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Latest Forum Topics / Straits Times Index  Post Reply
STI to cross 3000 boosted by long-term investors
cathylmg
Elite
16-Feb-2011 15:25     
 
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 Alert Admin 		Could have missed it if not for marking your nickname and tracking it everyday. Nice to see you back!

victorf      ( Date: 16-Feb-2011 12:02) Posted:

Market should recover in the next few days starting from today....after a long ping-pong between 3200 over 4-5 months, the movement over the next two weeks will decide the whole year (or even plus next year) market trend...as of now, one do not need to be so bearish or bullish....remember the principles of NEVER LOSE MONEY, BE DISCIPLINE and MARKET IS ALWAYS RIGHT!!!
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KiKiKi
Member
16-Feb-2011 14:49     
 
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Lets wait a few more days.

If your " Buy mid Feb2011, & sell end Mar2011..." turns out to be right.

Your nick can change from " Hercules" to " Zeus" liao.


Bon3260      ( Date: 15-Feb-2011 13:19) Posted:



When I was in e Army during 18.
My NS pple used 2 give me a nick name.
They called me " Hercules" .
Not b'cos I'm big size wif gd looking face & not bcos my gf looked alike Zena.

It's bcos they said I'm half god hald man can read futures…

 

('',)

By honestly, I myself'll feel vomit too aft reading tis... Hehehehehe...
But  dat was  true. They called me Hercules...
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SGG_SGG
Master
16-Feb-2011 14:44     
 
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 Alert Admin 		No, GRIZZLY.

des_khor      ( Date: 16-Feb-2011 14:43) Posted:

Koala ?
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des_khor
Supreme
16-Feb-2011 14:43     
 
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alooloo
Veteran
16-Feb-2011 14:40     
 
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truely a  big bear ?

 

risktaker      ( Date: 16-Feb-2011 14:32) Posted:

Should take profit if u have....

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risktaker
Supreme
16-Feb-2011 14:32     
 
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 Alert Admin 		Should take profit if u have....
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goondusamy
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16-Feb-2011 14:20     
 
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 Alert Admin 		Just buy CHINA JISHAN I suppose eh...(," )

Hulumas      ( Date: 16-Feb-2011 13:04) Posted:

Just buy . . . DBXT S& P short USD! at USD. 42.42 will do good to you! CAVEAT EMPTOR.

krisluke      ( Date: 16-Feb-2011 13:00) Posted:

any HOT picks recently Smiley
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krisluke
Supreme
16-Feb-2011 14:05     
 
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GM will continue to invest heavily in China


GM Chairman says, we will continue to invest heavily in China

General Motors (NYSE:GM) will continue investing aggressively in China, the largest market of General Motors, Chairman and CEO Dan Akerson said Tuesday.

China has played a significant role in GM’s success in Y 2010, he said at a media briefing in Beijing.

In Y 2010, GM and its Joint Ventures sold a record 2.35 million vehicles in China’s domestic market.

“GM will continue to make China one of our priorities,” said Akerson. “We plan to introduce more than 20 new and upgraded models over the next 2 yrs,” he said.

Akerson stressed the importance of GM’s local relationships.

“We regard our 11 domestic joint ventures as 11 Keys to our success in China,” he said, “To remain a global industry leader, GM must remain an industry leader in China,” he said.—Paul A. Ebeling, Jnr. www.livetradingnews.com
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bsiong
Supreme
16-Feb-2011 13:59     
 
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Midday Commentary - 16 Feb 2011

Technical Outlook for STI (byocbc)

The retreat by US stocks overnight continued to cast a pall on the local bourse this morning

Following a flat opening, the STI swung between the positive and negative region through the entire morning. (down 0.5% at intraday low and up 0.2% at intraday high) before ending midday flat again this suggests that near term sentiment remains mixed.

Overall volume traded fell 18% to 624m units, compared to around 758m yesterday morning, while average value per share climbed to S$1.30 versus S$0.93 seen during last yesterday’s AM session. Meanwhile, winners and losers are pretty even at 176 to 197. 

Technically, the index seems to displaying signs of a bearish reversal at the upper boundary of its 12-day intraday downtrend channel at the moment. And with the intraday MACD indicator already on the verge of a bearish crossover, we could see sentiments turning more downside biased in the afternoon.

We continue to monitor the 3120 level (key support-turned-resistance) carefully for now. As long as this key level is not is convincingly re-taken, the risk of further correction in the weeks ahead remain rather high.
   
Beyond the 3120 key resistance, the subsequent resistance can be found at 3180 (support-turned-resistance). On the downside, we continue to peg the key support at 3043 (key resistance-turned-support), followed by 3000 (key psychological support).

Resistances and Supports

2nd resistance

3180

support-turned-resistance

1st resistance

3120

key support-turned-resistance

Current value

3079.72

at midday close

1st support

3043

key resistance-turned-support

2nd support

3000

key psychological support



 


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krisluke
Supreme
16-Feb-2011 13:49     
 
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World Bank Chief says, Global food prices at dangerously high level

Rising food prices are at a dangerous level, and Global co-operation is needed to tackle the increasingly challenging issue, World Bank Group President Robert B. Zoellick said on Tuesday.

