checking in.
Reversion to the Mean.
Stock Market V36: Return of the Bull, Part IV, Bull defies Newton's Law of Gravity
Stock Market V36: Return of the Bull, Part IV, Bull defies Newton's Law of Gravity
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Jul 29 2009, 02:27 PM
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#1
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Senior Member
2,991 posts Joined: Jun 2007 |
checking in.
Reversion to the Mean. |
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Jul 30 2009, 10:14 AM
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#2
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2,991 posts Joined: Jun 2007 |
oh fark. the klci is rebounding, and my bonus cheque is still pending 1 day float. dammit.
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Jul 30 2009, 11:08 AM
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#3
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2,991 posts Joined: Jun 2007 |
In my Jupiter trading console, the candlestick for KLCI on July 28 is missing. Anybody else seeing the same thing on other platforms?
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Jul 30 2009, 12:28 PM
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#4
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2,991 posts Joined: Jun 2007 |
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Aug 2 2009, 12:23 AM
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#5
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Aug 3 2009, 10:21 AM
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#6
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Today I'm on leave! Any counters to goreng?
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Aug 3 2009, 10:34 AM
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#7
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so boring, nothing to buy.
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Aug 3 2009, 10:41 AM
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#8
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2,991 posts Joined: Jun 2007 |
come on.... market -10pts, still can't see any selling pressure/panic in the market.
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Aug 3 2009, 12:00 PM
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#9
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2,991 posts Joined: Jun 2007 |
I use Jupiter, vol 352M, Value $456
I am able to trade. This post has been edited by simplesmile: Aug 3 2009, 12:01 PM |
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Aug 3 2009, 12:26 PM
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#10
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2,991 posts Joined: Jun 2007 |
I just bought EIG.
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Aug 4 2009, 12:47 PM
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#11
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I feel like... even if I close both eyes and simply click on a counter, and buy.... the stock will go up, and I will make a profit.
Is this a sign that the market is too hot? |
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Aug 4 2009, 02:08 PM
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#12
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Is this considered "gambling" with Rakyat's money? Goreng-ing the components when the price is way ahead of its fundamentals.
QUOTE(mopster @ Aug 4 2009, 12:55 PM) imo, KLCI is somewhat "expensive" already, the component stocks' PER is getting higher.. for eg, the big caps like Commerz, MBB, Axiata got PER > 15... and poor DY.. only government funds would be willing to goreng it up... i remember when i bought AXIATA the PER was only 22, now 40+ Surprisingly KLCI components are more "expensive" than STI and HSI in terms of PER.. (theedge) QUOTE(David_Brent @ Aug 4 2009, 01:39 PM) The trick is to find value somewhere - but that's the hardest part Well, at least that's how I feel.If the valuations of the FBM-KLCI are already considered high - what will happen when RM10 billion or so of 1Malaysia money hits the market in a month or two? Maybe I'm biased because 90% of the stocks in my watch list is either green or yellow. If I simply pick any stocks from my watch list, there's only a 10% chance I'll make a loss. QUOTE(mo_meng @ Aug 4 2009, 01:55 PM) |
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Aug 4 2009, 04:36 PM
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#13
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QUOTE(AdamG1981 @ Aug 4 2009, 04:21 PM) The cash market is not making a newer high, that's why prepare for a big retreat. When FBM 30 fails to close above 1180, the bullish momentum fades; combined with poor volume, the cash market will most LIKELY close lower today and will drag fkli down to mid 60 level. But with the AS1M money, wouldn't it cushion the KLCI from falling? |
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Aug 4 2009, 11:30 PM
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#14
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QUOTE(teehk_tee @ Aug 4 2009, 11:19 PM) haha, but the price hasn't fallen significantly. i'm looking at a dip of more than 9-12% I targeted a finance stock, but the boat has left without me.one theory of economics which i hold true strongly is the multiplier effect, (some call it the trickle-down effect) n construction is almost always the first beneficiary of any stimulus package in a recovering economy, while the reason i've stayed away from property until now is, #1 : it's a laggard. #2 : the market is recovering but still looking too heated for my comfort. i currently hold YTL for long term, but looking to either WCT/HSL/Gamuda (not so attractive since the MD left) for buying opportunities. my portfolio has OnG, OnG up&downstream support, Finance, Construction. Looking to plantation near the end of the year, and property sometime in mid sept. My portfolio has 1 utility, 1 O&G, and 4 Consumers. My next target is that damn finance stock. It's not dipping at all. I don't buy Plantation and Construction. Reason being their earnings are cyclical. However, I may change my mind later on. This post has been edited by simplesmile: Aug 4 2009, 11:30 PM |
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Aug 5 2009, 12:18 AM
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#15
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2,991 posts Joined: Jun 2007 |
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Aug 5 2009, 05:15 PM
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#16
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Today, I jumped in and out of FKLI. Made enough for a roti canai + teh tarik. I didn't dare to hold my Short position for too long, cause don't know the impact of AS1M.
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Aug 5 2009, 06:08 PM
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#17
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QUOTE(cherroy @ Aug 5 2009, 05:43 PM) Market is eager to suck in money, from right issue (Maybank, Axiata worth 10 billion), pending IOI's right issue, Airasia private placement to overseas HSBC right issue etc, with lot of IPO on the pipeline. If listing is to take advantage of bullrun, and Maxis is listing at end of year, so means bullrun until end of year?All are taking the rising market opportunity to raise money. Bull run must take advantage on otherwise if bear come out time, nobody want already. |
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Aug 6 2009, 12:34 PM
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#18
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2,991 posts Joined: Jun 2007 |
oh my, CI green, my portfolio... 80% counters red.
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Aug 6 2009, 05:52 PM
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#19
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I've invested all my money into fundamental counters. I'm now 90% stock, 10% futures.
Now I'm singing a different song. No more correction! Bull all the way to 1,400 points! |
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Aug 6 2009, 06:08 PM
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#20
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QUOTE(SKY 1809 @ Aug 6 2009, 05:55 PM) All the best to you. Thanks. And all the best to you too. |
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