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STI to test 2860 before going higher
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tiancai007
Master |
01-Aug-2012 18:21
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Know The Line...
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iPunter
Supreme |
01-Aug-2012 18:11
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Only when more people play shares they will have more profits... If less people play shares, they where got good profits, they might as well close down... common sense... lol. But we must really pity those who play shares...
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steadylar
Veteran |
01-Aug-2012 17:37
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tedsokny bro, let's do our part to warn everyone around us not to gamble with stocks. the 20% of investors who make money are those who are like warren buffett, invest for growth and dividends, those who trade frequently (the 80%) win some, but lose back, or more. People still feel the pain when recalling their painful, nightmarish experiences of clob, asia fnancial crisis, 2008 crash etc... when a lot of them went bankrupt, forced to sell their business, house and car. and now SGX and SIAS want to suck in more people to play stocks.
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tedsokny
Senior |
01-Aug-2012 13:48
Yells: "Have a Angkor Beer!" |
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Steadylar, I rem the big hoo ha abt stock was when singtel gg to list...that was 20 yrs ago? yup...since then, clob gone, lots got burnt, cpf gone... |
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steadylar
Veteran |
01-Aug-2012 13:23
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I'm very concerned about SGX and SIAS starting some campaign to encourage more Singaporeans to invest in stocks. They are desperate, seeing the miserable vol from retail traders. Low retail participation is happening even in US, China and global mkts, not just here, and it's a sign that more people have wise up to the idea that they can lose their hard earn money playing stocks. My fear is that ignorant youngsters get sucked into stock trading thinking they can make alot of money in a short time, but lose instead, and get addicted like gambling. Trading is very complicated, and we cant beat the greedy, merciless BBs who use program trading. Most people only give up after their bullets dry up, a very big painful loss. I've discouraged my friends, colleagues, relatives from trading, bcos with internet and mobile trading, it is too easy to trade, and get addicted. 80% of people lost in stocks, how sure are they that they can be the 20%? The only way not to be the 80% is to never ever treat stocks like gambling,... ie buy/sell fast on tips and news...sure lose big big. Everyone shd wait for price to be very low then buy blue chips, and hold longer, for dividends and capital appreciation. One can only make profits from such an investment approach, ie take a long term investment approach. Betting for quick profits is no different from gambling in a casino isn't it? |
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risktaker
Supreme |
01-Aug-2012 12:53
Yells: "Sometimes you think you know, but in fact you dont" |
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This problem is similar to Europe crisis ..... :) u likely to leave ur Grp in the end ..... But of course EU is more complicated .... If just friendship germany would have say good bye euro ......
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steadylar
Veteran |
01-Aug-2012 12:47
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National Council for Problem Gambling helpline 1800-6668 668 | ||||
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risktaker
Supreme |
01-Aug-2012 12:36
Yells: "Sometimes you think you know, but in fact you dont" |
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Imagine u have a group of close friends ..... Having some debt problems..... Friend A is - 10,000 per month,friend B is - 15000 per month and friend C is - 30000 per month. U already lend them 10000 each 1 month back .... Now ur saving left 50000..... And A,B,C come knocking at ur door for more mOney .... What will u do ?
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niuyear
Supreme |
01-Aug-2012 12:23
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Likely there is QE3, but, may be 10% increase in stock price only. QE1 - Stock prices HOOT UP 50%. QE2 - stock prices HOOT Up 30% QE3 - stock price may be hoot up only 10%? lets see......... hoot arhhhhhhhhhhhh!
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risktaker
Supreme |
01-Aug-2012 12:21
Yells: "Sometimes you think you know, but in fact you dont" |
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Fed will announced QE 3 in sept or the next meeting .....
ECB unlikely to have big action ..... The moment of truth ....... Will all be reveal tomorrow ........ |
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tedsokny
Senior |
01-Aug-2012 10:38
Yells: "Have a Angkor Beer!" |
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RT, i share same view as u (low chance to be wrong)....that's y i predict come friday mrkts down...i smell opportunities  |
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SGG_SGG
Master |
01-Aug-2012 10:38
Yells: "karma karma karma chameleon" |
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aiyahh they will always come up with something carrot radish potato. even Draghi whisper sweet nothings also market can chiong like his word are a miracle cure when nothing really being done physically. mind games. |
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risktaker
Supreme |
01-Aug-2012 10:34
Yells: "Sometimes you think you know, but in fact you dont" |
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Fed and ECB will disappoint the market ..... Beware ... | ||||
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