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STI to cross 3000 boosted by long-term investors
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senecus
Veteran |
24-Jan-2009 00:16
Yells: "Market Fortune Telling - Senior MFT" |
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Once a wise man says, "Buy when peoples are fearful and sell when peoples are greedy." Many smart alecs follow but to find themselves sink further and further into bigger and bigger losses. Infact stock trading revolves only with punting and investing. For punting, set a buy/sell limit. For investing, buy and buy on regular basis and don't look back. | ||
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lookcc
Master |
24-Jan-2009 00:13
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those who talk up prices r those who already bought. | ||
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trader88.sg
Veteran |
23-Jan-2009 23:57
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Aren't shortists who create fear and people who talk up prices to sell the same group of people? | ||
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jeremyow
Senior |
23-Jan-2009 23:55
Yells: "Passionate business investor" |
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Haha.....unless I have the gift of prophecy, I will let you know when is the bottom. Too bad I cannot predict the future. I only buy on dips and at a margin of safety below the intrinsic value of a stock I am considering. Since I do not know the bottom, I will still continue investing during this period and beyond this period on regular intervals. I am not hoping to catch the bottom because I cannot predict the sentiments of all investors in the market. I am just happily buying on further dips. And, I will happily keep buying regularly and accumulating continually. I always try to have reserve cash on hand just in case there is any further drop in STI, then I can continue investing in this pessimistic moment. The more I accumulate at cheap stock prices now and into the future, the more rewards in future I will reap. I will continue buying until market recovery starts. Keep buying and accumulating more shares and accumulating more and more shares of excellent stocks.
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lookcc
Master |
23-Jan-2009 23:44
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there r 2 types of sordid ppl.......shortists who create fear n the other talk up prices to sell........ruthless indeed. | ||
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iPunter
Supreme |
23-Jan-2009 19:06
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The stock market is essentially a ruthless beast, As many who lost big money will secretly agree in their hearts... But in spite of this, many refuse to listen sensitively... They hear only what they love to hear... and then they will praise you for it!... 
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iPunter
Supreme |
23-Jan-2009 19:01
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Hahaha... :) This is what I call "immersion"... hehehe...
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elfinchilde
Elite |
23-Jan-2009 18:18
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happy CNY!
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lookcc
Master |
23-Jan-2009 18:13
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ur postings here have had been to the best of ur knowledge n belief, u also put ur money where ur mouth is......u, singaporegal n ak francis r the good ones, honest n sincere unlike a few shortists who try to create fear [very subtly] by their postings in order to make $$$$ (btw nicky ng is not one of them. | ||
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cheongwee
Elite |
23-Jan-2009 15:08
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Happy New Year to all...hope you ppl dont mind my present here...got anything which are offensive...really my fault., my apology to all...if anyone cannot stand me just mail me and i will not post anymore..will not let other know who u are,,i swear..it is my pleasure to make friend not enemy. | ||
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cheongwee
Elite |
23-Jan-2009 15:04
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Hi all, What are the things that you ppl look out to judge market bottom??I know nobody really know, but i just like to know what are the thing ppl look out for??..example housing data..jobs..CPI..etc. Could you all care to share??/ I will not hold u liability for this..thanks |
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cheongwee
Elite |
23-Jan-2009 14:57
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Market should head up toward the end...shortist covering.. | ||
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DnApeh
Master |
23-Jan-2009 14:29
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for some people's job, STI stands for Sexually Transmitted Infections.
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knightbridge
Veteran |
23-Jan-2009 14:19
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Just a little joke. If 1500 STI come true. He may be retrench, STI @ 1500 bank or brokerage say we dun nid so many analyst got to cut cost. Off he goes, hope he start to train for other career also... Analyst analyse the market, forget to analyse his rice bowl |
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jackjames
Elite |
23-Jan-2009 14:16
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kanasai, when I wrote email to my customer today, talking about the system integration and test, SIT... short form.. I kept writing wrongly which is STI... ha hah a.. shit.. last time, the product EOL.. end of life, i said NOL... |
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Livermore
Master |
23-Jan-2009 12:31
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Some analysts say STI will drop to around 1500. But if go by the wave theory, STI has to drop below 1475. | ||
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ticklish8
Senior |
23-Jan-2009 11:20
