Latest Forum Topics / Genting Sing Last:0.885 +0.01 | Post Reply |
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BullishTempo
Supreme |
04-Nov-2010 14:08
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Nov. 4, 2010, 12:22 a.m. EDT Asian Shares Mostly Up; Earnings Support TokyoRelated storiesBy Shri Navaratnam (Adds information, quotes, updates/adds market levels) SINGAPORE (MarketWatch) -- Asian share markets were mostly higher Thursday with the Tokyo market rising sharply on recent positive earnings reports, while most investors welcomed the U.S. Federal Reserve's latest stimulus package. Japan's Nikkei Stock Average rose 2.2% as trading resumed after Wednesday's national holiday, while Australia's S&P/ASX 200 was up 0.4%, South Korea's Kospi Composite added 0.4%, China's Shanghai Composite Index gained 1.3%, Hong Kong's Hang Seng Index was 1.2% higher and India's Sensex was up 0.8%. Dow Jones Industrial Average futures were up three points in screen trade. Markets generally responded positively to the Federal Reserve's announcement of a $600 billion asset-buying plan, known as quantitative easing, to inject life into an anemic U.S. economy. "It was a wild night, so it's early days, but with QE2 in the bag, the market might start to view positive U.S. economic data in a more bullish light," said Macquarie Private Wealth adviser Shannon Briggs. The Tokyo market was bolstered by strong earnings and relief the Fed didn't pursue a more aggressive asset-buying plan which could have driven an already-strong yen further up against the U.S. dollar. "There is a sense of relief that the U.S. Fed's decision did not diverge too sharply from market expectations," said Yoshinori Nagano, senior strategist at Daiwa Asset Management.
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Icymilo
Senior |
04-Nov-2010 14:07
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They have friday to trade but we dun, that should be they main reason, singapore ma more KS
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BullishTempo
Supreme |
04-Nov-2010 14:06
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Looking at STI today, And the holiday tomorrow, Most counters will close at 5.05pm with a sell-down. |
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BullishTempo
Supreme |
04-Nov-2010 14:04
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Just donate 10% of profits every month. You will be richly rewarded.
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watermelon
Veteran |
04-Nov-2010 14:03
Yells: "A bird in the hand is worth two in the bush." |
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A bird in the hand is worth two in the bush. Glad to know that you'd earned ! Don't forget to do good deeds as you accumulate wealth !
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BullishTempo
Supreme |
04-Nov-2010 14:02
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And Japan.
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BullishTempo
Supreme |
04-Nov-2010 14:01
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The rest of Asia is still in rally mode though. Look at Shanghai and Hong Kong. |
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icetomato
Elite |
04-Nov-2010 14:01
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Yes... lots of times when news are out, prices have been pushed up already.
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bladez87
Master |
04-Nov-2010 13:57
Yells: "I AM PAPER TRADING AFTER LOSING 5k!" |
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wow. is there a need to shout. congrats on your earning. we both went in together if i not wrong, but you reap better rewards for waiting. i shall learn to be patient too.
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bladez87
Master |
04-Nov-2010 13:55
Yells: "I AM PAPER TRADING AFTER LOSING 5k!" |
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quite true. everyone already assumed the QE2 will go through and pushed the price so high. so now not much fuel left for further push. ya just heng did not dive
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BullishTempo
Supreme |
04-Nov-2010 13:54
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Also you need to realise the meaning of "Buy the rumour, sell the news" The market moves 6 months ahead of the economy. The market also moves ahead of the news. Look at the STI candles from last week friday till yesterday. Pricing in of QE2 was already happening. BUY the rumour, SELL the news.
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BullishTempo
Supreme |
04-Nov-2010 13:51
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No stock can go up every single day. Just like STI cannot go up every single day. Much of QE2 is already priced in. Be grateful that QE2 went through and the stock market did not dive today. This attitude will serve you longer in the long run.
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CBClow
Senior |
04-Nov-2010 13:41
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LONG TIME NO SEE!!! I SOLD ALL MY GENTING SP SHARES JUST NOW AT 2.25....DUNCARE MUCH, LONG WEEKEND AHEAD, PROFIT TAKING POTENTIAL TOO BIG NEXT WEEK. SO IF LATER PRICE GOES UP, I SHALL NOT FEEL WASTED....WHAT'S IMPT IS I EARNED!!! | |||||
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firewood
Master |
04-Nov-2010 13:28
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Good luck to both of us, i planning to get some next week if manage to drop to .45
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epliew
Supreme |
04-Nov-2010 13:19
Yells: "no worries be happy !" |
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what is the hints ?
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epliew
Supreme |
04-Nov-2010 13:17
Yells: "no worries be happy !" |
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same here for genting hk.... 0.535 holding 10 lots. but got back 10 lots at 0.44 breaking even at 0.47......
hope it cheong 60 % when genting sp good results is release.
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firewood
Master |
04-Nov-2010 13:09
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Lost a lot la esp early this yr (same as BT on hk mkt). Trying to recup back. Genting HK holding at .52 but normally will buy on dip and sell again on contra etc. Kenna stuck so got to hold but will keep as mentioned earlier
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epliew
Supreme |
04-Nov-2010 13:08
Yells: "no worries be happy !" |
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wow.... cheong another 6-8 times..... pharoah, you will be very rich !!!!!!!
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epliew
Supreme |
04-Nov-2010 13:05
Yells: "no worries be happy !" |
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wow u made lots of money !
what price are you holding the genting HK ? how many lots.... there is hugh single buy in genting HK today about 6,000 plus lots.
u seems to be riding on the right timing ?
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firewood
Master |
04-Nov-2010 13:03
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Me all contra. Only holding genting HK
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