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 USA Stock Discussion v5, Investment,Trader,Financial Ratios,HUAT?

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TSnetmask8
post Dec 11 2013, 11:18 PM, updated 12y ago

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Continue from previous old USA Stock Discussion v4 which is no longer available.
https://forum.lowyat.net/topic/2027841/+3740

Year 2013 is a rclxm9.gif very good year for DJIA, S & P 500, Russell, Nasdaq .. How about year 2014 forecast/prediction? hmm.gif Will economist/analyst expect a 10% correction or more in year 2014,
some major volatility, good Treasury yield, increase of interest rate, inflation above 3%,
bubbles causes by the QE / money printing /currency trading war or etc..etc? Will the
year 2014 of Chinese HORSE horoscope will continue riding through the hills and mountains like year 2013?
What are your strategies or secret success formula to trade in USA Stock?

What is your best ever stock you ever have brows.gif and still holding it? What are the financial ratios you are looking
at before you make up your mind to buy/trade USA Stocks? Any good "own" trading skills/experiences you
want to share about? Will DJIA reaches 20K pts by end of year 2016? whistling.gif Will financial/housing/credit crisis or
new type of unforseen circumstance will be happened again? When is the best time to unlock your profit?
If you sell yr stocks, where you put yr money to work even harder for you? Why rich ppls becomes even more richer?
Is CBOE Volatility Index (VIX) still relevant in Today's Investment?

Why do you like to invest / trade in USA Market? What are the best brokers available? How to
open an account to trade/invest USA stocks? All the world knews that USA market is the biggest stock
market, as USA country is the biggest economy power in term of GDP.. Rule # 1 Don't make losses in
USA Stock market. Rule # 2 Don't forget rule # 1 .. How to make good money in a falling market? The cure for money
madness is .... Common Stocks and Uncommon Profits. Roadmap to successful financial freedom? Break
your bad money habits, live without financial stress and make more money. No more destructive debt,
overspending, money fights, worries, secrets, or lies? We all want to do the RIGHT thing with our money,
make it GROW, spend it wisely, and use it to MAKE the world a better place. BUT something is stopping us from
doing that, and we all have a name for it. It is called "Money Madness". WHY? All the best. Start to Discuss.
Bullish Year of Horse 2014 ???

Jeremy Siegel's Bullish Call 2014

This post has been edited by netmask8: Jan 2 2014, 11:46 PM
TSnetmask8
post Dec 11 2013, 11:42 PM

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TWTR, WYNN, MPEL and LVS are in record rclxms.gif high again.. Super BULL continue till Saint Nicholas is out of gift?

In North Poles, this joyous, white-bearded man wearing a red coat with white collar and cuffs, white-cuffed red trousers, and black leather belt/boots and carries a bag full of gifts for USA Stock? Did you write a letter
to Santa Claus to ask for the exact USA Stock directions in coming X'mas and New year 2014?

Why banking/financial stocks were in stagnation mode? BAC, C, LYG, NBG, RBS, UBS, JPM, WFC, GS
Is USA Housing Stocks good to buy? SPF, BZH, LEN, DHI, HOV
Do u like Technology Stock? TXN, STM, ADI, MXIM, INTC, FCS, CSCO, IBM, MSFT, AAPL,GOOG
How abt consumer and health care field ? JNJ, MRK, LLY, KO, MCD, WMT, PG

This post has been edited by netmask8: Dec 12 2013, 12:30 AM
yok70
post Dec 12 2013, 01:04 AM

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When will be the Fed meeting? Jobs data was good, more tapering talk coming? tongue.gif
danmooncake
post Dec 12 2013, 07:50 AM

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Will 2014 be finally the bears come out from nowhere as a surprise? I hope so... brows.gif
TSnetmask8
post Dec 12 2013, 08:42 AM

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QUOTE(yok70 @ Dec 12 2013, 01:04 AM)
When will be the Fed meeting? Jobs data was good, more tapering talk coming?  tongue.gif
*
The next FED meeting will be held on 17th and 18th Dec 2013 ..

2014
28-29 Jan 2014
18-19 March 2014
29-30 Apr 2014
---
---
---

Source ==>> FED MEETING SCHEDULE - SOURCE

This post has been edited by netmask8: Dec 12 2013, 08:42 AM
danmooncake
post Dec 12 2013, 09:21 AM

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QUOTE(netmask8 @ Dec 11 2013, 11:42 PM)
TWTR, WYNN, MPEL and LVS are in record  rclxms.gif high again.. Super BULL continue till Saint Nicholas is out of gift?

In North Poles, this joyous, white-bearded man wearing a red coat with white collar and cuffs, white-cuffed red trousers, and black leather belt/boots and carries a bag full of gifts for USA Stock?  Did you write a letter
to Santa Claus to ask for the exact USA Stock directions in coming X'mas and New year 2014?

Why banking/financial stocks were in stagnation mode?  BAC, C, LYG, NBG, RBS, UBS, JPM, WFC, GS
Is USA Housing Stocks good to buy?  SPF, BZH, LEN, DHI, HOV
Do u like Technology Stock? TXN, STM, ADI, MXIM, INTC, FCS, CSCO, IBM, MSFT, AAPL,GOOG
How abt consumer and health care field ? JNJ, MRK, LLY, KO, MCD, WMT, PG
*
You know, even since Bernanke took office, he has been the market Santa Claus except for 07 and 08.
Now, we all know Bernanke will no longer be here next year, and Yellen will take over.
I think she could be the Grinch instead of playing Claus for next year. tongue.gif
Myoswee
post Dec 12 2013, 12:43 PM

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QUOTE(danmooncake @ Dec 12 2013, 07:50 AM)
Will 2014 be finally the bears come out from nowhere as a surprise?  I hope so...  brows.gif
*
I hope so too brows.gif

Been going up from 09 till now.

The bull must be tired
yok70
post Dec 12 2013, 01:31 PM

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QUOTE(netmask8 @ Dec 12 2013, 08:42 AM)
The next FED meeting will be held on 17th and 18th Dec 2013 ..

2014
28-29 Jan 2014
18-19 March 2014
29-30 Apr 2014
---
---
---

Source ==>>  FED MEETING SCHEDULE - SOURCE
*
thanks. looks like chinese new year holidays could be a stress one if still holding high % of stocks. sweat.gif
danmooncake
post Dec 13 2013, 12:36 AM

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QUOTE(yok70 @ Dec 12 2013, 01:31 PM)
thanks. looks like chinese new year holidays could be a stress one if still holding high % of stocks.  sweat.gif
*
Chinese new year should be good for Asian stocks (Year of the Horse).. but not sure about US stocks.

I look at the performance of China/HKSE market.. been flat for entire year of 2013. Hopefully, next year will be better for them (rotation).
yok70
post Dec 13 2013, 07:18 AM

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QUOTE(danmooncake @ Dec 13 2013, 12:36 AM)
Chinese new year should be good for Asian stocks (Year of the Horse).. but not sure about US stocks.

I look at the performance of China/HKSE market.. been flat for entire year of 2013. Hopefully, next year will be better for them (rotation).
*
I've been accumulating China/HK shares especially in the past 1 year, and I plan to continue doing this for the next few months. laugh.gif
Louiz
post Dec 13 2013, 10:50 PM

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Anyone shorting twtr?
danmooncake
post Dec 14 2013, 11:11 PM

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QUOTE(Louiz @ Dec 13 2013, 10:50 PM)
Anyone shorting twtr?
*
Depending on your timeline, now, it's the time to stay long, not short for TWTR.
Wait for it to stall at the top first. It's still going up.

This post has been edited by danmooncake: Dec 14 2013, 11:15 PM
TSnetmask8
post Dec 16 2013, 11:06 PM

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Las Vegas Sands(LVS) price was in 5 year high.. Aborted usd30B EuroVegas casino development plan
in Madrid as Spain unemployment reaches 26% ..Use its cashflow for Japan and S.Korea casino
licenses /business expansion if parliament legalised casino bill in Q1 2014 or perhaps, payout special
dividend with its huge cashflow.
Qrtrly dividend 2012 = 25cents. Special Dividend = usd 2.75 . Total dividend for 2012 = usd 3.75 per share.
Qrtrly dividend 2013 = 35cents. Special Dividend = waiting for announcement.

This post has been edited by netmask8: Dec 16 2013, 11:11 PM
TSnetmask8
post Dec 16 2013, 11:27 PM

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QUOTE(yok70 @ Dec 13 2013, 07:18 AM)
I've been accumulating China/HK shares especially in the past 1 year, and I plan to continue doing this for the next few months.   laugh.gif
*
FYI Only.
Some HK shares have been up at least 3 - 7 folds since year 2010.. E.g Wynn Macau Ltd (1128.HK) / MGM Chn
(2282.HK) - 3 fold , Macau Legend (1680.HK) - 4 fold, Sands Chn (1928.HK) - 6 fold , GALAXY Ent(0027.HK) - almost 7 fold rclxm9.gif ..etc.. So sorry.. Wrong forum to discuss HK shares per thread topic.

This post has been edited by netmask8: Dec 16 2013, 11:29 PM
yok70
post Dec 16 2013, 11:33 PM

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why so bullish today?? unsure.gif
TSnetmask8
post Dec 16 2013, 11:39 PM

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QUOTE(yok70 @ Dec 16 2013, 11:33 PM)
why so bullish today??  unsure.gif
*
Old concept = Buy in Oct Sell in Apr ??
IMHO, Taper of QE topic will be discussed on 17th-18th Dec 2013 ( Last FED meeting of year 2013 and
also last chapter for Fed chairman).

Taper QE/Bond = GOOD, as USA economy can sail by itself without any help..
No taper QE/Bond = also good, as usually QE helps equity/employment ..etc to move uptrend.
QE or Not, doesn't matter for Super BULL to move even higher.Investment is for long-term..

This post has been edited by netmask8: Dec 16 2013, 11:50 PM
yok70
post Dec 17 2013, 04:41 AM

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QUOTE(netmask8 @ Dec 16 2013, 11:39 PM)
Old concept = Buy in Oct Sell in Apr ??
IMHO, Taper of QE topic will be discussed on 17th-18th Dec 2013 ( Last FED meeting of year 2013 and
also last chapter for Fed chairman).

Taper QE/Bond = GOOD, as USA economy can sail by itself without any help..
No taper QE/Bond = also good, as usually QE helps equity/employment ..etc to move uptrend.
QE or Not, doesn't matter for Super BULL to move even higher.Investment is for long-term..
*
super bull....only time can tell. biggrin.gif
Louiz
post Dec 17 2013, 11:56 AM

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Feel like shorting twtr tonight, shoudn't I?
danmooncake
post Dec 18 2013, 01:59 AM

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QUOTE(Louiz @ Dec 17 2013, 11:56 AM)
Feel like shorting twtr tonight, shoudn't I?
*
The sell signal came in yesterday ($60). It's not too late but if you want to do it,
do it with a defined stop.


jerrychoo2004
post Dec 18 2013, 09:29 AM

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FB so bullish ^^
Louiz
post Dec 18 2013, 10:58 AM

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QUOTE(danmooncake @ Dec 18 2013, 01:59 AM)
The sell signal came in yesterday ($60). It's not too late but if you want to do it,
do it with a defined stop.
*
Yeah...just manage to short from 57 to 55.. kinda hard to play with...the stoxck still volatile

This post has been edited by Louiz: Dec 18 2013, 10:59 AM
yok70
post Dec 18 2013, 09:01 PM

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show time today. popcorn ready. cool2.gif
yok70
post Dec 19 2013, 02:32 AM

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damn! so many optimistic researchers bullish on Apple. Keep quiet lah! Let the bear plays a little more drama lah! I still have 3 more batch to go lah! mad.gif
danmooncake
post Dec 19 2013, 02:35 AM

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QUOTE(yok70 @ Dec 19 2013, 02:32 AM)
damn! so many optimistic researchers bullish on Apple. Keep quiet lah! Let the bear plays a little more drama lah! I still have 3 more batch to go lah!  mad.gif
*
AAPL still going down.. almost to 53x.xx level, that would be a good buy point.
mabsandcals
post Dec 19 2013, 02:44 AM

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hello all biggrin.gif
registering my interest again in this thread, demoing on AA
JAN 9 / 10 calls

This post has been edited by mabsandcals: Dec 19 2013, 02:45 AM
yok70
post Dec 19 2013, 02:54 AM

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QUOTE(danmooncake @ Dec 19 2013, 02:35 AM)
AAPL still going down.. almost to 53x.xx level, that would be a good buy point.
*
you expect this mild correction? i wish to see close to 500... cry.gif
already touched 538 today. already time to buy? ... sad.gif

This post has been edited by yok70: Dec 19 2013, 02:56 AM
yok70
post Dec 19 2013, 02:55 AM

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QUOTE(mabsandcals @ Dec 19 2013, 02:44 AM)
hello all biggrin.gif
registering my interest again in this thread, demoing on AA
JAN 9 / 10 calls
*
welcome! icon_rolleyes.gif
mabsandcals
post Dec 19 2013, 02:58 AM

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QUOTE(yok70 @ Dec 19 2013, 02:55 AM)
welcome!  icon_rolleyes.gif
*
hello comrad yok, exciting 30 -45 mins to come
mabsandcals
post Dec 19 2013, 03:02 AM

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fuyoh dollah index vroom vroom, fed cuts to 35b
yok70
post Dec 19 2013, 06:09 AM

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finally, tapering conform! this is good news! one good step to lessen uncertainty. rclxms.gif
2611
post Dec 19 2013, 08:00 AM

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QUOTE(yok70 @ Dec 19 2013, 06:09 AM)
finally, tapering conform! this is good news! one good step to lessen uncertainty.  rclxms.gif
*
how much will it affect our local market ? or asian market in overall ?
danmooncake
post Dec 19 2013, 09:41 AM

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QUOTE(yok70 @ Dec 19 2013, 02:54 AM)
you expect this mild correction? i wish to see close to 500... cry.gif
already touched 538 today. already time to buy? ...  sad.gif
*
Yes! I'm IN!

The intraday reversal is good, it follows SP500 to bounce, though not as much.
The bulls are happy again. Taper news is good news...

This post has been edited by danmooncake: Dec 19 2013, 09:46 AM
yok70
post Dec 20 2013, 05:03 AM

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QUOTE(danmooncake @ Dec 19 2013, 09:41 AM)
Yes! I'm IN! 

The intraday reversal is good, it follows SP500 to bounce, though not as much.
The bulls are happy again. Taper news is good news...
*
ok! Added my 3rd batch of Apple today at 544.50. Don't want wait anymore, so tired waiting it to drop for months. Just buy in my 4th and 5th batch if it drops lah. blush.gif

target 800 by next 2 years. tongue.gif

This post has been edited by yok70: Dec 20 2013, 05:07 AM
jerrychoo2004
post Dec 20 2013, 09:21 AM

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me already fully loaded on stock last month....no more cash ^^
let the bull run wild!!!!
danmooncake
post Dec 20 2013, 10:04 PM

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QUOTE(Louiz @ Dec 18 2013, 10:58 AM)
Yeah...just manage to short from 57 to 55.. kinda hard to play with...the stoxck still volatile
*
Better take a look and close out short depending on your position. Bulls are back in control for TWTR.
yok70
post Dec 21 2013, 01:02 AM

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damn bullish.
this christmas is a bull. tongue.gif
felixmask
post Dec 21 2013, 06:25 AM

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QUOTE(yok70 @ Dec 21 2013, 01:02 AM)
damn bullish.
this christmas is a bull.  tongue.gif
*
Us 10 Treasury -bill drop to 2.8870%.

not what gark expected above 3.00%
danmooncake
post Dec 21 2013, 09:12 AM

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This will be Bernanke last Christmas gift to the bulls. Just enjoy it and ride the bulls till Jan. biggrin.gif
yok70
post Dec 22 2013, 05:12 AM

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QUOTE(danmooncake @ Dec 21 2013, 09:12 AM)
This will be Bernanke last Christmas gift to the bulls. Just enjoy it and ride the bulls till Jan.  biggrin.gif
*
My Christmas wish is Yellen to take over this bull from Bernanke and continue the ride until 2016 for a big crash down. drool.gif

yok70
post Dec 22 2013, 05:16 AM

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QUOTE(felixmask @ Dec 21 2013, 06:25 AM)
Us 10 Treasury -bill drop to 2.8870%.

not what gark expected above 3.00%
*
My New year wish is it to drop back to 2.20 and be stabilized there in 2014. notworthy.gif
Havoc Knightmare
post Dec 23 2013, 12:47 AM

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Hi guys,

I would like to transfer funds from my Malaysian HSBC account to my OptionXpress account, but am trying to figure out the account number to key in. Should I add the SWIFT code in front of their bank account number? This is my first time wiring funds over to the US. Previously I was transferring from my SGD account in SG to their Singaporean account.

Btw guys, check Gilead out.. its due for a massive run up in 2014. My options on the stock has paid off handsomely rclxm9.gif
jerrychoo2004
post Dec 23 2013, 09:45 AM

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QUOTE(yok70 @ Dec 22 2013, 05:12 AM)
My Christmas wish is Yellen to take over this bull from Bernanke and continue the ride until 2016 for a big crash down.  drool.gif
*
this i like veli much heheheee rclxms.gif
rjb123
post Dec 23 2013, 10:58 AM

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Just a quick question regarding US Withholding taxes, hope someone can confirm I'm correct with the below. I've opened an account with TD Ameritrade with the intention of investing in some ETFs and just trying to make sure I'm understanding the withholding tax correctly :

1. If there's dividend payouts - they'll be charged at 30% Withholding taxes
2. If I opt for dividends to be automatically re-invested, this avoids the 30% withholding tax
3. In case of Nr 2, once the ETF is sold, there's no CGT to be paid

Thanks in advance. I've invested through UK brokers before but not the US notworthy.gif
yok70
post Dec 23 2013, 04:28 PM

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Apple deal with China Mobil has signed.
Lets see if it will be a sell on news or buy on news.
Both sides I also ok one, you sell i buy, you buy i hold. brows.gif
5w33
post Dec 23 2013, 06:16 PM

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QUOTE(yok70 @ Dec 23 2013, 04:28 PM)
Apple deal with China Mobil has signed.
Lets see if it will be a sell on news or buy on news.
Both sides I also ok one, you sell i buy, you buy i hold.  brows.gif
*
Yeah, finally. rclxms.gif
Expect to go up around 3-5%?
yok70
post Dec 23 2013, 06:17 PM

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QUOTE(5w33 @ Dec 23 2013, 06:16 PM)
Yeah, finally. rclxms.gif
Expect to go up around 3-5%?
*
no idea. stick to my tp of 800 (maybe 1000). brows.gif
5w33
post Dec 23 2013, 06:25 PM

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QUOTE(yok70 @ Dec 23 2013, 06:17 PM)
no idea. stick to my tp of 800 (maybe 1000).  brows.gif
*
TP 800 maybe 1-2 years time lar. tongue.gif
Or maybe AAPL manage to come up with another BIG thing in 2014.
yok70
post Dec 23 2013, 07:28 PM

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QUOTE(5w33 @ Dec 23 2013, 06:25 PM)
TP 800 maybe 1-2 years time lar. tongue.gif
Or maybe AAPL manage to come up with another BIG thing in 2014.
*
BIG screen iphone not BIG enough for you? tongue.gif
rjb123
post Dec 23 2013, 11:05 PM

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QUOTE(Havoc Knightmare @ Dec 23 2013, 12:47 AM)
Hi guys,

I would like to transfer funds from my Malaysian HSBC account to my OptionXpress account, but am trying to figure out the account number to key in. Should I add the SWIFT code in front of their bank account number? This is my first time wiring funds over to the US. Previously I was transferring from my SGD account in SG to their Singaporean account.

Btw guys, check Gilead out.. its due for a massive run up in 2014. My options on the stock has paid off handsomely rclxm9.gif
*
According to the Help section on HSBC MY :

Provide 9 digit beneficiary bank’s ABA (American
Bank Association )/Fedwire routing number
followed by the beneficiary account number


The ABA should be sufficient, as there isn't anywhere to input BIC/SWIFT
jerrychoo2004
post Dec 23 2013, 11:11 PM

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wah today so bullish especially y beloved aaple and facebook hehehee
yok70
post Dec 24 2013, 01:03 AM

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when will be US's holidays? 25th and 1th? notworthy.gif
yok70
post Dec 24 2013, 01:08 AM

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FB now in S&P. Does it mean it is no longer in Nasdaq? Can it co-exist? notworthy.gif
vincentxiang
post Dec 24 2013, 01:35 AM

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Hi, I recently made TT transfer via maybank2u to OptionsXpress and notice there is USD 22 charge. Other than RM10 charged by maybank, is the amount USD22 charge come from intermediately bank? Appreciate anyone able to answer my doubt notworthy.gif
TSnetmask8
post Dec 24 2013, 08:43 AM

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QUOTE(yok70 @ Dec 24 2013, 01:03 AM)
when will be US's holidays? 25th and 1th?  notworthy.gif
*
Yup DJIA will be closed on 25th Dec and 1st Jan 2014.

Source
TSnetmask8
post Dec 24 2013, 08:51 AM

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QUOTE(rjb123 @ Dec 23 2013, 10:58 AM)
Just a quick question regarding US Withholding taxes, hope someone can confirm I'm correct with the below. I've opened an account with TD Ameritrade with the intention of investing in some ETFs and just trying to make sure I'm understanding the withholding tax correctly :

1. If there's dividend payouts - they'll be charged at 30% Withholding taxes
2. If I opt for dividends to be automatically re-invested, this avoids the 30% withholding tax
3. In case of Nr 2, once the ETF is sold, there's no CGT to be paid

Thanks in advance. I've invested through UK brokers before but not the US  notworthy.gif
*
1. Usually 30% withholding tax applies for dividends.
2. Usually, keep in the trading account and buy again when there is a intrinsic value.. Email TD
Ameritrade Customer Service for # 2 and # 3 for enquiry

Fill up W8BEN FORM
TSnetmask8
post Dec 24 2013, 08:55 AM

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QUOTE(vincentxiang @ Dec 24 2013, 01:35 AM)
Hi, I recently made TT transfer via maybank2u to OptionsXpress and notice there is USD 22 charge. Other than RM10 charged by maybank, is the amount USD22 charge come from intermediately bank? Appreciate anyone able to answer my doubt  notworthy.gif
*
Fees are depending on the brokers and service value-added provided. Some broker charge much lower fees
and some bank got better deals... Perhaps, if the usd22 charges shown up in broker's account, hence
u need to email the broker for detail explanation of usd22 charges.. Otherwise, if the usd22 charges
shown up in M2U account, check it out with Maybank.
TSnetmask8
post Dec 24 2013, 08:59 AM

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QUOTE(yok70 @ Dec 24 2013, 01:08 AM)
FB now in S&P. Does it mean it is no longer in Nasdaq? Can it co-exist?  notworthy.gif
*
FB can be in DJIA in the future too if price up more than usd300 ? Or perhaps, in Russell 2000 index
if the price value drop below usd 5 ?

This post has been edited by netmask8: Dec 24 2013, 09:00 AM
jerrychoo2004
post Dec 24 2013, 09:51 AM

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chantek la FB and AAPL....thank you for the christmas gift....but i no sell yet tongue.gif
yok70
post Dec 24 2013, 10:52 AM

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QUOTE(netmask8 @ Dec 24 2013, 08:59 AM)
FB can be in DJIA in the future too if price up more than usd300 ? Or perhaps, in Russell 2000 index
if the price value drop below usd 5 ?
*
so a stock can only be in one index? cannot co-exist? notworthy.gif
yok70
post Dec 24 2013, 10:53 AM

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QUOTE(jerrychoo2004 @ Dec 24 2013, 09:51 AM)
chantek la FB and AAPL....thank you for the christmas gift....but i no sell yet tongue.gif
*
FB is crazy. If I bought it, I'd have sold it now. I don't know how to calculate a TP on this one, really. Anyway, happy for you! icon_rolleyes.gif
jerrychoo2004
post Dec 24 2013, 11:52 AM

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QUOTE(yok70 @ Dec 24 2013, 10:53 AM)
FB is crazy. If I bought it, I'd have sold it now. I don't know how to calculate a TP on this one, really. Anyway, happy for you!  icon_rolleyes.gif
*
yeah really duno how high can it go....i guess just ride the bull wave till it stops....my guess it will go over USD 60 ^^
auntyQQQQQ
post Dec 25 2013, 12:46 AM

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Guys , any idea on TSLA and TWTR ? so bullish , especially TWTR , any of u invest or trade these stocks ? And do u guys follow shipping stocks ? recently soared a lot
auntyQQQQQ
post Dec 25 2013, 12:49 AM

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QUOTE(vincentxiang @ Dec 24 2013, 01:35 AM)
Hi, I recently made TT transfer via maybank2u to OptionsXpress and notice there is USD 22 charge. Other than RM10 charged by maybank, is the amount USD22 charge come from intermediately bank? Appreciate anyone able to answer my doubt  notworthy.gif
*
I also using Optionsxpress , but i TT through CIMB , and there is a USD 20 charge , as it went through bank of New York i think , but previously there's no charges , hmmm weird tho
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post Dec 25 2013, 01:21 AM

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QUOTE(auntyQQQQQ @ Dec 25 2013, 12:46 AM)
Guys , any idea on TSLA and TWTR ? so bullish , especially TWTR , any of u invest or trade these stocks ? And do u guys follow shipping stocks ? recently  soared a lot
*
TWTR = stay long (no saying how high it will go). thumbup.gif
TSLA = ok so far but I see upside limited to 180'ish ~

Not sure which shipping stock you're refering to, give us some examples.

FB = continue to stay long as well but I won't not put new money here. Wait for pull back to 54/54 area.
yok70
post Dec 25 2013, 01:52 AM

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QUOTE(danmooncake @ Dec 25 2013, 01:21 AM)
TWTR = stay long (no saying how high it will go).  thumbup.gif
TSLA = ok so far but I see upside limited to 180'ish ~

Not sure which shipping stock you're refering to, give us some examples.

FB = continue to stay long as well but I won't not put new money here. Wait for pull back to 54/54 area.
*
master, how do you see Apple? notworthy.gif
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QUOTE(yok70 @ Dec 25 2013, 01:52 AM)
master, how do you see Apple?  notworthy.gif
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I think $600 will be here by Jan earnings. So, I'm long since that last dip to 538, remembered?
So, I'm staying long and just sell some lower strike PUTs and covered calls to make extra money while I wait.


