Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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SGG_SGG
Master |
20-Jan-2012 13:06
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yes don't contribute to those banks/institutions by buying at high and shorting at low. they earn enough already. keep your money in their bank they give you miserable interest rates as well. lets see how high they will push this market till it is exhausted.
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Sgshares
Elite |
20-Jan-2012 13:01
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ya...that's why we must must be vigilant at all time, don't short  / buy in the wrong zone. Like now, is risker to long if your counter reaches overbought. Is still safer to short in overbought zone cos it's just a matter of time, it has to turn down. It may stay at overbought zone for a while but just be patient. Don't use all your bullets at one go. Likewise when sell down has already happened for a few days, is risker to start a new short. We should target to slowly buy up at low until such time when the bull run is ready.
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ILoveTehO
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20-Jan-2012 12:52
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Your points are valid ! I always think that market is evil and it is still evil.  Times like this , kill all shortists first , after shortists become longists and longists stay longists keep longing then bb suddenly turn everything down , leaving ppl trapped at higher levels... Have been like this and will continue to be...
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Sgshares
Elite |
20-Jan-2012 12:45
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not very sure about this counter....most of the counters now are overbought....except for those dead counters...about time for bull to take a rest...I've noticed those counters already being pushed up last week and early this week....they only dancing there and waiting for the lagged counters to come to the level.
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SGG_SGG
Master |
20-Jan-2012 12:40
![]() Yells: "karma karma karma chameleon" |
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good point, thank you for sharing. btw, i noticed quite a no of counters getting  married. even golden agri lately quite often married 50lots for such a small counter! any indication of whats going on when there are more than usual marriages? i feel like fishy leh
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Sgshares
Elite |
20-Jan-2012 12:34
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Those lagged counters which didnt move since last week were being pushed up these 2-3 days.....so that most of the counters are in the overbought zone...then market qualified to turn down. Otherwise, if they allow the downturn starts too early, counter like Noble can really ended up less than a $1, if the downturn starts ard $1.16 and below.
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hongche
Senior |
20-Jan-2012 12:27
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Buy STI above 2834.10, at this point Index seems bullish if it will cross the major resistance of   2833. for more updates check here -  goo.gl/usPCV | ||||
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SGG_SGG
Master |
20-Jan-2012 12:22
![]() Yells: "karma karma karma chameleon" |
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yes agree although some fewer years have been an exception. i think one such year was quite recent 2008 or something but then market came down into the CNY that year.. this is only a rough barometer coz if we have entered a BULL market then.... my noob eyes look at components in HSI, quite a few are at a high, not that it cannot go higher if BULL market but my noob brain says it still needs to breathe for a healthy climb.
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Gaecia
Elite |
20-Jan-2012 12:21
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I think...this rally is  looking more & more ridiculous. Later part 2 will  lead everyone on Hyper Huating mode... |
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Sgshares
Elite |
20-Jan-2012 12:17
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then after the next dumping....they will slowly push it higher than now for the next season reporting...after the reporting down down down
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Sgshares
Elite |
20-Jan-2012 12:13
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Most of the time after cny, the market starts to turn down again...u check the past history.... For this time, we see the same thing again now. Market being pushed high like now then later dumped hard.
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SGG_SGG
Master |
20-Jan-2012 12:12
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when market goes up they will quote " already priced in" when market goes down good results also " already priced in" ![]()
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Sgshares
Elite |
20-Jan-2012 12:10
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May all good wishes be with you for year 2012... huat arh!!!
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Sgshares
Elite |
20-Jan-2012 12:08
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HONG KONG (MarketWatch) — Preliminary results from HSBC’s China
manufacturing survey showed little improvement in January, with weakness
in output and new orders suggesting a deepening slowdown ahead, setting
the stage for further monetary policy easing.
Exclusive interview with Japan's trade and industry ministerIn an exclusive interview, Japanese Trade and Industry Minister Yukio Edano discusses the fate of the country's idle nuclear reactors. The survey’s final result is due out Feb. 1. Societe Generale economist Wei Yao, who warned earlier in the week of “shockwaves” to hit the Chinese economy amid an unfolding correction in housing market, viewed the preliminary PMI as among the more positive data points among recent releases. “It means that the manufacturing sector is still in contraction, but the pace of contraction is stabilizing,” Yao said. The PMI’s forward-looking indicators on output and new orders were mostly negative, in contrast to official Chinese government data released earlier this week showing an uptick in industrial-production growth in December. See report on official Chinese data for December. “The ongoing slowdown of investment and exports implies more headwinds to growth and likely de-stocking pressures for manufacturers in the coming months,” Qu said. Among the PMI subcomponents, readings for manufacturing output showed conditions were contracting at an accelerating pace, while new orders were contracting at a slower clip. New export orders were among the few bright spots, with conditions expanding, changing direction from contraction indicated last month. Hong Kong’s Hang Seng Index HK:HSI +0.20% , which had opened more than 1% higher, saw gains fade after the data, with the index narrowly in positive territory, rising 0.1%, in its final day of trade ahead of an extended Chinese New Year holiday break. Chris Oliver is MarketWatch's Asia bureau chief, based in Hong Kong. |
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SGG_SGG
Master |
20-Jan-2012 12:02
![]() Yells: "karma karma karma chameleon" |
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volume in the US has been extremely low and they keep trading higher. I supposed it's easier to push higher with low volume. volume has come into Asia instead i think till they are done with the feasting. just guess guess. stock market is a money making biz for big boys. they know when to leave you high and dry. Gong Xi Fa Cai Sgshares and everyone here on SJ. huat aaaaaaaaaaaahh! |
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louis001
Master |
20-Jan-2012 11:56
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they do it all the time, up and down, day in day out, everyday.......no need sky high... ![]() |
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Sgshares
Elite |
20-Jan-2012 11:55
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In the afternoon, most likely many will out positions before the long weekends. Happy New Year.
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SGG_SGG
Master |
20-Jan-2012 11:52
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right hand to left hand, left hand to right hand, till prices sky high and then they distribute to the public?  ![]() |
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wangerism
Veteran |
20-Jan-2012 11:27
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HSI n STI defy gravity... ignore all the ss n doji! cheong arhh!   |
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Sgshares
Elite |
20-Jan-2012 11:00
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China December flash PMI 48.8, shows contractionHONG KONG (MarketWatch) -- Chinese manufacturing activity failed to grow in January, although the sector's contraction eased slightly, according to the initial findings of a closely watched survey released Friday by HSBC. The so-called flash China manufacturing Purchasing Managers' Index for January came in at 48.8, up from a final reading of 48.7 last month. The flash PMI reading however represented a three-month high, HSBC said. " Despite the upside surprise of industrial production growth in December, the ongoing slowdown of investment and exports implies more headwinds to growth and likely destocking pressures for manufacturers in the coming months. We expect more policy easing to stabilize growth," said Hongbin Qu, chief economist for China at HSBC. Hong Kong's Hang Seng Index HK:HSI -0.08% , which had opened more than 1% higher, saw gains fade after the data, with the index briefly turning flat. |
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