Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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ivorycoast
Elite |
10-Aug-2007 13:29
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Yup ..... help on the way ..... Huge funds (from Euro too) to be injected to help sub-prime ..... Will bring back senses again ..... Tonight could be another nice rally on this pice of news ..... |
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ozone2002
Supreme |
10-Aug-2007 13:28
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seems like regional markets celebrating our national day as well.. ALL RED...bleeding profusely |
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singaporegal
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10-Aug-2007 13:21
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What crazy times we live in.... the STI index can swing up and down in 3 digit numbers within week. That's really scary. Too volatile for me. I'm exiting most of my counters now. | ||||||
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chipchip66
Master |
10-Aug-2007 12:43
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Foreign funds could be pouring into emerging markets. Singapore could be one of the beneficiaries. PE of STI is becoming cheaper due to bulk of companies making better profits. Hedge funds losing money? Very strange isnt it as they are supposed to be market neutral. Asian financial crisis has already prepared Asian economies about foreign funds coming and inflating asset prices. This time round, foreign funds are coming to appreciate asset prices . Asian currencies are appreciating and US$ is losing its shine. Would u park yr funds in an appreciating currency? Let' see in the coming weeks if i am right. Cheers!![]() |
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stevento
Senior |
10-Aug-2007 12:35
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Credit is injected as a contingency from any fallout in the US Subprime Mortgage. Read deeper into it, banks may be badly affected. Hedge funds, Insurance.... Well, the indicators are there for over a year, SUbPrime Mortgage in US. Sentiments have changed since the fallout from SubPrime Mortgage and the effect is still not fully felt yet. On the home front, it may crash thru the support level. The STI target range from 2800-3100. Read the article below. Thread cautiously, http://news.asiaone.com/News/AsiaOne%2BNews/Asia/Story/A1Story20070810-21472.html |
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newmoon
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10-Aug-2007 12:30
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If there is no credit crunch why are central banks injecting liquidity. Mas also injecting money -I thought they had no problem a week ago or 2 days ago. When USA injects liquidity where does the money come from as it already has such a humongous deficit-print more money? We will soon see if the house of printed money, derivatives, mortgage loans will break down . |
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newmoon
Veteran |
10-Aug-2007 11:44
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Skeletons are coming out of the bank vaults due to evaporation of credit. C wave on the way. The structural defects in the financial system due to pradatory lending is going to take a few months to repair.This is a melt down in all asset classes including gold as hedge funds go belly up due to credit crunch.The distribution of risks through derivatives has the opposite effect. If a fund is frozen that means your money is a prisoner. |
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stevento
Senior |
10-Aug-2007 11:05
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well, the sentiments have changed for the worst. Sub Prime Mortgage is far worst than expected. Time to reconsider position. STI may drop furthur. next level 2800-3000. great news for a lot of people. Wait and see. Read the article below. Thread cautiously, http://news.asiaone.com/News/AsiaOne%2BNews/Asia/Story/A1Story20070810-21472.html |
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spurs88
Senior |
10-Aug-2007 11:02
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Only managed to catch Kep Corp, OCBC & SembMarine. The others have not fallen to my target price to re-enter. Investors have probably learned their lesson not to anyhow dump at the first sign of trouble but to look at fundamentals of companies. Let's hope for more panic sellers and forced selling this afternoon. |
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victorf
Master |
10-Aug-2007 09:51
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market is very uncertain...though individual day is predictable like today using US as indicator...good luck :)
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harryp
Veteran |
10-Aug-2007 09:23
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Wow! Hell really breaks loose this time. Big Bear is roaming the street in full force. Every body trying to rush out of this hungry ghost realm and some even get stampeded and squeezed at the gate. How pathetic?. hope no tragic stories again.. Me holding my kantangs more tightly. May all be well? |
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spurs88
Senior |
10-Aug-2007 09:11
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Good. Spread the panic news so that I can pick up even cheaper. | ||||||
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teeth53
Supreme |
10-Aug-2007 08:55
![]() Yells: "don't learn through life, learn to grow with life " |
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Japan trading opened and NIKKEI is down by -358 points. | ||||||
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cyjjerry85
Elite |
10-Aug-2007 08:47
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this is gonna be a global sell-off again...see the Nikkei now currently down around 400points (-2.32%)..the region is bleeding...wonder how will the Shanghai market react this time round | ||||||
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spurs88
Senior |
10-Aug-2007 08:37
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Don't worry, I will buy when it hits my target price. Thank you for helping to bring the price down. | ||||||
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ozone2002
Supreme |
10-Aug-2007 08:33
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SPURS88 i short the counters today u buy back from me ok?.. thank you hor.. short banks,sgx and buy put warrants..mai tu liao... |
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spurs88
Senior |
10-Aug-2007 08:24
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Why people never learn not to sell stocks to me cheap? I have been buying when others are panickly selling and selling when others go back in again like last Fri. Today I can pick up cheap stocks with good fundamentals again! | ||||||
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lookcc
Master |
10-Aug-2007 00:46
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dow up 153 this morning n now down 130...2morrow FEAR factor woud push mainly retail investors to run, bb wud captialise n push px down (esp. spc) BUT 2morrow is also BUYING opportunity for counters with good FA (spc one of them)....contrarians who bought yesterday (if not able to hold) pray hard if they want up to T+4 to contra...good luck 2 u...hope pxs go up on 13, 14 or 15th (last day to contra). | ||||||
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newmoon
Veteran |
09-Aug-2007 23:33
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A few minutes ago the newswire repoted that the Fed pumped 20 billion dollars into the banking system this morning.Fed starting to panic? Expect high volatility today on the downside. |
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CWAIPENG
Member |
09-Aug-2007 22:21
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