Straits Times Index   

STI to cross 3000 boosted by long-term investors

Waiting for HK bourse to open

Probably -over 1000 pts at least

 

Looks like the ang mohs have succeeded in their long term plan.  They tried and tried, finally they may make it.  They invested at very low prices all over the world, sell off their equities, make a bundle, after which they orchestrated the subprime fears, everybody panic, everybody in Asia sells, they will come again to swoop up the stocks at low price, then they announced subprime over.  All this looks like their 5-10 year plan to rebuild their wealth which has been depleted over the last 10 years.  Buffet, Sorros, Democrats, Republicans may have this in their plans too.  Where to get money for campaigns ?  Sounds like similar situation in Japan some 20 years ??   The conclusion is that US will definitely go into a recession although they do not lose a cent, global markets will remain weak UNLESS our big brothers from China & India can reverse the trend.    Asian economists must study into history, take appropriate actions and perhaps may give birth to a new economic power other than US. 

 

STI fall by 105 pt to STI-2,933 points...can't even sell into strength...woes YA...!!!

teeth53	Posted: 04-Feb-2008 23:56
	Sell into strength.......just like YZJ BBs..... teeth53 Posted: 03-Feb-2008   This coming wk for STI....not going anywhere, esp w/this coldest, rainie CNY and with the shares px all down, any good news will also turn into sell into strength.

 

Singtel down -18 cts - largest vol

Even people are throwing away Singtel stocks

 

Stephen Gallagher, economist at Societe Generale, said the ISM report "is in recession territory.

Some people will get trap in this so called big news in S.T - CNY rally as next few days holiday.

Be careful what you read, also from so many brokers who call - now can buy, now can buy

In USA Yahoo poll - they call it a fake rally

 

 

As said earlier today gonna be a bad day, for those who need to clear their stocks. Could be a worst day after CNY as well. Take care. DJ down 307 pts last nite. Cheers.

 

It would have been "limit down" or "limit up" on opening if one is in commodities futures in a similar situation... 

 

Broker house not going to open today?? They have not clear the counters page yet...

May be declare closed today due to DOW

 

 

Where is Victorf? Still buy on dips???

 

seems like my 2988 is an understatment.. shall we go for 2888.. nice number to start with for CNY. hee.. prepare for free-fall later oh..

Posted: 05-Feb-2008 17:45
x 0 x 0 * Alert Admin	hmm.. 2988 is quite a nice number too.. yee kau fatt fatt... in cantonese..

 

Dow down -370 pts is surley a sinister sign for the year of the Rat...
Looks like it's a dirty drain rat...  

 

a big ang pow ( RED ) in this morning, likely to see 1-2% down mirroring last night DOW performance.

 

Will keep tract on this counter tomorrow. Tks.

 

Reminder that tomorrow is only half day trading

 

If SGX goes down to 8.88 tomorrow laki best from today 9.86. Cheers.

 

hmm.. 2988 is quite a nice number too.. yee kau fatt fatt... in cantonese..

 

I'll take 3388 anytime...  :-P

 

 

Last Year they did a very good job to choose an auspicious number for the ST Index.  Hopefully, they do likewise tomorrow - maybe 3088 or 3188 ??  

 

Hope every1 managed to 'siam' before 4pm. STI just did a speedy correction to 3038.