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Rally starting soon,
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andreytan
Veteran |
12-Sep-2011 22:37
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For those who are stuck and down 20 to 30%, be comforted, so long no new low and free fall from there. A rally is confirm. ignore those bear who do not like our bullish view. they have their right , we have ours. I believe you will see your money back, and hopefully some profit. but please take notice 2012 will be the year of great reckoning, sell to the coming rally. if not bear takover( currently not likely) then go short to recover your losses. |
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MasterNg9999
Senior |
12-Sep-2011 22:34
Yells: "Isnt Human center of the universe???" |
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x 0
x 0 Alert Admin |
Er... need to inform you .... Gold did soar to record level ..... not USD ... but in Euro .... Gold New Record High In Euros (€1,375/oz) On Greek Default And Eurozone Contagion RiskFrom GoldCore Gold New Record High in Euros (€1,375/oz) on Greek Default and Eurozone Contagion Risk Gold is marginally lower in most currencies and is trading at USD 1,836.60, EUR 1,350.90, GBP 1,158.90, JPY 141,320, AUD 1,779 and CHF 1,626 per ounce. Gold reached a new record nominal highs in Australian dollars, Swiss francs and euros this morning. Gold’s London AM fix this morning was USD 1,843.00, EUR 1,354.94, and GBP 1,164.10 per ounce. Friday’s AM fix was USD 1,879.50, EUR 1,359.39, and GBP 1,177.12 per ounce.  Cross Currency Table There has been a sharp increase in risk aversion with the euro and stocks internationally falling sharply due to concerns about the coming Greek default and the real risk of contagion in the Eurozone. The euro got off to a rocky start in Asia, falling to fresh six-month lows against the dollar and a 10 year low on the yen as downside momentum picked up after several key technical levels gave way recently. Gold could see weakness today due to dollar strength and the possibility of margin calls for leveraged players on the COMEX. However, bargain hunting bullion buyers are present at these price levels and gold is likely to be supported above $1,800/oz. While dollar strength would normally result in gold weakness it is very possible that both the dollar and gold could rise together in the short term. This would result in gold making sharper gains in pounds, Swiss francs, euros and other fiat currencies. France’s largest banks by market value, BNP Paribas SA, Societe Generale SA and Credit Agricole SA, may have their credit ratings cut by Moody’s Investors Service as soon as this week because of their Greek holdings. Officials in Merkel’s government are debating how to shore up German banks in the event that Greece defaults. Merkel is due to hold talks on the debt crisis with European Commission President Jose Manuel Barroso today. The risk of contagion in the Eurozone sovereign, banking and entire financial system is very real and will result in continuing safe haven demand.  Gold in Euros – 30 Day (Tick) Gold is being supported by broad based global gold demand. Demand dropped in the second quarter of this year compared with the second quarter of 2010, but is expected to strengthen by the end of 2011, driven by robust store of wealth jewellery buying in India and China and recovery in global investment demand, the World Gold Council said over the weekend. The real risk of a U.S. and wider global recession is prompting investors to buy gold as safe haven while Asian consumers continue to buy jewellery and increasingly gold bars as a store of value and inflation hedge. SILVER Gold’s unloved little brother silver continues to receive little or no media coverage which continues to be bullish from a contrarian perspective.  Silver Bullion in USD – 1 Year (Daily) Silver has been quietly consolidating for the last two months between $37/oz and $44/oz. A close above $44.25/oz could see silver quickly challenge the recent and 1980 record high at the $50/oz level. Longer term the real high (CPI inflation adjusted) of $130/oz remains a realistic price target. Silver at just under $42 per ounce continues to be more attractive to many investors relative to gold at about $1,850. At 44:1 the gold silver ratio continues to favour silver with many silver buyers conscious of the long term historical gold to silver ratio of 15 to1. Silver is also more attractive to many jewellery manufacturers and jewellers whose margins on gold jewelry are being badly squeezed. Jewellery makers at an international trade fair in London have said that silver is seeing greater use in jewellery as rising gold prices put off cash strapped consumers. High prices have practically squeezed gold out of the low and medium-priced segments of western jewellery markets, with other metals replacing gold for small gifts worth 100-300 euros, industry officials said. David Lamb, managing director for jewellery at the World Gold Council (WGC) said that " at the current prices of gold, that level of jewellery in gold has really disappeared." Ah Tan .. me think you no need to go bear lah.... you cannot be bear .... like a leopard cannot change spot .... even if you bear .. also fake bear ..lolx .... me think there are some newbie who can learn from you ... but not all newbie can be like you market is very very big like when a forest become big , all kind of birds also got .... hahahah Cheer |
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warrenbegger
Elite |
12-Sep-2011 22:33
Yells: "Anyhow Buy Anyhow Die ^_^" |
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I wish your roti prata system works for U :) Cheers and wellcome back to this siao market :) Dont keep looking at the left, and dont try looking too far to the right, look deeper around the center is enough :)
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andreytan
Veteran |
12-Sep-2011 22:27
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Gold tonite shd be soaring becos of safe haven status, right?? but it did not. that is why it is better to buy stock, beocs in gold it drop fast and big. can drop 2 to 3 hundred dollar. but if up you make little.. a few tens of dollar,,not worth it. buy stock is more profitable.. i believe if chart from my susbription newletter is right, you can buy gold at 1600 if not then 1250...buy then at 1600 to 1250. also not late... but long term tg px for gold is 3000!!!! and they recommend silver. I think so, but this is risky, I dont suggest, but i post anyway to share, your discreet decision. trough not break, no bear.. can those bear tell me why shd i be bearish and join them? we dont argue, if your reasons is good, i will consider to be a bear. |
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MasterNg9999
Senior |
12-Sep-2011 22:24
Yells: "Isnt Human center of the universe???" |
