Straits Times Index   

STI to cross 3000 boosted by long-term investors

singaporegal,

I think u might be right today. For those who have invsted after the correction recently, be cautions, better to lock-in profits before it slips away...there should be another 2 corrections coming. Trade with care...

 

STI will most probably fall very hard today due to Dow's crash.

Be cautious.

 

SHORRTTTTTTTTTTTTTTTTTTTTT!!!!!

 

ur loss .......my gain..... is it?

 

we will have anohter 700K case ... but GAIN 700K mah.. walau, be optimistic la.

 

another red day..... hopeful we dont have another 700k case....

 

spurs88, the bottom is not reached yet...

spurs88 Member	Posted: 12-Mar-2007 20:56
x 0 x 0	Jackjames, even if rally is not here yet, it has more or less already hit the bottom. And there is only one way to go.........UP! Buy only stocks with good fundamentals and dividend yield with spare cash that you have and ...........wait to collect your windfall from those who panic-sold last 2 weeks and now scared to go back.

 

reversal just began after 5 days gain, I think STI will drop further.

 

shd i hold or sell? bot at .4, now .34. sad...

 

should avoid near expire sti call/put warrant now due to uncertainty.

suggest to consider STI3150 june call warrant for a longer term.

my 2cts worth

 

hey, i need help. i act smart go buy call warrant for sti. today cui liao. now dow in red, tmr is day for put warrant?

 

Volumes today are still lower than the weeks of bull run.

There are 258 declines vs 173 advances today.

Signs of a still-weak market.

 

The recent correction is more ferocious than the previous, so people tend to be more guarded. Even experts have caution that a drop of more than 9% will has a high degree to dip further for a total of 15%, i.e STI will may fall to 2747 (or in the range of 2700 to 2800). Many people did not expect the bounce to be better than the expected 3137. So likewise, many will expect the worst, nearer to 2700. I think the correction will be supported at 2800.

 

sti shud be down 2morrow cos dow wud likely end down 2morrow morning.

 

 

After 5 days of up, 6th days on profit taking..expecting some bargain hunters to nip at some fallen counters, in other word stagger & range bound

Straits Times Index    Last:3158.9   Vol:1.302.3m    -23.78

 

 

Can it be an (expected) technical rebound caused by the 'bargain hunters'?

Maybe, and maybe not... but who knows?

 

No need to wait for waves.....if you look at the overall market.....confidence is returning......most shares are almost recovering to prices 2 weeks back except blue chips.