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STI to cross 3000 boosted by long-term investors

明 天 带 你 去 卖 缸 楼 吃 早 餐 !

 

Huat la.. My Dow...

 

Still waiting to pick 榴 莲

 

Wayang wayang by Ang Moh...will get over in days ..or 11 hours of 17 oct.

Octavia      ( Date: 01-Oct-2013 16:10) Posted: With the House not even voting on a continuing resolution to fund the government, a shutdown is now a reality. This implies some 800,000 federal employees will stay at home this morning since they are no longer getting paid. The government shutdown also prevents any federal agency from committing any payments in the future. Some exception is allowed for federal employees who are involved in security such as air traffic controllers etc. What does a shutdown imply for the economy and financial markets: 15 bps drag on fourth quarter GDP for every week of shutdown. Estimations are around at least US$300 million a day in lost economic output at the start and the impact is likely to grow over time as skittish consumers and businesses stay on the sidelines. Data releases will be delayed including non-farm payrolls (large implications for volatility trading) Data collection will also be affected and therefore future data may be less reliable when it does get released. What to look out for next: October 17th - the Treasury continues to manage cash using 'extraordinary measures' to keep funding existing programs. Even with these in place the debt limit will be reached 'no later than October 17th' according to Secretary Lew. November 1st - the specific date when the treasury runs out of cash is an area of uncertainty as revenue and expenditure can be volatile. The US may be able to stretch the extraordinary measures to instruct the Fed to make some payments (such as coupon and principal) which may push the actual date the Treasury runs out of cash to early November. At this point the debt ceiling is reached. Market Impact - while there has not been a government shutdown in the past 17 years, there have been 8 in the past 30 years, with most lasting just 1-3 days. Short term government shut-down tends to have limited long term impact on credit markets assuming they last at most a week or so.

 

Short sell orders executed on 01 October 2013

  http://www.sgx.com/wps/wcm/connect/sgx_en/home/market_info/short_sale/short_sale_daily/DailyShortSell20131001.txt

 

Dow future is green. Lets see whether it will pull up the situation. Good luck.

 

Look like short covering,,,,,just now buy a broking firm sell also a broking ,,,,,more like short covering,,,,,,

 

Take profit if got profit ,,,,Mai tu liao,,,,,,wait for tomorrow see how,,,,still got chance to buy

 

With the House not even voting on a continuing resolution to fund the government, a shutdown is now a reality. This implies some 800,000 federal employees will stay at home this morning since they are no longer getting paid. The government shutdown also prevents any federal agency from committing any payments in the future. Some exception is allowed for federal employees who are involved in security such as air traffic controllers etc. What does a shutdown imply for the economy and financial markets: 15 bps drag on fourth quarter GDP for every week of shutdown. Estimations are around at least US$300 million a day in lost economic output at the start and the impact is likely to grow over time as skittish consumers and businesses stay on the sidelines. Data releases will be delayed including non-farm payrolls (large implications for volatility trading) Data collection will also be affected and therefore future data may be less reliable when it does get released. What to look out for next: October 17th - the Treasury continues to manage cash using 'extraordinary measures' to keep funding existing programs. Even with these in place the debt limit will be reached 'no later than October 17th' according to Secretary Lew. November 1st - the specific date when the treasury runs out of cash is an area of uncertainty as revenue and expenditure can be volatile. The US may be able to stretch the extraordinary measures to instruct the Fed to make some payments (such as coupon and principal) which may push the actual date the Treasury runs out of cash to early November. At this point the debt ceiling is reached. Market Impact - while there has not been a government shutdown in the past 17 years, there have been 8 in the past 30 years, with most lasting just 1-3 days. Short term government shut-down tends to have limited long term impact on credit markets assuming they last at most a week or so.

 

 

Hoot ah

 

3pm games start again

 

Market so far so good, cut already cut so no much selling pressure,look like attractive again,,,,,,look like seller all waiting to sell at highest price,,,,,,,,,may be bargain hunting time coming?????any advice from sifu

 

looks like US markets will resume upside movement though may not be much but who knows

 

Japan raise tax,,,,,,japanarket reverse up

 

12:07: That concludes this evening's liveblog. Please check back with CNBC.com throughout the evening for further updates on the U.S. government shutdown.

12:06: The Senate plans to take up the House's latest motions at 9:30 a.m. ET Tuesday.

S'pore time - adios...morning lohh (Wed)

teeth53      ( Date: 01-Oct-2013 12:06) Posted: 12:02: Dow futures still up 26 points. Meanwhile, networks have shifted from counting down to the shutdown, to counting up to mark how long the shutdown has lasted! 12:00: And there you have it (no showdown, it a  shutdown) teeth53      ( Date: 01-Oct-2013 11:56) Posted: http://www.whitehouse.gov/sites/default/files/omb/memoranda/2013/m-13-24.pdf

 

Shut down shout down but马 照 跑 ， 舞 照 跳 ， 不 是 世 界 末 日 ， also buy opportunity if you pocket deeeeep

 

Kelvin Han, Chief Trainer V3Go, is a bankrupt but is still living like a king now... Are bankruptcy laws fool proof? lol

eurekaw      ( Date: 01-Oct-2013 11:39) Posted: Just came across this....fyi   ADDITIONAL CHARGES: Han could not repay the $718,000 he lost and was declared a bankrupt on Jan 19 last year. Even after that, he got involved in three firms. For this, he was jailed for another month. TRAINING firm Zone Financial was set up to teach people how to trade futures contracts and indexes. But it acted as a fund manager between May 2004 and August 2006, collecting nearly $4 million as personal loans from 32 people. Its managing director, Kelvin Han How Yong, 28, was yesterday jailed for five months after pleading guilty to allowing the firm to engage in fund management without a capital markets services licence from the Monetary Authority of Singapore (MAS). Han would persuade participants at his training sessions to invest in a fund - called Kelvin's Fund - for periods ranging from a few weeks to six months. The money was used to trade futures contracts and indexes and he promised his clients returns of 1 per cent to 5 per cent per month, depending on the amount they put in. By the time he resigned as managing director in August 2006, he had lost about $718,000. Two months later, the Commercial Affairs Department began investigations after several people reported to the police that Han had cheated them into investing various sums of money. Han could not repay the money lost and was declared a bankrupt on Jan 19 last year. He has yet to make any restitution of the $718,000 he lost while the remainder of the sum invested has been returned to the investors. Even as a bankrupt, Han was not done yet. Although bankrupts are not allowed to engage in the management of companies without the permission of the court or the Official Assignee, Han got involved in three firms almost immediately. For this, he was jailed for another month. The court heard that Han had asked his father, Mr Han Koon Siong, to set up event management firm Cronwell in November 2006 with a paid-up capital of $1. Between January and August last year, he took charge of the firm and managed it. Two other charges of acting as a director of AOL Capital and Rimson Investments last year were considered by the judge when deciding on the sentence. Zone Financial was also fined $20,000 for offering fund management services without the appropriate licence. The firm has since become inactive. The MAS said there are 110 firms holding capital markets services licences.

 

12:02: Dow futures still up 26 points.

Meanwhile, networks have shifted from counting down to the shutdown, to counting up to mark how long the shutdown has lasted!

12:00: And there you have it (no showdown, it a  shutdown)

teeth53      ( Date: 01-Oct-2013 11:56) Posted: http://www.whitehouse.gov/sites/default/files/omb/memoranda/2013/m-13-24.pdf

 

Bloomberg TV also shut down