
Yahohh....Yahoo. It is back again to sti 3,150. J
teeth53 | Posted: 22-Jan-2007 18:31 |
Expecting some profit taking on some penny stocks thou...esp those that has run up too sudden, then again expecting many to punt again..sti to stay within range (just about ST index 3,150 pt-just my tot). |
Any how, some how in bull or mini bull run. Louszzzzy stocks or even problematically stocks can oso cheongg...20%, no problem one. J
Bull is back !!!
Gentle reminder-Martin Armstrong's 4.3 years business cycle peak about 1 month away.
Make sure you have stop loss(real stop loss not mental stop loss as you may not execute it when the correction starts.
The EDGE target 3700 for STI
Prime properties projected price 4000/sq. foot
One big mac-$100?
Good volumes on STI today.
The bull is still here!
The bull is still here!
In 1994,i bot commonwealth bank of australia shares ,it is a bank share,like DBS,for A$7.Now it is trading at A$50.
Dividend is about 7.5% yield for last 12 years.
And you can imagine all the many 52-wk highs and 52-wk lows that these people endured in the process of holding 'long-term. Or perhaps they weren't even aware that they've become multi-millionaires.
wonder anyone of u here heard of those old tales about the rich ah peks who bought blue chips like ocbc, robinson, F&N, etc then hid them away in secret places, which were only known to themselves until thy kingdom comes. totally forgotten even after their deaths.
You mean all the stocks in your friend's portfolio are making lots of money?
ya my fren still holding BBR bought at 2.5c, PDC bought at 1.5c, SMRT bought at 69c...He doesnt not even know what is PE ratio. B4 that, he got windfall from having Tatlee bank shares, STE shares.... He doesnt get excited by the price now, so he is one living proof of holding shares long term and if liqidate now, will make lots and lots of $$$$$.
must also able to have live indexes update from other market as well as live charting.
I just find that you can make a lot more profits if one can find a really good share, buy and hold for long term rather than always punting. Just my personal observation. However things are different if you are a trader with the computer in front of you.
STI uptrend will be still intact as companies will be going for takeovers to make sure they are buying companies at a bargain price now. Takeovers, rate cut ( corporate ), CPF adjustments ( retail investors ), cheaper oil ( consumer multiplier effects ) are vital ingredients to huff and puff STI to unchartered waters. Also there are many CHina-linked counters to play as well. So pessimists out there, please share your views!
I see.But i am not quite into punting yet.
I like to buy and hold for a while.
Thus i like to see value in a share b4 buying.
STI is down on profit taking (within my expection), down by 12.3 pt to sti 3132.90 pt, esp those that have runup, so is penny stocks.
When we trade technically, we do not bother much about fundamentals, let alone 'transparency' or whatever... :)
Sorry ipunter ,cannot understand what u mean when u say relativity.
Relativity?
It is not the made in china product but somehow i feel safer with spore shares--more transparent.
Some how,i mean u maybe rite in Hengxin,but china shares not so transparent to me.