Subprime issue in the financial markets and your shares

[raincool2005]

who wants to wager that market is gonna crash next week? :sweat: Stake is 4 pints of Stella Artois....

they will make use some bad news (trying hard to find) to sell down the market.

before u can have a correction or pullback, u need market to go really high...

 

[NitroTech]

who wants to wager that market is gonna crash next week? :sweat: Stake is 4 pints of Stella Artois....

2nd day already....... 2 days down 3% so far.... more to go? :devil:

 

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2nd day already....... 2 days down 3% so far.... more to go? :devil:

Time for minor or major corrections. :think:

 

[raincool2005]

loaded some blue chips and Cosco on bargains. :thumbsup:

 

[raincool2005]

Time for minor or major corrections. :think:

tonite US market will rebound becos Yahoo has some good news.

 

[Astin]

loaded some blue chips and Cosco on bargains. :thumbsup:

Haha as wat some say, go Cosco go!

 

[NitroTech]

tonite US market will rebound becos Yahoo has some good news.

Yup. Nasdag Futures up 16 pts now... Bought Uni-Asia at $1.36, just sold off at 1.56.. Bought Yang Zi Jiang at 2.50 sold off at 2.64. Sweet. :lovegrin: Dare not hold overnight.

 

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Yup. Nasdag Futures up 16 pts now... Bought Uni-Asia at $1.36, just sold off at 1.56.. Bought Yang Zi Jiang at 2.50 sold off at 2.64. Sweet. :lovegrin: Dare not hold overnight.

Cheese, missed out all the fun, but then my UT is doing extremely well... :bsmilie:

 

[Astin]

Cheese, missed out all the fun, but then my UT is doing extremely well... :bsmilie:

Congrat. Many UT are making very good gains.

 

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Congrat. Many UT are making very good gains.

The best still those UT involved in China and India funds.... Huat ah! :bsmilie:

 

[raincool2005]

collected F&N (blue chip) at lows today, i think with LHY leading the company from 15th October, business profits will set to do better, huge dividends yield expected in long run.

this stock will do well during festive seasons like Christmas and Chinese New Year due to huge demand for drinks and food products.

as for SG banks, stay cautious.

:lovegrin:

 

[raincool2005]

The best still those UT involved in China and India funds.... Huat ah! :bsmilie:

Indian market suffered a big plunge today due to some restriction laws on foreign money.

As for China, remember to take profits before 8th August 2008.

 

[raincool2005]

Yup. Nasdag Futures up 16 pts now... Bought Uni-Asia at $1.36, just sold off at 1.56.. Bought Yang Zi Jiang at 2.50 sold off at 2.64. Sweet. :lovegrin: Dare not hold overnight.

u are a brave soul ! dare to trade Uni-Asia ! :thumbsup: those who caught at highs were badly burned, expecting some force sellings this week.

Yangzijiang is like Cosco. Both counters are played up by foreign bank funds. I sold some lots and saw ML, JPM etc... stay alert.. as they are not stupid to give free money, they had a plan, and u also better have a plan to exit.

 

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Indian market suffered a big plunge today due to some restriction laws on foreign money.

As for China, remember to take profits before 8th August 2008.

Indian stock market regulator proposed urgent curbs on the flow of foreign funds into shares, in order to stop the market overheating. It is good for long term investment.

As China market difficult to say, maybe by end of this year need to be cautious.
The China share market can never be always moving up. Too scary.

 

[raincool2005]

Indian stock market regulator proposed urgent curbs on the flow of foreign funds into shares, in order to stop the market overheating. It is good for long term investment.

As China market difficult to say, maybe by end of this year need to be cautious.
The China share market can never be always moving up. Too scary.

well.. market is now in the phase called " game of the greater fool ", just like year 1999-2000.

the ones that will survive thru are those who are disciplined with their profit targets.

 

[USM]

well.. market is now in the phase called " game of the greater fool ", just like year 1999-2000.

the ones that will survive thru are those who are disciplined with their profit targets.

Someone like you who always make $1,000 a day. No need to work also can. :sweat:

No wonder peopel always say - the rich gets richer. :thumbsup:

 

[NitroTech]

collected F&N (blue chip) at lows today, i think with LHY leading the company from 15th October, business profits will set to do better, huge dividends yield expected in long run.

this stock will do well during festive seasons like Christmas and Chinese New Year due to huge demand for drinks and food products.

as for SG banks, stay cautious.

:lovegrin:

Yeah F&N and APB are both my favaourite blue chips. really recession proof. I still got 3 lots of F&N in CPF, bought at $8 (pre split). Effectively now 15 lots. Will never sell.... until it reaches $10 (post split).

 

[raincool2005]

today is 19th Oct, 20 years ago was the infamous day called BLACK MONDAY

http://en.wikipedia.org/wiki/Stock_market_crash_1987

:think:

 

[raincool2005]

Yeah F&N and APB are both my favaourite blue chips. really recession proof. I still got 3 lots of F&N in CPF, bought at $8 (pre split). Effectively now 15 lots. Will never sell.... until it reaches $10 (post split).

i only got 1 lot in long term holding. Sold 3 lots in short-term trading. Me expecting market to stay volatile next 2 weeks, watching this gem closely for a cheap buy.

 

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i only got 1 lot in long term holding. Sold 3 lots in short-term trading. Me expecting market to stay volatile next 2 weeks, watching this gem closely for a cheap buy.

The problem is I doubt the bull run for this year will not last for so long.
Worse still:
1. US Sub prime problem is not solved yet.
2. With the baby boom going to retire Jan 08, the US will be collecting less tax
3. With high trade deficit, there are more outflow of $$
4. Expenses on war....
With all this problem, their pocket are going to bleed to death.