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 Stock Market VERSION 24, Road to Recovery !!!

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zamans98
post Apr 24 2009, 09:32 AM

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wow, 988pts hit. nice. another 11 pts to 1000 smile.gif
SKY 1809
post Apr 24 2009, 09:33 AM

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QUOTE(AdamG1981 @ Apr 24 2009, 09:31 AM)
The banks stress test gives abit of anxiety for Dow futures players. But i think AMEX results yesterday is a positive boost for the market.
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Thanks a lot.

I think CI would hit 1000pts next week.

But also depending on performance of Dow.
mo_meng
post Apr 24 2009, 09:35 AM

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any stock to hit today?
Junior83
post Apr 24 2009, 09:35 AM

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QUOTE(SKY 1809 @ Apr 24 2009, 09:33 AM)
Thanks a lot.

I think CI would hit 1000pts next week.

But also depending on performance of Dow.
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No, it won't, KLCI run on it's own
SKY 1809
post Apr 24 2009, 09:35 AM

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QUOTE(zamans98 @ Apr 24 2009, 09:32 AM)
wow, 988pts hit. nice. another 11 pts to 1000 smile.gif
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No more meeting , bro ?
AdamG1981
post Apr 24 2009, 09:36 AM

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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.
aurora97
post Apr 24 2009, 09:36 AM

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QUOTE(AdamG1981 @ Apr 24 2009, 09:27 AM)
Nikkei recovering, dow futures -25


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.
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Yo thanks for the heads up, i guess this is going to be a better than expected year for all plantation sectors!

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.

AdamG1981
post Apr 24 2009, 09:37 AM

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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)
zamans98
post Apr 24 2009, 09:37 AM

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QUOTE(SKY 1809 @ Apr 24 2009, 09:35 AM)
No more meeting , bro ?
*
haha, got, later. @ that time, please whack any goreng stock kaw-kaw.

KNM up 4.5c in 2 trading days. rclxms.gif
AdamG1981
post Apr 24 2009, 09:38 AM

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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!

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.
*
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.

SKY 1809
post Apr 24 2009, 09:41 AM

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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.
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The solution to world crisis is to print more money.

Like the right issues.

AdamG1981
post Apr 24 2009, 09:46 AM

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Seems like the commodities trading in China Futures is going up like mad.
mememe12
post Apr 24 2009, 09:46 AM

Nikon + MBP i7 :)
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QUOTE(SKY 1809 @ Apr 24 2009, 09:09 AM)
Those waiting at the sideline expecting it to fall to 750pts would panic

I thought a lot of people want to sell Resort at rm 2.45
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my resorts selling price adjusted more than 2.45 d.. now still holding.. just sad that yesterday my buy queue didn't realise..

as for axiata.. now really headache.. >.<
SKY 1809
post Apr 24 2009, 09:48 AM

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CI up 10 pts
mememe12
post Apr 24 2009, 09:49 AM

Nikon + MBP i7 :)
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wonder the concept 忍 still apply or not.. hmm.gif


alivecmh
post Apr 24 2009, 09:50 AM

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today is insurance stock territory. look at MAA and Kurasia
SKY 1809
post Apr 24 2009, 09:50 AM

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QUOTE(mememe12 @ Apr 24 2009, 09:46 AM)
my resorts selling price adjusted more than 2.45 d.. now still holding.. just sad that yesterday my buy queue didn't realise..

as for axiata.. now really headache.. >.<
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You miss plenty of chances to sell.

Do not blame others.
mememe12
post Apr 24 2009, 09:54 AM

Nikon + MBP i7 :)
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didn't blame others also hmm.gif

so far missed the chance to buy more than missed the chance to sell.. lol
sharesa
post Apr 24 2009, 09:56 AM

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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


SKY 1809
post Apr 24 2009, 09:56 AM

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The Lion remains the KING

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