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Latest Posts By dealer0168 - Elite      About dealer0168
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28-Jul-2009 23:21 Others   /   DOW       Go to Message
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Ooo DOW strip below -60 liao...
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28-Jul-2009 23:17 Others   /   super strong counters!       Go to Message
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Wilmar, i will say they are the KING of commodity stock. U see how the way wilmar progress.......so fast & so good.

As for King of Property, i will say CityDev.

King of Defensive stock, i will say is SPH.

Follow by King of Bank, i will say DBS.

 
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28-Jul-2009 23:10 Keppel Land   /   Kepland       Go to Message
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Actually alots of counter are volatile also. That includes Capland, Wilmar, SGX, etc.

If want stable one, can choose SPH, Starhub.....all those defensive stock. Can sleep in peace. But on a condition no terrible economy news surface up.

If have, which ever stock u invest will down. Keep in bank the safest. But the interest not attractive.

 
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28-Jul-2009 22:55 RickmersMaritime   /   Container ships charterer with 170+ years history       Go to Message
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But his 3 cents make lots of investor feel song-song....haha.

Maybe he got internal source. I also make a check at SGX, no news at all leh.

Rutheone1905, don't smoke us leh...haha



matthewsoh      ( Date: 28-Jul-2009 22:51) Posted:

reliable or not ... ? If not sgx investigate your intention then good luck to you :)

rutheone1905      ( Date: 28-Jul-2009 13:11) Posted:

div = 3 cents


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28-Jul-2009 22:53 YZJ Shipbldg SGD   /   Cruising with the ship ..Yangzijiang       Go to Message
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Average yr way out, that the only choice.

kosong_81      ( Date: 28-Jul-2009 22:43) Posted:

shiok lah......i bought at these prices

-$2.79,

- $1.09,

- $0.39

 still the biggest loser on my portfolio today ... :)



chngee      ( Date: 24-Jul-2009 10:16) Posted:

let's do it YZJ!. been buying and holding it from 2.02 to 0.46...


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28-Jul-2009 22:45 Others   /   DOW       Go to Message
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U.S. Stocks Retreat on Consumer Confidence, Earnings



By Lynn Thomasson

July 28 (Bloomberg) -- U.S. stocks fell, pulling the Standard & Poor’s 500 Index down from an eight-month high, as consumer confidence trailed projections and companies from Office Depot Inc. to Coach Inc. posted worse-than-estimated results.

American Express Co., Intel Corp. and Exxon Mobil Corp. helped lead the Dow Jones Industrial Average lower after the Conference Board’s index reinforced concern that higher unemployment will undermine consumer sentiment. Office Depot, the second-largest business-supply retailer, tumbled 16 percent and Coach, the biggest U.S. maker of luxury leather handbags, lost 6.6 percent.

The S&P 500 slipped 0.8 percent to 974.11 at 10:16 a.m. in New York after a two-week rally left the index trading at more than 16 times its companies’ earnings from the past 12 months, the most expensive valuation since September. The Dow lost 45.8 points, or 0.5 percent, to 9,062.71. Europe’s Dow Jones Stoxx 600 Index slumped 0.9 percent.

“This wonderful rally we’ve been having, 40 percent off the March lows, is going to correct itself,” Vince Farrell Jr., chief investment officer at Soleil Securities Group in New York, said in a Bloomberg Radio interview.

The S&P 500 and Dow average have surged 11 percent since July 10 after companies including Caterpillar Inc. and 3M Co. reported earnings that beat forecasts and gains in new and existing home sales added to signs the recession is easing.

The Conference Board’s confidence index dropped to 46.6, a second consecutive decline, following a reading of 49.3 in June, a report from the New York-based group showed today. The figure reached a record low of 25.3 in February.

Price declines in 20 U.S. metropolitan areas eased in May more than forecast, another sign the market is stabilizing. The S&P/Case-Shiller home-price index fell 17.1 percent from a year earlier, the smallest drop in nine months, following an 18.1 percent drop in April. The gauge rose from the prior month for the first time in almost three years.
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28-Jul-2009 22:41 Others   /   DOW       Go to Message
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Seeing sea of red now..........

Emm hope that is just a correction n not a laosai at DOW.
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28-Jul-2009 22:35 Others   /   DOW       Go to Message
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Care to share yr boss loss how much??

idesa168      ( Date: 28-Jul-2009 22:33) Posted:

I just got home! Have 1/2 of Tau Sar Bow for dinner leave half for tomorro.

I told my boss since last night DJ did not drop -8o pts, maybe tonight will. But he did not buy my tips already.



dealer0168      ( Date: 28-Jul-2009 20:54) Posted:

No no idesa has to finish her OT first.........

Haha, cheers pal, a lost is nothing. Try to get bk with other bet. Current market still quite bullish, still got chance fr u to get a counter to profit.



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28-Jul-2009 22:30 Others   /   DOW       Go to Message
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When soldiers in US DOW street died with blood........STI at singapore will bleed toooooooo.

Tomorrow will STI liaosai???

