WARNING: Beware The STI Hovering At 1700 Points

ahleebabasingaporethief · Feb 5, 2009

They are fishing for suckers and trying to make it look that this is the BOTTOM.

It is not.

They are stuck with huge positions waiting to off-load because they need money for themselves.

Yes there are opportunities in this bear market, but one must be really really chun and have no sentiments or emotions. if you even have one or the other, please dont trade. You will lose money.

Bottom for the STI for this crisis should be below 1000. Don't ask me when. It will happen.

Just don't be a sucker.

pia · Feb 5, 2009

ahleebabasingaporethief said:
They are fishing for suckers and trying to make it look that this is the BOTTOM.

It is not.

They are stuck with huge positions waiting to off-load because they need money for themselves.

Yes there are opportunities in this bear market, but one must be really really chun and have no sentiments or emotions. if you even have one or the other, please dont trade. You will lose money.

Bottom for the STI for this crisis should be below 1000. Don't ask me when. It will happen.

Just don't be a sucker.

By what you are saying, we should ride with these big players by going in now, but get out when the real suckers go in, shouldn't we?

Like you said there are opportunities :biggrin:

newyorker88 · Feb 5, 2009

ahleebabasingaporethief said:
They are fishing for suckers and trying to make it look that this is the BOTTOM.

It is not.

They are stuck with huge positions waiting to off-load because they need money for themselves.

Yes there are opportunities in this bear market, but one must be really really chun and have no sentiments or emotions. if you even have one or the other, please dont trade. You will lose money.

Bottom for the STI for this crisis should be below 1000. Don't ask me when. It will happen.

Just don't be a sucker.

They prompt up STI to draw in the suckers, and like you say, they will unload and buy back when it is real low. Under 1000? That is going to be really bad.

Just keep out from stocks if you are not a good player.

Got more worse news from China. about 10% or more chinaman got no job, and more may lose their jobs. Singapore may contract 10% in GDP from bloomberg news.

Hope for the best and dont anyhow spend if no need. You have been advised.

sleaguepunter · Feb 5, 2009

If Reits need $12 billion to refinance their debts, better dont go in now. Look like the bottom out should be around 1400-1500.

Einfield · Feb 5, 2009

newyorker88 said:
They prompt up STI to draw in the suckers, and like you say, they will unload and buy back when it is real low. Under 1000? That is going to be really bad.

Just keep out from stocks if you are not a good player.

Got more worse news from China. about 10% or more chinaman got no job, and more may lose their jobs. Singapore may contract 10% in GDP from bloomberg news.

Hope for the best and dont anyhow spend if no need. You have been advised.

Don't know about the below 1000 point theory but the next 3 to 6 months, we will see the effect of the lay offs,
Ass Loon keep saying there's no deflationary spiral risk, but I see huge risk, we will know in 6 months time.

2lanu · Feb 5, 2009

ahleebabasingaporethief said:
Bottom for the STI for this crisis should be below 1000. Don't ask me when. It will happen.

How you derive to the magic figure of "below 1000"? Pluck from air?

Hope · Feb 5, 2009

2lanu said:
How you derive to the magic figure of "below 1000"? Pluck from air?

I think 1000 is too much

2lanu · Feb 5, 2009

Einfield said:
Don't know about the below 1000 point theory but the next 3 to 6 months, we will see the effect of the lay offs,
Ass Loon keep saying there's no deflationary spiral risk, but I see huge risk, we will know in 6 months time.

There are people that always look on the bad side. In the boom times, they say market priced too high, wait for it to come down.

Now when price come down, they give excuses to sit and wait. Only to see it up and they still waiting... :rolleyes:

WARNING: Beware The STI Hovering At 1700 Points

ahleebabasingaporethief

Alfrescian

pia

Alfrescian

newyorker88

Alfrescian

sleaguepunter

Alfrescian (Inf)

Einfield

Alfrescian

2lanu

Alfrescian

Hope

Alfrescian

2lanu

Alfrescian

Similar threads