(26-01-2012, 10:10 AM)ken Wrote: [ -> ]I am afraid of the crash. Therefore bought Starhub. Dividends about 7%.
Opposite for me. I sold previously cos' I was afraid of the crash (people were buying up cos' they were afraid of the crash and their brokers must have advised them this is a defensive stock). Recently, I was buying cos' people were selling it down as they feared there'll be no crash (I think).
7% Yield is my trigger (but risk is they may revise their payout for new FY12), I add some hysteresis to decide on the buy/sell price.
Hang Seng Index, another bottom breakout, giving more evidence that the bear trend has reversed for this market, and quite likely the Asian region.
http://www.connect.facebook.com/photo.ph...e=1&ref=nf
(23-01-2012, 09:26 PM)Behappyalways Wrote: [ -> ]Global trend inches toward bullishness
23rd January: Last week saw a few interesting things"
US: S&P breaks resistance and now has a chance at 1,360.
Emerging markets etf, EEM, broke out of a tiny bottom. Many Asian markets are turning bullish: Hongkong, Philippines, Korea and maybe Thailand and Singapore.
Europe: EFA, the Europe, Japan and Australia etf is starting to make a bottom.
All of these factors suggest that the global trend is turning more bullish.
http://www.asiachart.com/
http://www.asiachart.com/malaysiasing.html
http://www.asiachart.com/hkchina.html
So, no more crash? We still have 5 months to reach the end of 1H2012...
(27-01-2012, 02:15 PM)Mr Nobody Wrote: [ -> ]So, no more crash? We still have 5 months to reach the end of 1H2012...
Hv to wait and see if they launch the sequel to this blockbuster, Greece III. Extracts fm
Bloomberg,
The parties are groping for a solution three months after private bondholders agreed with European officials to implement a 50 percent cut in the face value of more than 200 billion euros ($262 billion) of debt by voluntarily swapping bonds for new securities. Since then, an economic contraction that exceeded estimates has made the goal of cutting Greece’s debt to 120 percent of gross domestic product by 2020 harder. An accord is tied to a second bailout for the country, which faces a 14.5 billion-euro bond payment on March 20.
It's almost become like a tradition to me, every year waiting for Greece to start the domino falling so that I can collect bargains.
We are right now in......a bear rally??....not really
techincal rebound?......not really.....
I think a bubble might be a better description. With so many negative elements waiting to pull the world economy down, it is hard to imagine the stock market inching up but it is happening....
I have a hunch that Greece would ink a deal with the creditors soon and we might see the STI hitting above 3100. Looking at Barton's chart, the question is whether the growing 'bullishness' now could result in STI breaking 3100-3150 resistance and hitting towards 3800.
Baring no war/conflicts and natural calamities, the stock market might enjoy a few months of good run till June when the European banks need to fulfill their capital buffer. Should be almost IT then....but who knows.
When the real crash comes, I would not be buying anything at all even though I would continue to read/monitor their announcements. I am right now pondering how to shut myself down for the next 1-2 years from buying when the crash really happens so as to avoid itchy fingers.....
(27-01-2012, 03:22 PM)KopiKat Wrote: [ -> ] (27-01-2012, 02:15 PM)Mr Nobody Wrote: [ -> ]So, no more crash? We still have 5 months to reach the end of 1H2012...
Hv to wait and see if they launch the sequel to this blockbuster, Greece III. Extracts fm Bloomberg,
The parties are groping for a solution three months after private bondholders agreed with European officials to implement a 50 percent cut in the face value of more than 200 billion euros ($262 billion) of debt by voluntarily swapping bonds for new securities. Since then, an economic contraction that exceeded estimates has made the goal of cutting Greece’s debt to 120 percent of gross domestic product by 2020 harder. An accord is tied to a second bailout for the country, which faces a 14.5 billion-euro bond payment on March 20.
It's almost become like a tradition to me, every year waiting for Greece to start the domino falling so that I can collect bargains.
The Chinese says, "If you tell a lie 3 times, it will be taken as the truth". So there are plenty of bricks to build the "Wall of Worry" for the market to climb. i think it's O. K. to join in; only if you have prepared your own safety net. The market is always dull only for a very short time. If you can, make your own cake and eat it. It's no fun to "play" if the market is always the same. And everyone should choose his own playing time in the market. What's the rubbish i am talking about the market?
Playing the market?
But i have come across a saying, "Every investment is a gamble". So don't kid yourself that you have done your home work and your investment is not a gamble. But it's the truth, no investment is 100% safe. The problem is even if you don't want to invest by hiding your money in your pillow, it is still a gamble. You gamble that instead of inflation in the future, you hope for deflation. My friends or enemies, you can't hide or escape, life is a gamble. So try your best; gamble to win. Load the "gambling odds" in your favour; that you may win more than you lose. That's the only thing you can do in your daily living too, in a way. NO?
Ha! Ha!
CHeers!
(28-01-2012, 07:54 AM)Behappyalways Wrote: [ -> ]When the real crash comes, I would not be buying anything at all even though I would continue to read/monitor their announcements.
When the real crash comes, i will not be buying anything because all my investible money should be all in by then.
(28-01-2012, 11:51 PM)Bibi Wrote: [ -> ] (28-01-2012, 07:54 AM)Behappyalways Wrote: [ -> ]When the real crash comes, I would not be buying anything at all even though I would continue to read/monitor their announcements.
When the real crash comes, i will not be buying anything because all my investible money should be all in by then.
Market Timing:
i had read a book long time ago(20+ years) that said something like this:
"You can not know when will the Bear or Bull come. But after they have come, you should know what to do, don't you?" Till today i try to use this principle and i am doing quite O. K. lah. Amen.
Shalom.