Global food prices are “threaten tens of millions of poor people around the world,” Zoellick told reporters at a teleconference here in Washington. “Now food security is a Global security issue.”

According to data released by the Washington-based international financial institution, rising food prices have driven an estimated 44 million people into poverty in developing countries since last June as food costs continue to rise to near Y 2008 levels.

The latest edition of Food Price Watch, a research publication by the World Bank, showed that its food price index rose by 15% between October 2010 and January 2011. It is 29% above its level a year earlier and only 3% below its Y 2008 high.

The World Bank Chief called for the international community to be aware of the risks and set the food security issue on the top agenda of the coming G-20 meeting of finance ministers and central bank governors in Paris.—Paul A. Ebeling, Jnr. www.livetradingnews.com

Trading a Food Crisis

The United Nations Food and Agricultural Organisation said record food prices in December were 25 per cent higher than a year earlier.

The warning follows a key world Food Price Index reaching a record 215 points in December, up 4 per cent from November and one point above its previous record during the food crisis in 2008.

Meat and Livestock Australia chief economist Tim McRae said demand was growing steadily for lamb, beef, pork and chicken as the world economy recovered after the Global Financial Crisis.
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krisluke
Supreme
16-Feb-2011 13:06     
 
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 Alert Admin 		Buy  Oversea Chinese Bank Corp (OCBC).
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Hulumas
Supreme
16-Feb-2011 13:04     
 
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 Alert Admin 		Just buy . . . DBXT S& P short USD! at USD. 42.42 will do good to you! CAVEAT EMPTOR.

krisluke      ( Date: 16-Feb-2011 13:00) Posted:

any HOT picks recently Smiley

victorf      ( Date: 16-Feb-2011 12:02) Posted:

Market should recover in the next few days starting from today....after a long ping-pong between 3200 over 4-5 months, the movement over the next two weeks will decide the whole year (or even plus next year) market trend...as of now, one do not need to be so bearish or bullish....remember the principles of NEVER LOSE MONEY, BE DISCIPLINE and MARKET IS ALWAYS RIGHT!!!
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krisluke
Supreme
16-Feb-2011 13:03     
 
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So powerful . what signal is this ? Pc can't read...

cheongsl      ( Date: 16-Feb-2011 07:05) Posted:



Only one signal of reversal, and only see previous support becoming resistance, now might be moving in narrow bend of 3039 to 3121 areas.

 



 

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rickyw
Master
16-Feb-2011 13:02     
 
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 Alert Admin 		yangjiziang

krisluke      ( Date: 16-Feb-2011 13:00) Posted:

any HOT picks recently Smiley

victorf      ( Date: 16-Feb-2011 12:02) Posted:

Market should recover in the next few days starting from today....after a long ping-pong between 3200 over 4-5 months, the movement over the next two weeks will decide the whole year (or even plus next year) market trend...as of now, one do not need to be so bearish or bullish....remember the principles of NEVER LOSE MONEY, BE DISCIPLINE and MARKET IS ALWAYS RIGHT!!!
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krisluke
Supreme
16-Feb-2011 13:00     
 
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 Alert Admin 		any HOT picks recently Smiley

victorf      ( Date: 16-Feb-2011 12:02) Posted:

Market should recover in the next few days starting from today....after a long ping-pong between 3200 over 4-5 months, the movement over the next two weeks will decide the whole year (or even plus next year) market trend...as of now, one do not need to be so bearish or bullish....remember the principles of NEVER LOSE MONEY, BE DISCIPLINE and MARKET IS ALWAYS RIGHT!!!
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yummygd
Supreme
16-Feb-2011 12:12     
 
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 Alert Admin 		yeah!!!!! victorf is back....

victorf      ( Date: 16-Feb-2011 12:02) Posted:

Market should recover in the next few days starting from today....after a long ping-pong between 3200 over 4-5 months, the movement over the next two weeks will decide the whole year (or even plus next year) market trend...as of now, one do not need to be so bearish or bullish....remember the principles of NEVER LOSE MONEY, BE DISCIPLINE and MARKET IS ALWAYS RIGHT!!!
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des_khor
Supreme
16-Feb-2011 12:05     
 
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 Alert Admin 		good news ! to see you here again ! buy ah !!
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victorf
Master
16-Feb-2011 12:02     
 
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 Alert Admin 		Market should recover in the next few days starting from today....after a long ping-pong between 3200 over 4-5 months, the movement over the next two weeks will decide the whole year (or even plus next year) market trend...as of now, one do not need to be so bearish or bullish....remember the principles of NEVER LOSE MONEY, BE DISCIPLINE and MARKET IS ALWAYS RIGHT!!!
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SGG_SGG
Master
16-Feb-2011 11:55     
 
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Yells: "karma karma karma chameleon"
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 Alert Admin 		Worst still dunno whether can stay green...

rickyw      ( Date: 16-Feb-2011 11:54) Posted:

struggle  just to be green..
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rickyw
Master
16-Feb-2011 11:54     
 
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 Alert Admin 		struggle  just to be green..
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