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icetomato
    29-Nov-2010 07:44  
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Hello BT! When you not around got bear attack here. Haha.
 
 
BullishTempo
    29-Nov-2010 07:42  
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STI following regional cues should be flat or bearish.

Selective stocks may still be bullish today.

Australia is trading lower at the moment.

Ok thats all for the morning outlook.

Trade safely and I will be back at lunchtime  !



BullishTempo      ( Date: 29-Nov-2010 07:37) Posted:



Black Friday is giving some cause for cheer for retailers in the US. Data will be released tonight, and estimates are bullish on retailers. Data should show more people are willing to open their wallets and spend more during the festive season.

If this data is correct, Monday night Dow Jones, ie. tonight is very likely to be bullish. STI is likely to move higher tomorrow barring any surprises from Korea or Europe.

 
 
BullishTempo
    29-Nov-2010 07:37  
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Black Friday is giving some cause for cheer for retailers in the US. Data will be released tonight, and estimates are bullish on retailers. Data should show more people are willing to open their wallets and spend more during the festive season.

If this data is correct, Monday night Dow Jones, ie. tonight is very likely to be bullish. STI is likely to move higher tomorrow barring any surprises from Korea or Europe.
 

 
BullishTempo
    29-Nov-2010 07:33  
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Game plan for now till mid December is to catch stocks that are bouncing off their lows. These stocks will tend to move against the broader market even as the broader market is moving lower.

On my watchlist right now.

Singpost, Comfortdelgro, Noble, NoL

Commodity stocks are still hot, due to the in-flush of liquidity and expected drop in supply due to weather issues affecting harvest. CPO futures are also moving off the lows from the correction the last 2 weeks. Demand for CPO from China and India expected to rise in the coming year.

Risk factors include the possible cap on price of CPO in China. However, subsidies given by Chinese government to general public for purchases of commodities is a plus factor.

 http://www.palmoilhq.com/crude-palm-oil-cpo-futures/

http://www.palmoilhq.com/PalmOilNews/asian-crude-palm-oil-ends-slightly-lower-focus-on-fresh-cues-next-week/ 

CPO plays - Golden Agri and Indofood Agri.

Wilmar is still low on sentiments.



BullishTempo      ( Date: 29-Nov-2010 07:22) Posted:

Some stocks are really cheap after the sell-off.

I will be catching some of these stocks as they bounce off the lows.

GenSp is currently weak on sentiments, but I expect it to pick-up next month or starting of 2011.

Property stocks are weak as well due to the property-cooling policies in China and Hong Kong. Capitaland and Kepland are both vested heavily in China, especially for Capitaland. And you observe the downside getting steeper for Capitaland.

Trading volume is generally low during the holiday season in December. So the market will only move substantially in January.

I expect STI to trade range-bound between 3130 and 3300 till January. 

 



BullishTempo      ( Date: 29-Nov-2010 07:15) Posted:



Hi guys I am back.

Will be doing monitoring of market today, probably not trading much. Market has been volatile these few days with the Irish bailout and korean skirmishes.

I expect the korean hoo-ha to blow over by mid December. Irish bailout worth 112.5 billion is already confirmed. After Irish, next in line is Portugal and Spain. So the European woes are not over yet.

http://www.marketwatch.com/ 


 
 
BullishTempo
    29-Nov-2010 07:22  
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Some stocks are really cheap after the sell-off.

I will be catching some of these stocks as they bounce off the lows.

GenSp is currently weak on sentiments, but I expect it to pick-up next month or starting of 2011.

Property stocks are weak as well due to the property-cooling policies in China and Hong Kong. Capitaland and Kepland are both vested heavily in China, especially for Capitaland. And you observe the downside getting steeper for Capitaland.

Trading volume is generally low during the holiday season in December. So the market will only move substantially in January.

I expect STI to trade range-bound between 3130 and 3300 till January. 

 



BullishTempo      ( Date: 29-Nov-2010 07:15) Posted:



Hi guys I am back.

Will be doing monitoring of market today, probably not trading much. Market has been volatile these few days with the Irish bailout and korean skirmishes.

