latest....

ron 95 n 97 down 10 sen.
ahd be down by more than 20-25 !#+#/#

ok, false alarm.

now, u can change to a bigger cc car!

aiseh man. with this market sentiment, a local Proton is well suited for me. But targeting at a SUV.

Latest .... Exxon recorded record low profit !!!! (oil price la, what else)

petrol price will be low for a long time... according to this...
http://www.cnbc.com/2015/07/31/oil-prices-...dman-sachs.html

one step closer.

looking to break 47 soon after this news:

Baker Hughes US oil rig count rises by 5

The US Subprime Problem in The US lasted from 2008 till the tapering started in 2014 - that would be approx 6 yrs. The Oil Crisis started in 2015. So,........ will it end and oil price recovers in 2021 ?

Goldman in its report, in contrast to the world bank's optimistic forecast, is really saying oil price will be flat for next 5 years given now at used 47 and say low inflation of 1-2% pa.

This can be quite real given shale oil break even of 50 or so. Saudi can go as low as 20 but that will hurt too much, not a real scenario. So, I personally quite agree with goldman's assessment. Remember they were right about GOLD!

Locally, the risk we face is Petronas will pay gomen less and less revenues in the next few years. With jibby holding tight on the steering wheel, question is how fast will gst and other taxes need to rise to fund the usual spending. Doesn't look pretty to me, incl the RM. So the idea of keeping some savings in strong fx to prevent hard earned money from rm erosion is sound.

Agreed, better to save in foreign currency at the moment.

I've only got my FDs left which mature in October ... remaining transfer from FCA to cover monthly expenses / credit card bills

hi bro, no time no hear!

Yeah - very busy with work, no time for anything else! Just logging into IB once a month to do my monthly top up and that's it

once a month... i guess u r not trading then.

i been busy too... with IB!

Looks like many Interactive Brokers supporters here...

wonder hows our local petrol price. shd be below 1.70 i guess.

maybe petrol tax now?

never mind, it'll drop 20 sen next month.

crude now 46.43, next stop 45?

Sifu ,

any different for this one SGX?

http://www.sgx.com/wps/portal/sgxweb/home/...s/Market+Makers

u mean those etf's compared to same or equivalent in other bourses?

answer = popularity, volume.

bad idea to trade if so blurdy hard to sell.

from the few etfs i know in bursa, waste of time, nobody's interested.

the largest etfs are typically primarily listed in usa - that's where u wanna be.

latest ...

USD = 3.81 (16 yr low)

citi group eoy target = 3.91

morgan stanley eoy target = 4.00

crude = 46+
palm oil = dropping like stone ....
rm continue on the sliding board ....

die la my job and savings

This post has been edited by mikehwy: Aug 3 2015, 09:40 PM

3.85 already.
bnm throwing in the towel, it seems.

besides falling oil price, watch mgs yields; if n when foreigners lose more confidence and dump the 49% holdings...
http://www.cnbc.com/2015/08/03/malaysias-r...-wild-ride.html
http://www.bnm.gov.my/index.php?tpl=govtsecuritiesyield

newton's 3rd law: jib actions will get a reaction.

jib contributed 5% RM drop so far, later maybe 10%.

nothing u can do about that.

except hide.

i mean morph yr rm into something else.