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STI to cross 3000 boosted by long-term investors

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rayphua
    27-Jun-2007 13:27  
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Manikamaniko.  There's no single right view.  Really depends on whether you're Jesse Livermore or Warren Buffett.
 
 
Manikamaniko
    27-Jun-2007 13:22  
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Seriously... let's be objective about it...


Robert  has a supreme point when he says stocks are not cheap just because they've
fallen a bit from the highs
.

It is the same story though... that frogs when boiled very, very slowly over an extended period
of time, will not feel uncomfortable... until a point when they are no more alive, but are still clinging on to the belief that the water is just warm
!

This phenomenon is a superb analogy for bulls who have known nothing else, but make easy money during the long run-up.

It may just be the case right now... 


ie. with people averaging down, buying more good 'bargains', cheap..., good value... etc.

Well done Robert! Smiley

 
 
Centaur
    27-Jun-2007 13:13  
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You'll be surprised even how ah sohs can make money from the market. I know of one that buys Guthrie at low 20cts (back then) and sells a few cents up then buy again when it dips to low 20s. think she is now laughing her way to the bank liao. Imagine that no TA or FA require... Seems that this strategy had suit her well for the past few years..

So Robert need not worry about newbies losing too much money. From the postings, seems like majority are earning with help/advice from the seniors
 

 
tanglinboy
    27-Jun-2007 13:03  
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Yah lor... I am like Livermore... really stupid one lar.... 

 

I simply cannot understand your wise guru words. Maybe I should go back to kindergarten.... Smiley 
 
 
Livermore
    27-Jun-2007 13:01  
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Teach me la. I blur one...
 
 
Robert
    27-Jun-2007 13:01  
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While writing this message I am slapping my forehead, I can't possibly enlighten you with a single page discription. It all boils down to character, you may be a professor in a prestige university and lost your pants too. It really boils down to how good you are, to appreciate cheap stock, it's either you love it or hate it. Can't explain. I believe when creative was selling at $27 you were not saying the same thing.

Happy losing $$$

Robert
 

 
tanglinboy
    27-Jun-2007 12:51  
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Maybe you would like to explain to people who have no brain like me why creative is good?
 
 
Robert
    27-Jun-2007 12:46  
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It shows that you don't understand.
 
 
Livermore
    27-Jun-2007 12:45  
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I don't look at stocks like Creative. I would avoid it. Cheap stock does not a buy too me without any upside potential. I don't see potential in Creative  
 
 
Livermore
    27-Jun-2007 12:42  
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The strength of the US economy is what should drive US stocks forward. Interest rate is NOT going to be raised for the near term.... 
 

 
Robert
    27-Jun-2007 12:41  
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Livermore....

You are not wrong, but when the stock becomes cheap people starts to avoid it. Look at Osim and Creative.... So ppl like harryp will make me laugh like a crazy elephant when he say I want to buy cheap cheap stocks coz I don't think he will buy it when the stock really "goes on sales".

Peace n happiness

Robert
 
 
Livermore
    27-Jun-2007 12:33  
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Sure there can be cheap stocks out there at this time of the market. You have to find them:). Most people just assumes everything is expensive which is obviously not true....
 
 
hohokit
    27-Jun-2007 10:25  
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Shiok shiok reading it"s really make my day in this dull market.Smiley 
 
 
harryp
    27-Jun-2007 10:22  
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Yo Robert,

Seriously I enjoys the sense of humour and teachings from a lau chiao.... especially those tips from the Ah Sohs which I missed...

Still waiting to see who is naked when the water level drops... Robert or Victorf..... hahahaha..

Smiley

 
 
 
Robert
    27-Jun-2007 10:12  
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Poooooooooooood!!! Alamak, I just farted.... Anyway, I do enjoy hearing jokes from newbies like you all, drop a few points and you call that sales, I can't bear to hear that incredible jokes, so my reflex action makes me laught out loud here. Do catch me at Gent forum for more newbies rusty downgrade trashing.

Ps. If I can't teach u all, I can only stand at the sidelines and laugh at u all.
 

 
rogue_trader
    27-Jun-2007 10:01  
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oei pei hor, early morning wanna "cleared" your systems si bo?? you lost ur way liao ar, here not genting thread leh.. must be ur constipation acting up to made u constantly wanna "cleared systems".. oops, forget, pei hor no brains 1... so forumeers, pls do understand hor..
 
 
harryp
    27-Jun-2007 10:01  
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Yo Robert,

ARRGGGHHHHH!!!! That's the trouble ... I have no blain but only brilliant BRAIN.

Let's wait for the tide to go down and see who is naked.... hahaha..

Smiley
 
 
Robert
    27-Jun-2007 09:50  
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harryp........................

Use ur blain, use ur blain....... How can stock be cheap at this time? I sell you a Nike shoe at $1247 and give you a discount at $2 and you call that cheap????? Use ur blain again.
 
 
Centaur
    27-Jun-2007 09:28  
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STI still dropping but seems to be doing quite ok as compare to the last few days.. Need to wait for the afternoon to see how before i vest more into the counters
 
 
harryp
    27-Jun-2007 09:24  
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ARRRGGGGHHHHH.....

Looks like my hope of getting cheap cheap this morning dashed, dead, DEAD...

Anyway, well done to all vestors... steady ..... Dee Marg!!!!
 
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