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 Stock Market V50, HUAT AH!!! Tiger Roar, Market Rise!

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AdamG1981
post Feb 24 2010, 08:30 AM

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Morning morning! smile.gif
AdamG1981
post Feb 24 2010, 08:48 AM

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QUOTE(chyaw @ Feb 23 2010, 05:35 PM)
Sales was delay one day.  laugh.gif
Post CNY sales begin today?
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smile.gif
AdamG1981
post Feb 24 2010, 10:02 AM

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Go go go scomi go!
AdamG1981
post Feb 24 2010, 10:46 AM

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QUOTE(panasonic88 @ Feb 23 2010, 07:45 PM)
market tends to go down everytime after ben's talk. laugh.gif

he has another speech on thursday.

maybe should skip trading for the meantime.
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Could be the opposite this time laugh.gif
AdamG1981
post Feb 24 2010, 10:52 AM

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QUOTE(chyaw @ Feb 23 2010, 07:50 PM)
I thought the figures is very attractive (even before yesterday results)? No?
Follow you better.  brows.gif  notworthy.gif  notworthy.gif  notworthy.gif
So, confirm only David and me was in KKB boat before yesterday.  laugh.gif

Added on February 24, 2010, 10:52 amSo Adam tai kor! if you play DJ Futures, will you long or short today? Just curious.  laugh.gif
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Long with the kauness
AdamG1981
post Feb 24 2010, 10:55 AM

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QUOTE(panasonic88 @ Feb 23 2010, 07:54 PM)
wow, your confidence level hit 120% eh! laugh.gif
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Well, watch for an announcement from eurozone soon, early march


Added on February 24, 2010, 10:55 am
QUOTE(mememe12 @ Feb 23 2010, 07:54 PM)
what happen to IRCB pula...
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Going down below 1 as resistance 1.20 holds firm

This post has been edited by AdamG1981: Feb 24 2010, 10:55 AM
AdamG1981
post Feb 24 2010, 11:00 AM

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QUOTE(mememe12 @ Feb 23 2010, 07:56 PM)
adam.. u still holding ur etitech? or jump all to scomi d?
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Threw already. Scomi only, and one indo stock


Added on February 24, 2010, 11:01 am
QUOTE(chyaw @ Feb 23 2010, 07:56 PM)
Any recent development that makes you so bullish?  notworthy.gif  notworthy.gif  notworthy.gif
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Very simple, because China is holding its 200 sma, so upside potential grows larger

This post has been edited by AdamG1981: Feb 24 2010, 11:01 AM
AdamG1981
post Feb 24 2010, 11:04 AM

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QUOTE(chyaw @ Feb 23 2010, 08:02 PM)
Can I give a wild wild guess? PT Bumi Resource?
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Sorry, P&C
AdamG1981
post Feb 24 2010, 02:38 PM

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Get ready for bear power

AdamG1981
post Feb 24 2010, 02:40 PM

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QUOTE(StupidGuyPlayComp @ Feb 23 2010, 11:39 PM)
hmm.gif Bad news????
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Potentially, watch the euro data press releases later in the afternoon
AdamG1981
post Feb 24 2010, 04:30 PM

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By Bloomberg News
Feb. 24 (Bloomberg) -- China’s central bank will sell 90 billion yuan of three-month bills tomorrow, it said in a statement on its Web site.

AdamG1981
post Feb 24 2010, 04:36 PM

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You guys are advised to take profit immediately before market close.
AdamG1981
post Feb 24 2010, 04:42 PM

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First, its 90 billion yuan being auctioned tomorrow. The last 3 month auction was 30 billion. The PBOC is draining 90 B from the money supply, and we do not know the yield as of yet.



This post has been edited by AdamG1981: Feb 24 2010, 04:43 PM
AdamG1981
post Feb 24 2010, 04:44 PM

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QUOTE(mememe12 @ Feb 24 2010, 01:43 AM)
few hours ago baru so bullish.. now so bearish.. i going to faint liao =.=''
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Because PBOC just released the statement after the close of HK trading,
AdamG1981
post Feb 24 2010, 04:45 PM

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QUOTE(chyaw @ Feb 24 2010, 01:44 AM)
Any reason why they want to do that? Cooling off inflation?
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Yes, and if you look at the secondary market, the cost of funds is increasing.
AdamG1981
post Feb 24 2010, 05:01 PM

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QUOTE(verbatim @ Feb 24 2010, 02:00 AM)
What if those China bonds not taken up by investors?? What if it is ignored?
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Primary dealers will submit their bid along with the respective yield they want from the Central Bank. Of course, the higher the yield, the primary dealers wont mind parking their money with the Central bank


Added on February 24, 2010, 5:03 pmDow futures -24, FTSE, Dax and CAC all turned red

This post has been edited by AdamG1981: Feb 24 2010, 05:03 PM
AdamG1981
post Feb 24 2010, 05:07 PM

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QUOTE(chyaw @ Feb 24 2010, 02:05 AM)
I'm curious, how primiary dealers come out with so much money in such a short time (less than a day) and make decision?
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Why not? The primary dealers are commercial banks and they do submit bids for insurance companies as well as hedge funds
AdamG1981
post Feb 24 2010, 05:09 PM

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QUOTE(VyvernS @ Feb 24 2010, 02:06 AM)
Sorry not sure how treasury bills work....So at the end of 3 months, Central Bank give the interest to the buyers, how about the capital? Is the capital returned too?

Assuming capital returned, so in order to ensure liquidity not flood back into market after 3 months, the Central Bank will continuously issue new Treasury Bills over some period of time to keep money out. Correct ah?

Please enlighten me...  notworthy.gif
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Capital is returned. Yes, correct. The central banks will issue new bills to drain liquidity.


Added on February 24, 2010, 5:11 pm
QUOTE(kochin @ Feb 24 2010, 02:09 AM)
adam sifu,
what is your TP for scomi?
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45 gua

This post has been edited by AdamG1981: Feb 24 2010, 05:11 PM
AdamG1981
post Feb 24 2010, 10:05 PM

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Tim and Ben going to speak soon at 11 pm. Will DOW crash or rally ?
AdamG1981
post Feb 24 2010, 10:21 PM

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Scomi engineering results out. Let's see how it goes for Scomien and scomi tomorrow.



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