Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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Bon3260
Supreme |
25-Jan-2010 08:56
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Look @ Trading Mkt now I got headache!!! I guess BBs oso headache now... : ( | |||||
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kingong
Senior |
25-Jan-2010 00:24
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Bon3260
Supreme |
24-Jan-2010 23:50
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Ristaker, Ur 4Ds tips 2032 has appeared 1st Prize today. U r a real God. Give u a Star
risktaker ( Date: 22-Jan-2010 17:45) Posted:
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erictkw
Veteran |
24-Jan-2010 23:35
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Wat about those counters that u have set TP, like R Edu, Gaoxian, etc. earlier, but have not reached yet? ![]()
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cyjjerry85
Elite |
24-Jan-2010 22:40
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dun sound really good on the technical charts wise...better be a bit cautious of the corrections ...but on the other hand, it is a buying opportunity when it comes to a dip in the uptrend intact at the moment...just waiting for the better entry point btw, CNY rally don't happen all the time...and as we know, it is the DOW tt we follow and HSI as well...so these r the more scientific way of looking at it
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DnApeh
Master |
24-Jan-2010 21:56
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STI is below 50MA & out of lower B band, with RSI NOT oversold. ADX shows -vely placed DIs. Please trade carefully. |
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risktaker
Supreme |
24-Jan-2010 20:37
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my friend is betting huge on DJ future UP :)
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risktaker
Supreme |
24-Jan-2010 20:21
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Buy :) CNY Rally is coming this week :P
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Livermore
Master |
24-Jan-2010 20:09
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Yeah keep cool.
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dealer0168
Elite |
24-Jan-2010 20:05
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Growth Probably Accelerated as 2009 Ended: U.S. Economy Preview
By Timothy R. Homan Jan. 24 (Bloomberg) -- The U.S. economy probably grew in the closing months of 2009 at the fastest pace in almost four years as factories stepped up production and companies purchased new equipment, economists said before reports this week. Gross domestic product expanded at a 4.6 percent pace from October through December, more than double the prior quarter’s growth rate and the strongest since the first three months of 2006, according to the median estimate of 74 economists surveyed by Bloomberg News. Other reports may show orders for durable goods increased and home sales declined. Manufacturers such as Intel Corp. are leading the recovery as growing demand and dwindling inventories prompt companies to speed up assembly lines. Slower consumer spending after the third-quarter’s “cash for clunkers” rebound is a reminder that 10 percent unemployment is causing Americans to hold back, one reason why the Federal Reserve may keep interest rates low. “Inventories are going to be responsible for at least half of the growth, if not more,” said Joshua Shapiro, chief U.S. economist at Maria Fiorini Ramirez Inc. in New York. “There’s been an enormous amount of government stimulus that will be fading as we go through the year, so it’s unclear how much the economy can do on its own.” Fed policy makers will do their part to spur growth by keeping borrowing costs near zero after their two-day meeting this week, economists forecast in a Bloomberg survey. Central bankers, who meet Jan. 26-27, may reiterate their pledge to keep rates “exceptionally low” for “an extended period.” Fed Forecast The target rate for overnight lending among banks will stay in a range from zero to 0.25 percent through September before going up by half a point in the fourth quarter, according to the median forecast of economists surveyed earlier this month. The Commerce Department’s first estimate of fourth-quarter GDP is due Jan. 29. The world’s largest economy grew at a 2.2 percent pace from July through September, the first gain in more than a year, after shrinking 3.8 percent in the 12 months to June. That marked the worst recession since the 1930s. Stocks rallied last year on mounting signs the economic slump was ending. The Standard & Poor’s 500 Index climbed 65 percent in 2009 after reaching a 12-year low on March 9. Additional gains in the first part of this month evaporated last week after President Barack Obama proposed limiting risk- taking at banks and as concern grew that China will have to do more to cool its economy. Chip Demand Intel, the world’s largest chipmaker, posted its biggest quarterly revenue in more than a year last quarter, a sign the computer industry has emerged from last year’s global recession. “My expectation for 2010 is that we’re going to see robust unit growth,” Chief Financial Officer Stacy Smith said in an interview this month. “The consumer segments of the market will stay pretty strong, and I do believe we’re going to see a resurgence in PC client sales.” Smaller declines in inventories contributed to growth for a second consecutive quarter as companies picked up the pace of orders, economists said. Stockpiles rose 0.4 percent in November, marking the first back-to-back increase in more than a year. Consumer spending, which accounts for about 70 percent of the economy, probably increased at a 1.8 percent annual rate after rising at a 2.8 percent pace in the previous three months, the GDP report is also projected to