The meeting is 4 days or 1 day?
That's it? Close?

Bought 1st batch of Apple at 438.

oops, wrong timing.
market all red now.

I was wondering. If QE exits, are those money invested around the world, especially emerging markets, will fly back to US? If that's the case, isn't Dow suppose to be bullish? Well they might be worrying on growth sustainability without QE. People always worry on things.

If so, then profit taking is just increasing cash in investors' hands. You and I hold more and more cash in hands waiting, banks also receiving more cash in hands after investors paying back their "loan".
All these cash has no place to go, but to invest back later.
If that's the case, what dream said kind of make sense. The correction will be brief. The bull is still winning over the bear.

if they start buying real estate, i guess sign of recovery is quite intact.
bull all the way til year end?

I'm not sure about Japan. But I do not worry on China though. It's slowing down for sure, but in a good way so far. Consumers spending is still intact, that's an important sign of stability for its transformation from export to internal demand economy. Anyhow, I know it's still too early to make conclusion now.

I am betting on the Apple Bear to get tired.
I'm not so sure as well, but I feel it's getting tired.
After 2 years of Samsung's glory, I am seeing Samsung's bull is getting tired slowly.
Samsung's products are feature rich with reasonable price, that is the key that attracts buyers.
However, speaking of style and uniqueness, Samsung's products never win on this part. Galaxy products look simple and usable, but not pretty, definitely not stylish as Apple's product.
My wild guess is, buyers will return to Apple even if it only playing catch up game. Moreover, I don't think Apple really that weak, although it's much weaker than Job's era.
The Mac Pro has already starts its magic broadly in Multimedia line. I am sure sales will be huge this year end when launching.
I am accumulating Apple shares on dips.

True. Transparency is still the biggest issue on China stocks.
However, read some recent news saying some foreign funds start accumulating China stocks.
I also been started accumulating some stocks recently, with the hope that China has been on progress to correct those financial mistakes (transparency, systematic etc). But I also worry it may still too early to enter at this moment.

This post has been edited by yok70: Jun 12 2013, 09:22 PM

I think the weakness has more or less priced in. China's large-cap banks are trading at 0.8-0.9x pbv and about 6x PE now. US banks at 10-11x PE and pbv quite different (WFC 1.44x, BAC 0.6x). Malaysia banks most expensive approaching or above 2x pbv with 14-15x PE.
So how low can they go while waiting for the financial system to mature, that's the million dollar question.

Actually I'm quite frustrating on how to value casino stock.
Many times I read quarter report from Genting, many times their revenue was good, but profit was so bad and they claimed it on less luck factor (customers won a lot). The earnings difference could be as huge as 30-40%! Like this how to valuate casino stock? Gambling too?

wrong timing to buy.
hold back and wait.

1600 coming...another 1% drop gaw dim!

this is the time to see bear awaken or not.
if this still cannot awake it, then shall give up on bear this year.
next week dunno fed will kacau the bear or not.
sp up 23% in one year. healthy correction would be....10-15%? that would be about 1415-1500.

This post has been edited by yok70: Jun 13 2013, 04:00 AM

Very interesting read.
Thanks for sharing!

today's flat market could be a trap? only tomorrow can tell.

very surprise to see finance.yahoo.com 's voting if people prefer a bigger screen iphone. The majority is NO!!
sure boh? mostly voted by Samsung supporters is it?

climbing up unbelievably steady.
i guess today's that's it.
tomorrow closing would be interesting to watch. unpredictable.

when is fed meeting next week? monday?

This post has been edited by yok70: Jun 14 2013, 03:27 AM

QE ends, funds flow back to US market. US market should be bullish? And emerging market (like Bursa) should be bearish?

I also feel yesterday was a bull trap.
However, as market moves 6 months ahead of the real QE exit, guess the bear may not be too strong and it will get really tired for the draggy staying. This benefits the bull. By then, investors already empty with cash in hands, can't do anything except start buying back.