Stock Market VERSION 24, Road to Recovery !!!
Stock Market VERSION 24, Road to Recovery !!!
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Apr 24 2009, 09:32 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL |
wow, 988pts hit. nice. another 11 pts to 1000
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Apr 24 2009, 09:33 AM
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All Stars
23,851 posts Joined: Dec 2006 |
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Apr 24 2009, 09:35 AM
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Senior Member
2,646 posts Joined: Oct 2008 |
any stock to hit today?
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Apr 24 2009, 09:35 AM
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Senior Member
1,256 posts Joined: Nov 2004 |
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Apr 24 2009, 09:35 AM
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All Stars
23,851 posts Joined: Dec 2006 |
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Apr 24 2009, 09:36 AM
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Senior Member
4,030 posts Joined: Apr 2008 |
Malaysia market volume has actually doubled the average (500 million) recently. There's alot of interest perking up in commodity stocks, like those in China and Hong Kong.
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Apr 24 2009, 09:36 AM
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Senior Member
3,790 posts Joined: Aug 2007 |
QUOTE(AdamG1981 @ Apr 24 2009, 09:27 AM) Nikkei recovering, dow futures -25 Yo thanks for the heads up, i guess this is going to be a better than expected year for all plantation sectors!Added on April 24, 2009, 9:29 am The trend is up. That's why the plantation counters are cheonging. As long as the worldwide investors assume that worldwide recovery begins late 09/ early 2010, the us currency will be used as a funding currency for risky assets. Jim Rogers has been heavily touting soft commodities, and i think palm oil might have a quick run up to RM3000 before Sept. Personally your comments are in line with most FCPO traders, though i remain pesimistic... on the other hand rumours are FF in the FCPO market is actually pushing the FCPO prices upwards rather than an organic growth in price. |
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Apr 24 2009, 09:37 AM
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Senior Member
4,030 posts Joined: Apr 2008 |
Another interesting point to ponder, the crude oil chart is looking like a rounded cup and a handle might be forming. Watch out for a BO (breakout).
Dow is forming a bull flag (possible) |
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Apr 24 2009, 09:37 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL |
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Apr 24 2009, 09:38 AM
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Senior Member
4,030 posts Joined: Apr 2008 |
QUOTE(aurora97 @ Apr 23 2009, 06:36 PM) Yo thanks for the heads up, i guess this is going to be a better than expected year for all plantation sectors! Demand is slowly creeping up but one has to wonder about inflation when the US, UK, Japan are printing so much money, and not to mention China might announce second mini stimulus at anytime.Personally your comments are in line with most FCPO traders, though i remain pesimistic... on the other hand rumours are FF in the FCPO market is actually pushing the FCPO prices upwards rather than an organic growth in price. |
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Apr 24 2009, 09:41 AM
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All Stars
23,851 posts Joined: Dec 2006 |
QUOTE(AdamG1981 @ Apr 24 2009, 09:38 AM) Demand is slowly creeping up but one has to wonder about inflation when the US, UK, Japan are printing so much money, and not to mention China might announce second mini stimulus at anytime. The solution to world crisis is to print more money.Like the right issues. |
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Apr 24 2009, 09:46 AM
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Senior Member
4,030 posts Joined: Apr 2008 |
Seems like the commodities trading in China Futures is going up like mad.
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Apr 24 2009, 09:46 AM
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Senior Member
2,849 posts Joined: Aug 2005 |
QUOTE(SKY 1809 @ Apr 24 2009, 09:09 AM) Those waiting at the sideline expecting it to fall to 750pts would panic my resorts selling price adjusted more than 2.45 d.. now still holding.. just sad that yesterday my buy queue didn't realise..I thought a lot of people want to sell Resort at rm 2.45 as for axiata.. now really headache.. >.< |
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Apr 24 2009, 09:48 AM
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All Stars
23,851 posts Joined: Dec 2006 |
CI up 10 pts
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Apr 24 2009, 09:49 AM
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Senior Member
2,849 posts Joined: Aug 2005 |
wonder the concept 忍 still apply or not..
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Apr 24 2009, 09:50 AM
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Senior Member
1,404 posts Joined: Jun 2005 |
today is insurance stock territory. look at MAA and Kurasia
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Apr 24 2009, 09:50 AM
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All Stars
23,851 posts Joined: Dec 2006 |
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Apr 24 2009, 09:54 AM
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Senior Member
2,849 posts Joined: Aug 2005 |
didn't blame others also
so far missed the chance to buy more than missed the chance to sell.. lol |
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Apr 24 2009, 09:56 AM
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Senior Member
5,587 posts Joined: May 2007 From: KL |
I am telling myself to be Gunung " Tahan", tahan not to sell my Resorts now as some are profitting now.
Resorts fell to lowest below $2.00 together with Maybulk & AMMB around the same period. But, due to Resorts' internal transactions which did not go down well with investors, its' price did not recover fast compared to the latter 2. So, I believe right now is ripe for Resorts to catch up to $3.00...as there aren't bad news for Resorts at this moment...tahan..tahan |
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Apr 24 2009, 09:56 AM
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All Stars
23,851 posts Joined: Dec 2006 |
The Lion remains the KING
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