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STI to cross 3000 boosted by long-term investors

 Post Reply 67201-67220 of 69565
 
speed000
    31-Jul-2007 16:00  
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FTSE 6,282.40 +76.30 +1.23%
DAX 7,552.42 +96.11 +1.29%
CAC 5,708.03 +61.67 +1.09%
3:38 AM ET 07/31/07

Europe in good fashion

 
 
KiLrOy
    31-Jul-2007 15:42  
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Safe Haven stocks for lelong - SPC, SMRT, SingPost, SATS, Singtel still BLUE...  *wink*
 
 
spurs88
    31-Jul-2007 15:33  
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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.
 

 
speed000
    31-Jul-2007 15:22  
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short seller in force and back up after 4pm i guess.. time to pick up Smiley
 
 
jkbk007
    31-Jul-2007 15:19  
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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.
 
 
newmoon
    31-Jul-2007 15:17  
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Forced selling not over-sesdaq down 9 points
 

 
Daffodils
    31-Jul-2007 15:14  
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hi, anyone knows what is causing the selling?????
 
 
cyjjerry85
    31-Jul-2007 15:06  
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it seems many retailers are selling down since the afternoon session
 
 
cyjjerry85
    31-Jul-2007 15:00  
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hmmm.....i see lots of red in my portfolio of counters...wonder what happened this time round
 
 
newmoon
    31-Jul-2007 12:21  
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B Wave looks anaemic
 

 
cashiertan
    31-Jul-2007 01:55  
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STi still not out of the MACD divergence which i spotted on 16 july. thus expect either further dip or volatile weeks ahead..
 
 
cashiertan
    31-Jul-2007 01:21  
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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
 
 
cashiertan
    31-Jul-2007 01:20  
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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
 
 
cashiertan
    31-Jul-2007 00:25  
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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...
 
 
lausk22
    30-Jul-2007 22:30  
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teeth53
    30-Jul-2007 21:56  
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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.
 
 
teeth53
    30-Jul-2007 21:52  
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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

Stocks edge higher at open

9:32am:  U.S. markets look to rebound from last week's steep losses; investors still wary about credit crunch. (more)
 
 
Livermore
    30-Jul-2007 21:40  
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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....
 
 
Manikamaniko.
    30-Jul-2007 20:50  
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Tonight's Dow will be crucial...

Hope it is up strongly tonight (100+ at least)...

then the STI may do well tomorrow... Smiley

 
 
Livermore
    30-Jul-2007 20:47  
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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.....
 
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