Sti drop???

[AhPek_Lion]

Any news to why STI drop so much in the past 2days (g3b drop 5c today )

 

[limster]

Any news to why STI drop so much in the past 2days (g3b drop 5c today )

Investors have been reading Uncle168's posts.

 

[Opps-gal]

Investors have been reading Uncle168's posts.

 

[Yxy]

yesterday -30, today -40, tmr -??
huat ahhhhh

 

[Shiny Things]

Any news to why STI drop so much in the past 2days (g3b drop 5c today )

There's been a big, generalised selloff of emerging-market stocks and currencies in the last couple of days. The usual explanation is that people are getting fearful of this week's Fed meeting; they're scared that the Fed will remove the words "considerable time" from their statement, which in Fedspeak land means "we will start hiking rates in approximately six months".

The emerging-market ETFs have bounced HARD in NY time today, though (EEM and VWO are up nearly 1.5%), which means the markets should open a lot higher as well. There are two reasons for the bounce: firstly, China turned on the liquidity taps to its banks late yesterday; and secondly, there's been a rumour doing the rounds about a leaked version of the Fed statement which keeps the "considerable time" language.

Either way, if you scooped some STI on the lows, well done; if you didn't, don't worry. (And if you panicked and sold because the STI came off eighty points top to bottom, you have too much money invested: that's a 2.5% selloff, and those happen all the time. If you can't stomach a 2.5% selloff, you need to reduce the amount of risk you have in the market.)

 

[guowei]

There's been a big, generalised selloff of emerging-market stocks and currencies in the last couple of days. The usual explanation is that people are getting fearful of this week's Fed meeting; they're scared that the Fed will remove the words "considerable time" from their statement, which in Fedspeak land means "we will start hiking rates in approximately six months".

The emerging-market ETFs have bounced HARD in NY time today, though (EEM and VWO are up nearly 1.5%), which means the markets should open a lot higher as well. There are two reasons for the bounce: firstly, China turned on the liquidity taps to its banks late yesterday; and secondly, there's been a rumour doing the rounds about a leaked version of the Fed statement which keeps the "considerable time" language.

Either way, if you scooped some STI on the lows, well done; if you didn't, don't worry. (And if you panicked and sold because the STI came off eighty points top to bottom, you have too much money invested: that's a 2.5% selloff, and those happen all the time. If you can't stomach a 2.5% selloff, you need to reduce the amount of risk you have in the market.)

think u also missed that singapore unemployment rate went up, our productivity level drop. singapore properties price is dropping, investors are fleeing singapore market. companies are closing down. our import export balance drop, singapore growth drop...


not everything is about fed arh, singapore itself is getting weaker by the day

http://www.marketwatch.com/story/economists-cut-singapore-inflation-growth-outlook-2014-09-10

 

[dork32]

There's been a big, generalised selloff of emerging-market stocks and currencies in the last couple of days. The usual explanation is that people are getting fearful of this week's Fed meeting; they're scared that the Fed will remove the words "considerable time" from their statement, which in Fedspeak land means "we will start hiking rates in approximately six months".

The emerging-market ETFs have bounced HARD in NY time today, though (EEM and VWO are up nearly 1.5%), which means the markets should open a lot higher as well. There are two reasons for the bounce: firstly, China turned on the liquidity taps to its banks late yesterday; and secondly, there's been a rumour doing the rounds about a leaked version of the Fed statement which keeps the "considerable time" language.

Either way, if you scooped some STI on the lows, well done; if you didn't, don't worry. (And if you panicked and sold because the STI came off eighty points top to bottom, you have too much money invested: that's a 2.5% selloff, and those happen all the time. If you can't stomach a 2.5% selloff, you need to reduce the amount of risk you have in the market.)

Remember I talk about pref shares and perpetuals? DBS 4.7 dropped from 106.5 to 106.3 during this period. less than 0.2% compared to 2.5%.

I must admit shiny things is a much better trader than me. He has got guts and foresight. if i play like him, i will be in big trouble. that is why pref shares are suitable for me.

it is good to keep some of these as defense in your portfolio.

 

[paurusu]

umm .. Shiny is a she you know

But dork - it depends on your risk profile , if you are quite "senior" i think nothing wrong with your approach to be defensive.

 

[kazejin]

? I thought Shiny is a he.

Not much point guessing what caused STI to drop though.
The variability of STI will certainly result in days where it drops, we will be too busy if we think hard about 2% drops.

 

[Shiny Things]

umm .. Shiny is a she you know

But dork - it depends on your risk profile , if you are quite "senior" i think nothing wrong with your approach to be defensive.

Wait, what? No, I'm a dude.

And yeah, dork, there's nothing wrong with being risk-averse. It's not a great idea if you're young and you have the ability to wait out a market downturn; but when you're older, risk aversion is totally logical (and actually a good idea).

 

[paurusu]

Wait, what? No, I'm a dude.

And yeah, dork, there's nothing wrong with being risk-averse. It's not a great idea if you're young and you have the ability to wait out a market downturn; but when you're older, risk aversion is totally logical (and actually a good idea).

Oh oh how come i got impression you are a she.
Must be some old posts that i can't recall

Sorry shiny, no offence yah

 

[focus1974]

Oh oh how come i got impression you are a she.
Must be some old posts that i can't recall

Sorry shiny, no offence yah

I've always thought Shiny Things means R on Shiny.

 

[Shiny Things]

Oh oh how come i got impression you are a she.
Must be some old posts that i can't recall

Sorry shiny, no offence yah

None taken!