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 USA Stock Discussion v7, Greece Debt Crisis!

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AVFAN
post Aug 14 2015, 11:51 AM

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QUOTE(danmooncake @ Aug 14 2015, 11:33 AM)
Tonight.. let see if how low can EWM..go here.... already 5 years low.
Malaysia corporate earnings all gone for this year.  shakehead.gif
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but u get to go to jb this weekend at 4.1. laugh.gif
AVFAN
post Aug 14 2015, 07:37 PM

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tonite appears to be a small bear...

crude is looking to rebound from 42 but there really isn't anything good to help it.



rm... there has been speculative reports that traders raided it to 4.25 but was pushed back to 4.03 by bnm this morning.

so, take care... sweat.gif
AVFAN
post Aug 14 2015, 08:47 PM

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QUOTE(mikehwy @ Aug 14 2015, 08:28 PM)
our bnm said yday it wont peg the rm. so more chance to hit it. lucky i park my dole (wa ka ka) 'outside' sometime ago since last year Q4, + my trust balance at hlib foreign acc. still got balance. can withdraw it as rm (from usd) anytime!!! i am not clever, but damn lucky.
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well, at least u did something to mitigate the risk.

even now, many just brushed it off... all is good... we are special, we are different, we are the best... rolleyes.gif
AVFAN
post Aug 14 2015, 09:53 PM

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QUOTE(Brother J @ Aug 14 2015, 08:49 PM)
It's been a while since my last post. Looking at the previous numerous posts I saw similarities in them with CNBC's talking heads. Comment like:" I think crude is going to be $42-$50 until end of the year is laughable". I  have said many times that USD to RM should hit 4:0 by July/August.

This is getting serious to the fact that by end of the year it wont be surprised to see 4.90/5.0. Anyway, to think crude will bounce from here is a dream. Won't see significant bounce until lower $30. (That's when we will see 4.90/5.0)

Oh btw, expect to see AAPL hitting lower $90 by end of year too if they rolling out another piece of iphoneX (whatever series). iWatch is a joke, it makes the one who wear it looks like a nerd. (Unless you are in your teens just to make yourself look like a cool kid)

If you think energy stock is going to bounce hard from here, you are out of your mind, but it's your money anyway. Trade safe.
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nod.gif

short of bombs dropping, there is really no reason oil price will rebound significantly.

thanks, will have all that in mind! biggrin.gif

QUOTE(mikehwy @ Aug 14 2015, 09:43 PM)
exactly, he just said rm to be 3.60 soon !!! rclxub.gif
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must have been misquoted. should be 6.30? laugh.gif
AVFAN
post Aug 15 2015, 01:20 AM

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peace and quiet...

nothing moving much, incl crude.

sleep early, nice also. laugh.gif
AVFAN
post Aug 15 2015, 09:45 AM

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QUOTE(yok70 @ Aug 15 2015, 03:18 AM)
flat with low volume.....
market waiting for direction....
place your bet.  biggrin.gif
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placed no bet last night.
result.... ok, small gains, can do. biggrin.gif

interesting to see the predicted candlestick bullish engulfing did not live long, died after a few hours.
can expect crude to continue fall next week. tongue.gif

have a good weekend!
AVFAN
post Aug 16 2015, 01:16 AM

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QUOTE(danmooncake @ Aug 16 2015, 01:09 AM)
Don't worry lah. Your Ringgit today will stay the same, as long as you spend it in Malaysia.
Just ride it out... all this too will pass.

IMO, now it is not a good time for Ringgit to exchange to USD or SGD but great for USD/SGD to Ringgit.

Never felt things so cheap in JB - so far they haven't spike my fav Musang King fruit yet. Eat out also cheap..  biggrin.gif
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durians may still be cheap - seasonal glut, maybe...

other things, prices are noticeably rising or value reduced.

prawn mee used to have 3 full prawns for rm4.50. now it's 5.50 with 3 half prawns.

same with chicken rice - previous 5 decent full pieces now become 5 narrower and flattened (1 sliced into 2) pieces.

really, that's what the hawkers are doing now. biggrin.gif

This post has been edited by AVFAN: Aug 16 2015, 01:17 AM
AVFAN
post Aug 17 2015, 09:18 AM

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QUOTE(yok70 @ Aug 17 2015, 03:31 AM)
so go eat at international restaurants. KFC, Burger King, Starbucks....etc. No change at all, same price same food (so far).  biggrin.gif
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no, eating less junk fast food like those these days. tongue.gif

actually cooking and eating in more.