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post Dec 25 2013, 05:53 AM

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QUOTE(danmooncake @ Dec 25 2013, 01:56 AM)
I think $600 will be here by Jan earnings. So, I'm long since that last dip to 538, remembered?
So, I'm staying long and just sell some lower strike PUTs and covered calls to make extra money while I wait.
*
ya i remembered. i bought some at 544 a day later. biggrin.gif
now thinking to add more....so unsure should do it now or wait for correction. From the graph, it seems correction may only pressed down to around 550 area, unless the bull back off for a little longer from here. On the other hand, if it reach 600 before correction, the following correction may get quite hard to fall until 550.....probably only at 570 area, which is even higher than today's price. hmm.gif

This post has been edited by yok70: Dec 25 2013, 05:55 AM
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QUOTE(yok70 @ Dec 25 2013, 05:53 AM)
ya i remembered. i bought some at 544 a day later.  biggrin.gif
now thinking to add more....so unsure should do it now or wait for correction. From the graph, it seems correction may only pressed down to around 550 area, unless the bull back off for a little longer from here. On the other hand, if it reach 600 before correction, the following correction may get quite hard to fall until 550.....probably only at 570 area, which is even higher than today's price.  hmm.gif
*
538 is the support floor now, 575 is ceiling (Dec 5 high). We need to see AAPL pushes above 575 for the next traction to 600 level.


yok70
post Dec 26 2013, 06:14 AM

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QUOTE(danmooncake @ Dec 26 2013, 02:35 AM)
538 is the support floor now, 575 is ceiling (Dec 5 high). We need to see AAPL pushes above 575 for the next traction to 600 level.
*
thanks! thumbup.gif
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post Dec 26 2013, 09:42 AM

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QUOTE(yok70 @ Dec 26 2013, 06:14 AM)
thanks!  thumbup.gif
*
Btw, if you hold enough AAPL shares (at least 10), you can also sell weekly covered calls to make some money while you wait. The only thing is if it gets taken away (if it hits the strike price by every Friday expiration), you almost have to buy back immediately if you want to own the shares. For these two weeks (holiday seasons), it is the best time to sell some slightly out of money calls because the trading days are short (in your favor). biggrin.gif


yok70
post Dec 26 2013, 03:23 PM

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QUOTE(danmooncake @ Dec 26 2013, 09:42 AM)
Btw, if you hold enough AAPL shares (at least 10), you can also sell weekly covered calls to make some money while you wait. The only thing is if it gets taken away (if it hits the strike price by every Friday expiration), you almost have to buy back immediately if you want to own the shares.  For these two weeks (holiday seasons), it is the best time to sell some slightly out of money calls because the trading days are short (in your favor).  biggrin.gif
*
ya i got more than 10 shares. everyone on holiday mood this week, my wild guess is downtrend more likely before new year. After new year, probably uptrend will come back. biggrin.gif
auntyQQQQQ
post Dec 27 2013, 08:31 AM

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QUOTE(danmooncake @ Dec 25 2013, 01:21 AM)
TWTR = stay long (no saying how high it will go).  thumbup.gif
TSLA = ok so far but I see upside limited to 180'ish ~

Not sure which shipping stock you're refering to, give us some examples.

FB = continue to stay long as well but I won't not put new money here. Wait for pull back to 54/54 area.
*



Hey DMC , check out BALT and DRYS , seems good from the chart , but looks like they are to due for a pullback soon . I might add more on the dip .

So you guys think twtr is a good investment ? Seems it is unstoppable now , I planned to bought some during last night dip before the previous day closing price but I didn't , wonder when will there be a pullback ? U guys invest in it or just swing trading it ?
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QUOTE(auntyQQQQQ @ Dec 27 2013, 08:31 AM)
Hey DMC , check out BALT and DRYS , seems good from the chart , but looks like they are to due for a pullback soon . I might add more on the dip .

So you guys think twtr is a good investment ? Seems it is unstoppable now , I planned to bought some during last night dip before the previous day closing price but I didn't , wonder when will there be a pullback ?  U guys invest in it or just swing trading it ?
*
IMO, no, I do not think TWTR is a good INVESTMENT because TWTR hasn't really figure out how to make money yet.
But, I think it is good for a TRADE only. Get in during momentum UP and momentum DOWN.

Lots of speculation that it is going to be next FB but until TWTR can come up with a good plan like FB, I will not hold it.

I'll take a look at BALT and DRYS later. I know DRYS been really bad for many years.. is it making a come back?






jerrychoo2004
post Dec 27 2013, 02:41 PM

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my WYNN and LVS is on uptrend recently with rumors of possibility on taiwan and china and japan approving the building of casinos ^^
dunno Wynn can break 200 and LVS 90?? tongue.gif
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post Dec 27 2013, 03:18 PM

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QUOTE(danmooncake @ Dec 27 2013, 09:56 AM)
IMO, no, I do not think TWTR is a good INVESTMENT because TWTR hasn't really figure out how to make money yet.
But, I think it is good for a TRADE only.  Get in during momentum UP and momentum DOWN.

Lots of speculation that it is going to be next FB but until TWTR can come up with a good plan like FB, I will not hold it.

I'll take a look at BALT and DRYS later.  I know DRYS been really bad for many years.. is it making a come back?
*
Yeah, waiting for the right time to short TWTR
danmooncake
post Dec 27 2013, 11:13 PM

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Shorting chance for TWTR coming up soon.. we got gap down. I'm watching for bounce to 72-72.50 to make my entry with a tight stop. This thing is volatile...

This post has been edited by danmooncake: Dec 27 2013, 11:21 PM
TSnetmask8
post Dec 28 2013, 12:19 AM

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QUOTE(jerrychoo2004 @ Dec 27 2013, 02:41 PM)
my WYNN and LVS is on uptrend recently with rumors of possibility on taiwan and china and japan approving the building of casinos ^^
dunno Wynn can break 200 and LVS 90?? tongue.gif
*
Aim LVS at usd 200 to decide whether to sell or not? Or perhaps, hold it as long you could like WB II?
Previous record break was usd 148 (Oct 2007) (without Marina Bay Sands + new/latest Macau resorts )..
Sands Chn (1928.HK) jump from IPO HKD 10.88 (Dec 2009) to today closing hkd 62.05 ( > 5 folds ). hmm.gif
mikehwy
post Dec 28 2013, 11:49 AM

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QUOTE(danmooncake @ Dec 27 2013, 11:13 PM)
Shorting chance for TWTR coming up soon.. we got gap down. I'm watching for bounce to 72-72.50 to make my entry with a tight stop. This thing is volatile...
*
fantastic suggestion! TWTR went exactly as predicted/ forecast. Up over 72, and gap down 7+%!!! wow. i wonder if you used chart TA ??
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QUOTE(mikehwy @ Dec 28 2013, 11:49 AM)
fantastic suggestion! TWTR went exactly as predicted/ forecast. Up over 72, and gap down 7+%!!! wow. i wonder if you used chart TA ??
*
Yes, mostly TA and got a few adjustments myself to see the price action.

Again, TWTR is momentum play only.. this is NOT for investment. Lots of big boys are playing quick money.
Don't put all your money in this stock. Very dangerous. nod.gif
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post Dec 28 2013, 12:59 PM

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QUOTE(danmooncake @ Dec 28 2013, 12:21 PM)
Yes, mostly TA and got a few adjustments myself to see the price action. 

Again, TWTR is momentum play only.. this is NOT for investment. Lots of big boys are playing quick money.
Don't put all your money in this stock. Very dangerous.  nod.gif
*
agree agree. price shot to 70+since ipo 42 within too short a time. also the biz model is yet to be clear. good short bro.

SUSMNet
post Dec 29 2013, 09:19 AM

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QUOTE(yok70 @ Dec 13 2013, 07:18 AM)
I've been accumulating China/HK shares especially in the past 1 year, and I plan to continue doing this for the next few months.  laugh.gif
*
How to buy china stock from malaysia?
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QUOTE(MNet @ Dec 29 2013, 09:19 AM)
How to buy china stock from malaysia?
*
Take a look at the CIMBC25. This ETF was setup 3 years ago by CIMB to emulate the FTSE Xinhua 25 Chinese stocks traded at HKSE.

SUSMNet
post Dec 30 2013, 09:37 PM

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i mean direct buy china stock.

not buying the cimb etf
yok70
post Dec 31 2013, 12:05 AM

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Apple coming down....how low can it go? brows.gif
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post Dec 31 2013, 12:27 AM

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QUOTE(yok70 @ Dec 31 2013, 12:05 AM)
Apple coming down....how low can it go?  brows.gif
*
I'm holding my stop for AAPL at 549 and covering for TWTR short @ 59 tonight.
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post Dec 31 2013, 12:32 AM

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QUOTE(MNet @ Dec 30 2013, 09:37 PM)
i mean direct buy china stock.
not buying the cimb etf
*
IMO, trading ETF is better as it is broader based index to see how healthy is the market in China. In the past 2-3 years, it basically been flat.

You probably need to ask the folks who actively trading in Bursa to see if there is any well known China company listing in Bursa or not. I'm sure there are but the last few years been quite a few of pump and dump by the Chinese pirate ship in local market making investors shy away from China based company.

This post has been edited by danmooncake: Dec 31 2013, 12:34 AM
yok70
post Dec 31 2013, 03:02 AM

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QUOTE(danmooncake @ Dec 31 2013, 12:27 AM)
I'm holding my stop for AAPL at 549 and covering for TWTR short @ 59 tonight.
*
damn my hands are getting itchy..... sweat.gif
yok70
post Dec 31 2013, 03:03 AM

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QUOTE(MNet @ Dec 29 2013, 09:19 AM)
How to buy china stock from malaysia?
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I just buy through itrade by letting them to charge me big fees. I go for long term, so don't care that fee.
yok70
post Dec 31 2013, 03:08 AM

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QUOTE(danmooncake @ Dec 31 2013, 12:32 AM)
IMO, trading ETF is better as it is broader based index to see how healthy is the market in China.  In the past 2-3 years, it basically been flat.

You probably need to ask the folks who actively trading in Bursa to see if there is any well known China company listing in Bursa or not.  I'm sure there are but the last few years been quite a few of pump and dump by the Chinese pirate ship in local market making investors shy away from China based company.
*
nah, no well known China company listing here. All PE 1-2x one.
I love to trade cimbc25, been trading it probably 10 times by now. laugh.gif
So I ride it through HK market mostly on small to mid cap stocks + the cimbc25 ETF to cover blue chips stocks. cool2.gif
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post Dec 31 2013, 11:46 AM

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QUOTE(danmooncake @ Dec 31 2013, 12:27 AM)
I'm holding my stop for AAPL at 549 and covering for TWTR short @ 59 tonight.
*
Did the broker charges you 3% for the hard to borrow share?
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post Dec 31 2013, 10:16 PM

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QUOTE(Firetric @ Dec 31 2013, 11:46 AM)
Did the broker charges you 3% for the hard to borrow share?
*
Nope.
mikehwy
post Jan 2 2014, 08:39 AM

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Happy New Year and may 2014 brings the best of luck and winnings to all friends and punters.
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post Jan 2 2014, 11:09 AM

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QUOTE(mikehwy @ Jan 2 2014, 08:39 AM)
Happy New Year and may 2014 brings the best of luck and winnings to all friends and punters.
*
Happy New Year 2014 and hope this bullish trend will continue in year 2014 - 2016 ?
What is your own prediction and analysis for USA Stocks in coming months or generally in year 2014?
Records were created and History written in many books/journals/magazine ..etc
for DJIA/Nasdaq/S & P 500/Nikkei/Russell ..etc..etc in year 2013 ..

Bullish Year of Horse 2014 ???

Jeremy Siegel's Bullish Call 2014

This post has been edited by netmask8: Jan 2 2014, 11:07 PM
mikehwy
post Jan 2 2014, 04:13 PM

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I guess yelen would not be that critical in her decisions so early. hope she is more gentle like the old professor.
auntyQQQQQ
post Jan 2 2014, 05:52 PM

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QUOTE(danmooncake @ Dec 27 2013, 09:56 AM)
IMO, no, I do not think TWTR is a good INVESTMENT because TWTR hasn't really figure out how to make money yet.
But, I think it is good for a TRADE only.  Get in during momentum UP and momentum DOWN.

Lots of speculation that it is going to be next FB but until TWTR can come up with a good plan like FB, I will not hold it.

I'll take a look at BALT and DRYS later.  I know DRYS been really bad for many years.. is it making a come back?
*
The surge is mainly due to the strong rise in the Baltic Dry Index . The question is how far can such rise continue .. hmmm , but i think in near term the uptrend is still intact tho.

And i have a question here , do u guys have any idea on BIDU , seems like the current price is close to its peak in the early December , any of u hold shares in BIDU ? in such industry , PE of 35.8 is considered to be high , could it be a nice short candidate ?


Shanicehong
post Jan 2 2014, 09:47 PM

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Hi all,

You are welcome to buy any USA Stock report with RM12/company search.

Below are the example of one of the free report.

Attached File  MCD.pdf ( 35.59k ) Number of downloads: 33


If any of you have an interested stock, kindly email me your

1. stock code
2. Name of stock

shanicehongATgmail.com

Shanicehong
post Jan 2 2014, 11:13 PM

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QUOTE(Shanicehong @ Jan 2 2014, 09:47 PM)
Hi all,

You are welcome to buy any USA Stock report with RM12/company search.

Below are the example of one of the free report.

Attached File  MCD.pdf ( 35.59k ) Number of downloads: 33


If any of you have an interested stock, kindly email me your

1. stock code
2. Name of stock

shanicehongATgmail.com
*
MCD indeed a good stock. even ride tru financial crisis during 2008. Very safe bet for long term price growth with high dividend yield.
TSnetmask8
post Jan 2 2014, 11:31 PM

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QUOTE(Shanicehong @ Jan 2 2014, 09:47 PM)
Hi all,

You are welcome to buy any USA Stock report with RM12/company search.

Below are the example of one of the free report.

Attached File  MCD.pdf ( 35.59k ) Number of downloads: 33


If any of you have an interested stock, kindly email me your

1. stock code
2. Name of stock

shanicehongATgmail.com
*
Ppls can go to the company's websites directly or other "free" agent for subscription by email/weblink
on the company basic financial informations.. No extra value from the reports.. In some broker's websites,
the moving averages (50/200 days) alert triggering or price/volume reaches certain % or abnormal
insider trading deal ..etc ..etc will notify user with email/social networking will be more efficient and effective..

This ValueLine subcription cost almost usd 600 per year and you charge rm 12 per company is cheap for those whom
lazy to seek Uncle Google for help.. drool.gif
Shanicehong
post Jan 2 2014, 11:52 PM

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QUOTE(netmask8 @ Jan 2 2014, 11:31 PM)
Ppls can go to the company's websites directly or other "free" agent for subscription by email/weblink
on the company basic financial informations.. No extra value from the reports.. In some broker's websites,
the moving averages (50/200 days) alert triggering or price/volume reaches certain % or abnormal
insider trading deal ..etc ..etc will notify user with email/social networking will be more efficient and effective..

This ValueLine subcription cost almost usd 600 per year and you charge rm 12 per company is cheap for those whom
lazy to seek Uncle Google for help..  drool.gif
*
Of course cheap. One page tell the whole company fundamental. Depends on u buy on speculation or buy on fundamental.
KVReninem
post Jan 3 2014, 12:12 AM

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market red rclxm9.gif
TSnetmask8
post Jan 3 2014, 09:24 AM

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QUOTE(KVReninem @ Jan 3 2014, 12:12 AM)
market red rclxm9.gif
*
But BZH, BAC, MPEL, LVS, MGM, WYNN ..etc were in record HIGH . drool.gif

Wells Fargo Downgrade APPLE Computer

Apple DownGrade Source sweat.gif

This post has been edited by netmask8: Jan 3 2014, 09:34 AM
danmooncake
post Jan 3 2014, 10:48 PM

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Crap! Damn MMs. Got stop out of my AAPL at 550. Oh well, at least got profits.
Let see if 540 can hold or not.
Shanicehong
post Jan 3 2014, 11:07 PM

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Anyone know for the currency conversion rate through cimb TT to USA. How much different compare to the actual rate n also additional bank charges? If I plan to trade directly tru USA website? Is it safe?
And how much cheaper compare to trade tru local investment bank?

I'm currently trade via cimb. Their broker charges seems fair of 0.42% n I usually select settle via Myr n the rate seems close to the current rate. eg. Today if I place order to buy :3.2995 & SELL : 3.2855. What do you all think.? Is the rate reasonable?
danmooncake
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QUOTE(Shanicehong @ Jan 3 2014, 11:07 PM)
Anyone know for the currency conversion rate through cimb TT to USA. How much different compare to the actual rate n also additional bank charges? If I plan to trade directly tru USA website? Is it safe?
And how much cheaper compare to trade tru local investment bank?

I'm currently trade via cimb. Their broker charges seems fair of 0.42% n I usually select settle via Myr n the rate seems close to the current rate. eg. Today if I place order to buy :3.2995 & SELL : 3.2855. What do you all think.? Is the rate reasonable?
*
If you don't trade a lot, imo that conversion rate seems fair but how much do they charge for actual commissions (when you actually BUY and SELL the US stocks itself)?

Using direct US broker, I pay as low as $1 for commissions each 100 units of stock that I trade.
Shanicehong
post Jan 3 2014, 11:38 PM

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QUOTE(danmooncake @ Jan 3 2014, 11:12 PM)
If you don't trade a lot, imo that conversion rate seems fair but how much do they charge for actual commissions (when you actually BUY and SELL the US stocks itself)?

Using direct US broker, I pay as low as $1 for commissions each 100 units of stock that I trade.
*
Commission? Are you referring to minimum broker charge? There is a minimum of Usd 25.00 and to fully utilised the 0.42% a minimum of Usd 6000.00 per trade. And all in charge about 0.6%. Which mean have to accumulate a lot bullet for each trade. Eg. Usd 6210 n total paid 6247.42 before conversion

Anyhow, yours sound so much cheaper? Where you trade?
Shanicehong
post Jan 4 2014, 12:05 AM

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I think financial stock is doing good. BAC n Citigroup. Try to add into your watch list. Though price is relatively highly volatile during crisis. But upside is high.
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QUOTE(Shanicehong @ Jan 3 2014, 11:38 PM)
Commission? Are you referring to minimum broker charge? There is a minimum of Usd 25.00 and to fully utilised the 0.42% a minimum of Usd 6000.00 per trade. And all in charge about 0.6%. Which mean have to accumulate a lot bullet for each trade. Eg. Usd 6210 n total paid 6247.42 before conversion

Anyhow, yours sound so much cheaper? Where you trade?
*
0.42% a min of 6K per trade? rclxub.gif
So, you can't trade any US stocks if the total value is less than US6000?
It sounds crazy.

MBtrading is the one that I'm using for low volume stocks because their per share cost is 0.0075.
If you buy 100 shrs of X, you're charge $1. If you buy 500 shrs of X, you're charged $5.


Shanicehong
post Jan 4 2014, 12:15 AM

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QUOTE(danmooncake @ Jan 4 2014, 12:08 AM)
0.42% a min of 6K per trade?    rclxub.gif 
So, you can't trade any US stocks if the total value is less than US6000?
It sounds crazy.

MBtrading is the one that I'm using for low volume stocks because their per share cost is 0.0075.
If you buy 100 shrs of X, you're charge $1. If you buy 500 shrs of X, you're charged $5.
*
Oh... 100share? So it means they charge based on each 100share and not by value of money? If that the case, which mean u have to buy stock which is higher value then it really do worth a lot. Coz high value of money but per 100share count. MBtrading? is it safe? Do they provide online trade?
yok70
post Jan 4 2014, 12:26 AM

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QUOTE(danmooncake @ Jan 3 2014, 10:48 PM)
Crap! Damn MMs. Got stop out of my AAPL at 550. Oh well, at least got profits.
Let see if 540 can hold or not.
*
break that 538 can see back to 520?.... brows.gif
danmooncake
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QUOTE(yok70 @ Jan 4 2014, 12:26 AM)
break that 538 can see back to 520?.... brows.gif
*
Oh.. once that 538 is broken, then it's going to be all out shorts.
Watching this line here.

I think 545 is going to hold tonight since it is expiration Friday. Next week , who knows..
danmooncake
post Jan 4 2014, 12:38 AM

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QUOTE(Shanicehong @ Jan 4 2014, 12:15 AM)
Oh... 100share? So it means they charge based on each 100share and not by value of money? If that the case, which mean u have to buy stock which is higher value then it really do worth a lot. Coz high value of money but per 100share count.    MBtrading? is it safe? Do they provide online trade?
*
If you ask around, almost none of the US based broker charges commissions by the value of the stocks.
This is ABSOLUTELY nuts. Perhaps only greedy type of broker that virtually has no competition would do that.

TD Ameritrade for example charges flat rate of $9.99 for ANY size.
Say, I buy 100,000 shares of a stock per trade, it is still 9.99 for commissions.

There are also quite a few commissions free ETFs offered by US brokers nowadays. Go check 'em out. nod.gif
Shanicehong
post Jan 4 2014, 12:53 AM

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[quote=danmooncake,Jan 4 2014, 12:38 AM]
If you ask around, almost none of the US based broker charges commissions by the value of the stocks.
This is ABSOLUTELY nuts. Perhaps only greedy type of broker that virtually has no competition would do that.

TD Ameritrade for example charges flat rate of $9.99 for ANY size.
Say, I buy 100,000 shares of a stock per trade, it is still 9.99 for commissions.

There are also quite a few commissions free ETFs offered by US brokers nowadays. Go check 'em out. nod.gif
*

[/quote

nod.gif
okay! thank you.
Shanicehong
post Jan 4 2014, 02:28 AM

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Ok. Finally found my conclusion. Though cimb brokerage fees is high, but exchange rate is reasonably low for the trade. I check cimb website, currency exchange bank sell is 3.343 vs trade offer 3.2995. Can anyone tell that I'm wrong? With such a high differ rate?

What is the exchange rate (bank rate) when u transfer to your respective US account? Any transfer charges?

Cimb for those trade below USD 6k then min total charges shall be around USD35 PER TRADE. I guess so? Sound expensive. But if the exchange rate is cheap, then contra off the higher brokerage charge still consider fair.

Furthermore, I read from somewhere, when u withdraw money from US account, there is an USD 25 charges for withdrawal. So, by then it may cost about the same as cimb. Though, I haven't make any selling yet. He he... Cannot tell if cimb also impose the same.
yok70
post Jan 4 2014, 05:05 AM

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Apple closed at 541.
Looks like it is still on its way for correction before the quarter report out end of the month.
I am looking at 525-530 area.... hmm.gif
danmooncake
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QUOTE(Shanicehong @ Jan 4 2014, 02:28 AM)
Ok. Finally found my conclusion. Though cimb brokerage fees is high, but exchange rate is reasonably low for the trade. I check cimb website, currency exchange bank sell is 3.343 vs trade offer 3.2995. Can anyone tell that I'm wrong? With such a high differ rate?

What is the exchange rate (bank rate) when u transfer to your respective US account? Any transfer charges?

Cimb for those trade below USD 6k then min total charges shall be around USD35 PER TRADE. I guess so? Sound expensive. But if the exchange rate is cheap, then contra off the higher brokerage charge still consider fair.

Furthermore, I read from somewhere, when u withdraw money from US account, there is an USD 25 charges for withdrawal. So, by then it may cost about the same as cimb. Though, I haven't make any selling yet. He he... Cannot tell if cimb also impose the same.
*
If you think about this carefully, you will know it isn't worth your time and money to keep buying US stocks in MYR (Ringgit) terms. It makes no sense to give the money (the spread between the BUY/SELL exchange rate) to the bank and furthermore, your trade ($35/trade) is VERY high. For that fee, it is as if you call your human broker to trade by telephone instead of you doing the trade via computer. Are you talking to a human being that offer you better service? If not, why are you paying that rate if everyone else trading US stocks and paying less than $10 per trade?

So, just keep your money in US brokerage account and let it continue to grow until you earn enough. No need to withdraw until you really need it.

I got more liquid cash in USD than in Ringgit. Last year, I was thinking USD may go down because Fed printing money.. hoping I can convert more to it cheaper, but heck, my pile of USD appreciated even more than Ringgit after the tapering fear, and the Ringgit got weaker.. laugh.gif

This post has been edited by danmooncake: Jan 4 2014, 07:54 AM
danmooncake
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QUOTE(yok70 @ Jan 4 2014, 05:05 AM)
Apple closed at 541.
Looks like it is still on its way for correction before the quarter report out end of the month.
I am looking at 525-530 area.... hmm.gif
*
I nimbled here and immediately sold some cover calls for next week. Let see how it goes. sweat.gif

yok70
post Jan 4 2014, 06:19 PM

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QUOTE(danmooncake @ Jan 4 2014, 07:52 AM)
If you think about this carefully, you will know it isn't worth your time and money to keep buying US stocks in MYR (Ringgit) terms. It makes no sense to give the money (the spread between the BUY/SELL exchange rate) to the bank and furthermore, your trade ($35/trade) is VERY high. For that fee, it is as if you call your human broker to trade by telephone instead of you doing the trade via computer.  Are you talking to a human being that offer you better service? If not, why are you paying that rate if everyone else trading US stocks and paying less than $10 per trade?

So, just keep your money in US brokerage account and let it continue to grow until you earn enough. No need to withdraw until you really need it.

I got more liquid cash in USD than in Ringgit.  Last year, I was thinking USD may go down because Fed printing money.. hoping I can convert more to it cheaper, but heck, my pile of USD appreciated even more than Ringgit after the tapering fear, and the Ringgit got weaker..  laugh.gif
*
RM dropped about 13% from recent peak! doh.gif
super911
post Jan 4 2014, 06:53 PM

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Anyone using Interactive Brokers service? Seems like it's the most cost efficient platform to trade multiple markets such as sgx, hsi, NYSE due to currency conversion.
Shanicehong
post Jan 5 2014, 02:39 AM

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QUOTE(danmooncake @ Jan 4 2014, 07:52 AM)
If you think about this carefully, you will know it isn't worth your time and money to keep buying US stocks in MYR (Ringgit) terms. It makes no sense to give the money (the spread between the BUY/SELL exchange rate) to the bank and furthermore, your trade ($35/trade) is VERY high. For that fee, it is as if you call your human broker to trade by telephone instead of you doing the trade via computer.  Are you talking to a human being that offer you better service? If not, why are you paying that rate if everyone else trading US stocks and paying less than $10 per trade?

So, just keep your money in US brokerage account and let it continue to grow until you earn enough. No need to withdraw until you really need it.

I got more liquid cash in USD than in Ringgit.  Last year, I was thinking USD may go down because Fed printing money.. hoping I can convert more to it cheaper, but heck, my pile of USD appreciated even more than Ringgit after the tapering fear, and the Ringgit got weaker..  laugh.gif
*
Okay, I understand what you are trying to say. The brokerage fees is indeed so much cheaper. By the way, to register with any USA trade account, I found out that, they needed us to be either US residents or at least to have US address for "tradeking". Seems like there is so much conditions and troublesome?

How did you people manage to register an US trade account?

In fact I don't really like to keep my foreign investment with local investment bank. My initial idea to trade overseas bcoz I think Ringgit value will depreciate further and what if our government go bankrupt, then all our saving gone. So, channel some money out to protect our wealth.




danmooncake
post Jan 5 2014, 10:00 AM

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QUOTE(Shanicehong @ Jan 5 2014, 02:39 AM)
Okay, I understand what you are trying to say. The brokerage fees is indeed so much cheaper. By the way, to register with any USA trade account, I found out that, they needed us to be either US residents or at least to have US address for "tradeking". Seems like there is so much conditions and troublesome?

How did you people manage to register an US trade account?

