Can MIT drop to S1 or test the ower channel in the coming days / weeks?

 

 
MINT px is getting interesting 
, a bit more lower will be tempting for me to buy. Not sure whether any folks here share the same view?
, a bit more lower will be tempting for me to buy. Not sure whether any folks here share the same view?
I dunno about STI stocks.
But Nasdaq has been running for 6 weeks already.
This winning streak has been the longest since Oct 2024.
If her run continues next week, it will be the 7th consecutive week.
I guess fueled by strong earnings of tech companies and AI play.
AI is here to stay and will dominate for at least the next 3 to 5 years.
So if you are the type who rides on whatever is the current play, you will want to be vested in AI stocks.
On the flip side, there is talk of an AI bubble. The skeptics will say too high already, dont chase, stay away and stay safe.
Dont be around when the shit hits the fan. But AI bulls will say stay out at your own risk. When the boat leaves port, you can
wave us goodbye at the harbour. We will wave back to you on the boat to ride her higher north. Which camp is right, you need
to decide and roll the dice or stand aside.
Dow on the other hand is a bit of a drag facing resistance at around 50100 region. Over the last 2 weeks, this level has been
tested 3 times already. The 3rd time was last nite. However, what is noteworthy that on the very 1st attempt to test this resistance,
she failed and the resultant pullback was quite deep. During the 2nd attempt, the pullback which occurred thereafter was shallower
than the 1st attempt. And last nite was shallower than the 2nd attempt. This means the gap is narrowing. This means investors and
traders are starting to believe we have seen the bottom and that any pullback which occurs now will not revisit that bottom. So people
are more willing to jump in to buy the pullback, not stand aside and hope to see lower. Becoz it has become a case of you dont buy,
others will and you will miss the boat. So I believe the next attempt to break 50100 will be more promising than the previous 3 occasions.
And ofcoz if by coincidence Iran comes out to say they have accepted Trump' s terms to end the war, then triple confirm markets will be
roaring loudly and with that, the resistance at 50,100 will come down like below.

 
But Nasdaq has been running for 6 weeks already.
This winning streak has been the longest since Oct 2024.
If her run continues next week, it will be the 7th consecutive week.
I guess fueled by strong earnings of tech companies and AI play.
AI is here to stay and will dominate for at least the next 3 to 5 years.
So if you are the type who rides on whatever is the current play, you will want to be vested in AI stocks.
On the flip side, there is talk of an AI bubble. The skeptics will say too high already, dont chase, stay away and stay safe.
Dont be around when the shit hits the fan. But AI bulls will say stay out at your own risk. When the boat leaves port, you can
wave us goodbye at the harbour. We will wave back to you on the boat to ride her higher north. Which camp is right, you need
to decide and roll the dice or stand aside.
Dow on the other hand is a bit of a drag facing resistance at around 50100 region. Over the last 2 weeks, this level has been
tested 3 times already. The 3rd time was last nite. However, what is noteworthy that on the very 1st attempt to test this resistance,
she failed and the resultant pullback was quite deep. During the 2nd attempt, the pullback which occurred thereafter was shallower
than the 1st attempt. And last nite was shallower than the 2nd attempt. This means the gap is narrowing. This means investors and
traders are starting to believe we have seen the bottom and that any pullback which occurs now will not revisit that bottom. So people
are more willing to jump in to buy the pullback, not stand aside and hope to see lower. Becoz it has become a case of you dont buy,
others will and you will miss the boat. So I believe the next attempt to break 50100 will be more promising than the previous 3 occasions.
And ofcoz if by coincidence Iran comes out to say they have accepted Trump' s terms to end the war, then triple confirm markets will be
roaring loudly and with that, the resistance at 50,100 will come down like below.

