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STI to cross 3000 boosted by long-term investors
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Isolator
Supreme |
04-Oct-2011 10:15
Yells: "STI is hard landing to below 2000..." |
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For me, I am purely a TA trader.... As I only believe what I analyst from the chart than anyone... I only trust my charts.... lol
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louis001
Master |
04-Oct-2011 09:53
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“It’s such a difficult situation for the markets here,”  Chris Rupkey, chief financial economist at Bank of Tokyo- Mitsubishi UFJ in New York,   “People are primed for bad news. They’re quick to believe the worst.”   “Investment banks are largely black-box businesses, so in a world where risk is a dirty word, they are going to be punished in the capital markets,”  Joel Levington, a managing director of corporate credit at Brookfield Investment Management Inc. in New York. |
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iPunter
Supreme |
04-Oct-2011 08:16
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A trend is a trend... which must be respected...     Big boys or small boys, as long as they respect the           market trend, they will not be whacked hard by the market.                   A major trend once started is not easy to reverse... ![]()
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tanglinboy
Elite |
04-Oct-2011 07:19
Yells: "hello!" |
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Shorting time today... get out now!! | ||||
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JUNWEI9756
Supreme |
04-Oct-2011 04:14
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THen when do you think can long ? Ah dow drop another 260 pts… S&P hits 52 months low… AMR talks about bankruptcy… JIA LAT !!!! CAN EAT SALTED EGG LIAO !! LOL.
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xing78
Elite |
04-Oct-2011 01:53
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When you PM me? I already replied last night for giving my views on Noble, and I say dun't go long on this counter on Monday mah. Commodities play will be the first sector to have an impact during markets big up or down days. Why you want to be the commando (first one to die) ?  LOL 
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xing78
Elite |
04-Oct-2011 01:49
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A mixture of both. TA when looking at charts for swing trades using Cash money. FA to spot the counters that Fund Managers finds cheap and to accumulate for long term using CPF money. :p 
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Isolator
Supreme |
04-Oct-2011 01:34
Yells: "STI is hard landing to below 2000..." |
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Just curious... Are you a TA or FA traders?
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JUNWEI9756
Supreme |
04-Oct-2011 01:34
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This price level can be a juicy peak……. On the other hand, it can also be the market bottom. Who knows. Just that most people believe there are so much more downside ahead :P | ||||
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JUNWEI9756
Supreme |
04-Oct-2011 01:32
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Bro u no reply my PM leh !!!!!!!!! LOL cheers.
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Isolator
Supreme |
04-Oct-2011 01:31
Yells: "STI is hard landing to below 2000..." |
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I am sure tonight is not a good night for those who long.... I am going to have a good sleep now....  Peace and relax sleep as usual.... lol.... Gd night... lol |
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xing78
Elite |
04-Oct-2011 01:31
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I agree that most counters will dived and reach historical low if a market crash plays out , could be this year or next year (nobody knows exactly).
I try to spot counters which have good values (more than 40% discount against NAV) and with strong BBs / Fund Managers as major stake-holders when going long in this uncertain times.
At least, they will drop at a slower rate against other counters which are over-priced.
My view is not to long any counter that is priced above it's NAV during this volatile period.
It will be very difficult to buy right at the bottom, so I am just trying to fish out some of these counters with good price against NAV and put them inside my watch-list should there be a short term bottom occurring at end of October.
Of course NAV can also be moving down together with the price during market crash.
:p
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JUNWEI9756
Supreme |
04-Oct-2011 01:28
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But i think that its gonna be longgggg time before we get to see a whole day green STI :P | ||||
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JUNWEI9756
Supreme |
04-Oct-2011 01:25
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Dont worry… Market will not crash.. Market will only slump.. Bull will go into Coma… Thats it.. LOL. :P
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Isolator
Supreme |
04-Oct-2011 01:21
Yells: "STI is hard landing to below 2000..." |
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Once it hit below 10597.... the Dow will crash down..... it is getting nearer........ hmmm..... | ||||
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Isolator
Supreme |
04-Oct-2011 01:17
Yells: "STI is hard landing to below 2000..." |
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Never trade against main trend.....  Only can short on rebound.... If tonight Dow really drop -500pt, then I am sure the markets will crash..... | ||||
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JUNWEI9756
Supreme |
04-Oct-2011 01:08
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tmr cannot long for short rebound huh ? :P
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Isolator
Supreme |
04-Oct-2011 01:03
Yells: "STI is hard landing to below 2000..." |
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Will we see a -500pt tonight? It is happening..... going to break down below 10K.... Anyway, taking my profit for dow now.... lol | ||||
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JUNWEI9756
Supreme |
04-Oct-2011 00:55
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Dow getting more and more red… Hmm.. Can buy tmr for a short rebound ? lol :P | ||||
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JUNWEI9756
Supreme |
04-Oct-2011 00:17
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wa…so wads ur target for STI by end of year ??
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