In fact I don't really like to keep my foreign investment with local investment bank. My initial idea to trade overseas bcoz I think Ringgit value will depreciate further and what if our government go bankrupt, then all our saving gone. So, channel some money out to protect our wealth.
*
I'm giving you a hint already. I did say MB Trading didn't I?
Go there and check out their application. You will need to declare yourself as non-resident alien using form W-8BEN.
Your capital gain won't be taxed but dividends will be withheld.
Shanicehong
post Jan 5 2014, 12:42 PM

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QUOTE(danmooncake @ Jan 5 2014, 10:00 AM)
I'm giving you a hint already. I did say MB Trading didn't I?
Go there and check out their application.  You will need to declare yourself as non-resident alien using form W-8BEN.
Your capital gain won't be taxed but dividends will be withheld.
*
I tried, but selection of country, do not have Malaysia.
Firetric
post Jan 6 2014, 12:23 PM

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My personally think MU is a great buy as this point prior to earning result. Somehow investors are selling off due to Hynix planning to build new factories. However, it is yet to confirm and if is, only start operating es early as 2015. What do you guy think?
kimyee73
post Jan 6 2014, 03:09 PM

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QUOTE(Shanicehong @ Jan 5 2014, 12:42 PM)
I tried, but selection of country, do not have Malaysia.
*
Try tdameritrade.com then. It has Malaysia in country selection.
foosh
post Jan 6 2014, 08:08 PM

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happy new year all, thanks for opening v5!

What's the flavor for 2014?

So far no head winds I see
1) QE will slowly reduce, markets no fear.
2) debt issues are being discussed.

Any China/emerging market head wind potentials?
Euro Zone anything?
Middle East?

This post has been edited by foosh: Jan 6 2014, 08:11 PM
danmooncake
post Jan 6 2014, 10:44 PM

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AAPL fell thru 50ma (540) when it opens.
Got some short side of AAPL to play along with the long side/covered calls tonight.
Covering at 535 to scalp $5.

Darn machines.. doh.gif
danmooncake
post Jan 6 2014, 10:48 PM

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QUOTE(foosh @ Jan 6 2014, 08:08 PM)
happy new year all, thanks for opening v5!

What's the flavor for 2014?

So far no head winds I see
1) QE will slowly reduce, markets no fear.
2) debt issues are being discussed.

Any China/emerging market head wind potentials?
Euro Zone anything?
Middle East?
*
Uncle Ben/Aunt Yellen machines won't stop yet, may slow down but ain't stopping so far and
we won't see interest rate increase probably till end of 2015.

China - still facing uncertainty and choppy. Market is telling us something.
Euro - recovering slowly (certainly still a bargain).

Tonight, Chinese ETF (FTSE 25 Xinhua) is pulling back big.. if falls thru 200ma, it can spell trouble.


yok70
post Jan 6 2014, 11:02 PM

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QUOTE(danmooncake @ Jan 6 2014, 10:48 PM)
Tonight, Chinese ETF (FTSE 25 Xinhua) is pulling back big.. if falls thru 200ma, it can spell trouble.
*
i feel it's once again another overreacting....it'd be nice to pullback 5% more....i'm buying in in stages.... sweat.gif
yok70
post Jan 6 2014, 11:02 PM

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QUOTE(danmooncake @ Jan 6 2014, 10:44 PM)
AAPL fell thru 50ma (540) when it opens.
Got some short side of AAPL to play along with the long side/covered calls tonight.
Covering at 535 to scalp $5.

Darn machines..  doh.gif
*
come on...go 525... drool.gif
Shanicehong
post Jan 7 2014, 12:12 AM

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QUOTE(kimyee73 @ Jan 6 2014, 03:09 PM)
Try tdameritrade.com then. It has Malaysia in country selection.
*
THANKS A LOT. finally manage to print out the form. Will mail/fax to them soon.
danmooncake
post Jan 7 2014, 12:21 AM

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Took a short position in TWTR.. tongue.gif

yok70
post Jan 7 2014, 01:20 AM

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damn! apple rebounds already?? what da.... doh.gif
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post Jan 7 2014, 01:31 AM

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QUOTE(yok70 @ Jan 7 2014, 01:20 AM)
damn! apple rebounds already?? what da.... doh.gif
*
Phew! Lucky covered 535. 50ma support is here. Saved my butt. sweat.gif
I'll keep the long side with covered calls to play and let see how it plays out by end of this week.

Anyway, took a small position in FB at 54.50. I like it here at the middle of the band.


yok70
post Jan 7 2014, 02:08 AM

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QUOTE(danmooncake @ Jan 7 2014, 01:31 AM)
Phew! Lucky covered 535. 50ma support is here. Saved my butt.  sweat.gif
I'll keep the long side with covered calls to play and let see how it plays out by end of this week.

Anyway, took a small position in FB at 54.50. I like it here at the middle of the band.
*
ya it's around the middle now.
I thought it's the most difficult to play while in the middle? can either up or down also easily. hmm.gif
jerrychoo2004
post Jan 7 2014, 09:03 AM

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FB chantek la ^^

TSnetmask8
post Jan 7 2014, 12:22 PM

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MGM, BAC and C reaches record HIGH again..

With QE and low interest rate, equity will continually improve all functions in year 2014(hopefully),
providing the organization has a good financial ratios, growth, organize strategy goals/mission ..etc

QE Tapering is GOOD , as USA economy can sail without any HELP.
Employment, Housing, Consumer Confidence, GDP, M1/M2/M3 money supply ..etc

SUSMNet
post Jan 7 2014, 09:44 PM

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mbtrading not allow malaysian to open account


user posted image

http://www.basepic.com/2014/Jan/07/81145037.jpg
Shanicehong
post Jan 7 2014, 10:03 PM

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QUOTE(MNet @ Jan 7 2014, 09:44 PM)
mbtrading not allow malaysian to open account
user posted image

http://www.basepic.com/2014/Jan/07/81145037.jpg
*
Yes, I got that replied mail too
yok70
post Jan 7 2014, 10:41 PM

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QUOTE(jerrychoo2004 @ Jan 7 2014, 09:03 AM)
FB chantek la ^^
*
you paper profit 100%+ by now? rclxms.gif
Shanicehong
post Jan 7 2014, 11:45 PM

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does anyone know how to sign up the DRP for sstocks that offer div reinvestment? I check with my broker, she said the stock that I mentioned did not provide so, whereby I check the company web, and it does.
do u think my broker just being sucks n not doing her job? sigh
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QUOTE(Shanicehong @ Jan 7 2014, 10:03 PM)
Yes, I got that replied mail too
*
That's too bad. They must have remove Malaysia last year or something. I knew for a fact they did
allow Malaysia citizens/resident to join. A few of us may already have accounts there before they remove the requirements.

Anyway, try TD Ameritrade (9.99/trade). Love its trading tool: ThinkorSwim (the best one I've seen). thumbup.gif
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QUOTE(yok70 @ Jan 7 2014, 10:41 PM)
you paper profit 100%+ by now?  rclxms.gif
*
I took a little profit for FB, I wait for more breakthru at 59 before adding or pull back.
59 seems to be resistance.


Shanicehong
post Jan 7 2014, 11:58 PM

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does anyone know that we need to apply for ITIN in oreder to open trade account?
danmooncake
post Jan 8 2014, 12:06 AM

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QUOTE(Shanicehong @ Jan 7 2014, 11:45 PM)
does anyone know how to sign up the DRP for sstocks that offer div reinvestment? I check with my broker, she said the stock that I mentioned did not provide so, whereby I check the company web, and it does.
do u think my broker just being sucks n not doing her job? sigh
*
DRIP (Dividend Reinvestment Plan) stocks are mostly available for DOW component stocks. eg. XOM, CVX, CSCO, JPM, BA, etc

But, you need to know the US IRS treats dividends as earned income - whether it is pay in cash or in stocks.
You may need to pay upfront (up to 30%) for any earned income since you're non-resident alien (for tax purpose).
Therefore, I believe it is better to go for growth stocks for capital gain than dividends if you're non-resident.
Please do research carefully before setup a DRIP plan with your broker otherwise you'll end up a negative surprise at dividend payout time.




danmooncake
post Jan 8 2014, 12:42 AM

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QUOTE(Shanicehong @ Jan 7 2014, 11:58 PM)
does anyone know that we need to apply for ITIN in oreder to open trade account?
*
It depends on the broker when they need a ITIN number or not. Most of them do not if they allow foreign traders as long you file W8BEN form.

But, if you wish to collect dividends and want to file for refunds later with US IRS, you will need an ITIN number if you do not have US SSN number.


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post Jan 8 2014, 11:07 PM

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QUOTE(danmooncake @ Jan 7 2014, 12:21 AM)
Took a short position in TWTR..  tongue.gif
*
Closed out short here at 58. I can't believe TWTR is making me more money than AAPL now. doh.gif
yok70
post Jan 9 2014, 04:52 AM

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QUOTE(danmooncake @ Jan 8 2014, 11:07 PM)
Closed out short here at 58.  I can't believe TWTR is making me more money than AAPL now.  doh.gif
*
Apple seems pretty tough on this support area. Wondering if it could reach my target 525-530. hmm.gif

This post has been edited by yok70: Jan 9 2014, 04:53 AM
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QUOTE(yok70 @ Jan 9 2014, 04:52 AM)
Apple seems pretty tough on this support area. Wondering if it could reach my target 525-530.  hmm.gif
*
It could flush there easily once that thin ice cracks (that 50ma line).
Sold the 552.50 calls to make some money. Let see how it turns out by Friday.
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post Jan 9 2014, 09:45 AM

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DJIA and S & P Index = down, shakehead.gif BUT
C, MGM, LVS, ETFC, MPEL, LYG ..etc breaks price record HIGH again notworthy.gif

U Invest in Assets or Earnings??
Value Investor - Quantitative or Qualitative Approach?

Many ppls expects a correction of 10% or more in 1st Qrtr 2014 after logging more than 30% in year 2013..
Why follow majority analyst/ppl's view/prediction? DARE to be exceptional ..Be greedy while others are fearful??
Be Exceptional provides a revolutionary approach in knowledge development. laugh.gif

Taper/Stop QE = Good, as USA economy will sail into the deep sea by its own self, without any supporting
policy/help.. Low interest rate thumbup.gif is also good too for country economy in USA/Japan/UK ..
foosh
post Jan 9 2014, 11:00 PM

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QUOTE(danmooncake @ Jan 6 2014, 10:48 PM)
Uncle Ben/Aunt Yellen machines won't stop yet, may slow down but ain't stopping so far and
we won't see interest rate increase probably till end of 2015.

China - still facing uncertainty and choppy. Market is telling us something.
Euro - recovering slowly (certainly still a bargain).

Tonight, Chinese ETF (FTSE 25 Xinhua) is pulling back big.. if falls thru 200ma, it can spell trouble.
*
Thanks for the feedback....

Jobs stats good, people getting jobs, people will buy house buy insurance....

My money on financials and insurance.

btw, im a TOS fan too. Been using for 2 years now.
Shanicehong
post Jan 10 2014, 12:30 AM

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QUOTE(danmooncake @ Jan 8 2014, 12:06 AM)
DRIP (Dividend Reinvestment Plan) stocks are mostly available for DOW component stocks. eg. XOM, CVX, CSCO, JPM, BA, etc

But, you need to know the US IRS treats dividends as earned income - whether it is pay in cash or in stocks.
You may need to pay upfront (up to 30%) for any earned income since you're non-resident alien (for tax purpose).
Therefore, I believe it is better to go for growth stocks for capital gain than dividends if you're non-resident.
Please do research carefully before setup a DRIP plan with your broker otherwise you'll end up a negative surprise at dividend payout time.
*
Oh... Ok. I understand that the dividen payout may charge for 30% n I thought that to reinvest May avoid the charges. But now I understand that. Thank you.

yok70
post Jan 10 2014, 04:44 AM

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testing the support 538 few times now. lets see if it could break it down! then we can see 525 area. brows.gif
yok70
post Jan 10 2014, 05:08 AM

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investors are optimistic on tomorrow's jobs data?
so now once again good news is bad news?
hmm.gif
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post Jan 10 2014, 06:09 AM

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QUOTE(yok70 @ Jan 10 2014, 05:08 AM)
investors are optimistic on tomorrow's jobs data?
so now once again good news is bad news? 
hmm.gif
*
I expect bad news... (as in less than expected).
I think the market is due for a short term correction.

I'm seeing buying are slowing. Very tight range now for SP500.

Are u ready with some cash at sidelines?



yok70
post Jan 10 2014, 03:01 PM

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QUOTE(danmooncake @ Jan 10 2014, 06:09 AM)
I expect bad news... (as in less than expected). 
I think the market is due for a short term correction.

I'm seeing buying are slowing.  Very tight range now for SP500. 

Are u ready with some cash at sidelines?
*
oh ya, always has some cash waiting for the bears. icon_rolleyes.gif
foosh
post Jan 10 2014, 10:13 PM

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Job stats shakehead.gif shakehead.gif shakehead.gif
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The UE number is 6.7% now (getting closer to 6.5%) but the growth number is only 67k (that's really weak).
The economists now blame the weather and saying now this number is not reliable. laugh.gif


yok70
post Jan 10 2014, 10:29 PM

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QUOTE(danmooncake @ Jan 10 2014, 10:15 PM)
The UE number is 6.7% now (getting closer to 6.5%) but the growth number is only 67k (that's really weak).
The economists now blame the weather and saying now this number is not reliable.   laugh.gif
*
now bad news is good news or bad news? i blur oledy... rclxub.gif whistling.gif

This post has been edited by yok70: Jan 10 2014, 10:29 PM
mikehwy
post Jan 10 2014, 10:44 PM

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purely by stats, UE drops below the 7.0 benchmark for over 5 years -good news.

This signals slower economic growth for the US and could help to delay the QE2, or reduces its quantum - good news.

The increase in non-farm payroll is the slowest since 2011 - Bad news.

If we all win before the cny, then - goos news. lol


danmooncake
post Jan 10 2014, 10:59 PM

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QUOTE(mikehwy @ Jan 10 2014, 10:44 PM)
purely by stats, UE drops below the 7.0 benchmark for over 5 years -good news.

This signals slower economic growth for the US and could help to delay the QE2, or reduces its quantum - good news.

The increase in non-farm payroll is the slowest since 2011 - Bad news.

If we all win before the cny, then - goos news. lol
*
Before CNY? laugh.gif anyway, I'm looking at the China market now, maybe some good opportunity there
after the big sell off early this week.
yok70
post Jan 10 2014, 11:33 PM

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QUOTE(mikehwy @ Jan 10 2014, 10:44 PM)
purely by stats, UE drops below the 7.0 benchmark for over 5 years -good news.

This signals slower economic growth for the US and could help to delay the QE2, or reduces its quantum - good news.

The increase in non-farm payroll is the slowest since 2011 - Bad news.

If we all win before the cny, then - goos news. lol
*
rclxms.gif
yok70
post Jan 10 2014, 11:33 PM

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QUOTE(danmooncake @ Jan 10 2014, 10:59 PM)
Before CNY?  laugh.gif    anyway, I'm looking at the China market now, maybe some good opportunity there
after the big sell off early this week.
*
I've been buying China/HK stocks last few days too. thumbup.gif
danmooncake
post Jan 11 2014, 03:55 AM

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I can't believe TWTR short continues to work.. laugh.gif
Last batch out at $56. I'm done this week.

Disappointed at AAPL.. going no where but dipped below 50ma. doh.gif
Will sell more covered calls next week.
yok70
post Jan 11 2014, 04:23 AM

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QUOTE(danmooncake @ Jan 11 2014, 03:55 AM)
Disappointed at AAPL.. going no where but dipped below 50ma.  doh.gif
Will sell more covered calls next week.
*
I think it's pretty much only following the broad market trend. When (if) market starts to recover, it will follow. Just a feel.
Do you think broad market correction is on its way? I'm just seeing sidelines now (with perhaps a rather moderate +/- 3% range), neither up or down trend.

This post has been edited by yok70: Jan 11 2014, 04:24 AM
danmooncake
post Jan 11 2014, 10:20 AM

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QUOTE(yok70 @ Jan 11 2014, 04:23 AM)
I think it's pretty much only following the broad market trend. When (if) market starts to recover, it will follow. Just a feel.
Do you think broad market correction is on its way? I'm just seeing sidelines now (with perhaps a rather moderate +/- 3% range), neither up or down trend.
*
I have a feeling that something is brewing.. and maybe not good for the bulls for this quarter.
It looks like a sell off is coming, maybe just waiting for an excuse. Market not rallying due to dismay job numbers and some blame the weather but the participation rate is telling us, something is not right. Wait till end of Jan, still and if it is dismay after more seasonal layoffs, then the market may have a steep correction.

Also, Earnings this week, AA and some brick and mortar retail stocks aren't not doing good this holiday season.
But, we need to hear more from the online stores like AMZN, Ebay, etc..

AAPL earnings on Jan 27th after market close. Mark your calendar. Let see if the blow out number can happen or not.
If doesn't happen, AAPL will suffer severe punishment for several months.

Either it will run up $600 or back below $500. brows.gif

This post has been edited by danmooncake: Jan 11 2014, 11:06 AM
foosh
post Jan 11 2014, 04:21 PM

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whats a recommended broker for china and HK stocks btw?
yok70
post Jan 11 2014, 07:19 PM

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QUOTE(danmooncake @ Jan 11 2014, 10:20 AM)
I have a feeling that something is brewing.. and maybe not good for the bulls for this quarter.
It looks like a sell off is coming, maybe just waiting for an excuse. Market not rallying due to dismay job numbers and some blame the weather but the participation rate is telling us, something is not right. Wait till end of Jan, still and if it is dismay after more seasonal layoffs, then the market may have a steep correction.

Also, Earnings this week, AA and some brick and mortar retail stocks aren't not doing good this holiday season.
But, we need to hear more from the online stores like AMZN, Ebay, etc..

AAPL earnings on Jan 27th after market close. Mark your calendar.  Let see if the blow out number can happen or not.
If doesn't happen, AAPL will suffer severe punishment for several months.

Either it will run up $600 or back below $500.  brows.gif
*
thanks for the feedback. thumbup.gif
always up and down doubts around, and this is stock market all about. biggrin.gif
a 10% correction will put apple back to 480 area. brows.gif
17 jan, china mobile will start selling iphones. unsure.gif
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post Jan 11 2014, 11:31 PM

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QUOTE(yok70 @ Jan 11 2014, 07:19 PM)
thanks for the feedback.  thumbup.gif
always up and down doubts around, and this is stock market all about.  biggrin.gif
a 10% correction will put apple back to 480 area.  brows.gif
17 jan, china mobile will start selling iphones.  unsure.gif
*
You know, I wonder.. how many people in China can afford an iPhone or willing to buy one ? Furthermore, they don't have subsidies. For those who have access to the high-speed area (China Mobile mostly are 3G only), they ALREADY got a smartphone (droid ones). There are plenty of smartphones running droid and they're dirt cheap. hmm.gif

This post has been edited by danmooncake: Jan 11 2014, 11:34 PM
yok70
post Jan 12 2014, 04:00 AM

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QUOTE(danmooncake @ Jan 11 2014, 11:31 PM)
You know, I wonder.. how many people in China can afford an iPhone or willing to buy one ? Furthermore, they don't have subsidies. For those who have access to the high-speed area (China Mobile mostly are 3G only), they ALREADY got a smartphone (droid ones). There are plenty of smartphones running droid and they're dirt cheap.  hmm.gif
*
I fully agree that it's not a short term catalyst, but a long term one. The positive on Apple links with China Mobile is to ride along China's growth story, which is very much intact so far. If China able to continue growing at 5%-7% GDP for the next 10 years, we can imagine the buying power from steady growth of middle class, that would be huge. China people "want face", as long as Apple able to maintain its prestigious brand icon and not going cheap, I see middle class (in fact, especially middle class since half-bottle-water people "want face" much stronger than upper class/successful people. I see youngsters using iphone in KL, lots of them. While some big boss choose Note 3 because their eyes no good already and need a big screen, they don't care brand-name). So buying Apple today is target at holding it for 5 years or above. Those who buy for the hope of short term gain might be disappointed. But not related to you lah, you are swing player, more swing more gain type. biggrin.gif

btw, I'm thinking this correction of QE tapering may not be as aggressive as many hope. The bottom line is world economy is improving. In this case, QE immediately becomes less priority to the market. I watched a talk show just now by China experts regarding QE tapering effect to China economy. From there, I can see the bears were getting out of word after some debates, the bulls seem to have much stronger sayings regarding issues (ie. money tightening, bond yield raising etc.). I almost saw a KO on the bears in the show.
yok70
post Jan 14 2014, 04:34 AM

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danmooncake, you wish comes true. deep red today. wish to see Apple back to 500 best. brows.gif
danmooncake
post Jan 14 2014, 05:46 AM

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Well, the bears fired the shots across the bows last week and they conducted first raid tonight. Didn't say we didn't see this coming, right? Let see how it goes by end of this week 'coz I got AAPL expiration by Friday. I sold the 550 and 555 calls. Lots of room for me to stand aside and watch the bear raid. laugh.gif

This post has been edited by danmooncake: Jan 14 2014, 05:47 AM
yok70
post Jan 14 2014, 05:53 AM

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QUOTE(danmooncake @ Jan 14 2014, 05:46 AM)
Well, the bears fired the shots across the bows last week and they conducted first raid tonight. Didn't say we didn't see this coming, right?  Let see how it goes by end of this week 'coz I got AAPL expiration by Friday. I sold the 550 and 555 calls. Lots of room for me to stand aside and watch the bear raid.  laugh.gif
*
a longer pullback is good for me too, cause i wanna continue accumulate at low. icon_rolleyes.gif
mikehwy
post Jan 14 2014, 12:22 PM

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QUOTE(danmooncake @ Jan 14 2014, 05:46 AM)
Well, the bears fired the shots across the bows last week and they conducted first raid tonight. Didn't say we didn't see this coming, right?  Let see how it goes by end of this week 'coz I got AAPL expiration by Friday. I sold the 550 and 555 calls. Lots of room for me to stand aside and watch the bear raid.  laugh.gif
*
i really think its a goid shot. wonder if it can valley ti 494 again. its hard to decelop the china market due to the lower disposable income and the fierce competition from the dirt cheap local phones such as huawei, xioamei etc.
hope many here can shot and shot for a happy cny.
yok70
post Jan 15 2014, 02:21 AM

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damn the bull is so strong cannot tired.
TSnetmask8
post Jan 15 2014, 08:45 AM

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QUOTE(yok70 @ Jan 15 2014, 02:21 AM)
damn the bull is so strong cannot tired.
*
As long as QE is still continue and with record near-zero interest rate, there is a probability of
re-run repeat of year 2013.. Even without the QE, the USA economy is in
better shape compared to last 4-5 years, and it will grow by itself without any life oxygen(No OE).
IMHO, Holding Power is one of the key tools in investment..

This post has been edited by netmask8: Jan 15 2014, 08:46 AM
yok70
post Jan 15 2014, 04:46 PM

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QUOTE(netmask8 @ Jan 15 2014, 08:45 AM)
As long as QE is still continue and with record near-zero interest rate, there is a probability of
re-run repeat of year 2013.. Even without the QE, the USA economy is in
better shape compared to last 4-5 years, and it will grow by itself without any life oxygen(No OE).
IMHO, Holding Power is one of the key tools in investment..
*
icon_rolleyes.gif
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post Jan 15 2014, 10:57 PM

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Oh wow... AAPL is making its run now.
Darn.. looks like my shares will be taken away by Friday if it closes at above 555.


Pretty strong bid for TSLA too.. play a little calls here for scalping. laugh.gif

This post has been edited by danmooncake: Jan 15 2014, 11:20 PM
yok70
post Jan 16 2014, 04:16 AM

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QUOTE(danmooncake @ Jan 15 2014, 10:57 PM)
Oh wow... AAPL is making its run now.
Darn.. looks like my shares will be taken away by Friday if it closes at above 555.
Pretty strong bid for TSLA too.. play a little calls here for scalping.  laugh.gif
*
sigh! now Apple really heading towards to breakout 570 recent high. No chance to pick up my 4th batch....yet, unless 27th report shows disappointing earnings. laugh.gif
auntyQQQQQ
post Jan 16 2014, 11:14 PM

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Guys check out MLMs like Herbalife and Nuskin , the shares are taking a big hit today after China undertaking an investigation into Nuskin operation following an article in the People's daily report . This kind of remind me of an incident last year where Bill Ackman accusing Herbalife of being a pyramid scheme , the shares took a big hit but now recovered and got even better . Now the question is will Nuskin recover and when will it recover ? hmmm
bfoot
post Jan 17 2014, 02:14 AM

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It is really difficult to time the market. Your better bet is to cost average ensuring you're not buying at the top or bottom of the end.
bfoot
post Jan 17 2014, 02:24 AM

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AAPL's market share has been dropping all over the places. Ipod is dying. Iphone world wide market share is likely around 10-12% now. It will definitely below 10% by the end of this year. Ipad world wide market share has been down to 30%. I expect we will see it hovering around 15-20% by the end of this year. Unless they can create a brand new market by themselves, I don't see we will ever see another big run up we saw in the past. Don't get me wrong, it will continue milking the uninformed customers for the years to come (just like MSFT).

I spent a lot of time researching what's the next best thing. After so many years, I came to a conclusion that the best strategy is passive investing -- couch potato strategy. Last year was phenomenon, I don't expect seeing repeating result again this year. For the extra time and energy I save, it is well worth it.

Cheers.
TSnetmask8
post Jan 17 2014, 08:50 AM

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Dow Jones 18000 - 18500 pts by end of 31st Dec 2014 ??

Source for Dow JONES 18K hmm.gif
foosh
post Jan 17 2014, 10:24 PM

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QUOTE(netmask8 @ Jan 17 2014, 08:50 AM)
Dow Jones 18000 - 18500 pts by end of 31st Dec 2014 ??

Source for Dow JONES 18K   hmm.gif
*
We got 11 and a half months to wait rclxms.gif

QUOTE(auntyQQQQQ @ Jan 16 2014, 11:14 PM)
Guys check out MLMs like Herbalife and Nuskin , the shares are taking a big hit today after China undertaking an investigation into Nuskin operation following an article in the People's daily report . This kind of remind me of an incident last year where Bill Ackman accusing Herbalife of being a pyramid scheme , the shares took a big hit but now recovered and got even better . Now the question is will Nuskin recover and when will it recover ? hmmm
*
Nice spot...good knee jerk play possibility.

This post has been edited by foosh: Jan 17 2014, 10:26 PM
danmooncake
post Jan 17 2014, 10:35 PM

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QUOTE(foosh @ Jan 17 2014, 10:24 PM)
We got 11 and a half months to wait  rclxms.gif
*
I like to see Dow 14000 or 15000 first before 18000.
or better yet, go down to bear territory and take a peak at 13000 level. brows.gif

foosh
post Jan 17 2014, 10:52 PM

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QUOTE(danmooncake @ Jan 17 2014, 10:35 PM)
I like to see Dow 14000 or 15000 first before 18000.
or better yet, go down to bear territory and take a peak at 13000 level.  brows.gif
*
If it happens within 2014, by all means bro...i'm in for the ride! thumbup.gif
danmooncake
post Jan 17 2014, 11:09 PM

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AAPL China Mobile launched... looks like they're selling into the news.
I may get to keep my shares if AAPL can stay below 550 by closing. biggrin.gif
yok70
post Jan 18 2014, 06:22 AM

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QUOTE(danmooncake @ Jan 17 2014, 11:09 PM)
AAPL China Mobile launched... looks like they're selling into the news. 
I may get to keep my shares if AAPL can stay below 550 by closing.  biggrin.gif
*
as you (and I ) wish, 540. icon_rolleyes.gif
give me 520. brows.gif
danmooncake
post Jan 18 2014, 07:39 AM

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QUOTE(yok70 @ Jan 18 2014, 06:22 AM)
as you (and I ) wish, 540.  icon_rolleyes.gif
give me 520.  brows.gif
*
Got it.. 540. laugh.gif

520 next week maybe? Only 4 trading days since market is closed for MLK day. brows.gif

This post has been edited by danmooncake: Jan 18 2014, 07:39 AM
TSnetmask8
post Jan 18 2014, 08:37 AM

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Casino and Gaming stocks are reaches price record high again.. MGM, WYNN, MPEL, LVS drool.gif
US Dollar is high too.. Hence, Your portfolios net worth is also increase, right?
Earning season maybe volatile, as some company may exceed/meet/miss their financial result
or Wall Street analyst's earning expectation..

