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 US stock discussion v2

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zamans98
post Jan 20 2010, 03:51 PM

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China central bank restrict lending to cool off the market?

DJIA futures now -36. Nice tongue.gif


zamans98
post Jan 20 2010, 11:09 PM

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Bought STEC @ 17.15 for short-term. The hoohah around it is still a mystery.


zamans98
post Jan 21 2010, 12:08 AM

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duh, bad news. Bought another batch of STEC @ 16.70.

DOG jones is nearing -200pts
zamans98
post Jan 21 2010, 12:10 AM

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http://www.marketwatch.com/story/us-stocks...010-01-20-11400

Market fell on China's concern??
zamans98
post Jan 21 2010, 12:22 AM

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QUOTE(danmooncake @ Jan 21 2010, 12:11 AM)
Yes, overnight Shanghai market fell 3% because Chinese Govt wants to pullback lending.


Added on January 21, 2010, 12:14 am
If they do split, I'll buy them. Berkshire shares are well sought after and they will go higher.
*
Me too, already preparing extra cash to hold BRK.B shares, or hell, might as well sell all current holding and switch to BRK.B share. It will be active trade, since it is below 75. Look FAS 15 million trade a day, why not BRK.B?
zamans98
post Jan 21 2010, 10:24 AM

oquıɐɹ ǝɥ ɹǝo 'ǝɹǝɥǝɯos
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QUOTE(AnonyNite @ Jan 21 2010, 08:19 AM)
for son can already la, no nid until cucu kua. haha. i think with same amount of cash, dump into C better than BRKB? just wondering.

by the way, what's the cost of trading US share from singapore broker? anyone can share? i think OSK is RM350 per trade? ~_~
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BRK.B better when economy recovers, in long term, as the underlying shares are solid (for now). Consider it as an ETF

Nobody knows the C futures. I will sell as long i'm in profit. Duh 45% of my cash is locked by C.

Why not just open direct a/c with US Broker? Why need to use middle-man? Even you pay USD19.95/trade using E-trade is still cheaper. By the way, E-trade is there in Singapore.
zamans98
post Jan 21 2010, 10:06 PM

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QUOTE(AnonyNite @ Jan 21 2010, 06:38 PM)
lol, i tot can direct to US exchange through singapore. alrite, thx a lot for the info zaman. ^^

i jsut remember after split, BRKB is 1/1500 of BRKA, so in order for BRKB to fly, BRKA has to fly first? hmmmm. so lets say in 3 years, it's certainly easier for C to get to 4 or 5 which is 30-60% rather than BRKA to increase that much? XD
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C, yield's better than BRK.A for the same amount of cash, but BRK.B is stable, less worrying than C

QUOTE(danmooncake @ Jan 21 2010, 10:02 PM)
Look at that. Goldman Sachs earned almost $4.79 billion in revenue last quarter and for the full year 13.4 billion.

Can anyone name any Malaysian banks that can beat that revenue?
Perhaps even the combine of all of them?  biggrin.gif
*
Not even a combined of all banks in Malaysia plus of Singapore can beat that.

Bad data, pre-market up and down. WTF mover is STX, EBAY.Yesterday was Rambus (RMBS)

zamans98
post Jan 21 2010, 10:17 PM

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QUOTE(miuk @ Jan 21 2010, 10:14 PM)
STX managed to turn from loss to profit this quarter. WDC announcing quarter results our Friday morning.
*
then shall we target WDC? Today pre-market showing signs of weakness due to the employment data, another data release @ 12. Then can catch WDC then? its 46.60, +2.40
zamans98
post Jan 21 2010, 10:52 PM

oquıɐɹ ǝɥ ɹǝo 'ǝɹǝɥǝɯos
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QUOTE(danmooncake @ Jan 21 2010, 10:22 PM)
If we get another pullback, definitely a buy from here.
*
HL?
ERX?
TCK?
FUQI?
STEC?


