x 0

......................History suggests that the current decline will be short- lived, and most likely presents a buying opportunity,” the Westport, Connecticut-based research and money-management firm said in a report today. ........................

Buying opportunity coming> ?

niuyear ( Date: 21-Mar-2011 16:35) Posted:

S& P 500’s ‘Modest Correction’ to Reach Its Bottom This Month, Birinyi Says

RidgeWorth's Wordell on Stocks, Strategy and Picks

Play Video

March 17 (Bloomberg) -- Don Wordell, a fund manager at RidgeWorth Capital Management Inc., talks about the outlook for the stock market and the RidgeWorth MidCap Value Equity Fund's holdings of Ashland Inc., Ingersoll-Rand Plc and MB Financial. Wordell, speaking with Lisa Murphy on Bloomberg Television's " Fast Forward," also discusses the impact of the crisis in Japan on financial markets. (Source: Bloomberg)

Bank of Tokyo's Zentner on Stock Volatility, Jobs

Play Video

March 17 (Bloomberg) -- Ellen Zentner, senior economist at Bank of Tokyo-Mitsubishi UFJ Ltd., talks about the impact of stock market volatility on the U.S. labor market. Zentner, speaking with Lisa Murphy on Bloomberg Television's " Fast Forward," also discusses the correlation between the crisis in Japan and investor sentiment. (Source: Bloomberg)

The Standard & Poor’s 500 Index will fall to 1,232 by March 31, marking the bottom of a “modest correction,” according to Birinyi Associates Inc., which cited data measuring average drops of at least 5 percent since 1945.

The decrease would represent a 3.3 percent retreat from today’s close of 1,273.72. When the S& P 500 loses 5 percent during a rallying period, the decline lasts an average of 41 days and extends to 8.3 percent, according to a report today by Cleve Rueckert, an analyst at Birinyi Associates. The S& P 500 peaked this year at 1,343.01 on Feb. 18, its highest level since June 2008. It has since fallen 5.2 percent, paring gains since March 9, 2009, to 88 percent.

“History suggests that the current decline will be short- lived, and most likely presents a buying opportunity,” the Westport, Connecticut-based research and money-management firm said in a report today.

Thomas Lee, equity strategist at JPMorgan Chase & Co., and Mary Ann Bartels of Bank of America Corp. also said this week that U.S. equities are poised to climb. Birinyi was one of the first to tell clients to buy as the S& P 500 fell to its 12-year low in March 2009 and has held a bullish outlook since then, saying stocks are in the midst of a “multi-year” rally and may climb as high as 2,854 by 2013, based on past bull cycles.

S& P 500 Gains

The S& P 500 climbed 1.3 percent to 1,273.72 at 4 p.m. in New York, the first advance of the week. The Dow Jones Industrial Average climbed 1.4 percent to 11,774.59.

While the average 5 percent decline leads to an 8.3 percent drop for the benchmark equity index, Birinyi said a correction forms 33 percent of the time and becoming a bear market is “even less likely,” according to the report. Slides that lead to bear markets have occurred in 10 percent of the cases. A correction is often defined as a 10 percent drop.

Laszlo Birinyi, the firm’s founder, said in December that the S& P 500 may climb to 1,333 in 2011. The firm said in its February report that may be conservative, as “2011 has gotten off to a positive start.” The index is forecast to rally 11 percent to 1,400 from yesterday’s close, according to the average projection of 13 strategists surveyed by Bloomberg.

x 0

Looks like buying opportunity coming.?

niuyear ( Date: 21-Mar-2011 16:35) Posted:

S& P 500’s ‘Modest Correction’ to Reach Its Bottom This Month, Birinyi Says

Play Video

March 17 (Bloomberg) -- Don Wordell, a fund manager at RidgeWorth Capital Management Inc., talks about the outlook for the stock market and the RidgeWorth MidCap Value Equity Fund's holdings of Ashland Inc., Ingersoll-Rand Plc and MB Financial. Wordell, speaking with Lisa Murphy on Bloomberg Television's " Fast Forward," also discusses the impact of the crisis in Japan on financial markets. (Source: Bloomberg)

Play Video

March 17 (Bloomberg) -- Ellen Zentner, senior economist at Bank of Tokyo-Mitsubishi UFJ Ltd., talks about the impact of stock market volatility on the U.S. labor market. Zentner, speaking with Lisa Murphy on Bloomberg Television's " Fast Forward," also discusses the correlation between the crisis in Japan and investor sentiment. (Source: Bloomberg)

The Standard & Poor’s 500 Index will fall to 1,232 by March 31, marking the bottom of a “modest correction,” according to Birinyi Associates Inc., which cited data measuring average drops of at least 5 percent since 1945.