This post has been edited by netmask8: Jan 18 2014, 08:50 AM
ChAOoz
post Jan 18 2014, 06:35 PM

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Guys any opinion on sony ? Caught a falling knife on this.

Any thoughts on sony able to revive their innovation for a turnaround ?

I'm banking for it to be a mini apple from Japan sweat.gif
danmooncake
post Jan 19 2014, 12:33 AM

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QUOTE(ChAOoz @ Jan 18 2014, 06:35 PM)
Guys any opinion on sony ? Caught a falling knife on this.

Any thoughts on sony able to revive their innovation for a turnaround ?

I'm banking for it to be a mini apple from Japan  sweat.gif
*
Ticker: SNE

The Q-to-Q results were bad due to declining levels of net profits and profit margins. Who's buying Sony's TV, cameras and cams anymore, right? Not sure about their new phones... are they any good?

But, they did have a fantastic sales for their PS4 during the holiday season.
With the recent sales figures from their new PS4 product line, this should help turn the company around for next Q as more sales coming with their home entertainment divisions.

Stock price action: Bearish, under consolidation.

Support: 16.50
Resistance: 18.00
Current price: 17

Depending on your time horizon, I would stay LONG side with tight stop at slightly below that support level.
Watch for next Q results.





ChAOoz
post Jan 19 2014, 10:18 PM

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QUOTE(danmooncake @ Jan 19 2014, 12:33 AM)
Ticker: SNE

The Q-to-Q results were bad due to declining levels of net profits and profit margins. Who's buying Sony's TV, cameras and cams anymore, right?  Not sure about their new phones... are they any good?

But, they did have a fantastic sales for their PS4 during the holiday season.
With the recent sales figures from their new PS4 product line, this should help turn the company around for next Q as more sales coming with their home entertainment divisions.

Stock price action: Bearish, under consolidation.

Support: 16.50
Resistance: 18.00
Current price: 17

Depending on your time horizon, I would stay LONG side with tight stop at slightly below that support level.
Watch for next Q results.
*
Yeah going long on this. I see a few positive catalyst:

1) Sony Mobile Phone Division, especially xperia is promising. Reviews especially user reviews has been good.
2) Console sales is good, but their software / app such as PS plus is one to lookout for on how it could add value for the sony ecosystem
3) Strong overseas sales and a weak yen
4) Sony pictures with better releases and less flop (hopefully. American Hustler was good)

The negative, would be the group has many diversified business like computing, electronics goods which is all on a downhill battle.

Looking at a target price of 21.50 on next Q result. Wishful thinking thumbup.gif ?
rjb123
post Jan 21 2014, 01:15 AM

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For any TD Ameritrade users - have you ever had issues funding your account via Wire transfer?

I made my initial deposit on Friday and got an e-mail today that the payment was rejected and returned - and TD can't tell me the reason.

Also cost me $44 USD in bank charges sad.gif
danmooncake
post Jan 21 2014, 04:34 AM

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QUOTE(rjb123 @ Jan 21 2014, 01:15 AM)
For any TD Ameritrade users - have you ever had issues funding your account via Wire transfer?

I made my initial deposit on Friday and got an e-mail today that the payment was rejected and returned - and TD can't tell me the reason.

Also cost me $44 USD in bank charges sad.gif
*
TDA uses First National Bank of Omaha for incoming wire.
Did you get the ABA and Account number correct? I dunno their SWIFT code but you can ask them if your transmitting bank uses that.



TSnetmask8
post Jan 21 2014, 11:51 AM

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QUOTE(rjb123 @ Jan 21 2014, 01:15 AM)
For any TD Ameritrade users - have you ever had issues funding your account via Wire transfer?

I made my initial deposit on Friday and got an e-mail today that the payment was rejected and returned - and TD can't tell me the reason.

Also cost me $44 USD in bank charges sad.gif
*
No sure abt TD Ameritrade.. But need to have SWIFT CODE of the bank, bank account number
and trading account number(optional). Another important matter is the First NAME, Middle NAME
and LAST NAME (SURNAME) in yr application.. USA's family NAME/Surname is at the last..
If the BANK/Broker officers saw yr passport first/last name is different sequence per yr application(USA format),
it may reject it too.. It is applicable too when you sell yr share and want/need to wire back
the money.. Usually it won't..
rjb123
post Jan 21 2014, 01:05 PM

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QUOTE(danmooncake @ Jan 21 2014, 04:34 AM)
TDA uses First National Bank of Omaha for incoming wire.
Did you get the ABA and Account number correct?  I dunno their SWIFT code but you can ask them if your transmitting bank uses that.
*
QUOTE(netmask8 @ Jan 21 2014, 11:51 AM)
No sure abt TD Ameritrade.. But need to have SWIFT CODE of the bank, bank account number
and trading account number(optional). Another important matter is the First NAME, Middle NAME
and LAST NAME (SURNAME) in yr application..  USA's family NAME/Surname is at the last..
If the BANK/Broker officers saw yr passport first/last name is different sequence per yr application(USA format),
it may reject it too.. It is applicable too when you sell yr share and want/need to wire back
the money.. Usually it won't..
*
Yep, the payment was sent to First National Bank of Omaha, I called TD Ameritrade before to confirm their SWIFT code. All my name and details were in order as they should have been, I'll call TDAT again today to see if they can give me a reason (yesterday was Martin Luther King day, ie. banks not working) - don't want to waste $44 USD again for the payment to get returned again shakehead.gif The only restriction they told me is that the funds must be coming from an account in my own name.

My bank didn't give me much info :

QUOTE
I am writing to you in relation to a recent payment you completed under payment reference xxxxxxxx to TD Ameritrade INC for USDxxxxx on the 16.01.2014.

Please be advised the funds have been returned for USDxxxx,stating there are restrictions on the beneficiary account and they are unable to apply the funds.

wongmunkeong
post Jan 21 2014, 01:23 PM

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QUOTE(rjb123 @ Jan 21 2014, 01:05 PM)
Yep, the payment was sent to First National Bank of Omaha, I called TD Ameritrade before to confirm their SWIFT code. All my name and details were in order as they should have been, I'll call TDAT again today to see if they can give me a reason (yesterday was Martin Luther King day, ie. banks not working) - don't want to waste $44 USD again for the payment to get returned again  shakehead.gif The only restriction they told me is that the funds must be coming from an account in my own name.

My bank didn't give me much info :
*
Gwei lohs' issue with typical Surname & First names?
eg in MBB: Wong Seng Kwan
but in US a/c since we fill in First name = Seng Kwan, Last Name/Surname Wong, the account name = Seng Kwan Wong, which differs from MBB's?

Heard of this prob from other users when withdrawing $ from OptionsXpress to local bank account though. Not during $ in.

This post has been edited by wongmunkeong: Jan 21 2014, 01:23 PM
rjb123
post Jan 21 2014, 01:27 PM

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QUOTE(wongmunkeong @ Jan 21 2014, 01:23 PM)
Gwei lohs' issue with typical Surname & First names?
eg in MBB: Wong Seng Kwan
but in US a/c since we fill in First name = Seng Kwan, Last Name/Surname Wong, the account name = Seng Kwan Wong, which differs from MBB's?
*
Nope, not the issue - I'm gwei loh so my name is the same way around, and the payment didn't come from an Asian bank.

I'll see what they tell me later - need to wait until night time due to the time difference
mikehwy
post Jan 21 2014, 06:25 PM

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US future +40+.
from bloomberg::

LONDON (MarketWatch) -- European stock markets advanced on Tuesday, tracking most Asian bourses higher after the People's Bank of China last night provided a short-term liquidity injection to commercial banks. The extra liquidity comes ahead of the New Year holiday later this month, when large amounts of money are usually withdrawn from banks to fund travel and gifts.





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post Jan 21 2014, 10:06 PM

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QUOTE(rjb123 @ Jan 21 2014, 01:27 PM)
Nope, not the issue - I'm gwei loh so my name is the same way around, and the payment didn't come from an Asian bank.

I'll see what they tell me later - need to wait until night time due to the time difference
*
If you're not in hurry, it is cheaper to send them a bank draft/cheque (or cashier's cheque) drawn in USD.
Just mail to them via regular Pos. Takes 2-3 weeks to clear but it works.


TSnetmask8
post Jan 21 2014, 11:05 PM

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Secret calendar , Secret Profit / Investment??

Secret Investment , Calendar + Good ROI / Results
rjb123
post Jan 21 2014, 11:06 PM

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QUOTE(danmooncake @ Jan 21 2014, 10:06 PM)
If you're not in hurry, it is cheaper to send them a bank draft/cheque (or cashier's cheque) drawn in USD.
Just mail to them via regular Pos. Takes 2-3 weeks to clear but it works.
*
Yeah, that's quite slow .. especially if the post wasn't to arrive. I'd prefer to do it by transfer

Anyway, spoken to them and apparently the funds were rejected due to the location of my bank (Isle of Man) as they're not allowed to have customers from there but maybe can accept fund deposits from there.

I'll use Maybank next time blush.gif
danmooncake
post Jan 22 2014, 01:03 AM

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QUOTE(mikehwy @ Jan 21 2014, 06:25 PM)
US future +40+.
from bloomberg::

LONDON (MarketWatch) -- European stock markets advanced on Tuesday, tracking most Asian bourses higher after the People's Bank of China last night provided a short-term liquidity injection to commercial banks. The extra liquidity comes ahead of the New Year holiday later this month, when large amounts of money are usually withdrawn from banks to fund travel and gifts.
*
Time to sell into the pop... brows.gif
mikehwy
post Jan 22 2014, 01:24 AM

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Midnite story (or rumours?) : -

Possible cause for the sudden depressed mood on Dows is a Wall Street Journal report that the Federal Reserve could increase the rate of its tapering (bond-buying la) by an additional $10 billion per month... meaning, Fed could announce further decrease in bond purchases at the close of its *bludy* Jan 28-29 meeting (Happy cny for some ...hehe?). This would reduce bond purchases to $65 billion monthly, probably starting in February – compared to $85 billion per month as recently as December.


yok70
post Jan 22 2014, 04:06 AM

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QUOTE(danmooncake @ Jan 22 2014, 01:03 AM)
Time to sell into the pop...  brows.gif
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HK market only rebounded less than 1%, already time to sell? tongue.gif
danmooncake
post Jan 22 2014, 05:53 AM

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QUOTE(yok70 @ Jan 22 2014, 04:06 AM)
HK market only rebounded less than 1%, already time to sell?  tongue.gif
*
By the way, have you look at FTSE 25 Xinhua? Something is not right with it now..
China says they going to loosen up but market still not moving for them. I think they wanted to revisit the lows again like last year.
yok70
post Jan 22 2014, 06:05 AM

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QUOTE(danmooncake @ Jan 22 2014, 05:53 AM)
By the way, have you look at FTSE 25 Xinhua? Something is not right with it now..
China says they going to loosen up but market still not moving for them.  I think they wanted to revisit the lows again like last year.
*
Yes, it's my regular monitoring ETF. One in Bursa too, the cimbc25 which is a xinhua 25 etf.
if it wants to revisit the low, that would be another 10-15% decline. My average buying price is at about current level.
it's now on the first support line....very hard to see if it would move up or down....but if looking at mid term graph, it seems more likely on the bearish trend.... hmm.gif
however, fundamentally speaking, i'll just continue buying if it moves downwards considering that's a steal. tongue.gif

This post has been edited by yok70: Jan 22 2014, 01:02 PM
danmooncake
post Jan 23 2014, 10:30 PM

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QUOTE(yok70 @ Jan 22 2014, 06:05 AM)
Yes, it's my regular monitoring ETF. One in Bursa too, the cimbc25 which is a xinhua 25 etf.
if it wants to revisit the low, that would be another 10-15% decline. My average buying price is at about current level.
it's now on the first support line....very hard to see if it would move up or down....but if looking at mid term graph, it seems more likely on the bearish trend....  hmm.gif
however, fundamentally speaking, i'll just continue buying if it moves downwards considering that's a steal.  tongue.gif
*
I'm tempted to play the FXI with option. Saw range bet for it with upside at 40, downside at 33.

Market is going red tonight.. ang pau chance is here.
jerrychoo2004
post Jan 23 2014, 10:42 PM

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I think next week will rally again ... bear just come out play play nia tongue.gif
whats your view on this red Dan?

This post has been edited by jerrychoo2004: Jan 23 2014, 10:43 PM
danmooncake
post Jan 23 2014, 11:01 PM

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QUOTE(jerrychoo2004 @ Jan 23 2014, 10:42 PM)
I think next week will rally again ... bear just come out play play nia tongue.gif
whats your view on this red Dan?
*
It is still a buying opportunity, just a small pull back here. Both SP500 and Nasdaq still strong, but DOW got nice pull back to the slightly above 50ma @ 16209, low risk buy here with stop at 16150.
yok70
post Jan 24 2014, 01:41 AM

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QUOTE(danmooncake @ Jan 23 2014, 11:01 PM)
It is still a buying opportunity, just a small pull back here. Both SP500 and Nasdaq still strong, but DOW got nice pull back to the slightly above 50ma @ 16209, low risk buy here with stop at 16150.
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my cimb platform will be able to trade US's ETF next week onwards on the NYSEArca. So finally I can short the market through inverse ETFs! Need your recommendations on those by then. In mind now are the ETF to long/short the US, HK and SSE index market, and also the Gold, crude oil and palm oil. Are these ETFs exist? There is no "deadline" on ETFs right? Can hold forever one right? notworthy.gif
danmooncake
post Jan 24 2014, 03:44 AM

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QUOTE(yok70 @ Jan 24 2014, 01:41 AM)
my cimb platform will be able to trade US's ETF next week onwards on the NYSEArca. So finally I can short the market through inverse ETFs! Need your recommendations on those by then. In mind now are the ETF to long/short the US, HK and SSE index market, and also the Gold, crude oil and palm oil. Are these ETFs exist? There is no "deadline" on ETFs right? Can hold forever one right?  notworthy.gif
*
Yes, these ETFs exist. For example: FXI is US version of CIMB's FTSE 25 china stocks.

The bear share for FXI is YXI

For leverage play (2x),
The Bull share is: XPP
The Bear share is: FXP

Take a look at ProShares web site, they got other Bear/Bull and leverage ETFs for commodities, crude, etc.

Right now, I like to play XPP and FXP. brows.gif


yok70
post Jan 24 2014, 03:58 AM

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QUOTE(danmooncake @ Jan 24 2014, 03:44 AM)
Yes, these ETFs exist. For example: FXI is US version of CIMB's FTSE 25 china stocks.

The bear share for FXI is YXI

For leverage play (2x),
The Bull share is: XPP
The Bear share is: FXP

Take a look at ProShares web site, they got other Bear/Bull and leverage ETFs for commodities, crude, etc.

Right now, I like to play XPP and FXP.   brows.gif
*
cool! thanks man! brows.gif

damn, this apple really stubborn! where is my bear bear! party ruin by this Icahn! shakehead.gif

This post has been edited by yok70: Jan 24 2014, 04:01 AM
danmooncake
post Jan 24 2014, 04:10 AM

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QUOTE(yok70 @ Jan 24 2014, 03:58 AM)
cool! thanks man!  brows.gif

damn, this apple really stubborn! where is my bear bear!  party ruin by this Icahn!  shakehead.gif
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That's why I sell the 530, 540 and 545 put.. that 50ma line is good support, and sold 560 call with my commons.

Next week - really dunno. If AAPL crushes earnings, then we could see a spike up above 580 line but if mediocre or slight miss..maybe below 530 but I think 500 should hold.


mikehwy
post Jan 24 2014, 05:42 PM

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dows touching 16k v soon lor
danmooncake
post Jan 24 2014, 09:37 PM

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QUOTE(mikehwy @ Jan 24 2014, 05:42 PM)
dows touching 16k v soon lor
*
Not too worry about Dow.. but take a look at Emerging Market index.. what a bear! laugh.gif
yok70
post Jan 24 2014, 09:52 PM

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QUOTE(danmooncake @ Jan 24 2014, 09:37 PM)
Not too worry about Dow.. but take a look at Emerging Market index.. what a bear!  laugh.gif
*
that bear triggers me to continue adding HK/china stocks.... sweat.gif
danmooncake
post Jan 24 2014, 10:37 PM

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QUOTE(yok70 @ Jan 24 2014, 09:52 PM)
that bear triggers me to continue adding HK/china stocks.... sweat.gif
*
I like FXP now.. since China is moving south again. going to cash out a bit here and wait for opportunity to take
some XPP later.
foosh
post Jan 24 2014, 10:52 PM

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Blamed on emerging markets....for the bear run....
yok70
post Jan 24 2014, 11:58 PM

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QUOTE(danmooncake @ Jan 24 2014, 10:37 PM)
I like FXP now.. since China is moving south again. going to cash out a bit here and wait for opportunity to take
some XPP later.
*
I think the bear may not benefit more than 8% from here for the China....?....

SP500 is trying to break that 1805 line. if successful, may test 1750 soon....?.....

just some wild guess. tongue.gif

This post has been edited by yok70: Jan 24 2014, 11:59 PM
danmooncake
post Jan 25 2014, 12:31 AM

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QUOTE(yok70 @ Jan 24 2014, 11:58 PM)
I think the bear may not benefit more than 8% from here for the China....?....

SP500 is trying to break that 1805 line. if successful, may test 1750 soon....?.....

just some wild guess.  tongue.gif
*
Yes, next support will be 1750. Selling increased now..


Mid day snapshot..

FXI -2.20%

XPP -4.46%
FXP +4.70%

Also there... laugh.gif

yok70
post Jan 25 2014, 01:31 AM

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QUOTE(danmooncake @ Jan 25 2014, 12:31 AM)
Yes, next support will be 1750.  Selling increased now..
Mid day snapshot..

FXI -2.20%

XPP -4.46%
FXP +4.70%

Also there...  laugh.gif
*
huat lah! brows.gif
danmooncake
post Jan 25 2014, 04:47 AM

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QUOTE(yok70 @ Jan 25 2014, 01:31 AM)
huat lah!  brows.gif
*
Waah.... .almost -300 pts for DOW.

Looks like all the gaming/casino stocks (LVS,WYNN,MPEL,MGM) also got whacked!! brows.gif

This post has been edited by danmooncake: Jan 25 2014, 04:48 AM
TSnetmask8
post Jan 25 2014, 08:47 AM

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Investing Rules = never try to time the market. NOBODY can outsmart the market. It's a warning for not try to time the market applies to the bond market as well as the stock market—it’s a loser’s game. rclxms.gif
Source = Never try to time the market
Market Timing Fails As a Money Maker cry.gif
Can you TIME the market? shocking.gif

This post has been edited by netmask8: Jan 25 2014, 09:00 AM
mikehwy
post Jan 25 2014, 09:13 AM

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when i woke up n saw the free fall, i feel really down. have not seen this 'phenomina' for a while. damn. top losers went down 50% ? sounds like disasters somewhere somewhat
TSnetmask8
post Jan 25 2014, 04:11 PM

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QUOTE(mikehwy @ Jan 25 2014, 09:13 AM)
when i woke up n saw the free fall, i feel really down. have not seen this 'phenomina' for a while. damn. top losers went down 50% ? sounds like disasters somewhere somewhat
*
It is a Normal "phenomena" environment, as year 2013 had a good run, with more than 52 record breakers
in a year..DJIA gained almost 30% .. IMHO, 7-12% correction will be usual healthy mode but it won't happen
as 1) FED continue keep interest rates new ZERO, 2) expected good results release of economic data
(new home sales + consumer confidence) and 3) earning reports from AAPL, Google, FB, AT&T,
3M,CaterPillar,Pfizer ..etc next week.BUT, most importantly,4) last meeting that Uncle Ben going to chair with
non-promising / sluggish China economic data.

If you are a investor whom bought the stocks in year 2009-2012, your net worths have been
appreciated steady with yr base capital already returned thru dividends. Be patience, Wait for VIX > 25-28 pts and monitor closely with yr reserve cash ready to bargain some opportunity.
For investors like you, going to bed as usual, rclxms.gif and you no need to WAKE UP to see the trading.. Can sleep well?
Usually, get stocks at bargain price and continue your Holding Power/Test yr Patience.. thumbup.gif

This post has been edited by netmask8: Jan 26 2014, 10:12 PM
danmooncake
post Jan 26 2014, 12:00 PM

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QUOTE(mikehwy @ Jan 25 2014, 09:13 AM)
when i woke up n saw the free fall, i feel really down. have not seen this 'phenomina' for a while. damn. top losers went down 50% ? sounds like disasters somewhere somewhat
*
Some of the high flyers can go down faster especially the overvalued stocks esp. the market has a very strong rally last year. Now, it is time to give some back.

On Jan 17th, I've mentioned I would like to see Dow see 15000 first before 18000, don't mean to scare anybody but that's actually healthy for the market. Just a 10% correction. But, sometimes, panic selling can roll in,.. and if
market sees no additional positive signs, don't be surprised it can roll down to 14500.. that would translate into 12-13% correction.. that's still ok.

Back in 2011, the market dipped in bear territory with 20%correction with the European crisis. Everything is fine again a couple of month later.

So, relax.. sell some calls while you wait and get some cash ready to buy more later. biggrin.gif

This post has been edited by danmooncake: Jan 26 2014, 12:02 PM
TSnetmask8
post Jan 27 2014, 11:14 AM

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Year 2013 = DJIA up almost 30% .. So far, correction Year to Date = ( - 4.21% )
But, US Dollar at 4 years high against MYR at 3.345 drool.gif , as USA economy is getting better with more
tapering in QE.. HK Stocks got whacked !! but P/E and financial ratios = still unattractive / overvalue .. ohmy.gif
Perhaps, is P/E ratio below industry average PE is called as 'Intrinsic Value' ?

This post has been edited by netmask8: Jan 27 2014, 11:15 AM
danmooncake
post Jan 27 2014, 11:43 AM

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QUOTE(netmask8 @ Jan 27 2014, 11:14 AM)
Year 2013 = DJIA up almost 30% .. So far, correction Year to Date =  ( - 4.21% )
But, US Dollar at 4 years high against MYR  at 3.345  drool.gif  , as USA economy is getting better with more
tapering in QE..  HK Stocks got whacked !! but P/E and financial ratios = still unattractive / overvalue ..  ohmy.gif
Perhaps, is P/E ratio below industry average PE is called as 'Intrinsic Value' ?
*
Nice!! I like when the MYR drops another 0.3 percent. rclxm9.gif

If possible, let's go for 3.40!!! rclxms.gif
mikehwy
post Jan 27 2014, 12:07 PM

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QUOTE(netmask8 @ Jan 27 2014, 11:14 AM)
Year 2013 = DJIA up almost 30% .. So far, correction Year to Date =  ( - 4.21% )
But, US Dollar at 4 years high against MYR  at 3.345  drool.gif  , as USA economy is getting better with more
tapering in QE..  HK Stocks got whacked !! but P/E and financial ratios = still unattractive / overvalue ..  ohmy.gif
Perhaps, is P/E ratio below industry average PE is called as 'Intrinsic Value' ?
*
tapppering decision this week .... imo, intrinsic value is net asset/share, just in case the company 'chap lap' ma ... lol. i would not hold any ringgit at this moment.
simonmada
post Jan 27 2014, 07:24 PM

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Hey guys, I've a trading acct with TD Ameritrade. For dividends, it seems like there's a withholding of 30%. As my income tax bracket is below this, is there any way I can get back some of the taxed amount?
danmooncake
post Jan 27 2014, 10:30 PM

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QUOTE(simonmada @ Jan 27 2014, 07:24 PM)
Hey guys, I've a trading acct with TD Ameritrade. For dividends, it seems like there's a withholding of 30%. As my income tax bracket is below this, is there any way I can get back some of the taxed amount?
*
Yes, if you've filed W8BEN, just file 1040NR form by April 15th to get some refund.

simonmada
post Jan 27 2014, 11:27 PM

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QUOTE(danmooncake @ Jan 27 2014, 10:30 PM)
Yes, if you've filed W8BEN, just file 1040NR form by April 15th to get some refund.
*
Thanks danmooncake, where can I get the form? From LHDN?
danmooncake
post Jan 28 2014, 12:11 AM

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QUOTE(simonmada @ Jan 27 2014, 11:27 PM)
Thanks danmooncake, where can I get the form? From LHDN?
*
LHDN? No-lah, you are not collecting refund from Malaysia govt! This is USA.


US IRS (Uncle Sam Tax collector). Where else?
Google their site, you'll find it.

TDA ameritrade should send you a statement by March 1 (1099-DIV) which tells you exactly how much you were withhold. Use this to file 1040NR with Uncle Sam.

This post has been edited by danmooncake: Jan 28 2014, 12:13 AM
yok70
post Jan 28 2014, 05:46 AM

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Apple $14.50, higher than market expectation.
iphone sales lower, ipad sales higher.
so tomorrow may see......dropping? hmm.gif
danmooncake
post Jan 28 2014, 05:59 AM

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QUOTE(yok70 @ Jan 28 2014, 05:46 AM)
Apple $14.50, higher than market expectation.
iphone sales lower, ipad sales higher.
so tomorrow may see......dropping?  hmm.gif
*
Yes.. unfortunately. Let see if it will go down more tomorrow or not. AH drops to exactly the level that the option market was pricing it... if beat, it will go abive 560, it missed, it will be below 520.

So much for the best quarter for AAPL. This is actually a major disappointment for AAPL bulls.
ascend
post Jan 28 2014, 01:17 PM

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QUOTE(danmooncake @ Jan 21 2014, 10:06 PM)
If you're not in hurry, it is cheaper to send them a bank draft/cheque (or cashier's cheque) drawn in USD.
Just mail to them via regular Pos. Takes 2-3 weeks to clear but it works.
*
It seems that by sending (snail mail) bank draft/demand draft in USD to TDA, one can avoid not only the cable charges (usually around rm25) but also the intermediary bank charges? (usually around USD25). Is this correct? Thanks.
mikehwy
post Jan 28 2014, 05:34 PM

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Byr Bye dearest prof Bernake ...

fomc meet starts today. 2 days.
Its the last meet by outgoing Chairman Ben Bernanke.
hiw good or bad will it be emm?

most analysts expect another $10 billion tapering off of the central bank's 'helping or feeding hands' in its asset purchasing program.

sit tight bros.

dont 'drop' nomore. my hands r already cold .... lol

This post has been edited by mikehwy: Jan 28 2014, 05:37 PM
max_cavalera
post Jan 28 2014, 07:32 PM

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Damn I wish I enter us fund a week late...lesson learned as my hands got burn a little can't resist the charm of such hot funds....should wait till it cool off a little as indication to enter...
rjb123
post Jan 28 2014, 07:57 PM

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QUOTE(ascend @ Jan 28 2014, 01:17 PM)
It seems that by sending (snail mail) bank draft/demand draft in USD to TDA, one can avoid not only the cable charges (usually around rm25) but also the intermediary bank charges? (usually around USD25). Is this correct? Thanks.
*
What's the cost to issue a bank draft/demand draft from a Malaysian bank?

