Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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xing78
Elite |
02-Sep-2011 09:29
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I would agree with you on going short starting on next week after the US labour day. My view is that we will be making new lows with some bounces along the way. This should last up to the end of November. And over the Christmas holidays season and end of the year window dressing, we could have a significant bounce. December is mostly bullish month. September & October are mostly bearish month.  My target new lows will be 970-980 on the S& P500 and 2200-2250 on the STI.  
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stockmarketmind
Master |
02-Sep-2011 09:11
Yells: "stockmarketmindgames" |
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I think short term can make money on the short side. http://stockmarketmindgames.blogspot.com/2011/09/sti-short-or-long.html
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louis001
Master |
02-Sep-2011 09:05
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Buy on dips..... (AP/Washington 1/9)A stream of data released Thursday bolstered the case for an economy that's healthier than it seemed just weeks ago: -- Americans kept shopping in August despite higher prices and a hurricane that battered the East Coast during the important back-to-school shopping season. -- Car buyers lifted U.S. sales last month for most automakers. Analysts had expected a weaker August because of anxiety about the economy and Hurricane Irene, which forced many dealers to close during the month's final weekend. -- Fewer people applied for unemployment benefits last week, a sign that the job market may be improving slightly. -- Manufacturing managed to expand in August for the 25th straight month. Last month's growth, though modest, defied fears that manufacturing, one of the economy's few sources of strength, had contracted last month. All that delivered a sense of relief that the economy is still expanding -- even if it's not enough to reduce unemployment, raise wages and drive the housing market out of its depression. " Today's releases add to the evidence that underlying economic conditions aren't half as bad as feared a few weeks ago," said Paul Ashworth, an economist at Capital Economics........ |
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rotijai
Supreme |
02-Sep-2011 05:52
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master gaecia.. u know wat i  was thinking  just now when i was undecided whether to cut or not? :) anyway.. dow dropped 3 digits.. looks like we are about to win the bet.. (hopefully) :D
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Gaecia
Elite |
02-Sep-2011 00:56
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i give u more of this again, ??
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des_khor
Supreme |
02-Sep-2011 00:32
![]() Yells: "Tell me who is the God or MFT from this forum??" |
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Will be too late if act only panic selling.... | ||||
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rotijai
Supreme |
02-Sep-2011 00:27
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hm.. reminds me of STI this morning.. | ||||
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alexchia01
Elite |
02-Sep-2011 00:26
![]() Yells: "Catch The Stars And Ride With Them" |
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You really has a lot of time to cut and post articles from online news. I only read them for fun, I don't use them to determine my trades tomorrow. I only believe in one thing, and that's the charts. You can find millions of articles to reason why market is bad. I can also find millions of articles to reason why market is good. The fact is... only the BBs can move the market and that's what I'm interested in. Today, I just don't see any real panic selling that signal market is going for a major drop soon. All I see, is retail players taking profit in the morning and BBs created a false panic in the afternoon to Buy Up a lower price. I think there are still more upside coming. Don't get me wrong, I do believe that market is going into a recession and we could be at the verge of a bear market. I just don't think it's going to happen tomorrow. Most likely to happen in October.
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SGG_SGG
Master |
02-Sep-2011 00:11
![]() Yells: "karma karma karma chameleon" |
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That is one struggle the DOW is having right now...  | ||||
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warrenbegger
Elite |
02-Sep-2011 00:10
![]() Yells: "Anyhow Buy Anyhow Die ^_^" |
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@MasterNg88888888 Wa! U done so much homework ah, i too lazy to write until like this. No matter what, U  had done a great market information job here. U had done your goodwill part. Well done and cheers  :) I not going to escape anywhere, i can play any kind of siao market, even stock crash mode. Lets profit together, Lets  wellcome them all  :) |
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MasterNg9999
Senior |
01-Sep-2011 23:51
![]() Yells: "Isnt Human center of the universe???" |
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Hahahaha and make that into a serial killer + soap opera + prison breaking and most of all superhumans with incredible power ...... long time no see Master Beggar ... where have you been?? ....... must tell me if you are planning a escape route .... i be your master lackey ... lolx @alexchia01 .... must look up and down too ......  i give you 25 reasons to look elsewhere The following are 25 signs that the financial world is about to hit the big red panic button.... #1 According to a new study just released by Merrill Lynch, the U.S. economy has an 80% chance of going into another recession. #2 Will Bank of America be the next Lehman Brothers?  Shares of Bank of America have fallen more than 40% over the past couple of months.  Even though Warren Buffet recently stepped in with 5 billion dollars, the reality is that the problems for Bank of America are far from over.  In fact, one analyst is projecting that Bank of America is going to need to raise 40 or 50 billion dollars in new capital. #3 European bank stocks have gotten absolutely hammered in recent weeks. #4 So far, major international banks have announced layoffs of more than 60,000 workers, and more layoff announcements are expected this fall.  A recent article in the New York Times detailed some of the carnage....
#5 Credit markets are really drying up.  Do you remember what happened in 2008 when that happened?  Many are now warning that we are getting very close to a repeat of that. #6 The Conference Board has announced that the U.S. Consumer Confidence Index fell from 59.2 in July to 44.5 in August.  That is the lowest reading that we have seen since the last recession ended. #7 The University of Michigan Consumer Sentiment Index has fallen by almost 20 points over the last three months.  This index is now the lowest it has been in 30 years. #8 The Philadelphia Fed's latest survey of regional manufacturing activity was absolutely nightmarish....
#9 According to Bloomberg, since World War II almost every time that the year over year change in real GDP has fallen below 2% the U.S. economy has fallen into a recession....
