Straits Times Index   

STI to cross 3000 boosted by long-term investors

Are we going to end up losing whatever we have gain yesterday?

 

Talking about eating grass ("jia chao"), to this day, I still marvel at the creation of cattle which gives us succulent meaty red beef though they eat nothing else but only grass!

Creation with DNA is marvellous! Nothing is impossible with DNA...  

 

below 2900 leow, eat grass loh.

 

i love dead cat bounce... yesterday's gains all given back..muahahahhahahahah

 

JGMO{for  shares} Just get me out

Keep cash and gold

 

1.8 l Wish, and grade 95. (Near dry tank!)

 

wa wad u drive?

Fairygal      ( Date: 08-Jul-2008 08:48) Posted: This crude oil , price goes down a bit, then edge up much higher than the decline. Always like this!  Just went to the pump this morning, $105 for full tank. Sigh, good times are over.

 

Wee Cho Yaw reported in today newspaper the subprime ain't over yet.. more crap to come..

so no bottom yet.. furthermore its Q2 announcement time.. expect more volatility..but more to the down side..

Nikkei down 1%..

i'm still bearish...don't be fooled by the markets..

 

This crude oil , price goes down a bit, then edge up much higher than the decline. Always like this!  Just went to the pump this morning, $105 for full tank. Sigh, good times are over.

 

I agree with you...

At this time, it is safer to start to bet selectively on  quality stocks (read fundamentals) for long-term investment.

Buy good some good stocks when the market is low, not when the market is high. When the market is high, one should sell even the best quality stocks.

 

Dead cat bounce in progress.


Be very cautious.

 

shud b the case....oil px down 3.60/barrel, usd up against major currencies, europe markets all up, m & a in usa  n  microsoft with yahoo in the pipeline.

 

Looks like Dow will close bright green tonight. SSE, Nikkei, HSI, STI, DAX, CAC, FTSE 100 all closed green and majority formed uptrend. Looking good.

 

Merrill Lynch & Co. added 29 cents to $31.41. The third- largest U.S. securities firm may sell part of its stake in New York-based money manager BlackRock Inc. and save more than $1 billion by cutting its dividend, Citigroup Inc. analyst Prashant Bhatia, who has a ``buy'' rating on the stock, wrote in a note to clients. Merrill may also sell its 20 percent passive stake in Bloomberg LP, parent of Bloomberg News, to a blind trust run by Michael Bloomberg, the New York Post reported July 4, citing unidentified people.

I guess this is why investors must always take what they read with a pinch of salt. 

 

missed the boat again??? if so, then greed is the reason again...tot sti can hit 2800. 

 

how long can this rebound last ??? or it is a "bear trap"  ???? becareful.... you'll never know when the oil px will shoot up again... trade with care.. good luck

 

Local market volume still low today.

 

yea CWQuah. when everyone starts wanting puts, that's the time to start going long. DJIA likely to be positive tonight: UJ up, EU down. Gold down, oil down.

 

Do note - gainers/losers ratio, for the first time in dunno how many weeks... is 354/200 as of now.

If it was something like, 200/190 i'd be prepared to say the rally might be a fake. But a broad-based gain is not something I'd trifle with, especially with Nikkei, SSE, HSI all closing near their respective highs.

As Elf puts it well - its a bit dangerous to go fully on puts now. In fact, the more bearishness I see on the forums etc, the odds of a rebound are higher. How big the rebound will be no one knows. Remain nimble.

 

 

show time grand finale is now being triggered. profit taking is on loh. if u r not greedy, follow the crowd. cheers.

will Q B SPC last 30 sec, using 2 cts rule, he he.