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STI to cross 3000 boosted by long-term investors
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soloman
Master |
17-Nov-2010 09:58
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Greek rescue frays as Irish crisis drags onThe eurozone bail-out for Greece has begun to unravel after Austria suspended aid contributions over failure to comply with the rescue terms, and Germany warned Athens that its patience was running out. |
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Bon3260
Supreme |
17-Nov-2010 09:57
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STI up till 3,300.40pts on 08-Nov-2010 (Mon). Healthy Corrections r expected. ('',)
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soloman
Master |
17-Nov-2010 09:54
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Greece admits breach of bailout terms as audit begins AFP - Tuesday, November 16Send IM Story Print Students march in central Athens to protest government education reforms and strict austerity measures, November 4. Greece acknowledged Monday it would breach conditions for a new instalment of a 110-billion-euro bailout as the IMF and European Union began an audit of the country's austerity measures. ATHENS (AFP) - – Greece acknowledged Monday it would breach conditions for a new instalment of a 110-billion-euro bailout as the IMF and European Union began an audit of the country's austerity measures. Greece's Socialist government faced a week of tough talks with its benefactors and although bolstered by sweeping successes in local elections on Sunday, the outlook is still overshadowed by gloom on the economic front. The Eurostat statistics agency issued its final revision of Greece's accounts for the past four years, triggering a new forecast by Athens that its public deficit in 2010 would reach 9.4 percent of output, well above the 8.1-percent target. |
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iPunter
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17-Nov-2010 09:49
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A brief correction lasting just a couple of days or so may not be healthy at all... But a reasonably long, say 1-2 months correction may be more 'healthy' for the market in the longer term.. ![]() |
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Bon3260
Supreme |
17-Nov-2010 09:42
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Luckily today's holiday. STI close. If not... : (
Was expected Healthy Corrections Stage-2 & STI drops more dan -60pts ydae. But only dropped -24.70pts (means STI has a support level). If tis few days STI 3,200pts cnt hold. Means Healthy Corrections Stage-2's on e way liao...
Note: STI 3,300.40pts was on e 08-Nov-2010 (Mon). There4, STI only dropped (3,300.40 - 3,212.10) = 88.3pts fm 08-Nov-2010 to 16-Nov-2010.
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teeth53
Supreme |
17-Nov-2010 09:14
![]() Yells: "don't learn through life, learn to grow with life " |
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Forming very own decision wisely is as difficult as finding a pin in the ocean. (To each it own, hope U chose d right choice...Happy trading..Ya.)
The starting at low px is over (started last Friday with a element of some surprise), if not opening at buyer px - force buyers to take margin (narrow trading band) and go on profit taking (I mean BBs taking profit) and thus allowing smaller players to buy at higher px and await to sell higher high, for 2 cent gain - Co's small boy bot small volume. BBs can take profit even at half a cent (0.05cent or even at 0.025 cent.) teeth53 - just giving my personnal opinion, as there r as many others may have alot to differentiate it as well. While information is always distinctively late and trading always coming in fast and ferocious at the fore. (This one is ahead - one day early). Was taking note from this...ketrade.com.sg (teeth53 thot sharing with... forumers) 16-11-2010 19:57:08 SE Asia Stocks-Mostly down on Euro, capital controls concerns * Thailand, Singapore hit two-week lows * Foreign investors sell off amid capital control talks * Euro zone crisis, China rates talk hits sentiment * Indonesia, Malaysia buck trend By Shihar Aneez COLOMBO, Nov 16 (Reuters) - Most Southeast Asian stock markets fell on Tuesday on slow global recovery concerns, a possible rate hike for China and speculation over the imposition of capital controls to tame the rise of the region's currencies. Thailand and Singapore fell 2.8 percent and 0.8 percent respectively, with both hitting two-week lows. Vietnam, the region's worst performer, hit a new 2-? month low, closing 1.5 percent weaker. "The worries that China may increase its interest rate and possible capital control measures hit the regional markets overall," said Rakpong Chaisuparakul, a market strategist at Bangkok-based KGI Securities. "Also, Euro zone debt crisis and conflict between economists and politicians on the viability of QE2 have contributed as negative factors from the global side." Euro zone finance ministers will try to find a way to end Ireland's debt crisis on Tuesday, with Dublin resisting pressure to seek a state