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STI correction to 2,100 Whats ur take?
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teeth53
Supreme |
11-Jul-2006 18:58
Yells: "don't learn through life, learn to grow with life " |
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Tomorro another listless day, if sgx is looking at DOW, but if look at nikkei & Hang Seng plus Shanghai, not so bad, no news mean good news. |
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teeth53
Supreme |
10-Jul-2006 18:24
Yells: "don't learn through life, learn to grow with life " |
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Looking for sti to drop to 2,300 is like looking for another 150 points to drop, then must ask Bro Kim to fire more (not so zhun) Taepodong-2 intercontinental ballistic missiles, sound like "takboleh Tong" |
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teeth53
Supreme |
08-Jul-2006 10:32
Yells: "don't learn through life, learn to grow with life " |
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Coming indicator is Aug06 FOMC interest rate pending US various output data, an indication hike will be another 25 points with Ben saying some nice crafted word to say interest and inflation rate can be contain, coming another big big China bank road show in shanghai bourse.., oil px may float btw US$70/- to US$80/-. what is not so good news for US & Japan maybe good for Chin, so stock here listed in sgx will follow accordingly. |
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singaporegal
Supreme |
08-Jul-2006 09:54
Yells: "Female TA nut" |
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2100 levels..... it means that the STI have to drop 300 points, meaning about 15% drop. Which would have to mean some very very bad news! I think we are definitely not out of the bear trap yet. I think we're heading to 2300 levels in the next couple of weeks. |
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tanglinboy
Elite |
07-Jul-2006 22:09
Yells: "hello!" |
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This is what I was talking about - Jobs number scares stocks Investors were looking for a tame number to ease inflation fears, but what they got may have been too low.
NEW YORK (CNNMoney.com) -- Stocks opened lower Friday after a key jobs report may have come in too weak for comfort. The Dow Jones industrial (Charts) average and the Nasdaq (Charts) lost 0.6 percent, while the broader Standard & Poor's (Charts) 500 fell about 0.2 percent just after the opening bell. Employers added a smaller-than-expected 121,000 new workers to their payrolls last month, the Labor Department said. Economists surveyed by Briefing.com had expected 160,000 jobs to have been created in June, up from 75,000 in May. Investors hoped for a tame jobs report that might help persuade the Federal Reserve to pause its interest rate hiking campaign, as the Fed has said any future increases will depend on the most recent data. Concern that the Fed will raise rates too high, cutting off cheap capital and crippling economic growth, has weighed on markets for months. But Friday's number may have been a tad too low, raising questions of economic growth all on its own. Light, sweet crude oil rose 43 cents to $75.57 a barrel in electronic trade, after hitting a fresh record high of $75.78, and Brent futures gained 62 cents at $74.70. |
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teeth53
Supreme |
07-Jul-2006 21:37
Yells: "don't learn through life, learn to grow with life " |
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With oil px never coming down Korea Bro Kim befriending Iran with missiles and Iran returning a flavour. How to go up high high, down lah.. |
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tanglinboy
Elite |
07-Jul-2006 21:19
Yells: "hello!" |
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Possible ... I have sources that maintain the Dow will have another round of crashing due to bad market conditions. this will probably affect global markets and Singapore as well |
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teeth53
Supreme |
07-Jul-2006 20:42
Yells: "don't learn through life, learn to grow with life " |
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Maybe Bro Kim next rocket missiles Bei zhun, 1st one-in flight for 40 sec , 2nd one maybe for 80sec, hit S'pore, then maybe go down to 2,100 |
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cashiertan
Elite |
07-Jul-2006 20:30
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DBS Vickers technical analyst Keith Wong expects Singapore's key index to fall to a low of 2,100 by the end of August before bouncing back to the 2,560 level by year end, supported by strong economic fundamentals. Come Come, next discuss over this. 2,100 is not a joke. |
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