| Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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new6ie
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28-Dec-2013 05:52
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Dow Jones closed mostly flat this morning. Lost 1.4 points only. Good, as funds could redirect and flow to the Asia region.   Hope so. |
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kelvinLim123
Master |
27-Dec-2013 21:04
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Thanks for the article.  
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sharefrenz
Member |
27-Dec-2013 20:33
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just sharing:  Baring to Schroders Avoid Singapore After Slump (http://www.bloomberg.com/news/2013-12-25/schroeders-to-julius-baer-avoid-singapore-southeast-asia.html) Beware (& be cautions ... )
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kelvinLim123
Master |
27-Dec-2013 20:00
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Did sti charge upward? inless u trade the dow or S& P. u charge upward could be ended holding the baby, from fund slowly selling. 
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kelvinLim123
Master |
27-Dec-2013 19:58
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Yes , kepochicken could be right. How the heck when the dow soar, but fund are not buying into STI? I see distribution on going with the sti ard this 3000 to 3200 region. Unlike 2007, when we were at 39XX, dow at all time high of 16XXX..nobody bother to ask question, but continue to be bullish. Well, only time will tell, hope me wrong, but i see bad sign for the sti going forward. Is there anything wrong to be cautious, simple just observe a very strict stop loss will do the trick, Believe or not, is not important, so long we cover our bottom.  Good luck, rarely come here, if i did, only to disturb those i see are pure nonsense, those junk member in this shareJUNKtion.
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Octavia
Supreme |
26-Dec-2013 09:31
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US stocks closed for Christmas at record highs backed by solid reports on durable goods orders and new home sales. Investors cheered data showing orders for durable goods surged 3.5% in Nov after a 0.7% drop the prior month, while purchases of new home topped forecasts despite declining 2.1% to 464,000 annual pace, following a revised 474,000 rate in Oct that was the highest since Jul 2008. The market was in celebratory mood as general economic conditions are showing a sustainable recovery pattern. The braod-based S& P 500 has climbed 28.5% this year, on course for its biggest annual rally since 1997 and sustained by the Fed?s loose monetary policy and better economic data. The market latest run-up came despite last week?s decision by the central bank to scale back stimulus because of the better-than-expected economy. | ||||||||||
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GorgeousOng
Supreme |
26-Dec-2013 09:22
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Hehehee! I am a bull !!!! Cheers! Huat arh! Happy new year!!! |
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BullsAndBear
Veteran |
26-Dec-2013 08:53
Yells: "I come at the turn of the tide " |
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It's good to have some contrarian views in this forum, to keep the bulls, majority, in check haha. But that's not going to stop us from charging upwards for now =D. | ||||||||||
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KepoChicken
Master |
26-Dec-2013 08:06
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Another funny guy... try to stop ppl make money when market is hot now.. Huat Ah !!
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hlfoo2010
Master |
26-Dec-2013 07:33
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![]() 拿 笃 罕 见 沙 丁 鱼 群 跃 上 岸 沙 气 象 局 否 认 与 地 震 有 关 Lahad Datu rare sardines jump ashore Sand Meteorological Bureau denied earthquakes   kids beCAREFUL,  kids 小 心 (not small heart ??) |
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KepoChicken
Master |
26-Dec-2013 06:16
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Yes.. agreed. Normally new year.. ppl will jump in cuz ppl want to HUAT. NVM, in this forum, oway got ppl kacau only and we can just ignore them ..
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junction
Master |
26-Dec-2013 06:13
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You sure STI drop a thousand points in a couple of months?  That would be catastrophic and sure recession.  I bet opposite direction in next couple of months. Huat!
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kelvinLim123
Master |
26-Dec-2013 04:09
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I think chart pointing to 1.32 to 1.35, over the next 2 to 3 months. I just make 2K from simsci..buy 351.01, sell 361 I see sti to correct to 2200, over the next 3 months. i have just put in more fund into my CFD, and open another 2, prepare to short.
