Straits Times Index   

STI

agreeed yongjiu. When u see the word "bargain hunting" at the "peak" of the index, u know what that means. But confidence is still very strong (as evident by strait times report of STI's biggest one day plunge since May correction but no "hoo ha"), however, might not equate to buying power at this late stage. Bull exhausted. I dont'e believe people are still buying centillion. Texchem, not today sorry. The blue chips are correcting. Once the penny stocks are done, like they say "when the tides recede, you get to see who's not wearing swimming trunks." Cheong ohh. (5 cens)

 

usually small cap is the last wave of the bull run.
just my 2cents

 

small caps are inching up. Is this a good sign? Any advice?

 

    With the strong closing today, STI has more than compensated for the correction on Monday. Further upside is expected. Hope tonight's US market will do well.

 

sold the call too early, only a small profit.

 

Up to 2,725 now .... Scary shiok!!!

 

The bull is back! The bear has gone into hibernation!

 

Still going up! Yay!

 

STI doing well today. I think the fall recently was way too overdone.

 

btw a dip to 2500 region is less than 10% slide. shouldnt hurt that much like in may..

 

i expect sti to correct till 2500+ region. seriously. even all my friends exited most of their counter to see from sideline.

 

seriously speaking, i think the correction...hmm...will not happen. But DBS brother is correcting liao. start early first! lol....that means what? most pple who buy DBS are foreign? They exit DOW, and exit our blue chips. Ok.

 

For good luck - Yeahhhhh! Its November now!!! :P

 

Yup, but seems like the S'pore government is painting a GREEN pix of our economy recently ... Like they want STI to stay at its scary height!

I was wary much earlier after STI record runs (lesson learnt from May's huge correction), but its now like: "What the heck! Let's see how high STI can go now." to me .... Let's be patient and wait see what's going to happen in November.

Caution as market is too expensive to buy into now. Trade with care ya!

 

yoz, when in bear or uncertain market, the markets will dip or will not move. this is becoz the smarter and savvy investor would play safe and sit at the sideline to see the small players kana fried left right center.

even with the increase, u got see the volume? it doesnt look like a real rebounce to me w/o volume. expect 2to3 days of red for every 1 day of green.

i closed more than half of my stocks on friday thus this dip doesnt affect me much. hope many bros has taken the warning from me and other gurus and exit their trades last week.

 

Yalor, Cashiertan .... Tot the improved S'pore GDP news for next year would boost STI today. Haahaa!!

Anyway, it managed to stay afloat and closed GREEN - guess its due to the better S'pore employment data out this afternoon.

US market not doing well now after data out a while ago showed a lower consumer confidence & Chicago PMI. *Sigh!!!

 

ya lo tomorrow will be the first day of the trading of Nov.
perhaps it will re-bounce? =)

 

    I think many people are waiting for more signals from US market tonight. Based on the little that I learnt about Candlesticks, it looks like a reversal is on the card. That is to say that US market will probably end higher tonight. 

 

billywows,

u never fail to amazed me with ur remarks... lolz.. what has last day of oct got to do with market rebounce?

DOW and STI should see little green for 1 day before red for 2 days. it is a normal cycle. with little vol, it shows that the market is watching by the side while small retail players enter to try their luck. WIth no real support. hard to have a real solid rebounce.

 

after the carnage yesterday, today seems very very quiet