Got shares, stuck on my portfiolio and am stuck with a lot of paper value loss
Cut loss and now waiting to stay invested
Sold everything on the high and out
Cathay Pacific unable to stop SIA from entering China market, SIA shares up liao
hey.. if yr airline is really good, people will sit in your planes. dun need to play like that lah.
Last edited by raincool2005; 25th September 2007 at 12:05 PM.
STI continues to surge after outperform manufacturing data released. So much talk about recession.
Many houses are talking that STI will reach 4,200 by early next year. Bull is here!!!
Everyone is making a killing now in stock market. The spillover impact is that more and more people will increase on their consumption on luxury goods, cameras, etc.
It will be a fruitful 2007 for investors.
Happy making money.
managed to earn 1k yesterday, still holding some.
STI immediate support is at 3550, first resistance line is 3870. second resistance is 4000.
HUAT AHH !
USM, huat ahh ! Dow Jones cross 14,000 mark again.
So many people are crowding at securities firms, all making big bucks. That will indirectly fill through the economy through higher consumption. Therefore, Singapore economy will continue to achieve high GDP growth for the next few quarters.
bull run is in for 2008. just wait for the nov 07 to watch for the signs . i also make money from stock markets liao but not enough yet to buy the 1d mark 3
however i have a strategy:
when stocks undergo correction, i will sell upon onset of correction, take profit, then transfer funds to trade forex, since it is not easy to shortsell stocks, even with cfd. (i tried b4 liao - not easy). then continue to make money via forex throughout the stocks correction. then when stocks correction is over, i will transfer funds back to stocks and buy long position and wait until the next correction cycle then turn to forex again.
for futures - its similar to forex, just that its more slow moving.
Got in on AAPL at 114 just before the release of the iPhone in May. Wanted to hold it a little longer and sell it off at 16t0, but sub prime issues tanked it to 120, I shorted at 125. Got back in at 130, exit plan, short at 165. Wanted to pick up SGX beginning of the year, but no cash. Now it's almost double the price, crap.
Thanks the rally due to china stocks, I managed to recoup some of my losses recently
China is releasing a new mega fund isn't it? Inflation management was thrown out of the window during the rate cut.
made profits again today.
loaded up some marine counters, their chart technicals looking good.
btw, market correction is coming soon. STI support will be around 3550-3600, if counted in fundamentals maybe around 3700 managable.
i am waiting for the big boys to do a opera show as planned and cheap bargains will appear.
STI index is approaching 4,000 mark.
once mission accomplished > GET OUT
Last edited by raincool2005; 10th October 2007 at 11:37 AM.
who wants to wager that market is gonna crash next week? Stake is 4 pints of Stella Artois....
I'd go with a slight correction late next week, won't dip r tank much imo.