STI Rallying?

[lifeafter41]

Noted the last couple of days, the STI has been moving up, banks, sia, all moving up. Same goes for the US, Japan, HK and Europe markets.

Are we seeing a bottoming of the market already and indeed, stocks are moving upwards?.

 

[Soul_Reaper]

Noted the last couple of days, the STI has been moving up, banks, sia, all moving up. Same goes for the US, Japan, HK and Europe markets.

Are we seeing a bottoming of the market already and indeed, stocks are moving upwards?.

Going strictly by TA, the analysis is the appearance of the bull...... but whether this bull can run or not .... I'd rather wait n see

 

[Conan the Barbarian]

Noted the last couple of days, the STI has been moving up, banks, sia, all moving up. Same goes for the US, Japan, HK and Europe markets.

Are we seeing a bottoming of the market already and indeed, stocks are moving upwards?.

I just finished selling out all the shares I bought last week. This "rally" and that of the dow is short term, and we could probably buy lower in the next few weeks.

The bottom is IMHO, established for the next quarter, but its not going to shoot up from here. So take your time in accumulating stocks when the dow is closer to 8000, and the STI is closer to 1600.

Made 2 rounds already, and will be relooking when we get 10% lower thereabouts.

Take profit when the market moves up fast, and hold on if the appreciation is gradual.

 

[DerekLeung]

STI will fall again this Thursday 16.30 pm !

 

[ahleebabasingaporethief]

This is the mother of all bear rallies.

Push up for the big boys to get out.

Once out, u will seee the biggest cb hole in bear market history.

Common sense will tell you, how can things get well so quickly when nobody knows the full extent of the problem

 

[DOM the Clown]

Going strictly by TA, the analysis is the appearance of the bull...... but whether this bull can run or not .... I'd rather wait n see

Bro,
You're right. It's just the recovering from an extreme oversold condition. But I see a divergence of the CCI with DJIX 2 weeks ago. Now there's 3 CCI moving pits higher and higher while the pits of DJI move lower and lower.

Classic divergence. But..........after the reaction, I suspect the market will ding dong into longkang of many months........

Cheers!
DOM