Straits Times Index   

STI to cross 3000 boosted by long-term investors

just a gentle reminder. Sell into strength..

STI 3,228.66  93.72 (2.82%)

teeth53

Posted: 20-Aug-2007 00:15

Can anyone has..or say we got what we has....financial muscle strength by pumping many billion into bank, lower interest rate and so on....to ride out over this dark cloud hanging all over this world is trying to bufff......and trying to ensure ppl's all over that this storm will blow over....come on, of course. We will not before riding into stage 3. We are facing at the word, confidence right in our own face and in our sub-conscious mind. scary 1st credit issue, then credit squeeze, next credit crunches, what next ?, credit melt down. Cash is king....Hmm 18Aug2007   * Alert Admin Sell into strength...Sub-prime woes is spreading into US housing woes payment scheme, cutting deeper into US economy and pushing  further US to test it recession as FED ponder on how to save...this credit crunches from melting away. (Setting stage 3 into turmmoil)For a start FED cuts discount rate on loan to banks. What next...

 

Newmoon.. :)


Sir, you've done most of the thinking for us already ...

and I think it's all great thinking !.... hehe...

 

This credit contraction is not only a credit crisis but an insolvency crisis.

More credit will not insolvency.........I would like to know what you think? 

 

Who is going to buy the negative equity homes ?

This market behaviuor is not a normal profit taking downturn,-looks more like real loss of confidence .

 

Banks and insurance companies have not revealed what derivatives they hold-best to avoid them until the dust settles

 

550 billion dollars of commercial paper set to mature(bloomberg)

Any takers? 

 

Thus, should not propagate info that WE have no inkling with it.

 

I agree fully with Newmoon... cheers, Sir... 

 

In a bear market good news is quickly dicounted but bad news and doubtful news causes a sell down.

Such is the human psyche.

For those who are long and wrong they should buy an approprite put to hedge their position .(insurance)

 

"Barring a sudden northerly veering of the track of the storm, Gulf of Mexico production should be materially unaffected," Citigroup analysts said in a research note.

 

The market is down 58pts , sure enough, disappointing the hot frogs!

 

Monster hurricane could disrupt oil installations

Excuse for index to retest 3200  first.

 

Singaporegal... :)


The volatility is caused by hot frogs jumping and springing!!! hehehe...

But I know our DaJieJie is far from being one of the volatile jumpy hot frogs...

 

It's what's possibly beneath the iceberg that's scary if one cares to think about it...

Now think about it...

Can a bull market (ie. stocks rising and rising) really exist or continue in such a financial situation as now?

Looking back, there were 'plain-to-see' warnings as far back as one month ago!!!
(eg. from thorough TA readings, current events etc hinted at bad sentiment seeping in gradually.)

But  'hot frogs' were still hot then... 

 

Lagi more exciting than bungee jump!

 

Really volatile today... market changes direction like lalang grass. Scary.... 

 

Limited Restriction is still self impose on certain nos of penny stocks, thou penny stocks price seem to be cautiously moving up...need to pay up before selling. that is call no contra-ring.

 

Penny stocks play or punting will not be that spectacular speculative. Self impose not on...last week, only happen yesterday morning, can expect stocks to move in a more cautious way this week, B'cos of the underlying current have not been spell out on how to solve stage 3 problem.

 

DOW +42.27 13,121.35 +0.32%

NASDAQ +3.56 2,508.59 +0.14%

S & P 500 -0.39

6:00pm:  Blue-chip barometer leads turnaround effort as major gauges recover from earlier selloff. (more)

Capital One and the domino effect

7:34pm: As Capital One shuts its mortgage operations, experts say more commercial banks are teetering on shaky ground. Fortune's Katie Benner reports.  (more)

? Capital One to close mortgage unit, cut jobs

? Sentinel charged with SEC violations

Panic eases, credit woes persist

12:55pm: Fed's move to cut discount rate fends off liquidity squeeze, but underlying credit problems aren't going away. (more)

? Risk returns with a vengeance

? Housing woes hit high end too

FYI:

Easy into easing credit crunch by FEB chief help to ease the under lying current tighting issue, volatility has ease a little for now as ripple effect will still be felt world wide. Jusy my tot.

We are back to stage 2 while trying to solve stage 3 problem

 

This morning i contra off my ban joo through my remisier (uob kay hian) no problem which i bought on friday.