Fundsupermart.com v2, Learn about DIY unit trust investing
|
|
 Mar 21 2013, 03:24 PM
Return to original view | Post
#1
|
 
Senior Member
1,639 posts Joined: Nov 2010 
|
so serious meh...
buy the rumour, sell the news.... the stock market is a gambling den full of punters reacting to any rumours/news... see people queuing at the ATMs in Cyrus on Sunday, sell on Monday... stock market going up, just waiting for a reason to take money off the table... stock market going down, just waiting for a reason to be jittery and sell. The americans are laughing off their heads... $10 billion only, and euro can't print money.  |
|
|
May 7 2013, 08:52 PM
Return to original view | Post
#2
|
|
Senior Member
1,639 posts Joined: Nov 2010
|
QUOTE(wongmunkeong @ May 7 2013, 06:34 PM) my guess is - Foreign Exchange concern ringgit gained 2% yesterday (Monday).ie. some stocks are held in USD / EU / SGD or others thus, when converting to a strong MYR, it becomes "lower" similar thing happened to my SG REITs when i convert to MYR (down in "converted to MYR" terms) however, if i view them as SGD, no down. Just a thought - may be other causation   so foreign funds in the red today... unless the fund can offset the 2% increased in a single day. KLCI gained more than 3% yesterday. If added to today's increment 1.4%....  |
|
Topic ClosedOptions
|
| Change to: |  0.0421sec
 0.77
 7 queries
 GZIP Disabled
Time is now: 4th December 2025 - 03:54 PM |
Quote