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STI to cross 3000 boosted by long-term investors

Plosser Says Fed Can Address Markets Without Rate Cut (Update1)


By Anthony Massucci and Vivien Lou Chen

Sept. 8 (Bloomberg) -- Federal Reserve Bank of Philadelphia President Charles Plosser said there is an ``underlying stability'' in the U.S. economy and policy makers need not always cut interest rates in response to financial-market turmoil.

``Disruptions in financial markets can be addressed using the tools available to the Federal Reserve without necessarily having to make a shift in the overall direction of monetary policy,'' Plosser said today at a conference in Waikoloa, Hawaii.

 

 over all how are all the electronic companies doing.

 

Don't sell or U will miss the rate cut in a few days

Ha! Ha! Ha! - your pick

 

 

Bernanke guy to give talk on coming Tuesday at conference

Watch for it

 

All those who sold previously during panic regret deeply

Such as Ascendia India - when it was 1.30

Now so much higher, all other stocks also

Still want to sell ?

 

However it is also true that those who panicked, sold and forgot to buy back when STI was near 3100 now find the share price going above the price they sold at.

 

When STI went through a series of crashes to near 3100, selling at that point in time might be too late. Now STI has already ralled back from near 3100 to near 3400 and situation in both cases is slightly different now. From near 3400, it could very well go back down 

 

I suggest look at the futures trade for EU on the morning session. DJIA futures for afternoon. It may gives a sentiments of the mrkt.

Big drip in price with small volume is OK.  I guess....

Finally, if no buyer why sell.....

 

 

Yellow stuff is good to have.

 

My suggestion, don't againts the trend. But again, ask this question first before you sell: why did you buy your stock at the first place?

 

But the problem is you can't ask BBs not to sell their stocks to lock the profit--as they had made $$$$$.

 

Come Monday - don't sell your stocks

Ask yourself - are you better off previously when you panicked sold ?

Or have you regret it ?

 

Volume is going lower and softer...A tell tale sign that there is a  lack of or absent from BBs trading....and waiting to pound on it when mkt is good going, then let go on selling into strength...keep some strength, built up and strengthen it, it will often go a long way to strengthen oneself confident w/o fearing, committing to a single mindset of lossing to the market system. like eg all eyes is on US whether going to cut interest rate or not and traders in all but trade as thou...what need to be done by Bernanke to stablize mkt, Ben will do what it take, still a day of big gain and another day of big loss reflexing on keys index indicater, to those who is willingly, this's extreme volatile mkt built on GREED. 

 

Well put by Teeth53.

Sensibility is the rule of the day in this period of increased volatility. Look for dividend plays that one can hold for long and are less likely to be affected by the US downturn. Alternative is to wait for a cheaper price (expect some minor dip due to sentiments) to get these blue chips. But if you wanna liquidate to reduce risk exposure and already have some profit, by all means go ahead. Know your own financial comfort zone.

Those who want to punt a bit, pls seriously watch out for the volatility and emotional involvement (which will definitely happen if you're watching the counter go up and down multiple times in a single day).

In all, understand what kind of timeframe one is investing/trading in. There are short-term trends, reversals etc, and also the long-term trends. Understanding what creates or destroys trends will clarify one's trading/investment decisions.

 

 

Keep some strength and keep it to sell into strength...when where there is a profit, those whom has committed recently...during this few weeks of volatile turbulent but predictable rippling time.

STI will be now even harder to hit a new high as US is the biggest mkt been nudge further into new low, like news of  cutting and laying off staffs, comsumers spending less, data coming out may not be so encouraging, banks having to be prop up and the final straw is to cut interest rate, prolonging the under laying woes. Bernanke hand maybe force and will do what ever it take to mop up those woes by strengthing woes regulation to lay it road to more stablization and the road to recovery is a steady hand, it is a slow and long road thus it volatile it it trading system.

Those whom has deep pocket can keep it even longer and also can buy cheaper if it ever fail to be push up by BBs and other insitutional fund. Those not...reduce your stocks portfolio and good luck to U. Ya !.

Just a word of cautious, trade within mean and stay alert, if not keep away from trading...

 

2 Dates to watched out, 11th Sep and 18th Sep.

It is best to stay on the side line to watch what's happening around you before you take the plunge. Too many bad news filtering in from US. IT is best to be prudent and wait for the economic data to come from US and whether FED chairman will reduce the rate by up to 0.5% points.


Weak Job data. Home defaulters increased over the week YEN has appreciated, carry trade will be a problem. Technical charts point southwards. All these will accelerate the fall. 

Wait and be prudent.

 

Repost  :

16-Aug-2007 12:51	Straits Times Index   /   STI to cross 3000 boosted by long-term investors
x 0 x 0	If STI falls way below 3309, say reaching 3081, I would consider this wave as wavelet E. Another word, from a ht of 3665 to 3081 (wave A of beginning bear) breaking the support at 3310 (the ht before Feb fall) lends itself more to a bearish indication. Then wave B (of bear) will reach at most around 3490.

Friday, STi closed at 3489, very close too 3490. Scary with the youtube message.

 

what i dun like is there are many amateur postings who post irresponsibily. and usually inducing ppl to do actions which they wanted. 

we should cut or delete treads like that to protect the real investors. coz we dun noe whether this "ppl" are investors like us or they are from the BBs of geylang.


 Currently on this forum i only trust a few ppl like Sggal, Shplayer, Elf, NewMoon, Mani, teeth, victorian and a few more. they rest i wouldnt even bother to read their postings as either they are rubbish, filled with emotional or unconstructive threads with no real substance or proves, with intention to induce ppl to trade wrongly intentionally or ignorantly..

 Thus i would like to remind ppl of this forums to be selective of threads u read or pay the price of losing money..

 

Now i like to be highlight the Cross Road we are in. With yesterday fri crash, we have  wipe out 2 of the support line build up over the last rally. now we are facing a big problem with DOW, the next major support is 13000 with that broken we will be facing frre fall to 12450 or even 11970. question is can u HOLD with so much Dip on the down side and so little chance of upside. Note we have just 2 support line while we have more than 4  resistance line. so you take the trade decision.

 Now i hightlight the good part. Fed may cut interest rate next week and will cause a short term rally. and if u cut lost on monday, u can either miss this rally or if fed dun cut the interest rates, u can see heavier free fall of ur stocks of maybe 5-10% daily. thats is what i mean of we are in the crossroad, as either selling or holding the stocks may be a painful decision.

However u can also buy some Put Warrants to hedge the free fall next week.
 

 




 

 

 

Familiar with stocks once that is expensive but now is seem cheaper to buy some to keep.