-holds zero interests in this lair
This post has been edited by Brother J: Jul 13 2015, 11:19 PM
USA Stock Discussion v6, Midterm Elections! U.S. Jobs Report!
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 Jul 7 2015, 10:38 PM
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Senior Member
855 posts Joined: Jan 2010  
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Jul 7 2015, 10:42 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(mikehwy @ Jul 7 2015, 10:34 PM) true too. at present, open makes up 40% of the world output (bloomberg) and there is going to be loads of oil flooding the world markets, and my RON 95 continues to + + + in prices. sigh ... lesser subsidi by my gomen was annouced late afternoon today... sugar, natural gas, what else? Sometimes, I don't understand how M'sia govt price their petrol. While US are lowering their gasoline as per market price (after July 4th), M'sia govt raise them. I have a feeling they're back filing some pockets somewhere..   |
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Jul 7 2015, 10:44 PM
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Senior Member
855 posts Joined: Jan 2010
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-holds zero interests in this lair
This post has been edited by Brother J: Jul 13 2015, 11:20 PM |
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Jul 7 2015, 10:44 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(Brother J @ Jul 7 2015, 10:38 PM) This a normal Greek working hours: exactly! if they see how the viets work they will jump out of their skins! i guess this is the main reason for NO vote. these nationalists adore pseet so much as he promised similar lifestyles! i wish i live in greek! [A] 9am (sometimes 10,11,11:30am varies across different islands) - 3:30pm (close). [  6pm (sometimes 5:30,6:30pm again, varies across different islands) - 9:00pm (close). [only Two days in a week][C] Sunday - don't expect much, mostly close. Some enjoy 1hr-3hrs break on category [A] on the so-called "lunch break". Their break includes a nice nap. If the countries surrounding Greece are Bangladesh/Myanmar/Indonesia there won't even be a single Greek left within 10years.  |
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Jul 7 2015, 10:47 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(danmooncake @ Jul 7 2015, 10:42 PM) Sometimes, I don't understand how M'sia govt price their petrol. While US are lowering their gasoline as per market price (after July 4th), M'sia govt raise them. I have a feeling they're back filing some pockets somewhere.. i am the most puzzled person around to see how gomen insists it is 'subsidising' the local petrol? i simply cant understand altho i have talked to my economist friends for long....puzzling question to me since long. anyone can enlighten me abit? oil is nearing 50 and my little car is running with rising price Ron 95 ?? |
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Jul 7 2015, 10:50 PM
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All Stars
17,100 posts Joined: Mar 2005
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[quote=Brother J,Jul 7 2015, 10:44 PM]
I am planning to cover 1/2 positions around $51 and all around $50. Crude is highy sensitive to the following data: 1) Iran talk - which was extended to 10th July again 2) Tuesday Genscape forecast - before noon 3) Tuesday 4:30pm EST API 4) Wednesday EIA 5) Friday 1pm Bakers Rig Count [/quote] This drop is too significant, I am not covering any shorts at the moment but closely monitor the bounce phase. 1st bounce phase for crude will be the importance to regain $52 in shortest amount of time. Until then, we could see a further break below $49 and splash towards $47.50  [/quote] what? 49 and 47.50? hope local petrol price is not inversely proportional (negatively correlated) to this! hahaha This post has been edited by mikehwy: Jul 7 2015, 10:50 PM |
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Jul 7 2015, 10:53 PM
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All Stars
17,100 posts Joined: Mar 2005
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seriously, i am tempted to do some day trade on equities ....
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 Jul 7 2015, 10:56 PM
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Validating
1,525 posts Joined: Oct 2012 
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QUOTE(mikehwy @ Jul 7 2015, 04:59 PM) one more thing...I told my remisier about foreigners comment on china shares as over valued, over leveraged n overbought, trading at 80x for the china A shares (thats wat I read) but my remisier kept telling me its about confidence and made projections for another round of new highs at china !!! lucky I dint believe the bullssheet. hahhaha...me not that stupid afterall. Glad that you still use remisier's service to guide and teach you on candles /financial ratios. Thank goodness too.but he has tips for me every morning and teaching me jap candles and financial ratios !!! I never buy those bullsheet. thank goodneess !!!! |
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Jul 7 2015, 10:59 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(netmask8 @ Jul 7 2015, 10:56 PM) Glad that you still use remisier's service to guide and teach you on candles /financial ratios. Thank goodness too. Oh, i learned to use pen to draw those candles on graph papers long time ago. also manually calculated macd, ma etc etc....looking back it was so dead tiring .... but my remisier keeps telling me to buy, buy and buy and keeps providing me loads of financial data and keeps telling me 'have confidence in my nivestment house analysis' .... hahaha ... CRAP ! |
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Jul 7 2015, 11:02 PM
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All Stars
17,100 posts Joined: Mar 2005
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putting my head under water to view the casinoes .....