raw meat, seafood are all gst free.

going to stock up the freezer again this week as i see imported stuff rising in prices very soon.
AVFAN
post Aug 17 2015, 02:01 PM

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QUOTE(mikehwy @ Aug 17 2015, 01:40 PM)
lets see what we can fish tonight.
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i am definitely going to continue fishing crude inverse. laugh.gif
AVFAN
post Aug 17 2015, 04:47 PM

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QUOTE(mikehwy @ Aug 17 2015, 03:50 PM)
ya, the trend is intact. just like our local fbmklci put warrants. punters have been making huge bucks daily, over 20-40%. but i dare not entering.  rclxub.gif
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honestly, i am shocked by this round of crude price drop.

been going down in a straight line or more less for the last 2 months.

well, the rm is also much like that too.

we'll see which one will stop falling first. tongue.gif :
AVFAN
post Aug 18 2015, 01:12 AM

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small bull, peace and quiet again.

big chance to sleep early... biggrin.gif

AVFAN
post Aug 18 2015, 03:34 PM

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QUOTE(danmooncake @ Aug 18 2015, 04:43 AM)
Tonight.. strange price movement for crude and energy. Energy stocks seem to be slightly positive.

Crude: -1.48%
USO:-0.71%
XOP: -0.23%
XLE: +0.20%
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xle tends to lag crude.

oih - 0.55%

will see tonite.
wti now 41.46, down, down...
AVFAN
post Aug 18 2015, 04:10 PM

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QUOTE(yok70 @ Aug 18 2015, 03:53 PM)
40 coming....maybe 39.... sweat.gif
ringgit 4.2 coming....maybe 4.5.... sweat.gif
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for now, yes, i agree with you... crude and will fall further.

the way it always happen, when oil, rm or bursa hit bottom, they can also rebound fast and furious.

those are the exciting unknowns that keep us going, yes?! biggrin.gif

gotta watch very closely, but will lose some sleep. laugh.gif

dow/s&p/nasdaq... dicey... seems money is still leaving there and going to eu markets.
AVFAN
post Aug 18 2015, 10:04 PM

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QUOTE(yok70 @ Aug 18 2015, 09:57 PM)
oil green?.....oh......
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on a leash... i doubt it's going anywhere far. tongue.gif
AVFAN
post Aug 18 2015, 10:19 PM

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QUOTE(mikehwy @ Aug 18 2015, 10:11 PM)
latest..... opec said 'we cant just reduce our prooduction to improve the price (they need others to support the reduction)'  ...opec changing tune woo ...
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this is impt part... oil is produced in many places. even a cartel can't control the price as some will need the production and $.

venezuela is about to default, still want it to cut production? no way!! biggrin.gif

This post has been edited by AVFAN: Aug 18 2015, 10:19 PM
AVFAN
post Aug 18 2015, 11:01 PM

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QUOTE(yok70 @ Aug 18 2015, 10:52 PM)
stay firm above 2100 longer a bit, then we shall be able to see 2130 soon....only time will tell.  tongue.gif
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i got a hunch the market will rally later in the night.

and wti will fall back to 41.50. tongue.gif
AVFAN
post Aug 19 2015, 12:51 AM

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looks like another "going nowhere" session.

sleep early again.. biggrin.gif



wti still holding above 42 after 3 days.

this guy thinks the rm will slide further if wti goes below 41.
http://www.thestar.com.my/Business/Busines...ense/?style=biz
AVFAN
post Aug 19 2015, 10:34 AM

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QUOTE(yok70 @ Aug 19 2015, 02:11 AM)
stupid politicians continue to make big mistakes by speaking bullshit "theories". how could RM rebound? There is no reason to rebound. It can only fall further (for a period of time).  yawn.gif
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that guy is a currency trader.

but not seeing rm strength today despite:

Short-covering ahead of Thursday's expiry of the key front-month contract in U.S. crude also lifted oil futures in New York.
AVFAN
post Aug 19 2015, 09:51 PM

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QUOTE(mikehwy @ Aug 19 2015, 09:38 PM)
wow, just turned on my pc and seeing pools of blood. looking bad, from europe to US. looking bad now ....
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yep, sea of blood again.

except inverse crude. tongue.gif

no eye see, go watch a movie now. biggrin.gif
AVFAN
post Aug 20 2015, 12:01 AM

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what's really big is the set up fro crude...

41.50 rising to 43.0 in 3 days only to fall to 41.30 within a few hours. sweat.gif

likely to crash below 41 by end of session.

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