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Genting Sing
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rabbitfoot
Veteran |
13-Nov-2010 14:53
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Big stock offerings next week could boost US markets - For the brave ones Monday morning is the perfect time to buy, if you miss it, on Tues afternoon then... |
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iwonder
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13-Nov-2010 14:10
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Not to worry...it is viewed as an opportunity to get on board....short term gryations in the market are always there. There is no reason to be overly pessimsitic. "Buy from the fearful and sell to the greedy"
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pharoah88
Supreme |
13-Nov-2010 13:54
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What is the Key Driver of US inflation ? Shouldn't there be Deflation instead ? What is the Key Driver of China inflation ? Shouldn't China's highest exchange rate todate BLOCK all inflation ?
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iknownothing
Senior |
13-Nov-2010 13:20
Yells: "INCOMING!!!!!" |
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nevermind can recover 1..current market will goes into small correction.. Cheers!
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firewood
Master |
13-Nov-2010 13:10
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Thnks!, i am aiming at .755 and .75 for exit too :) Cheers
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Gaecia
Elite |
13-Nov-2010 12:06
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hello firewd, pls don't quote me because i'm not dependable. Charts are charts but real capital markets can act up irrational and extreme. i don't touch contra, your timeframe is different. I mentioned i'm considering accum at lows to nett out on the way up. Gar can still be oversold for another 2 days before rebounding mid-wk or later but can u wait? Come Monday if u see China announcing interest rate hikes or legislate to block foreign capital flows, the way Nikkei and SSE opens, you'll have an inkling of the day's trend. Dow and precious metals sector are down, let's guess how will STI open? If STI opens flat is like lucky stars shining above to buy time & offload already. Gar on Mon at 0.750 - 0.755 is already an optimistic exit price, i'm just guessing only ah
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iApple
Member |
13-Nov-2010 11:28
Yells: "trade to learn,learn to trade? " |
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For the people in fear of China Inflation, try to understand & do rational analysis. In year 2008, China leader announced and said they would like to maintain China GDP growth rate at least 9% per year. This year 2010, China not only able to get 9%, but 10.46% Bravo. Yes...the downside is the inflation up to 3.52% Yes I will say it's a fair increase. Because if you look back on year 2008, GDP growth is just 9.6% and inflation rate was 5.9 % Secondly, China Yen value goes up too. Also, on 2009, there was a deflation of 0.693%. The inflation rate change during 08/09 was 6.6% (5.9- -0.69%) It's normal phemonia for the price to go back UP. source of information on GDP from CNN |
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firewood
Master |
13-Nov-2010 10:36
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Hey Gaecia, you mention about GAR charts, will it rebound a bit back on mon?
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firewood
Master |
13-Nov-2010 10:18
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Ya. Commodities all dropping............. | ||||||||||||||||||||||||||||||||
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Gaecia
Elite |
13-Nov-2010 10:14
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http://www.kitco.com/market/ d.i.e. Gold bugs also taken out for a ride, lucky am not onboard. Come Monday we shall know what is face green green. |
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firewood
Master |
13-Nov-2010 09:54
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Me, paper loss 20k+ Sian..............
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rabbitfoot
Veteran |
13-Nov-2010 09:34
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Read in ST today, stock has only 1 week to drop, before sideway and then rally up. Eyeing on GenS near 2.05 maybe on Tuesday before PH on Wed...Last chance to board again ! |
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watermelon
Veteran |
13-Nov-2010 09:27
Yells: "A bird in the hand is worth two in the bush." |
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Dow 11,192.58 -90.52 -0.80%
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bladez87
Master |
13-Nov-2010 09:25
Yells: "I AM PAPER TRADING AFTER LOSING 5k!" |
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anyone still has open positions?
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firewood
Master |
13-Nov-2010 09:07
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Yup actually dow recovered slightly later in the afternoon after G20 summit was over. The main drop is due to 3 stocks in the DJI, IBM , BOEING and CISCO. On fri, STI, Nikkei and HSI tempted to recover over Dow's drop on thurs. Then comes China's news. SIAN LOR
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bladez87
Master |
13-Nov-2010 09:04
Yells: "I AM PAPER TRADING AFTER LOSING 5k!" |
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kan siannnn. GSS on STI still on sia. but i no $$$ | ||||||||||||||||||||||||||||||||
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ianong
Member |
13-Nov-2010 09:04
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Not necessarily bad on Mon, see Dow Futures and china mkt movement. Usually futures will move higher under such situation. Hope china will be steady on Mon. |
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firewood
Master |
13-Nov-2010 09:03
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China always like that. Beginning of the year tighten policies. Now increase interest rates..................... | ||||||||||||||||||||||||||||||||
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firewood
Master |
13-Nov-2010 09:01
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Haiz |
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bladez87
Master |
13-Nov-2010 08:52
Yells: "I AM PAPER TRADING AFTER LOSING 5k!" |
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ya my bad. saw cannotfind post. then i went to google and realised only 90. but 90 also bad enough liao should have closed all post ytd and buy on monday |
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