Just a bit only.. from last week. let see if this time can break above 42 or not.
Last time, I cabut a bit early.. but also lucky because china bulls (the govt) can turn it around anytime.

some analyst...


maybe rm 4.05 will help...

SP500 ultra Vix short.

uvxy?

i hv little idea on this one, stick to the easier ones...

stick to those you familiar.

very nice today bull, "lucky" i sold all my shorts yesterday.

This post has been edited by yok70: Jul 29 2015, 03:48 AM

Groupers!!! It's works again.. buying that sp500 (calls and 3x bull shares) when it touches 200ma.

Did you guys read this story?

http://www.cnbc.com/2015/07/28/chinese-far...ost-it-all.html

Uncle farmer invested entire savings of US164K equivalent (convert in RMB, that's like over mln),
then leverage up to 1 mln usd margin (6.2 mln RMB) and buy ONE stock?

And he bought when the SHCOMP index over 4000, because of govt propaganda urging everyone to play..

Everyone will SELL whenever there is a pop opportunity to get their money back.
The institutional players will eat these people alive knowing them have bought on margin.

No wonder China market will crash... with tons of clueless people like this in the market.

This post has been edited by danmooncake: Jul 29 2015, 09:30 AM

good job!

i stick to crude. enough fun to play with coins, sometimes can catch a grouper or two.

here's one view for the coming days:


no future for big oil?

poor gamblers.
but still, we can't feel pityful for gamblers, can we? They are gamblers. If there is no margin from bank to buy stocks, well, maybe they borrowed from dark market and go Genting to gamble. Not much difference, I think.

I think we can start averaging down already for this commodity. Don't pour in the whole bucket yet, but start to buy in slowly. My TA,...

i will wait a bit. it will take time for a few hundred bil capex cancelled to be approved again for big oil spending.


futures now +40.

crude bulls and bears battling it for 3rd round in 3 days at 47.50-47.80.

yellen statement at 2am will be referee who's gonna win...

prepare yr late supper.

damn. twtr is to be short down tonight.
lucky my new stable fb is pushed !!!

This post has been edited by mikehwy: Jul 29 2015, 09:12 PM

latest ...

oil inventory :-

17/7 +2.7m barrels
24/7 -2.4m

this causing a knee jerk + oil price atm ....

This post has been edited by mikehwy: Jul 29 2015, 10:49 PM

can bear bear return? all in the hands of the most powerful woman in the world, Yellen.

nice rebound. wish it could continue....it's not good for world economy if oil price too depressing.

wti is up 2.5%, brent only 1.2%.

doesn't look like it will hold to me.

we'll see what effect fed statement will have in 20 mins time...

ya. i am also negative on oil price for short term...

like gold... too much supply, not much demand...

maybe now summer, more driving, consumption a bit higher, inventories dropped...?

This post has been edited by AVFAN: Jul 30 2015, 01:55 AM

yellen said all good woh....so how? want new high?

no rate hike until dec, i think.

goota do at least one hike, save face.

yeah, let market may rally a bit more!

oil... looks like it will soften again...