Toyota Motor ™ drop >20% since the recall news spread out. Is it worth to catch the falling knife?
US stock discussion v2
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 Feb 5 2010, 07:58 AM
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1,139 posts Joined: Nov 2008  
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Feb 5 2010, 08:03 AM
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1,121 posts Joined: Oct 2009 From: transiting asteroid
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QUOTE(GHz @ Feb 5 2010, 07:58 AM) Toyota Motor ™ drop >20% since the recall news spread out. Is it worth to catch the falling knife? patience, wait doji |
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Feb 5 2010, 08:07 AM
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1,345 posts Joined: Sep 2009
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QUOTE(sulifeisgreat @ Feb 5 2010, 08:03 AM) patience, wait doji toyota car price will drop.. if you really like the car, you can buy at dip (second hand one)..  Added on February 5, 2010, 8:08 amBack to US market.. I never seen so red.. This post has been edited by epalbee3: Feb 5 2010, 08:08 AM |
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Feb 5 2010, 08:11 AM
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3,944 posts Joined: Jul 2008
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QUOTE(epalbee3 @ Feb 5 2010, 09:07 AM) toyota car price will drop.. I was thinking of buying toyota shares instead if you really like the car, you can buy at dip (second hand one).. Added on February 5, 2010, 8:08 amBack to US market.. I never seen so red..  But the price still very solid. This post has been edited by darkknight81: Feb 5 2010, 08:12 AM |
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Feb 5 2010, 08:17 AM
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QUOTE(sulifeisgreat @ Feb 5 2010, 08:03 AM) patience, wait doji Great!. Below $70 seem delicious.QUOTE(epalbee3 @ Feb 5 2010, 08:07 AM) toyota car price will drop.. I am driving a Toyota. Now looking to buy Toyota shares.if you really like the car, you can buy at dip (second hand one).. |
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Feb 5 2010, 08:54 AM
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4,458 posts Joined: Nov 2008 From: Kuala Lumpur 
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So funny lar.. 2 points more to reach 10,000
QUOTE(epalbee3 @ Feb 5 2010, 07:57 AM) it should be bad.... This is true...sometimes the big shark knows the data before us.. so they act first.. yeah, bear market is confirmed. May be we need to learn how to earn in a bear market.. |
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Feb 5 2010, 09:07 AM
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8,510 posts Joined: Dec 2004 From: KayEL
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Fark, 10K and with today's data, if red (which is very very likely), we will see another 3 DIGITS movement.
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Feb 5 2010, 09:17 AM
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10,124 posts Joined: Aug 2007
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QUOTE(GHz @ Feb 5 2010, 08:17 AM) Great!. Below $70 seem delicious. Toyota does look attractive at 70.. but wait for the market to resume after the Prius recall announcement and see what happens.I am driving a Toyota. Now looking to buy Toyota shares. If drop below 70, we could see $60 as gap down. |
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Feb 5 2010, 11:04 AM
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QUOTE(danmooncake @ Feb 5 2010, 09:17 AM) Toyota does look attractive at 70.. but wait for the market to resume after the Prius recall announcement and see what happens. OK thanks for your input. I am going to watch it closely now.If drop below 70, we could see $60 as gap down. |
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Feb 5 2010, 11:10 AM
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QUOTE(zamans98 @ Feb 5 2010, 09:07 AM) Fark, 10K and with today's data, if red (which is very very likely), we will see another 3 DIGITS movement. u say pro FA & can buy the dip, means FA news must be good, but ur above remarks confusing leh  one second bull, one second bear... roughly wat kind of info out there being digested for thread 'see saw'  |
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Feb 5 2010, 02:01 PM
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17,019 posts Joined: Jan 2005
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QUOTE(danmooncake @ Feb 5 2010, 09:17 AM) Toyota does look attractive at 70.. but wait for the market to resume after the Prius recall announcement and see what happens. Not sure how long it still will drop. One by one model problem keep surface. The latest is lexus problem.If drop below 70, we could see $60 as gap down. I suspect the american behind this and trumpet up the news. To make their local brand selling up. Should by GM or ford I guess.  |
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Feb 5 2010, 04:19 PM
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8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(sulifeisgreat @ Feb 5 2010, 11:10 AM) u say pro FA & can buy the dip, means FA news must be good, but ur above remarks confusing leh Analyst oso like tat mah. Today, based on FA, DOGGIE to test 9,980. SPX oso testing 1,050. BUY on dip, as long you have cash, just hold to it as FA is based on el-cheapo dollar. Interest rate is not going up anytime soon. one second bull, one second bear... roughly wat kind of info out there being digested for thread 'see saw' For TA lover, visit this.  |
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Feb 5 2010, 06:14 PM
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1,121 posts Joined: Oct 2009 From: transiting asteroid
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QUOTE(zamans98 @ Feb 5 2010, 04:19 PM) Analyst oso like tat mah. Today, based on FA, DOGGIE to test 9,980. SPX oso testing 1,050. BUY on dip, as long you have cash, just hold to it as FA is based on el-cheapo dollar. Interest rate is not going up anytime soon. FA analyst, wat is ur take on playing hang seng? buy the dip or different taktik?