I did TT in the end to TDA, arrived in less than 24 hours smile.gif
ascend
post Jan 28 2014, 08:40 PM

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QUOTE(rjb123 @ Jan 28 2014, 07:57 PM)
What's the cost to issue a bank draft/demand draft from a Malaysian bank?

I did TT in the end to TDA, arrived in less than 24 hours smile.gif
*
A number of banks are charging around rm5 or none at all if amount is > rm5000 for foreign demand drafts.. They are making the money from the exchange rate. Today the sell rate from BNM is around 3.34 while banks sell rate is 3.38.
TT while being a bit more expensive (esp the intermediary bank charges) is obviously a lot faster.
yok70
post Jan 28 2014, 09:05 PM

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apple big drop on pre-market.... sweat.gif
come come, 480 boleh? brows.gif
mikehwy
post Jan 28 2014, 10:26 PM

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aapl -39? 511 now. omg breaking 500 v soon.

TSnetmask8
post Jan 28 2014, 10:37 PM

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LVS is going to announce Q4 2013 and whole year 2013 earnings on 29th Jan(USA Time).
Expects qrtrly dividend of 50 cents in year 2014.. But, Not sure abt special dividend ,
as LVS may use present good cashflow for expansion in potential countries like JPN, S.Korea, Vietnam, Taiwan ..etc
should it got legalize gaming license.

Sister company, Sands Chn (1928.HK) announced interim dividend and special dividend recently.
mikehwy
post Jan 28 2014, 10:38 PM

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will it hit 436 as of jun 2013?? damn!

yok70
post Jan 28 2014, 11:05 PM

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QUOTE(mikehwy @ Jan 28 2014, 10:38 PM)
will it hit 436 as of jun 2013?? damn!
*
that would be nice, then i can buy more at low price. brows.gif
bfoot
post Jan 28 2014, 11:20 PM

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QUOTE(mikehwy @ Jan 28 2014, 10:26 PM)
aapl -39? 511 now. omg breaking 500 v soon.
*
Did you expect to see a big gain? I didn't. In fact, I think we have seen the high of AAPL back in 2012. Their markets have been attacked by competitors. Iphone's market share may likely fall to single digit by end of this year. Ipad may go down to 15-20% end of this year. Ipod is done. Mac .... I think the sales of Mac is a function of sales of iphone/ipad. How about iwatch .... how many people are wearing watches? How about itv? TV market is very competitive, I wouldn't want to spend $0.01 extra to have apple logo in front of the TV. How about 5" iphone? That may work but it depends on the pricing. They can't be continue having a high premium on their products. I think the only market keeping iphone alive is USA. Iphone is way too small. I kept saying iphone is designed for kids and women's hands. When I see a big guy holding an iphone, it is like seeing a big guy wearing 2-sized smaller t-shirt.

You may ask ... why don't I short it? I'm too chicken. It is too much risk given the rewards. Not my taste.
danmooncake
post Jan 28 2014, 11:22 PM

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QUOTE(mikehwy @ Jan 28 2014, 10:38 PM)
will it hit 436 as of jun 2013?? damn!
*
Support will come in strong at 470- 480 (200ma) level.
Be patient.. if market continues correction, it may happen.
mikehwy
post Jan 28 2014, 11:32 PM

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QUOTE(bfoot @ Jan 28 2014, 11:20 PM)
Did you expect to see a big gain?  I didn't.  In fact, I think we have seen the high of AAPL back in 2012.  Their markets have been attacked by competitors.  Iphone's market share may likely fall to single digit by end of this year.  Ipad may go down to 15-20% end of this year.  Ipod is done.  Mac .... I think the sales of Mac is a function of sales of iphone/ipad.  How about iwatch .... how many people are wearing watches?  How about itv?  TV market is very competitive, I wouldn't want to spend $0.01 extra to have apple logo in front of the TV.  How about 5" iphone?  That may work but it depends on the pricing.  They can't be continue having a high premium on their products.  I think the only market keeping iphone alive is USA.  Iphone is way too small.  I kept saying iphone is designed for kids and women's hands.  When I see a big guy holding an iphone, it is like seeing a big guy wearing 2-sized smaller t-shirt. 

You may ask ... why don't I short it?  I'm too chicken.  It is too much risk given the rewards.  Not my taste.
*
yes sir. i kind of agree with your view of apply products. i really perceive that its iphone soon be history (sales missed the target today) and only its ipad is keeping it as at today. i had used iphone up to series 4s and now i am usong others as i am not willing to pay so much more for a little 'humble' phone (actually i am a phone maniac/enthusiast and a collector).

happy trading pal.


mikehwy
post Jan 28 2014, 11:34 PM

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QUOTE(danmooncake @ Jan 28 2014, 11:22 PM)
Support will come in strong at 470- 480 (200ma) level.
Be patient.. if market continues correction, it may happen.
*
yeah. i remembered last time i got a call in the middle of a night and my friend simply yelled at me and said "buy aapl' now, its 494 !!!
well, lets see how the market goes. nasdaq is recovering from the apple shock at the moment ....

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post Jan 28 2014, 11:45 PM

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QUOTE(mikehwy @ Jan 28 2014, 11:32 PM)
yes sir. i kind of agree with your view of apply products. i really perceive that its iphone soon be history (sales missed the target today) and only its ipad is keeping it as at today. i had used iphone up to series 4s and now i am usong others as i am not willing to pay so much more for a little 'humble' phone (actually i am a phone maniac/enthusiast and a collector).

happy trading pal.
*
Don't get me wrong though. AAPL as a company will continue doing well for the years to come. However, we are not likely to see the explosive growth in this company ever again. It is too big. The company will continue milking billions of dollars for the years to come. Just like microsoft .... but I like microsoft better because it is a more diversified company.

I didn't like rim/blackberry because it is a one product company. I don't like AAPL, because, no matter how you slice it, it is still a one product company. Sure enough it has iphone, ipad, ipod, ipod mini -- they are just iphone in different sizes. itunes -- I read their financial report years ago, it only contributed a small percentage to their bottom line. The majority of their bread and butter is coming from iphone (and all the different sizes of it -- including ipad, etc). I don't like one product company.


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QUOTE(mikehwy @ Jan 28 2014, 11:32 PM)
yes sir. i kind of agree with your view of apply products. i really perceive that its iphone soon be history (sales missed the target today) and only its ipad is keeping it as at today. i had used iphone up to series 4s and now i am usong others as i am not willing to pay so much more for a little 'humble' phone (actually i am a phone maniac/enthusiast and a collector).

happy trading pal.
*
What?... you mean the kewl factor for AAPL is no longer there?? Then, I must sell sell sell laugh.gif laugh.gif

Joke aside, imo AAPL stock price is actually divorced itself from the fundamentals. The fundamental story for AAPL remains intact, it is a good company making tons of money but because there are so many ppl owning this company, the expectation is really high. Any kind of less than stellar earning news, it will be punished. That's why, it is very frustrating for longs holder.

I'm just going to trade this thing and follow the price action.

This post has been edited by danmooncake: Jan 28 2014, 11:51 PM
yok70
post Jan 28 2014, 11:57 PM

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QUOTE(danmooncake @ Jan 28 2014, 11:50 PM)
What?... you mean the kewl factor for AAPL is no longer there?? Then, I must sell sell sell  laugh.gif  laugh.gif

Joke aside, imo AAPL stock price is actually divorced itself from the fundamentals. The fundamental story for AAPL remains intact, it is a good company making tons of money but because there are so many ppl owning this company, the expectation is really high. Any kind of less than stellar earning news, it will be punished.  That's why, it is very frustrating for longs holder.

I'm just going to trade this thing and follow the price action.
*
Exactly as I expected actually, sometimes I think I'm kind of a genius on this. Lots of people gets confused with heavily spreading information and they have no ability to digest. biggrin.gif
So what's your play at this juncture? long or short? i bet short? brows.gif
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QUOTE(yok70 @ Jan 28 2014, 11:57 PM)
Exactly as I expected actually, sometimes I think I'm kind of a genius on this. Lots of people gets confused with heavily spreading information and they have no ability to digest.  biggrin.gif
So what's your play at this juncture? long or short? i bet short?  brows.gif
*
I want to see it dives below $500 for short break out.. but now.. holding pattern. Oh well.

500Kmission
post Jan 29 2014, 12:10 AM

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Which website can see dividend stock in US?
danmooncake
post Jan 29 2014, 12:20 AM

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QUOTE(500Kmission @ Jan 29 2014, 12:10 AM)
Which website can see dividend stock in US?
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Yahoo Finance will show if the stock got dividends or not.
Just enter the ticker, look under Div & Yield: fields.
yok70
post Jan 29 2014, 12:21 AM

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QUOTE(danmooncake @ Jan 29 2014, 12:03 AM)
I want to see it dives below $500 for short break out.. but now.. holding pattern. Oh well.
*
i am thinking if it closed below 500 today, down trend may continue for the next few days. if it closed above 510, then ambiguous sideline trading may be ahead....just a wild guess. unsure.gif
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QUOTE(yok70 @ Jan 29 2014, 12:21 AM)
i am thinking if it closed below 500 today, down trend may continue for the next few days. if it closed above 510, then ambiguous sideline trading may be ahead....just a wild guess.  unsure.gif
*
Yeah.... me too. I got my price alert set and waiting for the $500 trap door.
Let see if can happen or not. brows.gif


500Kmission
post Jan 29 2014, 12:36 AM

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QUOTE(danmooncake @ Jan 29 2014, 12:20 AM)
Yahoo Finance will show if the stock got dividends or not.
Just enter the ticker, look under Div & Yield: fields.
*
I search the link: http://finance.yahoo.com/#, can't find the ticker or Div & yield.

Hope you can give link.
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QUOTE(500Kmission @ Jan 29 2014, 12:36 AM)
I search the link: http://finance.yahoo.com/#, can't find the ticker or Div & yield.

Hope you can give link.
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Example:
http://finance.yahoo.com/q?s=aapl


500Kmission
post Jan 29 2014, 01:28 AM

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QUOTE(danmooncake @ Jan 29 2014, 12:46 AM)
what about top 10 dividend stocks in US?
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QUOTE(500Kmission @ Jan 29 2014, 01:28 AM)
what about top 10 dividend stocks in US?
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<Sigh>.. rolleyes.gif

http://lmgtfy.com/?q=top+ten+dividend+us+stocks




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post Jan 29 2014, 12:10 PM

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QUOTE(500Kmission @ Jan 29 2014, 01:28 AM)
what about top 10 dividend stocks in US?
*
Dividend stocks in US X Currency Exchg Rate = local currency ?
Better yield ? If the stocks in US appreciates by a dollar, hence
1 dollar X currency Exchg Rate = local currency , Higher ROI in long term?
Similar to stocks in US depreciates need to multiple with currency exchg too..

This post has been edited by netmask8: Jan 29 2014, 12:12 PM
rjb123
post Jan 29 2014, 02:52 PM

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QUOTE(ascend @ Jan 28 2014, 08:40 PM)
A number of banks are charging around rm5 or none at all if amount is > rm5000 for foreign demand drafts.. They are making the money from the exchange rate. Today the sell rate from BNM is around 3.34 while banks sell rate is 3.38.
TT while being a bit more expensive (esp the intermediary bank charges) is obviously a lot faster.
*
Hmm I see - I'm holding USD in Maybank so there's no need for RM>USD conversion.

Even though the charges I prefer TT, I think the total came to $36 USD in fees all in
500Kmission
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QUOTE(danmooncake @ Jan 29 2014, 01:55 AM)
Thanks, but I thought you will give me some useful website which you refer the most.
500Kmission
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QUOTE(netmask8 @ Jan 29 2014, 12:10 PM)
Dividend stocks in US  X  Currency Exchg Rate  =  local currency ?
Better yield ?  If the stocks in US appreciates by a dollar, hence
1 dollar X currency Exchg Rate = local currency , Higher ROI in long term?
Similar to stocks in US depreciates need to multiple with currency exchg too..
*
US still have very strong fundamental unlike malaysia government slowly takeover all bluechip company. However, I try to diversify my portfolio with oversea super bluechip stock.
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QUOTE(rjb123 @ Jan 29 2014, 02:52 PM)
Hmm I see - I'm holding USD in Maybank so there's no need for RM>USD conversion.

Even though the charges I prefer TT, I think the total came to $36 USD in fees all in
*
That's a cheap fee for TT from Malaysia to USA.
For USA back to Malaysia, US banks charge around $50-$60.


Anyway, tonight is Fed watch day. Market will opens down despite rate hike by Turkey (OPR 11% shocking.gif ).
Levels to watch: Sp500 1765.. better hold.

This post has been edited by danmooncake: Jan 29 2014, 10:29 PM
rjb123
post Jan 30 2014, 12:59 AM

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QUOTE(danmooncake @ Jan 29 2014, 10:24 PM)
That's a cheap fee for TT from Malaysia to USA.
For USA back to Malaysia, US banks charge around $50-$60.
Anyway, tonight is Fed watch day. Market will opens down despite rate hike by Turkey (OPR 11%  shocking.gif ).
Levels to watch: Sp500 1765.. better hold.
*
$50-$60 seems expensive - I transfer often from HK to Labuan in USD and the receiving charge is only about $15 USD or so, maybe from US is different


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QUOTE(rjb123 @ Jan 30 2014, 12:59 AM)
$50-$60 seems expensive - I transfer often from HK to Labuan in USD and the receiving charge is only about $15 USD or so, maybe from US is different
*
Well, here's the scoop. There should be no charge for RECEIVING side but the sender pays $50 fee to send out.

Therefore, if Malaysia banks only charge US$30 to send out, that's cheaper than the US side to send back into Malaysia.


So, does HK charge cheaper than $30 to send to Labuan? If you get charge for Sending AND Receiving, then, it could add up.

Oh btw. it depends how much you're transmitting, right?
Big amount over 10K - $50 fee is should be reasonable.
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post Jan 30 2014, 01:56 AM

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QUOTE(danmooncake @ Jan 30 2014, 01:46 AM)
Well, here's the scoop. There should be no charge for RECEIVING side but the sender pays $50 fee to send out.

Therefore, if Malaysia banks only charge US$30 to send out, that's cheaper than the US side to send back into Malaysia.
So, does HK charge cheaper than $30 to send to Labuan? If you get charge for Sending AND Receiving, then, it could add up.

Oh btw. it depends how much you're transmitting, right?
Big amount over 10K - $50 fee is should be reasonable.
*
HK Charges $14.60 USD (approximately, it's in HKD and depends on exchange rate) to send

Usually it's a minimum of $10k at least so the fees aren't a major % of the overall payment.

This is always from/to USD accounts so there's no exchange of currencies involved.
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QUOTE(rjb123 @ Jan 30 2014, 01:56 AM)
HK Charges $14.60 USD (approximately, it's in HKD and depends on exchange rate) to send

Usually it's a minimum of $10k at least so the fees aren't a major % of the overall payment.

This is always from/to USD accounts so there's no exchange of currencies involved.
*
That's good deal..

Now, at the Labuan bank, they don't require you to change it back to local MYR currency? You can keep it in USD?
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post Jan 30 2014, 02:07 AM

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QUOTE(danmooncake @ Jan 30 2014, 02:03 AM)
That's good deal..

Now, at the Labuan bank, they don't require you to change it back to local MYR currency? You can keep it in USD?
*
Labuan Maybank is USD account, can hold in USD - they only charge a $4 for receiving (apart from what's taken by the intermediary banK)

From there I transfer to Maybank MYR/USD account the charge is $4 USD and no receiving charges to either (but of course, exchange rate applies of transferring to MYR acc)
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QUOTE(rjb123 @ Jan 30 2014, 02:07 AM)
Labuan Maybank is USD account, can hold in USD - they only charge a $4 for receiving (apart from what's taken by the intermediary banK)

From there I transfer to Maybank MYR/USD account the charge is $4 USD and no receiving charges to either (but of course, exchange rate applies of transferring to MYR acc)
*
Sounds good.

Have you found any where to transfer from USA to HK or USA to MYR cheaper than $50?

Let me know, I'll be real interested. brows.gif

This post has been edited by danmooncake: Jan 30 2014, 02:12 AM
rjb123
post Jan 30 2014, 02:15 AM

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QUOTE(danmooncake @ Jan 30 2014, 02:12 AM)
Sounds good.

Have you found any where to transfer from USA to HK or USA to MYR cheaper than $50?

Let me know, I'll be real interested.  brows.gif
*
From past experience dealing with US companies, the wire fees there are always quite expensive.

The only way I can think of is signing up to a HSBC Premier account in USA and aHSBC Premier USD account in Malaysia.

That way you should be able to withdraw to the HSBC USD account and transfer to Malaysia or HK without any fees. But this requires a RM200K deposit with HSBC in Malaysia (or HKD 1million in HK!)

Maybe transferring from US to a Maybank USD account rather than MYR will result in less charges?

Charges can vary a fair bit - I transferred from Labuan to IOM , UK and was charged $25 in IOM, $4 + $8.12 in Labuan. Another time I transferred from UK to UK and was charged over $100 USD rclxub.gif

This post has been edited by rjb123: Jan 30 2014, 02:25 AM
yok70
post Jan 30 2014, 02:18 AM

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come on, the bear is so hesitating where the bull is so stubborn! tongue.gif
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post Jan 30 2014, 02:24 AM

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QUOTE(yok70 @ Jan 30 2014, 02:18 AM)
come on, the bear is so hesitating where the bull is so stubborn!  tongue.gif
*
Eyes on Fed..

That's a lot of fear already in the market. Bears are ready to pounce.

I can imagine what would happen if Fed suddenly stops buying instead of tapering $10bln off, and then begin
to tighten money by raising interest rate. brows.gif

Without the Fed, market will probably tank 50%, back to its fair value. SP500 @ 1000, Dow at 10000 laugh.gif

This post has been edited by danmooncake: Jan 30 2014, 02:25 AM
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QUOTE(rjb123 @ Jan 30 2014, 02:15 AM)
From past experience dealing with US companies, the wire fees there are always quite expensive.

The only way I can think of is signing up to a HSBC Premier account in USA and aHSBC  Premier USD account in Malaysia.

That way you should be able to withdraw to the HSBC USD account and transfer to Malaysia or HK without any fees. But this requires a RM200K deposit with HSBC in Malaysia (or HKD 1million in HK!)

Maybe transferring from US to a Maybank USD account rather than MYR will result in less charges?

Charges can vary a fair bit - I transferred from Labuan to IOM , UK and was charged $25 in IOM, $4 + $8.12 in Labuan. Another time I transferred from UK to UK and was charged over $100 USD  rclxub.gif
*
Well, I got HSBC Personal in USA and one in Singapore but heck, they still charge me $35 for the transfer.
But, I haven't not check out their Premier account.

I guess the banks want their fees no matter what. doh.gif

Maybe one day BitCoin will be adopted en masse to bypass these banks! laugh.gif
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post Jan 30 2014, 03:12 AM

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QUOTE(danmooncake @ Jan 30 2014, 02:55 AM)
Well, I got HSBC Personal in USA and one in Singapore but heck, they still charge me $35 for the transfer.
But, I haven't not check out their Premier account.

I guess the banks want their fees no matter what.  doh.gif

Maybe one day BitCoin will be adopted en masse to bypass these banks!  laugh.gif
*
If you have a Premier account, transfers between all accounts are instant and free of charge

If you can meet the minimum balance in any country, you automatically become eligible for Premier status in all countries
yok70
post Jan 30 2014, 03:20 AM

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QUOTE(danmooncake @ Jan 30 2014, 02:24 AM)
Eyes on Fed..

That's a lot of fear already in the market. Bears are ready to pounce.

I can imagine what would happen if Fed suddenly stops buying instead of tapering $10bln off, and then begin
to tighten money by raising interest rate.  brows.gif

Without the Fed, market will probably tank 50%, back to its fair value. SP500 @ 1000, Dow at 10000  laugh.gif
*
I guess the slowly 10b reduce per meeting can be expected if economy continues slowly recover like it did recently. Fed has no gut to cut sharply as to be blamed and cursed by the world if they did. As bond yield has already up to reflect the QE reducing situation, a mild rate hike (although many think that it will be unlikely to happen this year or even next year) may not be as deadly as it might be. biggrin.gif
yok70
post Jan 30 2014, 03:23 AM

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oh...KO hit my alert price....buy kah tak buy?.....what you think? hmm.gif
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QUOTE(yok70 @ Jan 30 2014, 03:23 AM)
oh...KO hit my alert price....buy kah tak buy?.....what you think?  hmm.gif
*
I don't know about KO fundamentals but the chart is ugly.
You may want to wait unless you're hoping for a quick bounce play? hmm.gif
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post Jan 30 2014, 03:41 AM

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QUOTE(yok70 @ Jan 30 2014, 03:20 AM)
I guess the slowly 10b reduce per meeting can be expected if economy continues slowly recover like it did recently. Fed has no gut to cut sharply as to be blamed and cursed by the world if they did. As bond yield has already up to reflect the QE reducing situation, a mild rate hike (although many think that it will be unlikely to happen this year or even next year) may not be as deadly as it might be.  biggrin.gif
*
You know.. $65bln/month of money printing still a lot. The wall street crooks may think not enough, but since 2008 recession, the Fed already pumped around $3T to the market.

At some point in time, the patient needs to get off the drugs.. and recover on his/her own. nod.gif




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post Jan 30 2014, 03:59 AM

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QUOTE(danmooncake @ Jan 30 2014, 03:37 AM)
I don't know about KO fundamentals but the chart is ugly.
You may want to wait unless you're hoping for a quick bounce play?  hmm.gif
*
no rush on this one, unless it goes really cheap. since i still do not feel comfortable of the business with 70% revenue coming from soft drinks. Although, the growing middle class in emerging economies will need to take at least 5 years and above to follow advance economies that reducing in consuming soft drinks. If the number reach 50%, I'd be much more optimistic on it. hmm.gif
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post Jan 30 2014, 04:41 AM

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1750 coming... brows.gif
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QUOTE(yok70 @ Jan 30 2014, 04:41 AM)
1750 coming... brows.gif
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1650 is my price... brows.gif
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post Jan 30 2014, 05:22 AM

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QUOTE(danmooncake @ Jan 30 2014, 04:55 AM)
1650 is my price...  brows.gif
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wow.... drool.gif
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post Jan 30 2014, 05:47 AM

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QUOTE(yok70 @ Jan 30 2014, 05:22 AM)
wow.... drool.gif
*
Don't hold your breath.. I mean, that's what I like to see for better pull back and PE compression after
the taper set in and the Emerging market sells off.

Downside to 1650 (or 1550 worst case scenario) is actually healthy!

I think US economy will slowly resume back to normal if the Fed gets out of the way of manipulating the market.

The market gains 25% last year.. but revenue grew 7%, you know that means market got ahead of itself.
So, must give 10%~15% back for normalization. brows.gif


After hours earnings report:

LVS missed earnings, shares tanked AH. (boo! shakehead.gif )
EPS: 0.72 vs 0.85
Revenue: 3.66 bln vs 3.71 bln

FB surpassed expectations, shares surged AH. rclxm9.gif
EPS: 0.31 vs 0.27
Revenue: 2.59 bln vs. 2.35 bln





This post has been edited by danmooncake: Jan 30 2014, 06:03 AM
jerrychoo2004
post Jan 30 2014, 09:12 AM

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Chantek la....tonight should see fb at 60 liao
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DJIA Year to Date = ( - 5.05% ) , S n P 500 Year to Date = ( -4.01 )
and Nasdaq Year to Date = ( - 3% ) . VIX = 17.35 ( slightly bullish, not in fear mode index)

Get ready yr Ang Pow (Lai See) 1st.. IMHO, not yet reach bargain 40-50% discount per 2013 high..

To Chinese LYN trader/investors/etc here, HAPPY CHINESE NEW YEAR 2014.. MAY year of
WOODEN HORSE brings good health, wealth and prosperity to you and your family. nod.gif
To other, Have a great festive holiday ahead. laugh.gif

Hope that ALL LYN Members fatt fatt huat huat from stock market .. thumbup.gif
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post Jan 30 2014, 10:23 PM

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To all dearest punters,
Happy Chinese Year / Holidays.
May the new year brings the best of predictions.
...well, tonight SURE go up la ??
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post Jan 30 2014, 10:49 PM

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Happy CNY!

GDP report is good, UE is slightly bad. So market up.
Nothing for me tonight, just waiting here for Friday evening and see how it goes.

I still think we will go down another level before settling in.

Still too high of valuation. PE needs to be 11/12 for it to be cheap again. laugh.gif



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post Jan 31 2014, 01:37 AM

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happy CNY to all US kaki!
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post Jan 31 2014, 03:20 AM

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QUOTE(danmooncake @ Jan 30 2014, 10:49 PM)
Happy CNY!

GDP report is good, UE is slightly bad. So market up.
Nothing for me tonight, just waiting here for Friday evening and see how it goes.

I still think we will go down another level before settling in.

Still too high of valuation. PE needs to be 11/12 for it to be cheap again.  laugh.gif
*
Thanks man and Happy CNY to everyone!! rclxm9.gif
bfoot
post Jan 31 2014, 03:58 AM

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QUOTE(danmooncake @ Jan 30 2014, 03:41 AM)
You know.. $65bln/month of money printing still a lot. The wall street crooks may think not enough, but since 2008 recession, the Fed already pumped around $3T to the market.

At some point in time, the patient needs to get off the drugs.. and recover on his/her own.  nod.gif
*
It is the quantitative easing that is pumping the asset bubbles outside of USA. I *think* the first few things will happen when the fed stops the quantitative easing, the bubbles will burst -- slowly depends on the asset class. Financial markets are most liquid, it will go first. It will get to real estate eventually. If you think your million dollar properties can continue going up in price, think again.

Once Fed starts to raise interest rates, it will be ugly I think. I don't think it will happen that soon -- the earliest is likely end of 2014. Likely mid to end of 2015. Liquidity will disappear in emerging markets quickly unless interest rate is raised. If central bank decides to raise interest rates, all in the sudden your cheap loans are more expensive to service. Real estate price will come down. I don't think this will happen overtime -- but slowly.

I have to admit that I'm biased against real estate. I witnessed what happened to my dad during the financial crisis in 97/98. At one point he has over 20 properties. He kept buying. He once told me if anything happens, he could sell a few properties to pay off all the loans if need to. When the crisis hit, he waited a few months and then started trying to sell a few properties. Nothing was moving at that time. He couldn't sell but at the same time he couldn't afford to service the debts. Banks are forcing the sales at super discount. Selling a few are not enough to pay back all the properties he owned. Eventually we lost ALL. Sorry for the grim story on CNY.

