Goondosamy?!?!?!?!

Sell In May And Go Away? Probably right for 2010!

 “Sell in May and go away” is common saying among the professional investor in the Wall Street.

 

There are some reasons on why we should sell in May for 2010.

1)      Inflation (CPI) has increased quite a bit over the last few months in this year thus China and Singapore will likely to tighten the policy on currency or interest rates soon.

2)      By mid of May, the announcement of GDP and all company earnings report will be completed.  Without these catalysts, stock price may fall since they are mostly far too ahead of the fundamentals especially in 2010.

3)      US markets has already rally for 8 consecutive weeks without a decent pullback. Bears are just waiting for the chance to strike.

4)      Property booms have caused concerns in both China & Singapore. Both governments are likely to implement more harsh policy to curb the property prices.

5)      Many concerns on Greece, Goldman Sachs etc are yet to solve and could develop into bigger issues as times goes.

6)      Currently STI display a “RSI divergence” on the weekly charts. The price keep rally but the momentum is failing downwards.

 

SEE CHARTS AND GRAPHS

What do you guys think? Bullish or bearish for the 2^nd quarter of 2010?

 

You don't like Shanghai  hairy crab, etc?

Somehow, I don't fancy Sushi (raw fish)

hehehe... 

BOY BOY!!!!That statement was way toooo smart!!! casino actually used to wash clothes arh haha

boyikao3      ( Date: 24-Apr-2010 12:47) Posted: This is crazy undue worries ! 2 casinoes are not too many at all. Casino operation have their ways to meet sales target and those from retail and entertainment definitely are not their main income. So you would say then that it is the gambling that will bring in their main income? But the answer is NO either ! I cannot be too explicit here, but just think of casinoes as legal "centres" for unaccounatble sums of money to become accountable, then u will get the idea... niuyear      ( Date: 24-Apr-2010 12:41) Posted: Are stock traders or rule makers in singapore have worry that  stock market in STI will be very much affected by the opening of the 2 casinos? 1) IT is said that MBS designed of the 3 tall towers are like 'Women wearing cheongsam with slits at each side' with their     beautiful hands open widely  to lure you to them. S'pore will  prosper having casinos?  I think LKY must have sleepless nights    from now on for retail  businesses are veyr much affected by the 2 hot casinos. 2) People start losing  interest in stock market and liquidate holdings to casino. 3) companies cant sustain and close down.   Is shorting down the market will do you good?

To those worry freaks:   Just leave the worries to the Gold smith shops and banks?  LOL!

Environmental worry -  When one loses money and drives, is this as dangerous as drunk driving?

boyikao3      ( Date: 24-Apr-2010 12:47) Posted: This is crazy undue worries ! 2 casinoes are not too many at all. Casino operation have their ways to meet sales target and those from retail and entertainment definitely are not their main income. So you would say then that it is the gambling that will bring in their main income? But the answer is NO either ! I cannot be too explicit here, but just think of casinoes as legal "centres" for unaccounatble sums of money to become accountable, then u will get the idea... niuyear      ( Date: 24-Apr-2010 12:41) Posted: Are stock traders or rule makers in singapore have worry that  stock market in STI will be very much affected by the opening of the 2 casinos? 1) IT is said that MBS designed of the 3 tall towers are like 'Women wearing cheongsam with slits at each side' with their     beautiful hands open widely  to lure you to them. S'pore will  prosper having casinos?  I think LKY must have sleepless nights    from now on for retail  businesses are veyr much affected by the 2 hot casinos. 2) People start losing  interest in stock market and liquidate holdings to casino. 3) companies cant sustain and close down.   Is shorting down the market will do you good?

Bank lending - It clud be due to Singapore government had released lands to developers last and this year?

Price-to-rent ratio indices - interesting,  US rental drop!! Its time for US to wake up!   US looks to me, they are far behind China.

Solar Power in China - most of solar power related manufacturing has come from China,

fiber optic has resulted in china being the most internet users in the world, and our friend US, is still copper buried down under..

2020 - China rules the world

warren_buffet      ( Date: 23-Apr-2010 15:57) Posted: SINGAPORE's future is in property; all the banks' monies are buried there.