I expect the korean hoo-ha to blow over by mid December. Irish bailout worth 112.5 billion is already confirmed. After Irish, next in line is Portugal and Spain. So the European woes are not over yet.

http://www.marketwatch.com/ 

 
 
BullishTempo
    29-Nov-2010 07:15  
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Hi guys I am back.

Will be doing monitoring of market today, probably not trading much. Market has been volatile these few days with the Irish bailout and korean skirmishes.

I expect the korean hoo-ha to blow over by mid December. Irish bailout worth 112.5 billion is already confirmed. After Irish, next in line is Portugal and Spain. So the European woes are not over yet.

http://www.marketwatch.com/ 
 

 
BullishTempo
    29-Nov-2010 07:12  
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Bladez, I AM BACK !!

bladez87      ( Date: 29-Nov-2010 06:39) Posted:



woah wiki leaks revealed a lot of sensitive info... best not to be vested now in case really spark off WW3.

i think everyone guessed Iran was getting rockets from NK but now exposing so many dirty secrets...

donno what the founder of wiki leaks is doing, is he planning for a WW3?

 
 
bladez87
    29-Nov-2010 06:39  
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woah wiki leaks revealed a lot of sensitive info... best not to be vested now in case really spark off WW3.

i think everyone guessed Iran was getting rockets from NK but now exposing so many dirty secrets...

donno what the founder of wiki leaks is doing, is he planning for a WW3?
 
 
Leinadgnow
    29-Nov-2010 02:13  
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yup. but nope. i dun think gar going down on monday. might being seeing a corrective and impulse wave formation..idk.. :) see the day on sgx 2mrw lor .. gd luck all 
 
 
Gaecia
    29-Nov-2010 02:07  
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who knows. Depends on world news more than charts now. A complex package of Korea conflicts (or respite?), Ireland and forex. 



Leinadgnow      ( Date: 29-Nov-2010 02:02) Posted:

GAR to go down on monday? 

 

 
Leinadgnow
    29-Nov-2010 02:02  
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GAR to go down on monday? 
 
 
firewood
    28-Nov-2010 21:58  
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EU Ministers Race to Complete Aid Package for Ireland
By James G. Neuger and Stephanie Bodoni - Nov 28, 2010 9:24 PM GMT+0800


Ireland’s negotiations over an 85 billion-euro ($113 billion) aid package came down to setting the interest rate it will pay on emergency loans as European finance ministers battled to contain the fiscal crisis.

A “staff-level” accord on Ireland’s aid will be endorsed today, European Union Economic and Monetary Commissioner Olli Rehn said today in Brussels. French Finance Minister Christine Lagarde said Ireland’s interest rate is the only “little detail” to be nailed down.

With 10-year bond yields climbing above 7.5 percent in Greece, Ireland, Portugal, Spain and Italy on Nov. 26, European leaders are fighting to prevent the spread of Ireland’s fiscal woes from threatening the survival of the 12-year-old euro.

“We have to discuss the broader ramifications of the current crisis and we have to discuss a systemic response to this crisis,” Rehn told reporters as the officials gathered in Brussels for a meeting that was only announced this morning.
__________________
 
 
yummygd
    28-Nov-2010 19:42  
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nope not that north is strong n south is weak n not that e rest of the world is weaker den e north.Its just boils down to no one wants the responsibility of carrying such a huge amount of uneducated n extremely poor people of north korea.They cant do ANYTHING in this age n day with their knowledge of the outside world. Unfortunate but its e truth.So that is e only thing that is going for North.Countries involved are just trying to hope that North Koreans will stage a uproar n overthrown Kim. N someone from north will take up e running of the country.

pharoah88      ( Date: 28-Nov-2010 17:32) Posted:

WHO  is  STRONG    ? ? ? ?

WHO  is  weak    ? ? ? ?

Is  North  sO  STRONG    ? ? ? ?

Is  sOUth  sO  weak    ? ? ? ?

Is  Rest Of  wOrld  sO  sO weak    ? ? ? ?



firewood      ( Date: 28-Nov-2010 14:56) Posted:



YEONPYEONG ISLAND, South Korea – South Korea's government ordered journalists to leave a front-line island Sunday, citing tensions with North Korea, hours after the U.S. and South Korea launched a round of war games in Korean waters.

The South Korean Defense minister said journalists must leave because the "situation is not good" on Yeonpyeong Island, which was targeted last week by a deadly North Korean barrage.

