Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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richtan
Supreme |
18-Aug-2009 14:31
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So now lau sai over liow and the wise tat dare to go and buy all the sai now richer, can now sell it as fertilizer whereas those tat follow them liao sar now still recuperating and anemic. ![]() ![]() ![]()
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idesa168
Elite |
18-Aug-2009 14:25
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Players are in the mkt now. It's finally moving now. |
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des_khor
Supreme |
18-Aug-2009 14:17
![]() Yells: "Tell me who is the God or MFT from this forum??" |
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Haha... because of this cause SSE lausai for two weeks...
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ronleech
Master |
18-Aug-2009 14:15
![]() Yells: "Believe in yourself. Ride with the waves......" |
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des_khor
Supreme |
18-Aug-2009 13:55
![]() Yells: "Tell me who is the God or MFT from this forum??" |
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Worst are over & future are bright.... this is just a temporary interruption by profit taking & short seller.. | |||||||
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aleoleo
Master |
18-Aug-2009 13:46
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small bull should make the market U-turn up on noon session .... SSE, Nikkei, HSI and STI .... go go go | |||||||
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aleoleo
Master |
18-Aug-2009 08:08
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today the regional market should rebound abit before the next up/or down, cause drop too much liao .... as said before even Dow drop 200 last nite is already factor in ..... we all expected the drop .... future already tell us will be sharp drop in US ... thus no worries, happy trading ... steady steady |
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cheongwee
Elite |
17-Aug-2009 23:50
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what is the characteristic of sucker rally??? first rally, optimistism ...drive the rally, usually more than 50% than correct 20%...next sucker rally up 20% then correct 35%.. so as the correction go, the up thrust got less and less but the down is deeper with every rally.... so fr sucker rally to sucker rally,,,it is up less and down more... and if HS Dent is spot on again this rd,,,,dow 3800 to 5000...then you will be knock out flat... i hope he is wrong... just last wk, he was sounding warning again...what the heck!!!..it really come today.. all along i though he is lucky, but to be lucky 70% of the time, then he is something...so we listen... |
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richtan
Supreme |
17-Aug-2009 23:49
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Below is my chart analysis for sharing and exchange pointers. My TA chart is posted to share n exchange pointers with those TA practitioner whom believes in TA. If u are a TA detractor, plse just ignore n refrain from peeping at my chart posting n start making unconstructive comments and plse do not be so childish or lunatic as to abuse the rating system by rating it as "bad post", accumulating for yourself and your next generation, "bad" karma for your "bad" deeds. If u think it is a bad post, then be constructive and kindly post your TA for sharing. This is only my view n I may be right or wrong, so dyodd and SOBAYOR. ![]() |
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cheongwee
Elite |
17-Aug-2009 23:36
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singaporegal is very observance...but it is an opportunity to make money, we know it is a sell down, right?and it is definitely going down, and going to push sti down, come tomolo, so why miss the $ making opportunity... so we shd sell along and buy back later at cheap...that is money to be make in this episode... so either you sell, and buy back later cheaper or you dont sell, but buy more later when mrkt go further down.... but if it is for real, then it got much more to go down, and you will lose big.... so the logic is to sell first...decide later and see how is the situation.. just like the last crash...we got to protect our profit, our investment... if it is real, then it go down fast, and you lose even more... ni doubt i see the rally not likely to end now, but it is 50% from low, so it is abt time for it to correct some 20 to 30%... though it may not be a straight line down all the way....which me wrong...and we continue to make $$$... |
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singaporegal
Supreme |
17-Aug-2009 21:49
![]() Yells: "Female TA nut" |
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The trading volume today isn't extra-ordinarily large even though the STI fell 85 points. I wouldn't consider this the start of another "downturn" yet. The STI was particulary vulnerable because many stocks were simply overbought for a long time. Players were just waiting for an excuse to trigger a sell off. |
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DnApeh
Master |
17-Aug-2009 21:39
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tonight need to do homework prepare shopping list. | |||||||
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cheongwee
Elite |
17-Aug-2009 19:03
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in fact, it correct now is more than enough for us to make alot of $$$...we shd be grateful...it shd have been earlier..in July.. but i dont see it end so soon..either...give it 400 to 500 pts drop for 2 days,then it will be back to business. it is good...more room for it to soar..for us to make even more $$$.... |
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MsAloevera
Member |
17-Aug-2009 19:00
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Many longs sure hope u are right...