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Jul 7 2015, 11:07 PM
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All Stars
17,100 posts Joined: Mar 2005
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latest from euro ministers...
psheet did not make any concrete proposals .. he said will give a proposal 'soon'... euro ministers will have video conference tmr to discuss psheet 'proposal' ... then the will meet AGAIN to decide ... whether short term, long term, or urgent handout (this is my term for the great greeks)... |
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Jul 7 2015, 11:15 PM
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All Stars
24,452 posts Joined: Nov 2010
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QUOTE(Brother J @ Jul 7 2015, 10:44 PM) This drop is too significant, I am not covering any shorts at the moment but closely monitor the bounce phase. 1st bounce phase for crude will be the importance to regain $52 in shortest amount of time. Until then, we could see a further break below $49 and splash towards $47.50 i cashed out 30min ago.just went long...  anyway, thanks for yr comments. i owe u a grouper.  |
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Jul 7 2015, 11:34 PM
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Senior Member
855 posts Joined: Jan 2010
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-holds zero interests in this lair
This post has been edited by Brother J: Jul 13 2015, 11:20 PM |
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Jul 7 2015, 11:41 PM
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All Stars
24,452 posts Joined: Nov 2010
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QUOTE(Brother J @ Jul 7 2015, 11:34 PM)  You don't owe me nothing, it's your decisions since my view is just one of the millions out there available for you to dig.However, this is a short-term bearish trend enclose within a intermediate term-sideway breakdown which is also enclosed within a long term downtrend. As such, any bounce attempt to break out from $52 is viewed as a shortable opportunity ( a breakout of $52.20 to be exact will be positive for short term bull trader) . Will not be surprising if we are going to see rig counts increase this Friday and also an increment in build from EIA tomorrow. From my shallow point of view, the crude is trying to price-in the Iran deal atm, though I doubt the selling ends at $50.58. yes, will be very vigilant. get less sleep, i suppose. thanks again. |
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Jul 7 2015, 11:58 PM
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Senior Member
855 posts Joined: Jan 2010
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-holds zero interests in this lair
This post has been edited by Brother J: Jul 13 2015, 11:20 PM |
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Jul 7 2015, 11:58 PM
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All Stars
17,100 posts Joined: Mar 2005
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dows loss is 1/2 now at -100. hope it goes up for me to release my newly caught casinoe stocks ....
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Jul 8 2015, 12:15 AM
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Senior Member
855 posts Joined: Jan 2010
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-holds zero interests in this lair
This post has been edited by Brother J: Jul 13 2015, 11:21 PM |
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Jul 8 2015, 12:22 AM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(Brother J @ Jul 8 2015, 12:15 AM) Not to dissapoint you but from my tape reading, the low today on E-mini S&P500@2035 doesn't look healthy to me. At least the volume on the number of contracts are not gradually decrease but sort-of jump-alike. As such, we should revisit this low soon if not today. Until then, all bounce will present an opportunity to sellers. many thanks for your alert. will observe and letting off soon this evening. lately there's been fear of lower low trends. But if you are holding casino stocks for longer-term, I have no view on that since I don't do long term/intermediate term trading which you can disregard my view.  |
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Jul 8 2015, 12:28 AM
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Senior Member
855 posts Joined: Jan 2010
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-holds zero interests in this lair
This post has been edited by Brother J: Jul 13 2015, 11:21 PM |
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Jul 8 2015, 12:32 AM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(Brother J @ Jul 8 2015, 12:28 AM) Ok, this is starting to feel like a boxing match where both sides are taking a break. It's been 30minutes with flat movemet across all equities which only lead to one outcome - everyone is waiting for something. (Similar to pre-FED minutes/ FOMC meeting / Yellen speech on Friday) looks like a long and subdued evening..... hope the 'good new are, surface to give my little fishes (they were tadpoles when caught earlier but growing in size) a little push. Bulls are hoping for good news according to Italy's PM, which should be released in a "few hours". Bears are halting the strike. With such thin volume, the daredevils bullish short term traders are slowly loading up. More waiting games.  |
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