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 Stock Market VERSION 27, Feng Shui? Sentiment? Goreng?

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danmooncake
post May 28 2009, 12:17 AM

Market Up, Market Down...Wheee..
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Tomorrow if wanted to make money, scan all those stocks which they allow shorting.. start calling your broker
to borrow them and start shorting. biggrin.gif




danmooncake
post May 28 2009, 01:14 AM

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QUOTE(naz_b_85 @ May 28 2009, 12:34 AM)
4% was the consensus on economists polled by Reuters. If you read the report from BNM, you can see that they mentioned that more of the same was expected to come in the 2nd quarter before and 2nd half recovery.
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And.. unfortunately, they were also way off.

The Second Finance Minister adamantly said Malaysia will not plunge into recession,
proudly proclaimed that Malaysia is much better than Singapore, projected only 1% decline while
pointing towards Singapore that they had contracted 2%. doh.gif

I bet he's eating crow now. smile.gif

This post has been edited by danmooncake: May 28 2009, 01:16 AM
danmooncake
post May 28 2009, 01:29 AM

Market Up, Market Down...Wheee..
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QUOTE(omores @ May 28 2009, 01:24 AM)
Hahaha I doubt it. In fact, I have a sneaky suspicion that he felt good about himself because he thinks he did a good job reaassuring the public and managing their expectations. Probably thinks he should get a pat from his boss too.  tongue.gif
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What?? No kidding?? But.. he didn't get the right expectation right? It is all false hope, his numbers were off... way off.

Still can get thumbs up for good job? shocking.gif

This post has been edited by danmooncake: May 28 2009, 01:29 AM
danmooncake
post May 28 2009, 01:54 AM

Market Up, Market Down...Wheee..
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Red Army attacking DJ.. doesn't look good, midday trading.. down 100 points.

Also, in reality, N.Korea..(the real Red Army) feels like attacking both US and S.Korea.

All it takes it just one side to pull the wrong trigger.. this whole thing could blow.

This post has been edited by danmooncake: May 28 2009, 01:54 AM
danmooncake
post May 28 2009, 04:19 AM

Market Up, Market Down...Wheee..
********
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Joined: Aug 2007
QUOTE(aichiban @ May 28 2009, 04:03 AM)
woah, all short meh
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Shorting worth the risk if you know those stocks are inherently weak in the economy.
Today, this includes those like Banks, Retail, Real Estate and discretionary like Travel or Resorts.

When you short, best if you know how the retail/investors also think, and if you have a group of
friends who are also day traders, just get together and pummel the stocks with sequential sell order queue
when it opens up so that it trades down.. when it weakens, institutional/retail sees it, they also join in,
then followed by those late comers like ahbengs/aunties/uncles because they're panicking when they see
all red..

Later the day.. just buy back to cover and profit! brows.gif


danmooncake
post May 28 2009, 04:56 AM

Market Up, Market Down...Wheee..
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QUOTE(kb2005 @ May 28 2009, 04:36 AM)
DJ RED. sad.gif
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Of course it is... already warn everyone early in the morning. biggrin.gif

Now, couple with bad economic data last night, time to take your money off at KLSE big time in the morning.



danmooncake
post May 28 2009, 08:17 AM

Market Up, Market Down...Wheee..
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QUOTE(sharesa @ May 28 2009, 08:07 AM)
today CHina, Hongkong and taiwan market closed for dragon boat festival, so maybe our KLSE won't get affected much.
Hopefully!
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Dragon boat brings Red Army to invade... hence still bad luck! tongue.gif
danmooncake
post May 28 2009, 08:22 AM

Market Up, Market Down...Wheee..
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QUOTE(sampool @ May 28 2009, 08:18 AM)
still remimeber last month there is research house said the target price/reasonable price for the stock is around 0.35 - 0.39.   ohmy.gif  blush.gif
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Don't buy until it drops till .10 tongue.gif

This post has been edited by danmooncake: May 28 2009, 08:23 AM

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