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 Stock market V21, Huge Stimulus Age

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Neo18
post Mar 16 2009, 03:55 PM

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QUOTE(chyaw @ Mar 16 2009, 03:41 PM)
I didn't really look at my KLCI shares for the past few days. Reason is I think KLCI will drop somemore. And since I'm not planning to sell my existing shares and not buying any shares, better don't look lar! Currently, looking at STI, my overall portfolio just turn green today. Don't know why all my counters shoot up today even STI is in red...
*
I don't mind buying now.. i predict the following to happen to KLCI.
it might go down to 800, maximum, lead by PLANTATION AND FINANCE STOCK.

i will say until May 09, price to hit 800 +/-5%

I also predict that KLCI will end the year @900 points.

Therefore, i am buying bout RM15k every week until maybe end september 2009

This post has been edited by Neo18: Mar 16 2009, 03:55 PM
chyaw
post Mar 16 2009, 03:58 PM

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You're great! Still stick to your original plan. My plan actually still intact, but the last 25% of my cash is now waiting for KLCI below 800 (instead of putting it on Apr and May)...

QUOTE(Neo18 @ Mar 16 2009, 03:55 PM)
I don't mind buying now.. i predict the following to happen to KLCI.
it might go down to 800, maximum, lead by PLANTATION AND FINANCE STOCK.

i will say until May 09, price to hit 800 +/-5%

I also predict that KLCI will end the year @900 points.

Therefore, i am buying bout RM15k every week until maybe end september 2009
*
PS: My S'pore continue to go up rclxub.gif Still can't figure out why.

This post has been edited by chyaw: Mar 16 2009, 03:59 PM
alivecmh
post Mar 16 2009, 03:59 PM

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i think market will gradually recover back later, djia is set for another day of rebound.

Could be this reason that will cause DJIA to rally again : http://www.sinchew-i.com/node/81570?tid=1
aurora97
post Mar 16 2009, 04:02 PM

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volume so thin yawn.gif
mo_meng
post Mar 16 2009, 04:05 PM

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1.9 了 resort
Junior83
post Mar 16 2009, 04:09 PM

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QUOTE(mo_meng @ Mar 16 2009, 04:05 PM)
1.9 了 resort
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C'mon resort, u can do it smile.gif back to @1.93, shows the buying power smile.gif
mo_meng
post Mar 16 2009, 04:09 PM

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1.91
aurora97
post Mar 16 2009, 04:14 PM

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Resorts.

let it drop further, the further the better only than we will know where its actual bottom is.

if it keeps fighting to stay on current level without holding ground it will continue a long "painful" depreciating journey south.

This post has been edited by aurora97: Mar 16 2009, 04:15 PM
mo_meng
post Mar 16 2009, 04:15 PM

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yes agree on wat aurora97 said
Freelancer
post Mar 16 2009, 04:15 PM

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Interesting to watch Resorts wrestling its way back up. smile.gif
mo_meng
post Mar 16 2009, 04:15 PM

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plus i can buy in when reach down more haha
Soulsareworthless
post Mar 16 2009, 04:19 PM

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QUOTE(kmarc @ Mar 16 2009, 06:42 AM)
Genting looks attractive too for long-term investment but I think there are no good news for the short term.... can probably wait some more....

As always, not to recommend anything as stocks are so unpredictable.... can just shoot up anytime.... wink.gif
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What's the opinion on the stock rebounding in the short term?
mo_meng
post Mar 16 2009, 04:19 PM

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1.93 coming
chyaw
post Mar 16 2009, 04:24 PM

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Wah! Still got some much cash to put in? I already got quite an amount of Resorts on hand. Will only get more when KLCI drop below 800.
Axis Reits is the only one I'll buy if the price drop below RM1.20 (not considering KLCI how much)

QUOTE(mo_meng @ Mar 16 2009, 04:15 PM)
plus i can buy in when reach down more haha
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mo_meng
post Mar 16 2009, 04:26 PM

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i pulled out from resorts ma last time when it rebound n now waiting it goes lower lo
Junior83
post Mar 16 2009, 04:27 PM

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QUOTE(aurora97 @ Mar 16 2009, 04:14 PM)
Resorts.

let it drop further, the further the better only than we will know where its actual bottom is.

if it keeps fighting to stay on current level without holding ground it will continue a long "painful" depreciating journey south.
*
It's ady a long "painful" depreciating journey from RM2.4 to RM1.83 for a company like this in such a short time doh.gif


chyaw
post Mar 16 2009, 04:40 PM

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Anyone got problem login to M2U? Want to check today EOD price also can not...
cason80
post Mar 16 2009, 04:41 PM

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i cant go into m2u too ... sigh
aurora97
post Mar 16 2009, 04:41 PM

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QUOTE(Junior83 @ Mar 16 2009, 04:27 PM)
It's ady a long "painful" depreciating journey from RM2.4 to RM1.83 for a company like this in such a short time  doh.gif
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lol welcome to the stock market, nothing ever goes as plans btu if u have the marbles to withstand the impact should come out in one piece and probably more.

i bought at 2.4 and 2.01

manage to avg down to 2.0X, going to avg down somemore once i sell me TM.

From my persepective anyway, a stock with minimal gov intervention (in terms of ValueCrap and EPF) performs better and subject to market forces. The real push will come when FF starts buying up shares, if and when the eco recovers.

Should be an interestin counter to look out for.

If only Resorts stop holding the line and let it free fall...

***

Also on my radar is small cap plantation stocks expect stormy commodity prices ahead...

Lookin to target Ijmp, Hsp, rview.

This post has been edited by aurora97: Mar 16 2009, 04:47 PM
chyaw
post Mar 16 2009, 04:46 PM

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That's why I like S'pore shares more than M'sia one. More transparent as no such thing as EPF intervention. Purely based on supply and demand!

QUOTE(aurora97 @ Mar 16 2009, 04:41 PM)
lol welcome to the stock market, nothing ever goes as plans btu if u have the marbles to withstand the impact should come out in one piece and probably more.

i bought at 2.4 and 2.01

manage to avg down to 2.0X, going to avg down somemore once i sell me TM.

From my persepective anyway, a stock with minimal gov intervention (in terms of ValueCrap and EPF) performs better and subject to market forces. The real push will come when FF starts buying up shares, if and when the eco recovers.

Should be an interestin counter to look out for.

If only Resorts stop holding the line and let it free fall...
*

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