expect low volume and volatile week as there are many impt news coming out this week
Wah, Oil price high--> Inflation. Oil Price low--> Recession.
Sian
Ya good thing, every thing will be dropping like a falling knife, nobody buy stocks, nobody buy houses n flats, no body buy cars, nobody will spend and everybody will fear in a recession is coming, the mood is very depressive-recessionies in action. Then oil px will drop to <US45/- again.
Hi,
Oil price drop should be a good thing right? Every thing become less expensive and stuffs
This housing woes is been carry into 2008.....so is the fear of credit crunches and
Stocks struggle after selloff
Wall Street in mixed territory after choppy morning, big selloff last week. A big drop in the Dec. new home sales index and weakness in global markets factor.
10:16am: Weak December sales caps 2007's record slide, with prices for the month off sharply from a year earlier. more and oil drop: OIL 1.81 2.00% $88.90
i will wait untill all blue chips drop to $2 then buy it.
Hi,
in the past, I could buy STI ETF if I wanted to buy indices. Right now, if I am interested in buying indices again, what has replaced the STI ETF ?
Thanks,..dun seem to locate any of them now.
Cheers,
Soloman is so right. ^S^T^I must go down big time... before we start to experience the errie feeling of recession even when stocks are dirt cheap but nobody buys.....
Been through 2 97s, 2 recessions..... seen it . But I have this fear that this one gonna be worse.....
My advice to all trading short term, try not to buy into weakness and sell into rally.
It is so unpredictable...
World is in a serious crisis - grim DAVOS message
I have been to at least 2 recession and I hope I don;t go through another one
In a recession, the mood is very depressive
Stock prices are so low and people don;t even want to buy any
Now compare STI to recession is like heaven still
That;s why STI still has to go down big time when fears kick in - Jim Rogers
Stocks prices is falling....cheap rite, as temptation is riding high...as buyer may wait for dust to settle..this is oni for long term investers in today volatile mkts. Short term...buy into weakness and sell into strength.
| ST Index |
3,041.06 -118.42
|
|
| Volume |
1,353.3 M
|
It was from bloomberg news last week.
US Housing market down for the Nov and Dec. It is all in the news.
Lowering of interest rate may help many people from defaulting the mortgages.
Consumers spending down in Dec. Not favourable job data. US economy may shrink further.......
Banks may write off further from the sub prime mess
Inflation running high..... what else is there to shout about?
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| limhpp Senior |
Posted: 28-Jan-2008 14:42 |
x 0 x 0 * Alert Admin |
I don't think the sub-prime is over. It is far from over according to Warren Buffret...... Sad.. |
where did u read that from ?
Let's pause for a moment and take stock of what we have. This is a crazy market where all fundamentals and technical analysis are thrown out of the windows.
Whether you trade fundamental or technical nothing seems to work. The last time such a scenario happened was way back in 1997 and 1987.
This time it seems worse because we have a mad horse running wild. It is the inflation......
going up yet the Fed and Central bankers are lowering interest rate.
The OPEC must lower the prices of Oil otherwise we run into the 1970s oil embargo that almost cause the world to come to a standstill.
Swings will be wild in the coming months on a downward spiral. So just take some time for a breather away and things will become clearer as we take a step backwards. Cheers
more than 100 points swing..wow, almost like Nikkei & HSI & DOW....but the % wise, it is big for STI
| Monday | Friday | ||||
| ST Index | 3,029.77 | -129.71 | 3,159.48 | +109.39 | |
| Volume | 1,031.6M | 2,033.8M | |||
| Value | $1,198.0M | $2,506.4M | |||
| Gainers / Losers | 158 / 594 | 665 / 186 | |||
100+ points fluctuations is "sap sap sui" these days
Today u see the same sequence of events as last week. BIG MAN at work !!!!!!
I don't think the sub-prime is over. It is far from over according to Warren Buffret......
Sad..
Now i only play one counter, most safe one and that is Singtel. haha