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 AIG, CITIBANK or KLSE Shares, Should I go for US stocks or Local Stock

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danmooncake
post Apr 27 2009, 11:35 PM

Market Up, Market Down...Wheee..
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QUOTE(dreams_achiever @ Apr 27 2009, 11:18 PM)
Yup, just do it.
For long term investment, the current share price now are very good to enter.
Diversify your capital in case you afraid of high volatility in US market.  thumbup.gif
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Hey guys... I 'm curious to know what is considered LONG term investment for some of your investment strategy....esp. dealing with US equities biggrin.gif

This post has been edited by danmooncake: Apr 27 2009, 11:36 PM
danmooncake
post Apr 28 2009, 01:29 AM

Market Up, Market Down...Wheee..
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10,125 posts

Joined: Aug 2007
QUOTE(W.ROOK @ Apr 27 2009, 11:41 PM)
Good Feedback  thumbup.gif


Added on April 27, 2009, 11:47 pmHi D'cake,

Been following closely all your comments.
I wonder how long you have been in the US market. you sound very knowledgeable.
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Not long.. maybe just 12-18 months ago.. since the housing crash. Attended some seminars to learn about
the Wall Street opportunities during downturn.. hence. I'm hooked since. If I make enough.. maybe I can quit my day time job. biggrin.gif



danmooncake
post Apr 28 2009, 10:26 AM

Market Up, Market Down...Wheee..
********
All Stars
10,125 posts

Joined: Aug 2007
QUOTE(MoonRider @ Apr 28 2009, 09:48 AM)
I think i will wait for a week .  Will reserve to buy AIG, if they fall back at $1.

But of course my preferred choice will be CITI ..
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Moonrider..
Good for you.. patience is virtue.. but don't wait too long, the market doesn't wait for anybody. biggrin.gif
There are plenty of good plays beside AIG.

Are you long or short trader? smile.gif




danmooncake
post Apr 29 2009, 08:30 AM

Market Up, Market Down...Wheee..
********
All Stars
10,125 posts

Joined: Aug 2007
C will need to drop back to $2 first before there is a chance to hit low $1.

If it hits low $2 again, they will be massive buying already because
scores of people who missed the first run already waiting at sidelines to jump back in.



 

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