SGX
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SGX
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my guess tonite DJ will close Green and hopefully tom SGX will chiong...:) lets pray man..
With EU earlier fair performance, DJ follow suit when office opened, now near mid day close, it sees -ve of 17 plus pts. So far there is no adversed news from Wall Street except surging energy(CO, record high 112.78) and foods costs stoke US wholesales prices. And US dollars struggles despite retail sales rebound!!!!
If DJ down trend persists in the other half of the trading day, then STI tomorrow's faith is head at chopping board leow. Better buy some potato chips and drinks for sideline supporters leow. But there is room for our shortiests leh, he he.
AK 2MORROW WUD B GREAT FOR BB 2 PUSH PX UP TO OFF-LOAD COS TIS THURSDAY N FRI DAY STI CUD B DOWN A LOT IF AMD, INTEL, MERRYL N ECONOMIC DATAS DISAPPOINT. U R RIGHT, WAIT 4 REPORT CARDS RESULTS OUT B4 GOING IN.
BB = big boys
Or institutional players.
Hi Sorry AK_Francis, can I ask what you mean by "BB"? Does it mean Brokerage House? Thanks for educating a greenhorn.
AK_Francis ( Date: 15-Apr-2008 11:38) Posted:
With current economy and market votality, esp US and China, and couples with the BBs's analyst grading on this burger, some call sell and some the otherwise. Targets L6.45 & H1058, BT today quoted. Really very confusing.
Nonetheless, for long term investment on this burger is still bright. But to determine when to shop for it, I opine that the period when US qtrly coporate record cards finish distributing and global market sentiments improved.
Last yr, 2 cents I also kept this joker, but now scare. Cheers. |
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hey sorry... i mean SGX
ktlow08 ( Date: 15-Apr-2008 14:19) Posted:
ocbc has a recommendation out on Cosco.. buy; target 8.80
viruz7667 ( Date: 15-Apr-2008 12:08) Posted:
April 15, 2008, 9.56 am (Singapore time) 
M Stanley cuts SGX target to $8
SINGAPORE - Morgan Stanley has lowered its price target for shares in Singapore Exchange
to $8 (US$5.89) from $10.50, saying that the bourse operator's stock
will likely remain volatile amid fickle stock markets. -- REUTERS
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ocbc has a recommendation out on Cosco.. buy; target 8.80
viruz7667 ( Date: 15-Apr-2008 12:08) Posted:
April 15, 2008, 9.56 am (Singapore time)
M Stanley cuts SGX target to $8
SINGAPORE - Morgan Stanley has lowered its price target for shares in Singapore Exchange
to $8 (US$5.89) from $10.50, saying that the bourse operator's stock
will likely remain volatile amid fickle stock markets. -- REUTERS
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Ok, one hurdle gone, ie no one jack up the price during adjust phase. Now, is to see HSI and SHI performance, see whether they will drag down STI in pm or not. So far, no turbulance yet.
Patience is the game leow. Cheers.
SGX seems very stubborn today leh! Dun wish to go down! I am prepared to parachute liao if afternoon still like that!
Only half of the strength of yesterday noon traded. Many amateurs leave their hands for side show leow. See whether got cheap thrill pm trade? Good luck Idesa, the profits taken cover your leave's pay already, oh sorry cum potato chips, drinks etc.
Don't think it is advisable to short today. Volumes too low and no volatility.
Seems like there are mixed sentiment for SGX to go up or down. My take is that this low volume period is in anticipation for this counter to go down to the next support level of $7. Not vested today!!
April 15, 2008, 9.56 am (Singapore time)
M Stanley cuts SGX target to $8
SINGAPORE - Morgan Stanley has lowered its price target for shares in Singapore Exchange
to $8 (US$5.89) from $10.50, saying that the bourse operator's stock
will likely remain volatile amid fickle stock markets. -- REUTERS
Today on leave now at home. Care no less, just SHORT big time! See end of the day got profit or not....Shorted Capitaland @ 6.33... DBS @19.08.... SGX @ 7.96 & 7.91...First Resource @ 0.935. My trading limit exhausted liao! Now sit back with my potato chips and watch the show.
One friend here said shorted this counter and 'legs go soft liao'. I think there'll be at least one more wave down to create a new low. So no need to 'legs go soft' lah. His language adds humour to a serious topic. ;)))
lol. our master shortist has great foresight.
those in, be careful. there's a big local BB buying up SGX.
fyi only. not vested.
With current economy and market votality, esp US and China, and couples with the BBs's analyst grading on this burger, some call sell and some the otherwise. Targets L6.45 & H1058, BT today quoted. Really very confusing.
Nonetheless, for long term investment on this burger is still bright. But to determine when to shop for it, I opine that the period when US qtrly coporate record cards finish distributing and global market sentiments improved.
Last yr, 2 cents I also kept this joker, but now scare. Cheers.
not yet....wait after LUNCH to SHORT...hee....
i think it will breach $8....try after that :D
longer term (at least 1 mth) outlook for this counter is actually down (check macd and bar chart etc), but there appears to be strong buying support today for some reason. something cooking; be careful.
Looking at each of the transaction vol, the main players seem like not around leh? Hope, they return soon. Be ware the players jack up the price during lunch break, ie during the adjustment time, my view.
