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cheongwee
Elite

07-Sep-2007 01:28

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idesa168...no worry...i am easy even if u means it,,,i can take punches and kick..in fact it is sometimes good for us to make us ponder,..

Gold have shoot up 3.5% fr 673...2 days ago to 697...i believe CB are buyer this time around..and i think it is going to surpass all time high soon..ie 850..

Yes...u can buy the strreetrack gold if u want to ..to learn more go to this site..

http://www.kitco.com/index.html

This site link to many good related site...trust me ..i may not be so sure of stock but of gold i am at least 80% sure..buy some physical..is good...just in case US do really go into a long recession or depression come next year..

Personnally, i would sugest sell into strength..i do not think it is so simple...if there is a real bull we can alaway join back later...maybe say ends of Oct..when thing is more certain

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synnexo
Veteran

07-Sep-2007 00:29

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Stocks Gain After Jobless Claims Drop, Strong August Retail Sales

NEW YORK (AP) -- Stocks gained strength Thursday as investors, trying to gauge whether the economy is holding up in the face of a weakening housing market, digested mixed data ahead of Friday's jobs report.

......

The credit markets continue to be tight. The New York Fed, which carries out the central bank's market operation, injected a total of $31.25 billion through three repurchase agreements Thursday -- the largest amount the Fed has injected in weeks -- to help keep the markets liquid. The Fed also reported that about 3 percent of asset-backed commercial paper, a type of bond companies sell for quick cash, was unable to be rolled over in the week ended Wednesday.

Still, the job market, the service sector and August retail sales look good. Last week, for the first time in seven weeks, claims for unemployment benefits dropped, the Labor Department said. It also reported that worker productivity jumped to an annual growth rate of 2.6 percent in the April to June quarter, much better than expected.

The snapshots boded well for Friday's August employment report, the economic reading that investors are considering the most important this week.

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louis_leecs
Elite

07-Sep-2007 00:22

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Yells: "half cash"

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THANK YOU SUPPORT YONGNAM AT 37CTS,AT LEAST IM MORE CONFIDENT BUY ABOVE 44CTS TOMORROW,,,,,,,,BEC MY FRIEND WANNA BUY 39.5CTS,,,,,,JP MORGAN WANNA BUY AT 41-425CTS AND U 37CTS,,,,,,BIG B FROM GEYLANG GANG BUY UP 36-39 AND 41-44CTS.... SO MANY SUPPORTOR AT BELOW 44CTS,,,,,,THAN I WILL LOOK FORWARD DUN LOOK BACK....495CTS AKANG DATANG

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idesa168
Elite

07-Sep-2007 00:00

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I still insist on YongNam at 37 cents. Sorry!

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louis_leecs
Elite

06-Sep-2007 23:51

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LOOK LIKE FED RESERVE GOING TO TAKE ACTION,,,,,,,,,DOW SHOCK UP,,,,,,,,,,TOMORROW BUY MORE FROM YONGNAM,,,,,,,,FOLLOW JP MORGAN SURE WIN,,,,,,,,ANYTIME CAN CHIONG UP 6CTS TO 495CTS..........CIMB GOING TO ANN BUY CALL,,,,

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idesa168
Elite

06-Sep-2007 23:50

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Cheongwee, I am sorry I accidentally gave you a bad post.

Why do you stress that buying GOLD is a good option now. When I looked at the chart of the Gold stock in STI, it reflects in the oversold zone, and all signs showing a down trend. If I am not wrong, it's trading at US$67.00 range. BTW, is that counter similar the same as buying Gold?

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cheongwee
Elite

06-Sep-2007 23:43

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Buy gold..it is still dirt cheap...for gold to equal previous high of $850...in today dollars...it is $2600...according to analyst...buy now....gold $2600.....2009

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idesa168
Elite

06-Sep-2007 23:33

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Kilroy, since when you become "chng kay" selling PUT option. For the mkt had already factored that the FED willrate cut in Sept. Now if they are not cutting, I am sure the mkt will come tumbling down once again. I think by the you will lost your pants to me selling PUT...lol!

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KiLrOy
Master

06-Sep-2007 23:10

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Yells: "I buy only what I can see."

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Stocks Little Changed As Strong Economy Dims Rate-Cut Hopes - http://www.cnbc.com/id/20619535

Tmr is the last set of data for the week starting 20:30H

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KiLrOy
Master

06-Sep-2007 22:51

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Yells: "I buy only what I can see."

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Then you better buy a PUT option from me. Sorry.. talking nonsense again...

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idesa168
Elite

06-Sep-2007 22:41

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Shorting is the SHORT CUT to bankruptcy....Yes, I am very worried of my 5 lots...lol!!!

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ttisrich
Member

06-Sep-2007 22:31

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idesa168
try to short using CFD (Contract for Difference). There are a few institutions that allows people to "long" or "short" CFDs. The CFDs track the mother share. If the mother share goes up by 1 cts, you make 1 cts. Also, long or short CFDs, you can use leverage. But be mindful. You can lose alot or you can make a lot.

