Wednesday, March 26, 2008

No market theroires today but ur put warrents thats all!

Soo today, i had some time to check our my friends blogs and read them. Interesting, some are boring (as usual) , some reminds me of bad times and some are just outright wasting time lol.. not that mine isn;t a waste of time..but anyway i realise i have been focusing too much on market movements , US economy and sub prime, havent been really going to church (shh!) lol.. my cellgroup keep pestering me..but i really lazy to go la.. soo damn far, do i miss my spritual family? Truefully ... nope.. i think the market is damn interesting and will countiue to study and come out with ym theories. Soo far my warrent losses have been mitigated, finally earning some decent profit from warrent trading.. but then again, true success in the market is not speculating but investing, i think the stocks im going to buy are SGX, Sembcorp and a few CHina groth firms which i cannot say out, cause i spent hours studying thier finnacial output and potential returns.. blah blah blah. As for Army? Just say that i have already sealed myself into this route , never going to become anything more a corperal.. do i care? Frankly.. i dun give a f**k anymore, people say me then say..as long as i have my stockmarket with me.. im fine .. lol. Alright time to go home.. its 4.45pm btw.. going to sneak out of SAFTI without my boss knowing lolx ~Rex out

Tuesday, March 25, 2008

Theory no. 3

STI 2700 BNP EPW080529 now 0.12 (So-so)STI 2800 SGA EPW080627 now 0.145 (Safer)
Positive News 1) JP Morgan decides to increase price bid for Bear Stearns from $2 - $10, FED havent give approval, but market assume it would and that would mean that whenever a company gets into trouble the FED will bail them out, this confident thinking add to the recent rally.
2) Oil Prices and $US dollar dropping and raising respectively. If this countiues , will give more room for FED to cut interest rate aggressivly and inflation will no longer be a big problem
3)US data on housing which is the root cause of all the problems soo fast, showed an increase in sales by about 2.9%. Experts say it is temporary as prices of homes dropped alot. What the market only concentrate on is the 2.9% increase and not the price dropping drastically.
4)Fed will countiue to do more for the torubled market like pump more $$, cut more interest rates , might even buy back those mortage related investments.
Why i still hold a bearish view1) Credit crunch Problems still on going, people in the US are borrowing more from short term loans which is a bad sign
2) Banks have not yet disclosure thier job loss data and its exposure to sub-prime once the mortage rate resets, i know.. its hard to understand the links between sub-prime and exposure and all these shit.. but shit remain as such...shit.
3)China has yet to do something about its all time high inflation
4)Credit card problems , this factor like no news on it
Soo now do you still old a bearish view? HSI and STI rose like 150 points and 1356.30 points as at march 25 2008.

Saturday, March 15, 2008

Theory 1# in details

Ppl are expecting a huge rate cut by the fed on tuesday, Bush say dun over correct cause it might hurt the economy even more, China yet to do extra measures for its inflation, Mr Oil some how reaches over $110, Some investor think homeclosure already bottom out, Malaysia unrest still yet to be seen?
UNCERTAINY UNCERTAINY
Will then again it never stops me from predicting lol
OK soo i predict on monday (March 17th 2008) morning, great fall in stock prices in STI, HSI etc, possible recovery maybe say after lunch? Tuesday will recover, cause all expecting a huge rate cut the night ahead, Wednesday will again recover effects of a huge rate cutThursday i buy my put warrent and pray for huge crash ;pBut then again all these are just theroies X_X

Sunday, March 09, 2008

Theory 1#

DOW:Ok soo within this 2 weeks from 10th March 2008 - 18th March , the possibility of two rate cuts are say around 60% with a granteed rate cut on the 18th. Whether is it big or not will depend on how the fed decides to balance inflation and credit criss. From the news so far , the fed is more concern with the latter , which brings me to conclude that we can expect a surprise rate cut soon and another rate cut on the 18th. Just like last mth feb. "The Fed will not let market fall to its knees and will intervent when nessary , the fed is ready to take action" this are some of the quotes stated in the news some time ago will it hold ture?

STI: If this theory holds true, then with two rate cuts, there should be a rally soon maybe tml or even today however i belive there will be a great fall maybe from 19th to 21th of march?

HSI:Same as STI, copycats do things the same

But my recommendation is to not buy any call warrents at all! Buy puts once it raises or you can play safe wait until the size of the rate cut is annouced then buy puts after 18th or 18th itself.