/> ShareJunction - Member Posts
logo transparent gif
top_white_spacer
Home Latest Stock Forum Topics MyCorner - Personal Stocks Porfolio Stock Lists Investor Insights Investor Research & Links Dynamic Stock Charting FREE Registration About Us top spacer top spacer
 User Password Auto-Login
Enter Stock
 
righttip
branding

Back

Latest Posts By ozone2002 - Supreme      About ozone2002
First   < Newer   5401-5420 of 7452   Older>   Last  

02-Sep-2009 09:10 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
x 0
x 0
nikkei down 2+%.. wait till u see Hanseng and Shanghai!..
Good Post  Bad Post 
02-Sep-2009 09:01 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
x 0
x 2


Wah i see market open.. most of the blue chip gap down..

panic @ the disco!!
Good Post  Bad Post 
02-Sep-2009 08:59 Citic Envirotech   /   United Envirotech       Go to Message
x 0
x 0
with the ongoing market manipulation case by Pheim, hope this can affect utd's share price and let it be pushed down to be collected on the cheap..
Good Post  Bad Post 
02-Sep-2009 08:48 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
x 0
x 1


been sending out warning signals.. that insiders are selling at a fast pace..

oblivious to the retailers.. how can the rally sustain..

DYODD

but it's good the markets correct.. can pick up cheap
Good Post  Bad Post 
01-Sep-2009 22:58 Citic Envirotech   /   United Envirotech       Go to Message
x 0
x 0


there was a gap between 20c & 19c on monday when everybody got news of oei hong leong selling off his stake in Utd..

today the gap was covered..

will utd do better in the short term? possibly

but i believe the prospects of this company is very promising..

will collect more on dips.. cheers!
Good Post  Bad Post 
01-Sep-2009 17:21 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
x 1
x 0

blue chips running outta steam.. like i posted the other day..

run up and close down..



ozone2002      ( Date: 01-Sep-2009 14:58) Posted:

ditto..sell on rallies

ozone2002      ( Date: 01-Sep-2009 10:38) Posted:



check out STI.. really sell into rallies..

Chart


Good Post  Bad Post 
01-Sep-2009 16:42 Citic Envirotech   /   United Envirotech       Go to Message
x 0
x 0
support so weak ah.. 19c throw kenna
Good Post  Bad Post 
01-Sep-2009 15:38 Citic Envirotech   /   United Envirotech       Go to Message
x 0
x 0
19.5 laughing to the BANG ..keke

ozone2002      ( Date: 01-Sep-2009 14:21) Posted:

18.5 - 19..nice

ozone2002      ( Date: 01-Sep-2009 11:03) Posted:



selling climax over..

time for the good times to roll!


Good Post  Bad Post 
01-Sep-2009 14:58 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
x 0
x 0
ditto..sell on rallies

ozone2002      ( Date: 01-Sep-2009 10:38) Posted:



check out STI.. really sell into rallies..

Chart

Good Post  Bad Post 
01-Sep-2009 14:21 Citic Envirotech   /   United Envirotech       Go to Message
x 0
x 0
18.5 - 19..nice

ozone2002      ( Date: 01-Sep-2009 11:03) Posted:



selling climax over..

time for the good times to roll!

Good Post  Bad Post 
01-Sep-2009 14:16 Yanlord Land   /   Lord of China Prop       Go to Message
x 0
x 0
BBs are in play..

ozone2002      ( Date: 31-Aug-2009 21:33) Posted:



today is very interesting

the down bar open 2.32 went all the way down to 2.21 and then closed @ 2.3 which was near the open

also look at the vol.. highest for the 2 weeks of trading..

this kinda close can only be down by the Big boys or smart $$.. looks like they are picking up the share on the cheap..

DYODD

Good Post  Bad Post 
01-Sep-2009 13:39 Sinotel Technolo Rg   /   Sinotel IPO       Go to Message
x 1
x 1


actually what Dr Chan is conveying is the 90/10 rule some may have heard of it as 80/20 rule..

anyway its the same concept..