 
while the current focus is how soon can the Iran war which impact energy supplies end there is still the Ukarine war that has no end in sight. Wall Street driven by AI optimism has the Bull continue to be taking charge despite these 2 ongoing wars. When the Iran war cease, Wall Street will celebrate which gives the Bull further cause to take charge. Hence Bear unlikely to be take over and continues to be hibernate. This means we have to use these time periods to take advantage of insane price offer dangled by Mr. Market.
OK noted thanks
wavehunter ( Date: 08-May-2026 15:10) Posted:
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wavehunter ( Date: 08-May-2026 14:32) Posted:
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Bro sanvan,
Yes, for some of the hardliners, pride is what stands between them and peace.
At the start of the war when Iran had 100% of its arsenal and every single hardliner was still alive, it was very easy for a hardliner
to speak bravely about dying for his country and fight to the end and never give up etc etc etc.  But after 8 weeks of relentless
bombing during which 90% (according to Trump) of Iran' s military infrastructure were destroyed or incapacitated and at least a
dozen of your fellow hardliners who spoke loudly and bravely including the Ayatollah are now dead, those hardliners who are
still alive having seen the devastation of the joint air campaign by the US and Israel cannot help but be shaken somewhat.
At the start of the war, it would have been impossible to talk sense to a hardliner. But today, if one moderate leader in the regime
says to a surviving hardliner - look at all those (other hardliners) who died over the last 8 weeks. How many times did you think
of them during the last 8 weeks? How many minutes a day do you set aside each day to remember them fondly ? Do you ? Of
course you dont. Your only concern is how to survive this war and not be killed. So these comrades who died, what have their
deaths achieved? How, by dying, have they done any good for Iran ? Their deaths were in vain. And you thought nothing about
their deaths and did nothing. You in fact forgotten about their deaths. Your primary concern is how to survive this war. You dont
want peace ? You still want to talk about fighting on ? Those comrades who died, died in vain and no one, including you, remember
them. You want to go join them ? End the war and live. If you are dead, you can do nothing for Iran. Only if you are alive that pehaps
you can do something for Iran. To live, you must end the war first. 
I wonder as we speak, the above conversation is already taking place between a moderate and a hardliner or has already taken place.   
Yes, for some of the hardliners, pride is what stands between them and peace.
At the start of the war when Iran had 100% of its arsenal and every single hardliner was still alive, it was very easy for a hardliner
to speak bravely about dying for his country and fight to the end and never give up etc etc etc.  But after 8 weeks of relentless
bombing during which 90% (according to Trump) of Iran' s military infrastructure were destroyed or incapacitated and at least a
dozen of your fellow hardliners who spoke loudly and bravely including the Ayatollah are now dead, those hardliners who are
still alive having seen the devastation of the joint air campaign by the US and Israel cannot help but be shaken somewhat.
At the start of the war, it would have been impossible to talk sense to a hardliner. But today, if one moderate leader in the regime
says to a surviving hardliner - look at all those (other hardliners) who died over the last 8 weeks. How many times did you think
of them during the last 8 weeks? How many minutes a day do you set aside each day to remember them fondly ? Do you ? Of
course you dont. Your only concern is how to survive this war and not be killed. So these comrades who died, what have their
deaths achieved? How, by dying, have they done any good for Iran ? Their deaths were in vain. And you thought nothing about
their deaths and did nothing. You in fact forgotten about their deaths. Your primary concern is how to survive this war. You dont
want peace ? You still want to talk about fighting on ? Those comrades who died, died in vain and no one, including you, remember
them. You want to go join them ? End the war and live. If you are dead, you can do nothing for Iran. Only if you are alive that pehaps
you can do something for Iran. To live, you must end the war first. 
I wonder as we speak, the above conversation is already taking place between a moderate and a hardliner or has already taken place.   
SingTel fell and fell for a few weeks ler.
Now that she has found her bottom where there is a springboard, she will now do the opposite - rise and rise.
If got ammo, just add and add.
When she is back at $5.27, can count money ler. 
Now that she has found her bottom where there is a springboard, she will now do the opposite - rise and rise.
If got ammo, just add and add.
When she is back at $5.27, can count money ler. 

