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STI to cross 3000 boosted by long-term investors
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victortan
Master |
11-Dec-2011 17:41
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If mkt is really so bad for now, we shd be below 11000, but we are back abv 12000 again, this is a bullish sign.  i think time to long till Jan , this is not an advice to buy or invitation to trade. It is just for sharing. p.s. i bought 2 to3 week back for short term gain, still in the black. cut 2 counter due to stop limit trigger.  |
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3SGreen
Member |
11-Dec-2011 10:59
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  Weekly Technical Update - The STI   By Market Wizards   By the way, I am not Market Wizards, I am just a follower of his blog. |
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teeth53
Supreme |
11-Dec-2011 10:38
![]() Yells: "don't learn through life, learn to grow with life " |
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http://www.bloomberg.com/news/2011-11-10/china-s-exports-rise-at-slower-pace-as-europe-debt-crisis-clouds-outlook.html Asia Slowdown and Italy Slump China’s exports rose at a slower pace in October as Europe’s sovereign-debt crisis threatens Italy and worsens the outlook for global growth. Europe’s malaise is taking its toll on other Asian economies. South Korea’s exports may ease further in the fourth quarter, according to the Ministry of Knowledge Economy. Slowing down in overseas sales oso  contributed to the smallest quarterly growth in Taiwan’s in d last  2 years. Premier Wen Jiabao said last month the government will fine-tune economic policies as needed to sustain growth although he pledged to maintain curbs on real estate. Italy’s 10-yr bond yield to close at euro-era high of 7.25%, escalating the region’s crisis after the promised exit of Primee Silvio Berlusconi failed to convince, his country can slash Euro second-largest debt burden. IMF Seeks Funds for European Debt Crisis |
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teeth53
Supreme |
11-Dec-2011 08:57
![]() Yells: "don't learn through life, learn to grow with life " |
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http://sg.finance.yahoo.com/news/Corporate-warnings-bode-ill-rb-3935555801.html?x=0 Sat 10 Dec, 2011 by  Caroline Valetkevitch. Corporate warnings bode ill for earnings
NEW YORK (Reuters) - On top of euro zone debt troubles, Wall Street now has to worry about sagging sales from Europe as a recession in the region seems more likely. Warnings from companies such as chemical maker DuPont (NYSE:DD - News) and chip maker Texas Instruments (NYSE:TXN - News) suggest the crisis may already be taking its toll on corporate America. " We are now beginning to see the collateral damage of the events in Europe with the earnings guidance cuts," wrote Peter Boockvar, equity strategist at Miller Tabak & Co. in New York. Growth estimates  by Standard & Poor's 4th - and 1st-Q earnings  on 500 companies have come down sharply since July, underscoring worries about the outlook for companies. Earnings are now expected to increase 10.1% for the 4th Q, down from a growth estimate of 15% at the start of Oct and from an estimate of 17.6% in July, according to Thomson Reuters data. The data also showed that negative preannouncements by companies are outpacing positive ones by the biggest ratio since the second quarter of 2001. Stocks mostly brushed off the bearish news on earnings, focusing instead on Europe after nearly all European Union leaders agreed to build a closer fiscal union to battle the sovereign debt crisis. But the market for months has struggled with the news from Euro, featuring the lack of resolution to the debt crisis, causing high uncertainty for investors. " European policymakers' inability to placate investor fears has business decision-makers hesitant to give positive light to the coming months." Wall St rebounds after EU deal, but more stress seen Maybank Says Will Not Buy MF Global Asia S'pore braces for sharply lower economic growth Stocks tend to be most volatile around earnings season, when a good or bad report can make or break it. Good or even great earnings report doesn't necessarily translate into a huge pop for a stock. Banks and properties counters will continue to see a more volatile and -ve  response after it slew of measures to cool the property market failed to dampen earlier moves on properties market price rises. " The government will continue to monitor the property market and adjust our property policies in step with changes in the market and the economy."   |
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victortan
Master |
10-Dec-2011 23:48
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I think commodities related counter to gain more in this rally. this is no an advice or an invitation to trade. Is it for sharing. | ||||
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victortan
Master |
10-Dec-2011 23:46
