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Friday, December 21, 2007

STI General Outlook

Stocks:

Yangzj - short n mid term bearish

singtel - short n mid term bearish, long term still bullish

capitaland - short, mid n long term bearish

china hongx - short n mid term bearish, long term bullish with signs of weakness

ocbc - short, mid, long term bearish

starhub - short, mid n long term bearish

stx - short n mid term bearish, long term bullish with signs of weakness

abterra - short, mid n long term bullish

cosco - short term bearish with signs of strength, mid term bearish, long term bullish

chartered - short, mid n long term bearish

**overall bearish sentiment yet to show signs of recovery.

STI - short, mid term bearish, long term bullish with signs of weakness

uob sesdaq - short, mid n long term bearish

com - short n mid term bearish, long term bullish

cons - short, mid, long bearish

fin - short, mid, long bearish

hotel - short term bullish, mid term bearish with signs of strength, long term bullish

mfg - short, mid term bearish, long term bullish

multi - short, mid term bearish, long term bullish

prop - short, mid, long term bearish

tsc - short, mid term bearish, long term bullish

elec - short, mid, long term bearish

**general outlook still bearish except for hotel sector which seems to show strength despite market weakness.


Global market review will be done tml after my system is updated,
enjoy your weekend...

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