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 Stock market V15, lai lai all make money

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panasonic88
post Sep 16 2008, 10:17 PM

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hmmm, the Federal Reserve injected $50 billion into the financial market.

i wonder how long can it last before the next thunderstorm is hitting us.
panasonic88
post Sep 17 2008, 10:22 PM

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agree, market condition is ugly, stay out for the meantime.

Dow Jones down -1.69%
panasonic88
post Sep 17 2008, 10:30 PM

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KLCI lost 500 points within a year. damn this bear is aggressive!
panasonic88
post Sep 17 2008, 10:42 PM

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QUOTE(AdamG1981 @ Sep 17 2008, 10:32 PM)
That's why pana, if you short FKLI every month, you make bank.
*
so you must be owning a bank now ya, AdamG's Bank laugh.gif

Dow Jones is sinking, -2.20%
panasonic88
post Sep 17 2008, 11:10 PM

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hahaha, so you wouldn't...

» Click to show Spoiler - click again to hide... «

panasonic88
post Sep 17 2008, 11:34 PM

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reason for the drop:-

- Spike in inter-bank lending rate fuels worry
- U.S. extends $85 billion loan for 79.9 pct stake in AIG
- Morgan Stanley, Goldman Sachs tumble

the 50 billion injected by Fed failed to reassure the investors.
panasonic88
post Sep 18 2008, 10:12 AM

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my favourite bank is going down to 9.60

i shall hold on first.
panasonic88
post Sep 18 2008, 10:32 AM

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QUOTE(cherroy @ Sep 18 2008, 10:22 AM)
Axis??? at 1.05??

Axis now trading at 0.11 only. rclxub.gif
*
lol he's mabuk jor laugh.gif

cherroy, during bear market like this, i can see that the DY for certain counters are increasing (because the share price is dropping) for eg. GAMUDA - 2.20 - DY 0.21% unsure.gif

This post has been edited by panasonic88: Sep 18 2008, 10:33 AM
panasonic88
post Sep 18 2008, 11:02 AM

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QUOTE(cherroy @ Sep 18 2008, 10:56 AM)
I did trade, but I stay sideline for months already. Was very active during 2006-2007.
Because I would rather sit aside watching the 'show', as there is no incentive for me to take the high risk in this current situation. You don't know what you are going to get when wake up each morning.
*
exactly, sometimes seat aside and watch the show is a kind of enjoyment too.

you lose nothing, you win nothing (maybe get to catch an exciting market show could be something cherish too, lol)

QUOTE(cherroy @ Sep 18 2008, 10:56 AM)
Having said that, the market dip a little too fast for the last few days, so technical rebound can be seen in the next 1 or 2 days, even though it wants to plummet further.
*
emmm about the same thing as what Adam sees from the chart
a rebound is expected when CI comes to 960-970


panasonic88
post Sep 18 2008, 11:50 AM

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QUOTE(Digital_Life @ Sep 18 2008, 11:48 AM)
Wow as at this morning ..... first time i see KLSE got 0 counter Gain  rclxms.gif .
*
got ler, 29 up, 599 down, 69 unchanged
panasonic88
post Sep 18 2008, 12:27 PM

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regional markets are dying fast

HSI down 7%
Shanghai down 5%
KLCI, STI, Seoul down 4%
while others down 3%

panasonic88
post Sep 18 2008, 01:22 PM

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Siaran Langsung Sidang Media Datuk Seri Anwar Ibrahim

Tempat : PKR HQ, Tropicana
Tarikh : 18 September 2008
Masa : 2 P.M

source: http://anwaribrahimblog.com/

online live streaming: http://www.justin.tv/anwaribrahim

This post has been edited by panasonic88: Sep 18 2008, 01:22 PM
panasonic88
post Sep 18 2008, 01:49 PM

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Umno supreme council meeting at 3pm today

http://www.thestar.com.my/news/story.asp?f...4329&sec=nation
panasonic88
post Sep 18 2008, 01:50 PM

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lol why are we posted simultaneously laugh.gif
panasonic88
post Sep 18 2008, 02:10 PM

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yah, taking over takes time. not one day task.
panasonic88
post Sep 18 2008, 03:15 PM

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market rebounded.

no show to see jor.
panasonic88
post Sep 18 2008, 04:40 PM

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QUOTE(AdamG1981 @ Sep 18 2008, 04:29 PM)
Massive short covering in all markets. FKLI from 961 to 995.5 within 45 minutes.

Beautiful short squeeze, lucky i got out. biggrin.gif
*
haha glad to know that you escaped from the burn laugh.gif
panasonic88
post Sep 18 2008, 04:51 PM

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QUOTE(AdamG1981 @ Sep 18 2008, 04:44 PM)
cool2.gif  rclxm9.gif  rclxm9.gif

Short on relief rally... it ain over yet!  laugh.gif
*
good for old fox like you, but for those newbies who short FKLI, they might be sobbing at a corner now. unsure.gif
panasonic88
post Sep 18 2008, 04:57 PM

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emm roger that, adamG smile.gif

and hey, this IOICORP is going insane.
lowest 3.74, highest 4.20
panasonic88
post Sep 19 2008, 09:08 AM

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ahh all green. going back to 1003. let's see how long it can sustain.

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