Earlier Sunday, the sound of new artillery fire from North Korea sent residents and journalists on the front-line island scrambling for cover.

None of the rounds landed on the island, military officials said, but the incident showed how tense and uncertain the situation remains along the Koreas' disputed maritime border five days after a North Korean artillery attack decimated parts of the island and killed four South Koreans.

As the rhetoric from North Korea escalated, with new warnings of a "merciless" assault if further provoked, a top Chinese official made a last-minute visit to Seoul to confer with South Korean President Lee Myung-bak. Washington and Seoul have urged China, North Korea's main ally and benefactor, to help defuse the situation amid fears of all-out war. Beijing has called for restraint on all sides.

Lee pressed State Councilor Dai Bingguo, a senior foreign policy adviser, to contribute to peace in a "more objective, responsible" matter, and warned that Seoul would respond "strongly" to any further provocation, his office said in a statement.

Dai forwarded Beijing's condolences and pledged China's help in preventing tensions from worsening, Lee's office said.

Meanwhile, the chairman of North Korea's Supreme People's Assembly, Choe Thae Bok, was due to visit Beijing starting Tuesday, China's official Xinhua News Agency said.

The border between North and South Korea is among the world's most heavily fortified, with the peninsula still technically in a state of war because the 1950-53 war ended with a truce, not a peace treaty.

North Korea also disputes the maritime border drawn by U.N. forces at the close of the war, and considers the waters around Yeonpyeong Island — 50 miles (80 kilometers) from the South Korean port of Incheon but just 7 miles (11 kilometers) from the North Korean mainland — its territory.

The area has seen several bloody skirmishes, including the sinking of a South Korean warship eight months ago, killing 46 sailors. An international team of investigators concluded that a North Korean torpedo sank the ship, but Pyongyang denies any involvement.

Tuesday's attack on the island, which has military bases as well as a civilian population of 1,300 who mostly make their living from fishing, marked a new level of hostility. Two marines and two civilians were killed, and 18 others wounded, when the North rained artillery on Yeonpyeong in one of the worst assaults since the Korean War.

North Korea said Saturday the civilian deaths were "regrettable," but blamed South Korea for staging military drills against Pyongyang's warnings that it would consider such exercises a provocation. Pyongyang accused Seoul of using Yeonpyeong's residents as human shields.

The North Korea military also has mounted conventional, surface-to-air SA-2 missiles on launch pads on a west coast base, aiming them at South Korean fighter jets flying near the western sea border, the Yonhap news agency reported, citing an unidentified South Korean government source.

South Korea's military said it couldn't confirm the deployments. An official at the Joint Chiefs of Staff said the North had already deployed anti-ship missiles on its west coast bases.

The previously planned joint war games launched Sunday by the U.S. and South Korea were sure to heighten the tensions.

Ships from both countries entered the exercise zone Sunday, an official with South Korea's joint chiefs of staff said on condition of anonymity, citing office rules.

Washington, which keeps 28,500 troops in South Korea to protect the ally, insists the drills involving the USS George Washington supercarrier were routine and planned well before last Tuesday's attack. However, North Korea expressed outrage over the Yellow Sea drills.

"We will launch merciless counter-military strikes against any provocative moves that infringe upon our country's territorial waters," the North's main Rodong Sinmun newspaper said in an editorial carried by the official Korean Central News Agency.

Sunday's burst of artillery fire in North Korea was the second in three days. Authorities briefly ordered residents to evacuate, before recalling the order.

"We got the report that North Korea's artillery batteries were in the 'ready-to fire' posture," police chief Choi Du-gyu said. "So we decided to order residents to evacuate to keep them safe."

North Korea also staged an apparently artillery drill Friday, the guns sounding just as the U.S. military's top commander in the region, Gen. Walter Sharp, was touring Yeonpyeong Island. No shells landed anywhere in South Korean territory.

Tuesday's attack reduced dozens of homes on the island to rubble. All but a handful of residents have evacuated to the mainland.

As monks chanted their morning prayers at Jogye Temple, Shim Jeong-wook, 74, said he didn't think North Korea would attack again, not with a U.S. aircraft carrier group in South Korean waters.

