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Latest Posts By elfinchilde - Elite      About elfinchilde
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05-Aug-2008 11:49 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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most of the vol is from foreigners selling like crazy.... (-_-").....raising funds for back home again.

be careful of swift rebound from the base.
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05-Aug-2008 11:33 COSCO SHP SG   /   CoscoCorp       Go to Message
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relax on the buying; hasn't hit bottom yet. won't kill to wait at least one day.

275 warzone; 2.7 support for today
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05-Aug-2008 11:24 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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going by macros, Fed likely to keep status quo.

Take care on capitaland. ML selling on automated system. This is one reason why i think shorting should be banned. They can't short elsewhere, so come to lenient singapore to short.
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04-Aug-2008 15:54 CapitaLand   /   CapitaLand: Too early to bottom fish       Go to Message
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careful on capland, foreigner selling; automated system.

support for today at 5.3. Lidding 537. A lot of false queues.

wld peg nearer term support at 5.1. but watch out for rebound; likely to be fast and swift cos actual queues are thin.

if you're vested, wldn't advise a cut now since it's very oversold (wills has touched 100% oversold). may be better to try a DCA instead. but wait for the bottoming, see if 530 will hold.
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04-Aug-2008 15:29 COSCO SHP SG   /   CoscoCorp       Go to Message
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fr data:

likely two BBs selling, one (or perhaps two) BB buying. BB selling on automated system i think. lidding at 2.92-2.93.

net pic for the day is distribution of abt 2,000 lots.

fyi only.
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04-Aug-2008 14:07 Entertainment   /   Fellowship of the Shares       Go to Message
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ooh, thanks for the response, baseer. you do have a very positive view of life. could learn that from you. :)

and i like the kashmir donkey quote!  wonder tho if we can say that the local donkey doesn't know saffron, because saffron is not allowed to the donkey. it is reserved for foreigners, much the way cashmere is. :P and   on the mas selamat 'starring' bit. hehe.

i am dreaming on the pinnacle of maslow's pyramid. hence what is stopping is pragmatism. the realistic fact that a dream doesn't feed the stomach. The boredom of a monotony that has no sparks nor shards of brilliance. But, Fitzgerald said it rightly in The Great Gatsby, that "no amount of fire or freshness can challenge what a man can store up in his ghostly heart."

George Yeo. ah, i could tell you things about him. A good man.
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04-Aug-2008 13:51 Others   /   Ghost Month and the Stock Market       Go to Message
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hehe, i couldn't resist punning on the 88.

but yea. actually, i don't buy 4D or toto or suchlike too. For the simple reason that no techie would take all-or-nothing odds in any stake he/she makes. Not even if it's a 50c ticket. Principles have to be consistent if they're to be applied as a way of life.

Having said that tho, there are some people who really do have gambling luck. I know of a few. Quite creepy actually.

 



trader88.sg      ( Date: 04-Aug-2008 10:37) Posted:

SmileySmiley

I can give 4 digit numbers, but my numbers will be as random as what you all can give.

I have stopped buying 4D for over 10 years already. If you calculate the probability of winning, it is just too unconvincing.  



elfinchilde      ( Date: 04-Aug-2008 00:03) Posted:

yah, and it would also be the best time for trader88 to give us all four digit numbers so that everyone can huat ahhhh together. hehe.  


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04-Aug-2008 00:22 Asiatic   /   Asiatic       Go to Message
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well, if you look at the AR of asiatic, there isn't much of a worry, except for the convertible bonds thing; hope it isn't one of those death spiral issues. >~< Would anyone be able to give an opinion on that?

o/w, i think the writer either has never been to Cambodia before, or holds some prejudice against the country. His remarks strike me as being rather flippant. Speaking as someone who's backpacked Cambodia (the arc from Siem Reap all the way south to Sihanoukville), this is a young country akin to Singapore in the 1950s-60s. Is it messy? Sure. But there's also tremendous growth and youth and potential there. Why else would Thai businessmen be flocking to the country for deals in hotels, etcetc?

Yea, they may be B grade in investment terms, but their rate of growth is phenomenal. And really, if you look at it globally, countries like the US are rated AAA investment grade, but who's in the doldrums now?

The fact remains that the time now is Asia's. Not the US, not Europe. Asiatic is in the essential infrastructure industry. Which is exactly what growing countries like Vietnam, Cambodia and Laos need. For these countries, the current global slowdown is just temporary. Would anyone say, for instance, that China's growth will stop just because of this and the next year?  

Oh and btw, the best carbonara pasta I had was in Phnom Penh.  It came proper with a half-cracked raw egg in the shell. And the service was impeccable: They switched the sides of my sister's cutlery because they noticed that she's left-handed. Even very few five-star hotels here are so observant. This, from a roadside cafe.

It's a country often looked down upon by richer nations, even Singaporeans, since most would not want to visit the country. But if you're there, and you get the sense of possibility in the air, the derring-do of the people, most of whom are so very young, you'll know why, as a businessman, you'd choose to take a risk and put your money there.
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04-Aug-2008 00:03 Others   /   Ghost Month and the Stock Market       Go to Message
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yah, and it would also be the best time for trader88 to give us all four digit numbers so that everyone can huat ahhhh together. hehe.  

trader88.sg      ( Date: 03-Aug-2008 22:25) Posted:

If China chose to hold Olympic on 080808, it should not be that bad.