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teeth53
Supreme |
25-Dec-2013 22:42
Yells: "don't learn through life, learn to grow with life " |
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Now is gone -- scare me just now. Was hope to wish forumers n  everyone in SJ into new year...Huat huat...ah!!!!
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teeth53
Supreme |
25-Dec-2013 22:35
Yells: "don't learn through life, learn to grow with life " |
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" Why a 3,800 Straits Times Index or 16,000 Dow Doesnt Matter" Yup..it's real really doesn't  matter, even  if Dow cross 20,000 mark  ceiling. |
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teeth53
Supreme |
25-Dec-2013 22:28
Yells: "don't learn through life, learn to grow with life " |
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Ho...it happening again?.  OMG....it is coming again
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teeth53
Supreme |
25-Dec-2013 22:23
Yells: "don't learn through life, learn to grow with life " |
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http://www.bbc.co.uk/news/business-25461164 Analysts were encouraged by the GDP revision. " Not only was third-quarter GDP above 4.0% for only the third time since the expansion began in 2009, the mix of growth looks better (though still not great) than a month ago after the first revision," said Chris Low and Jay Morelock of FTN Financial in a research note. Previously, most of the third-quarter economic growth had come from a build up in business inventories. This had concerned many analysts, because a build up in inventories doesn't necessarily indicate present demand but a hope for future buying. " The strong Q3 growth performance vindicates the Fed's decision to begin tapering QE3," said Sal Guatieri of BMO Capital Markets Economics. " It also suggests the economy is poised for stronger growth in the new year than the middling 2% pace of the past year, meaning the tapering process will continue," he added. |
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BullsAndBear
Veteran |
25-Dec-2013 22:21
Yells: "I come at the turn of the tide " |
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Nope, I don't agree. While it is good to be cautions, I really do not see where a major correction would happen in the next 6 months. Unless a major economic shock hits the global market, like a China banking crisis or the BOJ defaulting on its debts, I would expect global equities to continue to trend upwards in 2014.  The argument can go both ways. If the STI has not followed the Dow in term of highs, then we could be in for a catch-up. Don't forget that part of reason for the lackluster performance of the STI could be due to the penny crash of the 3 infamous counter, billions wipeout. Some investors could be still nursing their wounds. Furthermore, December has traditionally been a lull period in the STI, as seen in the anemic volume level. I'm optimistic that investor's would be lured back to the STI as global economic condition improves next year. Valuation wise, the STI still looks promising with its average P/E 12.5-13. And this is 1 article that should shed some light as to why index's should not be compared to historical heights, because they are in a different context all together.  Why a 3,800 Straits Times Index or 16,000 Dow Doesn?t Matterhttp://www.fool.sg/2013/11/27/why-a-3800-straits-times-index-or-16000-dow-doesnt-matter/ All in all DYODD !
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teeth53
Supreme |
25-Dec-2013 22:17
Yells: "don't learn through life, learn to grow with life " |
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Those were the day.....S$1.80 cents  against U.S.$1.00. http://market-uncle.blogspot.sg/2008/11/singapore-dollar-to-weaken-against-us.html Good sign by our leader. Today exchange rate S$1.2xx cents  against U.S.$1.00 http://corporateinformation.com/Currency-Exchange-Rates.aspx?c=702
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teeth53
Supreme |
25-Dec-2013 22:05
Yells: "don't learn through life, learn to grow with life " |
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STI index  - 30 big blue elephant  stocks backup by many small n mid stocks / counters  play. FOMC meet oni said cut - U.S. 10 bil (an indication ob U.S. economy strength coming back). 2014 'breakthrough year' says Obama Citing stronger growth figures, US President Barack Obama says 2014 will be a 'breakthrough year' for the US economy. Tharman - Chairman of the International Monetary and Financial Committee, International Monetary Fund (IMF) said....
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