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 Stock Market V38, Return of the B...

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skiddtrader
post Aug 22 2009, 06:13 AM

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QUOTE(danmooncake @ Aug 22 2009, 05:16 AM)
9505.96 +155.91 +1.67%
2020.90 +31.68 +1.59%
1026.13 +18.76% +1.86%

That's it! Bulls won!  There....I said it.  cry.gif

Both DJ and SP500 broke through the resistance level.

Oil is at the highest level now: US$74 barrel. 
This is definitely at the re-testing US75. Is this good for longs?
I'm not so sure because we ran up so fast, so high and with little demand.
The fall is definitely going to hurt.  nod.gif

Next week, we will most likely see some pullback due to profit taking.  tongue.gif
What's next.. is anybody guess.
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Haiz doomcake, as a bear you should have more faith in history and less faith on people. I'm still bearish tongue.gif
skiddtrader
post Aug 25 2009, 12:53 PM

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I was reading theStar business morning report without looking at the market and got a shock when I saw this,

"At 9.35am, the KLCI was down 3.45% to 1,171.04 while Singapore’s Straits Times Index lost 0.59% to 2,597.02."

Wah! 3.45% is a lot! So I faster log in and then realise they typo... sweat.gif

This post has been edited by skiddtrader: Aug 25 2009, 12:54 PM
skiddtrader
post Aug 25 2009, 04:37 PM

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Tanjong looking better and better. Come on DOWN! tongue.gif
skiddtrader
post Aug 25 2009, 05:41 PM

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wow Maybank more than RM1 bil loss. Reading the report now.
skiddtrader
post Aug 25 2009, 06:40 PM

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Maybank has more than 9% weight in the KLCI index.
skiddtrader
post Aug 25 2009, 07:43 PM

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QUOTE(mynewuser @ Aug 25 2009, 07:03 PM)
One thing good is those someone will ensure no big drop. Like MAS.
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MAS?
skiddtrader
post Aug 27 2009, 11:23 AM

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I wonder how would Maybank Analysts rate their Maybank performance? SELL? tongue.gif
skiddtrader
post Aug 28 2009, 12:09 PM

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QUOTE(David_Brent @ Aug 28 2009, 11:54 AM)
Wonder why COMMERZ being sold down this morning? hmm.gif
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Yeah same thoughts.
skiddtrader
post Aug 28 2009, 05:39 PM

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What the heck happened to Commerz? hehe No rumours? tongue.gif
skiddtrader
post Aug 28 2009, 07:49 PM

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QUOTE(simplesmile @ Aug 28 2009, 07:23 PM)
Are the Airasia-CG warrants sold by the company or allotted to shareholders?
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-CG being a call warrant means got nothing to do with AirAsia other than it tracks it stock price. Call warrants are normally issued by third parties and have no bearing on AirAsia.

skiddtrader
post Aug 28 2009, 10:24 PM

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QUOTE(kmarc @ Aug 28 2009, 10:18 PM)
Alamak! Throw me wait land in dustbin how?  laugh.gif

Thanks. Will try to complete it one day. Now busy with my transfer.

Anyway, there's a link that aurora97 gave a few days back : http://www.nagawarrants.com/home.html

Recently launched by Kenanga, really good website on warrants. I was telling him that I wouldn't have done the guide on warrants if the website came out earlier.  doh.gif
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Kmarc, I realise that if you do your own guide, you tend to learn more about the subject. Especially a public guide. So I think it's good for you. As a learning experience anyway. Keep it up. notworthy.gif
skiddtrader
post Sep 1 2009, 04:18 PM

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QUOTE(simplesmile @ Sep 1 2009, 04:15 PM)
I think the much anticipated correction or bloodbath is unlikely to come. People are just holding onto their stocks because there's a general feeling that the worst is over. People will just hold and wait for the stocks to bullrun during economy boom. I don't see widespread panic selling even when the last GDP was released and put M'sia as technically in recession.
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Because it wasn't a surprise. The common man already know we are in some form of recession. The report just stated what everyone was already expecting.
skiddtrader
post Sep 1 2009, 11:34 PM

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I miss those days when DOW falls like 300 points and more. tongue.gif
skiddtrader
post Sep 1 2009, 11:37 PM

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QUOTE(jasontoh @ Sep 1 2009, 11:36 PM)
Do you hold any shares?
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Nope sad.gif

Was contemplating entering Citi last time but too scared so just sitting at sidelines enjoying the show.

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