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STI to cross 3000 boosted by long-term investors

KuaiLAN
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02-Jul-2010 09:35

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Yells: "If you are not naughty, you are not normal"

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"WHEN Nobel Prize-winning economist Paul Krugman writes an entire column making the case for why the United States is not Greece, you can certainly smell the fear from across the world".

iPunter ( Date: 01-Jul-2010 23:28) Posted:

It's not a matter of recovering later...

It is the trend that matters...

The Dow was even -138pts.... Smiley

risktaker ( Date: 01-Jul-2010 22:58) Posted:

relax :) Later might recover l

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KuaiLAN
Member

02-Jul-2010 09:31

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Yells: "If you are not naughty, you are not normal"

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people forget US market was still RED at the close. Everyone is waiting for the death cross, so someone is betting heavily on the Singapore market because of the low volume. Market is always right, it will go where it suppose to go. There being no other interpretation.

sometimes the STI leads the US market, sometimes lagging but they are synchronised. US market is always broke below the February's low, so it is not clear which market is correct??

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iPunter
Supreme

02-Jul-2010 08:23

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He may be right ...

But he appears to imply he's 100% right...

If that is so, then why not bet everything he has on it?...

hehehe... Smiley

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pointer
Senior

02-Jul-2010 08:07

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He may be right.

US market trimmed losses towards the end.

victorf ( Date: 01-Jul-2010 16:47) Posted:

as always, we will let the Market prove who is Right or Wrong....no hindsight with precise call....good luck :)

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louis_leecs
Elite

01-Jul-2010 23:30

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Yells: "half cash"

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US MARKET VERY UNCERTAIN,,,,BOA HIGHT LOW 1434-1350...CITIBANK 3.86-3.62,,,,,,,,,LOOK LIKE BIG BOY ACTION ON HOLE GETTING SMALLL AND SMALLLL TO EXIT

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risktaker
Supreme

01-Jul-2010 23:28

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Yells: "Sometimes you think you know, but in fact you dont"

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If u can trade in US market - now is a good chance.

BOSAYOR

risktaker ( Date: 01-Jul-2010 23:16) Posted:

I think u guys should watch this and really understand whats going on.

http://www.cnbc.com/id/15840232?video=1534966542&play=1

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iPunter
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01-Jul-2010 23:28

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It's not a matter of recovering later...

It is the trend that matters...

The Dow was even -138pts.... Smiley

risktaker ( Date: 01-Jul-2010 22:58) Posted:

relax :) Later might recover la

iPunter ( Date: 01-Jul-2010 22:40) Posted:

The Dow is down another -102 pts...

There's sure to be some panic selling tomorrow... Smiley

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risktaker
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01-Jul-2010 23:16

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Yells: "Sometimes you think you know, but in fact you dont"

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I think u guys should watch this and really understand whats going on.

http://www.cnbc.com/id/15840232?video=1534966542&play=1

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178investors
Veteran

01-Jul-2010 22:59

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king solomon was known for his wisdom. you live up to his namesake.

soloman ( Date: 01-Jul-2010 20:29) Posted:

WE ARE MOVING MORE AND MORE INTO THE SEP - OCT FEARFUL MONTHS .................

INTEREST RATES RISES ARE ALSO COMING AND YET THEY HAVE NO MORE TIME LEFT ............

THE WORST IS COMING IN THE NEXT FEW MONTHS ........................

DO NOT WANT TO HOLD ANYTHING WHEN OCT COMES ............................

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risktaker
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01-Jul-2010 22:58

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Yells: "Sometimes you think you know, but in fact you dont"

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relax :) Later might recover la

iPunter ( Date: 01-Jul-2010 22:40) Posted:

The Dow is down another -102 pts...

There's sure to be some panic selling tomorrow... Smiley

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178investors
Veteran

01-Jul-2010 22:55

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wah brother, you leading the great singapore bear charge! well done. The bigboys will help you to reach 2663 after the world cup, hopefully.

ozone2002 ( Date: 01-Jul-2010 22:16) Posted:

just go STI or nikkei or HSI warrants

if got P in the share name it's a put warrant..

