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 USA Stock Discussion v7, Greece Debt Crisis!

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Hansel
post Aug 16 2015, 11:29 AM

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QUOTE(danmooncake @ Aug 16 2015, 02:09 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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Tq, Dan,..I'm afraid I have to agree with AV's opinion that the prices of things are noticeably rising. What worries me even further is tht after the prices of gods have risen, it will not drop back even after everything recovers. WE will be stuck with the inflation that was triggered earlier by other factors on the country, not by demand-pull !

CHaging back my USD/SGD into Ringgit,... would you do so to invest into ASX funds in Msia ?
mikehwy
post Aug 16 2015, 01:15 PM

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QUOTE(AVFAN @ Aug 16 2015, 01:16 AM)
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
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wow, food 'economist' in the making. but very true. ,my kedai kopi fish n ship was 8.00 now 9.90 with only 1/2 thickness of the normal fried fish! fried rice was 5.5 now 6.20 with few prawns diappearing, rplaced by gfreen peas !!! !@#$. i thot our consumer ministers were saying hawkers shd reduce or maintain their prices ??? i need to re educate myself to understand these ministers.
Bonescythe
post Aug 16 2015, 02:46 PM

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Makan kangkung saja la
yok70
post Aug 17 2015, 03:31 AM

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QUOTE(AVFAN @ Aug 16 2015, 01:16 AM)
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
*
so go eat at international restaurants. KFC, Burger King, Starbucks....etc. No change at all, same price same food (so far). biggrin.gif
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.
mikehwy
post Aug 17 2015, 01:40 PM

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europe seems to be flat at start, stoxx50 flat. nymex 42. things are pretty 'stable' now. will dows rebound? local bourses got bashed again. same stories. month end more volatile with demos and unrest politically.

lets see what we can fish tonight.
TC-Titan
post Aug 17 2015, 01:51 PM

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Anyone know of anything of an upcoming IPO for Pinterest? Going to be listed in NYSE. Received a call today about it.
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
mikehwy
post Aug 17 2015, 03:50 PM

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QUOTE(AVFAN @ Aug 17 2015, 02:01 PM)
i am definitely going to continue fishing crude inverse. laugh.gif
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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
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 :
davidcch07
post Aug 17 2015, 10:14 PM

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let see the oil futures going to $29 smile.gif
mikehwy
post Aug 17 2015, 10:24 PM

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about dows ... no more reasons to drive down today, so the only direction is going up? just my thought.
yok70
post Aug 17 2015, 10:26 PM

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QUOTE(mikehwy @ Aug 17 2015, 10:24 PM)
about dows ... no more reasons to drive down today, so the only direction is going up? just my thought.
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2130 coming? drool.gif
mikehwy
post Aug 17 2015, 10:28 PM

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QUOTE(yok70 @ Aug 17 2015, 10:26 PM)
2130 coming?  drool.gif
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hope so hope so le. been dripping blood for almost 2 weeks. rclxms.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

danmooncake
post Aug 18 2015, 04:43 AM

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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%
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...
yok70
post Aug 18 2015, 03:53 PM

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QUOTE(AVFAN @ Aug 18 2015, 03:34 PM)
xle tends to lag crude.

oih - 0.55%

will see tonite.
wti now 41.46, down, down...
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40 coming....maybe 39.... sweat.gif
ringgit 4.2 coming....maybe 4.5.... sweat.gif

This post has been edited by yok70: Aug 18 2015, 03:54 PM
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
*
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.
yok70
post Aug 18 2015, 09:57 PM

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oil green?.....oh......

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