STOCK MARKET DISCUSSION V98, Celebrating KLCI breach 13xx point
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 Sep 19 2011, 04:27 PM
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#1
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Senior Member
1,886 posts Joined: Mar 2011 
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let's turn the stock forum into a chatroom while the losers buy high, before they know it, we are going to snipe the bear instead. 40% more discount to go, countdown begins now.
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Sep 19 2011, 11:49 PM
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#2
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Senior Member
1,886 posts Joined: Mar 2011
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QUOTE(lch78 @ Sep 20 2011, 12:36 AM) Well, it is nice to see KLCI rallied from 900+ to 1500+, thanks to QE1+2. I pondered that question before. they could use the money to create more jobs for us citizen or invest in the economy. Since it's a bear market, I don't intend to buy anything yet, just sit back and watch how us and europe performs within the next two months. just observe the unemployment rate, earning growth, debt settlement/default, and other market data, and finally watch out for any sign of bull. oh boy can't wait. this bear makes me bored, cannot even short as the volume is low and thus not liquidable. Those who makes money and over-leverage will die, but those who make money and keep will survive..  I think Greece defaulting is just a matter of time. Germany already prepares for it, LKY already said something about it. Then the rest of the news we read, are just like lips service to buy time only for dunno what or who.. The question is whether this Greece defaults will cause even greater effect across the world or specifically US. If it does, then a prolong recession is a sure thing.. If it can be contained within Euro countries, then the effect will go away quicker. One thing I don't understand is why FF keep on selling down KLCI and Asia? Euro is sick at the moment, and US is in bad shape still. Where the money can go?? There are literally trillions of dollars floating around after QE... Cannot be everything inject into gold..   |
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Sep 20 2011, 12:15 AM
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#3
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1,886 posts Joined: Mar 2011
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We can gauge the strong dip by tracking the ADX movement. Since it is still staying below 25, the CI has actually not shown any sign of strong trend yet. Now it is considered sideway movement. If it begins upward and approaches 50, then the trend will rally downward if and only if DI+ follows downward movement.
Alex said that ADX is the last indicator left that has not flagged as a warning. Meaning all other indicators including SMA,EMA,MACD,RSI have shown their downward bias. This post has been edited by primepeng: Sep 20 2011, 12:21 AM |
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Sep 20 2011, 03:52 PM
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#4
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QUOTE(simonc @ Sep 20 2011, 04:46 PM) Europe little green. Even DJ future almost green. malaysian acts at the last minute only. KLSE being a real d***.  |
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Sep 20 2011, 06:05 PM
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#5
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1,886 posts Joined: Mar 2011
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german reacts strongly on the upside despite Italy's rating being downgraded by S&P this morning. cannot be this reason. I think they are expecting an outcome from the two-days meeting. They just lost confident on the German's Chancellor. Market is eyeing on US again.
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Sep 20 2011, 06:54 PM
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#6
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QUOTE(monkeyking @ Sep 20 2011, 07:19 PM) .This post has been edited by primepeng: Sep 20 2011, 07:25 PM |
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Sep 20 2011, 09:36 PM
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#7
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1,886 posts Joined: Mar 2011
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QUOTE(ivan1128 @ Sep 20 2011, 10:26 PM) News that I wished i never saw - IMF says there is 1 in 6 chance UK is in another recession. :S 20% chance to fall into a recession. 80% chance to avoid one.well it's more like a good news to me. This post has been edited by primepeng: Sep 20 2011, 09:36 PM |
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Sep 20 2011, 11:03 PM
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#8
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QUOTE(kalandra @ Sep 20 2011, 11:58 PM) Dow Jones is green now. But market is volatile, so too early to tell. well tomorrow FF selling may ease a bit. |
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Sep 21 2011, 12:33 AM
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#9