C it's a call warrant..

hope u all wake up from the dream that the markets will go up..

put warrant all the way to 2663.......

niuyear ( Date: 30-Jun-2010 08:48) Posted:

Ozone, how you 'put warrants'? Can share? tks.

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iPunter
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01-Jul-2010 22:40

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The Dow is down another -102 pts...

There's sure to be some panic selling tomorrow... Smiley

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ozone2002
Supreme

01-Jul-2010 22:16

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just go STI or nikkei or HSI warrants

if got P in the share name it's a put warrant..

C it's a call warrant..

hope u all wake up from the dream that the markets will go up..

put warrant all the way to 2663.......

niuyear ( Date: 30-Jun-2010 08:48) Posted:

Ozone, how you 'put warrants'? Can share? tks.

ozone2002 ( Date: 29-Jun-2010 22:51) Posted:

Dow
-243.88
9,894.64
-2.41%
Nasdaq
-66.51
2,154.14
-3.00%
S&P 500
-27.53
1,047.04
-2.56%
PUT WARRANTS IN THE MONEY =)

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iPunter
Supreme

01-Jul-2010 22:00

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It looks like the Dow is going to have another 'pengsan' day again...

Things are looking really bad for the market... Smiley

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freeme
Elite

01-Jul-2010 21:54

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judging from the sti chart, macd gg to cross down, rsi near 70% and 50MA cross below 100MA. Sti in short term will be head down. This is in line with a rally once earning reporting start in end july.

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E-war
Veteran

01-Jul-2010 20:35

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Feeling I'm getting from reports are that the Eur banks stronger than many think? How does that figure in the larger scheme of things...

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soloman
Master

01-Jul-2010 20:29

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cheerfully
Member

01-Jul-2010 19:17

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Electricity going up is not due to oil price but ... read for yourself ...as extracted from CNA webpage

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Electricity monitor

SINGAPORE: Households will pay more for their electricity tariffs from July to September.

SP Services says that the electricity tariffs for households will go up by 0.57 cents per Kilowatt-hour to 24.13 cents per kWh, an increase of 2.4 percent.

It is the fifth consecutive quarter of increase.

On average, families in four-room HDB flats will pay about
S$2.33 more a month.

SP Services says the average fuel oil price over the last three months remained stable at about S$102 per barrel.

However, the non-fuel components of the tariff have increased due to higher capital and operating costs of power generation.

The tariff also includes an adjustment for under-collection in the previous quarter.

- CNA

beruangface ( Date: 01-Jul-2010 17:44) Posted:

my house opposite chicken rice stall still charging the same price but lesser chicken cos the owner busy watching world cup, no time to cook, this is inflation due to laziness, other than this, I dont see any significant inflation in Singapore, COE is gg down, housing price is gg down, but electricity is gg up due to oil price is gg up but this is not sustainable as oil price is gg down soon

178investors ( Date: 01-Jul-2010 17:31) Posted:

Below extracted from Jim Rogers in a recent interview. He says inflation is already here. Just that govts around the world (think that include ours as well) "lie" about it. Read Rogers' we have inflation now'....

'We Have Inflation Now'

Prices are creeping up all over the world but some governments "lie" about inflation, according to Rogers.

"We have inflation now. Everybody who shops knows there is inflation… prices are going up," he said.

The US and the UK are among governments who "lie" about inflation, while Australia, China and Norway – countries that tightened monetary policy – are facing up to it, he added.

"My investment outlook is I am long commodities and short stocks. I don't own stocks in any place at all," Rogers said.

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artng25
Senior

01-Jul-2010 18:25

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Guess who has to carry the burden of all this policies ? The man on the street ! They try to solve one problem and we end up with another. Sigh ! What will the reasonable person do ????

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beruangface
Senior

01-Jul-2010 17:44

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178investors ( Date: 01-Jul-2010 17:31) Posted:

'We Have Inflation Now'

Prices are creeping up all over the world but some governments "lie" about inflation, according to Rogers.

"We have inflation now. Everybody who shops knows there is inflation… prices are going up," he said.

The US and the UK are among governments who "lie" about inflation, while Australia, China and Norway – countries that tightened monetary policy – are facing up to it, he added.

"My investment outlook is I am long commodities and short stocks. I don't own stocks in any place at all," Rogers said.

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