Straits Times Index   

STI

STI will rally and break all time record high tomorrow, if US market rally holds tonite. Shiok

 

IF u see carefully, thou there is big rise in STI today, theno. of gainers is the same number as the losers. abit weird, also most of the gainers are warrents and property stocks and other selective stocks, thus the rise may be selective rather than broadbased.

Thus dun be over bullish on this.

 

be ready that there may be dip tomolo. STI has lots of volume but most of them is on penny stocks. Thus it may means that the increase in price for the BLUE chips lack the volume. Remember, often before a big dip, there is usually a fake rise and vice versa.

Volume must see on which stocks. If on penny stocks. it may signal the ending rally. Big money have been moved. Penny stocks which retailers like us play will run out of steam very soon.

Of coz the rally may just started, however it pays to be careful.

 

If it continues to be above 1.5 billion a day, I can say that the BULL is back!

 

WoW! 2.03 billion!! No wonder SGX cheong...

 

HONG KONG (MarketWatch) -- Asian stocks were sharply higher Tuesday, with indexes in Australia, Indonesia and Hong Kong marking new all-time highs, while Japan's Nikkei 225 Average advanced on gains in Sony Corp. and Honda Motor after a strong performance in U.S. markets.

Investors apparently ignored possible concerns over the pivotal midterm congressional elections later Tuesday in the U.S. to focus instead on strong gains on Wall Street.

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Closed up 20 points to 2,749.2 today .... with a whopping volume of 2.03 billion shares traded!!

 

Let's cheer.....

STI2780 call warrant in the money soon...

 

All time intra day record high breached liao ....... Shiok! Now 2,755.20!!!

 

Wah! up 20 plus points on open!

 

Yes! today should be a BULL day

 

STI will follow and cheong today!

Yeah!!!

 

Yes, Maxsyn! STI should attempt another record high today ..... to close above 2,750. November chiong!

 

DOW up 100+.

A red bull for STI.

 

Ended up on on close. Price will always stabilise after lunch. Price movement at the open can be decieving.

 

Yup. The selling in the past few days is overdone.

 

hmmm seem like STI is very well supported, aft all the profit taking katek.

 

I hope the democrats win the mid-term elections in the US. The Dow will surely cheong and STI will follow!

 

Market always look for excuse to profit taking or chasing up the price.

 

Don't worry too much about price movements in the morning. Prices usually stabilise after lunch.