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COE up and up but STI down and down

Just to show to others that they are not the victim of this global financial crunch perhaps!

senecus      ( Date: 08-Jul-2009 23:01) Posted: More people buying car....???...thats why price go up....which means economy not that bad.

 

Looking at many stocks' charts, it looks like big falls are more than likely in the days ahead... 

Tonight the Dow opened strongly up strongly into the green zone, but now it's already below water... bad news... 

'pengsan'... 'pengsan'...

 

If and when Obama president over the 2nd rescue package, a BIG if...it oni mean something is really not right with US economy...that is what people's fear most or worst off...back to sq one, recession of d 2nd kind., teeth53 thot will not be worst off then d 1st, it's still as bad as d 1st. 

Oil falls on recovery fears  http://money.cnn.com/2009/07/07/markets/oil.reut/index.htm

Economic recovery woes and talks of a possible second stimulus package push crude futures lower.

"The worries are that the pace of the economic recovery hasn't materialized the way that people who plunged into the commodity markets thought, and now they are running for the exits," said Gene McGillian, an analyst at Tradition Energy in Stamford, Conn. "The question is how far they will run."

 

All depend...those Kiasi...buy lohh, those not wait lohh...me tink time is bad this day, even if COE goes up and away, will there be alot more buying car...I tink not...saving some for raining day.

http://money.cnn.com/2009/07/07/news/economy/Obama_mortgage_plan/index.htm?postversion=2009070808

NEW YORK -- Mr. President, help us get one of your mortgage workouts now.

That's what many borrowers are saying nearly five months after President Obama unveiled his housing rescue plan. The program is beset with problems, say borrowers, housing counselors and even the president himself.

lookcc      ( Date: 08-Jul-2009 21:52) Posted: meaning.....not d time yet 2 buy.

 

More people buying car....???...thats why price go up....which means economy not that bad.

 

meaning.....not d time yet 2 buy.

 

Our S'pore FM  Mr Tharman mentioned don't expect quick global recovery...Chinese consumption growth is not ready to compensate for US consumption growth. Even if they try their hardest, it's about one-sixth of US private consumption.

Credit delinquencies hit record high....Mounting job losses and fallout

 

Same as in S'pore...Soaring unemployment and while in US housing bust are leaving consumers hard-pressed to make loan payments on everything from credit cards to cars.

Players R usually those from car industries, does not mean car business is better off, more margin is squeeze, less buyers...good time have not arrive yet.

 

PREMIUMS for certificates of entitlement increased yet again when the bidding closed today.

The prices for all categories - with the exception of motorcycles - made double-digit increases.

COE premiums for small cars (up to 1,600cc) closed at $14,310 from $12,899 - a 10.9 per cent increase.

COEs for cars above 1,600cc closed at $16,801 from $14,840, which marks a 13.2 per cent increase.

Similarly, the open category - mainly used for cars increased by 15.9 per cent to $17,501.

COEs for goods vehicles increased the most by 33.9 per cent to close at $16,888.

However COEs for motorcycles remained the same. It closed at $901 from $900.