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 Stock market V23, New PM in the house

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Junior83
post Apr 9 2009, 03:05 PM

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market react positively to new cabinet gua
aurora97
post Apr 9 2009, 03:08 PM

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QUOTE(whizzer @ Apr 9 2009, 03:00 PM)
Hmm... isnt that money laundering & against the law somewhere ?
*
it is a form of money laundering and also possibly market manipulation but to prove it is all together a different matter because not only is it international but its covered with layers of dirt. Most likely any attempt to find the true entity will lead to one brickwall and another brickwall.

normally..

the KYC policy is only very basic and only go so far just to scratch the surface of things. If a person or entity were to hoodwink a local bank or IB, its not all that difficult... you just need someone wif inside knowledge on how things work.
tessei
post Apr 9 2009, 03:08 PM

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QUOTE(aurora97 @ Apr 9 2009, 02:43 PM)
oh look the market is taking off..

look forward to a crash tomorrow.. keke..
*
Every week seems wanna to crash but since 2nd week of march CI is moving on..
all stock seems getting pricy (some already break double bottom pattern..)

major boat passed by...

confused?? rclxub.gif

hehehehe
sampool
post Apr 9 2009, 03:09 PM

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many share is burning to klse, 40% left, not dare to throw. may ci will shoot to 1000 end of april. smile.gif
aurora97
post Apr 9 2009, 03:11 PM

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QUOTE(tessei @ Apr 9 2009, 03:08 PM)
Every week seems wanna to crash but since 2nd week of march CI is moving on..
all stock seems getting pricy (some already break double bottom pattern..)

major boat passed by...

confused??  rclxub.gif

hehehehe
*
Whats the rush, i personally don't think this type of trend is sustainable... its like sugar rush in a state of euphoria.. but once a person starts sobering up, u'd see the horror of things.

On the reverse of it, i could be wrong so don't quote me but I am betting on a final mother of all crashes.

cherroy
post Apr 9 2009, 03:11 PM

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QUOTE(simplesmile @ Apr 9 2009, 02:00 PM)
I just thought of something and I'd like to share with you guys. Give me your feedback.

I went to a free preview talk by one of the local traders. She said her trading strategy is to follow the money. Follow the money means following Foreign Funds. From my memory, this is how it works. FF will come in to buy the shares... then goreng it up. At high price, it will slowly sell 80% of its shares. Then the last 20%, it will sell aggressively to make the price fall alot. Small investors will get scared and follow to sell. Then when time is right, the FF will start buying up cheaply again.

I don't know if what she said is true or not. But if it is true, then maybe our market hasn't bottomed yet. This depends on what the FF wants to do.

*
Do not think FF must be good.
I would say the speaker look too high on them.

Why people always have high regard on them? Because they come with big bullet and aggressive, which when they move, they move in big which send the market sky-rocketing and market surge for some period of time almost non-stop.

Every fund managers's account is not transparent, nobody knows whether their goreng is successful earn them money everytime. They could fail to goreng up and stuck with it which is quite norm. Every years there are plenty of hedge fund doing superbly but there are some funds closing down.

If everyone of them (FF) are indeed that good, we won't have this financial crisis which those financial expert bring down 100 years old history financial instituition.

Also don't look down on EPF and PNB, they are not dump too. They are the sellers as well during last bull market.

Every goreng start and come with different pattern, you cannot forsee and predict accurately each time. It is like chess game, you can start your pawn in various way. If not, everyone can guess it, and take advatange of it, by then their goreng won't be successful.
Theory always sound easy, real trade and real world is not that simple that must be this and that. It is just like a chess game.
If you try to predict what opponent will be doing, your chance of getting right is no different than hitting the lottery. Instead better concentrate on your strategy and tactic instead of thinking how other will move. See other move already, then adjust tactic and strategy according. Second guess what they will be doing is just wasting time only. It just like predict what you will eat to night, pizza, KFC, roti canai. biggrin.gif

Why we do investment based on fundamental? instead of goreng or short term trade?
Because we don't need to second guess how other or future what price other will be buying or willng to pay more price than currently. We just need the company make enough profit and give dividend to us.

The one we can know, is that most retailers like to chase after the stock after surging or greendish time, which they don't look back the stock has been rising 2x or 3x or even more, they just buy according to their gut and feeling good about the market time which goreng syndicate capitalised on.


sampool
post Apr 9 2009, 03:16 PM

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QUOTE(aurora97 @ Apr 9 2009, 04:11 PM)
Whats the rush, i personally don't think this type of trend is sustainable... its like sugar rush in a state of euphoria.. but once a person starts sobering up, u'd see the horror of things.

