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 STOCK MARKET DISCUSSION V98, Celebrating KLCI breach 13xx point

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SUSgogo2
post Sep 21 2011, 08:44 PM

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TOKYO (AP) — A powerful typhoon buffeted Tokyo with strong winds and rain Wednesday, halting trains and stranding tens of thousands of commuters as it barreled toward the tsunami-ravaged northeastern coast with its crippled nuclear plant.

Police and local media reported that six people were dead or missing after being swept away by rivers swollen with rains from Typhoon Roke. Nearly 260,000 households in central Japan were without electricity, and authorities called for more than a million people to be evacuated in central and eastern Japan.

The storm, packing sustained winds of up to 90 mph (144 kph), made landfall in the afternoon near the city of Hamamatsu, about 125 miles (200 kilometers) west of Tokyo. The center of the fast-moving storm was passing just north of the capital early Wednesday evening and was expected to head toward the northeastern region of Tohoku devastated by the March 11 tsunami and earthquake.

With commuter trains in the capital suspended, tens of thousands of commuters trying to rush home were stuck at stations across the sprawling city. Fire department officials reported three people were injured in Tokyo. In the trendy shopping district of Shibuya, winds knocked over a tree onto a sidewalk, but no one was hurt.

Television footage showed pedestrians struggling to walk straight in powerful winds that made umbrellas useless.

Typhoon Roke's projected course was to take it near the damaged Fukushima Dai-ichi nuclear power plant, where a small amount of radiation is still leaking after three of its reactors melted down when the tsunami cut off power to the plant and its back-up generators.

Takeo Iwamoto, spokesman for Tokyo Electric Power Co., the utility that operates the plant, said the cooling system for the reactors, crucial to keeping them under control, will not be endangered by the typhoon.

He said some construction work around the plant was canceled and utmost efforts were under way to prevent leaks of radioactive water and other material from the typhoon.

The Fire and Disaster Management Agency said just over one million people have been ordered or advised to evacuate across the country due to fear of flooding or mudslides triggered by the typhoon.

The city of Nagoya temporarily called off an evacuation warning for 880,000 people when swelling in a major river subsided, but officials said the warning could be reissued if conditions warranted.

Heavy rains caused floods and road damage in dozens of locations in Nagoya and several other cities, the Aichi prefectural (state) government said. Parts of Japan's central city of Nagoya, about 170 miles (270 kilometers) west of Tokyo, were flooded near swollen rivers where rescue workers helped residents evacuate in rubber boats.

Police in nearby Gifu prefecture said a 9-year-old boy and an 84-year-old man were missing after apparently falling into swollen rivers.

More than 200 domestic flights were canceled and some bullet train services were suspended.

Toyota Motor Corp., Japan's No. 1 automaker, which is headquartered in Toyota city in Aichi, was shutting plants as a precaution.

Machinery maker Mitsubishi Heavy Industries told workers to stay home at its five plants and an office in the Nagoya area, company spokesman Hideo Ikuno said.

Nissan Motor Co. spokesman Chris Keeffe said workers at its Yokohama headquarters and nearby technical facilities were being told to go home early for safety reasons, and two plants were not operating.

A typhoon that slammed Japan earlier this month left about 90 people dead or missing.

___

AP writer Mari Yamaguchi contributed to this report.

SUSgogo2
post Sep 21 2011, 09:04 PM

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QUOTE(simonc @ Sep 21 2011, 08:59 PM)
If its not Economy woes, its Natural Disasters...
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2011 is year of extreme high and low.
SUSgogo2
post Sep 21 2011, 09:14 PM

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QUOTE(danmooncake @ Sep 21 2011, 08:44 PM)
Don't be so happy guys, we're not out of the woods yet.

If by tomorrow, can't go above 1423.. then, watch out for head fake.
Meanwhile, move that stop to 1408.

I'm long now trading Malaysia Fund at US market.  biggrin.gif
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Which broker you use ? What is the symbol ? Is it EWM?
SUSgogo2
post Sep 22 2011, 12:16 AM

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QUOTE(Bonescythe @ Sep 22 2011, 12:09 AM)
Let's hope for a good tomorrow.

