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xoxoxo Member	03-Jul-2007 15:32        xoxoxo About Contact  Quote this Post!
x 0   x 0  Alert Admin	I just wonder why ZGL is so NEGATIVE abt GMG. If he do not hold any of this counter, then why is he so concern?????????? Can he show by chart to compare the rubber price and GMG????????Just Wonder????????????????????
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SilverFern Member	03-Jul-2007 15:12        SilverFern About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree with happyday.  I see it as "3/4 full" rather than "1/4 empty".... Cheers
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zhuge_liang Supreme	03-Jul-2007 13:45        zhuge_liang About Contact  Quote this Post!
x 1   x 0  Alert Admin	Really? It has fallen from its high of $0.21 to $0.185.
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happyday Member	03-Jul-2007 13:06        happyday About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just out of curiosity...all those posting of lower rubber futures dosen't really dampen GMG Global share price still within its high of 18.5-19.5cts...dare not short now as probably all weak players are out ..holding quite well at 18.5/19cts..but still many sellers....previous name of GMGGlobal(Electromagnetic)
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Nostradamus Supreme	03-Jul-2007 00:49        Nostradamus About Contact  Quote this Post!
x 1   x 0  Alert Admin	Rubber futures on TOCOM closed lower for 5 days in a row Monday. The benchmark, most distant Dec '07 contract finished at 246.6 yen per kg, down 5.0 yen from Friday. The benchmark contract fell for 5 weeks in a row to hit the lowest close in almost 5 months. TOCOM rubber remained bearish on the charts, with the key contract slumping below the long-term MA for the 2nd day in a row, which is its 200-day MA of 254.1 yen as of Friday's close. Traders say TOCOM rubber could now test this year's low of 235.8 yen set on Jan 8.
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zhuge_liang Supreme	30-Jun-2007 12:46        zhuge_liang About Contact  Quote this Post!
x 1   x 0  Alert Admin	Tokyo rubber futures are now down more than 15% from this year's high of 299.5 yen marked on Apr 17. Investment funds are now a major force in directing the market, and market participants say their role has grown even larger as the scale of the Tokyo rubber market has shrunk in terms of turnover and volume. Traders say TOCOM rubber could now test this year's low of 235.8 yen set on Jan. 8. A rubber trader based in Singapore said physical rubber prices were mostly lower in line with TOCOM, but supply tightness was providing some support. He said that although it was typically the season when supplies were relatively abundant, the recent uncertain weather in some producing areas meant that shipments were not as good as expected. The uncertainty was adding to the volatility in the Tokyo rubber market. Thailand, Malaysia and Indonesia together provide about 60% of the world's supply of rubber. The trader added that the Chinese were seeking prompt rubber supplies, but many were sidelined hoping for a fall in physical rubber prices after TOCOM's decline.
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Nostradamus Supreme	30-Jun-2007 00:18        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rubber futures on TOCOM generally lost ground Friday, pressured by renewed selling after a brief recovery. The most distant Dec '07 contract settled at 251.6 yen per kg, down 0.8 yen from Thursday. Rubber futures got off to a firm start after 3 days of decline. Prices moved up on repurchases amid fears of excessive declines. But selling became dominant later, pushing prices back into minus territory. In the afternoon, repositioning before the weekend was dominant in a directionless mood.
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zhuge_liang Supreme	29-Jun-2007 12:17        zhuge_liang About Contact  Quote this Post!
x 1   x 0  Alert Admin	Rubber futures in Tokyo, the global benchmark, fell to a five-month low as some analysts said Japanese investors were lured away from rubber by gains in precious metals. Gold for delivery in June 08 gained 0.9% to close at 2,580 yen (US$652 an ounce) on TOCOM. Traders were also selling rubber as the peak demand season has ended and there are no signs supplies may be restricted, said Kazuhiko Saito, a commodities strategist at Interes Capital Management in Tokyo. "The lack of fundamental factors to support rubber means traders are shifting their attention to precious metals and other commodities," Saito said yesterday by telephone. Rubber for December delivery dropped 1.6% to close at 252.4 yen a kg on TOCOM. It earlier fell to as low as 249.4 yen a kg, the lowest since Jan. 11 for the most-traded contract. September delivery rubber on the Shanghai Futures Exchange fell 100 yuan, or 0.6%, to 17,890 yuan a ton. It earlier fell as much as 3.8% to 17,305 yuan, the lowest since Dec 5 '06.
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zhuge_liang Supreme	29-Jun-2007 12:12        zhuge_liang About Contact  Quote this Post!
x 0   x 0  Alert Admin	A rubber trader based in Singapore said that although it was typically the season when supplies were relatively abundant, the recent uncertain weather in some producing areas meant that shipments were not as good as expected. Uncertain weather is supporting prices in the season when supplies were relatively abundant.
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Centaur Veteran	29-Jun-2007 12:06        Centaur About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yup, smart owners would have done that, but i suppose smart manufacturers would have stock up too unless these rubber sheets have a short expiry date
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Green8 Senior	29-Jun-2007 10:18        Green8 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Each year Nov-Jan  is dry season rubber trees will produce less latex. If the demand is high the price of rubber will go up. During dry season rubber tree leaves will drop and new leaves will grow and resulted less latex. Smart owners will stock up rubber sheets and sell at good price.