spore1 ( Date: 08-May-2026 13:51) Posted:
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SingTel is back to my entry price 4.72, may be might go higher
The regime' s motto is death to the US and death to the Israelis.
Will that or has that changed?
No.
An Iranian parliamentarian has called the US' s peace proposal a wish list rather than reality.
What does that tell us? They wont surrender. Unless it is rhetoric, which I doubt. 
So, we will need to brace ourselves for more hostility from Iran rather than a deal. 
And the role of a rogue state such as Pakistan as a mediator doesnt help. 
Pakistan has no clout over Iran. China would have been much better. 
But, the US can have China involved. They would look bad if they have to enlist China' s help.
So, the mighty US, having spent all that money and having mobilised so much firepower arent able to close it.
They have achieved little. To me, they failed. They inflicted damage, and a lot it, but still ultimately failed. 
The promise of a regime change didnt materialised. The regime is stronger than ever. 
They removed the previous Ayatollah, only to be replaced by another hardliner, who is perhaps even more fundamentalist. 
Despite being wounded, he is still able to hold on to the regime. And dictate terms. To me, that doesnt sound like the US 
is victorious. I will be watching what the US does next. And so will the world. And praying for an end to this. 
Will that or has that changed?
No.
An Iranian parliamentarian has called the US' s peace proposal a wish list rather than reality.
What does that tell us? They wont surrender. Unless it is rhetoric, which I doubt. 
So, we will need to brace ourselves for more hostility from Iran rather than a deal. 
And the role of a rogue state such as Pakistan as a mediator doesnt help. 
Pakistan has no clout over Iran. China would have been much better. 
But, the US can have China involved. They would look bad if they have to enlist China' s help.
So, the mighty US, having spent all that money and having mobilised so much firepower arent able to close it.
They have achieved little. To me, they failed. They inflicted damage, and a lot it, but still ultimately failed. 
The promise of a regime change didnt materialised. The regime is stronger than ever. 
They removed the previous Ayatollah, only to be replaced by another hardliner, who is perhaps even more fundamentalist. 
Despite being wounded, he is still able to hold on to the regime. And dictate terms. To me, that doesnt sound like the US 
is victorious. I will be watching what the US does next. And so will the world. And praying for an end to this. 
General Wave,
From a logical perspective, that would be the best thing for the Iranians to do.
But they are not ruled by logic, but pride. And their pride pushes them to push the envelope.
So, they are at war again. They know that Trump is running out of cards to play. 
Trump hasnt got the bolas to send in the troops. Venezula was over in one day with troops on the ground. 
To-date, the only soldier to set foot in Iran are the fallen pilots. What an irony.
When you lack the bolas to send in troops, difficult to get them to fully surrender. Which is what Trump is demanding.
A full surrender. 
So, the blockade causes some pain. No money to pay. 
But, unlike the trader, the Iranian govt can print money and pay its civil servants.
They are obviously holding out. Trump cant hold out. He has elections due - mid term. Internal handcuffs.
Gulf contries are telling him to stop. External handcuffs. 
UK has refused to join in. I would call that " revolt" or " mutiny" .
Gasoline prices are up and he is becoming hugely unpopular. He has promised not to commit troops overseas.
He cant attack for fear of Iran attacking oil facilities in the neighbourhood. 
His Gulf allies are exerting pressure on him. He needs an exit but has locked himself in. 
He cant do a stalemate and walk away. That would hurt his and American pride. 
And the Iranians know that and are exploiting it to the fullest. Streching him. Stalling for time.
If the Iranians were to have even a minor military success, such as sinking a frigate, Trump is going to look super bad.
Worse, if they manage to finish off an air craft carrier, even if that seems unlikely to all of us who think of the US as mighty.
The Iranians just need some help from China and Russia to do that. A few drones and some good missiles. 
The attack on the World Trade Centre in New York was unthinkable. But it happened.
So, the way forward may also be for the US to make some concessions to the Iranians to close it.
And perhaps come back another day to finish the unfinished. 
Such as the enriched uranium. Iran does not wish to give it up.
US wants it confiscated.  Why lock yourselves in and say that is non-negotiable?
Well, let' s watch how it pans out. At least we wont have the Lunatic screaming that they really want to do a deal.
I think he has been saying that to make himself feel better. The Iranians dont wont to do a deal. 
They havent said that they are prepared to meet again. They want to keep things this way and see if the US blinks.
Poker play in action. See who can take the greater pain. 
Iran or the world? 
Meanwhile, the Israelis are having it easy in Lebanon. 
In fact, they played it well. They got the US to take on Iran while they conserved resources and attacked Lebanon. 
But the US is now in a jam. Supposed to be all over in 4,5,6 weeks. 
No sight of it. Meanwhile, diesel has doubled. The rest of the world is feeling intense pain. 
When will it end? When the Iranians stop their hatred and focus on making their citizens' lives better.
Will that happen? Not with this regime. 
So, we may well have to wait for an internal awakening for a regime change for better days and an end to the war. 
 