My picks
22 Sept picks
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Bro Scythe... i scared touching penny stock... is your penny stock recommendation safe?
SUSgogo2
post Sep 22 2011, 12:28 AM

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QUOTE(Bonescythe @ Sep 22 2011, 12:19 AM)
I dunno.. No one is forcing you to touch also.. I am sharing only.. Touch or not to touch, all your decision.

Yesterday recommend GPRO, Flonic, Wijaya, Denko + Malton.

Wijaya - Met TP 0.63
GPRO - Hoot up, unfinished yet
Flonic - Hoot up, unfinished yet

Denko - Open 0.495. My TP 0.50.. So no need to see already, don't need to play.

Malton - Laggard..
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thanks bro. thumbup.gif

Do you think I should get historical data from chart nexus or just use tradesignum? do u have any other recommendation?
SUSgogo2
post Sep 22 2011, 12:36 AM

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QUOTE(Bonescythe @ Sep 22 2011, 12:32 AM)
Yea, please do own research.. Don't blindly follow.
Tradesignum should be a good one i guess.. But historical data does not work quite well in this kind of stock. These are all goreng stock, small event can lead to big goreng.

If u want to compare result, probably on the big cap counter.. Fundamentally sound counter.. That could justify your action, because those counter are for long holding purposes. Looking back at those data can help u justify where to enter, where is long term support and resistance.

Here in this kind of goreng, use short term technical analysis.
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ok bro notworthy.gif
SUSgogo2
post Sep 22 2011, 07:49 AM

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Siren sounded?
SUSgogo2
post Sep 22 2011, 08:34 AM

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QUOTE(danielc156 @ Sep 22 2011, 08:28 AM)
HSI future -572........gonna break 18000 very very soon.....Japan  still ok -120 (-1.37%).... US future flat......everything still intact at this moment.
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1350 here we come
SUSgogo2
post Sep 22 2011, 08:50 AM

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QUOTE(flamestudio @ Sep 22 2011, 08:48 AM)
Yeah.......  rclxms.gif
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You look happy. So you gonna shopping today?

SUSgogo2
post Sep 22 2011, 08:55 AM

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QUOTE(monkeyking @ Sep 22 2011, 08:52 AM)
icon_rolleyes.gif Don't worry to much brother paikut as it's common for stocks to change direction in the minutes, hours and days following an important Fed announcement.After Fed announcements there's usually an initial reaction, seconds after. nod.gif Then there's usually a reversal. It seems like the initial reaction is usually reversed the next day, because people take a closer look at what actually was said. rclxms.gif  rclxms.gif
wub.gif Cheers brother.....please don't worry too much will you. flex.gif
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Unfortunately, that is true also when it goes up. Then next day it reverse down further. Its downtrend. So reverse reverse also it goes down. Its bearish market lol.
SUSgogo2
post Sep 22 2011, 09:01 AM

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QUOTE(flamestudio @ Sep 22 2011, 08:58 AM)
Haha....

No la. Gonna work harder...........

Muahaaa... cheers bro gogo2.
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cheers to you too:

Bearish also for this CPTEH:

QUOTE
DOW down almost 300 points. Hmm ... here we go again ... selling our remaining stocks? You see, it was bullish yesterday as KLCI was up 10points(thanks to SIME). HSI was down 200 points. Moody is moody again, downgrading large banks.

News : The Federal Reserve did what investors expected Wednesday — it said it would buy Treasury bonds to help the economy. But stocks fell anyway. The reason? The Fed made it clear that it thinks a full economic recovery is years away.

News : Moody’s cut its credit ratings Wednesday on three large banks — Bank of America, Citigroup and Wells Fargo — underscoring the challenges the sector still faces three years after the onset of the financial crisis.

So, we shall see more selling in coming weeks? Yes, I m currently reading a lot about banks ....and started to look into HKSE, leaving KLSE soon.

SIME : These are further discussion in the FB regarding SIME, ranging from divergence etc etc. I am a trader and only in for short-term ride on SIME(due to huge selling) so, I wont look into weekly charts and divergence which need weeks or months to form(LL). Hence, TIME FRAME is important to mention here. As mine a short-term technical rebound, I might be selling today. Yup, I m not the normal TA-kaki. Shiro, you need to learn from others(Edwin too) as they will confuse further of the way I trade. I am looking into FA - then, MA playing a role ... before I place the S&R. I am looking for technical-rebound as I feel that current market is NOT a buy-n-hold. Investors SHOULD have sold their positions about 2 months ago when many blue-chips and giants prices went below MA200. Today, we are in for bear-rally. I rest my case.

