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are u sure.credit.sussie sell it? or they sold off a fund which indirectly.holding them
JUNWEI9756 ( Date: 18-Aug-2011 14:08) Posted:
| Remember one article i posted here ? Credit Suisse withdrew all their investments here. OCBC and City all kena.. Quite bad.... |
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The first day US crash 600 points some funds lost in three market US SG and HK and cut all their positions because the sellers are deliberate and seems to be coordinated. Many of them lost at least 30-60% of their value during the august sell down. some are still bleeding with huge paper lost.
we have been bearish ever since that day. Mainly due to the economy weakness underlying the US and Europe.
please trade with care. We might experience the full weakness in 2012. Though we.highly doubt that market will fall till the 2009 march low but we expect it to test 1899 if Global economy.slows further.
trade with.care.
iPunter ( Date: 17-Aug-2011 15:28) Posted:
" Ga ga jeep" is okay... but only " ga ga mau"
if you want to become rich... but that can also make
you " pok" if the market is bad. Like I said before,
the stock market is all betting, just a little better
than the casino. If you want to become rich,
you must go into a proper business and grow.
And don't forget a lot of rich businessmen lost tons
of money in the stock market because they " mau" .
Usually they mau gwee cheng liap or
gwee ba liap (big lots) at each go...
muifan ( Date: 17-Aug-2011 14:21) Posted:
Not to gian gian is one of the art of trading i feel...
and I am now trying to improve myself in this art..
and also when the time is ripe...
also must ga-ga ma |
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Selling will begin this friday.
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yes
Gaecia ( Date: 16-Aug-2011 18:03) Posted:
Do you mean genting sp?
risktaker ( Date: 16-Aug-2011 18:00) Posted:
| 1.45 will be a strong support if that breaks we will see 1.20-1.30 |
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1.45 will be a strong support if that breaks we will see 1.20-1.30
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hmmmmmm anyone has any special news.for this baby? my friends asked me to hammer this baby anything.lower than 0.10
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We believed spending cuts from the US and Europe will result another recession.
Many jobs will be cut or lost.
manufacturing data and.consumer confidence in US is showing strong.signal that economy isnt doing well and any spending cuts will direct a heavy blow.to its current weaken economy.
Sell on rally is my piece.of advise.
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let me give u some insight of whats happening.
Many big coy will cut jobs in the next few months especially after seasonal play. Most orders should have been placed by now. However manufacturing data are still in a weak spot.
US has to indentify the spending cuts by oct/nov. which eventually ripple thru its economy. As we know QE2 isnt too effective so we doubt there will be another round of QE3 but we do believe in policy change.
At this moment we expect global economy to grow at its slowest pace in 2012 and eurpe and US has a 50/50 chance to go into recession.
Cash is king now. if u want to know more pls pm me i will send u an analysis.
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Good luck guys. Remember to run with profit not with losses. next support 2650 could be tested next week.
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haha nice picture..... hmmmmmm interesting....
iPunter ( Date: 11-Aug-2011 21:29) Posted:
Figuratively speaking, that may be true...
And the financial world is in great turmoil.
By the way, here is an interesting occurrence in the sky
which you can see for yourself. Go to Google Maps Street
View page and paste this 47.110579,9.227568 in the search box
( the lat. and long.). On the map, go on the main road/s and
explore the sky around. You will be able to see the color
apparitions in the sky no matter on which part of the road.
I don't believe this is a hoax, because Google is a
known credible service. Perhaps this phenomenon
can be discussed... 
jasonsg ( Date: 11-Aug-2011 21:08) Posted:
| it looks like the end of the world
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Just one thing to remember in this kind of market. One should sell even it is a $100 dollars profit as in this kind of volatile market...... your profit could be easily be gone in seconds. We are going for Lower Low and Lower High ....
Careful ------ Trade with Care.
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If there is a rebound.coming tomorrow make sure.u know.how to take profit.
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US ECONOMY IS SLOWING DOWN. RECENT REPORTS SHOWS THAT JOB CUTS HAS BEEN INCREASING.
WITH EURO.ZONE AND.US STARTING TO CUT THIER SPENDINGS. THE WORLD MAYBE HIT BY ANOTHER DEEP RECESSION END OF THE YEAR OR EARLY NEXT YEAR. IF THIS HAPPEN CHINA WONT BE ABLE TO SAVE THE WORLD ONCE MORE LIKE IT DID LAST ROUND.
BE PREPARED FOR YHE WORST. CASH IS KING NOW. THE ONCE UNTHINKABLE DOUBLE.DIP HAS A 50/50 CHANCE OF HAPPENING.
STI NEXT STRONG SUPPORT IS AT 2650. GOOD LUCK
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how can u forget GIC ?
gavinl ( Date: 08-Aug-2011 14:58) Posted:
Something very fishy,about 1 hour to europe market opening,our STI rebounded 30 points.
Either is Temasek to the resue or a trap set by BB.
Later europe side sure to be red red,better stay clear. |
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Genting go go go
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Most Big funds have cash on hands now after recent sell off. Maybe some still hold 10-15% exposure in the market. Now they are waiting sideline to see the development before jumping back in.
However most funds are.more willingly to enter Chinese and hong kong market. Rather than the US. As growth will be.limited there now.
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its a shame that world.number 1 super power show its ugly side.of it politics to the world during their debt crisis debate.
America is like leading by 2 party. When 2 party totally disagree on the things should go about things will get delayed and turn out bad. I am pleased and happy with singapore political system. Thats why things get implemented fast and changed inorder to overcome obstacles.
Singapore has growth into an advanced economy thanx to our government. Singapore is one of the 15 countries.in the.world to have AAA rating.
Happy birthday Singapore. Even though STI is a bloodbath. Trade with care.
Huat ah. Singapore forever! a Nation strong and free!
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Dow jone started its decline from 12724 on jul 21 till 8 aug 11444 close.
if we include its intra day low of 11139. it shows a correction of 1585 pts. which is around 12.4%
dow might find it support at 10943. if that breaks we will be looking at 9985.
Sti has a 98% chance it will have a technical rebound on coming wednesday. as fed and ecb will most likely announced something to calm the market.
i say the market is downtrend because the current global.environment is different from what we had in 2008. 2008 most advanced economy are in better position in their debt issue they are more and have the ability to bailout banks or stimulate the economy. also interest rate are pretty high in 2008 so they have another option to stimulate the economy by lowering the interest rate. In 2008 china is growing fast and furious. when crisis hit China cut the interest rate issue a stimulus package to its economy that work well. however look at the current situation. we had record low interest rate, we had record high debts in many advanced economy. Are they in a position to save the economy again? after spending trillions of dollars what has really changed? nothing but more debts.
i believed the world may eventually let the market recover.itself.
good luck.
still today is a good chance to buy. i execpt a relief.rally to kick in this week.
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STI bottom after 3 weeks on 28 oct at low intra day of 1473 and close at 1666. after that STI went for a.consolidation phase.
risktaker ( Date: 08-Aug-2011 13:06) Posted:
| Sti worst drop is 2008 10 oct.
oct 9 2008 sti close 2102
oct 9 2008.sti close 1948 |
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oct 2008 9 dow jone high 9448 low 8579 close 8579 (open 9261)
oct 2008 10 dow jone high 8451.19 low 7882 close 8451.19 (open 8901)
after 5 months dow bottom at 6547
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