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1381-1400 of 2995
I have said that i will not post, but i am not credible, didn't i told you.
But one credible thing from me is......this is a bear rally, this is credible, I suggest dont stay beyond mid August, get out latest by end August.
If the rally is for real, we can alway jump back in, but if it crash, we may have no time to run, emotion and sentiment with this rally may hold us back, thus ended up got stuck again.
t6kae care and bye forever really.
remember i told you observe initial job claim for six week of improvement to know the end of recession....this is why i post again to break my promise....because i want to let you know....very important!!!!
i dont want you to be too carry away with this sucker rally., and really end up stuck..
take care and good luck bye...i will not post anymore , so anti cheongwee can say what they want...no problem with me,,,go ahead.
we see whether dow will be 3800 by mid 2010!!!!...sti 1000 to 1200
One question you will ask, is " how do we know that recession is ending soon?" because some week it is down, then 2 weeks it is up.....so up and down , how do we know more or less the recession is coming to an end?
well, just observe the initial job claim data, it should be up and improve weekly for consecutive 6 weeks............so by then you can know recession is really coming to an end, and you can buy in with confidence..
.......so to be ahead of the market, just observe weekly job claim, ..hope this is useful for you.
According to Motley, the weekly job claim is the only data that is ahead of the market, no unemployment, no housing data.( they are alway behind market by 6 mths).........the only data that predict ahead of end of recession since 1900.
this is true, and i have do lot of searching since i read abt them., and got reason to belive it to be a fact
so always lookout for this data,
kbesci ( Date: 28-Jul-2009 17:54) Posted:
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I am sorry, typo error...
......bank reporting profit is nothing more then selling asset report as one time off gain and coy report better earning is nothing more than cutting cost, ( that means job cut)..
unemployment is still on the increase, hosuing still got a long way up, 21% down from June 2008, latest report.
cheongwee ( Date: 28-Jul-2009 18:08) Posted:
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I like longcheer and Li heng, in fact........, buy those who have yet to run for more profit. but only strong fundamental counter,
and be snappy.....not too many , afew is good,... easy to off load.
i believe as of now till dow 9800 is not much time left, i am still pessimistic ....
one importat data that is ahead of the market as steted by expert is the weekly initila job claim....remember 70% comsumption, if comsumer is down, unemployment is still poor, the economy can never be OK.
Why is coy reporting profit? Well , this is becos of cost cutting. and bank reporting profit is nothing more then selling asset as on off gain.
danger ahead include prime morgagte and commercial RE. commercial RE is some 1.7T!!!and most of them will be up form Oct till May. 2010...the dangerous been May 2010. when most of the 70% of the prime will be reset.
It is still a BEAR RALLY. .....take care, and be snappy take proftit as you go., next low i expect to be a new low. dow 3800..sti 1000 to 1200..when??? mid 2010.
kbesci ( Date: 28-Jul-2009 17:54) Posted:
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Welcome back, uncle cheongwee, nice to see your posting again.
Any particular s-chip in mind?
cheongwee sti 2600 clear, left dow 9800, and your SAR 2.0, these 2 shd not be a problem. and it is still not even late summer,as he stated by late summer if i am not wrong.
those who jeer cheongwee now make no money but bad name for themselves.Where the heck are they now?
but i thk s chip now going to chiong faster, take some position in s chip .
Next week SAR should go higher because OCBC results out on Monday, UOB out on Wed and DBS on Friday. Petertan wat shares u eyeing after selling SAR?
petertan4949 ( Date: 27-Jul-2009 02:31) Posted:
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u may have run too early, but oil and commodity is heading higher , let see, . vest fr 98.5C. if it cant crosss 2.0 by next week , i will sell and have in mind what to do with the $ make.
believe commodity have been whack low enough, unless crises worsen, deflation happen, then commodites and oil will have to come down, not likely at the moment.
another few % to 2.0, shd be able to see this happen this week.
, and if it deliver gd result then 2.5 will be achievable overtime.
petertan4949 ( Date: 24-Jul-2009 11:02) Posted:
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May i bring to your attn , hyfluxWaterT, someone bring tell me it is creeping up quietly, but as market rally, every good and bad all up. so what, I just take a look, not a call to buy.
this one vol is very low.
Last nite, I post, me though it was Thursday today, forget Friday is mostly down day, so SAR 2.0 may have to come next week .
I make reading of all previous post on this SAR and found when broad market down day, this burger down also, the same few guys will come out and say this is downtrend stock or so on and so on.
But other than that, all post( 80%) are bullish. and another thing is that as they talk the share go higher after consolidate. so the next time they talk you buy fast,
rest assure, they will be here again, when mrkt correct.
I dont post regularly, but i do read this forum.
And that person who call 9800 for DOW and 2600 for STI is coming very close.
just 8% away., and he got one more month . Well, he is "chun" man. Give him a tiger.
I believe Mr Chiongwee is reading this. and your $2 for SAR is also a done deal by tomorrow.
good call .