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3:38 AM ET 07/31/07
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Europe in good fashion
Safe Haven stocks for lelong - SPC, SMRT, SingPost, SATS, Singtel still BLUE... *wink*
Brokers are really panicky now on clients not being able to pay up. Received a call to pay up just now although only T+4. Usually only received call on T+5. Anyway, paid up already to calm my broker's nerves.
short seller in force and back up after 4pm i guess.. time to pick up

As far as I can see it seems to be the speculative stock esp the penny stocks that got hit.
Straits Asia reported that one of their coal mine is so badly flooded. No doubt that this will result in heavy losses.
Forced selling not over-sesdaq down 9 points
hi, anyone knows what is causing the selling?????
it seems many retailers are selling down since the afternoon session
hmmm.....i see lots of red in my portfolio of counters...wonder what happened this time round
B Wave looks anaemic
STi still not out of the MACD divergence which i spotted on 16 july. thus expect either further dip or volatile weeks ahead..
nest i also notice SSE is recovering well infact it may do a shot to 5000 mark soon with it strength.. thus i conclude that the correction maybe limited. in fact i loaded on china UTs again.. God Bless
nest i also notice SSE is recovering well infact it may do a shot to 5000 mark soon with it strength.. thus i conclude that the correction maybe limited. in fact i loaded on china UTs again.. God Bless
like norm ppl, i does freak out abit and was abt to sell but i did spot some of my counters is having upward accumulation thou of the fall thus i sense there may be just profit taking and not correction...
Dow freaks out ....an interesting analysis at CNN Money
http://money.cnn.com/2007/07/30/markets/sloan_drop.fortune/index.htm?postversion=2007073009
Housing woes turn into fear.......on Credit issues, just my tot.
Initial stock buying peters out
U.S. markets lose early gains as investors remain wary of credit issues.
July 30 2007: 9:48 AM
NEW YORK (CNNMoney.com) -- U.S. stocks were flat after an initial advance Monday as investors remained nervous in the wake of one of the biggest one-week market drops of recent years.
The Dow Jones industrial average, the Nasdaq composite index and the Standard & Poor's 500 index were little changed.
It has got more to do with their own internal housing woes problem that worry them too much then East Asia Regional problem...STI is looking more to Nikkei and Shanghai for direction and to a smaller part..our own economic data till National day. After that will abit flat B4 picking up again

9:32am: U.S. markets look to rebound from last week's steep losses; investors still wary about credit crunch. (more)
I guess most of us like to look at target price. I think some shares out there actually have a "long way" to go. Analyst cannot give a high target price. Otherwise people will chase it all the way up and the bubble "burst". So once in a while, they give a re-rating on the stock so the share price moves steadily up instead of surging up....
Tonight's Dow will be crucial...
Hope it is up strongly tonight (100+ at least)...
then the STI may do well tomorrow...
US recent 3.4% Q2 economic grwith was the strongest in over a year. US Fed chairman, Ben Bernanake has delivered as you might remmber he kept saying that the US economy shall recover in the second half of the year.
But unfortunatley when he took over, some never gave him much respect.....
Focus on the fundamentals and you will know where the market will eventually go to.....