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Stocks Correction Mid September to Early October
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Peg_li
Master |
01-Oct-2009 00:17
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kelly, when you plan to enter the market? 2500 or 2200?
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risktaker
Supreme |
01-Oct-2009 00:13
Yells: "Sometimes you think you know, but in fact you dont" |
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People refuse to listen/believe because they think they are smarter than the rest or they refuse to face reality. But coming days will prove my prediction :) Watch |
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kellychang
Master |
30-Sep-2009 23:52
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people here really dunno bear... hahaha...hmm...but if bear really come, we want avoid also cant escape.... |
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buylist
Senior |
30-Sep-2009 23:30
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please stay out until more clear direction ahead. Large black cloud over our head.... | ||||
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kellychang
Master |
30-Sep-2009 23:21
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well...when i said STI 2200 then nobody believe.... well....u guys even open a thread...said if my msn down then go there to play around... say STI 3000 , what n what.... ok, let see what going to happen..... |
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risktaker
Supreme |
30-Sep-2009 22:50
Yells: "Sometimes you think you know, but in fact you dont" |
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None left :) (expect certain Correction Proof stock) Run liao lor..... :) The effects will be bigger due to the natural disasters happening in US and Sumatra. Trade with Cautions.
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1362945
Member |
30-Sep-2009 22:41
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ha. dont need wait. correction so big time today. tomorrow will surge back already. |
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Peg_li
Master |
30-Sep-2009 22:34
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u,out already?clear all aready?
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risktaker
Supreme |
30-Sep-2009 22:30
Yells: "Sometimes you think you know, but in fact you dont" |
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Hope u guys already out. |
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WeiQiQi
Member |
29-Sep-2009 17:37
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so chance to get out tomorrow? qtr end window dressing... | ||||
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beckleong
Member |
29-Sep-2009 17:34
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Not for the weak heart | ||||
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risktaker
Supreme |
29-Sep-2009 17:20
Yells: "Sometimes you think you know, but in fact you dont" |
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Correction has been initiated. It will last till early Oct. Trade with cautions. | ||||
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risktaker
Supreme |
01-Sep-2009 07:29
Yells: "Sometimes you think you know, but in fact you dont" |
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I dont think the correction will start so soon. We should have roller coaster ride (Up & Down) for at least 2 weeks before the Correction kick in. However I might be wrong, sentiments in the market and singaporean tends to be kaisu. When they think Mid September will get correct they will exit before that. Good luck guys. |
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cheongwee
Elite |
31-Aug-2009 22:14
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what the heck,,,so many good news , yet dow follow Shanghai ,..how can a big guy follow this SSE.. but i see dow close a few ten pts down... Stocks tumble despite dealsWall Street opens lower as investors look past a pair of corporate buyouts to focus on a big selloff overseas.NEW YORK (CNNMoney.com) -- Stocks followed global markets sharply lower Monday despite some deal activity, including an announcement by Disney that it agreed to acquire Marvel Entertainment. The Dow Jones industrial average (INDU) was down about 89 points, or 0.9%, after falling more than 100 points shortly after the opening bell. The S&P 500 (SPX) index lost 1.2% and the Nasdaq composite (COMP) slid 1.3%. Stocks closed mixed Friday. The Dow and S&P both ended lower, while the Nasdaq gained 1 point to its highest level since early October. Investors are bracing for a possible pullback in September, which is historically a bad month for stocks, on the back of a surprisingly strong summer advance. Between the March 9 lows and Friday's close, the S&P 500 gained 52%. World markets: The mood in global markets was downbeat Monday, with world stock indexes falling after Shanghai stocks sank 6% to a three-month low on worries about bank lending. Elsewhere in Asia, Japan's Nikkei fell after a surge in the yen that was sparked by an election victory for the opposition Democratic Party. Major European markets were lower in morning trading. London markets were closed for a bank holiday. Companies: A burst of deal activity announced Monday, however, failed to provide much of a lift to U.S. futures. Walt Disney (DIS, Fortune 500) said it would acquire comic book publisher Marvel Entertainment (MVL) for approximately $4 billion. Shares of the comic book and film production company surged 26%. Oilfield services company Baker Hughes (BHI, Fortune 500) also revealed Monday that it would purchase rival BJ Services (BJS, Fortune 500) in a cash-and-stock deal worth approximately $5.5 billion. Economy: A report showed manufacturing activity in the Midwest was stronger than expected during August. The Chicago PMI rose to 50.0 in August from 43.4 in July. Economists surveyed by Briefing.com had forecast a reading of 47.2. Investors are looking toward a number of economic reports later in the week. Among them: auto sales for August on Tuesday, manufacturing activity data on Wednesday and the widely watched monthly employment report on Friday. In currency trading, the dollar rose against the euro and retreated versus the yen. How does your portfolio look nearly one year after the collapse of Lehman Brothers? What investment choices hurt you or helped you the most? What strategy changes are you making for the future? Tell us your story. E-mail realstories@cnnmoney.com and your thoughts could be part of an upcoming story. For the CNNMoney.com Comment Policy, click here.
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cheongwee
Elite |
31-Aug-2009 22:01
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anyone know what time this data reporting... Monday: The Chicago PMI, one of the more closely-tracked regional readings on manufacturing, is due in the morning. The index is expected to have risen to 47.2 in August from 43.4 in July, according to a Briefing.com survey of economists. That puts the index closer to the 50 level that indicates growth in the sector |
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cheongwee
Elite |
31-Aug-2009 21:59
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Why ???...because i see this recesion as different, so this september also to be different..from norm.. i bet it is a bullish september..
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kellychang
Master |
31-Aug-2009 21:52
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very chim...dun understand...
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cheongwee
Elite |
31-Aug-2009 21:50
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I be contrarian, since everybody say correction,.... i will correct them by saying rally still on till late summer.. dow 10000 to 10500...sti 2900...latest revise fig..not fr HS Dent fr me..so pls dyodd... |
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dealer0168
Elite |
31-Aug-2009 21:46
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My take for this round is still a correction. Unless got major economy problem surface up at US or China, if not, i don't think the bear will dare to come out now. Cheers. (Jus my opinion) |
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Peg_li
Master |
31-Aug-2009 21:44
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According to those economy data from America, America economy is recovering at third quarter. Bear does not come at all, STI maybe have 10% correction. even 15% correction, I think it's normal. There are a lot of fund outside, they are preparing to jump in,so every time STI go down below 2500, it recovers back imediately. so no need worry about deep correction. just my opinion. one suggestion , don't sell you blue chips easily, otherwise you will regret.
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