STI and sing dollar falling fast,my coffin money eroding.

[jaskin]

Its going to be painful...

[BMWSILVER]

Wow !

Thanks for sharing both BOA's and Citigroup's charts....... Money all wiped out

Damn scary stuff, many investors will be badly burn.

Almost wanted to buy DBS at S$8.00 but I think better wait and see

[Mockngbrd]

mmmm interesting link.

[iScoupe]

Originally Posted by Darth Vader

dont know uob 10 dollars can buy or not.wait drop to 5 dollars i die of heart attack.

bro sama sama, maybe u buy $5.00 it become $2.50 still 50% losses..

pple who buy citigroup at US$5 look at mths ago of US$50+..
but now US$2.50... so when the price get lower, the percentage get higher....
now with ken chart.... hmmm US $1.25? then citigroup become national bank???

Originally Posted by Mockngbrd

mmmm interesting link.

if u lose money in market , is not interesting..... is nitemare.... no bottom liao... who pocket deep survives !
like tat go, alot pple will buried straight up no need coffin.

[toiletsiao]

Originally Posted by kenntona

Dow's November's bottom was 7449. Last night traded slightly below at 7447. But looking at the US futures market, tonight confirm break through the double-bottom, fresh leg of selling down...... hence Asian markets acting ahead.

Take a look at BOA's and Citigroup's charts....... scary stuff......

Gone in 60 Days: Citi and Bank of America Won't Live to See May | Charting Stocks

STI sold down fairly hard in the last 15mins of trading when the Dow Futures dropped to -100 range ...
Volume has been really really light this few days...no conviction on either side of the market (bull bear) ... at least for STI...we been seeing this gentle and gradual selling...zzzz...

Agree with you tonite dow confirm gap lower...but can it fight back?? hehe

Dow is very very close to its DotCom bubble bottom @ 7286( Chart of the Dow Jones Industrial Averages since 1974 ) . The first hit of this should yield a fairly strong rebound .. Today is options expiration day... with the market seemingly bearish... expect the unexpected?? I been checking up on the put/call ratios on the CBOE since the beginning of this yr...its really been a while since i see a more bearish bias sentiment on the put/call ratios for both index/equity...

When i see news like this http://ibtimes.com/articles/20090218...ons-demand.htm , Options Update: Plunging U.S. Bancorp Shares Attract a Flood of Puts and the one you posted etc ... somemore on the period nearing options expiration... we might see a wild trading day today... =)

Goldman Sachs is positive yesterday thats something interesting to note...

personally ill buy some financial stocks today..with a tight stop loss...

[iScoupe]

haha Ken ur news is seriously funny... when i read till....

"All the kings horses and all the kings men can’t put humpty dumpty back together again."

[jest1081]

Originally Posted by toiletsiao

STI sold down fairly hard in the last 15mins of trading when the Dow Futures dropped to -100 range ...
Volume has been really really light this few days...no conviction on either side of the market (bull bear) ... at least for STI...we been seeing this gentle and gradual selling...zzzz...

Agree with you tonite dow confirm gap lower...but can it fight back?? hehe

Dow is very very close to its DotCom bubble bottom @ 7286( Chart of the Dow Jones Industrial Averages since 1974 ) . The first hit of this should yield a fairly strong rebound .. Today is options expiration day... with the market seemingly bearish... expect the unexpected?? I been checking up on the put/call ratios on the CBOE since the beginning of this yr...its really been a while since i see a more bearish bias sentiment on the put/call ratios for both index/equity...

When i see news like this http://ibtimes.com/articles/20090218...ons-demand.htm , Options Update: Plunging U.S. Bancorp Shares Attract a Flood of Puts and the one you posted etc ... somemore on the period nearing options expiration... we might see a wild trading day today... =)

Goldman Sachs is positive yesterday thats something interesting to note...

personally ill buy some financial stocks today..with a tight stop loss...

looksl ike these guys are out to take down the banks! even the good ones!
think they felt the cant juice out anymore from citi and boa...so the move to the next possible victim....

geez...greedy capitalists!

hope they burn with their options. think u chose a good time to swim against the tide...huat!

[toiletsiao]

Originally Posted by jest1081

looksl ike these guys are out to take down the banks! even the good ones!
think they felt the cant juice out anymore from citi and boa...so the move to the next possible victim....

geez...greedy capitalists!

hope they burn with their options. think u chose a good time to swim against the tide...huat!

take small positions only lah..high risk trade..so have to be careful...

[toiletsiao]

what a trading day...lol the market staged a strong rebound..when it breaches the 7268 mark...blood everywhere....only to see strong buying to push it up positive at 1 stage..

based on yesterday's action.. 80% chance Citigrp is a goner (goodbye to our investments?)... BAC is the more likely one to survive...

When DOW made new lows.. The 3 leading financial stocks Morgan Stanley, Goldman Sachs and JPM didnt make any new lows..in fact they are still above their pivot lows. This divergence is an interesting thing to note... High chance the financials have hit the trough liao...i interprete this divergence as a forward signal that the worst is over for this 3 leading financial institution (leaders recover first)... XLF looks interesting now..collect small small for me.. hehe..

But think overall market still not out of the woods.. =(

[BMWSILVER]

US moves to dispel bank nationalization rumors - Yahoo! Singapore News

"Shares in Citigroup plummeted 22.31 percent to close at 1.95 dollars and Bank of America dropped 3.56 percent to 3.79 dollars."

Wow ! Dropped by 22.31% from U$2.50 to U$1.95.

It is all Ken fault after his posting........Just joking !

All I can say is when Ken speak......I listen