90% of the population earn 10% of the money to be made in the market.. Applies to all markets (property,equity,etc)

u want to be the 10% of the population who earns 90% of the money in the market...

how to do that? simple.. just do the opposite of what the majority is doing..

so step back and ask urself..with the bull market running, what is 90% of the population doing? if they are buying.. u gotta get out..

cos u want to be the 10% of the population that's making the 90% of the money..

it's simple logic..but sometimes we get too caught up with the "good economic news" that we forget that the economy is in bad shape..

blame those media and newspaper that paint a rosy picture..cos the fact is they also don't know what's happening with the economy or where

the economy is going.. they just report it and find a story that somehow relates to the market's rise or fall for that day..
Good Post  Bad Post 
01-Sep-2009 13:33 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
x 0
x 0

Goldman Sachs Wrong on Economic Recovery, Macro Hedge Funds Say

By Cristina Alesci

Sept. 1 (Bloomberg) -- Paul Tudor Jones, the billionaire hedge-fund manager who outperformed peers last year, is wagering that Goldman Sachs Group Inc. and Morgan Stanley got it wrong in declaring the start of an economic recovery.

Jones’s Tudor Investment Corp., Clarium Capital Management LLC and Horseman Capital Management Ltd. are taking a bearish stand as U.S. stock and bond prices rise, saying that record government spending may be forestalling another slowdown and market selloff. The firms oversee a combined $15 billion in so- called macro funds, which seek to profit from economic trends by trading stocks, bonds, currencies and commodities.

“If we have a recovery at all, it isn’t sustainable,” Kevin Harrington, managing director at Clarium, said in an interview at the firm’s New York offices. “This is more likely a ski-jump recession, with short-term stimulus creating a bump that will ultimately lead to a more precipitous decline later.”

Equity and credit markets have rallied on hopes that government intervention is pulling the U.S. out of the deepest economic slump since the Great Depression. The Standard & Poor’s 500 Index jumped 51 percent from its 12-year low in March through yesterday.

The economy will expand at an annualized rate of 2 percent or more in four straight quarters through June 2010, the first such streak in more than four years, according to the median estimate of at least 53 forecasters in a Bloomberg survey.

Tudor, the Greenwich, Connecticut-based firm started by Jones in the early 1980s, told clients in an Aug. 3 letter that the stock market’s climb was a “bear-market rally.” Weak growth in household income was among the reasons to be dubious about the rebound’s chances of survival, Tudor said.

Yields Drop

Yields on corporate bonds relative to U.S. Treasury benchmarks have sunk to levels unseen since before the collapse of Lehman Brothers Holdings Inc. in September, a positive sign for credit markets. Spreads on junk bonds fell in July to within 10 percentage points of Treasuries, lifting them out of the distressed category for the first time in almost a year.

“We think the recession is ending right now,” Abby Joseph Cohen, senior investment strategist at Goldman Sachs, said in a Bloomberg Radio interview Aug. 17. The New York-based bank forecasts 2 percent growth in U.S. gross domestic product in 2010.

Economists at New York-based Morgan Stanley in the past month have incrementally raised their GDP growth estimate for the current quarter to 4.8 percent annualized from 3.5 percent.

President Barack Obama said a decline in July’s unemployment rate signaled “the worst may be behind us.” GDP shrank 6.4 percent in the first quarter and 1 percent in the second, after a 4 percent contraction in the second half of 2008.

Different Jobless Rate

A focus on misleading indicators is driving markets, macro managers say.

Clarium watches the unemployment rate that accounts for discouraged job applicants and those working part-time because they can’t find full-time positions, Harrington said. July joblessness with those adjustments was 16 percent, according to the Department of Labor, rather than the more widely reported 9.4 percent.

The housing data isn’t as rosy as some see it, Harrington said. As existing U.S. home sales rose 7.2 percent in July from the previous month, distressed deals including foreclosures accounted for 31 percent of transactions, according to the National Association of Realtors, a Chicago-based trade group.

