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err...not this burger..not much FATTY MEAT left liao....at current level.... :P
Isolator ( Date: 04-Jun-2010 16:22) Posted:
My Feeling tell me that at 3.62... is good to short sell...  |
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Looks like you like to short in the bull market, just a note of caution, try not to go against the trend, a bit risky. 
Isolator ( Date: 04-Jun-2010 16:22) Posted:
| My Feeling tell me that at 3.62... is good to short sell... |
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Wealthy Investors Betting on Property, Stocks, Barclays Says Share Business
ExchangeTwitterFacebook| Email | Print | A A A By Sophie Leung June 2 (Bloomberg) --
Wealthy investors globally are avoiding derivatives and hedge funds and turning to property and stocks following the global financial crisis and economic downturn, Barclays Wealth said, citing a survey. More than half of the investors surveyed said they are more cautious than they were before the crisis, Barclays said in a statement in Hong Kong today. About 2,000 wealthy investors who have more than 1 million pounds ($1.47 million) in investments from 20 countries participated in the survey in February and March, it said. “The uncertainty around the prospects and timing of the global economic recovery is causing investors to favor” equities and real estate, Joanna Chu, managing director and head of North Asia at Barclays, said in the statement. Almost 90 percent of the surveyed investors in Singapore said the property market is likely to perform well in the next 12 months, while 68 percent of the Australian respondents said they are positive on equities, according to the survey. To contact the reporter on this story: Sophie Leung in Hong Kong at sleung59@bloomberg.net Last Updated: June 2, 2010 01:53 EDT
My Feeling tell me that at 3.62... is good to short sell...
From Chart look bad...
From funtamental, property reach peak, no much room to grow, which mean price no reason to go up. And worse if bubble burst.. which most likely will happen from my personal "FEELING"..
Why everyone think will go down? I see it as downtrend has stopped for now, can see some divergence and trending up soon. Strength of sellers are getting weaker now (of course may reverse if all of you short it down!
) Today close high at $3.60, more confirmed if it can break $3.75. This is when I analyse the chart but property stocks may not advance too fast, cooling period still not over yet. My personal view only.
I can only say... Short sell this...
hey guys... been bz.. trying to find new job.. wah lau aye so difficult.. employers so choosy... sigh
capitaland no touch for now, im still waiting for durian to drop from sky.. if 3.26 dont hold, then chum.. load up at 2.8 liao.. but i think 3.26 is good entry pt
Farmer ( Date: 01-Jun-2010 18:13) Posted:
Yes, $3.28 - 52wks low may come once Chinese govt announce more measures to cool the ppty market.
Who knows, we may get a lower bargain depending on the overall market conditions :-)
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Yes, $3.28 - 52wks low may come once Chinese govt announce more measures to cool the ppty market.
Who knows, we may get a lower bargain depending on the overall market conditions :-)
This burger just had a pullback to its H & S neckline. From here, it will probably be all the way down
to $3.30 (or $3.25 to be exact).
$3.51 now....21cts more to $3.30!!! :P
ok...more catalyst for this burger going $3.30 target price! hee
BEIJING - China is preparing to levy a general tax on commercial
property on a trial basis in two central provinces, the official China
Securities Journal reported on Tuesday.
The paper cited an unidentified source as saying that Chen Jie, a
senior official with the General Administration of Taxation, had said
the provinces of Hubei and Hunan would be the first to start the scheme.
Mr Chen was speaking late in 2009 and he gave no time frame, the paper
said.
It also cited a source close to the economic planning body in Hubei
as saying that it had proposed to the Ministry of Finance to start the
trial in the provincial capital, Wuhan.
China has been running simulation programmes since 2003 to prepare
for the ad valorem tax, which would replace current levies based on
property transactions.
The simulation schemes are taking place in cities including Beijing,
Shenzhen and Chongqing.
A raft of media reports in recent months suggesting that China could
start levying an annual tax on residential property, with the aim of
curbing speculation, has been helping to drive down the stock market.
The State Council, China's cabinet, said at the weekend that it would
press ahead with property tax reform this year.
The statement on the government's main portal,
www.gov.cn, gave no more
details, but Ting Lu, an economist at Bank of America-Merrill Lynch said
the message was very clear.
'The central government will push forward, though gradually, reforms
on property tax,' he said in a note to clients.
Shares in Shanghai ended down 2.4 per cent on Monday, rounding out
the steepest monthly fall since last August on concern over further
tightening in the real estate sector
this burger on its way to 3.30 !! hee....hopefully the data from China to be released today will give it the catalsyt!! :P
Now why do those 2 words sound so familiar? lol
To attract people, you must shout "
Cheong Aaaarrrhhh!!!"...
hehehe...
Sure? or is it a trap?;)
senecus ( Date: 27-May-2010 17:38) Posted:
Good time to enter for those intersted in c-land.
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Good time to enter for those intersted in c-land.
Nothing to hide. Chng Kay is SGX and those insitutional FA. I also want to be one. No need to play stocks.
But why are you covering up the
left side of the chart?
You are the "
chng kay" (banker)?
lol...
Wanna play the range? 4.0 mid pt failure take half, else score at 4.52.
