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STI to cross 3000 boosted by long-term investors
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rickyw
Master |
27-Oct-2010 13:00
Yells: "keep happy..." |
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x 0 Alert Admin |
their action can be read now...
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des_khor
Supreme |
27-Oct-2010 12:37
Yells: "Tell me who is the God or MFT from this forum??" |
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Later our friend will say buy on dip again..... | ||||||||||||||||||
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Bon3260
Supreme |
27-Oct-2010 12:23
Yells: "Ooo Ooo Aaa Aaa!" |
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x 0 Alert Admin |
Since still got time now... Better say gd bye to STI 3,000pts 1st...
Bye bye STI 3,000pts... : (
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Bon3260
Supreme |
27-Oct-2010 11:47
Yells: "Ooo Ooo Aaa Aaa!" |
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McDonald's 1st px $80k got pple won liao... : ( |
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pharoah88
Supreme |
27-Oct-2010 09:55
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ozone2002
Supreme |
25-Oct-2010 21:21
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SGX kenna whacked big time..close 8.95.. profit another 50c.. shiok.. looking at the chart more further downside to come..=)
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risktaker
Supreme |
24-Oct-2010 19:59
Yells: "Sometimes you think you know, but in fact you dont" |
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--- Start Buying --- This coming week. We will focus hard on commodities !! Some Commodities counter will up 10-20%. Lets hope you buy the right counter. HUAT AH |
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bishan22
Elite |
24-Oct-2010 10:46
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Expected to have more selling next week. Better to take some profit off the table. Good luck. 
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junction
Senior |
24-Oct-2010 09:17
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You are one of the better forerunners in this forum. It is without bias but purely interpreting from Jap candlestics using Chart Nexus, if I am not mistaken. Keep it up.
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scotty
Senior |
24-Oct-2010 08:37
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market flat tomorrow | ||||||||||||||||||
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lowchia
Veteran |
23-Oct-2010 22:09
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Technical Analysis on STI STI index has close below the resistance of 3200 as traders began to take profit ahead. Important points to note 1) In weekly charts, a black candle sticks with lower shadow affirm to profit taking is in progress. 2) The weekly trading volume falls as more investors keep at sideline due to “value” of stocks is less attractive. 3) MACD and RSI indicators are bullish though RSI already at “overbought” region. 4) STI is currently resisted by 28 months high resistance at 3200 5) Support at 3162 will be a critical as its hold the market for the past 2 weeks. Selling pressure likely to be triggered if STI falls below this value at high volume. Important resistance of STI: 3268 (Daily charts) Immediate Support of STI: 3200 (Daily charts) MY tactics: READ MORE |
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lawcheemeng
Master |
23-Oct-2010 10:54
Yells: "fly me to the mooon" |
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European Stocks Rise for Third Week After Earnings Reports; Nokia Advances By Sarah Jones - Oct 23, 2010 7:00 AM GMT+0800 * * Tweet * LinkedIn * Share o Business Exchange o Buzz up! o Digg * Print * Email European stocks climbed for a third week, the longest stretch of gains since June, as companies from Nokia Oyj, the biggest maker of mobile phones, to Danone and Ericsson AB reported results that topped analysts’ estimates. Nokia gained 2.8 percent after posting its first profit to beat forecasts since last year. Danone, the world’s biggest yogurt maker, rallied 3.9 percent while Ericsson advanced 4.6 percent in Stockholm. Basic-resource stocks limited gains after China unexpectedly raised interest rates. The Stoxx Europe 600 Index rose 0.4 percent to 266.75 this week. The gauge has advanced 2.7 percent so far this month on better-than-expected earnings and optimism the Federal Reserve will announce another round of asset purchases in November to bolster the economic recovery. “We are beginning to get some bullish noise from Europe,” said London-based Andrea Williams, who helps manage about $1.1 billion at Royal London Asset Management. “Earnings numbers are being taken well by the market and valuations are supportive for equities. The cloud overhanging the market is the fear of slowing growth in China.” National benchmark indexes rose in all 18 western European markets except Iceland and the Netherlands this week. Germany’s DAX Index rose 1.7 percent, the U.K.’s FTSE 100 Index increased 0.7 percent and France’s CAC 40 Index advanced 1.1 percent. Beaten Estimates Of the 46 companies in the Stoxx 600 to have posted results since Oct. 7, 32 have beaten estimates for per-share income, according to data compiled by Bloomberg. In the U.S., 113 of the 132 Standard & Poor’s 500 Index companies that have announced results this earnings season topped predictions. Nokia reported third-quarter profit of 529 million euros ($740 million) and sales of 10.3 billion euros as the mobile phone maker sold more smartphones. The Finnish company also plans to cut 1,800 jobs globally. Danone reported a 15 percent rise in third-quarter sales to 4.35 billion euros, topping forecasts. The company also announced it will buy back 500 million euros of stock. Ericsson, the world’s largest maker of wireless networks also exceeded analysts’ estimates, reporting third-quarter profit of 3.68 billion kronor ($553 million) as phone operators in North America more than tripled spending. Raised Targets Among auto-related stocks, Valeo SA soared 16 percent as France’s second-largest auto-parts supplier increased its full- year operating margin forecast after sales in the third quarter jumped 22 percent. Fiat SpA also climbed after the Italian carmaker raised its profit and