Previous thread
http://forum.lowyat.net/topic/593237/+2500
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
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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
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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
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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
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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
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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
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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  without even saying a word of thanxi 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
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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
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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
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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
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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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QUOTE(zamans98 @ Dec 6 2009, 03:09 PM) wow, new thread. Welcome V2. Behold the swinger party of NYSE Nice. I like the swinger term. Muahaha..Buy at one hand, sell at another hand. .. |
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Dec 7 2009, 09:21 AM
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All Stars
17,018 posts Joined: Jan 2005
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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
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mali mali... skim cepat kaya, open to first 20 responders onli  as they say, pls pm me  haha...» 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
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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
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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
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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
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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
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QUOTE(danmooncake @ Dec 7 2009, 11:14 PM) Sold TNA 39.05 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.I'm selling the pop. Market internals look weak. 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) don't why weak.. 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
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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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Dec 7 2009, 11:31 PM
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Senior Member
1,345 posts Joined: Sep 2009
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QUOTE(zamans98 @ Dec 7 2009, 11:22 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. Bought at 10.80. Will tanking..http://www.zerohedge.com/article/most-rece...uying-ratio-821 Added on December 7, 2009, 11:23 pm Ur MGM doin well. Dun wanna re-enter? Should Short MGM and RBS. Hope will rebound to 11. I think someone is trying to pull down the price for next rally.. |
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Dec 7 2009, 11:39 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(epalbee3 @ Dec 7 2009, 11:31 PM) Bought at 10.80. Will tanking.. MGM looks like it wants to see below 10 first. I might load up if it does that.Hope will rebound to 11. I think someone is trying to pull down the price for next rally.. |
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Dec 7 2009, 11:58 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(danmooncake @ Dec 7 2009, 11:39 PM) MGM looks like it wants to see below 10 first. I might load up if it does that. I'm going for 10. LVS at 16.LVS trade done, BUY 15.75, SOLD 16.25, awaiting to re-enter at 16 x150 and 15.90 x150 |
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Dec 8 2009, 01:33 AM
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All Stars
10,123 posts Joined: Aug 2007
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Sold ERX 38.40, small profit.
Waiting for re-entry. Update: 3:08am Uncle Ben has spoken.. going long again. Update: 3:52am Hoo Hoo.. selling into close.. Waiting for a bigger dip. Closing Update: 5:25am Dow 10390.11 +1.21 +0.01% Nasdaq 2189.61 -4.74 -0.22% S&P 500 1103.25 -2.73 -0.25% Oh... market doesn't seem to like Uncle Ben speech. We sold into the close. My rebuy queue for ERX 37.50 didn't happen. All cash for today. This post has been edited by danmooncake: Dec 8 2009, 05:28 AM |
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Dec 8 2009, 09:16 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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Wow, look at ASIA.
NVDIA, AMD gained on Intel Failure to launch new chip. Short INTC Re-entered LVS after-market @ 15.90 |
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Dec 8 2009, 09:22 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(zamans98 @ Dec 8 2009, 09:16 AM) Wow, look at ASIA. Wow! ASIA is primed for shorting.. NVDIA, AMD gained on Intel Failure to launch new chip. Short INTC Re-entered LVS after-market @ 15.90  This post has been edited by danmooncake: Dec 8 2009, 09:22 AM |
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Dec 8 2009, 09:37 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(danmooncake @ Dec 8 2009, 09:22 AM) Wow! ASIA is primed for shorting.. still looking @ nice entry point. Big jumped form 28$.Another candidate is RBS. been on down trend since last month. |
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Dec 8 2009, 09:33 PM
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Junior Member
81 posts Joined: Jun 2009
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QUOTE(zamans98 @ Dec 8 2009, 09:37 AM) still looking @ nice entry point. Big jumped form 28$. ya, i m also interested in rbs...Another candidate is RBS. been on down trend since last month. wondering what's the bad news that resulted for the dropping This post has been edited by syong: Dec 8 2009, 09:34 PM |
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Dec 8 2009, 09:50 PM
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All Stars
10,123 posts Joined: Aug 2007
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Whoa.. nice. Oil down, Copper down, Gold down.. Futures down. Dollar up!
S&P target 1080 today.  |
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Dec 8 2009, 10:14 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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wow, very good market.
Damn, missed RBS again. whaddafuk. 10.08, worth to SHORT? hmm. Maybe after dumping INTC. Added on December 8, 2009, 10:15 pmC is pretty much dead. Almost 2 months and no movement. Now in a very tight channel 400-420. Big sum stuck in C - and never even reach 4.40. The spare cash can use to swing MGM and LVS! This post has been edited by zamans98: Dec 8 2009, 10:15 PM |
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Dec 8 2009, 10:50 PM
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Junior Member
81 posts Joined: Jun 2009
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[quote=zamans98,Dec 8 2009, 10:14 PM]
wow, very good market. Damn, missed RBS again. whaddafuk. 10.08, worth to SHORT? hmm. Maybe after dumping INTC. missed? u short? tot it is dropping? |
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Dec 8 2009, 10:56 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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[quote=syong,Dec 8 2009, 10:50 PM]
[quote=zamans98,Dec 8 2009, 10:14 PM] wow, very good market. Damn, missed RBS again. whaddafuk. 10.08, worth to SHORT? hmm. Maybe after dumping INTC. missed? u short? tot it is dropping? [/quote] yup, short opps missed. now wanna buy, 9.92? MGM Q 10.00 not hit, now LVS and MGM singing song together, flying high. |
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Dec 8 2009, 10:58 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(zamans98 @ Dec 8 2009, 10:56 PM) yup, short opps missed. now wanna buy, 9.92? Wait.. the selling may accelerate in another 2 hours.MGM Q 10.00 not hit, now LVS and MGM singing song together, flying high. Just Q it. |
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Dec 8 2009, 11:04 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(danmooncake @ Dec 8 2009, 10:58 PM) Wait.. the selling may accelerate in another 2 hours. hope they will. just cut loss on INTC. Crappy monkey. Just Q it. Mega news this Thu+Fri.. Thu Dec 10 9:30pm Trade Balance 9:30pm Unemployment Claims Fri Dec 11 9:30pm Core Retail Sales m/m 9:30pm Retail Sales m/m |
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Dec 8 2009, 11:48 PM
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Senior Member
1,345 posts Joined: Sep 2009
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MGM is tanking.
I will keep it unless it falls until 9. |
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Dec 8 2009, 11:52 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(epalbee3 @ Dec 8 2009, 11:48 PM) MGM is tanking. 15 cents is not tanking yet. It needs to be below $10.I will keep it unless it falls until 9. I like to see -3% to -5% for it before consider a BUY. Price target $9.50 |
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Dec 8 2009, 11:55 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(danmooncake @ Dec 8 2009, 11:52 PM) 15 cents is not tanking yet. It needs to be below $10. wow, 9.50? seriously? Im looking at 990-10.00, any price will be okay for me, coz I'm a small trader. Normally enter x200-300 only.I like to see -3% to -5% for it before consider a BUY. Price target $9.50 |
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Dec 9 2009, 12:21 AM
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Senior Member
534 posts Joined: Dec 2006
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Sigh, C is down to USD3.98 now. Why can't the treasury just sell their stake and pocket the money.
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Dec 9 2009, 12:44 AM
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All Stars
10,123 posts Joined: Aug 2007
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I'm in ERX 36.10, TNA 36.60 for swing trading
Update: 2:08am Scalped and sold TNA for 38.40 for quick profit Update: 4:08am Selling accelerated.. In another batch of TCK 32.40 for long. Who cares commodities tanking but I'm long. Dollar strength will be short lived. Buying opportunity here. Closing update: 5:23am Dow 10285.97 -104.14 -1.00% Nasdaq 2172.99 -16.62 -0.76% S&P 500 1091.93 -11.32 -1.03% This post has been edited by danmooncake: Dec 9 2009, 05:25 AM |
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Dec 9 2009, 09:12 AM
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Senior Member
768 posts Joined: Jan 2005
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Finally post in v2.
Closed all my short positions in MGM and LVS. Now time to keep the bullets for the rebound. |
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Dec 9 2009, 04:49 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(mH3nG @ Dec 9 2009, 12:21 AM) Sigh, C is down to USD3.98 now. Why can't the treasury just sell their stake and pocket the money. reached 3.90. Fark. Not only C down, most giants are down as well. GS, WFC, JPM, and popular BAC. I have no idea weather need to average or leave it. |
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Dec 9 2009, 05:49 PM
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Senior Member
4,305 posts Joined: Sep 2008
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QUOTE(zamans98 @ Dec 9 2009, 04:49 PM) reached 3.90. Fark. Not only C down, most giants are down as well. GS, WFC, JPM, and popular BAC. I have no idea weather need to average or leave it. Day low at 3.85, I consider going in... |
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Dec 9 2009, 10:04 PM
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Junior Member
81 posts Joined: Jun 2009
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any idea whether etf is available in cimbinvest?
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Dec 9 2009, 10:11 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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ETF? CIMB? Not sure.
Which ETF u;re looking at? |
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Dec 9 2009, 10:14 PM
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Junior Member
81 posts Joined: Jun 2009
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haha, searching...
any recommendation? financial related? |
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Dec 9 2009, 10:17 PM
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All Stars
10,123 posts Joined: Aug 2007
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We may have another dip today... the majors are weak. Gold and Silver selloff continues, dollar strengthening another notch.
If you're long and up, sell this pop and buy at lower level. If you're short, it may too late to try it at this level. Use caution. |
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Dec 9 2009, 10:18 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(syong @ Dec 9 2009, 10:14 PM) haha, searching... my favorite:any recommendation? financial related? Financial : UYG Properties: URE Its 2x ETF, sometimes with good swings. URE breached 6 and staying there, biggest underlying stock is SPG. UYG : Underlying are: GS, JPM, C, BAC. UYG looks delicious now. Good entry 5-540's |
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Dec 9 2009, 10:25 PM
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All Stars
10,123 posts Joined: Aug 2007
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Banks are in trouble again.. the Dubai issue seems to be trickling to Europe now.
US banks are hardening their credit again. Set your eyes on S&P 1080. Go long and buy some if we dip down to this level. |
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Dec 9 2009, 10:36 PM
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Junior Member
81 posts Joined: Jun 2009
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QUOTE(zamans98 @ Dec 9 2009, 10:18 PM) my favorite: since seldom trade, only have account with cimb.Financial : UYG Properties: URE Its 2x ETF, sometimes with good swings. URE breached 6 and staying there, biggest underlying stock is SPG. UYG : Underlying are: GS, JPM, C, BAC. UYG looks delicious now. Good entry 5-540's no point even if counter look delicious yet cant enter. |
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Dec 9 2009, 10:55 PM
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Senior Member
1,345 posts Joined: Sep 2009
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Tanking agan..
all bears will followed by a bull... |
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Dec 9 2009, 11:04 PM
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Senior Member
534 posts Joined: Dec 2006
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QUOTE(syong @ Dec 9 2009, 10:04 PM) any idea whether etf is available in cimbinvest? You can't buy ETF's using cimbinvest. You'll need to call their nightdesk to place your order. Kinda sucky since they charge so much for the brokerage fees.  |
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Dec 9 2009, 11:18 PM
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Junior Member
81 posts Joined: Jun 2009
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higher than what they r charging me for the online services?
shit, they have been charging damn high fees. Is Hong Leong or Maybank provide a better (= lower) brokerage fees? |
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Dec 9 2009, 11:55 PM
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All Stars
10,123 posts Joined: Aug 2007
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And... it touched 1086 and rebound..
Did you all get some? I did.. Bought another batch: 250 ERX 35.80 1000 TNA 36.50 500 TCK 32.85 Update: 11:58pm Sold 1000 TNA 37.50 Quick $1K profit. Looking for re-entry again if we sell later in afternoon. This post has been edited by danmooncake: Dec 9 2009, 11:59 PM |
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Dec 10 2009, 12:13 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(danmooncake @ Dec 9 2009, 11:55 PM) And... it touched 1086 and rebound.. wow,congrats. Ur popular ETF = TNA and ERX.. Did you all get some? I did.. Bought another batch: 250 ERX 35.80 1000 TNA 36.50 500 TCK 32.85 Update: 11:58pm Sold 1000 TNA 37.50 Quick $1K profit. Looking for re-entry again if we sell later in afternoon. mine holding tight with LVS, hope to HEDGE against the heavy losses of C. |
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Dec 10 2009, 12:22 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(zamans98 @ Dec 10 2009, 12:13 AM) wow,congrats. Ur popular ETF = TNA and ERX.. Yes, those are two most predictable 3x ETF for now. mine holding tight with LVS, hope to HEDGE against the heavy losses of C. I'm holding some C too, but not too worry about it. If it drops to 3.75-3.80, I'll buy another batch. LVS almost drop to my BUY price again (below 15). Update 12:46am: Don't want to be greedy. Sold 1/2 position TCK@ 34.25 for small profit, still holding the other half. Market losing strength, I may rebuy at lower price. Update 4:00am Bought 500 TCK @ 33.60 1000 TNA @ 36.60 250 ERX @ 35.05 Update: 4:48am Sold 1000 TNA @ 37.70 (~ another 1K here) 250 ERX @ 36.07 (~ small profit.. 0.25K) Still keeping TCK.. I love this roller coaster! Update: 4:50am Bought 500 C 3.80 It hits my price, therefore I'm nipping it here. Closing Update: 5:20am Dow 10337.05 +51.08 +0.50% Nasdaq 2183.73 +10.74 +0.49% S&P 500 1095.89 +3.95 +0.36% I'm not sure what causing the volatility today but we have crossed from green to red to green again.. Today, has been good day for me. I'm 2K+ richer. Thank you Mr. NYSE. This post has been edited by danmooncake: Dec 10 2009, 07:23 AM |
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Dec 10 2009, 08:48 AM
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Senior Member
1,120 posts Joined: Jul 2006
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DMC, nice profits there
So easy gain. Click here and there, can earn USD2K++ dy..lolz News from Citi: Citi could sell $20 bln of shares soon: report On 5:52 pm EST, Wednesday December 9, 2009 Buzz up! 0 Print.Companies:Bank Of America CorporationCitigroup, Inc.Goldman Sachs Group Inc. NEW YORK (Reuters) - Citigroup Inc (NYSE:C - News) plans to pay back TARP by raising money in an equity offering that could be announced as early as Thursday and could be some $20 billion, television network CNBC reported, citing sources. No wonder my GS climbed almost 3% yesterday nite. Go Go go.. Year-End bull..haha Just wait for next Wednesday FOMC rate decision. If Fed continue to suppress the interest rate, equities may have small rally.. |
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Dec 10 2009, 09:14 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(dreams_achiever @ Dec 10 2009, 08:48 AM) DMC, nice profits there looks like a recycle news, something injected to support the dropped in C and GS.So easy gain. Click here and there, can earn USD2K++ dy..lolz News from Citi: Citi could sell $20 bln of shares soon: report On 5:52 pm EST, Wednesday December 9, 2009 Buzz up! 0 Print.Companies:Bank Of America CorporationCitigroup, Inc.Goldman Sachs Group Inc. NEW YORK (Reuters) - Citigroup Inc (NYSE:C - News) plans to pay back TARP by raising money in an equity offering that could be announced as early as Thursday and could be some $20 billion, television network CNBC reported, citing sources. No wonder my GS climbed almost 3% yesterday nite. Go Go go.. Year-End bull..haha Just wait for next Wednesday FOMC rate decision. If Fed continue to suppress the interest rate, equities may have small rally.. GS and AAPL is the most favourite/darling stock of NYSE according to a poll run by CNBC DMC, congrats. I was in dreamland when you make $$$ |
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Dec 10 2009, 09:38 AM
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All Stars
10,123 posts Joined: Aug 2007
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Guys, not so easy-lah..
I had to glue my butt to the seat and sit in front my 4 big screens monitors. Hardly take a break.. didn't even had my midnight snack. If you saw the chart for TNA, it oscillated from top of the Bollinger Band to bottom almost 3 times today.. I was afraid to let go and if I did, I would have missed it. Anyway, I guess I was lucky today. Phew!  Just took my last call and signing off work now. Going for my afternoon nap and coming back again tonight after 9pm. |
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Dec 10 2009, 10:12 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(danmooncake @ Dec 10 2009, 09:38 AM) Guys, not so easy-lah.. dunno how u managed ur time. I cannot take a nite job. Too tiring for me. I had to glue my butt to the seat and sit in front my 4 big screens monitors. Hardly take a break.. didn't even had my midnight snack. If you saw the chart for TNA, it oscillated from top of the Bollinger Band to bottom almost 3 times today.. I was afraid to let go and if I did, I would have missed it. Anyway, I guess I was lucky today. Phew! Just took my last call and signing off work now. Going for my afternoon nap and coming back again tonight after 9pm. dun forget to add - the adrenaline rush during the day. The feel! Like drugged ... especially on a volatile stock like 3x ETF! C was 3.85? |
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Dec 10 2009, 10:24 AM
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Senior Member
1,120 posts Joined: Jul 2006
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QUOTE(zamans98 @ Dec 10 2009, 10:12 AM) dunno how u managed ur time. I cannot take a nite job. Too tiring for me. Same as me too. Day need to work as programmer.dun forget to add - the adrenaline rush during the day. The feel! Like drugged ... especially on a volatile stock like 3x ETF! C was 3.85? Night become part time trader. If want me to stay whole night watching stocks, i think my life will shorter 10 years. Earn so much money also no use, no life to spend on it..haha. Citi been consolidating for quite long time. I think it is just waiting to climb. Been steady around 3.70 - 4.20 for many days. (7 weeks) |
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Dec 10 2009, 10:24 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(zamans98 @ Dec 10 2009, 10:12 AM) dunno how u managed ur time. I cannot take a nite job. Too tiring for me. Been working night for years now. No issue. No choice since my customers are all US based.dun forget to add - the adrenaline rush during the day. The feel! Like drugged ... especially on a volatile stock like 3x ETF! C was 3.85? Otherwise, my team and I would not have jobs. I'm lucky that my employer allows me to process trouble tickets and day trade at the same time. Anyway, C dropped to 3.79 the last 5 mins. I saw it dived, so I scooped some up @ 3.80 to average down. For C, the swing trade has to play out longer. Since BAC is getting back its feet, I'm sure C will be next. Gotta be patient there. I'm getting tired now. ... Talk you guys tonight.This post has been edited by danmooncake: Dec 10 2009, 10:25 AM |
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Dec 10 2009, 04:36 PM
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Senior Member
1,345 posts Joined: Sep 2009
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MGM is tanking..
very tired after work. I dun care, if MGM not drop below 9, I am not selling.. |
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Dec 10 2009, 05:00 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(epalbee3 @ Dec 10 2009, 04:36 PM) MGM is tanking.. bought x 200 @ 9.99, x 200@ 9.85. I have faith in LVS and MGM. TP: 11very tired after work. I dun care, if MGM not drop below 9, I am not selling.. Reload LVS x300 @15.35 , TP 17 |
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Dec 10 2009, 07:32 PM
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Junior Member
81 posts Joined: Jun 2009
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have checked. cant buy etf vide cimbinvest.
already own 300 bac and c, plan to hold for long term. if i were to choose between rbs and mgm, which is the better option, perhaps short to medium? rbs has been dropping for the past few months, worse even after dubai's news... mgm? since dont put all my eggs in all financial shares? |
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Dec 10 2009, 07:47 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(syong @ Dec 10 2009, 07:32 PM) have checked. cant buy etf vide cimbinvest. MGM or LVS. Avoid Financial counter for now. I hold 3,000 C, now lose almost 20% of the value.already own 300 bac and c, plan to hold for long term. if i were to choose between rbs and mgm, which is the better option, perhaps short to medium? rbs has been dropping for the past few months, worse even after dubai's news... mgm? since dont put all my eggs in all financial shares? I highly suggest open an account with J2trader or Sogo. Cheap rate, easy monitoring n management. But then again, its your choice and money. |
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Dec 10 2009, 08:03 PM
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Junior Member
81 posts Joined: Jun 2009
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how to transfer monies there / back? how long it takes?
know cimb's brokerage fees going to cost me a lot. but i hardly trade, hvnt tried cimb even account opened early this year. |
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Dec 10 2009, 08:40 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(syong @ Dec 10 2009, 08:03 PM) how to transfer monies there / back? how long it takes? via TT/wire, use CIMB or HSBC for wire. Normally receiving broker banker will charge USD25 or 85RM for the funding fee. Same fees apply for transfer out. know cimb's brokerage fees going to cost me a lot. but i hardly trade, hvnt tried cimb even account opened early this year. Unless u have US Bank account, it is cheaper. The fees you only paid once. Dun worry about the exchange rate, now USD /MYR is low, so grab the opportunity . 3.35-3.40 is a good rate. |
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Dec 10 2009, 09:31 PM
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All Stars
10,123 posts Joined: Aug 2007
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8:30am EST US Jobless Claims: 474K. That's UP from prior: 457K
but... the 4-weeks moving averages are lower: 473.75K (as opposed to 481.25K), therefore market is interpreting this as good news. Less employers fire people during holidays seasons.. infact more temp hiring, dollar slightly higher. VIX low, Oil back above $71 and S&P above 1090. All is calm and buyers are returning. Let's ride this up! This post has been edited by danmooncake: Dec 10 2009, 09:58 PM |
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Dec 10 2009, 10:39 PM
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Junior Member
81 posts Joined: Jun 2009
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can ask some stupid questions?
there is market order and limit order, which one should i used? if i want to buy ABC at 10 and not willing to pay anything more than that, i should use limit order? tks |
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Dec 10 2009, 10:53 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(syong @ Dec 10 2009, 10:39 PM) can ask some stupid questions? market order is the bid/ask price. Say 10.00 (buy)-10.01 (sell).there is market order and limit order, which one should i used? if i want to buy ABC at 10 and not willing to pay anything more than that, i should use limit order? tks Im market order, your buy price will be 10.01 yes, use limit order for set price, say 9.90. etc |
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Dec 10 2009, 11:03 PM
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Senior Member
768 posts Joined: Jan 2005
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QUOTE(syong @ Dec 10 2009, 08:03 PM) how to transfer monies there / back? how long it takes? Typically pretty fast, I normally use Public Bank and the receiving bank charges 15usd and the money gets there that night itself.know cimb's brokerage fees going to cost me a lot. but i hardly trade, hvnt tried cimb even account opened early this year. --------------------------------------------- Queue to buy MGM @ 10.86 and C @ 3.84 Let's see if can get it or not. This post has been edited by miuk: Dec 10 2009, 11:42 PM |
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Dec 10 2009, 11:44 PM
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Senior Member
1,345 posts Joined: Sep 2009
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QUOTE(miuk @ Dec 10 2009, 11:03 PM) Typically pretty fast, I normally use Public Bank and the receiving bank charges 15usd and the money gets there that night itself. 10.86?--------------------------------------------- Queue to buy MGM @ 10.86 and C @ 3.84 Let's see if can get it or not. |
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Dec 10 2009, 11:47 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(epalbee3 @ Dec 10 2009, 11:44 PM) 10.86? I'll be happy to sell to him at 10.86! Anyway, for me 9.50, not a penny more. Mari mari, come to papa! |
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Dec 11 2009, 12:19 AM
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Senior Member
768 posts Joined: Jan 2005
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Haha, typo. 9.86.
Phew, actually thought i made a mistake keying in the order, had to go and double check it. --------------------------------------- Guys, Any idea whats the story with CIT Group? CIT is now back trading on the NYSE after emerging from brankruptcy @ 26 dollars As far as i can recall CIT - 80 cents then declared brankrupt became CITGQ trading for like 20 cents then now become CIT again for 26 dollars?? This post has been edited by miuk: Dec 11 2009, 12:28 AM |
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Dec 11 2009, 12:30 AM
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All Stars
10,123 posts Joined: Aug 2007
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Sold 250 ERX @ 37.50, still got 250 left.
Let see how high we can get.. Come'on Dow.. attempt another 10500 will ya? Closing Update 5:08am Dow 10405.83 +68.78 +0.67% Nasdaq 2190.86 +7.13 +0.33% S&P 500 1102.35 +6.40 +0.58% Not a rally today, just a slight push up. This post has been edited by danmooncake: Dec 11 2009, 07:13 AM |
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Dec 11 2009, 02:26 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(miuk @ Dec 11 2009, 12:19 AM) Haha, typo. 9.86. CIT? wow +13%.Phew, actually thought i made a mistake keying in the order, had to go and double check it. --------------------------------------- Guys, Any idea whats the story with CIT Group? CIT is now back trading on the NYSE after emerging from brankruptcy @ 26 dollars As far as i can recall CIT - 80 cents then declared brankrupt became CITGQ trading for like 20 cents then now become CIT again for 26 dollars?? Base price : 25.50$. It is a reverse split. |
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Dec 12 2009, 12:29 AM
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All Stars
10,123 posts Joined: Aug 2007
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Sold all my ERX 37.80.. Oil price has weaken (below $70).
Waiting for down cycle and rebuy at lower price. The bulls are getting tired. |
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Dec 12 2009, 01:12 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(danmooncake @ Dec 12 2009, 12:29 AM) Sold all my ERX 37.80.. Oil price has weaken (below $70). yeah, the BULL is tired for now... move it biatch..Waiting for down cycle and rebuy at lower price. The bulls are getting tired. |
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Dec 12 2009, 05:11 AM
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All Stars
10,123 posts Joined: Aug 2007
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Closing update (5:10am)
Dow 10471.50 +65.67 +0.63% Nasdaq 2190.31 -0.55 -0.03% S&P 500 1106.41 +4.06 +0.37% We closed up, but the bullish strength certainly has weaken 'coz we're close to the top again. I've closed out all my 3x positions. All cash for the weekend. But, still holding non-3x longs like TCK, C, etc.. You all have a good weekend! This post has been edited by danmooncake: Dec 12 2009, 05:13 AM |
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Dec 12 2009, 07:32 AM
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Junior Member
71 posts Joined: Feb 2009
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feel like selling all shares in klse and dump into berkshire hathaway b share when it split.
