DBS    Last:43.71    +0.62

DBS

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MACD and Williams are both lagging indicators.

By the time it gives you a direction, I'm already 3 steps ahead of you.

HLJHLJ      ( Date: 22-Sep-2011 12:01) Posted: I beg to differ. MACD, Williams all showing reversal. Only thing is the volume which is still low. PS: I did  not long or short this counter. No holdings right now. alexchia01      ( Date: 21-Sep-2011 15:42) Posted: Sorry, it's support at $12.16 and $12.00.

 

The most common reason for people going " pok! "

      is that they rely on indicators, eg. MACD, MA, SMA,

              EMA and even VMA (Very Mean Average).

                        This is because all these iindicators, except the last,

                                can only be applied to the world of the tangible

                                        eg mechanics, science, quantitative study , etc...

                                                Stocks are a different ketttle of fish altogether...

HLJHLJ      ( Date: 22-Sep-2011 12:01) Posted: I beg to differ. MACD, Williams all showing reversal. Only thing is the volume which is still low. PS: I did  not long or short this counter. No holdings right now. alexchia01      ( Date: 21-Sep-2011 15:42) Posted: Sorry, it's support at $12.16 and $12.00.

 

I beg to differ. MACD, Williams all showing reversal.
Only thing is the volume which is still low.

PS: I did  not long or short this counter. No holdings right now.

alexchia01      ( Date: 21-Sep-2011 15:42) Posted: Sorry, it's support at $12.16 and $12.00. alexchia01      ( Date: 21-Sep-2011 15:27) Posted: Yes, it's safer to short DBS than Buy it. Resistance at $12.63 and a strong one some more. However, DBS is pretty close to its support at $12.60 and $12.00. If can breaks these 2 supports it can falls to $11.15

 

Sorry, it's support at $12.16 and $12.00.

alexchia01      ( Date: 21-Sep-2011 15:27) Posted: Yes, it's safer to short DBS than Buy it. Resistance at $12.63 and a strong one some more. However, DBS is pretty close to its support at $12.60 and $12.00. If can breaks these 2 supports it can falls to $11.15. eplepl      ( Date: 21-Sep-2011 14:44) Posted: Hi alex sifu, Do u think it is a good idea to short it and wait to buy back at 10 dollars or lower

 

Yes, it's safer to short DBS than Buy it.

Resistance at $12.63 and a strong one some more.

However, DBS is pretty close to its support at $12.60 and $12.00.

If can breaks these 2 supports it can falls to $11.15.

eplepl      ( Date: 21-Sep-2011 14:44) Posted: Hi alex sifu, Do u think it is a good idea to short it and wait to buy back at 10 dollars or lower ? alexchia01      ( Date: 21-Sep-2011 14:05) Posted: During this period, better don't touch the Banks.

 

downtrend stock, chart view s& r..

http://www.tradestockdiary.blogspot.com

http://www.holistichealingnatural.blogspot.com

 

Hi alex sifu, Do u think it is a good idea to short it and wait to buy back at 10 dollars or lower ?

alexchia01      ( Date: 21-Sep-2011 14:05) Posted: During this period, better don't touch the Banks. shweli      ( Date: 21-Sep-2011 13:54) Posted: Thanks Sir. I missed 12.16 this morning. I am waiting another chances. Poems said that 12.00 is support. If break, down to 10.0

 

During this period, better don't touch the Banks.

shweli      ( Date: 21-Sep-2011 13:54) Posted: Thanks Sir. I missed 12.16 this morning. I am waiting another chances. Poems said that 12.00 is support. If break, down to 10.0 gykgyk1      ( Date: 21-Sep-2011 11:57) Posted: Maybe can range trade between  $12 and  and $12.5 for 3% margin under this enviornment ...  You can compare the stupid report from CIMB in 1 mth time, if it is from the same person then that person need to be grilled for the quick change in his analysis :)  CIMB reports in 1 mth : 21st Sep : CIMB downgrades DBS Group (D05.SG) to Underperform from Outperform, after cutting its FY11-13 earnings estimates by about 7%, mainly due to lower non-interest income and higher credit costs. The house lowers its target price to S$11.90 from S$16.56, now based on 1.0X CY11 P/B. " We are wary of the new credit cycle and DBS's exposure to China's export sector. We also reckon that DBS has the most room for topline slippages, as capital-market activities slow and interest rates stay low, providing de-rating catalysts." UOB (U11.SG) is now CIMB's top pick in the sector 16th Aug : DBS remains our top pick amongst the banking stocks. In addition to the expected growth from its India operations, DBS is reaping the gains from its Hong Kong/China presence. In particular, we like it for its attractive valuations.

 

Thanks Sir. I missed 12.16 this morning. I am waiting another chances. Poems said that 12.00 is support. If break, down to 10.0

gykgyk1      ( Date: 21-Sep-2011 11:57) Posted: Maybe can range trade between  $12 and  and $12.5 for 3% margin under this enviornment ...  You can compare the stupid report from CIMB in 1 mth time, if it is from the same person then that person need to be grilled for the quick change in his analysis :)  CIMB reports in 1 mth : 21st Sep : CIMB downgrades DBS Group (D05.SG) to Underperform from Outperform, after cutting its FY11-13 earnings estimates by about 7%, mainly due to lower non-interest income and higher credit costs. The house lowers its target price to S$11.90 from S$16.56, now based on 1.0X CY11 P/B. " We are wary of the new credit cycle and DBS's exposure to China's export sector. We also reckon that DBS has the most room for topline slippages, as capital-market activities slow and interest rates stay low, providing de-rating catalysts." UOB (U11.SG) is now CIMB's top pick in the sector 16th Aug : DBS remains our top pick amongst the banking stocks. In addition to the expected growth from its India operations, DBS is reaping the gains from its Hong Kong/China presence. In particular, we like it for its attractive valuations.