So the best time on 080808 should be 08:08:08? Smiley 



Sporeguy      ( Date: 03-Aug-2008 20:51) Posted:

According to the Chinese almanac, it is an auspicious day for wedding on 08.08.08 (8th day of 7th Lunar month).


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03-Aug-2008 21:59 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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cwquah, i place my bets for up. hehe. :P
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03-Aug-2008 21:58 Others   /   Ghost Month and the Stock Market       Go to Message
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wah, sporeguy. hats off to you man. (-_-")....very mathematically inclined, i see. hehe.
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03-Aug-2008 21:55 Entertainment   /   Fellowship of the Shares       Go to Message
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hmm...baseer, a question for you: is singapore a place for dreams and dreamers? Do we really have space for it. or is it that if you dream differently from the norm (ie, you don't dream about getting a steady job/starting a business, a flat, 2 kids, grow old, retire, die), then in effect, there is no place for you here?

Do we really accept those who march to the beat of a different drummer, as Thoreau says. Or do we just castigate and lynch those whose dreams are different?

Sometimes it seems to me that we're a nation of armchair critics resistant to change. That overtly we call for it, but when the time comes for action, people just slink away, muttering that those who want change are "stupid".

Ours isn't a culture of positive reinforcement, nor belief. Most often, singaporeans move because they are pushed; and not for a natural affinity for what they are doing. Too often, dreams get buried under the daily grey concrete of existence, the monotony of having to be.

Imagination. It is the one crucial quality which most singaporeans do not possess. We only know how to follow out of fear. And so, they will diss those who think differently.  
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03-Aug-2008 21:47 SPC   /   SPC       Go to Message
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one common reason for people--be they directors or otherwise--to cash out their shares is because they too are players in the market, and need to shore up other losing counters. ie, it may have absolutely nothing to do with SPC per se, but with an individual's overall portfolio.

Since psychologically, most people will sell their winners to shore up the losers, rather than cut loss. It's a common mistake known as "shooting your winners."

Anyhow, just keep watch. If it's a once-off event, no big deal. But if you see different directors concertedly selling down, then it'd be a cause for concern.

This counter shouldn't worry its holders anyway. Oil's retracement via fibo should be to about 120, so when gold hits 86 and oil is steady at a base, you can then expect a rebound (and rest of market, down).

edit: ah, i see sporeguy has calculated the oil fibo. Smiley
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31-Jul-2008 23:18 Entertainment   /   Fellowship of the Shares       Go to Message
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bring along my dad. he's very good at picking out good fruits. durian, rambutan, watermelon, mangosteen, whatever.  Smiley

but really, go to a trusted seller. our family (clan) has been going to one for like, 3 generations.  



stupidfool      ( Date: 31-Jul-2008 20:54) Posted:



Anyone in SJ can advise on how to select the best durians?

Thanks in advance 

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30-Jul-2008 18:08 Entertainment   /   Fellowship of the Shares       Go to Message
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30-Jul-2008 15:38 Others   /   US ban on shorting       Go to Message
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i think SGX should ban naked shorting. traders may say all they like about it being a valid way of making money, but the fact is that most shorting is done by the BBs, especially the foreigners.

And since the US is banned, they shift elsewhere. You think the tanking of the local market was really due to loss of value, hence distribution? Hell, no. It was shorted to death.

Already for longs, the odds are skewed, now to have shorts in as well. It isn't quite fair to retailers. Besides, investing is about growth: strictly speaking, shorting runs counter to the principle of investing.

But then, ours has always been a country that protects the rich and powerful, rather than the common man.  

MS. ML. UBS. Citigroup. GS. These are the common foreign BBs in. Add to that the local BBs. And authorities do nothing except send SGX queries of "Can you explain the anomaly in your trading session?", to which the company replies "We know of no material reason for the change in price." 

When out and blatantly, you know it is BB moving. C'mon, just time the analyst reports.

It's a hung jury. Paper tigers. bwah.
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30-Jul-2008 14:39 Swiber   /   at what price to buy?       Go to Message
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edit: your foreigner in this counter is MS.

they've been actively churning the local stocks recently. Capland runup last week was done in part by them as well.

which is why i keep saying that if you go by 'fundamentals' and 'value', that's not possible in our market.
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30-Jul-2008 14:32 Swiber   /   at what price to buy?       Go to Message
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carpet bombing by the BBs. likely same cartel that played Jade and all that.

just relax and see what they do.

above only my opinion, caveat applies.
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30-Jul-2008 00:59 Entertainment   /   Fellowship of the Shares       Go to Message
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hehe, CWQuah, food is a national pasttime.

i had roborowskis before, the smallest of the dwarf hammies. man, they were adorable! imagine six baby butts, concertedly pushing a paper roll together. or fighting for space in the water/food dish. They liked to 'rearrange' their furniture, too. They'd shift the houses, the wheels, the paper rolls. Anythign that could be shifted. Home decor.   i cried like heck when they died though. it's a real heartache.  

A hinged turtle?   ye gawds, five terrapins. reptiles grow until they die. How big are yours.  

i had a friend who had a monitor lizard once. that thing was like more than 1m in length, and kept escaping from its cage and going beneath the couch.  
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29-Jul-2008 23:17 Others   /   10 Principles       Go to Message
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yuppers. completely agree with livermore here.

i mean, i do both TA and FA. and i can't even find 14 'good' stocks at any one time. o_0

besides, if you've found a couple of good stocks, doesn't it make more sense to put your capital into them, then into dodgy ones? The amt of digging required to find one good stock is tremendous already.

some weeding out has to be done.

 
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