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Dec 12 2009, 08:32 AM
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Senior Member
1,345 posts Joined: Sep 2009
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Yeah, MGM is recovering.
my target price to sell is 11.. |
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Dec 12 2009, 03:11 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(pete999 @ Dec 12 2009, 07:32 AM) feel like selling all shares in klse and dump into berkshire hathaway b share when it split. yup, u read my mind. I will park my fund with Berkshire. |
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Dec 14 2009, 10:11 PM
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All Stars
10,123 posts Joined: Aug 2007
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Look at that.. Dubai is non-issue now and Citigroup to repay Tarp.
Looks like we got one more push up north tonight. Dow bouncing off 10500 ceiling again.. Will it be able to punch thru this time? This post has been edited by danmooncake: Dec 14 2009, 11:31 PM |
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Dec 15 2009, 12:30 AM
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Senior Member
768 posts Joined: Jan 2005
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Crap C choose to repay the TARP money, there goes my money in there all diluted in their new stock offering.
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Dec 15 2009, 12:37 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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TARP payment is actually a TRAP.
Same case happen with BAC. up then down by 2$. Now crappy C also down from 4.05 few days back to now 3.78$. Oh crap, time to hedge against C. I hold 3,000 C @ avg 4.70. Damn! |
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Dec 15 2009, 12:50 AM
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All Stars
10,123 posts Joined: Aug 2007
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Dow 10505, S&P 1113
Sold 750 TCK 36.35, still have 250 left. Those holding C may want to be patient and play some other stocks while C finds its ground. I missed run on TNA this morning. |
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Dec 15 2009, 12:58 AM
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Junior Member
118 posts Joined: Sep 2009
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It's dangerous to hold C. Or accumulate more on C . Please Guide. |
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Dec 15 2009, 01:16 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(wildthings73 @ Dec 15 2009, 12:58 AM) It's dangerous to hold C. Or accumulate more on C . Please Guide. I'm holding till the Fat Lady sings. |
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Dec 15 2009, 01:50 AM
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Senior Member
2,352 posts Joined: Jan 2003 From: Pixelgasm
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QUOTE(wildthings73 @ Dec 15 2009, 12:58 AM) It's dangerous to hold C. Or accumulate more on C . Please Guide. At the near future, C is actually hopeless. But much later wor, u may laugh like mad cow coming home la. |
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Dec 15 2009, 05:18 AM
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All Stars
10,123 posts Joined: Aug 2007
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Closing update
10501.05 +29.55 +0.28% Nasdaq 2212.10 +21.79 +0.99% S&P 500 1114.11 +7.70 +0.70% Look at that! We crossed over and closed above 10500.. Man, this bull market got conviction. The question now is.. will we see 11000 first or 10000 first? Not much trading today since I'm letting some of remaining longs ride up (eg. TCK). Should have hold on more.. but heck, profits are profits.  C is a dismay today due to Tarp repayment and fear of dilution but I think we have to let it it settle down. Too many panic sellers today and it may last a couple of trading sessions before C find its footing. This post has been edited by danmooncake: Dec 15 2009, 05:20 AM |
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Dec 15 2009, 07:48 AM
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Senior Member
2,352 posts Joined: Jan 2003 From: Pixelgasm
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QUOTE(danmooncake @ Dec 15 2009, 05:18 AM) Closing update How will dilution effect it? Can shed some light?10501.05 +29.55 +0.28% Nasdaq 2212.10 +21.79 +0.99% S&P 500 1114.11 +7.70 +0.70% Look at that! We crossed over and closed above 10500.. Man, this bull market got conviction. The question now is.. will we see 11000 first or 10000 first? Not much trading today since I'm letting some of remaining longs ride up (eg. TCK). Should have hold on more.. but heck, profits are profits. C is a dismay today due to Tarp repayment and fear of dilution but I think we have to let it it settle down. Too many panic sellers today and it may last a couple of trading sessions before C find its footing. I am looking forward to C at 3.50. |
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Dec 15 2009, 08:22 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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Future is reddish for now. C is now out of the channel. Its downwards. Dunno if I should get more or just let it be.
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Dec 15 2009, 08:53 AM
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All Stars
17,018 posts Joined: Jan 2005
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QUOTE(zamans98 @ Dec 15 2009, 08:22 AM) Future is reddish for now. C is now out of the channel. Its downwards. Dunno if I should get more or just let it be. I have same thinking as you. Should I get more? Seems like good price.  |
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Dec 15 2009, 08:59 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(ozak @ Dec 15 2009, 08:53 AM) I have same thinking as you. Should I get more? Seems like good price. not sure. But one day it will back to 30$, the question is when. Perhaps pickup some at 3.50's? |
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Dec 15 2009, 09:03 AM
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All Stars
10,123 posts Joined: Aug 2007
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Seems like WFC is following C foot steps. Repaying TARP, getting the govt out of the way as quickly as possible.
Oh boy, they can't wait, can they? |
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Dec 15 2009, 09:12 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(danmooncake @ Dec 15 2009, 09:03 AM) Seems like WFC is following C foot steps. Repaying TARP, getting the govt out of the way as quickly as possible. everyone is chasing to clear. But C is winning the war ahead by clearing all debts. The plan is much clearer than WFC, BAC, JPM, GSOh boy, they can't wait, can they? Refer here : http://bailout.propublica.org/main/list/refunds Added on December 15, 2009, 4:11 pmLVS and MGM are doing well. I'm holding small volume of both. Another GOOD ETF for those who are interested in GOLD. Market Vectors Junior Gold Miners ETF (GDXJ) Price range 25-29. Not volatile, good liquidity. or Barrick Gold Corporation > ABX : NYSE Surprisingly, RBS is doing well. Time to short MEGANEWS ALERT: Uncle Ben & Co is not looking forward for interest rate revision. Hence, the strategy BUY on DIPS (ensure u got extra cash to hold in-case market u turn) and sell on rally. [doesn't work in Kurap Land Stock Exchange KLSE] This post has been edited by zamans98: Dec 15 2009, 04:11 PM |
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Dec 15 2009, 10:01 PM
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All Stars
10,123 posts Joined: Aug 2007
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--From AP wire--
Stock futures are extending their decline after the government says wholesale inflation rose more than expected in November, led by surge in energy costs. The increase will likely be of topic among Federal Reserve policymakers who begin a two-day meeting on interest rates Tuesday. The Fed is expected to keep rates unchanged. Stocks have fallen overseas as the dollar rose against the euro amid continuing worries about Greece's debts and the financial health of Austria's banks. Dow Jones industrial average futures are down 52, or 0.5 percent, at 10,446. Standard & Poor's 500 index futures are down 6.10, or 0.6 percent, at 1,102.50, while Nasdaq 100 index futures are down 9.75, or 0.5 percent, at 1,798.00 -- Yeah.. already expected some pullback here since we're the top anyway. Let's go south. For those who watch Mad Money, J.Cramer pumps C on his show yesterday. http://www.cnbc.com/id/34419773/site/14081545 This post has been edited by danmooncake: Dec 15 2009, 10:18 PM |
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Dec 15 2009, 10:25 PM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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having fun! its the holiday season & read wat old man minum at kopi shop says... haha, its been some time did not 'ah kiew' in forum 1. Obama Administration Can't Decide Whether The Recession Is Over, But It Wants Banks To Lever Up Joe Weisenthal|Dec. 13, 2009, 2:39 PM Politico recognizes inconsistency emanating out of the Obama administration based on comments from today's Sunday morning yak-fests. Two of President Obama’s top economic advisers disagreed Sunday about whether the recession had ended. Lawrence Summers, director of the National Economic Council, flatly said that it had. "Today, everybody agrees that the recession is over, and the question is what the pace of the expansion is going to be," Summers said on ABC's "This Week." But Christina Romer, who heads the White House Council of Economic Advisers, offered a more cautious view on NBC’s “Meet the Press.” What's going on here? Basically, the administration would love to take credit for a recovery, while also acknowledging the continued pain in the economy and allowing itself the ability to fire off a second stimulus if need be. It's a tigh trope to walk, though it's probably one they'll be trying to walk until the 2010 elections (though from then out, they want to be fully into taking-credit mode. If they're still talking about a recession in 2011, Obama may be a one-termer. The other message today was that Obama wants banks to lever up -- er, lend more -- again. The White House will have the nation's bankers as its guest on Monday CBS News: When I asked top White House economic advisor Larry Summers if the President needs to encourage banks to do more lending, he told me that bankers “need to recognize that they've got obligations to the country after all that's been done for them, and there is a lot more they can do.” Tomorrow, the President will meet with heads of the country’s biggest banks and Summers told me the White House has a blunt message: “President Obama is going to be talking with them about what they can do to support enhanced lending to customers across the country. "We were there for them. And the banks need to do everything they can to be sure they're there for customers across this country.” 2. Wall Street Blows Off Obama Meeting, Showing Mr. President Who's Boss Andrew Ross Sorkin|Dec. 15, 2009, 7:16 AM President Obama didn’t exactly look thrilled as he stared at the Polycom speakerphone in front of him. “Well, I appreciate you guys calling in,” he began the meeting at the White House with Wall Street’s top brass on Monday. He was, of course, referring to the three conspicuously absent attendees who were being piped in by telephone: Lloyd C. Blankfein, the chief executive of Goldman Sachs; John J. Mack, chairman of Morgan Stanley; and Richard D. Parsons, chairman of Citigroup. Their excuse? “Inclement weather,” according to the White House... That awkward moment on speakerphone in the White House, for better or worse, spoke volumes about how the balance of power between Wall Street and Washington has shifted again, back in Wall Street’s favor. » Click to show Spoiler - click again to hide... «
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Dec 15 2009, 10:40 PM
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Senior Member
1,345 posts Joined: Sep 2009
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Dow is up.
But MGM and C is down. |
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Dec 15 2009, 10:42 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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SOLD Long position of LVS @ 16.45, highest peak pre-market. Some1 bought a few thousand Units and Short the position. I missed it.
Waiting for C to drop to 3.60 to pump in a little. |
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Dec 15 2009, 10:54 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(epalbee3 @ Dec 15 2009, 10:40 PM) Dow is up. Dow is UP?? But MGM and C is down.  |
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Dec 15 2009, 11:00 PM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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suspek epalbee reading index future for wednesday, when fed remain int rate as it is
friday is opex day, for now up 50 point, down 50 point & dance around resistance level  |
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Dec 15 2009, 11:06 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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epalbee is using TIME machine.. No wonder.
C is down again, everyday dropped 4-7cts. LVS is hard to catch at 15.80. Wanna reload some more before it bounced back to 16. MGM on the other hand is eroding. Never mind, my buy price is 9.95. In fact, it rebounded from 9.60 few days back. |
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Dec 15 2009, 11:11 PM
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Senior Member
2,352 posts Joined: Jan 2003 From: Pixelgasm
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Christmas liao ma. Cashing out time, wait for price to drop gau gau then pick up more lo.
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Dec 15 2009, 11:26 PM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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QUOTE(zamans98 @ Dec 15 2009, 11:06 PM) epalbee is using TIME machine.. No wonder. u guys really hav patience scalping lvs & mgm, along with titanic c C is down again, everyday dropped 4-7cts. LVS is hard to catch at 15.80. Wanna reload some more before it bounced back to 16. MGM on the other hand is eroding. Never mind, my buy price is 9.95. In fact, it rebounded from 9.60 few days back. short etfs really tying up my funds buy the dip  swing trade time 
» Click to show Spoiler - click again to hide... «
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Dec 15 2009, 11:38 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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» Click to show Spoiler - click again to hide... « Sul, I'm really amaze. How come u know a lot of counters and keep track of 'em? My list are simple : C, UYG, URE, LVS, MGM. TNA and ERX as gauge. This post has been edited by zamans98: Dec 15 2009, 11:40 PM |
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Dec 16 2009, 12:14 AM
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All Stars
10,123 posts Joined: Aug 2007
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I almost got LVS last Friday.. queue to 14.80.. just a notch too low. Didn't pay too much attention on it.
I was busy watching ERX, TNA and TCK. Many people have asked me via PM. Frankly, I'm not too worry about C now. Eventho I know their balance sheet sucks at the moment. I'm long on C. Currently holding only 750 shares avg 4.10. I'll have to see how it plays out after they've issued the new shares. I plan to average down if they drop to low $3. Meanwhile, for those playing long, don't spend too much of your portfolio percentage on Financials. Financials led us back to recovery but I believe it may lead the way down if we have a second dip next year. For other LONGs, I'm into Technology (CSCO,AAPL), Copper/Gold Metals Mining (TCK/FCX), Food/Restaurant (MCD), Emerging Markets (EWT/EWZ/FXI), Shipping (DSX) and Industrials (GE) and broad based ETFs like VTI and VEU. I'm beginning to look at Airlines, perhaps even Automobiles Manufacturers, which are the worst of breeds (meaning badly hammered) during downturn. For short-term trades: I'm playing ERX/TNA for 3x bulls, ERY/TZA for 3x bears. I'm not holding any bears or shorts for now. I may jump back soon, watching VIX for signs. Another short term swing plays are US Dollar versus Yen: UUP,YCS,YCL Most likely, I will play some gambling stocks like LVS/MGM for swing trades. Good luck to all. This post has been edited by danmooncake: Dec 16 2009, 12:23 AM |
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Dec 16 2009, 01:07 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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QUOTE(zamans98 @ Dec 15 2009, 11:38 PM) Sul, I'm really amaze. How come u know a lot of counters and keep track of 'em? My list are simple : C, UYG, URE, LVS, MGM. TNA and ERX as gauge. so hav to 'pay' a bit for the counters info  & keep track of them fortnightly which i have given lots of clue in last thread  i stick to the top 50 sector & for swing trade, ensure price above $10 with ok type of FA for roket type, see they beat earnings, momo float is low & p/e is getting high sample of the 'pay' a bit info : ctrp = 45.2% abv = 39.9% pwrd = 56% lft = 54.2% wcrx = 44% Strong profit margin is a hallmark of any great stock. A profit margin of 50% means the company is generating 50 cents of profit for each $1 of sales. Stocks with the high annual profit margin, sorted by profit margin, secondary sort by latest quarter EPS % change; price >= $15, average daily volume >= 400,000 shares, within 30% of a 52-week high do u plan to expand ur candidate of stocks in the future? if u gonna do something about it, u can learn to create ur own watchlist, trust ur own instinct & refine it over time the journey of a thousand miles begin with a single step next kopitiam question is : where / how to start THIS REALLY WISH U GOOD LUCK  |
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Dec 16 2009, 07:07 AM
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All Stars
10,123 posts Joined: Aug 2007
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Closing update:
Dow 10452.000 -49.05 -0.47% Nasdaq 2212.10 -11.05 -0.50% S&P 500 1107.93 -6.18 -0.55% The market is looking for a bounce off the top and we got it. The excuse this time is "Spike in wholesale inflation" - this also sent the policymakers to mull on interest rates. As usual, we got a spike in Dollar index on this "Fear of hikes". Bought back some ERX for trades. I see Oil bouncing back from the 6-7 sessions of being oversold. C saw its low today at 3.51 and we bounced off. I guess we got some level of support here. If you're hurting at C, perhaps just go play at some other stocks for now. But, here's a piece on C that some of you may find it interesting: http://www.reuters.com/article/idCNN1519003720091215?rpc=44 This post has been edited by danmooncake: Dec 16 2009, 07:08 AM |
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Dec 16 2009, 07:18 AM
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Senior Member
1,345 posts Joined: Sep 2009
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QUOTE(zamans98 @ Dec 15 2009, 10:42 PM) SOLD Long position of LVS @ 16.45, highest peak pre-market. Some1 bought a few thousand Units and Short the position. I missed it. zaman, it's time for you to buy C now.Waiting for C to drop to 3.60 to pump in a little. Added on December 16, 2009, 7:20 am QUOTE(danmooncake @ Dec 15 2009, 10:54 PM) Dow is UP?? last night saw dow at ++30 points.may be they never updated yet? my target price for MGM changed to 11.10. Added on December 16, 2009, 7:32 am QUOTE(zamans98 @ Dec 15 2009, 11:06 PM) epalbee is using TIME machine.. No wonder. If I have TIME machine.. then rich already.. C is down again, everyday dropped 4-7cts. LVS is hard to catch at 15.80. Wanna reload some more before it bounced back to 16. MGM on the other hand is eroding. Never mind, my buy price is 9.95. In fact, it rebounded from 9.60 few days back. As you see, the TARP is going to sell all the C shares at 3.70, that's y the price can be lowered down. My buy price for MGM is 10.80, still waiting for it to boost. This post has been edited by epalbee3: Dec 16 2009, 07:32 AM |
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Dec 16 2009, 08:14 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(epalbee3 @ Dec 16 2009, 07:18 AM) zaman, it's time for you to buy C now. MGM, sold @ 10.50 all. Should be selling at 10.80 but forgot to placed my trailing STOP. Duh! Too excited, perhaps?Added on December 16, 2009, 7:20 am last night saw dow at ++30 points. may be they never updated yet? my target price for MGM changed to 11.10. Added on December 16, 2009, 7:32 am If I have TIME machine.. then rich already.. As you see, the TARP is going to sell all the C shares at 3.70, that's y the price can be lowered down. My buy price for MGM is 10.80, still waiting for it to boost. Short MGM @ 10.75 but didn't materialised. Short LVS @ 16.35 - the same story. So, LONG LVS @ 15.90 x 500 C? What d fcuk? Hit 3.51? Nevermind, today will wait, re-enter 1,000 @ 3.45-3.50. |
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Dec 16 2009, 09:51 AM
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Senior Member
534 posts Joined: Dec 2006
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Didn't check on my shares for the past few days and now C is at USD3.57.
If it does drop to USD3 I might pick up some to average down. |
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Dec 16 2009, 10:41 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(mH3nG @ Dec 16 2009, 09:51 AM) Didn't check on my shares for the past few days and now C is at USD3.57. yup, me too. Will re-enter C. Sold off MAXIS kurap share to buy C If it does drop to USD3 I might pick up some to average down. You only can keep ur stocks if market is bullish, economic is sounds and stable. In this current market, a DAY trader method works best (if u got time, and money) I'm just short of few K USD to enable my DAY Trade a/c. |
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Dec 16 2009, 10:57 AM
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All Stars
10,123 posts Joined: Aug 2007
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The longer term chart and trend for both Dow and S&P still bullish.
Some of the longer term play with broad coverage of various sector are still good to invest and buy at this level eg. materials, industrials, shipping and energy. This post has been edited by danmooncake: Dec 16 2009, 10:57 AM |
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Dec 16 2009, 04:54 PM
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Senior Member
2,352 posts Joined: Jan 2003 From: Pixelgasm
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C definitely looks super delicious but i think can't breach 3.50 so easy.
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Dec 16 2009, 09:49 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(redken @ Dec 16 2009, 04:54 PM) C definitely looks super delicious but i think can't breach 3.50 so easy. What do you mean? Break down BELOW 3.50? It already did! Energy looks good now. Riding on ERX since yesterday. We'll see how far it can go. Also, watching INTC and AMD today.. INTC got slapped by FTC for "unfair" practice. This post has been edited by danmooncake: Dec 16 2009, 10:05 PM |
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Dec 16 2009, 10:04 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(danmooncake @ Dec 16 2009, 09:49 PM) What do you mean? Break down BELOW 3.50? oh no, my SHORT Q not materialized. Again. Why??? It already did! I'm holding off trading any financials for now. Energy looks good now. Riding on ERX since yesterday. We'll see how far it can go. Watching INTC and AMD today.. INTC got slapped by FTC for "unfair" practice. yes, C is now 3.45 and heading to 3.40. My gosh. When will the bloodbath stop? |
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Dec 16 2009, 10:06 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(zamans98 @ Dec 16 2009, 10:04 PM) oh no, my SHORT Q not materialized. Again. Why??? C is expected to price their secondary offering between $3.30 - $3.50.yes, C is now 3.45 and heading to 3.40. My gosh. When will the bloodbath stop? I'm holding off trading any financials for now but I am watching it. But, ready to buy the dip. |
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Dec 16 2009, 10:25 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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Looking at INTC, LONG
Worth to check ING out, been uptrend lately from long winding downtrend. Added on December 16, 2009, 10:36 pmscooped INTC @ 19.46 LONG x250, TP 19.75 This post has been edited by zamans98: Dec 16 2009, 10:36 PM |
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Dec 16 2009, 10:39 PM
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Senior Member
1,345 posts Joined: Sep 2009
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MGM is raising a bit.
But C is dropping. |
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Dec 16 2009, 10:43 PM
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Junior Member
81 posts Joined: Jun 2009
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QUOTE(zamans98 @ Dec 16 2009, 10:25 PM) Looking at INTC, LONG was just checking ing too before your post..Worth to check ING out, been uptrend lately from long winding downtrend. Added on December 16, 2009, 10:36 pmscooped INTC @ 19.46 LONG x250, TP 19.75 too bad, too late to enter? |
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Dec 16 2009, 11:10 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(syong @ Dec 16 2009, 10:43 PM) was just checking ing too before your post.. Looking at current BUY trend, worth a shot. But be cautious, same with RBS.too bad, too late to enter? LONG INTC, hit 19.70, nearing my TP but all the way down in less than 5 minutes back to 19.40. Its a good LONG. Reload another batch of LVS. MGM looking tired at current price. |
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Dec 17 2009, 12:18 AM
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Senior Member
1,345 posts Joined: Sep 2009
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yupe.. MGM is tired. but I still will wait for 11.10.
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Dec 17 2009, 12:34 AM
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Senior Member
768 posts Joined: Jan 2005
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Woah, looks like my C bought at 3.84 really become titanic already. Only good news is other sectors doing well. HDD manufacturers gained 3% today.
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Dec 17 2009, 01:58 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(miuk @ Dec 17 2009, 12:34 AM) Woah, looks like my C bought at 3.84 really become titanic already. Only good news is other sectors doing well. HDD manufacturers gained 3% today. Not yet.. C is not Titanic yet unless it drops below $3.IMO, between $3.35 and $3.50 is a gift. I'm ready to pull the trigger. I'm still watching Oil and USD tonight. The bulls for Dow and S&P are getting tired but Oil rally keeping it up. Dow needs to reach 10500 again and attempt one more time to break thru. Update: 4:30am Fed keeps interest rate low.. as usual, we'll have sell the news going on. Dow in -18 now. Let's buy this dip! Managed to grab more ERX @ 38.75 Closing update Dow 10441.12 -10.88 -0.10% Nasdaq 2206.91 +5.86 +0.27% S&P 500 1107.93 +1.25 +0.11% We got a bit of sell off during the closing after Fed news. But, overall, stocks did move higher! Oil has confirmation on bullish trend now (close above $72.50). This post has been edited by danmooncake: Dec 17 2009, 06:22 AM |
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Dec 17 2009, 06:22 AM
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Senior Member
4,305 posts Joined: Sep 2008
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QUOTE(miuk @ Dec 17 2009, 12:34 AM) Woah, looks like my C bought at 3.84 really become titanic already. Only good news is other sectors doing well. HDD manufacturers gained 3% today. After all, that's still a 'too big to fail' bank... |
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Dec 17 2009, 08:49 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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Oh fcuk, C is "historic" low again for since DOG JONES at 7,000 pts.
and Uncle Ben is TIME's man of the year. Oh my! CITIGROUP INC (NYSE: C) After Hours: 3.19 Down -0.26 (-7.54%) 7:34pm ET |
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Dec 17 2009, 08:58 AM
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All Stars
17,018 posts Joined: Jan 2005
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QUOTE(htt @ Dec 17 2009, 06:22 AM) After all, that's still a 'too big to fail' bank... Would the gov let it fall after inject so much money for the first bail out? |
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Dec 17 2009, 08:59 AM
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Senior Member
4,305 posts Joined: Sep 2008
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QUOTE(ozak @ Dec 17 2009, 08:58 AM) Would the gov let it fall after inject so much money for the first bail out? Shouldn't fail this round, but share price might fail... |
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Dec 17 2009, 09:01 AM
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All Stars
17,018 posts Joined: Jan 2005
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QUOTE(zamans98 @ Dec 17 2009, 08:49 AM) Oh fcuk, C is "historic" low again for since DOG JONES at 7,000 pts. Time to go in for C? and Uncle Ben is TIME's man of the year. Oh my! CITIGROUP INC (NYSE: C) After Hours: 3.19 Down -0.26 (-7.54%) 7:34pm ET Look very low. Added on December 17, 2009, 9:05 am QUOTE(htt @ Dec 17 2009, 08:59 AM) Shouldn't fail this round, but share price might fail... Hmm.. than now is not low enough. Should wait it fall further. This post has been edited by ozak: Dec 17 2009, 09:05 AM |
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Dec 17 2009, 09:31 AM
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Senior Member
1,345 posts Joined: Sep 2009
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look at this:
http://www.firstrade.com/public/en_us/news...&imageField.y=0 Citi today announced the pricing of 5.4 billion common shares and 35 million tangible equity units as part of its agreement with the U.S. government and its regulators to repay U.S. taxpayers for the $20 billion the government holds in TARP trust preferred securities and to terminate the loss-sharing agreement with the government. The common stock priced at $3.15 per share, generating net proceeds of approximately $17 billion. |
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Dec 17 2009, 09:38 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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Yup, saw on CNBC this morning.
Offer is $3.15/share, with 7.5% Div Yield? Hence, the Government is not selling yet, they got 90 days frozen period. |
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Dec 17 2009, 09:40 AM
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Senior Member
1,345 posts Joined: Sep 2009
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As you can see, Citi is increasing the stock volumn and pushing the 7.7 billion stock it holds to the market. US Treasury wants to get away from Citi. Ben does not announce interest increase now, for the price of C also.
