New thread
This post has been edited by bennike129: Jul 14 2015, 10:17 PM
USA Stock Discussion v7, Greece Debt Crisis!
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  Jul 14 2015, 10:16 PM, updated 10y ago
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#1
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Senior Member
2,455 posts Joined: Aug 2008 From: Malaysia   
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Jul 14 2015, 10:30 PM
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#2
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(bennike129 @ Jul 14 2015, 10:16 PM) nice!oil/energy stocks rally!! |
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Jul 14 2015, 11:35 PM
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#3
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Validating
1,525 posts Joined: Oct 2012 
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LVS, BAC, MPEL, BZH, C, ETFC, AA, AAPL, KO, RF, NBG? So many .. What to pick? Long Term Investor or Short Term Trader?
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Jul 15 2015, 01:30 AM
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#4
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Jul 14 2015, 10:30 PM) nice! oil rallying from 50+ because of iran deal. it was reported that iran's oil export will take time and some hiccup from oil producing nations. congrats to those who long it after the deal!!! Bravo! oil/energy stocks rally!!  This post has been edited by mikehwy: Jul 15 2015, 01:31 AM |
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Jul 15 2015, 01:39 AM
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#5
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Jul 15 2015, 01:30 AM) oil rallying from 50+ because of iran deal. it was reported that iran's oil export will take time and some hiccup from oil producing nations. congrats to those who long it after the deal!!! Bravo! very volatile man...!now going short.  |
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Jul 15 2015, 04:33 AM
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#6
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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tomorrow should be interesting....
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Jul 15 2015, 11:18 AM
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#7
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(AVFAN @ Jul 15 2015, 01:39 AM) very volatile man...! Don't short lah!... I think it's going to hold here at $50.now going short. Maybe we got a range play $50 to $60 until end of the year. |
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Jul 15 2015, 02:48 PM
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#8
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(danmooncake @ Jul 15 2015, 11:18 AM) Don't short lah!... I think it's going to hold here at $50. i trade crude etf longs n shorts very short term, 1-2 days, sometimes intraday.Maybe we got a range play $50 to $60 until end of the year. 51-52, 52-53, i.e. 2% range can offer plenty of plays! but already said, i play with coins only.  such plays i do is also to "insure" against the xle and oih i hv when i smell an avalanche. for same reason, it also means i tend to short crude more than long for quick coin plays.  the oil bulls and bears been fighting all night at 53.10 we'll see which one gives way tonite - china, iran, greece, fed factors again and again. my bet is on the bears.  |
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Jul 16 2015, 01:32 AM
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#9
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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no show?
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Jul 16 2015, 02:10 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 16 2015, 01:32 AM) no show? already watched 2 tv shows! aapl's back to almost 127, so if u got it close to 120, very good! oil is down, looks like going to 51, so i was "right". time to sleep, bonne nuit. |
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Jul 16 2015, 02:53 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 16 2015, 02:10 AM) already watched 2 tv shows! never bought enough on this fruit. aapl's back to almost 127, so if u got it close to 120, very good! oil is down, looks like going to 51, so i was "right". time to sleep, bonne nuit. Wish it could come down to below 120 again. It's been testing at around 120 many times since beginning of the year.  |
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Jul 16 2015, 11:41 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 16 2015, 02:53 AM) never bought enough on this fruit. i did top up at about 122, not too bad. Wish it could come down to below 120 again. It's been testing at around 120 many times since beginning of the year. but the way the price been behaving lately, i'm no longer that bullish about it. seriously, i suggest a look at xlv - this healthcare etf is on track for continuing multi-yr stellar performance: http://etfdb.com/etf/XLV/#performance |
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Jul 16 2015, 03:57 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 16 2015, 11:41 AM) i did top up at about 122, not too bad. appl still on sideline for almost a year now, so it could breakout either way, 50:50. But since i bullish on it long term, my wish is it could breakout downwards....best go back 110. but the way the price been behaving lately, i'm no longer that bullish about it. seriously, i suggest a look at xlv - this healthcare etf is on track for continuing multi-yr stellar performance: http://etfdb.com/etf/XLV/#performance  i'm not familiar with healthcare sector, so not dare to play. quite interested on finance sector though....but i guess i'd missed the train (for 2 years), chase high is worrying. This post has been edited by yok70: Jul 16 2015, 03:58 PM |
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Jul 16 2015, 04:07 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 16 2015, 03:57 PM) appl still on sideline for almost a year now, so it could breakout either way, 50:50. But since i bullish on it long term, my wish is it could breakout downwards....best go back 110. if appl goes below 115 in absence of a severe market crash, no point keeping - i will dump them all to realize just the fx gain. i'm not familiar with healthcare sector, so not dare to play. quite interested on finance sector though....but i guess i'd missed the train (for 2 years), chase high is worrying. that health etf is not for play but for "retirement" - it's my best performer for last 12 months. |
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Jul 16 2015, 04:19 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 16 2015, 04:07 PM) if appl goes below 115 in absence of a severe market crash, no point keeping - i will dump them all to realize just the fx gain. great that you found your "retirement fund". that health etf is not for play but for "retirement" - it's my best performer for last 12 months.  well, the fruit is one of my retirement fund, expecting a 10x gain hopefully before i died. Agree with you, if it fell below even just 118, i guess that could trigger panic sell on TA concern. That's where i prepare my elephant gun at low 110s. and also accumulating china stocks through hk market while many panic and jumping around in fear. these are my retirement fund as well.  sadly, it's extremely hard to find a retirement fund on bursa. I see Panamy as one, but growth is limited since its dependency on local market is too high and growth in malaysia is limited (unlike china). This post has been edited by yok70: Jul 16 2015, 04:27 PM |
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Jul 16 2015, 04:23 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 16 2015, 04:19 PM) great that you found your "retirement fund". i will check with you on china/hk when the time comes. well, the fruit is one of my retirement fund, expecting a 10x gain hopefully before i died. and also accumulating china stocks through hk market while many panic and jumping around in fear. these are my retirement fund as well. i need to build up a bit more on my "retirement" funds. btw... there is no china/hk stocks thread, is there? haven't noticed any... |
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Jul 16 2015, 04:31 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 16 2015, 04:23 PM) i will check with you on china/hk when the time comes. now the most hateful thing is weak RM! buy now, we are losing instantly a 6-8% (if, a big if, RM could rebound that range in future... i need to build up a bit more on my "retirement" funds. btw... there is no china/hk stocks thread, is there? haven't noticed any... ). thanks to our country's famous corruptions!  |
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Jul 16 2015, 04:35 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 16 2015, 04:31 PM) now the most hateful thing is weak RM! buy now, we are losing instantly a 6-8% (if, a big if, RM could rebound that range in future... i think otherwise - now is a good time to buy any fx with rm! ). thanks to our country's famous corruptions! why i think that: https://forum.lowyat.net/topic/3461956/+920 |
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Jul 16 2015, 05:11 PM
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#19
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Senior Member
2,906 posts Joined: May 2015
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Yeah NFLX is up 12 percent in pre market trading. Anyway with the Greece drama over for now looks like we will see a good evening.
Here are the pre market indicators (as of this post): Dow - 18,053.00 +61.00 Nasdaq 100 - 4553.30 +18.80 S&P 500 - 2112.00 +7.75 Russell 2000 - 1267.70 +4.20 |
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Jul 16 2015, 06:45 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(ILoveLalat.net @ Jul 16 2015, 05:11 PM) Yeah NFLX is up 12 percent in pre market trading. Anyway with the Greece drama over for now looks like we will see a good evening. U got Netflix? Never checked... Is it in s&p or Nasdaq?Here are the pre market indicators (as of this post): Dow - 18,053.00 +61.00 Nasdaq 100 - 4553.30 +18.80 S&P 500 - 2112.00 +7.75 Russell 2000 - 1267.70 +4.20 Yes, tonite should be.... Bull. |
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Jul 16 2015, 06:58 PM
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(AVFAN @ Jul 16 2015, 06:45 PM) U got Netflix? Never checked... Is it in s&p or Nasdaq? De factoly owned Yes, tonite should be.... Bull. Being straddling the options for quite a while now. It is in both the S&P and the Nasdaq 100. This post has been edited by ILoveLalat.net: Jul 16 2015, 06:59 PM |
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Jul 16 2015, 07:29 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(ILoveLalat.net @ Jul 16 2015, 06:58 PM) De factoly owned alright, gud for you! Being straddling the options for quite a while now. It is in both the S&P and the Nasdaq 100. but do you hv netflix at home? i had a free short period, wasn't impressed due to non-hd which is due to geo-restrictions, i know. but i see there is a great future in reasonably price iptv service. here, they gotta ask the bigshots in tm and astro for permission. |
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Jul 16 2015, 07:35 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 16 2015, 07:29 PM) alright, gud for you! huge competitor: the fruit. but do you hv netflix at home? i had a free short period, wasn't impressed due to non-hd which is due to geo-restrictions, i know. but i see there is a great future in reasonably price iptv service. here, they gotta ask the bigshots in tm and astro for permission. |
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Jul 16 2015, 07:52 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 16 2015, 07:35 PM) huge competitor: the fruit. that's what i read... the fruit is cooking something. when...? |
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Jul 16 2015, 08:32 PM
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(AVFAN @ Jul 16 2015, 07:29 PM) alright, gud for you! Nope, no Netfix for me. Yeah Netfix is one of the big hot shots for investments with its streaming services and definitely fits the criteria that should be on my radar.but do you hv netflix at home? i had a free short period, wasn't impressed due to non-hd which is due to geo-restrictions, i know. but i see there is a great future in reasonably price iptv service. here, they gotta ask the bigshots in tm and astro for permission. |
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Jul 16 2015, 08:43 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 16 2015, 07:52 PM) that's what i read... the fruit is cooking something. when...? remains mystery until unfold...the fruit style. |
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Jul 16 2015, 09:41 PM
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All Stars
24,453 posts Joined: Nov 2010
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bull, nice!
crude has a major battle going on 51.70 for the last few hours. bull and bears... doesn't look like a clear winner will emerge soon. my bet... still on bears. |
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Jul 16 2015, 10:21 PM
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All Stars
24,453 posts Joined: Nov 2010
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well... the way see it, the crude bears just won this round, down to 51.20.
took my profit, now about to go long... wish bro j is here...  |
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Jul 16 2015, 11:58 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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2135 coming?
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Jul 17 2015, 12:34 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 16 2015, 11:58 PM) 2135 coming? so fast meh?took a lot of sweat to return to 2120! anyway, happy to see spy >212 again, aapl >128. been a while... This post has been edited by AVFAN: Jul 17 2015, 12:35 AM |
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Jul 17 2015, 03:37 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 17 2015, 12:34 AM) so fast meh? sigh! no more cheap fruit...for a while. took a lot of sweat to return to 2120! anyway, happy to see spy >212 again, aapl >128. been a while... |
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Jul 17 2015, 11:49 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 17 2015, 03:37 AM) sigh! no more cheap fruit...for a while. the fruit will continue to do what it has been doing - hang around 128-130, then dip to 125 over 3 months, then repeat... peace and quiet...? this looks enticing: QUOTE China H-Share Analysts See 20% Gain on Valuations Rarely So Low http://www.bloomberg.com/news/articles/201...s-rarely-so-low about hkd portal in itrade... is there an equivalent to FXI? FXI China H shares holdings: http://etfdb.com/etf/FXI/#holdings |
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Jul 17 2015, 01:26 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 17 2015, 11:49 AM) the fruit will continue to do what it has been doing - hang around 128-130, then dip to 125 over 3 months, then repeat... peace and quiet...? i worried fruit may breakout 132.50 this time since too many bullish news lately (Greece, china, US quarter reports, even Iran).....however, fed's rate hike fear may strike back when we close to sept.... this looks enticing: about hkd portal in itrade... is there an equivalent to FXI? FXI China H shares holdings: http://etfdb.com/etf/FXI/#holdings cimbc50 is a H share index fund in bursa without dividend. if play 2828 listed in hk, that one got about 3% yield in history, and the swing is much bigger than cimbc50 (i was wondering why). This post has been edited by yok70: Jul 17 2015, 01:29 PM |
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Jul 17 2015, 01:47 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 17 2015, 01:26 PM) cimbc50 is a H share index fund in bursa without dividend. itrade bursa cimbc50 is very low volume... can't do. is that the only H shares fund?if play 2828 listed in hk, that one got about 3% yield in history, and the swing is much bigger than cimbc50 (i was wondering why). itrade hong kong equities or hkd... 02828... ah yes, will check out this one, tq. This post has been edited by AVFAN: Jul 17 2015, 02:02 PM |
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Jul 17 2015, 10:07 PM
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All Stars
24,453 posts Joined: Nov 2010
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not much action tonite except crude.
oil/energy stocks taking a beating... crude looks like wanting to crash below 50 soon. been one hell of a ride... short, long, short non-stop! still ok for now... |
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Jul 18 2015, 12:52 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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wow! google!!
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Jul 18 2015, 02:11 AM
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All Stars
24,453 posts Joined: Nov 2010
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don't have google but have qqq which has like 3.5% google.
so, good too. |
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Jul 18 2015, 02:31 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 18 2015, 02:11 AM) don't have google but have qqq which has like 3.5% google. very nice! so, good too. i don't have google either, just watching show. |
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Jul 18 2015, 10:45 AM
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All Stars
10,123 posts Joined: Aug 2007
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The Fruit has been good.... 120 last week.. now 129. Nice!!!!
Still hanging on here! |
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Jul 18 2015, 11:27 AM
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All Stars
14,990 posts Joined: Jan 2003
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QUOTE(danmooncake @ Jul 18 2015, 10:45 AM) The Fruit has been good.... 120 last week.. now 129. Nice!!!! It was 133 in March Still hanging on here!  |
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Jul 18 2015, 11:28 AM
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All Stars
24,453 posts Joined: Nov 2010
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earnings season, mostly good. plus low vix.
think most sectors will bull for next 3 months. s&p, tech, healthcare, biotech all returned or about to return to last highs. so, very nice! the only drag and a big one is oil/energy. coming earnings reports should mostly be ugly. rate hike reaffirmed for sep/oct; usd is now gaining again, >0.92 euro. a lot more pain for the sector if crude breaks 50.00 support. will have to watch this sector very closely. |
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Jul 19 2015, 01:36 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(wodenus @ Jul 18 2015, 11:27 AM) It was 133 in March Be patient.. it will get there. Now, it just need a catalyst (like earnings next week).If it is good... it may even propel it higher than 133... perhaps 140'ish. The funds wanted another GOOG like tech stock to move QQQ even higher. |
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Jul 19 2015, 01:37 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(AVFAN @ Jul 18 2015, 11:28 AM) the only drag and a big one is oil/energy. Agree... energy and materials been lagging. Same goes for Gold and Silver.  |
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Jul 19 2015, 05:16 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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now nobody likes precious metals and oil, i bet for at least until end of 2015.
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Jul 19 2015, 07:14 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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errr....2141 coming?
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Jul 19 2015, 05:28 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 19 2015, 07:14 AM) errr....2141 coming? that will mean spy at 214 which will imply 3.3% gain since jan.3.3% for 8-9 months...ok, i guess. |
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Jul 19 2015, 06:00 PM
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Senior Member
9,348 posts Joined: Aug 2010
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-marked-
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Jul 19 2015, 06:04 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(Hansel @ Jul 19 2015, 06:00 PM) -marked- don't "mark" la...come join us, tell us what u hv as "retirement" funds. i am just starting, like to hear from u. |
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Jul 20 2015, 12:08 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(danmooncake @ Jul 19 2015, 01:37 AM) Agree... energy and materials been lagging. Same goes for Gold and Silver. u said it! Gold hits 5-year low as bets mount on Fed hike can expect crude to follow suit... |
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Jul 20 2015, 12:40 PM
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Senior Member
28,187 posts Joined: Mar 2007 From: Underworld 
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QUOTE(danmooncake @ Jul 19 2015, 01:37 AM) Agree... energy and materials been lagging. Same goes for Gold and Silver. market might need to show signs of crashing down and no confidence in currency and when the big hot money to place their $$$ in the metal, that will be gold and silver timing...my 1 cent |
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Jul 20 2015, 04:47 PM
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Senior Member
9,348 posts Joined: Aug 2010
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QUOTE(AVFAN @ Jul 19 2015, 07:04 PM) don't "mark" la... Alright,... I am more into trusts and REITs wgich provide income. Currentluy in energy, finance, healthcare and consumer goods sectors. All doing well in terms of cap gain(good margin-of-safety) except for the energy trust. The energy trust suffered pricing-wise, but still giving out an acceptable yield, ie still giving out DPU.. am thnking hard of averaging down further, but still cant decide on the entry price yet.come join us, tell us what u hv as "retirement" funds. i am just starting, like to hear from u. Guys,... when the Iran sanctions are lifted, there will be more supply of crude into the world mkts. MOre supply,... can go below USD50 per bbl ? This post has been edited by Hansel: Jul 20 2015, 04:52 PM |
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Jul 20 2015, 04:57 PM
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Senior Member
9,348 posts Joined: Aug 2010
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QUOTE(Bonescythe @ Jul 20 2015, 01:40 PM) market might need to show signs of crashing down and no confidence in currency and when the big hot money to place their $$$ in the metal, that will be gold and silver timing... Wont be easy - historically, gold price always has an Inverse Co-relation with USD strength. The FOMC is SURE to hike interst rates soon, which is sure to strengthen the USD - can't avoid this. And hence, if history is to repeat itself, then the final effect will be gold price is sure to drop. UNTIL.... the FOMC says they intend to stop hking interest rates. my 1 cent  |
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Jul 20 2015, 06:27 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(Hansel @ Jul 20 2015, 04:47 PM) Alright,... I am more into trusts and REITs wgich provide income. Currentluy in energy, finance, healthcare and consumer goods sectors. All doing well in terms of cap gain(good margin-of-safety) except for the energy trust. The energy trust suffered pricing-wise, but still giving out an acceptable yield, ie still giving out DPU.. am thnking hard of averaging down further, but still cant decide on the entry price yet. thanks for sharing... can u name a couple of reits for me to check on?Guys,... when the Iran sanctions are lifted, there will be more supply of crude into the world mkts. MOre supply,... can go below USD50 per bbl ? also, div tax of 30% does not bother you? crude <50? it might get there this week! |
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Jul 20 2015, 07:15 PM
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Senior Member
3,109 posts Joined: Aug 2007 From: Malaysia > Singapore
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QUOTE(AVFAN @ Jul 20 2015, 07:27 PM) thanks for sharing... can u name a couple of reits for me to check on? Found some of the US REITs that come with 10%+ div.... i also concern about the tax of 30% (non us citizen).... maybe buy in huge batch and hold for long term.... ? Please advice on this Sifu also, div tax of 30% does not bother you? crude <50? it might get there this week!  |
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Jul 20 2015, 07:16 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(Hansel @ Jul 20 2015, 04:57 PM) Wont be easy - historically, gold price always has an Inverse Co-relation with USD strength. The FOMC is SURE to hike interst rates soon, which is sure to strengthen the USD - can't avoid this. And hence, if history is to repeat itself, then the final effect will be gold price is sure to drop. UNTIL.... the FOMC says they intend to stop hking interest rates. Aunty Yellen been talking about "possible" rate hike since late last year.. and all she says is data dependent.Market been anticipating this move, and dollar been moving up and up.. and now back to parity as if it already happened.  So, what exactly is the rate hike? It turns out to be 25bps. Then, they'll pause for another 6-12 months.  I think what's going to happen is when the actual rate is raised, Dollar will drop, commodities like gold, oil, copper will reverse course. |
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Jul 20 2015, 07:26 PM
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Senior Member
2,906 posts Joined: May 2015
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Another day, another green
Pre-Market Indicator Dow - 18019.00 +22.00 Nasdaq 100 - 4658.50 +8.50 S&P 500 - 2120.75 +2.00 Looks like Morgan Stanley just top their estimates and with Apple reporting tomorrow and the recent case with Google and Netflix topping the charts, looks like the earnings report is just the beginning. By the way, any suggestion if the SPY is a perfect indicator for how the market will react at the open? This post has been edited by ILoveLalat.net: Jul 20 2015, 07:26 PM |
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Jul 20 2015, 08:00 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(danmooncake @ Jul 20 2015, 07:16 PM) I think what's going to happen is when the actual rate is raised, Dollar will drop, commodities like gold, oil, copper will reverse course. that's precisely what i think will happen - "overshoot" or "buy on the rumur, sell on the fact" syndrome. be prepared to take profits when it comes. QUOTE(ILoveLalat.net @ Jul 20 2015, 07:26 PM) Looks like Morgan Stanley just top their estimates and with Apple reporting tomorrow and the recent case with Google and Netflix topping the charts, looks like the earnings report is just the beginning. i hv watached aapl for the last 2 qtrs earnings reporting euphoria. one was boom-boom the other was zzz... By the way, any suggestion if the SPY is a perfect indicator for how the market will react at the open? SPY is s&p500/10 in usd. dunno what else! |
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Jul 20 2015, 08:45 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 20 2015, 08:00 PM) that's precisely what i think will happen - "overshoot" or "buy on the rumur, sell on the fact" syndrome. be prepared to take profits when it comes. |
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Jul 20 2015, 08:47 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 20 2015, 08:45 PM) oh if you plan to take profit on rate hike syndrome, you should start selling now since the drop could be fast as the rally been fast. oh no, not now.i watch every move yellen makes. actually... can watch many things for signs... gold, crude, euro, heck, even rm! |
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Jul 20 2015, 09:06 PM
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(AVFAN @ Jul 20 2015, 08:00 PM) SPY is s&p500/10 in usd. dunno what else! Because there was this one time that I always suggest to follow SPY as the opening indicator than futures and one of the mentioned it is unreliable but I find it the most accurate indicator of all. This post has been edited by ILoveLalat.net: Jul 20 2015, 09:07 PM |
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Jul 20 2015, 10:16 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(ILoveLalat.net @ Jul 20 2015, 09:06 PM) Because there was this one time that I always suggest to follow SPY as the opening indicator than futures and one of the mentioned it is unreliable but I find it the most accurate indicator of all. i am more use to djia but think same - just indices... one heavyweights, one broader market. not detached from each other.tonite, aapl big winner. big loser - oil/energy, as expected. think more pain coming... |
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Jul 20 2015, 11:50 PM
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Senior Member
9,348 posts Joined: Aug 2010
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QUOTE(davidcch07 @ Jul 20 2015, 08:15 PM) Found some of the US REITs that come with 10%+ div.... i also concern about the tax of 30% (non us citizen).... maybe buy in huge batch and hold for long term.... ? Please advice on this Sifu If a ctr has 10% yield, after a 30% tax, still get to earn 7%, better than local Msian FD, right ? And coupld with the appreciation of the USD against the RM, mor advantage there. Ths can be an instrumnt under : buy foreign assets, and not hold foreign cash. |
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Jul 21 2015, 12:00 AM
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Senior Member
9,348 posts Joined: Aug 2010
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QUOTE(danmooncake @ Jul 20 2015, 08:16 PM) Aunty Yellen been talking about "possible" rate hike since late last year.. and all she says is data dependent. Too much 'noise' from our auntie. Jus prepare for the hike. Too many guessing games,... creating too much headache and anxiety. The hike wil come, sooner or later. After the actual event, if the USD strengthens further, that's expectd. If it's 'the buy on rumour, sell on event' thing takes place, I'll stil hold-on to my USD-based assets. The USD will turn around again - because of,... FUNDAMENTALS. No problem for me - I'm a long-term holder. I'll just focus on accumulatng more bullets to make (accumulate) more acquisitions.Market been anticipating this move, and dollar been moving up and up.. and now back to parity as if it already happened. So, what exactly is the rate hike? It turns out to be 25bps. Then, they'll pause for another 6-12 months. I think what's going to happen is when the actual rate is raised, Dollar will drop, commodities like gold, oil, copper will reverse course. |
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Jul 21 2015, 02:33 AM
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All Stars
24,453 posts Joined: Nov 2010
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aapl surprisingly fiery, looks like wanting to set new high.
