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STI to cross 3000 boosted by long-term investors
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cheongwee
Elite |
24-Jun-2009 17:09
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i am refering to blues chip..pls NO mid cap and pennies...actually, we shouldn't even bother with these mid cap and pennies....they are good for rally like this one.. most of the managemenet are suck...they squander away invester fund after getting more $ fr shr holder thro right issue.. forget abt them...if next leg nw..look at CityDev, SPH, SIA,.Sembmarine..starhub.are some of my favourite...you never really got to follow them day and night like u do to mid cap and pennies. right nw, i am speculating on them(pennioes and mid cap) to make $...that all to it...most of the time i dont even bother to read abt them.
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cheongwee
Elite |
24-Jun-2009 17:00
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no matter what , i still see sti 2600 to 2800...dow to 9500 to 9800..gold to 800...oil to 85..all tg valid till sept....after that, we see again. | ||||
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iPunter
Supreme |
24-Jun-2009 16:55
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It happens... Sometimes, you can queue to buy 500 lots, but end up with only 1 lot being done... you can get snooked this way too...
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cyjjerry85
Elite |
24-Jun-2009 16:17
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whoa...unexpectedly it did surge in terms of acceleration in volume climb to hit past the 1000.0 mark
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aleoleo
Master |
24-Jun-2009 16:11
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do not put a high hope DOW will perform tonite .... future still pointing low .... and there wasn't any good news at all ..... be cautious |
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niuyear
Supreme |
24-Jun-2009 15:57
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Whether market is in bear or bull, there is always trading opportunities to trade up or down for those very experienced traders and investors and i am sure there are rallies to be anticipated. Cheers! My post below (about secular bear market) is just for information .
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keepnosecrets
Master |
24-Jun-2009 15:48
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The waiting game is on. I am not very sure if this is a consolidation or is it a long straight line for the market just lilke some MFTs predicted; a square root sign.
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niuyear
Supreme |
24-Jun-2009 15:47
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Stocks May Be Destined to Drop Below March’s Lows: Chart of Day
By David Wilson
June 22 (Bloomberg) -- U.S. and European stocks are destined to fall below March’s lows if bear-market history is any guide, according to Jim Reid, a strategist at Deutsche Bank AG. Share prices tend to hit bottom “at extremely cheap levels” relative to earnings during so-called secular bear markets, Reid wrote five days ago in his first equity strategy report. Secular bears consist of multiple rallies and declines, with each slump producing lower valuations than the prior one. The CHART OF THE DAY shows the Standard & Poor’s 500 Index’s price-earnings ratio since 1900, based on data compiled by Yale University’s Robert Shiller and cited in Reid’s report. Shiller calculated the P/E ratio at 6.6 in September 1982, just before the 1980s bull market started. The gauge sank to less than six in the depths of the Great Depression and at the beginning of the 1920s. This year, it has stayed above 13. “History tells us that at some point in the next decade there will be much more stressed valuations than today and a once-in-a-generation buying opportunity,” wrote Reid, who previously focused on credit-market strategy. Even “a large rally” later this year and into 2010 may not be enough to prevent this scenario from unfolding, he added. The S&P 500 has climbed as much as 40 percent from its March 9 lows. Reid’s European benchmark, a local-currency version of the MSCI Europe Index, has risen as much as 33 percent |
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cyjjerry85
Elite |
24-Jun-2009 15:45
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how to even cover brokerage commission
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keepnosecrets
Master |
24-Jun-2009 15:44
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I tend to think that the slow market is waiting to spring to life, but the time has not come yet! | ||||
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niuyear
Supreme |
24-Jun-2009 15:43
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The market is in so-call 'cecular bear market' where it consist multiple rallies and declines,with each slump producing lower value than the previous one. The market might fall below March's low. The Deutch's bank strategist reported. |
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erictkw
Veteran |
24-Jun-2009 15:32
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To the extend that someone just bought 1 lot of Sunmoon at 0.005. | ||||
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cheongwee
Elite |
24-Jun-2009 15:20
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yes, it is worrying...up mrk low vol and down mrk high vol..are equally no good..
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iPunter
Supreme |
24-Jun-2009 15:03
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Big boys holding back and not buying... Small investors snapping up shares which the big boys release to them bit by bit at high prices... That's why the market is rising on low volume... 
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cyjjerry85
Elite |
24-Jun-2009 14:44
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are we even going to hit the 1000.0M mark today....? doubt so super low volume ...reminds me of last year
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cheongwee
Elite |
24-Jun-2009 14:30
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This is the truth...Eastern Europe got to burst someday , somehow...and lot of crises cause by subprime will burst one after another...now and then for the next 2 to 3 years...how big is anyone guess...But Roubinin, NY economic professor is very pessimitic over the next 2 to3 yrs.. |
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des_khor
Supreme |
24-Jun-2009 14:17
Yells: "Tell me who is the God or MFT from this forum??" |
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Just like NOL just 2 months back most MFTs TP below $1.... today got one of MFT up TP to $2.... haha ! this joker really make my toe laugh man... They think we are idiot?
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dealer0168
Elite |
24-Jun-2009 13:57
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Haha des_khor, emm i like yr reply. Sometime i also think why some Bank/ investing company keep upgrading some share. I remember there is a share that has been upgraded for 3 times (if i did not rem. wrongly) this year by a bank/ investing company. In the end after the 3rd upgrade, the price surge up high & the next few days it keep dropping. Maybe the bank/ investing company profit from the surge already. But quite possible loh yr answer. However, my own opinion is 2600 is still quite reasonable lah. Let us continue monitor, cheers.
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cheongwee
Elite |
24-Jun-2009 12:57
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I have changed my tg date to Aug..gd luck to all
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des_khor
Supreme |
24-Jun-2009 11:41
Yells: "Tell me who is the God or MFT from this forum??" |
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I think they stuck some shares on hand need to sell it ...
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