Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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ozone2002
Supreme |
02-Sep-2009 09:01
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Wah i see market open.. most of the blue chip gap down.. panic @ the disco!! |
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ronleech
Master |
02-Sep-2009 08:52
![]() Yells: "Believe in yourself. Ride with the waves......" |
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Light volume sell down...dun panick... | |||||||||||||||
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ozone2002
Supreme |
02-Sep-2009 08:48
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been sending out warning signals.. that insiders are selling at a fast pace.. oblivious to the retailers.. how can the rally sustain.. DYODD but it's good the markets correct.. can pick up cheap |
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aleoleo
Master |
02-Sep-2009 07:33
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this kind of stock market really hard to predict, with all the good data release we expect it up but it close down ....... the selling pressure has begun .......... the fear now spread to US market ....China already happened ...... US market rebounded more than 50% from March low, now they thinking the Uptrend is too much and over which is not tally with the actual facts .... thus they start dumping financial shares ........ China have already started this kind of selling since last month, remember ? there were few days drop more than 5% and the latest is on Monday (-ve 6.7%) ..... of course we dun expect China and HK drop like hell like US last nite, but should open down and close up in narrow range ..... if SSE and HSI close up in GREEN, really a great great bonus liao ...... cheers ..... pray hard ..... |
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iPunter
Supreme |
02-Sep-2009 06:52
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Whether the Dow goes up or down on Thursday... or for tha matter Friday too, is not the least significant... What is significant is where the Dow will be next month, or in three months time!... ![]() |
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cheongwee
Elite |
02-Sep-2009 00:52
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with all data ok...can dow down again on Thursday? what is the chance?..so i thk a one day event.. if got profit, might well bet with it..stay..bet with the profit and no more...if loss...loss all profit that is all.. i dont thk Thursday will be down again... no bad news and market is down..with all those good news..it shd be up 150pts... really a bit of frustration like integrity said... |
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DnApeh
Master |
02-Sep-2009 00:48
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Thanks. But must follow the plan. If sell wrongly, the most buy back higher. If sell correctly, may get to buy more.
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cheongwee
Elite |
02-Sep-2009 00:46
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i believe it is a one day event lah...today all financial down some 10 over %..AIG down 20%...that is enough.. so dont take drastic action...come Thursday, u regret..pl dyodd...but if you over invest...yes cut some.
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DnApeh
Master |
02-Sep-2009 00:44
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If trailing stops activated, i sell the whole lot lor, actually still got profits lah. But say cut loss sounds more drama mah.
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cheongwee
Elite |
02-Sep-2009 00:43
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what abt those profit u make?? so can we say cut less profit....not cut loss...
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cheongwee
Elite |
02-Sep-2009 00:41
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u means those u bought today ,right?
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DnApeh
Master |
02-Sep-2009 00:37
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tomorrow likely to be cut-loss day. Long time never cut loss liao. About time. LOL!! | |||||||||||||||
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richtan
Supreme |
01-Sep-2009 23:38
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U.S. Stocks Drop as Slump in Financials Offsets Economy Data By Lynn Thomasson Sept. 1 (Bloomberg) -- U.S. stocks fell, led by financial shares, as concern the recent rally in equities outpaced the outlook for earnings overshadowed data on manufacturing and pending home sales that topped economists’ estimates. American International Group Inc. and MetLife Inc. declined after analysts said the insurers’ shares have risen too far, too fast. Marshall & Ilsley Corp. and SunTrust Banks Inc. led declines in 20 of 24 companies in the KBW Bank Index. “The future for the banks is not as muddy as it was too quarters ago, but it’s still not clear,” said Don Wordell, the Orlando, Florida-based manager of the RidgeWorth Mid-Cap Value Equity Fund that has outperformed 94 percent of rivals in the past five years. “The market can’t sustain these huge moves.” The Standard & Poor’s 500 Index lost 0.7 percent to 1,013.58 at 11:11 a.m. in New York. The Dow Jones Industrial Average decreased 73.98 points, or 0.8 percent, to 9,422.33. U.S. stocks have fallen for three straight days on growing concern the rebound in equities may have gotten ahead of the prospects for a recovery from the first global recession since World War II. A 52 percent jump in the S&P 500 from an 11-year low in March left the equity benchmark valued at about 19 times the profits of its companies as of the end of last week, the most expensive level since June 2004. The 50 percent rally in Europe’s Dow Jones Stoxx 600 Index over the same period drove the average price-earnings valuation for its companies to the highest level since 2003. Bearish Bets Paul Tudor Jones’s Tudor Investment Corp., Clarium Capital Management LLC and Horseman Capital Management Ltd. are among funds betting that Goldman Sachs Group Inc. and Morgan Stanley got it wrong in declaring the start of an economic recovery. The firms oversee a combined $15 billion in so-called macro funds, which seek to profit from economic trends by trading stocks, bonds, currencies and commodities. The S&P 500 added 3.4 percent in August for a sixth straight monthly advance, the longest stretch of gains since January 2007, as reports from consumer confidence to home sales signaled an economic recovery. September is historically the worst month for U.S. stocks, with the benchmark index losing 1.3 percent on average since 1928, according to data compiled by Bloomberg. Valuations for U.S. stocks look “marginally stretched” compared with other developed markets, Credit Suisse said in a research report. Strategist Andrew Garthwaite predicted American equities will underperform when the Institute for Supply Management’s manufacturing index is above 50 and rising. To contact the reporter on this story: Lynn Thomasson in New York at lthomasson@bloomberg.net. Last Updated: September 1, 2009 11:12 EDT
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michgemini
Member |
01-Sep-2009 23:26
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Could it be coz of the news that new manufacturing job is unlikely despite a rise in the manufacturing index and demand? Saw the article posted 20 min ago on cnn....hmm.. hope will be green by the end of the day. | |||||||||||||||
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Peg_li
Master |
01-Sep-2009 23:07
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Dow a little bit funny, with so many good data, but it still turns red. What does it mean? any advice? |
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maxcty
Master |
01-Sep-2009 23:03
![]() Yells: "always a learning day for me in trading" |
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my view is..tmr STI/HSI/SSE wont soar much..just hope it wont bleed alot. good luck to all tmr. |
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cheongwee
Elite |
01-Sep-2009 22:58
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i thk if market cannot soar on good set of data, we better be on the alert...everyone must take action and fast...pls dyodd..... | |||||||||||||||
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ronleech
Master |
01-Sep-2009 22:12
![]() Yells: "Believe in yourself. Ride with the waves......" |
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DnApeh
Master |
01-Sep-2009 22:11
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OK, i think that is wise. May the trend be with you.
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cheongwee
Elite |
01-Sep-2009 22:08
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i got many counter already, what i do is to ave up all my counter...cant monitor so many stock.. all my counter are hot stuff...i am lucky so far...thk God.. got only 3 monitors..only..
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