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 US stock discussion v3, Double Bottom coming?

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ingky
post Sep 22 2010, 08:54 AM

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Loaded up 1000 on NBG seeing it's trending upwards. Hopefully it'll hit $3 and I'll sell and make a nifty profit.

MEA is trending up as expected. Hope it hits $4
ingky
post Sep 22 2010, 12:38 PM

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I'm more of a small caps trader. Looking at good solid small caps companies who were hit hard by the financial crisis but still maintaining a good cash flow and revenue.

I've been trading ALY, MEA, GLBL just to name a few.

MEA mainly deals with scrap metals which is a big business in the States and is regularly churning up profits despite the economic downturn.
ingky
post Sep 29 2010, 12:03 AM

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Sold off MEA at $4. Made a nifty 30% profit there in 2 weeks.

HNR is up 15% today. Was up 14% yesterday. We'll see if it hits the $11 range tonight. Highest it's ever been since March 09.

Small caps stocks are really raging on tonight.
ingky
post Sep 29 2010, 10:15 PM

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Looking for the next big bear rally to buy into a couple of oil exploration companies hit by the BP scandal.
ingky
post Sep 29 2010, 10:36 PM

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QUOTE(honglun @ Sep 29 2010, 10:32 PM)
I wonder C, BAC and FAS will rebound? ANybody have any idea? I'm locked in at 4.54$, 18.72$ and 26.50$ respectively. These stocks r killing my portfolio. vmad.gif
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Ouch. Depends if you're a Buy and Hold person. I'd let FAS go if I were you but the others you can hold. Financials will rebound by year's end.
ingky
post Sep 29 2010, 11:12 PM

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3X ETFs like FAS and FAZ are a hedging ETF with an uncommon trading pattern which trends downwards over time despite following market sentiments. There are lots of articles explaining this phenomenon. (Do a google search)

This post has been edited by ingky: Sep 29 2010, 11:14 PM
ingky
post Sep 30 2010, 04:06 PM

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Read this article regarding 3x ETF decays

FAS/FAZ decay overtime

ingky
post Oct 5 2010, 12:48 PM

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QUOTE(totox7 @ Oct 5 2010, 10:33 AM)
Man..i TT RM10k to Zecco via public bank and it end up failed to transfer due to account number not exist, and i lost RM430! what the hell! Anyone experience this before? sad.gif
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Did you email Zecco with a copy of your TT when you transferred the money? I usually email MBT a copy of my TT after I've transferred for their reference.

__________________________________________________________________________________________________________________________

Sold off all my positions on HNR yesterday at 10.50. Anticipating big drop in NYSE before November.
ingky
post Oct 5 2010, 03:21 PM

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QUOTE(totox7 @ Oct 5 2010, 01:45 PM)
I just filled up the TT form instead of online transfer, as i usually do. I think i will transfer $$ to CIMB and transfer through online. So is it necessary to sent a copy to Zecco?
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Just send one just in case
ingky
post Oct 5 2010, 10:14 PM

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Bulls are in play today, dang.

Misread the market.
ingky
post Oct 7 2010, 09:59 PM

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DJIA seems like it's seeing some resistance pre-1100 level. Lets hope it takes a nose dive.
ingky
post Oct 28 2010, 03:52 PM

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Awesome day

My position on AMLN already up 30% in a week. HAWK is gaining strength along with other oil explorers and just added more short position on ALY
ingky
post Oct 31 2010, 03:15 PM

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QUOTE(zamans98 @ Oct 29 2010, 08:57 AM)
Darn it. I bought at 11, sold at 11.50 (?) can't remember. And u made it 30%? U bought at low 10?
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Yup, bought AMLN @ $10.11 the moment the bad news hit them. Solid company being hit hard by FDA.
ingky
post Nov 3 2010, 02:26 PM

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QUOTE(zamans98 @ Nov 3 2010, 01:01 PM)
boss - wow, money on the spot? Care to explain a bit in details?  thumbup.gif
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RWS = Resort World Sentosa.

NYSE is the largest casino in the world. We're all here putting our money on probabilities.
ingky
post Nov 3 2010, 08:26 PM

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QUOTE(Hansel @ Nov 3 2010, 03:20 PM)
To each his/her own, my friends, specific objectives are in-place by different folks for punting or for growing money steadily, depending on asset allocation strategy, leading to selected instruments and sometimes on mood too.
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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.
ingky
post Nov 4 2010, 12:47 AM

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QUOTE(zamans98 @ Nov 3 2010, 11:58 PM)
as expected, up and then down... fcuk la. Move it already. Make all green...
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Dang it la, HAWK went from +9% pre market to +1%. Crap.
ingky
post Nov 11 2010, 03:58 PM

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Loaded up on some non-halal stock (FEED) and added more position on MU. Nice volatility btw. Made my heart race as if I was on a rollercoaster.
ingky
post Feb 1 2011, 01:55 PM

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Buffet lost quite alot of $$$ during the tech bubble burst of 2001 so perhaps he's sticking to industries he's familiar with.
ingky
post Feb 1 2011, 02:25 PM

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I would like to mention no one in the business world had a vision like Eric Schmidt, not even the great old Steve Jobs IMHO from turning a search engine into an advertising machine and now a tech monster in under 10 years.

I guess WB overlooked this.
ingky
post Feb 1 2011, 02:46 PM

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QUOTE(sulifeisgreat @ Feb 1 2011, 02:38 PM)
& I have no plans to let cucu enjoy ALL my fun work  cool2.gif
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LOL! rclxms.gif

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I also come from humble background. My first investment in the stock market was a mere Rm 5k which I saved up for a couple of months.

This post has been edited by ingky: Feb 1 2011, 02:49 PM

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