Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
5 Pages  1 2 3 > » Bottom

Outline · [ Standard ] · Linear+

 Stock Market V37: Return of the Bull, Part V, Bull vs. Bear

views
     
danmooncake
post Aug 11 2009, 01:48 AM

Market Up, Market Down...Wheee..
********
All Stars
10,123 posts

Joined: Aug 2007
QUOTE(nujikabane @ Aug 11 2009, 01:24 AM)
I think it is circumstantial, relating those events to the fact after it had happened.
I mean, it is a bit like reading  yesterday's horoscope and said that yes, maybe the things written in the horoscope is right
because some things happened just like what the horoscope said it would. More like you read it and you find an event in your life that day that is the same as what the horoscope said.

The list shows some 4 events about the market crash in September. In the other years, surely there have been other months where market have crashed, wasn't it ? I believe that if one is to chart the time the market slides, one would know that the market can crash at any months, and that in the course of the decades, the months where the market could have crashed would be the same, whether it be September, or any other months smile.gif

That brings to mind, the great depression, 1924, did it start on September as well ?
*
I believe everything happens for a reason. If stock market bubble got too big, it will burst and deflate itself.
Perhaps they cycle in a semi-predictable range and as a result, the downturn almost always happen in the second half of year.

No, US depression didn't start in 1924. 1924 still booming. The stock market crashed in 1929 (October) but 6 months after that, they had false bear rally, big downturn followed by massive unemployment. Their economy didn't recover until after World War 2. War always seems to bring back recovery after massive destruction. If there is going to be another massive downturn, perhaps we need to see war, to completely destroy all wealth and world economy in order to see phoenix rise again.

Are you guys prepare for the worst? brows.gif


Update:
The bears came out and did some clawing.. All 3 indices closed red.
Hope to see more downturn towards the rest of the week. brows.gif

This post has been edited by danmooncake: Aug 11 2009, 05:18 AM
danmooncake
post Aug 11 2009, 08:48 AM

Market Up, Market Down...Wheee..
********
All Stars
10,123 posts

Joined: Aug 2007
QUOTE(SKY 1809 @ Aug 11 2009, 08:21 AM)
Added on August 11, 2009, 8:29 am" Prof Krugman, Nobel Laureate and professor of economics at Princeton University"
He is the man suggested the currency control way back in 1997. Now back in Malaysia. He makes a lot sense all this while. Highly respected person.
*
He did? I thought it was Mahathir's original idea... LOL!!

But, now he's saying that the world economy needs the second stimulus. hmm.gif

On the conspiracy minded side, I am suspecting he's part of PPT, employed by the secret US Dept of Treasury aka previously known as OWGMF (Obama Working Group on Financial Market). His job is to provide prophecy and publish books to cloud the world that the end is not near as long as you trust your govt and of course, read his book. biggrin.gif



This post has been edited by danmooncake: Aug 11 2009, 09:04 AM
danmooncake
post Aug 11 2009, 11:02 AM

Market Up, Market Down...Wheee..
********
All Stars
10,123 posts

Joined: Aug 2007
QUOTE(espree @ Aug 11 2009, 10:50 AM)
Singapore's economy contracts 6.5% in first half of 2009

http://www.channelnewsasia.com/stories/sin.../448050/1/.html
*
Yet another "less bad" news. biggrin.gif

Btw, when will Malaysia report its own 2nd qtr GDP? or maybe I already missed this? hmm.gif

danmooncake
post Aug 11 2009, 11:07 AM

Market Up, Market Down...Wheee..
********
All Stars
10,123 posts

Joined: Aug 2007
QUOTE(yewyhy @ Aug 11 2009, 11:04 AM)
If i m not mistaken....24 August
*
Hmm... in that case, better watch that date.

1st qtr was terrible. Since every other countries have better 2nd qtr,
Malaysia also better show improvement otherwise KLSE will tank. nod.gif
danmooncake
post Aug 11 2009, 10:16 PM

Market Up, Market Down...Wheee..
********
All Stars
10,123 posts

Joined: Aug 2007
Bears are awaking!!! rclxm9.gif

Growl!!! Roars!!! Slash!!! rclxms.gif

I like to see some panic selling!!
danmooncake
post Aug 12 2009, 01:41 AM

Market Up, Market Down...Wheee..
********
All Stars
10,123 posts

Joined: Aug 2007
Sorry guys, my fault for bringing down the market.

Last week I called in to General Bears. He was awaken now but got diverted to China and HK and Japan.
After ransacking the market there, he took a break in Taiwan because of the typhoon, yeah, his plane was delayed.
But, he didn't forget my call. His 1st battalion managed scored some points at NYSE tonight.

