Prepare to buy! What stocks....

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12 years 10 months ago #6650 by pine
Dow +202 points!!


Strong profits from Coca-Cola, IBM and other companies drove a stock market rebound Tuesday. The Dow Jones industrial average made its largest one-day jump this year.

According to preliminary calculations, the Dow gained 202.26 points, or 1.63 percent, to 12,587.42.

The Dow slid five of the previous seven days as Europe's debt crisis threatened to envelop Italy and as a deadlock continued in Washington over raising the country's borrowing limit.

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12 years 10 months ago #6690 by Joes
Down - 43 points.


House Speaker John Boehner abruptly broke off talks with President Barack Obama Friday night on a deal to cut federal spending and avert a threatened government default, sending compromise efforts into an instant crisis.


Within minutes, an obviously peeved Obama virtually ordered congressional leaders to the White House for a Saturday meeting on raising the nation's debt limit. "We've got to get it done. It is not an option not to do it," he declared.
"I expect them to have an answer in terms of how they intend to get this thing done in the course of the next week. The American people expect action," Obama said.


- MSNBC.com

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12 years 9 months ago - 12 years 9 months ago #6901 by pine
Q. So when exactly do we get back into equity markets? And to which markets do we go?
FA: It should be clear by now for those who have followed our writings that we believe Asia and EMs will be the place to be. Despite a potential environment of slower growth and higher inflation, we believe that there will be opportunities here. We have at various junctures highlighted our optimism with respect to countries that are net exporters of commodities as the next best investment theme over a 5-year time horizon. Among these markets are Indonesia, Brazil, Russia and the Middle East.
The question of “when” is harder to answer because the problems in the U.S., Europe and elsewhere are ongoing.
However, we will be very comfortable to start nibbling into our preferred markets after 2 to 3 months or if
these markets dip sharply. Our preferred strategy would be to re-enter over an extended period, for example, 5
months via a 10% allocation to equities every month to bring our position back to 100%.
these markets dip sharply. Our preferred strategy would be to re-enter over an extended period, for example, 5 months via a 10% allocation to equities every month to bring our position back to 100%.months via a 10% allocation to equities every month to bring our position back to 100%.es, financial situation or particular needs of any pecfic investor.
Any research or anlysis used to derive, or in relation to the information herein has been procured by the director to be reliabe, but
information, including any opinions or forecasts expressed herein at any time, without notice
Last edit: 12 years 9 months ago by pine.

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12 years 9 months ago #6919 by pine
A sustained recovery is a few months away. In stock market, that is a long long time.

In the meantime, the global financial system hopefully can stabilise -- I doubt a Lehman-like event will happen. The odds are very small because global banks are stronger than ever before the Lehman collapse.

Governments and central banks are likely to be faster in their response.
Make a guess: Where will the  European debt crisis be in 4Q? Subsided?

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12 years 9 months ago #7031 by Joes
Hey cheongwee, read in another thread that you are bullish, expect a 'powerful rally' soon.
What would you be buying? Still the 3 stocks below (foreland, qingmei and ums)? R u sure the BBs are in them?
[hr]
[cheongwee 21-06-2011]:

Current only 3...want to run easier.
UMS...ave 37c
Foreland ave 9c
Qingmei..19c..still looking to buy thr way up for all if play get hot.
now looking at Valuetronics.
think mkt good for next 6 mths only..make hay while the sun shines.
last May lose money..this rd lucky , so far need not cut .

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12 years 9 months ago #7035 by cheongwee.
Replied by cheongwee. on topic Re:Prepare to buy! What stocks....
Joes and all here,,
just to share.
my take....GLP, DBS, ART, MIT, UOB, WILMAR, STXOSV, UOL, 
that is enough for you??
you be happy come december..
i am very sure, we are abt to enter a bull rally.

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