the market is now at south, but the trend is going north

Say What???

no need to paint it green...just become colour blind for today and u'll be extremely happy ...

regret to buy yesterday...now it became red

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Added on August 14, 2009, 12:24 pmwhat trend?? buying or selling momentum? cant see...where??

This post has been edited by Joy~: Aug 14 2009, 12:24 PM

What??? If you've forgot to buy yesterday, that means you're saved!

i keep my rants to myself, i think i made them abit too public... haha, ops.

Go forth and make money, my fellow brethren.

what goes up must come down..

i hope it seriously crashes for once... one last crash for last minute bargains before the new yr comes..

I guess you are right.

A big distribution day for Market makers yesterday.

Today they collect back at lower prices.

tm and axiata price very near to each other.

I'm saying the entire global economic isn't going to recover by 2012.
However, the trend is rising up, it will clash/profit taking but the trend is moving up.
The worst is over, even if it clashes, it won't fall untill 800 point.

Hopefully it will happen by end of this year

A bit of pullback is good... right now.. just some sniper attack by red army.
Not yet full force assault.

But, I am happy to see SSE are currently being attacked by Red Army.
Just a few more days like this for full capitulation to bring them to their senses.

danmooncake, 100% cash?

CBIP is still a good buy =)

Quite right..therefore the current rally IMO is not a bull market but merely a bear rally.
We may still see couple of drops perhaps between 5%-25%-50% before we have true recovery.

The "less bad" and "less than stellar" earnings are all nothing but farce.
The way the market moves up so quickly recently leads me to believe it may fall back sharply.
Time to take some profits off the table before the big fall.

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Added on August 14, 2009, 12:49 pmNope.. 50% cash. But, I got some puts protection in place in case of the big fall.

This post has been edited by danmooncake: Aug 14 2009, 01:06 PM

That's a very pessimistic outlook! Of course, it's also worth keeping in mind that it's reasonable to expect a big crash market in 2012. After all, that's when the next Malaysian general election is scheduled and we all know what's likely to happen at that time. Also, Obama's up re-election then too, and I expect him to lose a lot of his popularity by then. Last of all, there's all of the end of the world theories for 2012. It's hard to tell how much weight to put on that last one, but I'm guessing that it's got to count for something.

Quite right.

The world financial market will crash big time in 2012. The first country who leads the big down fall is none other than USA.
60-80% of their homes will under water, crushed under massive debt and not only that, I believe the USD will tank big time due
to printing by US govt. Other currencies will follow as well. We may have to barter using precious metals like silver and gold. Yes, I am serious.

This post has been edited by danmooncake: Aug 14 2009, 01:10 PM

HK out of recession liao! 2H2009 growth +ve

http://www.cnbc.com/id/32412194

This post has been edited by espree: Aug 14 2009, 01:08 PM

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This post has been edited by SKY 1809: Aug 14 2009, 01:33 PM

I am relying on my enormous (and growing) stock-pile of canned baked beans to see me through.
People will be killing for food - and you can't eat sliver and gold...

I think I better learn farming. Maybe can plant own "ubi kayu". It's free summore

Canned baked bean Currency has the potentials to become International Currency replacing US$.

Mostly other currencies would be pegged to Canned Baked Beans.

This post has been edited by SKY 1809: Aug 14 2009, 02:05 PM

grandpa, what stocks are you holding now?