
Market is "cheong" now
If louis use back big caps, we all sell, ok?
Louis small cap indeed works. "Zhun man" Market moving ....
hope china follow up support 8% gdp grow investment plan,,,,now very hot follow up recovery rally ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,cheers,,,,,chinna hongxing,,,china energy,cosco,synear,china sky,yangzj,liheng,and noble,strait.res,AUS group,olam,
first usa bailout bank,,,,than 3 auto m,,,,and infrastr investment,,,,china 40b inv package,,,,india also,,,,australia give 8,5b cash let ctz spend latest is hk 100b credirt fac to small c loah,,,,,,,,,,,dont forget market always leaded the economic about 6month early so probaly will heading a recovery mid 2009,,,,,,,,,,,,,so many sweet thr into the market,is history recue plan never before,,,,,,,,,,,,and singapore goverment not done yet,,,,,,,,,,,,,,i thing singapore will follow up cross hand ann sweet plan,,,,,,,,,,,,,,,,hope 2009 akan datang sweet will created a strong and never look back rally...............................................................................cheers
Good joke dnapeh.
Something to laugh for the day.
notice louis now used small cap.
HLJHLJ ( Date: 09-Dec-2008 01:27) Posted:
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Well, congress agreed to bailout the 3 missed managed auto giants, after pressured here n there.
How about the related logistic supplies agencies, will they rcv the same bailout?
If Boeing n MD suffer the same delima, would the above will still be the same antidote to both of them?
How about others, ie taxi, buses n trains services n their respective support agencies also
kena affected, owing to the financial turmoil, will they rcv the same treatments mentioned above?
What next? Really, dun know? So sad ah.
Nonetheless, above is not a panic call, as tomorow likely see green everywhere. Just dun want to
spoil the mode, esp for those who are confident on the market trend now.
think so too, caution is still in the air.
Nice joke! Had a good laugh. Louis is quite confident. Well, it is not unfounded. Dow up now. Obama said will increase spending. Many are waiting to invest as well, so any good news will spur people to go in. Who knows, might be a big way! Nobody knows. I personally feel it will not be a bang one as people are still cautious.
DnApeh ( Date: 08-Dec-2008 20:07) Posted:
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The market will recover but it will be a slow and gradual one. The market indices are forming a basing pattern along with low market volume. That seems to be a clue that hints at something right ?
Blogging at moneytalk.sg on the stock market, ETF and anything to do with money.
my sixth sense tell me tis round recovery rally q strong,my friend who work as fund mngr say redeem period over,my ah moh remiser also say share over sold now having a reverse recovery rally,at least can extend to lunar new year,s-share will follow up china shanghai,now shanghai break thru 2000point and hk hangseng abv 15000point,,,,than sti very soon can reach 19000,
global investors see equities as grossly undervalued. article at link
world markets anticipating a rally - powerful one, i hope.

Maybe this time is real cos louis is using small caps.
im already in the market ,,,,,,,,,,,,,s-share,tomorow will see trader play the advantage without fund kajiao,,,,,and BB FROM GG is back with bottom fishing,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,my ah moh remiser also signal buy,,,,,,,,,,
That is the way to go louis_leecs.
be brave,just go in lah.Remember to buy alot ,alot of shares.
im not going to wait,by the time you all say buy im the one one will leave that wat im do now bec it was best time to go in when bad news out and market ignor and BB take advantage,now look like good news come out,rate cut folloe up and investor bfollow up,so it waos the best time at tis temperary crisis forgotten perior,ppl here will bet for xmas railly,,,,,q sure have strong railly until last day of 2008 and than see obama step in as president railly ,may be it was best time to see sti 2000point,,,,dont agst the trend just follow up the railly,,,,,,,,,,,cheers
In relation to the previous post, below look like pouring cold water, but worth of reading:
Published December 8, 2008 ![]() |
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Until Wall St capitulates, it's best to stay nimble
By R SIVANITHY
LAST week's column advised investors to be careful buying into what was most probably yet another bear trap. As it turned out, the Straits Times Index, which clearly enjoys support from the thinly-traded Jardine group, gave up the 70 points it had gained the previous week through month-end window-dressing when it lost 73 points last week. Jardine's inclusion aside, the advice this week cannot be much different, notwithstanding Friday's rise on Wall Street which was founded on the perverse logic that because the November jobs report was so awful, the automakers will surely have to be bailed out by a government which cannot risk making things worse by not doing anything. In other words, as long as the economic data is terrible, this increases the chances of a government bailout and so the market must go up. This means that the worse the economic figures the better the market reaction - a warped way of thinking indicative of a desperately sinking Wall Street clutching at straws to stay afloat but knowing that it is only delaying the inevitable. There is a growing realisation among investors that the downturn may be worse and more prolonged than previously thought and that markets have not yet displayed the necessary capitulation that could signal a trough. This is a point made several times before in this column but bears repeating - the US market is still overly optimistic and overvalued relative to its economic and earnings prospects, even with massive government help. Investors - those with pockets deep enough to do any meaningful buying during these difficult times - would do well to take note of this. In its Asia Insights titled 'Cautious but looking for ideas', HSBC said it spent two weeks recently visiting more than 60 investment institutions in eight cities, a trip that gave it a reasonably good feel for the range of opinions among fund managers, most of whom were bearish. 'But, while few investors are convinced that Asian markets have definitely bottomed, we found less ultra-bearishness than we expected. Most investors feel that the monetary and fiscal stimulus dealt out by national authorities everywhere will cause growth to pick up in 2H2009, and that the bailout of Citigroup means that all the large troubled US banks have now been rescued.' 'On China, there is a particularly widespread consensus that growth will be strong again by the second half of next year. Consequently, we found many investors keen to discuss where to invest next year: deep value stocks versus blue-chips, China or Korea, deep cyclicals or financials, how about Thailand, is it too early for small caps? We have some sympathy with these views but, since sentiment has not yet reached capitulation (or indifference) point, we suspect that the worst may not be over.' To this we'd like to add that there is growing irrational optimism that China will come good after all its problems in 2008 and that this turnaround will fuel Asian growth and cause Asian economies to decouple from the US. Like the perverse Wall Street logic earlier, this is a highly dubious line of reasoning from a battered investment community desperately seeking to redeem itself after a year of failure by rehashing an old, disproven theme that should by now have outlived its usefulness. Not all is gloom however, and there is some hope later next year - in its Dec 4 Asian Market Strategy for example, Credit Suisse said it believes Asian markets have already priced in a long and deep recession and that its Six Factor Valuation Indicator shows Asian markets to be 50 per cent undervalued. However it called an 'underweight' on Singapore saying 'driven by expected declines in consumer and corporate spending. Domestic demand which has held up well is expected to weaken going into 2009'. Credit Suisse said banks were its biggest underweight while it is overweight telcos and transport. In the meantime, investors with poor timing skills should dismiss urgings to buy now because markets are 'oversold' since the word had no precise meaning in the investment vocabulary and is not a viable basis on which to make an investment. Best to wait until Wall Street capitulates before doing anything - and that could be weeks or months away yet. |
just when we r having our holidays...the DOW Futures shot up...and last Friday went up positively despite the negative economic front...and now seeing HSI more than 7.5% high...
but also remembered that Deepavali that holiday (i think also a Mon right?)...we avoided that bloodshed day
hopefully this high will carry through to Singapore STI tomorrow
Ha ha, morning Nieki green at 353 n HSI climed 1045. This can be
stimulant 4 u 2 day, though no trading in STI.
louis_leecs ( Date: 08-Dec-2008 12:12) Posted:
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