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 Stock Market V40, Do you believe in October Myth?

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dEviLs
post Sep 30 2009, 05:26 PM

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QUOTE(Muliku @ Sep 30 2009, 05:24 PM)
tomorrow new month OCT MYTH ---busted or confirmed???
time for new thread ..... anyone?
*
new thread ? only post#2000+ now sweat.gif sweat.gif
jasontoh
post Sep 30 2009, 05:26 PM

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QUOTE(Muliku @ Sep 30 2009, 05:24 PM)
tomorrow new month OCT MYTH ---busted or confirmed???
time for new thread ..... anyone?
*
Harloooo.....we are just moving to October leh. How to say busted or confirmed?
zamans98
post Sep 30 2009, 05:26 PM

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QUOTE(cherroy @ Sep 30 2009, 05:20 PM)
Friday data ie employment number, is the most important one, the rest doesn't bother too much the market. Because any solid recovery must accompanied with job creation if not, it is not sustainable for economy growth.
*
aye, I always remember that, and most volatile to market movements too. Last month NYSE swing about 2% during Employment numbers.

Any dip = Opps to buy
kroegand
post Sep 30 2009, 05:27 PM

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unfortunately i used up all my bullet last week ... doh.gif doh.gif doh.gif now got to hibernate till november sweat.gif sweat.gif sweat.gif

This post has been edited by kroegand: Sep 30 2009, 05:28 PM
jasontoh
post Sep 30 2009, 05:28 PM

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QUOTE(cherroy @ Sep 30 2009, 05:20 PM)
Friday data ie employment number, is the most important one, the rest doesn't bother too much the market. Because any solid recovery must accompanied with job creation if not, it is not sustainable for economy growth.
*
"Unemployment rate dropping at slower pace" -> Market fly rocket again


Added on September 30, 2009, 5:30 pm
QUOTE(kroegand @ Sep 30 2009, 05:27 PM)
unfortunately i used up all my bullet last week ...  doh.gif  doh.gif  doh.gif  now got to hibernate till november  sweat.gif  sweat.gif  sweat.gif
*
Waiting to be goreng-ed?

This post has been edited by jasontoh: Sep 30 2009, 05:30 PM
lazyg
post Sep 30 2009, 05:39 PM

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just read that oilcorp bonds are futher downgraded...
it will probably default this coming october 7...
kroegand
post Sep 30 2009, 06:00 PM

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QUOTE(jasontoh @ Sep 30 2009, 05:28 PM)
"Unemployment rate dropping at slower pace" -> Market fly rocket again


Added on September 30, 2009, 5:30 pm
Waiting to be goreng-ed?
*
hope it'll be goreng-ed sweat.gif sweat.gif

btw LCL looks so juicy drool.gif drool.gif

This post has been edited by kroegand: Sep 30 2009, 06:01 PM
protonw
post Sep 30 2009, 06:21 PM

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QUOTE(panasonic88 @ Sep 30 2009, 05:15 PM)
protonw mui mui, you have PM smile.gif
*
Pana, you have PM. tongue.gif
mopster
post Sep 30 2009, 07:23 PM

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Rambutan in a glimpse:
1H net profit 372.941 million (increased 10.45%)
2nd interim gross dividend of 17.5 sen less Tax 25%

Ex-Date 21/10/09, long time more tongue.gif

gonna go through the report after dinner..


David_Brent
post Sep 30 2009, 07:27 PM

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QUOTE(mopster @ Sep 30 2009, 07:23 PM)
Rambutan in a glimpse:
1H net profit 372.941 million (increased 10.45%) 
2nd interim gross dividend of 17.5 sen less Tax 25%

Ex-Date 21/10/09, long time more tongue.gif

gonna go through the report after dinner..
*
Just had a quick look.
Some very nice numbers considering....
rclxms.gif
teehk_tee
post Sep 30 2009, 07:28 PM

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helllo!

looks like a lot of buyin today by proton!