and crude struggles to stay above 50... |
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Jul 21 2015, 04:43 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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ibm beats on profit, shorts on revenue. margin improves. cloud revenue up 70%....
 This post has been edited by yok70: Jul 21 2015, 04:47 AM |
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Jul 21 2015, 09:57 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(AVFAN @ Jul 21 2015, 02:33 AM) aapl surprisingly fiery, looks like wanting to set new high. I'm still holding the new batch (aapl)... just wish I went all in last week.. but heck, can't be greedy right. and crude struggles to stay above 50... This post has been edited by danmooncake: Jul 21 2015, 10:04 AM |
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Jul 21 2015, 10:09 AM
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Senior Member
3,109 posts Joined: Aug 2007 From: Malaysia > Singapore
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QUOTE(Hansel @ Jul 21 2015, 12:50 AM) If a ctr has 10% yield, after a 30% tax, still get to earn 7%, better than local Msian FD, right ? And coupld with the appreciation of the USD against the RM, mor advantage there. thanks... Ths can be an instrumnt under : buy foreign assets, and not hold foreign cash. |
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Jul 21 2015, 10:24 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(davidcch07 @ Jul 20 2015, 07:15 PM) Found some of the US REITs that come with 10%+ div.... i also concern about the tax of 30% (non us citizen).... maybe buy in huge batch and hold for long term.... ? Please advice on this Sifu i hv no exp with us reits, know nothing! will stick to sg reits/div stocks which hv been excellent so far. QUOTE(danmooncake @ Jul 21 2015, 09:57 AM) I'm still holding the new batch (aapl)... just wish I went all in last week.. but heck, can't be greedy right. can never get it all.i'm quite happy to have added at 122. still holding xle? i dumped all oil/energy last week. took losses but compensated partly by earnings from a series of crude shorts. think crude will go lower still. |
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Jul 21 2015, 04:23 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(danmooncake @ Jul 21 2015, 09:57 AM) I'm still holding the new batch (aapl)... just wish I went all in last week.. but heck, can't be greedy right. me too....regret bought too little.... |
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Jul 21 2015, 10:23 PM
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Senior Member
9,348 posts Joined: Aug 2010
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QUOTE(AVFAN @ Jul 21 2015, 11:24 AM) i hv no exp with us reits, know nothing! Fortunaltely, I bought the yielding energy ctr. I'll ride it out while continuing to collect my div. No need to cutloss and dump because don't need the money now. MIght evn buy more. will stick to sg reits/div stocks which hv been excellent so far. can never get it all. i'm quite happy to have added at 122. still holding xle? i dumped all oil/energy last week. took losses but compensated partly by earnings from a series of crude shorts. think crude will go lower still. |
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Jul 21 2015, 10:34 PM
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All Stars
24,453 posts Joined: Nov 2010
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dem...!
talked too long on the phone just now, missed shorting at 51.30! august futures expiry today, so u know... |
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Jul 22 2015, 01:43 AM
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All Stars
24,453 posts Joined: Nov 2010
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aapl earnings report due after hours at 4.35am.
now down 0.95 at 131.12. let's hope what happened after last report doesn't repeat. |
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Jul 22 2015, 04:01 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 22 2015, 01:43 AM) aapl earnings report due after hours at 4.35am. what is your wish？ good fruit or bad fruit results? now down 0.95 at 131.12. let's hope what happened after last report doesn't repeat. crazy bear in fruit after market...hohoho..... This post has been edited by yok70: Jul 22 2015, 04:31 AM |
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Jul 22 2015, 09:57 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 22 2015, 04:01 AM) what is your wish？ good fruit or bad fruit results? aapl after hours close at 121.80, -7.8%. crazy bear in fruit after market...hohoho..... |
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Jul 22 2015, 11:22 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(AVFAN @ Jul 22 2015, 09:57 AM) aapl after hours close at 121.80, -7.8%. WTF.. oh frack..who shook the apple tree?  This post has been edited by danmooncake: Jul 22 2015, 11:22 AM |
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Jul 22 2015, 11:41 AM
Show posts by this member only | IPv6 | Post
#76
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Senior Member
2,906 posts Joined: May 2015
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GPRO surged more than 6% from the its 11am low. Anyone who did that is definitely lucky.
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Jul 22 2015, 12:11 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(danmooncake @ Jul 22 2015, 11:22 AM) WTF.. oh frack..who shook the apple tree? me counting my coins in my piggy bank and soon collecting few fruits ... 121? woo .... really 121? wow! |
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Jul 22 2015, 12:26 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(ILoveLalat.net @ Jul 22 2015, 11:41 AM) GPRO surged more than 6% from the its 11am low. Anyone who did that is definitely lucky. gpro and its supplier, amba...i have traded them a few times. very volatile, quite common to see 5-8% range for day trades. too chicken to keep long term. QUOTE(danmooncake @ Jul 22 2015, 11:22 AM) WTF.. oh frack..who shook the apple tree? it seems to be repeating what was seen in last qtr.rammed up before earnings report, then dive upon the data. recover a bit the day after, then drift lower, lower... repeat after 3 months, next qtr. will hv to consider selling when it returns to 130ish... |
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Jul 22 2015, 03:19 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(danmooncake @ Jul 22 2015, 11:22 AM) WTF.. oh frack..who shook the apple tree? they said profit good but forecast number not nice woh.....well, forecast number they worried....  |
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Jul 22 2015, 05:23 PM
Show posts by this member only | IPv6 | Post
#80
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Senior Member
2,906 posts Joined: May 2015
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Looks like a gloomy opening today.
Pre-Market Indicator Dow - 17,797.00 -69.00 Nasdaq 100 - 4,617.25 -49.25 S&P 500 - 2,107.25 -7.25 And...AAPL alone is indicated to shave 46.30 points from the Dow alone. |
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Jul 22 2015, 07:44 PM
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All Stars
24,453 posts Joined: Nov 2010
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futures improving... coke and boeing earnings beat estimates.
still, the fruit will weigh. plus crude falling, falling... think i'll look at fxi and fxp tonite. |
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Jul 22 2015, 09:38 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(AVFAN @ Jul 22 2015, 07:44 PM) futures improving... coke and boeing earnings beat estimates. Crude still hanging on to $50 so far.. but the floor shaky.. still, the fruit will weigh. plus crude falling, falling... think i'll look at fxi and fxp tonite. |
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Jul 22 2015, 09:43 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(danmooncake @ Jul 22 2015, 09:38 PM) Crude still hanging on to $50 so far.. but the floor shaky.. broken... heading for 47, i think! |
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Jul 22 2015, 10:22 PM
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Senior Member
2,906 posts Joined: May 2015
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*sigh, the GPRO straddle is going against me. After I found out, the stock did rally more than 20% "before the earnings"
Anyway, scalp out some put options for a 8 percent gain on put options. Still a loss though. |
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Jul 22 2015, 10:32 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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oil may retest previous low....not looking good for short term.
fruit story too fast too furious.....guess not like market. bet it will drop further before steady rebounding. broad market....looking at correction....see can reach 2050 or not.... |
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Jul 22 2015, 11:01 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 22 2015, 10:32 PM) oil may retest previous low....not looking good for short term. oil will be cheap until sometime in 2016, no escape.china can use cheap oil; i just took some fxi. will hunt hk 02828 tmrw. |
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Jul 23 2015, 02:28 AM
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All Stars
24,453 posts Joined: Nov 2010
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anyone watching crude dive?
cruel... |
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Jul 23 2015, 02:29 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 23 2015, 02:28 AM) anyone watching crude dive? 44 coming.... cruel...  |
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Jul 23 2015, 06:43 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(yok70 @ Jul 23 2015, 02:29 AM) 44 coming.... Waah.. you're super bearish. Oil at 40'sh is like in 2009.. during recession. But, heck, where's recession now? Everyone happy go lucky. |
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Jul 23 2015, 08:14 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(danmooncake @ Jul 23 2015, 06:43 AM) Waah.. you're super bearish. it was around 44 at end jan and mid mar 2015. Oil at 40'sh is like in 2009.. during recession. But, heck, where's recession now? Everyone happy go lucky. 44 is possible as a triple bottom. but more likely to hang around 47.50. i see still plenty of chance to play crude/energy short and inverse. This post has been edited by AVFAN: Jul 23 2015, 08:15 AM |
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Jul 23 2015, 10:27 AM
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All Stars
10,123 posts Joined: Aug 2007
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Hey.. whatca know. The fruit is at good support here at 125 after so called wall street "disappointment" about their outlook.
Sales missed "analysts" estimates? Who are those analysts huh? What are they drinking? US 49.5bln revenue for last qtr with 35% growth from last year.. is a huge success in my book. Heck, enough to even pay off Malaysia 1MDB debt in one shot and lots of spare change. Najib could have invested in AAPL fund instead ... I think we got good buying opportunity again if it dives down below 120 again.  This post has been edited by danmooncake: Jul 23 2015, 10:29 AM |
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Jul 23 2015, 10:45 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(danmooncake @ Jul 23 2015, 10:27 AM) Hey.. whatca know. The fruit is at good support here at 125 after so called wall street "disappointment" about their outlook. here's the thing i dun quite follow.so much already returned to shareholders via buyback? yet the price have not improved since buyback announcement made in apr. what would happen if the buyback is reduced or halted? QUOTE Apple is also seeking to return more of its growing cash hoard to investors. In April, the company unveiled plans to boost capital return program by $70 billion, increasing a share-buyback authorization by $50 billion and increasing dividends by 11 percent. At the end of June quarter, the company had returned $126 billion of its $200 billion program, including $90 billion in share repurchases, Chief Financial officer Luca Maestri told analysts on Tuesday. http://www.bloomberg.com/news/articles/201...h-held-overseas |
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Jul 23 2015, 11:19 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(AVFAN @ Jul 23 2015, 10:45 AM) here's the thing i dun quite follow. Not just AAPL, lots of other companies (INTC, WFC, XOM, GILD) are doing this to pump up their EPS.so much already returned to shareholders via buyback? yet the price have not improved since buyback announcement made in apr. what would happen if the buyback is reduced or halted? I think buy back won't stop because they got tons of cash and no where to go. Eventually, price will improve because of the reduction of shares in market and earnings continue to improve. Maybe even more volatile too. This post has been edited by danmooncake: Jul 23 2015, 11:19 AM |
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Jul 23 2015, 05:51 PM
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Senior Member
2,906 posts Joined: May 2015
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After 2 days of red sea, we may finally get a green!
Pre-Market Indicator Dow - 17809.00 +24.00 Nasdaq 100 - 4627.75 +10.25 S&P 500 - 2111.00 +3.00 Looks like MCD, CMCSA will announcing their earnings soon while AMZN, T with TRIP will be announcing their earnings during after hours later, everyone is keeping a wait and see attitude. And surprise, it seems WTI Crude is below 50 again. Wonder if it will ever rebound? This post has been edited by ILoveLalat.net: Jul 23 2015, 05:53 PM |
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Jul 23 2015, 05:58 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(danmooncake @ Jul 23 2015, 11:19 AM) Not just AAPL, lots of other companies (INTC, WFC, XOM, GILD) are doing this to pump up their EPS. futures now showing aapl 126.14, up 0.73%.I think buy back won't stop because they got tons of cash and no where to go. Eventually, price will improve because of the reduction of shares in market and earnings continue to improve. Maybe even more volatile too. looks ok for now. |
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Jul 23 2015, 08:13 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(danmooncake @ Jul 23 2015, 10:27 AM) Hey.. whatca know. The fruit is at good support here at 125 after so called wall street "disappointment" about their outlook. fruit worth 200+, Ichan said. But i think it worth 400+. Sales missed "analysts" estimates? Who are those analysts huh? What are they drinking? US 49.5bln revenue for last qtr with 35% growth from last year.. is a huge success in my book. Heck, enough to even pay off Malaysia 1MDB debt in one shot and lots of spare change. Najib could have invested in AAPL fund instead ... I think we got good buying opportunity again if it dives down below 120 again. with it could correct back to 116-118, that would be nice buy. |
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Jul 23 2015, 08:14 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(ILoveLalat.net @ Jul 23 2015, 05:51 PM) After 2 days of red sea, we may finally get a green! come on, i want to see 2050. Pre-Market Indicator Dow - 17809.00 +24.00 Nasdaq 100 - 4627.75 +10.25 S&P 500 - 2111.00 +3.00 Looks like MCD, CMCSA will announcing their earnings soon while AMZN, T with TRIP will be announcing their earnings during after hours later, everyone is keeping a wait and see attitude. And surprise, it seems WTI Crude is below 50 again. Wonder if it will ever rebound? |
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Jul 23 2015, 10:58 PM
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All Stars
24,453 posts Joined: Nov 2010
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tonight looks peaceful and calm...
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Jul 23 2015, 11:24 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 23 2015, 10:58 PM) tonight looks peaceful and calm... ya, disappointed. |
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Jul 24 2015, 02:04 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 23 2015, 11:24 PM) ya, disappointed. not too bad...the fruit still gaining! crude still diving... this report is awfully gloomy for oil: QUOTE Oil Warning: The Crash Could Be the Worst in More Than 45 Years http://www.bloomberg.com/news/articles/201...e-than-45-years This post has been edited by AVFAN: Jul 24 2015, 02:26 AM |
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Jul 24 2015, 02:52 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 24 2015, 02:04 AM) not too bad... my preference for now is everything dive.... the fruit still gaining! crude still diving... this report is awfully gloomy for oil: |
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Jul 24 2015, 03:30 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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good....give me more blood please.....
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Jul 24 2015, 09:17 AM
Show posts by this member only | IPv6 | Post
#103
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Senior Member
2,906 posts Joined: May 2015
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AMZN up 17% in after hours after a surprising profit.
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Jul 24 2015, 05:06 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(ILoveLalat.net @ Jul 24 2015, 09:17 AM) AMZN up 17% in after hours after a surprising profit. consumer spending looking good overall in this quarter report. jobs data good. housing numbers good. banks stable. looks like sept rate hike unavoidable. wondering how market will react to it, it's getting close as Oct is coming. |
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Jul 24 2015, 05:11 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 24 2015, 05:06 PM) consumer spending looking good overall in this quarter report. jobs data good. housing numbers good. banks stable. looks like sept rate hike unavoidable. wondering how market will react to it, it's getting close as Oct is coming. sep, i think.usd strengthening not over. which hammers crude even harder. so, yr oil 44 or 42 may just come. |
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Jul 24 2015, 06:11 PM
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Senior Member
9,348 posts Joined: Aug 2010
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-marked-
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Jul 24 2015, 06:33 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 24 2015, 05:11 PM) sep, i think. actually i still don't get it, why everyone saying strong usd leads oil lower? please teach me. usd strengthening not over. which hammers crude even harder. so, yr oil 44 or 42 may just come. |
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Jul 24 2015, 06:36 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 24 2015, 06:33 PM) actually i still don't get it, why everyone saying strong usd leads oil lower? please teach me. becos oil is priced in usd worldwide but is produced in many places. |
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Jul 24 2015, 07:41 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 24 2015, 06:36 PM) becos oil is priced in usd worldwide but is produced in many places. When usd is strong, people don't want to buy oil because it's more expensive. Therefore oil sales for cheaper price to attract buyers back? Is this the reason why? |
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Jul 24 2015, 08:50 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 24 2015, 07:41 PM) When usd is strong, people don't want to buy oil because it's more expensive. Therefore oil sales for cheaper price to attract buyers back? Is this the reason why? this will help:http://commodities.about.com/od/researchco...dity-Prices.htm |
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Jul 24 2015, 09:18 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 24 2015, 08:50 PM) thanks for the link.hmm......still need time to digest. i mean, say i'm Malaysian. When USD strong, my ringgit is weak. So, even though oil is cheaper according to USD, but it may not be the case when i (as a consumer) buy oil using ringgit. So the cost is same, then there will be no demand increment in the world except for US. This case, how can dollar affect so much on commodities? |
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Jul 24 2015, 10:03 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 24 2015, 09:18 PM) This case, how can dollar affect so much on commodities? don't forget global economy growth is slowing less demand on commodities too.weak price in usd cum weak demand = double whammy on commodity exporting countries. did u notice aud = sgd now? |
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Jul 24 2015, 10:17 PM
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Senior Member
3,109 posts Joined: Aug 2007 From: Malaysia > Singapore
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QUOTE(AVFAN @ Jul 24 2015, 11:03 PM) don't forget global economy growth is slowing less demand on commodities too. SGD is stronger that AUD now.... weak price in usd cum weak demand = double whammy on commodity exporting countries. did u notice aud = sgd now?  |
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Jul 24 2015, 10:24 PM
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Senior Member
2,906 posts Joined: May 2015
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Got news that Clinton is proposing a sharp increase in short-term capital taxes. Will we be affected?
