Yup.. seeing that too. But, XLE is only half of what it used to... still hasn't test that last high on Dec 3rd.
Also there's a gap (between 82 and 85). Lots of resistance there.

But, i think here's good support 75-76 area. If it pulls back there, time to add more.

looks like oil possibly like to test US$50 again?...

This post has been edited by yok70: Dec 30 2014, 04:56 AM

Possibly... if it falls below $50, it could be devastating (even for XLE... so be careful here)!

S&P trading at thin volume on these few days... everyone taking a rest after santa rally and preparing for new year eh

yr end closing...

let's hope markets close with a nice finish tonite... and usd continues to run away!

HAPPY NEW YEAR EVERYONE!!!

Have a great 2015 everyone, >20% returns for all

MON had a huge options trade volume yesterday.. traders probably buying that bounce around 121 with target 127 but seemed like it failed to rally.

HAPPY NEW YEAR!!

late new year wish~ Happy New Year!!
let's make it a remarkable year!

~and make more money from the market

existing holdings, think good chance as us economy looks strong, usd getting stronger.
crude... should see bottom "soon".


but... how to buy more with rm? now...3.5145.

US market poised for stronger finish in 2015 due to USD strengthening
which leads to lower crude prices

ya, i also don't know when should be a good time to buy USD. Can RM rebound in near term? Wondering....

given all that we know, i m of the view rm unlikely to rebound unless crude rebounces quickly and significantly.

a couple months a go, a couple of ib reports forecast rm to go 3.55. that was when crude at usd60. at usd50-55...?

what we need to read will be the latest figures on capital flight, legal n illicit flows...

i will probably look for good buys when rm rebounds a bit becos it will probably not last.

ya, same strategy on me. But maybe i can't wait too long, because US and HK market may not wait with me. They are bullish.

this is surely the difficult part since the ex rate adds another dimension.

worst case - price rising, rm weaker n weaker...!

well, usually... when it comes to the crunch, you wanna buy, just buy!

exactly the same dilemma for me
i've switched about 40% into HKD & USD previously but now these are all ploughed in. need more of these to continue riding the A-share frenzy.

best guess, might see some mild strengthening into Feb, anything below 3.38 USD/ above 2.29 HKD will gladly take
on the bright side, FX gains for the USD side have made it a pretty spectacular 2014.

-Holds zero interests in this lair

This post has been edited by Brother J: Jul 14 2015, 01:55 AM

May I know what industry are u working in?

-Holds zero interests in this lair

This post has been edited by Brother J: Jul 14 2015, 01:56 AM

scared me there i instantly went to check prices.
sub-50 incoming !