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From Hillary Krammer     That’s not something you will hear me say very often.  But we’re seeing some dramatic changes in this market that signal we’re at the beginning of a rally that I expect to steamroll into 2012 and take us all the way to Dow 13,000. Here are 9 reasons why the market is ready to run… 1.  After months of ineffective half-measures and baby steps, we finally have serious progress on the European debt crisis. Last week, central banks from the U.S., European, Japan, the United Kingdom, Switzerland and Canada surprised the market with a united move to make more dollars available more cheaply to banks facing a credit crunch thanks to the ongoing European sovereign debt crisis. This bold, decisive move is a clear signal to the world that they will do whatever it takes to deal with the crisis and stop it from turning into a global contagion. 2. Consumers are back.  A record-breaking Black Friday weekend left no doubt. Consumers spent $52.4 billion, up 16% from last year. With the U.S. savings rate dropping to its lowest since 2007 as consumers continue to open up their wallets, all signs point to continued spending growth in 2012. 3. Positive signs in the jobs market.  Today’s numbers show the job market is firming up. Private sector payrolls surged, adding 206,000 jobs in November—much higher than expected. That’s on the heels of other positive signs like the lowest jobless claims in 7 months and the highest number of posted job openings in three years. Believe me, I’m not wearing any rose-colored glasses here—high unemployment will remain a stubborn problem in 2012. BUT, employment is always one of the last areas to recover after a recession. 4. The double dip is dead—let it rest in peace. We’ve now had nine consecutive quarters of GDP growth. Growth might be anemic, but it is steady, consistent growth. Business activity expanded at the fastest rate in seven months according to the latest ISM (Institute for Supply Management-Chicago) numbers. A very solid third-quarter earnings season also puts fears about weak corporate earnings to rest. 90% of all companies met or beat expectations. Those folks who continued to wait on the sidelines for the other shoe to drop missed out on last year’s market run, and will miss out again on the gains ahead. Don’t be one of them! 5.  Window dressing is here.  The Macy’s store windows aren’t the only ones getting a makeover for the holidays. Many mutual funds and brokers have had a simply terrible year. They now have just a few weeks left for end of the year “window dressing”—moves made specifically to beef up their performance for the year. 6. Inflation is falling.  Heating oil is down 6%, gas is down 2.4% and food prices, after a vicious 5% jump over the last year, are stabilizing. Less money spent on food, gas and energy equals more money to spend other ways. That’s part of the reason why… 7. The Treasury rally is over.  The billions of dollars that flocked to Treasuries during the last two years will have to go somewhere as investors look to redeploy that cash… and that will be good for the market over the next 3 months. 8. Private equity tsunami ahead.  Private equity firms like BlackRock, Apollo and KKR are sitting on almost one TRILLION dollars of unspent capital. $204 billion of that money is sitting in funds that will need to invest the money in the year ahead or ask clients for an extension (something they don’t like to do). The billions that pour into the market in the coming months will give stocks another big shot of adrenaline. We’ve already seen a steady drumbeat of merger and acquisition activity from cash-rich corporations. Now the private equity money is about to flow as well. 9. It’s an election year.  Since 1948, markets have gained every single year in which a sitting President was running for re-election. In the 14 elections since 1928 that involved a sitting President, the S& P 500 has jumped an average of 14.6%. YOU ARE RUNNING OUT OF TIME to get yourself positioned to profit from the coming year-end rally that will continue into 2012. But just in case you’re still not convinced, let me remind you what happened one year ago… Did You Miss Last Year’s 30% Rally? This time last year, with the Dow hovering right around 11,000, I sent you an email similar to this, urging you to get on board for the big rally ahead. I hate to say I told you so, but the market soared to almost 13,000 in the months after I sent you that Alert. Now, if you talk with most investors, they will tell you that 2011 was another terrible year for stocks. But talk to  GameChanger  subscribers, and you’ll hear a  much  different story. The thousands of people who joined me this time last year will tell you about a banner investing year in which they locked in 15 double-digit winners in the last 12 months. They will tell you how it feels to rack up astounding gains every single month of the year no matter whether the market is going up, down or sideways. Which group will you be in this time next year? Don’t Miss Out Again |
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lowchia
Veteran |
10-Dec-2011 19:30
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In last week, STI lost 78 points from the opening of 2773 and close lower at 2695. A black candle sticks with little upper/lower shadow indicates that investors have no qualms in selling the stocks lower. Key Economics Data report: In last week, investors are pleased that most of the European Union’s 27 leaders agreed to a framework for a closer fiscal union that would allow for a central budget authority and sanctions if budgets aren’t balanced. Britain, not a member of the smaller group of euro zone countries, refused to support the plan, but all of the countries using the euro are expected to proceed. Technical Analysis on STI STI index has re-test the resistance at 2679 in the past 2 weeks and closed only slightly above this critical level. 1)  In weekly chart, a black candle sticks with little upper/lower shadow affirms that investors are selling their stocks for safety. 2)  The weekly trading volume falls further on holiday seasons. 3)  MACD and RSI indicators are flat as RSI trend sideways. 4) STI is currently supported by the critical support at 2679 5) The resistance at 2820 is expected to be very strong and likely to causes problem to the bulls. Important resistance of STI: 2778 (Daily charts) Immediate Support of STI: 2679 (Daily charts) MY tactics:  READ MORE     |
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bishan22
Elite |
10-Dec-2011 14:26
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Friday Dow looks stable with no panic buying or selling. Looks like next week may have some recovery from beaten down STI and HSI.Good luck.
