Friday, November 18, 2005

STI -Today



Today, the STI made a valiant effort at challenging the psychological 2280 mark and did a breakthrough(31.71pts gain)! This time round, volume was a convincingly heavy, a 988mil against the previously 700 mils. Also gainers (368) widened losers (163) significantly.  In the candlestick view, it would be a 3 white soldiers heralding a start of a potential rally to come!. In contrast to yesterday, it was smooth sailing from the start: an “up and up and away” motion. That is what I used to say: “when it comes to stock market, things are seldom what they seem!”
With these weighty gains,all sectors excelled. Blue Chip, Banks, Tech, Property and Oil related counters went up!
What more can I ask for?  Is your money ready on Monday?



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