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MsAloevera
Member |
17-Aug-2009 18:51
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Many ppl talked about correction.... anyone thinks we are in a reversal already... | |||||||
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ticklish8
Senior |
17-Aug-2009 18:01
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Singapore market report.... Aug. 17 (Bloomberg) – The Straits Times index dropped 3.3 percent to 2,545.98 at the close, the most since March 30. All but the gauge’s 30 members declined. The following shares were among the most active in the market today. Stock symbols are in parentheses after company names. Rig Builders: Shares of Keppel Corp. and SembCorp Marine Ltd. declined after Credit Suisse AG downgraded its rating for the offshore and marine engineering sector to “underweight” from “market weight,” saying earnings estimates “appear unrealistic.” Keppel Corp., the world’s biggest builder of oil rigs, dropped 3.6 percent to S$7.76. SembCorp Marine, the world’s second-biggest rig builder, declined 6.6 percent to S$3.12. Palm oil suppliers: Crude palm oil for October delivery fell as much as 3.1 percent in Kuala Lumpur today, extending its 2.9 percent drop on Aug. 14. Golden Agri-Resources Ltd. (GGR SP), the world’s second-biggest palm oil producer, slumped 7.9 percent to 46.5 Singapore cents. Indofood Agri Resources Ltd. (IFAR SP), the palm oil unit of Indonesia’s biggest noodle maker, declined 5 percent to S$1.72. Wilmar International Ltd. (WIL SP), the world’s biggest palm oil trader, lost 4.6 percent to S$6.25. Citigroup Inc. downgraded Wilmar to “sell” from “buy,” saying a four-month rally made valuations unattractive. KS Energy Services Ltd. (KST SP), the maker of drilling equipment for the oil and gas industry, lost 4.7 percent to S$1.21. The company said profit in the second quarter declined 37 percent to S$12.8 million as demand for oilfield services declined. QAF Ltd. (QAF SP), the maker of bread and confectionary products, added 2.2 percent to 47 Singapore cents. The company said it posted a profit of S$14.06 million in the second quarter, compared with a loss of S$3.56 a year ago. Rickmers Maritime Singapore (RMT SP), a container shipping company, dropped 21 percent to 46.5 Singapore cents after the trust slashed its dividend payout for the second quarter by 73 percent. Rickmers Maritime wants to save cash as it faces re- financing risks and a potential breach of loan covenants. The stock fell as much as 25 percent to 44 Singapore cents earlier, the worst since it started trading in May 2007. Tat Hong Holdings Ltd. (TAT SP), the supplier of tower cranes used in construction, sank 7.3 percent to S$1.14. The company said profit in the first-quarter ended June 30 declined 62 percent to S$12.1 million from a year ago. For Related News and Information: Global stock stories: TOP STK GO Singapore stock stories: NI SPS GO For most read Asian stories: MNI ASIA GO World equity index monitor: WEI GO World equity valuations: WPE GO –Editors: Sam Waite, Nick Gentle. To contact the reporter on this story: Jonathan Burgos in Singapore at +65-6212-1156 or jburgos4@bloomberg.net. To contact the editor responsible for this story: Darren Boey at +852-2977-6646 or dboey@bloomberg.net -0- Aug/17/2009 09:39 GMT 08-17-09 0539EDT |
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cheongwee
Elite |
17-Aug-2009 17:19
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No wonder the $ soar...safe haven again...what the heck!!! cheongpeter...you sold right today...no worry...buy cheap later... you sell more then me...i cut loss..for today buy in the morning, but cut when i see future down alot and $ strengthen a really bad sign.... got to cut ...u must cut fast.....sell first together with the market....talk later... |
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ticklish8
Senior |
17-Aug-2009 17:14
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HONG KONG/SHANGHAI, Aug 17 (Reuters) - Chinese stocks tumbled 5.8 percent to their lowest close in two months on Monday, posting their biggest daily percentage drop in nine months on worries about added share supply and commodity price declines. Hong Kong shares posted their steepest drop in 4-{ months of 3.6 percent on Monday, tracking a sharp drop on the Shanghai bourse and after U.S. consumer confidence data darkened the global economic outlook. “Definitely not a capitulation ... just that things were looking a bit overdone,” said Andrew Sullivan, sales trader with MainFirst Securities. “The markets have had a good run but a lot of people are still undecided on which way they will continue to move, so when there’s some bad news like the U.S. data, it’s not unusual to see some people take their money off the table.” Investors are expected file back into the market if the main index in Hong Kong slips below 20,000 points, a key psychological level on the benchmark. But the mood among mainland Chinese investors was gloomy, with the main index down 17.5 percent from its 14-month high of 3,478 points hit two weeks ago. “The downtrend is clear. The index has not found a safe floor yet. Everbright’s listing, regulators’ warnings to banks on risk and a gloomy commodity market