Latest Forum Topics / Genting Sing Last:0.87 -0.005 | Post Reply |
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bladez87
Master |
05-Dec-2010 20:57
Yells: "I AM PAPER TRADING AFTER LOSING 5k!" |
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YES I MUST REFRAIN FROM JUMPING IN! but it is so tempting! i mean so far so much good news! bad news all postponed to next year liao! i must only buy on dip! only on the next correction! AHHHHH so tempting lol. |
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krisluke
Supreme |
05-Dec-2010 20:34
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i read the 3 yrs sti chart. dec usually performs one. jan-feb may be not so good. mar start to improve.
Sometimes, can read FS for some advise too : p Clsa golden tiger to roar 2010
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firewood
Master |
05-Dec-2010 20:22
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U paper trade ok?
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Gaecia
Elite |
05-Dec-2010 20:14
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Master Bladez, pls bear this in mind - do not let your emotions get the better of u.
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watermelon
Veteran |
05-Dec-2010 20:04
Yells: "A bird in the hand is worth two in the bush." |
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Dec to Feb are usually bullish months for global markets ! So its BULLISH TEMPO , CHIONG AH , HUAT AH !!! LOL
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bladez87
Master |
05-Dec-2010 19:48
Yells: "I AM PAPER TRADING AFTER LOSING 5k!" |
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looks like a good time to be vested. with the FED announcing higher QE2 and china interest rate pushed to next year. i don foresee any big events to prove otherwise. | ||||
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krisluke
Supreme |
05-Dec-2010 18:11
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genting singapore monday chiong arhhhhhh. |
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firewood
Master |
05-Dec-2010 15:46
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BEIJING - CHINA'S inflation is unlikely to reach the heady levels seen in 2006-2008 because the economy is showing no signs of overheating, prominent economist Fan Gang said in comments published on Sunday. Although food prices have been rising, the gains have not been that large compared to the 2006-2008 period, Mr Fan, a former adviser to the People's Bank of China, told a forum in Shanghai, according to the People's Daily. 'In 2006-2007, the domestic economy was overheating, but the current economic growth is more stable,' said Mr Fan, who heads the National Economic Research Institute, a Beijing think tank. China's economic growth in 2011 is expected to stay strong, driven by a recovery in business investment, higher exports and property investments, he added. Beijing had said that inflation this year will average no more than 3 per cent, but that target is likely to be surpassed after consumer prices rose 4.4 per cent in the year to October, the fastest pace in 25 months. In the first 10 months, the Consumer Price Index (CPI) was 3.0 per cent higher than in the same period of 2009. China is now considering raising its inflation target for 2011 even as it is campaigning to reassure consumers that price pressures will remain in check. -- REUTERS | ||||
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firewood
Master |
05-Dec-2010 15:41
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Depending on SSE tmr, STI and HSI dropped on fri but SSE haven.
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rabbitfoot
Veteran |
05-Dec-2010 15:23
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Looks like it's Bull from tomorrow onwards.
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BullishTempo
Supreme |
05-Dec-2010 14:14
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Yeah Ice Tomato, glad u liked that last paragraph. He uses the P/E ratio to determine market bottoms and market tops. I use the RSI and support/resistance levels. You can combine all of them if you like. The various indicators, be it P/E ratio, RSI and support levels, show that we are at the moment, bouncing up from a market bottom. This has already happened last week. So the market is expected to gradually move up now from this point. |
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BullishTempo
Supreme |
05-Dec-2010 14:09
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There are two reasons : 1) Economists believe the unemployment data may not be accurate and that the non-farm payrolls report may contain data that is actually lagging the real market situation. They believe the non-farm payrolls report will be revised upwards next month. 2) Ben Bernanke of Federal Reserve is believe to be announcing a higher than US $600 billion QE2. If you read my previous post of a famed local investor, the big "sharks" in the market frequently manipulate news to move markets in their favour. So we need to read the news with the mentality of a big "shark" and not as a retail investor. Once you know what they are trying to do, you will be able to move in the same direction as them, and not move against them. Anyway, there is more good news and bullish indicators as of now till end of December. The only risk factor now is when China decides to hike interest rates. But even then, markets are expected to have a knee-jerk reaction and then quickly recover within a week. December to February are usually bullish months for global markets.
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icetomato
Elite |
05-Dec-2010 12:01
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Last paragraph, I like.
