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 USA Stock Discussion v8, Brexit: What happens now?

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yok70
post Jun 30 2016, 07:19 PM

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last day of june....
AVFAN
post Jun 30 2016, 07:24 PM

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QUOTE(yok70 @ Jun 30 2016, 07:19 PM)
last day of june....
*
i do not if they do window dressing in usa...?

i remember many bursa cos. do that bigtime many years ago.

then, i remember some years ago, they abandoned it, became window undressing sometimes. biggrin.gif
AVFAN
post Jun 30 2016, 07:32 PM

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wti looks like set for a correction after a 2-day rally, bulls to take profit.

49.10 looks reasonable.

gotta find a chance to do dwti later. tongue.gif


yok70
post Jun 30 2016, 09:58 PM

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QUOTE(AVFAN @ Jun 30 2016, 07:32 PM)
wti looks like set for a correction after a 2-day rally, bulls to take profit.

49.10 looks reasonable.

gotta find a chance to do dwti later. tongue.gif
*
once again missed the 50 to play dwti....lets see how brave to take less meat on it.... laugh.gif
AVFAN
post Jun 30 2016, 10:07 PM

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QUOTE(yok70 @ Jun 30 2016, 09:58 PM)
once again missed the 50 to play dwti....lets see how brave to take less meat on it.... laugh.gif
*
can still play.

i just entered dwti at 72.

think wti can go to 48.30 later. tongue.gif

This post has been edited by AVFAN: Jun 30 2016, 10:07 PM
yok70
post Jun 30 2016, 10:11 PM

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broad market is still green.... hmm.gif
AVFAN
post Jun 30 2016, 10:42 PM

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looking like a boring session.

will go watch tv...
mikehwy
post Jun 30 2016, 10:57 PM

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broad market is mild green now. except that naughty crude. its on its 1 day up 1 day down syndrome again.
danmooncake
post Jul 1 2016, 12:19 AM

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QUOTE(mikehwy @ Jun 30 2016, 10:57 PM)
broad market is mild green now. except that naughty crude. its on its 1 day up 1 day down syndrome again.
*
Oil retreating ahead of the long weekend for US. So, they're taking profits already knowing that the people has pumped up to the max because next week, lesser cars will be on the road. Hedge funds are selling into it - and at the same time, the Arabs are giving additional discounts for all buyers of their oil against the benchmark. They also know they got tons of oversupply here.
All these are against prices from going higher than $50.

Again, we're continue to see the same range bound $45-$50 price for a while.

$50 (sell)
$45 (buy)


mikehwy
post Jul 1 2016, 12:31 AM

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Arabs r givig duisounts again? These never work but rich sikhs r really hitting the oil producers on the faces.
If these r the cases, crude would not rise much further.
danmooncake
post Jul 1 2016, 12:48 AM

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QUOTE(mikehwy @ Jul 1 2016, 12:31 AM)
Arabs r givig duisounts again? These never work but rich sikhs r really hitting the oil producers on the faces.
If these r the cases, crude would not rise much further.
*
Yup.. they did it last night, telling their Asian clients, hoping they will buy more.. it was reported by Bloomberg about 3 hrs ago.

AVFAN
post Jul 1 2016, 01:03 AM

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QUOTE(danmooncake @ Jul 1 2016, 12:48 AM)
Yup.. they did it last night, telling their Asian clients, hoping they will buy more.. it was reported by Bloomberg about 3 hrs ago.
*
maybe becos the biggest client isn't buying much anymore:

Oil Bulls Beware Because China’s Almost Done Amassing Crude
http://www.bloomberg.com/news/articles/201...-amassing-crude
AVFAN
post Jul 1 2016, 01:08 AM

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nice broad rally for a 3rd day.

wti is down but oil/energy counters are up! rclxms.gif
yok70
post Jul 1 2016, 02:13 AM

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wow....oil bull won't give up....
AVFAN
post Jul 1 2016, 02:28 AM

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QUOTE(yok70 @ Jul 1 2016, 02:13 AM)
wow....oil bull won't give up....
*
no!

i like it. biggrin.gif

last 1 hr, push, push... until 49.20.

now, falling like a rock.

these oil bulls are vicious!!
AVFAN
post Jul 1 2016, 02:33 AM

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ok, i wasn't too far off - wti closed 48.25. tongue.gif

got my grouper. biggrin.gif

yok70
post Jul 1 2016, 02:38 AM

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wow! straight line falling!! what a game!!
AVFAN
post Jul 1 2016, 02:40 AM

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QUOTE(yok70 @ Jul 1 2016, 02:38 AM)
wow! straight line falling!! what a game!!
*
for many weeks now, all the action is in last 10 min.

must have a coffee to keep fingers nimble before that! laugh.gif
yok70
post Jul 1 2016, 02:41 AM

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you are trading with itrade?
min fees around US36? so buy+sell is US72.
if transact around RM10k, the fees itself will eat up about 3% of the profit.
that's why i so hesitate to trade short term or daily trade. Need to hold for days to get reasonable profit. Otherwise to put 20k or above to trade, which i did last time and ended up loss 3 iphones. sweat.gif

This post has been edited by yok70: Jul 1 2016, 02:43 AM
AVFAN
post Jul 1 2016, 02:47 AM

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QUOTE(yok70 @ Jul 1 2016, 02:41 AM)
you are trading with itrade?
min fees around US36? so buy+sell is US72.
if transact around RM10k, the fees itself will eat up about 3% of the profit.
that's why i so hesitate to trade short term or daily trade. Need to hold for days to get reasonable profit. Otherwise to put 20k or above to trade, which i did last time and ended up loss 3 iphones.  sweat.gif
*
i trade more with IB, low brokerage fees.

only when i want to do more will i use itrade.

itrade more for holding regular stocks.

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