The decrease would represent a 3.3 percent retreat from today’s close of 1,273.72. When the S& P 500 loses 5 percent during a rallying period, the decline lasts an average of 41 days and extends to 8.3 percent, according to a report today by Cleve Rueckert, an analyst at Birinyi Associates. The S& P 500 peaked this year at 1,343.01 on Feb. 18, its highest level since June 2008. It has since fallen 5.2 percent, paring gains since March 9, 2009, to 88 percent.

“History suggests that the current decline will be short- lived, and most likely presents a buying opportunity,” the Westport, Connecticut-based research and money-management firm said in a report today.

Thomas Lee, equity strategist at JPMorgan Chase & Co., and Mary Ann Bartels of Bank of America Corp. also said this week that U.S. equities are poised to climb. Birinyi was one of the first to tell clients to buy as the S& P 500 fell to its 12-year low in March 2009 and has held a bullish outlook since then, saying stocks are in the midst of a “multi-year” rally and may climb as high as 2,854 by 2013, based on past bull cycles.

S& P 500 Gains

The S& P 500 climbed 1.3 percent to 1,273.72 at 4 p.m. in New York, the first advance of the week. The Dow Jones Industrial Average climbed 1.4 percent to 11,774.59.

While the average 5 percent decline leads to an 8.3 percent drop for the benchmark equity index, Birinyi said a correction forms 33 percent of the time and becoming a bear market is “even less likely,” according to the report. Slides that lead to bear markets have occurred in 10 percent of the cases. A correction is often defined as a 10 percent drop.

Laszlo Birinyi, the firm’s founder, said in December that the S& P 500 may climb to 1,333 in 2011. The firm said in its February report that may be conservative, as “2011 has gotten off to a positive start.” The index is forecast to rally 11 percent to 1,400 from yesterday’s close, according to the average projection of 13 strategists surveyed by Bloomberg.

x 0

S& P 500’s ‘Modest Correction’ to Reach Its Bottom This Month, Birinyi Says

Play Video

March 17 (Bloomberg) -- Don Wordell, a fund manager at RidgeWorth Capital Management Inc., talks about the outlook for the stock market and the RidgeWorth MidCap Value Equity Fund's holdings of Ashland Inc., Ingersoll-Rand Plc and MB Financial. Wordell, speaking with Lisa Murphy on Bloomberg Television's " Fast Forward," also discusses the impact of the crisis in Japan on financial markets. (Source: Bloomberg)

Play Video

March 17 (Bloomberg) -- Ellen Zentner, senior economist at Bank of Tokyo-Mitsubishi UFJ Ltd., talks about the impact of stock market volatility on the U.S. labor market. Zentner, speaking with Lisa Murphy on Bloomberg Television's " Fast Forward," also discusses the correlation between the crisis in Japan and investor sentiment. (Source: Bloomberg)

The Standard & Poor’s 500 Index will fall to 1,232 by March 31, marking the bottom of a “modest correction,” according to Birinyi Associates Inc., which cited data measuring average drops of at least 5 percent since 1945.

The decrease would represent a 3.3 percent retreat from today’s close of 1,273.72. When the S& P 500 loses 5 percent during a rallying period, the decline lasts an average of 41 days and extends to 8.3 percent, according to a report today by Cleve Rueckert, an analyst at Birinyi Associates. The S& P 500 peaked this year at 1,343.01 on Feb. 18, its highest level since June 2008. It has since fallen 5.2 percent, paring gains since March 9, 2009, to 88 percent.

