

Same here. POEMS is still inaccessible. Hotlines may be jammed due to high no. of calls. If you have the POEMS mobile WAP, you can try that.
There's one whole new thread just on this problem today.
Me using the Telebroker, no problem with it. But the website still down.

http://news.asiaone.com/News/AsiaOne%2BNews/Asia/Story/A1Story20070810-21472.html
Elfin, wed close was 3413, the high is only 3416, not 3465.
If STI falls way below 3309, say reaching 3081, I would consider this as last wave as wavelet E. Another word from a ht of 3665 to 3081 (wave A of beginning bear) breaking the support at 3310 (the ht before Feb fall) lends itself more to a bearish indication.
Live chickens will get to cluck another day. But dead tigers... well... end up getting skinned.
The tiger cub in me is now just watching Bloomberg... See below (Time is US time, abt 12 hr difference)
INDEX | VALUE | CHANGE | TIME | |
NIKKEI 225 | 16,721.96 | -448.64 | -2.61% | 22:00 |
HANG SENG INDEX | 21,797.94 | -641.42 | -2.86% | 22:21 |
agree with manikamaniko: follow the trend. see what's happening.
too many shortists and contra players in the market. will be a very rough ride up.
true fundamental players have all but outed of the market; else they're holding on to what they bought more than a year ago (ie, still on quite a bit of profit). if you're not vested, now's not the time to enter.
C wave in force. the B wave i calculated for sti was to max high of ~3465 (lks like wed's close then). Then fall is to 3096.
calculate your funds and see if you can take the 10% fall and still buy in. if not, it's capital/profit preservation time. tech players by right shd be out of market; it's momentum and shortists at work now (wing tai is perfect for major intraday swings). FA ppl, don't havta rush to buy yet. at least another 188 pt fall possible.
good luck all, keep your sanity. perhaps best to go into hibernation for the rest of this mth.
well, giantlow/cks, looks like this time, my puts will be in the 20% that are, unfortunately, profitable. :(
Yeap, lot of peoples are waking up in the nice hotel room by their broker this morning.
Broker: Mr.XXX: did you watch what happened on 'DOW' panic selling news last nite?
Mr.XXX: nope I was sleeping nicely on my hotel bed last nite!!!
(shit why this happen when I'm holidaying, sell off all my position and dun bother me)
lolxxx...

Me, not so greedy as Skeleton. If STI goes up by 42 points on Friday, I'm more than contented.
Hehe..EastonBay...i only ask for 4,200 points by end of this year, you lagi greedy leh, one day 42 points....till the end of this year (how many more days ?)...wow...DOW also must follow STI movement leh.

Celebrations over...hopefully friday morning STI don't see RED RED all over like the NDP can liao.
Good Luck All

lausk22, thanks for the special dedication!!! Am overjoyed!!


Scotty: am not sure if I was too absorbed by the sight and sound of the parade at Marina Bay that I missed the part about mother earth or they have another set of narrations for TV audience? One thing I noticed is, this year they completely do away with 2nd language narration (in Mandarin, Malay and Tamil live at marinabay). I saw many old people looking lost, my mother included, as the entire parade was done in English... They did not know what's going on.. where to look.. While we aspire to become city of possibilities, it has become a city of increasing alienation to older generations who do not speak and understand English.
Solid NDP parade! The best I've seen in some years.
But one thing I found kinda cheesy and made my hair stand was the narration of Mother Earth and stuff....
One scenario of a weak US currency is when US starts lowering interest rate and thus flood the country with more liquidity. This will naturally result in further inflation and hence prolong and even increase the rate of commodity bull run. Countries who are holding on to US reserves would not be too happy about this and commodities business will immediately benefit from price increase.
Read up on money supply to understand further.
davidxiao,
It will also depend on the USD vs other major currencies.......would the US have also weakened proportionately against the yen, euro, yuan, pound and A$? If this is so, then US inflation will rise and the Fed will have no choice but to raise interest rates. As we all know, the market is very nervous at the possibility of a rate rise..... this will cause some downward pressure in the equities market.
The raising of interest rate will also help to firm up the USD......hence it may stem the fall of the USD and perhaps be an impetus to its recovery.
As for spore stocks, watch out for companies which are heavily USD revenue dependant........this will include sectors such as oil and gas, transportation......when translated to S$, revenues will be lower......and if their costs are mainly in S$, it will be a double whammy.
Me no economist......just my S$0.02cts worth.
Hi all
Happy 42nd birthday Singapore
what you think of Sing Currency if
US$ : S$ = 1 : 1.3 .......
what will happen ...... like property.......share market.......
EastonBay...my Friend....;) ....this is specially for u.....
When the market is down
Many doomsayers will be around
They will talk about the lowdown -
The bear will beat the bull in the showdown
Predict the markets will meltdown
All stock prices will comedown
Rumour that broking firms will clampdown
Profits of companies will slowdown
The world economy will breakdown
Protectionism will be the talk-of-the-town
People spending will be cutdown
Bullish talks will get the thumbs-down
Now, how do all these sound?
Sound rather familiar, right Now?
When the market has a turnaround
No doomsayers will be around
As they know they will sound unsound
These same people will talk about boomtown
The bull will beat the bear hands down
Predict the market will break new ground
All stock prices will not comedown
Even penny stocks will go up by leaps and bounds
Where buying opportunities are easily found
Rumour of mergers and acquisitions are around
Companies will give bonuses and dividends abound
Making monies is like picking them from the ground
Surely this second stanza will be a more welcome sound
Want to hear more - please stay around at this SJ ground
Happy National Day, Everybody!!!
Me, will be in RED t-shirt, sitting among jabbas (cks's buzzword), watching NDP LIVE..
Happy 42nd Birthday Singapore...
Me, not so greedy as Skeleton. If STI goes up by 42 points on Friday, I'm more than contented.
hi Baseer, below fireworks as requested datuk...
As I have said (which I now do), I started this morning with red wine.. French Merlot...and then followed by white snaps - to follow the national colors...
but actually eau de vie.... made from apple... and was told this was a Hungarian traditon
below fireworks was created with many cups of eau de vie in me.... so excuse the riotiousness...