Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

 Stock Market V28, YI FATT = easy rich!!

views
     
danmooncake
post Jun 5 2009, 03:35 AM

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

Joined: Aug 2007
QUOTE(omores @ Jun 5 2009, 02:35 AM)
QUOTE(David_Brent @ Jun 5 2009, 02:30 AM)

O&G Party - Maybe? hmm.gif

Oil prices rebound above on Goldman forecast
Posted: 05 June 2009 0125 hrs

LONDON : Oil prices rallied above 68 dollars per barrel on Thursday after US investment bank Goldman Sachs predicted the market could hit 85 dollars this year as the global economy recovers and stocks recede.

New York's main futures contract, light sweet crude for delivery in July, soared 2.45 dollars to 68.57 dollars a barrel.

Brent North Sea crude for July delivery gained 2.66 dollars to 68.64 dollars.
*
Yup, that was why HSI from intense red turn light red and Dow futures went green. This was followed by FKLI which was down earlier and KLCI shot up right after the news. Can't find any other reason for the bull.
*
Damn it! I sold too early.. vmad.gif

Oil price is running wild again..just yesterday, the US EIA report inventory build was over 1.5 million
barrels.. now, possible doom and gloom all over the world?

Today..US dollar didn't tank. Oil going up - again, this is against fundalmentals here. WTF?? doh.gif



This post has been edited by danmooncake: Jun 5 2009, 03:35 AM
danmooncake
post Jun 5 2009, 03:58 AM

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

Joined: Aug 2007
QUOTE(omores @ Jun 5 2009, 03:39 AM)
Bull one day, bear the next day or bear in the morning, bull in the afternoon. smile.gif Anyhow, we are not even sure that KLCI will be green (someone wrote DOW green, KLCI red? tongue.gif ). I can't tell anymore, cos I've been bearish for weeks while the market just went up up up. The market doesn't care about fundamentals anymore. So be cautious with what you buy and at what price you bought it.
*
Goodness omores.. you're all wakey.. like me watching stocks.. we must be crazy, everyone else here asleep.

Ahh sheshh. just 3 or mins of trading time.. Oil didn't go back down..
DJ back went up 70+ points.. doh.gif

Added on June 5, 2009, 6:40 am
QUOTE(David_Brent @ Jun 5 2009, 02:43 AM)
I wouldn't be too sure, if I were you.

I may be wrong, but there's a great deal of difference between trawling the internet for 'deals' and actually successfully opening a trading account unless you met quite specific criteria.

If you can open an account with them as a Malaysian resident with a non-US/UK/EU bank account and pass all their compliance and anti-money-laundering  requirements and regulations and trade at those rates, will you please let me know?

I know several dozen people who would like to join you - and I doubt they pay RM30.00 referral fees like Jupiter do and which are promoted on this forum by fellow posters who should know better.
*
Dave,

I have E-Trade account opened sometime ago. No issue. Just a bit more paperwork involved with manual W-8BEN.
Their fees are slightly higher than normal ($12.99/trade) if you're not active trader but they do have fast execution and great options tools. E-trade allows you to trade certain non-US equities (like in UK, HK) and their fees seem to be same for resident and non-resident.

Well, I might want to change again since I'm cheapy in fees. Looking forward to to check out MB trading.. NormanTE here knows more about than anyone else, might want to ask him about that if interested.




This post has been edited by danmooncake: Jun 5 2009, 06:40 AM
« Next Oldest · Stock Exchange · Next Newest »
 

4 Pages « < 2 3 4Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
 0.0328sec    0.49    7 queries    GZIP Disabled
Time is now: 22nd December 2025 - 09:24 PM
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Removal Request
Powered by Invision Power Board © 2025  IPS, Inc.