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If we get a 10% to 15% correction then yes.
Becoz FEAR will take over.
Rationality and clear thinking are thrown out of the window when people are fearful.
Only on hindsight when market has rebounded that they look back and realise how foolish they were to be driven by fear
to throw away good premium Black Thorn durians. Those who picked those very same durians Chup Toe Pole. 

Sg_KoalaDreaming      ( Date: 18-May-2026 21:29) Posted: do u think 2.35 - 2.39 reachable Bro? sanvan      ( Date: 18-May-2026 11:53) Posted: Sampan is at 2.43 : 2.44. It is bracing rough seas. Positioning for a rate hike in Dec/Jan. Hasnt been this low for such a sustained period for a while. CLINT also has sellers at 1.02. The signs are ominous.

 

do u think 2.35 - 2.39 reachable Bro?

sanvan      ( Date: 18-May-2026 11:53) Posted: Sampan is at 2.43 : 2.44. It is bracing rough seas. Positioning for a rate hike in Dec/Jan. Hasnt been this low for such a sustained period for a while. CLINT also has sellers at 1.02. The signs are ominous.

 

Below 1.00 preferable.

wavehunter      ( Date: 18-May-2026 16:57) Posted: Good for you, Bro spore. If I have, I would have done the same even if just make peanuts. So that I have my capital back to reload at a better entry price. Like  at $1.00 or $1.01. To unload again at 1.03 to 1.08 depending on what the market gives.

 

The Iranian leadership is playing poker with Trump.
They know in terms of firepower or military hardware, they cant beat the US.
If time or domestic politics are not obstacles in Trump' s way, he will go as far as he needs to and take as long as is required to
invade Iran to force a regime change. Becoz a regime change is what it takes for the Iranians to agree to give up their enriched
uranium and to reopen the Straits of Hormuz. If the current regime is in-charge, diplomacy is a waste of time as these hardliners
are more stubborn than the most stubborn mule. The only option left for Trump is the military option. If he has the support of
Congress for this, then time is no longer an issue. Resources too. But he does not have the support of Congress for this war.
If he resumes air strikes in Iran, he must either finish the job in a matter of a week or two OR get approval from Congress to
continue this war. The Iranians are playing poker and betting on Trump either running out of time to continue fighting or being
forced by Congress to end this war. 

 

SingTel closed at Day High at 4.87. 

 

Good for you, Bro spore.
If I have, I would have done the same even if just make peanuts.
So that I have my capital back to reload at a better entry price.
Like  at $1.00 or $1.01. To unload again at 1.03 to 1.08 depending on what the market gives. 

 

I let go at 1.06.

wavehunter      ( Date: 18-May-2026 15:48) Posted: The reason why should get out if there is another spike to 1.06 to 1.08 is to position yourself to find a better season parking lot at 82 cts to 88 cts when the 10% to 20% correction comes.

 

The reason why should get out if there is another spike to 1.06 to 1.08 is to position yourself to find a better season parking lot at 82 cts to 88 cts
when the 10% to 20% correction comes. 

 

Capitaland India Trust.... 1.01 : 1.02.
A window for those who have at 1.05 to 1.09 to queue at 1.00 and 1.01 to average down to position yourself to exit at the next
spike to 1.06-1.08. 

 

Ya, not so good news if you are vested higher with no ammo left to average down but very good news if you have lots of ammo
to put to work. At this price level, dividend yield is 6.1%. Can hold to collect dividends and beat all the FDs you can find out there.
Can hold for as long as you like but if the stock price recovers and you can collect 2.5 to 3 yrs of dividends all at once by selling,
then should do so. Becoz instead of holding for another 2.5 to 3 yrs to earn the 15 cts per year dividend, you can collect all that
dividend all at once by selling. After that park your capital in another good stock or in FD to earn returns whilst waiting for another
downturn to buyback at 2.40 to 2.50 level. So if buy at 2.43 and after that 12 to 24 months later can see 2.80s to 2.90s, should
sell to collect 2.5 to 3 yrs of dividend all at once. Then park your capital in a fixed income instrument to earn more yield. 

sanvan      ( Date: 18-May-2026 11:53) Posted: Sampan is at 2.43 : 2.44. It is bracing rough seas. Positioning for a rate hike in Dec/Jan. Hasnt been this low for such a sustained period for a while. CLINT also has sellers at 1.02. The signs are ominous.

 

Yeah Bro.  Got to have patience and wait for Ascendas and other Reits to climb up again.
Not buying anymore as need to save money for daily needs.  Meanwhile, just collect dividends along the way.

sanvan      ( Date: 18-May-2026 11:53) Posted: Sampan is at 2.43 : 2.44. It is bracing rough seas. Positioning for a rate hike in Dec/Jan. Hasnt been this low for such a sustained period for a while. CLINT also has sellers at 1.02. The signs are ominous.

 

Sampan is at 2.43 : 2.44.
It is bracing rough seas.
Positioning for a rate hike in Dec/Jan.
Hasnt been this low for such a sustained period for a while.
CLINT also has sellers at 1.02.
The signs are ominous.
 

 

AEM...

Previous Close was 9.25.
Indicative opening as of now is 9.16.
Let' s see if this rocket continues to climb or whether the shit will hit the fan.

 

In the last 6 mins, Futures markets suddenly became even redder.

 

As at now, US Futures and European Futures suggest that the selldown which started on Friday due to inflation fears and how the new Fed Chief 
will deal with inflation and the jump in PPI numbers is not over but will continue into a 2nd nght of selling tonight.

