Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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Blastoff
Elite |
01-Dec-2008 09:18
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Agreed. All markets are inter-link in one way or another. When one goes down, the likelihood of other markets going down is there. ![]()
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Blastoff
Elite |
01-Dec-2008 09:15
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Current volume around 65m, very low, look like it is going to be a quiet day. STI currently down as well, let's see whether HSI open higher or lower... | ||||
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ozone2002
Supreme |
01-Dec-2008 09:08
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Dow's rise is on decline vol.. don't look too good.. STI may fall.. | ||||
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idesa168
Elite |
01-Dec-2008 08:57
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STI dun just follow one mkt. Nikkei down due to developer bankruptcy news. One may look further than that to determine STI's opening. The DJ Futures and Australia for clues...they are currently all down.
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Blastoff
Elite |
01-Dec-2008 08:53
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Nikkei currently down, hope STI don't follow suit. ![]() |
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jackjames
Elite |
01-Dec-2008 08:45
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Go and watch Cape No.7 movie, it is very nice! heeee..... their music and songs are all at youtube, cool.. | ||||
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AK_Francis
Supreme |
01-Dec-2008 00:38
![]() Yells: "Happy go lucky, cheers." |
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AK opines that, in Dec if u got time, go holiday with families, but not India and Thailand. Howerver, u may consider avoid conjested areas during X.mas period. Just observation over issues over India incidences, lately. Light candles at home equally well at other places loh, for safty. AK view only, no panic call. |
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idesa168
Elite |
30-Nov-2008 22:13
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All I know last week's rise was due to month-end window dressing by hedge funds. It should end tomorrow and I am expecting the mkt to cometerm with the reality and "decoding" the economical numbers, which unfortunotnatedly not so rosy. STI and HSI had been rising for straight 4-5 days last week. It's almost time they make u-turns, starting tomorrow. So folks, dun be too complacent with last week's "mini" bull which I think it's just a bear trap. It's time to take some $$ off the table. It could be bloody next week. Bad posts!....I can't be too much of worries. It's not my first and will not be my last. So why bother too much of it. |
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OneSharer
Veteran |
30-Nov-2008 17:04
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Hi singaporegal
Appreciate the reply. Don't worry; I know you already expected bad ratings prior to posting. To me, this is not about bad/good ratings but discouraging/appreciating valid perspectives. (I dare not claim innocent cos, at times, we can be an emotional bunch). This is about what we want SJ to be.
One of the reasons I am here (SJ) is to get info/perspectives on the market to help me form my view. But lately, things just seem different. I notice some shi-fu don't post anymore. (What would they gain by posting? Appreciation?) Watching the good/bad ratings was sort of fun in the past...to see people supporting such and such view...sort of an indicator, I guess. But now, you only need to look at the good/bad ratings and you'll be able to guess the content of the postings (i.e. good means bullish and bad means bearish).
So, what do we want SJ to be -- a forum to help us learn, grow, minimise losses, and hopefully make $? Or, a popularity forum -- vote for the perspective that we PREFER...at the expense of eliminating valid ones (the REAL shi-fu)? Just my opinion....
BTW, a belated "thank you" to you for the T.A. purist article. I esp appreciate the non-boring, down-to-earth writing style.
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stupidfool
Senior |
30-Nov-2008 15:16
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Agree that rate cut will hv impact 6 or so mths down the track. Meantime,the banks cut the FD rate and the poor depositor have very little interest as income.Mostly affected will be the retirees. |
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dcang84
Veteran |
30-Nov-2008 11:48
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Keep them coming Singaporegal.. You're doing a great. On the subject of rate cuts, it will have an impact 6-8 months down the road, very unlike fiscal stimulus. Unemployment figures are laggard indicators but under the dire consequences we are in I do agree it will provide insights on the deteriorating or improving heath of the US economy. As they say all road leads to America.
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singaporegal
Supreme |
30-Nov-2008 10:47
![]() Yells: "Female TA nut" |
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Hi Onesharer, Thanks for helping me. Its ok. I'm not really bothered by the bad posts... its expected that some people don't like to hear views that conflict with their own. Anyway, I still think interest rate cuts provide only short term relief. Like what you mentioned, there was a whole series of rate cuts in the past few months but nothing worked. It only caused a few dead cat bounces. What makes the current situation different? I don't see signficant global economic differences between now and 2-3 months ago. The current stock market is now really dependent on economic news. TA and FA analysis are now mostly thrown out of the window - those will work only in a stable environment. I think we have reached a bottom when I see these things happening - 1. Job figures start to improve 2. Retail spending increases 3. New housing numbers rise
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lookcc
Master |
29-Nov-2008 22:30
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yup, resultant of the 800 bln by fed. | ||||
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Livermore
Master |
29-Nov-2008 13:26
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From chart, STI looks heading higher next week. Let's see | ||||
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teeth53
Supreme |
28-Nov-2008 23:42
![]() Yells: "don't learn through life, learn to grow with life " |
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Just for info sharing...TAMASICK "Si Bei Heng" http://sg.news.yahoo.com/afp/20081127/tts-us-finance-banking-takeover-merrill-972e412.html AFP - Thursday, November 27WASHINGTON (AFP) - - The Federal Reserve on Wednesday gave formal approval to Bank of America's acquisition of Merrill Lynch, the Wall Street icon battered by the housing and credit crisis. The 50-billion-dollar stock acquisition had been announced in September at the same time rival Lehman Brothers collapsed and fears were rising over the survival of Merrill, the brokerage giant with the bull sculpture outside its Wall Street headquarters. On finalizing the deal, Bank of America would bolster its position as the largest US banking and financial firm with assets of 2.7 trillion dollars. Bank of America, based in Charlotte, North Carolina, would control deposits of some 852 billion dollars, or 11.9 percent of the US total. | ||||
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cashiertan
Elite |
28-Nov-2008 23:21
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I have habit of not telling answer directly. if u can "decode" what i am trying say. u will know how to trade HSI and STI warrents with different views from normal trader..however keep to urself the answers if u know it..
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crimson
Senior |
28-Nov-2008 18:24
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Hi cashiertan, what do you mean when say "until HSI closes"? You meant tracking the European market?
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cashiertan
Elite |
28-Nov-2008 16:18
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I like to add few words at the back of ur sentence. "... until HSI closes." and guess what does HSI and STI tracks?
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carsem
Member |
28-Nov-2008 13:57
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No worry.....Normally, STI index will follow Hong Kong HSI trend....... | ||||
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Blastoff
Elite |
28-Nov-2008 11:20
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HSI still going strong, hopefully that will change STI direction. ![]() |
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