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 Stock Market V40, Do you believe in October Myth?

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TSdebbieyss
post Oct 1 2009, 02:00 PM

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oh ya... i forgot....

thanks love money.
TSdebbieyss
post Oct 1 2009, 02:05 PM

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Those expert says it will fall down 20%, which mean KLCI will fall down to approximately 970 points...
TSdebbieyss
post Oct 1 2009, 02:07 PM

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http://www.cnbc.com/id/33107669

October Looks Great for Stocks: Analyst
Published: Wednesday, 30 Sep 2009 | 5:56 PM ET Text Size By: CNBC.com

Forget 1929, 1987 or even 2008: October is a good month for stocks.

So said Jordan Kotick of Barclays Capital, who offered CNBC his market insights going into the fourth quarter.

Stocks logged their best quarter in 11 years, as of Wednesday's close of U.S. trading. Kotick said the best is yet to come.

He pointed to several different indicators and trends collated "since 1950" — including more recent developments in the Russian and Saudi Arabian stock markets — which he said prove that the fear of October is unfounded.

"The odds of an advance are 50 to 60 percent," Kotick said. "And the median return is positive."

Positive Surprises Coming this Fall: Chief Investor

2 Stocks Could Quickly Go From Trash To Treasure
"If we don't get a correction over the next couple of weeks, then the risk isn't until the end of the year — and you'll get a 'melt-up' in equities," Kotick declared.


TSdebbieyss
post Oct 1 2009, 02:12 PM

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proton, ya, i believe 50% for their statement, another 50% for myself.

p.s: not quoting anyone's statement. really very very slow...
TSdebbieyss
post Oct 1 2009, 02:29 PM

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finally able to browse to this page... phew~
TSdebbieyss
post Oct 1 2009, 09:42 PM

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DJ Futures -38%
S&P500 -5.9%
Nasdaq -9%


QUOTE(chyaw @ Oct 1 2009, 09:06 PM)
He may already makes tons of money and now sailing in his private yacht with his dream girls.  drool.gif
*
i like this

laugh.gif
TSdebbieyss
post Oct 1 2009, 10:05 PM

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Sorry.. typo... sad.gif



Updated one:
DJ Futures -72
S&P -8.6
Nasdaq -11.5

TSdebbieyss
post Oct 1 2009, 10:24 PM

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DJ futures -116 already....
TSdebbieyss
post Oct 1 2009, 11:01 PM

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Don't Expect a V-Shaped Recovery: Strategist
http://www.cnbc.com/id/33118020

Published: Thursday, 1 Oct 2009 | 9:11 AM ET Text Size By: CNBC.com
"Anybody who's anticipating a V-shaped recovery is going to be disappointed and they're going to be disappointed for a while," Stephen Wood, chief market strategist at Russell Investments, said Thursday.

The recovery rally that we have seen and signs that the global economy has begun to engage signal a "transition phase," Wood told CNBC. "We're transitioning from recession into growth, but it is going to be slow growth."

"Coming into 2010, we've got all these liquidity provisions, these massive balance sheet issues that have been taking place globally and I think right now what we are looking at is data and an economic recovery that's on government life support," he said.

"I don't think it's going to be brisk recovery in the United States," Woods said, adding that the path to recovery will be anemic and jobless.

"With a consumer who's not dead but damaged and with a government that's spending … going into 2010 (we'll see) modest, positive growth. But it's going to be a challenging environment," he said. The easy credit of 2006 is long gone, he added.

Wood sees China as the world leader in terms of "sequence and new growth."

New Set of Investing Ground Rules

For a corporate market perspective, we are transitioning from an "earnings story" to a "revenue story," he said. "The market is beginning to price in what the revenue numbers will look like. Not just earnings but revenue as we go into a growth that is very slow and tepid for the foreseeable future."

"We've kind of moved into a new set of ground rules for investing," Woods said. "As the Fed withdraws there's a lot of opportunity to assess the environment for 2010."

"The real interesting issue on a case-by-case, corporate name-by-corporate name basis is going to be as the Fed begins to withdraw two-by-two that life support that they are providing, what companies stand to benefit," he said.

Ahead of the September U.S. jobs report out on Friday, Wood predicted the numbers to come in "reasonably in line."


TSdebbieyss
post Oct 1 2009, 11:46 PM

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QUOTE(okw0809 @ Oct 1 2009, 11:44 PM)
Haha......As of now, I still can't figure how ppl take profit when market down  biggrin.gif  biggrin.gif
*
For long term trader/investor, they bought shares since early this year so now is their time to take profit biggrin.gif
TSdebbieyss
post Oct 1 2009, 11:49 PM

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QUOTE(cherroy @ Oct 1 2009, 11:39 PM)
38%?
If DJ -38%, tomorrow KLCI will limit down and shut down, remisiers will have early off day.  laugh.gif
KLCI only can drop -10% under the new rules.

Oct starts with a big bang. -150 for DJ.
*
sorry cherroy...

typo.. sweat.gif
TSdebbieyss
post Oct 1 2009, 11:52 PM

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QUOTE(jasontoh @ Oct 1 2009, 11:50 PM)
Your typo cost a lot of traders panic
*
sorry.... sweat.gif
TSdebbieyss
post Oct 1 2009, 11:56 PM

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Not sure who is using HLB, they have such a service which is a brief explaination of the result of closing market. They send via sms half an hour after market closes.

I think this is somehow quite informative.

But I'm not sure if shares trading people do receive this sms or not.
TSdebbieyss
post Oct 2 2009, 12:01 AM

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QUOTE(David_Brent @ Oct 2 2009, 12:00 AM)
Can we all try finish this thread tonight??
That way the LYN insomniacs club can start a new thread for tomorrow....
Better Feng Shui and NO references to BEARS....

What say you???? icon_rolleyes.gif
*
but then... this is truly a BEAR...

This post has been edited by debbieyss: Oct 2 2009, 12:02 AM
TSdebbieyss
post Oct 2 2009, 12:07 AM

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QUOTE(claricecmw @ Oct 2 2009, 12:06 AM)
Just curious, is there a rule in LYN to say which page shd be the last page before another new thread can be created?
*
to lighten LYN's database storage
TSdebbieyss
post Oct 2 2009, 12:21 AM

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espree, your avatar is cool...
TSdebbieyss
post Oct 2 2009, 12:23 AM

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David, why not you start?
We never see you start any thread yet
tongue.gif
TSdebbieyss
post Oct 2 2009, 12:30 AM

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where got recovering?
still -1.3%

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