hsi movement is 'high blood pressure' type, thousand of points movement their futures should be lagi shiok
look at the range trading available between mid oct to mid jan  purely TA support & resistance levels» Click to show Spoiler - click again to hide... «
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Feb 5 2010, 09:35 PM
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10,124 posts Joined: Aug 2007
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Unemployment rate: 9.7% vs. 10%, a slightly drop but the revised numbers won't be good later.
If you get a pop in the am, sell, it won't last!  |
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Feb 5 2010, 09:37 PM
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8,510 posts Joined: Dec 2004 From: KayEL
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Muted reaction to a mixed bag of employment data, with payroll losses over Dec. and Jan. 85K more than expected, but unemployment 4/10 of a point lower than forecast. Dow -0.6% to 9918. S&P -0.75% to 1054. 30-year Tsy +0.2%. Euro -0.3%. Yen -0.4%. Pound -0.5%. Crude -0.4% to $72.90. Gold -0.5% to $1,057
Let see if we break 10,000. Today is flyday, so ppl might unload the short and we will hve a GREEN day. UNG, Technologies on the move. |
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Feb 5 2010, 10:07 PM
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I don't think we have bottom but a small push up due to better unemployment rate. The benchmark revision has skewed this number, otherwise it could be as high as 10.6% now.
I'm unwinding some of my 3x and 2x shorts to re-position another entry later. Covered ERX (even), unloaded TZA (small gain). Still keeping FXP and UUP, and keeping March TCK 30 puts for hedging. This post has been edited by danmooncake: Feb 5 2010, 10:10 PM |
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Feb 5 2010, 10:23 PM
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8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(danmooncake @ Feb 5 2010, 10:07 PM) I don't think we have bottom but a small push up due to better unemployment rate. The benchmark revision has skewed this number, otherwise it could be as high as 10.6% now. I got no 2x or 3x for quite sometime. But have 3x alike - which is STEC and AA. Both for long term and on cash purchases, so I have no worries.I'm unwinding some of my 3x and 2x shorts to re-position another entry later. Covered ERX (even), unloaded TZA (small gain). Still keeping FXP and UUP, and keeping March TCK 30 puts for hedging. Looks like soft opening, and we may re-test 9,980, either tear it apart with 2 digit reddish or super horny green at 10,065 |
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Feb 5 2010, 10:27 PM
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1,345 posts Joined: Sep 2009
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i think the soft raise is a trap..
watch carefully in this bear market.. |
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Feb 5 2010, 10:42 PM
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8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(epalbee3 @ Feb 5 2010, 10:27 PM) i think the soft raise is a trap.. wow, suddenly reverse by 50pips. Here we go. 9980 broken, but I'm positive it will be not 3 digits downwards like yesterdaywatch carefully in this bear market.. |
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Feb 5 2010, 10:55 PM
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1,345 posts Joined: Sep 2009
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may be we should buy FAS now..
Added on February 5, 2010, 10:56 pmmay be we should buy FAS now.. This post has been edited by epalbee3: Feb 5 2010, 10:56 PM |
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