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Nostradamus Supreme	28-Jun-2007 23:32        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	The most distant TOCOM Dec '07 contract settled at 252.4 yen per kg, down 4 yen from Wednesday, after sinking to a new listing-to-date low of 249.4 yen. Both are below the 200-day MA at 253.8 yen. Bearish.
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Nostradamus Supreme	28-Jun-2007 10:31        Nostradamus About Contact  Quote this Post!
x 1   x 0  Alert Admin	Rubber futures in Tokyo, the global benchmark, fell to its lowest in three months on expectations supplies will exceed demand as the peak consumption season ends. Natural rubber contracts on TOCOM failed to rise to 300 yen a kg in the past two months, the high season for demand, signaling to some traders that the commodity has further to decline. "The top demand season has already passed, so supplies are starting to come up," said Tetsu Emori, chief commodities strategist at Mitsui Bussan Futures Ltd. in Tokyo. "The market looks like it's getting much weaker." Rubber for Decdelivery fell 3.1% to close at 256.4 yen a kilogram on TOCOM. It fell to as low as 256.2 yen a kilogram, matching the Mar 9 intraday low for the most-traded contract. Prices may drop to as low as 200 yen a kg by the end of Nov, Emori said. Sep delivery rubber on the Shanghai Futures Exchange fell to the lowest this year on a closing basis for a most-traded contract. It dropped 3.8% to close at 17,990 yuan a ton, the lowest since Dec. 7, 2006.
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happyday Member	28-Jun-2007 00:08        happyday About Contact  Quote this Post!
x 0   x 0  Alert Admin	Since mkt sentiment is bad.. I short 500 lot at 20.5cts on 26 june tue and cover by 5pm at 20cts...june 27 wed  I short  again 19.5cts early morning..500lots and cover by 5pm at 18.5cts...can I take risk again by shorting on june 28 if wall street drops again since short term GMG Global is unlikely to move up as suggested by fallng future rubber prices.....your expert advice plse..tks a million in advance
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Nostradamus Supreme	27-Jun-2007 23:27        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	I meant to say 260 yen support broken. More downside.
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Nostradamus Supreme	27-Jun-2007 23:21        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wise decision, terencefok. Rubber futures on TOCOM lost further ground Wednesday, as weakness in other commodities such as crude oil and metals dented market technicals further to induce heavy selling by investment funds. Falls in gold and energy prices weighed on rubber. Futures expanded losses toward the end of the session. Selling spread further in the afternoon amid the yen's climb against the dollar. The most distant Dec '07 contract closed at 256.4 yen per kg, down 8.1 yen from Tuesday, after falling to a new listing-to-date low of 256.2 yen. 260 yen resistance broken. More downside.
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zhuge_liang Supreme	26-Jun-2007 21:44        zhuge_liang About Contact  Quote this Post!
x 1   x 0  Alert Admin	Rubber futures on TOCOM fell back Tuesday, losing the late morning gains to renewed selling toward the close. The benchmark Nov '07 contract settled at 265.9 yen per kilogram, down one yen from Monday. "The market has been in a downtrend in the last month after hitting an extremely tough resistance at 300 yen," said Hiroyuki Kikukawa, associate director at Nihon Unicom Inc. Kikukawa said, however, the market will be reluctant to sell key rubber below a low of around 256 yen, reached in Mar, due to uncertainty about the outlook of supplies. "We are hearing that tapping in Thailand was delayed by heavy rain," Kikukawa said. "We have to see whether the market will receive enough shipments from Thailand in coming weeks." Traders said technical trend of TOCOM rubber stayed bearish as the key contract struggled below the 7-day MA of 267.5 yen and the 14-day MA of 268.6 yen. "Heavy sales would emerge once when the key contract breaks below 256 yen," Kikukawa said. The level would be important with the 200-day MA also seen at 253.8 yen, traders said.
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terencefok Master	26-Jun-2007 20:13        terencefok About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think Stochastics and Williams% also overbought. Sold yesterday at $0.20
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Nostradamus Supreme	26-Jun-2007 13:31        Nostradamus About Contact  Quote this Post!
x 1   x 0  Alert Admin	It has hit resistance at the upper band of the uptrend channel as shown in the figure below. From the RSI, it's also overbought. Falling as I predicted.
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Nostradamus Supreme	25-Jun-2007 20:41        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tokyo rubber futures bounce back on late buying. The benchmark, most distant Nov '07 contract closed at 266.9 yen per kg, up 2.4 yen from Friday. Investors worried about improving supplies in Thailand, while keeping an eye on movements in other markets for direction. "The market is clearly in a downtrend after last week's falls," said Takashi Ogura, manager of risk management at Kanetsu Asset Management. "Technical factors are now setting trends. The market is watching whether the benchmark rubber contract could keep 260 yen in the near term." The key contract slumped below the 7-day MA of 267.1 yen. It was also about 5.5% below the 100-day MA of 280.3 yen. "Sentiment for the market remains weak," Ogura said.
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