October is traditionally a weak period for tech stocks as third quarter sales is the weakers. Currently STI is achiving higher high, but is pushed by mostly bank and property stocks, this can be scary…..
Tech stocks don’t move much at the moment, which is good if compared to the normal heavy drop in other Octobers, [...]
Chartered , UTAC , DatacrftUS$ , CG Tech , Creative(soon)
Think my money will be locked further by STATS cipek, China Paper
I still think Biosensor is a good bet for long term LOL
BY DENISE WEE
Epure International, a People’s Republic of China company that treats
industrial and municipal wastewater, listed on the Mainboard last Friday.
It joins a growing number of water-related stocks including Sinomem
Technology, Bio- Treat and Hyflux, which have listed on the Singapore
‘Exchange in the last few years.
Since Hyflux listed in January 20m, there has been a steady [...]
LONDON (AP) — Oil prices fell below $60 a barrel on Monday amid signs of growing petroleum inventories and after BP PLC said it had permission to restart the eastern half of Alaska’s Prudhoe Bay oil field.
“Hedge funds and investors have been bailing out because geopolitical tensions have eased and they also realize that inventories [...]
Creative Technology has reached an amicable settlement with Apple Computer over their alleged patent infringement lawsuits, which we mentioned in our earlier report that it would favour Creative the most, with Apple paying US$100m as a one-time licensing fee. The good news just continues as Creative is also joining Apple’s “Made for iPod” program and [...]
source : http://money.cnn.com/2006/07/14/markets/markets_newyork/index.htm
Record oil prices, Mideast violence, signs of a slowing economy hit markets; Dow falls 395 points in 3 days.
NEW YORK (CNNMoney.com) — Stocks slumped for a third session Friday as record oil prices, escalating violence in the Mideast and sluggish retail sales all weighed on investors.
The Dow Jones Industrial average (down 112.05 to [...]
None of my position changed since May, so not much to update. Most of them has turn profit to loss, except 1 or 2. In average still red. Hand very itchy, wanted to average down or get some good deal, but better wait for the sky to clear first before get more money locked.
Lets wait for all the newbies and jokers retreat from the market first, then better days will come soon. Too many people thought their are investment king coz they will gain profit in whichever stock he bought, and when there is fear, king doesn’t know what to do next, only know how to sell sell [...]
A correction is a must especially china stocks, i’m stucked at china paper and cg tech as well, think if company doesn’t collapse, might have to wait for the next dividend…… hohoho……
Look at how all these china stocks start running from January.
.
May really want to lock profit first, although most of the counters’ profit is discounted heavily after these few days. Won’t cut loss so soon, but might lock profit whenever is possible.
source : http://biz.yahoo.com/ap/060517/wall_street.html?.v=12
Stocks Plunge on Rise in Consumer Inflation; Dow Drops More Than 145 Points
NEW YORK (AP) — Stocks plunged Wednesday after a stronger-than-expected rise in consumer inflation fueled Wall Street’s fear that interest rates will keep climbing. The Dow Jones industrial average lost more than 145 points.
Investors were disappointed by a Labor Department [...]
now is : 2513.7
frankly there is plenty of room to drop, but i guess the most it will be a trend instead of straight to the bottom. may be any rebound is a good selling time to some of the stocks.
stock market is really interesting, it test ppl’s patient, gut and pocket. Some ppl panic [...]
