Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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teeth53
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04-Sep-2011 13:51
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http://www.channelnewsasia.com/stories/afp_asiapacific/view/1151007/1/.html Posted: 04-Sep-11 1322 hrs. Japan's new leadership wins polls backing... TOKYO: Japan's new prime minister Yoshihiko Noda and his cabinet on Sunday won solid backing in opinion polls. The Nikkei business daily said its survey showed 67% approval for Noda's cabinet -- a significant recovery from the dismal 19% rating his unpopular predecessor Naoto Kan recorded in late July. Respondents said Noda was " reliable" and had a " clean" image, and " offers a sense of stability" as the nation recovers from the March 11 earthquake, tsunami and nuclear crisis, the Nikkei said. teeth53 thot: It the West in trouble, like Euro, those angmo got themself shot @...X_X. it now East time for S-chip turn to HUAT...ARHH. Monday STI look to Nikkei to give Japan new PM a big boost and follow Hang Seng faithfully. STI fall can be a gain for bargain hunters. |
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Eddyson
Senior |
04-Sep-2011 13:07
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It is a good case for Obama to go to congress to beg for more stimulas measures. You cannot expect a beggar to beg with a bowl full of cash & wearing a tie, he need to  show that US is in danger of a recession & without a stimulas package USA is going down. The PE of all stock in US is now in a single digit & accordingly it should be at an average PE of 12.    
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JUNWEI9756
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03-Sep-2011 23:30
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hmm sry perhaps im not as pro as u :)
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medivh
Elite |
03-Sep-2011 21:26
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what do you think? so good at confusing others but cannot guess whether first-timer? lol
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dc16888
Senior |
03-Sep-2011 18:43
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there is one stock I never do unload & load, I want to see long term apprecition, I do anaylsis think is last week, buy when it low, my insurand to stocks trading ie sti etf. cheers/ http://www.tradestockdiary.blogspot.com http://www.holistichealingnatural.blogspot.com    |
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JUNWEI9756
Supreme |
03-Sep-2011 13:22
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in this market. it is always load and unload. u first timer here is it ? lol !!!!
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lowchia
Veteran |
03-Sep-2011 12:30
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In last week, STI recover 95 points from the opening of 2748 and close higher at 2843. A white candle sticks with long upper shadow affirms investors remains cautious despite buying on the recent correction. Key Economics Data report: On Friday, reports on the zero job growth in August and the unemployment rate held steadily higher at 9.1 percent create concerns that the US is heading for another recession. It was the first time since World War II that the economy had precisely net zero jobs created for a month. Technical Analysis on STI STI index has broke the critical resistance at 2820 in this week but seems to be having issues in holding onto this level. 1)  In weekly chart, a white candle sticks with long upper shadow affirms on profit taking of the recent gains. 2)  The weekly trading volume falls though the market remains volatile. 3)  MACD and RSI indicators are flat as RSI going sideways. 4) STI is currently supported by the support at 2820 5) The resistance at 2936 is expected to be very strong and investors are reluctant to buy beyond this level. Important resistance of STI: 2936 (Daily charts) Immediate Support of STI: 2820 (Daily charts) MY tactics: We are very  READ MORE   |
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teeth53
Supreme |
03-Sep-2011 12:06
![]() Yells: "don't learn through life, learn to grow with life " |
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Thank Xing, for putting up comparable chart. Last Fri on job report  is critical to STI on last Thurs trading, with a  volatile wkend for STI, down  24.09pt, -0.84% to 2,843.09pt  http://money.cnn.com/2011/08/27/markets/sunday_lookahead/index.htm  With zero jobs, recession risk just got worse  This coming wk direction, looking to U.S. report on  Bank woes...  Government goes after financial firms over mortgage losses |
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xing78
Elite |
03-Sep-2011 11:20
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xing78
Elite |
03-Sep-2011 08:56
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Chart is showing me that there may be some support coming into play at the 2 short term uptrend line. The major support will be at 1100 should it gets there. Next major support will be at 1000 (2010 lows) after 1100 and I would like to think that QE3 should not be far away if we gets there. We may see a pierce of 2010 lows in my opinion before any mention of QE3.    Will we see the lows of 2009 @ 666 being tested in 2012? I doubt so, Helicopter Ben will not let that happen (that's only my thoughts, with the implementation of QE3). 2012 will be the election year in the US. Maybe it could happen in 2013, nobody knows anyway.    Please look into taking some of your profits (possibly taking 1/2 off the table) next week if you have any open shorts position over the weekend (like I do). Anything can happen at Anytime.  Good Luck :p    |
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xing78
Elite |
03-Sep-2011 08:34
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jonasljk
Member |
03-Sep-2011 06:54
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lol fierce  ![]()
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medivh
Elite |
03-Sep-2011 03:04
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Really don't understand ...one time your comment say " UNLOAD while you can"     Another time you say " LOAD up LOAD up." and now you make this comment " investors are still very rich.."         " 9 out of 10 people... got lot of cash in hand"               Do not mislead others.. If your hand itchy need to type... go do yourself a hand job. ![]()
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tiancai007
Master |
03-Sep-2011 02:43
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Haha. I wrote more than 1 line. Anyway, thanks for the insight. I'm impressed by ur mkt feel. Really impressive. I no balls to naked sell, if got balls will have gone to Holland V naked walk. Anyway, DOW is super red now...