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firewood
Master |
05-Dec-2010 11:52
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I was so surprised when i was monitoring Dow movement on fri. Not sure if it due to spain or so, was expecting a crash but Dow was dancing cha cha. When i woke up, it actually close positive! On fri, STI flash crash. What will happen to STI tmr?Hmmmmm Gold and oil soaring to the sky
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bladez87
Master |
05-Dec-2010 11:46
Yells: "I AM PAPER TRADING AFTER LOSING 5k!" |
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most likely. resistance against the QE2 already died down, and now FED stated QE2 not limited to 600b and might increase to boost economy
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firewood
Master |
05-Dec-2010 10:42
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That's the reason y DJ went green instead of red due to the damn lousy employment data?
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bladez87
Master |
05-Dec-2010 09:51
Yells: "I AM PAPER TRADING AFTER LOSING 5k!" |
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eh, bloomberg said QE2 might not be limited to 600b only | ||||
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iPunter
Supreme |
05-Dec-2010 09:08
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Plus, if you trade after hours, you need so much coffee to remain awake throughout he night. And then you will also miss local day trading since you still have to sleep.
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BullishTempo
Supreme |
05-Dec-2010 08:32
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From a famed local investor : Dear Friends In November, stock markets behaved like a reversed V shape; rising early in the month andfalling back to the starting point towards month end. US Fed is to buy US$900 billion of trasury bondbefore end of 2nd quarter next year. Of the total US$900 bil, 600 bil is newly printed notes and 300 bilis money collected. As I explained before, the Fed had been quietly withdrawing capital from the markets insteadof injecting it to the markets for the past year. Now, Fed has clearly told us how much is the newcapital, how much is collected and re-injected to the markets.Is the current US$600 bil new capital injection considered large enough? In fact, the amountis at the low end of market expectation. What was the reason for the markets to correct in midOctober? Market runours had it that the quantum of the new quantitative easing monetary exercisewould not be too much, approximately US$500 bil, far from many peiople’s thinking of US$2 trillion similar to that of last year. Now the outcome of the new quantitative easing monetary exercise is in line with the low end quantum as rumoured in mid October. The interesting part is: not withstanding QE2’s low quantum US$500 being far from US$2 trillion expected, what caused the markets to rise steeply in the first 10days of November? The only reason is that the major market players had control of the market sentiments. Majormarket players ignored the size of QE2 and played up the share prices to test the uppermost levelmarkets could tolerate. When the markets go up, greed comes into play and people would chase andpush up the prices further. When the QE2 was published, good news had been exhausted and therewas no reason to play up the prices any longer. Without good news, the markets went to the oppositedirection to create bad news. Beside Korean gun firing, rest of the bad news were invented by thosebig crocodiles. First, the made believe fear of China’s interest increase; followed by the down gradingof several European countries’ credit rating by US credit rating agencies, the lackeys of those bigcrocodiles. When markets dip, many people could not sleep due to psychological fear if they do notsell their stock holdings. If you cannot conquer greed and fear, you are definitely not a first rate investor. The State Department of China deploys 4 strategies to surpress inflation: to ensure supplies and demands in equilibrum; to rationalise the government aid and subsidy system; to strengthen controls and more severe punishments to malicious manipulators; and to directly intervene prices of goods when necessary. These policies are just like lighting up fire to put it off; pushing up domestic demands to generate income and inflation only to surpress it. These actions will put pressure on the dragon stocks listed on the Singapore Stock Exchange. Personally I think inflation is not a big issue as long as income exceeds inflation rate; if so the inflation is a happy issue. Taiwan’s 5 city election is over. The most special feature in this election is both Kuomintang(国民党) and Democratic Progressive Party (民进党) did not bring up independence/unity issue. Instead during the campaign both parties focussed on local administration, political effectiveness,local development blueprints etcQQQa good sign indeed.When Democratic Progress Party’s Chen Shui Bian won the presidential election in 2000,Chen used Taiwan’s independence/unity issue to win electoral votes. He did not concern himself withTaiwan’s economic development. He was a corrupt oficial, kept manipulating independence/unityissue to gain electoral votes. And as a result the population was divided into hostile camps bringingsocial unrests. In the end Democratic Progressive Party and Chen Shui Bian himself were defeated. When Kuomintng