to Blackjack 21 Trader - waiting for explanation

[hyenergix]

Today is D-day for property prices, stock markets and gold price. Let's see what Ben has in store for US (and us).

[ysyap]

Today is D-day for property prices, stock markets and gold price. Let's see what Ben has in store for US (and us).

Actually is late tonight or early tmr morning! But this morning's stocks went down already with fresh fears of what's not even mentioned yet!

[hyenergix]

It doesn't sound good. But i expect a more impactful announcement only early next year, in case e QE3 runs out of steam before e US presidential election.

[ysyap]

It doesn't sound good. But i expect a more impactful announcement only early next year, in case e QE3 runs out of steam before e US presidential election.

In my opinion, QE3 is unlikely for various reasons! However, if they implement it, and should the steam runs out, they can always implement QE4. Its a disgrace but it's a truth!

[DC33_2008]

Warren Buffet purchase of US$5 Billion may imply something on Fed's annoucement today. may know something

In my opinion QE3 is unlikely for various reasons! However, if they implement it, and should the steam runs out, they can always implement QE4. Its a disgrace but it's a truth!

[ysyap]

Warren Buffet purchase of US$5 Billion may imply something on Fed's annoucement today. may know something

Is it coz they need him to inject funds into the market or coz he knew stocks will climb so he injected it in a hope to make some profit??? How do you interpret it?

[Condo Kaiser]

Warren is anticipating a potential take over from JP morgan...

[amk]

So exciting. Stocks up again. Any one bought into last week can huat a small one this week

Pty market so boring nowadays ...

[devilplate]

So exciting. Stocks up again. Any one bought into last week can huat a small one this week

Pty market so boring nowadays ...

Ppty market still hot leh...ocr new launches hot hot ....sengkang 1100psf got takers....

The marq just found a big carrot!

[hyenergix]

There is a very good chance that once these high psf new launches are out, demand for the current launches will go up, because people will perceive them as value for money. This was what happened to Oasis @ Elias.

There is still plenty of liquidity around, judging from the response at the Hungry Ghost Festival auction dinners and people are willing to spend. December bonus is coming, Q4 2011 - Q1 2012 launches should be quite hot.

[amk]

Ppty market still hot leh...ocr new launches hot hot ....sengkang 1100psf got takers....

The marq just found a big carrot!

All good then. Every one happy Marq can do 6000, all cainhill must be above 3000, all newton must be above 2000. And if sengkang 1100, later bedok reservoir Wee & Co. at least 1200 rite, then followed by bedok town center 1400, then the ultimate bishan 1600 ! suddenly Interlace and Ascentia Sky look incredibly cheap already.

... and where are the gloom and doom guys ? I think they will only come out when STI drops below 2600

[flagship74]

Delicate to home buyer; Tan...tan..tan... tan si mi???

[kingkong1984]

Property prices a good indicator of rich / poor divide.

[DC33_2008]

DJ is down 196 points in first 30 mins trading. Time to buy again on Monday. Really exciting!

[ysyap]

DJ is down 196 points in first 30 mins trading. Time to buy again on Monday. Really exciting!

On the back of unemployment results...

[azeoprop]

Looks like another dark monday haa haa...

[devilplate]

Looks like another dark monday haa haa...

Trading hse gain the most!

[DC33_2008]

Surely another black monday with DJ 250 over points down due to law suit on banks on mortgage loan and job figures.

Looks like another dark monday haa haa...

[kingkong1984]

Very voilatile... Very risky.. Can be rewarding.

Expect 100 points drop in sti? Hahaha....

[bargain hunter]

huh? this kind of dow volatility is not a surprise any more. no black monday, no big drop but some drop.

[DC33_2008]

huh? this kind of dow volatility is not a surprise any more. no black monday, no big drop but some drop.

Good to make $ in such market.

[phantom_opera]

10y US treasury yield is now below 2%

[kingkong1984]

Business Times - 06 Sep 2011

Torrent of bad news as markets fear the worst

Poll setback in Germany, slowdown in HK and jobs crisis in US add to recession fears


By CONRAD TAN IN SINGAPORE AND NEIL BEHRMANN IN LONDON

STOCKS across Asia and Europe slumped yesterday amid a slew of bad news, reinforcing fears that the world's biggest economies are sliding back into recession.

