all this point to a scary warning. lots of $ going from stocks to bonds.

feels very jittery to hold any stock!

hope it will not be a year of fried monkeys.

sgx +2.5% today.

some counters up 5-6%.

gong xi fa cai!

buy us stocks!

it is.

there are signs that it has bottomed.

some voluntary reduction in opec, us output expected to reduce in the coming months.

but... not going to fly, likely 40-45 or so by year end, not higher.

large int'l oil/energy, think can buy some now.

local and small outfits, consider this:
http://www.bloomberg.com/news/articles/201...-quarterly-loss

opec will not be quick, it will be slow.

the fast ones are the hedge funds.

so, even with oversupply, price can move up.

but will be capped, sensitive to even small matters.

i am buying the largest caps global ones, will not go near small and local.

u already know which thread to read...

too much cash for too long will bury the king!



really... us markets looking up, crude price looking up (nervously).

gotta be very alert when the next significant pullback comes.

i also treat SG like that - just safe reits, strong currency, somewhere near to go if necessary.

US - for more aggressive punts - both capital and currency.

local... not going near bursa, but some FD.

hey, gotta have a bit of everything - slow boring stuff + fast and furious!

30...

too many, reduce more.

combined sg and others, i cannot handle more than 10.

i went in hk and china etf once - got out quick quick.

these two... gotta wait for concrete signs of recovery before going in.

more tricky than us equities.

good la... maybe my chance to buy back coming!


but... i will be patient...

my view is at this time, all markets are driven by us markets.

and us markets are primarily driven by crude price.

crude price has recovered from 26 to 38 in just 1 month.

it may continue to gain but will take a breather before that.

i see a chance to buy in the next couple of weeks.

capitacom trust... still keeping but will not add.

this one is not as shiny as it once was.

but good to keep since it is a major, very liquid and 6% yield.

SPDR is spyder, S&P product, reputable worldwide in many exchanges.

besides STI etf, what other SPDR etf's at SGX?

any sector etf's, e.g. banks, tech, healthcare, energy... anything like that?

spdr sti es3.

basically the sti index fund.



i googled and seems in sgx, there is only this spdr sti and spdr gold etf's, nothing else.

this one is also about sti, from somebody else... name sound japanese...?

older and competitor to spdr (S&P) sti?

well... there are japanese golf clubs, apts and supermarts reits listed in sgx too, right?

maybe we'll see korean kimchi makers and thai tomyum makers soon!

maybe everybody knows sgx attract all kinds of sucker bets!

most other reports i read are in line with that.

bottomed, yes. unlikely it will go back to 25-26.

>40? it did cross 41 on fri but quickly retreated.

so, 35-40 is most likely scenario for net 6-24 months.

1-2 yrs or 2-3 yrs before a better recovery, that's the question.


one thing we must not forget - the efficient shale producers will return if it stays above 40; saudi does not like to shout but it is their strategic intention to put most shale and other higher cost producers out of biz - "inefficient producers need to get out".

given that, one can now go ahead and make investment decisions on o&g and related counters in s.e.a. bourses

This post has been edited by AVFAN: Mar 20 2016, 10:17 PM

simple google yields only this one:
http://www.wsj.com/articles/iea-sees-oil-m...pply-1453194130

maybe it's in the darknet?

the excess nos. were from iea. if any "acctg error", they will be the first to talk.