Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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teeth53
Supreme |
10-Sep-2011 13:50
![]() Yells: "don't learn through life, learn to grow with life " |
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OBAMA offering U.S. S447 billion for job capitulation...Sell into strength and bot into weaknesses. +500 pt is coming again, next -400 pt oso. This stage where  Republian vs Democrat will come to an understanding...or else. If GOP diberately create obstacle many voters will switch to Democrats. Next year is not only Obama Presidential Election year,  but election for most of Upper and lower house seats too. Thats why Republican is forced to say they like much in what they saw in Obama plan inorder not to offend the public already anger by their childishness leading to S& P downgrading. |
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JUNWEI9756
Supreme |
10-Sep-2011 11:50
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i think if u guys wanna sell. pray hard that there won't be another -200 points downwards next monday. then things should be alright.. lol.  |
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Isolator
Supreme |
10-Sep-2011 11:33
![]() Yells: "STI is hard landing to below 2000..." |
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If next week, Dow hit lower than last night low, then  a massive selldown will come again... or everyday red closing marching to Dow 9000....  I will not post much after today again.... Many will be happy since I will not post news that they want to hear even it is facts.... lol.... Enjoy... | ||||
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iPunter
Supreme |
10-Sep-2011 11:23
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The best thing the market can give us are more juicy peaks... ![]()     |
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risktaker
Supreme |
10-Sep-2011 10:46
![]() Yells: "Sometimes you think you know, but in fact you dont" |
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Ok i have to explain certain things regarding this statement i made recently on.  05-Sep-2011 12:22 " ok.an update for u guys. For the past few days out of the market was a relief and i had catch up with some.of my friends. We are not back.in the market yet. ok some things u guys should. Singapore.is very likely in a technical.recession right now. China side isnt looking well as well. It seems many chinese has abuse the 2008 stimulus. Many infrastructure has not.completed or funds are.missing. We might test another low sometime this week.or next week. Obama jobs speech will do little impact on job sector.as.there.is.simply.no.demand.for additional.workforce. recently data on our hands suggested double.dip.is or have become a reality. 65% chance we are.in a double dip. When things are bad the.first to cut.jobs is the bank. We have seen banks.across.the.world.cutting.back.jobs. frankly.speaking.they know it well we are.heading.south. trade with care. in this.kind.of.market.if ur not sure dont trade." You have to know one thing we are living in a ever changing world. Things happen as I type right now. By the time it gets to you it might turn out things have already changed. Everything is still pointing towards a double dip right now. ISSUES - Near Term 1) Regarding China its stimulus did work in some way but lots of bad debt are seriously trap in the local government itself - Recent slowdown in global economy and drop in PMI has led china to ease its tightening policy. 2) We do not have the details on Obama Job plan but to create a job plan require a united congress and most importantly FUNDS --- where is it gonna come from ? Especially when it has recently introduce a bill to cut spending. The job plan faces serious problem..... To worsen the current situation, US current budget expires on Sept. 30, it has to be replaced either by a 2012 budget or a series of continuing resolutions that would keep the government functioning until an agreement is reached or talks end in a shutdown. 3) Will German abandon Greece ? Its not  unthinkable anymore.... whats the effects of Greece default ? Whats the ripple effect to the whole global economy? The Europe Zone is in serious problem and it will take a long time for me to write out.  I am sorry that i cannot provide our analysis to the above problems Nor what we will do next week. However if your lucky enough to receive a PM asking you to Buy/Sell.... U should just follow :) Good Luck and Trade with Care.
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medivh
Elite |
10-Sep-2011 10:19
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Continuing from my previous post, bears rested enough and yesterday it took off a chunk of meat off US and Euro bourses. Coming monday will be interesting.. I'll be waiting for sellers to come in  fast and swift in the morning  ...  gd luck (," )
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EdwardLiu
Senior |
10-Sep-2011 08:58
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On Saturday 10 September 2011, 1:10 SGT
  By Tricia Wright LONDON (Reuters) - Weak banks piled pressure on Britain's top shares on Friday, after news European Central Bank (ECB) executive board member Juergen Stark is to quit early because of a conflict over the central bank's bond-buying programme. The news highlighted a rift inside the ECB over the handling of the deepening debt crisis at a time when investors need to see definitive action. " (The market) was already on a downward trend and that was the additional push that it needed," a trader said. " It's just basically investors taking one look at Europe and thinking ... 'you're basically bickering like rats in a sack, and is there going to be a resolution?'" Confidence was not helped by news from the U.S. overnight. Investors were left uncertain as to how much of President Barack Obama 's $447 billion (281.4 billion pounds) proposal to generate U.S. jobs will make it through Congress, while Federal Reserve Chairman Ben Bernanke gave no suggestion fresh stimulus was imminent. |
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stockmarketmind
Master |
10-Sep-2011 08:02
Yells: "stockmarketmindgames" |
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good luck to all. | ||||
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JUNWEI9756
Supreme |
10-Sep-2011 02:59
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tonight no rebound… Closing - 420 points.. i think .. lol.
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JUNWEI9756
Supreme |
10-Sep-2011 02:48
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rebound then go down again ??
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Isolator
Supreme |
10-Sep-2011 02:43
![]() Yells: "STI is hard landing to below 2000..." |
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Bingo... Hit around 10940.... It should be rebounding up for tonight.... Enjoy... | ||||
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xing78
Elite |
10-Sep-2011 02:15
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U-turn down again.  Better than watching any action movie.  LOL... 
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xing78
Elite |
10-Sep-2011 02:10
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Oppss... It cheong again. Faster than flipping roti prata. LOL 
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warrenbegger
Elite |
10-Sep-2011 02:00
![]() Yells: "Anyhow Buy Anyhow Die ^_^" |
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I am a Ah Siao. Only Ah Siao can understand Siao market. If U r not Siao, U wont understand why this Siao market so Siao. Everytimes i like to give out advance warning, but everyone think I Siao liao... Good medicine just  dont taste good, is a true hard fact :)
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xing78
Elite |
10-Sep-2011 01:57
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Opps it is coming down again to the trendline. If it breaks that trend-line I have drawn, we can look for a morning gap down on STI in the first hour on next Monday before for a possible retracement up and shorting it.  LOL.... I am side-lined watching the ups and downs for now and only have a small long position on NOL.   
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rpires
Member |
10-Sep-2011 01:56
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i cannot understand why ppl would see any bright side of the world economy. it is a no hopper. There is no way greece ever gona payback. defaults is almost 100%, what repercussion will it have on those banks who lend to greece? USA maybe is already in recession.  i say short the index. you can make more money shorting index than going for individual stocks.   |
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warrenbegger
Elite |
10-Sep-2011 01:47
![]() Yells: "Anyhow Buy Anyhow Die ^_^" |
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Ha ha ha!!! Cheers to this siao market :) Pui!!! Pui!!! Pui!!!
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warrenbegger
Elite |
10-Sep-2011 01:44
![]() Yells: "Anyhow Buy Anyhow Die ^_^" |
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Clever, if gap down too much dont anyhow short. I think shorting also no much meat liao because many  r still looking at the aces. One side fear but another side still hopes for bingo. But some counter still can short if timing px is right. Market is still hanging halfway to the ceiling and halfway to the floor. Very hard to guess now.
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xing78
Elite |
10-Sep-2011 01:01
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Opps look at the strength of the bounce. :p 
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xing78
Elite |
10-Sep-2011 00:53
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I do believe we could see a bounce on the S& P500 starting right now. This will be the last attempt to lure the bulls in before a big crash. TP = 1240 - 1250  LOL  |
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