Shares of export-oriented firms across Asia were hammered, after the monthly US employment report last Friday showed that the world's biggest economy added no new jobs in August, while the number of new jobs added in July was revised downwards to just 85,000, from 117,000.
In Taiwan, the benchmark Taiex index fell 2.6 per cent, dragged down by shares in exporters such as smartphone maker HTC Corp, which slumped by 4.6 per cent. Hon Hai Precision Industry Co - the anchor company of Foxconn Technology Group, which makes iPhones and iPads for Apple - ended 3.9 per cent lower.

South Korea's Kospi index plunged 4.4 per cent, weighed down by firms such as consumer electronics maker Samsung Electronics and car manufacturer Hyundai Motor.

Financial firms with significant businesses in the US were also hit hard, after the US government on Friday sued 17 banks that included Japan's Nomura Holdings, as well as Barclays, HSBC, Royal Bank of Scotland (RBS), Societe Generale, Credit Suisse and Deutsche Bank in Europe, alleging that they sold nearly US$200 billion worth of home loans to mortgage agencies Fannie Mae and Freddie Mac without disclosing how risky they were.
Adding to the woes, the Hong Kong purchasing managers' index published by HSBC fell to 47.8 in August from 51.4 in July, suggesting that economic activity there may be shrinking. The Hang Seng Index slid 3.0 per cent to end at 19,616.40.

Here, the Straits Times Index fell 2.5 per cent to 2,773.17, with all 30 of its members suffering declines.
The grim sentiment spilled over into European markets, with most major indices across Europe down by 3 per cent or more in early trading. Bank stocks led the decline, with RBS shares plunging more than 10 per cent in London trading.

In the United Kingdom, a monthly index that tracks business activity in services such as financial intermediation, and transport, storage and communication but not retail, fell sharply in August compared to July, suggesting that the pace of expansion is slowing to a crawl.
Also contributing to the worries was the heavy defeat suffered at the polls by German Chancellor Angela Merkel's party in state elections - its fifth election loss this year. The drubbing it received fuelled investors' fears that European leaders' efforts to rescue ailing eurozone countries such as Greece, Portugal, Ireland and Spain could stumble in the face of popular dissent.

Talks among officials from the European Union, the International Monetary Fund and Greece broke off unexpectedly last Friday after it became clear that Greece had yet to meet conditions set for a 110 billion-euro (S$188 billion) loan from the EU and IMF announced earlier.
Some investors now fear that a default by Greece is inevitable and are worried that the fallout could overwhelm other eurozone members also struggling with a mountain of debt.

Such has been the contagion of the crisis that Christine Lagarde, the new IMF managing director, has called for more Keynesian stimulus to counter a recession in Europe and the US. She told German magazine Der Spiegel that the US and Europe should withdraw from fiscal austerity and switch to stimulus measures. The global economy faced a 'threatening downward spiral', she said.

'There has been a clear crisis of confidence that has seriously aggravated the situation,' she said. 'Measures need to be taken to ensure that this vicious circle is broken.'

'It is a combination of slow growth coming out of the financial crisis and heavy sovereign debt,' she added. 'Both fuel serious concerns about the capital and the strength of banks, notably when they hold significant volumes of sovereign bonds. Should banks experience further difficulties, further countries will be stricken. We have to break this cycle.'

Copyright © 2010 Singapore Press Holdings Ltd. All rights reserved.

[DC33_2008]

Today will be another dismal day for stocks. Still waiting to go in....

Business Times - 06 Sep 2011

Torrent of bad news as markets fear the worst

Poll setback in Germany, slowdown in HK and jobs crisis in US add to recession fears


By CONRAD TAN IN SINGAPORE AND NEIL BEHRMANN IN LONDON

STOCKS across Asia and Europe slumped yesterday amid a slew of bad news, reinforcing fears that the world's biggest economies are sliding back into recession.

Shares of export-oriented firms across Asia were hammered, after the monthly US employment report last Friday showed that the world's biggest economy added no new jobs in August, while the number of new jobs added in July was revised downwards to just 85,000, from 117,000.
In Taiwan, the benchmark Taiex index fell 2.6 per cent, dragged down by shares in exporters such as smartphone maker HTC Corp, which slumped by 4.6 per cent. Hon Hai Precision Industry Co - the anchor company of Foxconn Technology Group, which makes iPhones and iPads for Apple - ended 3.9 per cent lower.

