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STI to cross 3000 boosted by long-term investors
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Hulumas
Supreme |
21-Dec-2010 11:30
Yells: "INVEST but not TRADE please!" |
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No problem, I order "Roti John" for breakfast still available!
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SGG_SGG
Master |
21-Dec-2010 11:11
Yells: "karma karma karma chameleon" |
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L'Oreal?
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cathylmg
Elite |
21-Dec-2010 11:10
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Yeah. Looks like time to jump on board again. Go market look see look see first.
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bishan22
Elite |
21-Dec-2010 10:34
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Looks like we can keep the shampoo aside. STI way above 3120. Good luck | ||||
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krisluke
Supreme |
21-Dec-2010 09:42
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DOWN DOWn DOwn Down down... I tip at 3050 points = 70 points... ... : )
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ahpheng
Member |
21-Dec-2010 09:24
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7 more points down in STI for Head and Shoulder to materialise. It will be exciting then. :( | ||||
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bishan22
Elite |
21-Dec-2010 08:08
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Looks like today will be another unexciting trading day. For those not working, better go shopping instead. | ||||
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SGG_SGG
Master |
21-Dec-2010 00:53
Yells: "karma karma karma chameleon" |
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Yah... how how how ????? Market crash, plain bread also no have! Eat drandruff!
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SGG_SGG
Master |
21-Dec-2010 00:51
Yells: "karma karma karma chameleon" |
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Xmas tree green and Santa red that's why Dow is Red while S&P/Nasdaq green? I dowan Santa.. I only want Xmas tree... Global warming, must go green leh...
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krisluke
Supreme |
21-Dec-2010 00:02
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Stocks are seeing modest strength in early trading on Monday, with the major averages adding to the gains that they posted last week. Trading activity remains relatively subdued, however, with some traders getting a head start on the holiday weekend. While buying interest has remained limited, the early strength in the markets lifted the tech-heavy Nasdaq to its best intraday level in almost three years. In Europe, Greece and Ireland accepted hefty aid packages from the European Union and the International Monetary Fund, while prospective issues remain in Spain and Portugal. Traders are also likely to mull over the prospects for sustaining economic growth in the 2011 after President Obama signed the extension of the Bush tax cuts for another two years. Meanwhile, geopolitical concerns regarding rising tensions on the Korean peninsula, movements in the currency markets as well as developments in the euro zone continue to be in the spotlight as the year winds to a close. there may be confusion in EQ market here and there, since cash out .... .... so wtf : ) |
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learningtheropes
Member |
20-Dec-2010 23:47
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santa is RED in color
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des_khor
Supreme |
20-Dec-2010 23:43
Yells: "Tell me who is the God or MFT from this forum??" |
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Oh no ! so scary now !! no prata liao ! only plain bread ! how ??
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rickyw
Master |
20-Dec-2010 23:36
Yells: "keep happy..." |
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I'm tired with all this...what a complex world...asia..europe..us.. santaa...where r u?
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SGG_SGG
Master |
20-Dec-2010 23:18
Yells: "karma karma karma chameleon" |
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Ohhhhhhhhhhhhhh.......... US all RED! | ||||
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enghou
Senior |
20-Dec-2010 20:18
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Technical Comment from DBS We maintain our view that the local bourse is currently in the year-end holiday lull but this should end soon with the STI resuming its rising trend around the Christmas period. We peg a range of 3125 to 3210 over the next 2 weeks and keep the 3438 potential by 1Q11 whereby the risk of a correction will also increase. On the other hand, if STI falls below 3125 from here, than there is downside risk to 3025 in the short-term. My own view: I think need to be cautious because share prices are no longer cheap and coming into 2011, there is this problem of inflation rising especially in China. I expect early 2011 stock market performance to be troubled by high inflation and the fear that central bank in China has to tighten at a faster rate. If the STI cannot hold at 3,123.85, the downside target will be at 2,926.72. Life Is Great |
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SGG_SGG
Master |
20-Dec-2010 20:18
Yells: "karma karma karma chameleon" |
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N.Korea says won't hit back at S.Korea live-fire drill Posted: 20 December 2010 1834 hrYEONPYEONG ISLAND, South Korea - South Korea staged a live-fire exercise Monday on a flashpoint island near the disputed border, but North Korea said it would not hit back despite having vowed deadly retaliation. Pyongyang's announcement eased fears of war on the peninsula, where tensions have been acute since a deadly bombardment by North Korea last month following a similar artillery drill by South Korean forces. Seoul's defence ministry said the 90-minute drill, which included some 20 US personnel, began around 2:30 pm (0530 GMT) on the tense island of Yeonpyeong. "Our armed forces are now on alert and fighter jets are on airborne alert," a ministry spokesman said. Yonhap news agency said two destroyers had also been deployed in the Yellow Sea south of the border. It said the South fired 1,500 rounds from various guns including K-9 self-propelled howitzers, 105mm howitzers and 81mm mortars, a figure