----------------------- Hillary Clinton proposes sharp increase in short-term capital gains taxes Everett Rosenfeld | @Ev_Rosenfeld 6 Mins Ago Breaking News Presidential contender Hillary Clinton's plan to overhaul capital gains taxes aims to foster long-term growth by taxing some short-term investments at higher rates. Clinton's proposal comes as part of her plan to fight what she sees as an excessive focus on quick profits in capital markets. Clinton's plan specifically seeks to double the period of time for the 39.6 percent top capital gains rate (from up to a year to up to two years), and then institute a sliding scale until assets are held for more than six years. After that six-year point, those gains would face the current 20 percent tax rate. Clinton's proposal comes as part of her plan to fight what she sees as an excessive focus on quick profits in capital markets. ----------------------- This post has been edited by ILoveLalat.net: Jul 24 2015, 10:39 PM |
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Jul 24 2015, 10:47 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 24 2015, 10:03 PM) don't forget global economy growth is slowing less demand on commodities too. sgd is the world best currency, better than usd. sgd is the new gold, if anyone worry on usd, buy sgd. so gold can come back to 800 or 600. weak price in usd cum weak demand = double whammy on commodity exporting countries. did u notice aud = sgd now? This post has been edited by yok70: Jul 24 2015, 10:47 PM |
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Jul 24 2015, 10:53 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 24 2015, 10:47 PM) sgd is the world best currency, better than usd. sgd is the new gold, if anyone worry on usd, buy sgd. so gold can come back to 800 or 600. if black gold can go to 40, yellow gold can go to 800, no argument. |
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Jul 25 2015, 01:31 AM
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All Stars
24,453 posts Joined: Nov 2010
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crude free fall...
it went below 48 faster than i expected. |
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Jul 25 2015, 01:57 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 25 2015, 01:31 AM) crude free fall... 44 comingit went below 48 faster than i expected. 2050 coming 800 coming This post has been edited by yok70: Jul 25 2015, 01:57 AM |
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Jul 25 2015, 09:38 AM
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Senior Member
9,348 posts Joined: Aug 2010
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QUOTE(yok70 @ Jul 24 2015, 11:47 PM) sgd is the world best currency, better than usd. sgd is the new gold, if anyone worry on usd, buy sgd. so gold can come back to 800 or 600. As I have always predicted,....  however, with Mr Lee Kuan Yew gone now, I hoped things will not change,... |
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Jul 25 2015, 10:06 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(davidcch07 @ Jul 24 2015, 10:17 PM) SGD is stronger that AUD now.... first sgd>nzdnow sgd=aud soon sgd=cad sgd=usd? this one won't happen, i think. keep yr sgd's! |
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Jul 25 2015, 10:41 AM
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Senior Member
9,348 posts Joined: Aug 2010
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QUOTE(AVFAN @ Jul 25 2015, 11:06 AM) first sgd>nzd No,.. keep yout income-generating assets in SGD deno, and income generated must be in SGD deno too, to keep earing the SGD. Just like people are rushing to work in SG now, not only Msians, but also many angmohs. DONOT keep SGD cash - too low intrst rates.now sgd=aud soon sgd=cad sgd=usd? this one won't happen, i think. keep yr sgd's! |
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Jul 25 2015, 11:02 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(Hansel @ Jul 25 2015, 10:41 AM) DONOT keep SGD cash - too low intrst rates. does anybody keep cash in any currency these days?debt, a lot la... |
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Jul 26 2015, 06:59 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 25 2015, 10:06 AM) first sgd>nzd hard to say....hard to predict what could happened after US rise rate.....market is so unpredictable.... now sgd=aud soon sgd=cad sgd=usd? this one won't happen, i think. keep yr sgd's! |
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Jul 27 2015, 01:06 PM
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Senior Member
9,348 posts Joined: Aug 2010
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If the FOMC truly hikes and not 'NATO' only, the MAS will say : let the SGD be on a gradual appreciation path against a basket of currencies !
May dip for a little while, then will rise again,..... surely and especially against the MYR. For sure !!! |
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Jul 27 2015, 03:00 PM
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Junior Member
765 posts Joined: Jun 2007
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what trading account do you guys use to buy US stocks? which has a lower rate ?
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Jul 27 2015, 03:51 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(culain99 @ Jul 27 2015, 03:00 PM) what trading account do you guys use to buy US stocks? which has a lower rate ? some info here:https://forum.lowyat.net/topic/3595816 This post has been edited by AVFAN: Jul 27 2015, 03:56 PM |
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Jul 27 2015, 03:52 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 25 2015, 01:57 AM) 44 coming be careful what u wish for! 2050 coming 800 coming looking like a bloodbath across the board tonite. shanghai -8%, crude <48. |
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Jul 27 2015, 04:21 PM
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Senior Member
9,348 posts Joined: Aug 2010
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QUOTE(AVFAN @ Jul 27 2015, 04:51 PM) I thnk it is impt for him to know that if he intends to open a brokerage acct overseas, he must really be prepared with ALL documntations and information in-hand before he buys a ticket to fly there.And for those who intend to have a brokerage account overseas, please open a bank account there too. ENSURE you can opn a bank acct there. You can then move your funds back and forth between your brokerage cash account and your bank savings account. And if you're an income investor, you can move whatever your remaining dividend from your brokerage cash acct into your bank savings account, then use your foreign bank ATM Card to withdraw the funds from a Msian ATM. Saves you a lot on the wire transfer charges. |
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Jul 27 2015, 04:30 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(Hansel @ Jul 27 2015, 04:21 PM) I thnk it is impt for him to know that if he intends to open a brokerage acct overseas, he must really be prepared with ALL documntations and information in-hand before he buys a ticket to fly there. actually, i think u hv a lot to share for people with such interests.And for those who intend to have a brokerage account overseas, please open a bank account there too. ENSURE you can opn a bank acct there. You can then move your funds back and forth between your brokerage cash account and your bank savings account. And if you're an income investor, you can move whatever your remaining dividend from your brokerage cash acct into your bank savings account, then use your foreign bank ATM Card to withdraw the funds from a Msian ATM. Saves you a lot on the wire transfer charges. why not post on that thread? better leave this thread alone for actual stocks discussion. if u hadn't notice, there is a new "how do i buy foreign stocks" thread almost every week, most of which nobody bothers to reply. and that is becos there isn't a well developed and continued thread on that. maybe there is but i had not noticed. i just try to help by diverting them to the threads i had posted something. maybe u like to help too! This post has been edited by AVFAN: Jul 27 2015, 04:32 PM |
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Jul 27 2015, 05:40 PM
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Senior Member
9,348 posts Joined: Aug 2010
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Okay,...will do whatever I can if I come across such threads,...
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Jul 27 2015, 08:28 PM
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All Stars
24,453 posts Joined: Nov 2010
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crude oil and bears battling it out at 47.50.
some tip... QUOTE The net-long position in West Texas Intermediate contracted 28 percent in the seven days ended July 21, U.S. Commodity Futures Trading Commission data show. Long positions dropped to a two-year low while short holdings climbed 25 percent. http://www.bloomberg.com/news/articles/201...as-glut-expands |
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Jul 27 2015, 08:55 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(AVFAN @ Jul 27 2015, 08:28 PM) crude oil and bears battling it out at 47.50. Waah.. I think bears no problem wining. Oil already hit my low target at $48.some tip... Didn't expect that China will go kaboom during the day. The aunties/uncles are cursing now.. where's the da govt help? |
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Jul 27 2015, 09:36 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 27 2015, 08:28 PM) crude oil and bears battling it out at 47.50. ya, bear bear everywhere.... some tip... |
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Jul 27 2015, 09:38 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(danmooncake @ Jul 27 2015, 08:55 PM) Waah.. I think bears no problem wining. Oil already hit my low target at $48. that will come later....let the bear come out first, scare away some gamblers first, otherwise gomen too busy day day worry to support/cooling market. Didn't expect that China will go kaboom during the day. The aunties/uncles are cursing now.. where's the da govt help? |
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Jul 27 2015, 10:00 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 27 2015, 09:36 PM) ya, bear bear everywhere.... that's ok.i keep shorting some of them. |
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Jul 28 2015, 12:26 AM
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All Stars
17,100 posts Joined: Mar 2005
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Huh! been away for awhile and back to my screen now. seeing loads of sheets of dirt cheap stuff. the prices are getting a bit alien to me atm as i have not seen these low prices for a while. my watchlist s are bleeding.
look at the oil...coming to 47 soon? just like a war field, blood everywhere now, flowing from china to HS and now to the dows. sigh! |
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Jul 28 2015, 03:45 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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nice bear for today.....but wondering if more to come tomorrow, or a total calm tomorrow....
took profit on my shorts. Hard to predict the bear will be strong or weak. This post has been edited by yok70: Jul 28 2015, 05:18 AM |
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Jul 28 2015, 09:17 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Jul 28 2015, 12:26 AM) look at the oil...coming to 47 soon? it only took a few hours to get there.QUOTE(yok70 @ Jul 28 2015, 03:45 AM) took profit on my shorts. Hard to predict the bear will be strong or weak. oil shorts? may be premature!? |
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Jul 28 2015, 10:08 AM
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All Stars
10,123 posts Joined: Aug 2007
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Not touching oil now but SP500 once again at the 200ma. Time to load up again..
Anyway, this morning gotta to watch China market ... this thing is getting pummeled back to 3500. If drops below... I think we can see 3000, then bam.. 2500 - this will be back to beginning before the ran up last year as if nothing has happened. This post has been edited by danmooncake: Jul 28 2015, 10:23 AM |
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Jul 28 2015, 10:22 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(danmooncake @ Jul 28 2015, 10:08 AM) Not touching oil now but SP500 once again at the 200ma. Time to load up again.. oil goes below 47, shanghai slumps another 5%.Anyway, this morning gotta to watch China market ... this thing is getting pummeled back to 3500. If drop below... I think we can see 3000, then bam.. 2500 - this will be back to beginning before the ran up last year as if nothing has happened. got any fxp or not? |
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Jul 28 2015, 10:25 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(AVFAN @ Jul 28 2015, 10:22 AM) oil goes below 47, shanghai slumps another 5%. Just a bit only.. from last week. let see if this time can break above 42 or not.got any fxp or not? Last time, I cabut a bit early.. but also lucky because china bulls (the govt) can turn it around anytime. |
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Jul 28 2015, 10:34 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(danmooncake @ Jul 28 2015, 10:25 AM) Just a bit only.. from last week. let see if this time can break above 42 or not. some analyst...Last time, I cabut a bit early.. but also lucky because china bulls (the govt) can turn it around anytime. QUOTE Analyst Who Predicted Bottom for Shanghai Stocks Sees Further 14% Plunge http://www.bloomberg.com/news/articles/201...-1929-u-s-crash QUOTE(mikehwy @ Jul 28 2015, 12:26 AM) Huh! been away for awhile and back to my screen now. seeing loads of sheets of dirt cheap stuff. the prices are getting a bit alien to me atm as i have not seen these low prices for a while. my watchlist s are bleeding. maybe rm 4.05 will help... QUOTE "You can try to stabilise the ringgit, but ultimately I don't think it can stand the correction," said Chua Hak Bin, Singapore-based head of emerging Asia economics at Bank of America Merrill Lynch. "The ringgit will have to adjust to whatever new equilibrium... we are forecasting the ringgit to weaken to 3.86 by end-2015 and 4.05 by end-2016 against the dollar." http://uk.reuters.com/article/2015/07/27/m...N1042T820150727 |
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Jul 28 2015, 01:47 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 28 2015, 09:17 AM) it only took a few hours to get there. SP500 ultra Vix short. oil shorts? may be premature!? |
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Jul 28 2015, 04:19 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 28 2015, 01:47 PM) SP500 ultra Vix short. uvxy?i hv little idea on this one, stick to the easier ones... |
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Jul 29 2015, 03:48 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 28 2015, 04:19 PM) uvxy? stick to those you familiar. i hv little idea on this one, stick to the easier ones... very nice today bull, "lucky" i sold all my shorts yesterday. This post has been edited by yok70: Jul 29 2015, 03:48 AM |
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Jul 29 2015, 07:08 AM
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All Stars
10,123 posts Joined: Aug 2007
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Groupers!!! It's works again.. buying that sp500 (calls and 3x bull shares) when it touches 200ma.
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Jul 29 2015, 09:30 AM
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All Stars
10,123 posts Joined: Aug 2007
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Did you guys read this story?
http://www.cnbc.com/2015/07/28/chinese-far...ost-it-all.html Uncle farmer invested entire savings of US164K equivalent (convert in RMB, that's like over mln), then leverage up to 1 mln usd margin (6.2 mln RMB) and buy ONE stock? And he bought when the SHCOMP index over 4000, because of govt propaganda urging everyone to play.. Everyone will SELL whenever there is a pop opportunity to get their money back. The institutional players will eat these people alive knowing them have bought on margin. No wonder China market will crash... with tons of clueless people like this in the market. This post has been edited by danmooncake: Jul 29 2015, 09:30 AM |
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Jul 29 2015, 10:12 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 29 2015, 03:48 AM) stick to those you familiar. good job! very nice today bull, "lucky" i sold all my shorts yesterday. i stick to crude. enough fun to play with coins, sometimes can catch a grouper or two. here's one view for the coming days: QUOTE -“Near term, crude is declining within an extremely steep channel. The market is so weak that the latest bounce couldn’t even make it to channel resistance. 44.60 (close of the 3/18 low day) is a level that could end up providing support for a bounce.” The low for the move so far is 46.66 (close of the low week in March is 46.44). Crude made an outside reversal day today (7/28) at a 17 year trendline today as well. This is a good way (outside reversal) and place (trendline) to form some kind of low. http://www.dailyfx.com/forex/technical/ell...tWaves_oil.html  no future for big oil? QUOTE One Simple Chart That Shows the Problem Facing Big Oil http://www.bloomberg.com/news/articles/201...-facing-big-oil |
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Jul 29 2015, 10:42 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(danmooncake @ Jul 29 2015, 09:30 AM) Did you guys read this story? poor gamblers. http://www.cnbc.com/2015/07/28/chinese-far...ost-it-all.html Uncle farmer invested entire savings of US164K equivalent (convert in RMB, that's like over mln), then leverage up to 1 mln usd margin (6.2 mln RMB) and buy ONE stock? And he bought when the SHCOMP index over 4000, because of govt propaganda urging everyone to play.. Everyone will SELL whenever there is a pop opportunity to get their money back. The institutional players will eat these people alive knowing them have bought on margin. No wonder China market will crash... with tons of clueless people like this in the market. but still, we can't feel pityful for gamblers, can we? They are gamblers. If there is no margin from bank to buy stocks, well, maybe they borrowed from dark market and go Genting to gamble. Not much difference, I think.  |
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Jul 29 2015, 05:53 PM
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Senior Member
9,348 posts Joined: Aug 2010
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QUOTE(AVFAN @ Jul 29 2015, 11:12 AM) good job! I think we can start averaging down already for this commodity. Don't pour in the whole bucket yet, but start to buy in slowly. My TA,... i stick to crude. enough fun to play with coins, sometimes can catch a grouper or two. here's one view for the coming days: no future for big oil? |
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Jul 29 2015, 06:07 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(Hansel @ Jul 29 2015, 05:53 PM) I think we can start averaging down already for this commodity. Don't pour in the whole bucket yet, but start to buy in slowly. My TA,... i will wait a bit. it will take time for a few hundred bil capex cancelled to be approved again for big oil spending.futures now +40. crude bulls and bears battling it for 3rd round in 3 days at 47.50-47.80. yellen statement at 2am will be referee who's gonna win... prepare yr late supper. |
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Jul 29 2015, 09:11 PM
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All Stars
17,100 posts Joined: Mar 2005
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damn. twtr is to be short down tonight.
lucky my new stable fb is pushed !!! This post has been edited by mikehwy: Jul 29 2015, 09:12 PM |
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Jul 29 2015, 10:35 PM
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All Stars
17,100 posts Joined: Mar 2005
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latest ...
oil inventory :- 17/7 +2.7m barrels 24/7 -2.4m this causing a knee jerk + oil price atm .... This post has been edited by mikehwy: Jul 29 2015, 10:49 PM |
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Jul 30 2015, 01:02 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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can bear bear return? all in the hands of the most powerful woman in the world, Yellen.
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Jul 30 2015, 01:02 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(mikehwy @ Jul 29 2015, 10:35 PM) latest ... nice rebound. wish it could continue....it's not good for world economy if oil price too depressing. oil inventory :- 17/7 +2.7m barrels 24/7 -2.4m this causing a knee jerk + oil price atm .... |
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Jul 30 2015, 01:42 AM
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All Stars
24,453 posts Joined: Nov 2010
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wti is up 2.5%, brent only 1.2%.
doesn't look like it will hold to me. we'll see what effect fed statement will have in 20 mins time... |
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Jul 30 2015, 01:52 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 30 2015, 01:42 AM) wti is up 2.5%, brent only 1.2%. ya. i am also negative on oil price for short term... doesn't look like it will hold to me. we'll see what effect fed statement will have in 20 mins time... |
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Jul 30 2015, 01:55 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 30 2015, 01:52 AM) ya. i am also negative on oil price for short term... like gold... too much supply, not much demand... maybe now summer, more driving, consumption a bit higher, inventories dropped...? This post has been edited by AVFAN: Jul 30 2015, 01:55 AM |
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Jul 30 2015, 02:31 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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yellen said all good woh....so how? want new high?
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Jul 30 2015, 02:38 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 30 2015, 02:31 AM) yellen said all good woh....so how? want new high? no rate hike until dec, i think.goota do at least one hike, save face. yeah, let market may rally a bit more! oil... looks like it will soften again... |
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Jul 30 2015, 03:39 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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grabbed more fruit just now. god bless me.
This post has been edited by yok70: Jul 30 2015, 03:39 AM |
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Jul 30 2015, 01:51 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 30 2015, 03:39 AM) grabbed more fruit just now. god bless me. bless bless...no rate hike yet, earnings in usd will be better than if rate hiked. so, rally, i suppose! oil, energy... QUOTE What to do with Energy stocks? Once big Energy ETFs like XLE and XOP broke below the January lows a few weeks ago, the volumes spiked dramatically as investors gave up the ghost. This post has been edited by AVFAN: Jul 30 2015, 02:04 PMPredictably, now that we have ONE modest bullish signal, this is reviving talk about a bottom. "Buy when nobody wants them," one energy trader told me this morning. But nobody think this is going to be the quick rally that was expected in the first quarter. The talk is to buy now, and hold. For a while. Like, a year or two. That will greatly limit the number of people that will hop on that bandwagon. Too many have seen this movie before. http://www.cnbc.com/2015/07/29/oil-stocks-...-bandwagon.html Shell plans for 'prolonged downturn' in oil prices Royal Dutch Shell on Thursday warned that lower oil prices could continue for several years, and said it was planning for a prolonged downturn. http://www.cnbc.com/2015/07/30/shell-says-...d-downturn.html |
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Jul 30 2015, 06:54 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(yok70 @ Jul 30 2015, 03:39 AM) grabbed more fruit just now. god bless me. at 123+ I think no need to sweat. 130 on the way when players start to forget the iWatch sales.. |
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Jul 30 2015, 07:49 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 30 2015, 01:51 PM) bless bless... thanks for sharing the oily news update... no rate hike yet, earnings in usd will be better than if rate hiked. so, rally, i suppose! oil, energy... |
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Jul 30 2015, 07:51 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(mikehwy @ Jul 30 2015, 06:54 PM) at 123+ I think no need to sweat. 130 on the way when players start to forget the iWatch sales.. i got it at 122.80 yesterday. quite true, they pay too heavy attention on the watch. they forgot all fruits' new product launched had not done well, inclusive the legendary ipod. |
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Jul 30 2015, 09:11 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 30 2015, 07:49 PM) thanks for sharing the oily news update... that's my nightly plaything. |
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Jul 30 2015, 10:08 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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red....GDP data out yet？
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Jul 30 2015, 10:15 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 30 2015, 10:08 PM) red....GDP data out yet？ First reading on Q2 US GDP at 2.3% vs 2.6% expectedhttp://www.cnbc.com/2015/07/30/first-readi...-q2-us-gdp.html |
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Jul 30 2015, 10:17 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 30 2015, 10:15 PM) First reading on Q2 US GDP at 2.3% vs 2.6% expected oh....not bad what! what they want? http://www.cnbc.com/2015/07/30/first-readi...-q2-us-gdp.html guess new high is on its way. This post has been edited by yok70: Jul 30 2015, 10:17 PM |
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Jul 30 2015, 10:33 PM
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All Stars
17,100 posts Joined: Mar 2005
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lateest ...
fed governor just said situations are not as well, such as in some euro nations and in china ... sep may not have the rise..... |
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Jul 31 2015, 03:02 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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crowls back to green.
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Jul 31 2015, 05:27 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Jul 30 2015, 10:33 PM) lateest ... sep unlikely. more likely dec.fed governor just said situations are not as well, such as in some euro nations and in china ... sep may not have the rise..... fed got some bullets, need a couple more. QUOTE Second-quarter GDP data showed the economy is still growing at a ho-hum pace, but inside the report was a slight pickup in a quarterly inflation that could help the Fed move toward a rate hike. Second-quarter GDP grew at a 2.3 percent pace, lower than the 2.5 percent or even more expected by economists. But some traders quickly focused on the 1.8 percent quarter-to-quarter gain in the core PCE deflator, the Fed's preferred inflation gauge. The short end of the Treasury curve sold off with yields on two-year through five-year Treasury notes moving higher. http://www.cnbc.com/2015/07/30/gdp-a-dud-b...r-it-needs.html watch the rm... very tricky for bnm... QUOTE Bank Negara grips ringgit tightly as troubles mount http://www.malaysiakini.com/news/306780 |
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Jul 31 2015, 10:49 AM
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Senior Member
9,348 posts Joined: Aug 2010
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MOve again,... then in Dec, move to next year,...
