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Stock Market V37: Return of the Bull, Part V, Bull vs. Bear
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debbieyss
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Aug 13 2009, 11:10 AM
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QUOTE(AdamG1981 @ Aug 13 2009, 11:05 AM) I'm looking for a massive sell down to complete the correction, so far i see yesterday's volume lesser than Tuesday's volume which i think many of the ah mas still holding their stocks and not willing to let go despite the huge drop. But judging from Shanghai intraday performance, i see another leg down. There's massive selling when China reaches positive territory, hinting maybe its previous support has now turned resistance. Technical , and fundamental wise, capitulation will occur pretty soon. Panic selling is just a click away. So, am i right to say, the remaining weeks of this month isn't gonna reach 1189, which was the highest to date?
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AdamG1981
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Aug 13 2009, 11:10 AM
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QUOTE(panasonic88 @ Aug 12 2009, 08:08 PM) Adam, how's your gf's KNM? average down or set stop loss? She contra off three times with all in the black. I have told her to only intraday.
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SKY 1809
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Aug 13 2009, 11:11 AM
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MK Land is set to report better than expected results.
Just do not know when.
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AdamG1981
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Aug 13 2009, 11:11 AM
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QUOTE(debbieyss @ Aug 12 2009, 08:10 PM) So, am i right to say, the remaining weeks of this month isn't gonna reach 1189, which was the highest to date? Possible, right now FBM looks like a descending triangle, with the high getting lower daily.
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David_Brent
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Aug 13 2009, 11:15 AM
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My MUDAJAYA +0.52  Added on August 13, 2009, 11:16 amQUOTE(SKY 1809 @ Aug 13 2009, 11:11 AM) MK Land is set to report better than expected results. Just do not know when. The fair market value of MKLand is 1.80 per share IMHO This post has been edited by David_Brent: Aug 13 2009, 11:16 AM
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SKY 1809
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Aug 13 2009, 11:16 AM
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QUOTE(David_Brent @ Aug 13 2009, 11:15 AM) My MUDAJAYA +0.52  What is the news or tip ?
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espree
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Aug 13 2009, 11:17 AM
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QUOTE(David_Brent @ Aug 13 2009, 11:15 AM) My MUDAJAYA +0.52  Added on August 13, 2009, 11:16 amThe fair market value of MKLand is 1.80 per share IMHO congratz
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David_Brent
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Aug 13 2009, 11:21 AM
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QUOTE(SKY 1809 @ Aug 13 2009, 11:16 AM) What is the news or tip ? I was hugely oversold yesterday - down to 2.78. So yesterday was a good day to buy  Wah! Now +0.66  Now +0.71 This post has been edited by David_Brent: Aug 13 2009, 11:23 AM
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panasonic88
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Aug 13 2009, 11:22 AM
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20k VIP Club
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QUOTE(AdamG1981 @ Aug 13 2009, 11:10 AM) She contra off three times with all in the black. I have told her to only intraday. poor thing. but she should be glad to have you as her mentor.  QUOTE(SKY 1809 @ Aug 13 2009, 11:11 AM) MK Land is set to report better than expected results. Just do not know when. i put Mkland in my radar too, if market is coming down. < 40 sens. MK Land: Confident of achieving RM1bn salesCODE MK Land Holdings Bhd expects to hit RM1bn in sales in the near term as it grows double-digit annually over the next five years. It expects sales to breach RM600m next year, buoyed by the Armanee Terrace condominiums and Rafflesia, two core products within its Damansara Perdana township in Selangor. The 3 major projects there, i.e. the Armanee Terrace, Rafflesia and Metropolitan Square, will generate sales of about RM3.5bn over 5 years. (Business Times)
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SKY 1809
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Aug 13 2009, 11:23 AM
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QUOTE(David_Brent @ Aug 13 2009, 11:21 AM) I was hugely oversold yesterday - down to 2.78. So yesterday was a good day to buy  Wah! Now +0.66  Strike First Prize- limit up soon
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panasonic88
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Aug 13 2009, 11:24 AM
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20k VIP Club
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MUDAJAYA +80 sens, wow! p/s: should change name to "MUDAKAYA" liao This post has been edited by panasonic88: Aug 13 2009, 11:25 AM
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David_Brent
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Aug 13 2009, 11:24 AM
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QUOTE(SKY 1809 @ Aug 13 2009, 11:23 AM) Strike First Prize- limit up soon Yup! Looks that way. Totally crazy.....