"I don't think North Korea will provoke while the U.S. Navy fleet is in the Yellow Sea," he said. "But who knows what will happen when it leaves?"

___

Jean H. Lee reported from Seoul. AP writers Hyung-jin Kim and Kelly Olsen in Seoul, Christopher Bodeen and Gillian Wong in Beijing and Pauline Jelinek in Washington contributed to this report.


 
 
firewood
    28-Nov-2010 17:49  
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PAJU, South Korea, Nov. 28 (Yonhap) -- South Korea mistakenly fired an artillery shell toward the southern side of the Demilitarized Zone (DMZ) on Sunday afternoon and soon sent a message to North Korea that the firing was accidental, military officials said.

No casualties occurred from the accidental discharge that took place at around 3 p.m., the officials said.
 
 
pharoah88
    28-Nov-2010 17:32  
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WHO  is  STRONG    ? ? ? ?

WHO  is  weak    ? ? ? ?

Is  North  sO  STRONG    ? ? ? ?

Is  sOUth  sO  weak    ? ? ? ?

Is  Rest Of  wOrld  sO  sO weak    ? ? ? ?



firewood      ( Date: 28-Nov-2010 14:56) Posted:



YEONPYEONG ISLAND, South Korea – South Korea's government ordered journalists to leave a front-line island Sunday, citing tensions with North Korea, hours after the U.S. and South Korea launched a round of war games in Korean waters.

The South Korean Defense minister said journalists must leave because the "situation is not good" on Yeonpyeong Island, which was targeted last week by a deadly North Korean barrage.

Earlier Sunday, the sound of new artillery fire from North Korea sent residents and journalists on the front-line island scrambling for cover.

None of the rounds landed on the island, military officials said, but the incident showed how tense and uncertain the situation remains along the Koreas' disputed maritime border five days after a North Korean artillery attack decimated parts of the island and killed four South Koreans.

As the rhetoric from North Korea escalated, with new warnings of a "merciless" assault if further provoked, a top Chinese official made a last-minute visit to Seoul to confer with South Korean President Lee Myung-bak. Washington and Seoul have urged China, North Korea's main ally and benefactor, to help defuse the situation amid fears of all-out war. Beijing has called for restraint on all sides.

Lee pressed State Councilor Dai Bingguo, a senior foreign policy adviser, to contribute to peace in a "more objective, responsible" matter, and warned that Seoul would respond "strongly" to any further provocation, his office said in a statement.

Dai forwarded Beijing's condolences and pledged China's help in preventing tensions from worsening, Lee's office said.

Meanwhile, the chairman of North Korea's Supreme People's Assembly, Choe Thae Bok, was due to visit Beijing starting Tuesday, China's official Xinhua News Agency said.

The border between North and South Korea is among the world's most heavily fortified, with the peninsula still technically in a state of war because the 1950-53 war ended with a truce, not a peace treaty.

North Korea also disputes the maritime border drawn by U.N. forces at the close of the war, and considers the waters around Yeonpyeong Island — 50 miles (80 kilometers) from the South Korean port of Incheon but just 7 miles (11 kilometers) from the North Korean mainland — its territory.

The area has seen several bloody skirmishes, including the sinking of a South Korean warship eight months ago, killing 46 sailors. An international team of investigators concluded that a North Korean torpedo sank the ship, but Pyongyang denies any involvement.

Tuesday's attack on the island, which has military bases as well as a civilian population of 1,300 who mostly make their living from fishing, marked a new level of hostility. Two marines and two civilians were killed, and 18 others wounded, when the North rained artillery on Yeonpyeong in one of the worst assaults since the Korean War.

North Korea said Saturday the civilian deaths were "regrettable," but blamed South Korea for staging military drills against Pyongyang's warnings that it would consider such exercises a provocation. Pyongyang accused Seoul of using Yeonpyeong's residents as human shields.

The North Korea military also has mounted conventional, surface-to-air SA-2 missiles on launch pads on a west coast base, aiming them at South Korean fighter jets flying near the western sea border, the Yonhap news agency reported, citing an unidentified South Korean government source.

South Korea's military said it couldn't confirm the deployments. An official at the Joint Chiefs of Staff said the North had already deployed anti-ship missiles on its west coast bases.

