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STI to cross 3000 boosted by long-term investors

 Post Reply 2701-2720 of 69565
 
Tomique
    24-Jun-2013 15:06  
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Asian stocks:   all prices are now " lockock lockock" (rock rock bottom) just because of fear of China economic slowing down. Wall streets tended to be on its own Friday, and though banks and financials are sold down, many other sectors are not and some have even their stocks climbing.  

You got money, you sure to make if you buy and keep for a little.   Lol. 
 
 
Siwomp
    24-Jun-2013 14:04  
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Lesson from China:

Lower Liquidity = Market drop.

US QE Tapering = Drop in Global Liquidity = .......... (esp. EMs)

 

Octavia      ( Date: 24-Jun-2013 10:53) Posted:



The steep sell-off in banking stocks led the index to hit its lowest levels since December. Minsheng Bank lost 8 percent, Industrial Bank was lower by 6.7 percent and Pudong Development Bank fell over 4 percent.

" Some are suggesting that the current state of affairs in China is very similar to that seen in the U.S. pre-global financial crisis. Leverage was cheap and easy, investors and business leaders alike snapped up credit with glee and high leverage levels were king – then it collapsed. Is China in a similar state of affairs?" said Evan Lucas, market strategist at IG in a morning note.


No wonder Dukang and CMZ were down badly today.

 

Siwomp      ( Date: 24-Jun-2013 10:43) Posted:



 
 
Octavia
    24-Jun-2013 11:32  
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It is not so much whether ppl eat veggie,bread or rice.Here  the  concern  is abt companies that  had borrowed excessively  during low interest rate regime to expand rapidly.The chinese authority  is determined to cool the economy and end speculations.You can see that their bank interest rate has been rising and their stock market including Hong Kong are doing the opposite.

ozone2002      ( Date: 24-Jun-2013 11:08) Posted:

market sentiment affects people consuming veggies? hmmmmmmmmmm.....

Octavia      ( Date: 24-Jun-2013 10:53) Posted:



The steep sell-off in banking stocks led the index to hit its lowest levels since December. Minsheng Bank lost 8 percent, Industrial Bank was lower by 6.7 percent and Pudong Development Bank fell over 4 percent.

" Some are suggesting that the current state of affairs in China is very similar to that seen in the U.S. pre-global financial crisis. Leverage was cheap and easy, investors and business leaders alike snapped up credit with glee and high leverage levels were king – then it collapsed. Is China in a similar state of affairs?" said Evan Lucas, market strategist at IG in a morning note.


No wonder Dukang and CMZ were down badly today.

 


 

 
ozone2002
    24-Jun-2013 11:08  
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market sentiment affects people consuming veggies? hmmmmmmmmmm.....

Octavia      ( Date: 24-Jun-2013 10:53) Posted:



The steep sell-off in banking stocks led the index to hit its lowest levels since December. Minsheng Bank lost 8 percent, Industrial Bank was lower by 6.7 percent and Pudong Development Bank fell over 4 percent.

" Some are suggesting that the current state of affairs in China is very similar to that seen in the U.S. pre-global financial crisis. Leverage was cheap and easy, investors and business leaders alike snapped up credit with glee and high leverage levels were king – then it collapsed. Is China in a similar state of affairs?" said Evan Lucas, market strategist at IG in a morning note.


No wonder Dukang and CMZ were down badly today.

 

Siwomp      ( Date: 24-Jun-2013 10:43) Posted:



 
 
Octavia
    24-Jun-2013 10:53  
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The steep sell-off in banking stocks led the index to hit its lowest levels since December. Minsheng Bank lost 8 percent, Industrial Bank was lower by 6.7 percent and Pudong Development Bank fell over 4 percent.

" Some are suggesting that the current state of affairs in China is very similar to that seen in the U.S. pre-global financial crisis. Leverage was cheap and easy, investors and business leaders alike snapped up credit with glee and high leverage levels were king – then it collapsed. Is China in a similar state of affairs?" said Evan Lucas, market strategist at IG in a morning note.


No wonder Dukang and CMZ were down badly today.

 

Siwomp      ( Date: 24-Jun-2013 10:43) Posted:


 
 
Siwomp
    24-Jun-2013 10:43  
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ozone2002
    24-Jun-2013 10:18  
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DBS (Don't Bull Shit)

While STI fell below 3100 briefly last Friday, we believe

further volatility should only result in a decline that is

moderately below 3100 (13.1x or -0.5SD12-mth forward

PE) and comfortably above 2915 (12.3x or -1SD 12-mth

forward PE).

The root cause behind the current correction comes from

the rise in bond yields due to QE3 withdrawal if the US

economic sustains recovery. S-REITs and high gearing

sectors (e.g. property) are likely to underperform the

market given the upward pressure on the risk-free rate.

During this transitional period when focus shifts away

from yield to growth but broad based growth is still

lacking, we are selective in our growth/recovery picks.

One group is the O& M stocks within the SMC space given

their low single digit forward PE valuation and double

digit growth rate in the low to mid teens. Our picks are

Nam Cheong, Ezion, Kreuz and Vard. The large cap O& M

pick is Keppel Corp.