 

the weekly " the edge" , cimb and ocbc said DBS is the top. grilled them--anyhow change the views. Uob has 1.5bil exposure to europe debt. But DBS and ocbc no.

 

Maybe can range trade between  $12 and  and $12.5 for 3% margin under this enviornment ...  You can compare the stupid report from CIMB in 1 mth time, if it is from the same person then that person need to be grilled for the quick change in his analysis :) 

CIMB reports in 1 mth :

21st Sep : CIMB downgrades DBS Group (D05.SG) to Underperform from Outperform, after cutting its FY11-13 earnings estimates by about 7%, mainly due to lower non-interest income and higher credit costs. The house lowers its target price to S$11.90 from S$16.56, now based on 1.0X CY11 P/B. " We are wary of the new credit cycle and DBS's exposure to China's export sector. We also reckon that DBS has the most room for topline slippages, as capital-market activities slow and interest rates stay low, providing de-rating catalysts." UOB (U11.SG) is now CIMB's top pick in the sector

16th Aug : DBS remains our top pick amongst the banking stocks. In addition to the expected growth from its India operations, DBS is reaping the gains from its Hong Kong/China presence. In particular, we like it for its attractive valuations.

 

 

Any comments abt DBS?

Salute      ( Date: 14-Sep-2011 18:26) Posted: is it a true industry faulty in such case. this afternoon, when the last dealt price for DBS was 12.07. suddenly the buy Q at 12.03 then 12.01 very quickily but the Q for sell is 12.04/12.03 and no trade dealt and when things became normal, I saw the low price was 12.01. follow up speedy straightline increase to 12.40. someone is manipulating this counter all the while, but how could it be coincided with the fell to the lowest in such confusion in the PCs. (it's not only one broker firm but it's said to be industrial faulty)and bounced back immediately. didn't pay attention to other counter but only DBS, was other counters affected, did you notice it?

 

is it a true industry faulty in such case.

this afternoon, when the last dealt price for DBS was 12.07. suddenly the buy Q at 12.03 then 12.01 very quickily but the Q for sell is 12.04/12.03 and no trade dealt and when things became normal, I saw the low price was 12.01. follow up speedy straightline increase to 12.40.

someone is manipulating this counter all the while, but how could it be coincided with the fell to the lowest in such confusion in the PCs. (it's not only one broker firm but it's said to be industrial faulty)and bounced back immediately. didn't pay attention to other counter but only DBS, was other counters affected, did you notice it?

 

 

Yalor.....2011 is a bad year.......very hard to make money.........

iPunter      ( Date: 14-Sep-2011 15:25) Posted: A gradual drop over many months is more worrying than big       sudden drops... It shows the trend in progress...   Andrew      ( Date: 14-Sep-2011 15:01) Posted: All major indexes futures are red.  I think DBS will not close below 12 today as there are  415lots waiting........ 1207....never that cheap since July 2009.......

 

i would suggest to buy great eastern… $12 ++ now..

 

A gradual drop over many months is more worrying than big

      sudden drops... It shows the trend in progress...  

Andrew      ( Date: 14-Sep-2011 15:01) Posted: All major indexes futures are red.  I think DBS will not close below 12 today as there are  415lots waiting........ 1207....never that cheap since July 2009....... JUNWEI9756      ( Date: 14-Sep-2011 14:29) Posted: i think buy now…. $11.90 is good also… lol.

 

All major indexes futures are red.  I think DBS will not close below 12 today as there are  415lots waiting........

1207....never that cheap since July 2009.......

JUNWEI9756      ( Date: 14-Sep-2011 14:29) Posted: i think buy now…. $11.90 is good also… lol.. Andrew      ( Date: 14-Sep-2011 14:26) Posted: Wow, cheap get cheaper........lower than previous lower.......very bad. Anyone have any TP to enter ??

 

i think buy now…. $11.90 is good also… lol..

Andrew      ( Date: 14-Sep-2011 14:26) Posted: Wow, cheap get cheaper........lower than previous lower.......very bad. Anyone have any TP to enter ??   Andrew      ( Date: 25-Aug-2011 14:18) Posted: I would not buy bank stock now......together with shipping, manufacturing and oil.  We maybe entering a recession ?? But 12.74  is so attractive. My left say buy and right say don't buy.......hmmmmm

 

Wow, cheap get cheaper........lower than previous lower.......very bad. Anyone have any TP to enter ??

 

Andrew      ( Date: 25-Aug-2011 14:18) Posted: I would not buy bank stock now......together with shipping, manufacturing and oil.  We maybe entering a recession ?? But 12.74  is so attractive. My left say buy and right say don't buy.......hmmmmm   EdwardLiu      ( Date: 25-Aug-2011 14:12) Posted: I rhink not advisable to touch banks before big Ben speaks tomorrow.  Take a look also what happens to UOB. OCBC also under pressure.