Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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sean68
Member |
05-Oct-2007 17:11
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Before enjoying the weekend, shall have to wait tonight and see if the employment report which revealed that US employers unexpectedly shed 4,000 jobs in August, marking the first decline in payrolls since August of 2003 will have what impact on Wall Street. Even if it means payroll swelled by 100,000 in September. US job losses could stack up as banks and mortgage firms slash positions to fend off a broad credit crunch triggered largely by losses related to mortgage-backed securities. Employment is critical to economic growth as laid off workers can have trouble paying bills or meeting mortgage and car payments which can act as a drag on growth. ![]() Hopefully, another Good Monday to all |
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sean68
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05-Oct-2007 16:44
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That's another reason for SGX counter to be smiling ? ![]() |
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tanglinboy
Elite |
05-Oct-2007 16:34
![]() Yells: "hello!" |
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This week's trading volumes are very good! Let's end this week with a big bang! | ||||||||||
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newmoon
Veteran |
05-Oct-2007 16:05
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Some traders use a combination of fibonacci nos. and the theory of squares for penny stocks. Fibonacci nos; 1 1 2 3 5 8 13 21 34 55 89 ... Theory of squares; 1 2 4 9 16 25 36 49 64 81 100. Combination; 1 1 2 3 4 5 8 9 13 16 21 25 34 36 49 55 64 81 89 100 |
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newmoon
Veteran |
05-Oct-2007 15:39
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Fibonacci nos. and penny stocks; The jumps are too steep for penny stocks after 13 cents. 1 1 2 3 5 8 13 21 34 55 89 144..... Not so useful as the theory of squares. Gann uses time squared. |
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lausk22
Veteran |
05-Oct-2007 15:32
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Beware! New moon rising. ![]() ![]() |
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newmoon
Veteran |
05-Oct-2007 15:07
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The rule of squares;(in an uptrend) For penny stocks -eg. if a stock crosses 4 cents (2x2) the next resistance is 9cents(3x3) and then 16 cents(4x4) and then 25 cents and so on to 10x10=100cents. Theoretically e-i nets having crossed 9 cents should reach 16 cents if the uptrend is intact. For stocks above a dollar ignore the dollar and concentrate on the cents . |
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teeth53
Supreme |
04-Oct-2007 23:05
![]() Yells: "don't learn through life, learn to grow with life " |
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STI rose to 3,783.81 ( by +29.19 pt) points. Just trade with care.... with just a few index stocks, it can be push up.
LIVE QUOTES: On/Off
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sean68
Member |
04-Oct-2007 17:44
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Hahaha...so philosophical Certainty in Uncertainties = Lead the crowd Uncertainty in Certainties = Follow the crowd ![]() |
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victorf
Master |
04-Oct-2007 17:26
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Another Quote of the Day: -If you see certainty in which there is certainty, you are bound to laugh to the bank -If you see uncertainty in which there is uncertainty, you are bound to lose nothing Good luck and Enjoy the Market, Let the Market prove oneself...:) Still two important theory Difficult one in practice: Rule 1: Never lose money Rule 2: Never lose money Rule 3: Go back to rule 1 Easy one in practice: Rule 1: Be Disclipline Rule 2: Be disclipline Rule 3: Go back to Rule 1
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newmoon
Veteran |
04-Oct-2007 16:09
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Quote of the day; If you see certainty in that which is uncertain, you are bound to suffer Ajahn Chah |
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StarLine
Senior |
04-Oct-2007 02:59
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After the recent few days gains, I guess the stock market is moving back a little, and also waiting for the outcome of the rates next week. |
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Manikamaniko.
Master |
04-Oct-2007 00:01
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This clearly demonstrates that the stock market is not a friendly beast! It is really a very dangerous place to entrust your money! ... ![]() |
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kiwi77sg
Member |
03-Oct-2007 23:53
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Why why why, can anyone explain why Hang Seng from positive drop to negative ? | ||||||||||
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singaporegal
Supreme |
03-Oct-2007 22:02
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I was really busy at work today. STI gain was positive when I went out for lunch. But when I next checked around 4pm, I was shocked to see it fall so much! | ||||||||||
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Manikamaniko.
Master |
03-Oct-2007 20:42
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Yes... Sean68 said it right... :) Although the market has obviously recovered, there are countless still who are scared by the big falls in the past few weeks. But the China funds know this too well.... So they could have simply halted back their big buying sprees for a while and nibble at the small-timers' plates, so to speak... ![]() |
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teeth53
Supreme |
03-Oct-2007 20:25
![]() Yells: "don't learn through life, learn to grow with life " |
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On profit taking today....15:30:00 hrs
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winsontkl
Elite |
03-Oct-2007 18:31
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Simple test of gravity.....what goes up will come down, vice versa. | ||||||||||
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sean68
Member |
03-Oct-2007 16:40
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Obviously, Josh, there are many who have bought at rocket high pxs b4 the crash weeks back, hence every bid up in any counter will tend to be faced with volumes of waiting sellers. My simple and straight forward 2 cents thoughts ![]() |
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joshconsultancy
Member |
03-Oct-2007 16:34
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haha agree w DnApeh. Profit takin prob isnt over yet. Tomo could possibly see more effort to pull out. Prob will short properties n china counters who look a little overstretched. | ||||||||||
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