Anyway still early, continue monitor the live chart pal.........



ronleech      ( Date: 28-Jul-2009 22:28) Posted:

hahaha.....the spirit goes off to US liao...singapore mkt close le...

dealer0168      ( Date: 28-Jul-2009 22:20) Posted:

Aiya, say too early drop some more.




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28-Jul-2009 22:22 Others   /   DOW       Go to Message
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Confidence Among U.S. Consumers Fell More Than Forecast in July



By Shobhana Chandra

July 28 (Bloomberg) -- Confidence among U.S. consumers fell more than forecast in July, reinforcing concern that mounting joblessness will hurt households.

The Conference Board’s confidence index dropped to 46.6, a second consecutive decline, following a reading of 49.3 in June, a report from the New York-based group showed today. The figure reached a record low of 25.3 in February.

Unemployment is projected to top 10 percent by early 2010, a gain that will erode buying power and prompt Americans to save more. Consumer spending, which accounts for 70 percent of the economy, is projected to be slow to rebound, restraining any recovery from the worst recession in five decades.

“We have a consumer that’s still struggling,” Scott Brown, chief economist at Raymond James & Associates Inc. in St. Petersburg, Florida, said before the report. “Consumer spending will be soft, and the recovery is likely to be modest. We do need to see the job losses moderate.”

Consumer confidence was projected to drop to 49, according to the median estimate in a Bloomberg News survey of 67 economists. Forecasts ranged from 44 to 56. The index averaged 57.95 last year.

Earlier today, the S&P/Case-Shiller home-price index of 20 U.S. metropolitan areas showed its first monthly gain in three years in May, reinforcing signs of stabilization in a market hammered by the worst slump since the 1930s.

Home Prices

The index climbed 0.5 percent from April, the first monthly gain since July 2006 and biggest since May of that year, the group said today in New York. The measure was down 17.1 percent from May 2008, less than forecast and the smallest year-over- year drop in nine months.

The Conference Board’s measure of present conditions decreased to 23.4 from 25 the prior month. The gauge of expectations for the next six months fell to 62 from 65.5.

The share of consumers who said jobs are plentiful dropped to 3.6 percent, the lowest level since February 1983. The proportion of people who said jobs are hard to get climbed to 48.1 percent from 44.8 percent.

The proportion of people who expect their incomes to rise over the next six months decreased to 9.5 percent from 10.1 percent. The share expecting more jobs decreased to 15 percent from 17.5 percent.

Today’s figures corroborate other reports. The Reuters/University of Michigan final index of consumer sentiment declined in July for the first time in five months as surging unemployment and stagnant wages shook households.

Lack of Jobs

Economists say the Conference Board’s index tends to be more influenced by attitudes about the labor market.

The economy has lost 6.5 million jobs since the recession began in December 2007, making it the biggest employment slump of any downturn in the last eight decades. Economists surveyed by Bloomberg predict the unemployment rate will exceed 10 percent by the first quarter of next year from 9.5 percent in June, the highest level since 1983.

Company results indicate households are being frugal, even with spending on food. PepsiCo Inc., the world’s largest snack maker, said second-quarter profit fell as consumers favored less-expensive drinks.

“The economy continues to affect sales,” Chief Financial Officer Richard Goodman said in a July 22 interview.
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28-Jul-2009 22:20 Others   /   DOW       Go to Message
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Aiya, say too early drop some more.




dealer0168      ( Date: 28-Jul-2009 22:19) Posted:

Seems to be. Maybe Dow go lucky today again, cheers.



iPunter      ( Date: 28-Jul-2009 21:38) Posted:

May close green again... Smiley


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28-Jul-2009 22:19 Others   /   DOW       Go to Message
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Seems to be. Maybe Dow go lucky today again, cheers.



iPunter      ( Date: 28-Jul-2009 21:38) Posted:

May close green again... Smiley

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28-Jul-2009 21:00 Others   /   DOW       Go to Message
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U.S. Stock Futures Drop as Office Depot, Coach, Citigroup Fall



By Lynn Thomasson

July 28 (Bloomberg) -- U.S. stock futures dropped after a two-week rally pushed the Standard & Poor’s 500 Index to its most expensive level relative to earnings since September and companies from Office Depot Inc. to Coach Inc. posted worse- than-estimated results.

Office Depot, the second-largest business-supply retailer, tumbled 13 percent following its quarterly loss that was almost twice as bad as projected. Coach, the biggest U.S. maker of luxury leather handbags, fell 7.1 percent as sales trailed estimates. Wells Fargo & Co., Citigroup Inc. and Bank of America Corp. declined after Deutsche Bank AG, Germany’s biggest lender, set aside more money for bad loans than analysts estimated.

S&P 500 futures expiring in September retreated 0.7 percent to 972.90 at 8:38 a.m. in New York. Dow Jones Industrial Average Index futures slipped 52 points, or 0.6 percent, to 9,018. Europe’s Dow Jones Stoxx 600 Index slumped 0.5 percent.

The S&P 500 and Dow average have surged 12 percent since July 10 after companies including Caterpillar Inc. and 3M Co. reported earnings that beat forecasts and a gain in existing home sales added to signs the recession is easing. The rally left the S&P 500 trading at 16.23 times its companies profits at the end of last week, according to data compiled by Bloomberg.