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Jul 31 2015, 02:43 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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Saudi said will reduce production as early as Sept....
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Jul 31 2015, 03:37 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 31 2015, 02:43 PM) Saudi said will reduce production as early as Sept.... that was yesterday. today... QUOTE Oil prices fell in Asian trade on Friday as concern over global oversupply intensified after the head of oil producers' cartel OPEC indicated there would be no cut-back in production, although a fall in the U.S. dollar put a floor under prices. http://www.cnbc.com/2015/07/30/us-crude-sl...nomic-data.html crude now 47.80, down 1.5%... |
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Jul 31 2015, 03:56 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Jul 31 2015, 03:37 PM) that was yesterday. ya....still waiting 44....maybe can breakdown this time.... today... crude now 47.80, down 1.5%... |
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Jul 31 2015, 06:51 PM
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All Stars
17,100 posts Joined: Mar 2005
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future looks flat atm. wonder what will move after gaming stocks flew high last night.
oil looking terrible for longers too. |
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Jul 31 2015, 06:51 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 31 2015, 03:56 PM) ya....still waiting 44....maybe can breakdown this time.... maybe 42...QUOTE Besides the pressure from the Fed’s interest rate outlook, the ringgit and other emerging currencies were vulnerable to further losses if the WTI hit below US$42 a barrel, said Jameel. http://www.thestar.com.my/Business/Busines...ggit/?style=biz |
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Jul 31 2015, 06:57 PM
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All Stars
17,100 posts Joined: Mar 2005
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latest ...
rumours! ... ron 97 +0.30 ron 95 +25 diesel +0.30 from 1/8 ... then i will need to ride my bike again. |
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Jul 31 2015, 07:14 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Jul 31 2015, 06:57 PM) latest ... weak ringgit la...rumours! ... ron 97 +0.30 ron 95 +25 diesel +0.30 from 1/8 ... then i will need to ride my bike again. plus need to fund !@#$%... |
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Jul 31 2015, 08:54 PM
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All Stars
17,100 posts Joined: Mar 2005
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latest....
ron 95 n 97 down 10 sen. ahd be down by more than 20-25 !#+#/# |
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Jul 31 2015, 09:17 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Jul 31 2015, 08:54 PM) latest.... ok, false alarm.ron 95 n 97 down 10 sen. ahd be down by more than 20-25 !#+#/# now, u can change to a bigger cc car! |
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Jul 31 2015, 10:36 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Jul 31 2015, 09:17 PM) ok, false alarm. aiseh man. with this market sentiment, a local Proton is well suited for me. But targeting at a SUV.now, u can change to a bigger cc car! Latest .... Exxon recorded record low profit !!!! (oil price la, what else)  |
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Aug 1 2015, 12:30 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Jul 31 2015, 10:36 PM) aiseh man. with this market sentiment, a local Proton is well suited for me. But targeting at a SUV. petrol price will be low for a long time... according to this... Latest .... Exxon recorded record low profit !!!! (oil price la, what else) http://www.cnbc.com/2015/07/31/oil-prices-...dman-sachs.html |
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Aug 1 2015, 01:10 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Jul 31 2015, 03:56 PM) ya....still waiting 44....maybe can breakdown this time.... one step closer.looking to break 47 soon after this news: Baker Hughes US oil rig count rises by 5 |
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Aug 1 2015, 03:48 PM
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Senior Member
9,348 posts Joined: Aug 2010
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QUOTE(AVFAN @ Aug 1 2015, 01:30 AM) petrol price will be low for a long time... according to this... The US Subprime Problem in The US lasted from 2008 till the tapering started in 2014 - that would be approx 6 yrs. The Oil Crisis started in 2015. So,........ will it end and oil price recovers in 2021 ? http://www.cnbc.com/2015/07/31/oil-prices-...dman-sachs.html |
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Aug 1 2015, 04:17 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(Hansel @ Aug 1 2015, 03:48 PM) The US Subprime Problem in The US lasted from 2008 till the tapering started in 2014 - that would be approx 6 yrs. The Oil Crisis started in 2015. So,........ will it end and oil price recovers in 2021 ? Goldman in its report, in contrast to the world bank's optimistic forecast, is really saying oil price will be flat for next 5 years given now at used 47 and say low inflation of 1-2% pa.This can be quite real given shale oil break even of 50 or so. Saudi can go as low as 20 but that will hurt too much, not a real scenario. So, I personally quite agree with goldman's assessment. Remember they were right about GOLD! Locally, the risk we face is Petronas will pay gomen less and less revenues in the next few years. With jibby holding tight on the steering wheel, question is how fast will gst and other taxes need to rise to fund the usual spending. Doesn't look pretty to me, incl the RM. So the idea of keeping some savings in strong fx to prevent hard earned money from rm erosion is sound. |
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Aug 1 2015, 06:19 PM
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Senior Member
1,820 posts Joined: May 2010 From: Kuala Lumpur
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QUOTE(AVFAN @ Aug 1 2015, 04:17 PM) Locally, the risk we face is Petronas will pay gomen less and less revenues in the next few years. With jibby holding tight on the steering wheel, question is how fast will gst and other taxes need to rise to fund the usual spending. Doesn't look pretty to me, incl the RM. So the idea of keeping some savings in strong fx to prevent hard earned money from rm erosion is sound. Agreed, better to save in foreign currency at the moment.I've only got my FDs left which mature in October ... remaining transfer from FCA to cover monthly expenses / credit card bills |
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Aug 1 2015, 06:56 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(rjb123 @ Aug 1 2015, 06:19 PM) Agreed, better to save in foreign currency at the moment. hi bro, no time no hear! I've only got my FDs left which mature in October ... remaining transfer from FCA to cover monthly expenses / credit card bills |
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Aug 1 2015, 07:12 PM
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Senior Member
1,820 posts Joined: May 2010 From: Kuala Lumpur
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QUOTE(AVFAN @ Aug 1 2015, 06:56 PM) hi bro, no time no hear! Yeah - very busy with work, no time for anything else! Just logging into IB once a month to do my monthly top up and that's it |
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Aug 1 2015, 07:17 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(rjb123 @ Aug 1 2015, 07:12 PM) Yeah - very busy with work, no time for anything else! Just logging into IB once a month to do my monthly top up and that's it once a month... i guess u r not trading then.i been busy too... with IB! |
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Aug 1 2015, 07:57 PM
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Senior Member
9,348 posts Joined: Aug 2010
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Looks like many Interactive Brokers supporters here...
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Aug 1 2015, 08:55 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 1 2015, 12:30 AM) petrol price will be low for a long time... according to this... wonder hows our local petrol price. shd be below 1.70 i guess. http://www.cnbc.com/2015/07/31/oil-prices-...dman-sachs.html |
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Aug 3 2015, 05:07 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 1 2015, 08:55 PM) wonder hows our local petrol price. shd be below 1.70 i guess. maybe petrol tax now?never mind, it'll drop 20 sen next month. crude now 46.43, next stop 45? |
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Aug 3 2015, 06:48 PM
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Senior Member
3,109 posts Joined: Aug 2007 From: Malaysia > Singapore
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Aug 3 2015, 07:14 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(davidcch07 @ Aug 3 2015, 06:48 PM) Sifu , u mean those etf's compared to same or equivalent in other bourses?any different for this one SGX? answer = popularity, volume. bad idea to trade if so blurdy hard to sell. from the few etfs i know in bursa, waste of time, nobody's interested. the largest etfs are typically primarily listed in usa - that's where u wanna be. |
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Aug 3 2015, 09:12 PM
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All Stars
17,100 posts Joined: Mar 2005
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latest ...
USD = 3.81 (16 yr low) citi group eoy target = 3.91 morgan stanley eoy target = 4.00 crude = 46+ palm oil = dropping like stone .... rm continue on the sliding board .... die la my job and savings This post has been edited by mikehwy: Aug 3 2015, 09:40 PM |
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Aug 3 2015, 09:45 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 3 2015, 09:12 PM) latest ... 3.85 already.USD = 3.81 citi group eoy target = 3.91 morgan stanley eoy target = 4.00 crude = 46+ palm oil = dropping like stone .... rm continue on the sliding board .... die la my job and savings bnm throwing in the towel, it seems. besides falling oil price, watch mgs yields; if n when foreigners lose more confidence and dump the 49% holdings... http://www.cnbc.com/2015/08/03/malaysias-r...-wild-ride.html http://www.bnm.gov.my/index.php?tpl=govtsecuritiesyield newton's 3rd law: jib actions will get a reaction. |
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Aug 3 2015, 10:47 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Aug 3 2015, 09:45 PM) 3.85 already. jib contributed 5% RM drop so far, later maybe 10%. bnm throwing in the towel, it seems. besides falling oil price, watch mgs yields; if n when foreigners lose more confidence and dump the 49% holdings... http://www.cnbc.com/2015/08/03/malaysias-r...-wild-ride.html http://www.bnm.gov.my/index.php?tpl=govtsecuritiesyield newton's 3rd law: jib actions will get a reaction. |
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Aug 3 2015, 11:29 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Aug 3 2015, 10:47 PM) jib contributed 5% RM drop so far, later maybe 10%. nothing u can do about that.except hide. i mean morph yr rm into something else. |
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Aug 4 2015, 12:53 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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bear bear...
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Aug 4 2015, 01:16 AM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 3 2015, 11:29 PM) nothing u can do about that. the only bright side is the potential petrol price drop next month. cant really see anything positive atm. things are dropping everywhere now. sigh...and the fruit is getting close to my average price each day. retirement plan might need to change. except hide. i mean morph yr rm into something else. This post has been edited by mikehwy: Aug 4 2015, 01:20 AM |
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Aug 4 2015, 01:25 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 4 2015, 01:16 AM) things are dropping everywhere now. prices of everything rising! except stocks. sea of blood, bad, some like aapl in danger of falling into big bear. gotta watch next 2 days carefully. and didn't expect crude to fall 4% today. maybe rebound next 2 days to fall again? |
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Aug 4 2015, 12:05 PM
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All Stars
10,123 posts Joined: Aug 2007
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Waah.. Ringgit drops to 3.87... even at this level, more people continue to dump ringgit and buy USD and SGD.
 This post has been edited by danmooncake: Aug 4 2015, 12:06 PM |
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Aug 4 2015, 12:19 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(danmooncake @ Aug 4 2015, 12:05 PM) Waah.. Ringgit drops to 3.87... even at this level, more people continue to dump ringgit and buy USD and SGD. according to small fellas like us, it is primarily caused by xmbd, no end in sight.according to the politicians, it is all caused by uncontrollable external factors, nothing internal. u wonder what those billionaire politicians and their cronies are doing now with their rm. |
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Aug 4 2015, 06:04 PM
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All Stars
24,453 posts Joined: Nov 2010
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all eyes on AAPL and OIL...
QUOTE All eyes on Brent crude and Apple after sluggish session http://www.investing.com/indices/indices-futures aapl now showing 118.0, -0.34%. but crude oil is up, almost 46. futures flat... |
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Aug 4 2015, 07:08 PM
Show posts by this member only | IPv6 | Post
#207
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Senior Member
2,906 posts Joined: May 2015
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Looks like DIS is releasing their results after hours with a bang. More record highs for this stock.
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Aug 4 2015, 07:57 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(danmooncake @ Aug 4 2015, 12:05 PM) Waah.. Ringgit drops to 3.87... even at this level, more people continue to dump ringgit and buy USD and SGD. 4.00 coming... |
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Aug 4 2015, 07:58 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Aug 4 2015, 12:19 PM) according to small fellas like us, it is primarily caused by xmbd, no end in sight. fcking politicians now wanna target on Zeti too. according to the politicians, it is all caused by uncontrollable external factors, nothing internal. u wonder what those billionaire politicians and their cronies are doing now with their rm. if i were Zeti, i let RM drops to 5.00. Fck them. Work so hard and get into this shit! No hope this Malaysia, so no hope on ringgit.  |
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Aug 4 2015, 08:00 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Aug 4 2015, 06:04 PM) all eyes on AAPL and OIL... i added more fruit 118 yesterday. aapl now showing 118.0, -0.34%. but crude oil is up, almost 46. futures flat... |
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Aug 4 2015, 09:25 PM
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All Stars
17,100 posts Joined: Mar 2005
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latest nit related....
Malaysia graduates ranked 44 out of 50 in a recent University grads survey, in terms of langauage and critical thinking. Dunno what else is the criteria. |
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Aug 4 2015, 10:16 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Aug 4 2015, 08:00 PM) i added more fruit 118 yesterday. looks like going for 110.painful... |
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Aug 4 2015, 10:43 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 4 2015, 10:16 PM) looks like going for 110. analyst at marketwatch* was talking about potential retest of intraday low of 104-105 (Jan 2105? i forgot the test) IF the 200d ma is broken at today's open. the price is getting close to my average entry price...soon ... painful... |
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Aug 4 2015, 10:56 PM
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Senior Member
3,109 posts Joined: Aug 2007 From: Malaysia > Singapore
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QUOTE(AVFAN @ Aug 4 2015, 11:16 PM) looks like going for 110. might be going down .... becareful bro.painful... RSI - look like oversold... This post has been edited by davidcch07: Aug 4 2015, 10:56 PM Attached thumbnail(s) 
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Aug 4 2015, 11:02 PM
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All Stars
24,453 posts Joined: Nov 2010
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i will buy at 110.
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Aug 4 2015, 11:40 PM
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All Stars
17,100 posts Joined: Mar 2005
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looks like the fruit is pulling diwn the roofs,,, touching 112 soon?
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Aug 5 2015, 01:41 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 4 2015, 11:40 PM) looks like the fruit is pulling diwn the roofs,,, touching 112 soon? not quite!looks stable now at 115. and crude resumes fall.... |
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Aug 5 2015, 02:02 AM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 5 2015, 01:41 AM) not quite! looking at the line price chart for aapl, hands also feel cold already. better iff sscreen and zzzz ..... haha, thats the story of a small punterlooks stable now at 115. and crude resumes fall.... |
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Aug 5 2015, 02:11 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 5 2015, 02:02 AM) looking at the line price chart for aapl, hands also feel cold already. better iff sscreen and zzzz ..... haha, thats the story of a small punter i still have a small profit overall. but really disappointing.exploding volume today! http://www.bloomberg.com/news/articles/201...-line-gives-way and share buyback sucks: http://www.cnbc.com/2015/08/04/got-growth-...f-buybacks.html |
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Aug 5 2015, 02:40 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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fruit sinks....more can, i don't mind, maybe 105...
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Aug 5 2015, 09:42 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(AVFAN @ Aug 4 2015, 10:16 PM) looks like going for 110. Line in sand for fruit is 120... imo. cannot buy now.painful... But, if drop to 105.. then I buy again. |
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Aug 5 2015, 09:58 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(danmooncake @ Aug 5 2015, 09:42 AM) Line in sand for fruit is 120... imo. cannot buy now. ya, can't buy now.But, if drop to 105.. then I buy again. consider when <110. the selling force is strong. not looking good for the broader market. i can only trade crude and inverse crude these days. fifo - fast in fast out. |
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Aug 5 2015, 08:40 PM
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Senior Member
9,348 posts Joined: Aug 2010
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QUOTE(AVFAN @ Aug 5 2015, 10:58 AM) ya, can't buy now. Wow,... timing mkt,... champion man,...consider when <110. the selling force is strong. not looking good for the broader market. i can only trade crude and inverse crude these days. fifo - fast in fast out. |
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Aug 5 2015, 08:47 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(Hansel @ Aug 5 2015, 08:40 PM) Wow,... timing mkt,... champion man,... dun get so serious all the time.have some fun with coins, can live longer. |
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Aug 5 2015, 10:10 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 5 2015, 08:47 PM) dun get so serious all the time. yooo, agree. my coins r growing larger today as my portfolio memmbers jumped out if the barrier in green green jackets. the watchlist looks bery alien after near 2 weeks of blood stained bodies..have some fun with coins, can live longer. |
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Aug 5 2015, 10:22 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 5 2015, 10:10 PM) yooo, agree. my coins r growing larger today as my portfolio memmbers jumped out if the barrier in green green jackets. the watchlist looks bery alien after near 2 weeks of blood stained bodies.. today, ok... sea of green!even the fruit recovered 1%. 9 mins to some oil data... maybe i can collect some coins later. |
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Aug 5 2015, 10:22 PM
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All Stars
17,100 posts Joined: Mar 2005
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looking back (or forward?), netflix could be a faster money growing site since early 2015.'what a chart!
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Aug 5 2015, 11:27 PM
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All Stars
24,453 posts Joined: Nov 2010
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oil is indeed very weak.
inventories fell by 4.4 mil bbls, much more than expected. yet, price turned negative. looks like going for 44... |
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Aug 6 2015, 12:03 AM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 5 2015, 11:27 PM) oil is indeed very weak. yes. looks like piercing below 45 tis evening.inventories fell by 4.4 mil bbls, much more than expected. yet, price turned negative. looks like going for 44... wonder how our gomen gping to price the petrol price comes month end. 1.50-1.70? |
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Aug 6 2015, 01:19 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 6 2015, 12:03 AM) yes. looks like piercing below 45 tis evening. looks like rushing to 44 for support. |
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Aug 6 2015, 02:57 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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yahoo finance streaming halt.
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Aug 6 2015, 10:28 AM
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All Stars
10,123 posts Joined: Aug 2007
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1 usd = 3.89 rm... very tempting...