Happy CNY.
danmooncake
post Jan 31 2014, 04:32 AM

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QUOTE(bfoot @ Jan 31 2014, 03:58 AM)
It is the quantitative easing that is pumping the asset bubbles outside of USA.  I *think* the first few things will happen when the fed stops the quantitative easing, the bubbles will burst -- slowly depends on the asset class.  Financial markets are most liquid, it will go first.  It will get to real estate eventually.  If you think your million dollar properties can continue going up in price, think again. 

Once Fed starts to raise interest rates, it will be ugly I think.  I don't think it will happen that soon -- the earliest is likely end of 2014.  Likely mid to end of 2015.  Liquidity will disappear in emerging markets quickly unless interest rate is raised.  If central bank decides to raise interest rates, all in the sudden your cheap loans are more expensive to service.  Real estate price will come down.  I don't think this will happen overtime -- but slowly.   

I have to admit that I'm biased against real estate.  I witnessed what happened to my dad during the financial crisis in 97/98.  At one point he has over 20 properties.  He kept buying.  He once told me if anything happens, he could sell a few properties to pay off all the loans if need to.  When the crisis hit, he waited a few months and then started trying to sell a few properties.  Nothing was moving at that time.  He couldn't sell but at the same time he couldn't afford to service the debts.  Banks are forcing the sales at super discount.  Selling a few are not enough to pay back all the properties he owned.  Eventually we lost ALL.  Sorry for the grim story on CNY. 

Happy CNY.
*
Thanks for sharing. 97/98 asia financial crisis? Don't remind me.. I was there working at forex desk, saw Ringgit dive to 2.50 to 4.5..Golly. doh.gif

This is a grimm reminder to us that better not over leverage. I think this is unfortunately what is happening now in Malaysia. Property prices are soaring since the last 3-4 years and it is still going up as if it is the last piece of property that they will ever build.

It will be really interesting to see how it will eventually come crashing back down to earth. When it hits, real estates price can come down pretty hard because no wants to buy and the loan payment have to continue - no matter what. The banks do not care..they just want their money back. nod.gif


mikehwy
post Jan 31 2014, 11:06 AM

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yes. 1997/8 were the most 'memorable' periods of punting.
many absconded without paying, running away from bank loans, thinking ways to commit suicide ... and i ws one of them. sigh. then came the tech bubbles to put a nail on the coffins in 2000. damn!

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post Jan 31 2014, 01:02 PM

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QUOTE(mikehwy @ Jan 31 2014, 11:06 AM)
yes. 1997/8 were the most 'memorable' periods of punting.
many absconded without paying, running away from bank loans, thinking ways to commit suicide ... and i ws one of them. sigh. then came the tech bubbles to put a nail on the coffins in 2000. damn!
*
Dow looking good last night. Lets hope it continues to gallop till bursa reopens next tuesday.
mikehwy
post Jan 31 2014, 08:27 PM

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futures looking real bad....-130+
buy apple la?
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QUOTE(mikehwy @ Jan 31 2014, 08:27 PM)
futures looking real bad....-130+
buy apple la?
*
Good, but wake me up when we get to SP500 1725. yawn.gif
yok70
post Feb 4 2014, 01:29 AM

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it's coming...1755.... brows.gif
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post Feb 4 2014, 01:58 AM

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QUOTE(yok70 @ Feb 4 2014, 01:29 AM)
it's coming...1755.... brows.gif
*
Yawn.. I'm still taking holiday mood here.. yawn.gif

Hopefully, tomorrow HKSE opens, they get a big scare and another run down,
cause futures to sell off again, we'll go to 1725 when US market opens again for Tues evening.

I got guns powder ready to fire if 1725 comes in. tongue.gif
yok70
post Feb 4 2014, 09:58 PM

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oh boy, futures green.
fake green? hmm.gif
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post Feb 4 2014, 11:05 PM

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QUOTE(yok70 @ Feb 4 2014, 09:58 PM)
oh boy, futures green.
fake green?  hmm.gif
*
Could be.. I think it's going to stay around here until Friday jobs report.

Decided to take a bite and get into AAPL trade again. Sold 495 PUTs. $500 looks like a good floor for it even with the market selling off, AAPL holding here.
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post Feb 4 2014, 11:17 PM

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QUOTE(danmooncake @ Feb 4 2014, 11:05 PM)
Could be.. I think it's going to stay around here until Friday jobs report.

Decided to take a bite and get into AAPL trade again. Sold 495 PUTs. $500 looks like a good floor for it even with the market selling off, AAPL holding here.
*
ya, the 500 support is damn strong. now they talk again the apple tv thing...sounded pretty good via services instead of just a boring hardware. brilliant. however, i'm still looking forward to your 1725 ground... biggrin.gif



This post has been edited by yok70: Feb 4 2014, 11:18 PM
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post Feb 4 2014, 11:42 PM

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QUOTE(yok70 @ Feb 4 2014, 11:17 PM)
ya, the 500 support is damn strong. now they talk again the apple tv thing...sounded pretty good via services instead of just a boring hardware. brilliant. however, i'm still looking forward to your 1725 ground... biggrin.gif
*
Let see how Friday goes.. if Friday job numbers aren't good, we may get down to 1725 pretty quick but tonight, the shorts have to cover some, therefore we're higher and green but I don't expect it can reclaim back 1765-1770 (prior support, now resistance) tonight.


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post Feb 5 2014, 04:31 PM

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poor reviews on the global and asian markets. will there be a dropping bomb comes friday's non farm payroll report?
i am clearing some stuffs now ...
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QUOTE(mikehwy @ Feb 5 2014, 04:31 PM)
poor reviews on the global and asian markets. will there be a dropping bomb comes friday's non farm payroll report?
i am clearing some stuffs now ...
*
Yes, Friday number is important. If bad, we'll likely see another leg down.

So far we got:

Mon evening: Big Red day
Tue evening: small bounce, green - short covering
Wed evening: Will open red (but ADP numbers slightly better than expected)

Thu evening: red/green?
Fri: This one is important here..

The floor for SP500 at 1740 must hold by Friday otherwise.. whoosh!
mikehwy
post Feb 5 2014, 10:58 PM

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serms like your sp 1725 a high possibility? just another 1-2% drop will be there.
the first hour saw volatile index at dows. it turns rednd green within minutes, by over 40 point. wow ...

This post has been edited by mikehwy: Feb 6 2014, 05:23 PM
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QUOTE(mikehwy @ Feb 5 2014, 10:58 PM)
serms like your sp 1725 a high possibility? just another 1-2% drop will be there.
the first houtbsaw volatile index at dows. it turns rednd green within minutes, by over 40 point. wow ...
*
Trading is going to choppy during these time.

1725 would be the initial target but not guarantee (daily)

On the (40) weekly, 1700 would be the support (the big funds will step in and buy here).
We're still at around 5% correction only.

If you're holding long stocks higher than here, just hold 'em or
sell your covered calls to reduce your average price..



yok70
post Feb 6 2014, 04:03 PM

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QUOTE(danmooncake @ Feb 6 2014, 12:46 AM)
Trading is going to choppy during these time.

1725 would be the initial target but not guarantee (daily)

On the (40) weekly, 1700 would be the support (the big funds will step in and buy here).
We're still at around 5% correction only.

If you're holding long stocks higher than here, just hold 'em or
sell your covered calls to reduce your average price..
*
HK market also similar graph, it seems another -5% to get into the strong support area. laugh.gif
mikehwy
post Feb 6 2014, 05:25 PM

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QUOTE(danmooncake @ Feb 6 2014, 12:46 AM)
Trading is going to choppy during these time.

1725 would be the initial target but not guarantee (daily)

On the (40) weekly, 1700 would be the support (the big funds will step in and buy here).
We're still at around 5% correction only.

If you're holding long stocks higher than here, just hold 'em or
sell your covered calls to reduce your average price..
*
nah. no money to lose. so dangerous better wait a bit while holding my breathe ...heh heh

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post Feb 6 2014, 10:44 PM

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It wants to rally back up... market trying to find a reason, initial claims are good.

SP500 1765-1770 resistance area.
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post Feb 7 2014, 09:19 AM

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SP500 - 1773 - close above the resistance.

Wow.. what a surprise. I guess nobody wants to get short before Friday report.
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post Feb 7 2014, 09:49 AM

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Don.t u think the numbers are pretty ok despite the severe storms ? ......

Or the storms can actually derail US economy to a recession aka slow economy ?
jerrychoo2004
post Feb 7 2014, 10:08 AM

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let the market rally for another few weeks!!!! HUAT AH!!!
mikehwy
post Feb 7 2014, 12:01 PM

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i think tonite US employment data is good. shd b good as seen in yday ecb and boe decision to hold the rates. v low and stable inflation in europe. all these r good indications at least for the weeks to come. am i right?

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QUOTE(mikehwy @ Feb 7 2014, 12:01 PM)
i think tonite US employment data is good. shd b good as seen in yday ecb and boe decision to hold the rates. v low and stable inflation in europe. all these r good indications at least for the weeks to come. am i right?
*
With the reasonable inflation, near zero interest rate(no OPR hike) and continuation of QE till Q1/Q2 2015,
I believed the bull market will remain in the lead with consumer confidence/housing/employment/construction/
manufacturing/purchasing/GDP/jobless claims ..etc indicators getting better and better.. For me,
any discount above 7% in stock price will be a good bargain hunting .. CLSA Feng Shui 2014
mikehwy
post Feb 7 2014, 05:08 PM

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wow. using feng shui also for market 'analysis'
giving us a wider perspective right? yes, me too waiting for post cny discount..i always bring along my wallet to gambling halls...lol

This post has been edited by mikehwy: Feb 7 2014, 05:10 PM
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post Feb 7 2014, 09:45 PM

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Opps.. the job numbers came in less than expected.

Nonfarm - 113k vs 181k
UE rate: 6.6 vs 6.7
Priv Payrolls: 142k vs 182k

Dow futures immediately dropped 100 pts from earlier positive numbers.

QUOTE(SKY 1809 @ Feb 7 2014, 09:49 AM)
Don.t u think the numbers are pretty ok despite the severe storms ? ......

Or the storms can actually derail US economy to a recession  aka slow economy ?
*
Of course, they'll blame it on the weather.
mikehwy
post Feb 7 2014, 10:21 PM

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weather and below forecast ..means no immediate tapering !
future looks green now. quite green.

This post has been edited by mikehwy: Feb 7 2014, 10:22 PM
danmooncake
post Feb 8 2014, 03:50 AM

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QUOTE(mikehwy @ Feb 7 2014, 10:21 PM)
weather and below forecast ..means no immediate tapering !
future looks green now. quite green.
*
Mu haha... so right.. bad news for economy is good news for market.

The market is addicted to QE.. laugh.gif
500Kmission
post Feb 8 2014, 08:30 PM

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Sifu, do you know SOX standard make a lot of foreign investor stop invest in US?
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QUOTE(500Kmission @ Feb 8 2014, 08:30 PM)
Sifu, do you know SOX standard make a lot of foreign investor stop invest in US?
*
Really? Give some examples..why a lot of "foreign" investor stop invest in US?

AFAIK, SOX is applied to only public listed companies.


500Kmission
post Feb 9 2014, 01:25 PM

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QUOTE(danmooncake @ Feb 9 2014, 12:22 PM)
Really? Give some examples..why a lot of "foreign" investor stop invest in US?

AFAIK, SOX is applied to only public listed companies.
*
SOX require external auditor to evaluate internal control of every company which cost a lot of money need to pay by company. Thus, it reduce profit of company.
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post Feb 9 2014, 01:43 PM

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as far as i know the sarbanes oxley act applies to all plc in the US disregards to the country of origin. when it was first enacted many analysts claimed that it discouraged ipos as evident in the reducing number of new ipos in the US and growing number in europe.. i cant remember the year but there were data to substantiate the claim.
imho...ho only la, these investors (pls) will flock back to our beloved uncle sam venue as itnis the largest ' land of opportunity'

i remember now...after the enron corp scandal rhen the satyam case the sox was made more stringent...

This post has been edited by mikehwy: Feb 9 2014, 02:20 PM
mikehwy
post Feb 9 2014, 01:46 PM

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QUOTE(danmooncake @ Feb 8 2014, 03:50 AM)
Mu haha... so right.. bad news for economy is good news for market. 

The market is addicted to QE..  laugh.gif
*
wa wa....good economy good income for some, like me la.
but honestly i see dark clouds in the sky....just wonder when will it rains...don play play
danmooncake
post Feb 9 2014, 09:24 PM

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QUOTE(500Kmission @ Feb 9 2014, 01:25 PM)
SOX require external auditor to evaluate internal control of every company which cost a lot of money need to pay by company. Thus, it reduce profit of company.
*
That is actually a GOOD thing and it didn't actually stop investors. Infact, US based investors are encouraged by SOX complaint companies. Again, only Public Listed Companies!

The only type of companies are the entirely put off by SOX are those crooks and fraudulent companies which are scare of being audited because they got something to hide.

Mikehwy is correct, this came about after Enron and Worldcom case because they inflated their books with various accounting tricks.

Again, it did NOT stop people from investing in US but it did slow those CROOKs and pirate ships from cheating investors money.

Nowadays, there were some of the so called China based companies who got delisted by US exchanges (Nasdaq/NYSE) because they have fail in their proper accounting controls and cheated many investors money. Some of them have to restate their incomes because they used accounting tricks that does not conform to GAAP or US standards.



This post has been edited by danmooncake: Feb 9 2014, 09:35 PM
500Kmission
post Feb 9 2014, 11:42 PM

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QUOTE(danmooncake @ Feb 9 2014, 09:24 PM)
That is actually a GOOD thing and it didn't actually stop investors. Infact, US based investors are encouraged by SOX complaint companies.  Again, only Public Listed Companies!

The only type of companies are the entirely put off by SOX are those crooks and fraudulent  companies which are scare of being audited because they got something to hide.

Mikehwy is correct, this came about after Enron and Worldcom case because they inflated their books with various accounting tricks.

Again, it did NOT stop people from investing in US but it did slow those CROOKs and pirate ships from cheating investors money.

Nowadays, there were some of the so called China based companies who got delisted by US exchanges (Nasdaq/NYSE) because they have fail in their proper accounting controls and cheated many investors money. Some of them have to restate their incomes because they used accounting tricks that does not conform to GAAP or US standards.
*
Yes for investor protection, but No for investor profit, especially for those mid-capital company. However, US standard is different to Malaysia and UK, not so sure how well the investor protection work.


vincentxiang
post Feb 10 2014, 12:15 AM

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QUOTE(danmooncake @ Feb 9 2014, 09:24 PM)
That is actually a GOOD thing and it didn't actually stop investors. Infact, US based investors are encouraged by SOX complaint companies.  Again, only Public Listed Companies!

The only type of companies are the entirely put off by SOX are those crooks and fraudulent  companies which are scare of being audited because they got something to hide.

Mikehwy is correct, this came about after Enron and Worldcom case because they inflated their books with various accounting tricks.

Again, it did NOT stop people from investing in US but it did slow those CROOKs and pirate ships from cheating investors money.

Nowadays, there were some of the so called China based companies who got delisted by US exchanges (Nasdaq/NYSE) because they have fail in their proper accounting controls and cheated many investors money. Some of them have to restate their incomes because they used accounting tricks that does not conform to GAAP or US standards.
*
QUOTE(500Kmission @ Feb 9 2014, 11:42 PM)
Yes for investor protection, but No for investor profit, especially for those mid-capital company. However, US standard is different to Malaysia and UK, not so sure how well the investor protection work.
*
Why it is NO for investor profit? The purpose of the established bill is to protect investor against manipulation of management from company to cheat investor's money. Pertaining to do invest in the US, your should well prepare to understand GAAP, ie how US system evaluate whether company make profit. It is just like when you play game monopoly, you are playing it while follow rule. Hope my little piece of advice would benefit you in investing US biggrin.gif

This post has been edited by vincentxiang: Feb 10 2014, 12:17 AM
danmooncake
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QUOTE(500Kmission @ Feb 9 2014, 11:42 PM)
Yes for investor protection, but No for investor profit, especially for those mid-capital company. However, US standard is different to Malaysia and UK, not so sure how well the investor protection work.
*
I'm confused by what you mean by Investor protection or investor profit. rclxub.gif
In business, there is no guarantee it will make profit. Whether the company makes money (Profit or Loss) is another matter.

QUOTE(vincentxiang @ Feb 10 2014, 12:15 AM)
Why it is NO for investor profit? The purpose of the established bill is to protect investor against manipulation of management from company to cheat investor's money. Pertaining to do invest in the US, your should well prepare to understand GAAP, ie how US system evaluate whether company make profit. It is just like when you play game monopoly, you are playing it while follow rule. Hope my little piece of advice would benefit you in investing US  biggrin.gif
*
Vincentxiang is spot on. The SOX law is to prevent and discourage unscrupulous public company from making false statement and do due diligence when reporting their income statement and just make sure they follow established accounting standards. They must report their accounting accurately (it doesn't matter they make or lose money).

This post has been edited by danmooncake: Feb 10 2014, 12:37 AM
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QUOTE(mikehwy @ Feb 9 2014, 01:46 PM)
wa wa....good economy good income for some, like me la.
but honestly i see dark clouds in the sky....just wonder when will it rains...don play play
*
I think it may want to rain next week... all about different levels here.

All eyes on Yellen.. taper or no taper. If signs of continued taper.. growl.... bears will come out and play. brows.gif
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post Feb 10 2014, 02:21 PM

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QUOTE(danmooncake @ Feb 10 2014, 12:40 AM)
I think it may want to rain next week... all about different levels here.

All eyes on Yellen..  taper or no taper.  If signs of continued taper.. growl.... bears will come out and play.  brows.gif
*
ah, wait a bit. let me make usd10 for my new twtr before yellen shouts QE QE QE ....another usd7 i will run, i mean sell lor.

Mercy Shadows
post Feb 11 2014, 01:55 AM

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QUOTE(danmooncake @ Feb 10 2014, 12:40 AM)
I think it may want to rain next week... all about different levels here.

All eyes on Yellen..  taper or no taper.  If signs of continued taper.. growl.... bears will come out and play.  brows.gif
*
When are the dates that one should look out for?

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QUOTE(Mercy Shadows @ Feb 11 2014, 01:55 AM)
When are the dates that one should look out for?
*
Yellen scheduled to speak Tues and Thurs (US time). She's going to talk about outlook and monetary policy.

The big one (debt ceiling) is on Feb 27th. Last chance for bears to rampage this market. brows.gif
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post Feb 11 2014, 06:43 AM

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weak bear bear so far.... laugh.gif
mikehwy
post Feb 11 2014, 05:02 PM

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'their' future is looking good ... +70.
maybe yellen will wait till 27 only to crumble the ceiling?
still seeing dark clouds and just checked, my wallet still have dole for the rainy days.
we wait ya?

This post has been edited by mikehwy: Feb 11 2014, 05:03 PM
Mercy Shadows
post Feb 11 2014, 08:06 PM

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QUOTE(danmooncake @ Feb 11 2014, 02:25 AM)
Yellen scheduled to speak Tues and Thurs (US time). She's going to talk about outlook and monetary policy.

The big one (debt ceiling) is on Feb 27th. Last chance for bears to rampage this market.  brows.gif
*
Been away from U.S news for awhile,

Will there be a confirmation that there will be results on 27th Feb?
I think there was one time that there was no results during the last announcement which result in a government shutdown, was it?

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QUOTE(Mercy Shadows @ Feb 11 2014, 08:06 PM)
Been away from U.S news for awhile,

Will there be a confirmation that there will be results on 27th Feb?
I think there was one time that there was no results during the last announcement which result in a government shutdown, was it?
*
We don't know but most likely there will be a last minute deal.
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post Feb 11 2014, 11:02 PM

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I prefer to watch Ben leh. He looks powerful and more star-like, watching him is like watching a movie star speaks. This Yellen hor....less attractive. laugh.gif

So tapering intact, low interest rate intact. Market continues as it is = boring market. biggrin.gif

This post has been edited by yok70: Feb 11 2014, 11:09 PM
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post Feb 12 2014, 08:56 AM

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QUOTE(yok70 @ Feb 11 2014, 11:02 PM)
I prefer to watch Ben leh. He looks powerful and more star-like, watching him is like watching a movie star speaks. This Yellen hor....less attractive.  laugh.gif

So tapering intact, low interest rate intact. Market continues as it is = boring market.  biggrin.gif
*
Don't care how Yellen looks... bull mode again.. BUY BUY BUY to make money. drool.gif

This post has been edited by danmooncake: Feb 12 2014, 08:57 AM
jerrychoo2004
post Feb 12 2014, 09:03 AM

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wow my FB touched USD 65 liao ^^
TSnetmask8
post Feb 12 2014, 09:41 AM

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AWESOME !!! rclxm9.gif

Year of Green Horse 2014 brings good prospect ? USA Congress voted and approved GOVT DEBT
CEILING BILL that will last till 15th March 2015..
Expected the bill to be approved in Democratic-party controlled Senate and White House..
Again, Continuation 15 months of BULL market ?? icon_rolleyes.gif

This post has been edited by netmask8: Feb 12 2014, 09:42 AM
mikehwy
post Feb 12 2014, 11:01 AM

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yes, the debt ceiling seems to be raised unconditionally !!! AWESOME !!!

from the internet : -

Like her predecessor, Ms. Yellen indicated the Fed plans to remain data dependent in its decision making and that measured tapering will continue unless economic data takes a turn for the worse. When asked about the impact of the disappointing jobs reports for December and January on the Fed's reaction function, Ms. Yellen said it would be premature to alter policy based on a limited sample size.

In other news from Washington, all signs pointed to the House of Representatives being ready to pass an unconditional bill to raise the debt ceiling, which likely contributed to the market's sunny disposition

As Dan said ... buy buy buy? dare not wor .... wait a bit la.
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QUOTE(mikehwy @ Feb 12 2014, 11:01 AM)
yes, the debt ceiling seems to be raised unconditionally !!! AWESOME !!!

from the internet : -

Like her predecessor, Ms. Yellen indicated the Fed plans to remain data dependent in its decision making and that measured tapering will continue unless economic data takes a turn for the worse. When asked about the impact of the disappointing jobs reports for December and January on the Fed's reaction function, Ms. Yellen said it would be premature to alter policy based on a limited sample size.

In other news from Washington, all signs pointed to the House of Representatives being ready to pass an unconditional bill to raise the debt ceiling, which likely contributed to the market's sunny disposition

As Dan said ... buy buy buy? dare not wor .... wait a bit la.
*
The market rallied up to that 1819 (four days) in a row and broke thru 50ma. So, stay long on the bulls side.
Congrats to those who bought the dips (1740-1760).. now, enjoy your rips!

If you missed the dip, don't worry, it will come again. Just close your eyes and BUY this dips
if you get the chance again (uptrend still intact).



This post has been edited by danmooncake: Feb 12 2014, 12:28 PM
yok70
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QUOTE(jerrychoo2004 @ Feb 12 2014, 09:03 AM)
wow my FB touched USD 65 liao ^^
*
congrats! 100% already? laugh.gif
mikehwy
post Feb 12 2014, 11:43 PM

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hoping my twtr gain another $3 then bye bye .... will it reach around $60?
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post Feb 13 2014, 12:50 AM

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sell on news, love it! icon_idea.gif
jerrychoo2004
post Feb 13 2014, 09:05 AM

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QUOTE(yok70 @ Feb 12 2014, 04:20 PM)
congrats! 100% already?  laugh.gif
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no la...this is my 3rd round in FB and entry price at USD 48 tongue.gif
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QUOTE(yok70 @ Feb 12 2014, 04:20 PM)
congrats! 100% already?  laugh.gif
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FB is darn strong... any pullback will be bought immediately.
This one just stay long until the trend change.


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QUOTE(yok70 @ Feb 13 2014, 12:50 AM)
sell on news, love it!  icon_idea.gif
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Did you buy the dip at open? I did, added more. It's working.
Don't short until we get to new highs. laugh.gif
mikehwy
post Feb 14 2014, 11:24 AM

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QUOTE(danmooncake @ Feb 14 2014, 05:48 AM)
Did you buy the dip at open? I did, added more. It's working.
Don't short until we get to new highs.  laugh.gif
*
alrite, i wait for you people signal to buy the dip dip.
accumulating some bullets.
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post Feb 14 2014, 02:05 PM

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QUOTE(danmooncake @ Feb 14 2014, 05:48 AM)
Did you buy the dip at open? I did, added more. It's working.
Don't short until we get to new highs.  laugh.gif
*
only added some Apple last week at 505 range. I kiasi, so wait for a deeper dip to buy more. laugh.gif
you are looking at new high? that's good to know. brows.gif
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QUOTE(yok70 @ Feb 14 2014, 02:05 PM)
only added some Apple last week at 505 range. I kiasi, so wait for a deeper dip to buy more.  laugh.gif 
you are looking at new high? that's good to know.  brows.gif
*
I think that's what's going to happen. After new high, the market will look for a "reason" to sell or to turn bear.
It can be anything. Then, the crowd will follow and financial news will say "oh it is because of this...." uncertainty.

Hold your bullets and trim your position as it moves towards resistance (1850). Locked in some profits. laugh.gif


jerrychoo2004
post Feb 15 2014, 10:56 PM

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disposed of my FB at 67.....the rest of portfolio still keep biggrin.gif
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post Feb 16 2014, 11:09 PM

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Debt Ceiling Limit issue is off the table till March 2015, as the new legislation came in force. rclxm9.gif
IMHO Add more portfolios should there be any good discount and QE will be continue till Q2 2015.
Near zero interest rate will be continued for long period... Monday market is off for President's day.

This post has been edited by netmask8: Feb 16 2014, 11:10 PM
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QUOTE(netmask8 @ Feb 16 2014, 11:09 PM)
Debt Ceiling Limit issue is off the table till March 2015, as the new legislation came in force.  rclxm9.gif
IMHO Add more portfolios should there be any good discount and QE will be continue till Q2 2015.
Near zero interest rate will be continued for long period... Monday market is off for President's day.
*
All right man, four days trading week tonight. Still up... but I'll be cautious here. nod.gif
yok70
post Feb 19 2014, 03:45 AM

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QUOTE(danmooncake @ Feb 18 2014, 10:19 PM)
All right man, four days trading week tonight.  Still up... but I'll be cautious here.  nod.gif
*
all time high region, quite scary. sweat.gif
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QUOTE(yok70 @ Feb 19 2014, 03:45 AM)
all time high region, quite scary.  sweat.gif
*
Just tip toe here... make sure stops in place. sweat.gif


yok70
post Feb 19 2014, 11:06 PM

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QUOTE(danmooncake @ Feb 19 2014, 04:09 AM)
Just tip toe here... make sure stops in place.  sweat.gif
*
Apple strong resistance at 550. tongue.gif
mikehwy
post Feb 19 2014, 11:37 PM

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dows futures had been low to flat the whole afternoon prior to the opening bell, probably awaiting the fed minutes. an hour into the open things are quite green, except my twtr. yeak.
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QUOTE(mikehwy @ Feb 19 2014, 11:37 PM)
dows futures had been low to flat the whole afternoon prior to the opening bell, probably awaiting the fed minutes. an hour into the open things are quite green, except my twtr. yeak.
*
SP500 back to high again, locked in some of my gains and waiting here a bit with some to trail.