“Earnings reports are driving the market,” said Jacques Porta, a fund manager at Ofi Patrimoine in Paris, which oversees about $615 million. “Even if we are seeing a stock market rebound, what’s lacking is the confirmation of an economic recovery in the U.S. That’s limiting optimism.”

Economic Reports

Home prices in 20 major U.S. metropolitan areas probably fell at a slower pace in May, another sign the market is stabilizing, economists said before a report at 9 a.m. in New York. At 10 a.m., a report from the Conference Board may show its consumer confidence index declined to 49 in July from 49.3 the prior month, economists predicted.

Office Depot plunged 13 percent to $4.65. It reported a second-quarter loss excluding some items of 22 cents a share. The average estimate of analysts was a loss of 12 cents.

Coach retreated 7.1 percent to $26.40. The retailer said sales declined 0.5 percent to $777.7 million, missing analysts’ estimates, as mounting job losses and declining home values discourage shoppers from purchasing non-necessities.

Deutsche Bank sank 8.6 percent to $67.51. The Frankfurt- based lender said it set aside 1 billion euros ($1.4 billion) for risky loans in the second quarter, exceeding the 634 million euro estimate of analysts. Deutsche Bank also predicted a further increase in private and corporate insolvencies.

Banks Decline

Wells Fargo fell 0.7 percent to $24.06. Citigroup lost 1.1 percent to $2.66.

Bank of America dropped 0.4 percent to $13.04. The Wall Street Journal said the lender plans to close about 10 percent of its 6,100 branches as more people shift to online and mobile banking.

Amgen Inc., the largest biotechnology company, rose 2.9 percent to $62.53 after earnings beat analysts’ predictions as it cut research costs and increased sales of its arthritis drug Enbrel. Amgen also raised its full-year earnings forecast.

Sprint Nextel Corp. and International Business Machines Corp. announced takeovers today. Sprint, the third-largest U.S. wireless carrier, said it will buy Virgin Mobile USA Inc. for $483 million, or $5.50 a share. IBM, the world’s biggest computer-services provider, said it will purchase SPSS Inc. for about $1.2 billion, or $50 a share, to gain analytics software.

Almost 76 percent of S&P 500 companies that have reported second-quarter results topped analysts’ estimates. That would be the highest rate ever for a full quarter, Bloomberg data going back to 1993 show. Per-share profits have dropped 23 percent on average, according to Bloomberg data.
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28-Jul-2009 20:54 Others   /   DOW       Go to Message
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No no idesa has to finish her OT first.........

Haha, cheers pal, a lost is nothing. Try to get bk with other bet. Current market still quite bullish, still got chance fr u to get a counter to profit.



smartrader      ( Date: 28-Jul-2009 20:50) Posted:

you make better decision if you go home and refresh yourself..hehe

idesa168      ( Date: 28-Jul-2009 20:42) Posted:

I am doing my OT tonight, now still in office. Anyone offer to send me pizza??


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28-Jul-2009 20:49 Others   /   DOW       Go to Message
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Maybe u make another bet tonight. Maybe u recoup yr loss............

Can have abalone....also



idesa168      ( Date: 28-Jul-2009 20:42) Posted:

I am doing my OT tonight, now still in office. Anyone offer to send me pizza??

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28-Jul-2009 20:39 Others   /   DOW       Go to Message
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Same as all investor, i also hope that current bullish run is a lasting one.........and bring wealth to all investor.....Smiley
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28-Jul-2009 20:24 Others   /   DOW       Go to Message
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Emm Smartrader, fr the way u speak......

I guess u still yet to cash out some of yr profits.

Anyway , u right also (same as Hulumas). Nothing is fixed.

We still have more than 7hrs to determine the outcome.

All investor hope to gain, hope all gain & huat. Cheer pal.

 



smartrader      ( Date: 28-Jul-2009 20:16) Posted:



if future is so easy to predict, nobody need to lose money... will test 9300..haha

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28-Jul-2009 20:20 Others   /   DOW       Go to Message
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Do agreed with u, Hulumas. In this world nothing is fixed til the end result is out.



Hulumas      ( Date: 28-Jul-2009 20:18) Posted:

Open Dow at negative 53 while close later at positive about 53, that is common for Dow, we call it index wild positive sentiment fluctuation........ Ha. ha.. ha...

dealer0168      ( Date: 28-Jul-2009 20:04) Posted:

Now Future Dow is showing: -53.00


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28-Jul-2009 20:14 Others   /   DOW       Go to Message
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Let view it as a healthy correction than......Smiley

Need a break fr STI also.



maxcty      ( Date: 28-Jul-2009 20:10) Posted:

wow..think tmr STI will drop alot i guess..my view only....

dealer0168      ( Date: 28-Jul-2009 20:04) Posted:

Now Future Dow is showing: -53.00


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28-Jul-2009 20:04 Others   /   DOW       Go to Message
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Now Future Dow is showing: -53.00
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