The funny thing is that during the Asia Currency Crisis, US told Asian Governments to act with economic sense, the reality of life. So we took harsh action. Interest rate pumped up to around 14% p.a

Now, US and FED are not only doing differently, but also without any clear sense of direction.

I wonder FED decisions would change if a new US President comes in.

Wait and see. Could be wrong anyway.

This post has been edited by SKY 1809: Jun 17 2008, 03:30 PM

Those with FD in NZD may want to read this:

http://www.nzherald.co.nz/topic/story.cfm?...jectid=10514692

That's why currency speculators will punish the USA further if the Fed doesn't dare to raise interest rate. Ben can talk gungho all he wants, but money talks bullshit walks.

Market already knew RBNZ will cut its interest rate soon or later because too high borrowing cost, 8.25% currently has start to cripple its economy.

NZD already plunged from 0.82 (with USD) to now around 0.75. For RM sense, it has drop from high end of 2.5x to now 2.45. NZD is one of industrial country that will potentially first to cut the interest rate while others may go up. So NZD is bearish at the moment.

The one which is one of the most bullish at the moment is AUD.

I am also bullish on the Singapore dollar. But you are right, most bullish is AUD.

It didn't surprise when they act differently when thing actually occur at their side.

Some sort like adult or parents always tell their kids smoking is bad for you, not good for your health, waste money and scold heavily when they see their kids smoking etc.
But the parents themselves smoke 2 packet per day.

I think this scenario explain the myth already. Haha.



This post has been edited by cherroy: Jun 17 2008, 03:37 PM

SGD went up to 2.397...last week...too crazy..

yeah, but that country's saving's interest so meagre, less than 1%

Dow Jones futures +34.

Shanghai Composite at 15 month low. -2.76% today

UK CPI up year to year.
ECB's Bini Smaghi says 0.25 pct point rate hike may be enough to calm inflation
http://www.cnbc.com/id/25204133/for/cnbc

yup..Shanghai composite RED..dunno happen when on 8 of August later...below 2500???

Maybe China market will plunge until 1000points and then on August month, rally up to peak of 6000points..hehe
Then we all will have super bull just like last year Aug-Oct.

Maybe consolidate to 2000 points after the olympics before settling at 2300-2500 end of the year.

ops... juz aware that maybulk alr 3.70...
pana.. u jump in alr?

sorry.. i noe this is out of topic.. would anyone like to enlighten me ..
where to get such knowledge on stocks..
and where to obtain training for brokers and license..
which takes a few months?
thnx in advance .. and sorry for interupting

Sources told Malaysiakini tonight that the announcement by the Sabah Progressive Party (Sapp) tomorrow will "lead to a drastic change of the political scenario in Malaysia".
http://www.malaysiakini.com/

might be prudent to wait a bit before buying anything today.....

Broker/Licence - check with Bursa Malaysia (Website : http://www.bursamalaysia.com/website/bm/)

How to trade malaysian Stocks oso at Bursa Malaysia site.

How to learn generally about stock/share? Look at popular book stores. Fred KH Tham may have some books written, on technical analysis.

U need to learn Technical Analysis (TA). Funda Analysis (FA) and price action (PA)

Wow if its true, tomorrow we might see a mini crash on CI.

Ytlpowr-WB listed today,currently trading at 0.775.

The exercise price is 1.25 and exercise ratio 1:1.

The intrincit value of the warrant (based on YTL power at 2.06)is 0.81.

Tenure is ten years.

Volume traded only about 5 million unit,consider low.May have more selling as those got it at 10 sen may sramble to sell.

What say you?

This post has been edited by lklatmy: Jun 18 2008, 09:34 AM

PM unaware of Sabah MPs forming own bloc

http://www.thestar.com.my/news/story.asp?f...0986&sec=nation

The press conference of SAPP president Datuk Yong Teck Lee is scheduled for 2pm, according to a senior party leader who spoke on condition of anonymity.

---

Added on June 18, 2008, 10:02 amCI continues to head south, new low each time.



This post has been edited by AdamG1981: Jun 18 2008, 10:02 AM

what your "new low" definition? for the year? for the quarter?
or new low for 52 weeks?