Please do a favour by using singature (for your blog) instead of every post tell people to visit your blog, which is irritating for others.

Thanks for the cooperation.

Now we have a new scenario, we can spot that revenue are dropping across generally for almost all company, but profit wise is still maintained at better shape through cost cutting measure which result better profit margin for company, eventually drive more bullishness on stock market.

But cost cutting means less expenditure spend by company, (so less business for others), or employ less people, so it mean lower revenue for other company, low revenue on other company means lower expendutire by other company, so the other company cost cut again, employ less people. That's why employment still could pose a threat on economy, and double dip theory come from.

So until this cycle break out, recovery of economy is not yet solid,

But with better profit, it means good for stock market.

Wow, the whole front page blinking non-stop, unstoppable.

Oct myth? what is that?

The more we "expected the unexpected", the more the "expected the unexpected" will not be expected. <--- don't know what I am talking either.

Gila liao, market talk about AUD will be on par with USD i.e. 1:1.

Now AUD approaching 3.10 vs RM.

USD really masuk longkang and gold price make new high in USD today.

No lar, EPF wont' dump it all want.

if you track EPF trading record, they always like that one, market goes up time, take chance to dispose, market drop time, come to market to support.

Only when market bullish time, they got chance to dispose as they don't want their disposing causing the share price drop one.

10,000?

Haha, just watch the financial new/media, those analysts or fund managers being interviewed one, talk about hitting 11,000 by year end.

10,000 no longer the target already. How fast thing change..

That's true, it is the biggest worry.

With oil price continue to go up, we might repeating the same path of early 2008, petrol Rm2.70/litre.

Whatever earn and profit is not enough to pay those price hike.

They need to free up some cash (or take profit) for raining days, if not where to find money to support the market when market dipping. Cannot always buy buy buy non-stop.

Most importantly is their job might in jeopardy if against the wind.

You follow the wind, 8/10 can get it right, as with current sentiment and trend/momemtum 8/10 of time, if nothing happen, market at least go up a little.

It is not rewarding to be a contrarian which against the wind, only only has 2/10 chance get it right. Market doesn't turn or reverse the trend everyday, in fact we can look at the long term chart, market only turn a few time (a trend reversal) in a year. Always either with trend line up for months or down for months.

Analysts, fund managers are also employee only, why try to act smart and against the wind as contrarian of the market? Doesn't make sense. After all, even follow the wind, get it wrong, they don't lose a single cent of their money. As even get it wrong, can still put up some word, my fund is following the market performance, look index falll 10%, my fund only fall 8%, I am doing a good job.

But if you against the market, market up 10%, you lose 10%, you are fired on next month.

USD depreciating, mean stock is cheaper than before in the eye of foreign investors, especially from Japan, Europe and Australia.

Also with USD depreciating, those multinational company like McDonalds, Microsoft etc earn more profit from overseas, as when it translate into USD time, more $$ for them while stock price always react to profit figure one.

Aussie people still lose money in gold even gold price surge from 900 to 1060.

There is currency risk involved because gold is traded/qouted in USD. If it is qouted in Yen, Aud or Euro, you might not see gold price surge at all.

This post has been edited by cherroy: Oct 15 2009, 12:08 AM

You do not know your currency is cheap or low if you don't go outside to see.

Just like RM is appreciating against USD (be it rising or dropping), do you know? You don't know until you are doing export/import or need to have forex transaction involved.

As with USD is depreciating a lot, it mean higher profit for Microsoft (as they report porift based in USD), so with higher profit, higher share price. Share price always follow the profit figure which is the basic of stock investment.

Those buying share one are not from blue collar workforce that are jobless at current moment, but from mostly from rich one, hedge funds, mutual funds etc.

This kind of market condition, we could see some sudden reversal of profit taking one. Back to previously old day situation.

Mean the stock could be up 10 cents or 15 cents now, due to sudden flock in of sell order or profit taking, you could see those 10 cents gain varnish in matter of a few ten of minutes. Suddenly buyer chicken out one, until stablising.

Or another word, volatility is back, and lot of action up and down.

This post has been edited by cherroy: Oct 15 2009, 10:16 AM

That's why I don't know how to sell and try to find those don't need to sell but still can make money one.

Haha, if bought a stock for contra, the stock up "bang bang seng" (Cantonese), then system time hang, cannot sell, then after system restore back, market plunge already, profit run away

I am dividend maniac

3A just needs less than 2 month time to surge from 0.40 to 1.60.

300% profit within 2 months.

The chart show straight vertical line up.

This is the "king" of stock right now.

This is the sudden reversal that talked about this morning.

I just going to post it why don't have UMA on 3A

Up so drastically generally KLSE will UMA one.

From 0.40 -> 1.60

Another copy and paste job.

Going to repeat Iris history or Repco one.

I mean how the share price is gorenged, not the company issue.

What is 3A doing actually?

I only know AAA branded canned food.

You know why it doesn't go up?