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Just for reading pleasure 
Goldman Sachs Quietly Pulls Out of Commodities
 Goldman Sachs drastically changed its exposure to commodities in the third quarter according to a Reuters report from a few days back, via MetalMiner.
This could be a sign that they believe dollar weakness has run its course, or at least that it has become too crowded in the near term.
MetalMiner: The change is reflected in two ways, first, a reduction of 32% in their VaR (value at risk – the sum of money a bank is willing to lose in one day of trades) to $27 million and a reduction in hirings for the commodity department. Of course their change of approach does not preclude them from coming back into the market next year but it supports our own position this last two months that further price increases are unlikely and the fourth quarter could see a drop back in prices as demand fails to materialize as hoped.
Read more here.
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BB stands for Big Boobs....hahaha!
keepnosecrets ( Date: 21-Oct-2009 20:25) Posted:
BB stands for BigBoy, BadBoy, BigBurger, BigBlaster, BigBullsitter and what have you. Hehehe. In this forum, we mean BIGBOYS who are bigtimers whose trades are so large that often can affect or even control the movements of a counter. Some of them are frens of Risktaker and some are even bosses of a few forumers. 
allright ( Date: 21-Oct-2009 15:52) Posted:
| Really hope so. Read the Nomura report (55 pages) . More confidence in this share now. Can you explain what is BB? Always see you people write about BB. Who are they? |
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I eepost because the earlier post was distorted. -- TP 4.38 ( years later?)
Sembmarine’s new Brazilian yard to capture Petrobras business. Upstream, an industry journal, recently reported that Sembmarine is eyeing a new yard in Brazil. Sembmarine is expected to receive two environmental permits to build a yard in the Aracruz industrial hub in the state of Espirito Santo, Brazil by Mar 2010. Construction could start by May 2010 and finish by mid-2010. The yard allegedly could win the tender for the first seven drill ships (out of 28 for tender) from Petrobras. We estimate the potential investment in the yard at as high as US$500m.
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CIMB - TP 4.38
industry journal, recently reported that Sembmarine is eyeing a new yard in Brazil.
Sembmarine is expected to receive two environmental permits to build a yard in the
Aracruz industrial hub in the state of Espirito Santo, Brazil by Mar 2010.
Construction could start by May 2010 and finish by mid-2010. The yard allegedly
could win the tender for the first seven drill ships (out of 28 for tender) from
Petrobras. We estimate the potential investment in the yard at as high as US$500m.
Sembmarine’s new Brazilian yard to capture Petrobras business. Upstream, an
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I think Bank shares will be affected --
Qatar holding is to sell more than 379 million share of UK largest bank, Barclays Plc sending Barclays share falling 5.5%
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Gold looks set to soar --------
Banks Tell Traders To Keep Attacking The Dollar
 It's no wonder the Dollar keeps taking a beating: Traders at banks are being told to keep hammering away at the poor greenback.
An internal RBS memo tells traders in no uncertain terms to:
Stay with the established themes of 1) USD weakness and 2) carry/trends trump valuations. One place to oppose this is GBP.
In part, their bet is to be on the same side as emerging market governemtns, such as those in Latin America:
Expectations of a relatively strong economic recovery and USD weakness should increase pressure on the region's Governments to intervene to stem FX appreciation.
These internal messages echo what banks are saying outwardly. Erik Davidson, senior managing director at Wells Fargo's Private Bank, tells Forbes that investing with US Dollars is "a strategy for losing money safely." Between the declining dollar and falling Treasury yields, the idea is no longer to invest in "what's good" but rather, "what's less bad."
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IPunter,
Market up or down, you are always very cool. :) 
iPunter ( Date: 20-Oct-2009 08:50) Posted:
Price downtrends should not put your heart to the bottom at all...
Because price downtrends are really great opportunities to make money too... hehehe...
_________________________________________
Multiple Time-frame Technical Analysis
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Blastoff
Nowadys, you update the forum twic a day! Tks
Blastoff ( Date: 20-Oct-2009 12:12) Posted:
TOKYOJapanese share prices rose 1.09 per cent in morning trade on Tuesday after US stocks climbed to fresh highs for the year on renewed optimism about the outlook for corporate earnings.
The benchmark Nikkei-225 index gained 111.07 points to 10,347.58 by the lunch break. The broader Topix index of all first section shares advanced 8.88 points, or 0.98 per cent, to 914.68.
HONG KONG
Hong Kong share prices were 0.42 per cent higher in early trade on Tuesday, with the benchmark Hang Seng Index adding 94.05 points to 22,294.51.
SHANGHAI
Chinese shares rose 1.14 per cent on Tuesday morning, tracking gains in US stocks overnight and higher commodity prices in the international market, dealers said.
The Shanghai Composite Index, which covers both A and B shares, was up 34.76 points at 3,073.04.
The Shanghai A-share index added 36.56 points, or 1.15 per cent, to 3,225.20, while the Shenzhen A-share index gained 8.55 points or 0.77 per cent to 1,120.12. |
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Attention seeker......
tonylim ( Date: 20-Oct-2009 11:41) Posted:
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Dear Risktaker,
Good luck to your Indonesian stocks, and bye. Now, Midas can breathe better and move up.
risktaker ( Date: 19-Oct-2009 19:14) Posted:
| for now ... i gonna play some Indonesian stocks :) gonna leave this baby low for a while
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Few months ago, i saw a 'SELL' call with a fair value i think $9 plus by UOB kayhian. Since then, stock price has not tumbled at all.......what a call!
marubozu1688 ( Date: 16-Oct-2009 22:46) Posted:
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China has taken step to 'woo' Arab to foster a closer relationship --See extract
"But why are Arab countries lending a kind ear to China? Look no further than the U.S, invasion of Iraq. With an estimated one million Arab deaths resulting from the US invasion, anger is simmering throughout the Arab world, not just Iraq. The bad publicity gained has helped an enthusiastic China in a big way. China is in need of huge amounts of oil and the Gulf States are happy to comply with China in exchange cheap imports, military technology transfer. This pushes the US further aside from the bargaining table and reduces its influence"
China is set to make this happen and now should be time to look at those Oil related companies in China. Which company has good potential for investment?
keepnosecrets ( Date: 19-Oct-2009 16:56) Posted:
This counter has potentials, why are you thinking of selling? What px did you pay for?
angang ( Date: 19-Oct-2009 16:38) Posted:
jus bought some... & it was stuck now.
