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STI to cross 3000 boosted by long-term investors
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cathylmg
Elite |
15-May-2009 23:00
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So long already then disclose. Initial shock definately got, but don't think impact as deep as if disclosed in Mar. | ||||
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aleoleo
Master |
15-May-2009 22:31
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just now channel 8 news also reported le, confirmed la, no hearsay |
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matthewsoh
Senior |
15-May-2009 21:58
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you dont get this news first hand in CNA de lah ... i rely on bloomberg, reuters and hearsay ... Big news must be filtered what .... BUY high sell low !!! sound like me , a stupid retail investor .. lost about 4K on that... but is lim bei de money leh hhhh ... $4 billion is whose money ya ?
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des_khor
Supreme |
15-May-2009 20:52
Yells: "Tell me who is the God or MFT from this forum??" |
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well said !! we cut lost only help the shortlist .... we should buy some more if drop further !!
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cathylmg
Elite |
15-May-2009 18:44
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But I'm only referring to blue chips and second liners. | ||||
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iPunter
Supreme |
15-May-2009 18:36
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Hahaha... you are right... It is very common to experience this all the time... After you've sold, the stock goes up. ... After you've bought, the stock goes down... 
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cathylmg
Elite |
15-May-2009 18:29
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It can't be 'up up and away' all the time right? Moreover shares needs to change hand in ordered to realise profits. I'd said share could take a plunge but don't know the extend before moving up again. But then over the long term it should be up so those who are caught high, better to do some DCA to bring down the cost instead of cost cutting. Not worth selling in a loss because next minute it might turn up again. | ||||
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cheongwee
Elite |
15-May-2009 17:46
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Is this zombies, sinking or coming out ? 
you tell me.. let me start first...coming out ...sti to 2600 to 2800..in sept....cheer. |
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E-war
Veteran |
15-May-2009 17:20
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Goodness, this is wat she calls long term investing??! And an award for work as well, bah. | ||||
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cheongwee
Elite |
15-May-2009 16:54
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where did u got the news?..i dont know what they are doing?..buy high sell low. but today herd mentality..today ppl selling broadbase...it is under this type of situation, we sell first tok later..if still got confidence sell half...like i did. but u can see, buying is imporving now...
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matthewsoh
Senior |
15-May-2009 16:18
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The dumping of BOA share by Temasek has a direct impact on the investor confidence and BB in fund house may also to do like wise if they are very unhappy with Temasek holding .. haha .. Hai ... May have lost 4 billion in dumping the shares! WTH? |
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iPunter
Supreme |
15-May-2009 15:44
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If you look at the STI chart, you will see the reason... The upward "chiong" up has been real steep in recent days... To maintain market health for future sprints, the funds are marking time... They, and only them, can move the market (by gobbling up huge chunks of 'worthless' scripts). If they don't bite, there's no action...
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Kassanne
Member |
15-May-2009 15:08
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Wonder why the STI dropping so drastically when the Europe markets are all positive? Is it because of all the poor GDP data? Or people dumping stocks? | ||||
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kasuman
Member |
15-May-2009 15:03
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why all of sudden there was sudden drop after lunch? What happened? | ||||
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Farmer
Master |
15-May-2009 14:54
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Someone said: "Follow our banks for direction", the market tho still bullish could go either way. | ||||
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iPunter
Supreme |
15-May-2009 14:42
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Yup, that's ingrained conditioned thinking...
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ozone2002
Supreme |
15-May-2009 08:59
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fridays is where the market tries to take profit and go away for the weekend to relax.. but there are always contrarian approach to the markets. |
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iPunter
Supreme |
15-May-2009 08:28
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Very often, Fridays are "up-chiong" days...
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Alligator
Veteran |
15-May-2009 08:22
Yells: "learning from past " |
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Tokyo stocks open higher
TOKYO Japanese share prices opened higher on Friday with the benchmark Nikkei-225 index rising 56.48 points, or 0.62 per cent, to 9,150.21 in the first minute of trading. -- AFP |
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aleoleo
Master |
15-May-2009 07:43
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STOCKS NEWS ASIA-Stocks to firm on hopes of renewed rallyWELLINGTON, May 15 (Reuters) - Asian stocks are likely to edge higher on Friday after U.S. and European shares firmed on bets that the recent rally in equities had further to run. U.S. stock indexes gained as much as 1.5 percent, led by financial and technology stocks. The world's largest retailer, Wal-Mart Stores (WMT.N), gave a cautiously optimistic outlook for economic recovery [nN14463262], but the jobs market remained very weak. Data showed a jump in U.S. jobless claims as multinationals Nike (NKE.N), Sony Corp (6758.T) and British Telecom (BT.L) announced more job cuts. |
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