so small amt, like mine.

i took a bit more fret, 1.20.

so average this round 1.24.

enough for now.

now 1.22.

This post has been edited by AVFAN: Aug 21 2015, 12:59 PM

today dun dare by anything.. coz many say will dipped further.
so, now everyday checking...

yeah, no rush.

plenty of choices everywhere.

one thing i know that has been falling for weeks - bursa, rm and oil.


fret... now 1.25, so i m even for now.

if yield holds, can do.

sorry to put you on cold water.... they can even more cheap like 1.00 below....
you actually can short the index rather to buy those stock at the moment.

no problem. u r now mr gloom n doom.

sifu , still learning. just open few future to short STI and Crude oil soon... more kancheong...

This post has been edited by davidcch07: Aug 21 2015, 05:02 PM

STI, i hv little idea.

crude... if only u started in june!

if u check the wti crude charts, it's been going down for 2 months on a straight line 45 deg angle if u look at daily charts.

hrly charts, wavy; 1 min, very volatile, nice for trading but be prepared to lose some sleep.

nobody knows the bottom but i can see increasingly strong resistance at 42, 41 and now 40.50 which is only to be expected.

not so easy to break 40.

so, i m very mindful of the straight line slope easing soon.



sg reits.... my situation is diff from yrs. i need to park available sgd in an income yielding vehicle.

keeping it idle is bad news for me.

This post has been edited by AVFAN: Aug 21 2015, 05:24 PM

cannot agreed more on you... "if" started at june... nobody know ...but some guru... oil still more room to drop....
SG reit is good to cut now... once US going to raise the interest then will be gone case the whole world market ...included REITS. market crisis also will affected on Reits price...

my point of view, wait the good price to go in... perhaps we wait for STI around 2500. batch by batch... be honestly to said all REITS and some Telco chart already turn to bear site.... so i cut loss on my M1... i believed can even cheaper... as told you Singtel $3.9 and its happen...

My suggestion only....

btw, STI already broken 3000... DOW broken 17000.... more to come sifu ...buy with care!

if all that is so easily known, there'll be no poor souls!!

there will be surprises.

fed may NOT raise rates.

a couple of bombs can go off somewhere driving oil up again.

but yes, what will go wrong will go wrong.

yes, be VERY VERY careful.

actually got sign to see us will raise interest rate probably 0.25% you can see all the Asian currency drop badly...

This post has been edited by davidcch07: Aug 21 2015, 07:33 PM

it's precsiely the china devaluation and other asian currencies drop that the fed may NOT raise rates.

i see it 50-50 at this time from 70-30 before the china pre-emptive move.

well, let's wait for sep.

let bet for this... will raise rate between sept or oct.

no need to bet.

if rate hike, u win big.

whether rate hike or not, i win small overall.

http://www.cnbc.com/2015/08/21/us-markets-global-growth.html


U.S. stocks closed deep in the red on Friday as global growth concerns accelerated selling pressure to push the Dow and Nasdaq into correction territory. ( Tweet This )

The major averages had their biggest trade volume day of the year and posted their worst week in four years.

The Dow Jones industrial average closed at session lows, off nearly 531 points and in correction territory for the first time since 2011 as all blue chips declined. The last time the index closed more than 500 points lower was on Aug. 10, 2011. In the last five years, the index has only had four instances with closing losses of more than 400 points.

"For investors the momentum and the drive of the market is now lower (than) it used to be because there's no place to hide," said Lance Roberts, general partner at STA Wealth Management. "Every time we hit the major technical points we kept selling."

"What is important is the price action of the market has done something we haven't seen since the last bull market peak," Roberts said. "There is something going on internally in the market. That illness that has been building up in the market."

A trader also noted that investors stopped looking at technicals and were plowing through them.

"It's an expiration day and it looks like they're to have for sale on the close maybe as much as a billion dollars," said Art Cashin, director of floor trading for UBS.
The Nasdaq Composite lost 3.5 percent, also closing in correction territory and joining the other major averages in negative territory for the year.

Apple declined 6 percent, in bear market territory, and the iShares Nasdaq Biotechnology ETF (IBB) plunged 3.1 percent.
"Right now there is a feeling of fear in the marketplace and all news is interpreted negatively and it's interpreted indiscriminately," said Tom Digenan, head of U.S. equities as UBS Global Asset Management.
The S&P 500 fell through a support level of 1,980 to end at 1,970, off 7.6 percent from its 52-week high. The index is off about 4.3 percent for the year so far. Information technology and energy led all 10 sectors lower on the day. Energy was the worst decliner for the week, with no sectors posting weekly gains.

About 70 percent of the S&P 500 is in correction or worse, with 31 percent in a bear market and 39 percent in correction territory.

"It's more of the same," said Peter Boockvar, chief market analyst at The Lindsey Group. "From a technical perspective we broke" 2,040 on the S&P 500, the lower end of the trading range.

The Russell 2000 fell into correction territory in the open and failed attempts to stay out of it.

did u short them last fri?

wti crude now cut thru from 40.25 to 39.50!

hahaha, told you already... but my acc pending to open... btw, you have experience to short sell share in SGX?

sgx, no.

usa, many possibilities.

sgx actually can do it... but really need "borrow" share to short... better go for CFD then..

So WHO is buying?

takut. wait few more days?