Added on December 17, 2009, 9:44 amIt all depends on Citibank management capability already, if they can turn to profit, then the stock price will go up; if not the price will dip. This post has been edited by epalbee3: Dec 17 2009, 09:44 AM |
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Dec 17 2009, 09:45 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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Not so fast, read back few pages. Some blog already spit out that the interest rate won't be moving up. So, Uncle Ben is the most powerful man in US right now. (and he's Jewish)
Saw on CNBC, that few CEO of many Investment firms looking at DOW 13K next year. |
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Dec 17 2009, 10:55 AM
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Senior Member
2,148 posts Joined: Nov 2007
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My target to enter C again is below 3.00.
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Dec 17 2009, 11:02 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(smartly @ Dec 17 2009, 10:55 AM) My target to enter C again is below 3.00. I will re-enter @ any price below 3.15. not much but buying about 1,000 |
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Dec 17 2009, 11:05 AM
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All Stars
10,123 posts Joined: Aug 2007
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There are tremendous number of shorts for C due to this secondary offering or people are dumping
it ahead of the offering because they're angry. Now that the brokerage house have grab them all, the govt is not selling their shares, I wonder if this would trigger a sudden short squeeze the next few days? If it does, it would be funny to watch, suddenly shorts have to cover, trigger massive buy, C would rise back to $5. This post has been edited by danmooncake: Dec 17 2009, 11:05 AM |
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Dec 17 2009, 11:26 AM
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Senior Member
534 posts Joined: Dec 2006
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QUOTE(danmooncake @ Dec 17 2009, 11:05 AM) There are tremendous number of shorts for C due to this secondary offering or people are dumping Buy on dips and then wait for the short squeeze to happen. it ahead of the offering because they're angry. Now that the brokerage house have grab them all, the govt is not selling their shares, I wonder if this would trigger a sudden short squeeze the next few days? If it does, it would be funny to watch, suddenly shorts have to cover, trigger massive buy, C would rise back to $5. |
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Dec 17 2009, 12:01 PM
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Senior Member
1,345 posts Joined: Sep 2009
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QUOTE(mH3nG @ Dec 17 2009, 11:26 AM) Buy on dips and then wait for the short squeeze to happen. only after it drops to < 3.15. secondary offers make the stock volumn increases but with same booking value. It is possible to raise back to 5, if insider new show that C has recovered and started to earn. Added on December 17, 2009, 12:04 pmAs long as government is not selling their stocks, the real value cannot be disclosed. who wants to push the stock price high for government to reap? It might swing between 3.15 - 3.75. the price US government wants to sell.. This post has been edited by epalbee3: Dec 17 2009, 12:04 PM |
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Dec 17 2009, 01:25 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(danmooncake @ Dec 17 2009, 11:05 AM) would be funny to watch, suddenly shorts have to cover, trigger massive buy, C would rise back to $5. QUOTE(epalbee3 @ Dec 17 2009, 12:01 PM) only after it drops to < 3.15. Just read many Investment house analyst and CEO, plus there are on-going debate in CNBC a moment ago.It might swing between 3.15 - 3.75. the price US government wants to sell.. C is part of S&P 500 - now by Friday (this friday?) or next week before christmas, they need to re-adjust/balance the S&P 500. 2 billions shares need to change hand. Thus the short term we will see C rise but how high, nobody knows. I'm ready to enter today, for short term, to reduce my losses before C downhill again, when GOVT start selling. |
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Dec 17 2009, 07:46 PM
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Senior Member
2,549 posts Joined: Dec 2004 From: Sungai Petani, Kedah
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QUOTE(zamans98 @ Dec 17 2009, 01:25 PM) Just read many Investment house analyst and CEO, plus there are on-going debate in CNBC a moment ago. But why after market price drop?C is part of S&P 500 - now by Friday (this friday?) or next week before christmas, they need to re-adjust/balance the S&P 500. 2 billions shares need to change hand. Thus the short term we will see C rise but how high, nobody knows. I'm ready to enter today, for short term, to reduce my losses before C downhill again, when GOVT start selling. |
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Dec 17 2009, 08:26 PM
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Senior Member
1,345 posts Joined: Sep 2009
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Pre-market price:
C: 3.18 MGM: 10.29 Market is heading south today. MGM afraid of interest increase.. |
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Dec 17 2009, 09:44 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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Bought pre-market C @ 3.15, then it spiral downwards to 3.09.
As usual, today's market will be bad. Unemployment Claims getting worst, but that is common towards year end. More action around 11pm when Philly Fed Manufacturing Index will be announced. |
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Dec 17 2009, 10:17 PM
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All Stars
10,123 posts Joined: Aug 2007
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Dollar now on v_iagra!
C - getting slapped left and right. I'll be buying some more C since it has down more than 20%, $3 is very attractive. Bernanke is getting his final grade today whether he pass or fail by US Congress. If US Congress fails him, we'll see minus 3 digits on the Dow. If he confirms, I'm sure we'll get a bounce up. This post has been edited by danmooncake: Dec 17 2009, 10:30 PM |
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Dec 17 2009, 10:31 PM
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Senior Member
1,345 posts Joined: Sep 2009
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MGM is slipping..
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Dec 17 2009, 10:58 PM
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Senior Member
2,155 posts Joined: May 2005 
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wow everything is slipping....time to go shopping again
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Dec 17 2009, 11:06 PM
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Senior Member
2,549 posts Joined: Dec 2004 From: Sungai Petani, Kedah
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QUOTE(mIssfROGY @ Dec 17 2009, 10:58 PM) wow everything is slipping....time to go shopping again U must have a lof of bullet. Year end sales. |
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Dec 17 2009, 11:07 PM
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All Stars
10,123 posts Joined: Aug 2007
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I'm watching the votes for Bernanke now. It seems that the No votes got higher, that's why.
Like I said, if Bernanke gets voted down, this market will not like it. |
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Dec 17 2009, 11:10 PM
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Senior Member
2,155 posts Joined: May 2005
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QUOTE(mynewuser @ Dec 17 2009, 11:06 PM) U must have a lof of bullet. Year end sales. HAHA i wish....just that i got lucky..sold half be4 this... |
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Dec 17 2009, 11:11 PM
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Senior Member
4,305 posts Joined: Sep 2008
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Sailang all my USD position... can go sleep liao...
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Dec 17 2009, 11:18 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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I have faith that Uncle Ben will stay and market will turn bullish to 11,000
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Dec 17 2009, 11:23 PM
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Senior Member
534 posts Joined: Dec 2006
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QUOTE(danmooncake @ Dec 17 2009, 11:07 PM) I'm watching the votes for Bernanke now. It seems that the No votes got higher, that's why. When will we know for sure if he'll continue on or get booted out of office?Like I said, if Bernanke gets voted down, this market will not like it. |
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Dec 17 2009, 11:24 PM
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Senior Member
1,345 posts Joined: Sep 2009
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they want to fire ben?
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Dec 17 2009, 11:27 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(epalbee3 @ Dec 17 2009, 11:24 PM) they want to fire ben? Democrats wants him inRepublicans wants him out I want him in.. he's good for the market. |
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Dec 17 2009, 11:32 PM
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Senior Member
1,345 posts Joined: Sep 2009
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QUOTE(danmooncake @ Dec 17 2009, 11:27 PM) Democrats wants him in they want him to own the balance sheet..Republicans wants him out I want him in.. he's good for the market. |
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Dec 17 2009, 11:34 PM
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Senior Member
534 posts Joined: Dec 2006
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Natural gas shot up as the storage dropped by 207 billion cubic feet.
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Dec 17 2009, 11:36 PM
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All Stars
10,123 posts Joined: Aug 2007
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So far, he got 4 YES, 3 NO.
more coming.. One senator pending says he vote will NO against him. On Live tv - I can see people are calling in their Senators office either vouch for him or against him. American system - very open. |
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Dec 17 2009, 11:49 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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Go Uncle Ben..
LONG INTC, LONG LVS, LONG MGM.. |
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Dec 17 2009, 11:53 PM
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Senior Member
534 posts Joined: Dec 2006
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C is trying to break the USD3.20 barrier. Go C!
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Dec 17 2009, 11:57 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(mH3nG @ Dec 17 2009, 11:53 PM) C is trying to break the USD3.20 barrier. Go C! If C can close above 3.20 today, that's a good sign. C so far has 2.1 billion in volume today.. BAC is dropping.. JPM dropping.. all financials dropping today. FAS is looking attractive again. Update for Bernanke Vote: 8 YES 10 NO 2 UNDECIDED This post has been edited by danmooncake: Dec 18 2009, 12:05 AM |
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Dec 18 2009, 12:02 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(danmooncake @ Dec 17 2009, 11:57 PM) If C can close above 3.20 today, that's a good sign. 3.23-3.24. Sold mine for peanut. Buying again once dropped. |
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Dec 18 2009, 12:12 AM
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Senior Member
1,345 posts Joined: Sep 2009
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like that, bernanke is in dangerous.
which site you watch? Added on December 18, 2009, 12:22 ambernanke won. This post has been edited by epalbee3: Dec 18 2009, 12:22 AM |
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Dec 18 2009, 12:22 AM
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Senior Member
534 posts Joined: Dec 2006
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Ben gets to keep his job.
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Dec 18 2009, 12:23 AM
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All Stars
10,123 posts Joined: Aug 2007
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Watched it on CSPAN live.
Final vote for Bernanke: 16 YES 7 NO He's confirmed by the Senate. |
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Dec 18 2009, 12:24 AM
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Senior Member
1,345 posts Joined: Sep 2009
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Senate Banking Committee confirms Bernanke for 2nd term as Fed chief by vote of 16-7. Confirmation moves to full Senate.
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Dec 18 2009, 12:36 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(epalbee3 @ Dec 18 2009, 12:24 AM) Senate Banking Committee confirms Bernanke for 2nd term as Fed chief by vote of 16-7. Confirmation moves to full Senate. alrighty then, the TIME's man of the year will be KING of money. DOW 11K, here we come.  |
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Dec 18 2009, 01:02 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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still hanging on to my positions darn, titanic c did not hit my target buy price of $3.04 gld short squeeze so funi, who ever cover, would have been cursing...haha opex day time to shakeout the weak holders & scare them along with so called bad newsoh well, next week wil have some clearer sleepy holiday direction actually opex day is tomolo kinda lost track of the days during tis holiday season...hole hole holesuspek titanic c is due for short squeeze nex week or the next or the next, after this heavy volume gap down who knows, its gambling mah... as usual, kopitiam story below is design to provoke fun, so can ah kiew  » Click to show Spoiler - click again to hide... «
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Dec 18 2009, 06:06 AM
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All Stars
10,123 posts Joined: Aug 2007
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Closing
Dow 10308.26 -132.86 -1.27% Nasdaq 2108.05 -26.86 -1.22% S&P 500 1096.07 -13.11 -1.18% Well, the shorts didn't get squeezed today but rather the bulls got scared off. C closed at exactly 3.2, I think it this is a good sign. Bought some more C 3.15, ERX 37.80, XPP 69 and TCK 36.10 on pullback today. This post has been edited by danmooncake: Dec 18 2009, 06:12 AM |
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Dec 18 2009, 09:42 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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slow market today, pre-market volume is not so great. C volume is only 22 million. yesterday it was close to 1/4 billion at this time
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Dec 18 2009, 09:46 PM
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Senior Member
1,345 posts Joined: Sep 2009
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minor rally expected..
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Dec 18 2009, 10:11 PM
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All Stars
10,123 posts Joined: Aug 2007
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Guess what's going to happen on Quad Witching Day?
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Dec 18 2009, 10:24 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(danmooncake @ Dec 18 2009, 10:11 PM) Guess what's going to happen on Quad Witching Day? as long as it dun b**** d market, i'm hepi. C trying to scale higher, looking at 3.30. Perhaps it will get a boost today, before looking back at 3.15. with more than 100billion market cap, it will move slow, unless reverse split is executed right away. |
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Dec 18 2009, 10:30 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(zamans98 @ Dec 18 2009, 10:24 PM) as long as it dun b**** d market, i'm hepi. C trying to scale higher, looking at 3.30. Perhaps it will get a boost today, before looking back at 3.15. with more than 100billion market cap, it will move slow, unless reverse split is executed right away. Perhaps so.. scalping C maybe the way to go now since we got huge dilution. Anyway, I'm watching Oil surging again. Hopefully, it is pay day for my ERX! |
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Dec 18 2009, 11:46 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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oh no, my MGM and LVS ... sprialling down. WTF. Can be sold for profit on early trade, now down a lot.
Good entry for those wanna enter MGM now and LVS. |
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Dec 19 2009, 12:25 AM
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All Stars
10,123 posts Joined: Aug 2007
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Well, as expected with Option Expiration day, buyers buy in am, sellers sell losers to drive down stocks afterwards.
We should expect heavy volume today.. bulls and bears may fight it out. I hope it is going to be a volatile day. Managed to sell my 500 ERX @ 39.20 during the pop. Small profit for now. I'll let the rest of the long to ride out till next week and see how it goes. Update: 12:50am Re-purchase 250 ERX 38.00 (1/4 position). Update: 1:00am Moving above 50 MA. Bought another 250 ERX 38:15 Avg 500 ERX: 38.07 (1/2 position) Update: 2:22am Sold 500 ERX: 38.55 (all gone) ka-ching! Update: 4:26am 30 mins to go, volume dying down. ERX down to 38.08, I may scoop back some here or close to end of day. Closing update Dow 10328.89 +20.63 +0.20% Nasdaq 2211.69 +31.64 +1.45% S&P 500 1102.39 +6.76 +0.58% Another month pass, another OPeX day ended without much fanfare but good enough for me. The volume was good - we got lots of buyers in the morning and sellers by later day. Most US sellers want the bad stocks out of their portfolio and sell it for the tax write off. At close, the bulls managed to push forward and gained back some points. Tech stocks did very well. At the last dip for ERX, I took another opportunity to scoop up another batch of ERX @ 37.90. I'm keeping it till next week and see what happens. Oil looks bottom now. Hopefully, we rise to 75 next week. For this week, I'm happy with my swing trades (~1.1K profits) - except for C, it is a bit of an eye sore now. I didn't pay too much attention at C during trading session. Just bought some 3.15 yesterday and let it be. At closed, C has a nice bounce back from the yesterday demise. A 4.7% rise is very good for C. For next two weeks, maybe we're going to be moderate volume only because of Christmas and New Year. Have a good weekend! This post has been edited by danmooncake: Dec 19 2009, 10:52 AM |
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Dec 19 2009, 12:09 PM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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"A ship in harbor is safe, but that's not why the ship is built" requoted by Sarah Palin expand your horizons & embrace globalization  http://www.gabtown.com/forumind.pl?cr=15 http://www.elitetrader.com/ http://www.trade2win.com/boards/ HAVE A GREAT HOLIDAY, MERRY X'MAS & A HAPPY NEW YEAR & louyah analyst report for your pleasure reading  » Click to show Spoiler - click again to hide... «
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Dec 21 2009, 10:02 PM
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All Stars
10,123 posts Joined: Aug 2007
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Ho Ho ho...
 Stocks going higher today. Dollar index down. Commodities up, Oil up. This post has been edited by danmooncake: Dec 21 2009, 10:02 PM |
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Dec 21 2009, 10:20 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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Chattem Inc. (NASDAQ: CHTT) has jumped 32% to $92.96 after Sanofi-Aventis SA (ADR) (NYSE: SNY) announced that it has agreed to acquire Chattem Inc. (CHTT) for $1.9 billion in cash, or $93.50 a share
C is down after finished being squeeze. |
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Dec 21 2009, 10:43 PM
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Senior Member
1,345 posts Joined: Sep 2009
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Seems like a weak rally..
MGM will take months to climb back to 11, I think.. |
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Dec 21 2009, 10:55 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(epalbee3 @ Dec 21 2009, 10:43 PM) Seems like a weak rally.. Placed order LONG 9.64, 9.60 and 9.55. 2 hit, another one pending. Total 900. Average at 9.62. TP 9.99MGM will take months to climb back to 11, I think.. Added on December 21, 2009, 11:10 pmINTC really caught me. Trade her 3x, all end up with small profit, <20USD. Last one was LONG at 19.45, then "BAD" news hit, lawsuit, and the share hit low 19.07. Sold once it up 19.48 before down again the next day. Today, 3rd day of INTC rally, break 20.20. Will short her again this time. This post has been edited by zamans98: Dec 21 2009, 11:10 PM |
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Dec 21 2009, 11:14 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(epalbee3 @ Dec 21 2009, 10:43 PM) Seems like a weak rally.. Weak rally huh? MGM will take months to climb back to 11, I think.. Look again at the major indexes. But, not sure about MGM. I think its technicals are broken. This post has been edited by danmooncake: Dec 21 2009, 11:15 PM |
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Dec 21 2009, 11:50 PM
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Senior Member
534 posts Joined: Dec 2006
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ETFC is getting rather volatile lately. They should sort out the issue of who will be the next CEO soon so that the price can appreciate further.
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Dec 22 2009, 12:15 AM
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All Stars
10,123 posts Joined: Aug 2007
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Sold 500 ERX @ 40. Another $1K for this one.
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Dec 22 2009, 01:10 AM
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Senior Member
4,458 posts Joined: Nov 2008 From: Kuala Lumpur
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QUOTE(danmooncake @ Dec 21 2009, 10:02 PM) Ho Ho ho... May i know why dollar index doesn't go consistently up or down? What issues that affect its movement actually? Stocks going higher today. Dollar index down. Commodities up, Oil up. |
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Dec 22 2009, 01:17 AM
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Junior Member
118 posts Joined: Sep 2009
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Bernanke is really damn good at it. |
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Dec 22 2009, 01:20 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(danmooncake @ Dec 22 2009, 12:15 AM) Sold 500 ERX @ 40. Another $1K for this one. congrats. You are on winning streak with ERX. Not my level yet. I wanna be day trader from now on. Sigh. Sial C, dragged my portfolio down. Luckily LVS helped a lot to recover. So far, still about -3.8K due to C ( I got 3,000 @ 4.63) |
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Dec 22 2009, 01:33 AM
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Junior Member
118 posts Joined: Sep 2009
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Danmooncake is indeed a great day trader. |
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Dec 22 2009, 01:35 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(wildthings73 @ Dec 22 2009, 01:33 AM) Danmooncake is indeed a great day trader. he got 4 screen to monitor. I have 1 only experience count as well as cash. The only thing I need to improve is SET TARGET. As always, my target is always off few cents. Like INTC, URE, UYG..  |
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Dec 22 2009, 01:39 AM
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Junior Member
118 posts Joined: Sep 2009
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QUOTE(zamans98 @ Dec 22 2009, 01:35 AM) he got 4 screen to monitor. I have 1 only Opps....4 Screen to mon itor. Priceless experience as well. For me,I will be there. Wait for me. Would you ? experience count as well as cash. The only thing I need to improve is SET TARGET. As always, my target is always off few cents. Like INTC, URE, UYG.. |
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Dec 22 2009, 01:47 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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Look at the DOG AA.
Best performance today for 2009 in its sector. Alcoa (AA:NYSE) was upgraded from Equal-weight to Overweight, Morgan Stanley said. $22 price target. Estimates also raised, to reflect higher expected alumina and downstream profits. More on AA: http://news.moneycentral.msn.com/provider/...221&id=10916703 |
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Dec 22 2009, 03:02 AM
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All Stars
10,123 posts Joined: Aug 2007
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Aluminum is like last of the bad breed for metals. If they raise target for aluminum maker like Alcoa, you know what this means for others like steel or copper. Right?
Set your eyes on X, NUE, FCX and TCK. I just love my TCK! Closing update Dow 10414.14 +85.25 +0.83% Nasdaq 2237.66 +25.97 +1.17% S&P 500 1114.05 +11.58 +1.05% Yes.. good day to take some profits off the table. This post has been edited by danmooncake: Dec 22 2009, 05:49 AM |
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Dec 22 2009, 10:50 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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woot, TCK was pre-teen, break 10 early may and never looked back.
Wish C is just like that, back to USD30, not USD3 Pickup some MGM for next 2 weeks trade. Short term based LVS sold some to buy MGM. |
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Dec 23 2009, 12:34 AM
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Junior Member
5 posts Joined: Jul 2008
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Hi,
Been following this thread and must say lots of experts around...i'm quite new to US investing, previously used Etrade but switched to Ameritrade lately. Anyone with any experience with Ameritrade? 1) It's been 3 weeks and they have not 'approved' my account yet! I asked them and they are still 'processing', does it always take so long? 2) Anyone with any experience withdrawing from Ameritrade into a local bank like HSBC? Their customer service been giving me strange answers and it doesnt look very straightforward. Do I need to open a US account or can I have Ameritrade send direct to my HSBC? |
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Dec 23 2009, 01:02 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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oh no, MGM diving down
Reason : http://www.casinogamingstock.net/news/mgm-...xpectdly-901500 Fark, I hold 1,000 @ 9.65 |
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Dec 23 2009, 01:09 AM
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Junior Member
81 posts Joined: Jun 2009
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was wondering y mgm was drowing initially....
me too holding... ING? time to enter? |
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Dec 23 2009, 01:33 AM
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All Stars
17,018 posts Joined: Jan 2005
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Damn. Optionxpress can't use third party acc to TT money. Money stuck in optionexpress and have to send back here.
Can't buy C. Damn. |
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Dec 23 2009, 01:45 AM
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All Stars
10,123 posts Joined: Aug 2007
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The gambling stocks do not look too good this in an up day like this.
C has recovered some from the lows but now.. its under pressure from the people selling into the rally. C will have a bit of tough time trying go above 3.5 in the interim. Closing update Dow 10464.93 +50.79 +0.49% Nasdaq 2252.67 +15.01 +0.67% S&P 500 1118.02 +3.97 +0.36 I did no trade today other than to let my longs ride higher and not ready to go short yet. I think we got one more short leg up before Christmas break. This post has been edited by danmooncake: Dec 23 2009, 05:16 AM |
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Dec 23 2009, 07:41 AM
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Senior Member
1,139 posts Joined: Nov 2008
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QUOTE(ozak @ Dec 23 2009, 01:33 AM) Damn. Optionxpress can't use third party acc to TT money. Money stuck in optionexpress and have to send back here. I think all brokers do not allow to transfer money to third party. Correct me if I am wrong.Can't buy C. Damn. |
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Dec 23 2009, 09:16 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(gilagolf @ Dec 23 2009, 12:34 AM) Hi, 1) TD Ameritrade took 2 weeks to approve mine and I was able to fund it afterwards. It may take 3 weeks or longer during the holidays season (Christmas to New Year).Been following this thread and must say lots of experts around...i'm quite new to US investing, previously used Etrade but switched to Ameritrade lately. Anyone with any experience with Ameritrade? 1) It's been 3 weeks and they have not 'approved' my account yet! I asked them and they are still 'processing', does it always take so long? 2) Anyone with any experience withdrawing from Ameritrade into a local bank like HSBC? Their customer service been giving me strange answers and it doesnt look very straightforward. Do I need to open a US account or can I have Ameritrade send direct to my HSBC? 2) Ameritrade can't do ACH transfer with non-US bank. Just request a cheque or TT transfer. Best way is send in your documentation via Pos Laju and a bank draft for the amount you wanted to fund. Whole thing should take approx. 14 days. Good luck! |
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Dec 23 2009, 09:18 AM
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All Stars
17,018 posts Joined: Jan 2005
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QUOTE(GHz @ Dec 23 2009, 07:41 AM) I think all brokers do not allow to transfer money to third party. Correct me if I am wrong. Didn't no that. I thaught only apply to transfer money out. It due to US patroit rule. |
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Dec 23 2009, 09:26 AM
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Senior Member
1,345 posts Joined: Sep 2009
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QUOTE(zamans98 @ Dec 23 2009, 01:02 AM) oh no, MGM diving down Cut loss for MGM last night early session. This stock has continued to drop for almost one week plus.Reason : http://www.casinogamingstock.net/news/mgm-...xpectdly-901500 Fark, I hold 1,000 @ 9.65 Every open session it raised but ended up dip a lot. So reached my cut loss line already.. Insiders should already know the news. There must be something serious more than CEO resigns. May be this term financial report will be dropped. All stocks go up, but only MGM, LVS and C go down.. Wait till C to USD3 then will buy in.. |
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Dec 23 2009, 09:32 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(ozak @ Dec 23 2009, 09:18 AM) Didn't no that. I thaught only apply to transfer money out. It due to US patroit rule. No, that is to prevent fraud. Make sure your account is yours and not others. |
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Dec 23 2009, 11:23 AM
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Junior Member
189 posts Joined: Jan 2003
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A noob question here.
I'm just apply for the Itrade CIMB, may I know if i want to buy stocks 1000, should i type 1 or 1000? Don't know which stock to buy now. |
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Dec 23 2009, 03:07 PM
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Junior Member
5 posts Joined: Jul 2008
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QUOTE(danmooncake @ Dec 23 2009, 09:16 AM) 1) TD Ameritrade took 2 weeks to approve mine and I was able to fund it afterwards. It may take 3 weeks or longer during the holidays season (Christmas to New Year). Thanks DanMoonCake...yeah, I agree, probably send in a bank draft lah after the holidays...thanks a lot for the tip!2) Ameritrade can't do ACH transfer with non-US bank. Just request a cheque or TT transfer. Best way is send in your documentation via Pos Laju and a bank draft for the amount you wanted to fund. Whole thing should take approx. 14 days. Good luck! |
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Dec 23 2009, 03:09 PM
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All Stars
17,018 posts Joined: Jan 2005
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QUOTE(danmooncake @ Dec 23 2009, 09:32 AM) No, that is to prevent fraud. Make sure your account is yours and not others. ｹIn the future, please make sure that any wire deposits are issued from an account with the same registration as your optionsXpress account.We can no longer accept third-party wires as it has become increasingly difficult for us to verify the authenticity and intentions of any third party wire transfers that we receive. Legislation has been recently enacted that forces stricter government regulations. You may be aware such things as the USA Patriot Act passed in 2001 and the Anti-money laundering guidelines that require us to be diligent in monitoring and reporting deposits to and withdrawals from our customer accounts. Thank you for your cooperation,ｹ Michelle Hayes Cash Management This post has been edited by ozak: Dec 23 2009, 03:11 PM |
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Dec 23 2009, 03:19 PM
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Senior Member
1,741 posts Joined: Mar 2008
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Any Citibank holder here?
