cool, i m on suicide watch folks at home, pls dun try tis stunt



for TA, it smells like teknikal bounce, giving some a chance to exit or cut loss
but i not fortune teller, if i lose speculating at pivot point, its my monies fly, not yours
all opinion r mine & mine alone

jus stick to ur own plan, which its derive from ur own experience
all comments & criticism in forum, should be read with an open mind
good luck

Funny wave today.

Asia all GREEN except Singa, Malayzia and Pinoy Land.

Europa almost 95% red and US Future = GREEN?

rumours from Dubai, the promise land that more to come?

Let visit banks with big exposure in Dubai development.
http://www.cnbc.com/id/34171816

Thanks for the heads up. For day trade I rather do local, HK or SG. What US stocks I prefer long term. Anyway got what stocks you do day trade ah?

day trade in us is absolute income.
from aib, citigroup, fas, lvs, bac, aig.

i not mean to be cocky here.
it is give and take.
worst come to worst became accidental long term investor lo.
know your risk toleranc and cut lost.

What to buy. Bull or bear?

Beware of C and UYG..

The moving is unreasonable.. They are the big stackholder in Dubai crisis.

Will eventually drop..

nah, what is your basis of BIG stakeholder? I hope you got data to support your story, do not simply assume.
Today CITI is green, not RED.

Banks Loan Exposure to The UAE
Bank Loans to UAE (blns of UAE dirhams) In dollars (current FX, blns)
HSBC 62.56 $17.03
Standard Chartered 28.54 $7.77
Barclays 13.14 $3.58
ABN AMRO* 8.23 $2.24
Arab Bank 7.66 $2.09
Citigroup 7.06 $1.92
Bank of Baroda 6.54 $1.78
Bank Saderat Iran 6.38 $1.74
BNP Paribas 6.20 $1.69
Lloyds 5.77 $1.57
Source: Emirates Banks Association

CITI only supply 7% or about USD2 billion. Not big exposure leh.

Thanks to Dubai issue, Oil price looks good at this level. In 200 ERX @ 38.50.

The thing that will really drive US stocks will eventually be consumers spending and Fed moves.
Dubai will be old story soon. Therefore, I'm buying the dips.

Market awaiting more news at home front to see if Black Friday sales
have any positive impact for retailers.

Online retailers line AMZN are expected to win big time, B&M stores may expect flat or slightly down.

---

Added on November 30, 2009, 11:21 pmSold 200 ERX @ 39.60 for quick profit, $200 is enough for morning yum cha.





This post has been edited by danmooncake: Nov 30 2009, 11:21 PM

yes, buy on DIPS, more opps coming this week, there after you can be assured of the market direction.


Mega news:
1 DEC
ISM Manufacturing PMI
Pending Home Sales m/m

2nd Dec
ADP Non-Farm Employment Change

3rd Dec
ISM Non-Manufacturing PMI

4th Dec
Non-Farm Employment Change
Unemployment Rate

Bought 33 LVS at USD15.45.

---

Added on November 30, 2009, 11:27 pmSet to sell at USD16.45.

---

Added on November 30, 2009, 11:29 pmTo practise buy dip, and set target price.

This post has been edited by epalbee3: Nov 30 2009, 11:29 PM

Read the real story of DUBAI

http://www.marketwatch.com/story/dubai-cri...30?pagenumber=2

Update: Chicago PMI looks good.. we're getting ready to the moon again.

This post has been edited by danmooncake: Nov 30 2009, 11:37 PM

something hitting very hard on AIG.
It's been dropping like fu lat these few days.
Anyway, the volume not so high.

By STEPHEN BERNARD and TIM PARADIS – 19 mins ago

NEW YORK – Investors set aside some of their worries about a possible debt crisis and focused instead on encouraging signs about consumer spending. Stocks rose modestly Monday, steadying after Friday's steep drop. Global markets are rebounding after falling in response to news that Dubai World, the main investment arm of the Persian Gulf city-state, asked to defer payments on $60 billion in debt for six months.

News:
NEW YORK (TheStreet) -- American International Group (AIG Quote) was among the losers of the financial sector Monday after an analyst determined the insurer has a deficiency in its reserves.
No wonder its dropped like fu lat

Do you have any position in AIG?

Eventho I dare to play 3x ETF, I don't dare to play AIG, FNM or FRE.


Update: 12:03am
Wow... small caps and energy selling off..

This post has been edited by danmooncake: Dec 1 2009, 12:04 AM

such an interesting bull-bear yoyo fight
my short position stil holding
i no buy the dip, as waiting mega news
tomolo, i see wat my louyah analyst report says & wil update u all
till then

oh ya, notis got some virgins think can get easy money irregardless of usa, klse or any alien market
if u had never trade b4, pls paper trade 1st
read up FA & TA, keep open mind

for those who wanna do margin
how is ur track record on trading / investing?
super highly dangerous to do, if virgin, garanti mati

if u really insist to gamble, make sure carnage is over
clue : no one talks abt market anymore, especially aunties at pasar
look at tat... interesting bull-bear fight

Nope, i don't have.
Recently i just trade commodities stocks.

My own list (Options):
Commodities: AA, X.
Financial stocks: GS, BAC, C.

GS seem nice. It been dropping due to mass selling by its own shareholder.
Can keep for long term even Warren Buffet also keep hold on it

hope to see AIG @ 15-20$, as most analyst put AIG's fair value there.

Do you guys know how does the margin work in US brokerage? I'm using speedtrader now and recently received a fed call. It seems if I get 2 strikes, my account will be suspended for 90 days. I have a few questions:

a) How do they calculate the margin maintenance?
b) How do I prevent a strike if stocks plunge in value other than by wiring in more money? My broker says if I sold some of my position I'm liable for a strike. I'm very confused now. If I sell my position to retain the margin maintenance, I thought it will prevent a strike?

If anyone can answer, I'd be most thankful!