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iPunter
Supreme |
10-Dec-2011 14:14
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This is what the new 'freakonomics" is about...           And stock bettors never had it so good... lol...  ![]() |
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New123
Elite |
10-Dec-2011 13:50
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The mkt really surprise us with a Big turnout in Green. Mon will bring cheers to those who Long and shortlister will hv to cover back.. Mkt is in a stage of dilemma..All driven by news/anticipation  No direction at the moment. Very risky to trade up or down.. May be Mon may give u the opportunity to make some quick profit..But must always put a stop loss plan in advance..
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JustinQuek
Veteran |
10-Dec-2011 12:45
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Dont short for the far Future,only do so for the moment : ) When its a bull next monday dont short on friday.When its a bear next tuesday sell shares on monday.   Your timeframe not accurate enough.
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ILoveTehO
Member |
10-Dec-2011 12:35
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hello sifus , possible for more bad news to come out ... s& p is conducting some rating for the EU after the summit , don't know if it will mass downgrade all of them or not...  http://www.channelnewsasia.com/stories/afp_world_business/view/1170504/1/.html  |
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victortan
Master |
10-Dec-2011 12:30
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My take is that late Jan will be the last chance to get out and go short. cause that will be the reporting for GDP for last Q 2011, which might be in recession, if not then the next 2 Q according to ECRI ( ECRI confirm their forcast ,that a recession will be in for the next 3 Q)   http://www.businesscycle.com/ bookmark this site, it is very useful, shd have listen when they said a slowdown will come, true enough we are in one and will be follow by recession. Imagine if you have heal their advice and sell in May, for those who long, will be a great relief today.  For those who trade like i did, no worry, we ride the rally and then short big time come Jan. BTW, anyone can share it is true the GDP for US for last Q 2011will generally be report in Late Jan??? i read abt it. if a recession come, px got more to come down, sell first, and then buy back cheaper later, better than you stay and go down and up,and get nothing. remember you are no losing. or cut lose you are taking advantage of the down trend to cover back your losses faster by buying more and cheaper later or to profit even more if you have profit.  this is neither an advice or invitation to trade   , it is just for general sharing. personnelly do not long, but hold stock for short term gain, trading, do have stop for just in case, there are not sure thing on earth. otherwise, i won't be here.  |
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aleoleo
Master |
10-Dec-2011 12:27
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big rally on Monday ??? will this happen ? any more bad news will be out today tomorrow ??? French got 3 banks get downgraded by Moody ...   |
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xing78
Elite |
10-Dec-2011 11:45
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Next Monday could be the last chance to exit your long when STI retrace back up to fill the window gap.  Good Luck :p
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Sgshares
Elite |
10-Dec-2011 10:57
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Wow, looks like STI going to have gap up again on monday and continue the rally... | ||||
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medivh
Elite |
10-Dec-2011 10:53
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The first and greatest victory is to conquer yourself to be conquered by
yourself is of all things most shameful and vile.  ~Plato
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medivh
Elite |
10-Dec-2011 10:50
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Those who shorted on Friday, following a certain Sifu's advice, please do the favour of returning your charitable monies..     LOL  (" ,) |
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aleoleo
Master |
10-Dec-2011 10:39
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There wasn't any concrete solution provided, it just a signed agreement .... the deal lacked bold strokes investors have been urging and it could be insufficient to halt the region's debt crisis. the deal lacked bold strokes investors have been urging and it could be insufficient to halt the region's debt crisis. " The summit was the first step toward fiscal integration, which is a problem we need to solve, but it will be a long, drawn-out process," said Mohit Kumar, head of European rates strategy at Deutsche Bank in London. It's unclear how quickly the pact could actually go into effect. In the best case, Friday's outcome presages months of continued wrangling.       |
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iPunter
Supreme |
10-Dec-2011 08:54
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The world may not be ending in 2012... at least not yet...     But it has definitely entered a new disruptive phase, as we             can see by events and happenings all around the world...                       And predictable 'business cycles' as we know it may                                 be no more the norm... ![]()
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