Yesterday was 3.35 dropped. Planned to enter at 0.90 last time but chicken out. Then it raised to 4.5-5.0 many people enter and now trapped xD Good time to enter? Got news that Singapore government is accumulating it now. |
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Dec 23 2009, 04:28 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(shoduken @ Dec 23 2009, 03:19 PM) Any Citibank holder here? wah, cannot say like that oh. That time every1 are chicken. I read yesterday that 1 small fund management co bought a lot of BAC ($4+) C (1+) , AIG (7+) during the early march 2009 and now making 3 digits millions out of it.Yesterday was 3.35 dropped. Planned to enter at 0.90 last time but chicken out. Then it raised to 4.5-5.0 many people enter and now trapped xD Good time to enter? Got news that Singapore government is accumulating it now. Anytime is a good time, as long your target is LONG LONG TERM. Who knows, like AIG, it will shoot to 20$, but not likely in 2010 either. If you want to make some $$, I suggest either AIG, LVS or even buy MGM. Spread it. or better still TNA, ERX. |
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Dec 23 2009, 04:54 PM
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Junior Member
251 posts Joined: Oct 2009
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Zaman, you did a fantastic job educating people to buy high sell low.
How long have you been doing this? This post has been edited by MakanTidurSaham: Dec 23 2009, 04:55 PM |
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Dec 23 2009, 05:00 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(MakanTidurSaham @ Dec 23 2009, 04:54 PM) Zaman, you did a fantastic job educating people to buy high sell low. Allo, this is not KLSE. You can short the market. KLSE is kurap land share market. How long have you been doing this? I highly suggest you do some reading or better option, open a real trading account. Added on December 23, 2009, 5:10 pmhttp://i47.tinypic.com/2d1s2ub.jpg See the SHORT and COVER. It works both way. Not in Kurap Land.  This post has been edited by zamans98: Dec 23 2009, 05:10 PM |
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Dec 23 2009, 07:54 PM
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Senior Member
534 posts Joined: Dec 2006
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QUOTE(hihi @ Dec 23 2009, 11:23 AM) A noob question here. Type 1000. If you key in 1, you'll end up buying 1 share. I'm just apply for the Itrade CIMB, may I know if i want to buy stocks 1000, should i type 1 or 1000? Don't know which stock to buy now. Its because they don't have the board lot system in the US. You can buy any amount you like, i.e. 69, 11967 etc. |
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Dec 23 2009, 09:01 PM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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enjoying the holidays i know we all had an extremely good year & wish u all the best for year 2010 haha... my shorts etf kena tapau  but can free up funds clf,wms & ctct still doing fine; caas & heat should be hitting 50ma anytime soon for reloading  anyway, swing trade time, bont 10.41, vwdry 19.35, rgr 10.18, hog 25.83, gol 14.48 roket ride time? who knows? i m gambler kppc 9.67, vnr 21.02, tlvt 37.87, gci 14.41, hitk 28.75 » Click to show Spoiler - click again to hide... «
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Dec 23 2009, 09:29 PM
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Senior Member
1,345 posts Joined: Sep 2009
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Will load 150 C at 3.30 today..
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Dec 23 2009, 10:24 PM
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All Stars
10,123 posts Joined: Aug 2007
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Looks like MGM may get a bounce from yesterday demise.
Since it is below $9.50, its price look attractive. I may scoop up some here. |
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Dec 23 2009, 10:51 PM
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Senior Member
534 posts Joined: Dec 2006
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ETFC is finally on the move again though I think its partly due to the possible takeover which seems more likely now.
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Dec 23 2009, 10:53 PM
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Junior Member
81 posts Joined: Jun 2009
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mgm looks attactive?
think will drop further. shit, enter too early... |
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Dec 23 2009, 11:02 PM
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All Stars
10,123 posts Joined: Aug 2007
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We're going down now.. new home sales number went sour.
Rising foreclosures win! Added on December 23, 2009, 11:09 pm QUOTE(syong @ Dec 23 2009, 10:53 PM) mgm looks attactive? Low $9 is attractive but keep a tight stop. If breaks below $9, there will be a gap down. think will drop further. shit, enter too early... This post has been edited by danmooncake: Dec 23 2009, 11:09 PM |
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Dec 23 2009, 11:52 PM
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Senior Member
1,345 posts Joined: Sep 2009
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Bought 144 C at 3.30..
C still dropping.. |
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Dec 23 2009, 11:52 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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Wow, MGM @ 890 didn't hit and now skyrocket up. Yes, go baby go. Heat back $10.
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Dec 23 2009, 11:54 PM
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Senior Member
1,345 posts Joined: Sep 2009
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QUOTE(zamans98 @ Dec 23 2009, 11:52 PM) Wow, MGM @ 890 didn't hit and now skyrocket up. Yes, go baby go. Heat back $10. For the whole week MGM is fine in the earlier session but dropped in the later session.Hope this time is different.. but I have cut loss for this. I will hold C for long term.. |
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Dec 24 2009, 12:01 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(zamans98 @ Dec 23 2009, 11:52 PM) Wow, MGM @ 890 didn't hit and now skyrocket up. Yes, go baby go. Heat back $10. Just scooped up some (1/4 position) @ 9.05. We're oversold yesterday. The technical bounce is normal. Added on December 24, 2009, 12:03 am QUOTE(epalbee3 @ Dec 23 2009, 11:54 PM) For the whole week MGM is fine in the earlier session but dropped in the later session. I think you may have played into their weak hands theory. Hope this time is different.. but I have cut loss for this. I will hold C for long term.. MM took out those stops and grabbed your shares. Update: Bought some FUQI @ 17.20 during opening. This Chinese gold jewelry maker were oversold yesterday. I hope the technical bounce may continue for a few more sessions to trigger short queeze. Update: 1:20am The Energy sector got a bullish call today. ERX got another 2% uplift. The Dow looks like it is coming off the red zone soon. This post has been edited by danmooncake: Dec 24 2009, 01:20 AM |
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Dec 24 2009, 02:20 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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suggest to read on 'double bottom', google it up... & can see much clearer from chart eg. GENZ if u no use chart, then no need read on it say, can look up on healthcare stock for portfolio too asHealth ETFs Rally On Chattem Buyout & obama’s health care overhaul also fuels momentum at least now i know why MED roket to moon, but i no balls to ride it last time  haha, no point talking about woulda, coulda & shoulda... » Click to show Spoiler - click again to hide... «
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Dec 24 2009, 02:45 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(sulifeisgreat @ Dec 24 2009, 02:20 AM) Health ETFs Rally On Chattem Buyout & obama’s health care overhaul also fuels momentum Yeah..but CHTT already old news by Monday am since the bought out by Sanofi-Aventis. The huge gap up was awesome for those managed to scalp it - perhaps too good since they caught two Frenchmen with insider trading. at least now i know why MED roket to moon, but i no balls to ride it last time haha, no point talking about woulda, coulda & shoulda... Update 3:00am Scooped up another 500 shares of MGM @ 9.40 here. Looks like MGM bounce got real strength and support. Closing update Dow 10466.44 +1.51 +0.01% Nasdaq 2269.64 +16.97 +0.75% S&P 500 1120.59 +2.57 +0.23% We got another positive finish today. MGM bounced back good and cleared above the 9.5 line. Looks like a bullish harami. Congrats to long MGM holders! This post has been edited by danmooncake: Dec 24 2009, 05:57 AM |
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Dec 24 2009, 09:41 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(danmooncake @ Dec 24 2009, 02:45 AM) We got another positive finish today. MGM bounced back good and cleared above the 9.5 line. I got 1,200 @ avg 9.50. TP 10, but I will dumped it all on today's opening or pre-market.Looks like a bullish harami. Congrats to long MGM holders! » Click to show Spoiler - click again to hide... « Added on December 24, 2009, 10:34 amAn Uptrend for ProShares Ultra Real Estate (NYSE:URE) on July 24, 2009 at $3.92. In approximately 5 months, ProShares Ultra Real Estate has returned 75.8% as of today's recent price of $6.89. ProShares Ultra Real Estate is currently above its 50-day moving average of $5.99 and above its 200-day moving average of $4.57. Look for these moving averages to climb to confirm the company's upward momentum I opted out URE/UYG and concentrate on LVS/MGM This post has been edited by zamans98: Dec 24 2009, 10:34 AM |
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Dec 24 2009, 10:58 AM
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Junior Member
189 posts Joined: Jan 2003
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First time trading here, target MGM 8.95 but didn't hit.
Then grab 1000 C @ 3.27. |
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Dec 24 2009, 11:08 AM
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Junior Member
54 posts Joined: May 2005
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hmm...i wonder if anyone interested in medical stock?
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Dec 24 2009, 11:20 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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chtt, of coz the boat speed away liao wondering will there be any other stock in the health sector which could benefit from this corrupted bill? it takes time for momo to accumulate stock, but if day trading... then nvm good! seeing there is some turtle improvement, doing analisis before / during / after - buying, holding or shorting keep up the good work & must go thru the wash mesin, there is no short cut to success but sheer hard work dun give up!hope to read more DIVERSE stock picks in future, with analisis for consideration in our watchlist, if possible to all those who contribute in this thread to make it exciting & non monotonous  also, newbies go study where went wrong or right in ur trading, got cross check with major index? read up on forums? use TA/ FA or combination? dun be complacent! sometimes news not available yet... need six cents as usual, never trust tips, do ur own due diligence & alwiz beware, as market can change mood anytime, if it does, short it baby! till then - HAVE FUN & PLEASE don't be an arang batu » Click to show Spoiler - click again to hide... «
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Dec 24 2009, 11:24 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(zamans98 @ Dec 24 2009, 09:41 AM) I got 1,200 @ avg 9.50. TP 10, but I will dumped it all on today's opening or pre-market. Hopefully there will be short squeeze and if so, we'll see another notch up. If it crosses over 10, I'm dumping mine for quick profit. |
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Dec 24 2009, 11:53 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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I have no position in lvs & mgm, but in c, forever timeframe
here is my cheap 1 sen thought mgm got doji, above $12 in short term dun think possiblenow it is in strong resistance area for buyers stuck from oct-dec08, range trtading time 10.94 or 11.04 would be my ideal TP for lvs, good signals, as volume dwindling down & moving sideways, to make those short term players bored to death it had clear the strong resistance overhead, really suggest hold to ride / sleep till reach $35 who knows? maybe goes to $3.50, alwiz have TP & cut loss level |
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Dec 24 2009, 04:18 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(sulifeisgreat @ Dec 24 2009, 11:53 AM) I have no position in lvs & mgm, but in c, forever timeframe My view on MGM for this few days left over DEC trading. here is my cheap 1 sen thought mgm got doji, above $12 in short term dun think possiblenow it is in strong resistance area for buyers stuck from oct-dec08, range trtading time 10.94 or 11.04 would be my ideal TP for lvs, good signals, as volume dwindling down & moving sideways, to make those short term players bored to death it had clear the strong resistance overhead, really suggest hold to ride / sleep till reach $35 who knows? maybe goes to $3.50, alwiz have TP & cut loss level - the chief is out, means ppl dumping in view of that small news. So, too much short until no stock to sell, so need to cover. The trend we seen on BAC. C and now MGM. Beaten down stock, will raise but limited movement. Once reached 10$ or near, I will dumped and placed a SHORT. But next Q1, $13-15 is possible. On the same note, LVS will be $17-21. |
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Dec 24 2009, 05:37 PM
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Senior Member
1,345 posts Joined: Sep 2009
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The problem of MGM is not only its chief is out now.
The people will worry whether there are some hidden agendas behind this. Since MGM is losing money last year, and now the chief is out, some internal problem might have occured. C is now the good stock to buy, at least for long term. Added on December 24, 2009, 9:32 pmmerry christmas and hope you enjoy your silent night.. This post has been edited by epalbee3: Dec 24 2009, 09:32 PM |
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Dec 24 2009, 10:07 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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I'm waiting to dump MGM today. Looks like the market is up a little in pre-market.
And the latest data are very GREEN/positive. Hope to see 1 leg up before all the way downhill. Green opening but with weak volume, Everyone on XMAS mode. Close position before the loooooooooong weekend. |
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Dec 24 2009, 11:40 PM
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All Stars
10,123 posts Joined: Aug 2007
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Sold 800 FUQI @ 19.20. approx. 1.6K profit
Also, I've unloaded 3/4 of my MGM position @ 9.75 for small profit. Only left with 1/4 position avg at 9.15. For MGM play, I like its price below 9.5 and I may scoop up more for channel play. We got major indexes pushed across the resistance level to new highs here, hence I'm taking some advantage to sell into this small rally. Some cash out for long weekend holiday is good. Good luck to all! This post has been edited by danmooncake: Dec 24 2009, 11:42 PM |
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Dec 24 2009, 11:44 PM
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Senior Member
1,345 posts Joined: Sep 2009
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Merry Christmas!
Only holding C at 3.30 now.. |
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Dec 24 2009, 11:57 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(danmooncake @ Dec 24 2009, 11:40 PM) Sold 800 FUQI @ 19.20. approx. 1.6K profit Congrats on your FUQI! Also, I've unloaded 3/4 of my MGM position @ 9.75 for small profit. Only left with 1/4 position avg at 9.15. For MGM play, I like its price below 9.5 and I may scoop up more for channel play. We got major indexes pushed across the resistance level to new highs here, hence I'm taking some advantage to sell into this small rally. Some cash out for long weekend holiday is good. Good luck to all! Sold partial MGM at 9.70 and LVS at 15.75. Suddenly market U turn. 1/2 day today. Left MGM 500, LVS 900 |
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Dec 25 2009, 12:07 AM
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Senior Member
1,345 posts Joined: Sep 2009
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QUOTE(zamans98 @ Dec 24 2009, 11:57 PM) Congrats on your FUQI! today half day? Sold partial MGM at 9.70 and LVS at 15.75. Suddenly market U turn. 1/2 day today. Left MGM 500, LVS 900 yeah.. silent night.. |
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Dec 25 2009, 02:02 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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In observance of the Christmas holiday, US Markets will observe the following hours:
Thursday, 12/24/2009 9:30AM - 1:00PM EST |
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Dec 25 2009, 02:15 AM
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All Stars
10,123 posts Joined: Aug 2007
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Closing update:
Dow 10520.10 +53.66 +0.51% Nasdaq 2285.69 +16.05 +0.71% S&P 500 1126.48 +5.89 +0.53% Ho ho ho!! Did you see that new high? Another great week for stocks! Have a safe and great holiday everyone! |
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Dec 25 2009, 02:29 AM
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Senior Member
1,345 posts Joined: Sep 2009
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yeah.. C is starting to earn..
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Dec 28 2009, 09:43 PM
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All Stars
10,123 posts Joined: Aug 2007
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The futures are looking good.. retail is up!
The bad twins (FNM/FRE) are rallying like crazy due to US govt intervening again. This post has been edited by danmooncake: Dec 28 2009, 10:04 PM |
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Dec 28 2009, 10:36 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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yeah, the bad twins are too bad, cannot short both at MBTrading and Just2trade. Else, I will.
waiting for MGM and LVS to reach my target before year end closing. Will dumped it all at good price. |
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Dec 28 2009, 10:37 PM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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holidays season time to do fear mongering haha...http://www.boston.com/business/markets/art...s_ceo_predicts/ » Click to show Spoiler - click again to hide... «
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Dec 28 2009, 11:34 PM
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All Stars
10,123 posts Joined: Aug 2007
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I've unloaded remaining MGM @ 9.53 with trailing stop.
I don't know why but I don't like MGM movement today. This post has been edited by danmooncake: Dec 28 2009, 11:35 PM |
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Dec 28 2009, 11:40 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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Sector ETF strength after one hour: Heating Oil– UHN +2.2%. Oil– USO +1.8%. Gasoline– UGA +1.7%. Commodities– GSG +1.5%. Commodities– DBC +1.5%.
Weakness: Gold Miners– GDX -0.9%. Homebuilders– XHB -0.7%. Transports– IYT -0.6% Look at UNG!! |
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Dec 28 2009, 11:44 PM
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Senior Member
768 posts Joined: Jan 2005
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Just wondering, anyone rode the boat on STEC? SSD maker, Dec 10 price was ~11 and now it's trading for 16.75.
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Dec 29 2009, 12:03 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(miuk @ Dec 28 2009, 11:44 PM) Just wondering, anyone rode the boat on STEC? SSD maker, Dec 10 price was ~11 and now it's trading for 16.75. Nope, never noticed that company before. Was busy with INTEL (INTC), NVIDIA and AMD. Suddenly the Technologies stocks back in the play game.unfortunately STEC cannot be short at my broker. Volume also not that big compare with Seagate MGM huge volume transacted at 9.39 and pushed the price upwards to 9.47 STEC NEWS: http://pr-usa.net/index.php?option=com_con...06529&Itemid=31 http://www.prminds.com/pressrelease.php?id=28920 No particular reason why it shoot 9% today. Maybe due to short squeeze?? |
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Dec 29 2009, 12:58 AM
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Senior Member
768 posts Joined: Jan 2005
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Well, one of my work friend actually mentioned this company to me but just that i never thought SSD companies will make a come back.
For STEC, price was hovering around 40 before collapsing to 10 due to bad reports from EMC (their biggest customers). Prob due to over selling thats why the stock price is recovering. |
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Dec 29 2009, 01:15 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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stec classic short squeeze, look at the short % of float
but wasn't in my watchlisthttp://shortsqueeze.com/?symbol=stec&submit=Short+Quote%99 if they r not earning, expect a trip south  http://quicktake.morningstar.com/StockNet/...TEC&Country=USA maybe analyst knows sumting, no one else knows http://finance.yahoo.com/q/h?s=STEC otheriwse, read up more la http://messages.finance.yahoo.com/mb/STEC |
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Dec 29 2009, 05:13 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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what d fark? was expecting RED, but in less than 5 minutes, GREEN and over 20pts closing.
Managed to scooped FUQI at closing. Its my maiden trade. I'm still a FUQI virgin. Big swing, +1.06 from top to low. Below 200/50 SMA. LVS and MGM off low. |
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Dec 29 2009, 05:47 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(zamans98 @ Dec 29 2009, 05:13 AM) what d fark? was expecting RED, but in less than 5 minutes, GREEN and over 20pts closing. Be careful with FUQI. High on short sellers list. Managed to scooped FUQI at closing. Its my maiden trade. I'm still a FUQI virgin. Big swing, +1.06 from top to low. Below 200/50 SMA. LVS and MGM off low. This post has been edited by danmooncake: Dec 29 2009, 05:47 AM |
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Dec 29 2009, 09:41 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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QUOTE(zamans98 @ Dec 29 2009, 05:13 AM) what d fark? was expecting RED, but in less than 5 minutes, GREEN and over 20pts closing. good! taking the step out of ur comfort zone Managed to scooped FUQI at closing. Its my maiden trade. I'm still a FUQI virgin. Big swing, +1.06 from top to low. Below 200/50 SMA. LVS and MGM off low. i smell a swing trade may come, who knows? i can be wrong do have a tight cut loss, my 1 sen says target $19.94 but, i rather target a buy at $16.2, in case a double bottom comes, or maybe it won't? or maybe it collapse? their forum board is so funi http://messages.finance.yahoo.com/Stocks_%...t=2&frt=2&off=1 |
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Dec 29 2009, 10:10 PM
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All Stars
10,123 posts Joined: Aug 2007
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We had 6th days of up and this would be the 7th trading day if we close in green.
Oil going to 80 soon. The bulls are relentless, aren't they? |
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Dec 30 2009, 12:15 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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i thought the 7day is a rest day
all enjoying the holidays Soft Dollar, In-Line Home & Consumer Confidence Data Boost Stocks 10:15 a.m. Update: Three of the four major indexes moved higher in early trading Tuesday as home prices and consumer confidence data came close to expectations. The NYSE composite led with a 0.3% gain. The Dow and S&P 500 added 0.2% and 0.1%, respectively. The Nasdaq fell a fraction, weighed down by stumbling biotechs and financials. Trading was soft on both exchanges. December consumer confidence effectively met expectations with an index reading of 52.9, vs. consensus views of 53. The Conference Board revised higher November's confidence number, to 50.6 from 49.5. Oil prices held Monday's gains, hovering just above the $79-a-barrel mark. Gold, silver and copper prices all eased slightly. Memory chip maker STEC (STEC) popped 5% in early trade. The stock has gained in nine straight sessions after plumbing a seven-month low Dec. 11. Green Mountain Coffee Roasters (GMCR) ground out a better-than-2% gain. The breakout moved the coffee wholesaler/distributor 3% above the 76.60 buy point from a double-bottom base. Johnson & Johnson (JNJ) gained a fraction, despite its announcement that the company would, in concert with the Food & Drug Administration, expand its voluntary recall of the pain reliever Tylenol due to potential contamination. The recalled product is labeled Tylenol Arthritis Pain Caplet 100 count, with a red "ez-open" cap. The recall began in November, after consumer complaints of a moldy smell. Futures Lean Higher Ahead Of Key Data BY ALAN R. ELLIOTT 9:15 a.m. Update: Markets headed toward a higher open Tuesday, as Wall Street looks to add to its recent string of gains. Dow futures were up 28 points in the pre-market. Nasdaq futures climbed 4.5 points, while S&P 500 futures rose 3.6 points. All were above fair value. The S&P/Case-Shiller home price index edged up 0.4% to a seasonally adjusted reading of 145.36 in October. The index was off 7.3% from October 2008. Most economists had expected a 7.1% dip. Investors will keep an eye on mining and mining equipment stocks this morning. Mining sector strength, fueled by a surge in metals prices, played a key role in boosting London's FTSE 100 to levels not seen since before Lehman Bros. flamed out in September 2008. Retailers might see a bump from the International Council of Shopping Centers and Goldman Sachs Index of U.S. retail chain store sales. The index rose 2.3% for the week ended Dec. 26, the third straight week of increases. ICSC Research said it expects December same-store sales to gain an average of 2%. |
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Dec 30 2009, 12:42 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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STEC now back to day low?
FUQI holding tight at 18. LVS/MGM nearing day low as DOW is nearing red.. |
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Dec 30 2009, 01:08 AM
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Senior Member
768 posts Joined: Jan 2005
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Tried shorting but can't borrow any on etrade for STEC. Looks like need to be on the sidelines for this stock, too exp imho and i think server markets will be bad for now. HP is on a 1.5 weeks extended shutdown worldwide for non-essential staff.
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Dec 30 2009, 01:17 AM
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Senior Member
1,345 posts Joined: Sep 2009
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I am holding C. my target price is RM6.60..
It is time to load C.. |
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Dec 30 2009, 01:19 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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STEC -10cts now and going down.
It is shortable at Mbtrading.com.. I'm not taking risk to short.. |
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Dec 30 2009, 05:25 AM
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All Stars
10,123 posts Joined: Aug 2007
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Closing update:
Dow 10545.41 -1.67 -0.02% Nasdaq 2288.40 -2.68 -0.12% S&P 500 1126.19 -1.59 -0.14% It seems that the market cannot sustain 7 straight trading days of gains after all. Let's pull back nicely and go down from here. This post has been edited by danmooncake: Dec 30 2009, 05:25 AM |
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Dec 30 2009, 12:44 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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looks like most stocks gave up the earlier gain but not STEC?
