
no really, maybe they are on another counter riding even better stock...
look at GAR..i bought this one yesterday..run faster than SAR..can SAR run faster pls..
richtan ( Date: 20-May-2009 16:16) Posted:
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cheongwee ( Date: 20-May-2009 10:30) Posted:
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Congrats to those holding SAR
Those waiting for below $1.30 or below must be now mouth-salivating, drooling, hahahaha....
see more bank failure in 2009
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Last Updated 05/18/2009 | Customer Service |
just count the bank that fail till May 09...
and increase umemployment,result more default on credit card loans..more forclosure...commercial RE...are collapsing...
data that improve are just a tick up in a long downtrend....
19 big bank one stress test, and 10 big one need more $$$....and we are taking at face value that the test is not a scam...if it is...then maybe more bank need to top up.
and that is for big one....how abt thoise small one...there are a few thousand bank in theUS..
do you know many banks are failing every month???..
so the water is good, let get back in to wait for the next tsunami???...not me.
cheongwee ( Date: 20-May-2009 11:22) Posted:
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I not only bot at 1.30, taking a gamble, hoping it will bounce from 15sma, I even bot more on Mon at 1.16 as I noticed it always bounced up from 25sma
cheongwee ( Date: 20-May-2009 10:58) Posted:
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no i got to not agree with you, i thk this is a bear market rally, which will last some 6 mtn or longer with correction to dow 10000...
trillion dollar will cause high inflation, and worth stagflation if the fianancial are really sick, and i believe they are still very sick...and take mopre losses and take yrs to recover...
high inflation are also bad for stock market..high oil px..
imagine high oil px, with no economic or min growth....all stock will collapse..
deflation already happening, next i thk will be stagflation..the worse fear of everyone.
Ben does not scare high inflation and deflation with growth, he is more scare of stagflation.
richtan ( Date: 20-May-2009 11:09) Posted:
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No, definitely no doubt.
I believe in the fundamentals of SAR.
My initially doubt was your friend making too optimistic prediction tat within a week, SAR will reach xxx (cant remember the figure), which is rather unrealistic to me & for sure, it didn't hit when the time is up.
But of course, nobody is 100% accurate, he may be right at times.
For sure, it will hit 1.90 & above, but when?, can't predict & I m not MFT, so no prediction from me.
cheongwee ( Date: 20-May-2009 10:58) Posted:
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CW,
Rest assured Im not a single bit worried, I do believe DOW 10,000, & I m sure this is not a bear mkt rally, just imagine the trillions of money being printed & the stimlus prime-pumping by all the governments & low savings interest rate, all this money will flood back to equities for sure.
cheongwee ( Date: 20-May-2009 11:02) Posted:
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Thanks for your sharing, but I only vested in gold.
Nothing wrong with silver but my preference is still gold, as to me gold is real money while silver is an industrial metal, of course it will also appreciate, but still I stick to my gold.
cheongwee ( Date: 20-May-2009 10:55) Posted:
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Dont worry ,richtan....i still see dow 100000..sti 2600 to 2800...if we get there...my 1.9 maybe higher will be achieve easily...
when???..........by end september..DYODD
u told me u bought at 1.3...so make $ can ahahahah...do u still doubt abt 1.5 then 1.9 to 2.0....
your OCBC research is behing DMG...long before they already said 4.0
richtan ( Date: 20-May-2009 10:49) Posted:
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to richtan and Laulan...2 to 3..mths back, i went to UOB..Bt Panjang Branch to buy silver( silver saving acc) at ard $10...
most of girl there at the counter know me well.. they know i have been buying since year back at ard 4 till nw..and i told them fact abt gold and silver as that day there was little customer so they were free, they said they also convince to buy,..as they know i bought alot...i told them abt DCA,,
and they told me, this type of acc , very few ppl open...i told them to faster open silver acc, because if the day come, they see long q to open silver saving acc, silver will be 100 already.( such is the mentality of the ppl , they will chase)..they look convine as i told them fact abt silver and also i put money where my mouth is.( i bought some 2310 oz)..they look convince...hope u all buy ..but to buy at 10,,,then wait sept.
cheongwee ( Date: 20-May-2009 10:18) Posted:
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SAR running up.
Thanks also to those shortist doing short-covering
cheongwee ( Date: 20-May-2009 10:30) Posted:
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even if all Qianhu , stamfordld, SAR, armstrong, all cheong also, cannot beat my gold and silver stock...yesterday cheong like gold is 2600...hahaha....all ave 6 to 10% within the day.
but dont buy gold and silver now,buy in september....you got cahnce to buy at 780 to 800..at than time buy silver stock..
nw u know why silver soar faster than gold like i posted...just look at the GSR ...it is 1 to 65....fr 1 to 88..just mths back...
imagine if gold is 1504 XOP...wat is the px of silver..if the ratio is 1: 45...my target....$33
and if 2600...my tg ratio is 1:25...that put silver at $104!!!!..
buy silver....
ok, today i try my luck at SAR again...q at 128..and i got it...maybe it is a nice number..1...2...8
sound good..and it is in the money...although it is only 25 lots..