If you go down to the woods today
You're sure of a big surprise
If you go down to the woods today
You better go in disguise...
For every bear that ever there was
Will gather there for certain because
Today's the day the teddy bears had their picnic.

At six o'clock their mummies and daddies
will take them home to bed
Because they're tired little teddy bears

Errrmmmm... you're pro-bear or pro-bull?

Wrong! This market will sell off soon. Just taking a little breather lah!

HD 2nd qtr is nothing lah. Across the home building stores in US, everywhere is down. Just because HD
last qtr earnings are better doesn't mean sentiments are better.

This post has been edited by danmooncake: Aug 18 2009, 09:24 PM

Picnic's over for the Teddy Bears....time for bed.

No big deal.. it will come down soon. Trend is lower. One day close up means nothing lah.
Those who bought higher will continue to be disappointed even more.

Ahhhh, I remember:

David_Brent = pro-bull

Danmooncake = pro-bear

Me? I wanna play play with whatever bear... teddy bear... panda bear... grizzly bear....

wa danmooncake reallllllly pessimistic of this market huh dont worry...after i earn enough..ill pull out and join u

Aiya.. like they say both bulls and bears actually also make money. Both sides are also happy.
Only those piggy that got greedy gets slaughtered.

This post has been edited by danmooncake: Aug 18 2009, 09:31 PM

Very true.
It was Michael Milken who first told me: "Bulls get rich and bears get rich - but pigs get slaughtered".

It was just before he got sent to jail IIRC

Or maybe it was Ivan Boesky - can't remember...

This post has been edited by David_Brent: Aug 18 2009, 09:35 PM

im still advocating a red wednesday, but a green thursday.
can't wait for TAS Offshore, had a look at the company. it's like my OnG stocks but better, downside's the export reliance part of it.

hmmmmm..

This post has been edited by teehk_tee: Aug 18 2009, 09:39 PM

Every Wednesday is RED Wednesday on KLSE

By the way - do your charts show any reason why Rambutan has been clobbered so much recently?
Normally it stays as steady as a rock through these <ahem> small local difficulties....

This post has been edited by David_Brent: Aug 18 2009, 09:42 PM

yeah. funny.
Red means can buy in!!

I also like energy stocks which made me a lot of money last 6 months but in the next 4-6 months, I'm bearish.
Energy stocks went too high and already peak. Oil price will come down lower, that means lower revenue for the OnG services area. I'll buy them at lower price.

Any ideas on The BIG RED RAMBUTAN? (see edited post)

Mega sale only valid for 1 or 2 trading day ONLY. After that regretted and banging of not picking up what you want.

..and NO REFUND - NO RETURNS...!

Gen. Bear is not finished yet..

Yup, eurzone looks weak despite some good news like the improved german investors confidence.
Same goes for US there is a mix of good and "not so bad" news... mainly from earning and housing reports..

This post has been edited by mopster: Aug 18 2009, 09:50 PM

I remember when it closed at 1.07

---

Added on August 18, 2009, 9:53 pmInteresting point...
What would be your prediction on the WTI/Brent price on 31/12/09?

This post has been edited by David_Brent: Aug 18 2009, 09:53 PM

WOW.

that is one beating it took.
it might retrace down to 14.30 before rebounding.

that stock's really volatile now.

i remember last year ppl bought around RM5-RM7 b4 the bonus issue...after that --===> 3x cent

slowly & painfully... (one of favourite stock during year 07-08