Dear Friends,
STI today breaks the price of 3188, the opening price of this year. And this happens in a matter of 3 short weeks of trading after a 4 months increase. Yes, everything is wiped out. We are at a deficit of 18 points now for the year. Given US and Japan strong showing for the year, STI really looks a great disappointment.
This is a timely reminder that the market can be very unforgiving when everything turns bad! All gains of the year can be wiped out in a month. It is always good to be cautious when things are too good to be true, when everyday the stocks are running. Remember that Nikkei can tank 1000 points in a single day amid the bullishness.
Do remember that this is a terrific OPPORTUNITY!  Every market will have its turn of bullishness and bearishness. I know that KL stocks recently have a great run. The run will halt one day. Rotation will occur. And maybe SOON, it will be the turn for STI component stocks!
I am looking closely at STI component stocks, especially when it is near my targeted 3000-3100 region.
Rgds
Daniel
www.danielloh.com
Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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guoyanyunyan
Elite |
12-Jun-2013 15:00
Yells: "uncertainty always exist" |
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STI gains for the year are wiped out totally in 3 short weeks! |
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Octavia
Elite |
12-Jun-2013 14:47
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Oh dear selling seems unabated. | ||||
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ruready
Master |
12-Jun-2013 11:41
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china hot money come in again,,,,,,,,,,,,china and hong kong marhet no game and safe for three day dumping season,,,,,,,,,,,,,,,,,,,,,,,,,,,,,remember 11-1pm if raining is good for collecting and drink for health |
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Peter_Pan
Supreme |
12-Jun-2013 11:01
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Many kena trapped... | ||||
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medivh
Elite |
12-Jun-2013 10:56
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Who SHORT this morning ..will kana SHOT ..lol | ||||
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GorgeousOng
Elite |
12-Jun-2013 10:35
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Today....I no buying no selling...enjoying good food with Chang beer ! Cheers! | ||||
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Peter_Pan
Supreme |
12-Jun-2013 10:17
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Yah, buy call from SJ...must follow...very zhun one.
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ozone2002
Supreme |
12-Jun-2013 10:14
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relief some stress from the markets? kekeke
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Peter_Pan
Supreme |
12-Jun-2013 10:12
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Buy okamoto. | ||||
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Octavia
Elite |
12-Jun-2013 09:58
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STI still directionless with signs of investor capital flight in the region.  Trading volume may be lower than usual, as both the Hong Kong and China markets are closed for the Dragon Boat Festival. The STI has made a decisive bearish break below 3,189 - its 200 day moving average and key support level. With the key technical indicators continuing to look weak, negative momentum may drag the STI lower toward the next near term objective at 3,113 |
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ozone2002
Supreme |
12-Jun-2013 09:42
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called zero sums game.. don't be the herd, be the leader and spot good fundamental shares that are not in the spotlight instead of just flowing the crowd.. gd luck dyodd
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shuncheng
Member |
12-Jun-2013 09:36
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I paid my tuition fee in stock market for a long time now so  I  know the retail traders  are actual  looser (and small numbers of BB can also be looser) ... when market has got good news, BB has got the power to push up prices, so retail trader follows  usually pick up at higher prices and when bad news comes, BB exit with greater power to drop prices leaving retail trader stuck and usually  cut lost specially contra trader.... and when stock at low price BB will start picking up slowly (so price will not rise when retail trader starts selling)... Someone lose for somebody gain... this is the name of the game |
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ozone2002
Supreme |
12-Jun-2013 09:22
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whole world rushing out through one exit door.. pandemonium! |
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LoveToInvest
Veteran |
12-Jun-2013 01:54
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Tikam 10 pennies at least 8 will profit on shorting.
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LoveToInvest
Veteran |
12-Jun-2013 01:52
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Short those penny that no fundemental ,will bb follows downtrend or fake push higher ?
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kelvinLim123
Master |
12-Jun-2013 01:31
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http://www.indexq.org/ scare, me not, just sell and take your profit.
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kelvinLim123
Master |
12-Jun-2013 01:24
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It is not that I sold today so I am on the bear side, i still have vested interest in unit trusts, CPF stocks, and now only some counter, i have sold a lot these day. 2nd half going to be bad, other than blues, all will be sell to strength. u make your judgement and DYODD, so no blame ppl when thing turn the other way. JMO. I could be wrong. |
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LoveToInvest
Veteran |
12-Jun-2013 01:10
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Ang mo like to eat Huat kueh and soon kueh =) Huat ahhhh
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LoveToInvest
Veteran |
12-Jun-2013 00:30
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Wah very scare Liao :)
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Peter_Pan
Supreme |
12-Jun-2013 00:26
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Remember to jiak bah buay bao.
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