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Latest Posts By dealer0168 - Elite      About dealer0168
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05-Jul-2009 19:29 Others   /   Oil Price       Go to Message
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For oil price, i thk there will be some more correction b4 it rally back.

But if North Korea start war, the rally maybe back sooner..............
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05-Jul-2009 19:14 Others   /   Oil Price       Go to Message
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Btw the much worse than expected June jobs report is actually due to the bankrupt of GM company.

Emm whether recovery is ongoing or not, time will tell.

Let continue to monitor..........

Hope the worst is over.....
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05-Jul-2009 14:59 Others   /   DOW       Go to Message
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x 0 		Service Industries Probably Contracted: U.S. Economy Preview



By Bob Willis

July 5 (Bloomberg) -- Service industries in the U.S. probably shrank in June at a slower pace, signaling the worst recession in a half century is easing.

The Institute for Supply Management’s index of non- manufacturing businesses, which account for almost 90 percent of the economy, rose to 46, according to the median estimate of 37 economists surveyed by Bloomberg News. Readings less than 50 signal contraction. Higher oil prices widened the trade deficit and boosted the cost of imported goods, other reports may show.

Stabilization in housing and consumer spending combined with lean inventories mean companies may start expanding output again in coming months. Still, mounting job losses and stagnant paychecks are likely to restrain household purchases, limiting the force of any recovery.

“We’re in the process of bottoming, but the overall economy is still contracting moderately,” said Zach Pandl, an economist at Nomura Securities International Inc. in New York.

The projected reading for the Tempe, Arizona-based ISM’s gauge, due tomorrow, would be the highest in nine months. The measure was at 44 in May and has been in contraction territory since October, the month after Lehman Brothers Holdings Inc.’s demise triggered a financial meltdown that deepened the recession.

Recent data have pointed to a lessening pace of economic decline. ISM’s factory index on July 1 showed manufacturing shrank last month at the slowest pace since August and a measure of pending home sales advanced in May for a fourth month.

Fed View

The reports bolster the view of the Federal Reserve. Policy makers kept the key overnight lending rate unchanged at near zero on June 24, saying “the pace of economic contraction is slowing” and financial market conditions have “generally improved.”

Economists surveyed by Bloomberg in early June forecast the economy would grow at an average 1.2 percent pace in the second half of the year, following four quarters of contraction.

Since the recession began in December 2007, the economy has lost 6.5 million jobs, the worst slump since the Great Depression. Employers cut 467,000 workers from payrolls in June, worse than forecast, the government reported last week. Still, cuts have moderated since reaching a five-decade high of 741,000 in January.

Stocks fell on July 2, sending the Standard & Poor’s 500 Index to a third straight weekly drop, on growing concern that rising unemployment will hurt consumer spending. The index tumbled 26.9 points, or 2.9 percent, to close at 896.42.

Less Confident

The decline in stocks and rising unemployment may stem recent gains in consumer confidence. The preliminary Reuters/University of Michigan consumer sentiment gauge, due July 10, may drop to 70.6 this month from a 16-month high of 70.8 in June, economists surveyed said. It would mark the first decrease in five months.

Shaken by the loss of jobs, consumers are becoming more frugal.

“Consumers behave exactly right -- they spend more time and they buy bargains,” Google Inc.’s Chief Executive Officer Eric Schmidt said June 30 in an interview with Bloomberg Television. “The luxury stuff is off, and the core stuff that people need they are buying more of.”

A July 10 Commerce Department report may show the trade deficit grew as oil prices climbed. The gap widened to $30 billion in May from $29.2 billion the prior month, according to the survey median.

The Labor Department may say the same day that prices of goods imported into the U.S. rose 2 percent in June, led by gains in fuel costs, after increasing 1.3 percent in May, economists surveyed said.
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05-Jul-2009 13:39 China Sports   /   The Truth & Real Potential Of China Sport       Go to Message
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If there is any positive TA outlook in near term for china sport, China Sport investor will really appreciate the sharing here..........Smiley

We people invest to huat..............Smiley

 

 
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05-Jul-2009 13:33 China Sports   /   The Truth & Real Potential Of China Sport       Go to Message
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Hi Rictan & Bintang,

Newtothis is just too strong headed in character. I think just close one eye.Smiley. Need not bc of this than leave the forum. Experience fr u guys are needed here......Smiley

But if there is updated positive outlook on China Sport, i believe China Sport investors will really like to know.

