Good job!!!

UPPPPPPPPPP UPPPPPPP WE GOOOOOO!!!

Btw, for those who missed out last night US's market: (made a biggg loss too =( ) highlight the important news

US Stocks Close Lower As Questions Swirl Over Impact Of QE2

NEW YORK (Dow Jones)--U.S. stocks fell Tuesday as investors became increasingly concerned about the potential impact of the Federal Reserve's stimulus plans announced last week.

The Dow Jones Industrial Average dropped 60.09 points, or 0.53%, to 11346.75. Bank of America was the measure's worst performer, off 2.6%. Despite its plans to sell 25% more shares of BlackRock than it intended, the banking giant at this point remains short of the amount of capital it is supposed to have raised by a year-end deadline.

The Nasdaq Composite lost 17.07, or 0.66%, to 2562.98. The Standard & Poor's 500-stock index shed 9.85, or 0.81%, to 1213.40.

The declines came on growing concerns about the potential effects of the Fed's plan to inject the economy with $600 billion in stimulus, dubbed by Wall Street as QE2. Global controversy has been mounting over the Fed's moves ahead of a Group of 20 summit meeting that begins Wednesday night in Seoul.

"There's a bit of concern about all the consequences, both intended and unintended, from launching QE2," said Tim Evnin, partner and equity portfolio manager at Evercore Wealth Management.

Given the questions over whether the stimulus will be effective, "there's just sort of some digestion or indigestion at this point trying to figure out where to go from here," Evnin said.

Ok yes, GenSp coming back

Nicely done!

I doubled my holding at 2.28 - when it was down to 2.23 i didnt dare to increase my exposure. So I am just glad it is climbing back up.

Just to share my opinion with you guys. I feel that regardless of the bad market sentiment we are experiencing, holding GSP can not go wrong. Q3 announcement is tomorrow and when it becomes cheap, people will quickly grab it. =) I still have a positive feeling over this.

Olam is not doing well though - but I believe it is short term.

Tags: Noble Group

WRITTEN BY DOW JONES & CO, INC

WEDNESDAY, 10 NOVEMBER 2010 11:06

Share this  Digg  Del.icio.us  StumbleUpon  Netscape  Yahoo  Technorati  Googlize this  Facebook Export PDF Print E-mail Noble Group (N21.SG) +1.4% at $2.16, bucking falls in other Singapore-listed commodity plays, on hopes earnings momentum will remain strong after 3Q10 results beat expectations.  CIMB, which has Outperform call with $2.45 target, tips higher commodity prices, acquisitions as catalysts for shares; adds, USD weakness “supportive of higher commodity prices” while continued low interest rates “supportive of earnings-accretive acquisitions.”    Nomura, which has Buy call with $2.52 target, expects strong growth momentum in supply chain manager’s energy, agriculture businesses to continue next year; “Noble should be a key beneficiary of an improving macro environment and a spike in cyclical commodity prices on the back of QE2.”    3Q10 earnings +19.0% on-year at US$157.2 million ($202.6 million) vs US$132.0 million tipped in Dow Jones poll on record US$14.9 billion revenue (+79.0%). Orderbook quotes suggest price unlikely to clear $2.20.

Wait till end of today, see whether to sell Noble or not.

Maybe can keep for few days more. 

Yes I did.

Which is why I put my stop-loss orders in a tight range.