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STI to cross 3000 boosted by long-term investors
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Farmer
Master |
23-Jan-2008 12:32
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Market will never gone, only the punters will. Have some heart, I believe the turn around will come sooner than many have predicted...or at least the drop won't be as sharp now. Cheers! | ||||
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s100125
Senior |
23-Jan-2008 12:06
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Market gone case. Tonight DOW will drop further |
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shplayer
Elite |
23-Jan-2008 11:59
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he, he, he....STI now in the RED. Mkt still v volatile. | ||||
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sarahlkh
Senior |
23-Jan-2008 11:51
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sell out is good... a lot of cheap ones available but still must wait a while... pp sell to use $ for CNY? | ||||
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AK_Francis
Supreme |
23-Jan-2008 11:43
![]() Yells: "Happy go lucky, cheers." |
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Today Bussiness Time digest. 1.Soros warns of worst financial crisis since WWII. 2. Former Morgan Stanley Chief China economist said, China needs to be more selective as it puts its money to work and should not be seduced by the notion that a famous brand is always a guarantee of profits. And the best opportunities will come when American such as Warren Buffette or the Yale Endowment Fun start to buy. 3. Prof Kunz, director and head of investment strategy at Cladicators Leu, said that " A general rule of investment is to buy when no one wants the asset and sell when everyone wants it. But most people work the other way around" |
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Centaur
Veteran |
23-Jan-2008 11:34
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Nowadays, STI doesn't seem very reflective of actual market.. +12 pts only but gainers still beat losers 2 to 1. | ||||
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Farmer
Master |
23-Jan-2008 11:31
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Here we go again....same old shit again... | ||||
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ChinChye
Member |
23-Jan-2008 11:28
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Slide liao... very fast... think alot of pple run... | ||||
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mike8057d
Veteran |
23-Jan-2008 11:13
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%$#&%$#@ ......STI +29 | ||||
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mike8057d
Veteran |
23-Jan-2008 11:00
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oh no....STI +72...and still sliding | ||||
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mike8057d
Veteran |
23-Jan-2008 10:52
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STI now +83...sliding | ||||
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mike8057d
Veteran |
23-Jan-2008 10:41
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STI is now +90...+88...sliding very fast now | ||||
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myinvest
Member |
23-Jan-2008 10:39
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Although the market today looks promising, but could it be due to covering back of those who naked short few days ago? I'm not sure why when I look at the history of the STI, I have a feeling it can go as low as 2300. |
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nickyng
Supreme |
23-Jan-2008 10:20
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ehh...hello....GLobal Recession DONT JUST COME in a day or two....it arrives gradually ok?!??!...last few days are probably over reacting...anyway...it will chopchop down..and gradually move up..though...abit slower now....hey! it will grow out of current predicament ok?!??! like wat MM Lee said in August 2007...the subprime nuisance will "just go away in a month or two"....i just he meant to say in a quarter or two...hee...well...at least it will go away yeah ?!?!??! CHEERS !!!! CNY is coming...US Presidential Election is coming...how bad can it get ?!??!?!? :P |
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mike8057d
Veteran |
23-Jan-2008 10:16
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yes, maybe in another few more years...now China still export quite a big % to US, not sure about India (think not as big as China). The middle class of China must grow to reduce the dependence. | ||||
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ET88888
Member |
23-Jan-2008 10:06
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mike8057d, In the past this is not possible, but now with big economic power heavyweights like China and India, this may be achievable. At least Asia must try to achieve a certain measure of success. Anything can happen in this new millenium and I would not be surprise one day China or even India may rise to challenge the US dominance of the money markets. In the coming days, I believe the creditability and integrity of the US financial institutions will be put in thru the mill. | ||||
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limhpp
Veteran |
23-Jan-2008 09:49
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If the US do not clear the air, STI will have many more choppy sessions ahead even there are rebound now and than. | ||||
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cyjjerry85
Elite |
23-Jan-2008 09:47
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3000 is a resistance now...yesterday when it touched/neared 2750 support ...it rebounded up...from here we can see technicals play a part...the sentiments are not very bullish yet...3000 will highly not be closed today at...if it is at tt level or near ...it will come down...like a magnet..repel well...tt's only my personal analysis and viewpoint...markets are so volatile these days |
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mike8057d
Veteran |
23-Jan-2008 09:45
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Let see if STI will close above 3,000 today | ||||
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victorf
Master |
23-Jan-2008 09:39
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yesterday i post this comment and it is still my take for the market...we will call for exact day when the uncertainty is gone....good luck :)
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