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21 Jan 2011 – STI close Down at 3185. Bear Tack Continues.
STI is in a Bear Market now. This is not the time to Buy. Wait for STI to stabilized and starting to reverse upwards, then Buy.
More on my Blog at Alex Trades.
This is just my personal views.
Good luck.
bishan22 ( Date: 20-Jan-2011 19:26) Posted:
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STI broke its major support today. let's see if 3196 points can hold tomorrow.
http://sgsharemarket.com/home/2011/01/broke-major-support/
alexchia01 ( Date: 20-Jan-2011 18:56) Posted:
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20 Jan 2011 – STI close Down at 3205. Bear Tack.
STI goes into a Bear Market today due to possibility of China tightening its monetary policies.
It’s better to take your profits and wait for the storm to pass.
I expect STI could falls below 3200, but not below 3120.
More on my Blog at Alex Trades.
This is just my personal views.
Good luck.
I think there is a need for pull back so sti can go higher.
19 Jan 2011 – STI close Down at 3242. Moving Sideways.
Nothing to say about the market today. STI is still unable to decide which way to Go.
More on my Blog at Alex Trades.
This is just my personal views.
Good luck.
hpong5 ( Date: 15-Jan-2011 21:05) Posted:
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ktnpl2005 ( Date: 15-Jan-2011 19:50) Posted:
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China raises bank reserves again
(Reuters) - China's central bank raised lenders' required reserves on Friday for the fourth time in just over two months, stepping up the fight against inflation that it has vowed will be a top priority for the year.
By forcing banks to lock up more cash with the central bank, Beijing hopes to drain excess money from the economy and tame rising prices, which it worries may stir social unrest.
The move, well anticipated after China's top leaders planted the task of taming inflation at the top of their agenda, underscores the central bank shift to "prudent" monetary policy in December, from its previous "moderately loose" stance.
With inflation expected to stay elevated in coming months, barring a temporary dip in December from 28-month highs, analysts believe more tightening is on the cards.
"The rise is within market expectations, showing that the central bank is really concerned about inflation," said Dong Xian'an, chief economist at Industrial Securities in Beijing.
"We expect the central bank to raise interest rates once or twice more in the first quarter, and we expect two more RRR rises in the same period."
The 50-basis-point increase, effective January 20, will raise the reserve requirement ratio (RRR) for China's biggest banks to a record high of 19.5 percent.
Announced by the People's Bank of China in a terse statement published on its website www.pbc.gov.cn after the Chinese stock market .SSEC .SS had closed, it triggered knee-jerk selling in riskier assets such as the euro and oil.
ATTENTION READER LNY RALLY INCOMING OH YES!! YES!! YES :)
14 Jan 2011 – STI close Down at 3246. Moving Sideways.
Government’s plan to cool property speculation has cause a panic selling in property counters. This cause STI to fall 31 points initially.
May not be a good news for short-term traders, but a good news for mid-term traders and long-term investors. We are able to acquire good property counters at a lower price.
More on my Blog at Alex Trades.
This is just my personal views.
Good luck.
Our future kids could fulfill 4000 and then, 5000 and so on and so forth.
If, only our guys marry more of the foreigners women (those of China pretty babes), the products are super handsome and pretty and bright!!!
Majority of the local singaporean women refuse to give birth , just leave them alone, we have much more choices since our government is bringing more and more pretty and intelligent babes into singapore. BRAVO!!
Hulumas ( Date: 14-Jan-2011 13:57) Posted:
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des_khor ( Date: 07-Jan-2011 10:59) Posted:
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