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STI to cross 3000 boosted by long-term investors
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hpong5
Master |
14-Aug-2011 13:30
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Funds are getting back into riskier assets. Those who still have short positions better cover while the prices are still low and take profit because STI ain't gonna enter bear market. You do your own math. | ||||
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hpong5
Master |
14-Aug-2011 13:08
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You are so damn right!
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RachelG
Member |
14-Aug-2011 13:04
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This is the only time retailer can make money. When the BB comes in, no more chance.
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ozone2002
Supreme |
14-Aug-2011 12:51
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Be greedy when others are fearful... enough said... |
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hpong5
Master |
14-Aug-2011 12:49
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STI will be back to 3000 level next week. Otherwise, many people in properties will suffer big time as prices will come down by 10-20% if STI enters bear mkt. Condos will be hit worst. So many supplies coming in. | ||||
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RachelG
Member |
14-Aug-2011 12:48
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I think it is a good time to put 50% of your extra money for investment into shares now. Even the Great depression lasted only 1 year followed by phenomenal rebound. With every crisis there is bound to be a huge rebound. If this crisis deepens, put your next 50% at the next trough. Returns will be phenomenal. However if you have no extra cash or saving for marriage, medical bill etc. Just stay away from stock market. For me , I already invested 50% into  S-chips Baidu.com ( Internet ), China  Construction bank ( banking ), Memstar ( manufacturing ) ,  CAO ( OIL )  and  US Macdonalds ( Unhealthy food ). :)  |
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rpires
Member |
14-Aug-2011 12:47
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This week saw immense point swings, with the Dow posting 2 of its biggest point gains ever (10th biggest on Tuesday and 11th largest on Thursday) and 2 of its worst point declines ever (6th worst on Monday and 9th worst on Wednesday). the market could be set for a few days rallies in the coming week due to EU ban on short selling. contrary, USA consumer sentiments has the worse figures in 3 decades,EU debts problems coming again towards the end of august. be a day traders, keep a short term horizon. |
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hpong5
Master |
14-Aug-2011 11:51
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Time to sell gold and get back into equities. Gold may be going for some correction first before it can go higher. If you sold gold at $1700-$1800, would you want to buy again at this level? Most likely funds will head back into equities. At your own risks though... | ||||
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tanglinboy
Elite |
14-Aug-2011 08:16
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I would stay away from the market. Too volatile.
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xing78
Elite |
13-Aug-2011 20:59
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I am looking at City Development, KepLand and CapitaLand charts. For City Dev, it is sitting very close to the neckline for now and could be a candidate for shorting should it breaks. KepLand and CapitaLand has already fallen below the 61.8 fibo retracement level but City Dev still above this level for the time and could join them very soon.  
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iPunter
Supreme |
13-Aug-2011 19:53
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For instance, those who sold their Capitaland       10 months ago at 4.20 would have " tarn tio" ...             since the price now is down to 2.50.                     But then, at that time, people are 'bullish all over',                             and confidently encouraging others to " buy on dips" ...                                     do you still remember?... ![]() |
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rotijai
Supreme |
13-Aug-2011 18:47
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if this fall goes below 2009's low, ur analysis will be correct :)
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iPunter
Supreme |
13-Aug-2011 18:30
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I do not monitor the small details like those you mentioned...     Generally, I am more concerned with the major market trend.             I believe that once a major trend is established, it tend to continue.                     To me, the Lehman/sub-prime crisis has started the downtrend,                 and has subsequently rebounded. It is likely that the recent fall                                     heralds the continuation of the downtrend after that sizeable                                           rebound ... This is my view, my 'analysis' if you like,                                                 though it lacks meaty padding and filling... lol... ![]()  
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rotijai
Supreme |
13-Aug-2011 17:37
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master ipunter, though those big chips are still not in the bear market, many mid-caps and small chips were already in bear market even before this massive plunge.. i am still relatively new to the market, do smaller chips plunge first before the bigger ones do? during a recession like 2008? |
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hpong5
Master |
13-Aug-2011 17:15
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Property price will plunge and crash once we are in the bear market. | ||||
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iPunter
Supreme |
13-Aug-2011 15:00
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When they feel ing bullish all over,         we must not say anythimg bearish at all...                 Because players are human and emotional (ego)...                         If not, they will not be losing so much... ![]()
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hpong5
Master |
13-Aug-2011 14:45
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BlackRock to use gold, bond profits to buy beaten-down stocks. | ||||
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rotijai
Supreme |
13-Aug-2011 14:32
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ok.. may be we can still say like this.. dow jones.. nasdaq.. s& p.. and most importantly.. STI still havent gone into bear market..
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rotijai
Supreme |
13-Aug-2011 14:31
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in fact.. most of the euro indexes are now in the bear territory -_- cac,dax,swiss.. all gone into bear market, only left with london..
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hpong5
Master |
13-Aug-2011 14:21
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Now is only cubs coming out to play only. | ||||
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