KLCI is for next year election...LOL

ha. may ... i remember that 8 days of straight loses.

Now I understand why ang-mo shout 'Mayday, mayday" when they desperate for help

Sell in May & go away

I'm in 3 days straight loss
, going to freeze myself to buy new stock and dump other stock if can recover back

lol...so must sell on Apr lor

Thanks to give this advice for beginner

Now we can change it to NovDay NovDay.

i think back then it started damn red for a couple of days, then some europe rescue package saved the day then lau sai for straight 8 days. so whats the news this time besides the china and ireland.

china stocks fell to the lowest in a month on speculation that possible govn measures to curb accelerating inflation including price controls may hurt the earnings of commodity companie & property developers.

european stocks fell, led by declines in basic-resource companies & banks, on continued concern that ireland will struggle to tackle its debts.

NOday NOday

Every day is a good day.

today no up no down
why so red?

glove lovers ...

Hot Money, Bad Weather To Keep Rubber Prices High Into 2011

SINGAPORE (Dow Jones)--Natural rubber prices have nearly tripled from the lows seen during the global financial crisis, but that is unlikely to lead to a reversal in the market as below-trend production and rising demand will continue to support prices around the current levels, industry participants said Tuesday.

This could leave major consumers such as tire makers with few options other than passing on some of the rising costs to end consumers to maintain profitability.

The market is "likely to stay high into the second quarter of 2011; it would be difficult for prices to come down below $3/kilogram," said Yium Tavarolit, chief secretary of the International Rubber Consortium, a grouping of key producers in Southeast Asia.

Yium had earlier predicted natural rubber would hit $4/kg by the first quarter of 2011, but current prices are already well above that level, as a recent rally in the futures markets took prices on the Tokyo Commodity Exchange to Y383/kg last week, a level not seen since 1980. That was a 280% increase from December 2008 when the market briefly slipped below the Y100/kg-mark amid the global economic downturn.

Prices have come off a bit since then, but many see this as a necessary correction as the market was heavily over-bought. On Tuesday, the benchmark April contract on the Tocom settled Y4.6 or 1.3% higher at Y358.3/kg.

Tocom prices have limited downside from here, as the Y350/kg level is generally acceptable to most buyers, said Kaname Gokon, deputy general manager in Japanese brokerage Okato Shoji Co's research section. The brokerage is one of the top 10 trading members in Tocom rubber, in terms of volumes traded.

By all accounts, both fundamentals and speculative factors are supportive, with forecasts for 2010 prices well above $3/kg.

Underpinning the strength in the market this year is the weather, which has been persistently unfavorable, with the El Nino first and La Nina later, contributing to lower production throughout the year in major producing countries such as Thailand, Indonesia and Malaysia. The three countries together account for about 70% of the global supply.

The supply crunch is unlikely to ease anytime soon as it won't be long before major producing regions enter the dry wintering season around February when trees shed leaves and production falls.

That, coupled with the excess liquidity unleashed by the latest round of quantitative easing measures by the U.S. Federal Reserve, will continue support prices till the second quarter of 2011, added Yium.

Some consumers such as tire companies have already passed on some of the rising costs to end-buyers, as demand for new and replacement tires has been firm, with any softening seen as limited.

There may be little comfort on the supply front even in the medium term as at least 20,000 hectares of Thai plantations have been affected by recent flooding and storms, possibly reducing production further.

As a short-term response, plantation owners have been postponing their replanting programs this year to keep the estates in production while prices remain high, said Thai Rubber Association President Luckchai Kittipol.

"Obviously, the deficit would be greater than anticipated; the recent supply problems were unexpected and have pushed up prices more than expected," said Prachaya Jumpasut, the UK-based Managing director of The Rubber Economist and a former head of Economics and Statistics at the International Rubber Study Group.

Since May falls, we should buy in May and sell in June
In western, they have Mayday. In M'sia, we have "Ter-Jun-day"

November rain..

Is it possible that consumers will switch to Nitrile gloves when prices of natural latex gloves keep escalating ? then Harta will

This post has been edited by mopster: Nov 16 2010, 05:51 PM

i think wont be so easy to change the glove type in professional sector...like health care, probably will cause sensitive...manufacturing, may be will cause chemical effect

Seems majority of the forummer here didn't feel the pain of these few days.... Still can joking around

Nitrile depends on Crude Oil...
If Crude Oil cheong, then
But, good for my O&G counters.

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Added on November 16, 2010, 5:58 pmYou earn some, you lose some.
If feel bad because of stocks is down, then, I might have died due to depression liao.


This post has been edited by chyaw: Nov 16 2010, 05:58 PM

This is not even a mosquito bite.....
Just get use to it, or sudah biasa.