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STI to cross 3000 boosted by long-term investors
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teeth53
Supreme |
17-Jun-2012 11:35
![]() Yells: "don't learn through life, learn to grow with life " |
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http://www.forbes.com/sites/afontevecchia/2012/06/14/central-banks-ready-to-offer-liquidity-bailout-for-euro-banks-reports-say/ Thursday, fueling an impressive stock rally during the last hour of trade.  Reports surfaced that major central banks stand ready to provide emergency liquidity to stabilize financial markets if the outcome of Sunday’s Greek national election causes “tumultuous trading.” News from G-20 officials, gathered in Los Cabos, Mexico for their latest summit.  Country leaders and their finance ministers will be closely watching the outcome of the Greek elections, which could possibly thrown global markets into disarray if Alexis Tsipras of the far-left Syriza Party pulls off a victory. To avert a possible liquidity crunch, central banks stand ready to inject emergency liquidity, several G-20 officials confirmed to Reuters. Federal Reserve already has swap lines in place with major central banks in order to provide emergency U.S. dollar liquidity at cheaper rates.  Last Sept, Fed, ECB, and the central banks of England, Japan, and Switzerland, agreed to offer unlimited dollar liquidity to banks by broadening the scope of funding opportunities.  |
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teeth53
Supreme |
17-Jun-2012 11:24
![]() Yells: "don't learn through life, learn to grow with life " |
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http://www.forbes.com/sites/steveschaefer/2012/06/15/stocks-shine-through-cloud-of-greek-election/ hand-wringing over what may come out of Greece’s Sunday election, the market appears to be convinced that the result will either keep Europe’s status quo intact or prove so threatening that another flood of central bank liquidity will buoy stocks. Equities turned sharply higher Thursday afternoon on a reports that central bankers including the Federal Reserve and ECB stand ready to provide another liquidity cushion for the market if the Greek result produces market turmoil and the rally continued Friday. (Assuming) apparent optimism that Greece’s anti-austerity candidate will not prevail, and the confidence that central banks will step in if he does, gave the rally legs and fed squarely into the financial sector.    |
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teeth53
Supreme |
17-Jun-2012 11:14
![]() Yells: "don't learn through life, learn to grow with life " |
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Hi Gav and all - just sharing my own opinion. Greek Jun-17 election, just come after last May, will not hav  any  one  parties having a majority  to form a govt. That left only two option. New Democracy party may collect 27%, while leftist party may get 25%, there is a rule in Greece electoral law awarding to the leading party, an automatic bonus of 50 parliamentary seats. The margin is within the error, so the outcome remains unpredictable. teeth53 thot: In a worst case scenario. Leftist party win more seats  then New Democrary. Leftist -  Syriza  party chief hav giving himself 10days to negotiate with Euro Union  from scratch. He, Mr  Alexis  Tsipras  37,  promises he will tear off the old debt austerity and renegotiate again. Greece had spend inself into fifth year of recession. Alexis Tsipras has took on the gamble, that Euro  Union will not want to hav Greek exit from Euro. The Greek voters is very frustrated, it also took on more with it decades of cronyism and  at  every level of corruption, plus endless bickering for vote by politicians. While Germany and French had oredit given advance warning that Greece must respect its international commitments or risk leaving the Euro club. Greece in /  out??. Either way, world leaders is selling the idea, this is Euro problem  - no doubt it won't go away overnite. The others  trading partners will hav to move on. An indication in G20 it willingness to commit to beef up it banking system, in case Greece fall out.    A  result that stocks world wide had on Last Friday goes +ve green. FYI:  I  don do shorting. http://www.forbes.com/sites/afontevecchia/2012/06/15/whats-at-stake-in-sundays-greek-election/ Sunday, Greece will hold general elections, a choice for the Greek people between embracing structural reforms to remain within the European Union, or to reject “barbarous” austerity and reinstate the drachma.  The risks of the latter are “incalculable” and “potentially enormous,” according to Barclays, which suggests contagion could wreck true havoc throughout the EU and beyond.   |
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monk999
Master |
17-Jun-2012 09:59
![]() Yells: "TA is an art!" |
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Happy Fathers day to all dads out there! :) | ||||
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gavinl
Elite |
17-Jun-2012 08:07
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Hi Sifu Teeth53, from your postings the last 2 days, am I right to say that you dont have good views for the election later? Did you go short?
