| Latest Forum Topics / Straits Times Index |
 Post Reply
|
|
STI to cross 3000 boosted by long-term investors
|
|
|
tanglinboy
Elite |
30-Aug-2007 20:58
Yells: "hello!" |
|
x 0
x 0 Alert Admin |
Alamak... one day good news, another bad news Wall Street worries about FedFutures still point to negative start despite strong GDP data, as investors ponder whether the central bank will cut rates; jobless claims rise faster than expected.LONDON (CNNMoney.com) -- U.S. stock futures were weaker Thursday despite encouraging data on the health of the economy as investors pondered whether the Federal Reserve will cut short-term interest rates. At 7:06 a.m. ET, Nasdaq and S&P futures were lower, pointing to a pullback for stocks at the open. |
| Useful To Me Not Useful To Me | |
|
newmoon
Veteran |
30-Aug-2007 11:19
|
|
x 0
x 0 Alert Admin |
Last night.s action on wall street was due to heavy short covering. Bernanke is making a statement on Friday- uncertain whether it is a another discount rate cut or fed fund rate cut . Report in asian wall street today. |
| Useful To Me Not Useful To Me | |
|
|
|
|
Manikamaniko.
Master |
30-Aug-2007 11:17
|
|
x 0
x 0 Alert Admin |
Today, many may want to sell on the rallies, but the also want good prices.. Not a nice picture to pure charting people! |
| Useful To Me Not Useful To Me | |
|
teeth53
Supreme |
30-Aug-2007 09:45
Yells: "don't learn through life, learn to grow with life " |
|
x 0
x 0 Alert Admin |
Cosco Dir sold shares....Sell into strength after share has run up liao... STI will still be effected by credit funding news... and also agree thing can buy or sell at cheaper price as all things is coimng down, but not cost of living......it is going up together with inflation rate. |
| Useful To Me Not Useful To Me | |
|
victorf
Master |
30-Aug-2007 09:34
|
|
x 0
x 0 Alert Admin |
US market moved up just as expected (walk the talk, and market is the best judge for anyone's call)...good luck :) |
| Useful To Me Not Useful To Me | |
|
|
|
|
soloman
Master |
29-Aug-2007 19:23
|
|
x 0
x 0 Alert Admin |
This is a whiplash effect due to shortists/hedge funds Lesson to all Spore investors is don;t sell, does who panic will suffer loss, Shortist looks for such assume downturn to press down prices, epecially full time one or pros. Their time is almost up already as mkt stabilise by the day See "7 time tested rules " 7. Practice patience It never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight! --Edwin Lefevre |
| Useful To Me Not Useful To Me | |
|
teeth53
Supreme |
29-Aug-2007 19:11
Yells: "don't learn through life, learn to grow with life " |
|
x 0
x 0 Alert Admin |
This week sell into strength on volatile trading week, two days left. Just my tot.  . Can it be those BBs try to push up, then let go just B4 FED news arrive !!!.
|
| Useful To Me Not Useful To Me | |
|
newmoon
Veteran |
29-Aug-2007 18:28
|
|
x 0
x 0 Alert Admin |
Reading between the lines of asian wall street today it looks like fed fund rates will be cut before 18/09/07. If the dow makes a triple digit high jump the insiders already know the decision has been made. It would be political suicide if Bernanke does nothing after last night's 280 points fall. |
| Useful To Me Not Useful To Me | |
|
|
|
|
jkbk007
Senior |
29-Aug-2007 17:37
|
|
x 0
x 0 Alert Admin |
Hmmm considering the relatively big drop in DOW, STI did relatively well. I see that there is less fear today. Still the housing recession is set to worsen and hence the market will likely correct further. However I am not of the opinion that this is a gloom and doom scenario that is going to bring the world to a recession. The stress to the financial market may even drive higher demand for cheaper products and hence emerging countries especially China should not be adversely affected by the expected US slowdown or even recession. Like what LKY says China economy will remain strong. |
| Useful To Me Not Useful To Me | |
|
popdod
Member |
29-Aug-2007 17:22
|
|
x 0
x 0 Alert Admin |
Looking at the chart...it doesn't seem so. Going to form a nice "W". But i'm might be wrong.
|
| Useful To Me Not Useful To Me | |
|
babyletsgo
Member |
29-Aug-2007 17:17
|
|
x 0
x 0 Alert Admin |
wah i think is the last wave si bo?many invester start shopping today
|
| Useful To Me Not Useful To Me | |
|
victorf
Master |
29-Aug-2007 17:12
|
|
x 0
x 0 Alert Admin |
let the US market WALK THE TALK...for STI, not bad as only down 8 plus points...:) |
| Useful To Me Not Useful To Me | |
|
|
|
|
cyjjerry85
Elite |
29-Aug-2007 16:38
|
|
x 0
x 0 Alert Admin |
with many selling in the morning...some smart traders snap it up and now our afternoon STI climb...a good move for the bargains within the day...after seeing the charts on DOW last night...it doesn't reflect any possible good news that it will turn green tonight again...however, do keep our fingers cross |
| Useful To Me Not Useful To Me | |
|
Manikamaniko.
Master |
29-Aug-2007 16:16
|
|
x 0
x 0 Alert Admin |
One neither need to worry nor rejoice... |
| Useful To Me Not Useful To Me | |
|
victorf
Master |
29-Aug-2007 16:13
|
|
x 0
x 0 Alert Admin |
do not worry as US market is likely to be positive tonight....let's see :) |
| Useful To Me Not Useful To Me | |
|
stevento
Senior |
29-Aug-2007 13:36
|
|
x 0
x 0 Alert Admin |
Credit Crunch. It is time to purge out the systemic flaws in the easy credit that has plague the US financial system for years. The banks try to spread the risk of Mortgage by packaging as some other financial instruments/investment to pension funds, insurance and speculators. With the money then loan to other fund institutions & borrowers to finance the consumer spending of Asia imports. Time to relook at the structural flaws and correct it. A soft landing will be something Fed will look at. |
| Useful To Me Not Useful To Me | |
|
synnexo
Veteran |
29-Aug-2007 13:36
|
|
x 0
x 0 Alert Admin |
To the Americans, money lost is more severe than human lives. |
| Useful To Me Not Useful To Me | |
|
newmoon
Veteran |
29-Aug-2007 13:30
|
|
x 0
x 0 Alert Admin |
Creative Destruction; A benifit of a recession is that it purges the excesses of the previous boom. A recession may be in America's long term interest unless it turns into a slump but it would be political suicide. A central banker who mentioned the idea might soon be out of a job but that should not stop undiplomatic economists asking whether a recession once in a while might be a good thing |
| Useful To Me Not Useful To Me | |
|
Pinnacle
Master |
29-Aug-2007 13:23
|
|
x 0
x 0 Alert Admin |
Yesterday from CNA, a survey done in US on what is their main concern that will affect US economy? Their response, which differ from 1st half of the year, is credit crisis instead of terrorist threat. So now, everybody afraid of credit crisis more than terrorist bombing. |
| Useful To Me Not Useful To Me | |
|
stevento
Senior |
29-Aug-2007 12:43
|
|
x 0
x 0 Alert Admin |
Let's see what is capital outflow from ASia this week. Another group of terrorist that hits the shores in Asia with a bang. |
| Useful To Me Not Useful To Me | |
