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depends on dow 2night..... 8.30 [employment situation] n 10.00 [usa ism non-manuf index].
Market back to green again, Hoping that it's sustainable.
Yes, everyday can be a Selling Day, much depend d situation.
Last Thu 26 STI up 67.11. HSI climbed 486.67. Came Fri most STI powerful stocks lost momentum, shed back d gain previous day. HSI didn't perform well after lunch break, in a bit red though end of day recovered 10.52pts.
Yesterday, Thu with STI up record high of 101.68 since quite sometime ago n STI alrdy about d same beginning of ds yr.
See a bit momentum of d blue chips on STI after market open ds am. Later HSI scored merely gain of 20 over pts, market open.
Sell in strength could be a better option of d small retailers. Anyway, choices are theirs.
Above no calling, just AK observation.
but currently is profit taking day.. see if afternoon become a sell off or rebound.. all depend on US mkt
| Index | Last | Change | % | High | Low | Time |
|---|---|---|---|---|---|---|
| STI | 1793.99 | -9.35 | -0.52% | 1827.84 | 1793.99 | 10:20:32 |
| Hangseng | 14392.19 | -129.78 | -0.89% | 14599.31 | 14392.19 | 10:20:33 |
Not necessary tat Fri must always be a selling day, eg look at 20/3 (Fri too) but up day.
This is not cast in stone nor written in the bible.
aleoleo ( Date: 03-Apr-2009 09:33) Posted:
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Tks.
Go for some cheap ones like ChinaFlex Package. Some other local ones also not bad.
Agree lau, I will collect all the ten cents and below types.
Coming Monday when all blues are taking a short break, the pennies will be in the show. I m locking up the blues and gathering the pennies for a good harvest later.
yes, today is Friday, as usuall, selling day and profit taking .... wait for HANG SENG open and see how, if HSI power up, STI should follow .
Watch the STI closely. Selling pressure has set in... Just my view...
Juzztrade ( Date: 02-Apr-2009 23:54) Posted:
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tomolo is going to be a sunshine day...sell some blue and buy 2nd liner for fat profit , later next week...
Gold and the stock markets to rally together:
Quote:
"And in that regard, I believe the Dow has bottomed and is about to start reflating … big time.
The first stop higher for the Dow: It will soon get back to the 10,000 level (in nominal terms). And if it closes above 10,000 on a weekly or monthly basis, it will then rally to over 12,000.
And in about 5 or 6 years from now you could be staring at a Dow that’s in the 35,000 range.
Gold will also be shooting to the moon, right along with stocks "
http://www.moneyandmarkets.
At least, you are wise....long term , fundamental rule...short term market can go anywhere even with lousy news around...
But you make hay while the sun shines...this sunshine is just for a while only..dont go long..
Other than that ,,...all are bullshit.
mario1 ( Date: 02-Apr-2009 23:49) Posted:
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well mkt is all abt sentiments.. so if everyone believes it will turn for the better, it will.. just sail along.. as long as theres no more very bad news.. if it last long enuff, of cos it will convince the rest of the pessimists.. they might miss the boat, but as said, there's oways next boat if it's a real rally..
4 d persistent pessimistic bear will sentiments change change him or her???
mario1 ( Date: 02-Apr-2009 23:49) Posted:
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I might consider buying the following to go long..
Singtel, SMRT, SPH, Noble Comfort Delgro Sembcorp, Sembmar...
who would have expected such turn with fundamentals remain more or less the same.. i think basically it's sentiments that change..
many counters.
mario1 ( Date: 02-Apr-2009 23:22) Posted:
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