citigroup appears to be holding at 4.30 atm..

guys any thoughts about wells fargo and ge? what would be a good price to enter for both of them? wells fargo, according to my calculations, provides aounrd 9% annual return based on current earnings, not bad

edit, i'm thinking of entering wells fargo at around 27.00, is that too high?

This post has been edited by motolola: Sep 16 2009, 12:05 AM

is YTD= year to date?
if it's already overbought then even if the bulls continue, the bears must come out from hibernation sooner or later right? thanks for the advice. i think i'll keep my bullets ready and read more about US stocks first
how's everyone's trading going so far? made any purchases?

C is starting to get better at walking by itself, that's why the gov is starting to let off its hands, it'll be running next year i hope!

danmooncake, what's with the sin stocks? any good news for lvs and mgm?

i'm also one of the weirdos then

looking forward to <USD4 in these two weeks

curiously citigroup's executives want the government out of the company and they're not extending the credit line further than october. i know some senior executives working at the local citibank and they're some of the most capable and intelligent financial types i know, i guess that's why i'm bullish on C. i'm going long on C, just put it aside and don't care about it, come back and check in couple of years lol

fyseng, any idea what's the minimum monthly balance required in the hsbc account?
for such a service, i think the requirement is going to be very high..
edit: are you talking about hsbc premier banking? the below average balance is rm200,000 wow! too much for me, maybe peanuts for some!

This post has been edited by motolola: Sep 28 2009, 04:37 PM

i'm in the process of creating a sogotrade account also, gonna mail them the things they requested including the w8 form tomolo..
they will ask you to fill in the w8 form and mail it to them.. i'm not sure how the tax thing works as well, but the w8 form is the tax withholding form, which i'm taking it as "foreigners don't need to pay tax" form
epalbee if i remember correctly u are using sogotrade too right?

This post has been edited by motolola: Oct 1 2009, 01:41 AM

welcome back from the states~!
are the folks there still bullish or bearish

hey rosdi are you still actively trading on the states markets? i just signed up with sogotrade but i'm worried whether it's reputable or not, have u heard of this discount broker?

did you find manage to find your pot of gold from the US markets?