#10 Economic sentiment is falling in Europe as well.  The following is from a recent Reuters article....
#11 The yield on 2 year Greek bonds is now an astronomical 42.47%. #12 As I wrote about recently, the European Central Bank has stepped into the marketplace and is buying up huge amounts of sovereign debt from troubled nations such as Greece, Portugal, Spain and Italy.  As a result, the ECB is also massively overleveraged at this point. #13 Most of the major banks in Europe are also leveraged to the hilt and have tremendous exposure to European sovereign debt. #14 Political wrangling in Europe is threatening to unravel the Greek bailout package.  In a recent article, Satyajit Das described what has been going on behind the scenes in the EU....
#15 German Chancellor Angela Merkel is trying to hold the Greek bailout deal together, but a wave of anti-bailout " hysteria" is sweeping Germany, and now according to Ambrose Evans-Pritchard it looks like Merkel may not have enough votes to approve the latest bailout package....
#16 Polish finance minister Jacek Rostowski is warning that the status quo in Europe will lead to " collapse" .  According to Rostowski, if the EU does not choose the path of much deeper economic integration the eurozone simply is not going to survive much longer....
#17 German voters are against the introduction of " Eurobonds" by about a 5 to 1 margin, so deeper economic integration in Europe does not look real promising at this point. #18 If something goes wrong with the Greek bailout, Greece is financially doomed.  Just consider the following excerpt from a recent article by Puru Saxena....
#19 The global banking system has a total of 2 trillion dollars of exposure to Greek, Irish, Portuguese, Spanish and Italian debt.  Considering how much the global banking system is leveraged, this amount of exposure could end up wiping out a lot of major financial institutions. #20 The head of the IMF, Christine Largarde, recently warned that European banks are in need of " urgent recapitalization" . #21 Once the European crisis unravels, things could move very rapidly downhill.  In a recent article, John Mauldin put it this way....
#22 The U.S. housing market is still a complete and total mess.  According to a recently released report, U.S. home prices fell 5.9% in the second quarter compared to a year earlier.  That was the biggest decline that we have seen since 2009.  But even with lower prices very few people are buying.  According to the National Association of Realtors, sales of previously owned homes dropped 3.5 percent during July.  That was the third decline in the last four months.  Sales of previously owned homes are even lagging behind last year's pathetic pace. #23 According to John Lohman, the decline in U.S. economic data over the past three months has been absolutely unprecedented. #24 Morgan Stanley now says that the U.S. and Europe are " hovering dangerously close to a recession" and that there is a good chance we could enter one at some point in the next 6 to 12 months. #25 Minneapolis Fed President Narayana Kocherlakota says that he is so alarmed about the state of the economy that he may drop his opposition to more monetary easing.  Could more quantitative easing by the Federal Reserve soon be on the way? Things have not looked this bad for global financial markets since 2008.  Unless someone rides in on a white horse with trillions of dollars (or euros) of easy credit, it looks like we are headed for a massive credit crunch. http://theeconomiccollapseblog.com/archives/25-signs-that-the-financial-world-is-about-to-hit-the-big-red-panic-button I be at the end of the road waiting for all .... take care .... Cheer
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warrenbegger
Elite |
01-Sep-2011 23:44
![]() Yells: "Anyhow Buy Anyhow Die ^_^" |
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Dont had to wish for red or green. Just  dance and play along  with the market. I wellcome both very green(Long)  and very red(short). Cause i can only see grey(mix) during this times. And grey is the combination of black(wrong) and white(right). U must forget about red/green/black/white in order to see grey. Understand market, and U will understand theres no right or wrong. Only chances, or luck(duck). Only players playing among themself thinks they r playing the market and in the end market out play  them. Good luck all, i going to take my ah siao medicine liao, good night :)
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JUNWEI9756
Supreme |
01-Sep-2011 23:44
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i still think that there is chance for a 3 digit upwards today. haha.
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rotijai
Supreme |
01-Sep-2011 23:41
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seems like the bulls still got some strength.. | ||||
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rotijai
Supreme |
01-Sep-2011 23:28
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yea i was so worry for u.. especially we shorted noble at 143? it went up as high as 169 today.. hehe.. last friday it looked well supported.. i was already VERY worry.. and with ben's delaying QE3 talk and the market still rallied 100+ pts.. i decided to cut all and went for long instead.. made quite good $ there.. and now i am back to the bears :)
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Gaecia
Elite |
01-Sep-2011 23:22
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Roti, the past few days of rallying has been quite a stretch it looked  as if  some/ most  counters  were  in a haste  to rally for mth end window dressing.  I nearly passed out from holding a position.serious. Had to avg out my shorts from abv 1.6x to level things out.   
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rotijai
Supreme |
01-Sep-2011 23:21
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nope master gaecia.. i have enough of trading on day time nowadays... u should have picked up quite a few juicy peaks on STI today uh ? :P i only picked up those less juicy ones.. but i believe those should be juicy enough in the mid term..
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SGG_SGG
Master |
01-Sep-2011 23:20
![]() Yells: "karma karma karma chameleon" |
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Newbies play index or forex can die jialat jialat lah.. Better not encourage. So scary! | ||||
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JUNWEI9756
Supreme |
01-Sep-2011 23:19
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If you can air it through channel 8, i sure give you big big ang pao :D
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Isolator
Supreme |
01-Sep-2011 23:17
![]() Yells: "STI is hard landing to below 2000..." |
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Trade Index is the better....    invest stock ok.... Anyway, my bonus short already earned my family a holiday trip to europe.... Opportunity dont come always, once come grab greedily ..... lol |
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