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STI to cross 3000 boosted by long-term investors
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Isolator
Supreme |
05-Dec-2011 16:01
![]() Yells: "STI is hard landing to below 2000..." |
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Again... when run will see him posted... never changed... if drop, will disappear... lol | ||||
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risktaker
Supreme |
05-Dec-2011 16:00
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hi Shorters :)
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smallisland
Member |
05-Dec-2011 15:42
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I think Stock market will be in bullish next near
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zllz78
Member |
05-Dec-2011 15:22
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Once again everything just shoot up. | ||||
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risktaker
Supreme |
05-Dec-2011 15:13
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Penny stock went up today ? so u guys huat ? CPL, GLP, NOBLE will be supported--- Do NOT SHORT - Final Warning Today & Tomorrow is a good day to accumulate some big cap We are looking @ U19, F34, G13, BS6 and A1J   |
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Sgshares
Elite |
05-Dec-2011 14:32
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EUROPEAN OUTLOOK & US/ASIAN SUMMARIES: ======== Asian stock markets were mixed Monday as investors remained cautious ahead of a series of key meetings in Europe later in the week. News that Italian Prime Minister Mario Monti's cabinet late Sunday approved a law aimed at making sure Italy eliminates its budget deficit by 2013, as well as a stronger-than expected monthly U.S. jobs report Friday, cheered some markets. But caution ahead of a Franco-German summit in Paris Monday, a key two-day European Union summit starting Thursday and the European Central Bank's policy meeting on Thursday kept some investors at bay. " Debt fears on both sides of the Atlantic [are] key in [any] mounting loss of faith in economic, and hence demand, prospects," Barclays Capital strategists added. Germany's chancellor Angela Merkel and France's president Nicolas Sarkozy are to announce proposed changes to the European Union treaty, in a move to strengthen fiscal integration in the EU. Sarkozy has expressed confidence that the ECB would take extra action in a new climate of budget discipline, and said he would meet Merkel on Monday to agree upon and announce a joint plan to take to the EU summit on Dec. 8 and 9. European Central Bank's rates announcement on Thursday is expected to bring a 25 basis point cut of the policy rate to 1%. " (The) worse the economic outlook becomes, the more likely it is the ECB will have to take more aggressive steps to deal with a compromised monetary transmission mechanism and the growing downside risks to price stability," said Deutsche Bank. The European Central Bank is preparing a 1 trillion euro cash infusion scheme for the eurozone ahead of a series of crisis summits this week, according to The Sunday Times. On Thursday, European leaders are due to meet at the two-day EU leaders summit in Brussels, where markets are hoping for more progress on European fiscal integration plans. Cautious investors may try to nudge stocks higher Monday but the move will lack much support. Bunds and gilts may start mixed as sidelined investors await euro-zone news. The euro and spot gold are slightly lower, with oil futures higher. STOCKS: ====== Investors remain exceedingly careful with large exposures but may dabble a bit to test the upside of markets Monday. For Monday's opening, Cantor Index is calling the FTSE up 3 at 5555, the DAX up 14 at 6094, and the CAC up 10 at 3175. " The eurozone crisis continues to be the financial markets' main focus and they remain expectant that the EU summit will deliver plans to resolve the sovereign debt and banking problems," said VTB Capital analyst Neil MacKinnon. However, he cautioned: " As has been the case many times before, EU policymakers have a reputation for ramping up market expectations before then failing to deliver." ING noted, " Euro-zone leaders will need to come up with a credible package that finally combines a loaded bazooka for short-term problems and a quantum leap for economic governance to tackle fundamental issues." U.S. stock futures are higher Monday, after markets finished barely changed in Friday's session, capping a strong week after the U.S. unemployment rate unexpectedly dropped and European leaders and central bankers redoubled efforts to tackle the sovereign-debt crisis Even though major indexes were little changed, more stocks rose than fell on Friday. On the New York Stock Exchange, gainers outnumbered losers by a mix of about three to two. Among Nasdaq-listed issues, winners were ahead by a ratio of five to three. " I think it's natural to have a bit of hesitation here. Who knows exactly what another weekend could bring out of Europe," said Brian Lazorishak, portfolio manager and quantitative analyst at Chase Investment Counsel. " You have to put it down as an extremely strong week." |