From a logical perspective, that would be the best thing for the Iranians to do.
But they are not ruled by logic, but pride. And their pride pushes them to push the envelope.
So, they are at war again. They know that Trump is running out of cards to play. 
Trump hasnt got the bolas to send in the troops. Venezula was over in one day with troops on the ground. 
To-date, the only soldier to set foot in Iran are the fallen pilots. What an irony.
When you lack the bolas to send in troops, difficult to get them to fully surrender. Which is what Trump is demanding.
A full surrender. 
So, the blockade causes some pain. No money to pay. 
But, unlike the trader, the Iranian govt can print money and pay its civil servants.
They are obviously holding out. Trump cant hold out. He has elections due - mid term. Internal handcuffs.
Gulf contries are telling him to stop. External handcuffs. 
UK has refused to join in. I would call that " revolt" or " mutiny" .
Gasoline prices are up and he is becoming hugely unpopular. He has promised not to commit troops overseas.
He cant attack for fear of Iran attacking oil facilities in the neighbourhood. 
His Gulf allies are exerting pressure on him. He needs an exit but has locked himself in. 
He cant do a stalemate and walk away. That would hurt his and American pride. 
And the Iranians know that and are exploiting it to the fullest. Streching him. Stalling for time.
If the Iranians were to have even a minor military success, such as sinking a frigate, Trump is going to look super bad.
Worse, if they manage to finish off an air craft carrier, even if that seems unlikely to all of us who think of the US as mighty.
The Iranians just need some help from China and Russia to do that. A few drones and some good missiles. 
The attack on the World Trade Centre in New York was unthinkable. But it happened.
So, the way forward may also be for the US to make some concessions to the Iranians to close it.
And perhaps come back another day to finish the unfinished. 
Such as the enriched uranium. Iran does not wish to give it up.
US wants it confiscated.  Why lock yourselves in and say that is non-negotiable?
Well, let' s watch how it pans out. At least we wont have the Lunatic screaming that they really want to do a deal.
I think he has been saying that to make himself feel better. The Iranians dont wont to do a deal. 
They havent said that they are prepared to meet again. They want to keep things this way and see if the US blinks.
Poker play in action. See who can take the greater pain. 
Iran or the world? 
Meanwhile, the Israelis are having it easy in Lebanon. 
In fact, they played it well. They got the US to take on Iran while they conserved resources and attacked Lebanon. 
But the US is now in a jam. Supposed to be all over in 4,5,6 weeks. 
No sight of it. Meanwhile, diesel has doubled. The rest of the world is feeling intense pain. 
When will it end? When the Iranians stop their hatred and focus on making their citizens' lives better.
Will that happen? Not with this regime. 
So, we may well have to wait for an internal awakening for a regime change for better days and an end to the war. 
 