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Aug 6 2015, 10:43 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Aug 6 2015, 02:57 AM) yahoo finance streaming halt. yes, there were problems... but was ok after midnight.QUOTE(danmooncake @ Aug 6 2015, 10:28 AM) 1 usd = 3.89 rm... very tempting... oil still falling... how about 3.99?http://www.cnbc.com/2015/08/05/why-investo...n-bargains.html |
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Aug 6 2015, 01:18 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(danmooncake @ Aug 6 2015, 10:28 AM) 1 usd = 3.89 rm... very tempting... you long RM or short USD ? This post has been edited by yok70: Aug 6 2015, 01:19 PM |
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Aug 6 2015, 04:16 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 6 2015, 01:19 AM) looks like rushing to 44 for support. Bro, nymes is hitting 44 very soon. wonder if we can short xle? |
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Aug 6 2015, 04:29 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 6 2015, 04:16 PM) Bro, nymes is hitting 44 very soon. wonder if we can short xle? would hv made >15% if u bought ery, a 3x inverse xle a few days ago. ery (or erx, 3x xle) is not a bad choice if using local platforms with higher brokerage - better to hold a while, not fast trading. me, i prefer dwti and uco - fast & furious 1-7. uwti, the inverse of dwti cost a lot more in brokerage, dunno why... |
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Aug 6 2015, 05:30 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 6 2015, 04:29 PM) would hv made >15% if u bought ery, a 3x inverse xle a few days ago. ya. I read that u are in ery. but oil going down wor. wish I have the ib acc to short it. ery (or erx, 3x xle) is not a bad choice if using local platforms with higher brokerage - better to hold a while, not fast trading. me, i prefer dwti and uco - fast & furious 1-7. uwti, the inverse of dwti cost a lot more in brokerage, dunno why... looking at fxp tonight. |
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Aug 6 2015, 05:49 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 6 2015, 05:30 PM) ya. I read that u are in ery. but oil going down wor. wish I have the ib acc to short it. oil down, will hurt xle.looking at fxp tonight. so, same like short - can buy ery which is 3x inverse xle. not erx! one thing, local platforms may not have some the counters i mentioned, but most are there. fxp... or fxi... china is very jittery, can swing either way crazy... crude does look like wanting to shed another 1-2% tonight... |
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Aug 6 2015, 05:57 PM
Show posts by this member only | IPv6 | Post
#239
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Senior Member
2,906 posts Joined: May 2015
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USD/MYR = 3.9040
Buy USD now? |
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Aug 6 2015, 06:11 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(ILoveLalat.net @ Aug 6 2015, 05:57 PM) USD/MYR = 3.9040 jan 1998, 4.71. were u around?! Buy USD now? http://www.tradingeconomics.com/malaysia/currency well, can't and won't be the same... diff is mahathir then, najib now - u decide! |
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Aug 6 2015, 06:21 PM
Show posts by this member only | IPv6 | Post
#241
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(AVFAN @ Aug 6 2015, 06:11 PM) jan 1998, 4.71. were u around?! I only joined the stock market foray in 2007, but I did heard that 4.71 was the lowest point the Ringgit ever reached. http://www.tradingeconomics.com/malaysia/currency well, can't and won't be the same... diff is mahathir then, najib now - u decide! After researching on the Ringgit, oil prices are also to blame for the downfall of the Ringgit as well. We would have to wait and see. I am still betting on USD/MYR at 4.00. Anyway, after years of paper trading and riding onto someone's back in US trading, I might soon join in given the market conditions in US keeps up this way. Thinking of TDAmeritrade or IB as the brokerage account. This post has been edited by ILoveLalat.net: Aug 6 2015, 06:23 PM |
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Aug 6 2015, 06:30 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(ILoveLalat.net @ Aug 6 2015, 06:21 PM) I only joined the stock market foray in 2007, but I did heard that 4.71 was the lowest point the Ringgit ever reached. rm is down and down because of a triple whammy - falling oil/gas prices, potential usd rate hike and prolonged bad local politics.After researching on the Ringgit, oil prices are also to blame for the downfall of the Ringgit as well. We would have to wait and see. I am still betting on USD/MYR at 4.00. Anyway, after years of paper trading and riding onto someone's back in US trading, I might soon join in given the market conditions in US keeps up this way. Thinking of TDAmeritrade or IB as the brokerage account. the thing is we alredy know this for some time now, don't we?! yes, go for one of those brokers! |
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Aug 6 2015, 06:33 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 6 2015, 06:11 PM) jan 1998, 4.71. were u around?! I was at the phileo market when one afternoon rm nearly hit 5.00 before bank megara intervention. the 5.00'was the message sent iut by soros "see you at 5" to THE cleverest man dr m. http://www.tradingeconomics.com/malaysia/currency well, can't and won't be the same... diff is mahathir then, najib now - u decide! |
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Aug 6 2015, 06:35 PM
Show posts by this member only | IPv6 | Post
#244
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(AVFAN @ Aug 6 2015, 06:30 PM) rm is down and down because of a triple whammy - falling oil/gas prices, potential usd rate hike and prolonged bad local politics. Problem is, everywhere I go is "This is because of 1MDB", "Because our PM is silent on this" and so forth. So yeah, everyone is pinning the blame to say 1MDB is at fault. But the problem is not just 1MDB is the problem but everyone solely blaming on Najib. the thing is we alredy know this for some time now, don't we?! yes, go for one of those brokers! I too do not agree with what he is doing at the moment, but I am pretty sure that Australia and Canada is down also because of 1MDB? Now how odd can it be? Oh yeah I heard most of the forumers here are using IB? But I am planning to play options and stocks and there is a requirement for IB? How about TDAmeritrade? This post has been edited by ILoveLalat.net: Aug 6 2015, 06:37 PM |
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Aug 6 2015, 06:36 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 6 2015, 05:49 PM) oil down, will hurt xle. I think my local hlib ha these items. I better quick quick add them into my watchlist to study them. hope oil can hild abit before I enter. haha. thanks.so, same like short - can buy ery which is 3x inverse xle. not erx! one thing, local platforms may not have some the counters i mentioned, but most are there. fxp... or fxi... china is very jittery, can swing either way crazy... crude does look like wanting to shed another 1-2% tonight... |
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Aug 6 2015, 06:37 PM
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All Stars
17,100 posts Joined: Mar 2005
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btw, rm is now 3.90? omg
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Aug 6 2015, 06:45 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(ILoveLalat.net @ Aug 6 2015, 06:35 PM) Problem is, everywhere I go is "This is because of 1MDB", "Because our PM is silent on this" and so forth. So yeah, everyone is pinning the blame to say 1MDB is at fault. But the problem is not just 1MDB is the problem but everyone solely blaming on Najib. it is impt to understand that the main driver is CONFIDENCE, local and foreign investors.I too do not agree with what he is doing at the moment, but I am pretty sure that Australia and Canada is down also because of 1MDB? Now how odd can it be? Oh yeah I heard most of the forumers here are using IB? But I am planning to play options and stocks and there is a requirement for IB? How about TDAmeritrade? u surely can gauge investor confidence with all those 3 factors together! ok, this is stocks/fin section... too much politics will derail the thread... IB is lowest cost. Ameritrade is popular too, as far as i know. |
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Aug 6 2015, 06:48 PM
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Senior Member
2,906 posts Joined: May 2015
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QUOTE(AVFAN @ Aug 6 2015, 06:45 PM) it is impt to understand that the main driver is CONFIDENCE, local and foreign investors. Alright thanks. Need to make decisions quickly just in case... u surely can gauge investor confidence with all those 3 factors together! ok, this is stocks/fin section... too much politics will derail the thread... IB is lowest cost. Ameritrade is popular too, as far as i know. |
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Aug 6 2015, 06:53 PM
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All Stars
24,453 posts Joined: Nov 2010
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crude tested 44.55 at 6.37pm.
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Aug 6 2015, 09:10 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(mikehwy @ Aug 6 2015, 04:16 PM) Bro, nymes is hitting 44 very soon. wonder if we can short xle? Oil going $40.xx Imo, want to play oil, just go for that $5 increments because it is fast moving in a couple of days swing trade. XLE - is for Oil companies stocks (or energy producing companies) - not necessarily can correlate but somewhat. (3x leverage is ERX/ERY) XOP (or USO) - this one correlates more to Crude Oil price. (3x leverage is GUSH/DRIP). Just look at the huge run up for DRIP with these last 2 months. |
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Aug 6 2015, 09:11 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(ILoveLalat.net @ Aug 6 2015, 06:35 PM) Problem is, everywhere I go is "This is because of 1MDB", "Because our PM is silent on this" and so forth. So yeah, everyone is pinning the blame to say 1MDB is at fault. But the problem is not just 1MDB is the problem but everyone solely blaming on Najib. True. Those and some others also dropped 25% or so, same as ringgit. The stronger ones drops about 10%. Major issue is US rate hike i guess, since Australia has not much to do with oil. I too do not agree with what he is doing at the moment, but I am pretty sure that Australia and Canada is down also because of 1MDB? Now how odd can it be? |
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Aug 6 2015, 09:16 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(danmooncake @ Aug 6 2015, 09:10 PM) Oil going $40.xx thanks for sharing.Imo, want to play oil, just go for that $5 increments because it is fast moving in a couple of days swing trade. XLE - is for Oil companies stocks (or energy producing companies) - not necessarily can correlate but somewhat. (3x leverage is ERX/ERY) XOP (or USO) - this one correlates more to Crude Oil price. (3x leverage is GUSH/DRIP). Just look at the huge run up for DRIP with these last 2 months. it's quite scary to trade oil now, at critical edge....can up can down anytime. |
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Aug 6 2015, 09:41 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(mikehwy @ Aug 6 2015, 06:37 PM) btw, rm is now 3.90? omg Yeah.. market rate now 3.91 (3.90 was suppose to be minor resistance).I think short term target 3.95, no problem but I think the traders will start covering there - pull back down.. before another next leg up towards kaboom number: 4.00 .... |
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Aug 6 2015, 09:43 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(danmooncake @ Aug 6 2015, 09:10 PM) Oil going $40.xx thanks Dan. will study and monitor them. still, things are really overly volatile these months (since June?). i am staying put and learning the 'mastery' of oil trading, lol .....Imo, want to play oil, just go for that $5 increments because it is fast moving in a couple of days swing trade. XLE - is for Oil companies stocks (or energy producing companies) - not necessarily can correlate but somewhat. (3x leverage is ERX/ERY) XOP (or USO) - this one correlates more to Crude Oil price. (3x leverage is GUSH/DRIP). Just look at the huge run up for DRIP with these last 2 months. |
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Aug 6 2015, 09:48 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(mikehwy @ Aug 6 2015, 09:43 PM) thanks Dan. will study and monitor them. still, things are really overly volatile these months (since June?). i am staying put and learning the 'mastery' of oil trading, lol ..... Those leverage ones are dangerous to play but if you're buy and hold type, don't play those leverage ones unless you know the direction very well from day to day.Imo, these oil producing companies (the ones inside XLE etf) are actually pretty good companies (with good dividends yield). It's just that their last 2 quarters earnings were ran down because of crude prices. But, nothing stays down forever.. because Oil is not going to last forever. Just so happen - we got oversupply now in the market - drove prices down (Iran deal - producing 500K-1mln barrel scared the traders even more). Sooner or later, prices will come back up. |
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Aug 6 2015, 09:50 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(danmooncake @ Aug 6 2015, 09:10 PM) XOP (or USO) - this one correlates more to Crude Oil price. uso/xop... ok.(3x leverage is GUSH/DRIP). Just look at the huge run up for DRIP with these last 2 months. gush, drip... hardly any volume. hard to trade... my fav's are dwti, uwti, sco, uco - great volumes! QUOTE(yok70 @ Aug 6 2015, 09:16 PM) it's quite scary to trade oil now, at critical edge....can up can down anytime. u gotta get glued to the screen. can't leave it alone it when u have open position! This post has been edited by AVFAN: Aug 6 2015, 10:33 PM |
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Aug 6 2015, 09:56 PM
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All Stars
10,123 posts Joined: Aug 2007
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Also, if Oil goes to $40... it will be very interesting.
Many oil companies can shut down (if their cost is more than $40). Eventho, tapis quality can sell higher (around the brent price) but, I think Malaysia will suffer most pain, I read somewhere offshore rig Malaysia cost is around $45-$50 for producing them. |
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Aug 6 2015, 09:59 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(danmooncake @ Aug 6 2015, 09:56 PM) Also, if Oil goes to $40... it will be very interesting. if i am not wrong, the shale producers in the US cost is 25-30. maybe they still can last for a wee while.Many oil companies can shut down (if their cost is more than $40). Eventho, tapis quality can sell higher (around the brent price) but, I think Malaysia will suffer most pain, I read somewhere offshore rig Malaysia cost is around $45-$50 for producing them. one more thing, tsla lately has been v volatile, swings of 5-10% is common. its now -11% ! current reason - its new model x has a problem...about building back seats or something ... This post has been edited by mikehwy: Aug 6 2015, 10:06 PM |
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Aug 6 2015, 10:04 PM
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All Stars
17,100 posts Joined: Mar 2005
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latest ...
tomorrow the influential job report will be out. i am staying put. |
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Aug 6 2015, 10:05 PM
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Senior Member
2,906 posts Joined: May 2015
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BTU could be the first to go should the oil prices remained low. Currently a penny stock from $16 a year ago. The barrier of $43 which was predicted to be a rebound point is set to break.
This post has been edited by ILoveLalat.net: Aug 6 2015, 10:07 PM |
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Aug 6 2015, 10:06 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(mikehwy @ Aug 6 2015, 09:59 PM) if i am not wrong, the shale producers in the US cost is 25-30. maybe they still can last for a wee while. They (the US shale producers) varies widely.. for new wells, the cost is higher (up to $60/barrel) but for established wells, it drops as low as $20.. or they can just halt the rigs and start again when prices (or demand) resume. one more thing, tsla lately has been v volatile, swings of 5-10% is common. its now -11% ! Now, Saudis even lower..(or so they claim). Their cost is like US$10/barrel. The odd thing is the demand in US hasn't subsided this year. They're still the world biggest users but they've imported a lot less since domestic production has taken over. Imagine this: Oil now is cheaper than a barrel of processed mineral water. Might as well close shop and just sell mineral water to earn more money. |
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Aug 6 2015, 10:14 PM
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All Stars
17,100 posts Joined: Mar 2005
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personally i feel so sorry for the oil industry. my ex classmates were in shell and esso making great incomes over the last 2 decades. their allowances were unbelievable, with paid hotel accomodations, grand 2-week leave per month with great pays .. etc etc .... now the roof is torn. sigh .... will oil becoming like commodities with little worth now? look at australia and its currency against sing dollar....
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Aug 6 2015, 10:17 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(danmooncake @ Aug 6 2015, 10:06 PM) Imagine this: Oil now is cheaper than a barrel of processed mineral water. Might as well close shop and just sell mineral water to earn more money. |
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Aug 6 2015, 10:20 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(mikehwy @ Aug 5 2015, 10:22 PM) looking back (or forward?), netflix could be a faster money growing site since early 2015.'what a chart! netflix another +5 or 4%! wish i own this from Jan . |
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Aug 6 2015, 10:35 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(danmooncake @ Aug 6 2015, 10:06 PM) Imagine this: Oil now is cheaper than a barrel of processed mineral water. Might as well close shop and just sell mineral water to earn more money. |
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Aug 6 2015, 10:45 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(yok70 @ Aug 6 2015, 10:35 PM) problem is, no country want to store mineral water. So it's hard to get enough demand if all oil companies change to sell mineral water. I know in US, the state of California... they need water badly. With the severe drought (wild fires and El Nino), water shortage and rationing, bottled water also very expensive. Plenty of demand there. I was at ball game park.. they charge US $5 for bottled water... |
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Aug 6 2015, 10:47 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(danmooncake @ Aug 6 2015, 10:45 PM) I know in US, the state of California... they need water badly. With the severe drought (wild fires and El Nino), water shortage and rationing, bottled water also very expensive. Plenty of demand there. I was at ball game park.. they charge US $5 for bottled water... no way!! that's really good business there! |
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Aug 7 2015, 12:33 AM
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All Stars
17,100 posts Joined: Mar 2005
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things are really dropping now. look at that sune, now -4.5 or -19% !!! so scarry to view it on screen.
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Aug 7 2015, 12:34 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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some starts fishing energy stocks....where will be oil bottom this round?
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Aug 7 2015, 12:48 AM
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All Stars
17,100 posts Joined: Mar 2005
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latest...
chinese gomen spent 900b yuan to prop the chinese market for last 2 months. still planning 1 trillion to support the market. |
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Aug 7 2015, 01:17 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Aug 7 2015, 12:34 AM) some starts fishing energy stocks....where will be oil bottom this round? as oil price continue to fall in the last few days, i notice the oil/energy etf's stopped falling or slowed in the decline.not much more to fall? or waiting to fall off a cliff? crude now bouncing around 44.50 after falling 1.3%. taking a breather, resume fall to 42 next week? |
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Aug 7 2015, 01:19 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Aug 7 2015, 01:17 AM) as oil price continue to fall in the last few days, i notice the oil/energy etf's stopped falling or slowed in the decline. exactly, that's the tricky part. Are we about to see a clif or the fall has exhausted? That's the question raised when movement slows. A billion dollar question. not much more to fall? or waiting to fall off a cliff? crude now bouncing around 44.50 after falling 1.3%. taking a breather, resume fall to 42 next week? back to broad market. Is it bull or bear it seems now? This post has been edited by yok70: Aug 7 2015, 01:20 AM |
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Aug 7 2015, 01:27 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Aug 7 2015, 01:19 AM) exactly, that's the tricky part. Are we about to see a clif or the fall has exhausted? That's the question raised when movement slows. A billion dollar question. been falling 22 out of last 30 sessions.back to broad market. Is it bull or bear it seems now? all the data we have at hand does not indicate any significant recovery coming. may not fall that much that fast anymore, though. careful, careful... |
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Aug 7 2015, 02:39 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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weak bear?....
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Aug 7 2015, 10:04 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(mikehwy @ Aug 7 2015, 12:33 AM) things are really dropping now. look at that sune, now -4.5 or -19% !!! so scarry to view it on screen. Gosh.. was the quarterly missed that bad?Heck.. even AMZN loses more money but didn't get punished like this. Very tempted to get back in here but bears are so darn strong now for this stock. This post has been edited by danmooncake: Aug 7 2015, 10:04 AM |
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Aug 7 2015, 10:07 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(mikehwy @ Aug 7 2015, 12:48 AM) latest... The artificial support from the Chinese gomen makes their market almost un-investable now.chinese gomen spent 900b yuan to prop the chinese market for last 2 months. still planning 1 trillion to support the market. People will sell when it gets to 4500 and buy when it gets to 3500 (govt got a PUT in the market). No more real investors.. all govt or govt linked companies buy and sell to each other. |
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Aug 7 2015, 10:28 AM
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All Stars
24,453 posts Joined: Nov 2010
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2 things to watch today...
non-farm payrolls - if too good, sure rate hike in sep! that will drive market down, crude prices down. locally, bnm fx reserves report. rm/usd now 3.9275. market is expect a huge drop in reserves, it seems. |
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Aug 7 2015, 05:23 PM
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All Stars
17,100 posts Joined: Mar 2005
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what time is the non farm job report n any idea of the outcome? + or -? wage rates?
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Aug 7 2015, 05:35 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 7 2015, 05:23 PM) what time is the non farm job report n any idea of the outcome? + or -? wage rates? U.S. stock index futures indicated a higher open on Friday with investors eyeing the latest release of U.S. jobs data, which are due at 8:30 a.m. ET. |
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Aug 7 2015, 07:17 PM
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All Stars
24,453 posts Joined: Nov 2010
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cnbc has take notice...
QUOTE UPDATE 1-Malaysia reserves fall below $100 bln as ringgit slumps "I won't say there is panic now but we are quite close," Amy Yuan Zhuang, a senior analyst at Nordea Markets in Singapore, said prior to announcement of end-July reserves. "The falling FX reserves could be a sign that BNM is trying to limit the ringgit's losses," she said, adding that meant investors could not exclude the possibility of some form of capital controls being imposed. In a note prior to the release, Societe Generale said that if reserves fall toward $90 billion, BNM is "likely to 'let it go'." Societe Generale revised its ringgit forecast for the third quarter to 4.1000 from 3.8000. http://www.cnbc.com/2015/08/07/reuters-ame...git-slumps.html |
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Aug 7 2015, 08:52 PM
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All Stars
24,453 posts Joined: Nov 2010
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Futures extend losses amid jobs data
and crude falls again... |
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Aug 7 2015, 09:31 PM
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Junior Member
431 posts Joined: Apr 2010
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QUOTE(danmooncake @ Aug 6 2015, 09:56 PM) Also, if Oil goes to $40... it will be very interesting. Tapis should be about $10-12 above Brent.Many oil companies can shut down (if their cost is more than $40). Eventho, tapis quality can sell higher (around the brent price) but, I think Malaysia will suffer most pain, I read somewhere offshore rig Malaysia cost is around $45-$50 for producing them. |
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Aug 7 2015, 09:36 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(nanan75 @ Aug 7 2015, 09:31 PM) Tapis should be about $10-12 above Brent. It's not... maybe $1-$3 more.. but not that high spread. |
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Aug 7 2015, 10:07 PM
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All Stars
24,453 posts Joined: Nov 2010
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crude now testing 44...
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Aug 8 2015, 12:44 AM
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All Stars
17,100 posts Joined: Mar 2005
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whole show is vicious, with high USD, low oils, uncertain local political stories, much lower foreign reserves .... wonder what else will come on next?
dows is down by over 700 points by now. i am staying aside and see see only as my coins are small and humble. |
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Aug 8 2015, 12:50 AM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 7 2015, 07:17 PM) cnbc has take notice... QUOTEUPDATE 1-Malaysia reserves fall below $100 bln as ringgit slumps "I won't say there is panic now but we are quite close," Amy Yuan Zhuang, a senior analyst at Nordea Markets in Singapore, said prior to announcement of end-July reserves. "The falling FX reserves could be a sign that BNM is trying to limit the ringgit's losses," she said, adding that meant investors could not exclude the possibility of some form of capital controls being imposed. In a note prior to the release, Societe Generale said that if reserves fall toward $90 billion, BNM is "likely to 'let it go'." Societe Generale revised its ringgit forecast for the third quarter to 4.1000 from 3.8000. http://www.cnbc.com/2015/08/07/reuters-ame...git-slumps.html to let go = no further support and free fall? anyway, might update my little bank book, hoping some rm might leak into my acc. lol |
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Aug 8 2015, 12:55 AM
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All Stars
17,100 posts Joined: Mar 2005
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looking at it again ...
[ SUNE 15.77 -1.31 -8.08% ] this fello is now lower than the usd 16 before it made a move to short over usd33 after streams of good news in opening more projects .... |
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Aug 8 2015, 01:00 AM
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All Stars
17,100 posts Joined: Mar 2005
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sigh sigh, for bad job report market shouted bad economy and slow growth, now, for good job report the market is shouting rate rise, rise la rise la, and same effect = prices making huge jump downwards. actually, what do they want?