South Korea's Kospi index plunged 4.4 per cent, weighed down by firms such as consumer electronics maker Samsung Electronics and car manufacturer Hyundai Motor.

Financial firms with significant businesses in the US were also hit hard, after the US government on Friday sued 17 banks that included Japan's Nomura Holdings, as well as Barclays, HSBC, Royal Bank of Scotland (RBS), Societe Generale, Credit Suisse and Deutsche Bank in Europe, alleging that they sold nearly US$200 billion worth of home loans to mortgage agencies Fannie Mae and Freddie Mac without disclosing how risky they were.
Adding to the woes, the Hong Kong purchasing managers' index published by HSBC fell to 47.8 in August from 51.4 in July, suggesting that economic activity there may be shrinking. The Hang Seng Index slid 3.0 per cent to end at 19,616.40.

Here, the Straits Times Index fell 2.5 per cent to 2,773.17, with all 30 of its members suffering declines.
The grim sentiment spilled over into European markets, with most major indices across Europe down by 3 per cent or more in early trading. Bank stocks led the decline, with RBS shares plunging more than 10 per cent in London trading.

In the United Kingdom, a monthly index that tracks business activity in services such as financial intermediation, and transport, storage and communication but not retail, fell sharply in August compared to July, suggesting that the pace of expansion is slowing to a crawl.
Also contributing to the worries was the heavy defeat suffered at the polls by German Chancellor Angela Merkel's party in state elections - its fifth election loss this year. The drubbing it received fuelled investors' fears that European leaders' efforts to rescue ailing eurozone countries such as Greece, Portugal, Ireland and Spain could stumble in the face of popular dissent.

Talks among officials from the European Union, the International Monetary Fund and Greece broke off unexpectedly last Friday after it became clear that Greece had yet to meet conditions set for a 110 billion-euro (S$188 billion) loan from the EU and IMF announced earlier.
Some investors now fear that a default by Greece is inevitable and are worried that the fallout could overwhelm other eurozone members also struggling with a mountain of debt.

Such has been the contagion of the crisis that Christine Lagarde, the new IMF managing director, has called for more Keynesian stimulus to counter a recession in Europe and the US. She told German magazine Der Spiegel that the US and Europe should withdraw from fiscal austerity and switch to stimulus measures. The global economy faced a 'threatening downward spiral', she said.

'There has been a clear crisis of confidence that has seriously aggravated the situation,' she said. 'Measures need to be taken to ensure that this vicious circle is broken.'

'It is a combination of slow growth coming out of the financial crisis and heavy sovereign debt,' she added. 'Both fuel serious concerns about the capital and the strength of banks, notably when they hold significant volumes of sovereign bonds. Should banks experience further difficulties, further countries will be stricken. We have to break this cycle.'

Copyright © 2010 Singapore Press Holdings Ltd. All rights reserved.

[Laguna]

Today will be another dismal day for stocks. Still waiting to go in....

for equity, wait till second half of next week to go long and hold till mid/late Oct, need to reassess the exit timing if buy into mid next week.
c whether I can get the reading right this time
I dun trade shares....but doing indexes

[devilplate]

for equity, wait till second half of next week to go long and hold till mid/late Oct, need to reassess the exit timing if buy into mid next week.
c whether I can get the reading right this time
I dun trade shares....but doing indexes

whip saw period.....its like betting BIG SMALL

[DC33_2008]

Do you think DJ will go lower tonight? Obama is going to speak this week.

for equity, wait till second half of next week to go long and hold till mid/late Oct, need to reassess the exit timing if buy into mid next week.
c whether I can get the reading right this time
I dun trade shares....but doing indexes

[bargain hunter]

a down DJ is already built in by the big fall in europe yesterday and the 2 days of falls in asia.

Do you think DJ will go lower tonight? Obama is going to speak this week.

[kingkong1984]

http://www.reuters.com/article/2011/...7JV2T720110831

watch this friday.

[bargain hunter]

hmm...another reversal day again today.