sales targets for 2010. The shares gained 2.9 percent in Milan. Volkswagen’s preferred shares climbed 5 percent as Europe’s largest carmaker more than tripled nine-month operating profit to 4 billion euros, beating analyst projections. Shares of Porsche SE limited gains in the industry, slumping 9.5 percent, on concern Volkswagen may put on hold a merger with the sports-car maker for next year to first resolve U.S. lawsuits and German tax disputes. Outokumpu Oyj led a selloff in basic resource companies, slumping 10 percent after the Finnish steel maker reported a wider-than-expected third-quarter loss of 56 million euros. China Rates Copper producers Vedanta Resources Plc, Kazakhmys Plc and Antofagasta Plc all lost more than 2 percent after the People’s Bank of China raised its lending and deposit rates for the first time since 2007. China is the world’s largest user of the metal. Credit Suisse Group AG fell 2.6 percent after Switzerland’s second-largest bank reported a 74 percent decline in third- quarter profit and a 41 percent slump in trading revenue. Actelion Ltd. dropped 11 percent after Chief Executive Officer Jean-Paul Clozel said the drugmaker’s “future is to remain independent.” The shares had soared more than 30 percent prior to the announcement this month amid takeover speculation. Stagecoach Group Plc jumped 12 percent, leading a rally in bus operators after the U.K. government retained fuel subsidies for the companies amid the country’s deepest-ever budget cuts. SKF AB surged 14 percent as the world’s largest ball bearing maker more than tripped third-quarter profit and agreed to buy Lincoln Industrial Corp. for $1 billion to tap demand for equipment in North America and Asia. BlueBay Asset Management Plc soared 30 percent after Royal Bank of Canada, the country’s biggest lender, agreed to buy the U.K. firm for 963 million pounds ($1.5 billion) as it seeks to become one of the world’s top 10 wealth managers. To contact the reporter on this story: Sarah Jones in London at sjones35@bloomberg.net. To contact the editor responsible for this story: David Merritt at dmerritt1@bloomberg.net. * * Tweet * LinkedIn * Share o Business Exchange o Buzz up! o Digg * Print * Email Related Videos ‹ Prev 1 of 2 Next › Play VideoPiper Jaffray's Munster Interview Play VideoSculley Says Apple Made `Wrong Choice' in Picki… Play VideoUBS's Golub Interview About Dollar Play VideoMackinnon on U.K. Economy Oct. 13 Related News * Europe · * France · * Germany · * Italy · * Stocks Sponsored Links "FOREX.com – Learn the ABC’s of Currency Trading Sign Up for a Free $50,000 Practice Account Today!" More Stories * G-20 Will Pledge to Refrain From Competitive Devaluations at Korea Meeting Updated 1 hour ago * Greece Must Spur Building to Escape `Bermuda Triangle,' Ex-Minister Says Updated 3 hours ago * U.K. Growth Pace Probably Slowed to 0.4% in the Third Quarter on Spending Updated 3 hours ago More News » Advertisement Market Snapshot * U.S. * Europe * Asia Ticker Price Price Delta Dow 11132.60 -14.01 (-0.13%) S&P 500 1183.08 +2.82 (0.24%) Nasdaq 2479.39 +19.72 (0.80%) Ticker Price Price Delta STOXX 50 2873.74 -8.55 (-0.30%) FTSE 100 5741.37 -16.49 (-0.29%) DAX 6605.84 -5.17 (-0.08%) Ticker Price Price Delta Nikkei 9426.71 +50.23 (0.54%) TOPIX 824.88 +4.48 (0.55%) Hang Seng 23517.50 -131.94 (-0.56%) Stocks on the Move Most Popular Stories * G-20 Nations Split Over Geithner's Trade Plan * Google 2.4% Rate Shows How $60 Billion Lost to Tax Loopholes * Murdoch Son Also Rises as Shareholders Study CEO Succession * U.S. Stocks Fluctuate as Earnings Offset Currency Concerns More Most Popular Stories » Advertisements Sponsored Links Last update: 10:35 PM ET, Oct 22 | ||||||||||||||||||
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AK_Francis
Supreme |
23-Oct-2010 02:06
Yells: "Happy go lucky, cheers." |
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Ha ha, just back home with kakis for Carlsbergs. Wonderful retired life. Hope can live further to enjoy d way to be loh. MPV got liao, but small family like AK, dun need that lah. Nissan now can alrdy. Moreover, AK drinks everyday, where got chance to drive, let son use my car loh. Cheers.
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Zhiwei
Senior |
23-Oct-2010 01:56
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Uncle AK, U r so humble.. Carlsberg simply "sap sap siu" (cantonese- affordable) for you lar... U aim for your MPV right! hope to see you with your new "wife" posted in your facebook this yr end lor... cheers & huat arr..
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krisluke
Supreme |
22-Oct-2010 21:21
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x 0
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buy on dip is wiser than T+3 you will benefit more if the chip turns blue one day. |
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krisluke
Supreme |
22-Oct-2010 21:17
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Historically, Commodities and properties outshine others in October. After this follows by bank sector and tourism. Bank sector always lead the benchmark. : ) |
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AK_Francis
Supreme |
22-Oct-2010 21:15
Yells: "Happy go lucky, cheers." |
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Wah, lucky person, got yr end bonus ah! AK jobless, where got bonus. Ha ha must tag along with those who r going to collect bonus in Dec, for Carlsberg liao. Good luck, cheers.
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iwonder
Veteran |
22-Oct-2010 21:13
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When market is sideways, small cap will be active...the blue chips has already run Now is for mid cap and pennies......to do the catch up
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Zhiwei
Senior |
22-Oct-2010 21:08
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x 0
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Bonbon (OJG) sure bo? mid/small cap wun received so soon. need more patient. hopefully my year end bonus all "Kao Sai Kwei" (cantonese- rely on them)
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Bon3260
Supreme |
22-Oct-2010 20:48
Yells: "Ooo Ooo Aaa Aaa!" |
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STI drop actually's gd. Cos we'll c all Top Gainers'll b Mid & Small Caps liao.
('',)
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