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 Stock market V19, Chit chat in the market

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mindstorm
post Dec 12 2008, 10:30 PM

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anyone knows why kurasia jumped?
mindstorm
post Dec 18 2008, 10:21 AM

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QUOTE(kingkong81 @ Dec 18 2008, 08:35 AM)
Target price of IOICORP at 1.73!!!! Wah.....that was bold
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how come this forecash news on IOI is so bad but such a strong rally now??

mindstorm
post Dec 18 2008, 11:23 AM

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ioi 3.52!! wtf? woohoo..
mindstorm
post Dec 18 2008, 11:38 AM

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QUOTE(viper88 @ Dec 18 2008, 11:31 AM)
U bought IOICorp?
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ya.. i told u wat...bought at 3.06 then sold at 3.20 then buy back at 3.22 when i saw strong support
but small small only nia
i'm still newbie

This post has been edited by mindstorm: Dec 18 2008, 11:39 AM
mindstorm
post Dec 23 2008, 06:08 PM

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http://biz.thestar.com.my/news/story.asp?f...20&sec=business

lots of bad news today causing market to dip
The pros can't believe their luck... it's Christmas time for cheaper stocks!
mindstorm
post Dec 27 2008, 01:01 AM

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Oil rebounds from sharp fall in previous session
http://news.yahoo.com/s/ap/20081226/ap_on_bi_ge/oil_prices
mindstorm
post Jan 2 2009, 10:21 PM

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holy cow!! i wanted to buy liondiv but working today...walau...shoot so fast!!
liondiv, lionind, ioicorp, knm...omg

hard to say wheather this is temp or not...

once ppl realize that if oil price cannot go down further, ppl with start to rush it and prices will shoot up fast for oil counters... because the bottom wld have been reached.
the reason why most investors are holding back is because of the expectation of further price reduction. once everyone thinks price cannot go any further down...the only way then is up...
same for cpo prices

the worst news are those of large companies collapse, if any of these sort of news come out this year, then stocks will have diarrhoea again.....


mindstorm
post Jan 6 2009, 11:58 PM

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QUOTE(wirelessdude @ Jan 6 2009, 09:34 PM)
Me - I still holding 900 lots KNM. Have been heavy on O&G. Also have this U.S. ETF called USO, which tracks oil futures, when oil was at $39 but sold off my Scomi today at $0.39 - too early cos it went as high as $0.415 I think.
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walao, almost half million in knm alone. if knm eventually double(which is not impossible), u'll have a million.


mindstorm
post Jan 8 2009, 12:06 PM

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a correction will flush out the weak holders...
mindstorm
post Jan 9 2009, 02:43 AM

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I work in the retail line. It is strange... amid all the bad news in 2008, my sales actually went up 11% compared to 2007. 2007 was bad, only up 3% compared to 2006. Before that, growth per year was between 10-13%.
mindstorm
post Jan 9 2009, 11:14 AM

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QUOTE(cherroy @ Jan 9 2009, 10:55 AM)
Because prior before around September 2007, business is still good and sales still brisk.

It is after around October, then business starts to go down hill.
The first good 3Q can compensate the last poor Q, which is happening in most company sales as well. It is 4Q 2008, and 1Q of 2009 sales figure which is the most concern and is expected to be worst.
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u mean sept 2008?
last quarter 2008 sort of stagnanted. but dec sales still ok.
one thing for sure, feb 2009 will suck after cny

noticed one thing in changes of shareholdings in the star website, on the 7/1/09 so many share purchases(bullish), but on the 8/1/09 only 1! Suddenly everyone frozen... freaked out by the drop in oil and other scary news...
correct me if i'm wrong
mindstorm
post Jan 9 2009, 12:00 PM

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QUOTE(alivecmh @ Jan 9 2009, 11:50 AM)
Goldman Sachs buys 10.86m E&O shares

No wonder O&G up so much.
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eh...dun mind me asking newbie question, from where u get that info?
mindstorm
post Jan 9 2009, 12:29 PM

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[quote=SKY 1809,Jan 9 2009, 12:11 PM]
http://biz.thestar.com.my/news/story.asp?f...36&sec=business


Added on January 9, 2009, 12:12 pm

wah, star news faster than bursa, cuz i checked bursa under changes in shareholdings>by company>e&o also i dont see this announcement.

newbie question again, which then is the place to get the latest info the earliest(about shareholding changes)?
mindstorm
post Jan 11 2009, 07:46 PM

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Haha, the clash of the titans makes an interesting discussion about the psychology behind a person's desire to succeed.

Even if it is sam's intention to "show off" out of ego, i think it is nothing wrong. Different ppl have different motivation for achieving a goal. It looks like sam's motivation is to bring down TA principles. Seng became his target could be because last time seng's critisized him( I don't know) or hurt him(through words) in some ways. So it could be a motivation out of revenge and also a show off of mental superiority. Who knows? Watever it is, i'm sure a lot of ppl benefited from both parties for their willingness to share their views! Thanks to both.

I think showing off wealth is pretty common and comes in many forms. Scanning bank book may not be a popular way to do it, but riding in an expensive car or wearing an expensive watch sure is! To me it is not much different. That's why there is such thing called "branded". On top of wat ppl think as "quality", it is really the price tag that they want to show off! Branded clothes, big house in up class location etc etc.
The fact that the whole world knows about Buffett contribution of billions to Gate's foundation is also showing off. "I am so rich that i can afford to give so much away!" Otherwise we wont know about it. I believe there are many large charities that go unheard of.

The ppl that show off the most are also the ones we enjoy seeing and reading the most. All those famous actors/actresses.

Underneath the desire to show off is actually the need to gain respect. I think this need reside in every human, to be acknowledged and be respected by another human. I don't think Sam "forcefully" show off. He doesn't have a gun pointing at anyone to read his blog.

Watever the 2 of them has against each other, i hope both gurus continue to blog as i have learned a lot from them.

This post has been edited by mindstorm: Jan 11 2009, 07:50 PM
mindstorm
post Jan 13 2009, 08:29 AM

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QUOTE(kmarc @ Jan 13 2009, 06:32 AM)
Crude oil settles below $38 : http://www.cnbc.com/id/28608661
- dropped almost 8%  sweat.gif

Russia to restore gas supply : http://edition.cnn.com/2009/WORLD/europe/0...aine/index.html

Careful guys.... oil-related companies on the downtrend due to the above

Alcoa's losses more than expected :
http://www.cnbc.com/id/28623420
http://www.bloomberg.com/apps/news?pid=206...kV0k&refer=home

More bad news as expected..... keep in mind the high probability that this period is only a bear market rally.... the worst might just be around the corner....

Again, all are predictions, only my -0.00002 cents, judge your own.....  icon_rolleyes.gif
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wah, so wld alcoa drop affect PA? hmm.gif


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