I believe it is just a minor correction. The STI has been uptrending for some time now.
"best is total out before Oct 19"
If I read you right, you are saying that things are going to be bad next week, possibly even worse than the situation you warned in the days leading to July 21.
ok, I guess I can't leave anything to chances.
Still the same call ... good luck :)
| Posted: 08-Oct-2007 23:44 | |
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there is a show named "LUST, CAUTION"...in these few weeks, there is a show named "SHARE, CAUTION"...advise reducing position from 8th till 19th (reduce fast when there is BIG BULL) and best is to total out before 19th October when uncertainty comes in...uncertainty slowly creeping up from 8th to 19th till it will engrave the market...and we do not like uncertainty...good luck :) |
Many seem to be expecting some crash to happen. We might not experience the same kind of correction as last July. Maybe minor corrections. Well let's see.
STI in RED now
Well here is one thing that might be useful. You wish to sell a stock but you are not sure. What you can do is maybe sell half your shares of the stock. I am sure there have been times when you sold all your shares and it continued to go up. Psychologically it is hard for most people to buy back your shares after you have sold all and the next day it goes up.
Well here is one thing that might be useful. You wish to sell a stock but you are not sure. What you can do is maybe sell half your shares of the stcok. I am sure there have been times when you sold all your shares and it continued to go up. Psychologically it is hard for most people to buy back your shares after you have sold all.
I think the bubble in Singapore now is the real estate industry. Rental and sale prices have gone crazy! It is a seller and landlord market now. No longer a buyer's market.
The next bubble will be oil,food and other basic commodities.
To prevent a recession the federal reserve will print more dollars and cut interest rate again-print or perish?
You are right, teeth53.
Asian economies except Japan will enjoy the biggest growth after the period of uncertainty. Japan will grow at a rate of just 1 - 1.5 % over next few years, where as the rest of Asia will be the 'big story', which could grow eight-fold. (Asia GDP just 0.5% compared to North America value is 4.1%)
This will be happening this week.....
| teeth53 | Posted: 29-Sep-2007 00:23 |
| Some trading today has China listed stocks in SES lifted into +ve territories, some penny stocks has also benefited too, still after hitting a high. It STI index goes into profit taking...My tot say index will continue to test new high for this coming week. |
DOW want to create new record tonight, think tomorrow have to join nicky to short, short and short... especially uni-asia.
If HSI magic rub off STI, then we have hope for decrease in income tax rate and corporate tax. He he he .. . . .
Just amazing what the BBs can, and will do... market stayed up beyond most expectations heh. The dip at the end was only from 3883 to 3875.
3900 is the 'magic level' - either chiong thru and maintain the bull run, or fail to break and stay above 3900 and end the day tomorrow lower.
I guess the Hang Seng Index's magic rubbed off onto STI. HSI broke thru 29000 level today.
STI almost smell 3,900, touching a high of 3,890.91 pt B4 closed off
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A kind of Thrill.
Past few days, always down in afternoon.
Today, suddenly become up in the afternoon.
BBs are toying with small boys.
sorry, wrong calculation....wow BBs in play
oh my we are suddenly touchin 3900, i think the risk rewards favour shorting... still searchin for a suitable candidate
FYI, most BBs already out of this mania. They played some tricks, so you can't use your normal trading system to identify their sell off.
Better let the games for BBs and Chng Ke.
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