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STI to cross 3000 boosted by long-term investors
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Isolator
Supreme |
12-Jul-2012 16:33
![]() Yells: "STI is hard landing to below 2000..." |
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Yes Towkay.... All-in.....
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JUNWEI9756
Supreme |
12-Jul-2012 16:28
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SHOWHAND... | ||||
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mosaic
Member |
12-Jul-2012 16:07
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I say today can all in. Show hand. Underwear can bet also bet. :D :D :D
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stevenlim109
Senior |
12-Jul-2012 15:06
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sifu iso still can long?help help
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Isolator
Supreme |
12-Jul-2012 14:13
![]() Yells: "STI is hard landing to below 2000..." |
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sifu, STI will close above 3000 today......
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yeeen123
Member |
12-Jul-2012 14:09
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I think this yr STI should fall below last yr's low...
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monk999
Master |
12-Jul-2012 14:04
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ill wait for 2925..dont want to short yet. | ||||
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monk999
Master |
12-Jul-2012 14:01
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sifu...looks like sti is still going lower..i close my long first and wait for a better price...lol. | ||||
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Isolator
Supreme |
12-Jul-2012 13:57
![]() Yells: "STI is hard landing to below 2000..." |
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Bull just taken lunch..... Now got energy to cheong already.... | ||||
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sanuks
Veteran |
12-Jul-2012 13:30
![]() Yells: "Dont jump on moving train, you will hurt yourself - JIM ROGE" |
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STI - 2980 | ||||
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sanuks
Veteran |
12-Jul-2012 13:24
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S'pore: Stocks lower at noon Singapore share prices fell by noon on Thursday with the Straits Times Index down 10.05 points to 2,979.26. Volume was 1.24 billion shares worth S$446.9 million. Losers outnumbered gainers 189 to 112. |
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sanuks
Veteran |
12-Jul-2012 13:14
![]() Yells: "Dont jump on moving train, you will hurt yourself - JIM ROGE" |
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Asian Stocks Fall for Sixth Day on Growth Concern Won Tumbles
By Richard Frost -
2012-07-12T04:34:20Z
Asian stocks fell for a sixth day as South Korea unexpectedly cut interest rates and Australia’s jobless rate rose, adding to concern the global economic slowdown is deepening. The won and the Australian dollar slid. The MSCI Asia Pacific Index (MXAP) dropped 1.2 percent as of 1:21 p.m. in Tokyo, heading for the longest losing streak in two months. The Nikkei 225 Stock Average retreated 1.3 percent. Futures on the Standard & Poor’s 500 Index declined 0.3 percent. The won touched a two-week low against the dollar, while the so- called Aussie sank 0.7 percent. The yen rallied against all 16 of its major peers after the Bank of Japan kept its benchmark interest rates unchanged. Australian employers unexpectedly cut payrolls in June while a report today may show manufacturing output in the euro region remained stagnant in May. Chinese companies from Cosco Shipping Co. to Dongfeng Automobile Co. are reporting slumping profit before the country releases economic data tomorrow. A few U.S. Federal Reserve policy makers said the central bank will probably need to take more action to boost the labor market, according to minutes of their meeting. “The global economy is deteriorating faster than central banks can ease policy,” said Tomomi Yamashita, a senior fund manager in Tokyo at Shinkin Asset Management Co., which oversees about $6.3 billion. “Your best bet is to hold on to cash.” Rate CutsGovernor Kim Choong Soo and his board at the central bank lowered the benchmark seven-day repurchase rate by 25 basis points to 3 percent, the first cut since February 2009, the central bank said today. Two of 16 economists surveyed by Bloomberg News predicted the move. Brazil cut its benchmark interest rate for an eighth straight time late yesterday. Japan’s central bank kept its benchmark interest rates between zero and 0.1 percent and monthly bond purchases at 1.8 trillion yen ($22.7 billion), the bank said in the statement today. Almost four stocks fell for each one that rose on MSCI’s Asian Pacific gauge, which is extending a five-day, 2.3 percent decline. Commodity producers and technology companies reliant on discretionary spending by consumers led losses. Infosys Ltd., India’s second-largest software exporter, tumbled 10 percent after cutting its dollar sales forecast. The Hang Seng China Enterprises Index (HSCEI) sank 1.9 percent, heading for its lowest close since October. China’s economy grew 7.7 percent in the three months through June from a year earlier, according to a Bloomberg poll. That compares with an 8.1 percent increase in the previous quarter. Australian JoblessThe won dropped 0.7 percent to 1,149.15 per dollar, while the Australian dollar slid 0.7 percent to $1.0180. The number of people employed fell by 27,000, almost erasing a revised 27,800 gain in May, Australia’s statistics bureau said in Sydney today. The jobless rate rose for a second month, to 5.2 percent from 5.1 percent. The yen rose 0.3 percent to 79.49 per dollar. The Bank of Japan increased its asset purchase program for a third time this year by 5 trillion yen to 45 trillion yen, while cutting the size of a credit loan facility by the same amount to 25 trillion yen. Industrial production in the euro area probably failed to grow in May after two months of decline, according to the median estimate of economists in a Bloomberg survey before the European Union’s statistics office publishes the data today. -- With assistance from Kana Nishizawa in Hong Kong. Editors: Shelley Smith, Alexander Kwiatkowski To contact the reporter on this story: Richard Frost in Hong Kong at rfrost4@bloomberg.net To contact the editor responsible for this story: Shelley Smith at ssmith118@bloomberg.net |
