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 Stock Market V41, OCTOBEAR vs OCTOBULL - Who's d winner?

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David_Brent
post Oct 6 2009, 10:36 AM

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QUOTE(ts1 @ Oct 6 2009, 10:29 AM)
just matched my order on notionvtec 0.475
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Welcome aboard!! icon_idea.gif
David_Brent
post Oct 6 2009, 11:26 AM

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Oh...Kawan just got UMA... hmm.gif
...anyone care to guess their answer...? laugh.gif

This post has been edited by David_Brent: Oct 6 2009, 11:27 AM
David_Brent
post Oct 6 2009, 11:29 AM

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QUOTE(panasonic88 @ Oct 6 2009, 11:28 AM)
Sanichi as well.

quick, go get the "standard answer" from previous UMA counters tongue.gif
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...cut 'n' paste... laugh.gif
David_Brent
post Oct 6 2009, 05:36 PM

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QUOTE(chyaw @ Oct 6 2009, 05:11 PM)
somewhere near only lar. Below is the resort.  brows.gif

http://www.damaipuriresort.com/
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Oh!
I've been there...very nice...and great crab restaurant nearby.... drool.gif


Added on October 6, 2009, 5:37 pm
QUOTE(panasonic88 @ Oct 6 2009, 05:18 PM)
drool.gif  drool.gif  drool.gif

the room rate per night minimumly from RM620++ huh!~~
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They DREAM of getting RM620 only!

This post has been edited by David_Brent: Oct 6 2009, 05:37 PM
David_Brent
post Oct 7 2009, 02:06 PM

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Wonder why MULPHA got so much action today... hmm.gif
David_Brent
post Oct 7 2009, 04:34 PM

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QUOTE(lklatmy @ Oct 7 2009, 03:55 PM)
I tend to agree with cherroy that this isn't any conspiracy.This is what I observed on my BFE terminal that day:

Someone keyed in a market order to buy KLK during the pre-closing session(1645hr to 1650hr),quantity I can't remember,TCP appeared as RM17 as buyer overwhelm sellers.( There was an uproar in my office then ,thats why I remember).

At 1650hr,Trading at last session starts,but there was no matching for KLK while other stocks were being matched.We were wondering why.(This was later explained when Bursa  in it's explanation clarify that KLK status was at "Reserved",in this state,no matching will be done and the broker initiated the buying market order can actually withdraw the order if he so wish.At this point,we were frantically searching for clients with KLK shares so that we can take advantage of the situation.

Matching at RM17 started at around 4.52pm after the "reserved status"was over,there were still buyers at RM17 after the first round of matching,everyone was so excited that all were calling their clients to sell but it was too late,big sellers came in and sellers overwhelm buyer then.chicken ran away liao!

To me,it's a  case where someone who keyed in a market order did not withdraw it before 1650 hr,could be due to many reasons but most likely,it's a case of oversight especially if that person keyed many market orders for many counters.This practice of market sell and market buy orders during pre-closing was prevalent before ,but after the KLK incident happened,I see very few  yesterday.

This is a good lesson for the big boys,always play play, have a taste of their own medicine.In fact,I think many of us are very happy that the perpetrator have to folk out 0.5m for they have been doing this kind of monkey business  far too often,thereby influenced the closing price.

If it is a conspiracy,there got to be a motive ,In this case,if try to influence the closing price,then they have suceeded but very costly and even a 3 year old knows that the price will fall back the next day.If the motive is to influence the FKLI closing,it is not month end and the perpetrator should also know that the FKLI opening next day will be down too since the KLK price will open lower.

We can expect less monkey business during the closing from now on.Something to cheer cheers.gif
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Very helpful.
Thank you,
icon_rolleyes.gif
David_Brent
post Oct 7 2009, 05:12 PM

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QUOTE(panasonic88 @ Oct 7 2009, 05:11 PM)
are you the mr handsome with 500,000 shares of TA? biggrin.gif

TA should be back in action next month when TA Global is listing on KLSE, me guess.

by the way, my portfolio turns green magically on the last 10 min
thumbup.gif
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Isn't it great when that happens! rclxm9.gif
David_Brent
post Oct 8 2009, 10:37 AM

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Today got TOPGLOVE report...wonder if we will get special divvy.... drool.gif
David_Brent
post Oct 8 2009, 10:39 AM

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QUOTE(panasonic88 @ Oct 8 2009, 09:50 AM)
Stock Trading Pick - Annjoo.

