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mediacraze Member	15-Aug-2007 22:03        mediacraze About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just to share this link on Warren Buffet: http://www.cnbc.com/id/20267936
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newmoon Veteran	15-Aug-2007 20:03        newmoon About Contact  Quote this Post!
x 0   x 0  Alert Admin	No one can predict the future but can only give an opinion But at this cascading rate of fall Humpty Dumpty(STI) will be an omelette by the end of the week.
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Livermore Master	15-Aug-2007 19:36        Livermore About Contact  Quote this Post!
x 0   x 0  Alert Admin	A well known stock guru predicts STI 2800
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Pinnacle Master	15-Aug-2007 18:28        Pinnacle About Contact  Quote this Post!
x 0   x 0  Alert Admin	Southeast Asian shares skidded to lows not seen in months on Wednesday as the fallout from renewed turmoil in the credit markets pummelled banking stocks, such as Singapore's DBS Group . Singapore's Straits Times Index fell 3.4 percent to its lowest level since April 3. The benchmark index has lost 11.3 percent since hitting a record high of 3,688.58 points on July 16, but is still up 9.6 percent this year. Fund managers said that some hedge funds were dumping stocks to raise cash, while other institutional investors sold on fears of a global credit squeeze. "It's panic selling. Once someone has to dump stocks, others start to sell as well," said Mark Tan, director of Asian equities at UOB Asset Management, which manages S$25 billion ($16.4 billion) in assets. Indonesia stocks tumbled 6.4 percent, its sharpest one-day drop since May 2004, to a three-month low, even though government data showed that the Indonesian economy is on track to posting its strongest growth in 11 years. Malaysian shares lost 2.8 percent, Philippine shares slid 4.1 percent to post its biggest one-day drop in more than five months. Thai shares fell 2.5 percent by 1014 GMT, and Vietnam's Ho Chi Minh stock index was down 0.9 percent. Banks and blue chip stocks with high levels of foreign holdings led losses across the region on Wednesday. In Singapore, DBS Group, Southeast Asia's biggest lender, dropped 4.7 percent. United Overseas Bank , the second-largest bank, slid 2.8 percent, and Oversea-Chinese Banking Corp. fell 4 percent. In Malaysia, the second-largest bank Bumiputra-Commerce Holdings fell 2.9 percent. Dominant power firm Tenaga Nasional dropped 1.9 percent, and shipper MISC slid 4 percent. In Manila, Metropolitan Bank & Trust Co , the biggest bank by assets, slid 4.5 percent. The largest telecom Philippine Long Distance Telephone Co. fell 4.5 percent, and Ayala Corp. , the biggest conglomerate, dropped 5.5 percent. In Bangkok, PTT PCL , the top energy firm, fell 1.4 percent, and its unit PTT Exploration and Production dropped 3.5 percent. In Jakarta, Telkom Indonesia , the largest telecoms firm, dropped 6.5 percent. PT Bank Mandiri , the biggest bank, fell 7.1 percent. Some fund managers said that volatile financial markets have prompted them to cut their exposure to riskier markets such as Indonesia. The Indonesian market has dropped 15.7 percent since hitting a record high of 2,405.963 points on July 26, but is still up 12.4 percent since January. While most regional markets are oversold in the wake of Wednesday's sell-off, some fund managers said they are not buying into markets yet because they expect more declines in weeks ahead. "I expect the Indonesian market to fall below 2,000-point level this week, and then investors will start to panic," said Rezza Zulkrasi, a fund manager at First State Investments in Jakarta. The index closed at 2,029.083 on Wednesday. Wednesday's sell-off knocked the 10-day Relative Strength Indexes for the Singapore, Malaysian, Indonesian, Philippine and Thai markets to below the 30-point level. An RSI reading of 30 and below indicates an oversold market.
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cyjjerry85 Elite	15-Aug-2007 18:23        cyjjerry85 About Contact  Quote this Post! Style: Technical   Mood:
x 0   x 0  Alert Admin	let's see how DOW performs tonight...if its another disastrous RED...i guess STI will plunge below 3200...the support will be broken
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harryp Veteran	15-Aug-2007 11:50        harryp About Contact  Quote this Post!
x 0   x 0  Alert Admin	3300 being a confluence of rounded numbers, Fibonaci 50% and an extended trend-line is supposed to be a very strong and important support. Lets see if the sentiment is strong enough to break this at close today.
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Pinnacle Master	15-Aug-2007 11:42        Pinnacle About Contact  Quote this Post!
x 0   x 0  Alert Admin	Already below support level. But I believe there will be some buying up late in the day to push STI back to around 3300.
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Farmer Master	15-Aug-2007 11:23        Farmer About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	STI has come close to the critical 3300 support level again, can it hold for today?
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Pinnacle Master	15-Aug-2007 09:10        Pinnacle About Contact  Quote this Post!
x 0   x 0  Alert Admin	Singapore's benchmark Straits Times Index fell more than 2 percent during opening trade on Wednesday, tracking losses on Wall Street and in line with falls in regional markets. By 0102 GMT, the key index was down 68.11 points, 2.01 percent off from Tuesday's close. The benchmark STI index is still up 11 percent for the year. Banks led losses, with DBS Group Holdings , Southeast Asia's biggest lender, down 2.4 percent. United Overseas Bank , Singapore's second-largest bank, fell 1.9 percent and Oversea-Chinese Banking Corp. slid 2.3 percent. U.S. stocks skidded on Tuesday on fresh signs that global credit markets were seizing up, while a lower profit forecast from Wal-Mart Stores Inc. renewed worries about consumer spending.