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sanuks
Veteran |
12-Jul-2012 13:10
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Singapore GDP Growth Probably Slowed as Europe Crisis Hurt Asia
By Karl Lester M. Yap and Sarina Yoo -
2012-07-12T00:45:05Z
Singapore’s economic growth probably slowed last quarter as the European debt crisis constrained exports while elevated inflation prompted the central bank to tighten policy. Gross domestic product rose an annualized 1 percent in the three months through June from the previous quarter, less than the 10 percent pace in the period through March, according to the median of 14 estimates in a Bloomberg News survey. The report is due tomorrow. Singapore may require a further moderation in its 5 percent inflation rate, the fastest in Southeast Asia after Vietnam, to give the island more scope to join a monetary stimulus drive stretching from Asia to Europe. The People’s Bank of China, the European Central Bank and the Bank of England are among those that eased policy this month to support growth as the turmoil in the euro area threatens the global economy. “A modest slowdown may be welcome by the authorities, but the key here is that it’s modest,” said Matt Hildebrandt, a Singapore-based economist at JPMorgan Chase & Co. “Weaker growth means less tight labor markets and that should help soften price pressures over time.” The Singapore dollar is the second-best performer among 11 most-traded Asian currencies tracked by Bloomberg, gaining about 2.6 percent against its U.S. counterpart this year. The island uses the exchange rate to manage inflation, saying in April it would allow faster gains to damp price pressures. ResilienceSingapore has shown a high degree of resilience to global financial shocks, despite the openness of its economy and dependence on global trade, Moody’s Investors Service said last month. Exports rose less than 4 percent in April and May from a year earlier, and contracted in May from the previous month. Retail sales rose at a slower pace in April as spending at department stores eased and vehicle purchases fell. Private home sales in May slumped 32 percent from a month ago to their lowest this year. The Monetary Authority of Singapore guides the local dollar against a basket of currencies within an undisclosed band and adjusts the pace of appreciation or depreciation by changing the slope, width and center of the band. The city-state added fewer jobs than initially estimated in the first quarter, and the seasonally adjusted unemployment rate for the three months through March rose to 2.1 percent from 2 percent the previous quarter, a report showed last month. Europe ImpactChina may also report weakening growth tomorrow, according to a separate Bloomberg News survey, putting pressure on Premier Wen Jiabao to further ease the government’s crackdown on the property industry. International Monetary Fund Managing Director Christine Lagarde said last week the lender’s new global growth forecast will be lower than the previous one. “Europe’s debt crisis is a global drag and growth numbers in Asia will continue to get hurt,” said Harvinder Sian, a London-based senior rates strategist and co-head of research for Europe at Royal Bank of Scotland Group Plc. It “opens up the opportunity” for more easing in the region, he said. Located at the southern end of the 600-mile (965-kilometer) Malacca Strait and home to one of the world’s busiest container ports, the city-state is vulnerable to fluctuations in overseas demand for manufactured goods, even as the government has boosted financial services and tourism to reduce reliance on exports. The economy probably expanded 2.3 percent from a year earlier in the second quarter, according to the median estimate of 18 economists surveyed by Bloomberg. To contact the reporter on this story: Karl Lester M. Yap at kyap5@bloomberg.net Sarina Yoo in Seoul at kyoo3@bloomberg.net |
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risktaker
Supreme |
12-Jul-2012 11:53
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I shall be so lucky lucky lucky lucky I shall be so lucky in stocks .... In my mine imagination STI will falls 2651 :) mighty bear will beat the crap out of the bull ..... U will see it coming soon...
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eurekaw
Master |
12-Jul-2012 11:34
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You good huh...going to turn up ...u going to huat soon.
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Isolator
Supreme |
12-Jul-2012 11:29
![]() Yells: "STI is hard landing to below 2000..." |
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I have entered 60% on long dow now...... The time has finally arrived for the real bull rally...... enjoy...
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SGG_SGG
Master |
12-Jul-2012 11:23
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look behind you, maybe ipunter is there.   ![]()
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Isolator
Supreme |
12-Jul-2012 11:18
![]() Yells: "STI is hard landing to below 2000..." |
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STI do not need to wait for tmr.... today will be above 3000...... I hope to see above 3035 today..... enjoy...
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monk999
Master |
12-Jul-2012 11:13
![]() Yells: "TA is an art!" |
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better stay sideline if your timeframe is longer...wait for deeper pullback...these days  very risky...need to fast in fast out. be patient for more favorable conditions. goodluck!
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stevenlim109
Senior |
12-Jul-2012 11:07
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from TA shows STI may test 3000 tomorrow or monday but other Sifu giving out warning for a pull back. really no idea what to do. where is master ipunter? i like his advice.
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