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 STOCK MARKET DISCUSSION V99, Don't miss out buying time

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simonc
post Sep 30 2011, 04:06 PM

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DMC also said don't hold over the weekend this morning biggrin.gif


Lets go re-test 1350 support biggrin.gif


simonc
post Sep 30 2011, 04:21 PM

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QUOTE(andrewckj @ Sep 30 2011, 04:19 PM)
haha, KLCI breach the decrease 10 points mark already..lols!
*
Go break previous 1375 line... Hehehe drool.gif
So near yet so far.
simonc
post Sep 30 2011, 04:25 PM

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QUOTE(protonw @ Sep 30 2011, 04:24 PM)
Why my Jupiter screen no blink blink... CI -9.87??
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-10.25
simonc
post Sep 30 2011, 04:37 PM

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QUOTE(andrewckj @ Sep 30 2011, 04:30 PM)
Sell or Buy??
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Sell ppl wont come out with rclxub.gif emoticon tongue.gif


Added on September 30, 2011, 4:39 pm
QUOTE(protonw @ Sep 30 2011, 04:31 PM)
buy 7.85  rclxub.gif
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7,92 already.. can sell laugh.gif

This post has been edited by simonc: Sep 30 2011, 04:39 PM
simonc
post Sep 30 2011, 04:44 PM

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QUOTE(sulifeisgreat @ Sep 30 2011, 04:40 PM)
time to apply for membership at IIVC (Involuntary Investor Club)  laugh.gif
as long as support line still holds, then no worries la  brows.gif
time to look at klci components over the weekend for riding  flex.gif
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icon_rolleyes.gif
simonc
post Sep 30 2011, 04:52 PM

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QUOTE(mopster @ Sep 30 2011, 04:52 PM)
KLCI flat... terror ride +10->-10->0 ...
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Those shorting/long FKLI also bengang laugh.gif
simonc
post Sep 30 2011, 05:07 PM

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QUOTE(protonw @ Sep 30 2011, 04:58 PM)
Came back, Can you belief, I keyed Maybank to sell at 7.98 kena wallop at rm8...  hmm.gif what happen?? window dressing...  laugh.gif
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You have been a good jie jie so you're rewarded thumbup.gif rclxms.gif
simonc
post Sep 30 2011, 08:19 PM

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QUOTE(danmooncake @ Sep 30 2011, 07:25 PM)
All my leading indicators went off bizarre way Thurs evening after US market closed. (it was weak up market despite Dow gain 143 pts - clearly window dressing). Therefore, I decided to cash out for the weekend after almost 90 pts gain from the lows of Monday. I'm about 10 pts short of my exit price but better to lock in profits than to see them evaporates with unexpected event on Monday.  The biggest uncertainty is about to unfold from China.  sweat.gif

I certainly like to see the bulls to take it higher 'coz there's not much money to be made from here at this level for bears.  brows.gif

At US market (much higher volatility), I'm all hedge with puts protection for my remaining longs.

Good luck to all.. I'm taking the family to a nice meal.  biggrin.gif
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Last minute pullback up to close almost unchanged. Think we have may second chance to retest 1400. Or test the other way around tongue.gif

All the best on Monday smile.gif

This post has been edited by simonc: Sep 30 2011, 08:21 PM
simonc
post Sep 30 2011, 09:05 PM

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Lets read news...

As usual after the good ones, come the bad news...


US STOCKS-Futures lower as China manufacturing contracts

http://www.reuters.com/article/2011/09/30/...panyNews&rpc=43


Futures Plunge on Global Growth Jitters

http://www.thestreet.com/_yahoo/story/1126...=FREE&cm_ite=NA


Stock futures lower as China manufacturing still weak

http://finance.yahoo.com/news/Stock-future...nV0dXJlcw--?x=0


Crude Oil Heads for Its Biggest Quarterly Decline in New York Since 2008

http://www.bloomberg.com/news/2011-09-30/c...since-2008.html

Feds probe triggers Chinese tech stock tumble

http://www.theregister.co.uk/2011/09/30/doj_chinese_firms/

This post has been edited by simonc: Sep 30 2011, 09:10 PM
simonc
post Oct 3 2011, 08:43 AM

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QUOTE(fastreader @ Oct 3 2011, 08:41 AM)
what is the thing about mbsb?..a ny gud news kah?>
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Personally doubt that q. Baiting ikan bilis tongue.gif


Added on October 3, 2011, 8:49 amGreece confirms it will miss deficit targets

Written by Reuters
Monday, 03 October 2011 07:39

ATHENS: Greece will miss 2011 and 2012 budget deficit targets set by the EU and the IMF, according to figures published by the finance ministry on Sunday after the cabinet adopted the draft 2012 budget.