Yes, he and his red army are ready to storm the gate at KLSE. So be ready. biggrin.gif
But, I'll be compassionate and I'll pull the kill switch when the pain is intolerable. tongue.gif

This post has been edited by danmooncake: Aug 12 2009, 01:53 AM
danmooncake
post Aug 12 2009, 04:15 AM

Market Up, Market Down...Wheee..
********
All Stars
10,123 posts

Joined: Aug 2007
DJ 9241.45 -96.50 -1.03%
NAS 1969.73 -22.51 -1.13%
S&P500 -994.35 -12.75 -1.27%

Hurrah!! Two days in the roll! Bears 2 Bulls 0
My shorts are green again!!! rclxms.gif

I'm beginning to like this! rclxm9.gif
I've sent my compliments to General Bear and his red army battalion!

This post has been edited by danmooncake: Aug 12 2009, 04:20 AM
danmooncake
post Aug 12 2009, 05:01 AM

Market Up, Market Down...Wheee..
********
All Stars
10,123 posts

Joined: Aug 2007
QUOTE(! Love Money @ Aug 12 2009, 04:22 AM)
doh.gif  doh.gif  doh.gif

looks like u r waiting for correction tongue.gif
*
Of course... what goes up, must come down.

Anyway, I'm tired of riding the bulls. I want to ride the bears. biggrin.gif



danmooncake
post Aug 12 2009, 08:04 AM

Market Up, Market Down...Wheee..
********
All Stars
10,123 posts

Joined: Aug 2007
SKY,

I think you also need to post Mark Mobius comment that the stocks will plunge 30% soon just to fair and prevent people being too delusion ed that everything will rise to no end. biggrin.gif


danmooncake
post Aug 12 2009, 12:04 PM

Market Up, Market Down...Wheee..
********
All Stars
10,123 posts

Joined: Aug 2007
Are we having fun yet? biggrin.gif

How about just a couple more days like this.. brows.gif



danmooncake
post Aug 12 2009, 10:06 PM

Market Up, Market Down...Wheee..
********
All Stars
10,123 posts

Joined: Aug 2007
QUOTE(! Love Money @ Aug 12 2009, 09:59 PM)
red bull turns to green bull liao laugh.gif

DMC, ur red army retreated?
*
Pulled the plug already. sad.gif
Got some profits of my shorts. biggrin.gif

Well.. let the bulls play for now, getting ready for the bigger slaughter later if it tops again. smile.gif

This post has been edited by danmooncake: Aug 12 2009, 10:07 PM
danmooncake
post Aug 12 2009, 10:12 PM

Market Up, Market Down...Wheee..
********
All Stars
10,123 posts

Joined: Aug 2007
QUOTE(SKY 1809 @ Aug 12 2009, 10:09 PM)
You operate in Iraqi war i.e hit and run  hmm.gif
*
In times like this.. a bit of hit and run is better than long hold. :-)
I don't believe we're in bull market yet - still in bear rally.

Stocks go up.. ride the bull.
Stocks go down .. ride the bear.

Both still make money. biggrin.gif

This post has been edited by danmooncake: Aug 12 2009, 10:12 PM
danmooncake
post Aug 13 2009, 12:52 AM

Market Up, Market Down...Wheee..
********
All Stars
10,123 posts

Joined: Aug 2007
The Dow looks so toppy now.. every Tom d*** and Harry already bought in ahead of Fed decision.
I may pull another short sell here to grab a few points for day trade - I'm expecting sell off after that. biggrin.gif

US Fed now on freebie freenzy. Everyone is already sugar high, they keep pumping it out.
Crazy, isn't it?

Across the Atlantic ocean, it doesn't look like UK is mending. I think they're more realistic on
the true state of the economy. They're in deeper recession that first thought.







This post has been edited by danmooncake: Aug 13 2009, 12:57 AM
danmooncake
post Aug 13 2009, 01:10 AM

Market Up, Market Down...Wheee..
********
All Stars
10,123 posts

Joined: Aug 2007
QUOTE(! Love Money @ Aug 13 2009, 01:02 AM)
no wonder u say appreciate or depreciate also u can earn money laugh.gif

go for both long and short...
*
Yes, that is correct. Bulls and Bears can also make money.
Perhaps this is only in the crazy American market. biggrin.gif

Added on August 13, 2009, 1:37 am
QUOTE(David_Brent @ Aug 12 2009, 11:45 PM)
HUH??
I'm not happy about it.

My US denominated FD savings accounts are paying next to nothing thanks to this ridiculous ZIRP. mad.gif
*
Yes, that's unfortunate. US Fed may not decide raise interest rate until for another 3-6 months.
Even if it does, it will be like 0.25 pts. I see US may want to continue this "quantitative easing" for quite some time until their economy mends. At this moment, have to buy/sell stocks and hope for capital gains instead of putting in FD for now.


