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

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David_Brent
post May 27 2009, 12:00 AM

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QUOTE(zamans98 @ May 26 2009, 11:41 PM)
TM will skyrocket to 3.00 , no sweat. DJIA is helping it..
Dow 8,443.55 +166.23 +2.01%
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Yup.

Big Daddy Jones come home from vacation and just turned up the music to kep the party going and cracked open another case of wine.... rclxms.gif
David_Brent
post May 27 2009, 01:01 AM

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QUOTE(omores @ May 27 2009, 12:53 AM)


Added on May 27, 2009, 12:54 am
DJIA 8,478.11  +200.79 (2.43%). I'm so happy I can cry...  tongue.gif  rclxm9.gif  rclxm9.gif
icon_idea.gif
Now, now Omores dear....control yourself.....!
rclxm9.gif
David_Brent
post May 27 2009, 01:18 AM

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QUOTE(omores @ May 27 2009, 01:15 AM)
FCPO closes at 6pm. smile.gif
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Ah! FCPO market save the bacon today after 5.00pm shock! rclxms.gif

<memo to self: see Adam Sifu tomorrow> notworthy.gif
David_Brent
post May 27 2009, 02:08 AM

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8488.07 +210.75‎ (2.55%‎) 26 May 14:04 ET
Open: 8275.33
High: 8492.13
Low: 8226.90

Volume: 174,586,039
Avg Vol: 364,093,000

Obviously a new (and exceptionally high quality) consignment of finest white powder from Columbia has arrived on Wall Street. brows.gif
David_Brent
post May 27 2009, 11:40 AM

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QUOTE(panasonic88 @ May 27 2009, 10:50 AM)
me another mklander. TP 40 sens and above. hold hold hold.
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Yup. Same here. Holding till 40+
David_Brent
post May 27 2009, 09:28 PM

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QUOTE(aichiban @ May 27 2009, 07:44 PM)
oh my, berry bad news indeed
sideline is quite safe now
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"Past results are no guide to future performance"
This data is history.
Markets look forward.
Doubt it will make an iota of difference to the KLCI. tongue.gif
David_Brent
post May 27 2009, 09:33 PM

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QUOTE(naz_b_85 @ May 27 2009, 07:39 PM)
Boys and Girls, the 1st quarter GDP results was by far worst than expected. Economists were thinking of something like 4% contraction and it turned out to be worse by quite abit. This is the worst GDP reading since our 97/98 times. Second quarter is expected to be the same.

These results really show how dependent our economy is to countries such as the US. If everyone was a economist, the market should correct sharply tomorrow and buyers will wait to bottom fish. The valuations now are nowhere near what it should be especially also seeing all the disappointing corporate results. But then again, not everyone is am economist...we'll have to see tomorrow but KLCI is definitely weak and reeling.
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Interesting comments. hmm.gif

Which economists were thinking of 'something like 4% contraction'? Sorry - must have missed that. Can you provide a link?
Same goes for your comment about the second quarter. Who, exactly, expects it to be the same?

Any evidence to support these comments gratefully received.

Thanks.
David_Brent
post May 27 2009, 09:46 PM

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QUOTE(virtualgay @ May 27 2009, 09:33 PM)
Lets hope Mr.Jones give us a green day...
wanted to buy TM but end up din buy.. hiaya...
tomorrow i think those bought TM sure making money.. hehe..


Added on May 27, 2009, 9:35 pm
i want to be the smart one to pick up their shares...
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Mr. Jones gave us a great green flood last night but it didn't do KLCI any good today. blink.gif
David_Brent
post May 27 2009, 11:31 PM

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QUOTE(virtualgay @ May 27 2009, 10:46 PM)
At times right.. i think when the CI is down those small small share will not impact much la... only those bluechips are killer...
today out of no where TANJONG -0.30 PPB also -0.30 damn scary rite?
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Why scary? If the blue chips declining pulls the index down but the betas and smaller caps don't suffer - who cares?
David_Brent
post May 27 2009, 11:34 PM

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QUOTE(simplesmile @ May 27 2009, 10:59 PM)
You sure? I'm holding all small shares. I thought when people sell down their portfolio, they don't care whether the shares are blue chips or not. In fact, I would sell blue chips last because these have govt and fund support.
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Exactly.

The blue chips are the family silver. Always the last to go. Anyway - also depends if you're investing for dividends or growth and (of course) always what your time-frame/staying power is.
David_Brent
post May 28 2009, 01:12 AM

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QUOTE(MoonRider @ May 27 2009, 11:32 PM)
Looking forward to dive tommorow ..  with this bad news i think the market will badly hit .... looks like we going back to below 1000 points ...

Singapore last year already decalre hitting the technical recession ..and we malaysia boleh .. denial denial denial and keep saying we will not hit recession .. i repeat we will not hit the recession ... anyone can guess which minister said that

This is the proof of the idiot statement that bring malaysia hope to the ground ..
http://thestar.com.my/news/story.asp?file=...4767&sec=nation

60 billion mini budget , biggest budget ... puuuuuuuiii ..  i am not surprise the money used for cronies bail out ..
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Always remember:

If you're going to panic, panic early! biggrin.gif

David_Brent
post May 28 2009, 01:18 AM

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QUOTE(danmooncake @ May 28 2009, 01:14 AM)
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.
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Erm...if I remember correctly the projected decline of "only 1%" was the annualised projected figure for 2009.

What we have seen today is the BNM's figures for the first 12 weeks of 2009.

I'm sure you know what the technical definition of a recession is - so we won't go there.

But I think it's too early to tell if "they were also way off" until the 2009 figures are in....which should be some time in 2010 hmm.gif
David_Brent
post May 28 2009, 01:33 AM

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QUOTE(omores @ May 28 2009, 01:11 AM)
Hahaha, you think Im cinderalla meh? It's only 1 am la.  tongue.gif
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Omores!

Great News: DJIA hit High: 8,496.59 rclxm9.gif

OK - it slipped back a bit since then - but still - thumbup.gif
David_Brent
post May 28 2009, 01:39 AM

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If we can get this thread to V28 by tomorrow morning - it would be good luck I think... 2 8 good huh??
David_Brent
post May 28 2009, 01:41 AM

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QUOTE(naz_b_85 @ May 28 2009, 01:40 AM)
Start it....every little bit helps... tongue.gif
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I'm too shy and I'm only a recent member blush.gif
Omores should start it. IMHO. rclxms.gif

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