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http://forum.lowyat.net/topic/593237/+2500
US stock discussion v2
US stock discussion v2
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Dec 5 2009, 12:30 PM, updated 16y ago
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#1
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
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Dec 5 2009, 12:46 PM
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#2
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Senior Member
534 posts Joined: Dec 2006 |
Heh, its finally v2.
Second to post. |
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Dec 5 2009, 12:57 PM
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#3
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Junior Member
131 posts Joined: Sep 2008 |
3rd to post
Holding ERX at 40$ |
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Dec 5 2009, 01:14 PM
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#4
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Senior Member
1,345 posts Joined: Sep 2009 |
yes.. on board.
holding some MGM now.. |
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Dec 5 2009, 01:46 PM
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#5
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All Stars
23,851 posts Joined: Dec 2006 |
deleted
This post has been edited by SKY 1809: Dec 5 2009, 02:43 PM |
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Dec 5 2009, 02:19 PM
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#6
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All Stars
10,123 posts Joined: Aug 2007 |
Wow.. after come back from lunch.. surprise to see we're on v2.
Anyway, looks like someone wants my ERX badly. Sold off 1/4 position early this am before extended pm trading close. Holding 1/4 position for both TNA and ERX into next week. Going to take my afternoon nap. |
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Dec 5 2009, 02:45 PM
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#7
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid |
QUOTE(SKY 1809 @ Dec 5 2009, 01:46 PM) " on ur point of politics, here is an article on the economic crisis & ben, which if u r upset, of coz u won't read icon_rolleyes.gif " no prob abt tat, nothing to upset abt Thanks for showing me the article. Incidentally I had said something in V45 Post 1465 before I got to read your article. Nothing to be upset about. AND Many right things could be deemed wrong, and many wrong things could be deemed right , at different time of interpretations. Likewise with investments. The exception is , if you could come out with a PERFECT ECONOMIC THEORY FOR ALL TIMES. Reprinted as below :- " Cashflow really works wonder. US is all about Cashflow and money printing machines. So long they keep their printing machines in superb condition, they are still all right. ( worry comes > next election )" This post has been edited by SKY 1809: Yesterday, 01:00 PM we all here looking for $$$, lookie here, i m number 7 aiyoh, if my words can hurt anyone then i no idea what anyone will face, since SIFU MARKET take monies away happily & seldom returns it i shorted ctsh on thursday & got creamed on friday pre market feels like a kentucky fried ayam should hav shorted gld, but nothing is perfect... there r trillions of usd sloshing around now, better grab some b4 they turn off the tap next month, jobless rate will be 9.99% & job loss is lessen by 10,000 - means another bull, dun u love the usa market as usual, u all know la, i m politically incorrect ![]() » Click to show Spoiler - click again to hide... «
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Dec 5 2009, 05:02 PM
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#8
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Senior Member
4,305 posts Joined: Sep 2008 |
Check in.
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Dec 5 2009, 05:04 PM
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#9
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Senior Member
1,120 posts Joined: Jul 2006 |
Wow, this thread started second version.
dreams_achiever reporting in Just bought Goldman call options yesterday night. Time for bull to run..hehe Employment data stand at 10% better than previous month of 10.2%. If it continue to better next month, it may sign of reversal for employment data. I may wary abit for this month data due to holiday season. Not many employer will fire employee during festive season. Anyway, just buy and wait for bull run. *finger crossed* |
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Dec 5 2009, 10:19 PM
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All Stars
10,123 posts Joined: Aug 2007 |
QUOTE(dreams_achiever @ Dec 5 2009, 05:04 PM) I may wary abit for this month data due to holiday season. Not many employer will fire employee during festive season. You're right on the nail head. Next month Jan 2010, we'll get the December month unemployment data and it may be down because of a lot of "temp" hiring during festive season. I know this because I work for outsourced US companies and we're processing a lot of their calls. US Thanksgiving to Christmas is the busiest times for retailers. I say "temp" because it is for what it is. A lot of retailers aren't hiring permanent staff and a lot of them don't have benefits. After the New Year, their contract will be terminated and they will have to look for openings if the companies are willing to open up more slots. Anyway, just buy and wait for bull run. *finger crossed* This may give false impression to market that we're on recovery. Be cautious. Just trade the trend. Those who shorted Gold/Commodities and who long Dollar got a surprise break yesterday but it won't last. Good luck to all. |
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Dec 6 2009, 03:09 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL |
wow, new thread. Welcome V2. Behold the swinger party of NYSE
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Dec 7 2009, 01:21 AM
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Senior Member
1,120 posts Joined: Jul 2006 |
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Dec 7 2009, 09:21 AM
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All Stars
17,018 posts Joined: Jan 2005 |
Morning guys. US stock thread going really fast now. V2 liao.
