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(Post 3251 of 15224) 10/30/2003.15:09:18 |
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As usual, their analysis always opposite of what market is thinking.
Dow Jones] Current market rally likely to continue with start of global cyclical recovery and huge sell-off of bonds in last 12-18 months, says Netresearch; U.S. and Japan economic rebound, three years of underinvestment for computers suggest start of combined economic and IT asset replacement cycle; will likely drive "sustained cyclical recovery in manufacturing around the world." |
| (Post 3252 of 15224) 10/30/2003.15:10:08 |
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Amos, look at Full Apex, Hongguo and Ocean Sky.. crazy bargains |
| (Post 3253 of 15224) 10/30/2003.15:11:36 |
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So far no bad news right? So downward momentum is only temporary, engineered by some syndicates to short down and earn some money. They have a downside too.. if the US markets continue to go up, they will be scrambling over themselves to cover in the next few days   |
| (Post 3254 of 15224) 10/30/2003.15:13:33 |
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Crazy bargains... look at how Swing Mummy and daughter have since come down to reality prices  |
| (Post 3255 of 15224) 10/30/2003.15:14:02 |
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how do big players cover their shorts ? are they given one day to do so ? are they given special trading rights in shorting ? anyone knows ? |
| (Post 3256 of 15224) 10/30/2003.15:15:46 |
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Hongbao ah, everywhere is bargain.. beginning of last week it was like shopping in Orchard Road.. today its like shopping in pasar malam..
realli dont know how long this pasar malam will last.. |
| (Post 3257 of 15224) 10/30/2003.15:16:37 |
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Zombie, agree with you. But more craziness will drive price lower. Market always overcheong on both sidec- up also over cheong, down also over cheong. SO, I let it over cheong down a bit more before I scoop up my favourite stocks again. |
| (Post 3258 of 15224) 10/30/2003.15:17:03 |
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Hangbao, sold my full apex at 0.795 but hold ocean sky & hongguo with a huge paperloss; think need to add more when they rebound...now can only tell my wife that have invested a branded lady's shoe company for her sake (not have bought a pair).  |
| (Post 3259 of 15224) 10/30/2003.15:17:09 |
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hey.. Nov is coming soon, do u think it will.. |
| (Post 3260 of 15224) 10/30/2003.15:18:10 |
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Sino88, no worries for China stuff, where growth is ,so is the demand. |
| (Post 3261 of 15224) 10/30/2003.15:19:25 |
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STI got attack from all angles. No defence line, enemy walk pass thru. |
| (Post 3262 of 15224) 10/30/2003.15:19:34 |
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MEP ur fav stocks
NOL, Singtel, Sempcorp, Kep corp??? Will keep it on mind |
| (Post 3263 of 15224) 10/30/2003.15:21:12 |
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How can STI which was so bullish even up till last week become so bearish out of a sudden? No matter what we think, the fact remains that we are all at the mercy of ang mohs and therefore, we must always kow tow to them. when ang moh says pull out of SIngapore, all funds pull out. Now, wait for STI to drop back to below 1700 and for ang moh to say "selling overdone, overweight Singapore" and then we start piling in again. But always remember, be nimble and run when got profit before the ang mohs sneeze again. Hahahaha! |
| (Post 3264 of 15224) 10/30/2003.15:21:44 |
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guess they will stop when it reaches 1680-1700 ?? |
| (Post 3265 of 15224) 10/30/2003.15:22:39 |
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Cyberian, NOL, Singtel, Semblog and Sembcorp - happy to see them dropping. Kep Corp - very disappointed, price still so high. CDL -lagi more disappointed. Price still on the moon. |
| (Post 3266 of 15224) 10/30/2003.15:25:04 |
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Mep, fully agree...hit my head against the wall for not letting go when prices were high...now holding with some paper loss...where are our Chartists...any good readings for next week?...no energy to  |
| (Post 3267 of 15224) 10/30/2003.15:27:00 |
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Hello Mep |
| (Post 3268 of 15224) 10/30/2003.15:27:10 |
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This seems to be a concerted effort by some analyst to drive the price down and cause panic sell down to their benefit. I salute Gabriel Yap of Kim Eng for speaking up but, where are the other local analyst? Have they lost their voice or are awe in shock???
Speak up now to throw some light in these few days of darkness in trading. |
| (Post 3269 of 15224) 10/30/2003.15:27:36 |
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Mephisto, don't worry, tonight i call my angmo friends to transfer their funds here, they say ok already, no problem.  |
| (Post 3270 of 15224) 10/30/2003.15:28:50 |
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Ang mor tua kee ah |
| (Post 3271 of 15224) 10/30/2003.15:28:59 |
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Haweye8, don't salute Gabriel Yap, I don't trust this fella. As you know in this world there is one such people who could be saying one thing but doing another, you never know. |
| (Post 3272 of 15224) 10/30/2003.15:30:16 |
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Gabra Yap................ |
| (Post 3273 of 15224) 10/30/2003.15:30:37 |
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aiyah just buy lah...... |
| (Post 3274 of 15224) 10/30/2003.15:30:49 |
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Ang Mo friends may have no time, they watching Rugby World Cup at Harry's. |
| (Post 3275 of 15224) 10/30/2003.15:30:52 |
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In real life... that guy can be pretty arrogant
In reel life... that guy can come across as pretty weird
LOL |
| (Post 3276 of 15224) 10/30/2003.15:33:57 |
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Skyfox, at least Gabriel spoke up whereas the other local analyst had kept quiet so far. Personally, I see this sell down as temporary and rebound is inevitable very shortly. |
| (Post 3277 of 15224) 10/30/2003.15:34:00 |
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Ang Mo especially the Americans are far more civilised than most Singaporeans.  Sorry to say. |
| (Post 3278 of 15224) 10/30/2003.15:35:26 |
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Skyfox, yes they are. Most of them anyway  |
| (Post 3279 of 15224) 10/30/2003.15:36:43 |
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Zombie, our favourite CAM Int'l looks like going to join sub-10 cent super club liow! |
| (Post 3280 of 15224) 10/30/2003.15:37:30 |
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Zombie
Hawkeye, you are naive. Anyway, cheers, let's hope for a better market. |
| (Post 3281 of 15224) 10/30/2003.15:37:51 |
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Mep,SkyFox... Don't worry... I use IDD to wake up all my Ang Mo friends. They have already wake up. They told me " Early Birds got worms to eat, and they are the birds, we are the worms...  |
| (Post 3282 of 15224) 10/30/2003.15:38:06 |
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Skyfox, more civilised? Of course, even when they commit the big Enron and Worldcom and Barings fraud, also macam got more class and style. |
| (Post 3283 of 15224) 10/30/2003.15:38:41 |
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I mention about musical chair some time ago. Don't know if anyone get the story.
