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STI to cross 3000 boosted by long-term investors
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5spice
Member |
05-Aug-2011 16:37
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I believe lousy days are few :) Good days are many :) I went throught those days. I am still alive :) |
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chris168
Senior |
05-Aug-2011 16:31
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1 cent up 2 cents down no fun rt? so yea buckled up .... roller coaster time .... (i used to love it while i was in States) aarrrrgggghhhhhh ..... |
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bishan22
Elite |
05-Aug-2011 16:28
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Guess by next week, most analyst reports will recommended Buy call as almost all counters were oversold. 
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iPunter
Supreme |
05-Aug-2011 16:27
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Sifu you listen to bbc... Can you remember names of announcers? ... I couldn't make out the name of a certain announcer which I heard some time back... 
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hpong5
Master |
05-Aug-2011 16:26
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Maybe buy some, leave some for next week. | ||||
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alexchia01
Elite |
05-Aug-2011 16:25
Yells: "Catch The Stars And Ride With Them" |
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No need to rush lah. Wait for Monday and see first. Although, I'm already looking for counters to Buy, but I still want a confirmation before entry. |
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hpong5
Master |
05-Aug-2011 16:19
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Lelong lelong... | ||||
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chris168
Senior |
05-Aug-2011 15:56
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Nibble ... kep corp, sgx, noble, GLE ... tikam ... I've been listening in to BBC 'Global Biz' at 88.9 while out jogging at night, Spain, Italy, Greece .... interviewing biz pple, salary man ... pple on the ground ... things are just bad ... |
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hpong5
Master |
05-Aug-2011 15:37
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Anyway, markets seem to be bouncing back. | ||||
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hpong5
Master |
05-Aug-2011 15:35
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Feel can enter today at own's risk. Poised for a rebound next week. Either Monday drop somemore or rebound. but next week definitely 80% chance of rebound. | ||||
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bishan22
Elite |
05-Aug-2011 15:11
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Bot some today..... spare bullets for Mon to kill of any residue left. Good luck.
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ozone2002
Supreme |
05-Aug-2011 14:53
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i'm buying companies with good stable earnings that have been whacked down due to market sentiment.. business fundamentals hasn't changed..only the fear levels of market players.. gd luck! |
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chris168
Senior |
05-Aug-2011 14:52
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A sense of deja vu ... The lack of political will might just turn out to be a self-fulfilling prophecy ... |
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MasterNg9999
Senior |
05-Aug-2011 14:42
Yells: "Isnt Human center of the universe???" |
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Got this read by chance .. thought it might be good to share.... no mood to joke today..... Big Sht Incoming.. Submitted by Tony Pallotta of Macro Story Where Are The Markets Headed Next? Being honest, no one knows. But, using the current road map it appears we may have a little more selling before a decent move higher. Below is the updated 2007 " analog" as compared to the current market. Few interesting points. The move in 2007 from Point F to the next low was 15.3%. The market then rallied 10% before another leg lower. The current move from Point F to the current low is 11.1%. Interesting a 15.3% move from Point F would bring the SPX to 1,143 which is the rough target of the head and shoulder's pattern and where key support levels come into play. At some point this market will rally and will rally hard. Remember there are a lot of participants who view this selloff as excessive and based on fear. They view the macro data as a soft patch and see the Fed ready to launch QE3. When this market rallies they will be very loud in their " I told you calls." Many shorts with conviction after a day or two of market strength will in fact panic and begin to believe in the health of the economy contrary to what they know in their heart. When studying the 2007-08 chart remember Bear Stearns was " bailed out" by JPM in March 2008 which caused a multi month rally that preceded the epic selloff. My personal view is we are headed for a similar epic selloff. I'm not sure when but suspect it is sooner than most think. BAC breaking down could very well be the modern day LEH failure. We are surrounded by " black swans" right now from rumors of Italian run on the banks to failed Spanish auctions and more. http://www.zerohedge.com/news/guest-post-where-are-markets-headed-next Stay calm and be happy .... Cheer |
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Salute
Master |
05-Aug-2011 14:39
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the problem is buying today or monday? | ||||
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Salute
Master |
05-Aug-2011 14:37
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it may be worst after european market open. the 2900 forecasts is approaching. tis is not prediction, it's kind of history like what IPunter said, nobody knows(when and how terrible), only when it happened then will people see it. |
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susan66
Master |
05-Aug-2011 14:36
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So confident? Now can only hope you are right. Drop faster will rebound faster. 
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Isolator
Supreme |
05-Aug-2011 14:12
Yells: "STI is hard landing to below 2000..." |
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Whether there is rebound or not.... 2900 will be seen..... | ||||
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hpong5
Master |
05-Aug-2011 14:12
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Saw the Bloomberg analyzing the S& P 500 history, 4 out of 5 times this kind of plunge, the markets will rebound the following week.
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rotijai
Supreme |
05-Aug-2011 14:09
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just like how we derive the odds when we think tat we should buy big when small opens 7 out 8 times :)
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