I think it is much easier shorting CFDs than shorting on SGX where you will have to borrow from SGX in order to short. A lot of hassle.

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tiandi
Senior

06-Sep-2007 22:28

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if one predicts DOW sure go down, just buy DOG share, DOG share move inversely with respect to DJI

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KiLrOy
Master

06-Sep-2007 22:26

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Yells: "I buy only what I can see."

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Worried for your ' 5 lots ' ? Smiley

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idesa168
Elite

06-Sep-2007 22:24

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Some are saying China is going to crash soon. When Dow crashed, STI lost over 600 points, in 5 days. Now when China crash, we have skid another 600 over points. So we will be trading 2400 points in year end, as what OHL had mentioned. Die lah like this.... if mkt volatide, we still can make a little kopi$$. But if mkt so straight down south, how to make $$. I dun know how to short lei.

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KiLrOy
Master

06-Sep-2007 21:05

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ECB's Trichet: To pay great attention to financial market developments

ECB's Trichet: Given the high level of uncertainty additional information is needed

ECB's Trichet: Real GDP growth projection revised slightly downwards; sees growth of 2.2%-2.8% in 2007

ECB's Trichet: Financial market volatility has led to high level of uncertainty

ECB's Trichet: monetary policy stance is still on the accommodative side

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tanglinboy
Elite

06-Sep-2007 20:58

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Stocks set for setback

Lower open seen after Chinese central bank raises reserve rates; strong sales from Wal-Mart can't overcome.

September 6 2007: 8:44 AM EDT

NEW YORK (CNNMoney.com) -- U.S. stocks are set to open lower Thursday, with futures turning around after China tightened the amount of capital available in the country.

At 8:43 a.m. ET, Nasdaq and S&P futures were lower, reversing gains from earlier in the morning.

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cheongwee
Elite

06-Sep-2007 16:11

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Buy gold now,before it rocket...the US dollar is toast for sure...now read this..

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/09/05/bcnchina105.xml

"We won't know if China is behind this until the Treasury releases its TIC data in November, but what it does show is that world central banks are in a hurry to get out of the US. They don't seem to be switching into other currencies, so it is possible they are moving into gold instead. Gold is now gaining momentum across all currencies and has broken through resistance at 500 euros," he said.

Remember,when gold rocket $1000..remember cheongwee did make a call to buy..dont regret later.

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Pinnacle
Master

06-Sep-2007 10:29

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U.S. stocks fell after reports showed the housing slump was deepening and spreading to the job market while slowing consumer spending.

Investor concerns about the health of the U.S. consumer were exacerbated when Costco Wholesale Corp reported sales for August that fell short of expectations and Apple Inc announced big price cuts on its new iPhones in an effort to spur sales. Retail and technology shares fell broadly, with the Nasdaq snapping a four-session winning streak.

The Dow Jones industrial average was down 143.39 points, or 1.07%, at 13,305.47. The Standard & Poor's 500 Index was down 17.13 points, or 1.15%, at 1,472.29. The Nasdaq Composite Index was down 24.29 points, or 0.92%, at 2,605.95.

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mirage
Veteran

06-Sep-2007 08:36

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QUOTES:

Market Overview

Market Summary USAAMERICASEUROPEASIACURRENCIES

Major Market Indexes
Industry Indexes
International Indexes
Sector Performance
Rates

DJIA	13,305.47	-143.39	-1.07%

Nasdaq	2,605.95	-24.29	-0.92%

S&P 500	1,472.29	-17.13	-1.15%

Dow Util	488.14	-5.73	-1.16%

NYSE	9,583.17	-115.51	-1.19%

AMEX	2,250.34	-16.79	-0.74%

Russell 2000	790.46	-10.23	-1.28%

Semcond	502.14	-6.25	-1.23%

Gold future	690.70	-0.80	-0.12%

30-Year Bond	4.78%	-0.06	-1.22%

10-Year Bond	4.47%	-0.09	-1.86%

Market Diaries

Issues:	NYSE	Nasdaq

Advancing	926	988

Declining	2,405	1,990

Unchanged	64	119

Total:	3,395	3,097

Issues at:

52-Week High	22	21

52-Week Low	17	33

Volume:

Advancing	265,668,000	563,390,000

Declining	1,124,145,000	1,358,159,000

Unchanged	2,812,000	35,327,000

Total:	1,392,625,000	1,956,876,000

9/5/2007 7:59:00 PM

Market Screener NYSENASDAQAMEXOTC

Most Active by Volume on 9/5/2007
Symbol	Last	Change	Volume

IWM	79.15	-0.740	67.15M

HD	36.51	+0.150	45.15M

PFE	24.71	-0.370	40.55M

GE	38.75	-0.290	37.53M

C	46.00	-1.210	35.25M

WMT	42.45	-0.850	30.79M

EMC	19.44	-0.410	30.75M

TWX	19.00	-0.250	30.64M

BAC	49.95	-0.490	27.36M

CFC	18.81	-1.000	26.39M

Add symbols to My Portfolio		More...

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