If I get stop out, that's ok.
Now, maybe the bears will come out and play. brows.gif




mikehwy
post Feb 20 2014, 12:07 AM

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bears are trying but it seems the 30-day inverted head and shoulders is stronger, maybe attempting to hit 16.4k again? don play play ... scared le
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QUOTE(mikehwy @ Feb 20 2014, 12:07 AM)
bears are trying but it seems the 30-day inverted head and shoulders is stronger, maybe attempting to hit 16.4k again? don play play ... scared le
*
It could be... not shorting yet. The trend is still up but the market may come up with horror stories overnight. brows.gif

This post has been edited by danmooncake: Feb 20 2014, 01:32 AM
yok70
post Feb 20 2014, 02:04 AM

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FB bull is really strong! Everyone down he still hard stick up. tongue.gif
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QUOTE(yok70 @ Feb 20 2014, 02:04 AM)
FB bull is really strong! Everyone down he still hard stick up.  tongue.gif
*
FB indeed the strongest of all the social media stocks... TWTR, GRPN, LNKD (all taken a hard beating).
Just buy FB on pull backs.
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post Feb 20 2014, 04:11 AM

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they are starting it.....rate hike rumors show face now.... brows.gif
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post Feb 20 2014, 06:26 AM

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Hey, ... news flash - FB buys What'sapp for 19bln. Shares down AH.

Wow.. whatapp worth 19 blns? shocking.gif

This post has been edited by danmooncake: Feb 20 2014, 06:45 AM
mikehwy
post Feb 20 2014, 08:50 AM

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QUOTE(danmooncake @ Feb 20 2014, 01:32 AM)
It could be... not shorting yet. The trend is still up but the market may come up with horror stories overnight.  brows.gif
*
i agree. those people are trying ways to orchestrate some midnight horrors to scalp dows, by highlighting rates and qe policies (and ignore the goodies). looks like days of negativities ahead.

jerrychoo2004
post Feb 20 2014, 12:04 PM

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QUOTE(danmooncake @ Feb 20 2014, 06:26 AM)
Hey, ... news flash - FB buys What'sapp for 19bln. Shares down AH.

Wow.. whatapp worth 19 blns?  shocking.gif
*
so are we going to see lots of advertisement when we use whatsapp? hehehe
no wonder fb price dropped during after hours......19blns for an app company really siao liao rclxub.gif
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post Feb 20 2014, 02:01 PM

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whatsapp has 400m active users to pay $0.99 pa, that goes 2% yield for 19b investment....not exciting. Agree, it's damn expensive. If consider Amazon's trading at over 600x PE, then no, it's not expensive. laugh.gif
tigana
post Feb 20 2014, 08:22 PM

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QUOTE(danmooncake @ Feb 20 2014, 06:26 AM)
Hey, ... news flash - FB buys What'sapp for 19bln. Shares down AH.

Wow.. whatapp worth 19 blns?  shocking.gif
*
Yeah, apparently Whatsapp more valuable than Hong Leong Bank. smile.gif
tigana
post Feb 20 2014, 08:29 PM

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QUOTE(yok70 @ Feb 20 2014, 02:01 PM)
whatsapp has 400m active users to pay $0.99 pa, that goes 2% yield for 19b investment....not exciting. Agree, it's damn expensive. If consider Amazon's trading at over 600x PE, then no, it's not expensive.  laugh.gif
*
Something tells me Zuckerberg knows something we don't. That how people like him and Steve Jobs become successful, because they can see something other people cannot see.
Anyway, it could be a technology that only Whatsapp has.
Or maybe the fact the total mobile phone subscription in the world was 6.8B in 2012. And growing to around 8 billion in 2016. Some people or companies carry more than 1 phone. And Whatsapp charges per phone number.
And what if they introduce a premium service and charge more?

Granted not all the phones are smart. But smartphones are becoming so cheap. Soon everybody will carry one. With a good chance Whatsapp in installed.
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post Feb 20 2014, 08:57 PM

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QUOTE(yok70 @ Feb 20 2014, 02:01 PM)
whatsapp has 400m active users to pay $0.99 pa, that goes 2% yield for 19b investment....not exciting. Agree, it's damn expensive. If consider Amazon's trading at over 600x PE, then no, it's not expensive.  laugh.gif
*
not all for the 400m users were paid users some were installed before the paid version were out, upddated still can be used unless change mobile phone or mobile number only need reinstall......
tigana
post Feb 20 2014, 09:00 PM

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QUOTE(cwhong @ Feb 20 2014, 08:57 PM)
not all for the 400m users were paid users some were installed before the paid version were out, upddated still can be used unless change mobile phone or mobile number only need reinstall......
*
Whatsapp claims they get 1million new members a day.
yok70
post Feb 20 2014, 09:01 PM

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QUOTE(tigana @ Feb 20 2014, 08:29 PM)
Something tells me Zuckerberg knows something we don't. That how people like him and Steve Jobs become successful, because they can see something other people cannot see.
Anyway, it could be a technology that only Whatsapp has.
Or maybe the fact the total mobile phone subscription in the world was 6.8B in 2012. And growing to around 8 billion in 2016. Some people or companies carry more than 1 phone. And Whatsapp charges per phone number.
And what if they introduce a premium service and charge more?

Granted not all the phones are smart. But smartphones are becoming so cheap. Soon everybody will carry one. With a good chance Whatsapp in installed.
*
I don't think it's about technology. It's more about user experience, those little things that separate the extraordinary from ordinary. And ordinary people always think it's about luck, until the day they die. That's the difference between genius and the ordinary people. laugh.gif
yok70
post Feb 20 2014, 09:02 PM

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QUOTE(cwhong @ Feb 20 2014, 08:57 PM)
not all for the 400m users were paid users some were installed before the paid version were out, upddated still can be used unless change mobile phone or mobile number only need reinstall......
*
I thought 1st year free, following year pay? hmm.gif
cwhong
post Feb 20 2014, 09:02 PM

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QUOTE(tigana @ Feb 20 2014, 09:00 PM)
Whatsapp claims they get 1million new members a day.
*
this indeed very lucrative drool.gif
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post Feb 20 2014, 09:03 PM

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QUOTE(yok70 @ Feb 20 2014, 09:02 PM)
I thought 1st year free, following year pay?  hmm.gif
*
yes, but constant income the following years ...... me was the late comer so need to paid this year.....
tigana
post Feb 20 2014, 09:05 PM

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QUOTE(yok70 @ Feb 20 2014, 09:02 PM)
I thought 1st year free, following year pay?  hmm.gif
*
I think the earlier members get free for life, as long as they don't change phone number, right?

This post has been edited by tigana: Feb 20 2014, 09:05 PM
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But, doesn't FB itself also have this capability (chat/photos sharing)?

Wonder why they willing to pay such a high premium for it? hmm.gif




AirJump09
post Feb 20 2014, 10:02 PM

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QUOTE(danmooncake @ Feb 20 2014, 10:00 PM)
But, doesn't FB itself also have this capability (chat/photos sharing)?

Wonder why they willing to pay such a high premium for it?  hmm.gif
*
at what price will you buy...hehe
or you wouldn't
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post Feb 20 2014, 10:26 PM

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QUOTE(AirJump09 @ Feb 20 2014, 10:02 PM)
at what price will you buy...hehe
or you wouldn't
*
If I am Zuckerberg, I not sure I would want to buy if FB already has something similar. But, he maybe seeing something that we mortals could not.

$19bln is a lot of premium to pay.. but luckily majority of them are just stocks exchanges.

If things didn't pan out (regulatory wise - they still have to convince DOJ this isn't a monopoly tactic), WhatApps still get a $1bln in cash. Still a win-win deal for Whatapps.





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post Feb 20 2014, 10:31 PM

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QUOTE(danmooncake @ Feb 20 2014, 10:26 PM)
If I am Zuckerberg, I not sure I would want to buy if FB already has something similar. But, he maybe seeing something that we mortals could not.

$19bln is a lot of premium to pay.. but luckily majority of them are just stocks exchanges.

If things didn't pan out (regulatory wise - they still have to convince DOJ this isn't a monopoly tactic), WhatApps still get a $1bln in cash. Still a win-win deal for Whatapps.
*
maybe its zuckerberg young age who seeks market awareness and greater transparency at the start. and hopefully there is tech and marketing synergy? a case of market penetration follows by market development?
i think so only la

This post has been edited by mikehwy: Feb 20 2014, 10:33 PM
Firetric
post Feb 20 2014, 10:45 PM

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QUOTE(danmooncake @ Feb 20 2014, 10:26 PM)
If I am Zuckerberg, I not sure I would want to buy if FB already has something similar. But, he maybe seeing something that we mortals could not.

$19bln is a lot of premium to pay.. but luckily majority of them are just stocks exchanges.

If things didn't pan out (regulatory wise - they still have to convince DOJ this isn't a monopoly tactic), WhatApps still get a $1bln in cash. Still a win-win deal for Whatapps.
*
QUOTE(mikehwy @ Feb 20 2014, 10:31 PM)
maybe its zuckerberg young age who seeks market awareness and greater transparency at the start. and hopefully there is tech and marketing synergy?  a case of market penetration follows by market development?
i think so only la
*
Hope this acquisition will be a big correction...hehe
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QUOTE(Firetric @ Feb 20 2014, 10:45 PM)
Hope this acquisition will be a big correction...hehe
*
Correction is ok.. but hopefully, it won't change the trend. Got my tight stop in at 65. tongue.gif
yok70
post Feb 21 2014, 01:01 AM

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QUOTE(tigana @ Feb 20 2014, 09:05 PM)
I think the earlier members get free for life, as long as they don't change phone number, right?
*
i don't know about this. biggrin.gif
yok70
post Feb 21 2014, 01:06 AM

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QUOTE(danmooncake @ Feb 20 2014, 10:00 PM)
But, doesn't FB itself also have this capability (chat/photos sharing)?

Wonder why they willing to pay such a high premium for it?  hmm.gif
*
FB has fear of losing users, Whatsapp is a fierce enemy. The best way to fight this is to make the enemy my friend. 19b is nothing if comparing to losing users. They must have plan for some kind of integration, so that FB will be alive. Whatsapp may become just an app from FB, or just a function, a chatting function. By doing this, all Whatsapp users based will become FB's. Take a look at Nokia today. Once you loss market attention, you are dead and very very hard to recover. In another 1 year time, Whatsapp active users number estimation will be equal to FB's, that scares the hell of Z. biggrin.gif
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post Feb 21 2014, 01:17 AM

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green day? what?? where is the bear? interest hike woh! still green?? rclxub.gif
crazy market, never time it. tongue.gif
Mercy Shadows
post Feb 21 2014, 01:45 AM

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QUOTE(yok70 @ Feb 21 2014, 01:06 AM)
FB has fear of losing users, Whatsapp is a fierce enemy. The best way to fight this is to make the enemy my friend. 19b is nothing if comparing to losing users. They must have plan for some kind of integration, so that FB will be alive. Whatsapp may become just an app from FB, or just a function, a chatting function. By doing this, all Whatsapp users based will become FB's. Take a look at Nokia today. Once you loss market attention, you are dead and very very hard to recover. In another 1 year time, Whatsapp active users number estimation will be equal to FB's, that scares the hell of Z.  biggrin.gif
*
I think what will get most investors worried is how WhatsApp is able to make back that money.

For what I understand Whatsapp charge 0.99 cents on their per pay service,
which current 300million users only they might make 300million dollars, but 19billion?
There is no adds or anything like that in whatsapp from what I understand.
They might develop it further since Mark Zuckerberg fail to purchase SnapChat

What I hear from bloomberg this afternoon is that Only 2% of americans uses Whatsapp, most of them just prefer to use text messages. But in Europe, South East Asia, users are up to about 80++%

China on the other hand has a very low user rate as well due to WeChat , and Korean they have their own Chat App as well.

So based on the 2% of Americans and with FB's publicity on Whatsapp, there is a very high chance it can grow.
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QUOTE(Mercy Shadows @ Feb 21 2014, 01:45 AM)
I think what will get most investors worried is how WhatsApp is able to make back that money.

For what I understand Whatsapp charge 0.99 cents on their per pay service,
which current 300million users only they might make 300million dollars, but 19billion?
There is no adds or anything like that in whatsapp from what I understand.
They might develop it further since Mark Zuckerberg fail to purchase SnapChat

What I hear from bloomberg this afternoon is that Only 2% of americans uses Whatsapp, most of them just prefer to use text messages. But in Europe, South East Asia, users are up to about 80++%

China on the other hand has a very low user rate as well due to WeChat , and Korean they have their own Chat App as well.

So based on the 2% of Americans and with FB's publicity on Whatsapp, there is a very high chance it can grow.
*
Only 2% meh? So, how can there be a high chance of them using what'app if they like sms,text, etc.?

Anyway, difficult to understand FB stand on this but the price action will determine whether FB makes the correct
decision or not. Keeping stops in place.. sweat.gif
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post Feb 21 2014, 02:05 AM

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QUOTE(danmooncake @ Feb 21 2014, 01:56 AM)
Only 2% meh? So, how can there be a high chance of them using what'app if they like sms,text, etc.?

Anyway, difficult to understand FB stand on this but the price action will determine whether FB makes the correct
decision or not.  Keeping stops in place..  sweat.gif
*
If I remember correctly, its a very low percentage...
Did some google search and.. The link here says 9%...
http://engineeringfukrey.com/how-does-whatsapp-earn-money/

Most Europe and Latin Americas are above 90%
I think countries like Malaysia, Singapore too uses them, but not in the list .. too kuuchi

Well, maybe Whatsapp is not properly promoted in USA

Edit
Oh yeah. they said USA uses blackberry messenger, but it went south with Blackberry formally RIM

This post has been edited by Mercy Shadows: Feb 21 2014, 02:07 AM
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QUOTE(Mercy Shadows @ Feb 21 2014, 02:05 AM)
If I remember correctly, its a very low percentage...
Did some google search and.. The link here says 9%...
http://engineeringfukrey.com/how-does-whatsapp-earn-money/

Most Europe and Latin Americas are above 90%
I think countries like Malaysia, Singapore too uses them, but not in the list .. too kuuchi

Well, maybe Whatsapp is not properly promoted in USA

Edit
Oh yeah. they said USA uses blackberry messenger, but it went south with Blackberry formally RIM
*
Well, they said whatapps got 400mln users worldwide.
But, how many actually pays for what'sapp (99c)?

Cheapskate users try it free for one year. After that, they may not just not use it or uninstall it.

Also, this is a onetime Payment. There is no recurring revenue here. hmm.gif

Oh well, I dunno how they going to make back $19bln here.




yok70
post Feb 21 2014, 02:48 AM

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QUOTE(Mercy Shadows @ Feb 21 2014, 01:45 AM)
I think what will get most investors worried is how WhatsApp is able to make back that money.

For what I understand Whatsapp charge 0.99 cents on their per pay service,
which current 300million users only they might make 300million dollars, but 19billion?
There is no adds or anything like that in whatsapp from what I understand.
They might develop it further since Mark Zuckerberg fail to purchase SnapChat

What I hear from bloomberg this afternoon is that Only 2% of americans uses Whatsapp, most of them just prefer to use text messages. But in Europe, South East Asia, users are up to about 80++%

China on the other hand has a very low user rate as well due to WeChat , and Korean they have their own Chat App as well.

So based on the 2% of Americans and with FB's publicity on Whatsapp, there is a very high chance it can grow.
*
The valuation is 1 year ahead. At current growth rate of above 1m new uers a day, their estimation is reaching 1b active users in 12 months time. So the income is 1b, and so the PE is 19x.

For me, I won't see it as expensive, really, even if it couldn't give back any profit. Now there is profit, that's a bonus actually. The buying is most benefit from users base protection (if not increment). The highest value on any social network platform is user base, only that can give advertising/trading etc. value to the company.

However, as I said before, I still couldn't understand FB's business model and find this business very high risk since any day when a new cool platform emerge, people will just dump you and switch over to that one because they have nothing to lose and it's easy to switch system since the learning curve is very small, unlike smartphone (many loyal android/iphone users prefer to keep to the same system when they upgrade their phone). So FB is only good for traders, not good for investors (cannot sleep at night). laugh.gif

This post has been edited by yok70: Feb 21 2014, 02:53 AM
danmooncake
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QUOTE(yok70 @ Feb 21 2014, 02:48 AM)
The valuation is 1 year ahead. At current growth rate of above 1m new uers a day, their estimation is reaching 1b active users in 12 months time. So the income is 1b, and so the PE is 19x.

For me, I won't see it as expensive, really, even if it couldn't give back any profit. Now there is profit, that's a bonus actually. The buying is most benefit from users base protection (if not increment). The highest value on any social network platform is user base, only that can give advertising/trading etc. value to the company.

However, as I said before, I still couldn't understand FB's business model and find this business very high risk since any day when a new cool platform emerge, people will just dump you and switch over to that one because they have nothing to lose and it's easy to switch system since the learning curve is very small, unlike smartphone (many loyal android/iphone users prefer to keep to the same system when they upgrade their phone). So FB is only good for traders, not good for investors (cannot sleep at night).  laugh.gif
*
Good points.. FB, LNKD, TWTR, GRPN, all the new momo social media fad for these past two years.
Everyone happy when it goes up and valuation can go to moon. laugh.gif

Anyone seen TSLA today? They handily beat earnings. Another notch up. thumbup.gif

If it gets to $300, I get a real Tesla. brows.gif






yok70
post Feb 21 2014, 03:45 AM

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QUOTE(danmooncake @ Feb 21 2014, 03:25 AM)
Anyone seen TSLA today? They handily beat earnings.  Another notch up.  thumbup.gif

If it gets to $300, I get a real Tesla.  brows.gif
*
wow! nice trade there! since rumors on Apple merging Tesla, I started watching it a little, this unpredictable new boy in town. biggrin.gif
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post Feb 21 2014, 03:51 AM

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QUOTE(yok70 @ Feb 21 2014, 03:45 AM)
wow! nice trade there! since rumors on Apple merging Tesla, I started watching it a little, this unpredictable new boy in town.  biggrin.gif
*
I think the funds (who's long on TSLA) somehow re-surface this old piece of news (AAPL and TSLA talks).
They don't want TSLA to fall down.

There was a real big bet that TSLA will miss its earnings and will drop 100 pts or so. But now, they got no choice
but to cover it.

I will slowly move up my stop regardless on whether it will get there or not.
morning06
post Feb 21 2014, 04:27 AM

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danmooncake yok70

Dun mind me asking, been curious for quite some time. You guys are full time traders staying in Msia?

This post has been edited by morning06: Feb 21 2014, 04:29 AM
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QUOTE(morning06 @ Feb 21 2014, 04:27 AM)
danmooncake yok70

Dun mind me asking, been curious for quite some time. You guys are full time traders staying in Msia?
*
Not me. laugh.gif
jerrychoo2004
post Feb 21 2014, 08:52 AM

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yeah i have been monitoring TSLA since few months back.....was really hoping for it to miss its earnings so that i can buy on the dip today......but the results is encouraging.....miss the boat......so Dan you are long in TSLA? i was thinking of joining this boat as i have some $$ to spare since i dumped my FB >.<
morning06
post Feb 21 2014, 01:47 PM

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QUOTE(danmooncake @ Feb 21 2014, 06:56 AM)
Not me.  laugh.gif
*
i see. so you have a 9-5 job and trade at night? Sorry to ask so much, but just curious wink.gif hope you dun mind.
yok70
post Feb 21 2014, 03:26 PM

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QUOTE(morning06 @ Feb 21 2014, 04:27 AM)
danmooncake yok70

Dun mind me asking, been curious for quite some time. You guys are full time traders staying in Msia?
*
i freelance. so, time is very flexi. icon_rolleyes.gif
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post Feb 21 2014, 03:38 PM

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QUOTE(morning06 @ Feb 21 2014, 04:27 AM)
danmooncake yok70

Dun mind me asking, been curious for quite some time. You guys are full time traders staying in Msia?
*
Not me either.
I punt whenever there is a 'guts feel' only.
Need to work to pay for my brokerage. lol.
morning06
post Feb 21 2014, 04:22 PM

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QUOTE(yok70 @ Feb 21 2014, 03:26 PM)
i freelance. so, time is very flexi.  icon_rolleyes.gif
*
I see. U and danmooncake giving the impression of trading for living ;p

QUOTE(mikehwy @ Feb 21 2014, 03:38 PM)
Not me either.
I punt whenever there is a 'guts feel' only.
Need to work to pay for my brokerage. lol.
*
Lol u can most likely cover the comm. and fee from your gain.

U guys trading company stocks only? How bout ETF, derivatives (options/futures)?
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QUOTE(Mercy Shadows @ Feb 21 2014, 01:45 AM)
I think what will get most investors worried is how WhatsApp is able to make back that money.

For what I understand Whatsapp charge 0.99 cents on their per pay service,
which current 300million users only they might make 300million dollars, but 19billion?
There is no adds or anything like that in whatsapp from what I understand.
They might develop it further since Mark Zuckerberg fail to purchase SnapChat

What I hear from bloomberg this afternoon is that Only 2% of americans uses Whatsapp, most of them just prefer to use text messages. But in Europe, South East Asia, users are up to about 80++%

China on the other hand has a very low user rate as well due to WeChat , and Korean they have their own Chat App as well.

So based on the 2% of Americans and with FB's publicity on Whatsapp, there is a very high chance it can grow.
*
And India with its high population uses whatsapp a lot.

Interesting article

http://sequoiacapital.tumblr.com/post/7721...cebook-acquired
mikehwy
post Feb 21 2014, 06:41 PM

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bloomberg reported yday that watsapp is having 450 m users. most popular in the states and now penetrating the china market.
also reported that how watsapp is going to make money is yet be seen.

tigana
post Feb 21 2014, 06:57 PM

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QUOTE(mikehwy @ Feb 21 2014, 06:41 PM)
bloomberg reported yday that watsapp is having 450 m users. most popular in the states and now penetrating the china market.
also reported that how watsapp is going to make money is yet be seen.
*
The thing about messaging systems especially those like Whatsapp, the popularity depends on who else is on it. And the popularity just drives more popularity and membership. It doesn't matter how good the system is if my friends and people I interact with aren't on the same system. I can't message somebody on Line, We chat via Whatsapp, and vice versa. But with this purchase, there is a possibility of allowing Facebook users and Whatsapp users to message each other. That would be an extremely big pool of users.
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post Feb 21 2014, 08:39 PM

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It seem that the acquisition never stop FB from bullish.
yok70
post Feb 21 2014, 09:19 PM

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QUOTE(Firetric @ Feb 21 2014, 08:39 PM)
It seem that the acquisition never stop FB from bullish.
*
my wild guess....it's going to face a meaningful correction soon.....just wild guess, only time can tell. tongue.gif
Mercy Shadows
post Feb 22 2014, 12:23 AM

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I'm Watching Priceline, after the earnings announcement for TripAdvisor, this stock has been very bullish.
I think their agoda and booking.com products are very potential especially in the new internet era,

Too bad sold off 2 days ago after bearish signals.
Anyone into PCLN too?
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QUOTE(Firetric @ Feb 21 2014, 08:39 PM)
It seem that the acquisition never stop FB from bullish.
*
Well these tech stocks have very high potential, I've seen reports people comparing FB to GOOG few years ago, and look where GOOG is now, not just a regular search engine, they are into google glass, maps, google play and now I hear they just /or planning to buy off a robot company.
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QUOTE(morning06 @ Feb 21 2014, 01:47 PM)
i see. so you have a 9-5 job and trade at night? Sorry to ask so much, but just curious wink.gif hope you dun mind.
*
My working hours are the same time frame as the US side because they're my clients. But, money never sleeps. wink.gif





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QUOTE(Mercy Shadows @ Feb 22 2014, 12:23 AM)
I'm Watching Priceline, after the earnings announcement for TripAdvisor, this stock has been very bullish.
I think their agoda and booking.com products are very potential especially in the new internet era,

Too bad sold off 2 days ago after bearish signals.
Anyone into PCLN too?
*
PCLN and GOOG are two big momo stocks to watch. Let see which one will get to $2000 first.

As for travel stocks.. I do like TRIP. But, it's kinda hard to buy here. Also watch CTRP (chinese stock... brows.gif ).
Got nice bullish setup.

morning06
post Feb 22 2014, 09:37 AM

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QUOTE(danmooncake @ Feb 22 2014, 01:51 AM)
My working hours are the same time frame as the US side because they're my clients. But, money never sleeps.  wink.gif
*
I see. So you're working and watching the market at the same time. Incredible focus!

I'm more on TA since i'm still new in the market and currently just using news to know whats happening in the market. Need to learn from you guys coz from what i've been following, you guys did a lot of homework on the company growth and news ~.~ not very good with this.

repusez
post Feb 22 2014, 05:58 PM

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hi anyone using just2trade.com ? seems like price per trade is USD 2.50 , initial funding of usd2500 . would like to know any feedback about this company.

how do you guys fund the account from malaysia

This post has been edited by repusez: Feb 22 2014, 05:59 PM
morning06
post Feb 22 2014, 06:42 PM

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QUOTE(repusez @ Feb 22 2014, 05:58 PM)
hi anyone using just2trade.com ? seems like price per trade is USD 2.50 , initial funding of usd2500 . would like to know any feedback about this company.

how do you guys fund the account from malaysia
*
Nope. Any reason you wanna use the broker? coz their site don't give me the "feel". But tats just me lar haha

International Wire (Telegraphic Transfer/TT) from bank to fund account.
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post Feb 23 2014, 12:04 PM

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Ok... FB bought Whatsapp, a few days later, it is shut down.

So darn funny. LOL!




yok70
post Feb 23 2014, 06:42 PM

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QUOTE(danmooncake @ Feb 23 2014, 12:04 PM)
Ok... FB bought Whatsapp, a few days later, it is shut down.

So darn funny. LOL!
*
like a sign. laugh.gif
morning06
post Feb 23 2014, 10:23 PM

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LOL here quoted from techcrunch
QUOTE
"In reality, it’s more likely that WhatsApp’s $19 billion acquisition by Facebook announced Wednesday led to a surge of signups and usage that has overloaded its servers."


Perhaps a good news ;p more users~
yok70
post Feb 24 2014, 03:04 AM

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What do you all think of this video?

http://www.youtube.com/watch?v=iFDe5kUUyT0
morning06
post Feb 24 2014, 02:15 PM

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I once heard someone told me the story of how they make money out of thin air and what causes inflation and stuff.

Not sure because its in video that I understand better or when i heard the story back then I can't digest it. Thanks for sharing.

Though it is revealed, dun think ppl can do anything about this system?

This post has been edited by morning06: Feb 24 2014, 02:19 PM
yok70
post Feb 24 2014, 05:05 PM

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QUOTE(morning06 @ Feb 24 2014, 02:15 PM)
I once heard someone told me the story of how they make money out of thin air and what causes inflation and stuff.

Not sure because its in video that I understand better or when i heard the story back then I can't digest it. Thanks for sharing.

Though it is revealed, dun think ppl can do anything about this system?
*
what can we do? we are just in-the-system. It's like in the Matrix. laugh.gif
morning06
post Feb 24 2014, 08:29 PM

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Gonna check out the other series of the video. Very good info wink.gif

Anyway, some data base on 21-year period historical research to share for the week. Just for reference purposes. Research taken from Trader's Almanac 2014.

