Outline ·
[ Standard ] ·
Linear+
USA Stock Discussion v7, Greece Debt Crisis!
|
danmooncake
|
 Sep 2 2015, 08:22 PM
|
|
QUOTE(AVFAN @ Sep 2 2015, 01:56 PM) i got out of xle and oih some weeks ago. i have stayed out since and only played coins with inverses - dwti, sco or ery. will get back into xle and oih only when there are major development... opec firm action, more major m&a like recent schlumberger+cameron, maybe oil majors mergers...? and crude at say... 35?  The lowest we seen so far last monday during the bear raid was 37.75.. intraday, so the bears must make another raid to take out that last week low for this to happen. If happens again, I think the general market also tank, not just oil/energy sector.  |
|
|
|
|
|
danmooncake
|
Sep 2 2015, 08:25 PM
|
|
|
QUOTE(Hansel @ Sep 2 2015, 02:33 PM) My oil ctr has dropped by 80% but it is still paying out its monthly dividends. It has recently purchased another oil asset sold at a reasonably cheap price, hence adding to its bbls/day figure. It still has available bank facility for further acquisitions. I wonder how this ctr of mine will turn out later on. Waah.. so nice. "monthly" dividends? Is that local/asean stock instead of us stock?  |
|
|
|
|
|
danmooncake
|
Sep 3 2015, 11:18 AM
|
|
|
Aiyo.. I missed the action today. No work, no trade. Going to just let this be till next week since US Labor day weekend coming. Glad to see some of you guys are making money here. Volatility indeed has increased this 2 weeks. Gap up.. fill down. Gap down.. fill up again. Just play to fill gaps also untung lah. No need to guess anymore. |
|
|
|
|
|
danmooncake
|
Sep 3 2015, 07:41 PM
|
|
|
QUOTE(AVFAN @ Sep 3 2015, 06:00 PM) never mind, yr "rm 4.25 durian fiesta" coming... now at 4.2485, may surpass 4.25 tmrw. tonite...spared of china's wild swings for next 2 days... eu +2%. djia futures +6x. crude holding at 46.xx dunno what to make of it...!  This one (4.25), I like but because of the of the spread, greedy bank won't let me buy the Ringgit at 4.25. Therefore, I need it to go to 4.28-4.30 level to get the real rate of 4.25. I will try to ask the bank again this weekend. I think tonight, we may not need see any wild swing until tomorrow (August jobs report). If job reports are strong, interest rate bear may come and scare market again. Then, we got 3 days weekend. Anyway, another trip to JB for meals and shopping trips.  This post has been edited by danmooncake: Sep 3 2015, 07:42 PM |
|
|
|
|
|
danmooncake
|
Sep 4 2015, 09:58 PM
|
|
|
The market won't let the bulls win - no matter what. bad job numbers.. .sell good job numbers.. also sell. |
|
|
|
|
|
danmooncake
|
Sep 4 2015, 10:01 PM
|
|
|
QUOTE(yok70 @ Sep 4 2015, 09:59 PM) 1850？ Gotta to watch that 1903 level first... |
|
|
|
|
|
danmooncake
|
Sep 5 2015, 12:47 AM
|
|
|
It is also long weekend. Traders take money off no matter what the job numbers are. Anyway, will try to get 1usd to rm4.25 rate buy rate this weekend. Saw the trade 4.29 already. Hopefully, it will work. |
|
|
|
|
|
danmooncake
|
Sep 8 2015, 09:04 PM
|
|
|
QUOTE(AVFAN @ Sep 8 2015, 06:20 PM) shanghai rebounded 3%. eu +2% djia futures +300. crude 45.15. big bull tonite! What a relief! |
|
|
|
|
|
danmooncake
|
Sep 8 2015, 09:50 PM
|
|
|
Must take a little ikan bilis and goreng even for this gap up. Tomorrow AAPL announcement. |
|
|
|
|
|
danmooncake
|
Sep 9 2015, 12:40 AM
|
|
|
QUOTE(AVFAN @ Sep 8 2015, 10:53 PM) it was dicey... but guess overall, still bearish. this dwti, u gotta watch it tight, be emotionless to cut n run if u need. now... think got chance to go in again... Looks like good support for DWTI at 105 level. |
|
|
|
|
|
danmooncake
|
Sep 10 2015, 10:25 AM
|
|
|
DUMP into close.. Evil bears launched surprise attack at last hour.  |
|
|
|
|
|
danmooncake
|
Sep 10 2015, 11:17 AM
|
|
|
Btw, I got 4.26 for my ringgit.. but now buyer remorse. Today, 4.30. If I could wait one more day..  <sigh>. Also, Buy/Sell spread getting wider too. wtf?? |
|
|
|
|
|
danmooncake
|
Sep 10 2015, 11:34 AM
|
|
|
QUOTE(Hansel @ Sep 10 2015, 11:27 AM) The banks are having a liquidity squeeze. They need to earn more now. Low confidence. I admire you guys - playing day and night !  Fortunately, I didn't trade (stocks) last night.. just getting refreshment only after long weekend and peek at the market near closing. But, did enjoy myself with family during the weekend at JB. This post has been edited by danmooncake: Sep 10 2015, 11:35 AM |
