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STI to cross 3000 boosted by long-term investors
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Octavia
Elite |
26-Jan-2013 13:06
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2012 turned out to be a good year. The euro did not break up, the United States did not have a double-dip recession, China did not land hard, Australia didn't do anything too bad, and the world did not end on Dec 21. Rather, the global economy continued to grow and investor returns were strong.This year has started off well and I think it will end well too.
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Octavia
Elite |
26-Jan-2013 12:59
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Cautious optimism pushes STI to 2-yr high.THE Straits Times Index closed at a two-year high yesterday amid strong overnight closings on Wall Street and positive projections for 2013 by key bankers, gaining 20.92 points to 3,269.31.
People seem to be generally positive, though cautious,Everyone knows there will be a correction, but that does not seem to cause too much concern right now. |
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New123
Elite |
26-Jan-2013 12:26
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ya many say is for long term investment and deny in agreeing that they r actually betting .betting is so simple nowadays just a click on the button . That click with ease and excitement . The cause and action will come next . No matter how much $ u make it will never make you happy or satisfy !
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iPunter
Supreme |
26-Jan-2013 12:12
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In some ways, the stock market is more dangerous than the casinos. This is because stock novices do not treat the stock market as a casino. They always think it is a safe place to play, to invest, to trade, etc. If they treat stocks as a casino, many will never have to commit suicide due to heavy losses. But because they didn't treat it as a casino, they had never expected to lose so much money than they could afford to lose. because when stocks dip, they buy more. And more as it falls even more. But of course in a bull market like now, anyone can make money by simply whacking any stock. It is easy to make money in a bull market... 
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New123
Elite |
26-Jan-2013 11:58
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the shares mkt is the biggest Casino . Many get hook Dont know how to shake it off . This is the danger and many r losing without even knowing why ? Is becoming a habit that they hv to touch ever now and then . One day they may realise that there are better things to do .
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iPunter
Supreme |
26-Jan-2013 11:23
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Please read the last sentence... It is really very pitiful to see stock newbies (of all ages) lose a lot of money. Usually they cannot afford to lose that money, but when they see their friends all making money so easily in stocks (by whacking any stock), they too want a share of it. And 9.5 times out of 10, they eventually lose all their hard-earned money in the end... It is predictable...always...
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junction
Senior |
26-Jan-2013 09:06
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Thats a surprise coming from you. In your previous posts, you always discourage people from playing shares. Lol.
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iPunter
Supreme |
26-Jan-2013 09:04
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And most importantly, that " end of the world" dark cloud is now no more...  |
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junction
Senior |
26-Jan-2013 08:59
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Precisely! Uptrend will continue with corrections of course but crash? The time has not arrived yet imo.
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hlfoo2010
Veteran |
26-Jan-2013 08:24
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Back ground where 3000 jap invador killed by 500 chineses equipt with only long swods during WW ???? |
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gavinl
Elite |
26-Jan-2013 07:10
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True, very true.
Lol, i think i m too kapo. -)
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iPunter
Supreme |
26-Jan-2013 06:48
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Sifu, much as you are kind and mean good, it is not advisable to suggest to others to take certain actions. Just like you would not suggest to someone in a casino what to do, it is exactly the same in stocks No one can tell how high, or how slow the market can go. The market has a mind of its own...
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gavinl
Elite |
26-Jan-2013 05:34
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I m getting a little worried. Dow n Europe have been " up" too much, when it fall,will be very damaging. Cny coming,suggest those with long and sitting on profit,reduce positions. |
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Peter_Pan
Supreme |
26-Jan-2013 01:29
Yells: "did you order dunkin' donuts" |
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Investors confident because of what didn't happenMoney that had been pulled out of stocks is now pouring back in, says Banyan Partners' Robert Pavlik, because the worst fears about the fiscal cliff, debt ceiling and corporate earnings have not come to pass. |
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Peter_Pan
Supreme |
26-Jan-2013 00:34
Yells: "did you order dunkin' donuts" |
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European Central Bank President Mario Draghi said on Friday that financial markets are experiencing " relative tranquility" at the start of this year and all the indices point to a substantial improvement of financing conditions. " The level of economic activity is in the process of stabilizing at very low levels and we foresee a recovery in the second part of the year," Draghi said at the World Economic Forum in Davos. |
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Peter_Pan
Supreme |
26-Jan-2013 00:27
Yells: "did you order dunkin' donuts" |
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There are tons of money sitting on the sideline waiting to get into equities on any pullback. | ||||
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terencee
Master |
26-Jan-2013 00:20
Yells: "I don't entertain trolls." |
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I find it harder not to stare into my screen without the UOBKH logo. Or even look into my iPhone app for stock pricing. It has become a habit already. Even weekends I will unknowingly pick up my phone open my apps to see. For what ? I also don't know. habit already..
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iPunter
Supreme |
25-Jan-2013 23:54
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The stock market is the best place to build one's character. If one does not play shares, one will not even have the chance to build one's character. Playing stocks involves one's whole being and psyche, and for some, perhaps even costing his/her one's life...
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tiancai007
Master |
25-Jan-2013 23:53
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Well said. But once u started playing shares, it's hard to quit. Like gambling. Need to chop fingers to really quit stocks.
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Listing
Senior |
25-Jan-2013 23:44
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S&P hit above 1500 yesterday - highest since Dec 2007... I think STI definitely have more upside before any major correction - probably 2H 2013 can watch for such correction... | ||||
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