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STI to cross 3000 boosted by long-term investors
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Farmer
Master |
21-Jun-2010 17:04
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niuyear
Supreme |
21-Jun-2010 16:14
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hi Hulumus, long time never post? Go banks there and keep on laughing izzit? hahahha! your buying on dip paid off.
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des_khor
Supreme |
21-Jun-2010 16:06
Yells: "Tell me who is the God or MFT from this forum??" |
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You see... now Bear people go to hike liao.... Bull people start to take over... hahaha ! | ||||||||
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ozone2002
Supreme |
21-Jun-2010 15:55
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sell everything and go into hiding..
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Hulumas
Supreme |
21-Jun-2010 15:53
Yells: "INVEST but not TRADE please!" |
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SSE >6,000 and STI >3,800, soon!
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niuyear
Supreme |
21-Jun-2010 15:34
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i second that. :)
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alooloo
Veteran |
21-Jun-2010 15:27
Yells: "I am not young enough to know everything. " |
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Good job / good call...
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victorf
Master |
21-Jun-2010 15:11
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laughing to the bank now since we reverse our position to a "Buy On Dip" on 25th/26th May 2010 from "Sell Into Strength" on Feb/March 2010...today volume with upside bodes well for STI for this week....good luck :) NO HINDSIGHT! NO AMIBIGUITY IN CALL! AND REMEMBER MARKET IS ALWAYS RIGHT!!!
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Salute
Master |
21-Jun-2010 14:21
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ever attend the AGM of Juken. it's said that it has good quality tool for the car that outperform other car part dealers in China and I think they bought also a small company in Europe and it's said that their parts are fancied by China rich and they have very good connection with a china local company which carries and distribute their goods and the creditability is sound. Anyone reads about it's Annual report. I am hopeless the CEO explained to me the motor that the have but can't remember. I think it's sometimes to do speed... can someone check it out and contribute more......:) |
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niuyear
Supreme |
21-Jun-2010 14:20
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wouldnt you think the rally will last for a while and push the asian stocks into a new high? wont be so far become shark's food lar.... |
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ozone2002
Supreme |
21-Jun-2010 13:02
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gotta think 1 step ahead of the game.. if not u end up as shark food Asian stocks up after China currency announcementAsian stocks rise after China announces the end of its 2-year-old peg to the dollar 
In this Nov. 17, 2009, file photo, a bank clerk stacks up renminbi banknotes at a bank in Hefei in central China's Anhui province. China's central bank promised Saturday June 19, 2010, to allow more exchange rate flexibility, suggesting a possible break from the Chinese yuan's two-year peg to the U.S. dollar, but it ruled out any large-scale appreciation. (AP Photo/File) On Monday 21 June 2010, 11:11 SGT
SHANGHAI (AP) -- Asian stock markets rose early Monday after China ended its two-year peg to the dollar over the weekend, though there was no immediate change in the yuan's exchange rate. Japan's benchmark Nikkei 225 stock index gained 146.33 points, or 1.5 percent, to 10,141.35. South Korea's Kospi rose 1.5 percent to 1,737.12, and Australia's S&P/ASX 200 was up 1.4 percent at 4,616.20. China's main share benchmark, the Shanghai Composite Index, added 0.8 percent to 2,534.08, while Hong Kong's Hang Seng index climbed 2.1 percent to 20,702.33. The Hang Seng was led by heavyweights such as China Life Insurance, which advanced 2.7 percent and Bank of China, up 2.3 percent. The official exchange rate for China's currency stood unchanged Monday morning in line with the central bank's warning the value of the yuan would not dramatically rise after its two-year peg to the dollar ended. The People's Bank of China left the yuan's parity rate against the U.S. dollar unchanged Monday at 6.8275, the official Xinhua News Agency said. The rate is a weighted average of prices given by market makers, excluding highest and lowest offers. "The Chinese side announcing the possibility of greater flexibility for the renminbi, which raises hopes for reminbi appreciation and gives more impetus to Hong Kong stocks," said Ben Kwong Man Bun, chief operating officer at KGI Securities in Hong Kong, using the other Chinese term for its currency. The impact of any change in the yuan's value will be mixed, he noted, with exporters likely to suffer and importers and airlines, whose debts are denominated in U.S. dollars, gaining. The yuan's value has been pegged to the U.S. dollar for two years, causing friction with countries who say it is undervalued for China's own benefit. A stronger yuan would make Chinese exports more expensive and bring relief to foreign manufacturers that have struggled to compete. Beijing has long refused to allow the yuan to float and denied accusations it is unfairly undervalued. The central bank said it would rely more on a basket of currencies that includes the U.S. dollar to determine the exchange rate, rather than the dollar alone. In currencies, the dollar rose to 90.47 yen in Tokyo on Monday morning from 90.36 yen in New York late Friday. The euro stood at $1.2432, little changed from $1.2435. |
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E-war
Veteran |
21-Jun-2010 12:51
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Hmm, interesting, didn't really factor in yuan movement. Thks for the reminder.
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ozone2002
Supreme |
21-Jun-2010 11:49
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yes dig them all out.. it'll be good to share.. i won't know all.. i only know those famous ones thatthe analyst highlight.. |
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Salute
Master |
21-Jun-2010 11:45
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why not sinomen. It has lots of BOT in china too, no? As it's still 53cts
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ozone2002
Supreme |
21-Jun-2010 11:43
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dig out those S chips who earn in RMB... will definitely benefit from the yuan appreciation.. so faar yanlord, midas,utd, yzj, cosco had made upward movements in their stock prices..
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alexchia01
Elite |
21-Jun-2010 10:49
Yells: "Catch The Stars And Ride With Them" |
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China ending its Yuan peg to US dollars is what US has been pushing for. This is the start of a Strong Rally, at least until the end of World Cup. |
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alooloo
Veteran |
21-Jun-2010 10:39
Yells: "I am not young enough to know everything. " |
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WE??
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ozone2002
Supreme |
21-Jun-2010 10:34
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We maintain our view of 2900 rebound potential for the STI before hitting resistance. However, we are mindful that the short-term market breadth indicator rose to very near extreme overbought levels last week, which typically forewarns of an index pullback. Thus, short-term traders may continue to ride the rebound higher but should look to lock in gains close to
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alooloo
Veteran |
21-Jun-2010 10:33
Yells: "I am not young enough to know everything. " |
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Marking this to my notebook...
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ozone2002
Supreme |
21-Jun-2010 10:31
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how abt several clicks from 1 counter only.. 
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