Will be too busy to write further today until night, if I m not too tired. Yes, classes and preparations will make me work till 6pm+ again today.

coward-stalker(CS) : Thanks ... I will continue to BS, dont you worry. And thanks for visiting early in the morning. You made my day!! Can I call you CS since you shown that characteristics? If you have forgotten, I never call anyone 'coward' but you used that on me. Wonder you know the meaning? Hmm ...

Peter Schiff - How to Profit From the Economic Collapse

SUSgogo2
post Sep 22 2011, 09:09 AM

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QUOTE(monkeyking @ Sep 22 2011, 09:07 AM)
thumbup.gif  People  try  to sell low at 27.5 cents...all Smartag 2153 lots were sapu away in 1 go....so what does that tell you my friends in this bad market? brows.gif  brows.gif
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someone is trying to stabilize the price? hmm.gif
SUSgogo2
post Sep 22 2011, 09:09 AM

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QUOTE(paikut @ Sep 22 2011, 09:08 AM)
where is the reversal?
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soon soon...
SUSgogo2
post Sep 22 2011, 09:12 AM

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QUOTE(Icehart @ Sep 22 2011, 09:09 AM)
To make matters worse, AMMB buying queue at RM 6 and yesterday closed at RM 6.11. This is a heavyweight counter. KLCI -13 and she haven't even trade.
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I have 2 CDS account. One in OSK. One in HLE. Can I buy and sell this share with my two account to make the share price move?

QUOTE(monkeyking @ Sep 22 2011, 09:10 AM)
icon_rolleyes.gif You totally wrong.....something important announcement should be coming soon I presume. rclxms.gif  rclxms.gif  rclxms.gif
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wah, if really true, good la.. .I still hold this share... rclxms.gif rclxms.gif rclxms.gif
SUSgogo2
post Sep 22 2011, 09:14 AM

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QUOTE(Icehart @ Sep 22 2011, 09:14 AM)
You can but what is the point? You going to incur brokerage charges and the prices won't move much also  laugh.gif
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if it has big gap, then I have push it down to create panic selling and then I can buy back the share... rclxms.gif rclxms.gif rclxms.gif rclxms.gif
SUSgogo2
post Sep 22 2011, 09:17 AM

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QUOTE(noswear @ Sep 22 2011, 09:16 AM)
dia ada...few millions shares..la....

can move it...

haha.... rclxms.gif
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hahaha, I can only dreaming to own that much shares... i'm ikan bilis only...

KLCI now 1407......
SUSgogo2
post Sep 22 2011, 09:21 AM

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QUOTE(Icehart @ Sep 22 2011, 09:19 AM)
Haahaha, I tried that before but it was warrant trading. Make some good profit  rclxms.gif

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wah, I joking only but you really do it ar? I tot stock price manipulation is illegal ? icon_question.gif
SUSgogo2
post Sep 22 2011, 09:24 AM

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QUOTE(danmooncake @ Sep 22 2011, 09:20 AM)
Be careful of waterfall.  wink.gif
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but every share react differently. Should we monitor 200SMA or 200EMA to see if we should sell all our shares ?
SUSgogo2
post Sep 22 2011, 09:29 AM

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Sometimes I wonder if this downtrend is double dip recession from 2008/2009 recession. 2010 and 2011 is just fake recovery.


Added on September 22, 2011, 9:37 am
QUOTE(danielc156 @ Sep 22 2011, 09:29 AM)
Genting gonna break 9 ....woohooo.....come come 8 bucks i buy
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HSI -566.63 -3.01%

This post has been edited by gogo2: Sep 22 2011, 09:37 AM
SUSgogo2
post Sep 22 2011, 09:47 AM

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QUOTE(danielc156 @ Sep 22 2011, 09:43 AM)
Than if tonight no QE3 pun.....go further holland
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1350 is achievable end of this week or next.

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