“History suggests that the current decline will be short- lived, and most likely presents a buying opportunity,” the Westport, Connecticut-based research and money-management firm said in a report today.

Thomas Lee, equity strategist at JPMorgan Chase & Co., and Mary Ann Bartels of Bank of America Corp. also said this week that U.S. equities are poised to climb. Birinyi was one of the first to tell clients to buy as the S& P 500 fell to its 12-year low in March 2009 and has held a bullish outlook since then, saying stocks are in the midst of a “multi-year” rally and may climb as high as 2,854 by 2013, based on past bull cycles.

S& P 500 Gains

The S& P 500 climbed 1.3 percent to 1,273.72 at 4 p.m. in New York, the first advance of the week. The Dow Jones Industrial Average climbed 1.4 percent to 11,774.59.

While the average 5 percent decline leads to an 8.3 percent drop for the benchmark equity index, Birinyi said a correction forms 33 percent of the time and becoming a bear market is “even less likely,” according to the report. Slides that lead to bear markets have occurred in 10 percent of the cases. A correction is often defined as a 10 percent drop.

Laszlo Birinyi, the firm’s founder, said in December that the S& P 500 may climb to 1,333 in 2011. The firm said in its February report that may be conservative, as “2011 has gotten off to a positive start.” The index is forecast to rally 11 percent to 1,400 from yesterday’s close, according to the average projection of 13 strategists surveyed by Bloomberg.

x 0

I already bought singtel.

Can tell your friend support singtel till $3.50

Huat arhhhhhhhh :)

risktaker ( Date: 21-Mar-2011 15:27) Posted:

hope u guys got some :)

risktaker ( Date: 20-Mar-2011 15:38) Posted:

My friends just told me they gonna buy up some shares tomorrow ---- BOSAYOR

1) SembMar
2) Singtel
3) Wilmar
4) UOB
5) DBS
6) OCBC

Good Luck.

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ask him to carry a gun (water gun also can ) and go to the underwriting company and start shooting..........tomorrow head news. lol

knightrider ( Date: 21-Mar-2011 15:06) Posted:

Ha ha, tell you all a true ifo !

1 of my business friend - high roller, he thought he kanna Toto or 4D, when the merchandiser of this under-writer invite him for the IPO. He hiong hiong and ka ka take up 50 lots, lim nia, that is what he says out of the mouth, " Lim nia, 1st day it already drops below the IPO" . Total he put out US$50,500 and + 1% commission for the brokerage firm who invited. So no matter what, the bank also earn the 1% and in US$.

x 0

scarley a sudden turn up.......then good huh

james87 ( Date: 21-Mar-2011 14:27) Posted:

Huh....korea side up...SGX side drop??

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Now it seems can only rely on news and sentiments. Some chartsn posted look damn 'down', but, on what basis? Unless one can predict the actual sentiment. :)

krisluke ( Date: 21-Mar-2011 14:14) Posted:

The main concern of japan is to recover lost electricity supply. If this problem has been solved, japan would be one step away from this crisis. Next is to rebuild the fukushima 福島県 , my concern is it necessary to rebuild fukushima or relocate the citizen elsewhere. It a thinky for japan emperor to solve. I've no idea?

Now, focus should be on USA and Lu Bu war thingy. Usa, together with france and uk seems to be a weak ally as compared with other power house. they do have back up like italy... I believe their aim is to make mid east Lu Bu surrender Smiley

. As for china, they're more fearful for inflation than war, and its not only china...

A fast war game strategy deploy by USA, i believe...

niuyear ( Date: 21-Mar-2011 12:58) Posted:

It seems most your stock charts are downtrend.

'If' Japan problem cant be fixed, stocks will be sent downtrend.

x 0

It seems most your stock charts are downtrend.

'If' Japan problem cant be fixed, stocks will be sent downtrend.

