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STI to cross 3000 boosted by long-term investors
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victorf
Master |
14-Sep-2009 16:55
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still the same call....good luck
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des_khor
Supreme |
14-Sep-2009 14:04
Yells: "Tell me who is the God or MFT from this forum??" |
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Haha.... US don't buy China Tyres so what ?? everyone down except SSE still up up !!! See US no up !! | ||||
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DnApeh
Master |
14-Sep-2009 09:42
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i still buy dip | ||||
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iPunter
Supreme |
14-Sep-2009 09:06
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The market is weakened by the market leader's (GentingSp) downward performance...  |
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ozone2002
Supreme |
14-Sep-2009 09:03
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i'm buying put warrants when STI rises... technical indicators for STI showing overbought and resuming its downtrend.. |
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iPunter
Supreme |
14-Sep-2009 08:59
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The market usually 'quietly' advances when there's much talk of doom and great 'intellectual' doubts...
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kellychang
Master |
14-Sep-2009 08:54
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dow future -80... so anybody going to short? |
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des_khor
Supreme |
13-Sep-2009 23:21
Yells: "Tell me who is the God or MFT from this forum??" |
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Don't take it so seriously about them lo... this is something like two brothers quarrel lo!
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HLJHLJ
Veteran |
13-Sep-2009 23:16
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Any possible year-end rally this yr? Look beyound sep/oct, if there is a chance, then good. Another issue is trade war bet US and China (read today's paper). Any comments on this? |
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dealer0168
Elite |
12-Sep-2009 23:31
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Already participate, now still seeing what other counter can play. Now got quite a few counter in hand already.
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boyikao3
Master |
12-Sep-2009 23:16
Yells: "Money or reputation ?" |
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The market is anything but "random". Observe carefully what news are going to be reported when the STI hit 2800-3100 (coming very soon!). Then monitor economic news thereafter this target has been hit. Then you tell me if price follows news or vice versa and we can discuss from there.
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DnApeh
Master |
12-Sep-2009 22:57
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don't just monitor. participate actively lah.
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dealer0168
Elite |
12-Sep-2009 22:27
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Should be soon. Any longer, not much news to push any more. And this up should be strong one. Let continue with the monitoring. |
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thomas_low
Veteran |
12-Sep-2009 22:26
Yells: "Gong Xi Money Made" |
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Do you mean the stock prices do not follow news but go in a random way? Maybe I am a bit homer simpson, as far as I can remember share market do follow news, especially official data. I dont think spreading fear of double dip on this little sparingly visited web site can change a bit of things, big boys are focusing on Bloomberg terminals (have you use them before? they are great, pretty informative and you can feel the mrket) not Sharejunction forum. This site is good to feel the retail investor feeling...hehe..
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boyikao3
Master |
12-Sep-2009 22:10
Yells: "Money or reputation ?" |
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Dun worry, STI will definitely sure clear 2700 and 2800 no sweat! Then after this is the region to be cautious, not now lah!
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boyikao3
Master |
12-Sep-2009 22:07
Yells: "Money or reputation ?" |
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This scenario is only true if you believe that price fluctuation in stock market follows news. If you do a simple research on how good news and bad news affect the stock market, you will be very disappointed indeed.
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smartrader
Elite |
12-Sep-2009 21:52
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...this period is a test of your belief in the long term prospects of your portfolio..esp. your porfolio is build up since Jan to Mar |
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thomas_low
Veteran |
12-Sep-2009 21:51
Yells: "Gong Xi Money Made" |
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Freeme, I think I share the same view, it the snake is nearby it is not next week, I can only see ladders in the next week or so. The vision of double dip only make the shares go sideways rather than down for the next few months, I see double dip if happen will only be next yeat when the good news runs out and the gov stimulants soaked up in expensive stock prices. Employment has been getting less worst for last three months, so difficult for people to believe the double dip will happen now, we need at least 2 months of unemployment getting worst news for the third one to trigger the avalanche. If any of the month the unemployment gets worst then we should be prepared. There will be minor correction to adjust prices to healthy trend from time to time, this is given, 3 up 3 down, 4 up 2 down, 5 up 4 down..etc..general trend is up for the next few months. |
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freeme
Elite |
12-Sep-2009 21:38
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With no major bad news, sti will have to chance to break out next week. I hope so.. b4 we prepare for a maybe big correction in Oct and back to rally form on Nov.. | ||||
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dealer0168
Elite |
12-Sep-2009 21:04
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As for the STI, it did manage to briefly cross 2,700 when it peaked at 2,707 in intraday trading on Thursday, an occurrence which would no doubt give confidence to momentum traders and chart watchers alike. Among these would be local broker CIMB, which on Thursday went a bit against the grain when it urged investors to stay long and adopt a contrarian position vis-a-vis conventional wisdom that September is traditionally a bad month for stocks. By CIMB's reckoning, the present run will probably end when the STI nears 3,350, which is about 2x price/book value. |
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