Emm have to safeguard the interest of China Sport investor loh, what is done now is putting China Sport at risk from Shorters.

N some people will benefit fr it.

 

Hi newtothis,

As i had said, must respect TA analyst work loh. N better don't put Buy/ Sell call in future. All investor should make their own study for the counter they invested. They should know in this world there is no easy money.

 

 
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05-Jul-2009 12:23 China Sports   /   The Truth & Real Potential Of China Sport       Go to Message
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Newtothis. TA analsyt should be respected. Emm we should not erase their hardwork saying there is no real accurate TA chart.

In actual as i mentioned in below forum, their analsye are really useful to a certain extend.

Anyway, i like yr strong character, emm hope to see Doji Morning Star by Monday if not Tuesday as u mentioned. Smiley



newtothis      ( Date: 05-Jul-2009 12:06) Posted:



There is no real accurate TA chart. Share is manipulate by Human :) 

You will see the turning of Doji Morning Star by Monday if not Tuesday :) Confirmed

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05-Jul-2009 12:16 China Sports   /   The Truth & Real Potential Of China Sport       Go to Message
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TA can help us know the short-term, mid-term n long term trend to trade accordingly.

Short-term are meant for contra Trader.

Mid-term are meant for those who once get a reasonable profit, they will offload their holding.

Long term...emm i considered them as die hard fan for the company....

See which type of traders u are. If u are short term trader, than with current TA analyse, u may got shaking legs if u just vested in a while ago.

But if u are a mid-term & long term trader, emm we may see a revert in fortune at later part with TA projection in favour to us at latter part.

Anyway as the FA of this company is good, i don't think we should not worry much.

Up & down of stock price is part & parcel of the stock movement. No stock will go down forever & also no stock will go up forever.

(My opinion)
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05-Jul-2009 11:47 China Sports   /   The Truth & Real Potential Of China Sport       Go to Message
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Ooo that bad. Anyway, we had seen the TA analyse from Pilotfish, el7888 & you. N all have different view.

Let see which one forecast is nearer to the right one........

And we will know who is the TA   GURU.............

 

I thk let put the TA things talk at the other China Sport forum whereby all the valuable studies from u guys were shared there.

As i believe China Sport investor here will prefer to have  a positive corner to chat chat.Smiley

 

 

 



Bintang      ( Date: 05-Jul-2009 11:28) Posted:

China Sports if goes down to 12.5 cents and break this supporting point , it would go down further to 8 cents

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05-Jul-2009 11:10 Ezion   /   Ezion       Go to Message
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If it is a temporary upside breakout, a short term play will be safer........Smiley

 

 
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05-Jul-2009 11:06 Ezion   /   Ezion       Go to Message
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Actually to TA point of view, there is many type of up. So for this counter is it just a temporary upside breakout or convincing uptrend.

Need to point out clearly....



vinyong      ( Date: 05-Jul-2009 10:57) Posted:

Ezion has been pushed down recently. Now it's going up with a vengenance as the trend is up. Get ready to ride the trend. Dont miss it.
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05-Jul-2009 10:52 China Sports   /   The Truth & Real Potential Of China Sport       Go to Message
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Emm hope monday morning China Sport progress well & we see a morning star.Smiley

 



Bintang      ( Date: 05-Jul-2009 10:45) Posted:

As the closing candle on Friday , may be I made a mistake calling it a ' morming star ' , that was a little bit too optimistic , but in actual fact , we must name this candle after seeing another following candle . If there would be a black candle that gaps lower on the next session , it is called a COLLAPSING DOJI STAR .Therefore I am still bearish on China Sports .
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05-Jul-2009 10:33 Ezion   /   Ezion       Go to Message
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Ezion is an oil & gas offshore support vessel (OSV) sector counter. Have to monitor closely if vest in this one during this period.