Bintang ( Date: 21-Mar-2011 11:22) Posted:

Genting SP broke out of the neckline of the recently formed H& S pattern at $2.04 . It struggled back when rebounce to reach only at $2.03 on 09/03/11 . Forming a shooting star on the same day n fell rapidly to $1.86 on 15/03/11 . Its downtrend is already confirmed n the downside target may be at $1.69 .

x 0

If New York body shop or the beauty salon can have his face smoothened out, he will be more than happy to be their model and show his face on our channel 8 withh Auntie Lucy hahahaha!!!

yummygd ( Date: 21-Mar-2011 12:14) Posted:

his son is reportedly dead...one son jumped side....he over soon la. if dun fight now den how? he got nothing more to lose. he will be dead. either by the peoples hand or by the bombing

Salute ( Date: 21-Mar-2011 12:09) Posted:

wow, the mad dog is giving out weapon to people(of course his supporters) to fight with his citizen. What a leader! If he can't win, must well have a great mess!!!

x 0

Is better for 'somone out there to control the share" rathan than nobody cares.

AnthonyTan ( Date: 21-Mar-2011 10:09) Posted:

The stabilizing managers can always place very big order

to buy at US$0.955 and sell at US$0.96. They are now controlling

the share px. as if it is being conered.

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Warren Buffett said -

" ........................ In a much-needed boost for Japan's battered stock market, billionaire investor Warren Buffett said the earthquake and tsunami were an " enormous blow" but should not prompt selling of Japanese shares. Instead, he called the events a " buying opportunity" .

Buffett was speaking to reporters during a visit to South Korea on Monday. .............."
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------

??? May be he owns lots of jap shares... LOL!

Is there any Heros out there will say : I will go Japan to help, regardless of radiation., and future nuclear plan explosion, count me in.

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If radiation spreads (how can it not spread?) who to be blamed? Japan? or the providers
?

----------------------------------------------------------------------------------

Anti-nuclear group -

Nuclear Information and Resource Service

From Wikipedia, the free encyclopedia

Jump to: navigation, search

Nuclear Information and Resource Service

Formation	1978
Headquarters	Takoma Park, MD, United States
Exec. Dir.	Michael Mariotte
Website	http://www.nirs.org

The Nuclear Information and Resource Service (NIRS) is an anti-nuclear group founded in 1978 to be the information and networking center for citizens and organizations concerned about nuclear power, radioactive waste, radiation and sustainable energy issues. The organization advocates the implementation of safe, sustainable solutions such as energy efficiency, solar power, wind power and plug-in hybrids.

As of 2007, NIRS claims to initiate " large-scale organizing and public education campaigns on specific issues," ^[1] such as to " bring technical expertise and strategic sense to grassroots environmental groups."

In 2000, NIRS' affiliation with World Information Service on Energy (WISE) turned it into an international organization (NIRS/WISE).^[1]

The magazine Nuclear Engineering International has said that it runs easily the best website on uranium mining throughout the world.^[2]

x 0

Friend, you know why? Because most singaporeans wear specticles..

warrenbegger ( Date: 18-Mar-2011 23:37) Posted:

STI Bull colour blind one, dont know how to follow other bull. Always lost in the wild.

x 0

Likely willl crawl back up on monday.,

x 0

The oil can last for how many more years???? 20 +years..

If the alternative never succeeded before this, why allow private cars to suck up the oil. So, still , No big car and high oil consumption car should be produced.

Unless we want to build also NUCLEAR PLANTS.....

Its getting scary without oil but building the nuclear.

cathylmg ( Date: 16-Mar-2011 12:21) Posted:

You are thinking with you heart. Good. But I don't think they will want to forgo the fuel tax. Unless you can agree to pay more income tax. Like 40% of you income?

niuyear ( Date: 16-Mar-2011 12:15) Posted:

Dont forget, we contribute 'HUGE SUM OF AMOUNT' to ERPssssssssssss , not to forget also taxes, GST etc...........