Some weekly report for you guys. QUOTE The Weekly Report For December 7th - December 11th, 2009 Commentary: To say there was some fireworks on Wall Street this week would be an understatement. The week started with a wide range day on Monday as traders returned from the holiday weekend, which held the prior week’s lows successfully. The following day there was a sharp gap higher which took the indexes towards their recent highs. The following three days had the markets probing new highs with each test getting rejected thoroughly. By the end of the week, the markets still showed a small gain, although certain market leaders such as Apple Inc. (Nasdaq:AAPL) finished much lower. Also, the commodities markets, and gold in particular had a spectacular reversal this week. The overall trend remains higher, but this drop could put a scare in many speculators. In stepping back and looking at the chart for the S&P500 as represented by the S&P 500 SPDRS (NYSE:SPY) ETF, you can see that despite the commotion the past few days, the index remains near the middle of its trading range, not unlike where it finished last week. The recent highs will now become even more important, as the rally attempt brought in high volume selling. This type of selling is usually attributed to institutions, so caution is certainly warranted. [attachmentid=1342410] The Diamonds Trust, Series 1 (NYSE:DIA) ETF is in much the same position as SPY. The breakout attempt failed right away, but DIA also finished the week higher. It also respected the rising 20-day moving average as support and the late week pullback really only filled in the open gap. It will be interesting to see if the markets will be ready to attempt another breakout or first test support near the last week’s gap down lows. [attachmentid=1342411] While it appeared that the iShares Russell 2000 Index (NYSE:IWM) ETF was finally beginning to re-emerge as a leader, in the end, the breakout attempt failed here as well. IWM was able to clear it’s November high early on Friday morning, but it quickly reversed and closed back in the recent trading range. This new high now takes on increased importance as well, and should be watched as a potential selling area moving forward. The lows near $56 continue to be critical for IWM, as a break below would cement a topping pattern and project to a move near the $50-$51 area. [attachmentid=1342412] The Powershares QQQ ETF (Nasdaq:QQQQ) also ended the week on a similar note, with a breakout failure, but still a higher close on the week. Much like the other market ETF’s, the recent highs now take on more importance with multiple failures from this area. This group has been a leader throughout the recent months, and remains an important one to track in order to try and gain clues as to where the market is headed. [attachmentid=1342413] Bottom Line It was certainly an interesting week, as the breakout failures were disappointing for the bulls, but in all reality, by the end of the week the net result was still positive. The bears have really been unable to push the markets lower, and the recent lows across each of the market ETF’s remain out of reach. Will next week be the week where the bears make some headway? This post has been edited by ozak: Dec 7 2009, 09:24 AM |
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Dec 7 2009, 08:07 PM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid |
mali mali... skim cepat kaya, open to first 20 responders onli » Click to show Spoiler - click again to hide... «
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Dec 7 2009, 09:33 PM
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All Stars
10,123 posts Joined: Aug 2007 |
Looks like we're going down..
Oil below $75, Dollar Up, VIX up slightly. But.. looks like we're ok since it close to fair value. This post has been edited by danmooncake: Dec 7 2009, 10:04 PM |
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Dec 7 2009, 10:11 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL |
Nvidia (NVDA) and Advanced Micro Devices (AMD) reveling in Intel's (INTC) failure to produce a consumer version of its much-touted, much-delayed multi-core graphics chip Larrabee. NVDA +11% premarket to $15.79. AMD +3.7% to $8.15.
Premarket gainers: ROY +47%. NVDA +11%. NYB +9%. TRA +9%. ASIA +9%. SNTS +6%. CTIC +6%. KERX +6%. SNV +5%. AKAM +5%. S +5%. SEED +5%. VG +4%. AMD +4%. SPWRA +4%. Losers: ALTH -11%. RBS -5%. CAL -5% Wow, RBS really longkang. Seems like C previously. |
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Dec 7 2009, 11:14 PM
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All Stars
10,123 posts Joined: Aug 2007 |
Sold TNA 39.05
I'm selling the pop. Market internals look weak. |
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Dec 7 2009, 11:20 PM
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Senior Member
1,345 posts Joined: Sep 2009 |
don't why weak..
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Dec 7 2009, 11:22 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL |
QUOTE(danmooncake @ Dec 7 2009, 11:14 PM) You would think that insiders would finally change their tune after almost a year of straight line gains in the market. Think again. The most recent insider trading data from finviz indicates that insider sellling outpaces buying by a ratio of 82! In the most recent data set, $11.6 million in stock was purchased by insiders, while a whopping $957 million was sold. And somehow pundits are still spinning this mass orchestrated sell into the bid by those in the know as a bull market.http://www.zerohedge.com/article/most-rece...uying-ratio-821 Added on December 7, 2009, 11:23 pm QUOTE(epalbee3 @ Dec 7 2009, 11:20 PM) Ur MGM doin well. Dun wanna re-enter?Should Short MGM and RBS. This post has been edited by zamans98: Dec 7 2009, 11:23 PM |
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Dec 7 2009, 11:25 PM
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All Stars
10,123 posts Joined: Aug 2007 |
Energy and metals commodities are going south..,financials heading that way.
Dollar up, Rest of Stocks maybe undecided 'coz small caps holding.. Watch that Dollar. If it continues uphill, equities will tank. |
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