ioi below rm3!
Stock market V17, Aftermath of Oct depression
Stock market V17, Aftermath of Oct depression
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Nov 7 2008, 09:25 AM
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Senior Member
1,351 posts Joined: Mar 2006 From: KL/S'gor |
ioi below rm3!
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Nov 7 2008, 09:25 AM
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All Stars
10,125 posts Joined: Aug 2007 |
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Nov 7 2008, 09:27 AM
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Junior Member
627 posts Joined: Jan 2003 |
gets your bullet ready.....
prepare.. aim.... and ..... wait This post has been edited by jvcpcv55: Nov 7 2008, 09:27 AM |
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Nov 7 2008, 09:27 AM
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Senior Member
1,214 posts Joined: Oct 2007 |
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Nov 7 2008, 09:44 AM
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Senior Member
1,351 posts Joined: Mar 2006 From: KL/S'gor |
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Nov 7 2008, 09:48 AM
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Senior Member
5,587 posts Joined: May 2007 From: KL |
many analysts are saying that this time's drop won't be lower than the previous one (800)
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Nov 7 2008, 09:52 AM
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Senior Member
594 posts Joined: Jan 2003 From: KL |
QUOTE(AdamG1981 @ Nov 7 2008, 09:02 AM) Wow! Chill out!I never said that you lost money. I just pointed out that you make wrong predictions too and that the forummers shouldn't just listen blindly. I've seen that happening a lot. And I'm not comparing with you. I'm an old hand at stocks and was already flipping RM200k a month when I was in university. Added: and if you bother to read my last posts, you'd realize that I made money and warned forummers about profit-taking. Making wrong accusations like these is not good for your credibility. This post has been edited by wirelessdude: Nov 7 2008, 09:54 AM |
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Nov 7 2008, 09:53 AM
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All Stars
23,851 posts Joined: Dec 2006 |
QUOTE(sharesa @ Nov 7 2008, 09:48 AM) Above 800 could be :-1) 800 and now 869 Which one ? Added on November 7, 2008, 9:55 am QUOTE(wirelessdude @ Nov 7 2008, 09:52 AM) Wow! Chill out! I guess you are saying you have not made any serious mistakes since U days.I never said that you lost money. I just pointed out that you make wrong predictions too and that the forummers shouldn't just listen blindly. I've seen that happening a lot. And I'm not comparing with you. I'm an old hand at stocks and was already flipping RM200k a month when I was in university. A big congratulation to you. Mind to share more ? This post has been edited by SKY 1809: Nov 7 2008, 10:00 AM |
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Nov 7 2008, 09:55 AM
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Junior Member
205 posts Joined: Jun 2007 |
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Nov 7 2008, 09:58 AM
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All Stars
23,851 posts Joined: Dec 2006 |
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Nov 7 2008, 09:59 AM
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Senior Member
4,030 posts Joined: Apr 2008 |
QUOTE(wirelessdude @ Nov 6 2008, 06:52 PM) Wow! Chill out! C'mon man, I never said that you lost money. I just pointed out that you make wrong predictions too and that the forummers shouldn't just listen blindly. I've seen that happening a lot. And I'm not comparing with you. I'm an old hand at stocks and was already flipping RM200k a month when I was in university. The financial markets moves in high velocity speed. What i forecast today might not be applicable for tomorrow. That's why over the currency forum, i said, it depends on your time frame or trading period. Right now IOI is below 3, if you want to play short term, maybe you can wait for a better entry point to buy. But i will stick to my guns and say accumulate commodities stocks when its dipping because its a long term play. So forumers have to understand, there's a difference between short term and long term play. My forecast is for scalpers, swing traders, daytraders. For example: I bought AIG at 1.98, sold it at 2.11, it went up the next day to 2.46. Did i cry over it? I was wrong not to hold another extra day. |
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Nov 7 2008, 10:00 AM
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Senior Member
5,587 posts Joined: May 2007 From: KL |
QUOTE(SKY 1809 @ Nov 7 2008, 09:53 AM) Below 800 could be :- 1) 300 pts ( in 97/98 ) 2) 301 to 799 pts Which one ? Added on November 7, 2008, 9:55 am I guess you are saying you have not made any serious mistakes since U days. A big congratulation to you. Mind to share more ? QUOTE(achcmy @ Nov 7 2008, 09:55 AM) He already referred to 800 points la bro. Means won't drop lower than 800 according to his sources la.. yes. Not lower than 800 points as claimed by our local analysts.For US stocks, US analysts also claim that this time will not drop like their previous lowest point around 1 month ago. |
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Nov 7 2008, 10:01 AM
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Senior Member
594 posts Joined: Jan 2003 From: KL |
