KLCI always surprises me. So, I no balls to short

I buy the cheap counters now

why u let ur wives keep it?

go take it back

today KLCI already up mah...

Issues not settled yet. Will go back down. Then can buy again

RM no rebound but getting worse

Too risky for my liking lah. Unless I follow you 1 for 1 duplicate your trade exactly

Ok.. firstly, let me open a fkli acc for u first

Then if become usd 1 to rm5... still let it slide ?

Don't want. Once open no turning back

wah - U also bottom-line it to 1,200? me too.
hehe - great minds think alike... or hopefully not fools flock together.

anyhow, personally, i'll start baiting my hooks if KLCI hits below 1,400
and start fish bombing below 1,200

My Seafood,

1200 is just a wish. If RM stabilize at 4.1 - 4.2, then klci will rebound and won't reach 1200. My guess only lah....

I am already fishing now. At least get some smaller fish first. If 1200, then fish would be big

One theory is those foreigner want to leave, most would already left. Those still here will be for the longer term. So this theory sees there will be a limit to RM falling

17 Aug 2015 09:20 UTC - 18 Aug 2015 09:21 UTC
USD/MYR close:4.08214 low:4.08169 high:4.12220

MYR start to U-Turn?

1.00 USD = 4.08057 MYR
US Dollar ↔ Malaysian Ringgit
1 USD = 4.08057 MYR 1 MYR = 0.245064 USD

Ya,

SGD/MYR 2.9078 , noon time was 2.92+

17 Aug 2015 11:00 UTC - 18 Aug 2015 11:06 UTC
USD/MYR close:4.06371 low:4.06336 high:4.12220

Slowly goin South

i doubt it, not so soon.

think rm has dived too fast, will hv breathers.

political scandals well contained for now, u know the "winners" are at this time.

but... oil and other commodities still falling, global economy incl china not looking good.

for the rm, likely increased volatility more than anything else

This post has been edited by AVFAN: Aug 18 2015, 07:56 PM

Agreed. It' far from over. The worst is yet to come.

Will the FED raise interests rate in Sep?

Local political turmoil?

Bank Negara foreign reserves being further depleted?

mgs 10 yrs yield been creeping up lately, hit 4.30% and closed 4.28% today.

http://www.bnm.gov.my/index.php?tpl=govtsecuritiesyield

a Good Thing or a Bad Thing?

mgs = malaysian government securities.

yield goes up when price drop.

price drop when holder sell.

>40% held by foreigners.

This post has been edited by AVFAN: Aug 18 2015, 10:32 PM

okay.. understand..

btw what is highest MGS yield in history? 5%?