Down, and then whoever short it suffers, then goes up +26cts.. Watdafuk. |
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Dec 30 2009, 04:14 PM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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understand here options is not popular, imo, dun try it for day trading or short term positions
http://www.bloomberg.com/apps/news?pid=206...0oxY1fgcQ&pos=5 Options Trading Rises to Record Following 66% Rally in S&P 500 By Jeff Kearns Dec. 30 (Bloomberg) -- Investors locking in gains from the biggest stocks rally in seven decades pushed options trading in the U.S. to a seventh straight annual record. The number of options on stocks, indexes and exchange- traded funds that changed hands in 2009 reached 3.59 billion contracts, topping the previous high of 3.58 billion set in 2008, Chicago-based Options Clearing Corp. said yesterday. OCC settles all transactions involving exchange-listed contracts. Investors bought and sold more equity derivatives to protect their assets and bet on price swings as the Standard & Poor’s 500 Index posted the biggest rally since the 1930s, surging 66 percent since sinking to a 12-year low in March. “We’ve seen a lot of people getting involved with options who weren’t before,” said Eugene Choe, head of Advanced Execution Services options sales at Credit Suisse Group AG in New York. “A lot of fund managers started hiring options traders, mostly the hedge funds.” Options give the right though not the obligation to buy or sell a security at a set price and date. The market expanded after the benchmark for U.S. equity derivatives prices posted a record annual decline. The VIX, as the Chicago Board Options Exchange Volatility Index is known, has tumbled 75 percent to 20.01 since soaring to an all-time high of 80.86 in November 2008. It measures the cost of using options as insurance against declines in the S&P 500. ‘Scapegoat’ for 1987 While the number of options trades climbed to a record, the rate of annual growth slowed to less than 1 percent following the worst financial crisis since the Great Depression. After options volume peaked in 1987, the market took a decade to surpass that level again after derivatives were blamed in part for the stock market crash on Oct. 19, 1987, that drove the S&P 500 down 20 percent. “Options were the scapegoat for the ‘87 crash,” said Kevin Murphy, head of U.S. option electronic execution at Citigroup Inc. in New York. “Now, not only are options not to blame, they were held up as something that, if you used them properly, you could have spared some of your loss.” The S&P 500 lost 38 percent last year, the most since 1937. Options began trading in the U.S. on an exchange when the CBOE started on April 26, 1973, when 911 calls were listed on 16 stocks, according to the exchange’s Web site. There were 1.1 million contracts traded that year. Put trading was introduced in 1977. Annual options volume first exceeded 100 million contracts in 1981. Since 1997, volume has increased by at least 7.5 percent a year except 2002, when it fell 0.1 percent. Trading topped 1 billion in 2004 and 2 billion in 2006. “The level of acceptance of options as a legitimate, non- speculative vehicle to generate income and hedge has really ramped up,” said Randy Frederick, Austin, Texas-based director of trading and derivatives at Charles Schwab & Co., the largest independent U.S. brokerage by client assets. “What I hear most from customers is, ‘How can I stay in the market when it gets rocky and reduce my risk without closing my positions?’ And there are a lot of options strategies you can use to do that.” To contact the reporter on this story: Jeff Kearns in New York at jkearns3@bloomberg.net. Last Updated: December 30, 2009 00:01 EST |
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Dec 30 2009, 11:14 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(sulifeisgreat @ Dec 30 2009, 04:14 PM) understand here options is not popular, imo, dun try it for day trading or short term positions Some PUTs buyer have their ass handed to them on the gold platter for the last 6 months. Their imploding price decay killed 'em. Unless you got your timing right, don't play with options. But, some puts protection does help to offset the loss in volatile sectors like Energy. Tonight, we seeing the Dollar rebounding a bit, hence major indexes are down, basic materials are getting some pullback (watching TCK dip, I''ll be grabbing more here at low 36), energy like Oil holding up going towards 80 soon. I'll also be buying ERX on pullback. |
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Dec 30 2009, 11:25 PM
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Senior Member
1,345 posts Joined: Sep 2009
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All stocks dip now.. another round of blood wash..
Any clue? |
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Dec 30 2009, 11:41 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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look like USD recovering is pushing the commodities and stock downwards.
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Dec 31 2009, 12:33 AM
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All Stars
10,123 posts Joined: Aug 2007
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We had 6 days of up, 2 days of down (including tonight), it seems pretty normal pullback to me.
Just buy this dip! TCK is getting attractive.. come to papa! Update: Pulled the trigger: 1000 TCK 35.70 SL:35.60 Also, got some FUQI at 17.90 during opening before the POP up. Hopefully, we'll get to 19. This post has been edited by danmooncake: Dec 31 2009, 01:05 AM |
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Dec 31 2009, 01:00 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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yup, those poor put option buyers, not sure if they gonna do another put option buying for this quarter or not my options play is more for medium term holding (clf), i ok to take the risk, i think still can up, since int rate very low so dun try options unless u wanna have / wanna get some experience no pain no gain!earnings season is coming soon, preparing to exit some stock, just before their announcement if earnings sux, then can meet mr bear? who knows? 
lots of u like unit trust? here r some info to share & some idea on its type if ur funds can beat it - then its good!
» Click to show Spoiler - click again to hide... «
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Dec 31 2009, 01:09 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(sulifeisgreat @ Dec 31 2009, 01:00 AM) earnings season is coming soon, preparing to exit some stock, just before their announcement Earnings won't suck for Q4 because the guidance are so low anyway. With year end holiday purchases, the retail sector will get a huge boost up as with credit cards like Mastercard and Visa. Buy 'em on pullback. Definitely winners! if earnings sux, then can meet mr bear? who knows? This post has been edited by danmooncake: Dec 31 2009, 01:10 AM |
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Dec 31 2009, 01:15 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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QUOTE(danmooncake @ Dec 31 2009, 01:09 AM) Earnings won't suck for Q4 because the guidance are so low anyway. With year end holiday purchases, the retail sector will get a huge boost up as with credit cards like Mastercard and Visa. Buy 'em on pullback. Definitely winners! tat is real good means by the time those 'research house' revise their lagging earnings upwards later on... little red riding hood can go riding roket in advance |
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Dec 31 2009, 01:21 AM
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All Stars
10,123 posts Joined: Aug 2007
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This is a bullish call for Oil:
http://finance.yahoo.com/news/Crude-and-ga...3&asset=&ccode= Loading up ERX on this pullback. |
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Dec 31 2009, 01:35 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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my louyah anlayst report
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Dec 31 2009, 04:10 AM
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All Stars
10,123 posts Joined: Aug 2007
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Update:
Damnn...forgot my SL TCK 35.60 kicked in. Tried again: 35.45, trailing stop 5% this time. Closing update: Dow 10548.14 +2.73 +0.03% Nasdaq 2291.28 +2.88 +0.13% S&P 500 1126.41 +0.22 +0.02% Looks green but we got a flat day. I was expecting more pullback but not enough bad news to drive this market down. This post has been edited by danmooncake: Dec 31 2009, 05:09 AM |
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Dec 31 2009, 02:18 PM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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here we r  celebration time, have u place ur bets for the coming year or hibernating mali mali  step right in, big or small, black or red, up or down, in or out louyah analyst report Stocks Mostly Flat In Sleepwalk Toward 2009's End Stocks treaded water Wednesday, moving little up or down as the indexes finished mostly flat. The Nasdaq clawed its way to a 0.1% gain. The Dow and the S&P 500 were fractionally up. The NYSE composite slipped 0.2%. Volume was up slightly on both major exchanges. While the market hasn't found consistent traction in months, the major indexes have recently used the dead time to do a little repair work on their charts. By avoiding heavy-volume declines and inching to new highs, the indexes have distanced themselves from earlier distribution days. A distribution day involves a significant loss in a major index in higher volume. It points to institutional selling. Yet the market also hasn't shown much accumulation. The Nasdaq have the best Accumulation/Distribution Ratings among indexes, and those are neutral or near neutral. On the plus side, the ratio of new highs to new lows has been strong of late. This month's combined new highs on the NYSE and Nasdaq are averaging about 315 daily vs. fewer than 20 new lows a day. Economic reports also are tilting to the positive side. On Wednesday the Chicago purchasing managers index for December swept past expectations as it notched its best mark since January 2006. But that report did little to boost the market. The indexes moved up for about 10 minutes on the news and then slipped back to sleepwalking mode. Among top-rated stocks, there were few moves in big trade. Deckers Outdoor (DECK) leapt 4% in double its usual volume as it cleared a two-month consolidation. On the downside, diet products provider Medifast (MED) fell 10% in triple volume. According to SEC documents, Chief Executive Michael McDevitt sold 30,000 shares on Monday — or about 9% of shares he beneficially owns. Such sales aren't necessarily a red flag because there may be personal reasons for a company executive to sell shares. But it can create nervousness. Another possible explanation is that one or more institutional investors are locking in gains for the year. Medifast jumped 450% in 2009 through Wednesday. Cloud-computing company Salesforce.com (CRM) fell 1% in fast trade, ending a seven-session win streak. It remains 9% past a 67.82 buy point after a Dec. 18 breakout. Ultimately every uptrend is about leadership. In the past five weeks, at least 45 stocks with respectable fundamentals have broken out. How have they done? Many are up from buy points by single-digit percentages. A few are up smartly, including China Agritech (CAGC), up 32%; Warner Chilcott (WCRX), up 16%; and American Superconductor (AMSC), up 15%. do drink & drive + a sector for pressure reading » Click to show Spoiler - click again to hide... «
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Dec 31 2009, 10:51 PM
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All Stars
10,123 posts Joined: Aug 2007
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Happy New Year Everyone!! Shall we drink and trade and the same time? |
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Dec 31 2009, 11:19 PM
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Senior Member
1,345 posts Joined: Sep 2009
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Happy new year 2010~!
another half an hour to step to the new decade. yupe.. drink and trade together.. |
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Jan 1 2010, 12:32 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(epalbee3 @ Dec 31 2009, 11:19 PM) Happy new year 2010~! So as long you don't get drunk and accidentally pressed the wrong buttons at your computer terminal, eg. BUY instead of SELL or vice-versa or input in the wrong price! LOL!! another half an hour to step to the new decade. yupe.. drink and trade together.. Anyway, tonight we got low volume. Currently more sellers than buyers and we're pulling back a bit despite much better unemployment claims numbers and energy prices are actually higher. This low volume itself is a small dip and could be good if you want to start a small position. I'm ending my shift early tonight and may not be around to post closing update. Anyway, wish everyone here a very HAPPY and SAFE NEW YEAR!! Good luck to all! This post has been edited by danmooncake: Jan 1 2010, 01:10 AM |
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Jan 1 2010, 10:02 AM
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Senior Member
1,120 posts Joined: Jul 2006
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HAPPY NEW YEAR 2010!
May new year come with big bull or big bear. lolz. As long as there is a trend, we all make money. |
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Jan 2 2010, 04:14 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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Happy New Year 2010 
» Click to show Spoiler - click again to hide... «
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Jan 4 2010, 11:17 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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Beware traders/investors.
Market will be back FULL FORCE this week. Expect good movement from today onwards. Happy 2010 and may all of our stocks earn good money. |
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Jan 4 2010, 11:35 AM
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All Stars
17,018 posts Joined: Jan 2005
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Happy New Year guys. May new year bring more properous to you all.
Thinking going to buy C today. Short it this time if market good. |
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Jan 4 2010, 01:22 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(ozak @ Jan 4 2010, 11:35 AM) Happy New Year guys. May new year bring more properous to you all. I'm not sure if C is a good buy (Short/Long) for this period. Just wait after the employment data. Thinking going to buy C today. Short it this time if market good. Mega news this week (the mother news is on Friday) Mon Jan 4 ISM Manufacturing PMI Tue Jan 5 Pending Home Sales m/m Wed Jan 6 ADP Non-Farm Employment Change ISM Non-Manufacturing PM Thu Jan 7 Unemployment Claims Fri Non-Farm Employment Change Jan 8 Unemployment Rate This post has been edited by zamans98: Jan 4 2010, 01:24 PM |
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Jan 4 2010, 10:29 PM
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All Stars
10,123 posts Joined: Aug 2007
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Happy New Year everyone!
Did you all have a good weekend? I did! Looks like everything is green, all ready for new highs and feeling optimistic. Look at Oil, touching $81 again. Dollar going downhill. Other commodities like Sugar and Gold popped up big time.. This post has been edited by danmooncake: Jan 4 2010, 10:34 PM |
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Jan 4 2010, 11:21 PM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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sugar for consideration, ipsu & sgg
 very rare m'sia make it to big news! but look bolehland is in the news, no need elaborate further on artikel - tq for the cooperation http://online.wsj.com/article/SB126252276477713845.html swing traded stock of ctct bought 15.80 previously, has reach target & sold 17.04 & added sgg into watchlist @ gambling portfolio dun like ipsu chart 
also kppc change name to ks http://investing.businessweek.com/research...cusip=48562P103 This post has been edited by sulifeisgreat: Jan 5 2010, 12:54 AM |
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Jan 4 2010, 11:37 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(sulifeisgreat @ Jan 4 2010, 11:21 PM) sugar for consideration, ipsu & sgg That's why our Sugar King is Malaysian's richest.. very rare m'sia make it to big news! but look bolehland is in the news, no need elaborate further on artikel - tq for the cooperation http://online.wsj.com/article/SB126252276477713845.html SOLD my LVS and FUQI for small profit, suddenly all moved. FUQI sold at 18.35, bought 18.20. LVS Sold +5cts and shoot to 15.94 high. Sold at low 15.80. Suddenly share mana2x pun bole beli.. |
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Jan 4 2010, 11:47 PM
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Senior Member
1,345 posts Joined: Sep 2009
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Can anyone recommend me any sure win stock?
Then we can earn enough to retire.. Makan gaji cannot be rich lor.. |
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Jan 4 2010, 11:48 PM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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QUOTE(zamans98 @ Jan 4 2010, 11:37 PM) That's why our Sugar King is Malaysian's richest.. well u r a day trader & like hold short term position, it seems an ok trade, base on ur trading taktik SOLD my LVS and FUQI for small profit, suddenly all moved. FUQI sold at 18.35, bought 18.20. LVS Sold +5cts and shoot to 15.94 high. Sold at low 15.80. Suddenly share mana2x pun bole beli.. looks like fuqi unlikely to hit my double bottom target price so if i were gambling on ur shoes at ur buy point, i would have take the risk & await exit, once it swing traded up (if it ever does tat) nice opening for most of my watchlist / gambling position, very likely most of us r doing fine too |
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Jan 5 2010, 12:03 AM
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All Stars
10,123 posts Joined: Aug 2007
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Still holding FUQI, ERX, XPP, and a boat load of TCK.
I've a feeling we're going higher for at least 1 or 2 more trading session. Hope I'm right. Update: FUQI got a uplift pop above 200 MA. Setting my trailing stop to 25 cents. Go FUQI go! This post has been edited by danmooncake: Jan 5 2010, 12:26 AM |
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Jan 5 2010, 12:35 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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QUOTE(epalbee3 @ Jan 4 2010, 11:47 PM) Can anyone recommend me any sure win stock? tat is really interesting concept Then we can earn enough to retire.. Makan gaji cannot be rich lor.. please let me know too, once u have found the recommendation for sure WIN stock & I will join in too y dun u just google on winning stock criteria & update us on ur findings |
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Jan 5 2010, 12:39 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(danmooncake @ Jan 5 2010, 12:03 AM) Still holding FUQI, ERX, XPP, and a boat load of TCK. i got a tight trailing stop. All position sold for peanut. I've a feeling we're going higher for at least 1 or 2 more trading session. Hope I'm right. Update: FUQI got a uplift pop above 200 MA. Setting my trailing stop to 25 cents. Go FUQI go! FUQI hit 19.50. Sold 18.30.. haiyoh. LVS also.. D@mn. Seems the BULL is back, and STRONGER. Added on January 5, 2010, 12:40 amING, RBS and UNG flying high and higher. Cannot catch. This post has been edited by zamans98: Jan 5 2010, 12:40 AM |
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Jan 5 2010, 01:11 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(zamans98 @ Jan 5 2010, 12:39 AM) i got a tight trailing stop. All position sold for peanut. Weird..my trailing stop for FUQI hasn't hit yet. I guess I'll just let it ride till the end of the day and see what happens.FUQI hit 19.50. Sold 18.30.. haiyoh. LVS also.. D@mn. Seems the BULL is back, and STRONGER. Added on January 5, 2010, 12:40 amING, RBS and UNG flying high and higher. Cannot catch. Update 3:30am: FUQI finally hit my trailing stop: 19.30. Sold! Ka ching! If it drops below 18 again, I'll load up again. My ERX now is bursting through $43.. still holding here. I would like to see Oil going to $85. Closing update Dow 10583.96 +155.91 +1.50% Nasdaq 2308.42 +39.27 +1.73% S&P 500 1132.99 +17.89 +1.60% Here's our New Year gifts! It is the new highs! Post closing update Decided to trim my ERX position by half after hours. No profit is bad. This post has been edited by danmooncake: Jan 5 2010, 05:51 AM |
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Jan 5 2010, 11:49 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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some like it hot, some like it cold, some been staying out & some already knee deep inside irregardless of our opinions, its the action the momo & we take that only matters, real cold hard cash or loan the usual economic indicators for your pressure reading http://money.cnn.com/news/economy/index.html there is always 2 side to every issue, just like a coin make a stand & make $ out of ithttp://money.cnn.com/2010/01/04/markets/thebuzz/index.htm and for pleasure reading, the other side of the coin, Don't Blame Ben For The Meltdown Financial Crisis: It's common these days to hear that the 2007-08 financial meltdown was all the Fed's fault. Speaking last weekend, Fed chief Ben Bernanke set the record straight. In recent days, we've been surprised by the large number of pundits and market commentators who have stated matter-of-factly that the Fed's actions this decade were "at fault" for the housing boom and bust. It's one thing, of course, to say that the Fed might have erred in keeping interest rates too low during the economic problems of the 2000s. That may well be the case. But it's quite another to say that they "caused" it all. This simply ignores history. Faced with a record stock market collapse, a recession and the economic aftermath of 9/11, the Fed very aggressively slashed interest rates from 6.5% at the start of 2001 to 1% by mid-2003 and kept them there until mid-2004. The housing market boomed. Starting in mid-2004, however, the Fed began to let rates creep up, fearing a spurt in inflation if rates were kept too low. The housing market continued to boom for two more years, until rates hit 5% in May of 2006. It was then that many people with low-interest, adjustable-rate mortgages suddenly found themselves unable to keep up with payments. Home sales plunged, prices fell, foreclosures soared. In 2007, the housing market suffered a spectacular fall that dragged down the global economy with it. All the Fed's fault? In a word, no. Virtually no one in 2003 was arguing for anything but massive interest-rate cuts by the Fed. And the Fed obliged them. Again, in 2005, the Fed raised interest rates based on market fears of rampant inflation. If anything, the Fed's mistake was being too reactive — and not focusing on price stability, the only thing it really can control. Scapegoating Bernanke would be an easy answer to all this. It would mean we'd have to do little other than fire him, and all our troubles go away. Unfortunately, what Bernanke said on Sunday at the annual meeting of the American Economic Association happens to be dead right: Our crisis was not one of monetary policy but of misregulation of our financial and housing markets. Whether you think monetary policy was right or wrong, it did not cause the crisis. "Borrowers chose, and were extended, mortgages that they could not be expected to service in the longer term," Bernanke said. "This description suggests that regulatory and supervisory policies, rather than monetary policies, would have been more effective means of addressing the run-up in house prices." He's right. As we've noted repeatedly on this page, it wa s government regulation of the housing market that caused our current woes. Take the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac out of the picture, remove the Community Reinvestment Act (CRA) from the books, and there's no housing crisis — and no financial meltdown. Period. No matter what the Fed did. By funding trillions of dollars of home loans made by private banks to poor credit risks, Fannie and Freddie created the toxic financial waste that now pollutes the balance sheets of nearly every finance company in America. And will for years to come. Fannie and Freddie didn't act alone; they were pushed into doing it by Democrats in Congress, such as Connecticut Sen. Chris Dodd and Massachusetts Rep. Barney Frank, and by the Clinton administration, which equipped the CRA to force banks to make bad loans in the name of "boosting homeownership." "The financial crisis was caused by U.S. government housing policies that helped create 25 million subprime and Alt-A mortgages — 47% of all U.S. mortgages — which are currently defaulting at unprecedented rates," noted Peter Wallison, a senior fellow at the American Enterprise Institute, who predicted the debacle back in 2000. "This caused the financial crisis and current recession." Today, Fannie and Freddie have become de facto nationalized mortgage companies — holding or originating nearly one half of the nation's $11 trillion or so in mortgages, many of them little more than junk. Having lost an estimated $100 billion in the last year and failed spectacularly, you might think they would pull back. They haven't. Congress just lifted the borrowing capacity of the two GSEs to above $400 billion — giving them a blank check back from taxpayers to continue their disastrous lending practices. We're not saying the Fed is beyond reproach. Fed policy is often ill-timed and misguided. But it didn't cause the meltdown. Those who blithely blame Bernanke's Fed deflect attention from the true culprit behind this mess: a big-government regulatory regime that forced banks to make loans to people who couldn't pay them, and now wants you to pay for it all. And you will. » Click to show Spoiler - click again to hide... «
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Jan 5 2010, 06:23 PM
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Junior Member
80 posts Joined: Jul 2009
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sapu AIG at 29.89 finaly
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Jan 5 2010, 09:33 PM
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Senior Member
1,345 posts Joined: Sep 2009
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QUOTE(sulifeisgreat @ Jan 5 2010, 12:35 AM) tat is really interesting concept there is one: please let me know too, once u have found the recommendation for sure WIN stock & I will join in too y dun u just google on winning stock criteria & update us on ur findings Let say you have $8192 use margin account leveraging to set either win all or lose all. Place $128 in the beginning. if win, you get $128; after that place $128 again. if you lose, then you place $256. if you win, you place $128 again. if you lose again, place $512. Like that you will have very least chance to lose. Usually will win.. My friend told me, do give opinion.. Added on January 5, 2010, 9:34 pm QUOTE(epalbee3 @ Jan 5 2010, 09:33 PM) there is one: working like cow.. so must find a way to earn money.. Let say you have $8192 use margin account leveraging to set either win all or lose all. Place $128 in the beginning. if win, you get $128; after that place $128 again. if you lose, then you place $256. if you win, you place $128 again. if you lose again, place $512. Like that you will have very least chance to lose. Usually will win.. My friend told me, do give opinion.. This post has been edited by epalbee3: Jan 5 2010, 09:34 PM |
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Jan 5 2010, 10:02 PM
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Junior Member
81 posts Joined: Jun 2009
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QUOTE(epalbee3 @ Jan 5 2010, 09:33 PM) there is one: this is interesting...Let say you have $8192 use margin account leveraging to set either win all or lose all. Place $128 in the beginning. if win, you get $128; after that place $128 again. if you lose, then you place $256. if you win, you place $128 again. if you lose again, place $512. Like that you will have very least chance to lose. Usually will win.. My friend told me, do give opinion.. Added on January 5, 2010, 9:34 pm working like cow.. so must find a way to earn money.. wonder whether your fren tried it before.... it works?? |
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Jan 5 2010, 10:03 PM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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QUOTE(epalbee3 @ Jan 5 2010, 09:33 PM) there is one: wat stock is tat? sound like the way I playing in genting casino Let say you have $8192 use margin account leveraging to set either win all or lose all. Place $128 in the beginning. if win, you get $128; after that place $128 again. if you lose, then you place $256. if you win, you place $128 again. if you lose again, place $512. Like that you will have very least chance to lose. Usually will win.. My friend told me, do give opinion.. Added on January 5, 2010, 9:34 pm working like cow.. so must find a way to earn money.. if u use tat style in usa, do post us its results for our neutral viewing bet u have not met a stock which never recover from its dip |
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Jan 5 2010, 10:24 PM
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All Stars
10,123 posts Joined: Aug 2007
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After reaching yesterday high, any slight "less" good news, we will see a pullback. But, any pullback below 10500 now is a buy. Crude oil continues go up again tonight.
Hopefully, ERX may touch $45 soon. |
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Jan 5 2010, 10:44 PM
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Senior Member
1,142 posts Joined: Sep 2008 From: Bandar Utama, PJ, TTDI 
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How do you guys know which one to buy?
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Jan 5 2010, 10:50 PM
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Senior Member
2,155 posts Joined: May 2005
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QUOTE(sulifeisgreat @ Jan 5 2010, 10:03 PM) wat stock is tat? sound like the way I playing in genting casino ya woh..sounds like genting...can try geh, but compare to genting...might have more equal chances. if u use tat style in usa, do post us its results for our neutral viewing bet u have not met a stock which never recover from its dip |
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Jan 5 2010, 10:50 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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made a wrong bet on LVS yesterday, short at 16.25. Now suffering. Yesterday up 11% alone and at this moment up 6%.
Oh well. Will have another opp to LONG. STEC is crazy, ING. RBS, and MGM. |
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Jan 5 2010, 10:51 PM
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Senior Member
2,155 posts Joined: May 2005
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QUOTE(ecVk @ Jan 5 2010, 10:44 PM) How do you guys know which one to buy? research or tembak, depends which one are u.. |
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Jan 5 2010, 10:52 PM
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Senior Member
1,345 posts Joined: Sep 2009
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LVS and MGM are flying now..
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Jan 5 2010, 11:00 PM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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QUOTE(epalbee3 @ Jan 5 2010, 10:52 PM) LVS and MGM are flying now.. dun u jus like swing trade & having the patience to wait but they were not in my watchlist Added on January 5, 2010, 11:02 pm QUOTE(mIssfROGY @ Jan 5 2010, 10:51 PM) research or tembak, depends which one are u.. any clue how / where to guide them for tembaking or researching This post has been edited by sulifeisgreat: Jan 5 2010, 11:02 PM |
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Jan 5 2010, 11:08 PM
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Senior Member
768 posts Joined: Jan 2005
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Factory orders up 1.1% but Pending Home Sales down 17%. Looks like market is loving the news, prices all moving north after the news
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Jan 5 2010, 11:15 PM
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Senior Member
2,155 posts Joined: May 2005
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QUOTE(sulifeisgreat @ Jan 5 2010, 11:00 PM) dun u jus like swing trade & having the patience to wait they should read your research or others research?...and for tembak...just anything i guess? but they were not in my watchlist Added on January 5, 2010, 11:02 pm any clue how / where to guide them for tembaking or researching I am a tembak fella...so i am not the best to gib advice.....  For me i stick to big names, coz i dun like to read research papers and i am blind to technical charts. I choose shares that i think less chances to die...BP, RAI, X and MOS..BP coz of dividen and i blif oil will go up. X and MOS becoz of growth and commodity. So far...no regrets. Got x at 29, MOS at 35 and BP at 45. ....and of coz i also look at the price & history price when i buy. So i think depends on each personalities i guess...no right and wrong. If your way work, means its the right way liao. |
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Jan 5 2010, 11:36 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(miuk @ Jan 5 2010, 11:08 PM) Factory orders up 1.1% but Pending Home Sales down 17%. Looks like market is loving the news, prices all moving north after the news North? Yeah right, this market is toppy already. Look again. I love to SELL at this news! This post has been edited by danmooncake: Jan 5 2010, 11:36 PM |
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Jan 5 2010, 11:36 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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MGM sold earlier at 9.92 pre-market, in anticipation of bad data.
