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thought everyone is saying market is going down this year except me..
S&P future was never green tonight
dealer0168 ( Date: 23-Feb-2010 23:07) Posted:
DOW is green Bk
dealer0168 ( Date: 23-Feb-2010 21:52) Posted:
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but now Dow in red leh........
Emm, see how Dow progress today. |
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In early 2009 every one says market is going down, down, down and in early 2010 most says it will go for mother of bull run.....mm....let's see.
DOW is green Bk
dealer0168 ( Date: 23-Feb-2010 21:52) Posted:
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but now Dow in red leh........
Emm, see how Dow progress today.
KannaSze ( Date: 23-Feb-2010 21:48) Posted:
| really so bullish ? hahah |
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Dow may surprise 2night coz it is coming down from 66% retracement - Theory of Mr. Dow
2010 is the mother of all bull runs ...then interest rate hike to control inflation in year end ..withdrawal of stimulus in 4Q only --- if there is real inflation risk due to recovery in global economies and stock market reaching new highs.... USD will be strong when there is interest rate hike by Fed....so with USD still attractive, DOW will cheong..
i was bullish most part of 2009 but this year is going to be different.
most talks are position talk any way, hahahahahah
but now Dow in red leh........
Emm, see how Dow progress today.
KannaSze ( Date: 23-Feb-2010 21:48) Posted:
really so bullish ? hahaha
smartrader ( Date: 23-Feb-2010 20:44) Posted:
| agree..testing 10.5 tonight.. |
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when persistent shorter , handon is bullish..you better agree...
really so bullish ? hahaha
smartrader ( Date: 23-Feb-2010 20:44) Posted:
agree..testing 10.5 tonight...
handon ( Date: 23-Feb-2010 00:50) Posted:
next session sure 10.5 at least.... quit liao.... 
$$$ keep flowing in US.... non stop....
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agree..testing 10.5 tonight...
handon ( Date: 23-Feb-2010 00:50) Posted:
next session sure 10.5 at least.... quit liao....
$$$ keep flowing in US.... non stop....
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If you travel enough, you will know that common travelers will go where they get more bang for their bucks eg, would you travel to Bangkok if the Thai Baht strengthen to equal value with SGD or to Bali if the exch rate remains the same as today? If a tourist wants to gamble in a casino, would they choose Las Vegas or Singapore if it is the same price? If a company wants to get a service eg, accounting, etc, would they pick Singapore or somewhere equally competent if it is cheaper? Hence, it is clear a strong SGD will definitely impact our service industry.
I personally believe USD will not go lower than 1.30 against the SGD. If it does, probably 1.25 and that means the world is quite chaotic then. In the last financial meltdown, did you see USD going lower than 1.35? Wasn't that a very bad financial crisis already? The world was teetering next to a depression! So please don't think Singapore is immune if USD is very weak. Singapore will be badly impacted as well.
FYI, SGD is one of the most regulated and controlled currencies in the world! It is not floated and is adjusted by MAS regularly. So it is not adjusting naturally by itself as say USD or any traded currency.
Sgd strengthen is on its natural path! Simply because services industry will be no:1 taking near 90% of all Singapore GDP someday!
Sarahli ( Date: 21-Feb-2010 15:32) Posted:
If SGD is that strong, we will be in deep trouble. We will be pricing ourselves out of competition. No FDI or few would want to buy our goods cos we are too expensive. Lose jobs, GDP down, property market down, stock market will be down cos of poor companies' performance, etc. Result? Softening SGD to stimulate the economy again. So, I laugh when people think SGD will strengthen so much against the USD.
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next session sure 10.5 at least.... quit liao....
$$$ keep flowing in US.... non stop....
If SGD is that strong, we will be in deep trouble. We will be pricing ourselves out of competition. No FDI or few would want to buy our goods cos we are too expensive. Lose jobs, GDP down, property market down, stock market will be down cos of poor companies' performance, etc. Result? Softening SGD to stimulate the economy again. So, I laugh when people think SGD will strengthen so much against the USD.
WELL SAID!!!
Totally agree with you, Hulumas. hahaha
Hulumas ( Date: 21-Feb-2010 15:04) Posted:
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In future Sgd will come into same parity to Usd i.e. 1:1.
Yes, Sgd is strong like rock, simply because Singapore has no oil or gold or grain but Singapore has Sgd. That is the answer........ Ha. ha.. ha...
pharoah88 ( Date: 19-Feb-2010 17:49) Posted:
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Will USD cheong against SGD to 1.55? 1.65? 1.75? 1.85?
BUT analysts say SGD is Solid & Strong like ROCK????
SO FUNNY, Singapore has no OIL or GOLD or Grains like Australia????
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In future Sgd will come into same parity to Usd i.e. 1:1.
Yes, Sgd is strong like rock, simply because Singapore has no oil or gold or grain but Singapore has Sgd. That is the answer........ Ha. ha.. ha...
pharoah88 ( Date: 19-Feb-2010 17:49) Posted:
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Will USD cheong against SGD to 1.55? 1.65? 1.75? 1.85?
BUT analysts say SGD is Solid & Strong like ROCK????
SO FUNNY, Singapore has no OIL or GOLD or Grains like Australia????
handon ( Date: 18-Feb-2010 23:12) Posted:
last tips..... USD gng CHEONG BIG TIME....
interests rate hike can smell liao.... hehe....
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ok noted...Susan.
Btw Handon, u are free to speak in the forum. Don't always say will nvr post anymore....
Hehe, bc yr posting is interesting sometimes.
Cheers.
susan66 ( Date: 20-Feb-2010 00:38) Posted:
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I think he means :
whatever against USD eg AUDUSD, EURUSD, GBPUSD sure drop
whatever USD against eg USDCAD,USDSGD sure up
In summary, stock market will go downtrend. But now it's going the opposite direction, DOW green already, not sure later what will happen. Just wait & see. Market is unpredictable sometimes.
Correct me if I'm wrong. Handon, why don't post anymore? Hope you can continue to share your views.
dealer0168 ( Date: 20-Feb-2010 00:21) Posted:
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Handon, yr statement below ...oooo makes ppl blur:
whatever against USD.... sure drop....
whatever USD against..... sure up.....
First statement u say anything against USD drop. Second statement u say anything against USD UP.
Wow........which is which....hahahaha.
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