Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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rotijai
Supreme |
09-Aug-2011 12:05
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once dj broke 10k support we will be officially in bear market.. u see euro opened green and then straight dropped.. and many times us opened green and couldnt even sustain for an hour.. already signalled tat the market is tanking.. the selling pressure is so high now.. if the BBs ever wanna push up the price, they wouldnt let the price to fall so fast and high volume..
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alexchia01
Elite |
09-Aug-2011 12:04
![]() Yells: "Catch The Stars And Ride With Them" |
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Yes, I agree with you. Technical rebound is also a preparation for the next short to come. If you know how to play the market, you play both ways.
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eastcivic
Elite |
09-Aug-2011 12:01
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you sure? sti going to 1400 and dow going to 6000-7000 would be awesome ![]()
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rotijai
Supreme |
09-Aug-2011 11:59
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like now.. hang seng rebounded from 18800+ to 19300.. tat's a 500 rebounce :)
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rotijai
Supreme |
09-Aug-2011 11:58
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if u look at intra day chart.. there are many technial bounces.. US had its bounce last friday..
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eastcivic
Elite |
09-Aug-2011 11:57
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any technical rebound could also be a juicy rebound to short instead of loading longs..... i agree with master roti and i think we are just a few steps into a bear market..... but still cannot conclude if we are really in a bear market or just a big correction
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Isolator
Supreme |
09-Aug-2011 11:54
![]() Yells: "STI is hard landing to below 2000..." |
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Actually this is the rare opportunity in every few years where you can anyhow short and still profit... Is Bear RUN.... But most traders will miss... By the time when they know it is opportunity,  there is  no more meat left....
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Joe2020
Veteran |
09-Aug-2011 11:54
Yells: "I am the Oracle sent forth unto you that ye shall be warned" |
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Short counter that come with Bad news....I will short Tiger Airways on Wednesday. CIMB rate Tiger to underperformed and TP now is 54c from 71c...Lets help Tiger to help itself.
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alexchia01
Elite |
09-Aug-2011 11:52
![]() Yells: "Catch The Stars And Ride With Them" |
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LOL... Yes, I know the trend and the trend is telling me it's too late to short. Your best action now is to wait for a technical rebound and go long on it. The technical rebound could be short live, but it could jump fast and high due to the massive sell down. Isn't that what you are waiting for?
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iPunter
Supreme |
09-Aug-2011 11:45
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As we speak, the Hang Seng has already dropped like sheet... Thus if Sg market is trading today, some bettors could have           made profits even if they bet early before HK opens...  ![]() |
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Salute
Master |
09-Aug-2011 11:39
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I would say that it's not that no counter to short, I am afraid that from the start of the market, prices are already much lower to allow anything to take action, the sell the existing stocks or to short. the grading agent  comment of Asia's future is demaging too. (fr. yahoo site), seems really back to 2008   |
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iPunter
Supreme |
09-Aug-2011 11:31
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As a seasoned stock trader,           I didn't expect you to say that...               as if you know the trend...  lol... ![]()
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rotijai
Supreme |
09-Aug-2011 11:26
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yes master ipunter
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Isolator
Supreme |
09-Aug-2011 11:24
![]() Yells: "STI is hard landing to below 2000..." |
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I am sad to inform that STI tomorrow will  see 2600..... Tonight Dow will still be very red....  Dow has break the Fri low and dip even further..... It mean Dow will see under 10000..... | ||||
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alexchia01
Elite |
09-Aug-2011 11:23
![]() Yells: "Catch The Stars And Ride With Them" |
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There is nothing to short even if you want to. Every counters are oversold. If you want to short, you should have shorted last week. Now is too late.
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alexchia01
Elite |
09-Aug-2011 11:20
![]() Yells: "Catch The Stars And Ride With Them" |
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Not an off day for me as I also trade the HKSE. Yes, STI is most likely to fall tomorrow.
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iPunter
Supreme |
09-Aug-2011 11:18
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You should know by now that after entering       at any price, one must quickly exit (cut loss)             if one's reckoning (assumption) is proven wrong                     by the market. Thus, do not love stocks...  ![]()
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MasterNg9999
Senior |
09-Aug-2011 11:16
![]() Yells: "Isnt Human center of the universe???" |
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Me think its these beings that are responsible!!!!! Taliban Training Monkey Terrorists?Monkeys have been trained by the Taliban in Afghanistan to use machine guns and trench mortars against U.S. military forces, reports People's Daily Online.    http://news.discovery.com/animals/taliban-training-monkey-terrorists.html hahahaaha if they can operate a machine gun ... y not a computer ?? Happy National Day...... Cheer   |
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iPunter
Supreme |
09-Aug-2011 11:15
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But that doesn't mean you must go and short it...         It is better to watch the trend unfold... no one knows the trend...                 Always remember, " not losing is already winnning"
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Salute
Master |
09-Aug-2011 11:14
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whao, all of us so patriahtic, national day stay home and discuss about stock market even it's off today. will STI drop 150-200 pts.tmrw.   |
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