
cos' certain component stocks are not moving.. which is good as the second liners can close up...
i have shorted :)
handon ( Date: 20-Oct-2009 21:47) Posted:
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walau eh...DOW up STI down, ODW down STI also down... hahaha.funny...
cannot short.... hehe....

cud b d result of costs cuttings.
usd weaken but ppi down.
cover la
handon ( Date: 19-Oct-2009 23:31) Posted:
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die.... 

Pager beep... all out short.... hehe...

Buy or sell is not the problem...
Since no one can predict the market next (month) moves,
A stoploss is a must in any transaction, for the sake of protection of capital ....

you still dont understand what your up against do you :)
handon ( Date: 19-Oct-2009 22:46) Posted:
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Heard from commentary that the only way to save USA and the financial crisis is not Obama or any government intervention. It is none other than the market itself. The confidence in the market and the financial wizards out there or speculators or investors out there are the only ones who can push the market upwards. The truth is only when the market recovers, the trillions seemingly lost will be back into the pockets of the banks, investors and the common investors like you and me. Only investors like you and me have the money extra in our pockets, do we then splurge on the consumer items which make the world click, just look around, cars, LED TV, cameras, property, restuarants, clothings, DVDs etc. It was said that only stock market recovers, then the recession will recover. True enough, stocks recover from its lowest point in March 2009 to the current 10000 pts in Oct 2009. And the GDP will likely to show growth again, co-relation with the stock market. Obama needs these financial people to drive the market crazy again and their greed and incentives will push the market up again. Just need to look at the trend of the market. In other words, follow the trend. Do not fight against the trend like the sea wave. Move along with the market when it is bull, albeit there are corrections along the way, i.e long the market. Short the market when it is the downtrend. For the moment, it appears that with the low interests, high liquidity, commencement of showing of growth in GDP of most nations, and good news for 3rd quarter results, it appears to be still on the uptrend. The likely crash occurs at the highest point, which could be in June 2010, i.e. DOW go up another 4000 pts, it means 4000 pts / 8 mths or 500 pts per month, which means approx 125 pts per week or 25 pts per day, which is highly possible. For STI, it means 1300 pts / 8 mths or 225 pts per month or 56 pts per week or mere 11 pts per day, very achieveable. Remember that earning money from stock market is no short cut. One feature must have patience and catch the big wave up. And patience to ride the wave, say in next 8 mths, assuming economic growth prevails in next 8 months, through solid liquidity and low interest rates and increase in pent up consumer demand. So, hang on to the seat belt and move along with the market. may not be too late.
smart move.
time to short.... sure win... hehe...

cannot short today... hehe.... 

HUAT ah :) Enjoy the ride as i told you guys.
Hulumas ( Date: 16-Oct-2009 14:31) Posted:
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Comrade, tks.
D banking results pulled back d gain. MM still smiling, no issue. Cheers.
niuyear ( Date: 19-Oct-2009 09:03) Posted:
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AK
Congrates! Citi hit $5.00 last week huh! .
AK_Francis ( Date: 18-Oct-2009 23:49) Posted:
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Ha ha, as far as GIC dun say anything, AK will not clear Citi n F mae. No hurry, as AK bought Citi at 3.14 n Fmae at 0.85 USD.
things can only get better..but be selective in trading from now onwards.