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QUOTE(aeronic @ Sep 21 2011, 01:21 AM) I just watched CNBC America, the fact that IMF downgraded US has gonna have a lot of impact on wallstreet. not much movement in the market trend right now though. I believe US is preoccupied with the meeting atm. nevertheless, the downside outlook of US economy has more or less been factored in after the S&P downgraded it.Added on September 21, 2011, 1:07 amBerlusconi blasts Italy downgrade Europe market rose yesterday despite S&P downgraded Italy's market. S&P has been causing all the noises by downgrading many countries including KLSE, it occured around the same time of US downgrade. I guess they are working on the European's credit rating recently. This post has been edited by primepeng: Sep 21 2011, 01:08 AM |
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Sep 21 2011, 10:45 AM
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#10
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QUOTE(danmooncake @ Sep 21 2011, 11:16 AM) Bulls: Watch that support line at 1404. If this get smacked down by noon, GTFO! em.. we need more people to cut loss...the bear is doing some psycho damage at these weak people, who believe they can bear losing more money, this kind of market behaviour render 1400 achievable. No one can control the movement of free market, so if they could sell lower to you, you are actually buying at a discount already...and the advantage is now...yours. Loss from a loser is a gain from a buyer, except this time of bear round...because you can get a larger discount than before...only this time round, not during past two years...besides you can hardly get this good offer during that time of bull rally. So buy and buy.Bears: Time pump up more bear powers.. you're almost there for another goal. If you can push them down to 1400, this will be major milestone.. bulls automatically turned to bears we'll see another waterfall. This post has been edited by primepeng: Sep 21 2011, 10:49 AM |
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Sep 21 2011, 10:58 AM
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#11
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U.S. Republicans Urge Bernanke to Refrain From Further Stimulus
Some of you have agreed on this earlier. Asia market rose surprisingly. |
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Sep 21 2011, 12:02 PM
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#12
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Added on September 21, 2011, 12:02 pmwhere's the newbies? I believe the sudden rise is a side effect from the final decision expected to come out from the two-days meeting. This post has been edited by primepeng: Sep 21 2011, 12:02 PM |
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Sep 21 2011, 12:12 PM
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#13
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QUOTE(danmooncake @ Sep 21 2011, 01:04 PM) Nope, we're oversold. I only see one time oversold from RSI recently. |
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Sep 21 2011, 12:37 PM
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#14
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takaso has already dropped about 80% and obviously the largest discount ever.
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Sep 21 2011, 12:56 PM
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#15
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I just drew an intra-day graph on CI. The yellow straight line is the support line and at the end of this line, you see it cuts through 1424. This may be the minimum closing price that I wanna see for today.
This post has been edited by primepeng: Sep 21 2011, 12:57 PM Attached thumbnail(s) 
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Sep 21 2011, 01:30 PM
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#16
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QUOTE(DarkNite @ Sep 21 2011, 02:10 PM) These days manyak susah. Every counter looks delicious...but ....! yessh. Almost all the counters have been oversold and undervalued by at least twice the fall(>40%) from the recent US downgrade. Due to the price pushed down ever since the downgrade news, those counters that still remain strong are also undervalued. So what's the point of cutting loss and later regret over an undervalued counter. it makes no sense to throw away a good opportunity, but now it makes more sense if one day you get to see your stock reaching the star, and the moon,... the intrinsic value. |
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Sep 21 2011, 04:35 PM
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#17
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QUOTE(simonc @ Sep 21 2011, 05:34 PM) Smartag 3700 ate in 1 shot. Wow .This post has been edited by primepeng: Sep 21 2011, 04:37 PM |
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Sep 21 2011, 07:16 PM
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#18
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QUOTE(StupidGuyPlayComp @ Sep 21 2011, 06:41 PM)  BJtoto result out, yoy up 44% to 6.89centsbut if 6.89 X 4 quarter, 27.6cents, trading at 15.8X PER...............not attractive announced 8cent divvy as well |
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Sep 21 2011, 09:30 PM
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#19
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QUOTE(Superman7 @ Sep 21 2011, 09:03 PM) well done Glomac I see glomac has been a talk-about stock before. I just wonder who first recommended the stock? |
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Sep 21 2011, 10:47 PM
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#20
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I guess I don't hear any sound besides the rain now. very noisy but our nature acts by itself.
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and this...OMG , not again.