show. Third-quarter purchases received a boost from the government’s auto-incentive program that offered buyers discounts to trade in older cars and trucks for new, more fuel- efficient vehicles. The plan expired in August. Business Investment Orders for long-lasting goods probably rose 2 percent in December, economists project the Commerce Department will report Jan. 28. While companies are buying new equipment, they’re reluctant to hire workers. Payrolls fell by 85,000 last month after a 4,000 gain in November that was the first increase in almost two years. The U.S. has lost 7.2 million since the start of the recession in December 2007, the most of any slowdown in the post-World War II era. The jobless rate held at 10 percent in December, the Labor Department said on Jan. 8. A jump in the number of discouraged workers leaving the labor market kept the rate from rising. Property values are showing signs of stabilizing. A report from S&P/Case-Shiller, due Jan. 26, may show home prices in 20 U.S. metropolitan areas declined 5 percent in the year ended in November, the smallest drop since September 2007, according to the survey median. Existing home sales dropped 9.8 percent in December, the month after a government tax credit was originally due to expire, the survey showed ahead of a Jan. 25 report from the National Association of Realtors. Purchases decreased to a 5.9 million pace from 6.54 million the prior month. New-home sales last month rose 4.2 percent to an annual pace of 370,000, according to the survey median before a Commerce Department report on Jan. 27. |
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FearValueGreed
Master |
24-Jan-2010 19:39
Yells: "Long Term Timing X Capital = Well Deserved Payout" |
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Jan. 24 (Bloomberg) -- President Barack Obama received assurances from Senate leaders that Ben S. Bernanke will be confirmed for a second term as Federal Reserve chairman, an administration official said. Support for Bernanke came from Richard Durbin, the second- ranking Senate Democrat who earlier was undecided. Christopher Dodd, a Democrat who chairs the banking committee, and Judd Gregg, the top Republican on the budget committee, said they are confident that Bernanke will be confirmed, even after some members of both parties announce their opposition. Traders at Intrade, a Web exchange for futures contracts based on political outcomes, saw an 82.5 percent chance Bernanke would be confirmed, down from 93 percent Jan. 21. The contract traded as low as 65 percent on Nov. 22 before rebounding after Reid announced his support. 8****************** In short, DJ will surge back to 10300 by Mon as short sellers covers back position. STI to lose 1% at most by tmr close. If Wen Jia Bao tmr speak up saying they are maintaining growth rate of 9%, then Shanghai will be surging back for a classic rebound. Bear Rally usually end when it breaks two strong suppport. So far only once it has been broken. Heng Heng. Bo dai ji. Go and sleep. |
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Hulumas
Supreme |
24-Jan-2010 17:22
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Words of WISDOM indeed!
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Jackpot2010
Master |
24-Jan-2010 16:41
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Relax. Those doomsayes who missed the boat in 2009 are singing the same tune - and they will be left empty-handed again this year. If u made some profit in 2009, use it to buffer this sharp correction and wait out. Don't panic to sell! Calm n order will return to the market in short time. | |||||
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178investors
Veteran |
24-Jan-2010 16:12
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After spending the last 3-4days digesting all the news, I feel better now. 2010 Obama is all about politics. However, all politics are local and meant more for the American audience so to win more votes in 2010 elections for democrats. Short term, markets will feel uncertain and nervous. However, any more dips below here could be opportunities to buy on dips. I'm ready to buy more next week. I'm keeping to the optimistic side. Wish all good luck. |
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yummygd
Supreme |
24-Jan-2010 14:12
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think monday will have meltdown???Dows so bad on fri close....think people have sat sun to think and calm down...i hope like dubai crisis maybe monday wont be as bad.....think if its bad i will go zzz since all tied up haha | |||||
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yummygd
Supreme |
24-Jan-2010 14:08
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haha so true so true!!
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smartrader
Elite |
24-Jan-2010 14:03
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watch too much movie, 2012..--anyway poor also die if it is EOW, might as well do what you thing is right and not to scare yourself or others...ie. do the right thing..cheers!!!
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ronleech
Master |
24-Jan-2010 13:28
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PM Lee urge investor to be caution and not to be over optimistic..... Go and vest before Temasek Holding clean out the cheap counters and left us with expensive one...:P |
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wongmx6
Veteran |
24-Jan-2010 08:08
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Be rational, this is just a correction, arrange ur bullets when the pendulum start to swing back. | |||||
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Farmer
Master |
23-Jan-2010 23:36
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Are we assuming there will be WW3 or EOW coming within the nx 2 years? |
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