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Aug 8 2015, 01:04 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 8 2015, 12:44 AM) whole show is vicious, with high USD, low oils, uncertain local political stories, much lower foreign reserves .... wonder what else will come on next? 2 things guaranteed - gomem issue more bonds & sukuks, u pay more tax. |
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Aug 8 2015, 01:11 AM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 8 2015, 01:04 AM) 2 things guaranteed - gomem issue more bonds & sukuks, u pay more tax. bloomberg tv earlier at 10pm local time was saying mat salleh are selling and holding lesser and lesser soverign bonds by alot (forgot the actual numbers). wonder who still want to buy our gomen bonds? ya, tax might be adjusted in the way they set petrol prices (without any transparency). i am paying gst from morning breakfast at Tesco till evening when i am buying sundries. my am bank malay lady friend just told me she was tired with gst. i saw it in her eyes. |
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Aug 8 2015, 01:15 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(mikehwy @ Aug 8 2015, 01:00 AM) sigh sigh, for bad job report market shouted bad economy and slow growth, now, for good job report the market is shouting rate rise, rise la rise la, and same effect = prices making huge jump downwards. actually, what do they want? when you think it's just noise, ignore it. Stay firm for your judgement. |
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Aug 8 2015, 01:23 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 8 2015, 01:11 AM) bloomberg tv earlier at 10pm local time was saying mat salleh are selling and holding lesser and lesser soverign bonds by alot (forgot the actual numbers). wonder who still want to buy our gomen bonds? there will be buyers. just have to pay more interest.mgs yields have been as high as 5% before. http://www.tradingeconomics.com/malaysia/g...ment-bond-yield now, it's only 4.18%, can take another 200b debt, no sweat. http://www.bnm.gov.my/index.php?tpl=govtsecuritiesyield |
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Aug 8 2015, 01:28 AM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(yok70 @ Aug 8 2015, 01:15 AM) when you think it's just noise, ignore it. Stay firm for your judgement. ya, its noise to me, but i simply dont have the guts to go forward alone while there is nobody behind me. haha, very scarry one. self belief aside, always better to go with the crowd/trend.This post has been edited by mikehwy: Aug 8 2015, 01:28 AM |
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Aug 8 2015, 01:31 AM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 8 2015, 01:23 AM) there will be buyers. just have to pay more interest. 200b capability? isnt this amount is over and above our foreign reserve? ( i cant get the just announced foreign reserve figure)mgs yields have been as high as 5% before. http://www.tradingeconomics.com/malaysia/g...ment-bond-yield now, it's only 4.18%, can take another 200b debt, no sweat. http://www.bnm.gov.my/index.php?tpl=govtsecuritiesyield |
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Aug 8 2015, 01:34 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 8 2015, 01:28 AM) ya, its noise to me, but i simply dont have the guts to go forward alone while there is nobody behind me. haha, very scarry one. self belief aside, always better to go with the crowd/trend. there is nothing to play with current conditions.except - short or inverse oil. it's been almost 4 hrs, the oils bears are still cracking 44.0. and i am getting sleepy... |
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Aug 8 2015, 01:36 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 8 2015, 01:31 AM) 200b capability? isnt this amount is over and above our foreign reserve? ( i cant get the just announced foreign reserve figure) no la.... <100b usd fx reserves does not stop more borrowing.debt now is about 700-800b rm now, another 100-200b rm, can. This post has been edited by AVFAN: Aug 8 2015, 01:37 AM |
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Aug 8 2015, 01:37 AM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 8 2015, 01:34 AM) there is nothing to play with current conditions. mee too. its been a taxing week. sleepy too ....except - short or inverse oil. it's been almost 4 hrs, the oils bears are still cracking 44.0. and i am getting sleepy... |
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Aug 8 2015, 10:03 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Aug 7 2015, 02:39 AM) weak bear?.... weak bear again.losses... 7 days in a row. crude finally broke 44, at 43.76. next stop... 43, 42? |
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Aug 8 2015, 10:06 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(AVFAN @ Aug 8 2015, 10:03 AM) weak bear again. I'm shooting for $40.. just because it is a round psych number. losses... 7 days in a row. crude finally broke 44, at 43.76. next stop... 43, 42? Anyway, I think next week (overall) market may bomb. The Dow already below that 200ma, next is SP500, followed by Nasdaq - the strongest so far held up by a few largest market cap stock like AMZN,GOOG,FB. Heck.. even AAPL already shaky here at 115. What's another -10 to -15 pts to $100 later, rite? If happens, let's buy! This post has been edited by danmooncake: Aug 8 2015, 10:06 PM |
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Aug 9 2015, 12:13 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(danmooncake @ Aug 8 2015, 10:06 PM) I'm shooting for $40.. just because it is a round psych number. i hv no mood to by add anything new. just hold on to what i hv, which is back to zero usd roi for the year. Anyway, I think next week (overall) market may bomb. The Dow already below that 200ma, next is SP500, followed by Nasdaq - the strongest so far held up by a few largest market cap stock like AMZN,GOOG,FB. Heck.. even AAPL already shaky here at 115. What's another -10 to -15 pts to $100 later, rite? If happens, let's buy! but... trading crude/inverse is fun. |
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Aug 10 2015, 05:51 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE Bomb blast, US consulate attacked in Istanbul: Reports http://www.cnbc.com/2015/08/10/bomb-blast-...ul-reports.html |
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Aug 10 2015, 10:04 PM
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All Stars
17,100 posts Joined: Mar 2005
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huh, a relief to see green stuff around after 7 days.
still, i feel many prices are struggling to stay higher. |
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Aug 11 2015, 12:02 AM
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All Stars
17,100 posts Joined: Mar 2005
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latest ....
3 analysts included nomura were saying fruit's decline is highly unjustified, a buy call, temp pullback last few days ... buy. US, people are selling bonds. china rise today riding on the news of shipliners. note: 7 sep fruit launching new products .. phone and something elses ... This post has been edited by mikehwy: Aug 11 2015, 12:58 AM |
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Aug 11 2015, 12:24 AM
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Senior Member
1,311 posts Joined: Jan 2012
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hello everyone
nice to meet you guys.. I am very interested in getting US stock and I check around this forum but couldnt find an article/guide on how to purchase US stock.. Maybe thats because i still dont know what are the common keyword used in this industry. but nevertheless, may i know how do you guys purchase the US stocks? Any reputable brokers to recommend? (or can we purchase directly) |
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Aug 11 2015, 12:35 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(em0kia @ Aug 11 2015, 12:24 AM) hello everyone u will find some good info if u look up the links provided in this thread: nice to meet you guys.. I am very interested in getting US stock and I check around this forum but couldnt find an article/guide on how to purchase US stock.. Maybe thats because i still dont know what are the common keyword used in this industry. but nevertheless, may i know how do you guys purchase the US stocks? Any reputable brokers to recommend? (or can we purchase directly)https://forum.lowyat.net/topic/2378747/+60 |
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Aug 11 2015, 12:38 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 10 2015, 10:04 PM) huh, a relief to see green stuff around after 7 days. ya, some rain after a long drought! still, i feel many prices are struggling to stay higher. was going to take some profit on inverse crude, then this happened! guess i hv to wait for the technicians and engineers to fix the malfunction. In Monday's session, gasoline futures jumped about 3 percent, heading for its largest daily gain in a month, after BP's 240,000 barrel per day crude distillation unit at its Whiting, Indiana, refinery, was shut by a malfunction on Saturday, sources familiar with operations at the plant said. |
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Aug 11 2015, 01:00 AM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 11 2015, 12:38 AM) ya, some rain after a long drought! oil rebounding n i cant see any reasons? or is it a technical rebound after getting smashed for a long while? was going to take some profit on inverse crude, then this happened! guess i hv to wait for the technicians and engineers to fix the malfunction. In Monday's session, gasoline futures jumped about 3 percent, heading for its largest daily gain in a month, after BP's 240,000 barrel per day crude distillation unit at its Whiting, Indiana, refinery, was shut by a malfunction on Saturday, sources familiar with operations at the plant said. |
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Aug 11 2015, 01:03 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(mikehwy @ Aug 11 2015, 01:00 AM) oil rebounding n i cant see any reasons? or is it a technical rebound after getting smashed for a long while? touched 44 low, gotta technical rebound a bit loh otherwise machines no rice eat already if can't show off their power . |
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Aug 11 2015, 01:05 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 11 2015, 01:00 AM) oil rebounding n i cant see any reasons? or is it a technical rebound after getting smashed for a long while? well... it has been falling and falling, some rebound takes very little.a bomb blast in instanbul plus a us refinery broke down - that's all it took to push it up 2-3%. can't see it go up much further. |
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Aug 11 2015, 01:06 AM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(yok70 @ Aug 11 2015, 01:03 AM) touched 44 low, gotta technical rebound a bit loh otherwise machines no rice eat already if can't show off their power . haha. agree.we saw low of 43+ anad wish i have the facility to short it, but none wor. |
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Aug 11 2015, 01:17 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 11 2015, 01:06 AM) haha. agree. the downtrend is intact.we saw low of 43+ anad wish i have the facility to short it, but none wor. it may just drop like a stone anytime! anyway, some good reading - of currencies, commodities and emerging markets: QUOTE EM currency crunch to last beyond Fed hike This post has been edited by AVFAN: Aug 11 2015, 01:22 AMhttp://www.cnbc.com/2015/08/10/em-currency...d-fed-hike.html Rumors of commodities' demise are not being exaggerated http://www.cnbc.com/2015/08/09/-are-dying-a-slow-death.html Maybe the Commodities Supercycle Is Actually Real http://www.bloombergview.com/articles/2015...s-actually-real End of Commodities Supercycle? http://www.forbes.com/sites/michaellynch/2...-energy-subset/ |
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Aug 11 2015, 06:06 PM
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All Stars
24,453 posts Joined: Nov 2010
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tonite will be fun.
.. china rmb devaluation .. usd rising .. crude falling .. euro in red .. futures -1xx if u dun know yet, rm is now past 4.0. http://www.xe.com/currencycharts/?from=USD&to=MYR&view=12h |
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Aug 11 2015, 08:27 PM
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All Stars
17,100 posts Joined: Mar 2005
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looking like aa triple digit decline at early hours of opening.
no guts to view nor picking any cheappies.... |
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Aug 11 2015, 08:39 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(AVFAN @ Aug 11 2015, 06:06 PM) tonite will be fun. Waah.. more power to the dollar with the rmb devaluation. More pressure for ringgit to go down even more. .. china rmb devaluation .. usd rising .. crude falling .. euro in red .. futures -1xx if u dun know yet, rm is now past 4.0. http://www.xe.com/currencycharts/?from=USD&to=MYR&view=12h Heck.. I'll wait till 4.1x then before next weekend trip to JB. |
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Aug 11 2015, 08:49 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(danmooncake @ Aug 11 2015, 08:39 PM) Waah.. more power to the dollar with the rmb devaluation. More pressure for ringgit to go down even more. it took only a short time to get to 4.0.Heck.. I'll wait till 4.1x then before next weekend trip to JB. 4.1 next weekend, a litle tough... go next month la... |
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Aug 11 2015, 09:37 PM
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All Stars
17,100 posts Joined: Mar 2005
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wa. ugly opening except goog going alphabet, +35 !
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Aug 11 2015, 09:59 PM
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All Stars
24,453 posts Joined: Nov 2010
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crude crashing faster than the rm!
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Aug 11 2015, 10:07 PM
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All Stars
17,100 posts Joined: Mar 2005
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latest ...
local gomen issued 5b bonds. over subscribed 1.74 times, lowest in 6 (?) years ... meryll lynch saying china's currency dev is only the beginning. more 'something big' is coming as it would not lower interest rates....volatility! This post has been edited by mikehwy: Aug 11 2015, 10:13 PM |
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Aug 12 2015, 12:41 AM
Show posts by this member only | IPv6 | Post
#319
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Junior Member
7 posts Joined: Aug 2015
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Newbie in the house =) Would like to ask, is there a safer way to transfer the fund to the online brokerage site like Interactive Broker ( IB ), or I should test it with 100, the subsequently bigger amount? I checked the website but couldnt comprehend firmly, so any sifu here with IB account can shed some light as for fund transfer how it works?
Besides the W- 8BEN form is just for declaration of tax so just confirm can already right? Thanks alot sifu =) |
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Aug 12 2015, 01:00 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(dragonfire88 @ Aug 12 2015, 12:41 AM) Newbie in the house =) Would like to ask, is there a safer way to transfer the fund to the online brokerage site like Interactive Broker ( IB ), or I should test it with 100, the subsequently bigger amount? I checked the website but couldnt comprehend firmly, so any sifu here with IB account can shed some light as for fund transfer how it works? IB matters:Besides the W- 8BEN form is just for declaration of tax so just confirm can already right? Thanks alot sifu =) https://forum.lowyat.net/topic/3396549/+40 |
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Aug 12 2015, 01:16 AM
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All Stars
24,453 posts Joined: Nov 2010
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ugly, ugly...
aapl cheap sale! crude struggling to stay above 43... |
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Aug 12 2015, 02:08 AM
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All Stars
24,453 posts Joined: Nov 2010
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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 |
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Aug 12 2015, 11:19 AM
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All Stars
10,123 posts Joined: Aug 2007
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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 |
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Aug 12 2015, 02:07 PM
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All Stars
17,100 posts Joined: Mar 2005
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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 |
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Aug 12 2015, 03:00 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 12 2015, 02:07 PM) i am expecting more qe from the chinese to support its econ growth. no good.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 QUOTE China July data: A new slew of misses http://www.cnbc.com/2015/08/12/china-july-...-output-60.html expect crude to dive to new low tonight. |
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Aug 12 2015, 05:10 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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big bear on bursa continues....
hesitating bear on china/hk..... emerging bear on US.....i suspect could be a one leg broken.... |
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Aug 12 2015, 05:30 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(danmooncake @ Aug 12 2015, 11:19 AM) I think there is a silver lining to China intentional devaluation of its currency. kind of agree. 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. 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. |
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Aug 12 2015, 05:33 PM
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All Stars
24,453 posts Joined: Nov 2010
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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. |
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Aug 12 2015, 05:51 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 12 2015, 05:33 PM) china's move is surely an attempt to make it cheaper for other countries to keep buying or buy more from them. 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 .... which means us cos. earning rmb->usd will get screwed bad. hence aapl the loser! anyway, think mama bear tonite, brace yrself. |
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Aug 12 2015, 05:52 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(yok70 @ Aug 12 2015, 05:30 PM) kind of agree. yaya. i think the market is over reacted, or the shorters are getting the excuses to shoot! not so good for me le 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. |
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Aug 12 2015, 06:14 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 12 2015, 05:51 PM) 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 .... 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 |
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Aug 12 2015, 06:35 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Aug 12 2015, 06:14 PM) u know, with the triple whammy of falling rm (or rising usd), falling oil, and rmb devaluation (and hence compounding falling rm, rising usd).. you are hedge fund manager. 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.... |
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Aug 12 2015, 06:37 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Aug 12 2015, 06:35 PM) you are hedge fund manager. watch aapl... europe trading 111.65. |
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Aug 12 2015, 08:35 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Aug 12 2015, 06:37 PM) watch aapl... europe trading 111.65. waiting 106. |
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Aug 12 2015, 08:57 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(yok70 @ Aug 12 2015, 08:35 PM) 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. |
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Aug 12 2015, 09:40 PM
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All Stars
17,100 posts Joined: Mar 2005
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the roof is torn. everything coming down. today is about guessmg hiw far each goes down. aapl 110+
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Aug 12 2015, 09:43 PM
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All Stars
17,100 posts Joined: Mar 2005
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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 |
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Aug 12 2015, 09:49 PM
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All Stars
17,100 posts Joined: Mar 2005
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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
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Aug 12 2015, 09:54 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(danmooncake @ Aug 12 2015, 08:57 PM) Me too... I'm waiting 105.xx i'sh. I'll dive back in. i'm interested to know what attracts you on this watch? please share share. 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. 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. |
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Aug 12 2015, 09:56 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 12 2015, 09:49 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 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. |
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Aug 12 2015, 10:04 PM
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All Stars
17,100 posts Joined: Mar 2005
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latest....
baba smashed back to ipo level. ah ma is planning 4b buy back within 2 years thursday morning, people bank of china will hold press conference to explain their financial 'strategy'. (china has been holding on their 7% gdp, and at least 6.5) This post has been edited by mikehwy: Aug 12 2015, 11:25 PM |
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Aug 13 2015, 12:20 AM
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Senior Member
9,348 posts Joined: Aug 2010
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Bloomberg claimed that the RMB devaluation is akin to the SNB dropping their peg against the Euro awhile back,.... wow,... really big effect to the wrld.
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Aug 13 2015, 12:30 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Aug 12 2015, 08:35 PM) waiting 106. green, touching 114!QUOTE(mikehwy @ Aug 12 2015, 10:04 PM) thursday morning, people bank of china will hold press conference to explain their financial 'strategy'. zeti also speaking tmrw.doubtful there is any strategy. maybe retiring, say bye? |
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Aug 13 2015, 12:36 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Aug 13 2015, 12:30 AM) green, touching 114! fruit beautiful rebound. looks like no chance for 106 today. zeti also speaking tmrw. doubtful there is any strategy. maybe retiring, say bye? if zeti retire, RM 5 coming. |
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Aug 13 2015, 12:40 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Aug 13 2015, 12:36 AM) if zeti retire, RM 5 coming. that will be if they put a cgpa 3.85 fella in the job. |
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Aug 13 2015, 06:18 AM
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All Stars
10,123 posts Joined: Aug 2007
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Strong reversal day for Dow and SP500. Good for energy too... mini groupers are seeing swimming around already.
I think they're putting more money into US market and taking them out from emerging for every rally. |
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Aug 13 2015, 06:45 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(danmooncake @ Aug 13 2015, 06:18 AM) Strong reversal day for Dow and SP500. Good for energy too... mini groupers are seeing swimming around already. beautiful graph on today's rebound. i long today, now the transaction paper gain 7% already. I think they're putting more money into US market and taking them out from emerging for every rally. |
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Aug 13 2015, 09:52 AM
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All Stars
24,453 posts Joined: Nov 2010
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more turbulence coming?
The People's Bank of China (PBoC) weakened the yuan against the dollar for a third consecutive day on Thursday, following reports the central bank intervened to stem the currency's sharp slide late on Wednesday. The PBoC set the yuan fixing at 6.4010 on Thursday, weaker than the previous day's close of 6.3870 and 1.1 percent down on Wednesday's fix of 6.3306. |
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Aug 13 2015, 01:37 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 13 2015, 09:52 AM) more turbulence coming? announced already? what time?The People's Bank of China (PBoC) weakened the yuan against the dollar for a third consecutive day on Thursday, following reports the central bank intervened to stem the currency's sharp slide late on Wednesday. The PBoC set the yuan fixing at 6.4010 on Thursday, weaker than the previous day's close of 6.3870 and 1.1 percent down on Wednesday's fix of 6.3306. yday they said it was 2nd and last in the near future! china man is now highly unpredictable. today the Bank was suppossed to ONLY explaining its last 2 days devaluation !!! the world is losing faith in what they r saying v soon, including me. |
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Aug 13 2015, 01:39 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(yok70 @ Aug 13 2015, 06:45 AM) beautiful graph on today's rebound. i long today, now the transaction paper gain 7% already. + 7% in one day trade, wow!!! next time tell me what to bet, lol. congrats. |
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Aug 13 2015, 01:57 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 13 2015, 12:40 AM) that will be if they put a cgpa 3.85 fella in the job. if that small specky botak tskes iver then its national financial dissaster, "u dont die but I die" syndrome! klse shall bebegin with Kampung Ian s e .. |
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Aug 13 2015, 02:00 PM
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Senior Member
9,348 posts Joined: Aug 2010
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QUOTE(mikehwy @ Aug 13 2015, 02:37 PM) announced already? what time? And they can 'opnly' tell the whole world thy are devaluing their currency. yday they said it was 2nd and last in the near future! china man is now highly unpredictable. today the Bank was suppossed to ONLY explaining its last 2 days devaluation !!! the world is losing faith in what they r saying v soon, including me. |
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Aug 13 2015, 03:47 PM
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All Stars
24,453 posts Joined: Nov 2010
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now, add this...
QUOTE U.S. F-16s Launch First Attack From Turkey Against Islamic State Selcan Hacaoglu Anthony Capaccio August 13, 2015 — 6:38 AM MYT U.S. F-16 fighter jets hit Islamic State targets in northern Syria in their first airstrikes from Turkey’s Incirlik air base since winning approval to use it last month, according to Pentagon officials. Six of the jets made by Lockheed Martin Corp. took part in the strikes that are part of a “deeper U.S.-Turkey counter-ISIL cooperation,” Navy Commander Elissa Smith, a Pentagon spokeswoman, said in an e-mailed statement, using an acronym for Islamic State forces. The U.S. began drone flights from Incirlik last week after Turkey agreed in July to a long-standing American request to use the base for closer airstrikes. |
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Aug 13 2015, 08:04 PM
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All Stars
17,100 posts Joined: Mar 2005
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cheaperer local petrol price comws sept? shd be lower than the 1.70 if we use the same formula (we got or not?)..nymex dipping to 42
This post has been edited by mikehwy: Aug 13 2015, 08:05 PM |
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Aug 13 2015, 08:07 PM
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All Stars
17,100 posts Joined: Mar 2005
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latest...
our 1mdb probe completed. zeti just announced the papers hv been submitted to AG. |
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Aug 13 2015, 08:57 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 13 2015, 08:04 PM) cheaperer local petrol price comws sept? shd be lower than the 1.70 if we use the same formula (we got or not?)..nymex dipping to 42 should be.only thing is possible jeep gets yes-cabinet to quick-quick agree to new petrol tax, no need to announce. tonite will be fun... europe up, futures+.. crude... down and down... after 2 days battling at 43, the bears won... we'll see if it will dive to 42 next 2 days. from now on, anything can happen... |
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Aug 13 2015, 09:47 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 13 2015, 08:57 PM) should be. mild start. flat atm. well, at least i am not saying (like last few days) triple digit red. haha ....good for a change, healthy sight around. will it hold well into 2am (usually the swing is here) ?only thing is possible jeep gets yes-cabinet to quick-quick agree to new petrol tax, no need to announce. tonite will be fun... europe up, futures+.. crude... down and down... after 2 days battling at 43, the bears won... we'll see if it will dive to 42 next 2 days. from now on, anything can happen... |
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Aug 13 2015, 09:56 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 13 2015, 09:47 PM) mild start. flat atm. well, at least i am not saying (like last few days) triple digit red. haha ....good for a change, healthy sight around. will it hold well into 2am (usually the swing is here) ? i actually notice the swings usually come at 11pm, when i am watching my tv shows! din't expect it to happen so soon - new crude battle for 42.50. |
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Aug 13 2015, 09:57 PM
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All Stars
17,100 posts Joined: Mar 2005
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fruit again? sometimes it looks 'cheap' to me now, and sometimes it looks abit 'over price' to me. lets wait.
p/s: 9/sep launching new phones and pads. This post has been edited by mikehwy: Aug 13 2015, 09:58 PM |
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Aug 13 2015, 10:48 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 13 2015, 09:57 PM) fruit again? sometimes it looks 'cheap' to me now, and sometimes it looks abit 'over price' to me. lets wait. the fruit doing ok wor... surprise! p/s: 9/sep launching new phones and pads. |
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Aug 13 2015, 11:26 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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2130 coming? ....