A report by the Mortgage Bankers Association, based in Washington, showed the share of home loans with one or more payments overdue rose to a seasonally adjusted 9.24 percent in the second quarter, an all-time high.

Loaded for Bear

Clarium, which oversees about $2 billion, is positioned for an equity bear market through investments in the U.S. dollar, Harrington said. Falling stock prices will strengthen the currency by forcing leveraged investors to sell equities to pay down the dollar-denominated debt they used to finance those trades, he said.

High unemployment, lower wages and potential missteps by policymakers around the globe may stifle economic growth in 2010, Tudor said. The firm, which manages $10.8 billion, is at odds with 55 economists projecting an average of 2.3 percent growth next year, according to the Bloomberg survey.

Macro managers’ pessimism is fueled in part by the U.S. government’s response to last year’s financial crisis, which they say fails to address the root cause. Banks still hold hard- to-sell assets on their balance sheets, the managers said.

Subdued Credit Growth

“Some critical initiatives have been cut short,” Tudor said. “As a result, toxic assets remain on balance sheets and credit growth is likely to be subdued for a long period.”

Some firms, including Brevan Howard Asset Management LLP, see the recession at its end while dismissing the likelihood of robust growth.

Brevan Howard, Europe’s largest hedge-fund manager with $24 billion in assets, told clients the U.S. could stumble when stimulus spending fades after the current quarter. The London- based firm, whose macro fund gained 20 percent last year, said consumer wealth erosion, scant bank lending and troubled world economies may result in a lackluster recovery.

The U.S. Federal Reserve and other policy makers took unprecedented steps in the past year to stave off financial disaster. The Fed’s Board of Governors used emergency powers to rescue markets for commercial paper, housing bonds and asset- backed securities. The Fed’s balance sheet swelled to $2.08 trillion last week, more than doubling from a year earlier.

Accounting Effect

The Financial Accounting Standards Board voted in April to relax fair-value accounting rules. The change to mark-to-market accounting allowed companies to use “significant” judgment in gauging prices of some investments on their books, including mortgage-backed securities that plunged with the housing market.

Banks are reporting better earnings because they haven’t been forced to account for their losses yet, Clarium’s Harrington said.

“We haven’t fixed the problem,” he said. “We’ve just slowed down the official recognition of it.”

Hedge funds rose in July for the fifth consecutive month, returning an average of 2.4 percent as stocks advanced, according to data compiled by Hedge Fund Research Inc. Bearish stances prevented some macro funds from joining the rally. The category lagged behind the industry average in July, rising 0.6 percent.

Fund Performance

Clarium, whose assets were mostly in fixed income, dropped 6 percent this year through June. Horseman’s fund slid 16.3 percent. Tudor’s BVI Global Fund Ltd. returned 11 percent.

The funds held up in 2008 amid the industry’s record 19 percent loss. Horseman’s Global Fund USD, which focuses on stocks, made HSBC’s private bank list of top 20 performers by gaining 31 percent. Tudor’s and Clarium’s funds fell 4.5 percent.

Macro managers are examining China for hints on how to place currency and commodities bets. Tudor said the country’s spending spree on raw materials inflated commodity prices and weakened the U.S. dollar.

A government mandate forcing banks to make about $1 trillion in loans during this year’s first half is spurring short-term growth that may not last, according to Clarium. China’s banking regulator drafted capital requirements Aug. 19 that may lead banks to rein in lending.

Horseman, with $4.1 billion under management out of London, was investing in long-term U.S. Treasury bonds. The firm believes interest rates will stay low for longer than the market expects, benefiting the asset class.

“Despite every effort by government in North America and Europe to avoid deflation,” Horseman wrote, “the current numbers suggest they are losing the battle.”

