ugly, ugly...

aapl cheap sale!

crude struggling to stay above 43...

shock and awe...

crude non stop diving.

looks like in a hurry to find the bottom.

This post has been edited by AVFAN: Aug 12 2015, 02:09 AM

I think there is a silver lining to China intentional devaluation of its currency.

Short term, it's bad but longer term, the demand for commodities could come back esp.
oil, copper, iron, etc..

They're trying to be competitive again and trying to speed up their slower than usual economic train.

We've seen them slow down quite a bit for the last few years.. from 12%, 11%, 10%, 9%, 8% and now 7% and possibly dropping down to 6% by next year. I think they're realizing they've put on the brakes too hard trying to cool off the real hot economy that has caused massive inflation and bubble-like property market. Now, they wanting to accelerate again
without jeopardizing their huge manufacturing engines (the core of their growth last 10-20years) - perhaps they didn't want the foreign companies to look elsewhere - like moving more to Vietnam, Cambodia, India where costs are much lower.

This post has been edited by danmooncake: Aug 12 2015, 11:20 AM

i am expecting more qe from the chinese to support its econ growth.
the nation seems to slow down. at 1.30'and afternoon today, lets see its man data to assess any immediate needs for indirect qe, and. how quick they need be

This post has been edited by mikehwy: Aug 12 2015, 02:08 PM

no good.



expect crude to dive to new low tonight.

big bear on bursa continues....
hesitating bear on china/hk.....
emerging bear on US.....i suspect could be a one leg broken....

kind of agree.
Not only China, it could benefit world economy too as lower costs can boost more industrial activities since easier to make profit. That also makes selling price cheaper possible that boost consuming power as well. As today lots of giant US companies do business worldwide, this is positive news for them too.
When all focus on china's slow down indication, i think it's overdone.

china's move is surely an attempt to make it cheaper for other countries to keep buying or buy more from them.

which means us cos. earning rmb->usd will get screwed bad. hence aapl the loser!



anyway, think mama bear tonite, brace yrself.

yoo. seems like same story again. triple digit red? going to be real ugly again coins safe in drawer, waiting for china money factor to subside before setting another retirement plan. now? may be getting unspeakable soon if US trend continues ....

yaya. i think the market is over reacted, or the shorters are getting the excuses to shoot! not so good for me le

u know, with the triple whammy of falling rm (or rising usd), falling oil, and rmb devaluation (and hence compounding falling rm, rising usd)..

the worst case scenario would be:

.. bought at high price and holding oil&energy, china, and bursa stocks in rm.


the best case scenario would be:

.. bought and held oil/energy shorts or inverses in usd.


i am a mix of both, so... win some, lose some....

This post has been edited by AVFAN: Aug 12 2015, 06:17 PM

you are hedge fund manager.

watch aapl... europe trading 111.65.

waiting 106.

Me too... I'm waiting 105.xx i'sh. I'll dive back in.

I tested the AAPL watch... not bad. Tempted to get one but heck,
I'm too cheap for a us400 watch. But, only if AAPL can score me a few Ks, I'll buy one.

the roof is torn. everything coming down. today is about guessmg hiw far each goes down. aapl 110+

I feel that prices are vicious, ugly ammd hurting now. they say.....
...-10% is pullback, , -10-20 is correction, - >20 is bear.
I shall see! %*¢#

This post has been edited by mikehwy: Aug 12 2015, 09:44 PM

the chinese devalued rmb 1.9% tues n said its a one time adjustment. roday wed thet devaalue again by 1.6. damn. cant trust these desperadoooos

i'm interested to know what attracts you on this watch? please share share.
my friend said he prefer the samsung watch because one big advantage for him is able to put sim card into the samsung watch which doesn't need to bring the phone out for mobile-demanding appointment.

that has provided renewed volatility.

see how crude and the currencies gyrate!

probably preempted fed's rate hike plans.

best to make only small moves at this time.