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STI to cross 3000 boosted by long-term investors
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ozone2002
Supreme |
21-Dec-2007 13:11
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As I have advocated b4..just buy on dip la... don't cheong when the market cheong... confirm have year end rally..cos of window dressing.. REMEMBER buy on dip..not when market cheong.. e.g like today.. |
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cashiertan
Elite |
21-Dec-2007 12:56
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DOW look like it have bottomed. Citibank shares will be well supported after dipping so much and the assistance from dubai should keep the stock price in check. ECB and FED assistance in the credit market should temp lift the fear of credit problems and i believe the BBs have areeadi factored in the future subprime loss into the current price. my view is the same as JJ, time to buy financial stocks and look for a rally, at least till christmas. |
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geojam2
Member |
20-Dec-2007 15:41
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I do not think so. |
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jackjames
Elite |
20-Dec-2007 11:50
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Buy Citibank shares ! It drops to 1998 August price ! wipe off kau kau.. it will rocket back for sure~ |
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paperless
Senior |
20-Dec-2007 11:47
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TOKYO (Nikkei)--Mitsubishi UFJ Financial Group Inc. (8306), Sumitomo Mitsui Banking Corp. and Mizuho Corporate Bank have decided to reject requests to participate in a rescue fund to be created by U.S. banks to deal with the credit crunch, The Nikkei learned Wednesday. |
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huatah
Veteran |
20-Dec-2007 11:32
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At the moment, financial markets are not experiencing a "deep crisis" - only turbulence - and central banks are managing the crisis well (IMF Chief said). So far, we had seen GIC (UBS), Central Bank of USA, Europe,latest China Govt pumping in 5billion (to Morgon Stanley) and many other remedies actions on play. The whole issue arises bcos of "expectation". "Markets" expected this and didn't happen (like the recent FED rate cut). Fear, was what I was told. For Global economy, there will b ups and downs. Slowdown of the economy is definite, as shown in many reports but hitting a recession note is not so obvious. Stupid Greenspan's remarks is simply hitting at Ben. |
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cyjjerry85
Elite |
19-Dec-2007 21:19
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wad a boring market during this season...when volumes r low...its no fun man`...well...it's always good to follow the crowd on holidays and cheer in the festive mood...u wouldn't wanna lose in the stock market now only to find tt u dun have $ to buy presents~ tt would be such a dullz |
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cashiertan
Elite |
19-Dec-2007 21:15
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sorri i mean 3300. Range market is DOW. PSPS see wrong chart |
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cashiertan
Elite |
19-Dec-2007 21:11
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I doubt we are going into recession (till proven other wise). if u see the 1 years chart, we are in range market. the range started since june... thus u cant really use trend indicators to see ur charts.. unless STI break below the 3000, else still in range market, not down trend yet |
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ericsim
Senior |
19-Dec-2007 18:58
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help help STI is 
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newmoon
Veteran |
19-Dec-2007 17:52
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The STI 200 day moving average has been broken so the bounces are purely technical until proven otherwise. |
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paperless
Senior |
18-Dec-2007 16:23
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Traps. Full of traps. Don't get yourself allured. |
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timewatch
Senior |
18-Dec-2007 15:59
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market is sleepy and boring, |
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ericsim
Senior |
18-Dec-2007 14:19
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market now is for those with high greed, patient, guts etc...otherwise stay sideline, certainly not for newbie unless willing to pay expensive lesson/course |
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AlwinL
Member |
18-Dec-2007 14:19
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Going downtrend again, hit lower then the last support of 3306.53. preparing for the bear |
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cashiertan
Elite |
18-Dec-2007 14:04
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Well, u may consider today may be a double bttom formation which may be a good signal, if not it will be recession.. lol |
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178investors
Veteran |
18-Dec-2007 13:59
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 cross 3000 punctured by short-sellers.
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Manikamaniko.
Master |
18-Dec-2007 12:19
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That's life... Things can be rather prophetic... 
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Centaur
Veteran |
18-Dec-2007 11:10
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looking at the title now "STI to cross 3000" is it to cross above or below 3000 ?? 
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limhpp
Veteran |
18-Dec-2007 11:00
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Finally sunny! So touch 
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