The previously planned joint war games launched Sunday by the U.S. and South Korea were sure to heighten the tensions.

Ships from both countries entered the exercise zone Sunday, an official with South Korea's joint chiefs of staff said on condition of anonymity, citing office rules.

Washington, which keeps 28,500 troops in South Korea to protect the ally, insists the drills involving the USS George Washington supercarrier were routine and planned well before last Tuesday's attack. However, North Korea expressed outrage over the Yellow Sea drills.

"We will launch merciless counter-military strikes against any provocative moves that infringe upon our country's territorial waters," the North's main Rodong Sinmun newspaper said in an editorial carried by the official Korean Central News Agency.

Sunday's burst of artillery fire in North Korea was the second in three days. Authorities briefly ordered residents to evacuate, before recalling the order.

"We got the report that North Korea's artillery batteries were in the 'ready-to fire' posture," police chief Choi Du-gyu said. "So we decided to order residents to evacuate to keep them safe."

North Korea also staged an apparently artillery drill Friday, the guns sounding just as the U.S. military's top commander in the region, Gen. Walter Sharp, was touring Yeonpyeong Island. No shells landed anywhere in South Korean territory.

Tuesday's attack reduced dozens of homes on the island to rubble. All but a handful of residents have evacuated to the mainland.

As monks chanted their morning prayers at Jogye Temple, Shim Jeong-wook, 74, said he didn't think North Korea would attack again, not with a U.S. aircraft carrier group in South Korean waters.

"I don't think North Korea will provoke while the U.S. Navy fleet is in the Yellow Sea," he said. "But who knows what will happen when it leaves?"

___

Jean H. Lee reported from Seoul. AP writers Hyung-jin Kim and Kelly Olsen in Seoul, Christopher Bodeen and Gillian Wong in Beijing and Pauline Jelinek in Washington contributed to this report.

 

 
bladez87
    28-Nov-2010 16:35  
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was there a joke?

Gaecia      ( Date: 28-Nov-2010 16:34) Posted:

no Master bladez, u din catch my joke.

bladez87      ( Date: 28-Nov-2010 15:47) Posted:

at first i was wondering why you address me as master, then i realised. why monitor me? i am scaring everyone to think like me, that a war might break out. then everyone will not buy. but i might miss out the ride if i am wrong again. which is quite ironic, cause on 1 hand i want to buy cheaply, so a disaster is needed, but a war... not nice ya?

now no need watch market, just watch news can liao. i every 30 min check yahoo news for updates sia. haha



 
 
Gaecia
    28-Nov-2010 16:34  
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no Master bladez, u din catch my joke.

bladez87      ( Date: 28-Nov-2010 15:47) Posted:

at first i was wondering why you address me as master, then i realised. why monitor me? i am scaring everyone to think like me, that a war might break out. then everyone will not buy. but i might miss out the ride if i am wrong again. which is quite ironic, cause on 1 hand i want to buy cheaply, so a disaster is needed, but a war... not nice ya?

now no need watch market, just watch news can liao. i every 30 min check yahoo news for updates sia. haha



Gaecia      ( Date: 28-Nov-2010 14:29) Posted:



u so cute Master bladez. think i no need to watch market action tmr, monitor u can alreadi :p


 
 
bladez87
    28-Nov-2010 15:47  
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at first i was wondering why you address me as master, then i realised. why monitor me? i am scaring everyone to think like me, that a war might break out. then everyone will not buy. but i might miss out the ride if i am wrong again. which is quite ironic, cause on 1 hand i want to buy cheaply, so a disaster is needed, but a war... not nice ya?

now no need watch market, just watch news can liao. i every 30 min check yahoo news for updates sia. haha



Gaecia      ( Date: 28-Nov-2010 14:29) Posted:



u so cute Master bladez. think i no need to watch market action tmr, monitor u can alreadi :p

 
 
firewood
    28-Nov-2010 15:44  
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I always dun understand him either. He is v chem leh

Gaecia      ( Date: 28-Nov-2010 15:18) Posted:

dunno what you're quoting.

pharoah88      ( Date: 28-Nov-2010 15:11) Posted:

leaders

eatIng

fOllOwers

 

hIppOcracy    ? ? ? ?




 
 
pharoah88
    28-Nov-2010 15:32  
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