Unfortunately, it was dismissed. Now flying high MGM and LVS. Fueled by cheap dollar. Sigh. |
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Jan 5 2010, 11:39 PM
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All Stars
10,123 posts Joined: Aug 2007
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FUQI broke above $20.
I think we got shorts covering here. Update: Airline stocks seem to be making moves here: look at UAUA, CAL, AMR Big boys are buying 'em. This post has been edited by danmooncake: Jan 5 2010, 11:48 PM |
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Jan 6 2010, 12:02 AM
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Senior Member
4,458 posts Joined: Nov 2008 From: Kuala Lumpur
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QUOTE(danmooncake @ Jan 5 2010, 11:39 PM) FUQI broke above $20. I thought DJ will fall about 0.50% but now is only 0.10% I think we got shorts covering here. Update: Airline stocks seem to be making moves here: look at UAUA, CAL, AMR Big boys are buying 'em. |
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Jan 6 2010, 12:06 AM
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Senior Member
1,120 posts Joined: Jul 2006
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QUOTE(debbieyss @ Jan 6 2010, 12:02 AM) I thought DJ will fall about 0.50% but now is only 0.10% wah..LVS continue flying non-stop. Yesterday up 11% and today up another 8%. Totally something freaky news going to come up in near future. |
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Jan 6 2010, 12:23 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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QUOTE(mIssfROGY @ Jan 5 2010, 11:15 PM) they should read your research or others research?...and for tembak...just anything i guess? ur buying price not bad! u sure know how to look for bargain during a mega sale I am a tembak fella...so i am not the best to gib advice..... For me i stick to big names, coz i dun like to read research papers and i am blind to technical charts. I choose shares that i think less chances to die...BP, RAI, X and MOS..BP coz of dividen and i blif oil will go up. X and MOS becoz of growth and commodity. So far...no regrets. Got x at 29, MOS at 35 and BP at 45. ....and of coz i also look at the price & history price when i buy. So i think depends on each personalities i guess...no right and wrong. If your way work, means its the right way liao. maybe can consider the 30 stocks inside dow jones or the strong moat type from reading morningstar thick publish book, which is found in kinokuniya or mph suspek the nex mega sale wil be 10-15 yrs later, maybe health sector gua, since democrats pushing the bill so hard as u say, no right, no wrong from here, we can see so many diff invest / trade styleif make $, its the right way Added on January 6, 2010, 12:32 am QUOTE(debbieyss @ Jan 6 2010, 12:02 AM) I thought DJ will fall about 0.50% but now is only 0.10% dunno le, base on 1 sen observation its earnings season, momo could be try buying stock in anticipation of good earnings since the analyst expectation its on conservative side, they wil rerate it, once earnings really up in meantime, using mega news season for doing a shakeout This post has been edited by sulifeisgreat: Jan 6 2010, 12:32 AM |
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Jan 6 2010, 12:52 AM
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All Stars
10,123 posts Joined: Aug 2007
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We got small caps pulling back tonight but other sectors are moving forward.
Dollar firming up and trading sideways as with Gold and Silver. Shipping stocks like DSX (I'm holding this in my portfolio) and DRYS are also moving up with BDI rising. Oh boy.. feeling tempted to take my profit for TCK now. Hit another 52 weeks high. Update: 1:03am I just took a quick glance at our bad boy: C Surprisingly, it moves! Finally! Closing update: 5:15am Dow 10572.02 -11.94 -0.11% Nasdaq 2308.71 +0.29 +0.01% S&P 500 1136.52 +3.53 +0.31% Not a bad day.. I was hoping for more pullback after hitting highs but didn't happened. All other stocks still on upward trajectory esp. energy and materials. Did you guys watch C? It is moving up again. This post has been edited by danmooncake: Jan 6 2010, 05:18 AM |
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Jan 6 2010, 07:05 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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QUOTE(danmooncake @ Jan 6 2010, 12:52 AM) We got small caps pulling back tonight but other sectors are moving forward. take lah tck profit, dun be greedy Dollar firming up and trading sideways as with Gold and Silver. Shipping stocks like DSX (I'm holding this in my portfolio) and DRYS are also moving up with BDI rising. Oh boy.. feeling tempted to take my profit for TCK now. Hit another 52 weeks high. for my gambling style, other stocks stil holding to it in watchlist, i greedy wan |
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Jan 6 2010, 09:49 AM
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Junior Member
189 posts Joined: Jan 2003
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QUOTE(danmooncake @ Jan 6 2010, 12:52 AM) We got small caps pulling back tonight but other sectors are moving forward. Yea, holding 1000 C @ 3.27. Hopefully it'll continue to moving up.Dollar firming up and trading sideways as with Gold and Silver. Shipping stocks like DSX (I'm holding this in my portfolio) and DRYS are also moving up with BDI rising. Oh boy.. feeling tempted to take my profit for TCK now. Hit another 52 weeks high. Update: 1:03am I just took a quick glance at our bad boy: C Surprisingly, it moves! Finally! Closing update: 5:15am Dow 10572.02 -11.94 -0.11% Nasdaq 2308.71 +0.29 +0.01% S&P 500 1136.52 +3.53 +0.31% Not a bad day.. I was hoping for more pullback after hitting highs but didn't happened. All other stocks still on upward trajectory esp. energy and materials. Did you guys watch C? It is moving up again. |
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Jan 6 2010, 10:03 AM
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All Stars
17,018 posts Joined: Jan 2005
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QUOTE(danmooncake @ Jan 6 2010, 12:52 AM) Did you guys watch C? It is moving up again. Yeah. 2 days still not sucess go in. Thaught will go down to my target price. Instead keep going up. |
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Jan 6 2010, 07:44 PM
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Senior Member
1,741 posts Joined: Mar 2008
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I'm watching C too
TP buy below 3 but it keep on moving up >.< Crossing 2009-2010 new year effect I guess |
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Jan 6 2010, 09:49 PM
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Senior Member
1,345 posts Joined: Sep 2009
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QUOTE(shoduken @ Jan 6 2010, 07:44 PM) I'm watching C too I have little 144 C ($3.30), target price is $4.50.TP buy below 3 but it keep on moving up >.< Crossing 2009-2010 new year effect I guess |
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Jan 6 2010, 10:31 PM
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All Stars
10,123 posts Joined: Aug 2007
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Sold 1/2 of TCK, $1.2K profit.
Taking some profits yeahh.. Market is going to retreat hopefully so I can dig more. This post has been edited by danmooncake: Jan 6 2010, 10:33 PM |
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Jan 7 2010, 12:35 AM
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Senior Member
4,458 posts Joined: Nov 2008 From: Kuala Lumpur
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QUOTE(danmooncake @ Jan 6 2010, 10:31 PM) Sold 1/2 of TCK, $1.2K profit. I hope market will retreat soonest possible..... Taking some profits yeahh.. Market is going to retreat hopefully so I can dig more. |
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Jan 7 2010, 12:46 AM
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Senior Member
1,345 posts Joined: Sep 2009
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QUOTE(danmooncake @ Jan 6 2010, 10:31 PM) Sold 1/2 of TCK, $1.2K profit. if every week like that good, earn $1.2k.. Taking some profits yeahh.. Market is going to retreat hopefully so I can dig more. no need work already.. |
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Jan 7 2010, 01:23 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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wms bought 40.05, close swing trade position 43.04
bought for gambling, call options on clf 'CGJGJ.X' for $7.1, all or nothing, casino style, burn baby burn 
r we heading south? dunno since i not fortune teller so many ah beng & ah lian is also enter with their gang to pasar, sumore got weird advertisment ask to gamble, hav to be careful 
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Jan 7 2010, 01:28 AM
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All Stars
10,123 posts Joined: Aug 2007
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Hey guys,
Anyone watching C ? It looks like it is making a comeback. Perhaps on its way back to $4 soon. Update 4:25am Repurchased back 1/2 of TCK @ 38.70, since already scalped 1.2K for swing trade but I think TCK going to see 40 soon. It looks like ERX is going to 50 'coz of the extreme cold weather in US, therefore I'm holding. I'm watching CDII as well. This Chinese magnesium stock has risen more than 45% last two days. Maybe got opportunity to scalp some trades here. Closing update: Dow 10573.68 +1.66 +0.02% Nasdaq 2301.09 -7.62 -0.33% S&P 500 1136.52 +0.62 +0.05% Note: C has closed above 3.6, looks bullish to me. This post has been edited by danmooncake: Jan 7 2010, 05:45 AM |
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Jan 7 2010, 07:38 AM
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Senior Member
1,139 posts Joined: Nov 2008
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QUOTE(danmooncake @ Jan 7 2010, 01:28 AM) Hey guys, Yes, I'm still with C, buy them at <3.2 earlier & dispose it at 3.6. Still got more when I buy it at 4+ last year. Yeah hope it will cross 4.Anyone watching C ? It looks like it is making a comeback. Perhaps on its way back to $4 soon. |
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Jan 7 2010, 08:21 AM
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All Stars
17,018 posts Joined: Jan 2005
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Yeah, My third day attempt to buy C. But fail. Don't no still can buy on C or not.
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Jan 7 2010, 09:04 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(ozak @ Jan 7 2010, 08:21 AM) Yeah, My third day attempt to buy C. But fail. Don't no still can buy on C or not. Don't chase.. it will come back down 'coz the indexes are top heavy now.During pullback, just buy the dip. If already bought, just hang on and enjoy the ride up. |
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Jan 7 2010, 09:17 AM
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Senior Member
1,345 posts Joined: Sep 2009
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Earning like 10% for C now..
Seems like can use it as second source of income soon. Then can pump in money.. Can we get consistent return? |
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Jan 7 2010, 09:20 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(epalbee3 @ Jan 7 2010, 09:17 AM) Earning like 10% for C now.. Be careful. Never go all in no matter how tempting it is.Seems like can use it as second source of income soon. Then can pump in money.. Can we get consistent return? Win some today, take some off, one will continue to reap more profits tomorrow. Beware of being piggy.. never let the piggy inner self takes over. |
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Jan 7 2010, 09:22 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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C finally moving. Will keep it until it reaches $5.00
Short LVS and MGM again. Let's see how this baby brings me. |
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Jan 7 2010, 09:24 AM
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Senior Member
1,345 posts Joined: Sep 2009
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QUOTE(danmooncake @ Jan 7 2010, 09:20 AM) Be careful. Never go all in no matter how tempting it is. rule of thumb: don't put more 1/4 of your money in the same boat.. Win some today, take some off, one will continue to reap more profits tomorrow. Beware of being piggy.. never let the piggy inner self takes over. wait another round of C dip to go in. C is undervalued at 3.30. Just buy at 3.25-3.25 will get long time gain.. |
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Jan 7 2010, 09:26 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(epalbee3 @ Jan 7 2010, 09:24 AM) rule of thumb: don't put more 1/4 of your money in the same boat.. Right.wait another round of C dip to go in. C is undervalued at 3.30. Just buy at 3.25-3.25 will get long time gain.. I'm looking @ C at 320-330 soon. It seems like last year, start off on a good footing then heading south from there. |
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Jan 7 2010, 07:04 PM
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Senior Member
2,549 posts Joined: Dec 2004 From: Sungai Petani, Kedah
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Just enter URE. But after enter, price drop. So sad.
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Jan 7 2010, 10:07 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(mynewuser @ Jan 7 2010, 07:04 PM) Just enter URE. But after enter, price drop. So sad. Why still buying at the top? |
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Jan 7 2010, 10:22 PM
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Junior Member
53 posts Joined: Dec 2009 From: Nearby
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yeah, why ah?
 it went up like triple already? ~_~ |
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Jan 7 2010, 10:25 PM
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Junior Member
81 posts Joined: Jun 2009
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can anyone comments lyg?
time to enter? |
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Jan 7 2010, 10:36 PM
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Senior Member
1,345 posts Joined: Sep 2009
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wait mgm to drop to 9.20.
Then it is right time buy for middle term. |
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Jan 7 2010, 11:05 PM
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Senior Member
534 posts Joined: Dec 2006
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QUOTE(zamans98 @ Jan 7 2010, 09:22 AM) C finally moving. Will keep it until it reaches $5.00 Hopefully it'll come before CNY. The last time it went all the way up to USD5 I was still sitting on it hoping for it to reach higher. Short LVS and MGM again. Let's see how this baby brings me. Grave mistake. |
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Jan 7 2010, 11:25 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(mH3nG @ Jan 7 2010, 11:05 PM) Hopefully it'll come before CNY. The last time it went all the way up to USD5 I was still sitting on it hoping for it to reach higher. The easiest thing to do is to just BUY a stock.. but knowing when to sell is the key to maximize profits.Grave mistake. Try set your trailing stop to protect your profits next time. |
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Jan 8 2010, 12:03 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(mH3nG @ Jan 7 2010, 11:05 PM) Hopefully it'll come before CNY. The last time it went all the way up to USD5 I was still sitting on it hoping for it to reach higher. yeah, same here. Was expecting it to reach higher than USD5. Missed that period. Then now sitting duck for 4 months, still not moving much. Good thing it bounced a little from 310's. I was firm, not to average it.Grave mistake. Looking at STEC and FUQI. |
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Jan 8 2010, 12:59 AM
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Senior Member
768 posts Joined: Jan 2005
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Talking about MGM and LVS (we all love these 2 over here in LYN), today is one of those rare days that MGM is outperfoming LVS.
MGM up 4.29% vs LVS up 1.55% |
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Jan 8 2010, 01:06 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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LVS target set at 19-20$
Both was upgraded as BUY 3 days back. Now LVS toppish and MGM trying to hit 11. Sold mine for peanut both few days back. Still cheap dollar is a FEAR factor. All "BAD" news are absorbed.. |
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Jan 8 2010, 01:14 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(zamans98 @ Jan 8 2010, 01:06 AM) LVS target set at 19-20$ Both LVS and MGM seems to be still in channel price play until they break out. Both was upgraded as BUY 3 days back. Now LVS toppish and MGM trying to hit 11. Sold mine for peanut both few days back. Still cheap dollar is a FEAR factor. All "BAD" news are absorbed.. If they're toppish, I agree that short is the way to play on the way down. But, you may want to set SL in case they do break out. One never know in this crazy market. I don't have a good feeling about the unemployment numbers coming out tomorrow, this could give a reason for stocks to pullback after the gains since early this week. Therefore, I've trimmed some off at ERX @ 46 yesterday after hours yesterday. Oil is at all time high and this crazy weather hitting US is causing the major spike in energy prices. Hopefully, it may be resilient enough to sustain another leg up before going south. Closing update 5:06am: Dow 10606.86 +33.18 +0.31% Nasdaq 2300.05 -1.04 -0.05% S&P 500 1141.68 +4.54 +0.40% Wow! Another pushed up by the Dow. Look at GE today. This long stagnant stock suddenly got a 5% bump. Nice! This post has been edited by danmooncake: Jan 8 2010, 05:08 AM |
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Jan 8 2010, 07:42 AM
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Senior Member
1,345 posts Joined: Sep 2009
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My Sogotrade does not have trailing stop, buy after market, etc..
Can recommend which US broker is cheap and have all these functions? Because will pump in second batch of money.. Added on January 8, 2010, 7:44 amC only up 1 cents today... This post has been edited by epalbee3: Jan 8 2010, 07:44 AM |
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Jan 8 2010, 10:43 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(epalbee3 @ Jan 8 2010, 07:42 AM) My Sogotrade does not have trailing stop, buy after market, etc.. I'm using TD Ameritrade and it has trailing stops, can hold long and short positions at the same time, Can recommend which US broker is cheap and have all these functions? Because will pump in second batch of money.. Added on January 8, 2010, 7:44 amC only up 1 cents today... Level 2 access, and bunch of other tools for beginners and sophisticated traders. $10 a trade. |
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Jan 8 2010, 02:16 PM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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The Hottest Commodity ETFs Of '09
After free-falling from their bubble highs in 2008, commodities rebounded with gusto alongside stocks last year. Here's an overview of the top nonleveraged commodity ETFs of 2009 and what's driving performance. BarclaysiPath Copper ETN (JJC) rallied 134% in 2009, outperforming all commodities to win back its 54% shave the prior year. But it still trades 18% below its bubble peak from March 2008. It's 6% extended from a 44.95 buy point after a low-volume pullback to its 10-week moving average. Although China, the world's biggest copper consumer, has about 800,000 tons of the red metal on hand, prices will likely remain high in the first half of 2010, according to Scotiabank. "World copper mine expansion was held back in 2007-08, as major mining companies feared that future prices might not yield adequate rates of return, given rapidly escalating mine development costs," the report stated. IPath Lead ETN (LD) vaulted 131% last year, recovering all of its 44% nose dive from 2008. It has formed a four-month saucer base with a possible 67.14 buy point. IPath Nickel ETN (JJN) jumped 80% last year after falling 56% in 2008. It may be forming a handle in a double-bottom base with a possible 29.59 buy point. Nickel, a key stainless steel ingredient, climbed to a two-month high this week even though nickel inventories have risen to hit a record high. Industrial metals followed the stocks higher this year and as the prospects for economic recovery improved, demand for base metals rose, explains Paul Kavanaugh, a commodity analyst with PFGBest.com. He projects commodity prices will follow the lead of stocks well into the second quarter of 2010. Sugar Shortage Bitter for consumers but sweet for traders, iPath Sugar ETN (SGG) rallied 84% last year, after it fell 19% in 2008. It broke out of in December and trades 8% past a 74.18 buy point. The exchange-traded note, which tracks sugar futures, second-highest next to copper and lead among Barclays commodity notes. While food prices have fallen from their bubble highs in mid-2008, sugar prices have continued to climb. Refined sugar prices have shot up 40% since the beginning of 2008. Increased use in place of high-fructose corn syrup, a 10% drop in U.S. beet sugar production in 2008 and 2009, a disruption in refining capacity, a decline in imports from Mexico and U.S. limitations on imports from other countries are likely to drive prices higher in the new year, according to economists with the USDA. The production shortfall sent sugar supplies to a 33-year low. Meanwhile too much rainfall in Brazil (the world's largest producer), poor harvests in India and rising demand for ethanol production drove global sugar prices this year. A Tale Of Two Gases U.S. Gas (UGA) spiked 88% in 2009 but remains 44% below its peak. It tanked 61% the year before. Gasoline supplies are up 2% from a year ago and demand over the past four weeks rose 1.1% from a year ago, according to Dailyfutures. Meanwhile, U.S. Natural Gas (UNG) imploded 56% on top of a 36% loss from 2008 because of abundant supplies and lower demand. The Energy Information Administration estimates that usage dropped 1.9% in 2009 owing to a decrease in industrial usage and warmer-than-normal weather in the Eastern U.S. in November. It projects demand will ease 0.4% in 2010. Production rose by 3.7% in 2009 because of a significant rise in output from onshore shale basins. |
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Jan 8 2010, 07:23 PM
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Senior Member
1,345 posts Joined: Sep 2009
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QUOTE(danmooncake @ Jan 8 2010, 10:43 AM) I'm using TD Ameritrade and it has trailing stops, can hold long and short positions at the same time, so expensive.. Level 2 access, and bunch of other tools for beginners and sophisticated traders. $10 a trade. only suitable for high end trader.. |
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Jan 8 2010, 09:37 PM
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All Stars
10,123 posts Joined: Aug 2007
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I knew it.. jobs numbers are not that good. No improvement at all. Traders are going sell this news.
Who's hiring? Answer:Nobody! Welcome to Jobless Recovery 2010! This post has been edited by danmooncake: Jan 8 2010, 09:42 PM |
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Jan 8 2010, 10:11 PM
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Senior Member
1,345 posts Joined: Sep 2009
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what is the effect of next economic downturn, if any?
property price? then we can buy house at lower price.. Added on January 8, 2010, 10:12 pmAnyone know is there a way to see how many people short for certain stock? This post has been edited by epalbee3: Jan 8 2010, 10:12 PM |
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Jan 8 2010, 10:18 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(epalbee3 @ Jan 8 2010, 10:11 PM) what is the effect of next economic downturn, if any? That already happened last year.property price? then we can buy house at lower price.. Added on January 8, 2010, 10:12 pmAnyone know is there a way to see how many people short for certain stock? |
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Jan 8 2010, 11:04 PM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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market up or down? dunno man
make ur stand & place ur bets, its earnings seasonnow tat, wil be the real kicker below r excerpt from another forum 1) November payrolls were revised to show the economy actually added 4,000 jobs in that month rather than losing 11,000 as initially reported. That's a 15K difference. I can't wait to see what creative accounting they use to expalin the December numbers. Looks like that Job Summit went well.......... 2) This from the CNN story: Perhaps the most encouraging news from December was a 46,5000 net increase in temporary help jobs. Temporary employment is typically seen as a leading indicator of job growth because employers will add part-time workers before they're willing to hire permanent employees. Well, in past years that may have been the case, but with the multiple spectres of 0bamacare, cap and tax, and other nefarious anti-business mischief soon to become reality, my guess is temp jobs are likely going to be "it." 3) The numbers are smoothed for those type of seasonal variations. What -85,000 means is that 85,000 fewer people were hired in December after accounting for the normal season flux of the Christmas. Actually, though, November and December is normally a time of job losses on an unadjusted basis as many seasonal operations (shipping for Christmas, outdoor recreation, outdoor construction, etc.) slow down by October/November, manufacturing takes a holiday for Thanksgiving and Christmas and New Years, etc. The last December with growth in the absolute number of jobs was 1999. 4) "Market" should not be confused with "economy". Market is up on government provided liquidity, anticipation, overweighting of particular "hot" group in the "market" as measured too often by only 30 Dow Industrial stocks (which can be and has been replaced by stronger companies, which makes the "index game" upwardly "rigged" - better to use Russell 2000 / RUT or Wilshire 5000 index, though similar caveats apply) as well as real earnings which are positive due to offshoring and cutting employment. "Market" can also be a financing mechanism for public companies, so government makes every effort to sustain and/or maintain its high level. there is a real earnings recovery - which is one of the big drivers of the "market" - but it actually comes at the expense of real economy and economic recovery. Such environment is not sustainable for very long, especially when federal and state governments make it ever more difficult to start or grow the business, with higher business costs due to taxes, mandates, regulations, minimum wage, unionization, artificially created inflation and so on... [QUOTE] If you don't ask the right questions you may not get the right answers |
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Jan 9 2010, 03:26 AM
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All Stars
10,123 posts Joined: Aug 2007
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Bought back some FUQI 20.60 during open. They got a new business opportunity.
Good news indeed. See this press release: http://finance.yahoo.com/news/FUQI-to-Excl....html?x=0&.v=10 Added on January 9, 2010, 6:04 am Closing Update Dow 10618.19 +11.33 +0.11% Nasdaq 2317.17 +17.12 +0.74% S&P 500 1144.98 +3.29 0.29% Guess what.. the worse than expected unemployment numbers do not matter. Stocks continue higher.. Let see how big this bubble can get. ERX now is flying to moon. This post has been edited by danmooncake: Jan 9 2010, 06:18 AM |
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Jan 9 2010, 09:59 AM
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Senior Member
2,549 posts Joined: Dec 2004 From: Sungai Petani, Kedah
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QUOTE(AnonyNite @ Jan 7 2010, 10:22 PM) yeah, why ah? C also up how many times already since mar 2009 low. it went up like triple already? ~_~ |
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Jan 9 2010, 11:48 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(mynewuser @ Jan 9 2010, 09:59 AM) C also up how many times already since mar 2009 low. C has much more opportunities to go even higher. Just buy the dip and hold C. US govt won't let it fail. |
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Jan 9 2010, 12:51 PM
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Senior Member
1,345 posts Joined: Sep 2009
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the reasonable price to bid should be <3.30 for safe.
I guess it will have the chance to go until 5.50 for long term. By the way, I am going to pump in money end of the month. Either up or down, we will be able to long and short. Do you think Sogotrade is ok? should I change to other broker? |
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Jan 9 2010, 11:45 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(epalbee3 @ Jan 9 2010, 12:51 PM) Do you think Sogotrade is ok? should I change to other broker? I thought you just complained Sogotrade does not have trailing stop or after hours trading?What about execution? Fast? Slow? Well, only you know what you need. But, I'm telling you and I do like TD Ameritrade. Fastest execution, no issue with after hours orders, customized orders, and I'm with ok the transaction fees 'coz I make it back easily. This post has been edited by danmooncake: Jan 9 2010, 11:46 PM |
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Jan 10 2010, 12:50 AM
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Senior Member
1,345 posts Joined: Sep 2009
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QUOTE(danmooncake @ Jan 9 2010, 11:45 PM) I thought you just complained Sogotrade does not have trailing stop or after hours trading? Ameritrade is good, but fee a bit high.What about execution? Fast? Slow? Well, only you know what you need. But, I'm telling you and I do like TD Ameritrade. Fastest execution, no issue with after hours orders, customized orders, and I'm with ok the transaction fees 'coz I make it back easily. I might use just2trade, as recommended by zaman. |
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Jan 10 2010, 05:35 PM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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my watchlist @ gambling portfolio everything on track, since none reach cut loss level oso its estimated earnings due date *hog, 23/1/10, <50 & >200ma, stil tidur vwdry, 28/1/10, <50&200ma, ^**stil tidur gci, 30/1/10, >50&200ma, ^ok on track *rgr, 24/2/10, <50&200ma, ^stil tidur clf & CGJGJ.X , 25/2/10, >50&200ma, ^**ok on track *tlvt, 26/2/10, >50&200ma, ^**~ok on track vnr, 5/3/10, >50&200ma, ^~ok on track bont, 11/3/10, >50&200ma, ^~ok on track hitk, 11/3/10, >50&200ma, ^~ok on track ks, 16/3/10, >50&200ma, **stil tidur *heat, 18/3/10, >50&200ma, **~ok on track gol, 20/3/10, >50&200ma, ^~ok on track caas, 26/3/10, >50&200ma, ^~**ok on track sgg is etf, no earnings date » Click to show Spoiler - click again to hide... «
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Jan 11 2010, 10:04 PM
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Senior Member
1,345 posts Joined: Sep 2009
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C premarket is higher...