On the reverse of it, i could be wrong so don't quote me but I am betting on a final mother of all crashes.
*
that is y, those who sold last week is trapped actually. ppl just think last week is the bottom and the chance buy low will never came back even they know market may crash, but may happen end of april. tongue.gif

This post has been edited by sampool: Apr 9 2009, 03:17 PM
fatw3apon
post Apr 9 2009, 03:20 PM

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After the speech finish, the KLCI ganna crash until 500 point tongue.gif Hope im right!!
cherroy
post Apr 9 2009, 03:21 PM

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QUOTE(whizzer @ Apr 9 2009, 03:00 PM)
Hmm... isnt that money laundering & against the law somewhere ?
*
It is not considered money laudering at all in this way.

Goldman Sachs is a investment bank (not become holding company), they can just buying based on request from some clients.
Whether they actually own or not own or buying based on their decision, we don't know.

Just like you buy a share let say xyz through M2U, the record will show M2U is the one buying xyz, not you.

In actual investment world, it is much more complex, just a simple illustration.
sampool
post Apr 9 2009, 03:24 PM

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the rally still on till ci 950 at less. 2cents only.
lklatmy
post Apr 9 2009, 03:26 PM

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New cabinet out ady,change soup but not the medicine.
sampool
post Apr 9 2009, 03:33 PM

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feng shui master. notworthy.gif
thken
post Apr 9 2009, 03:34 PM

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something is wrong in the market i still cant figure it out.....
sampool
post Apr 9 2009, 03:41 PM

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纳吉新内阁名单终于揭盅了
凯里不入阁,慕克里副部长
4月9日 下午3点34分
新任首相纳吉今日揭盅其新内阁名单,这个被命名为新团队的内阁,共拥有28名部长及40名副部长。纳吉强调,人民要求是一个对人民需求,反应迅速的负责任领袖,以达致“一个马来西亚”口号的目标。

纳吉也宣布将会设立关键绩效指标,来监督40正副部长的表现,并委任一名首相署部长,特别负责监督此事。

之前在308大选后,拒绝受委为交通部副部长原地踏步,而引起政坛震撼的哈尼发终于扶正,担任外交部长。

至于备受瞩目的巫青团长凯里则不受委,不过党选落败对手马哈迪幼子凯里,则出任副贸工部长。

至于科艺部和能讯部则合并为能源、绿色工艺及水务部,并由陈法贵出掌部长。

纳吉本身兼掌财政部,巫统署理主席慕尤丁出任副首相兼掌教育部。

巫统副主席阿末扎希国防部长,第二高票副主席希山慕丁担任内政部长,另一名副主席莎菲益则出掌乡村发展部长。

至于巫统妇女组主席莎里扎则重新受委妇女部长。其副手也是今日被委为上议员的马华妇女组主席周美芬。

至于在华裔部长方面,今日宣誓就任上议员的许子根受委为首相署部长,负责团结及监督部门的表现。

至于马华继续维持四名部长的格局,江作汉升正房屋部长,取代在党选中落败的黄家泉。至于黄燕燕专任旅游部长,翁诗杰继续执掌交通部,廖仲赖则继续担任卫生部长。

aurora97
post Apr 9 2009, 03:42 PM

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QUOTE(cherroy @ Apr 9 2009, 03:21 PM)
It is not considered money laudering at all in this way.

Goldman Sachs is a investment bank (not become holding company), they can just buying based on request from some clients.
Whether they actually own or not own or buying based on their decision, we don't know.

Just like you buy a share let say xyz through M2U, the record will show M2U is the one buying xyz, not you.

In actual investment world, it is much more complex, just a simple illustration.
*
say Mr. vincent a Malaysian had open an account with Goldman using his 888 company as a client, he directs Goldman to invest in Malaysia.

Isn't there hints of Laundering?

Some may legit investment reasons doin so but unless proven otherwise than we will need to know the reason and intention of why a person is doing such.



This post has been edited by aurora97: Apr 9 2009, 03:44 PM
panasonic88
post Apr 9 2009, 03:47 PM

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QUOTE(thken @ Apr 9 2009, 03:34 PM)
something is wrong in the market i still cant figure it out.....
*
glc price soften.
dsugums
post Apr 9 2009, 03:47 PM

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Looks like Maybank-OR under heavy selling pressure. Look at seller side sweat.gif Might grab some if it drops to about 90sen drool.gif . Another 4 more days to go. Maybe the goreng traders will dump the shares if they cannot pick it up for conversion.
sampool
post Apr 9 2009, 03:49 PM

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look like lyn so quiet, even stocks market climb. sweat.gif rolleyes.gif
tessei
post Apr 9 2009, 03:52 PM

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QUOTE(sampool @ Apr 9 2009, 03:49 PM)
look like lyn so quiet, even stocks market climb.  sweat.gif  rolleyes.gif
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MR MARKET=LYN MEMBERs=UNDECIDED UP/DOWN (for the moment)


- prefer market CORRECTION ATM

This post has been edited by tessei: Apr 9 2009, 03:53 PM
thken
post Apr 9 2009, 03:52 PM

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stock market climb we sad.....

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