The budget deficit will reach 8.5 percent of GDP this year, missing a 7.6 percent target. It will be brought down to 6.8 percent of GDP next year but will still miss the bailout target of 6.5 percent of GDP.

"Three critical months remain to finish 2011, and the final estimate of 8.5 percent of GDP deficit can be achieved if the state mechanism and citizens respond accordingly," the Finance Ministry said in a statement. – Reuters

This post has been edited by simonc: Oct 3 2011, 08:49 AM
simonc
post Oct 3 2011, 09:12 AM

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QUOTE(noswear @ Oct 3 2011, 09:10 AM)
bernas???

no money eat rice la....after market down like tat...been eating grass....

so how can bernas go up??
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Dont eat all the grass. Moo moo cow need to eat laugh.gif
simonc
post Oct 3 2011, 10:44 AM

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QUOTE(mopster @ Oct 3 2011, 10:41 AM)
wow... forum only +4pages today.... sweat.gif
where's everyone... blink.gif

this week is very very heavy with news.... get ready for some wild swings and roller coaster rides...
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Yea.. whole week mari mari bad news biggrin.gif



simonc
post Oct 3 2011, 10:57 AM

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QUOTE(cherroy @ Oct 3 2011, 10:54 AM)
Bull must prey this figure at least show some improvement, if not, deeper cleavage can be seen.
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Bare it all... straight see nippy drool.gif

simonc
post Oct 3 2011, 01:13 PM

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Dali blow water on AFG

http://malaysiafinance.blogspot.com/2011/0...dering-now.html
simonc
post Oct 3 2011, 01:16 PM

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QUOTE(DarkNite @ Oct 3 2011, 01:14 PM)
Next stop ZIMBABWE!
user posted image
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I am feeling rich already.. like hell note biggrin.gif


simonc
post Oct 3 2011, 01:27 PM

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QUOTE(Bonescythe @ Oct 3 2011, 01:19 PM)
Yea..
Do u know resting is one of crucial component in a battle plan?

In a war, sometimes we need to :-

Attack in a guerrilla method - Nimble stage by stage, average down, or average up as long as plan is intact.
Attack in force - Good amount of firing. Heavy armed, fire more than normal.
Attack in full force - All out firing method. Leverage on all financial tools available to capture the best profits. Loans, mortgage, margin, warrants.

Retreat - Putting a stop loss, cutting loss first before letting damage eating deeper. Cut loss doesn't mean lose already. It is lose first, plan again to win later.

Rest - Do nothing, watch and analyze and wait for the golden opportunity. It is stupid to go out a field where bullets are flying all around. You will only get yourself shot in a bad manner. Golden opportunity comes when one side is reloading, rearming. Rest doesn't means sleep.. But get ready to catch any opportunity when it strikes. Be on guard.


My current mode -> Rest mode.

On guard, analyzing enemy movement and pace. Once opportunity comes, seize it and make a fast counter attack before hiding back when enemy comes back for another round of firing.
*
A short paragraph from Jesse Livermore book.

That led him to his second conclusion, that no one could or should trade the market all the time. There were times when a trader should be out of the market, in cash, waiting.

thumbup.gif

simonc
post Oct 3 2011, 05:04 PM

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No need guess la. Tonight see DJ enough smile.gif

simonc
post Oct 4 2011, 08:28 AM

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QUOTE(bennike129 @ Oct 4 2011, 06:14 AM)
Though there's news stating Greece default is inevitable, but it's still unlikely to happen anytime now. Isn't it ?
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Always expect the unexpected then you'll be prepared.
simonc
post Oct 4 2011, 09:17 AM

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QUOTE(Icehart @ Oct 4 2011, 09:16 AM)
Today not so red or the bear attack still waiting?
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Bear having breakfast at kopitiam.

simonc
post Oct 4 2011, 09:23 AM

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KLSE really sleeping...

Look at STI, Nikkei and even Korea.


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