Straits Times Index   

STI to cross 3000 boosted by long-term investors

indeed.. expect the unexpected. thanks :)

 

expect the unexpected in such a crazy market

novicex      ( Date: 18-Jun-2008 07:26) Posted: what's going to happen to the market today now that US was down yesterday?

 

School Holidays coming to an end this week... investors/BB will be coming back soon... STI volume will go up ...  and hopefully STI will followed as well.

 

what's going to happen to the market today now that US was down yesterday?

 

Elfin... :)

"...And before anyone asks, yes, i'm interested in such esoteric stuff, but i'm a free thinker.  ..."

Dr. Paul Bruntons's works are veritable gems of esoteria... they are a delight to the serious seeker...

 

Wah..using fengshui to predict stocks... like dat oso can ah? "Generally, the stock market belongs to the Fire element. A year of Water will bring about a 'cooling' effect. To cool down the Fire years of '06 and '07" ... quite "jun" oso... haha..

Maybe someone can create another TA indicator using fengshui and the parameters are the five elements...

elfinchilde      ( Date: 18-Jun-2008 00:05) Posted: hey blastoff: yea, some i'm eyeing but it's not yet time to buy. why don't you say what you're interested in instead. there are too many stocks on the market otherwise. you do seem to be interested in capitaland tho. for that counter i would look for 5.5 min as first entry. preferably below 5.3. price targets are fluid though: it all depends on the trend. what's cheap today can seem expensive tomorrow, and vice versa. :) For those into feng shui: using the Five Elements: year of the earth rat, earth, foundation on water (rat belongs to the strongest water element). yang earth above, ying water below: A floating world of instability. what's of value goes underground. so the stocks to do with earth, and born of earth (ie, metal) will do well. ie, gold. agriculture. Destructive cycle: since it is a year of water and earth: earth destroys water, water destroys fire. So stocks of the fire and water industries will not do so well. ie, shipping, communications, (Water), finance, airline, entertainment (Fire).  Generally, the stock market belongs to the Fire element. A year of Water will bring about a 'cooling' effect. To cool down the Fire years of '06 and '07. And before anyone asks, yes, i'm interested in such esoteric stuff, but i'm a free thinker.

 

ayoh, brain blank off leow, at this moment. but still  can see ball rolling at the pitch in EU last few matches early this morning.

 

hey blastoff: yea, some i'm eyeing but it's not yet time to buy. why don't you say what you're interested in instead. there are too many stocks on the market otherwise.

you do seem to be interested in capitaland tho. for that counter i would look for 5.5 min as first entry. preferably below 5.3. price targets are fluid though: it all depends on the trend. what's cheap today can seem expensive tomorrow, and vice versa. :)

For those into feng shui:

using the Five Elements: year of the earth rat, earth, foundation on water (rat belongs to the strongest water element). yang earth above, ying water below: A floating world of instability. what's of value goes underground. so the stocks to do with earth, and born of earth (ie, metal) will do well. ie, gold. agriculture.

Destructive cycle: since it is a year of water and earth: earth destroys water, water destroys fire. So stocks of the fire and water industries will not do so well. ie, shipping, communications, (Water), finance, airline, entertainment (Fire). 

Generally, the stock market belongs to the Fire element. A year of Water will bring about a 'cooling' effect. To cool down the Fire years of '06 and '07.

And before anyone asks, yes, i'm interested in such esoteric stuff, but i'm a free thinker.  

 

ah yoh, they are gossiping, how can let you know the lobang. they could further encrypt their conversation by talking in hainanese, teochew, hockchew and kek dialacts as well. you heng already.

AK don't believe in geomercy, but there is one basic in it. ie fengshui must takes turn to turn or change. simply whatever thing to go up it must go down(Newton Law proven). Whatever thing goes in strength, it will weaken in time(proven in proverb, wealth will not cross 3 generation). the other subsets of the theory are more or less are the expension fr the basic theory leow.

ha ha, one point, don't sleep with your head facing N. don't sleep with your head facing W when someone is seriouly illed. he he. 

 

 

they started off their conversation in mandarin but as they progress into their fengshui stocks...they talk in cantonese le..i dun understand cantonese..hahah` 

anyone on SJ still remember wad those fengshui masters talk about the stock markets or particular industries to vest in or stay out? its just for fun la...nth to be taken too seriously...as i remembered for last year i read the newspapers, they were tabulating the 'scores' of various fengshui masters and their predictions...the accuracy wasn't as high as if u were to use technical charts or fundamentals 

cathylmg      ( Date: 17-Jun-2008 15:33) Posted: Pls share with us somemore;) cyjjerry85      ( Date: 17-Jun-2008 15:28) Posted: i was taking my lunch at a fastfood chain just now when i overheard two office guys (in their 50s) sitting at the table next to me...they were talking about certain stocks and their industry...many of us on SJ talk mainly on market sentiments, macro, technical charts and fundamentals...but i heard these two guys talking of a more interesting way in picking their stocks...using fengshui...remember how some fengshui masters predict the markets and also the sector to go into during the Chi New Year period? i wonder if anyone still recall their predictions....hehe~

 

Pls share with us somemore;)

cyjjerry85      ( Date: 17-Jun-2008 15:28) Posted: i was taking my lunch at a fastfood chain just now when i overheard two office guys (in their 50s) sitting at the table next to me...they were talking about certain stocks and their industry...many of us on SJ talk mainly on market sentiments, macro, technical charts and fundamentals...but i heard these two guys talking of a more interesting way in picking their stocks...using fengshui...remember how some fengshui masters predict the markets and also the sector to go into during the Chi New Year period? i wonder if anyone still recall their predictions....hehe~

 

i was taking my lunch at a fastfood chain just now when i overheard two office guys (in their 50s) sitting at the table next to me...they were talking about certain stocks and their industry...many of us on SJ talk mainly on market sentiments, macro, technical charts and fundamentals...but i heard these two guys talking of a more interesting way in picking their stocks...using fengshui...remember how some fengshui masters predict the markets and also the sector to go into during the Chi New Year period? i wonder if anyone still recall their predictions....hehe~

 

ok. So is there any stocks you think worth buying, not taking into the time frame?

