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I fear for Greece....playing wayang game
Can see DBS trying beri hard to maintain price......
What' s the plan for DBS...buy, hold or sell
I thought increase in interest rates tends to help improve banks' net interest margins? Also, if DBS is a net lender in the interbank mkt, a SIBOR spike shd be positive for them? For Greece, the govt had made unrealistic election promises (according to former European Commission President Barroso). So, they must wayang a bit to show they are fighting hard for the people. In the end, they will have to stand to reason and come to a win-win agreement with their creditors. Perhaps the following BBC article provides a glimpse of reality :
Lagarde welcomes loan payment commitment from Athens
I cannot think of anything else other than a Greek crisis to bring down the market and April 9th is the deciding date
advise to trade cautiously as window dressing in progress..
expect banks to fall in Apr onwards
gd luck dyodd
ozone2002 ( Date: 27-Mar-2015 11:35) Posted:
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Possibility of DBS making a small move higher but I am getting more cautious as we approaching a Blood Moon this week.
Last:20.48 Vol:1293k
+0.13
Asian tiger..ROAR!
gd luck dyodd
ozone2002 ( Date: 26-Mar-2015 13:31) Posted:
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With futures in red and possibly more blood to come, I wonder if DBS can hold its own tomorrow and next week...it will be interesting to see
I wonder if this is distribution mode by BBs before any drop.....interesting that there is a strong move up today on current volume
Last:20.41 Vol:2514k
+0.24
super charge
Surprise it moves up so strongly today. Sold and wait for next cycle. ( go on leave haha with small kopi $)
( too much unknown on the interest rate and MAS action on Sing $) ....review mid April and closer to Xd
Good luck everyone.
Immortal ( Date: 25-Mar-2015 14:08) Posted:
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Three even bars for past 2 days and today...hmmm......can do some dips on parallel bars
anyone selling DBS today.....
Wonder if there is a short retracement before a up move.....
We have this week and next to see if 20.8 to 21 can be reached. I am not so optimistic for the week 4 April onwards. Blood Moon is not something I like.
so far so good....at 21.30 ler ....keep patient and see 21 soon.
Immortal ( Date: 22-Mar-2015 21:50) Posted:
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The ideal plan is for DBS to move up this whole week to 2.80. It will be nice.
I wish but have to watch if DBS legs get tired soon....
will it hit 21 nex week or can it cross $21 :))
Immortal ( Date: 20-Mar-2015 11:43) Posted:
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