Update:

DJ 9361.61 +120.16 +1.30%
NAS 1998.72 +28.99 +1.47%
S&P500 1005.81 +11.46 +1.15% rclxms.gif

Am I happy today because of stock rises? No.
Because I knew the bulls can't hold at the top, at closing, DJ gave back 40+ points.
I've shorted at near the top, and covered at closing to take some profits.
Thanks Mr. US Fed! thumbup.gif

This euphoria may continue on for now. IMO, the higher it goes, the wider the swing, the further it may drop.
We will see a double dip later. biggrin.gif

This post has been edited by danmooncake: Aug 13 2009, 05:29 AM
danmooncake
post Aug 13 2009, 09:06 AM

Market Up, Market Down...Wheee..
********
All Stars
10,123 posts

Joined: Aug 2007
QUOTE(Mikiyo @ Aug 13 2009, 08:56 AM)
well...FED maintaining the interest rate at the current low can somehow boost investor confidence right? people rather put their money into higher yielding instruments smile.gif
*
Ha ha!...."boosting confidence"?

People just prefer buy stocks because fixed deposit is too low. It doesn't really boost their confidence.
It infact adds more volatility!

Stocks are so overbought now..this "confidence" will be shoved out the window very quickly. tongue.gif

This post has been edited by danmooncake: Aug 13 2009, 09:09 AM
danmooncake
post Aug 13 2009, 09:13 AM

Market Up, Market Down...Wheee..
********
All Stars
10,123 posts

Joined: Aug 2007
QUOTE(SKY 1809 @ Aug 13 2009, 09:10 AM)
The bulls used to do hit and run,

now the turn for the bears to do so.

The world is rather fair and round.
*
Perhaps so. biggrin.gif

Bears?? What Bears? tongue.gif

Everyone is euphoric sugar high now..
Let's all pop the champagne, click BUY, go long and walk away. whistling.gif

This post has been edited by danmooncake: Aug 13 2009, 09:14 AM
danmooncake
post Aug 13 2009, 09:21 AM

Market Up, Market Down...Wheee..
********
All Stars
10,123 posts

Joined: Aug 2007
QUOTE(panasonic88 @ Aug 13 2009, 09:15 AM)
i noticed that the Dow S&P500 could go up/down +-10 pts in a day ya. i use that as a benchmark on investor's buying mood.

by the way, what was the historical high & low for Dow S&P500?
*
The last two years have been around 650 and 1500.

The bulls certainly want S&P500 to touch 1200 by end of this year.
The bears say we're going down to 850 for the next correction.
danmooncake
post Aug 13 2009, 09:32 AM

Market Up, Market Down...Wheee..
********
All Stars
10,123 posts

Joined: Aug 2007
QUOTE(zamans98 @ Aug 13 2009, 09:30 AM)
the danger of printing money :

http://www.time.com/time/photogallery/0,29...1846041,00.html
*
Yeah.. remember the banana money that the Japanese use when they occupied Malaysia during World War 2.

Today.. just look at Zimbabwe currency. Everybody is a Millionaire.
danmooncake
post Aug 13 2009, 10:25 AM

Market Up, Market Down...Wheee..
********
All Stars
10,123 posts

Joined: Aug 2007
QUOTE(SKY 1809 @ Aug 13 2009, 10:10 AM)
A lot of China Companies  taking loans to speculate in shares, bad for economy in the long term.

Government or Banks are cutting loans to these people.

It should be healthy in that sense, though market may fall.
*
Ha! The Chinese govt back off from outright saying that now because they saw people panic last 2 weeks and
cause massive selling to bring down the market. But, nevertheless the word is already out. The tightening will happen soon.

A lot of chinese retail investors are borrowing money with "original intention" to setup business. and building infrastructures and creating jobs. But, they soon find that the easy money is in real estate and "goreng" stock market. Same old story that we had back in '95, '96.

The cheap money and loan given out by Chinese bank wasn't meant for this but people are greedy now..

Sooner or later, they're like Americans.. buying up homes that they can't afford, hoping it will go up and resell for profit not realising it will burst and bam everything falls like crazy.
danmooncake
post Aug 14 2009, 04:26 AM

Market Up, Market Down...Wheee..
********
All Stars
10,123 posts

Joined: Aug 2007
DJ 9398.19 +36.58 +0.39%
NAS 2009.35 +10.63 +0.53%
S&P500 1012.73 +6.92 +0.69%

What can I say.. the bulls are clearly in power today.

The worse than expected jobless claims hardly scare the market any more. Same as the worsen retail data for month of July. Oil went back up, France and Germany declared recession is over, just added more power to the bulls. Couple of times, DJ went into red but were quickly filled by panic buyers. BAC as expected attracted more buyers after Paulson hedge fund announcement of $2.8 billion buy yesterday.

Recession? What recession? Seems like the market think we're in recovery already.
Pass me that bong so that I can smoke some. rclxub.gif

This post has been edited by danmooncake: Aug 14 2009, 04:30 AM
« Next Oldest · Stock Exchange · Next Newest »
 

5 Pages  1 2 3 > » Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
 0.0374sec    0.63    7 queries    GZIP Disabled
Time is now: 28th November 2025 - 07:31 PM
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Removal Request
Powered by Invision Power Board © 2025  IPS, Inc.