Economy slowdown

[kim-seng-heng]

Originally Posted by ethanlee

market down or up we just trade what we see.

i ve been a full time trader for almost a year now.

my trading is based on pure TA with limited risk.

nowadays still can make money from the market just that the profits might nt be as much as before.

in this kind of market risk management is very important.

and it s best not to hold counters overnight ie just do intraday trading.

if bros here are interested can always pm me to learn more.

Regards

What is TA?? Seems that today stock market big cheong....Is the bull back?

[ethanlee]

TA is technical analysis.

Stock market went up becos of dow jones rally last night.

profit taking is coming in n market is coming down alittle.

so best would be to take profit then wait n see.

medium trend is still down so i wun say the bull is back yet.

[overconsumption]

Originally Posted by SquirtLover

Based on the situation of US now, i think by end of this year or early next year, the economy will have a dwnturn

Looking at the stats US already in recession, matter of are they able to boost it back, from past experiences, you cant fight the market ... eveyrtime market recover abit when they pump in liquidity, people sell to take profits or cut loss.

Originally Posted by Hellfire79

Haha Bro Old....if your can claim from your company...then dun need to restrict yrself lor...

Must also think of rice bowl, company need to be able to weather the downturn especially it is protracted one.

[ethanlee]

market seems to be well supported at the moment.

if it can turn and break day high it will be a good sign.

but pls do trade cautiously.

[Alkano]

There is always a balance in the market.
US is already in a "mess"....or recession.
Soon this ripple effect will hit the rest of the world.
Banks in US at this moment is badly hit at this moment by the sub-prime market.
Temasek is being grilled by the US congress of their intention by pumping $$ into the banks, mainly Citigroup.
Anyway do proceed with caution for any trading on the markets.

[old_yet_horny]

Originally Posted by Hellfire79

Haha Bro Old....if your can claim from your company...then dun need to restrict yrself lor...

Bro...

I also dun want to restrict on such spending but my boss is trying to cut down my entertainment budget... Bio bian..

This year will be a slow year for us. Many project did not go through...

Keeping my job here is ok but to expect a fat bonus end this year??? Fat Hope...

[Aurors]

In this kind of market, if wanna gamble must use money which you do not need at least for the next one year. For most people, once in the red, they dare not cut losses, but when they make money, they take profit very fast. So when get caught, intra day trade become long term holdings ....

[ethanlee]

anyway to help bros here

feel free to ask questions and bros here can discuss on individual stocks or indices.

i will be looking at them from a technical point of view.

no fundamentals at all.

[Hellfire79]

Originally Posted by old_yet_horny

Bro...

I also dun want to restrict on such spending but my boss is trying to cut down my entertainment budget... Bio bian..

This year will be a slow year for us. Many project did not go through...

Keeping my job here is ok but to expect a fat bonus end this year??? Fat Hope...

Haha...i guess it the same for my side as well....all my budget are been cut and got to do re planning all again....

I guess keeping job will not much be a prob as it not a recession....but it just that probably our bonus and increment will have to wait till neck long long liao lor

[Hellfire79]

Originally Posted by ethanlee

anyway to help bros here

feel free to ask questions and bros here can discuss on individual stocks or indices.

i will be looking at them from a technical point of view.

no fundamentals at all.

Wah....sex forum become investment forum....not a bad idea....

So what u suggest buying at this point of time?

[darkafac]

i suggest in investing gold bullion coins

[XueJing]

Today market up is good time to buy put warrants on STI.

Make money liao can cheong

[walklikeaman]

today will close at high..be ready for 2nd rally at 3-4pm

[director66]

Originally Posted by XueJing

Today market up is good time to buy put warrants on STI.

Make money liao can cheong

Just be careful ya. Wrts market still not very efficient locally. Gearing like buay zhun one...later kena whipsawed

[White Crane]

If the admin shutdown Sammyboy in the afternoon, then perhaps the populations here will have to cheong. GL, HC, KTV will then not be affected so badly.