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STI to cross 3000 boosted by long-term investors

 Post Reply 67021-67040 of 69565
 
scotty
    09-Aug-2007 22:10  
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I think the trading volume will be quite low tommorow because many people may be on leave and also it is a Friday.
 
 
White_Tiger
    09-Aug-2007 21:46  
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Welcome newbies & beginners, after all this while of encouragements & supports I really appreciate the jokes u all shared with me, the unconditional jokes that brings so much colors into my humble life. To show my deep down sincere gratitude to newbies who gave me a chance to stand on this platform, I shall delicate a music deep down from the bottom of my heart specially for u......

When the market is high

Newbie welcome of market highs

Buying and buying at all time highs

Looking up and ignore the physics of gravitation high

Sophomore contrarian delude the definition btw lows & highs

Dream of a millionaire in an exuberance high

Holding on to a penny as it is a dollar

Who think that it will come and go in a flash?

Thinking that the bull reversal was only yesterday

The race has only started

Dark clouds hovering above the sky

What the heck it will pass like ever before

Standing on the edge of the cliff I bear the risk

Thought the bull was only yesterday

 

 

Sincerely yours from the bottom of my heart

WT with full of love

 
 
newmoon
    09-Aug-2007 17:42  
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Quote of the Day;

President Bush "I think we should crack down on predatory bank lending" 
 

 
lausk22
    09-Aug-2007 17:08  
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SmileyFor those wish for the coming of the fullmoon Smiley

 

When the market is down

Many doomsayers will be around

They will talk about the lowdown -

The bear will beat the bull in the showdown

Predict the markets will meltdown

All stock prices will comedown

Rumour that broking firms will clampdown

Profits of companies will slowdown

The world economy will breakdown

Protectionism will be the talk-of-the-town

People spending will be cutdown

Bullish talks will get the thumbs-down

Now, how do all these sound?

Sound rather familiar, right Now?


When the market has a turnaround

No doomsayers will be around

As they know they will sound unsound

These same people will talk about boomtown

The bull will beat the bear hands down

Predict the market will break new ground

All stock prices will not comedown

Even penny stocks will go up by leaps and bounds

Where buying opportunities are easily found

Rumour of mergers and acquisitions are around

Companies will give bonuses and dividends abound

Making monies is like picking them from the ground

Surely this second stanza will be a more welcome sound

Want to hear more - please stay around at this SJ ground

 
 
newmoon
    09-Aug-2007 16:44  
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Skeletons falling out of european bank's cupboards.

Bank Paribas(largest french bank) has frozen 3 funds related to subprime  mortgages.

Last week it said that it's exposure was negligible but now it is 800 million euros.

Sure hope that asian financial centres have no skeletons in their cupboards. 
 
 
newmoon
    09-Aug-2007 14:00  
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The housing woes and credit crunch have not been addresed by the fed.What did you expect them to do-create another bubble of what?

Bear Stearns sub prime hedge funds filed for bankruptcy in Cayman islands making it difficult for investors to sue them-10th largest bank in USA- behaving like crooks.


The dow rose only in the last hour of trading after losing all it's early gains last night-some kind of manipulation by the price protection team?

Cisco cannot save the housing market which are highly leveraged in most developed countries -it only gave an excuse to bulls to improve sentiment.

The Aroon indicators world wide are negative except for China and India.

10 years ago the bear market started in south east asia in July 1997.It was not too late to sell in early august.

The years ending in 07 give negative returns(victor niederhoffer in practical speculation) -especially 1987 and 1997. History may not repeat itself but it often rhymes


I think this rally is a B wave and the bear market has already started.

If a recssion begins protectionist measures will start-China threatening to sell USA bonds if

trade barriers against chinese goods are passed in congress.


 


 

 
victorf
    08-Aug-2007 17:25  
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market is still uncertain for short term...though individual day can be predictable...good luck and enjoy your holiday :)
 
 
victorf
    08-Aug-2007 17:15  
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UP 111 points as expected...well done :)
 
 
mediacraze
    08-Aug-2007 17:02  
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I feel today good market are coupled by the following:

- major drop for the past 2 weeks giving excellence low pricing for most of blue chip stocks, good news from Fed on maintain interest rate and the usual NDP rally.

Was having good feeling today will be a good day, but did not expect to have such strong buy. Anyway, did make some kopi $$ and offload. Effects from subprime still linger

What do the rest think?
 
 
newmoon
    08-Aug-2007 16:49  
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Sudden spike is a B wave and B waves are fragile -can derail
 

 
victorf
    08-Aug-2007 16:14  
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because the BIG BULLS behind the MRT have been GROWING and RUNNING for the past THREE YEARS and it take BIG EFFORT to DERAIL IT...:)
 
 
newmoon
    08-Aug-2007 15:25  
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MRT from marina bay to  jurong east with no stops?
 
 
speed000
    08-Aug-2007 14:55  
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Sub prime loan crises may affect some Chinese banks

By Ding Qi (chinadaily.com.cn)
Updated: 2007-08-08 14:39



The latest US sub prime loan crises didn't render Chinese banks safe. A US report said Chinese financial institutions had bought US$107.5 billion worth of US mortgage securities by the end of June last year, accounting for 47.6 percent of similar investments amongst Asian countries.

And a part of those may be the highly risky sub prime loan securities, the Shanghai-based Oriental Morning Post quoted an industry insider as saying today..........
 
 
red1721
    08-Aug-2007 13:35  
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STI resistances and supports
Resistance:      3465, 3500, 3550, 3580, 3600, 3615
Support:           3400, 3350, 3300, 3280
 
 
victorf
    08-Aug-2007 12:52  
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after the last two weeks sell down, one can get some good stocks at more than 50% discount...really good bargain for those with good holding power...market is still uncertain but based on fundamental of the companies and singapore economy, the mid term uptrend is still intact though short term is uncertain...but still do not contra as time is not at your side...good luck :)
 

 
speed000
    08-Aug-2007 12:48  
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Caution intrest rate, inflation, credit problems still much concern for Dow.
 
 
victorf
    08-Aug-2007 12:25  
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Not bad...market is positive-biased today and up above 90 points now as expected by us in the morning :) cheers for those with holding power but still not advise for contra
 
 
mediacraze
    08-Aug-2007 12:24  
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May the force(S) be with B wave.......... Smiley
 
 
KiLrOy
    08-Aug-2007 11:45  
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The buying force is so great today!  Look at Singtel and how the shares are being snapped up even after XD.
 
 
chipchip66
    08-Aug-2007 10:52  
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Let the NDP rally begin!SmileySmileySmiley
 
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