This is a BIG earnings from government and therefore, they are able to fund the charitable organisations and pilot programmes for citizens to upgrade their skills, llviing enrionment (upgrading of flats ............etc)

Big cars should not be allowed in this country, for which, I strongly support this.

x 0

At Sendai Hospitals, Victims Go Without Painkillers and Food

By Kanoko Matsuyama - Mar 18, 2011 2:00 AM GMT+0800

Pimco's El-Erian Interview on Japan Earthquake

Play Video

March 17 (Bloomberg) -- Mohamed El-Erian, chief executive officer of Pacific Investment Management Co., discusses the potenial impact of last week's 9-magnitude earthquake and tsunami in Japan on the U.S. and global economies. El-Erian speaks from Newport Beach, California, with Margaret Brennan on Bloomberg Television's " InBusiness." (Source: Bloomberg)

Two surgical operations were under way at Tohoku University Hospital in the city of Sendai on March 11 when Japan’s strongest earthquake ever cut off the power. One was stopped and the patient stitched up. The other was completed with in-house power generation.

In the following days, cancer patients were sent home because there was no medication for their chemotherapy. More than 1,000 patients lived for four days on bread, canned corned beef and dried biscuits, said Mio Onodera, a 25-year-old nurse. There are no painkillers and intravenous tubes are being reused.

“We are doing things I can’t even think of in normal times,” Onodera said in a phone interview from Sendai. “The hardest thing is to ask patients to put up with the pain.”

At the hospital in this coastal city of about 1 million, employees who lost family members care for elderly patients with dedication, said Katsutoshi Furukawa, a 50-year-old neurologist. At Suzuki Memorial Hospital nearby, all division heads are sleeping on-site and no one has showered for six days, said nursing-division chief Katy Yagihashi, 53.

The hospitals of the Sendai region are on the front lines of Japan’s gravest crisis since World War II. As interviews with six medical professionals in the region show, they are being stressed as never before.

Doctors and nurses must treat injured quake victims -- though there are few of them -- as well as managing their ongoing caseload, scrounging food and water for employees and patients and handling the psychological toll of being 96 kilometers (60 miles) from a possible nuclear meltdown.

Avoiding Rain

“Depending on the weather, staff are told to stand by at home because of the radiation risks,” said Mika Chiba, 42, a nurse at Suzuki Memorial Hospital. “It rained yesterday and we were told to keep from being exposed to rain. But we have to walk or bike to work because we don’t have gas for our cars.”

The patients show great fortitude, said Onodera of Tohoku Hospital. Some drink as little water as possible to preserve scarce supplies. A cancer patient whose scheduled operation was postponed asked to leave the hospital because he felt guilty occupying a bed. Though he was from a town some distance away, he left without anyone to pick him up, she said.

The quake victims display a variety of symptoms. The day after the seism, Onodera cared for patients with carbon monoxide poisoning from indoor coal fires because the power was off. The following day, patients in cardiac arrest were brought to the emergency room. And a young psychiatric patient had to be treated with sedatives because she was afraid helicopters would fall on her, Furukawa said.

‘That’s Terrible’

Other quake victims don’t talk about their experiences. A woman at Tohoku who lost her son and daughter-in-law and was rescued from the wreckage of her building lies silently on her bed, Onodera said. She answers questions but says nothing except, while watching television, “That’s terrible.”

Many professionals are working without knowing whether their families are safe, although Furukawa, who is also an assistant professor at Tohoku University, was able to contact his wife and son in Sendai before mobile and landline service stopped entirely. Working at another hospital outside Sendai, he couldn’t go home for two days because roads around the hospital were covered by sea water.

At that, he was lucky. Some of the hospital’s staff members have siblings and parents who live in coastal areas struck by the tsunami, where thousands are said to be missing, he said.

Dead Phones

“They really want to go home, but there’s no way to communicate because phones are dead and no ways of getting there,” he said. “All they hear and see is devastating stories and scenes from news. They all have heartbreaking looks, while handling their duties very professionally.”

One colleague, he said, is from Kesennuma, a city that was hit by the tsunami and then burned.

“She has not been able to contact her family and siblings,” Furukawa said. “While knowing the chances of them surviving are very unlikely, she attends her patients. She gives such kind words to the elderly ones. I get a catch in my throat looking at her.”

While power and water are slowly being restored in the region, the hospital personnel are forgoing bathing to make more water available for patients.

