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STI to cross 3000 boosted by long-term investors
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rotijai
Supreme |
25-Aug-2011 14:19
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BOA dropped 50% YTD.. if any of our banks drop 50% YTD i might consider to take some $ from piggy bank and invest 1-2 lots
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parimas8
Member |
25-Aug-2011 14:18
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hitting 2000?  just a 30% dip from current 2750?  u r being a bit conservative bro.  to see it revert back to 1500 albeit slow (but steady) is  more likely.  but this time it will be slow cooking.    to those who  is still thinking that genting will go back to 2.00+, cosco  3.00+, capitaland 6.00+....   u will only realise u have been cooked alive in a slow cooker when genting is 1.20, cosco is 0.55, capitaland is 1.65.    HAHAHAHAHAHAHAHAHAAHAHAHAH!!!!!!!!
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belgeran
Veteran |
25-Aug-2011 14:17
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hmms.... looks resistant to falling though.... | ||||
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andreytan
Veteran |
25-Aug-2011 14:15
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Did not u see BOA cheong 11% last night, all financial are already very low, time to long.
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Isolator
Supreme |
25-Aug-2011 14:07
![]() Yells: "STI is hard landing to below 2000..." |
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Be prepare to see STI close red today.... | ||||
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Isolator
Supreme |
25-Aug-2011 14:02
![]() Yells: "STI is hard landing to below 2000..." |
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It may sound very impossible to you..... STI will be hitting this 2000pts.... | ||||
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belgeran
Veteran |
25-Aug-2011 14:01
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but.....  hedge funds can drive market down as well.. or be in the short positions to profit....... ? | ||||
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andreytan
Veteran |
25-Aug-2011 13:56
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Don't listen to those who say FED is up to the nose. The fed got alot of way to increase liquidity in the mkt. They need not to print money or reduce rate just to increase liquidity. Just like there are a lot of ways to slow down a car,     Why i think a rally, is a confirm case? all hedge fund are in the red, no pay for them , becos of nkt crash, they will take any positive news to drive up stock, and also end of yr they want their portfolio to look good, so they got bonus to take home.  i learned that 90% of them are in the red . they will always push oil up first before stock. I think if oil cross $90, mkt will soar. ..look to oil as indicator. |
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susan66
Master |
25-Aug-2011 13:53
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Don't understand, why daily shares buy back  the price will go down.  ![]() But everytime see some married deals after that mostly down later.    See sellers come in just follow.
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xing78
Elite |
25-Aug-2011 13:37
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Semb Marine is very heavy on shorts now and there has been several rounds of daily shares buy back since it was still trading at $4.50. |
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susan66
Master |
25-Aug-2011 13:24
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Ya, don't be greedy still can earn a bit.  Everyday short Semb Marine in the morning & buy back in the afternoon. ![]()
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xing78
Elite |
25-Aug-2011 13:04
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For those brothers watching from the sideline for now, Below is a link to a book which I would recommend you to read up during this period of uncertainty. Good Luck :p  http://bouantoun.com/Thomas%20N%20Bulkowski%20-%20Encyclopedia%20Of%20Chart%20Patterns.pdf  |
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parimas8
Member |
25-Aug-2011 12:59
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not necessarily sir.  in such a 'flux' trading environment, i'd do  both  positions i.e. long & short at same opening for swinging with a cut-loss of 2%. when the trend becomes clearer i'd close the faltering position and let the other one run.  HAHAHAHAAHAH!!!!
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parimas8
Member |
25-Aug-2011 12:52
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HAHAHAHAAH Yeah!!!  Short is the Long way to go now!!!!
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Kensonic77
Veteran |
25-Aug-2011 12:24
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Good Post Tks
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JUNWEI9756
Supreme |
25-Aug-2011 12:22
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Yes i agree with you. Market has already responded before his talk. Just like before Aug 2, Market responded before Obama solves the debt crisis. After that market still continue to plunge. Now its a time to take profit. Ben's talk will not help the market soar next week, i think  ![]()
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RachelG
Member |
25-Aug-2011 12:16
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No matter what Ben say is useless. The market is has already responded for the last few days for what he is going to say. If he say anything les that " rescue fund " , market will crash for a few days. If he say " rescue fund" , market will only drop . If he surprise everyone and says rescue fun + something else, market will rise. | ||||
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Isolator
Supreme |
25-Aug-2011 11:34
![]() Yells: "STI is hard landing to below 2000..." |
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Short it.... no need stop.... lol | ||||
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alexchia01
Elite |
25-Aug-2011 11:33
![]() Yells: "Catch The Stars And Ride With Them" |
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I close some shorts today, but most of my positions are still open. I think everyone is waiting for Ben's speech this Friday. However, the market is very weak now with sentiment leaning towards the bear side.
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JUNWEI9756
Supreme |
25-Aug-2011 11:30
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Haha. Now STI chiong 40 points.. Those who dare to enter please enter. haha. its your money :D
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