Short Term Buy.
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A lot of the IB's have ben pushing AnnJoo hmm.gif
but steel counters generally have not been moving at all for the last 3/4 months....
David_Brent
post Oct 8 2009, 10:55 AM

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SAPCRES joining the RM2.00 club soon.... rclxms.gif
David_Brent
post Oct 8 2009, 11:32 AM

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QUOTE(chyaw @ Oct 8 2009, 11:19 AM)
traffic police only clear the road block when very near to quarterly report which supposed to be next week.  smile.gif
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Will you be trading from the beach tomorrow, Chyaw?? tongue.gif
David_Brent
post Oct 8 2009, 11:51 AM

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QUOTE(shahmh @ Oct 8 2009, 11:41 AM)
it time for her to beat kencana and wahseong... rclxms.gif
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Should do soon.... rclxm9.gif
David_Brent
post Oct 8 2009, 01:27 PM

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Top Glove Corporation Bhd ("the Company"or "Top Glove")
Final Dividend and Special Dividend for the financial year ended 31 August 2009

The Company wishes to inform that the Board of Directors of Top Glove had resolved to recommend a Single Tier Final Dividend of 18% (net 9 sen) and a Single Tier Special Dividend of 12% (net 6 sen) for the financial year ended 31 August 2009, subject to the approval of the shareholders at the forthcoming Eleventh Annual General Meeting of Top Glove. rclxm9.gif rclxm9.gif rclxm9.gif

Can't see the shareholders voting against that brows.gif

This post has been edited by David_Brent: Oct 8 2009, 01:28 PM
David_Brent
post Oct 8 2009, 01:56 PM

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QUOTE(chyaw @ Oct 8 2009, 01:44 PM)
Sometimes I feel myself very dumb for dumping Topglov long time ago... I got it with a very wonderful price of  RM3.50... mad.gif
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Ha!
What about me dumping NAIM and LATEXX
How dumb am I??
doh.gif
David_Brent
post Oct 8 2009, 02:16 PM

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QUOTE(chyaw @ Oct 8 2009, 01:58 PM)
After the day you dump Naim, the price didn't really move up double.  icon_rolleyes.gif
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Still watching out for a dip to buy back in..... drool.gif
David_Brent
post Oct 8 2009, 02:25 PM

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QUOTE(chyaw @ Oct 8 2009, 02:19 PM)
I think DNP is also a good counter.
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Oh...I'll have a look at that...do you think there'll be any divvy this year??
David_Brent
post Oct 8 2009, 10:00 PM

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QUOTE(teehk_tee @ Oct 8 2009, 08:42 PM)
just want you guys to be careful. the market's running on steroids now, a string of good news and the markets rally.

FTSE is back at pre-Oct levels. so that's about 10-13% rise from the dip.
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Beginning to sound like DOOMCAKE now..... laugh.gif
David_Brent
post Oct 8 2009, 10:31 PM

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QUOTE(claricecmw @ Oct 8 2009, 10:12 PM)
It' been awhile since we last heard from doomcake.... unsure.gif
Misses his optimism  blink.gif
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DOOMCAKE? Optimism??? rclxms.gif
That'll be the day! laugh.gif


Added on October 8, 2009, 10:34 pm
QUOTE(teehk_tee @ Oct 8 2009, 10:24 PM)
hehe, i really have no clue where this is going now. the strong rally on optimism is really frightening!  unsure.gif

read an article in the Financial Times saying that retail investors are and have been on the sideline making up only 5% of market participation, what the paper thinks is that hedge funds have been propping up the market with cash.

if its hedge fund speculation.. it gives me even more things to be worried about! the last run on speculation on oil brought it to 130 was it? so yeah.... way past the fundamentals.
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It is true that all the major markets are trading/rising on very thin (historical) volumes I think hmm.gif
As far as UK is concerned, I think 'retail investors' are staying out of the market because they have NO CASH.
Fake asset rich (houses) and cash poor IMHO.

This post has been edited by David_Brent: Oct 8 2009, 10:34 PM
David_Brent
post Oct 8 2009, 10:47 PM

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QUOTE(mopster @ Oct 8 2009, 10:40 PM)
if u are planning to buy stocks.. study +observe individual counter thoroughly and make ur first move (aka buy little bit first)..
once u wet ur feet,,, ur instinct will guide you  laugh.gif
u mean his bearishness ? many ppl here including me miss his daily DJ feedback...
Yup...DOOMCAKE was LYN's own correspondent from Wall Street...an UBER-BEAR - but a great resource... nod.gif


Added on October 8, 2009, 10:48 pm
QUOTE(teehk_tee @ Oct 8 2009, 10:45 PM)
ok from what i understand from that phrase, there are rational and irrational retail investors. rational ones .. are probably us here in the forum, doing research, gathering info, buying in phases, setting target prices, etc. when irrational retail investors rush en-masse into the market, that's when trouble start.

you know it when u hear uncles in the bank talking about hot stocks.
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I was having a haircut today in Lucky Garden and my Indian barber recommended SAAG to me..... laugh.gif

This post has been edited by David_Brent: Oct 8 2009, 10:48 PM
David_Brent
post Oct 8 2009, 10:59 PM

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QUOTE(teehk_tee @ Oct 8 2009, 10:50 PM)
who doesn't miss doomcake here for his american insight!
geez, your indian barber recommended a gem! brows.gif
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Actually - I think he will be back. I think he said something about going on a trip to the US for business.....
As far as SAAG is concerned, I merely said that I thought it was possibly a truly unique opportunity in the current market.... tongue.gif

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