“It’s been six days but I haven’t even washed my face or hair, or showered,” said Yagihashi at Suzuki Memorial. “We are starting to smell. Staff people are cleaning their patients with disposable wet wipes.”

x 0

Because, singaporeans are easy to Con.

pharoah88 ( Date: 17-Mar-2011 17:46) Posted:

O V E R H E A R D :

S-chips problems lie in

SGX's GOVERNANCE ? ? ? ?

WHY are they in Singapore ? ? ? ?

WHY are they called S-chips ? ? ? ?

x 0

ALL taxis should charge THE SAME starting price.

Plse keep taxi drivers at younger age.

When i see old man (70+) driving, especially in the night, feel like telling him, " Uncle, can i take over the driving" .

x 0

Apparaently, those IPOs in SGX, mostly after that, never do well in their businesses. especially china linked businesss.... hong kong is part of china, mighit face the same fate as well.

des_khor ( Date: 18-Mar-2011 17:12) Posted:

Don't understand why come all the way to SGX to get low valuation ? SGX is well known to offer lousy valuation for China Counters.... must have some gems there just we don't know only....

x 0

Hutchison Port Trust Units Fall in Singapore Trading Debut

By Kyunghee Park - Mar 18, 2011 2:46 PM GMT+0800

Hutchison Whampoa Ltd. Chairman Li Ka-shing

Li Ka-shing, chairman of Hutchison Whampoa Ltd. and Cheung Kong (Holdings) Ltd. Photographer: Dale de la Rey/Bloomberg

Hutchison Port Holdings Trust Chairman Canning Fok speaks during the listing ceremony for HPH Trust at the Singapore Exchange. Photographer: Munshi Ahmed/Bloomberg

Hutchison Port Holdings Trust, having raised $5.5 billion in this year’s largest initial public offering, dropped as much as 6.4 percent from the IPO price, which was set before an earthquake in Japan roiled Asian markets.

Units of the container-terminal owner traded as low as 94.5 U.S. cents, and stood at 95 cents as of 2:44 p.m. in Singapore today. The trust, which holds assets from Li Ka-shing’s Hutchison Whampoa Ltd. (13), priced units in the IPO at $1.01.

Asian equities have tumbled this week, sending the MSCI Asia Pacific Index toward its biggest weekly decline since May, because of concerns that electricity shortages and radiation leaks from a nuclear-power plant crippled by the quake may disrupt production in Japan.

“Considering the situation, I think it’s excellent,” trust Chairman Canning Fok said about the stock reaction at the listing ceremony in Singapore today. He said the earthquake’s “impact is minimal” on the trust’s assets.

The trust, which owns terminals in Hong Kong and neighboring Shenzhen, sold about 5.4 billion units in the IPO. The price range was initially set at 91 cents to $1.08 before being narrowed to 99 cents to $1.03, according to term sheets.

The trust’s terminals handled a record 21.2 million 20-foot containers last year, 17 percent more than in 2009. The trust has room to develop 12 more berths in Shenzhen’s deepwater Yantian port, with the first three expected to be completed by 2015, Ivor Chow, chief financial officer of the trust’s manager, said at a Singapore press briefing last week.

World’s Busiest

Hong Kong and Shenzhen, in China’s Pearl River Delta, form the world’s busiest container market, Hong Kong-based Hutchison Whampoa said in a Jan. 18 statement. Hutchison Whampoa, controlled by billionaire Li, kept about 25 percent of the trust and will manage it.

Hutchison Whampoa rose 1.1 percent to HK$85.7 at 2:44 p.m. in Hong Kong. It’s dropped 7.7 percent since March 10, the last day of trading before the temblor. The company, the world’s largest container-terminal operator, also invests in drugstores, real estate and mobile-phone services.

Laura Cheung, a Hutchison Whampoa spokeswoman, wasn’t immediately available to comment. DBS Group Holdings Ltd. (DBS), Deutsche Bank AG (DBK) and Goldman Sachs Group Inc. (GS) managed the trust’s sale.

Cornerstone investors led by Capital Research & Management Co. and Paulson & Co. invested $1.62 billion in the IPO, according to the prospectus filed with the Monetary Authority of Singapore. Temasek Holdings Pte, Singapore’s state investment company, was among the cornerstone investors.