Tonight, I will reduce my long position and increase my short position. IMO, market already got too hot.
Like WB said.. when people are greedy, I'm afraid.
This post has been edited by danmooncake: Jul 17 2009, 12:29 PM
Stock Market V34: Return of the Bull, Part II, Malaysia Boleh!! 1200 is coming
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Jul 17 2009, 12:28 PM
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All Stars
10,125 posts Joined: Aug 2007 |
This morning at NYSE, reversal suppose to happen but didn't and instead we get the extra 1% because Dr. Doom report that we will see recession ending by end of the year. Yeah.. right. Sure.. yet millions are still unemployed, millions of homes are foreclosed in US, those toxic assets got written off like nothing has happened.
Tonight, I will reduce my long position and increase my short position. IMO, market already got too hot. Like WB said.. when people are greedy, I'm afraid. This post has been edited by danmooncake: Jul 17 2009, 12:29 PM |
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Jul 17 2009, 12:33 PM
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Senior Member
3,790 posts Joined: Aug 2007 |
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Jul 17 2009, 12:35 PM
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All Stars
23,851 posts Joined: Dec 2006 |
QUOTE(danmooncake @ Jul 17 2009, 12:28 PM) This morning at NYSE, reversal suppose to happen but didn't and instead we get the extra 1% because Dr. Doom report that we will see recession ending by end of the year. Yeah.. right. Sure.. yet millions are still unemployed, millions of homes are foreclosed in US, those toxic assets got written off like nothing has happened. Is there any limit US can print the US $ ?Tonight, I will reduce my long position and increase my short position. IMO, market already got too hot. Like WB said.. when people are greedy, I'm afraid. Whatever written offs, can go for reprint, 2nd or 3rd times. This post has been edited by SKY 1809: Jul 17 2009, 12:35 PM |
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Jul 17 2009, 12:36 PM
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803 posts Joined: Feb 2009 |
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Jul 17 2009, 12:40 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya |
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Jul 17 2009, 12:45 PM
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3,790 posts Joined: Aug 2007 |
QUOTE(ABC2020 @ Jul 17 2009, 12:36 PM) I THINK...Well your purchase price may be a bit on the high side, but looking at historical and the performance of bjtoto to date... 4.3X looks like a price that will only come along once in a lifetime (unless of course one fine day PAS comes into pwr and decides to remove gambling all together.) if you have limited monies buy now, probably you end up holding a bit longer before you see cap appreciation... if u have surplus in funds, than i suggest you to avg down if you have the opportunity.. what i did was i grab 20 lots at 4.28, and than sapu another 30 lots at 4.26... my avg i think is 4.27... This post has been edited by aurora97: Jul 17 2009, 12:47 PM |
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Jul 17 2009, 01:02 PM
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Senior Member
803 posts Joined: Feb 2009 |
QUOTE(aurora97 @ Jul 17 2009, 01:45 PM) I THINK... Well your purchase price may be a bit on the high side, but looking at historical and the performance of bjtoto to date... 4.3X looks like a price that will only come along once in a lifetime (unless of course one fine day PAS comes into pwr and decides to remove gambling all together.) if you have limited monies buy now, probably you end up holding a bit longer before you see cap appreciation... if u have surplus in funds, than i suggest you to avg down if you have the opportunity.. what i did was i grab 20 lots at 4.28, and than sapu another 30 lots at 4.26... my avg i think is 4.27... |
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Jul 17 2009, 01:05 PM
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Senior Member
7,960 posts Joined: Dec 2007 From: Kuala Lumpur |
QUOTE(ABC2020 @ Jul 17 2009, 12:36 PM) May come again if Berjaya Land/Corp lose more money in the future...the recent toto sales was to raise money to help BJLand which is in a loss for 3 quarters straight.. what is worrying is BJCorp also posted loss in the last quarter... i guess they wont let the price slip too low to keep the public's confidence.. and likely price wont go below 4.13 because Berjaya Land sold the shares at 4.75.. minus 0.62 dividend is around 4.13.. this is just what i think though.. hehe This post has been edited by mopster: Jul 17 2009, 01:08 PM |
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Jul 17 2009, 01:57 PM
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Senior Member
4,458 posts Joined: Nov 2008 From: Kuala Lumpur |
my hand is very itchy to buy something now........hm......