Added on September 30, 2009, 7:31 pmmarket might probably rally after friday although investors are wary of the usual lethargic october.

This post has been edited by teehk_tee: Sep 30 2009, 07:31 PM
claricecmw
post Sep 30 2009, 08:04 PM

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QUOTE(mopster @ Sep 30 2009, 07:23 PM)
Rambutan in a glimpse:
1H net profit 372.941 million (increased 10.45%) 
2nd interim gross dividend of 17.5 sen less Tax 25%

Ex-Date 21/10/09, long time more tongue.gif

gonna go through the report after dinner..
*
Hip hip hurray....
After all the action and anxiety of running down the stairs due to the shaking building of my apartment sweat.gif , at last some great news to savour....slurp slurp!



No tsunami but surely got some rambutan "runtuh" tomoloooooooo rclxms.gif
zamans98
post Sep 30 2009, 09:45 PM

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NICE, DJIA down again - 58pts now.
jasontoh
post Sep 30 2009, 09:51 PM

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QUOTE(zamans98 @ Sep 30 2009, 09:45 PM)
NICE, DJIA down again - 58pts now.
*
Thought you been buying US stocks. Why so happy if it is down?
protonw
post Sep 30 2009, 09:54 PM

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DJIA terjunam so badly; almost -1% liao. Tomorrow, got my picks. rclxm9.gif


jasontoh
post Sep 30 2009, 09:55 PM

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QUOTE(protonw @ Sep 30 2009, 09:54 PM)
DJIA terjunam so badly; almost -1% liao.  Tomorrow, got my picks.  rclxm9.gif
*
What is ur pick? What if after you bought, then the "REAL" market crash come?
protonw
post Sep 30 2009, 09:55 PM

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QUOTE(teehk_tee @ Sep 30 2009, 07:28 PM)
helllo!

looks like a lot of buyin today by proton!


Added on September 30, 2009, 7:31 pmmarket might probably rally after friday although investors are wary of the usual lethargic october.
*
Today I tried to become 1 batang 2 batang buyers.... Totaled to 13 lots sahaja. Tomorrow will be better buy lor... Remember buy on dips. brows.gif


Added on September 30, 2009, 10:00 pm
QUOTE(jasontoh @ Sep 30 2009, 09:55 PM)
What is ur pick? What if after you bought, then the "REAL" market crash come?
*
Slow slow buy lor... Dont jump in all mar. I now learned to be patient. Can get matched my fate, cannot also tak apa. Cash is king and holding power is important.

Will look into some O&G I have taken profit like Waseong, Alam, Dialog, TA newly acquired Coastal, Bjtoto, Axreit ..........Necobank also.

While typing this, djia -124 (-1.27%) sweat.gif

This post has been edited by protonw: Sep 30 2009, 10:00 PM
panasonic88
post Sep 30 2009, 10:02 PM

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aww not good, fall 1.30% right now.

what happened... because of the natural disaster happened in Sumatra? sweat.gif
kingkong81
post Sep 30 2009, 10:02 PM

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Crazy....DJIA suddenly dropped so much!

"The Chicago Purchasing Managers' Index for September has just been released. It came in at 46.1, which is below the 52.0 that was widely expected and down from the 50.0 that was registered in August.

Prior to the report's release, stocks had surrendered their initial gains and moved into negative territory. The disappointing report has prompted stocks to extend their slide so that all 10 major sectors are trading with losses, the steepest of which are seen in the consumer discretionary sector (-1.0%) and industrial sector (-0.9%)"

From Yahoo! Finance
okw0809
post Sep 30 2009, 10:05 PM

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Yeap, strange indeed. DJ drops while good news comes out:

US economy dips at 0.7 percent pace in 2Q
US economy dips at better-than-expected pace of 0.7 percent in spring, probably growing now

hmm.gif hmm.gif Toilet Zone......errmmm....I mean Twilight Zone ?

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