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Sgshares
Elite |
05-Dec-2011 14:30
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EUROPEAN MORNING BRIEFING: Shares Seen Testing Higher Eurozone Eyed SNAPSHOT: ======== European bourses seen nudging higher, core government debt mixed euro, spot gold slightly lower oil futures higher -ECB Prepares 1 Trillion Euro Rescue Plan -Italy's EUR20B Extra Budget Bill Taps Wealth, Helps Banks -Germany May Shift View On ESM Bond Holders -Germany Ready For Commerzbank Nationalization - Report -Putin Party Polls 49.98% With Nearly 75% Of Vote Counted -Moody's: Central Bank Action Also Doesn't Solve Growing Maturity Mismatches Watch for (GMT): 0855 GER Nov Services PMI 0900 EU Nov Eurozone Services PMI 1000 EU Oct Retail trade 1500 US Nov ISM Non-Manufacturing Report 1500 US Oct Manufacturers' Shipments, Inventories & Orders |
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SGG_SGG
Master |
05-Dec-2011 14:23
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HSI and STI like got plunge protection exercise. looks well suppported. | ||||
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Sgshares
Elite |
05-Dec-2011 14:09
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Today’s Focus - DBS • STI prolongs c. 2500-3000 range bound movement. We see the STI prolonging its recent range bound movement from c.2500-3000 for another 2 months at least. Within this range, it is even likely that the index not re-test 2500 in the immediate future but stay at/above the 2700-2730 immediate support and work out an upside bias towards 3000 but not exceeding it, with resistances along the way around 2785 and 2885. |
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tiancai007
Master |
05-Dec-2011 13:56
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Dow jones future is still green.  | ||||
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Isolator
Supreme |
05-Dec-2011 13:56
![]() Yells: "STI is hard landing to below 2000..." |
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Markets will not recover..... Last Fri,  Dow has already signal it has cap.... time for selling.... lol | ||||
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belgeran
Veteran |
05-Dec-2011 13:52
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take small position if worried, the confirmation will likely come next monday, after all the meetings on thurs and fri. if not.. just watch first |
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zllz78
Member |
05-Dec-2011 13:33
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hi isolator, STI will be down but what are ur opinions on DJ and europe? Both have recovered very quickly from selldowns in Oct and Nov. | ||||
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Isolator
Supreme |
05-Dec-2011 13:27
![]() Yells: "STI is hard landing to below 2000..." |
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Face the facts.... Markets is not going to recover..... Today will be going down starting today.... STI 2400.... lol |
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zllz78
Member |
05-Dec-2011 13:25
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hmm but would it be wise to start shorting now knowing EU summit will probably generate more hopes thus making more market highs compare to probably end of the year?   |
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iPunter
Supreme |
05-Dec-2011 12:59
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I agree with sifu...      Major trends are not easy to reverse, in spite of many oomphy rallies.           The world economies are in reality already " koyak" , and is just                   being artificially propped up by further huge debt packages.                           Thus, it all is just a matter of awaiting the 'day of reckoning'...  ![]()
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Hawkeye
Veteran |
05-Dec-2011 12:11
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Bottoming Process may take months
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zllz78
Member |
05-Dec-2011 11:54
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hi all.. I see that the long term trend is down, but now it seems to be rebounding very fast from the falls eveytime. Somemore this week with all the EU summit etc, wun it go up higher? | ||||
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Isolator
Supreme |
05-Dec-2011 11:04
![]() Yells: "STI is hard landing to below 2000..." |
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I strongly agreed.... as long as nothing been break, the downtrend is in fact 90%... lol
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knightrider
Elite |
05-Dec-2011 10:55
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Don't agree, tikam tikam 50%. Now u tikam also must tikam on downtrend, almost hit rate 80%. And tikam on uptrend only 20% only. LOL.
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