DJIA may drop to around 8900 points
Stock market V17, Aftermath of Oct depression
Stock market V17, Aftermath of Oct depression
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Nov 6 2008, 11:00 PM
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Senior Member
547 posts Joined: Mar 2007 From: K L |
DJIA may drop to around 8900 points
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Nov 6 2008, 11:10 PM
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Senior Member
1,040 posts Joined: Apr 2005 |
got support at 9000? just curious as to why you think it'll drop to 8900?
This post has been edited by eltaria: Nov 6 2008, 11:11 PM |
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Nov 6 2008, 11:29 PM
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Junior Member
476 posts Joined: Aug 2008 |
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Nov 6 2008, 11:32 PM
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Senior Member
2,646 posts Joined: Oct 2008 |
mind to tell how much is consider small .. i nvr trade before .. wanna start but just waiting my fav stock to drop more
oops dow jones below 9000 |
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Nov 6 2008, 11:35 PM
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Junior Member
476 posts Joined: Aug 2008 |
QUOTE(Malefic @ Nov 5 2008, 08:48 PM) Thanks dude. The capital is only RM300k. Funny thing is I don't even know all those stock trading terms, tools and calculations like candlestcik charting or something. I rely more on gut instinct ... and a good, leng lui remisier. Sometimes I think it's best not to think and analyse too much ... I practise the Nike motto: Just do it Congratulation,Good for u, so brave pumping in 300k while many chickening (including me) ... I dared to put in only about 15k in Black october... thats why u got RM100k...while me get only peanuts... have to check my strategy again... Added on November 6, 2008, 11:39 pm QUOTE(mo_meng @ Nov 6 2008, 11:32 PM) mind to tell how much is consider small .. i nvr trade before .. wanna start but just waiting my fav stock to drop more my minimum is usually around 2.5k - 3k..(to get the maximum on the brokerage fees)oops dow jones below 9000 Thats my small...my big is something like 10k above.. rarely do that..in fact only once when i bought MYETF25.. others big or small must be Bigger... This post has been edited by asambuffett: Nov 6 2008, 11:43 PM |
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Nov 6 2008, 11:44 PM
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Senior Member
2,646 posts Joined: Oct 2008 |
oo im using the m2u online stock .. will charge 28 so need to put >6k+ to max the brokerage fees .. but i dont think will put so much in coz im not brave as Malefic also
currently just aiming on some good div stock anyone know when will be the next good news will be potentially? |
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Nov 7 2008, 12:04 AM
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Senior Member
4,030 posts Joined: Apr 2008 |
Market forecast update:
Looks like a big downward trend is incoming. We might not see a 4th quarter rally. Will update once i observe further confirmation. This post has been edited by AdamG1981: Nov 7 2008, 12:04 AM |
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Nov 7 2008, 12:18 AM
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Senior Member
2,646 posts Joined: Oct 2008 |
8883
Added on November 7, 2008, 12:20 am8888 nice number again This post has been edited by mo_meng: Nov 7 2008, 12:20 AM |
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Nov 7 2008, 12:35 AM
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Senior Member
3,306 posts Joined: Jan 2003 From: VIET POW S.O.S |
just wonder tomorrow will t be a good buy for klse?
will the num,ber go down -888 |
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Nov 7 2008, 05:42 AM
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Junior Member
351 posts Joined: Jun 2008 |
8695
mega mega sale |
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Nov 7 2008, 06:23 AM
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Senior Member
2,972 posts Joined: Jul 2006 From: OSINT |
Mega sale or mega buy?
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Nov 7 2008, 06:24 AM
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Senior Member
554 posts Joined: Oct 2008 |
QUOTE(goognio @ Nov 7 2008, 05:42 AM) Haha.... those who think that market will recover or up trend after Obama won the US President are in fact trapped in fantasy as the global financial crisis need time to solve... it is not a single day to build a Rome................................ How would KLSE react today, we shall see |
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Nov 7 2008, 06:51 AM
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Junior Member
467 posts Joined: Apr 2008 |
Sit tight.....
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Nov 7 2008, 07:29 AM
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Senior Member
1,120 posts Joined: Jul 2006 |
and fasten your seat belt.
Dun throw over from roller coaster seat. It may caused collateral damage which may caused lives And prepare for Black Friday today. Luckily today is not Friday the 13th else will be worst |
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Nov 7 2008, 07:36 AM
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Senior Member
1,256 posts Joined: Nov 2004 |
Expect panic sell today, prepare...
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Nov 7 2008, 07:43 AM
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Senior Member
594 posts Joined: Jan 2003 From: KL |
QUOTE(Kamen Rider @ Nov 7 2008, 06:24 AM) Haha.... those who think that market will recover or up trend after Obama won the US President are in fact trapped in fantasy as the global financial crisis need time to solve... it is not a single day to build a Rome................................ Hahaha! Yup, those who'd listened blindly to AdamG's prediction will die... How would KLSE react today, we shall see QUOTE(AdamG1981 @ Nov 3 2008, 01:10 PM) WARNING: ...more like 1,000 pts drop!Cut all short FKLI positions, all currencies / usd short positions. Mother of all bear rallies approaching. Reason being Obama will win, and there will not be any more recount mess 4 years ago. The uncertainty factor has diminished over the week. BUY COMMODITES STOCK, LONG CARRY TRADES QUOTE(AdamG1981 @ Nov 3 2008, 10:52 PM) This post has been edited by wirelessdude: Nov 7 2008, 07:44 AM |
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Nov 7 2008, 07:53 AM
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All Stars
10,125 posts Joined: Aug 2007 |
DON'T PANIC! ALL IS NOT LOST!!
We still have more to go.. I think by Monday.. we'll see a rally.. Hang on tight.. So...stay away from the stock ticker..on your screen. This post has been edited by danmooncake: Nov 7 2008, 07:54 AM |
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Nov 7 2008, 07:55 AM
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Senior Member
1,404 posts Joined: Jun 2005 |
Shares of General Motors (NYSE:GM - News) slid 13.7 percent to $4.80 as U.S. auto executives were set to meet with a top lawmaker to seek urgent aid to weather the global slowdown.
So tonight is going to be a BLACK FRIDAY for DJIA !!!!!!! So expecting monday morning will have panic selling but after tat would probably recover. |
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Nov 7 2008, 07:56 AM
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Senior Member
1,120 posts Joined: Jul 2006 |
Personally i think what i meant is on Monday, market trend is up due to US pre-election. Only matter is he didnt mention about when bear rally will end.
On Nov 3, whoever short major currencies and buy stocks (sell on strength) will gains. They just can't keep for medium term or long term as economic not yet fully recover. (Note: bear rally is just temporal rally. Only suitable for short term trade) Only after election, market is trending down after economic growth issue take over the Wall Street instead of pre-election rally mode. So market now is back to realistic mode. For safety purpose, pls do some analysis before following ppl's tips |
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Nov 7 2008, 07:56 AM
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Senior Member
1,404 posts Joined: Jun 2005 |
FYI, GM is going to release earning report tonight.
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