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Aug 13 2015, 11:33 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(AVFAN @ Aug 13 2015, 10:48 PM) the fruit doing ok wor... surprise! 109 TO 115.. not bad but not good enough yet.I didn't dip my toes yesterday. I think more sale to come. Just wanted at least 105-106 level. I'm too cheap here. But, we still got some at last year price - which was below $100. Wifey didn't want to sell those.. |
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Aug 13 2015, 11:59 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(danmooncake @ Aug 13 2015, 11:33 PM) 109 TO 115.. strong support at 110. needs more negative news to break that down. today spreading some "disappointment on iphone 6s" news, lets see how that goes. not bad but not good enough yet.I didn't dip my toes yesterday. I think more sale to come. Just wanted at least 105-106 level. I'm too cheap here. But, we still got some at last year price - which was below $100. Wifey didn't want to sell those.. |
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Aug 14 2015, 12:38 AM
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All Stars
24,453 posts Joined: Nov 2010
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this is interesting...
QUOTE "Clearly, when we saw the futures roll over, that's when we we saw oil roll over," said Art Hogan, chief market strategist at Wunderlich Securities. "Right now the correlation between the Dow and WTI is as tight as I've seen it." http://www.cnbc.com/2015/08/13/stocks-open...gests-data.html both dow and wti rose on the same days 28, 29 july and 10 aug. rest of the days, they fell together. based on that, dow will turn red later today as wti is unlikely to go green after losing 2.5%. this analysis puts next support level at 41.68...? http://www.dailyfx.com/forex/technical/art...-at-Bounce.html very bearish... QUOTE Crude Sinks into Steep Short Term Downtrend Line http://www.dailyfx.com/forex/technical/ell...tWaves_oil.html  This post has been edited by AVFAN: Aug 14 2015, 12:42 AM |
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Aug 14 2015, 01:11 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Aug 14 2015, 12:38 AM) this is interesting... LOL!both dow and wti rose on the same days 28, 29 july and 10 aug. rest of the days, they fell together. |
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Aug 14 2015, 01:59 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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today low volume....sideline market....waiting to up or down?
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Aug 14 2015, 02:07 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Aug 14 2015, 01:59 AM) today low volume....sideline market....waiting to up or down? more fun watching crude.crashed 43, crashed 42 in one night! now at 6-yr low. |
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Aug 14 2015, 02:16 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(AVFAN @ Aug 14 2015, 02:07 AM) more fun watching crude. The energy index ETF (XLE) seems to be holding up...despite crude crashing back to low 42.crashed 43, crashed 42 in one night! now at 6-yr low. but, not sure if it can hang on yet.. if oil does crash below 40 later. |
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Aug 14 2015, 02:22 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(yok70 @ Aug 13 2015, 11:59 PM) strong support at 110. needs more negative news to break that down. today spreading some "disappointment on iphone 6s" news, lets see how that goes. Sometimes, I wonder about AAPL. A lot of people really got very high expectations that it must excel all the time. Despite making billions every year.. its stock price hardly move much and its valuation getting cheaper every quarter with all those cash.Relative to other tech stocks (like AMZN and NFLX), which most hardly had any positive earnings, their stocks soared like rocket ship. |
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Aug 14 2015, 02:26 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(danmooncake @ Aug 14 2015, 02:16 AM) The energy index ETF (XLE) seems to be holding up...despite crude crashing back to low 42. yes, i noticed that quite some days ago.but, not sure if it can hang on yet.. if oil does crash below 40 later. not only xle. oih too does not seem to fall much anymore at 31.xx while crude keeps falling. i am fearful these will fall off a cliff at some stage if crude keeps going down. |
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Aug 14 2015, 02:47 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(AVFAN @ Aug 14 2015, 02:26 AM) yes, i noticed that quite some days ago. Both USO and XOP follows Crude price closer than XLE.not only xle. oih too does not seem to fall much anymore at 31.xx while crude keeps falling. i am fearful these will fall off a cliff at some stage if crude keeps going down. Take a look at the leverage side of XOP: GUSH and DRIP Their ticker names should be inverse of their chart pattern. |
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Aug 14 2015, 02:58 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Aug 14 2015, 02:07 AM) more fun watching crude. i think high chance to break down 40 soon... crashed 43, crashed 42 in one night! now at 6-yr low. |
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Aug 14 2015, 03:00 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(danmooncake @ Aug 14 2015, 02:22 AM) Sometimes, I wonder about AAPL. A lot of people really got very high expectations that it must excel all the time. Despite making billions every year.. its stock price hardly move much and its valuation getting cheaper every quarter with all those cash. yap, it's so weird that the best performer tech giant is the cheapest as well. I think too many big funds are still at collecting or holding stage? Therefore nobody interested to push price up (for selling). Relative to other tech stocks (like AMZN and NFLX), which most hardly had any positive earnings, their stocks soared like rocket ship. |
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Aug 14 2015, 09:14 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Aug 14 2015, 02:58 AM) i think high chance to break down 40 soon... from the charts, it dipped momentarily to 39.54 at 6am this morning!and see how dow almost turned red to follow crude falling. QUOTE(danmooncake @ Aug 14 2015, 02:47 AM) Take a look at the leverage side of XOP: GUSH and DRIP those 2 are low volumes, hard to trade.Their ticker names should be inverse of their chart pattern. i prefer dwti and uco. been good. |
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Aug 14 2015, 11:33 AM
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All Stars
10,123 posts Joined: Aug 2007
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Tonight.. let see if how low can EWM..go here.... already 5 years low.
Malaysia corporate earnings all gone for this year. |
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Aug 14 2015, 11:36 AM
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Junior Member
53 posts Joined: Sep 2005
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Hello Guys,
i m new here,any of you into SUNE? judging from the pullback from the peak, the stock currently have relatively low rsi, well 2 days ago, not now.. thinking of grabbing some, but looking at the exchange rate is killing... any input? |
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Aug 14 2015, 11:51 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(danmooncake @ Aug 14 2015, 11:33 AM) Tonight.. let see if how low can EWM..go here.... already 5 years low. but u get to go to jb this weekend at 4.1. Malaysia corporate earnings all gone for this year. |
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Aug 14 2015, 12:18 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(Merubin @ Aug 14 2015, 11:36 AM) Hello Guys, Some one here was holding SUNE. But, yesterday, got dead cat bounce. Probably tradable low here.i m new here,any of you into SUNE? judging from the pullback from the peak, the stock currently have relatively low rsi, well 2 days ago, not now.. thinking of grabbing some, but looking at the exchange rate is killing... any input? Hold your stop at 12. |
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Aug 14 2015, 12:21 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(AVFAN @ Aug 14 2015, 11:51 AM) but u get to go to jb this weekend at 4.1. Yaah... man. Taking family out for makan and shopping. Musang King.. here I come! |
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Aug 14 2015, 12:26 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(danmooncake @ Aug 14 2015, 12:18 PM) Some one here was holding SUNE. But, yesterday, got dead cat bounce. Probably tradable low here. yoo. i was the 1 who HELD sune, but disposed for decent profit. no longer interested at it after falling from near 36 to current level. looks like i would leave it as the alternative energy source may not be so attractive already. maybe, just maybe, i would go for trading buy.... but crude is cheaper than mineral water now (Dan said it ?) .... i will be driving more on my mega fuel eater Proton Saga 2010 from Sep as i expect our local petrol price to go 1.70 or lower? haha....i am always too optimistic. Hold your stop at 12. This post has been edited by mikehwy: Aug 14 2015, 12:27 PM |
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Aug 14 2015, 12:28 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(danmooncake @ Aug 14 2015, 12:21 PM) Yaah... man. Taking family out for makan and shopping. y not china or greek? cheaperer there ? lol .... Musang King.. here I come! |
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Aug 14 2015, 03:37 PM
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Junior Member
53 posts Joined: Sep 2005
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QUOTE(mikehwy @ Aug 14 2015, 12:26 PM) yoo. i was the 1 who HELD sune, but disposed for decent profit. no longer interested at it after falling from near 36 to current level. looks like i would leave it as the alternative energy source may not be so attractive already. maybe, just maybe, i would go for trading buy.... but crude is cheaper than mineral water now (Dan said it ?) .... i will be driving more on my mega fuel eater Proton Saga 2010 from Sep as i expect our local petrol price to go 1.70 or lower? haha....i am always too optimistic. thanks for the input put that in my KIV list.. USD.MYR = 4.08...  |
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Aug 14 2015, 05:25 PM
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Senior Member
3,109 posts Joined: Aug 2007 From: Malaysia > Singapore
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Dax GDP below expectation.
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Aug 14 2015, 07:37 PM
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All Stars
24,453 posts Joined: Nov 2010
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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... |
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Aug 14 2015, 08:28 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 14 2015, 07:37 PM) tonite appears to be a small bear... 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.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... |
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Aug 14 2015, 08:47 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 14 2015, 08:28 PM) 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... |
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Aug 14 2015, 08:49 PM
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Senior Member
855 posts Joined: Jan 2010
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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. |
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Aug 14 2015, 09:00 PM
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All Stars
17,100 posts Joined: Mar 2005
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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 |
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Aug 14 2015, 09:41 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(mikehwy @ Aug 14 2015, 09:00 PM) 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 ! ??) |
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Aug 14 2015, 09:43 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(yok70 @ Aug 14 2015, 09:41 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 !!! |
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Aug 14 2015, 09:53 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(Brother J @ Aug 14 2015, 08:49 PM) 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. short of bombs dropping, there is really no reason oil price will rebound significantly. thanks, will have all that in mind! QUOTE(mikehwy @ Aug 14 2015, 09:43 PM) exactly, he just said rm to be 3.60 soon !!! must have been misquoted. should be 6.30? |
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Aug 14 2015, 11:46 PM
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Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
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QUOTE(mikehwy @ Aug 14 2015, 09:00 PM) latest ... He is betul betul one heck of a shit..somemore call.himself with dunno wad technixal analyshitaapl 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 ! ??) |
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Aug 14 2015, 11:58 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(Bonescythe @ Aug 14 2015, 11:46 PM) 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. |
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Aug 15 2015, 01:20 AM
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All Stars
24,453 posts Joined: Nov 2010
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peace and quiet...
nothing moving much, incl crude. sleep early, nice also. |
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Aug 15 2015, 01:31 AM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 15 2015, 01:20 AM) peace and quiet... yes. too quiet for this friday evening. also nothing much about the biz news .... zzzZZZZ ...nothing moving much, incl crude. sleep early, nice also. |
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Aug 15 2015, 03:18 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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flat with low volume.....
market waiting for direction.... place your bet. |
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Aug 15 2015, 09:45 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Aug 15 2015, 03:18 AM) flat with low volume..... placed no bet last night.market waiting for direction.... place your bet. 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! |
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Aug 15 2015, 06:08 PM
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Senior Member
9,348 posts Joined: Aug 2010
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QUOTE(AVFAN @ Aug 14 2015, 08:37 PM) tonite appears to be a small bear... LIke I said earlier,.. I am more afraid of the currency raiders hitting my RM than anything else..... 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... Too bad the prediction is coming true. |
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Aug 16 2015, 01:09 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(Hansel @ Aug 15 2015, 06:08 PM) LIke I said earlier,.. I am more afraid of the currency raiders hitting my RM than anything else..... Don't worry lah. Your Ringgit today will stay the same, as long as you spend it in Malaysia. Too bad the prediction is coming true.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.. |
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Aug 16 2015, 01:16 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(danmooncake @ Aug 16 2015, 01:09 AM) Don't worry lah. Your Ringgit today will stay the same, as long as you spend it in Malaysia. durians may still be cheap - seasonal glut, maybe...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.. 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 |
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Aug 16 2015, 11:29 AM
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Senior Member
9,348 posts Joined: Aug 2010
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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. 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 !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.. CHaging back my USD/SGD into Ringgit,... would you do so to invest into ASX funds in Msia ? |
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Aug 16 2015, 01:15 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 16 2015, 01:16 AM) durians may still be cheap - seasonal glut, maybe... 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.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. |
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Aug 16 2015, 02:46 PM
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Senior Member
28,187 posts Joined: Mar 2007 From: Underworld
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Makan kangkung saja la
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Aug 17 2015, 03:31 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Aug 16 2015, 01:16 AM) durians may still be cheap - seasonal glut, maybe... so go eat at international restaurants. KFC, Burger King, Starbucks....etc. No change at all, same price same food (so far). 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. |
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Aug 17 2015, 09:18 AM
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All Stars
24,453 posts Joined: Nov 2010
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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). no, eating less junk fast food like those these days. 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. |
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Aug 17 2015, 01:40 PM
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All Stars
17,100 posts Joined: Mar 2005
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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. |
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Aug 17 2015, 01:51 PM
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Senior Member
820 posts Joined: Mar 2014
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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.
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Aug 17 2015, 02:01 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 17 2015, 01:40 PM) lets see what we can fish tonight. i am definitely going to continue fishing crude inverse. |
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Aug 17 2015, 03:50 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 17 2015, 02:01 PM) i am definitely going to continue fishing crude inverse. 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. |
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Aug 17 2015, 04:47 PM
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All Stars
24,453 posts Joined: Nov 2010
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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. 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. : |
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Aug 17 2015, 10:14 PM
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Senior Member
3,109 posts Joined: Aug 2007 From: Malaysia > Singapore
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let see the oil futures going to $29
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Aug 17 2015, 10:24 PM
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All Stars
17,100 posts Joined: Mar 2005
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about dows ... no more reasons to drive down today, so the only direction is going up? just my thought.
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Aug 17 2015, 10:26 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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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. 2130 coming? |
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Aug 17 2015, 10:28 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(yok70 @ Aug 17 2015, 10:26 PM) 2130 coming? hope so hope so le. been dripping blood for almost 2 weeks. |
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Aug 18 2015, 01:12 AM
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All Stars
24,453 posts Joined: Nov 2010
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small bull, peace and quiet again.
big chance to sleep early... |
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Aug 18 2015, 04:43 AM
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All Stars
10,123 posts Joined: Aug 2007
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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% |
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Aug 18 2015, 03:34 PM
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All Stars
24,453 posts Joined: Nov 2010
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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. xle tends to lag crude.Crude: -1.48% USO:-0.71% XOP: -0.23% XLE: +0.20% oih - 0.55% will see tonite. wti now 41.46, down, down... |
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Aug 18 2015, 03:53 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Aug 18 2015, 03:34 PM) xle tends to lag crude. 40 coming....maybe 39.... oih - 0.55% will see tonite. wti now 41.46, down, down... ringgit 4.2 coming....maybe 4.5.... This post has been edited by yok70: Aug 18 2015, 03:54 PM |
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Aug 18 2015, 04:10 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Aug 18 2015, 03:53 PM) 40 coming....maybe 39.... for now, yes, i agree with you... crude and will fall further.ringgit 4.2 coming....maybe 4.5.... 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?! gotta watch very closely, but will lose some sleep. dow/s&p/nasdaq... dicey... seems money is still leaving there and going to eu markets. |
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Aug 18 2015, 09:57 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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oil green?.....oh......
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Aug 18 2015, 10:04 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Aug 18 2015, 09:57 PM) oil green?.....oh...... on a leash... i doubt it's going anywhere far. |
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Aug 18 2015, 10:11 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 18 2015, 10:04 PM) on a leash... i doubt it's going anywhere far. latest..... opec said 'we cant just reduce our prooduction to improve the price (they need others to support the reduction)' ...opec changing tune woo ... |
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Aug 18 2015, 10:19 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 18 2015, 10:11 PM) latest..... opec said 'we cant just reduce our prooduction to improve the price (they need others to support the reduction)' ...opec changing tune woo ... this is impt part... oil is produced in many places. even a cartel can't control the price as some will need the production and $.venezuela is about to default, still want it to cut production? no way!! This post has been edited by AVFAN: Aug 18 2015, 10:19 PM |
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Aug 18 2015, 10:19 PM
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All Stars
17,100 posts Joined: Mar 2005
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latest.....
hsbc spore head of asian currency said...msiaa woild need all the reserves to suupport rm back to earlier levell ( I forgot the number). reported by a locall research, bank :1988 crisis, msia reserves was at 21b. now 96b is considered strong. so fundamentally msiaa is good! ( a malay guy at locall research house) |
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Aug 18 2015, 10:51 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(mikehwy @ Aug 18 2015, 10:11 PM) latest..... opec said 'we cant just reduce our prooduction to improve the price (they need others to support the reduction)' ...opec changing tune woo ... ya....feel the change of tone.....they suffered too hard from this oil price war..... perhaps by end of the year, we will see some aggressive negotiation happening?.....only time will tell. |
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Aug 18 2015, 10:52 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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stay firm above 2100 longer a bit, then we shall be able to see 2130 soon....only time will tell.
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Aug 18 2015, 11:01 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Aug 18 2015, 10:52 PM) stay firm above 2100 longer a bit, then we shall be able to see 2130 soon....only time will tell. i got a hunch the market will rally later in the night.and wti will fall back to 41.50. |
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Aug 18 2015, 11:07 PM
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Senior Member
984 posts Joined: Nov 2008
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QUOTE(mikehwy @ Aug 18 2015, 10:19 PM) latest..... This is a major downturn. I believe nothing is enough if u go against the wind. Almost 100b used up n now USD rate is above RM4.00. Oil is poised to drop further. China is experiencing a slowdown n is now preparing for it as she deliberately devalue the Yuan. Way back in 1998, China help us thru' the crisis by purchasing huge quantities of palm oil.hsbc spore head of asian currency said...msiaa woild need all the reserves to suupport rm back to earlier levell ( I forgot the number). reported by a locall research, bank :1988 crisis, msia reserves was at 21b. now 96b is considered strong. so fundamentally msiaa is good! ( a malay guy at locall research house) |
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Aug 19 2015, 12:51 AM
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All Stars
24,453 posts Joined: Nov 2010
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looks like another "going nowhere" session.
sleep early again.. wti still holding above 42 after 3 days. this guy thinks the rm will slide further if wti goes below 41. http://www.thestar.com.my/Business/Busines...ense/?style=biz |
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Aug 19 2015, 02:11 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Aug 19 2015, 12:51 AM) looks like another "going nowhere" session. stupid politicians continue to make big mistakes by speaking bullshit "theories". how could RM rebound? There is no reason to rebound. It can only fall further (for a period of time). sleep early again.. wti still holding above 42 after 3 days. this guy thinks the rm will slide further if wti goes below 41. http://www.thestar.com.my/Business/Busines...ense/?style=biz |
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Aug 19 2015, 10:34 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Aug 19 2015, 02:11 AM) stupid politicians continue to make big mistakes by speaking bullshit "theories". how could RM rebound? There is no reason to rebound. It can only fall further (for a period of time). that guy is a currency trader.but not seeing rm strength today despite: Short-covering ahead of Thursday's expiry of the key front-month contract in U.S. crude also lifted oil futures in New York. |
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Aug 19 2015, 09:38 PM
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All Stars
17,100 posts Joined: Mar 2005
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wow, just turned on my pc and seeing pools of blood. looking bad, from europe to US. looking bad now ....
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Aug 19 2015, 09:51 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 19 2015, 09:38 PM) wow, just turned on my pc and seeing pools of blood. looking bad, from europe to US. looking bad now .... yep, sea of blood again.except inverse crude. no eye see, go watch a movie now. |
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Aug 19 2015, 11:03 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 19 2015, 09:51 PM) yep, sea of blood again. me too. dont think the indices can fight bacl that much. dows is -200....early bedexcept inverse crude. no eye see, go watch a movie now. |
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Aug 19 2015, 11:56 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(mikehwy @ Aug 19 2015, 11:03 PM) me too. dont think the indices can fight bacl that much. dows is -200....early bed unless there are special force funds coming like the China. |
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Aug 20 2015, 12:01 AM
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All Stars
24,453 posts Joined: Nov 2010
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what's really big is the set up fro crude...
