y not china or greek? cheaperer there ? lol ....

thanks for the input
put that in my KIV list..
USD.MYR = 4.08...

Dax GDP below expectation.

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...

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.

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...

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.

latest ...

aapl delays its live tv until next year ....

rm drop most today in 6 years ....

affin hwang's head of research Nazri Khan predicted local klci to 1530, 1500 (last time he predicted 2000 ! ??)

This post has been edited by mikehwy: Aug 14 2015, 09:09 PM

haha! his kind of "predict", a 10 year old child also can do. In fact, many many many "experts" do this kind of prediction all the time.

exactly, he just said rm to be 3.60 soon !!!

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

thanks, will have all that in mind!

must have been misquoted. should be 6.30?

He is betul betul one heck of a shit..somemore call.himself with dunno wad technixal analyshit

he is the head of malaysia association of technical analysis wooo.

peace and quiet...

nothing moving much, incl crude.

sleep early, nice also.

yes. too quiet for this friday evening. also nothing much about the biz news .... zzzZZZZ ...

flat with low volume.....
market waiting for direction....
place your bet.

placed no bet last night.
result.... ok, small gains, can do.

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.

have a good weekend!

LIke I said earlier,.. I am more afraid of the currency raiders hitting my RM than anything else..... Too bad the prediction is coming true.

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..

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.

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