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STI to cross 3000 boosted by long-term investors
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JUNWEI9756
Supreme |
10-Oct-2011 16:23
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no need so kanchiong… must wait until everybody turn bullish.. then market can start to slowly lau sai :)
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stoheart72
Senior |
10-Oct-2011 16:12
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yup, think its because Italian Industrial Production reported better then expected result of 4.3% and French Industrial Production better then expected result of 0.5% (though reflecting weakness)
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Salute
Master |
10-Oct-2011 16:09
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1519hr yahoo shown european stock rise on S-M(the2 leader) Euro zone pact. | ||||
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Isolator
Supreme |
10-Oct-2011 16:06
Yells: "STI is hard landing to below 2000..." |
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Still got 1 hr..... STI can turn red easily..... lol | ||||
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belgeran
Veteran |
10-Oct-2011 15:57
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wow... hsi did an about turn and gained 300pts...gonna close green too.. | ||||
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belgeran
Veteran |
10-Oct-2011 15:39
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hmms... think europe will stay green for a while... ? | ||||
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Isolator
Supreme |
10-Oct-2011 15:09
Yells: "STI is hard landing to below 2000..." |
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Europe will turn from green to very red later on....so STI will..... I think... lol | ||||
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rotijai
Supreme |
10-Oct-2011 14:53
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yea.. may be i am noober than wat i thought..
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Isolator
Supreme |
10-Oct-2011 14:49
Yells: "STI is hard landing to below 2000..." |
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If you are chartist, you should very confident now.... as it is following closely to  TA...  lol
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rotijai
Supreme |
10-Oct-2011 14:32
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me n master gaecia are struggling.. and yet u guys are so confident.. @_@ | ||||
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iPunter
Supreme |
10-Oct-2011 14:30
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That's when the big boys are salivating... lol...  ![]()
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Isolator
Supreme |
10-Oct-2011 14:29
Yells: "STI is hard landing to below 2000..." |
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Respect my charts to respect the markets.... lol |
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rotijai
Supreme |
10-Oct-2011 14:25
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hehe.. it's very hard to be so bearish when the market chiong for 3-4 days.. hehe
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iPunter
Supreme |
10-Oct-2011 14:23
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Maybe he is more sensitive than many?...  
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rotijai
Supreme |
10-Oct-2011 14:21
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really respect ur confidence..
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teeth53
Supreme |
10-Oct-2011 13:42
Yells: "don't learn through life, learn to grow with life " |
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teeth53 thot: In this scary mkt. it make more sense to either do this, nationalisation of its Belgian banking division  or do a M& A, and or  able to re-cap banks. Monday Oct 10,  2011. by Philip Blenkinsop and Robert-Jan Bartunek reported from BRUSSELS.
(Reuters) - Franco-Belgian bank Dexia agreed to the nationalisation of its Belgian banking division and secured state guarantees, a rescue that could pressure other euro zone govts to strengthen their banking sectors. Belgium will pay 4 bil  euros $5.4 bil (3.4 bil pound) to buy Dexia Bank Belgium, the largely retail Belgian division, which has 6,000 staff and deposits totalling 80 billion euros from 4 million customers. Dexia also secured state guarantees of up to 90 billion euros to secure borrowing over the next 10 years. Belgium would provide 60.5% of these guarantees, France 36.5% and Luxembourg 3%. Dexia's announcement came after a board meeting that lasted some 14 hours from mid-afternoon Sunday after France, Belgium and Luxembourg had agreed a rescue plan. Extraordinary meetings at the end of the wkend had echoes of the dismantlement of financial group Fortis in October 2008 by the Netherlands, Belgium and BNP Paribas. Then, shareholders protested at the initial terms offered, and only agreed on improved terms six mths later. Finance Minister Didier Reynders said deal should not push Belgium's debt-to-GDP ratio above 100%. Dexia, which used short-term funding to finance long-term lending, found credit drying up as the euro zone debt crisis worsened. The problem was exacerbated by the bank's heavy exposure to Greece. The govts rushed to support Dexia in  becaming  d 1st bank to fall victim to the 2-yr-old euro zone debt crisis, as a credit crunch denied it access to wholesale funds and sent its shares down 42% last wk. Friday. Ratings agency Moody's  has warn Belgium, its Aa1 govt bond ratings may fall.  It country had a debt-to-GDP ratio of 96.2% last year, lower only than Greece and Italy among euro zone members and on a par with bailout recipient Ireland. Dexia has global credit risk exposure of $700 bil - more than twice Greece's GDP - and its rescue has stoked investors' anxieties about the strength of European banks in general. The govts' rescue package came as the leaders of France and Germany agreed that European banks needed to be recapitalised, but papered over differences on how that would happen. Fresh reports over the wkend, big French banks BNP Paribas and Societe Generale might agree to capital injections as part of a Euro-wider plan to boost lenders' financial strength. However...
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Isolator
Supreme |
10-Oct-2011 13:42
Yells: "STI is hard landing to below 2000..." |
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STI will be turning red soon.... lol | ||||
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belgeran
Veteran |
10-Oct-2011 13:38
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hmm~.. markets on a rally today.. ? | ||||
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tanglinboy
Elite |
10-Oct-2011 11:57
Yells: "hello!" |
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Volume so low and prices move so slow... ZZZZZZZz | ||||
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Sgshares
Elite |
10-Oct-2011 11:05
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will short again later...see price will go up or not....just to get 3 cents profit in my pocket. :)
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