Added on January 21, 2010, 11:31 pmeverythin sellin down.

duh. should use TS for my STEC

This post has been edited by zamans98: Jan 21 2010, 11:31 PM
zamans98
post Jan 22 2010, 12:07 AM

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duh, my FUQI Q @ 17.95 didn't hit. Now running at 18.35-18.45
zamans98
post Jan 22 2010, 12:11 AM

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holy ShIt, dow just down 35 points in 5 minutes! All eyes on Obama Speech which will be at 12.30.
zamans98
post Jan 22 2010, 12:15 AM

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BRK.B veli the active. Market RED, BRK.B green because too a lot of buyers ..
zamans98
post Jan 22 2010, 12:35 AM

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QUOTE(danmooncake @ Jan 22 2010, 12:29 AM)
Getting too crowded.. there.

I'm also watching ERX now. Getting ready to my buy price.  Hoping for another leg down.
Oil price is pretty resilient so far.. I need it drop to 75.
*
I think I will opt for FUQI better than BRK.B

Obama speech is coming up. There's a street talk that Obama will announced on TOO BIG TO FAIL stuffs. Still, since the dollar is cheap, just hold on.
zamans98
post Jan 22 2010, 12:59 AM

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QUOTE(sulifeisgreat @ Jan 22 2010, 12:51 AM)
dun u jus luv it? all red, so 'hong', wonder wat happens top klse tomolo?
with int rate low, expect buy the dip still in play - otherwise, its time for us to meet the dip which never recover  laugh.gif
any idea has obama spoken? wat did he say? should be really interesting  cool2.gif still too early too short gua  drool.gif

Banks Lead Growing Morning Losses

11:15 a.m. Update: The major indexes' losses accelerated in late-morning action Thursday, with President Obama poised to announce the government's plan for tougher regulation of U.S. banks.

*
I think he says it well. Profit for hedge fund, private firm lending is a NO NO. Help small businesses. Reduce the Fees, reduce C.cards fees. In fact, it is a good move for retail market.

"The proposal would limit banks' ability to engage in high-risk trades. Restrictions would be placed on proprietary trading by commercial banks to separate those institutions from investment banks"
zamans98
post Jan 22 2010, 01:07 AM

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QUOTE(sulifeisgreat @ Jan 22 2010, 01:04 AM)
really? tat means need to upgrade my screen monitor as it is showing index red color? if the markets luv it, should be green gua  rclxub.gif
any website links? all i hear so far all r proposal & nothing yet from the horses mouth
*
i heard on CNBC live.

it was short, less than 7 minutes. Visit CNBC website.

Luv it, but the effect will be not immediate ma. From -228 to now -188 speaks by itself. Dow/SP/NYSE dragged down by banks. BAC, WFC, GS, JPM all down.

zamans98
post Jan 22 2010, 01:50 AM

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Banking stocks dragged lower and lower, and pulling the rest together.


Added on January 22, 2010, 1:54 amING, RBS, HL on sale

ING is TOP 10 companies by revenue profitability, and PETRONAS is not far away too.


This post has been edited by zamans98: Jan 22 2010, 01:54 AM
zamans98
post Jan 22 2010, 08:57 PM

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pre-market stocks are reddish mostly. be prepared for another 3 digits negative today.

My LVS nearing my Average price. (Short). Been short since last 2 weeks.
MGM as well

Its a good time to pickup ING for long term.

Will buy another batch of AA for long term
zamans98
post Jan 22 2010, 10:07 PM

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QUOTE(danmooncake @ Jan 22 2010, 09:53 PM)
Remember last year.. same thing.
Obama said how much he hated the Wall Street crooks.. guess what?
We tanked like crazy till March. Then, in March.. he said.. well, I see there is a glimmer of hope in our economy.
Since then, the market rallied like crazy.

One would think Obama and his team now are shorting stocks since we got to 10700, he's helping to pull it back..with the recent announcement, and then when it is enough, he'll go long.    brows.gif
*
Good, then I will let my LVS ride down. Err,some1 here was looking @ LVS for USD20.

Will re-load LVS, FUQI, MGM once reach my desired price tag.
zamans98
post Jan 22 2010, 11:19 PM

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No recovering on progress, all down

my STEC losses saga continues. Average @ 17, now 15.x

Reload another batch of AA : Buy on dip

Rio Tinto (RTP -2.5%) and BHP (BHP -1.3%) take a hit on talk of a possible change in Australia's miner tax
zamans98
post Jan 22 2010, 11:35 PM

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Cover my short of LVS, dumped it out today. Changed strategy, will go LONG, as this is opp to buy LONG

CASH oh CASH. Where art thou?

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