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STI to cross 3000 boosted by long-term investors
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billywows
Elite |
02-Mar-2007 09:46
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Shanghai index is up 0.3% .... Shiok! |
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chinkiasu
Master |
02-Mar-2007 09:41
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i think time for FA play... |
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tanglinboy
Elite |
02-Mar-2007 09:25
Yells: "hello!" |
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Another crash today!!! CRAP!! |
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trymyluck
Senior |
02-Mar-2007 05:46
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i think the market may be a bit dull for next month or so and may probably go down due to no big activity from overseas funds who were main driver into property stocks. SGX will only pick up if local funds and local retail investors begin to buy. the main reason behind the global sell-down is likely the fact that Bank of Japan increased interest rate last week catching lots of the big hedge fund guys who used to borrow cheap Japanese yen by surprise. so to short cover their forex losses they are selling out their profits in shares just my 2 cents contribution. |
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novena_33
Veteran |
02-Mar-2007 05:21
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agreed with with singaporegal say... |
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maxsyn
Veteran |
02-Mar-2007 00:32
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future positive now, +7, can stay long? |
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billywows
Elite |
02-Mar-2007 00:26
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US market playing see-saw now ... Think should close slightly RED or FLAT tonite. Better still a late RALLY!!!! The other indiction for STI is Shanghai market when it opens ..... |
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maxsyn
Veteran |
02-Mar-2007 00:24
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most likely will continue the trend from here... DOW future -7 HSI future positve NK future now stay above 17200 |
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spurs88
Senior |
02-Mar-2007 00:18
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Good US manufacturing data.........'The Institute for Supply Management's index of manufacturing activity came in at 52.3, stronger than the 50.0 reading analysts expected. The index is an important measure of a part of the economy that has given investors headaches in recent months. Manufacturing has struggled and at times given off signals that a recession might be in the offing. A reading at 50 and above indicates expansion, while anything below 50 signals contraction......' showed that there is no danger of recession. NO REASON TO PANIC! |
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maxsyn
Veteran |
02-Mar-2007 00:17
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primarily still in bull trend, no sign of bearish yet |
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iPunter
Supreme |
01-Mar-2007 23:47
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Beware of the coming Full Moon (newmoon's ealier warning)... It may affect people's behaviour, and thus may cause some sort of havoc, which may thus in turn affect stocks. A 3-day's correction? Any possibility of a longer one? |
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maxsyn
Veteran |
01-Mar-2007 23:40
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already 3 days with sharp correction, should be stable soon before continue from where it was |
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victor_lee
Member |
01-Mar-2007 23:02
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Global market very similar to last year May sell down after BOJ increased interest rate to 0.25%. Expect STI to have 10~14% correction from it's peak (~ 3232) before picking up again. |
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iPunter
Supreme |
01-Mar-2007 22:37
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thanks rickytan... :) The simple reason I am a short-term investor is that I am a strictly technician (ie. chartist). Also, I think so-called 'long-term investing' is fraught with greater risks than commonly realised. |
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rickytan
Veteran |
01-Mar-2007 22:26
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I think I am also more short term than long term. I will usually sell & take profit when I make 10 to 20%. Still new and learning. Thank you for your sharing as I enjoy reading your posts :) |
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billywows
Elite |
01-Mar-2007 22:16
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US market gonna dip huge tonite .... Europe market all in red by more than 1%! *Shit!!! |
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iPunter
Supreme |
01-Mar-2007 21:54
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Strictly speaking, I am an investor. But the difference is, long-term investing is just not my cup of tea. You can say I am a short-term investor. .. :) |
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rickytan
Veteran |
01-Mar-2007 21:40
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Hi ipunter, I think you are probably the one of the few forumers here who is not really effected by the market selldown these 2 days - since you dont hold on to stocks.... :) |
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iPunter
Supreme |
01-Mar-2007 21:39
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Today, much action falls on many stocks getting their down gaps covered. (much downward gapping ocurred yesterday). |
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spurs88
Senior |
01-Mar-2007 21:23
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No worry. If get cheaper can buy some more. I am sure these are counters with good fundamentals. No reason for such ridiculous price, looking at their full year results. Luckily did not buy last week. |
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