Nice little recovery in FCL on decent volume - ended at 169.
Will have to see if the previous huge overhang at 170 is still there.
If still hang at 1.700, this shows that investors are worried about the property prospect of Singapore
That is a sectorial concern not just FCL alone and anyway Australia is the biggest market for FCL via ALZ...
concerns on property counters is global since loose monetary conditions have stoked asset bubbles everywhere and hence your worries should be on the entire sector and not just FCL alone...
This is something that you should learn to appreciate.
Actually, any outstanding shorts on FCL should start to worry if their shorts remain open since the selling on the back of ALZ acquisitions appeared to have abated...
(28-11-2014, 08:39 PM)I_love_girls Wrote: [ -> ]If still hang at 1.700, this shows that investors are worried about the property prospect of Singapore
Let's hope for the best then. Hopefully bubble would not be burst. Journey in the stock market is just ups and down like a tide, it is a matter of where you feel is the best to let go or sweep in some for longing!
U come and tell me about cycles... have u ever visited an empty SES trading floor at HL bldg when SES was suspended due to the act of Tan Koon Swan in 1985 for 3 days... have u seen elephant gap bid/ask spread on the same trading floor post Black Monday crash in 1987? Have you done scripless conversion when SGX go scripless...
U got to go through those harder days to appreciate what cycles and stock market is all about.
Bubbles are always relative but what is most important is the fundamental value underlying a company and their strategies at a certain point in time.
The current liquidity infused situation will normalise one day and it will take a lot of CONplacency to prick this bubble and certainly I don't think that I believe that many are CONplacent since everyone is so quick to jump ship on the first sign of troubles.
U wait lah... my bet is 2017 still 2017...
(28-11-2014, 09:32 PM)I_love_girls Wrote: [ -> ]Let's hope for the best then. Hopefully bubble would not be burst. Journey in the stock market is just ups and down like a tide, it is a matter of where you feel is the best to let go or sweep in some for longing!
Not just telling you dude! This is a general platform for everyone to see! Haha! Btw, I appreciate your vast experience and analysis skills! I am just a young dude who has not lived through the era before 1990s. I'm still in the process of learning stocks along my life's journey
Yeah thanks for reminding me the crazy and expiring dude here...
The younger generation is so free in expressing their minds that we are hard pressed to match but somethings just won't change not least till carefree folks like you guys takeover...
Crazy Dude
Bullet Proof
(28-11-2014, 09:53 PM)I_love_girls Wrote: [ -> ]Not just telling you dude! This is a general platform for everyone to see! Haha! Btw, I appreciate your vast experience and analysis skills! I am just a young dude who has not lived through the era before 1990s. I'm still in the process of learning stocks along my life's journey
seems that the hurdle is still at 1.700.
(01-12-2014, 09:07 AM)I_love_girls Wrote: [ -> ]seems that the hurdle is still at 1.700.
but the 1000+ lot sell queue @ 1.70 is not there