The reason why STI drops like hot knife through butter is because Singapore economy is still NOT on a solid recovery. If you read reports, jobless rate is still high...more people are getting bankrupt and there are only faint signs of recovery. AND big Ah Mo in America is fighting a terrible guerilla war in Iraq. The issue of soaring oil prices is still not resolved. America's news keeps reporting about an economy recovery because America is going to have Presidential election soon. Trade with care and don't let the big and the bad take away our hard earned money. |
| (Post 3284 of 15224) 10/30/2003.15:38:42 |
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Maxlim, hahaha, good one. |
| (Post 3285 of 15224) 10/30/2003.15:38:48 |
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STI Cheong ahhh!!! |
| (Post 3286 of 15224) 10/30/2003.15:39:31 |
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Ga....?
Is he the one who wear a small glasses, short hair, and always try to talk softly and .......?  |
| (Post 3287 of 15224) 10/30/2003.15:39:36 |
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It is always easy to criticise after the fact...
What his fellow analyst wrote just prior to this meltdown????? Well i will salute any analyst who dare to say the bull is still intact at this moment... Life is like that herd mentality is the safest... for preservation of whatever... if everybody says that ,than it may be true.. non conformist will be hung.. esp messangersof bad news |
| (Post 3288 of 15224) 10/30/2003.15:39:46 |
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Throntonn, what you buying? |
| (Post 3289 of 15224) 10/30/2003.15:40:46 |
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Mep... go look up Swing mummy and daughter |
| (Post 3290 of 15224) 10/30/2003.15:42:27 |
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Mep, just buy tons & tons of UniFibre, Jadason , Integra |
| (Post 3291 of 15224) 10/30/2003.15:44:44 |
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areal believer in the penniss |
| (Post 3292 of 15224) 10/30/2003.15:45:52 |
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virgin buy jada n uf enuf lah. |
| (Post 3293 of 15224) 10/30/2003.15:46:13 |
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Mep...i already bot SHS. |
| (Post 3294 of 15224) 10/30/2003.15:47:51 |
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Mephisto, yesterday I took profit on Looksmart after its recent plunge when MSFT decided not to renew its contract with the former. Rather good profit, did you enter into Seagate? For semiconductor counters any good dip would be a good buy knowing that TSMC is going to increase its output next quarter. |
| (Post 3295 of 15224) 10/30/2003.15:50:45 |
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Didn't KE live on 8 August 10.25am put up on its website "a dead cat bounce......" ?
This dead cat is indeed bouncy all right, having bounced up for so long until mid-last week |
| (Post 3296 of 15224) 10/30/2003.15:50:55 |
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All we need is those houses who did the recommendation to speak up in our National TV. One Yap is not good enough, where are the others - hiding ?? |
| (Post 3297 of 15224) 10/30/2003.15:55:25 |
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Wonder is it just short covering or .... ? |
| (Post 3298 of 15224) 10/30/2003.15:57:29 |
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DJ MARKET TALK/SG: STI Down 0.9%; May Slip Below 1700 N/T
30 October 2003, 14:53 [Dow Jones] STI down 0.9% at 1707.59, falls more from 1715.44 midday, as selling continues. Techs lead losers, likely sparked by STATS' (S24) sharp 14% fall to $2.28; Datacraft (D06) down 5.4% at US$1.22, Chartered (C27) down 3.4% at $1.70. Index may head below 1700 near-term, says Asian brokerage trader, as selling likely to continue. "With buyers hit so badly this week, it will be a while before serious buying resumes." Volume at 1.2 billion shares; 33 gainers, 386 losers, 216 flat/untraded. (ANU |
| (Post 3299 of 15224) 10/30/2003.15:58:08 |
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Singapore Market -- STI - Daily S @ 1680/1640; R @ 1800/1820
The STI reversed from earlier gains to post a loss of 14pts at 1722 close. It traded to an intra day high of 1763 in the morning but dipped in the red by late afternoon. Turnover was heavy, with 1.75bln shares worth $1.26bln traded. At current level, the STI is in the middle of the upward trending channel formed since May when the rally started. It would take a strong uplift above the 1800 resistance for bulls to regain the bullish track. Downside risk in the short term to 1680 remains but overall uptrend expected to hold. |
| (Post 3300 of 15224) 10/30/2003.15:58:09 |
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STI Cheong ahhh!!!! |
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