SPH

Test the 23.6% retracement. Hopefully, global markets will be more stable and we can see this ah peck move up. Good luck to those vested.

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SPH

When When When? No picture no sound. This one STI up never follow, STI down follow! sigh....wat to do? wat to do? this is suppose the bluest of the blue chips. Wat a let down, lets hope its Q3 Earnings will some positive surprise.

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Magnecomp

One of the worse hit counters, on top of the 6 weeks sell of, it has issued a profit warning, slaming the stock down about 50%. looks like it has found the bottom and on a steady path up but i think it is unlikely that it will return to its previous glorly anytime soon. Near Term resistance, 80 cents.

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Time To Go Long?

before may 11, losta ppl say global indices are way too high, too much froth. Investors ignoring high oil and commodities price.

After June 11, losta ppl say global sell off overdone.

one of Goldman’s analyst say s&p500 12% undervalue......humm??

Valuations are getting "attractive"

STI at 2180 is the starting point for the most recent bull run to 2666. If we were to bounce of it, it might signal a buy. We shall see :)

judging by the commentary, should be able to go long soon :D

Updates

Hi, for those of you who read my blog, I would like to apologies for the lack of updates. I update my blog by sending email directly to blogspot, it seems that not all the email were published! I had email them for help but no reply. Typically I update at least once a day but it seems that all my post has been lost in cyberspace! Damn!

Will see what work around I can come up with.

SM

StarHub

2.16 seems to be the limit today. 30 mins charts looks like it is done for the day. if it holds this price, might see more upside in the coming days.

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