Straits Times Index   

STI to cross 3000 boosted by long-term investors

Mr Mani,

But nothing can be absolute in life.

 

Lausk22... :)

hahaha... it's all in the spirit of friendliness...

In the stock market, one must absolutely learn not to take things as personal...

 

Mr Mani,

If we throw shit at each other, how can we be good old pals.

U must still recall how a 000000 threw shit at you sometime ago at your alter ego, iPunter...Cheers.

 

Yes, it is going to break free from the subprime woes of US. Let's wish everyone have a prosperous 2008.

 

Lausk22... :)

Wa... You see me so up, meh?...  

Lai ya... wo men lai he yi bei hao jiu.... gan bei... hehehe...  

 

Come on Mr Mani,

Don't be too modest and self-deprecating... your opinions have not been shitty so far...in my opinion...

 

Lausk22... :)


We must always let the market tell us whether to be bullish or bearish... 

Our own opinion is always shit (dung)...  

 

Mr Mani....my old pal,

You seem bullish....

 

hi all which  do you all think is good for long term benefits--when i say long term i mean maximum 4 years to double or triple-coal, petroleum, biodesel.

 

Maybe Eflin is having a hangover, so didn't pop in to take a peek at the place today... 

 

Fund managers could be very "gan jiong" to load up cheap-cheap before other fund managers do...


(Hey! where's our dear Elfin ! We need you to liven up the place!!!)

 

With all the "woes" already out of the bag,

There will be no more big "woes" to depress the market further...

 

Haiz.. sain.. wif the new bid format.. seems tat all movement being slowed down.. aso mayb bcos all still in holiday mood.. or waiting for the system to b stablized....

Borin..

 

after housing problems then credit cards woes coming, very headache for us markets.

 

will add CES to below holdings soon cashiertan Elite Straits Times Index / STI to cross 3000 boosted by long-term investors / Posted: 22-Dec-2007 08:35 IS ok, UTs cant really time as well as buy stocks de. Stocks yes, u can time to buy warrents and CFD. anyway, as mentioned below i got my UTs yesterday before 3pm thus the price i get will be yesterday closing px if monday gap up should (i believe) be good for me. got some STI CFD ETF and a couple of mid cap shares. looking forward to sell it next week or so. Biosensor, Noble, China HongX, Yongnam & Yangzhijiang

 

I agree with cashiertan. Technically for the major trend, it is a bull market. Corrections are normal and this is what is happening now. As of now, it seems that for the STI and DJIA, a higher high and a higher low has been formed already and by the Dow theory, that signifies that the intermediate uptrend for the markets have begun. Another point is that most counters held their November support levels and they did not dip below it and that is a good sign technically too. U can take a look @ the charts here for the higher highs and lows for the STI and DJIA.

 

Wait till the market dishes out it's surprises...

then all the doomsayers will rush to savour the 'dung' like mad greenflies... 

 

technically Dow is not in recession but in range market. till it broke either the support or resistance, we cant cfm the trend direction. but from the way the funds are buying the US banks, i think there are still room to climb up..

 

People ask me if it is a time to sell their stocks. They say US recession is coming etc. Well it all depends on what you buy. US economy should slow down next year but certain things remain the same :

 

1. People in China and India have huge spending power.

   Their economies will be supported by strong domestic

   demand. The Asian consumer boom is here to stay and it

   is a major long run theme.There are now 106

   billionaires in China, up from just 15 in 2006.

 

2. Infrastructure in emerging econmies will continue.

   Spending on infrastructure is expected to triple over

   the next 10 years in emerging economies. Ngo Dong-

   Sinh, invesment strategist a BNP paribus, also picked

   infrastructure plays as one of the main investment

   theme in 2008 and beyond.India and China are way

   behind in building the necessary foundation. They need

   everything from waste recyclying and power plants to

   container ports, highways etc.

 

3. Agricultural commodity prices will be firm and should

   continue to trend up. Shrinking arable land due to

   urbanisation and industrialistion, dimishing water

   supply and changing climate and polluion are affecting

   crop yeilds. Furthermore people are using food as

   renewable energy. The world population is expected to

   increase over the years The imbalance between rising

   food demand and limited food resources is

   accelerating.

 

   Besides agricultural commodities, other commodities

   like base metals and others etc should be firm simply

   because of increase in infrastructure projects.

 

It is important to remember we are now in a integrated global economy.If US economy has been slowing down this whole year, why is it that US job growth has been good?

The world economy is more balanced with emerging Asia and Europe contributing a bigger share to the world GDP. Asia shares are trading at a premium to global shares.

 

It would be good if you can buy the January 2008 issue of Pulses and have a read. In the words of Warren Buffet,"We don't go in and out of the market. I simply look at individual business to figure out where they are likely to be 5 or 10 or 20 years from now." As long as a company is fundamentally sound, short term gyrations of the market are just noise.

 

As you probably know there is a new terminal airport at Changi which is bigger than the other 2 terminals. Why did Singapore spend so much building a new terminal? Why did Tiger airways just expanded their air fleet? It is because air travel is going to increase. Why would air travel increase? It is because emerging economies are doing well and the people there have great spending power and they are going to travel.

 

Bad market sentiment can affect the general market sentiment. However it is important to look at the bigger picture. Having said that, I must admit market timing is everything. That is something I hope to improve next year.

 

Most companies use a bar chart when they report their results. I always look for those companies where you see the bar chart increasing over the past 4 years. You just need to read their future plans and production capacity and you can easily tell if they are going to do better in 2008. Some companies even hint to you their 4th quarter results will be better (quarter to quarter). You just need to take some time to read their reports online. 

 

Admidst the market volatiliy, keep cool and be patient. Remember next year is the US Presidental Election. I am sure one knows how market traditionally perform during US Presidential Year.

 

I look for a investment theme and just work backwards. Good luck in your investments next year!