Straits Times Index   

STI to cross 3000 boosted by long-term investors

Livermore...

Your experience may actually be quite typical of actions taken by traders.

However, it is always the case that we can only regret or pat ourselves after the event, notwithstanding talk of probability, etc


... That is to say, no one can tell where prices are going to move next!. 

 

I remember in one of the market crashes this year, one of my stock plunged down by 30c. I learnt something from this. I am keeping this stock, A for long term. I have this plan of waiting for the stock to have a similar big correction. When the first  minor correction, I would sell half my positions and buy back about 15 - 20c down from the price I sold off. Unfortunately I was indecisive this time and I missed my intended sale. It is not worth selling now.

 

If you intend to keep a stock for long term, you can increase your profit by doing the above. Do not sell if it is just a minor correction. If your stock goes through a big correction, it is worthwhile trying the above method.

 

Since I have missed timed my intended sale, another plan is sell off another share to have the capital to accumulate share A during its major correction.  

 

typo...should be till 21st July...good luck

 

uncertainty continues till end of May and things will be clear within 4 days time for the trend till 27th July....good luck

 

Market is very slow today... low volumes.... boring day.

 

Market seemed to be out of the normal compared to historical charts these days...maybe a new emerging market trend coming up?

 

Possible, over optimistic?

2352 GMT [Dow Jones] Credit Suisse tips STI to reach 4194 by end of 2007,
maintains Overweight rating for Singapore market. Doesn''t believe current
valuations excessive on historical basis as return on equity has improved
in recent years driven by aggressive corporate restructuring, capital
management, overseas expansion, underlying earnings growth. Favors domestic
plays, especially banks, given bullish view on local economy. STI closed
Friday down 1.2% at 3486.63. (WES)


I remember there was another article by Teh Hooi Ling earlier in the year saying something like this.. "4,000-level for STI? It's not unthinkable"

 

overall market weakness sighted, be cautious.. hope it is just a "warning" nia...

 

It's like a ghost town out there..so quiet.. so low volumezzzzzzzzz

 

imo, this "bubbles" were actually caused by BBs who "predicted" a major drop since end april.. they "shorted" thru margins, share borrowings, cfd and bank loans.. "unable" to "beat" the frenziness caused by "Former Sleeping Giant", they reversed their positions to take off from their lost ground.. how "big" this "bubbles" will to "expand" now will be a "terrifying" experience for all.. 

 

Yes...

But maybe after the pennies, it's the mid-caps' turn to perform... :)

Then after that, it is possible for the bluechips to start the next phase of rising after the present lethargy.

'Globally' speaking, human greed knows no bounds.

 

now is the time of pennies before the correction, same old stories,,

 

To answer those questions would require the ability to do "time travel"...

or enlisting the services of Edgar Cayce (the 'slumbering prophet')...

or some other reliable psychic... :) 

 

How big will the bubble grow this time round...to what extend? And when will it burst eventually.....

 

There's no disputing that "bubbles are everywhere"...

But the question is how robust the new bubbles are... and their size today and in the future.

and the new bubbles may not resemble the old ones. 

 

Business Times 5 May, 2007 - It's bubble everywhere

That's according to Wall Street legendary investor Jeremy Grantham

 

In his latest quarterly letter to clients, Mr Granthm saidf that we are in the midst of the first truly global bubble.

 

The neccesary conditions for a bubble to form are quite simple and number only two :

 

1. First, the fundamental economic

   conditions must look

   at least excellent - and near perfect

   is better.

 

2. Second, liquidity must be generous in

   quantity and

   price: it must be easy and cheap to

   leverage.

 

There is no question we have both of these conditions. Emerging markets have outperformed US GDP growth over a 12 month period - the first time ever.

 

Year three of the presidential cycle, which is this year - will be an up year and year four, next year, will be flattish. We have to wait until 2009, 2010, to see the market low. By the time that happens, there'll be a lot of broken hearts

 

on 14th May around 2500 and now still around 2500....we are looking for BIG movement to make money...good luck :)

 

[error]The STI market is clearly on the uptrend still... 

 

The STI market is clearly on the uptrend still... 

Today, may stocks "cheonged" again... :)

 

watch date near 21st July with caution (50% chance)...meanwhile, no clear direction yet except selected stocks based on TA...good luck

Posted: 25-May-2007 12:04
x 0 x 0	uncertaintly still rules the market ...everyone is "looking" at china market and we foresee china market correction will occur in 3 stages...looking at this year, there are two likely date for the first stage correction..it can occur at around 21st July or in October 2007...trade with care using the reference date in mind...good luck