Brace for impact when STI opens. 

 

and also drop faster. like a bear market.

spore1      ( Date: 17-May-2026 19:53) Posted: Can consider Bitcoin. It can run up faster wavehunter      ( Date: 17-May-2026 17:22) Posted: This is Bitmine Immersion Technologies, a Digital Asset Treasury in which Tom Lee is the Chairman. Never mind what Bitmine bulls are shouting with regard to Bitmine' s potential future price which is anything from $100 to even $1000 per share. For the purpose of this discussion, we just project Bitmine' s trading range at $17 to $24. Time frame is 12 months. If we divide our army into 3 battalions to attack Bitmine bears at $17, $18 and $19, when Bitmine share price is back at $23 (using a more conservative price target instead of $24, those shares bought at $19 will make a return on capital to the tune of 21%. And those shares bought at $18 and $17 will make 27.77% and 35.29% respectively. Within a realistic time frame of 12 months. These rates of return on capital are hard to beat. Not many stocks we know of can do this. If you are open to trading ideas, adventurous, not risk averse and all bolas about any trade which has a reasonable probability of success, do consider the above. Your money, your call. Do be mindful you are rolling the dice with your own money. So know the unwritten rules of the game about trading suggestions offered in this thread. All the best.

 

Can consider Bitcoin. It can run up faster

wavehunter      ( Date: 17-May-2026 17:22) Posted: This is Bitmine Immersion Technologies, a Digital Asset Treasury in which Tom Lee is the Chairman. Never mind what Bitmine bulls are shouting with regard to Bitmine' s potential future price which is anything from $100 to even $1000 per share. For the purpose of this discussion, we just project Bitmine' s trading range at $17 to $24. Time frame is 12 months. If we divide our army into 3 battalions to attack Bitmine bears at $17, $18 and $19, when Bitmine share price is back at $23 (using a more conservative price target instead of $24, those shares bought at $19 will make a return on capital to the tune of 21%. And those shares bought at $18 and $17 will make 27.77% and 35.29% respectively. Within a realistic time frame of 12 months. These rates of return on capital are hard to beat. Not many stocks we know of can do this. If you are open to trading ideas, adventurous, not risk averse and all bolas about any trade which has a reasonable probability of success, do consider the above. Your money, your call. Do be mindful you are rolling the dice with your own money. So know the unwritten rules of the game about trading suggestions offered in this thread. All the best.

 

This is Bitmine Immersion Technologies, a Digital Asset Treasury in which Tom Lee is the Chairman.
Never mind what Bitmine bulls are shouting with regard to Bitmine' s potential future price which is anything from $100 to even $1000 per share.
For the purpose of this discussion, we just project Bitmine' s trading range at $17 to $24. Time frame is 12 months.
If we divide our army into 3 battalions to attack Bitmine bears at $17, $18 and $19, when Bitmine share price is back at $23 (using a more
conservative price target instead of $24, those shares bought at $19 will make a return on capital to the tune of 21%.
And those shares bought at $18 and $17 will make 27.77% and 35.29% respectively. Within a realistic time frame of 12 months.
These rates of return on capital are hard to beat. Not many stocks we know of can do this.
If you are open to trading ideas, adventurous, not risk averse and all bolas about any trade which has a reasonable probability of success,
do consider the above. Your money, your call. Do be mindful you are rolling the dice with your own money. So know the unwritten rules of
the game about trading suggestions offered in this thread. All the best.   

 

believe neither in Tom Lee nor AI ... que sera sera

wavehunter      ( Date: 15-May-2026 12:50) Posted: Update on Bitmine for the small community of Bitmine investors in this Trading Floor. Tom Lee said the market will have a drawdown around mid-year period. This drawdown can be 10%, 15% or 20%. Even if it is only 10%, it will feel like we are in a bear market. He also said market may also make like a " round trip" back to the start of 2026. Meaning we go back to where market was at the start of the year. But the good news is after this correction is done, markets will rally and end higher by the end of the year. Assuming his narrative is correct, then what we do NOT want to do is to be stuck in stocks bought higher when the correction comes. We do not want to be in the correction, We want to be at the sidelines watching but not agonizing from the correction. We want to be 100% cash as CASH IS KING when there is a correction. After that when the correction ends, we want to swoop in to Ka Ka Hoot to pick up bargains. Say is lidat say. Actual execution is another thing and left to be seen. But its good to talk about it now before it happens so that we can plan for it and adjust our position sizing etc. Tom Lee was asked and he said his price target for Ethereum by the end of 2026 is $9000 to $12000. Remember I mentioned before that for Tom Lee, his price direction so far has turned out to be right though his timing isn' t as CHUN. But its okay. So long as Ethereum really goes to $9000 to $12000 region some time in the future be it 2027 or 2028, that is also a good outcome.  I asked AI what is the price of Bitmine when the price of Ethereum is at $9000 to $12,000. This is AI' s answer. Just sharing this update for those of you who are vested in Bitmine.

 

You are most welcome! If the price run up before results released then most probably results might be gd

yoga123      ( Date: 15-May-2026 16:36) Posted: Thanks Bro spore.  Sigh.  Not really sure about the likely outcome for SingTel results and whether the monkeys controlling SingTel are planning to push it up or down. spore1      ( Date: 15-May-2026 14:44) Posted: SingTel results will be out on 21 May. Do take note. 4.83-4.84