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STI to cross 3000 boosted by long-term investors

victortan
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27-Jan-2012 23:31

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Wow , you dont know what is penny?? and u say u short this and that, did u really do???

or just sound not action,

short innotek and Armstrong on Monday for big gain, thanks

JUNWEI9756 ( Date: 27-Jan-2012 23:19) Posted:

u mean penny will soar in feb ??

7 cents counter consider penny anot ah ??

victortan ( Date: 27-Jan-2012 23:17) Posted:

After big gain in Jan, feb will consolidate for big move in Mar and April. for big name,

but penny will soar.

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JUNWEI9756
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27-Jan-2012 23:21

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okok i shorted kep corp yesterday very heavily..

u think penny stocks will be affected ???

xing78 ( Date: 27-Jan-2012 23:20) Posted:

Also short the financials.

Dow should get a pretty decent pull back of around 1000 points from the current level.

Good Luck :p

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xing78
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27-Jan-2012 23:20

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Also short the financials.

Dow should get a pretty decent pull back of around 1000 points from the current level.

Good Luck :p

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JUNWEI9756
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27-Jan-2012 23:19

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u mean penny will soar in feb ??

7 cents counter consider penny anot ah ??

victortan ( Date: 27-Jan-2012 23:17) Posted:

After big gain in Jan, feb will consolidate for big move in Mar and April. for big name,

but penny will soar.

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JUNWEI9756
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27-Jan-2012 23:18

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wa sifu !! u short so many ah.. i short dow fat fat heavily if 3 digit red i hoseh and happy liao.. hahaha..

SGX counters u got any long positions left ?

xing78 ( Date: 27-Jan-2012 23:15) Posted:

Yes bro.

Short the DOW, Copper, Gold, Silver and Oil futures for a pull-back.

LOL

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victortan
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27-Jan-2012 23:17

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After big gain in Jan, feb will consolidate for big move in Mar and April. for big name,

but penny will soar.

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xing78
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27-Jan-2012 23:15

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Yes bro.

Short the DOW, Copper, Gold, Silver and Oil futures for a pull-back.

LOL

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JUNWEI9756
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27-Jan-2012 23:03

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short….

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victortan
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27-Jan-2012 22:49

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twist to penny fast, i have been shouting penny days ago.

cant u see they are boiling. Look at Armstrong and innotek, But i got not much here.

at first, i twisted, i little regret becos my Genting and so on still soar, but now in % term, it is more attractive and gaining.

just watch out for penny and jeep in .

New123 ( Date: 27-Jan-2012 22:24) Posted:

This is profit taking not a real correction. Tonight Dow will close 100+ Red. Mon u can see the real correction happen. Sti might be going down to 2850...

junction ( Date: 27-Jan-2012 20:26) Posted:

There were a couple of intraday corrections. It went yo-yo. You see that in a hot market.

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victortan
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27-Jan-2012 22:45

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I am expecting a 80 to 100 pts correction near term, but that will be for the main board.

Just observe penny , it will be penny days going forward.

so it does not matter much, blues are too high time to come down a little,

time for penny to catch up!!!

New123 ( Date: 27-Jan-2012 22:24) Posted:

This is profit taking not a real correction. Tonight Dow will close 100+ Red. Mon u can see the real correction happen. Sti might be going down to 2850...

junction ( Date: 27-Jan-2012 20:26) Posted:

There were a couple of intraday corrections. It went yo-yo. You see that in a hot market.

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tiancai007
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27-Jan-2012 22:38

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Isnt correction = profit taking?

New123 ( Date: 27-Jan-2012 22:24) Posted:

This is profit taking not a real correction. Tonight Dow will close 100+ Red. Mon u can see the real correction happen. Sti might be going down to 2850...

junction ( Date: 27-Jan-2012 20:26) Posted:

There were a couple of intraday corrections. It went yo-yo. You see that in a hot market.

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New123
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27-Jan-2012 22:24

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This is profit taking not a real correction. Tonight Dow will close 100+ Red. Mon u can see the real correction happen. Sti might be going down to 2850...

junction ( Date: 27-Jan-2012 20:26) Posted:

There were a couple of intraday corrections. It went yo-yo. You see that in a hot market.

New123 ( Date: 27-Jan-2012 17:06) Posted:

mkt hasn't bn corrected. Mon may see that happen..I don't think is healthy for the index to keep on going up ...

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victortan
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27-Jan-2012 22:24

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so long it is not major bad news, just watch out for pennies stock,

top 20 vol most of them would be penny , hope so.

penny turn, time for them to chase up.

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Sgshares
Elite

27-Jan-2012 22:08

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The U.S. economy grew 2.8% in the final three months of 2011, less than forecast.

Speaking at the World Economic Forum in Davos , Treasury Secretary Timothy Geithner said that Europe needed a bigger financial firewall.

Indications: U.S. stock futures decline in wake of GDP

U.S. stock futures erased earlier gains and were declining following the release of poorer-than-forecast U.S. economic growth.

Economic Report: Lending data points to euro-zone credit crunch

A steep slowdown in private lending and money-supply growth in the euro zone in December heralded the start of a long-feared credit crunch, economists say.
Economic Report: Europe’s credit crunch

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victortan
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27-Jan-2012 22:04

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Be prepare and alert, we never know, but look like down.

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tiancai007
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27-Jan-2012 21:58

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I guess the mkt will correct after all the big guns report their earnings. Usually during quarters earning report, mkt will rally if many of the coy beat expectations. Same for STI. Many blue chips will report in Feb. Till then, mkt will ding dong and even if correct also will be a mild. After all coy report, then u will see big correction...

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Sgshares
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27-Jan-2012 21:53

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2.8% ok but depending on whether they still want to ignore this below expectation and continue to push up the market or to take chance to correct the market down.

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victortan
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27-Jan-2012 21:45

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2.8% for a develop economy is quite good already.

ECONOMY PICKS UP SPEED

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victortan
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27-Jan-2012 21:37

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GDP 2.8% slightly below expectation, of 3%.

economic affairs chief Ollie Rehn who said a deal on reducing Greece's private sector debt is imminent and should be completed by the end of January at the latest.

so should be good , generally.

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Sgshares
Elite

27-Jan-2012 21:37

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Market Pulse Archives

Jan. 27, 2012, 8:30 a.m. EST

U.S. GDP grows 2.8% in fourth quarter

WASHINGTON (MarketWatch) - The U.S. economy grew 2.8% in the final three months of 2011, propelled by increases in consumer spending and business inventories, according to a preliminary government estimate. The increase in gross domestic product was the fastest in a year and a half. Economists surveyed by MarketWatch projected GDP would rise 3.0%. Inventory spending surged to an estimated $56 billion after a $2 billion decline in the third quarter, the Commerce Department reported. Consumer spending rose 2.0%, compared to 1.7% in the third quarter. Government spending fell at all levels. Exports climbed 4.7% while imports rose 4.4%. Real final sales, which exclude imports and inventories, rose just 0.8% after a 3.2% increase in the third quarter. Inflation as measured by the consumer PCE index rose 0.7%, but that was down sharply from a 2.3% increase in the third quarter. Excluding food and energy, the index rose 1.1% compared to 2.1% in the third quarter. Real disposable income edged up 0.8% in quarter and the personal savings rate fell to 3.7% from 3.9%.

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