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Jul 17 2009, 02:12 PM
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Senior Member
7,960 posts Joined: Dec 2007 From: Kuala Lumpur |
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Jul 17 2009, 02:16 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(aurora97 @ Jul 17 2009, 11:50 AM) 3.x as in 0.03c? It pays every Q, if every Q is 7 cents, the price will shoot to 2.xx liao, where got such a "big frog jumping on the street". aww.. so dissapointed. Anyways, i bought Reit cause market was so volatile back than.. with intentions of securing my investment, pretty good is like liquid FD I understand the fact that the Cap Appreciation, even income distribution per se is abit small but (reasonable over a span of one year) and not to mention being illiquid as well. I recommend Reits, for speculators per se... if don't know where else to park your money or lack of potential counters to speculate, park with a good Reit... gives you a decent return and ample time to figure out what to do next with your monies Thanks for the advice Cherroy! |
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Jul 17 2009, 02:18 PM
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Senior Member
4,458 posts Joined: Nov 2008 From: Kuala Lumpur |
QUOTE(mopster @ Jul 17 2009, 02:12 PM) buy mopiko/zambuk/calamy lotion..... hope it helps... I'm playing Futures. How I hope I could buy at a huge volume like Naz they all, don't have to bother shooting the lowest and highest price and gain great profit just within a small price rangesorry didnt mean to tease u... my hand also itchy this morning.. i bought arreit.. haha.. |
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Jul 17 2009, 02:26 PM
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118 posts Joined: May 2009 |
QUOTE(SKY 1809 @ Jul 17 2009, 12:35 PM) Is there any limit US can print the US $ ? Provided that China will keep buying their worthless treasury bonds. The Chinese Leadership has hinted repeaatedly that they wont be going on a buying spree in the future. Therefore, They cannot continue their printing press unless they want a rout of the US dollarWhatever written offs, can go for reprint, 2nd or 3rd times. |
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Jul 17 2009, 02:34 PM
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Senior Member
5,191 posts Joined: May 2009 |
PBB dah jalan woh..... 9220 lots bot at 10.10 10k bot at 10.20
Seems to be good financial results. PBB gogogogo This post has been edited by protonw: Jul 17 2009, 02:37 PM |
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Jul 17 2009, 02:36 PM
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Senior Member
1,385 posts Joined: Mar 2008 |
SAAG queueing at 0.285 30lot XD lai lai lai!
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Jul 17 2009, 02:36 PM
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Senior Member
3,212 posts Joined: Jun 2007 From: atas bawah kiri kanan |
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Jul 17 2009, 02:36 PM
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Senior Member
1,214 posts Joined: Oct 2007 |
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Jul 17 2009, 02:41 PM
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All Stars
23,851 posts Joined: Dec 2006 |
QUOTE(taxpayer @ Jul 17 2009, 02:26 PM) Provided that China will keep buying their worthless treasury bonds. The Chinese Leadership has hinted repeaatedly that they wont be going on a buying spree in the future. Therefore, They cannot continue their printing press unless they want a rout of the US dollar That was the advice from an old man ( China ) giving to a school kid ( US ). |
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Jul 17 2009, 02:41 PM
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Senior Member
5,191 posts Joined: May 2009 |
Market getting hot now. Wow, touching 1120 |
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Jul 17 2009, 02:44 PM
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Senior Member
3,212 posts Joined: Jun 2007 From: atas bawah kiri kanan |
Afternoon dy, market volume haven't touch 1b also..
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