timewatch, you may want to read this article from fundsupermarket about this subject. Remember equity and bond are fighting for the pool of money. the recent world wide sell down might mean money flow from equity to bond heavily , driving up bond price ( dropping bond yield).
http://www.fundsupermart.com/main/research/viewHTML.tpl?articleNo=2455
Buy government bonds is safe. BTW, ST decline 14.55 to 2985.48 after closing. All Euro stock ex dipped as well after 1600hrs local time. No eye see leow, tomorrow gonna cheah kaki loh. Needs to go for a beer to relax leow, cheers.
heard that bonds are doing well in the US market now-not sure if the rumor is true or not, how are the bonds doing in sgx market. Advice needed-- thanks friends.
What a FREE FALL at the end of the day!!!!!!!!!
| Thursday | Wednesday | ||||
| ST Index | 3,022.83 | +22.80 | 3,000.03 | -49.87 | |
| Volume | 1,024.4M | 1,422.2M | |||
| Value | $1,485.5M | $1,750.4M | |||
| Gainers / Losers | 249 / 356 | 249 / 453 | |||
Mkt seems so fickle today...but hey, now its green...following not HSI nor US...at least something to feel good about for the MOMENT.
Ya man...dunno why suddenly the market choose to take a nose dive...
Pretty scary sight...
Asia stocks, less Tokyo, Seoul and China, dipped passed 1100am. HSI now -389 and ST is 2984.18. Where got fund. Exit leow. AK downloaded all my 45 lots of SPC before 0915 this morning, though earn less due to panicky, but feel relax. Cheers.
hmm,
US rose for the past 2 days on hopes of rate cut and we drop for 2 days, US rate cut, they take profit, we also drop .....
Power - just buy a put warrant from now till end feb can liao.
Stock market is confirmed in bear mode now. Even the fed cut had no effect on the Dow.
STI is now a headless chicken.
Market so confused till HSI going into the red sea now...
waiting for HSI soon...we shall see...hopefully it gives a clearer direction
Mkt condition is still not clear. With the rate cut still no strong impact and gain investors confident? you know what is means????
the region is in a confusion too...up and down hovering on a flat line dunno to be positive or negative
many would had expected a slightly clearer direction after the Fed cut...but how come to me now the direction is still so hazy...firstly i don't even understand after the Fed cut...DOW went up and plunge down in which some say the reason is due to profit-taking...bleak outlook..etc
then in the morning STI go for a mini-cheong unexpectedly...and at the moment...hovering around 3000 support again
*confused
Wait awhile...Asia market still trying to digest the news.
Might see an uptrend later...Asia might already "prepared" for a no-cut rate for the past 2 days.
Let's see how when HSI opens.
Keep a lookout for China Hongx.
Not an inducement.
All because of the CNBC economist who brought down the Dow 1.5% within the last 1 hr. They are actually killing the markets. Watch out tonight for Larry Cutlow to counter that, let us see if he can turn the tide up 2.0% ?
Fed cut rate market also down, don't cut also down.....sian
STI is falling below the 3000 points again as the expected rate cut is shown to be non-eventful in US....
No use leh, Kepland earned .78 b last yr, but today's performance was really disappointed. Hope to gain ground tomorrow. Cheers.