QUOTE(SKY 1809 @ Nov 7 2008, 09:53 AM) Below 800 could be :- Of course I have ...who hasn't?! 1) 300 pts ( in 97/98 ) 2) 301 to 799 pts Which one ? Added on November 7, 2008, 9:55 am I guess you are saying you have not made any serious mistakes since U days. A big congratulation to you. Mind to share more ? That's why I wanted to point out ...AdamG specifically, because it seems like a lot of forummers are making decisions based on his predictions alone. I never said he wasn't good. Just that nobody's right all the time - even him. |
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Nov 7 2008, 10:02 AM
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Senior Member
4,030 posts Joined: Apr 2008 |
QUOTE(wirelessdude @ Nov 6 2008, 06:52 PM) Added: and if you bother to read my last posts, you'd realize that I made money and warned forummers about profit-taking. Making wrong accusations like these is not good for your credibility. My credibility lies on my trades, not on "mere accusations" you threw at me. It's good you are an old timer, that's even better. IF you can make more than me, thats even more superb. More power to you. But if you say those who listen to me will die; that's something i will be offended. a) You don't know me well enough to know where i stand b) You never talk to me in real person c) You don't judge people's forecast 4 days after. This post has been edited by AdamG1981: Nov 7 2008, 10:04 AM |
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Nov 7 2008, 10:03 AM
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Senior Member
594 posts Joined: Jan 2003 From: KL |
QUOTE(AdamG1981 @ Nov 7 2008, 09:59 AM) C'mon man, Agreed. My post wasn't meant for you but for forummers who listened to you word for word.The financial markets moves in high velocity speed. What i forecast today might not be applicable for tomorrow. That's why over the currency forum, i said, it depends on your time frame or trading period. Right now IOI is below 3, if you want to play short term, maybe you can wait for a better entry point to buy. But i will stick to my guns and say accumulate commodities stocks when its dipping because its a long term play. So forumers have to understand, there's a difference between short term and long term play. My forecast is for scalpers, swing traders, daytraders. For example: I bought AIG at 1.98, sold it at 2.11, it went up the next day to 2.46. Did i cry over it? I was wrong not to hold another extra day. And this is a more mature response than calling people sore loser right? Ok. let's put this behind and focus on bottom-fishing! |
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Nov 7 2008, 10:03 AM
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All Stars
23,851 posts Joined: Dec 2006 |
QUOTE(sharesa @ Nov 7 2008, 10:00 AM) yes. Not lower than 800 points as claimed by our local analysts. I guess so bcos many formers are waiting at sidelines. There is no lacking of liquidity.For US stocks, US analysts also claim that this time will not drop like their previous lowest point around 1 month ago. They just want to buy "cheap" stocks. Sorry for the misunderstanding. Added on November 7, 2008, 10:09 am QUOTE(wirelessdude @ Nov 7 2008, 10:03 AM) Agreed. My post wasn't meant for you but for forummers who listened to you word for word. Why not you call for buy at xx this time, so see how far is it true.And this is a more mature response than calling people sore loser right? Ok. let's put this behind and focus on bottom-fishing! At least , we have some track records to see Seeing is believing. This post has been edited by SKY 1809: Nov 7 2008, 10:15 AM |
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Nov 7 2008, 10:09 AM
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Senior Member
3,790 posts Joined: Aug 2007 |
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Nov 7 2008, 10:10 AM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(SKY 1809 @ Nov 7 2008, 10:03 AM) I guess so bcos many formers are waiting at sidelines. There is no lacking of liquidity. Yup, there are massive liquidity at the sideline, just fear factor that hinder people to enter the market, as everyone treat cash is the king now. They just want to buy "cheap" stocks. Sorry for the misunderstanding. Yes, cash in the king now, no doubt about that, but after several years down the road, situation can change, if inflatoin pressure is reviving and economy back on track. The financial crisis won't be there forever, just it takes time to cure in term of deleveraging and correcting the previous mess. |
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Nov 7 2008, 10:13 AM
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All Stars
23,851 posts Joined: Dec 2006 |
QUOTE(cherroy @ Nov 7 2008, 10:10 AM) Yup, there are massive liquidity at the sideline, just fear factor that hinder people to enter the market, as everyone treat cash is the king now. "Yes, cash in the king now, no doubt about that, but after several years down the road, situation can change, if inflatoin pressure is reviving and economy back on track. The financial crisis won't be there forever, just it takes time to cure in term of deleveraging and correcting the previous mess. Yes, you are right " Cash is still king", but cannot be forever. There is a time frame, and depending on the risk factors at that moment. This post has been edited by SKY 1809: Nov 7 2008, 10:21 AM |
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Nov 7 2008, 10:19 AM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
Forumers,
Cheer up, we have the same aim: to make money We are all in the same boat. Should focus on or look for "share mane boleh beli one" |
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