For this I agreed with watchlist.



watchlist      ( Date: 04-Jul-2009 11:31) Posted:

Be very careful with this stock. There are many players in there swing the stock price. It is a very small player in the big league and exercise extreme caution as oil price is deemed to correct downwards.
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05-Jul-2009 10:23 Others   /   Expanding intrinsic value and rising dividends....       Go to Message
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x 0 		Ooo which are the one than.......jeremyow? Care to share it out. Me interested as well. Smiley
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04-Jul-2009 23:46 China Sports   /   The Truth & Real Potential Of China Sport       Go to Message
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Ooo, newtothis let don't talk China HX here. Let make this area an investor corner for China Sport . Smiley

Actually TA can be helpful to a certain extend loh...............Smiley

Hope u are right, China sport stock price will up...up up.............on the way. Smiley

 



newtothis      ( Date: 04-Jul-2009 23:31) Posted:

I already vested in that burger in may :) But havent join this forum yet, even though i read some of the post "cant help laughing". I decided to join to warn about China Hongx as TA speculating it will was doing something at "0.19".

So i afraid people will fall for this so i join and warn people. But people dislike me because of that. sigh



newtothis      ( Date: 04-Jul-2009 23:24) Posted:

China Eratat footwear is another potential. It will fly too.
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04-Jul-2009 23:22 China Sports   /   The Truth & Real Potential Of China Sport       Go to Message
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Oic, hope all of us huat lah........Smiley$$

 

 



newtothis      ( Date: 04-Jul-2009 23:08) Posted:

Zhou Yu is consider very smart and well verse in military strategy he was so confident that he almost can predict anything untill he met zhuge liang. Since then Zhou Yu tried his very best to eliminate ZhugeLiang. But In the end Zhou Yu lost :P

I predict the price of China Sport to be 0.145 - 0.160 range on Monday trade. Provided Nothing Major incident happens :)

So far - Rosy Q2 Results for China as the stimulus took effects :) HUAT ah



dealer0168      ( Date: 04-Jul-2009 23:02) Posted:

Ooo ...emm jiang lai ting ting.......sound interesting. N got not idea why Zhou Yu say that.Smiley
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04-Jul-2009 23:15 China Sports   /   China Sport       Go to Message
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But Bintang, emm just a few words of caution on Ezion this counter. N that Ezion is also an oil & gas offshore support vessel (OSV) sector counter.

Have to watch closely if vest in this one during this period.
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04-Jul-2009 23:02 China Sports   /   The Truth & Real Potential Of China Sport       Go to Message
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x 0 		Ooo ...emm jiang lai ting ting.......sound interesting. N got not idea why Zhou Yu say that.Smiley

newtothis      ( Date: 04-Jul-2009 22:56) Posted:



You know Zhou Yu use to say "Since there is Yu why there is Liang" :)

 
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04-Jul-2009 22:50 China Sports   /   The Truth & Real Potential Of China Sport       Go to Message
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x 0 		Doji Morning star will be best...........Smiley$$

newtothis      ( Date: 04-Jul-2009 22:48) Posted:



We shall have the answers by Monday if it is a Doji Morning Star or an Doji Evening Star.  - :)

 
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04-Jul-2009 22:01 China Sports   /   The Truth & Real Potential Of China Sport       Go to Message
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x 0 		BTW anyone can tell when is the CR date?
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04-Jul-2009 18:07 Sakari   /   Straits Asia       Go to Message
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Ooo cheongwee, u sound very dejected. Actually everyone have their own favourite counter like u.

N normally we vested alot on our own favourite counter. The call to buy & sell, each individual will

definately have to be responsible fr themselve. U are not to blame at all.

To be frank, sometimes see yr forum to me is just like seeing a soccer match...so exciting. Hey is a compliment....not

kidding u.

Emm maybe in future in yr forum, u just provide news to the forum folks n don't give them any call on buy or sell.

Let them decide themselves. Anyway, we got TA expert in RichTan & Bintang whereby we forum folks can

consult b4 acting as well. To be frank yr forum writeout is helpful for the forum folks also. Don't just leave like this. Cheer pal.Smiley

 

 
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