Looks like we are all in need for a miracle rebound...a technical rebound can't do much...sigh...
Misfire my last bullet last week.....
chinese new year coming, everybody needs money to celebrate, so, dump the shares, i don't even know when we should shoot our last bullet?
Every $%#@ counter is in red. Going to spit cao nua <saliva> on my monitor screen . Phucks....
I guess in this mkt sentiment, SHORTING has better chance of making profit.
Arbitrager...no time to get out..still got some..what to do.pick it up and sit it out..hope in a year time will to ok..in the mean time go out and exercise...running,swimming..dont be too stress..there is nothing we can do..if fall sick it will complicate thing further...let the loss be up to this point..and no more..can see alot of sad soul out there..
at the moment...HSI trading down -8%...after lunch...STI might follow suit...let's observe in an hour+ time
looking at the region especially HSI...it is VERY down.........and lunchtime will commence very soon....after the lunchbreak...we shall see more action......and keep in mind as the clock ticks...we are nearing the opening of Euro and DJI...although it is still hours away...but i m juz analyzing the psychology and thinking of the masses....follow the wave and u should be on the right track
the remaining stale bulls tried their best hold their defense at 2800 but under heavy artillery fire by the BBs and prowling retail bears, rampanting the city of SGX, the line of defense is breached 3 times and the gate is finally opened.. the line of defense bull retreat to will be at 2600.. that wil be the last line of defense.. if breached.. STI can surrender all their 2006 and 2007 gains to the new conquesor (the great black canadian bear) and we shall all live in a gloomy stock market for a long time because the next raging bull take charge and lead the battle against the bear again.
singapore will get many more millionaire if the stock U-turns, LOL..
| Last | Open | Change | Chg % | |
STRAITS TIME IDX | 2,795.7 | 2,802.14 | -121.45 | -4.163% |
FT ST ALL SHARE | 723.42 | 730.74 | -33.66 | -4.446% |
NOW..............
yep i have the same thoughts as you zhenxian...however...these are our hopes...let's hope it will not be dashed....even when there's a rebound...doesn't look solid....and i saw on CNN news last Friday poll...3 out 4 Americans felt they are already in a recession or into a recession soon
looking forward tonight to DJI...their futures were terrible though....it is a shorting market now
Looks like better news will be hard to come by
http://news.yahoo.com/s/nm/20080122/bs_nm/markets_global1_dc_14
jia lat
An US domestic problem becoming a world problem. Something is not right here. The US have rating companies such as Standard & Poor, Moodys, ..etc Are they in league with the Finanacial institutions there to con the world ? If they do their due dilligence, this sub-prime issue should never be there. Imagine a family earning US$2,000 a month, living in a big house with 2 cars not able to pay up their mortages ? How did he ever get a loan to service the big house, 2 cars, ..etc. This brought to mind those earlier days when the US orchestrated and hit the Japanese economy so badly that Japan is still licking their wounds today. Till today the banks in US are not reviewing the details of the CDOs issued, this is surprising as the modern computer database is capable to identify the info within minutes. So who is their target ? China ? India ?, ..or all of them ? Could this be one long term high level US projects to make the US rich again, reduce their annual debt deficits ? Our market is down although we are doing very well. We got to swallow it although it is not our undoing. This is the Evil side of the Financial World !!!!
tonight dow may be will show us a clearer picture of what this coming week will be.
Hoping for better news to come out from the US side..
A very red sea...would anybody really dare take the plunge and buy during this low? yes there are quite a lot of ppl out there still doing so...believing they r in for a real bargain...on the opposite perspective...it seems to be getting lower ...
| Asia/Pacific | Last Trade | Change | Related Info | ||
| ^AORD | All Ordinaries | Australia | 5,335.900 | Components, More | |
| ^SSEC | Shanghai Composite | China | 4,683.156 | Components, More | |
| ^HSI | Hang Seng | Hong Kong | 22,588.13 | Components, More | |
| ^BSESN | BSE 30 | India | 17,605.35 | 0.00 (0.00%) | More |
| ^JKSE | Jakarta Composite | Indonesia | 2,344.7029 | Components, More | |
| ^KLSE | KLSE Composite | Malaysia | 1,439.49 | Components, More | |
| ^N225 | Nikkei 225 | Japan | 12,738.31 | More | |
| ^NZ50 | NZX 50 | New Zealand | 3,589.553 | Components, More | |
| ^STI | Straits Times | Singapore | 2,813.62 | Components, More | |
| ^KS11 | Seoul Composite | South Korea | 1,620.73 | Components, More | |
| ^TWII | Taiwan Weighted | Taiwan | 7,601.61 | More | |
yes indeed massive selldown can be irrational and not very logical at times...however going with the market flow...tonight DOW will be opening....nothing much of a good news to look ahead...if buy today or still keep without selling it down....might incur a greater loss in the near term...
| VALUE | CHANGE | % CHANGE | |
| Topix | 1,242.22 | -51.52 | -3.98 |
| Hang Seng | 22,567.01 | -1,251.85 | -5.26 |
| Singapore Straits Times | 2,812.73 | -104.42 | -3.58 |
| S&P/ASX | 5,331.30 | -249.10 | -4.46 |
Crisis is opportunity,do not be afraid.
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