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JUNWEI9756
Supreme |
03-Sep-2011 01:46
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From past history it is also noted that September is the worst month of the year for trading.  Wonder if this phenomenon will come true for this year or not.. Most likely it is a yes ): 
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JUNWEI9756
Supreme |
03-Sep-2011 01:44
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Ok noted, thanks. Dow might rebound a bit later on ?? Or do u think that Dow will really reach 9700 in near term ? Market sentiments really suck big time now.. But end of the day, investors are still very rich.. its not recession. 9 out of 10 people walking on the street still got a lot of Cash in hand...  We got money, just that we refuse to enter… thats why market cannot go up.. Market like this, 8 days red 2 days green.. jia lat.. lol.. I think you can be the next Peter Lim in future.. shall see you in newspaper soon. haha :) 
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warrenbegger
Elite |
03-Sep-2011 01:38
![]() Yells: "Anyhow Buy Anyhow Die ^_^" |
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Monday dont anyhow load cheap, unless it get super cheap. The US market left Botak Ben to save  only. If tonight and next monday fall like shit, maybe Botak also useless liao. Before Botak talk again mosty got some rebound again, just that during this 2 weeks is also a siao week. Up down left right centre combo KO. Save your bullet and  dont anyhow shoot. Wait for more clearer sign of safety. Bear still outshine the bull. Just see how many major index point suffer big lost during this siao market times. Bull is still inside ICU, may die if no superman save...
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warrenbegger
Elite |
03-Sep-2011 01:22
![]() Yells: "Anyhow Buy Anyhow Die ^_^" |
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I dont anyhow short for no reason. U had to ask another question, why this SS keep going up even in falling market? If U know how to feel their bull, and feel their fear. And chart show FA doesnt support TA anymore(overcook) My first short fail and lose some, but 2nd(win the most)  and 3rd(earn some)  short success. When STI fall first, SS still waiting for action. Timing. Both way play, half want buy and half want sell to cause px difference action/vol within short hrs. I know SS will fall, maybe my market exprience feel, i just know. I hard to write out all why i do it, i just do it. Same as I ask U why U long it, mosty bottom. same, i see a falling top too heavy to support anymore. If U no plan/strategy and no confidence, then why u trade? Same as many idiot jump to buy in the opening and except a rally, but midday all U-turn into red. same theory. Shit la. U ask 1 line only why i write so many line??? kanna cons :(
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JUNWEI9756
Supreme |
03-Sep-2011 01:14
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HAHAHA. You never fail to make me laugh at your words :) I still got a lot more to learn from you.  For now, i just want to recoup my losses slightly.. but as soon as possible. I dont have much capital.. So what i can do is to slowly slowly earn a bit here and there. Just hope that the company i buy dont go bankrupt. lol. I closed positions  already.. Hope that DOW can drop big time tonight.. Monday will be another round of cheap cheap goods.  Huat ah !!! Cheers ![]()
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warrenbegger
Elite |
03-Sep-2011 01:03
![]() Yells: "Anyhow Buy Anyhow Die ^_^" |
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U wellcome :) Market got unlimited milk, is just how U going to  milk it. Market cow is too big for us to  milk it all. So lets share our knoweldge/infor/warning/tips and lets milk the cow together happily. Cheers for all, no matter win or lose, chances r always there waiting for U. In the cycle of maket, we r just part of the cycle. One day smile, another day cry :) So why not let us hug hug together and mouth to mouth kiss kiss. We must love each other :) Our only target >   SIAO COW! Lets milk it!
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