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 Stock market V17, Aftermath of Oct depression

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kingkong81
post Nov 7 2008, 09:25 AM

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ioi below rm3!
danmooncake
post Nov 7 2008, 09:25 AM

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QUOTE(kingkong81 @ Nov 7 2008, 09:25 AM)
ioi below rm3!
*
I think it will go back to RM2.
SUSjvcpcv55
post Nov 7 2008, 09:27 AM

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gets your bullet ready.....

prepare..

aim....

and ..... wait tongue.gif

This post has been edited by jvcpcv55: Nov 7 2008, 09:27 AM
espree
post Nov 7 2008, 09:27 AM

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QUOTE(danmooncake @ Nov 7 2008, 09:25 AM)
I think it will go back to RM2.
*
that would be great.
kingkong81
post Nov 7 2008, 09:44 AM

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QUOTE(danmooncake @ Nov 7 2008, 09:25 AM)
I think it will go back to RM2.
*
RM2!

That will b one hell of dropping in KLCI...but i dun mind laugh.gif
sharesa
post Nov 7 2008, 09:48 AM

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many analysts are saying that this time's drop won't be lower than the previous one (800)
wirelessdude
post Nov 7 2008, 09:52 AM

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QUOTE(AdamG1981 @ Nov 7 2008, 09:02 AM)
Thanks buddy, we have a hater in the thread now. Most likely sored from losing money.
*
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
SKY 1809
post Nov 7 2008, 09:53 AM

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QUOTE(sharesa @ Nov 7 2008, 09:48 AM)
many analysts are saying that this time's drop won't be lower than the previous one (800)
*
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 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.
*
I guess you are saying you have not made any serious mistakes since U days.

A big congratulation to you.

Mind to share more ?

This post has been edited by SKY 1809: Nov 7 2008, 10:00 AM
achcmy
post Nov 7 2008, 09:55 AM

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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 ?
*
He already referred to 800 points la bro. Means won't drop lower than 800 according to his sources la..
SKY 1809
post Nov 7 2008, 09:58 AM

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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..
*
Sorry , i saw wrongly.

But in long run, 650 pts could be next year.

AdamG1981
post Nov 7 2008, 09:59 AM

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QUOTE(wirelessdude @ Nov 6 2008, 06:52 PM)
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.
*
C'mon man,

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.




sharesa
post Nov 7 2008, 10:00 AM

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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.
wirelessdude
post Nov 7 2008, 10:01 AM

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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 ?
*
Of course I have ...who hasn't?! wink.gif

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.
AdamG1981
post Nov 7 2008, 10:02 AM

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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
wirelessdude
post Nov 7 2008, 10:03 AM

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QUOTE(AdamG1981 @ Nov 7 2008, 09:59 AM)
C'mon man,

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.
*
Agreed. My post wasn't meant for you but for forummers who listened to you word for word.

And this is a more mature response than calling people sore loser right?

Ok. let's put this behind and focus on bottom-fishing! smile.gif
SKY 1809
post Nov 7 2008, 10:03 AM

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QUOTE(sharesa @ Nov 7 2008, 10:00 AM)
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.
*
I guess so bcos many formers are waiting at sidelines. There is no lacking of liquidity.

They just want to buy "cheap" stocks.

Sorry for the misunderstanding. flex.gif


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.

And this is a more mature response than calling people sore loser right?

Ok. let's put this behind and focus on bottom-fishing! smile.gif
*
Why not you call for buy at xx this time, so see how far is it true.

At least , we have some track records to see hmm.gif

Seeing is believing.

This post has been edited by SKY 1809: Nov 7 2008, 10:15 AM
aurora97
post Nov 7 2008, 10:09 AM

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QUOTE(wirelessdude @ Nov 7 2008, 10:03 AM)

Ok. let's put this behind and focus on bottom-fishing! smile.gif

*
Like Obama said "Let Unite", the market is the enemy.

Gd luck hunting!
TScherroy
post Nov 7 2008, 10:10 AM

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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.

They just want to buy "cheap" stocks.

Sorry for the misunderstanding. flex.gif
*
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.

SKY 1809
post Nov 7 2008, 10:13 AM

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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
TScherroy
post Nov 7 2008, 10:19 AM

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Forumers,
Cheer up, we have the same aim: to make money

We are all in the same boat. smile.gif

Should focus on or look for "share mane boleh beli one" biggrin.gif

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