SGX    Last:17.63    -0.07

SGX

KC?

 

 

Yes, agree...a lot got peng san....only the traders (in and out type) survive the meltdown from $16-$6, some with little damge. But the long term ones and averaging down type suffers the most...this is the way the game is played, the KC will call the shot, who win who lose.....

iPunter      ( Date: 07-Jul-2008 09:02) Posted: At every dollar down from $16.00 till $6.00 (down by $10.00), many thought it was good valueto buy... So many bought and bought... and averaged down, and averaged down some more, due to such 'good value' since it's much cheaper. But the end story as of today is... 'peng san'...

 

So many bought and bought... and averaged down, and averaged down some more, due to such 'good value' since it's much cheaper.

But the end story as of today is... 'peng san'...  

 

There may be downside from here, probably another 10-20%, but I see that it's almost time to start accumulating equities, which will be better in overall economy in 2-3 years. I see that it's time to create a strong portfolio if one is looking on a longer term view. Of course, blue chips will be the choice.

SGX had from its high of $16 to now $6+, I see value in SGX now though a lot of analysts TP $5.00. Should that comes (which nobody knows right now), I will buy in more. SGX was trading around $5.00 about 4-5 years ago. But SGX value is no longer the same now compare to 4-5 yrs ago. If SGX will ever trade at that level now, I am confident to say it's undervalue.

My view only! Do your own homework.

 

Personal Target 6.45

 www.investinsgx.com

 

 

"Bo hee hey ah ho"... 

 

no big catch this week. no fish, shrimps also jadi loh. sail again next week.

 

Tigress... :)

Looks like yesterday was the shorting high...   

Anyway, not to worry...

there's plenty of trading opportunities ahead... just scrutinise the charts closely. 

 

IT definately might rebound a bit.. any recommended shorting TP?

 

Temporary only lah. It will fall on Monday again.

Tonight Dow is not trading because of independence day holiday so today trading on Singapore market will be very slow.
 

idesa168      ( Date: 03-Jul-2008 22:58) Posted: DJ doing well right now....SGX will go up....I bang liao!

 

Dow +99 now

From Yahoo...

idesa168      ( Date: 03-Jul-2008 22:58) Posted: DJ doing well right now....SGX will go up....I bang liao!

 

as u know dj closes at 1.00 a.m. ET.......it is a possibility tt it is pump n dump (busl) near to 1 a.m.

 

DJ doing well right now....SGX will go up....I bang liao!

 

I thought raising rate slightly at this point is good. It helps to stabilise the markets. Of course, more raises are not good, but it is a good soln for the time being.

lookcc      ( Date: 03-Jul-2008 20:10) Posted: though hope will go up 2morrow but still think wud drop further 2morrow....ecb just raise rate by 25bps....not good 4 equities n oil likely go up.......bearish outcome 4 dow n global stk markets except oil counters.

 

though hope will go up 2morrow but still think wud drop further 2morrow....ecb just raise rate by 25bps....not good 4 equities n oil likely go up.......bearish outcome 4 dow n global stk markets except oil counters.

 

With this kind of closing, I am sure tomorrow will cheong....without me.....6.80 tomorrow? 6.90? I bang liao!!!!

 

ha ha the 2 cts theory loh. same with other counters such as KepCorp etc.

KepCorp closed at 10.46, last 30 sec I sell at 10.56, a near miss as it closed at 10.52 during preclose period. I also tried to buyin for SPC 6 cts lower after close, but to no avail, its very strong. Must Q now to buyin 2morow leow, may be few cts higher, though its TGIF.

 

Kelong close....I panic on the selldown from 6.65-6.51 that I let go @6.51, now close 6.65...$%^&*()! I was Buay Zai lah...shit!

 

Today the movement is volatile.. it rebound so fast once it hits 6.51 --> 6.65 to in less than half an hour?

 

Intra-day shorting is not advisable...

Give it 3-4 days...

 

But if you profitted quickly, you should get out in 1 - 2 days.