Straits Times Index   

STI to cross 3000 boosted by long-term investors

Hi Shplayer,

Good thing I bought earlier at 1.14, then the price i think was way oversold. 

Now I will transfer fund into Sing Land. Office Rent expected to go up up in marina after IR in place. Another good investment ?? Time will tell.

 

thanks!

 

tis comin thurs

 

anyone knows exactly when the new STI is going to be in place? i forgot the date...

 

Woo US flat today,

Seems like they are waiting for the Fed Chiefs to gives their speeches first. A few of them will be speaking from today to Thursday (Ben). Think they purposely force it to 12,800 so the Fed will be careful with what they say.

 

Anything that sounds wrong will break the market haha. Anyways still 25% vested, will see how it goes on Wed b4 deciding.

 

DJ & Nasdaq are + ve  now.

Would they go further up North? 

 

STI din drop as much as i tot it will be. Din even test it's previous corrections levels. See whether DJIA will test it :)

 

U.S. Headed for Worst Recession `in a While,' Jim Rogers Says


By Saijel Kishan and Mark Barton

Jan. 7 (Bloomberg) -- The U.S. economy is heading for a recession and investors should sell the dollar as global currencies weaken, investor Jim Rogers said.

``It's going to be one of the worst recessions we've had in a while because we had so many excesses going into it,'' Rogers, chairman of New York-based Rogers Holdings, said in a Bloomberg Television interview today from Singapore. ``It's going to be bad for all of us as currencies come under more and more stress and we have more inflation in the world.''

The U.S. and U.K. governments have been ``lying'' about inflation, Rogers said, adding that he's sold their respective currencies. Rogers is also buying the yuan and the Swiss franc as other currencies weaken.

The dollar fell last week after data on Jan. 4 showed U.S. unemployment climbed to a two-year high. The U.S. currency fell to its lowest against the euro in November.

``I hope by the end of this year all of my assets will be out of the U.S. dollar,'' Rogers said. ``The dollar is a currency that's terribly flawed and it's going to be under duress for many years to come.''

To contact the reporters on this story: Mark Barton in London at barton1@bloomberg.net ; Saijel Kishan in London at skishan@bloomberg.net

 

tks bros for the enlightenment..

dow goin to breakeven pt though still green.. nasdaq in red zone liao..

 

hmm thinking of going in near the end of the market but with the DOW and S&P hanging by a thread, i do not wish to take unnecessary risk and reduce my winnings. protecting capital is still more important. there is no harm to enter later , maybe there will be lesser profits. nevertheless let see the today's US performance.

 

I trade with Saxobank Singapore. they have almost everything u can trade on except warrents. however if u trade index CFD, u wouldnt bother with warrents.

 

Overbought, to my simple understanding, implies one should sell ur particular stocks if you have it and not to buy even if you have interest.

Over sold means one should place order to buy the counter if you are not having it or hold if you have already got the shares.

Any actions should take other indicators into considerations before your final decision.

 

Huatah they are using wlpr to see the levels of overbought or sold or u can also use mccl. Either one works.

 

Hi Hi.. can enlighten me wat's de implication of "overbrought" and "oversold".. in share? And in wat way does these counters being rated as oversold or overbrought?

Tks in advance..

 

Panic today? Shortist haven!

http://www.freewebs.com/henryhts

 

 

Hmm cashier,

 

ahah i also went in this morning about 20% worth to see how it pans out as ben is speaking on thursday and today is the support level. btw where do u trade to get cfds?

 

cleared some STI and HSI CFDs and some stock positions to either cut lost or take some profit. however still have some stocks and UTs positions not cleared as STI is showing sign of rebound off the Rising Support trend line. currently actual and paper lost is around 5-10% of entered capital. 3-5% of total capital. good thing abt proper money mgmt is small lost compared to gains, i entered only 1/3 of position to test water.

the next thing to see is the US index performance for this 2 days.

 

Rhymes suitable for the modern Fun(d) manager( in full Armani suit)

          Theirs not to reason why,

          Theirs not  to make reply,

            Theirs but to do and die......

and

             When Santa Claus fails to call; the Bears will come to Broad And Wall.
 

          
 

 

I found 3 to go supa long..Suntec reit...CDL hospitality..and hyfluxwater...anybody care to comment..give free advise..thanks first in advance,,

 

Win at Wangxiang,Qianhu,hyfluxwater,First resource,KTL...lose at mercater..bought 70c 44 lot..will cut it is go down..so far lucky...hope it last..hope no recession..otherwise all dies.

 

mike8057d..how much you lost in clob during the financial crises...i sold at great lose and use the $ to put back on SGX..and top up...have recover with profit...but there are $ to make there too...but SGX is more than occupy for me..and some gold stock on NYSE..