 

haha. eh, short term for some ppl is 5 days, for others it is 3 mths. you'll havta state specifically.

and note that the shorter the term, the lesser the realistic profit target. you'll havta go for the highly volatile counters then. very risky.

 

Short term. At least 20% profit...

 

ah. Blastoff. the appropriate response: what is your time frame of play and target profit?

How long are you willing to hold?

 

Which counters would you recommend?

elfinchilde      ( Date: 17-Jun-2008 14:45) Posted: aiyah. actually, it's simple. If you're looking to buy for mid to long term: not yet. most of the blues are actually just beginning their downtrend. while the pennies have never quite recovered from Aug 17 last year. Note that generally, the highs of Mar-May have never matched the Oct highs. While some of the counters have broken below the Aug 17 low. It's a mixed market though, which is why, pick your counters well.

 

aiyah. actually, it's simple. If you're looking to buy for mid to long term: not yet.

most of the blues are actually just beginning their downtrend. while the pennies have never quite recovered from Aug 17 last year. Note that generally, the highs of Mar-May have never matched the Oct highs. While some of the counters have broken below the Aug 17 low.

It's a mixed market though, which is why, pick your counters well.

 

More precisely, it is how they affect the DJIA, which in turn affects sentiment on STI. So it's not US news -->STI. It's US news-->DJIA--> STI.

The in between is important, because there is dilution of influence: ie, we may or may not follow the DJIA, as we're also affected by HSI and SCI.

Of the list tonight, the more important ones is Housing Starts and PPI m/m.

Housing Starts measures the annualized number of new residential buildings that began construction during the previous month. The previous measurement was 1.03mil, and the forecast is 0.99 mil. So if all are in line with forecasts, the DJIA will not be affected. Where there's shock movement up/down is when the number deviates a lot from the forecast. So if actual starts (check at 830 pm tonight) are much less, say 0.5mil, then you can expect the DJIA to react negatively and go down. (ie, proportional relationship).

PPI is the Producer Price Index. Closely related to the CPI--Consumer Price Index. If actual > forecast, DJIA will go up. actual < forecast, DJIA goes down. Note that they are forecasting for a rise of 1% cf to previous released data of 0.2% rise. Given that the released CPI was in line with expectations, i don't think this will deviate by a lot: so the data to watch tonight is the housing starts.

For the rest of the week,, global news release (times stated are s'pore times):

go to http://www.forexfactory.com/calendar.php

----------------

Wed Jun 18	7:50am	JPY		Monetary Policy Meeting Minutes
	8:30am	AUD		WMI Leading Index m/m				0.2%
	4:30pm	GBP		MPC Meeting Minutes				8-1 hld
	5:00pm	CHF		ZEW Expectations			-60.8	-60.4
	6:00pm	GBP		CBI Industrial Trends Orders				-10
	8:30pm	CAD		Leading Indicators m/m			0.2%	0.1%
	10:35pm	USD		Crude Oil Inventories				-4.6M
Thu Jun 19	2:30am	GBP		BOE Governor King Speaks
	7:50am	JPY		All Industries Activity Index m/m			0.3%	0.5%
	9:30am	AUD		RBA Bulletin
	2:15pm	CHF		Trade Balance			1.58B	1.53B
	Tentative	JPY		BOJ Governor Shirakawa Speaks
	3:30pm	CHF		Libor Rate			2.75%	2.75%
	4:00pm	CHF		Monetary Policy Assessment
	4:00pm	EUR		Italian Unemployment Rate			6.0%	6.1%
	4:30pm	GBP		Retail Sales m/m			-0.1%	-0.2%
	4:30pm	GBP		M4 Money Supply m/m			0.5%	0.6%
	4:30pm	GBP		Public Sector Net Borrowing			9.0B	-0.5B
	7:00pm	CAD		Core CPI m/m			0.3%	0.3%
	7:00pm	CAD		CPI m/m			0.6%	0.8%
	8:30pm	CAD		Wholesale Sales m/m			0.8%	0.6%
	8:30pm	USD		Unemployment Claims			375K	384K
	10:00pm	USD		Philadelphia Fed Manufacturing Index			-10.0	-15.6
	10:00pm	USD		Leading Index m/m			0.0%	0.1%
	10:35pm	USD		Natural Gas Storage				80B
Fri Jun 20	2:30am	USD		FOMC Member Kohn Speaks
	3:00am	GBP		MPC Member Gieve Speaks
	6:45am	NZD		Visitor Arrivals m/m				-11.8%
	10:45am	CAD		BOC Governor Carney Speaks
	2:00pm	EUR		German PPI m/m			0.9%	1.1%
	3:15pm	CHF		PPI m/m			0.9%	0.7%
	8:30pm	CAD		Core Retail Sales m/m			0.5%	0.0%
	8:30pm	CAD		Retail Sales m/m			0.6%	0.1%
Sat Jun 21	12:45am	EUR		ECB President Trichet Speaks

 

You can find out what Housing Starts and Producer Price Index mean at bloomberg.com where US economic calendar is shown