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timewatch Senior	15-Aug-2007 09:06        timewatch About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not suprising at all.
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mirage Veteran	15-Aug-2007 08:41        mirage About Contact  Quote this Post!
x 0   x 0  Alert Admin	QUOTES: Singapore share prices are expected to open lower Wednesday after Wall Street fell amid heightened concern about the fallout from the subprime mortgage problems in the US, with more funds there being hit by investor withdrawals. On Tuesday, the Straits Times Index (STI) closed 5.98 points or 0.2 percent higher at 3,386.59, after moving between 3,353.62 and 3,389.80. Gainers beat losers 618 to 234, with 761 stocks unchanged. The volume traded was 2.51 billion shares valued at 2.10 billion Singapore dollars. Fraser Securities research head Najeeb Jarhom said concern about the effects of the US subprime credit problems would continue to discourage investors. "With such a situation going on, a lot of investors are adopting a short-term view on the market," Jarhom said. He said the STI might fall another five percent before it stabilized.
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Pinnacle Master	14-Aug-2007 12:16        Pinnacle About Contact  Quote this Post!
x 0   x 0  Alert Admin	Westcomb STI Preview: The Singapore market staged a last minute rebound before closing in positive territory on Monday. Trading volume was thin as investors remained cautious over the US sub-prime mortgage fall-outs and continued to stay away from the local bourse. Nonetheless, firm openings in Europe markets and positive US futures aroused some buying interest in the late afternoon session. Trading volume was at 2.0bn units worth $2.1bn. Market sentiment will likely remain cautious, taking its cue from regional markets? performances. A higher-than-anticipated inflation of 5.6% surge in China, together with weak Wall Street?s overnight closing, is expected to weigh on the local bourse. Possible cooling measures by the PRC government might hit the market, which has been badly affected by subprime woes, with another blow. Investors are advised to exercise caution in their trades, especially in second- and third-liners in the wake of market uncertainties.
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Pinnacle Master	14-Aug-2007 11:09        Pinnacle About Contact  Quote this Post!
x 0   x 0  Alert Admin	Citi We are upgrading GDP growth to 7.2% (from 6.6%) in 2007E and 6.2% (from 5.8%) in 2008E. Our forecast is below consensus and at the lower end of the government?s 7 to 8% GDP forecast range. Second quarter GDP growth came in at a strong 8.6% year-on-year or 14.4% on a quarter-on-quarter seasonally adjusted basis. This brings first half GDP growth to 7.5%. Our forecast implicitly assumes a more subdued growth pace of 6.9% in the second half.
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Farmer Master	13-Aug-2007 13:00        Farmer About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	I read that subprime accounts for nearly 20% of the overall US mortgage loan. The fact that global central banks have all joined in the rescue campaign obviously indicates the seriousness of this crisis. My view is to stay away from those penny stocks without values and fundamentals and go for the blue chips if you need to bargain hunt. Investors must know by now how to differentiate between goats and a sheep!
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mediacraze Member	13-Aug-2007 12:57        mediacraze About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think the market had overly reacted on this whole 'subprime effect'. People are just, i would said, trying to think that this will repeat the 10years hsitroy (1997). Everyone talking like doom day, market crash, crsis.... 10 years agao, all countries and bank had a 'fantastic' lesson learnt. 10 years later to repeat the similar but 'twisted' mistakes? Not likely. If the hole is really unfillable, I don't think Central Bank, Major Asia Banking joining force to calm the market. In my opinion, the time for crash is not here yet. The amount of money to be earn not significant to justified for the real creators for market crash. It had to be BIGGER MONEY!!! In fact, with the changing dynamic of new head of SUPER train (India, China, Asian....) Thing are more than meet the eye. As of now, continue fishing for your dream fishes in the market.....
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cheongwee Elite	13-Aug-2007 12:34        cheongwee About Contact  Quote this Post!
x 0   x 0  Alert Admin	After pondering and discussing thoroughly...we have arrived at a final decision and conclusion... This is not a call to invest..we could still be wrong...but unlikely. We think the subprime is over cautious on invester and Bank...the loss is the most 300 to 400 billion..very small compare to US$13.5 trillion economy....subprime is just 10% of the morgagte....and out of that only 15 %..will face forclosure...hit hard for many ppl...but will not lead to recession.. The real crash will come after the olympic game..u bet during election year the fed will never want the market to crash...rate reduce will materialise...at the expense of dollars..but will be well supported by China and Japan again...look at the $ just refuse to go under..how strong it come back.... As such we will bargain hunt on every dip..only the brave will prevail and the long will benefit....trust me a few mths down the road this will come to pass........good luck,
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tiandi Senior	10-Aug-2007 16:49        tiandi About Contact  Quote this Post!
x 0   x 0  Alert Admin	Friday August 10, 4:06 PM Asia's central banks join campaign to calm markets so many central bank come in..
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lighthouse Member	10-Aug-2007 16:45        lighthouse About Contact  Quote this Post!
x 0   x 0  Alert Admin	europe climbing up slowly from early openings..... hope no more blood bath....
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Sporeguy Elite	10-Aug-2007 16:14        Sporeguy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Looks like STI may end around 3326 today, still above the support 3310.
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stevento Senior	10-Aug-2007 12:00        stevento About Contact  Quote this Post!
x 0   x 0  Alert Admin	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. 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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