Yes - matched!!

Will sell when it hits 18.50
...or keep it for the Divvy and buy more if I can get at 13.xx

This post has been edited by David_Brent: Jul 17 2009, 06:40 PM

Yes. I really agree with you. Am thinking to get another 50 lots next week.
i like this counter and it feels good to own a quality asset

Unlike some of the current dogs in my portfolio - MUST learn to control the itchy finger......

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Added on July 17, 2009, 8:45 pmOoooh! ZELAN....I've got some of that in the cupboard

Do you have any TP in mind?

This post has been edited by David_Brent: Jul 17 2009, 08:45 PM

What ARE the BAC, Citi and GE results, please?

Thanks a lot!
Bank of America posts 2Q profit, surpasses Street.

BofA posts 2nd-quarter profit of $2.4 billion, beating Street, in sign banks may be recovering ...

CITI expected to be bad tho' according to CNBC.
Just a question of less or more bad.....

This post has been edited by David_Brent: Jul 17 2009, 10:09 PM

I'm sure some banks and other corporations use "creative accounting' to massage their results...it's amazingly easy to do under current accounting rules despite Sarbane-Oxley and the other legislation. "it all depends how you look at it................"

Oil is a mystery to me. But when you look at the producer countries (Russia, OPEC, Venezuela etc.) you can see that they have absolutely no interest in CO prices much below $70.00 in the medium term. I think the world economy can live with oil at around that price. The people who need to be taken out of the equation are the speculators - as President Obama also pointed out recently.

I agree with you about the fundamentals (US/UK housing market is in the toillet; unemployment will rise dramatically in the west; the unexploded derivatives time-bomb - still ticking away etc.).

But if we can turn a penny or two on the markets before the ultimate collapse - then so be it. All cash may be worthless soon anyway.

I am stocking up on krugerrands, canned food and ammunition for when the real **** hits the fan......

I am in Malaysia and I would recommend anyone to 'Think the Unthinkable' as I believe that we are ultimately facing a New World Order where ALL our current assumptions will soon be challenged. Luckily, Malaysia is unlikely to starve - but many other countries will.

As unemployment rises and feral urban populations roam the streets and law and order breaks down (even more) you will need to protect and feed yourself and your family. Apart from the gold/food/ammo I am also seriously looking at buying some easily defensible arable land - so at least I can do some subsistence farming.

By the way - if you buy gold, ALWAYS buy either sovereigns or krugerrands - much easier to hide, transport and trade.

You will need to conceal them as one of the first things governments will do when the crisis hits is to make the holding of gold by private citizens ILLEGAL.

Roosevelt made it illegal for Americans to own gold in 1933. The law was only rescinded by Nixon in 1972 (IIRC).

This post has been edited by David_Brent: Jul 17 2009, 11:31 PM

Well - that's exactly the point DMC is making.

When you have fiat currency where money is simply 'created' by CBs to the extent it will have to be in the future - a lot of interesting questions arise. One of them is:

What exactly IS money??

Ever think of that?

This post has been edited by David_Brent: Jul 17 2009, 11:45 PM

Thank you. Very useful.
Dividend proposed is a bit mean - they'll have to do something about that if the shares are to advance.

What to sell?
Where to take profit?
This is the problem

Anyone got ANJOO?
Seems to be plodding up the hill quite nicely.
Just wondered if anyone got a SELL TP?

Yes. Not many people joining the party right now. Volume still disappointingly thin.
CI still under-performing compared to other regional bourses as well.

This post has been edited by David_Brent: Jul 20 2009, 11:36 AM

Good analogy.
KLSE like ping-pong

Will PBBank move this afternoon after the announcement? Was expecting it to be much more positively active today

My WCT moving up nicely though

This post has been edited by David_Brent: Jul 20 2009, 11:41 AM

Several things can threaten this rally notably the earnings reports due out this week from the US.

Expected from:

American Express Co,
Apple Inc ,
Boeing Co,
Caterpillar Inc,
Coca-Cola Co,
DuPont Co
McDonald's Corp,
Microsoft Corp,
3M Co

Some big names there that could drop a brick in our pond.....

The other worrying thing is the very low trading volumes IMHO.

This post has been edited by David_Brent: Jul 20 2009, 01:54 PM

Wow - someone queue ASTRO at 4.60

Now 4.20!

This post has been edited by David_Brent: Jul 20 2009, 02:05 PM

You've just made me feel a whole lot better, Jason. Thanks
I was feeling a bit depressed but now, having read your post

What will be the main signals?
Large volume of small lots - or something else?

Interesting game of "chicken" going on just now with ASTRO.
Stand-off at the moment.

We'll give you an action replay when you get back

Has my trading screen hung?
Or is absolutely nothing going on??