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.

Tq Mike, Dan And AV... Looks like it's true that the world still has faith in our RM, starting with our neighbouring ctry. But has the RM truly bottomed out ?

latest ...

brazil is doowngraded to JUNK. its investment status is now nil.

NZ dollar plunged today. looking serious.

u got more sgd ma...
dun worry will get bigger fatter chance.

maybe can short some of these currencies!

y is dwti falling when wti moving down from +0.45 to ow +0.19?

latest: brazilian factor is pulling down US futures and indices now

it closed 120 last night.

crude has yo-yo-ed throughout the day, now a little higher than 2.30am closing last night.

think wti will fall, can go in dwti very soon.

emm, same though but need a larger -ve margin before getting in. my local broker'sis high, 0.75 after special rebate.

yep, harder for u.

such a brokerage%, simply can't trade the normal ones, only the 3x ones.

haha, ya.
waiting for wti to hit days high of 45, then yum yum yummy.

This post has been edited by mikehwy: Sep 10 2015, 10:34 PM

latest ...

3 of china's largest broker houses plunged in market prices due t0 recent gomen's restrictions on shorting and margins ....

some OIL DATA coming out at 11. might change the trend direction ...

This post has been edited by mikehwy: Sep 10 2015, 10:47 PM

i wrote below a week ago.

for crude, maybe it will happen again - it's an urge to rally before the data.

then... good data or bad data, it's a selloff. the nature of the beast.

kiddy bull...

sold off last bits during the highs except dwti.

wti... seems wanna rally but dow not rallying.

now can go sleep, see what beast will come next few days.

goodnight...

This post has been edited by AVFAN: Sep 11 2015, 02:53 AM

a surprise bull....although kiddy one....

This post has been edited by yok70: Sep 11 2015, 05:49 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

u can actually "feel" it... both bulls and bears ready to switch sides anytime.

there are now so many articles and views on whether fed will hike rates or take a hike for now.

fed makes china market nervous and china makes us market nervous...

think it will be awfully jittery until sep 17.


plus, every report seems to say crude will stay low, go lower into 2016... does look like it.
http://www.theedgemarkets.com/my/article/o...t-defend-prices
http://www.bloomberg.com/news/articles/201...on-growing-glut

Another way to look at it is : things are jittery now.

If the Fed hikes on Sep 17, things will change,... perhaps into a more stable and predictable mkt ?

If no hike, then things will continue to be jittery, as it is now... So, 'no change from now if no hike',... we continue to behave as we are now.

Managed to close half of my short on oil, feel uncomfortable with 61.8 % fibo@ 53.
I'm expecting huge mini rallies before big crash.