so whats the guess for tonight qe2?

in line with expectations loh - usd & tbills drop, stocks & commodities soar
then fed deliver a punch line, blah blah further measures blah blah depends the direction of economy
this means when congress session restart, see wat is the new agenda, of coz expect is gridlock lah
but depends obama use veto or kok-perate, if kok-perate means bull run can cum
otherwise, buy puts options if all above fails

You are right.

But if it is create more jobs, both must co operate lah.

Basically, that is what the voters want , JOBS and MORE JOBS.

If they want to fight, then let them fight in the boxing ring lah.

The winner would then decide.

Otherwise, the whole world suffers too.

This post has been edited by SKY 1809: Nov 3 2010, 07:04 PM

up and down. set your powah mover stocks.



The results are mixed, means they want Obama's team cut down expenses, concentrate to boost domestic business. Big taikor companies which is lobbying for more relax tax reform and other sorts of "assistance" in order for them to grow and generate employment. That the chain re-actions.



p/s : STEC is up and uppppppp and awayyyyyyyy. Target $18/- in few days before the "big" news comes in

Slow growth eh? Google and Apple stocks are in for the long run. There are loads of good dividend stocks out there better than BRK.B that pays up to 10-14% p.a. ie CIM, Annaly.

Oh great..it always like this. After I've sold it. STEC went up.
Can't win them all.

As for US govt. It musical chair rotation. The Republicans are back in Congress but they're the ones
who got US into the bubble in the first place during Bush eras.

No matter, looks like same agenda - spend spend spend.

This post has been edited by danmooncake: Nov 3 2010, 08:37 PM

agree! when the elephants fight, the ants gets trampled
but what happens to the ants who is on the elephant or those standing far to one corner as spectators

http://news.yahoo.com/s/ap/20101103/ap_on_el_ho/us_house

"Across the country right now, we are witnessing a repudiation of Washington, a repudiation of big government, and a repudiation of politicians who refuse to listen to the people," said Rep. John Boehner of Ohio, in line to become the next speaker.

Boehner told the president he wanted to collaborate on voters' top priorities, creating jobs and cutting spending. "That's what they expect," the 10-term Republican said.

whoever gonna spend, they can then kiss sayonara to their year 2012 election

Yes baby. Plus Amazon, Baidu. But if you are seeking into slow and steady and less riskier, BRK.B is like Mini DOW Jones

And yet Malaysia still don't listen. They SPEND SPEND SPEND, without any concern of country goes bust and becomes next Iceland. WTF. Building mega towers which is useless. Also stupid idea of building more highways (equal to tolls, corruptions, money for cronies).

If that is a reality, time to buy physical GOLD.

hehe... that is a point to ponder, better ride the right elephant & not the elephant standing on the right
no point being trampled, buy construction counter for bolehland & wherever their cronies are found
1duit

as expected, up and then down... fcuk la. Move it already. Make all green...

Dang it la, HAWK went from +9% pre market to +1%. Crap.

that's not alone bro. My STEC oso down. Everything down. S oso down. Think it can sustain $4 and climb upwards at least to 4.20's

Sold SPXU @ 24

Fed says they'll buy 600 billion debt (equal to 75bps cut).
Market sold off and bought back at the bottom of the spike.

Bulls really have no worry. Fed will support this market going higher
in near term.

This post has been edited by danmooncake: Nov 4 2010, 03:41 AM

ok for those who r here long enough, here r some stocks (>$10 to $20) for fun viewing & no recomendations



posting as & when I like - pls do ur own due diligence (eg. PE & forward earnings >10)



we'll see does it hav roket fuel to go moon or not

Dividend-wise : Canadian companies, deduct 25%; US companies, deduct 30%. Say, Coke (US) or Canadian Oil Sands (Canada) gives out 10% dividend, minus-off above withholding taxes, can still get 7.5% or 7% respectively - to me, still good lar.

Many of them do monthly payouts too.

Then I go round learning how to fill-in the W9 Form (after getting my SSC NUmber), or how to become a Tax Resident of Canada and get my SIN Number, then I can further reduce this tax because of Tax Treaties with both Sgp and Malaysia.

In the process, I can further invest in the other instruments inside the USA and Canada which are only meant to be for US Citizens and Canadian Residents only.

So, no complaints lar.

Anyway, if I want to punt (longterm, which I have been doing), I just dump my money into C lar, no need to think so much. Back to The USA, no matter the Democrats or the Repubs sit at the state level or at Washington DC, they will want to resolve this financial mess too.

Just don't let C drop to near bailout stage, then things should be fine. But : if C drops to bailout stage, then let's hope the board of C is in great relationship with the Feds.

Otherwise, we will have another Lehman crisis in our hands, not only the shareholders will die, but also the structured notes holders of, eg Singapore and HK (sold to them by DBS Sgp and DBS HK), and the CDO, MBS and ABS holders will tether at the brink of collapse.

Certainly we don't need another C-like or LB-like entity to fall, it will pull everybody down (all counters too) together.

Anyway, if it's any consolation : DBS returned some money to the old folks in Sgp and HK who lost their money to the structured notes earlier. But not the other issuers, like UOB who sold the many series of the Pinnacle Notes, whereby some series fell too back in '98/'99.

Well, not much of an intraday trader myself, so don't really know much about which counter can punt or not in short term. I buy and I hold, generally. Have other things to do and other instruments to look after.

This post has been edited by Hansel: Nov 4 2010, 03:46 PM

With Fed printing about 600$ billion. Any suggestion of stocks to capture this new bull run?

Commodities: Look at Oil, Copper, Gold, Silver.

Can't beat this US Fed. Just have to ride along despite bad macro economic data.
The initial jobless claims went up last week. Up 20K.

Just be careful. The market can turn south anytime.

Are you recommending to dabble in commodities futures? Any ETFs or stocks to recommend? I just need ideas. Thanks Dan for the prompt reply.

No, not futures but take a look the equities exposed to those commodities play.

Right now, everything is surging up because of the Fed money printing. They're going to print 'em for the next 5-6 months.
Crazy huh?

Be very careful here. This market is very vicious and they can pull back anytime.

fcking crazy right now in the commodities market. Everything is historic high or near historic high. This only spell one thing - WAR.
GOLD up nearing 1388 again.