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AdamG1981
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Aug 13 2009, 11:25 AM
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QUOTE(panasonic88 @ Aug 12 2009, 08:22 PM) poor thing. but she should be glad to have you as her mentor.  i put Mkland in my radar too, if market is coming down. < 40 sens. MK Land: Confident of achieving RM1bn salesCODE MK Land Holdings Bhd expects to hit RM1bn in sales in the near term as it grows double-digit annually over the next five years. It expects sales to breach RM600m next year, buoyed by the Armanee Terrace condominiums and Rafflesia, two core products within its Damansara Perdana township in Selangor. The 3 major projects there, i.e. the Armanee Terrace, Rafflesia and Metropolitan Square, will generate sales of about RM3.5bn over 5 years. (Business Times) Actually, she made off with profits for knm. Now more on fx though. Malaysian market way too slow.
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David_Brent
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Aug 13 2009, 11:25 AM
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QUOTE(panasonic88 @ Aug 13 2009, 11:24 AM) Can't keep up with it - every time I look it's gone up 5 cents  Dropping back sharply now....that's what you call a goreng session! This post has been edited by David_Brent: Aug 13 2009, 11:27 AM
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panasonic88
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Aug 13 2009, 11:27 AM
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20k VIP Club
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QUOTE(David_Brent @ Aug 13 2009, 11:25 AM) Can't keep up with it - every time I look it's gone up 5 cents  crazy liao~! what triggered you to buy Mudakaya Mudajaya few days ago btw?
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David_Brent
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Aug 13 2009, 11:28 AM
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QUOTE(panasonic88 @ Aug 13 2009, 11:27 AM) crazy liao~! what triggered you to buy Mudakaya Mudajaya few days ago btw? Greed - pure, simple GREED!
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VyvernS
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Aug 13 2009, 11:30 AM
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QUOTE(panasonic88 @ Aug 13 2009, 11:27 AM) crazy liao~! what triggered you to buy Mudakaya Mudajaya few days ago btw? Lots of contracts...Bright future... Here is a write up from CIMB. Is TM suddenly moving? This post has been edited by VyvernS: Aug 13 2009, 11:31 AM Attached File(s)
CIMB_Trader_AM_13Aug09.pdf ( 267.52k )
Number of downloads: 22
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jasontoh
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Aug 13 2009, 11:30 AM
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QUOTE(David_Brent @ Aug 13 2009, 11:28 AM) Greed - pure, simple GREED!  Next time when you have this feeling on certain counter, pls post up as well, so that all of us can push the price up
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SKY 1809
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Aug 13 2009, 11:31 AM
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QUOTE(panasonic88 @ Aug 13 2009, 11:22 AM) poor thing. but she should be glad to have you as her mentor.  i put Mkland in my radar too, if market is coming down. < 40 sens. MK Land: Confident of achieving RM1bn salesCODE MK Land Holdings Bhd expects to hit RM1bn in sales in the near term as it grows double-digit annually over the next five years. It expects sales to breach RM600m next year, buoyed by the Armanee Terrace condominiums and Rafflesia, two core products within its Damansara Perdana township in Selangor. The 3 major projects there, i.e. the Armanee Terrace, Rafflesia and Metropolitan Square, will generate sales of about RM3.5bn over 5 years. (Business Times) Thanks for the update. Penny stock goreng could be soon back in town.
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jasontoh
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Aug 13 2009, 11:33 AM
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QUOTE(VyvernS @ Aug 13 2009, 11:30 AM) Lots of contracts...Bright future... Here is a write up from CIMB. I learn not to follow the research house write up as they only follow wind. Market bullish, everything is good- more contracts, business expanding etc, market bearish, good FA counters also say bad - business might be stagnant, when company is expanding etc. Added on August 13, 2009, 11:35 amQUOTE(VyvernS @ Aug 13 2009, 11:30 AM) Lots of contracts...Bright future... Here is a write up from CIMB. Is TM suddenly moving?Don't make me happy la. When I see, only 4 cents up. I was sooo...  until become This post has been edited by jasontoh: Aug 13 2009, 11:35 AM
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