|
|
|
|
|
danmooncake
|
Sep 10 2015, 09:05 PM
|
|
|
I think Ringgit is cheap too. Didn't expect it would drop to 4.37. Glad to see some support here. It needs to back down to 4.25 or below now but stay above 4.00 is ok for me. |
|
|
|
|
|
danmooncake
|
Sep 10 2015, 09:26 PM
|
|
|
QUOTE(mikehwy @ Sep 10 2015, 09:21 PM) today, hong leong conversion rate from foreign trust acc was 4.356. i might convert few dollars back to rm ? Darn.. if I've waited a few more days, 10sen more. |
|
|
|
|
|
danmooncake
|
Sep 11 2015, 08:05 AM
|
|
|
The SP500 and Dow support and resistance line since the past 2 weeks being getting narrower. I think there's going to a big move soon.. either upside or downside. Dunno where-lah! This post has been edited by danmooncake: Sep 11 2015, 08:06 AM |
|
|
|
|
|
danmooncake
|
Sep 11 2015, 09:14 PM
|
|
|
QUOTE(yok70 @ Sep 11 2015, 04:08 PM) Don, here it comes. Oil company invested in water business. PetroChina acquired a bottled water business at low profile After Sinopec,PetroChina also entered into the bottled water business. A high end water brand in China, Aershan Mineral Water, who suffered from high gearing, was acquired by PetroChina recently. Market believes that PetroChina’s move is to expand its marketing business by creating more income sources. It also helps PetroChina diversifying its business under the recent low oil price environment. Sinopec entered into the bottled water business a year ago as a way of SOE reform. However, market comments that profitability in the bottled water business may not be as high as expected given the keen competition and huge initial capex. Haha! Makes more business sense, right? People needs clean (drinking) water than cheap gas if oil continues the downward spiral, no point investing billions to dig for crude but just a few millions for water bottling plant will do. Besides.. the profit margin for bottled water can be very high. Heck, I was at Shanghai Pudong airport.. you know how much they can charge for small bottled water? RMB 45... wtf? |
|
|
|
|
|
danmooncake
|
Sep 21 2015, 08:43 PM
|
|
|
QUOTE(AVFAN @ Sep 21 2015, 03:55 PM) opec comments, iran, rig count seem not to matter much, usually fizzles out in a day or 2. the biggie is the hedge funds - i will not go against their longs and shorts! their positions can change quickly, interesting days ahead... QUOTE(Hansel @ Sep 21 2015, 04:11 PM) The prb is as bolded. They can always take on new short positions after they closed out the earlier ones. Tough to take either direction because it can gaps up so much the next day. I'm still neutral here for oil/energy.. it seems to be forming a base here if it can hold psyhe $40 support level. No trading last week and this week. Too busy with other paperwork. Got my Ringgit settled and making the big purchase in JB. Hopefully, you guys continue to catch some good quality groupers!  |
|
|
|
|
|
danmooncake
|
Sep 24 2015, 11:38 PM
|
|
|
QUOTE(AVFAN @ Sep 24 2015, 10:50 PM) all very quiet today? tough market... dow -250. crude yo-yo, hard to follow. yellen speaking at 5am. better stay out... oh... rm now 4.44. OMG... 4.44 (si si si), not a good number at all. |
|
|
|
|
|
danmooncake
|
Sep 28 2015, 10:44 PM
|
|
|
QUOTE(mikehwy @ Sep 28 2015, 09:20 PM) just finished reading some top financial houses analysts comment on rm.... rm will remain sluggish (actually they were trying to say 'declining' or weak) due to ... potential fed dec hike weakening china economy declining prices in crude n palm oil unpredictable local political arena which of the above will reverse the direction to push rm? i doubt it ... damn gloomy weather around these days QUOTE(AVFAN @ Sep 28 2015, 07:01 PM) looks like bear tonite. dow - 1xx europe -1.5-2% crude 44.80 btw, rm is now 4.42, how low will it go? still, utterly confused whether to buy and buy what! You know, I felt only last 2 maybe internal factors but should not have cause the ringgit to slump like this unless Malaysians also dumping Ringgit. This post has been edited by danmooncake: Sep 28 2015, 10:46 PM |
|
|
|
|
Quote
0.0551sec
0.35
7 queries
GZIP Disabled