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hlfoo2010
Veteran |
16-Jun-2012 21:20
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CYber world with internet banking, $$$$$$$$$$ transfer or fled matter of seconds, withdraw of $$$$$$$$$ also in seconds. Banks in second can run empty or flood of $$$$$$$$$$. Stock market also unpredictable. Today dont know the greece young or people  are concern the election or the euro cup  match??????? |
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CrazGreed
Senior |
16-Jun-2012 21:08
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Aiyo, rocket launching is not relevant to stock market at all. Better spend money to boost Chinese economy, repairing the black hole in those local government. Nothing to be proud of. I am sorry to say this
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teeth53
Supreme |
16-Jun-2012 20:49
![]() Yells: "don't learn through life, learn to grow with life " |
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teeth53
Supreme |
16-Jun-2012 19:40
![]() Yells: "don't learn through life, learn to grow with life " |
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On Greece undeciding effort to stay or to get out???. " Syriza, the radical left-wing party, came in 2nd in last election as voters skewed toward politicians who oppose more austerity." " Syriza's leader, Alexis Tsipras, has threatened to renege on the terms of Greece's bailout, but he has also expressed a desire to remain in the euro currency union." teeth53 thot: Think?, it will drag Euro into week, after week of uncertainty...G20 world leaders is selling the idea to detach from Euro/Greece and PIIGS problem. See - World stocks rise on plans for central bank support
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teeth53
Supreme |
16-Jun-2012 19:22
![]() Yells: "don't learn through life, learn to grow with life " |
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In a worst case scenario analysis, MAS has S$150 billion on standby. While G20 got more then this amount. http://app.mof.gov.sg/reserves.aspx The guarantee will be backed by S$150 billion of the reserves of the Singapore Govt. May 24, 2012 ... Our reserves are a critical resource for Singapore's future....
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CrazGreed
Senior |
16-Jun-2012 19:14
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there is a chance that DOW will no longer stay relevant with things going on in EURO,,, that would be interesting :) | ||||
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hlfoo2010
Veteran |
16-Jun-2012 19:00
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Officially reported SUCCessfully in the orbit as planned
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hlfoo2010
Veteran |
16-Jun-2012 18:52
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Fairing opens. ground engineers clapping hand. 
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hlfoo2010
Veteran |
16-Jun-2012 18:48
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carrier rocket separated . so far all in order
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hlfoo2010
Veteran |
16-Jun-2012 18:43
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Activated, up and rocket separated succeed. so far all in ordweed
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hlfoo2010
Veteran |
16-Jun-2012 18:14
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神 九 今 升 空 今 晚 6时 37分 , 中 国 神 州 九 号 飞 船 将 发 射 , 它 将 执 行 与 天 宫 一 号 首 个 载 人 交 会 对 接 任 务 。 如 果 一 切 顺 利 及 对 接 成 功 , 将 意 味 着 中 国 的 载 人 航 天 事 业 迈 入 全 新 阶 段 , 具 备 了 未 来 在 太 空 建 立 空 间 站 的 前 提 条 件 。 。 GOOD LUCK |
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iPunter
Supreme |
16-Jun-2012 17:25
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Stocks is only good for betting... If one rushes in to play because stocks are sooting up,           later is sure kena lose a lot of money, guarantee.                 As usual... in stocks, " mo sng-sng" (jangan main-main dengan saham)... ![]() |
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AK_Francis
Supreme |
16-Jun-2012 15:39
![]() Yells: "Happy go lucky, cheers." |
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Heart atack, plus last two decimal digits, I left 3 only, pai seh loh. Go for late lunch n  Carlsberg. Changed kopitiam liao, as former one, frd,old folk,  kana wacked telok telok owing to young foreign female attendant n admirers around. Sad ah!!! |
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iPunter
Supreme |
16-Jun-2012 14:35
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Sifu is honest and frank... I like...     In trading psychology, it is known as " no ego" ,           or " no inner need to prove one is right" ...                   That's very good... Way to go... I also respect it...  ![]()
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New123
Elite |
16-Jun-2012 13:16
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Wah! U play so big . Mon may either gap up or down. nobody knows. Let the mkt show us.
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