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 Stock Market V13, Stock Market Chat, Traders and Investors Chit Chat

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AdamG1981
post Jun 2 2008, 10:30 PM

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Factories, Building Sector Show Further Weakness

U.S. factory activity contracted in May for the fourth consecutive month while inflation pressures surged to their highest since April 2004, according to the Institute for Supply Management


The ISM said its index of national factory activity rose in May to 49.6 from April's 48.6. Economists' median forecast was for a result of 48.5, according to a Reuters poll. The 90 forecasts in the survey ranged from 46.5 to 50.5.

Read more here:
http://www.cnbc.com/id/24931033

DJIA down 130 points ...
BuFung
post Jun 2 2008, 10:42 PM

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rumours saying people will fry LIONIND to RM3++ oh.. anybody heard about it... brows.gif brows.gif
chen9wei
post Jun 2 2008, 11:03 PM

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QUOTE(BuFung @ Jun 2 2008, 10:42 PM)
rumours saying people will fry LIONIND to RM3++ oh.. anybody heard about it...  brows.gif brows.gif
*
eii, i heard Rm4+ in the other thread .....


Added on June 2, 2008, 11:04 pmhttp://forum.lowyat.net/topic/700363

but dunno can trust or not .

This post has been edited by chen9wei: Jun 2 2008, 11:04 PM
zamans98
post Jun 2 2008, 11:05 PM

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Tomolo is CEMENT day.

http://biz.thestar.com.my/news/story.asp?f...46&sec=business

So, open your book and search for CEMENT counters

Let ride cement like we ride STEEL
chen9wei
post Jun 2 2008, 11:06 PM

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Actually i bought this counter without doing much research, i just read the hle morning breafing that this counter got potential, and recomended a buy.
AdamG1981
post Jun 2 2008, 11:30 PM

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Dow extend heavy losses. Sell Sell Sell!
zamans98
post Jun 2 2008, 11:37 PM

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Go DOW Go, gimme 12,450...
AdamG1981
post Jun 2 2008, 11:39 PM

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Renewed credit crisis? Inflation? Recession? OH my, sell sell sell....LETS GO DOWN!


Added on June 3, 2008, 12:18 amNew fuel subsidy scheme to be announced Wednesday

Read more here:
http://www.thestar.com.my/news/story.asp?f...4744&sec=nation




This post has been edited by AdamG1981: Jun 3 2008, 12:18 AM
zamans98
post Jun 3 2008, 12:19 AM

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subsidy to remove partially.


AdamG1981
post Jun 3 2008, 12:26 AM

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Stagflation outlook in Malaysia... biggrin.gif
Mikiyo
post Jun 3 2008, 12:58 AM

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QUOTE(AdamG1981 @ Jun 3 2008, 12:26 AM)
Stagflation outlook in Malaysia... biggrin.gif
*
This is very bad >.<...ADAM u can short for now d ^^ and long after tmr's drop...my friends are predicting a rebound for wednesday's market


Added on June 3, 2008, 1:00 amLSTEEL drop ^^ ill start queue-ing tmr at 0.76 i guess...if can gt at 0.76 then its a good price

This post has been edited by Mikiyo: Jun 3 2008, 01:00 AM
AdamG1981
post Jun 3 2008, 01:09 AM

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QUOTE(Mikiyo @ Jun 2 2008, 09:58 AM)
This is very bad >.<...ADAM u can short for now d ^^ and long after tmr's drop...my friends are predicting a rebound for wednesday's market


Added on June 3, 2008, 1:00 amLSTEEL drop ^^ ill start queue-ing tmr at 0.76 i guess...if can gt at 0.76 then its a good price
*
KLCI might tumble tomorrow; S&P downgraded all the investment banks in the U.S.; not to mention oil shot back up to $129. Question is, how much subsidy is going to be taken away from the rakyat? TBD!!

On the side note, i am predicting FKLI dropping to 1250 range. rclxm9.gif rclxm9.gif
sinclairZX81
post Jun 3 2008, 03:03 AM

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DJIA now -174.48 sweat.gif
chen9wei
post Jun 3 2008, 08:03 AM

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I think my lion will fly today ... lol

http://biz.thestar.com.my/news/story.asp?f...36&sec=business
AdamG1981
post Jun 3 2008, 08:44 AM

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Good morning fellow punters!
zamans98
post Jun 3 2008, 08:46 AM

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Good morning Adam. Looking forward a red market today
AdamG1981
post Jun 3 2008, 08:48 AM

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Good Morning Z, June FKLI opened at 1261. biggrin.gif Yes, its going to be a bloody day!!!!


Added on June 3, 2008, 9:03 amHere we go......biggrin.gif

This post has been edited by AdamG1981: Jun 3 2008, 09:03 AM
zamans98
post Jun 3 2008, 09:04 AM

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aha, today my favourite TIME is moving high today..
AdamG1981
post Jun 3 2008, 09:07 AM

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CI going under 1260?
Mikiyo
post Jun 3 2008, 09:13 AM

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QUOTE(AdamG1981 @ Jun 3 2008, 09:07 AM)
CI going under 1260?
*
most likely..hoping for a rebound though ^^

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