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From Dr Doom Jan. 23 (Bloomberg) – Stocks will retreat around the world because of shrinking demand from China as growth in the third- biggest economy slows, said Nouriel Roubini, the New York University professor who predicted last year’s financial crisis. Global equities will fall 20 percent this year from current levels as China, which contributed 19.5 percent to total growth in 2007, contends with its slowest expansion in seven years, he said. Wall Street strategists predict the Standard & Poor’s 500 Index, down 8.4 percent so far, will rise 17 percent in 2009. Roubini, an economics professor at NYU’s Stern School of Business, said China already is in a “recession” despite government data showing a 6.8 percent fourth-quarter growth rate, as power output declines and manufacturing shrinks. “Demand is falling in China, they’re over-invested in capacity and there’s a global supply glut,” Roubini, 50, said in a telephone interview. “It has very, very important implications.” Roubini’s view is shared by Societe Generale SA global strategist Albert Edwards, who was correct in forecasting in March that a U.S. contraction would spur a bear market in equities. Edwards says the China slowdown will reduce earnings at industrial, energy and raw-materials companies, sparking a selloff in emerging and developed-market stocks that may send the S&P 500 down 40 percent to 500. Emperor’s Clothes “People should be thinking really hard about this rather than sticking their heads in the sand,” said Edwards, a London- based strategist and member of the top-ranked global investment strategy team in Thomson Extel’s surveys the past three years. “We’re just pointing out when the emperor doesn’t have any clothes on.” The consensus among 11 strategists surveyed by Bloomberg is for the index to end the year at 1,056. The S&P 500 fell 1.5 percent yesterday to 827.50. China’s economy grew 9 percent for all of 2008 after a 13 percent expansion in the previous year, the fastest in the world. China’s CSI 300 Index retreated 0.3 percent to 2,037.63 at 11:09 a.m. in Shanghai, after falling as much as 1 percent. Commodity producers led declines after Aluminum Corp. of China Ltd. and Yunnan Copper Industry Co. reported lower profit. Chinese shares traded in the U.S. tumbled to their lowest level in two months yesterday. The Bank of New York Mellon China ADR Index, which tracks American depositary receipts, fell 4.8 percent to 236.43, the lowest since Nov. 20. Rogers, Mobius Buying Economists at JPMorgan Chase & Co., Citigroup Inc., the World Bank and the International Monetary Fund all predict China will grow at least 7 percent this year, while investors Jim Rogers and Mark Mobius are buying Chinese shares on expectations the government will bolster economic growth with interest-rate cuts and fiscal stimulus. The IMF said China’s contribution to global growth increased to 19.5 percent in 2007 from 17.2 percent in the previous year. China, which has $1.9 trillion set aside in the world’s largest reserves, plans to spend at least 4 trillion yuan on bridges, housing and tax breaks to boost the economy. Chinese President Hu Jintao has pledged further measures to maintain stable growth in the face of “serious challenges and difficulties.” Rogers, who predicted the start of the commodities rally in 1999, recommends investors buy China’s agriculture, water treatment, power generation and infrastructure stocks because the companies won’t be hurt by the nation’s slowing economy. China Recession? “China could be in recession, I have no idea and it’s not relevant to me because I’m using my judgment as to what will happen six months from now,” said Rogers, who authored books on investing including “A Bull in China: Investing Profitably in the World’s Greatest Market.” “There is a lot happening in China and there will be those that will hold up well.” China’s economy will grow 6.3 percent this quarter from a year earlier, according to the median estimate of nine economists surveyed by Bloomberg News after yesterday’s GDP report. China’s electricity output declined 7.8 percent in November from a year earlier and fell 3 percent in October, the first declines since February 2002, according to China Economic Information Net data compiled by Bloomberg. Manufacturing shrank for a third month as the deepening global recession cut demand for the nation’s toys, clothes and electronics. ‘Manipulating’ the Yuan Edwards said rising unemployment among factory workers will fuel social unrest, threatening the Communist Party’s survival and increasing the risk authorities will devalue the yuan to boost exports. The yuan appreciated about 19 percent against the dollar between 2005 and July 2008 as China redressed what U.S. officials saw as an unfair price advantage for exports. The yuan has since stabilized at about 6.85 per dollar. Timothy Geithner, President Barack Obama’s nominee for Treasury secretary, said yesterday the new U.S. administration believes China is “manipulating” its currency. “If you amble your way through the analysis, you realize if push comes to shove they will devalue,” Edwards said. That may spur lawmakers in the U.S. and China to increase trade barriers, he said. For Related News: For Top Economic Stories: TOP ECO GO –With reporting by Chua Kong Ho in Shanghai. Editors: Laura Zelenko, Linus Chua To contact the reporter on this story: Michael Patterson in London at +44-20-7073-3102 or mpatterson10@bloomberg.net. To contact the editor responsible for this story: Gavin Serkin at +44-20-7673-2467 or gserkin@bloomberg.net -0- Jan/23/2009 03:10 GMT 01-22-09 2210EST | ||
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singaporegal
Supreme |
23-Jan-2009 08:57
Yells: "Female TA nut" |
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Trading will probably be very light today due to the upcoming CNY holidays next week. | ||
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AK_Francis
Supreme |
22-Jan-2009 17:29
Yells: "Happy go lucky, cheers." |
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x 0 Alert Admin |
Looking at d botak talking since 3.15pm, chailat. Had missed d run road of UOB, as loitering at kopitian till 2.45pm. Though, not looking at chiew boo. Missed d 12.28 px, ok lah, 2 lots only.
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knightbridge
Veteran |
22-Jan-2009 16:26
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Not good for my 2nd round. Market sidleline on budget annoucement. My counters are slightly up and slightly down.. Got to wait for tomolo or maybe should just sell first and see how the world market goes first. |
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, JJ, you better make sure your boss doesn't hear you. 