bailout by signalling that only its banks may need help.Indonesia and Malaysia bucked the trend with gains of 0.5 percent and 0.1 percent respectively. Manila was closed for a holiday. Optimism in the region's emerging markets evaporated amid speculation over capital control to prevent sharp rises in currencies of the respective countries in the region. On Tuesday, the Bank of Thailand said it is considering stronger capital controls but was weighing them carefully to avoid longer-term damage. Indonesia on Monday said it has been studying the possibility of taxing capital inflows. Foreign investors have been mostly on the selling side on the region's bourses. Jakarta saw a $95 million outflow in the past four straight session including $13.2 million on Tuesday. The Philippines saw a $33.3 million outflow in the last six sessions. Thailand suffered a $202.7 million foreign outflow in the last five successive sessions, including $23.3 million on Tuesday, Reuters data showed. Analysts said investors are also worried high valuations, which prompted some prominent shareholders to cash out more than $1.9bn from Asia's equity markets last week. Indonesia is trading at a 15.3 forward price-to-earnings ratio, below all-Asia's 13.5 and expensive than Thailand's 12.4. The Philippines is trading at 13.4, while Singapore and Malaysia are trading at 14.0, Thomson Reuters StarMine data showed. |
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Bon3260
Supreme |
16-Nov-2010 22:18
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Dun b surprised if Healthy Corrections Stage-2 has postponed... If STI 3,200pts can hold a few days / wk...
('',)
Shd b expecting sm latest gd news later... I hope...
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boyikao3
Master |
16-Nov-2010 16:03
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I think very few actually...
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niuyear
Supreme |
16-Nov-2010 16:01
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There wont be a massive sell down like that 2 yrs ago where sub-prime crisis took place.
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niuyear
Supreme |
16-Nov-2010 15:58
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How many % of them turned out to be distinguished and learned individual?
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des_khor
Supreme |
16-Nov-2010 15:37
![]() Yells: "Tell me who is the God or MFT from this forum??" |
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Mee Pok dry or Mee Kia soup ?? | ||||||||||||||||||
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bishan22
Elite |
16-Nov-2010 15:35
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Been telling people to keep portfolio lean.(Oct correction) Hope some had heeded and join me for the buffet now. Good luck. ![]()
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iPunter
Supreme |
16-Nov-2010 15:24
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Though many have been fearful in the last 2 days, many are still not fearful yet... This is the reason why trends occur... When batches after batches of people become fearful in stages, that is how a downtrend gradually takes shape...
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bishan22
Elite |
16-Nov-2010 15:15
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Ho say liao... I'm spoilt for choice to pick up stocks. Will do it after the holiday. Good luck. ![]() |
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SGG_SGG
Master |
16-Nov-2010 15:08
![]() Yells: "karma karma karma chameleon" |
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Yah Bon, I remember you posted the due correction.. WOw.. look at the USD climb on news of China's measures to curb inflation and commodities prices. Eeeks! |
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Bon3260
Supreme |
16-Nov-2010 14:43
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iPunter, Since 08-Nov-2010 (Mon) I oredi warned pple here liao... Not couple of days ago... ('',)
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SGG_SGG
Master |
16-Nov-2010 14:42
![]() Yells: "karma karma karma chameleon" |
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Take motion tablets.. works pretty good. I popped a few just now. haha~
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noobnoob
Senior |
16-Nov-2010 14:42
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yup... closed everything... don see anymore... see again in dec or early next yr.. to see dead or alive... lol
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iPunter
Supreme |
16-Nov-2010 14:38
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Yes, a gentle glide down is enough to give your head a lot of turbulence and nausea.. ![]() |
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SGG_SGG
Master |
16-Nov-2010 14:37
![]() Yells: "karma karma karma chameleon" |
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Soft landing for fuel is okie... just don't crash landing like Sept11 can already! See your name I get nightmares.. heheheheh... can change to MerryXmas anot?! haha~
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