 
 
hlfoo2010
    24-Jun-2013 10:06  
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winner feel fun loser no fun.

data ,charts, weather, radiation.., food poison... , top CEO report card too good...

something wrong coming ????
 
 
tanglinboy
    24-Jun-2013 07:35  
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Fun day ahead? :)
 
 
GorgeousOng
    24-Jun-2013 07:10  
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Good morning ....hokkien song for your breakfast......Huat Kueh claim from Peter Pan ...hahaha!!!

好 运 歹 运 总 嘛 要 照 起 工 来 行 三 分 天 注 定 七 分 靠 打 拼 爱 拼 才 会 赢 一 时 失 志 不 免 怨 叹 一 时 落 魄 不 免 胆 寒 那 通 失 去 希 望 ....

Enjoy n have a great day!!!
Yam Seng!!!!in the morning????
🙈 🙉 🙊 🙊 🙉 🙈
 

 
GorgeousOng
    23-Jun-2013 23:28  
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Author: stistocktrading | Publish date: Sat, 22 Jun 10:31 | >> Read article in Blog website





In the week, STI has established a lower high at 3239 and today close positive with a bullish reversal candlestick at 3059 support with high volume.

From the indicators, RSI and Stochastic are pointing downwards signaling we may see more retracement in the following week. MACD histogram 4g2r is also a indication for more selling pressure to continue.

Next week will be a great week for trading as a breakdown of 3059 support will confirm the downtrending direction of this market while a break of 3239 resistance could signify the indices will be heading upwards to establish a higher high. This break of resistance would also be a bullish double bottom breakout for the index.
 
 
tanglinboy
    23-Jun-2013 22:46  
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Another volatile week ahead?
 
 
Octavia
    23-Jun-2013 18:48  
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Welcome back,Sista. Tmor grab tight for another tubulence.Smiley 438



halleluyah      ( Date: 23-Jun-2013 09:00) Posted:

Bro Octavia, I'm back. Got any "kang tau" or lobang fr me? Tomolo Sti will b up but Psi down.

Octavia      ( Date: 22-Jun-2013 23:50) Posted:



No worries.I think she just  pre-occupied with some church works.Staying away from the current volatility could be a blessing in disguise.

 


 
 
Octavia
    23-Jun-2013 18:39  
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Malaysia PM declares emergency in Muar and Ledang, API surpasses 750 this morning.

 
 
Siwomp
    23-Jun-2013 16:09  
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Informed guess.....hehe

Siwomp      ( Date: 20-Jun-2013 14:11) Posted:



I need to check the global wind chart... if there is still heavy wind in Taiwan, then good chance can hit 500... if  Taiwan no heavy wind.. then haze will be gone the next day.

Haze should fall below 100pt by this Sunday. 

Smiley

LoveToInvest      ( Date: 20-Jun-2013 13:40) Posted:

What's the odd for PSI now?if PSI hit 500 the whole SGX will stop tradin


 

 
PauloGan
    23-Jun-2013 14:17  
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Spermsucker is such a toad.
On one hand he expect STI to hit 2850, on the other, he encourage others to buy on dip. A sperm tadpole with a bad heart.

risktaker      ( Date: 23-Jun-2013 12:14) Posted:

Sti likely to open lower by 20-30 tomorrow..... if that happen... just buy on dip....

 
 
GorgeousOng
    23-Jun-2013 13:48  
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Ayiok! At last sista report here!!! I thought you kena kidnap!!! Ada satu tahun church camp di JB saya bertumu orang jahat... sampai sekarang masih takut lagi! Nasihat baik muka saya masih cantik after reconstruction!!! Sista sekarang sudah rehat cukup Monday boleh chiong arh!!!Cheers!!!!

halleluyah      ( Date: 23-Jun-2013 08:52) Posted:

Dik, pagi. Tks fr missing me...haha. Just recharged...spending more time wth our Father. He is a jealous God. Dik pasti huat banyak arh. Sti turun tapi Psi rally....lol.

GorgeousOng      ( Date: 22-Jun-2013 16:02) Posted:

Macho man, our dear Sista halleluyah has been missing for one week . I am very concern(no kidding)Pray that she is being take care by HIM..wish she will report here on Monday . Or we should go to her church and find out what has happened... I give her till Monday ...


 
 
risktaker
    23-Jun-2013 12:14  
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Sti likely to open lower by 20-30 tomorrow..... if that happen... just buy on dip....
 
 
tanglinboy
    23-Jun-2013 12:12  
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PSI seems very good today
 
 
halleluyah
    23-Jun-2013 09:00  
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Bro Octavia, I'm back. Got any "kang tau" or lobang fr me? Tomolo Sti will b up but Psi down.

Octavia      ( Date: 22-Jun-2013 23:50) Posted:



No worries.I think she just  pre-occupied with some church works.Staying away from the current volatility could be a blessing in disguise.

 

GorgeousOng      ( Date: 22-Jun-2013 16:02) Posted:

Macho man, our dear Sista halleluyah has been missing for one week . I am very concern(no kidding)Pray that she is being take care by HIM..wish she will report here on Monday . Or we should go to her church and find out what has happened... I give her till Monday ...


 
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