 

Good Post  Bad Post 
01-Sep-2009 13:17 Sinotel Technolo Rg   /   Sinotel IPO       Go to Message
x 2
x 1


aiyo.. Dr Chan steal my idea..

 i want royalties from him.. keke
Good Post  Bad Post 
01-Sep-2009 11:23 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
x 0
x 0
Some warn of deflating asset bubble in China
Updated 55m ago | Comments 1  | Recommend   E-mail | Save | Print | Reprints & Permissions | Subscribe to stories like this
A month-long plunge in the main Chinese stock market is raising questions about the outlook for China's economy. The Shanghai composite index sank 6.7% Monday, worrying global investors and capping an August bear market that has stripped more than 23% from share prices.

The nerve-jarring drop prompted some — including the head of China's $298 billion state-run investment fund and a former top Morgan Stanley economist — to warn of a deflating asset bubble. "Some of us were over-optimistic about the ability of China to become the engine of growth for the region and the global economy," said Joshua Aizenman, professor of economics at the University of California-Santa Cruz and a former consultant to the Chinese government.

After doubling in value from their crisis low in early November, Chinese stocks have been whipsawed by signs that the government is tightening the tap on its free-flowing fiscal stimulus. Beijing has battled recession by funneling unprecedented sums through state banks as part of a $586 billion pump-priming. It worked: China has been a rare bright spot on the global horizon, growing in the second quarter at an annual rate of 7.9%.

"The government did a great job of stabilizing the economy. In the process, it created a bit of an asset bubble," said William Overholt, senior research fellow at Harvard University's Kennedy School of Government.

Lou Jiwei, head of China Investment Corp., the government's investment fund, said this weekend that both China and the United States were "creating more bubbles" in trying to combat the global crisis. And Andy Xie, a prominent, former Morgan Stanley economist, told Bloomberg News that the Shanghai exchange is in "deep bubble territory."

Shanghai remains a speculative market, often buffeted by government whims. Investors spend as much time interpreting officials' signals as they do scrutinizing company balance sheets. Now, with lending from state-dominated banks shrinking from a monthly average of about 1,230 billion yuan over the first half of 2009 to as little as 300 billion yuan in August, investors sense the government is pulling back.

"Investors don't want to be in the speculative Chinese stocks or speculative Chinese real estate. Because if they are, they'll get burned," said former investment banker Overholt.

Even with the cut in bank lending, the economy will still have plenty of fuel. Only 10% of China's stimulus was spent in the fourth quarter of 2008 and an additional 40% is expected to be paid out this year. The remaining half will be spent in 2010, according to AllianceBernstein.

Nicholas Lardy of the Peterson Institute for International Economics says the Shanghai market has little connection to the Chinese or global economies. Foreign investment is equal to less than 1% of total market capitalization, he said. "I don't think this (drop) is a harbinger of a Chinese slowdown," he said. "The Chinese economy is doing quite well."

Good Post  Bad Post 
01-Sep-2009 11:10 Genting Sing   /   GenSp starts to move up again       Go to Message
x 1
x 0


Genting share is like internet gambling..

don't get caught playing russian roulette
Good Post  Bad Post 
01-Sep-2009 11:05 Sinotel Technolo Rg   /   Sinotel IPO       Go to Message
x 0
x 0


whenever i see a huge tail trailing from the top of the bar..

it's a sign to tell me that the smart money is dumping..
Good Post  Bad Post 
01-Sep-2009 11:03 Citic Envirotech   /   United Envirotech       Go to Message
x 0
x 0


selling climax over..

time for the good times to roll!
Good Post  Bad Post 
01-Sep-2009 10:52 Sinotel Technolo Rg   /   Sinotel IPO       Go to Message
x 1
x 0
musical chairs coming soon just like UNIASIA.. don't be the one left standing w/o the chair..
Good Post  Bad Post 
01-Sep-2009 10:38 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
x 0
x 0


check out STI.. really sell into rallies..

Chart
Good Post  Bad Post 
First   < Newer   5401-5420 of 7452   Older>   Last  



ShareJunction Version: 27 Nov 2020 ver - All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.