Whoa! DJ really geng. In 2 days drop 800++ points.
Nowadays market very volatile. can drop and up alot. unpredictable.

FED signal to cut rates:
Bernanke Signals Fed May Cut Rates as Crisis Deepens (Update3)

Will buy on dip in before 29th Oct. and sell on fally

---

Added on October 8, 2008, 7:52 amAlcoa earnings drop 52%
http://money.cnn.com/2008/10/07/news/compa...sion=2008100719

First DOW components to report drop of quarter report. And it is way below estimation of 0.61cents compared to actual 0.37cents.
Tonight DJ will react negatively since it is released after market is closed.

More to come in coming weeks. Report from JPMorgan, Citigroup and etc...DOW have plenty points to drop by then.


This post has been edited by dreams_achiever: Oct 8 2008, 07:52 AM

Badawi gonna flip-flop again.

"What? UMNO election postponed to March? where got?
I'm still PM until end of my life. I want to compete with Mahathir 22years of leadership...hehe
And people still love me. So, im gonna stay as PM -> All lingered in his own head only"
..

UMNO MT going to have meeting today 3pm as mentioned yesterday newspaper.
Let's see whether Badawi is still sleeping or awaken from his slumber. haha...
I hope his flip-flop trademark won't occur again.
His leadership no longer relevant in todays environment.
Just relieve his duty as PM and let him continue to become sleeping old man without dragging our economy from bad to worst.

Beware, Msia gonna bleeding like no ending.
Badawi still not yet awaken. Someone please kiss him so that he can awaken and announce he will step down.
Why he can't just step down while he still can have his honour to do it?

we still trade even if in recession also.
short all the commodities, futures, currency..hehe
and live richly ..

unless he flip-flop again about yesterday nite meeting with their supporters inside his house.
"Did i said to hold on it? Maybe im sleep-walking" -> flip-flop.

Anyway, Indonesia market has been suspended. has trigger circuit breaker due to steep falls.
Wonder today KLSE will encounter same things as well after Badawi announcement to stay on fighting...?

i see alot of cheap counters here.
Time to grab some and average it if tomolo is still worst.
Opting maybank for short term trade.

What went up drastically (US has been bull run since 2003 or at least 5 years of bull run).
Now its time to drop / correct itself after many years of rally.

Wow, seem today this forum very active. Been away for awhile, the pages has been increased one or two.

Now only version 15, still got 3 more versions to go.
At that time, market has finished with all the corrections.
As each version takes around 2-3months to complete to another version

Looking forward for version18 (hopefully before CNY 2009). fast fast post comments here..haha..

Just now saw one article said that today is last day of ban on shares short-sell.
Too bad DJ gonna slump again and break 9K level after ban lifted.

Tomolo will have another big sales again. Time to average my Maybank that bought this morning.

Maybe digilife can keep his cash inside bank for another 2 years more or never be.
I dun think in one year, PBBank can drop till RM5.

wow..RM20K per day. Thats a lot man.
Now me also got burnt in this 2008 financial crash. Anyway, i've learned my lesson and hope to trade better in next time.
I've lost a wira and hope next time can gain back a city back..haha

geng in losing money.
Not rich lar..all is hard-earned money, bro.
Just that, my money mgmt is strictly zero.
Thats me losing money lor..sob.sob.sob...

ya true.
watching our hard earned that been saved for many years and suddenly "poof".
Just like now u see, now u don't.
Somemore, US citizen will gonna vote for US next month. Like Msia case or all other countries, they want to make their citizen feel better abit

101% agreed.
My both hands and legs also raised up..