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Jan 11 2010, 10:28 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(epalbee3 @ Jan 11 2010, 10:04 PM) C premarket is higher... Remember, don't chase. Play some other stocks while think about this one in the background.This week, market will surge higher. Buy dips during pullback. Sure way to win. |
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Jan 11 2010, 10:41 PM
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Senior Member
1,345 posts Joined: Sep 2009
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I feel C will pass 4.00 soon.
Holding some now since 3.30. Added on January 11, 2010, 11:39 pmSold 144 C at 3.65. Earned USD 50. This post has been edited by epalbee3: Jan 11 2010, 11:39 PM |
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Jan 12 2010, 01:01 AM
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All Stars
10,123 posts Joined: Aug 2007
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Oil going into volatility mode again, therefore I'm day trading again.
Sold 1/2 ERX @ 47.50 during open. Repurchase back @ 45.50 30 mins ago for $2 play. $1K profit for this brief pullback. Hopefully, ERX will get to $50 by next week. Looks like everyone piling into commodities before Alcoa reports later. MGM players: Did you guys see that pop? Looks like a break out to me. Shorts be careful here. Closing update: Dow 10663.99 +45.80 +0.43% Nasdaq 2312.41 -4.76 -0.21% S&P 500 1146.98 +2.00 +0.17% This post has been edited by danmooncake: Jan 12 2010, 05:30 AM |
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Jan 12 2010, 09:16 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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Crazy MGM. Sold at 9.85, now breaks 11.15. Gila.
AA is not as attractive in price, as traders already factored in the good report. For UYG, it moved by 70cts in less than 2 weeks. Duh! Missed it. |
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Jan 12 2010, 09:25 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(zamans98 @ Jan 12 2010, 09:16 AM) Crazy MGM. Sold at 9.85, now breaks 11.15. Gila. Poor AA, they didn't make it.AA is not as attractive in price, as traders already factored in the good report. For UYG, it moved by 70cts in less than 2 weeks. Duh! Missed it. http://www.nytimes.com/2010/01/12/business...er=yahoofinance After hours tanked badly. |
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Jan 12 2010, 02:10 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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 See the top volume, taking that, I believe C is good for 4$ |
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Jan 12 2010, 06:36 PM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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i m curious, did anyone ever make $ trading from salvador dali or martin wong? or attended their seminars? » Click to show Spoiler - click again to hide... «
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Jan 12 2010, 08:38 PM
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Senior Member
534 posts Joined: Dec 2006
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QUOTE(zamans98 @ Jan 12 2010, 02:10 PM) See the top volume, taking that, I believe C is good for 4$ Hopefully it'll come early because if Alcoa's results is anything to go by, the market might just tumble due to poor earnings. Alcoa Results Hit Futures QUOTE(sulifeisgreat @ Jan 12 2010, 06:36 PM) i m curious, did anyone ever make $ trading from salvador dali or martin wong? or attended their seminars? Maybe we should create a virtual portfolio and track their recommendations but it'll be difficult to carry out as they usually don't tell you when to sell it. I notice that whenever salvador recommends any share, that particular share will see a significant movement.» Click to show Spoiler - click again to hide... « This post has been edited by mH3nG: Jan 12 2010, 08:44 PM |
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Jan 12 2010, 08:44 PM
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Senior Member
1,345 posts Joined: Sep 2009
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C Pre-market low today.
Dip will be for a few days. Hope can get some cheap stock.. Added on January 12, 2010, 8:55 pmI also guess it is time to short MGM soon. 11.45 at pre-market has been too high.. This post has been edited by epalbee3: Jan 12 2010, 08:55 PM |
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Jan 12 2010, 09:42 PM
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Junior Member
81 posts Joined: Jun 2009
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QUOTE(zamans98 @ Jan 12 2010, 09:16 AM) Crazy MGM. Sold at 9.85, now breaks 11.15. Gila. sold mgm at 11.26 yesterday. AA is not as attractive in price, as traders already factored in the good report. For UYG, it moved by 70cts in less than 2 weeks. Duh! Missed it. thought sold at good price. siapa tau?? |
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Jan 12 2010, 09:58 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(syong @ Jan 12 2010, 09:42 PM) sold mgm at 11.26 yesterday. Very good, I sold at 9.85.. thought sold at good price. siapa tau?? Trailing stop kicks in but later off low and never looked back.Market got hit by AA and Chevez's currency devaluation. Time to scoop some good and healthy shares and ETFs. |
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Jan 12 2010, 10:28 PM
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All Stars
10,123 posts Joined: Aug 2007
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Sold all my ERX for near $4.5K profit after holding it for nearly 1 1/2 weeks.
It looks like the cold weather has subsided in US and Oil is now dropping. Hopefully, we are going to get some decent pullback today. |
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Jan 12 2010, 10:42 PM
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Senior Member
1,345 posts Joined: Sep 2009
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Good.. I will buy C again when It drops below 3.30 again..
Red everywhere.. |
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Jan 12 2010, 10:49 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(danmooncake @ Jan 12 2010, 10:28 PM) Sold all my ERX for near $4.5K profit after holding it for nearly 1 1/2 weeks. wow, u best run profit since I get to know u. Congrats. It looks like the cold weather has subsided in US and Oil is now dropping. Hopefully, we are going to get some decent pullback today. |
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Jan 12 2010, 11:06 PM
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All Stars
10,123 posts Joined: Aug 2007
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This dip won't last. I'm ready to pull the buy trigger again to ride up.
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Jan 12 2010, 11:36 PM
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Senior Member
1,345 posts Joined: Sep 2009
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time to short MGM..
too high.. |
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Jan 12 2010, 11:53 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(epalbee3 @ Jan 12 2010, 11:36 PM) time to short MGM.. looking very solid, both LVS and MGM. I got huge negative on LVS, short. too high.. |
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Jan 13 2010, 01:00 AM
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Senior Member
768 posts Joined: Jan 2005
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MGM got upgraded to buy from Goldman. That's why the stock is flying now.
I'm still holding some from the time 9 dollars plus, yay! Time to offload soon. |
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Jan 13 2010, 01:59 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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QUOTE(mH3nG @ Jan 12 2010, 08:38 PM) Maybe we should create a virtual portfolio and track their recommendations but it'll be difficult to carry out as they usually don't tell you when to sell it. I notice that whenever salvador recommends any share, that particular share will see a significant movement. thanx for the info. no students here to defend them? i think i got the mesej » Click to show Spoiler - click again to hide... «
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Jan 13 2010, 03:06 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(epalbee3 @ Jan 12 2010, 10:42 PM) Good.. I will buy C again when It drops below 3.30 again.. C needs to break support at 3.4 first. That's another leg down and it won't happens ifRed everywhere.. the banks are reporting positive earnings this 4th quarter. Closing update: Dow 10627.26 -36.73 -0.34% Nasdaq 2282.31 -30.10 -1.30% S&P 500 1136.22 -10.76 -0.94% A bit of a pullback only. No biggie. But, look at MGM, I'm surprised at this upgrade. This may trigger shorts to cover or squeeze for a few more days. This post has been edited by danmooncake: Jan 13 2010, 06:28 AM |
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Jan 13 2010, 08:03 AM
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Senior Member
1,345 posts Joined: Sep 2009
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C drops to 3.52, the dip might continue for a few days..
MGM is exceptionally high. See how high it can fly before shorting it. |
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Jan 13 2010, 10:34 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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[quote=danmooncake,Jan 13 2010, 03:06 AM]
But, look at MGM, I'm surprised at this upgrade. This may trigger shorts to cover or squeeze for a few more days. [/quote] MGM is exceptionally high. See how high it can fly before shorting it. [/quote] I think it is a conspiracy to make money for some quarters. In this case, most analyst put TP circa 10$. Suddenly monkeys at GS upgrade to BUY. MGM don't have much future, depending solely on Las Vegas only. LVS, WYNN are much better, have business outside US. I see same trend in AMD, NVDA and INTC - some "BAD" news, all sell and some1 pickup quickly and push the price through after few days. Taking that into account, I placed x250 on AA for TP 17 |
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Jan 13 2010, 09:53 PM
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Junior Member
53 posts Joined: Dec 2009 From: Nearby
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so shocked mgm flew just becoz GS upgraded it to $16. so will it really reach 16? XD
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Jan 13 2010, 10:14 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(AnonyNite @ Jan 13 2010, 09:53 PM) so shocked mgm flew just becoz GS upgraded it to $16. so will it really reach 16? XD Don't be fooled by them. GS are crooks. They're long before the upgrade, and short after the upgrades.Once it has gone out of price range, wait for it to settle and see if the price support can form a base first, otherwise you'll be trapped. |
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Jan 13 2010, 10:25 PM
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Junior Member
53 posts Joined: Dec 2009 From: Nearby
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haha k, thx a lot for the info ^^, i'm just a bystander in mgm, just looking for opportunity to short if any. XD
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Jan 13 2010, 10:47 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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I'm already SHORTED LVS. China is going to explode soon. Will the 3rd biggest economy melt down?
Take note that LONG interest in U.S. Dollar Bullish (UUP) is skyrocketing. Means will the interest rate inch up this month?? |
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Jan 13 2010, 10:57 PM
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All Stars
10,123 posts Joined: Aug 2007
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China banks are pulling back and their market is going to implode actually. SSI is like a 3x ETF.
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Jan 13 2010, 11:10 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(danmooncake @ Jan 13 2010, 10:57 PM) China banks are pulling back and their market is going to implode actually. SSI is like a 3x ETF. Hmm, scary ETF. 3x sume more.Q Buying another batch of AA (15.40). Will buy again tomolo after the news. -Core Retail Sales m/m -Retail Sales m/m - Unemployment Claims BAIDU up a lot. |
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Jan 13 2010, 11:19 PM
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Junior Member
53 posts Joined: Dec 2009 From: Nearby
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BAIDU up coz of google pull out claim i think. XD
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Jan 13 2010, 11:27 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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Finally LVS back to where it belongs, 16-17$
Added on January 13, 2010, 11:36 pm  Looks at the seller, willing to dump at any price...? Google pulling out from China market, and now gives way to BAIDU to conquer it. Too much restriction for American company. Can't really fight baidu. Strategy - Retreat, and re-attack few months/year later. This post has been edited by zamans98: Jan 13 2010, 11:39 PM |
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Jan 13 2010, 11:38 PM
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All Stars
10,123 posts Joined: Aug 2007
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I think we are going to cycle down this time around. A lot more negative news in the market now than anticipated.
Let see if we can pull back to 10500 or S&P 1025 and if so, just buy some at that level. Added on January 13, 2010, 11:48 pmAs for GOOG, It is a no win situation for them, therefore, they have to abandon the plan for now. Their core ideals back at home office in conflict with their business plan in China. If they need to succeed, they must play the Chinese chess, and align themselves with dictatorial China perhaps under a different company name altogether. They have play with the evil dictator because the freedom of expression and thoughts does not exist in China. Same goes for any other companies that wish to play in China. For example: YHOO, they've been there and they knew it, and they regretted what they did but can't help it. China forced their hands. Can't escape the facist capitalist govt for now. One has to be evil and control all information to play in China. Closing update: Dow 10680.77 +53.51 +0.50% Nasdaq 2307.90 +25.59 +1.12% S&P 500 1145.68 +9.46 +0.83% Whoa! This market isn't giving the bears any chance of a decent pullback yet. This post has been edited by danmooncake: Jan 14 2010, 06:11 AM |
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Jan 14 2010, 09:56 PM
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Senior Member
1,345 posts Joined: Sep 2009
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no stock to buy today.. all too high already..
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Jan 14 2010, 10:12 PM
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Senior Member
2,711 posts Joined: Sep 2005
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buy high, sell higher
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Jan 14 2010, 10:24 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(wlcling @ Jan 14 2010, 10:12 PM) buy high, sell higher Buy high, becomes bag holder. Anyway, it will start to pullback soon for people to jump it. We got worse than expected retail data, worse than expected initial claims.. Oil going lower with better weather and higher inventory. This gotta to pullback. Investors at this level will want to take some off for profits. |
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Jan 14 2010, 10:45 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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What da fak. Nothing changed. Market absorbed the news like its nothing.
Really shitty market. What the heck they are thinking? With bids due tomorrow and 12 firms that are interested, sources say not a single bid has come in yet for MGM. Some potential bidders withdrew, others are hesitating over a confidentiality agreement - either way it's bad news for studio owners and MGM's $3.7B in debt MGM up 25cts?? What the fcuk goin on? LAB up, EK up. |
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Jan 14 2010, 11:18 PM
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Senior Member
1,345 posts Joined: Sep 2009
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MGM has been too high. Too risky.
I will wait C to drop to 3.30 before stock in. |
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Jan 15 2010, 02:54 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(epalbee3 @ Jan 14 2010, 11:18 PM) MGM has been too high. Too risky. This market isn't pulling back to allow C to dip, infact it is going higher.I will wait C to drop to 3.30 before stock in. Gotta be patient there. Just continue to ride up on your long stocks for now. |
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Jan 15 2010, 04:01 AM
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Junior Member
369 posts Joined: Sep 2005 From: KL
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hi all, long time no see.
i am still holding LVS since last reply here. Hope to see it reaches to $20 soon. |
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Jan 15 2010, 05:37 AM
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All Stars
10,123 posts Joined: Aug 2007
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Closing Update
Dow 10610.55 +29.78 +0.28% Nasdaq 2316.74 +8.84 +0.38% S&P 500 1148.46 +2.78 +0.24% All time high again... No pullback.. just too much dip buyers. Early morning gap were quickly filled.With INTC exploding earnings, it may rally even higher tomorrow. This post has been edited by danmooncake: Jan 15 2010, 05:39 AM |
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Jan 15 2010, 08:31 AM
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Senior Member
1,954 posts Joined: May 2008 From: Penang
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QUOTE(danmooncake @ Jan 15 2010, 05:37 AM) Closing Update DMC - Dow is 10710.55, not 10610.55 Dow 10610.55 +29.78 +0.28% Nasdaq 2316.74 +8.84 +0.38% S&P 500 1148.46 +2.78 +0.24% All time high again... No pullback.. just too much dip buyers. Early morning gap were quickly filled.With INTC exploding earnings, it may rally even higher tomorrow. |
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Jan 15 2010, 08:46 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(cloud9_lee @ Jan 15 2010, 04:01 AM) hi all, long time no see. wat was ur entry price? I'm LVS short.i am still holding LVS since last reply here. Hope to see it reaches to $20 soon. QUOTE(VyvernS @ Jan 15 2010, 08:31 AM) DMC - Dow is 10710.55, not 10610.55 Okay loh, good for short traders. Added on January 15, 2010, 10:24 pmhttp://forexmagnates.com/goodbye-us-forex-industry/ Goodbye US Forex industry This post has been edited by zamans98: Jan 15 2010, 10:24 PM |
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Jan 15 2010, 10:56 PM
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Junior Member
53 posts Joined: Dec 2009 From: Nearby
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wah, this stock LEAP is the most volatile stock i've seen so far. XD
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Jan 15 2010, 11:11 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(AnonyNite @ Jan 15 2010, 10:56 PM) wah, this stock LEAP is the most volatile stock i've seen so far. XD is that? hmm, never noticed, just checked the chart. But nothing near FUQI. ERX, FAZ, AIG, LVS. Check on the day range. Cheap sale. Lelong lelong.. |
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Jan 15 2010, 11:56 PM
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Senior Member
1,345 posts Joined: Sep 2009
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It is downside again for a few days, at least for C..
Next week can start to pick cheap C when < 3.30. |
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Jan 16 2010, 12:39 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(epalbee3 @ Jan 15 2010, 11:56 PM) It is downside again for a few days, at least for C.. nah, not really down. 8 session, 2 down (small), only today more than 100 points.Next week can start to pick cheap C when < 3.30. DMC got magic, he went to the future and predict : Closing Update Dow 10610.55 +29.78 +0.28% (DMC's update ....) |
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Jan 16 2010, 12:48 AM
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Senior Member
1,345 posts Joined: Sep 2009
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haha.. just want to collect at lower.. <$3.30
My investment strategy changes, will only sapu those undervalued stocks and wait for it to raise. For me, MGM and LVS are now too high about 20% of their suitable prices. So will wait for it to drop first. MGM < $10 only I will enter.. |
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Jan 16 2010, 01:38 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(epalbee3 @ Jan 16 2010, 12:48 AM) haha.. just want to collect at lower.. <$3.30 yeah, im with you on MGM and LVS. MGM <10USD, LVS <16My investment strategy changes, will only sapu those undervalued stocks and wait for it to raise. For me, MGM and LVS are now too high about 20% of their suitable prices. So will wait for it to drop first. MGM < $10 only I will enter.. |
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Jan 16 2010, 01:40 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(zamans98 @ Jan 16 2010, 12:39 AM) nah, not really down. 8 session, 2 down (small), only today more than 100 points. Gosh..I wasn't even aware I teleported into future. LOL! DMC got magic, he went to the future and predict : Closing Update Dow 10610.55 +29.78 +0.28% (DMC's update ....) Damn. I could have shorted big time. Anyway, I think we got a gift today if some of you wanted to get in during the pullback. Look at the banks: JPM, C, BAC, WFC all are pulling back. I guess I'm right on the ball on Energy. I would like to see Oil drops to 75 and then I'll go back into ERX. We may need two more or days like this. Hopefully, ERX can re-test 40 or low 38 (maybe next week). Closing update (5:20am) Dow 10609.65 -100.90 -0.94% Nasdaq 2287.99 -28.75 -1.24% S&P 500 1136.03 -12.43 -1.08% Ahh nice.. a 3 digit pullback. Oh well. that's a start. Hopefully, we 'll get more next Tuesday evening when the market resumes. Monday evening I'm off too. My call center celebrating US MLK holiday as well.. This post has been edited by danmooncake: Jan 16 2010, 05:26 AM |
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Jan 16 2010, 10:14 PM
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Senior Member
768 posts Joined: Jan 2005
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Fuh, just came back from a 4 day holiday and so much stock movements.
Kinda regret setting my order for MGM as "good for day" only. looks it might slide further coupled with a US Holiday this monday, anything can happen. |
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Jan 18 2010, 11:18 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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dun u jus luv opex day or the few days movement b4 it dunno izit a shakeout? but exited swing trade vwdry (b:19.35 s:21.04) & rgr (b:10.18 s:11.04) did not add any new position & jus riding my current holdings + waiting exit signs though some of them seems to be in gostan mode especially hitk & vnr... bracing for impact on 50ma or hav to cut loss 
funi comments from another forum “The banks are not hoarding cash they are loaning it all to government. Buying bonds. Then borrowing more from the federal reserve at .25% and buying bonds at 3%. There is a wild man in charge and this is the safest bet they could find." The banks know they will be punished further if they don’t cought it up and buy more bonds. They know this government will do what it can to put them “fat cat bankers” out of business, they minimize risk, in their view, by buying government debt. The government knows that they need to sell more bonds in order to spend more debt. The fed loans it to the banks at .25% and they buy bonds at 3%, giving the government mo’ money. Government is wasting it and stealing it. The result is the same, of course. No loans. 
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Jan 19 2010, 08:55 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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Lucky no trade last nite due to MLK holiday. Else we could see some swings in few of the popular counters and ready to make some profit.
Future is GREEN but this does not mean the day itself will be green |
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Jan 19 2010, 09:59 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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QUOTE(zamans98 @ Jan 19 2010, 08:55 AM) Lucky no trade last nite due to MLK holiday. Else we could see some swings in few of the popular counters and ready to make some profit. Future is GREEN but this does not mean the day itself will be green 
http://hotair.com/archives/2010/01/18/brow...-d-c-on-friday/ http://online.wsj.com/article/SB1000142405...1604106924.html http://prescriptions.blogs.nytimes.com/201...ner=rss&emc=rss understand some of u dun like politiks, but in reality, their policies does affect the pasar, learn to trade with it a lose by team obama tis tuesday, may scuttle health care plan, as no 60 seat majority now, wil the market react positively or negatively to the election result u wil know soon..here r the gamblers gamble 
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Jan 19 2010, 03:30 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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sulifeisgreat, wow. Nice info.
Gracias. I will look into that. As usual, hope to see LVS @ 16 so that I can LONG it again. MGM @ 9.75-10 |
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Jan 19 2010, 09:49 PM
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Senior Member
534 posts Joined: Dec 2006
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Futures are getting hammered due to Citi's loss.
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Jan 19 2010, 10:10 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(mH3nG @ Jan 19 2010, 09:49 PM) Futures are getting hammered due to Citi's loss. suddenly my portfolio down by 1/2K due to C.. UNG is now looking attractive. RBS gila again. CFL +32%. GNVC +16%. TGB +14%. KEP +12%. NLST +10%. WMB +8%. DSCO +8%. TSEM +6% |
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Jan 19 2010, 10:27 PM
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All Stars
10,123 posts Joined: Aug 2007
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Some of us been calling for C to pullback for over 2 weeks now so that they can get in low $3.
Now, I think we got it. |
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Jan 19 2010, 10:40 PM
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Senior Member
1,173 posts Joined: Apr 2005 From: Port Dickson
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quick question, dividend from the company, are we tax by their government or ours for receiving it.?
thanks. |
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Jan 19 2010, 10:47 PM
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All Stars
17,018 posts Joined: Jan 2005
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C drop to my target price. Now Q for 3.30.
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Jan 19 2010, 10:52 PM
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Senior Member
2,155 posts Joined: May 2005
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wow market no reaction one....lol
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Jan 19 2010, 10:52 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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wow, everything is back to on the track for 11,000.
Added on January 19, 2010, 11:03 pmduh, C cannot chase, now unchanged.??? KNN.. This post has been edited by zamans98: Jan 19 2010, 11:03 PM |
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Jan 19 2010, 11:10 PM
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Senior Member
1,345 posts Joined: Sep 2009
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Nearly time to enter C already...
Added on January 19, 2010, 11:12 pmaiyah.. I missed the cheap C at 3.30.. I was working until just now.. Added on January 19, 2010, 11:14 pmSet to buy C at 3.31 (156 shares). Added on January 19, 2010, 11:18 pmMiss the boat already... This post has been edited by epalbee3: Jan 19 2010, 11:18 PM |
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Jan 19 2010, 11:40 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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AA anyone?
Placing order x500 @ 15.55. Hope to get it. Anytime turn ugly, can HOLD . Where is our taikor? ERX? FUQI? TCK?? |
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Jan 20 2010, 12:20 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(zamans98 @ Jan 19 2010, 11:40 PM) AA anyone? I'm playing the following and nipping XPP.Placing order x500 @ 15.55. Hope to get it. Anytime turn ugly, can HOLD . Where is our taikor? ERX? FUQI? TCK?? ERX - ready to buy some when Oil near $75/$76 FUQI - nothing for now, will watch Gold price. TCK - holding a HUGE load, I need to lighten up when we get to 41. TNA - holding small batch around $45. XPP - bought a small batch last week, was hoping for more. Use FXI as gauge. China is coming back - their govt won't fail their economy - they just want to cool it down. Closing update: Dow 10725.43 +115.78 +1.09% Nasdaq 2320.40 +32.41 1.42% S&P 500 1150.23 +14.20 +1.25% For those who have been watching and praying for C to pullback so that you can get in, you got it today at 3.30. If you missed it, sorry, try again next time. This post has been edited by danmooncake: Jan 20 2010, 05:18 AM |
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Jan 20 2010, 06:50 AM
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Junior Member
53 posts Joined: Dec 2009 From: Nearby
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QUOTE(danmooncake @ Jan 20 2010, 12:20 AM) For those who have been watching and praying for C to pullback so that you can get in, kakaka, still got next time meh. XD now fly all the way up. ;Pyou got it today at 3.30. If you missed it, sorry, try again next time. |
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Jan 20 2010, 08:23 AM
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All Stars
17,018 posts Joined: Jan 2005
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Miss the boat for C. By the time see it at 3.30, already late to enter. Will try again next round.
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Jan 20 2010, 12:06 PM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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QUOTE(danmooncake @ Jan 14 2010, 10:24 PM) Buy high, becomes bag holder. I luv new highs, at times, it means no overhead resistance provided breakout with volume of coz, shit may happen, if it does, cut loss lo 
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Jan 20 2010, 03:51 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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China central bank restrict lending to cool off the market?
DJIA futures now -36. Nice |
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Jan 20 2010, 07:19 PM
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Junior Member
53 posts Joined: Dec 2009 From: Nearby
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QUOTE(zamans98 @ Jan 20 2010, 03:51 PM) DJIA futures now -36. Nice yes, nice~ i got short a bit, hehe. XD |
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Jan 20 2010, 08:57 PM
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Junior Member
127 posts Joined: Jun 2009
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hope citigroup will be back in black in 2010! the saudi prince is going to sell his stake if it still doesn't perform in 2010, this will drive down the price
anyone looking at berkshire class B share split? around 63 dollars after the split (should there be a split) |
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Jan 20 2010, 09:53 PM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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QUOTE(zamans98 @ Jan 20 2010, 03:51 PM) China central bank restrict lending to cool off the market? cramer effect, he likes to bring followers to holland DJIA futures now -36. Nice some trade against his selection http://www.businessinsider.com/jim-cramer-...ey-loses-2010-1 wil futures be as same as actual closing? place ur bets I no new position, jus riding... |
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Jan 20 2010, 10:12 PM
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Junior Member
127 posts Joined: Jun 2009
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wah this cramer is unbelievable
In September 28, 2009, Cramer told subscribers to buy CIT. One month later the company went bankrupt. In this speech, Cramer recommended 10 stocks and went on to say "I wouldn't own any other stocks in the year 2000". By 2009, all of the mentioned companies have either gone out of business, have been taken over by competitors or trade at fractions of their 2000 stock price. etc etc Market professionals consider Cramer one of the most reliable contrarian indicators in the business. thanks for the humor sulifeisgreat |
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Jan 20 2010, 10:27 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(motolola @ Jan 20 2010, 10:12 PM) wah this cramer is unbelievable At times, I watch Cramer show.. very funny. In September 28, 2009, Cramer told subscribers to buy CIT. One month later the company went bankrupt. In this speech, Cramer recommended 10 stocks and went on to say "I wouldn't own any other stocks in the year 2000". By 2009, all of the mentioned companies have either gone out of business, have been taken over by competitors or trade at fractions of their 2000 stock price. etc etc Market professionals consider Cramer one of the most reliable contrarian indicators in the business. thanks for the humor sulifeisgreat Just trade against his recommendation the next day. His followers buy the stock, you sell it high or short to make money. |
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Jan 20 2010, 11:09 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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Bought STEC @ 17.15 for short-term. The hoohah around it is still a mystery.