Tinking of selling it at a loss.....
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richtan
Candlesticks is interesting. I chance upon the website and was reading it and find it amazing. :)
richtan ( Date: 19-Oct-2009 09:34) Posted:
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Stop-loss points are individual decisions and may take the following factors into consideration:
(1) Ability to read and interpret the candlesticks for reversal pattern.
(2) Individual threshold of pain (risk tolerance), ability to stomach up to what percentage of losses.
(3) Whether is a trader (short-term/mid-term) or investor (long-term) willing to ride thru the correction.
(4) Risk/reward ratio, whether price is near all-time low with limited downside risk and losses or price near or at all-time high with perceived higher risk than reward.
jackjames ( Date: 19-Oct-2009 08:52) Posted:
| based on your chart, where is the stop-loss trigger point |
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AK
Congrates! Citi hit $5.00 last week huh! .
AK_Francis ( Date: 18-Oct-2009 23:49) Posted:
| Ha ha, as far as GIC dun say anything, AK will not clear Citi n F mae. No hurry, as AK bought Citi at 3.14 n Fmae at 0.85 USD. |
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Gold should be valued at around S$40 per gram now
niuyear ( Date: 16-Oct-2009 14:51) Posted:
Gold
When you're trying to identify how much gold you've got in a piece, you're going to follow the same guidelines as when checking silver, only this time you're looking for a 10K, 14K, or similar on the item. If you see certain letters after this value, such as EP, GEP, or P, it means that the item is gold plated and not solid.
Currently gold is at a high and valued at about $24 per gram, with predictions of rising again in the future. The price assumes you have a 24K piece though, so a little math is required to find the value of your ring/necklace/etc. To find the market value of your item, use the following equation:
Market Value = (karats / 24) x ($24) x (weight in grams)
In this case, a 10K gold ring weighing 3.0 grams would be worth: (10/24) x ($24) x (3.0) = $29.95. So for that ring you'd be looking at market value of about thirty bucks.
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Gold
When you're trying to identify how much gold you've got in a piece, you're going to follow the same guidelines as when checking silver, only this time you're looking for a 10K, 14K, or similar on the item. If you see certain letters after this value, such as EP, GEP, or P, it means that the item is gold plated and not solid.
Currently gold is at a high and valued at about $24 per gram, with predictions of rising again in the future. The price assumes you have a 24K piece though, so a little math is required to find the value of your ring/necklace/etc. To find the market value of your item, use the following equation:
Market Value = (karats / 24) x ($24) x (weight in grams)
In this case, a 10K gold ring weighing 3.0 grams would be worth: (10/24) x ($24) x (3.0) = $29.95. So for that ring you'd be looking at market value of about thirty bucks.
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Remove a tile from your own house then bury those gold bar underneath it. I think colour of gold will not get tarnished cos it is gold.... hahaha
Hulumas ( Date: 16-Oct-2009 14:25) Posted:
Back to basic........ ground keeping but beware it could run away deeper into the ground!!!
mario1 ( Date: 16-Oct-2009 12:17) Posted:
| i heard physical gold is the safest but got to find a place to keep it safe.. |
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I doubt an average american in US have much to save...their government using their tax payers trillion and trillion of money to pay to bail out the banks their government think is TOO BIG TO FALL, and the AIG, and trillions of debts at people's expense that led to more companies closure, more unmployment and pay-cutting. What can an average Joe do?
equitypassion ( Date: 15-Oct-2009 23:41) Posted:
15 Oct 2009
Forgive me if I am wrong :) Below is how i feel
STI has been running for quite sometime and he is getting tired. STI (presently 2712) is forcing himself to continue running because Dow Jone (presently 9999) is taking a cane chasing after him. ( It is like a parent taking a cane chasing after their naughty child ). If Dow slow down , STI will take opportunity to catch some Rest between STI 2400 to 2500. Be alert when investing at this moment of time. Cheap Stock has become expensive (eg Jiutian, I manage to purchase some at 0.035 but now it is 0.21 (I sold off my last piece at 0.18), I also manage to purchase China farm at 0.055 but now is 0.26 (I sold off my last piece at 0.21). I believe there are a lot of fund manager and investor who bought at high two years back are waiting to get out if something is not right.
As for Dow Jone index, lets hope it can stable and move forward at reasonable pace because unemployment rate is still high and recently it is often to come across news or comments that US citizens start to save. If US citizen start to "enjoy saving".....
Thanks for Reading :) Invest Happily :) God Bless U :)
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SIA is truly first class airline, enjoy being their PPS club member....:)
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I only buy this counter and not holding physical gold (not rich to buy gold bar, LOL).
Cheongwee,
I think you have not sold all your gold investments huh?
mario1 ( Date: 16-Oct-2009 11:59) Posted:
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which type of gold investment is the cheapest and hassel free? What about the ETF goldshare traded in SGX? |
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Instead of letting US$ depreciating daily, buy gold is another alternative.
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