Genting Sing
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You all like to punt on earnings is it? No need to wait till 13 Aug, everyday there's earnings announcment.
Rotiboy! How's ocbc? Thumbs up or thumbs down?
Tmr morning got property earthquake, Crapland's results will be out pre-market hrs. Will it rise from the grave or continue its journey Down The John?
I better spend more time here typing today rather than click 'buy' or 'sell' buttons. Nonetheless today is a huge day on sgx, opportunities aplenty to win big or lose big time.
Lol!!
muifan ( Date: 03-Aug-2011 12:55) Posted:
if can re test 1.58 near to earnings day on 13 aug...
 u big big leh
eastcivic ( Date: 03-Aug-2011 12:45) Posted:
don't sad face la.....
could still turn out to be   |
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wahahah especially at this mth
Gaecia ( Date: 03-Aug-2011 13:03) Posted:
You....look very terrifying.
Like... hao xiong di.
iPunter ( Date: 03-Aug-2011 12:36) Posted:
Why you load on the rebound?... 
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I think STXOSV is ok lah.
In fact, I was expecting this correction when STXOSV could not cross $1.58.
Brought mine at $1.50, 2 weeks ago and still holding.
I would have sold if I think it's not good.
As long as price don't falls below $1.44, the uptrend is still intact.
When market starts to move up tomorrow, I believe SYXOSV would follow.
muifan ( Date: 03-Aug-2011 12:55) Posted:
if can re test 1.58 near to earnings day on 13 aug...
u big big leh
eastcivic ( Date: 03-Aug-2011 12:45) Posted:
don't sad face la.....
could still turn out to be |
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You....look very terrifying.
Like... hao xiong di.
iPunter ( Date: 03-Aug-2011 12:36) Posted:
Why you load on the rebound?...
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abit too early to load in....
but if today stx forms a hammer(there is a good chance since a lower tail seems to be forming up) and tomorrow a bull candle, then it may test 1.58 resistance again.... so buying now is not exactly a bad decision. it could turn out good..... good luck muifan!
iPunter ( Date: 03-Aug-2011 12:36) Posted:
Why you load on the rebound?...
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:(
stx bounce off the support at 1.46...unless 1.46 is broken down..then more downside..
my thoughts are stxosv got no bad news and it went down a lot...
maybe sounds stupid..
iPunter ( Date: 03-Aug-2011 12:36) Posted:
Why you load on the rebound?...
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Why you load on the
rebound?...
loaded 5 lots stxosv at 1.47...
eastcivic ( Date: 03-Aug-2011 11:38) Posted:
Smarties!
only smarties have the answer!
Gaecia ( Date: 03-Aug-2011 10:38) Posted:
If you would recall CNY, it rallied on the eve for 3.5 hrs only. The prophetic CNY rally took place but effectively a v short lived bull trap. After we came back from CNY break, it was downhill the entire month. Why? Most funds do not track performance on a monthly basis, 2nd month in the quarter is hardly subjected to scrutiny by clients. Its normally the last month of the quarter that matters most. I'd only asked eastcivic before whether there will be a National Day Rally, not that I meant there will be one.
Depends on Wall Street actually, Fri night there will be non-farm employment report. Today there'll be ISM July key services data. Mid-week weekly jobless claims numbers. If economic figures keeps throwing up negative surprises, the White House can come out anytime & 'talk' their way of seriously deliberating add'l stimulus with QE3 to stop the bleeding on Wall Street momentarily. All events are highly speculative in nature, do you really wish to be part of this onslaught or rally?
Who has the answer |
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Smarties!
only smarties have the answer!
Gaecia ( Date: 03-Aug-2011 10:38) Posted:
If you would recall CNY, it rallied on the eve for 3.5 hrs only. The prophetic CNY rally took place but effectively a v short lived bull trap. After we came back from CNY break, it was downhill the entire month. Why? Most funds do not track performance on a monthly basis, 2nd month in the quarter is hardly subjected to scrutiny by clients. Its normally the last month of the quarter that matters most. I'd only asked eastcivic before whether there will be a National Day Rally, not that I meant there will be one.
Depends on Wall Street actually, Fri night there will be non-farm employment report. Today there'll be ISM July key services data. Mid-week weekly jobless claims numbers. If economic figures keeps throwing up negative surprises, the White House can come out anytime & 'talk' their way of seriously deliberating add'l stimulus with QE3 to stop the bleeding on Wall Street momentarily. All events are highly speculative in nature, do you really wish to be part of this onslaught or rally?
Who has the answer?
eastcivic ( Date: 03-Aug-2011 10:15) Posted:
if i'm never remember wrongly, last year there is no national day rall |
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Hongkong crashed down vertically 2% on opening...
US credit rating agencies' are load of crap. just before lehman popped, they graded it the highest rating.
Read this:
Chinese rating agency cuts U.S. debt again
Move unlikely to affect markets, even in Hong Kong
LOS ANGELES (MarketWatch) — Chinese credit-rating agency Dagong Global Credit Rating Co. on Wednesday again downgraded U.S. sovereign debt and warned of further such moves, the state-run Xinhua news agency reported, though the action was unlikely to affect markets.
Dagong cut U.S. Treasurys to A from A+, with a negative outlook, saying growth in U.S. debt is still outpacing revenue growth.
The latest move followed a Dagong downgrade of U.S. debt from AA to A+ in November, citing the launch of the Federal Reserve’s second round of quantitative easing.
“The agency said the approval to raise the debt ceiling indicated that there will not be any positive changes in factors that will influence the country’s debt-paying ability in the long run,” Xinhua reported.
However, the move was unlikely to impact markets, even in the Chinese financial hub of Hong Kong, given the lack of reaction to past Dagong ratings actions.
“At this stage, [Dagong ratings are] not widely a focus of concern,” said Conita Hung, head of equity markets for Delta Asia Financial Markets in Hong Kong. “I don’t think it will have a major impact on markets.”
She said that in any event, the flailing economic recovery in the U.S. and Europe are generally of more concern to Chinese markets than are the credit ratings. Read more on Chinese reactions to U.S. credit ratings.
An Agence France-Presse report noted that Dagong’s chairman is also a paid adviser to China’s government, though the firm insists it is fully independent.
The news came the same day as a Xinhua editorial said the U.S. had failed to defuse its “debt bomb.” See report on Chinese state-media comment on U.S. debt.
Michael Kitchen is Asia editor for MarketWatch and is based in Los Angeles.
http://www.marketwatch.com/story/chinese-agency-cuts-us-debt-rating-again-2011-08-02-2155480
sinetic8 ( Date: 03-Aug-2011 11:09) Posted:
except CHINA..
muifan ( Date: 03-Aug-2011 11:04) Posted:
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stock market will go down at least for this week or next. but this will keep going up for the next couple months!
COE.
they wont downgrade one la.. not now
but tat doesnt mean stock will go up..
anyway.. thursday or friday = profit taking day?
except
CHINA..
muifan ( Date: 03-Aug-2011 11:04) Posted:
not yet by S& P ... :D
sinetic8 ( Date: 03-Aug-2011 11:03) Posted:
YET.. 
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not yet by S& P ... :Dsinetic8 ( Date: 03-Aug-2011 11:03) Posted:
YET..
muifan ( Date: 03-Aug-2011 10:58) Posted:
USA CREDIT RATING
NOT DOWNGRADED |
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YET..
muifan ( Date: 03-Aug-2011 10:58) Posted:
USA CREDIT RATING
NOT DOWNGRADED |
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USA CREDIT RATING
NOT DOWNGRADED
closed kepland :)
