3-4 days for wiring money?

Quadriple witching tonight...

DJ opens high at early but looks like weakening already.

Today's market is relatively quiet.

Bought some ERY@13.60 this morning. Oil looks weakening. I think reversal is coming.
Let see how it goes.

Reversal coming then you still buying?

I meant reversal for the Bull. Yeah, I'm betting Oil will go down a bit more, that's why I'm buying Bear.

This post has been edited by danmooncake: Sep 19 2009, 12:37 AM

something to share:

"Economic Crash in October 2009?" by CEO of Economicclock.com, Enzio von Pfeil

Let it crash!!! We got two weeks!

Maybe after China national day.. the traders will come back.. and China will crash first.. followed by Japan, rest of Asia regional market.. then Europe.. then the USA!



This post has been edited by danmooncake: Sep 19 2009, 01:05 AM

do you believe?

must have missed the boat so much to desperately hope for the crash..

People tend to forget I make money whether it rise or crash as long it moves.
I need the market to be volatile and as long as it is not as dead like KLSE.

It took me 2 days to finish this 931 posts.

DJIA currently still floating in consolidation with gap-up at opens. IMHO, DJIA and S&P reached middle of this cycle, so small winnie the pooh should come for a visit next week.

I would hope a big Grizzly would come.. not some tiny pooh.

Place your bets.. what you want to buy?

---

Added on September 19, 2009, 1:53 amTrailing stop out at 13.80.. small profit.



This post has been edited by danmooncake: Sep 19 2009, 01:53 AM

I'm holding mid-term, looking for good fundamental counters only. But maybe one can put his/her eyes on AIB or IRE. It up too fast already, NAMA's plan can't "sustain" current price if DJIA, S&P, as well as Nasdaq meteors come -- SHORT it! haha..

IMO, those two banks aren't good fundamental ... if fundalmentally good, even if meteor crash.. they still hold up.

This post has been edited by danmooncake: Sep 19 2009, 02:04 AM

that's why one can short it as any bad news related come.

This analyst says GE is overvalued:

http://finance.yahoo.com/news/Analyst-says...4.html?x=0&.v=1

Short it if you dare.

agreed .IMHO, one cannot just simply shorts when it is overvalued, not everyone want it down. Moreover, GE is considered as Economic Moat + got paying out divy (yesterday). So, I don't think the price will be lower in short period (if down also not much). I don't simply believe in analysts' view, cause they are human, as they would predict wrongly too.

back to "overvalued" term, GOOGLE is overvalued all the time, who want to short it? for me, acts like this can metaphor as finding path-of-death only.

I read somewhere that there wouldn't be a major crash anytime soon. Minor corrections are possible as everyone is too prepared for a major pullback. Its only when investors get too greedy will you see the market tanking. Also the recent March rally is mostly due to traders buying in rather than the retail investors Until we see a huge inflow of retail investors buying in, we won't see a large pullback soon. But hey, if I was always right, I'd be richer than Bill Gates by now.

Analyst talking what ever language that one cannot simply decipher. Earlier this week, Analyst made a BUY Call. Now other analyst says over valued.
No, google is not overvalued. So does Apple.

Don't believe? why not short them now? Google heading toward $700 and AAPL towards $200.

Perhaps overvalued are FNM/FRE?