wavehunter ( Date: 07-May-2026 18:22) Posted:
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Nice price! SingTel is rising up when the market is in the red.
halleluyah ( Date: 07-May-2026 20:01) Posted:
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Bot some too during closing after going thru the memorandum, agak iran will accept the deal....din manage to get cict at 2.32....
yoga123 ( Date: 07-May-2026 17:09) Posted:
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Just check in to Room 2.69  👍
wavehunter ( Date: 07-May-2026 17:35) Posted:
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A trader can have all the skills and knowledge about trading.
A trader can have all the bolas that an aggressive trader needs.
A trader can have a bottomless appetite for risk to make all the big bets.
But if a trader has no capital to work with, there is nothing he can do and he is nothing.
Iran is now in that state. The hardliners may want to keep fighting. To do that, they need
their soldiers to follow orders and execute commands. They need their Police officers to
report for work to keep law and order to ensure their people dont revolt, dont riot, dont
rebel to throw out the government. They need their civil servants to faithfully report for
work too to keep the country' s bureaucratic engine running. But how to do all that if you
have no money to pay them ?
The blockade has resulted in a stranglehold on Iran' s economy. They cannot sell oil or
gas and cannot raise money. They are now like that trader who is willing to trade, willing
to take risks and has all the knowledge and bolas to trade. But has no capital to fund his
trading. For a trader, no capital means cannot trade.
For Iran, no money means cannot keep fighting. Becoz your soldiers are the ones who are
doing all the fghting and dying for you. You need to pay them. But you cant. You have no
money. Which is why Iran will likely do the next best thing - secure the best terms they can
in the circumstances and end this war. 
A trader can have all the bolas that an aggressive trader needs.
A trader can have a bottomless appetite for risk to make all the big bets.
But if a trader has no capital to work with, there is nothing he can do and he is nothing.
Iran is now in that state. The hardliners may want to keep fighting. To do that, they need
their soldiers to follow orders and execute commands. They need their Police officers to
report for work to keep law and order to ensure their people dont revolt, dont riot, dont
rebel to throw out the government. They need their civil servants to faithfully report for
work too to keep the country' s bureaucratic engine running. But how to do all that if you
have no money to pay them ?
The blockade has resulted in a stranglehold on Iran' s economy. They cannot sell oil or
gas and cannot raise money. They are now like that trader who is willing to trade, willing
to take risks and has all the knowledge and bolas to trade. But has no capital to fund his
trading. For a trader, no capital means cannot trade.
For Iran, no money means cannot keep fighting. Becoz your soldiers are the ones who are
doing all the fghting and dying for you. You need to pay them. But you cant. You have no
money. Which is why Iran will likely do the next best thing - secure the best terms they can
in the circumstances and end this war. 
Good move.
So which cabin are you handcuffed to the bed now with this new purchase?
So which cabin are you handcuffed to the bed now with this new purchase?
yoga123 ( Date: 07-May-2026 17:09) Posted:
|
Capitaland India Trust closed at 1.06.
On hindsight as I wasnt paying attention to her, this one at 1.06 could be a window to get out first and wait for a retracement
to $1.01 to $1.03 to reload. But if Dow goes to the Moon tonite becoz of good news from the Iranians, Capland India Trust may
well continue higher to show us $1.08. And that will be another chance for you to get out. 
On hindsight as I wasnt paying attention to her, this one at 1.06 could be a window to get out first and wait for a retracement
to $1.01 to $1.03 to reload. But if Dow goes to the Moon tonite becoz of good news from the Iranians, Capland India Trust may
well continue higher to show us $1.08. And that will be another chance for you to get out. 
Bought some Ascendas during closing at 2.49  👍
wavehunter ( Date: 07-May-2026 15:09) Posted:
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Iran will deliver their reply today on whether to accept US proposal.
If Iran accepts the Peace Deal, markets will do this and you wont see 2.50 anymore.
.

If Iran accepts the Peace Deal, markets will do this and you wont see 2.50 anymore.
.

halleluyah ( Date: 07-May-2026 12:36) Posted:
|