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Jan 20 2010, 11:22 PM
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Senior Member
1,345 posts Joined: Sep 2009
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dip again.. wait C to drop to 3.30..
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Jan 20 2010, 11:49 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(epalbee3 @ Jan 20 2010, 11:22 PM) dip again.. wait C to drop to 3.30.. Don't wait, just Q it. By the time you login, it may already happened. Good luck!This pullback is another gift. Watching Oil/Energy, Small Caps and China.. Update: Overnight, China market dropped 3%. That's like 3x ETF. Now, Dow -180 points... S&P500 -18 To add the negative news, a Republican senator won the race in Massachusetts, therefore market also wants sell the news! Crazy huh? This post has been edited by danmooncake: Jan 21 2010, 12:08 AM |
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Jan 21 2010, 12:08 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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duh, bad news. Bought another batch of STEC @ 16.70.
DOG jones is nearing -200pts |
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Jan 21 2010, 12:09 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(zamans98 @ Jan 20 2010, 11:09 PM) Bought STEC @ 17.15 for short-term. The hoohah around it is still a mystery. Nice, I'm going to nip some STEC at 16.65 for short term as well |
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Jan 21 2010, 12:10 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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Jan 21 2010, 12:11 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(zamans98 @ Jan 21 2010, 12:10 AM) Yes, overnight Shanghai market fell 3% because Chinese Govt wants to pullback lending.Added on January 21, 2010, 12:14 am QUOTE(motolola @ Jan 20 2010, 08:57 PM) ... If they do split, I'll buy them. Berkshire shares are well sought after and they will go higher.anyone looking at berkshire class B share split? around 63 dollars after the split (should there be a split) This post has been edited by danmooncake: Jan 21 2010, 12:14 AM |
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Jan 21 2010, 12:22 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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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. 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?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. |
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Jan 21 2010, 12:37 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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QUOTE(motolola @ Jan 20 2010, 10:12 PM) wah this cramer is unbelievable at least now forumers hav some idea on the stock to buy or short, anyone can link us to cramer picks In September 28, 2009, Cramer told subscribers to buy CIT. One month later the company went bankrupt. In this speech, Cramer recommended 10 stocks and went on to say "I wouldn't own any other stocks in the year 2000". By 2009, all of the mentioned companies have either gone out of business, have been taken over by competitors or trade at fractions of their 2000 stock price. etc etc Market professionals consider Cramer one of the most reliable contrarian indicators in the business. thanks for the humor sulifeisgreat buy the dip time? but i plan to reduce my riding stock holdings to a minimum within tis 2 months or maybe cut loss so no buying for me & wil retake a look again around march2010 guess klse lyn wil hav excitement tomolo Stocks’ Losses Accelerate 11:15 a.m. Update: The major indexes' losses grew in late-morning trade Wednesday, as a rising dollar weighed on commodities prices. The market also was struggling with spotty bank earnings and concerns over slowing Chinese bank lending. The S&P 500 slid 1.6%, the Dow 1.4%, the Nasdaq 1.8% and the NYSE composite 2%. Volume swelled across the board. It rose 7% on the NYSE and 23% on the Nasdaq compared with the same period Tuesday. Jaguar Mining (JAG) skidded 7% in four times its typical turnover. The gold exploration and production company slashed through its 50-day moving average after reporting a fourth-quarter profit that fell short of Wall Street views. Inergy (NRGY) slid 3% in heavy trade. The propane distributor priced an offering of 5 million shares of common stock at $36.25 a share. On the upside, Cree (CREE) rocketed 16% in gigantic volume. The maker of power switches, RF devices and other electronics reported fiscal second-quarter earnings of 38 cents a share, blowing past estimates of 30 cents. Cree's stock reached its highest point since September 2000. Market Tumbles In Early Trade 10:15 a.m. Update: Stocks opened sharply lower Wednesday, on mixed earnings results from banks and growing concern over China's plans to curb bank lending. The S&P 500 slid 0.9%, the Dow 1.1%, the Nasdaq 1% and the NYSE composite 1.5%. Volume swelled across the board. It rose 4% on the NYSE and 31% on the Nasdaq compared to the same period Tuesday. China Automotive Systems (CAAS) fell 3% in heavy volume. The Chinese auto parts maker sits 23% off its Jan. 11 peak. The stock has found support above its 50-day moving average. Hi-Tech Pharmacal (HITK) tumbled 6% in brisk trade. The drug maker has also staged a sharp pullback to near its 50-day line. On the upside, Aegean Marine Petroleum (ANW) rose 2% in huge turnover. The supplier of refined marine fuel gapped down at Wednesday's market open after announcing a public offering of 3.9 million shares of common stock. But the stock quickly rebounded into the black » Click to show Spoiler - click again to hide... «
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Jan 21 2010, 12:41 AM
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Senior Member
768 posts Joined: Jan 2005
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Watch out on STEC. 16 may still be a little high imho.
Will need to watch earnings report on both STEC and EMC (stec sells alot to emc). |
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Jan 21 2010, 12:54 AM
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Senior Member
1,345 posts Joined: Sep 2009
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DOW -200 points..
big dip will continue a few days.. |
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Jan 21 2010, 01:02 AM
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All Stars
10,123 posts Joined: Aug 2007
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TCK is not pulling back as much I want it to be so I can grab more.
Anyway, for those of you who wants to play some cheaper mining stocks. I'm looking at HL right now and buying some at this level. HL is a much cheaper play for Gold and Silver mining. Good luck! Update: 2:40am I'm in HL @ 5.80 Closing update: Dow 10603.15 -122.28 -1.14% Nasdaq 2291.25 -29.15 -1.26% S&P 500 1138.04 -12.19 -1.06% Feels like Deja Vu here.. ain't it? This post has been edited by danmooncake: Jan 21 2010, 05:29 AM |
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Jan 21 2010, 06:39 AM
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Junior Member
53 posts Joined: Dec 2009 From: Nearby
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QUOTE(danmooncake @ Jan 21 2010, 12:11 AM) 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. |
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Jan 21 2010, 08:08 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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QUOTE(AnonyNite @ Jan 21 2010, 06:39 AM) yeah, everyone should go for BRKB, it'll go up right after split. XD tis one I oso buy la as a gift for cucu, so no benefit to me anyone bought the dip? here is a swing trade for gambling consideration 
sgg is doing fine new high again
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Jan 21 2010, 08:19 AM
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Junior Member
53 posts Joined: Dec 2009 From: Nearby
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QUOTE(sulifeisgreat @ Jan 21 2010, 08:08 AM) tis one I oso buy la as a gift for cucu, so no benefit to me 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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Jan 21 2010, 08:35 AM
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All Stars
10,123 posts Joined: Aug 2007
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You guys are kidding me.. BRKB for cucu or son?
Nah... for myself.. me, mine.. my preciousssssss.. |
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Jan 21 2010, 10:24 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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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. BRK.B better when economy recovers, in long term, as the underlying shares are solid (for now). Consider it as an ETFby the way, what's the cost of trading US share from singapore broker? anyone can share? i think OSK is RM350 per trade? ~_~ 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. |
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Jan 21 2010, 06:38 PM
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Junior Member
53 posts Joined: Dec 2009 From: Nearby
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QUOTE(zamans98 @ Jan 21 2010, 10:24 AM) BRK.B better when economy recovers, in long term, as the underlying shares are solid (for now). Consider it as an ETF lol, i tot can direct to US exchange through singapore. alrite, thx a lot for the info zaman. ^^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. 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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Jan 21 2010, 10:02 PM
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All Stars
10,123 posts Joined: Aug 2007
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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? |
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Jan 21 2010, 10:06 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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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. ^^ C, yield's better than BRK.A for the same amount of cash, but BRK.B is stable, less worrying than Ci 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 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. Not even a combined of all banks in Malaysia plus of Singapore can beat that. Can anyone name any Malaysian banks that can beat that revenue? Perhaps even the combine of all of them? Bad data, pre-market up and down. WTF mover is STX, EBAY.Yesterday was Rambus (RMBS) |
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Jan 21 2010, 10:14 PM
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Senior Member
768 posts Joined: Jan 2005
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STX managed to turn from loss to profit this quarter. WDC announcing quarter results our Friday morning.
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Jan 21 2010, 10:17 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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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 |
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Jan 21 2010, 10:22 PM
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All Stars
10,123 posts Joined: Aug 2007
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If we get another pullback, definitely a buy from here.
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Jan 21 2010, 10:52 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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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 |
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Jan 21 2010, 11:31 PM
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All Stars
10,123 posts Joined: Aug 2007
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I'm watching and playing FXI and XPP.
China fears.. They sell, I buy. |
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Jan 21 2010, 11:34 PM
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Senior Member
1,345 posts Joined: Sep 2009
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C is going down to 3.30..
HL seems to be worth now.. then we expert market to down another few days.. |
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Jan 21 2010, 11:56 PM
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Junior Member
274 posts Joined: Jul 2008
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QUOTE(zamans98 @ Jan 21 2010, 10:52 PM) HL? you can try china & green related stocks like YGE & CGA with good swings ERX? TCK? FUQI? STEC? Added on January 21, 2010, 11:31 pmeverythin sellin down. duh. should use TS for my STEC g'luck |
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Jan 22 2010, 12:07 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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duh, my FUQI Q @ 17.95 didn't hit. Now running at 18.35-18.45
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Jan 22 2010, 12:10 AM
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Junior Member
46 posts Joined: Jan 2003 From: Bukit Aman, KL
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hi
was interested in trade apple stock 2 yrs back before iphone 3gs made the stock go up wildly. now with islate its happening all over again. i missed the boat twice due to dont know how to open account and trade US stocks in time. any quick recommendations, also is there any US tax for profits etc? |
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Jan 22 2010, 12:11 AM
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All Stars
10,123 posts Joined: Aug 2007
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Great! We got a pull back below 10500 and S&P below 1125.
This a nice dip for those who has been patient. Take this opportunity, right here, right now. C buyers - here's your second chance. Don't miss it! |
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Jan 22 2010, 12:11 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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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.
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Jan 22 2010, 12:13 AM
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Senior Member
4,458 posts Joined: Nov 2008 From: Kuala Lumpur
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this time very "chi gek"..
DJ falls so much! |
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Jan 22 2010, 12:14 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(Executioner @ Jan 22 2010, 12:10 AM) hi Just go to any of your fav. online broker used by many here and check 'em out one by one, which ever ones fits your needs.was interested in trade apple stock 2 yrs back before iphone 3gs made the stock go up wildly. now with islate its happening all over again. i missed the boat twice due to dont know how to open account and trade US stocks in time. any quick recommendations, also is there any US tax for profits etc? I have TD Ameritrade, E-Trade and ScottTrade. I like TD-Ameritrade the best. No tax for Capital Gains for Foreigners but hefty tax for Dividends payment. Just don't go for Dividends paying stocks but re-investment dividends are ok. |
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Jan 22 2010, 12:15 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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BRK.B veli the active. Market RED, BRK.B green because too a lot of buyers ..
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Jan 22 2010, 12:29 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(zamans98 @ Jan 22 2010, 12:15 AM) BRK.B veli the active. Market RED, BRK.B green because too a lot of buyers .. 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. |
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Jan 22 2010, 12:34 AM
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Senior Member
1,345 posts Joined: Sep 2009
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Already queue C at 3.34 for 155 shares..
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Jan 22 2010, 12:35 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(danmooncake @ Jan 22 2010, 12:29 AM) Getting too crowded.. there. I think I will opt for FUQI better than BRK.BI'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. 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. |
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Jan 22 2010, 12:35 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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smell fear in the board, someone say to be greeedy when others fear
 caas (b:20.51 cut:18.79), hitk (b:28.75 cut:23.76), ks (b:9.67 cut:9.03), gol (b:14.48 cut:13.78), cgjgj (b:7.1 cut:4.4)lari  gci (b: 14.41 s:15.85), tlvt (b:37.87 s:39.57), clf (b:45.07 s:46.66), sgg (b:77.96 s:81.97)remaining watchlist@gambling position with bought prices: bont 10.41, hog 25.83, heat 15.53, vnr 21.02 anyone bought the dip? well, feel gatal, so I decide to buy fxp 9.3 & uup 23.2 Attached thumbnail(s) 
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Jan 22 2010, 12:43 AM
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All Stars
17,018 posts Joined: Jan 2005
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Look all red today. Q for C again at 3.30.
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Jan 22 2010, 12:51 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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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 any idea has obama spoken? wat did he say? should be really interesting still too early too short gua 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. The S&P 500 fell 1.1%, the Dow 1.3%, the Nasdaq 0.6% and the NYSE composite 1.2%. Volume turned higher across the board. It rose 10% on the NYSE and 17% on the Nasdaq compared with the same period Wednesday. The Philadelphia Federal Reserve Bank said its business activity index slipped to 15.2 from 22.5 in December, a bigger decline than the one predicted by economists. The Conference Board's index of U.S. leading indicators rose 1.1%, topping the 0.7% uptick pegged by economists. |
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Jan 22 2010, 12:53 AM
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Senior Member
2,711 posts Joined: Sep 2005
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the longer he open mouth, the redder it becomes... good luck to longists
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Jan 22 2010, 12:59 AM
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All Stars
17,018 posts Joined: Jan 2005
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BAC look more actractive to buy today. Dip till 15.55.
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Jan 22 2010, 12:59 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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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? 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. with int rate low, expect buy the dip still in play - otherwise, its time for us to meet the dip which never recover any idea has obama spoken? wat did he say? should be really interesting still too early too short gua 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. "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" |
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Jan 22 2010, 01:04 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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QUOTE(zamans98 @ Jan 22 2010, 12:59 AM) 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. 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 "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" any website links? all i hear so far all r proposal & nothing yet from the horses mouth |
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Jan 22 2010, 01:07 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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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 i heard on CNBC live. any website links? all i hear so far all r proposal & nothing yet from the horses mouth 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. |
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Jan 22 2010, 01:10 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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QUOTE(zamans98 @ Jan 22 2010, 01:07 AM) i heard on CNBC live. icic, means buy the dip scenario still in play 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. long players should stil be safe |
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Jan 22 2010, 01:24 AM
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All Stars
10,123 posts Joined: Aug 2007
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Never fear..
Bought another batch of TCK at 37.5 epal: If you watching this, you better get C this time at 3.3 or lower otherwise you'll be kicking yourself. This post has been edited by danmooncake: Jan 22 2010, 01:28 AM |
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Jan 22 2010, 01:33 AM
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All Stars
17,018 posts Joined: Jan 2005
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He should be in. C dip till 3.26
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Jan 22 2010, 01:50 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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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 |
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Jan 22 2010, 01:55 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(zamans98 @ Jan 22 2010, 01:50 AM) Banking stocks dragged lower and lower, and pulling the rest together. Yes, indeed. UYG and FAS bleeding bad today.Update 3:00am: Load up a batch of C @ 3.2 Closing update: Dow 10389.88 -213.27 -2.01% Nasdaq 2265.70 -25.55 -1.12% S&P 500 1116.48 -21.56 -1.89% Well, well, well.. I haven't seen this kind of pull back since Oct 09. Obama really socked it to them, didn't he? The banks will be punished and will be closely watched by US govt for now, that's for sure. What can the market do? Answer: SELL If we get another leg down.. then it is hello Dow 10000 again. Time to buy some PUTs for now. This post has been edited by danmooncake: Jan 22 2010, 05:54 AM |
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Jan 22 2010, 07:52 AM
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Senior Member
1,345 posts Joined: Sep 2009
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already bought in C at 3.34. Enter a bit too early..
C once dropped to 3.20. Whoever wants to buy C can get it.. Added on January 22, 2010, 7:54 amBut don't worry, C has strong price indicator by US gomen at 3.30. All RED... RED will continue for a few more days.. Added on January 22, 2010, 8:01 am QUOTE(danmooncake @ Jan 22 2010, 01:24 AM) Never fear.. Enter too early..Bought another batch of TCK at 37.5 epal: If you watching this, you better get C this time at 3.3 or lower otherwise you'll be kicking yourself. I guess HL will be best buy in few days... This post has been edited by epalbee3: Jan 22 2010, 08:01 AM |
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Jan 22 2010, 08:18 AM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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can our counterparts over in klse & s'pore lyn forum short stocks or buy puts? of coz, they can short futures, but it should hav factor in the longkang measurement since no arbitrage unless the dead cat bounce in time for them to profit or involuntary long term investor teori again bought tyd 48.74 & good luck those just bought banking group stocks 
Stocks Tumble On Obama’s Bank Proposal 5:15 p.m. Update: President Obama's call for tighter restrictions on banks sent the market reeling Thursday. Obama proposed more stringent rules on risk-taking and trading that could hurt banks' profits. JPMorgan Chase (JPM) shed 7%, while Bank of America (BAC) and Citigroup © gave up 6% each. Goldman Sachs (GS) lost 4%, even though it reported quarterly earnings well above views. The NYSE composite and Dow dropped 2.1% and 2%, respectively. Both undercut their 50-day moving averages. Meanwhile, the S&P 500 fell 1.9%, closing just above its 50-day line. The Nasdaq lost 1.1%. All but the S&P 500 are now down for the year. Turnover surged on both exchanges, giving all the major indexes another distribution day. Chinese stocks were hit hard after China reported big gains in its GDP growth and inflation. These data added to concerns that the central bank, which has already started to tighten its monetary policy, has more work to do. » Click to show Spoiler - click again to hide... «
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Jan 22 2010, 11:19 AM
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All Stars
17,018 posts Joined: Jan 2005
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Yesterday look exciting when all red. Feel like discount sales shopping.
If I have more bullet. Manage to get 430 share of C at 3.31.CNY coming. RED = ong mari. This post has been edited by ozak: Jan 22 2010, 11:20 AM |
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Jan 22 2010, 07:34 PM
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Senior Member
1,121 posts Joined: Oct 2009 From: transiting asteroid
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bedtime stories for usa lyn readers in case market tidur later, when we expecting excitement eg. bolehland at 1300 
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Jan 22 2010, 07:52 PM
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Junior Member
53 posts Joined: Dec 2009 From: Nearby
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lets try to understand why the market fall? trying to regulate the crappy banks wouldn't cause an economy crisis? there are always other banks anyway. so why the whole world stock still fall? XD
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Jan 22 2010, 08:27 PM
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Senior Member
1,345 posts Joined: Sep 2009
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There are three major news which cause this dip:
1) Obama restricts bank to do investment in any sort. That means less cook money will be available in the market. 2) US job losses claim is higher. That means US economy is worse. 3) China tighten loan policy, which means less money can be borrowed to cook share. Which means, money will be pulled out in very short time. The dip is on-going. It may be the sign of second depression.. But I still believe C will survive.. Added on January 22, 2010, 8:31 pmas you can see, US mortgage rate (15 years) is raising from 4.48 to 4.62 in one month time; means less people will afford to buy house. This post has been edited by epalbee3: Jan 22 2010, 08:31 PM |
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Jan 22 2010, 08:57 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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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 |
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Jan 22 2010, 09:10 PM
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Junior Member
118 posts Joined: Sep 2009
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i'm already execute the order at 3.27 for the last price at 5,000 shares of C.
It's going to be a history if we make it through this time. Good Luck. God Bless. This post has been edited by wildthings73: Mar 12 2010, 12:49 AM |
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Jan 22 2010, 09:43 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(wildthings73 @ Jan 22 2010, 09:10 PM) i'm already execute the order at 3.27 for the last price at 5,000 shares of C. You may be able to get lower if we get another 3 digits pullback tonight. I don't want to miss another boat again. This is a gift for those who have been patient. Oil finally touching $75. This post has been edited by danmooncake: Jan 22 2010, 09:45 PM |
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Jan 22 2010, 09:45 PM
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Junior Member
53 posts Joined: Dec 2009 From: Nearby
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QUOTE(epalbee3 @ Jan 22 2010, 08:27 PM) There are three major news which cause this dip: cool, u're right. XD guess it's another 1% red today? XD1) Obama restricts bank to do investment in any sort. That means less cook money will be available in the market. 2) US job losses claim is higher. That means US economy is worse. 3) China tighten loan policy, which means less money can be borrowed to cook share. Added on January 22, 2010, 9:46 pm QUOTE(danmooncake @ Jan 22 2010, 09:43 PM) You may be able to get lower if we get another 3 digits pullback tonight. yeah, a gift from obama. haha. XD This is a gift for those who have been patient. This post has been edited by AnonyNite: Jan 22 2010, 09:46 PM |
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Jan 22 2010, 09:53 PM
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All Stars
10,123 posts Joined: Aug 2007
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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. This post has been edited by danmooncake: Jan 22 2010, 09:54 PM |
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Jan 22 2010, 10:07 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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QUOTE(danmooncake @ Jan 22 2010, 09:53 PM) Remember last year.. same thing. Good, then I will let my LVS ride down. Err,some1 here was looking @ LVS for USD20.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. Will re-load LVS, FUQI, MGM once reach my desired price tag. |
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Jan 22 2010, 10:19 PM
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All Stars
10,123 posts Joined: Aug 2007
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Don't hold shorts too long. I have a feeling that we're may be seeing the last of the drop tonight.
It already been 3rd significant drop (3 digits).. I don't think there will be 4th or 5th. Obama's plan for Wall Street scared the shits of them but this market has short term memory. The long term trend is still up.. the bulls are still in control. Knowing this market, until the Fed decides otherwise on their less stringent monetary policy still in works. Next week, after FOMC meeting, we may move sideways or pop back up. As for China, they may tighten a bit but it is not like turning off the faucet. A slow down in red hot economy in China is actually good for them to avoid the bubble being over-inflated. Good luck! |
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Jan 22 2010, 10:32 PM
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Junior Member
53 posts Joined: Dec 2009 From: Nearby
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haha. i already short too short, yesterday after buy back, straight away the index bungee jump. ~_~ k gud luck ppls. ^^
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Jan 22 2010, 10:39 PM
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Senior Member
1,345 posts Joined: Sep 2009
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C is recovering..
Added on January 22, 2010, 11:17 pmDOW is dipping.. It will be a long term dip. This post has been edited by epalbee3: Jan 22 2010, 11:17 PM |
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Jan 22 2010, 11:19 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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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 |
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Jan 22 2010, 11:22 PM
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Senior Member
1,345 posts Joined: Sep 2009
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yupe..
i think it will be another week drop.. market has losen confident to new bank rules. plus low employment rate and china loan policy... should wait and see where is the real dip.. or will it start to bear? |
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Jan 22 2010, 11:35 PM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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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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Jan 22 2010, 11:38 PM
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Senior Member
4,458 posts Joined: Nov 2008 From: Kuala Lumpur
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I will also choose to buy LONG
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Jan 23 2010, 12:01 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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debbie, good strategy.
My first loss this year on LVS. Never mind, revenge back! HL cheap sale? TCK For non-day trader, keep an eye on URE/UYG. For URE, below 6 is a good buy for mid-term. For UYG, below 5.50 |
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Jan 23 2010, 12:07 AM
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Senior Member
1,345 posts Joined: Sep 2009
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QUOTE(zamans98 @ Jan 23 2010, 12:01 AM) debbie, good strategy. yupe.. it's cheap..My first loss this year on LVS. Never mind, revenge back! HL cheap sale? TCK For non-day trader, keep an eye on URE/UYG. For URE, below 6 is a good buy for mid-term. For UYG, below 5.50 but where is extra money..? only got during february.. |
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Jan 23 2010, 12:32 AM
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All Stars
10,123 posts Joined: Aug 2007
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Oil got to my price: $75, therefore I scored ERX: 38.80
FUQI - only 1/4 position at 17.90 Also bought another batch of TCK: 35.60 I've over 300% in TCK. I gotta to lighten this up when we get to the 40's again. |
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Jan 23 2010, 12:36 AM
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Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
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Waiting for LVS to dropped, but the stubborn traders are pushing it hard, breaking 17.20
All stocks are inching higher. We will have a GREEN close this session. Embrace the BULL, BULLEH!! |
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Jan 23 2010, 12:46 AM
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Junior Member
127 posts Joined: Jun 2009
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all bulls full speed ahead! imo is just suffering from indigestion the past few days, after getting the diarrhea out the bulls will continue to run!
bought some brkb for ultra long term  |
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Jan 23 2010, 12:47 AM
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Senior Member
4,458 posts Joined: Nov 2008 From: Kuala Lumpur
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QUOTE(zamans98 @ Jan 23 2010, 12:01 AM) debbie, good strategy. Actually you don't have to cut loss 'cos it will rebound back...My first loss this year on LVS. Never mind, revenge back! HL cheap sale? TCK For non-day trader, keep an eye on URE/UYG. For URE, below 6 is a good buy for mid-term. For UYG, below 5.50 |
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