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STI to cross 3000 boosted by long-term investors
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Bon3260
Supreme |
05-Jan-2012 10:38
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Tiancai007, BBs r waiting Hangseng 2 give signals... If Hangseng can go up 400pts nxt wk. Means Huge Cow has stepped in2 Mkt liao... ('',)
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Isolator
Supreme |
05-Jan-2012 10:34
![]() Yells: "STI is hard landing to below 2000..." |
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Oh server got issue... post gone..... Just like the STI gone.... lol To me, it is juicy peak....
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tiancai007
Master |
05-Jan-2012 10:29
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Bon, any cash cow on the road today?? | ||||
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JUNWEI9756
Supreme |
05-Jan-2012 00:33
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Sifu, in that case.. you might want to wait for juicer peak to short before it heads down ? :P
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Isolator
Supreme |
05-Jan-2012 00:21
![]() Yells: "STI is hard landing to below 2000..." |
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Towkay.... Below 2400 will be in this qtr.... can be weeks....
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JUNWEI9756
Supreme |
05-Jan-2012 00:10
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Thanks sifu !!  Hope to see you around in this forum as long as possible !! Mid term meaning to say may - june period ? But no recession right ? 
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Isolator
Supreme |
04-Jan-2012 23:59
![]() Yells: "STI is hard landing to below 2000..." |
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Towkay.... MY VIEW ONLY....mid term STI will hit below 2400 to around 23xx and should  find some support for short rebound.... and longer run STI will be 2000.... When 2000 is hit.... then I will start to do long term investment (5yr term)  in phrase.... There is a possibility that STI may continue to go down further to break previuos low.... We must know this crisis  can be a long and painful one..... Sound scary.... Anyway, in TA.... direction can surprising change too.... That why always need to review in phrase....
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JUNWEI9756
Supreme |
04-Jan-2012 23:46
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Sifu..   I got a very curious question to ask you. When STI hits 2400.. Will you be ultra bullish ? If yes, then i'll close my trading account for now and open it when STI 2400 is hit. I'm actually selling off two of my condos in SG... Take cash… Left one for me to live in and one for my parents... Good ? LOL ! 
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Isolator
Supreme |
04-Jan-2012 23:42
![]() Yells: "STI is hard landing to below 2000..." |
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I will not bother to talk to those fools.... History repeat....  They will be gone soon.... Nothing change.... STI will go below 2400....  I will let the markets to prove me right in this few mths time.... And most important is how I make money from it.... Anyway, if they are good, they will post their takes before markets is in their direction..... Everyone can see.....    |
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JUNWEI9756
Supreme |
04-Jan-2012 23:29
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me too bored.. whats your say now ? long or short market ? make a call lah.. if you are wrong… dont disappear.. if you are right.. dont boast to the whole forum… easy…lol.. 
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monk999
Master |
04-Jan-2012 23:20
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closing hte rest of my euro shorts. time to sleep. profit enough for the night.  ![]()
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medivh
Elite |
04-Jan-2012 22:27
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Nice analysis there... (" ,) as I mentioned in my previous post, tomorrow will see some RED.. as some would like to see :)
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Bon3260
Supreme |
04-Jan-2012 22:04
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Hope I can still do it cming on 12-Dec-2012 12:12 ('',)
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monk999
Master |
04-Jan-2012 21:52
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Hi Bon3260. Sorry Im not cash rich. lol. Just a small fish. This is the reason why I am betting on downside. Price is still below 200 SMA so I am biased on shorts. The trend is your friend so if you see any potential resistance, give shorts a try. goodluck. lol  ![]()   ![]()
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Bon3260
Supreme |
04-Jan-2012 21:41
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Monk999, There r alot of pple like u cash rich waiting STI 2 b reached 1,600pts. By honestly, me too r waiting actually... But always bear in mind dat STI close 2,711.02 as  @ 04-Jan-2012 (Wed). STI 2 reach 2,400pts fm now there r 311.02pts 2 go... Unless there r sth like Japan 311, War  / Europe Zone crash... If not, STI 2,400pts cnt b reached... Unless DJ gives us sth like Leman's case like during yr 2008. ('',)
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monk999
Master |
04-Jan-2012 21:13
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im taking half profit from here and let the rest run. STI 2400.. come come come!  ![]()
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teeth53
Supreme |
04-Jan-2012 20:59
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http://finance.fortune.cnn.com/2012/01/04/european-credit-default-swaps-crisis/?iid=HP_LN Europe's ticking time bomb: Credit default swapsSome recently released European data, however, make a ballpark estimate possible. Exposure by six major American banks to CDS on Italian debt alone, for example, may be as high as $200 billion. Overall, U.S. banks may hold two-thirds of the total euro-debt CDS outstanding. Presumably, most big banks have learned the painful lessons of 2008 and no longer take either a long or short derivatives position but hedge their exposure, making their net risk close to zero. But the real concern is: How solid are the trading partners of the U.S. banks? Hot emerging markets for investors It turns out some of the largest sellers of protection are banks in Europe. French bank BNP Paribas has sold $4 billion in protection on French government debt, 12% of the global total. Similarly, Italy's Banca Monte dei Paschi di Siena has sold $3 billion worth of protection on Italian government debt.   |
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medivh
Elite |
04-Jan-2012 20:50
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ya.. the art of trading is to know when to exit! even if it means covering shorts to cut losses...LOL (,“)
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risktaker
Supreme |
04-Jan-2012 18:24
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Wah Market So Strong ... Isolator must be secretly buying :) |
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monk999
Master |
04-Jan-2012 18:20
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shorting euro now @ 1.3038. im expecting it to be red later. ![]()
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