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Latest Forum Topics / Straits Times Index  Post Reply
STI to cross 3000 boosted by long-term investors
iPunter
Supreme
01-Jul-2010 14:35     
 
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The Mexican Gulf leak itself is not a problem...

     In fact it is good for the economy,

        since there will be good business for a lot of salvage and reconstruction-related,

             financing, insurance etc operations.

The real worry is the market trend itself...

And hopefully the oceon oil leak will help to reverse the downtrend so that we all can be bullish again...  Smiley
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alooloo
Veteran
01-Jul-2010 14:26     
 
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Yells: "I am not young enough to know everything. "
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what i feel doesn't matter, but i really hope both of you correct...

my birthday coming...  hope everyone celebrate together...

 

Smiley



rickyw      ( Date: 01-Jul-2010 14:16) Posted:

I feel the same...next week will be green everywhere...

victorf      ( Date: 01-Jul-2010 13:53) Posted:

the market is just undergoing a correction for the past two weeks....it will pick up strength from today onwards....only fools will sell today at the current correction price (10 days ago still ok).....good luck :)
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Hulumas
Supreme
01-Jul-2010 14:24     
 
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Yells: "INVEST but not TRADE please!"
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 Alert Admin 		Congratulations.

iPunter      ( Date: 01-Jul-2010 12:06) Posted:



I had already swiftly dumped 2 days ago...

     saved me quite a bundle...

            hehehe... Smiley
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niuyear
Supreme
01-Jul-2010 14:18     
 
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The global leaders need to quickly look to Marine experts if  solutions to this oil spill disaster could be contained.  perhaps, find out which type of fish could suck up the oil in the ocean, and they should breed this types of species of fish as quickly as possible....



niuyear      ( Date: 01-Jul-2010 14:13) Posted:

The only biggest worry is stupid BP oil leakage.... if  the spill comes thru the ocean to singapore, our NEW WATER purifying system needs to be redesigned....

risktaker      ( Date: 01-Jul-2010 13:57) Posted:



The world cannot afford double dip like i previously say.

Therefore inorder to move out of this crisis completely. The world cannot reduce spending. Instead it has to maintain its spending and loose monetary policy till end of 2011.


1) China has taken its role in boosting its internal spending by raising its min wages. (The world should take this as a positive note)
2) The europe zone is not as bad as many has previously thought.
3) Singapore most likely grow @ double digit figures - Boost by our record number of visitors to our beautiful country.
4) Water Stocks will be in focus for 2010 :) - Water has been seriously polluted in various part of the world and distorted weather pattern has worsen it. Water supply will be a problem to our future generation as the industrial & mining activities contiune to threaten our scared water supply.

Dow Jone will most likely move up tonight.

 
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rickyw
Master
01-Jul-2010 14:16     
 
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 Alert Admin 		I feel the same...next week will be green everywhere...

victorf      ( Date: 01-Jul-2010 13:53) Posted:

the market is just undergoing a correction for the past two weeks....it will pick up strength from today onwards....only fools will sell today at the current correction price (10 days ago still ok).....good luck :)
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niuyear
Supreme
01-Jul-2010 14:13     
 
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 Alert Admin 		The only biggest worry is stupid BP oil leakage.... if  the spill comes thru the ocean to singapore, our NEW WATER purifying system needs to be redesigned....

risktaker      ( Date: 01-Jul-2010 13:57) Posted:



The world cannot afford double dip like i previously say.

Therefore inorder to move out of this crisis completely. The world cannot reduce spending. Instead it has to maintain its spending and loose monetary policy till end of 2011.


1) China has taken its role in boosting its internal spending by raising its min wages. (The world should take this as a positive note)
2) The europe zone is not as bad as many has previously thought.
3) Singapore most likely grow @ double digit figures - Boost by our record number of visitors to our beautiful country.
4) Water Stocks will be in focus for 2010 :) - Water has been seriously polluted in various part of the world and distorted weather pattern has worsen it. Water supply will be a problem to our future generation as the industrial & mining activities contiune to threaten our scared water supply.

Dow Jone will most likely move up tonight.

 
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risktaker
Supreme
01-Jul-2010 13:57     
 
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The world cannot afford double dip like i previously say.

Therefore inorder to move out of this crisis completely. The world cannot reduce spending. Instead it has to maintain its spending and loose monetary policy till end of 2011.


1) China has taken its role in boosting its internal spending by raising its min wages. (The world should take this as a positive note)
2) The europe zone is not as bad as many has previously thought.
3) Singapore most likely grow @ double digit figures - Boost by our record number of visitors to our beautiful country.
4) Water Stocks will be in focus for 2010 :) - Water has been seriously polluted in various part of the world and distorted weather pattern has worsen it. Water supply will be a problem to our future generation as the industrial & mining activities contiune to threaten our scared water supply.

Dow Jone will most likely move up tonight.

