What happened to resorts? almost RM 2.00

Where got? It's 2.22 (+0.05).....

Are you referring to The Star

maybe he is talking about YTL POWER RM 2 coming soon

This post has been edited by SKY 1809: Dec 18 2008, 07:19 PM

what happened to IOICORP? why suddenly rise so much? because of crude oil fall below 40usd, or palm oil index will be introduced?

Yup. Wrong pricing?

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Added on December 18, 2008, 7:33 pmNo lar

This post has been edited by darkknight81: Dec 18 2008, 07:33 PM

Something interesting : -

http://www.btimes.com.my/Current_News/BTIM...icle/index_html

This post has been edited by SKY 1809: Dec 18 2008, 07:38 PM

- (source: BNM) Ringgit sharply strengthen against major currencies. Dollar dipped is one. I reckon central banks are going to intervene. It seems that funds are not exiting for now.

- Despite regional bourses closed flat, CI rallied and closed at 880.50 up 18.00, a 2.09% jump. CPO once again in focus due to 1. huge oil production cut at 2.2m barrel a day. 2. dollar falls. Plantation companies rallied with but CPO closed red. KLK, IOICorp and Utdplt among the plantation companies that gain the most. Both leading indicators have contradicted. CPO is still tracking crude oil while investors expect plantation companies will benefit from weaken dollar. I reckon central banks are going to intervene, hence a pullback on CI is imminent. Shall they not, exporters will continue to suffer, offsetting their gain from hike of CPO.

Special report (Dec 18): KLCI, Ringgit and CPO

Financial World Today

Just an illustration, you can see from the Q that number of buyer and number of seller as pointed in arrow. Below is the Genting Q situation.

You can see the buyer Q of 558,400 are come from 110 orders being key in while 722,400 come from 10 orders only.

This post has been edited by cherroy: Dec 18 2008, 08:30 PM


Attached thumbnail(s)

cherroy, sorry i don't catch it, what does the diagram attached indicate?

The price shoot up 0.36 today. I think a lot of people making money lo.

sellers are institutional players or at least big guys .... buyers are small fishes.

I reckon most of the funds are still holding huge pile of cash. Big guys jacking it up ... ho ho ho ... beware of reversal .

Haha... I'm waiting for another 2.08

me too think that big boys are jacking up the price

tomorrow IOI should be continue its rally.

Hope ramunia will continue to rally Just bought huge lots.

How huge and how much ?

crude oil is not doing any better despite the production cut. 5% biodiesel i guess is the catalyst if not ....

Yen goes up .

New Jobless Claims Drop More Than Expected- AP

Initial claims for unemployment benefits dropped more than expected last week but remain near a 26-year high. The Labor Department says that new applications for jobless benefits fell to a seasonally adjusted 554,000 from an upwardly revised figure of 575,000 the previous week. That's slightly below economists' expectations of 558,000 claims.

yahoo finance

dare to bet ramunia?

DJIA opens GREEN:

8,875.32 +50.98 +0.58%