What Shares To Invest?????

[Vknighthawke]

As long as there is market movement, me will be in! Either go in Long or Short..
Went Short on Cosco from the opening bell, covered my position when it hit 0.78... Lots of people Lost Big Time when it Plunged ytd..
Now waiting for CityDev to drop then will buy in again..haha

[jazz_samz]

That is why I mentioned :

I've made steps to take a 180 deg abt turn strategy liao.... i.e. Not looking at how the counters are gaining but the opposite...

Cashed in before lunch yesterday and was already in tune for today's performance... Think PW.. ahahhahahah

[116520]

index dropped 68pt... opportunity coming again...

[armchaireconomist]

Actually... what's really scary about the stock market are how fast and furious it rise and fall. If we really think about it... the economy doesn't suddenly change overnight just because of some bad or good news...

I did expect markets to pick up after the EU meeting on Sunday. And factor in profit-taking from the losses last week.. but still... the swing is dramatic. And then everything stopped in its tracks today. Was today so different from yesterday?

It just shows how fickle we humans are...

And I hope Krugman is right that last Sunday's decision is the turning point of this crisis. And I'm happy that he landed the Nobel Prize. Didn't waste my money buying his books. But if we really want to learn something ... read Charles Handy and Kenneth Boulding. They taught me to understand what all this means far more than all the economic books combined.

P.S. I, somehow, think I might get some heat from posting this... but hey... that's the way it is, isn't it?

[jazz_samz]

Yup... I agree to you on the confusion of today's performance against yesterday's but when HSI opened yesterday, had it opened fast and furious, it would have stirred a rally, however, it did not. But rather seem to be stalling.. so that made me change my game plan before lunch...
Maybe be a good thing to put some small sum on PW....

FTSE down 7.4%...
DJIA down 3.5%...

[Vknighthawke]

Maket Plunge, CITYDEV down to $6.82, Waiting to BUY BUY BUY

[mazingerz]

STI closed at 1600.28......

SHARES UPDATE!!!!! 24/10/2008


Noble Grp $0.470
DBS $10.040
Capitaland $2.580
China XLX $0.280
CITYDEV $6.100
Sino-Env $0.430
SPC $2.080
SPH $3.310
StarHub $2.100
Venture $4.420
Semb Corp $1.830

Straits Times Index closed at 1,600.28 !!!! -145.39 HUAT AH!!!!

[116520]

The end of the world!!!

SHARES UPDATE!!!!! 24/10/2008


Noble Grp $0.470
DBS $10.040
Capitaland $2.580
China XLX $0.280
CITYDEV $6.100
Sino-Env $0.430
SPC $2.080
SPH $3.310
StarHub $2.100
Venture $4.420
Semb Corp $1.830

Straits Times Index closed at 1,600.28 !!!! -145.39 HUAT AH!!!!

[armchaireconomist]

As grave and real as the economy and the credit crunch is... it doesn't warrant the kind of panic that the world markets are showing...

It is just the exact opposite of irrational exuberance... whatever it is... its totally irrational...

[116520]

roosterkkk, hopefully you're right. Bought some blue chips on Thursday (23Oct2008), thought market will bounce on Friday, instead got burn a bit. Luckily earned a bit for the past 3 weeks from playing contra.... keeping my fingers cross now...

End of the world????

No No No ... begining of a new world.
Opportunity for ppl to turn fortunes around.
Many rich ppl will become normal, while some normal ppl will sieze opportunity and turn fortunes around..
Slowly go thru sieve thru' the "crushed" stock and pick up some good blue chips. Lock them in for 2-3 years..
I believe the returns will be good...

[feilong108]

roosterkkk, hopefully you're right. Bought some blue chips on Thursday (23Oct2008), thought market will bounce on Friday, instead got burn a bit. Luckily earned a bit for the past 3 weeks from playing contra.... keeping my fingers cross now...

now still can play contra???tot got new regulations on it liao...hmm....

[116520]

As long as you buy and sell within the grace period given by your bank's broker, you only need to pay the difference at the due date if stock price is down. If stock price is up, the bank will send you a cheque

now still can play contra???tot got new regulations on it liao...hmm....

[116520]

Yes, you are right... I don't recommend ppl to play contra too... it is just somehow for the past 2-3 weeks, the stock market trend were the same, once the market has a big drop of 2-3 market day, I buy. And lucky enough, the market went up the following week (like monday and tuesday), so I sell loh... been doing this for the past 2-3 weeks....

Of course I buy only when there is a "big" drop in the market like thursday's market but never know friday drop somemore... ha ha.... so now has to stick to your strategy, hold on to these blue chips and lock away...

LKY is one of the GREATEST Politician in the world. On the other hand, in the I don't really believe in his idea on the finanical market.

116520, I am no stock guru..
I do not recommend contra trading in today's volatile market.
However I do encourage picking up bit by bit blue chips stocks and lock away.
As LKY said, unless some banking fundamentals go wrong, the economy will return in 2-3 yrs..
I have lots of respect for LKY.
Most importantly, u must hv holding power..

[mazingerz]

bearish market

End of the world????

No No No ... begining of a new world.
Opportunity for ppl to turn fortunes around.
Many rich ppl will become normal, while some normal ppl will sieze opportunity and turn fortunes around..
Slowly go thru sieve thru' the "crushed" stock and pick up some good blue chips. Lock them in for 2-3 years..
I believe the returns will be good...

yup agreed,,, as long as u know when to sell it... dont be too greedy...
this malfunction of bank section will greatly affect the rest of the sections.. buy in blue chips and wait....
good time to invest.. waiting DBS <$6... capitaland <$2

[116520]

When DBS<$6, capitaland<$2, you will looking forward for DBS<$3, capitaland<$1....

Now mkt already drop close to SARS level... so unless more bad news coming, e.g. Sands go busted, SARS again, USA war with Iran, etc... Now consider as RELATIVELY (don't say I misleading huh...) low.... ha ha....

yup agreed,,, as long as u know when to sell it... dont be too greedy...
this malfunction of bank section will greatly affect the rest of the sections.. buy in blue chips and wait....
good time to invest.. waiting DBS <$6... capitaland <$2