trying to figure out the science and art of trading and investing

an exchange of trading and investing knowledge. the various postings in this blog are based on my personal opinion only and do not constitute as investment advice. The blog owner shall not be liable for any losses incurred by visitors who take investment action based on the postings.

Thursday, September 14, 2006

Straits Times Index

Nicely moving within the secondary trend up after the May corrections. today STI open up but gave away the gains. The STI achieved a higher low (28 Aug, 12 Sept) Beautiful! The lower price of crude helped the market a fair bit this week. Wall Street has been a positve catalyst as well. After the 20 Sept Fed Meeting, i hope it is smooth sailing ahead. This steady upward move will allow STI to challange the highs of May.

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