was re-elected in 2008, Democratic Progressively Party, having learnt a painful lesson, decided to change course away from Chen Shui Bian’s policies and positioned itself on a rationale and pragmatic approach. It means the good relationship between the two shores will remain for a long time. As Democratic Progressive Party has become pragmatic politically, it is not likely to follow Li Deng Hui and Chen Shui Bian instigating and creating tension for no reason. In future, whichever of the two parties takes turn to govern Taiwan, the relationship between the two shores will not change much. Extremism has lost its appeal; pragmatisim has become the mainstream of thought,which is good for investors. North and South Koreas’ situation tenses up certainly. Now and again over the past years,North Korea would.maliciously instigate troubles for financial gains. Before firing 200 rounds of gunfire, North Korea could have short selling in the stock markets all over the world. With its delicate and wealth position, South Korea does not want to go to war. China also does not want to fight another Korean war. Therefore if North Korea goes too far, China would stop her from doing it. North Korea also knows her own strength is no match to US military power. Inspiteof North South tension, it is unlikely to start a war. Market trend is still erratic and uncertain. Do not bother to guess where the market is heading.While the market corrects, buy stocks you wished to buy but did not do it. After the current correction,some stock prices have been greatly adjusted with lower PE. I am of the view now is time to considercollecting. I usually say investment needs patience; when others are rushing to buy high PE stocks,you must have the patience to wait for market to correct. Stock prices do not keep rising everyday in a bull run, they go through few adjustments. You must have the discipline not to buy expensive stocks. Enter market only when prices corrected and PE becomes relatively lower. On the other hand we can never be so timely to buy stocks at the lowest level. Buy in the stock you think PE is relatively low, and once you have bought it, do not bother with its price movement. |
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BullishTempo
Supreme |
05-Dec-2010 08:07
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MARKET SNAPSHOT Dec. 4, 2010, 6:02 a.m. EST Wall Street could continue rise on Fed talkIrish vote on government’s austerity measure a potential cloud‹ Previous Column First Take › By Kate Gibson, MarketWatch NEW YORK (MarketWatch) — The U.S. stock market will likely start the week ahead with Ben Bernanke on its collective mind, with the Federal Reserve chairman defending the Fed’s bond buys in an interview to be aired Sunday night. “One of the interesting things for the market is Bernanke, he probably talks about the need for quantitative easing,” said Robert Pavlik, chief market strategist at Banyan Partners. The interview, taped Tuesday in Columbus, Ohio, has Bernanke defending the Fed’s program to buy $600 billion in Treasury notes, and the network’s release detailing some of its content was credited with helping give stocks a lift just ahead of Friday’s close. The major indexes had meandered mostly lower in offering a muted reaction to a disappointing November jobs report, with some questioning whether it would ultimately be revised higher. The Dow Jones Industrial Average (DJIA 11,382, +19.68, +0.17%) rose 19.68 points, or 0.2%, to 11,382.09, up 2.6% for the week. The S&P 500 (SPX 1,225, +3.18, +0.26%) added 3.18 points, or 0.3%, to 1,224.71, a weekly rise of 3%, while the Nasdaq Composite (COMP 2,591, +12.11, +0.47%) gained 12.11 points, or 0.5%, to finish at 2,591.46, a gain of 2.2% from the week-before close. The weekly gains largely stemmed from a two-day rally that had the Dow tallying triple-digit gains both Wednesday and Thursday as worries about the potential spread of Ireland’s debt crisis abated. “This past week we had a lot of worries that in a different market environment could have led to significant selling in equities. As soon as the real bad news stopped coming out of Europe, the market took off,” said Ken Tower, senior analyst at Quantitative Analysis Service. Differing dataThe concern from events overseas had dented enthusiasm over a string of largely positive U.S. economic reports, including a drop in weekly claims for initial jobless benefits and one from Automatic Data Processing Inc., which found the private sector added 93,000 jobs in November. The ADP employment report had analysts hiking expectations for the monthly payrolls data, which found employers added only 39,000 jobs in November, well under forecasts, and the jobless rate climbing to 9.8%. “Investors are willing to view the number with some skepticism as perhaps a lagging indicator. Also the prior month was revised higher, so maybe the headline number isn’t quite as bad as it first appeared,” said Tower. “I think the nonfarm payroll number may turn out to have just been lagging the improvement that we began to see last week,” Tower added. And, questions about the labor market and the accuracy of the monthly data places further importance on weekly claims figures to be released Thursday. As for Bernanke, the Fed chief is not ruling out further bond purchases by the central bank, CBS said in a release Friday on the interview to be aired Sunday on the program “60 Minutes.” |
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