24 FEB - favorable BULL trading days
25 FEB - favorable BEAR trading days
27 FEB - The Dow down 10 out of the previous 15

This post has been edited by morning06: Feb 24 2014, 08:30 PM
TSnetmask8
post Feb 24 2014, 11:15 PM

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Check out LVS, WYNN and MGM whom reaches 52 weeks price high today.. Japan Casino License in Spring ??

As long as the near-zero interest rate still in place, cash will still place in equity .. Inflation + growth were

gradually better (no surprise ), and hardly FED will hike OPR in short-medium term to curb inflation..
yok70
post Feb 24 2014, 11:58 PM

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wa lao....is 1900 coming? laugh.gif
jerrychoo2004
post Feb 25 2014, 12:14 AM

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yup.....sooner than you expected 1900 seems like coming liao
maybe can it go all the way to 2000?
jerrychoo2004
post Feb 25 2014, 12:15 AM

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QUOTE(netmask8 @ Feb 24 2014, 11:15 PM)
Check out LVS, WYNN and MGM whom reaches 52 weeks price high today.. Japan Casino License in Spring ??

As long as the near-zero interest rate still in place, cash will still place in equity .. Inflation + growth were

gradually better (no surprise ), and hardly FED will hike OPR in short-medium term to curb inflation..
*
imma gonna hold my LVS and WYNN tight tight this round.....never gonna let u go!!!
this AAPL cannot move one hor still zzzzzzzzzz
yok70
post Feb 25 2014, 01:20 AM

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QUOTE(jerrychoo2004 @ Feb 25 2014, 12:15 AM)
imma gonna hold my LVS and WYNN tight tight this round.....never gonna let u go!!!
this AAPL cannot move one hor still zzzzzzzzzz
*
today samsung s5 announcement. Apple must go red for this event mah. laugh.gif
Mercy Shadows
post Feb 25 2014, 01:28 AM

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While FB up to almost 4%
morning06
post Feb 25 2014, 04:01 AM

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QUOTE(yok70 @ Feb 25 2014, 01:20 AM)
today samsung s5 announcement. Apple must go red for this event mah.  laugh.gif
*
AAPL bounce back; green now~ means s5 not so hype haha
yok70
post Feb 25 2014, 04:24 AM

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QUOTE(morning06 @ Feb 25 2014, 04:01 AM)
AAPL bounce back; green now~ means s5 not so hype haha
*
yes, s5 has very little improvement over s4. Basically just a s4 + fingerprint sensor. So good news for Apple. laugh.gif
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AAPL dead money now.. got out when it drops below 537 (50ma). Gap filled achieved.
Good enough for now.

Now, waiting for pull back. All cash and ready. tongue.gif


Firetric
post Feb 25 2014, 11:25 AM

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Arghh...why fb still havent pull back
morning06
post Feb 25 2014, 12:44 PM

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QUOTE(danmooncake @ Feb 25 2014, 09:43 AM)
AAPL dead money now.. got out when it drops below 537 (50ma).  Gap filled achieved.
Good enough for now.

Now, waiting for pull back. All cash and ready.  tongue.gif
*
It seems to me that you're consistently making money from the market. Respect.

QUOTE(Firetric @ Feb 25 2014, 11:25 AM)
Arghh...why fb still havent pull back
*
At first i also thought will pullback coz of the pricey acquisition of Whatsapp, wrong interpretation of news >.<
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QUOTE(morning06 @ Feb 25 2014, 12:44 PM)
It seems to me that you're consistently making money from the market. Respect.
At first i also thought will pullback coz of the pricey acquisition of Whatsapp, wrong interpretation of news >.<
*
No, not consistent. Try to lose less and win more that's all. Protect profits and capital.
If got profit must take, otherwise market will take it back anytime.

Like yesterday, we touched the time highs intraday. That's a signal to take the chips off the table. laugh.gif

This post has been edited by danmooncake: Feb 25 2014, 09:53 PM
Mercy Shadows
post Feb 25 2014, 10:13 PM

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QUOTE(danmooncake @ Feb 25 2014, 09:43 AM)
AAPL dead money now.. got out when it drops below 537 (50ma).  Gap filled achieved.
Good enough for now.

Now, waiting for pull back. All cash and ready.  tongue.gif
*
Yeah.. Samsung announce that they OUTSOLD apple iphone (not specifically, but the numbers was over iphone numbers - dont have specifics) during the world mobile conference where Mark Zuckerberg gave a rationalization on the Whatsapp purchase too.

Better watch out

This post has been edited by Mercy Shadows: Feb 25 2014, 10:27 PM
morning06
post Feb 25 2014, 11:47 PM

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Wow TSLA +30~
Anyone making money thumbup.gif

This post has been edited by morning06: Feb 26 2014, 12:06 AM
morning06
post Feb 26 2014, 12:05 AM

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QUOTE(danmooncake @ Feb 25 2014, 09:52 PM)
No, not consistent. Try to lose less and win more that's all. Protect profits and capital.
If got profit must take, otherwise market will take it back anytime.

Like yesterday, we touched the time highs intraday. That's a signal to take the chips off the table.  laugh.gif
*
Its an easy concept but to actually protect the profits and capital, one need to have the experience. I still have a long way to go~

How did i missed TSLA today doh.gif
yok70
post Feb 26 2014, 02:36 AM

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Are we in the middle? 1850....is it the middle (of 1900 and 1800)....or, we are at the top, the support should be at 1750.....RSI shows top though, unless it's a super bull situation right now.... hmm.gif

This post has been edited by yok70: Feb 26 2014, 02:39 AM
morning06
post Feb 26 2014, 03:54 AM

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QUOTE(yok70 @ Feb 26 2014, 02:36 AM)
Are we in the middle? 1850....is it the middle (of 1900 and 1800)....or, we are at the top, the support should be at 1750.....RSI shows top though, unless it's a super bull situation right now.... hmm.gif
*
Dun mind me asking, u trading index fund?
yok70
post Feb 26 2014, 04:31 AM

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QUOTE(morning06 @ Feb 26 2014, 03:54 AM)
Dun mind me asking, u trading index fund?
*
yes. ETF. laugh.gif
morning06
post Feb 26 2014, 05:03 AM

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I see. SPY?
danmooncake
post Feb 26 2014, 05:30 AM

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Thank you Morgan Stanley for upgrading TSLA! What a nice gift! rclxms.gif
morning06
post Feb 26 2014, 09:42 AM

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QUOTE(danmooncake @ Feb 26 2014, 05:30 AM)
Thank you Morgan Stanley for upgrading TSLA!  What a nice gift!  rclxms.gif
*
Gratzz! rclxms.gif
Just manage to make some off the rally, should have check the news cry.gif
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post Feb 26 2014, 11:37 AM

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wa wa, few friends here are making dole lately. much congratulations.
let me also try to look for winners somewhere. lol ....
good work pals. TSLA again ya?

morning06
post Feb 26 2014, 03:21 PM

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QUOTE(mikehwy @ Feb 26 2014, 11:37 AM)
wa wa, few friends here are making dole lately. much congratulations.
let me also try to look for winners somewhere. lol ....
good work pals. TSLA again ya?
*
Have been consistently making small wins and consistently giving them back to losses and costs cry.gif
Need to nail in some big win hmm.gif

This post has been edited by morning06: Feb 26 2014, 03:21 PM
mikehwy
post Feb 26 2014, 10:34 PM

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pre market.... tsla sky rocketing !
morning06
post Feb 27 2014, 12:17 AM

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QUOTE(mikehwy @ Feb 26 2014, 10:34 PM)
pre market.... tsla sky rocketing !
*
manage to catch not brows.gif

AAPL a bit sien yawn.gif
Mercy Shadows
post Feb 27 2014, 01:41 AM

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QUOTE(morning06 @ Feb 27 2014, 12:17 AM)
manage to catch not  brows.gif

AAPL a bit sien yawn.gif
*
yea.... but this Cook seems to have something up his sleeves, dunno what he is planning.. with strong share buyback and some rumors.. will keep watching. hmm.gif
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post Feb 27 2014, 01:45 AM

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QUOTE(danmooncake @ Feb 26 2014, 05:30 AM)
Thank you Morgan Stanley for upgrading TSLA!  What a nice gift!  rclxms.gif
*
wow Congrats on your big win! up 4% today.
Didnt put this on my watchlist,
When did you start watching Tesla? after what rumors/ news?
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QUOTE(Mercy Shadows @ Feb 27 2014, 01:45 AM)
wow Congrats on your big win! up 4% today.
Didnt put this on my watchlist,
When did you start watching Tesla? after what rumors/ news?
*
Some of us been talking about TSLA since last year (around Sept/Oct, see USA Stock Discussion v4).
I've been going in and out of it. Just trading, not investing. I was assigned some shares when I sold PUTs last month. Almost freak me out when it dipped below 140.
Also, holding some May Calls as well. They're up big now.. : biggrin.gif

I'm going to let this puppy run till it cannot run anymore or till next super charge station. laugh.gif

This post has been edited by danmooncake: Feb 27 2014, 02:14 AM
yok70
post Feb 27 2014, 03:59 AM

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the market is still struggling to breakout either way.
how long will this process be? 1 week? yawn.gif
danmooncake
post Feb 27 2014, 10:45 AM

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QUOTE(yok70 @ Feb 27 2014, 03:59 AM)
the market is still struggling to breakout either way.
how long will this process be? 1 week?  yawn.gif
*
I think at least 2 weeks. Take a look at the chart from 4th week of Dec till 3rd week of Jan.
We got congestion here (almost 4 weeks).

Market went down on 1st week of Feb, recovered the 2nd week. Bulls are also tired.
So, its' going to be choppy and tighten up here.

What I want to see (if the market is healthy), bulls should given up control to the bears, and let them take it down to 1780-1800 level to attract more buyers before they take it up to the next level.

Otherwise if it goes straight up, it will fall like a rock in the next cycle.

Now, we need the bears to cook up some horror stories between now and next week so that
some weak hands can sell. brows.gif
morning06
post Feb 27 2014, 01:25 PM

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Base on my TA, i'll be buying on the next dip and since your view is identical and assuming its correct. Miss out on the previous dip cry.gif must prepare for the next wave hopefully
mikehwy
post Feb 27 2014, 04:18 PM

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s&p failed to sustain the 1850 ceiling. i guess it will attempt few more times. maybe can stay afloat 1850 next few days?

morning06
post Feb 27 2014, 10:08 PM

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TSLA steam havent run out mer ~.~
mikehwy
post Feb 28 2014, 12:09 AM

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QUOTE(morning06 @ Feb 27 2014, 10:08 PM)
TSLA steam havent run out mer ~.~
*
currently oscillating at the unchanged level .... who knows may steam up again?

JC Penny gone mad!
morning06
post Feb 28 2014, 01:19 AM

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QUOTE(mikehwy @ Feb 28 2014, 12:09 AM)
currently oscillating at the unchanged level .... who knows may steam up again?

JC Penny gone mad!
*
Lol steam lasted only at early trading hour. Now quiet down a bit.
AAPL is trading well today whistling.gif
yok70
post Feb 28 2014, 02:52 AM

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ah so bullshit......i mean bullish. tongue.gif
danmooncake
post Feb 28 2014, 08:22 AM

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QUOTE(yok70 @ Feb 28 2014, 02:52 AM)
ah so bullshit......i mean bullish.  tongue.gif
*
Ya man.. bulls are still in control.

Still holding TSLA here. Just small pullback so far. Sold some covered calls to get some premium. laugh.gif
morning06
post Feb 28 2014, 08:29 AM

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Woo TSLA manage to trade back to 250~ hmm am expecting TSLA will trade higher, just some retracement hmm.gif Gonna prepare for next wave!

Happy with AAPL wub.gif

This post has been edited by morning06: Feb 28 2014, 08:31 AM
danmooncake
post Feb 28 2014, 09:44 AM

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QUOTE(morning06 @ Feb 28 2014, 08:29 AM)
Woo TSLA manage to trade back to 250~ hmm am expecting TSLA will trade higher, just some retracement  hmm.gif  Gonna prepare for next wave!

Happy with AAPL  wub.gif
*
AAPL - please come down to 505-510 area... I'm waiting for you! brows.gif
morning06
post Feb 28 2014, 11:00 AM

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QUOTE(danmooncake @ Feb 28 2014, 09:44 AM)
AAPL - please come down to 505-510 area... I'm waiting for you!  brows.gif
*
ohh not holding any aapl now?
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post Feb 28 2014, 12:09 PM

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QUOTE(morning06 @ Feb 28 2014, 11:00 AM)
ohh not holding any aapl now?
*
No, I got stopped out when it dropped below 535.

But, I would like to get long again if it can pull back a little more..
near 505~510. But, if too close 500 could be dangerous spot.

Also, SP500, Dow and Nasdaq near all time high again.
So, this isn't the time to be overly aggressive. Good to lock in some profits and set trailing stops in case
of sudden appearance of bears.

This post has been edited by danmooncake: Feb 28 2014, 12:17 PM
morning06
post Feb 28 2014, 12:46 PM

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QUOTE(danmooncake @ Feb 28 2014, 12:09 PM)
No, I got stopped out when it dropped below 535.

But, I would like to get long again if it can pull back a little more..
near 505~510. But, if too close 500 could be dangerous spot.

Also, SP500, Dow and Nasdaq near all time high again.
So, this isn't the time to be overly aggressive.  Good to lock in some profits and set trailing stops in case
of sudden appearance of bears.
*
I see. At the time being, u have TSLA to keep watch these few days brows.gif

Wasn't expecting them to reach all time high so fast. Never get to join the wave, chicken out on the previous dip doh.gif coz was suffering some consecutive losses so wasn't prepared for that. Inexperience sad.gif
jerrychoo2004
post Feb 28 2014, 03:04 PM

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i just topped up some aapl yesterday ^^

mikehwy
post Feb 28 2014, 05:06 PM

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with the launch if samsung s5, apple might dip below 500? might catch it by then when i wish to hold for months
yok70
post Feb 28 2014, 05:31 PM

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QUOTE(mikehwy @ Feb 28 2014, 05:06 PM)
with the launch if samsung s5, apple might dip below 500? might catch it by then when i wish to hold for months
*
i'd love to see that happen. love to....but, not an easy job, because s5 is a disappointment for many. My expectation of a 64 bit processor, better looking casing, camera sensor as large as Nokia's with RAW capture, all didn't happen. No point to have a 16MP camera with small sensor and poor IQ. Fingerprint sensor is useful though, also broadly expected. i'm still waiting to catch more at 480....can get ah? biggrin.gif
Mercy Shadows
post Feb 28 2014, 05:52 PM

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I'm waiting for APPL to drop to about 500 too, seems like a good support there. Did a quick grab and run when it dropped after bad results. hopefully i can make another =p

Waiting for the next Non-Farm Employment Change result as I think it is going to be a huge impact if it misses estimates 3 in a row.
morning06
post Feb 28 2014, 06:40 PM

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Lol all waiting for AAPL to drop. Yeah seriously s5 not putting up a good fight this round(spec wise).

Everyone waiting 500-510 u wan 480 lol

Anyway from Bloomberg~ TSLA record!
QUOTE
The luxury electric-car maker’s 619 percent rally in the last 12 months is unmatched by any global automaker in at least 20 years, according to data compiled by Bloomberg. Tesla’s almost 15-fold jump since its June 2010 initial public offering is also bigger than any U.S. stock that has debuted since 2006.
rclxms.gif

rjb123
post Feb 28 2014, 10:54 PM

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Tried Interactive Brokers for the first time - can't say I like the interface at all but the fees seem far more reasonable than TDAM for non commission free ETFs.

Looks like transfer in, cost me $35
morning06
post Feb 28 2014, 11:13 PM

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QUOTE(rjb123 @ Feb 28 2014, 10:54 PM)
Tried Interactive Brokers for the first time - can't say I like the interface at all but the fees seem far more reasonable than TDAM for non commission free ETFs.

Looks like transfer in, cost me $35
*
The transfer fee is a bit higher compare to TDA ~.~ But comm. and fee wise definitely way cheaper! And interface wise, i've only tried the demo which is not even a papertrade, for a short time. Probably need some time to play around the interface.

TSLA stuck at 252 and S&P climbing; even tho economy was slower than expected hmm.gif
mikehwy
post Feb 28 2014, 11:14 PM

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SP 500 finally shot pass 1850 'quite convincingly' even though the economic data (lower gdp, lower confidence and housing pirces) were poor. so this time 'they' are putting some nice stories upfront to push the indices? but what can these stories be to justify the rise tonight?
...aapl won the german suit?
rjb123
post Feb 28 2014, 11:16 PM

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QUOTE(morning06 @ Feb 28 2014, 11:13 PM)
The transfer fee is a bit higher compare to TDA ~.~ But comm. and fee wise definitely way cheaper! And interface wise, i've only tried the demo which is not even a papertrade, for a short time. Probably need some time to play around the interface.

TSLA stuck at 252 and S&P climbing; even tho economy was slower than expected  hmm.gif
*
Yeah, I've signed up to paper trade account to play around a bit (but takes 24 hours to be active) whilst leaving my normal account which is mainly for long term holdings anyway.


yok70
post Feb 28 2014, 11:26 PM

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QUOTE(mikehwy @ Feb 28 2014, 11:14 PM)
SP 500 finally shot pass 1850 'quite convincingly' even though the economic data (lower gdp, lower confidence and housing pirces) were poor. so this time 'they' are putting some nice stories upfront to push the indices? but what can these stories be to justify the rise tonight?
...aapl won the german suit?
*
convincing or not we need to see how it close today. brows.gif
danmooncake
post Mar 1 2014, 12:26 AM

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QUOTE(mikehwy @ Feb 28 2014, 11:14 PM)
SP 500 finally shot pass 1850 'quite convincingly' even though the economic data (lower gdp, lower confidence and housing pirces) were poor. so this time 'they' are putting some nice stories upfront to push the indices? but what can these stories be to justify the rise tonight?
...aapl won the german suit?
*
Be wary of bull trap. tongue.gif

The last 15 mins of the tape, the market were spooked. All stocks took big dip and quickly recovered during the last 5 mins before closing. This is in reaction to the situation in Ukraine.

So, Monday, if it try to rally, most likely, it will be sold off.



This post has been edited by danmooncake: Mar 1 2014, 10:43 AM
mikehwy
post Mar 1 2014, 11:08 AM

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ya. by 2 pm the russians were at the ukraine border flexing muscles. market took excuse to drop like stones to negative zone, until last minute push up. lets see what the russians r doing during weekends, and the ukraine opposition will continue to occupy the gov premises.

yok70
post Mar 2 2014, 08:20 PM

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give me blood drool.gif
morning06
post Mar 3 2014, 12:44 AM

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Just saw that Samsung trying to come out with Gear2 before iWatch; expecting to win the market first~

Wonder if this will impact AAPL hmm.gif
danmooncake
post Mar 3 2014, 02:33 AM

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QUOTE(morning06 @ Mar 3 2014, 12:44 AM)
Just saw that Samsung trying to come out with Gear2 before iWatch; expecting to win the market first~

Wonder if this will impact AAPL  hmm.gif
*
I doubt it.. Samsung first wearable Gear1 didn't sell well. AAPL now know, consumers do not care much about watches.

I think AAPL investors are also tired of the same old rehash of the same products: Phones, Tablets, Computers, Music Players, etc.

Investors are waiting for the new products that hasn't been attempted before and must get that "wow" factor back in.

This post has been edited by danmooncake: Mar 3 2014, 02:34 AM
mikehwy
post Mar 3 2014, 09:33 AM

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latest...
Ukraine issues escalated during weekends. this could be the horror story for monday market
TSnetmask8
post Mar 3 2014, 09:42 AM

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QUOTE(mikehwy @ Mar 3 2014, 09:33 AM)
latest...
Ukraine issues escalated during weekends. this could be the horror story for monday market
*
Let see how this issue will be escalated, with Putin want to show the world what he did to Georgia last time..
Expects market will reacts sweat.gif negatively, but let see closely how the market will behave.
Perhaps, it is a good bargain hunting opportunity ? hmm.gif

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post Mar 3 2014, 09:44 AM

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QUOTE(netmask8 @ Mar 3 2014, 09:42 AM)
Let see how this issue will be escalated, with Putin want to show the world what he did to Georgia last time..
Expects market will reacts  sweat.gif  negatively, but let see closely how the market will behave. 
Perhaps, it is a good bargain hunting opportunity ?  hmm.gif
*
dows looking real bad now...-> 120
mikehwy
post Mar 3 2014, 02:22 PM

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update in ukriane issues ..

kerry if the US hours ago stated ...
A U.S. or NATO military intervention in Ukraine would be the last thing anybody wants but now contemplating forms of economic sanction threats on russia....



yok70
post Mar 3 2014, 02:36 PM

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Buy on dips is my strategy for this.
War at this time? I don't think so.
Please judge your own though. biggrin.gif
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post Mar 3 2014, 03:52 PM

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RUSS - Daily Russia Bear 3x Shares today? drool.gif
morning06
post Mar 3 2014, 07:50 PM

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QUOTE(danmooncake @ Mar 3 2014, 02:33 AM)
I doubt it.. Samsung first wearable Gear1 didn't sell well. AAPL now know, consumers do not care much about watches.

I think AAPL investors are also tired of the same old rehash of the same products: Phones, Tablets,  Computers, Music Players, etc.

Investors are waiting for the new products that hasn't been attempted before and must get that "wow" factor back in.
*
Ya the prev watch sales was bad.

Some historical data quoted from Stock Almanac 2014 for March
*BULL = favorable trading days based on S&P rising 60% or more during 21-year period
*BEAR = opposite ditto of BULL

Mar5 ;BULL
Mar9 (SUNDAY) ;Daylight Saving Time Begin
Mar13 ;BULL
Mar17 ;BULL
Mar18 ;BULL
Mar19 ;BULL
Mar21 ;BEAR, TRIPLE WITCHING DAY
Mar24 ;BULL
Mar26 ;BEAR
Mar28 ;BEAR
Mercy Shadows
post Mar 3 2014, 09:13 PM

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QUOTE(rjb123 @ Feb 28 2014, 10:54 PM)
Tried Interactive Brokers for the first time - can't say I like the interface at all but the fees seem far more reasonable than TDAM for non commission free ETFs.

Looks like transfer in, cost me $35
*
IB interface works like microsoft excel , I think it's quite easy biggrin.gif
morning06
post Mar 3 2014, 10:26 PM

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QUOTE(Mercy Shadows @ Mar 3 2014, 09:13 PM)
IB interface works like microsoft excel , I think it's quite easy biggrin.gif
*
If i not mistaken they are compatible with EXCEL API; something like you can trade and manage your portfolio using excel sheet. Not very clear bout this though. Some traders might prefer this wink.gif
jerrychoo2004
post Mar 3 2014, 10:52 PM

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I don see much blood de.....aapl green somemore >.<
Mercy Shadows
post Mar 4 2014, 12:32 AM

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QUOTE(netmask8 @ Mar 3 2014, 09:42 AM)
Let see how this issue will be escalated, with Putin want to show the world what he did to Georgia last time..
Expects market will reacts  sweat.gif  negatively, but let see closely how the market will behave. 
Perhaps, it is a good bargain hunting opportunity ?  hmm.gif
*
flex.gif sure hope so.
morning06
post Mar 4 2014, 01:03 AM

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My watch list very red~
Wonder if i should buy this dip hmm.gif maybe wait for today closing
danmooncake
post Mar 4 2014, 01:29 AM

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I'm waiting for SP500 1825 level or Dow 16000.
Maybe we get there by Friday.

Meanwhile, good to sell some PUTs for those stocks that you're willing to own.
VIX spiked up 17%



Take a look at the Russia related shares

RSX -7.5%
RUSL (3x bull) -22%
RUSS (3x bear) +22%
ERUS -8%

I think those are good opportunities... brows.gif

This post has been edited by danmooncake: Mar 4 2014, 01:36 AM
morning06
post Mar 4 2014, 04:19 AM

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QUOTE(danmooncake @ Mar 4 2014, 01:29 AM)
I'm waiting for SP500 1825 level or Dow 16000.
Maybe we get there by Friday.

Meanwhile, good to sell some PUTs for those stocks that you're willing to own.
VIX spiked up 17%
Take a look at the Russia related shares

RSX -7.5%
RUSL (3x bull) -22%
RUSS (3x bear) +22%
ERUS -8%

I think those are good opportunities...  brows.gif
*
Am looking to enter slightly higher than you. Probably wait and observe tomorrow first before I decide hmm.gif

Still holding to your TSLA? Looks like holding well but stuck at 252, expecting it to continue rally if breakout from 252... hopefully brows.gif What you guys think??
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post Mar 4 2014, 06:52 AM

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QUOTE(morning06 @ Mar 4 2014, 04:19 AM)
Am looking to enter slightly higher than you. Probably wait and observe tomorrow first before I decide  hmm.gif

Still holding to your TSLA? Looks like holding well but stuck at 252, expecting it to continue rally if breakout from 252... hopefully  brows.gif  What you guys think??
*
Yes, still holding. Sold 260 covered calls for it. If closes above 260 by Friday, it will be taken away from me.
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post Mar 4 2014, 08:43 AM

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QUOTE(jerrychoo2004 @ Mar 3 2014, 10:52 PM)
I don see much blood de.....aapl green somemore >.<
*
DJIA/ Nasdaq / SnP red, but AAPL green, ISM Manufacturing Reading is good,
while LVS price is in 52 weeks high. thumbup.gif

This post has been edited by netmask8: Mar 4 2014, 08:45 AM
morning06
post Mar 4 2014, 01:18 PM

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QUOTE(danmooncake @ Mar 4 2014, 06:52 AM)
Yes, still holding. Sold 260 covered calls for it. If closes above 260 by Friday, it will be taken away from me.
*
Den may it be flat till Friday so you can keep the premium thumbup.gif

QUOTE(netmask8 @ Mar 4 2014, 08:43 AM)
DJIA/ Nasdaq / SnP red,  but AAPL green, ISM Manufacturing Reading is good,
while LVS price is in 52 weeks high.  thumbup.gif
*
AAPL manage to climb back slightly before the session end flex.gif
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post Mar 4 2014, 02:30 PM

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latest ...

ecnomic and bilateral political pressures from kerry, imf and eu might divert/lessen the mounting conflict in ukraine...

dows future + > 120 .... lets getting ready to pick up some stuff at open ... lol
mikehwy
post Mar 4 2014, 07:47 PM

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dows +>170. fasten your seat belt n get ready for a bighhh zoooom

danmooncake
post Mar 4 2014, 08:46 PM

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Yesterday - gap down: it's actually a Buy
Tonight - gap up: it's actually a Sell

If you miss the gap down and gap up .. no need to make any move otherwise
you be shaken out. It's choppy.

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post Mar 4 2014, 09:14 PM

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TSLA announce they are opening 30 new stores in Europe @ the Geneva Motor Show today.. pre market up 2% ++
danmooncake
post Mar 4 2014, 09:23 PM

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QUOTE(Mercy Shadows @ Mar 4 2014, 09:14 PM)
TSLA announce they are opening 30 new stores in Europe @ the Geneva Motor Show today.. pre market up 2% ++
*
TSLA is going to stay up in the sky for a while. So, I'm just going to let it be or until they take away my shares at 260 by Friday. Hopefully, it won't otherwise, I'll have to buy it back again during dips. But, those premiums that I sold were pretty good. laugh.gif



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