 
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victorf
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01-Jul-2010 13:53     
 
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 Alert Admin 		the market is just undergoing a correction for the past two weeks....it will pick up strength from today onwards....only fools will sell today at the current correction price (10 days ago still ok).....good luck :)
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beruangface
Senior
01-Jul-2010 12:40     
 
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Dear Datuk Experts,

What's the direction of the stock market now? Are we heading for a double dip or just a mere correction in short term? Please advise.

Thanks

 
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iPunter
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01-Jul-2010 12:25     
 
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Looks like there will not be much meaty juicy-juicy peaks to ride down...

     There was a good chance yesterday, though...

          You should have gotten in (short) yesterday...


                     hehehe... Smiley
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alexchia01
Elite
01-Jul-2010 12:19     
 
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Good for you.

I would have clear all by yesterday, but was away in the afternoon.

Also good lah. ChinaAniH unexpected jump today, if clear all yesterday, would have missed this gain.

Will clear some more today, except ChinaAniH, C&O Pharm & SembCorp.

Overall, still make a small profit. Smiley

Good luck to you.



iPunter      ( Date: 01-Jul-2010 12:06) Posted:



I had already swiftly dumped 2 days ago...

     saved me quite a bundle...

            hehehe... Smiley
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pharoah88
Supreme
01-Jul-2010 12:13     
 
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BEAR

BARE
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iPunter
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01-Jul-2010 12:06     
 
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I had already swiftly dumped 2 days ago...

     saved me quite a bundle...

            hehehe... Smiley
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alexchia01
Elite
01-Jul-2010 11:58     
 
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Yes, I sold 30% of my holdings and will continue to sell more today.

The market is still Bearish.



monk999      ( Date: 30-Jun-2010 17:58) Posted:

Hi Alex, did you manage to sell some or did you wait for end of day close? How do you consider today close? Did it weaken yesterdays bearish signal?

alexchia01      ( Date: 30-Jun-2010 12:22) Posted:

Yesterday's STI falls is a major event. It's a strong Bear Signal.

It was trigger by the Conference Board revising China's economic index from 1.7% to 0.3%.

Market is now worry about China's Slowing Growth and Property Bubble, Europe Sovereign Debt Crisis, and US Poor Recovery Data.

I'm expecting STI to draft lower from now on.

I'm already starting to sell some of my counters and taking whatever profits I can.

The Bear is Back.

I was hoping this Bull can stay until end of World Cup, but seems like it wants to leave early.

We'll see how the events fold in the couple of weeks, but I don't expect much up lifting until Aug.

Good luck to all.
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Laulan
Master
01-Jul-2010 11:52     
 
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 Alert Admin 		Terrible day.  Half day session ending in  less than one hour and market value traded is less the $500 million.  Should rename our Stock market index as SingPoor market. Hahaha.
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nickyng
Supreme
01-Jul-2010 10:20     
 
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 Alert Admin 		haha...ya...this time round CONTRA chances !! :P

iPunter      ( Date: 30-Jun-2010 21:30) Posted:



NickyNg should be coming alive now...

   with meaty opportunities...


        hehehe... Smiley
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cyjjerry85
Elite
01-Jul-2010 10:09     
 
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 Alert Admin 		hmmmm.......................................................................................

victorf      ( Date: 01-Jul-2010 09:58) Posted:

the past week performance of market shows that it decides to stay in "NEUTRAL and BUY ON DIP" category....not "SELL INTO STRENGTH"....(we have 3 categories for the trend)....not much meat for shortists after today....remember Market is always RIGHT!!!
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boyikao3
Master
01-Jul-2010 10:08     
 
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 Alert Admin 		After Tiger beer, I oso treat u go geylang massage...Smiley

Bon3260      ( Date: 01-Jul-2010 09:00) Posted:

Boyikao3,

I din angry lah... U treat me Tiger Beer?

On lah!!!

('',)



boyikao3      ( Date: 01-Jul-2010 08:37) Posted:

Dun be angry lah uncle Bon. I treat you Tiger beer lah...Smiley
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victorf
Master
01-Jul-2010 09:58     
 
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 Alert Admin 		the past week performance of market shows that it decides to stay in "NEUTRAL and BUY ON DIP" category....not "SELL INTO STRENGTH"....(we have 3 categories for the trend)....not much meat for shortists after today....remember Market is always RIGHT!!!
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Bon3260
Supreme
01-Jul-2010 09:00     
 
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Boyikao3,

I din angry lah... U treat me Tiger Beer?

On lah!!!

('',)



boyikao3      ( Date: 01-Jul-2010 08:37) Posted:

Dun be angry lah uncle Bon. I treat you Tiger beer lah...Smiley

Bon3260      ( Date: 01-Jul-2010 08:16) Posted:

Chey!

I dot u noe sth... Waste my time...

 

('',)
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