that officials declined to confirm. The drill began after an emergency UN Security Council meeting failed to agree a statement on the crisis. But in an apparent sign of compromise with its critics, the North agreed with US troubleshooter Bill Richardson to allow the return of UN atomic inspectors, CNN reported. Hours later its military supreme command said it "did not feel any need to retaliate against every despicable military provocation". "The world should properly know who is the true champion of peace and who is the real provocateur of a war," it said in a statement on the official news agency KCNA, blasting the "puppet warmongers" in Seoul. The language was in marked contrast to last week, when North Korea threatened a new attack that would be "deadlier... in terms of the powerfulness and sphere of the strike". North Korea used a November 23 live-fire exercise by South Korean marines on Yeonpyeong to justify a bombardment of the island that killed four people. "The military must take every possible step to cope with possible provocations by North Korea," the South's Defence Minister Kim Kwan-Jin said earlier Monday. President Lee Myung-Bak ordered all government officials on emergency standby, as close ally the United States stood by Seoul's right to self-defence. The North disputes the Yellow Sea border drawn by United Nations forces after the 1950-53 Korean War. It claims the waters around Yeonpyeong, where shells land after the South's firing exercises, as its own. No reason was immediately apparent for its change of heart. But CNN correspondent Wolf Blitzer, who is travelling with Richardson in Pyongyang, said there were signs of deal-making in nuclear matters. North Korea had agreed with the New Mexico governor, a former UN ambassador, to let inspectors from the UN's International Atomic Energy Agency return to its Yongbyon nuclear complex, Blitzer said. It had also agreed to allow 12,000 nuclear fuel rods to be shipped to an outside country, and to the creation of a military commission and hotline between the two Koreas and the United States, Blitzer said. Apart from its longstanding plutonium operation, the North's disclosure last month of a new uranium enrichment plant sparked fears of a potential new source of bomb-making material. Richardson, a veteran negotiator with the North, was due to brief reporters in Beijing Tuesday morning after his flight on Monday was delayed by bad weather. At the UN, China fended off Western demands that its ally North Korea be publicly condemned for last month's artillery assault, diplomats said. They said it even rejected a proposed statement that did not mention North Korea or the name of Yeonpyeong. China, in commenting on the South's drill, called instead for maximum restraint. "No one has any right to preach or promote conflict or war, and no one has any right to cause bloodshed between the peoples in the north and south of the peninsula," Vice Foreign Minister Cui Tiankai told reporters. Seoul, which was outraged last month by the first shelling of civilian areas since the war, rejected criticism. "As a sovereign nation, it is our just right to stage a military exercise for the defence of our territory... nobody can intervene," President Lee said. Seoul said its exercise was a routine defensive drill, with guns pointed away from the North and shells landing 10 kilometres (six miles) south of the maritime border in place for six decades. |
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rickyw
Master |
20-Dec-2010 15:37
Yells: "keep happy..." |
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I'm not advise to buy some more in this stage..since this is critical point...keep ur ammo when market really correction..
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SGG_SGG
Master |
20-Dec-2010 15:35
Yells: "karma karma karma chameleon" |
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Finding Nemo! hehehehee...
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rickyw
Master |
20-Dec-2010 15:34
Yells: "keep happy..." |
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LONDON, Dec 20 (Reuters) - The European Central Bank has expressed "serious concerns" that Ireland's bailout package could affect the institution's liquidity operations in the euro zone. In a position paper published on its website, the ECB also said legal flaws in Ireland's bailout legislation could affect its rights over collateral security. The paper was dated Dec. 17 but it was not clear when it was published on the ECB site. "The ECB has serious concerns that the draft law is insufficiently legally certain on a number of critical issues for the Eurosystem," it said in an opinion on draft Irish legislation to implement an 85-billion-euro bailout agreed with the European Union and the International Monetary Fund. The issues include "the scope of collateral rights of central banks given as security against ELA (emergency liquidity assistance)," as well the rights of the ECB and possibly other central banks in the eurozone. Ireland's parliament approved the bailout package on Wednesday after a banking sector crisis drove the economy into the ground and sent ripples across the wider euro zone. The ECB said the draft law should not affect the central bank or the ECB's ability to "enforce their rights including, without limitation, the enforcement of security over any eligible collateral posted by any relevant institution." Irish sovereign debt was downgraded by five notches by Moody's on Friday in a move likely to put extra pressure on the country's already battered commercial banks. The ECB set up a temporary 10 billion pound ($15.6 billion) swap arrangement with the Bank of England on Friday, in a fresh bid to limit the problems facing the Irish banking system. The ECB said its decision to set up a swap agreement with the Bank of England would allow the Irish central bank to provide liquidity in sterling to Irish banks in addition to euros and dollars as is now the case. Irish-based banks currently account for around a quarter of all ECB funding due to the fact that other banks refuse to lend to them. (Reporting by Karolina Tagaris and Paul Carrel; Editing by Jon Boyle) Keywords: EUROZONE ECB/IRELAND (karolina.tagaris@thomsonreuters.com; +44 207 542 4878) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. |
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bishan22
Elite |
20-Dec-2010 15:25
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STI 3129. Everyone pull the rope tight tight. | ||||
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