41.50 rising to 43.0 in 3 days only to fall to 41.30 within a few hours. likely to crash below 41 by end of session. |
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Aug 20 2015, 12:13 AM
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All Stars
17,100 posts Joined: Mar 2005
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latest ....
Msia spent 25b to defend the currency but no effect at all .... die la |
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Aug 20 2015, 12:28 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(mikehwy @ Aug 20 2015, 12:13 AM) latest .... HSBC suspends trading of ringgit today. Don't know for how long. Msia spent 25b to defend the currency but no effect at all .... die la |
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Aug 20 2015, 12:33 AM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 20 2015, 12:01 AM) what's really big is the set up fro crude... US stock piles rose by somthing 25m barrels (i forgot the number) ... + tomorrow's short future covering done liao ? 40 coming !41.50 rising to 43.0 in 3 days only to fall to 41.30 within a few hours. likely to crash below 41 by end of session. |
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Aug 20 2015, 12:36 AM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(yok70 @ Aug 20 2015, 12:28 AM) HSBC suspends trading of ringgit today. Don't know for how long. wa, local bank also dare not gamble on the rebound of rm? haha....sigh ..... |
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Aug 20 2015, 12:48 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(mikehwy @ Aug 20 2015, 12:36 AM) wa, local bank also dare not gamble on the rebound of rm? haha....sigh ..... HSBC is foreign bank. I'm not sure if it only at foreign country or also in Malaysia. |
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Aug 20 2015, 12:50 AM
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All Stars
17,100 posts Joined: Mar 2005
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latest ...
copper sharp drop due to chihnese 'synchronise short selling'. vietnam devalues its currency for the 3rd time this year. (note: it has been risnig sharply against sing dollar lately). fed statement at 2.30. hope it helps .... This post has been edited by mikehwy: Aug 20 2015, 12:52 AM |
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Aug 20 2015, 12:52 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 20 2015, 12:13 AM) latest .... so many have tried; last one was turkey, all died. Msia spent 25b to defend the currency but no effect at all .... die la "resistance is futile."25b... estimate by some bank? bnm is to release data on fx reserves as of 15 aug only on fri 21 aug for position on july 30. last position in end july was usd96.7bil. another rm25b used is very possible. QUOTE(mikehwy @ Aug 20 2015, 12:33 AM) US stock piles rose by somthing 25m barrels (i forgot the number) ... + tomorrow's short future covering done liao ? 40 coming ! it was 2.6 mil. usa now has almost 1/2 billion barrels in storage, many months to consume it all! i see crude dropping further. plus... latest inflation 3.3% a new high, and msg yields rising... what else to expect of rm? This post has been edited by AVFAN: Aug 20 2015, 01:05 AM |
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Aug 20 2015, 01:08 AM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 20 2015, 12:52 AM) so many have tried; last one was turkey, all died. about the inflation. actually my friends and i were talking about it for years. how come our inflation was so low earlier (for years) at below 3? we suspect not correct! "resistance is futile."25b... estimate by some bank? bnm is to release data on fx reserves as of 15 aug only on fri 21 aug for position on july 30. last position in end july was usd96.7bil. another rm25b used is very possible. it was 2.6 mil. usa now has almost 1/2 billion barrels in storage, many months to consume it all! i see crude dropping further. plus... latest inflation 3.3% a new high, and msg yields rising... what else to expect of rm? |
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Aug 20 2015, 01:14 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 20 2015, 01:08 AM) about the inflation. actually my friends and i were talking about it for years. how come our inflation was so low earlier (for years) at below 3? we suspect not correct! u gotta read bnm inflation figures this way:.. food and drinks over weighted .. housing, transport, medical underweighted .. plenty of small towns and villages data so, urban-suburban is 3 times figure reported. pre gst, 6-7%, post gst, 9-10% would be about right. |
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Aug 20 2015, 01:15 AM
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Senior Member
4,342 posts Joined: Apr 2010 From: The place that i call home :p 
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QUOTE(AVFAN @ Aug 20 2015, 01:14 AM) u gotta read bnm inflation figures this way: do some makeup like going dating..... .. food and drinks over weighted .. housing, transport, medical underweighted .. plenty of small towns and villages data so, urban-suburban is 3 times figure reported. pre gst, 6-7%, post gst, 9-10% would be about right. |
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Aug 20 2015, 01:31 AM
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All Stars
24,453 posts Joined: Nov 2010
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shocker... wti already testing 41.
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Aug 20 2015, 01:36 AM
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All Stars
17,100 posts Joined: Mar 2005
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lets guess ... what fed is to include in the statement later this evening? ... ex - rate rise depends on inflation and employment data (again?) .... there shd be something on china's devaluation too ... ?
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Aug 20 2015, 01:44 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 20 2015, 01:36 AM) lets guess ... what fed is to include in the statement later this evening? ... ex - rate rise depends on inflation and employment data (again?) .... there shd be something on china's devaluation too ... ? i doubt there is anything new and significant to read.with the china thingy, unlikely the hike will come in sep, more likely nov-dec. |
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Aug 20 2015, 01:56 AM
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All Stars
17,100 posts Joined: Mar 2005
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agree. i can see prices are recovering from days low. even some getting green, altho by aa bit, fb ....
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Aug 20 2015, 02:14 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 20 2015, 01:56 AM) agree. i can see prices are recovering from days low. even some getting green, altho by aa bit, fb .... minutes released early..."Most judged that the conditions for policy firming had not yet been achieved, but they noted that conditions were approaching that point. Participants observed that the labor market had improved notably since early this year, but many saw scope for some further improvement," the minutes said. all might go green... anyway, too sleepy, goodnight. |
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Aug 20 2015, 03:48 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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another weak bear....
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Aug 20 2015, 08:20 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(yok70 @ Aug 20 2015, 03:48 AM) another weak bear.... What.... the bear actually quite strong overnight. Crude got whacked down to 40.xx ish.If this breaks... bye bye 40s, here come 30s. Panic selling... |
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Aug 20 2015, 09:38 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(danmooncake @ Aug 20 2015, 08:20 AM) What.... the bear actually quite strong overnight. Crude got whacked down to 40.xx ish. i think it will break into lower lows and lower highs in the next few days and weeks.If this breaks... bye bye 40s, here come 30s. Panic selling... there is really nothing supporting oil price now. the rate hike/rising $ effect is now overshadowed by global economic downward spiral. commodities in a slump, china slowing, emerging markets getting whacked again and again. but it is very sensitive to news... if and when opec says "can consider production cut", it will shake things up more. This post has been edited by AVFAN: Aug 20 2015, 09:38 AM |
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Aug 20 2015, 09:43 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(AVFAN @ Aug 20 2015, 09:38 AM) i think it will break into lower lows and lower highs in the next few days and weeks. Bears will not like to hear 'production cut' words. So, they better not utter this.there is really nothing supporting oil price now. the rate hike/rising $ effect is now overshadowed by global economic downward spiral. commodities in a slump, china slowing, emerging markets getting whacked again and again. but it is very sensitive to news... if and when opec says "can consider production cut", it will shake things up more. |
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Aug 20 2015, 09:48 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(danmooncake @ Aug 20 2015, 09:43 AM) Bears will not like to hear 'production cut' words. So, they better not utter this. even production cuts may not work.opec nations are also suffering themselves - Algeria, Iraq, Libya, Nigeria and Venezuela, a group dubbed the `Fragile Five'. political turmoil already brewing... QUOTE This post has been edited by AVFAN: Aug 20 2015, 09:48 AM |
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Aug 20 2015, 12:42 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(danmooncake @ Aug 20 2015, 08:20 AM) What.... the bear actually quite strong overnight. Crude got whacked down to 40.xx ish. oil is weak....break down 40 is expected....If this breaks... bye bye 40s, here come 30s. Panic selling... SP500 is strong at 2060 support...even 2070 seems hard to break down....i see buyers......if china stabilize, bull would be back to break out 2100 then towards 2130.... just a thought This post has been edited by yok70: Aug 20 2015, 12:44 PM |
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Aug 20 2015, 12:53 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Aug 20 2015, 12:42 PM) oil is weak....break down 40 is expected.... more and more "analysts" are calling 32, 33... |
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Aug 20 2015, 02:01 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Aug 20 2015, 12:53 PM) more and more "analysts" are calling 32, 33... that makes KLCI 1400 1300 |
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Aug 20 2015, 03:47 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 20 2015, 12:53 PM) more and more "analysts" are calling 32, 33... I remember when oil hit 147, nearly all analysts call for 200. now oil hitting 40 they r out to calll fir 30, then 20....aiseh |
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Aug 20 2015, 03:49 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 20 2015, 03:47 PM) I remember when oil hit 147, nearly all analysts call for 200. now oil hitting 40 they r out to calll fir 30, then 20....aiseh that's the fun of unknowns.we'll see if anyone will soon call 10! QUOTE World drowns in oil as producers slug it out http://www.cnbc.com/2015/08/19/world-drown...ug-it-out-.html  |
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Aug 20 2015, 04:02 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Aug 20 2015, 03:49 PM) that's the fun of unknowns. if 10, then i bet it's time to sell house buy oil. we'll see if anyone will soon call 10! fyi, china stock whacked again today. guess bear still in play.... This post has been edited by yok70: Aug 20 2015, 04:03 PM |
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Aug 20 2015, 05:55 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Aug 20 2015, 04:02 PM) if 10, then i bet it's time to sell house buy oil. that'll be the day!meanwhile, wti goes to 40.50, sep futures showing even lower. gotta get more inverse crude. dfutures -1xx. and rm hits new low today 4.139. |
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Aug 20 2015, 07:44 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(mikehwy @ Aug 20 2015, 03:47 PM) I remember when oil hit 147, nearly all analysts call for 200. now oil hitting 40 they r out to calll fir 30, then 20....aiseh They also look at the chart and make the call. If they're right, they become hero but if wrong, quietly said nothing.The only thing special about that 32-33 number is just that momentum downside after break below $39-$40. I think we may see the $40 support being tested tonight when NYSE market opens. But, as we all can see SP500 is quite resilient.. that 200ma is being tested again and again. Time to load up again if 200ma is breached. |
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Aug 20 2015, 07:47 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(yok70 @ Aug 20 2015, 04:02 PM) if 10, then i bet it's time to sell house buy oil. If $10, Malaysia could be recession already. If people wants to sell house and will there be buyers?fyi, china stock whacked again today. guess bear still in play.... Also, I think there are signs that next 2-3 quarters for Malaysia could be very bad.. Anyway, Malaysia hasn't got negative growth since '09. Perhaps time to re-visit huh? |
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Aug 20 2015, 10:01 PM
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All Stars
17,100 posts Joined: Mar 2005
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blood, blood, blood.... no eye see....i will take a rest and open my pc again later .... agree with Dan, msia econ data wont be good after gst and outflow of ff .... die la ....
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Aug 20 2015, 10:02 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(danmooncake @ Aug 20 2015, 07:47 PM) If $10, Malaysia could be recession already. If people wants to sell house and will there be buyers? haha! true also. better sell house now and hold the cash (half in usd half in rm Also, I think there are signs that next 2-3 quarters for Malaysia could be very bad.. Anyway, Malaysia hasn't got negative growth since '09. Perhaps time to re-visit huh? )negative growth....i think difficult also. commodity (inclusive crude oil and palm oil) only less then 30% if i remember correctly, other sectors had caught up on GDP contribution. Well one thing is the Petronas dividend, so gomen's income will be lower. Perhaps that time GST 30%, suck income from citizen. |
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Aug 20 2015, 10:03 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(mikehwy @ Aug 20 2015, 10:01 PM) blood, blood, blood.... no eye see....i will take a rest and open my pc again later .... agree with Dan, msia econ data wont be good after gst and outflow of ff .... die la .... retest 2060 right in the start.....cool. Lets see how it goes from here.... |
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Aug 20 2015, 10:27 PM
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All Stars
24,453 posts Joined: Nov 2010
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the fruit looks like wanna test 100.
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Aug 20 2015, 10:50 PM
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All Stars
17,100 posts Joined: Mar 2005
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latest...
HSI -20% since apr 2015 peak. big bear. it is seeing 6th death cross in 10 years. wow! dows at lowest since feb 2015. s&p now below 200ma. OMG ! This post has been edited by mikehwy: Aug 20 2015, 10:53 PM |
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Aug 20 2015, 10:52 PM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(yok70 @ Aug 20 2015, 10:02 PM) haha! true also. better sell house now and hold the cash (half in usd half in rm not to forget petronas tax reduction for gomen. wonder what tax will up this time )negative growth....i think difficult also. commodity (inclusive crude oil and palm oil) only less then 30% if i remember correctly, other sectors had caught up on GDP contribution. Well one thing is the Petronas dividend, so gomen's income will be lower. Perhaps that time GST 30%, suck income from citizen. |
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Aug 20 2015, 11:12 PM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 20 2015, 10:50 PM) latest... read that death cross thingy...HSI -20% since apr 2015 peak. big bear. it is seeing 6th death cross in 10 years. wow! dows at lowest since feb 2015. s&p now below 200ma. OMG ! i got in and out of of china at lightning speed, fortunate minor damage... us equities... -ve or flat for the year. but i still got +0.6%! |
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Aug 20 2015, 11:49 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Aug 20 2015, 11:12 PM) read that death cross thingy... currency rate gain leh! i got in and out of of china at lightning speed, fortunate minor damage... us equities... -ve or flat for the year. but i still got +0.6%! |
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Aug 20 2015, 11:50 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Aug 20 2015, 10:27 PM) the fruit looks like wanna test 100. where is my 106? |
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Aug 21 2015, 12:10 AM
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Senior Member
4,342 posts Joined: Apr 2010 From: The place that i call home :p
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QUOTE(mikehwy @ Aug 20 2015, 10:52 PM) not to forget petronas tax reduction for gomen. wonder what tax will up this time dont tax us again..... already squeze dry loh...... now the agency very hardworking.... 2 yrs ago summons also chase chase.... |
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Aug 21 2015, 12:41 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(yok70 @ Aug 20 2015, 11:49 PM) currency rate gain leh! sure, that's the big nice one to have. QUOTE(yok70 @ Aug 20 2015, 11:50 PM) where is my 106? i think it will come.but i hope it goes >120 first, i want out! |
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Aug 21 2015, 12:57 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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2050 broken. nice show!
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Aug 21 2015, 01:04 AM
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All Stars
17,100 posts Joined: Mar 2005
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lately it is so easy to predict the tren, even without any fa or ta. aunts and uncles are telling me market cdrash la crash la. how true they are! market is now full of experts yelling 'i know wat, told you so...etc etc...'
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Aug 21 2015, 01:12 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(mikehwy @ Aug 21 2015, 01:04 AM) lately it is so easy to predict the tren, even without any fa or ta. aunts and uncles are telling me market cdrash la crash la. how true they are! market is now full of experts yelling 'i know wat, told you so...etc etc...' not only stock market crash.even kids know the rm crashed. oil crashed. before that, gold crashed. just don't crash yr car! |
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Aug 21 2015, 01:18 AM
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All Stars
17,100 posts Joined: Mar 2005
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QUOTE(AVFAN @ Aug 21 2015, 01:12 AM) not only stock market crash. this 'everything also crash' seems like coming on too fast this time. i remember the 2008 property-led downturn was slower and more manageable. this time, yeah, everything also crash.even kids know the rm crashed. oil crashed. before that, gold crashed. just don't crash yr car! |
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Aug 21 2015, 01:30 AM
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All Stars
17,100 posts Joined: Mar 2005
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nasdaq -100! it looks like worse than the last bond sell-off.
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Aug 21 2015, 01:43 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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strange....i cannot feel any bearish sentiment.....i am still so bullish.....all crash??....maybe i'm crazy.....
i am continue buying on dips.....maybe i am wrong.....don't follow me to holand.... This post has been edited by yok70: Aug 21 2015, 01:44 AM |
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Aug 21 2015, 03:59 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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quite a bear today....
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Aug 21 2015, 04:46 AM
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All Stars
10,123 posts Joined: Aug 2007
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You got your wish.. Big Mama Bear has appeared!!
Opened that 200ma trap doors for Dow, SP500 and Nasdaq.. Strangely... Oil is actually up (41.15) but Oil services get whacked with general market anyway. This post has been edited by danmooncake: Aug 21 2015, 04:49 AM |
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Aug 21 2015, 04:57 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(danmooncake @ Aug 21 2015, 04:46 AM) You got your wish.. Big Mama Bear has appeared!! LOL! Opened that 200ma trap doors for Dow, SP500 and Nasdaq.. Strangely... Oil is actually up (41.15) but Oil services get whacked with general market anyway. is finance.yahoo something wrong? why the SP500 volume so low today? anyways, i long today. |
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Aug 21 2015, 07:00 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(yok70 @ Aug 21 2015, 04:57 AM) anyways, i long today. The only one I dare to dip in is FB (it touches that 50ma at $90.50).I'm holding a stop at 87/88 here.. |
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Aug 21 2015, 07:58 AM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(yok70 @ Aug 21 2015, 03:59 AM) quite a bear today.... Better watch China's Shanghai Composite performance today.. that 3500 level is support.If tanks, others may follow including US stocks tonight. |
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Aug 21 2015, 09:02 AM
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All Stars
24,453 posts Joined: Nov 2010
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QUOTE(danmooncake @ Aug 21 2015, 04:46 AM) You got your wish.. Big Mama Bear has appeared!! Opened that 200ma trap doors for Dow, SP500 and Nasdaq.. Strangely... Oil is actually up (41.15) but Oil services get whacked with general market anyway. QUOTE(danmooncake @ Aug 21 2015, 07:58 AM) Better watch China's Shanghai Composite performance today.. that 3500 level is support. the biz news everywhere this morning is doom and gloom! If tanks, others may follow including US stocks tonight. seems some panic has crept in. gotta stay very alert. crude... it gained on hurricanes brewing near atlanta and sep contract expiry. my read is it will sink to 40 tonite. |
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Aug 21 2015, 04:19 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(danmooncake @ Aug 21 2015, 07:58 AM) Better watch China's Shanghai Composite performance today.. that 3500 level is support. it's about at it, 3507. So be prepare for another blood bath tonight. If tanks, others may follow including US stocks tonight. |
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Aug 21 2015, 07:39 PM
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All Stars
24,453 posts Joined: Nov 2010
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china slumps 4%.
eu down 1.5%. futures - 6x. crude struggling to hold 41. small-mid bear... |
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Aug 21 2015, 08:02 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(AVFAN @ Aug 21 2015, 07:39 PM) small-mid bear... Mama bear came up from slumber yesterday.Now, bear cub come out to play only meh? Where's papa bear? This post has been edited by danmooncake: Aug 21 2015, 08:03 PM |
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Aug 21 2015, 08:32 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(danmooncake @ Aug 21 2015, 08:02 PM) Mama bear came up from slumber yesterday. papa bear is confused. he has been drunk for months. Now, bear cub come out to play only meh? Where's papa bear? |
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Aug 21 2015, 08:34 PM
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All Stars
24,453 posts Joined: Nov 2010
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aapl going below 110 tonite.
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Aug 21 2015, 08:59 PM
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All Stars
17,100 posts Joined: Mar 2005
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looks like 'another' day, same story? I hope little bear will do not much harm after yday slaughter house drama. small cut or wound can be tolerable
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Aug 21 2015, 09:11 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(mikehwy @ Aug 21 2015, 08:59 PM) looks like 'another' day, same story? I hope little bear will do not much harm after yday slaughter house drama. small cut or wound can be tolerable this depends on how strong the bulls are. since it had already broken the line, now at risk of market top concern.... |
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Aug 21 2015, 09:12 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(AVFAN @ Aug 21 2015, 08:34 PM) aapl going below 110 tonite. I'll be watching that too... if 105, I'll jump in. |
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Aug 21 2015, 09:34 PM
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All Stars
17,100 posts Joined: Mar 2005
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at dows -165, 'surely' its time for trading.
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Aug 21 2015, 09:36 PM
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All Stars
17,100 posts Joined: Mar 2005
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nflx near -20% since yday!
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Aug 21 2015, 10:04 PM
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All Stars
10,123 posts Joined: Aug 2007
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QUOTE(mikehwy @ Aug 21 2015, 09:36 PM) nflx near -20% since yday! NFLX overshoots to upside earlier this month ($120? Must take profit-lah!)... due to stellar growth but I think it's a tradable here at $105-$106 level or fill that gap to $102 (50ma as support). This post has been edited by danmooncake: Aug 21 2015, 10:05 PM |
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Aug 21 2015, 10:10 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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2022
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