triggered panic selling,” said Tang Yonggang, chief strategist at Hong Yuan Securities. In recent weeks, concerns mounted that this year’s rally of more than 90 percent had got far ahead of China’s economic recovery, especially after July economic data released last week suggested that the recovery was taking a breather. Major brokerage Everbright Securities will list its shares in Shanghai on Tuesday after raising 10.96 billion yuan ($1.60 billion) in its initial public offering. COMMODITY STOCKS BEATEN DOWN The Shanghai Composite Index closed down 176.342 points at 2,870.630, extending last week’s 6.6 percent drop. Losing Shanghai A shares outnumbered gainers by 914 to 23, with more than 100 Shanghai A shares sinking by their 10 percent daily limit. Turnover for Shanghai A shares dropped to 136.9 billion yuan ($20.0 billion) from Friday’s 145.8 billion yuan. “Market volatility continued today and will continue into the near term because of uncertainties surrounding China’s economic recovery and government policy towards the stock market,” said Zhou Lin, stock analyst at Huatai Securities in Nanjing. In Hong Kong, Chinese bank stocks were the top traded counters as investors, fearful of likely monetary tightening in China, booked profit. China Construction Bank was down 2.8 percent, while Bank of China slid 3.9 percent. The benchmark Hang Seng Index finished 755.68 points lower at 20,137.65, its lowest closing level since end-July. The China Enterprises Index, which represents top locally listed mainland Chinese stocks, was down 4.2 percent at 11,395.01. Ping An Insurance shrank 5.9 percent after posting a 38.8 percent drop in its first-half profit. Oil and coal shares were weak as oil prices fell below $67 per barrel, extending their biggest drop in two weeks on Friday. PetroChina, the most-heavily weighted stock in the index, lost 6.1 percent to 13.09 yuan, while China Shenhua Energy skidded 6.4 percent to HK$30.55. Metals shares were hit by a slide in Shanghai metals futures prices, with Jiangxi Copper sagging by its 10 percent daily limit to 37.37 yuan. Yunnan Copper, China’s third-largest copper producer, also dropped by its 10 percent limit to 29.84 yuan after posting a first-half loss. China on Monday posted a 10th straight monthly fall in foreign direct investment for July, although a commerce ministry spokesman expressed optimism about China’s export outlook. China has also set up a committee to approve IPOs for its planned Nasdaq-style second board that will begin deliberations in September, marking another major step towards the formal launch of the market which will add further to equity supplies. China’s top banking regulator urged the heads of leading Chinese banks late on Friday to bolster risk management and strictly monitor capital flows as conditions remained serious. “The Shanghai Composite Index has little potential to recover its 2009 high of nearly 3,500 any time soon, as investor sentiment was severely hit by the market’s recent fall,” said Huatai’s Zhou. (Editing by Edmund Klamann and Chris Lewis) |
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cheongwee
Elite |
17-Aug-2009 17:12
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Actually, we must join in and sell, because u already know tomolo what will it be..., it will get cheaper... that is why i always suggest just a few counter easy to unload.... sold all today....next few day will be cheap sale....the fear have yet to be....it is late summer than thing will get urgly...this is just the beginning..but rally have yet truly end...rally to last till late summer.. but for now why go against market and miss a opportunity to make $$$...sell today buy cheap 2 to 3 day later.. i thk this is it...the start of a big correction , and then either we crack under the crises in summer or we bull thro 2009 to 2010... which way u say???...i pray for bull. |
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i780samsung
Member |
17-Aug-2009 17:12
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S'pore July private home sales soar to record high
The Urban Redevelopment Authority (URA) website showed developers sold 2,767 private homes in July, smashing the previous monthly record of 1,825 units that was set in June. Mohamed Ismail, CEO of PropNex, a real estate broker, noted that over 40 per cent of sales involved mid- to higher-tier homes costing above S$1,000 ($692) per square foot, indicating the boom was no longer restricted to cheaper apartments. The higher selling prices were also 'a result of developers reacting to consumers' demand and raising the prices', he added. The URA data showed that City Developments, Fraser & Neave's property arm Frasers Centrepoint and banker Wee Cho Yaw's UOL Group were among developers with the largest number of sales. National Development Minister Mah Bow Tan said last month that there were signs of speculation in Singapore's property market and warned the government may step in to calm the market. Private home sales in Singapore, Hong Kong and China have soared since February this year, despite the weak global economy, helped by low interest rates and the huge amount of savings amassed by many households. -- REUTERS |
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