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BUY BUY BUY!!!!!!! must follow Ah Tan all the way to hell ..... NEWBIE!!!!!! INCOMING GIANT RALLY TO THE MOON!!!!!! CONFIRM WILL EXPLODE INTO A GIANT FIREWORK!!!!! HWAAAAA AHHHHH!!!!!!! Cheer |
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andreytan
Veteran |
12-Sep-2011 22:18
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You may wonder why oil is holding up and gold a safe haven went down, What is happening??? gold down i think is that BB cover their losses last wk by selling what esles...gold!! the only thing that hold up. To really ascertain stock, you just observe px of oil. Oil is always an leading indicater of stock rally. look for il to go abv 90 to 92 for stock to rally. |
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andreytan
Veteran |
12-Sep-2011 22:07
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Why am i not bearish till now is that , it have yet to reach turn window and have yet to break new low. 1070 to 1030 S& P..but head and shoulder formation is worrying and also i give it an error of some 2%..so till then i will still buy on dip..decision is yours. no worry, till then , i will let you know..if by turn date, it break trough , there is a lot of money to be make by shorting. good luck. |
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andreytan
Veteran |
12-Sep-2011 22:03
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x 0
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ignore all noise. if only break trough at S& P 1070 to 1030 and go free fall, I think by then your stop will have trigger,the 12 to 14% that is bad, then we will turn bear and join those bear here to short..right now dow look turn up but not be happy. look ahed shoulder formation..look bad,  if it break trough at turn window and go free fall, go short .i will tell you when reach there. till then till buy on dip.. today bought Genting at 1.63 5 lots,,and another 2 counters. |
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warrenbegger
Elite |
12-Sep-2011 21:53
Yells: "Anyhow Buy Anyhow Die ^_^" |
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x 0 Alert Admin |
Lucky genting gap down today, no chance to short. If not i naked naked close eyes anyhow run also win. If U betting on 20 sep Botak Ben strip show or pole dance performance, what if he didnt strip? Then all will be very disappointed liao. For high risk more reward play, maybe buy some before 16 sep. If Ben didnt strip and even no sexy pole dance, see who will carry bomb liao. For less risk less reward play but will be a almost sure win bet on super rally as U said. Buy after Ben Strip naked also not too late, is the safest bet if really rally. But as all market know, QE1 and QE2 fail. What they will think about QE3? Really can bull so much? I dare not bet that much VS a tons of market disorder illness.
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iPunter
Supreme |
12-Sep-2011 21:20
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He thinks he knows the market's direction... Actually he is also betting... lol... 
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warrenbegger
Elite |
12-Sep-2011 21:15
Yells: "Anyhow Buy Anyhow Die ^_^" |
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x 0
x 0 Alert Admin |
This is the right way! Not that drunken buy on dip and climb to what rubbish 1.87 during bad market. Siao...
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warrenbegger
Elite |
12-Sep-2011 21:08
Yells: "Anyhow Buy Anyhow Die ^_^" |
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x 0
x 0 Alert Admin |
Wa! U twist all my words ah? All U said one become i said one??? You drunk liao? I dont wish to waste time kissing back. Just 3 word. U Drunk Liao!
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JUNWEI9756
Supreme |
12-Sep-2011 20:33
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lai lai where is andreytan.. loll dow future 250 points... do u think sti will turn green tmr ?? do u think ur recommendation to buy gen sp @ 1.63 is good and will be the lowest ?? |
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iPunter
Supreme |
12-Sep-2011 19:29
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First and foremost, you must know why you bought @1.03. Preferably, buying should be done at a technical reference point. But since today it has made a low @ .99, I suppose you will need to wait for it to go below .965 before you cut loss. Otherwise, if it still holds well, just stick with it for a month or so. But the outcome will depend on the major trend...
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timewatch
Senior |
12-Sep-2011 19:15
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hello ipunter and andreytan, i bought cosco corp for 1.03 what are your opinion on this counter, any possiblity it might move up.thanks | ||||
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rotijai
Supreme |
12-Sep-2011 19:14
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master ipunter is right.. and this is life.. wat to do ? :) as long as u dont gamble away urself n ur family.. bet according to ur means.. i think it should be still fine
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iPunter
Supreme |
12-Sep-2011 19:07
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x 0
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Hahaha... sifu is spot on... Many newbies sure have learned the hard way these few days... lol...
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MasterNg9999
Senior |
12-Sep-2011 19:01
Yells: "Isnt Human center of the universe???" |
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x 0
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yah .... agreed ..... must follow your call go BUY BUY BUY!!!! got SUPER RALLY .... then me think newbie will really learn and thank you ..... Cheer
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iPunter
Supreme |
12-Sep-2011 18:40
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Newbies want to play stocks for one and only one reason - they want to make money. Many want to become rich with stocks. But unfortunately, that is not the way things are in the scheme of things. Money is made only in business, and perhaps striking big in a lottery. To play stocks in the hope of earning an income or becoming rich is definitely not a practical proposition. Neither is it useful to watch othe people betting on stocks, or for that matter any other speculative medium eg. forex, commodities ...
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steadylar
Veteran |
12-Sep-2011 18:23
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x 0
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From my newbie point of view, not knowing when to buy, what price to buy, when to sell, are the challenges newbies face. The best now is to stay out until things over at EU and US are clearer. We hv limited bullets, better hold more cash, dun take unnec risks. Join ipunter sifu drink coffee at starbucks and watch the show sounds like a good idea |
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