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STOCK MARKET ARMAGEDDON
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engineer
Member |
09-Feb-2018 06:34
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Supposed ew applies, wave4 will be dead cat bounce & w5 will be huge downward spiral?
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Luzern
Supreme |
09-Feb-2018 06:22
Yells: "9" |
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x 0
x 0 Alert Admin |
$3 is a good price for Singtel.
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Luzern
Supreme |
09-Feb-2018 06:21
Yells: "9" |
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x 0
x 0 Alert Admin |
Right not?
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Goldfinger
Supreme |
09-Feb-2018 06:20
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I am salivating over what I hope to buy today - SingTel at $3 :)
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Luzern
Supreme |
09-Feb-2018 06:18
Yells: "9" |
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Wave 3 down finally come. based on EW theory, we are not done with W3 yet..... i expect dow to test the 22,500 support if bond rates hols or increase some more.
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Luzern
Supreme |
09-Feb-2018 06:15
Yells: "9" |
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yes. no prize for guessing what my positions are. hehe.
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famouspinky
Supreme |
09-Feb-2018 06:12
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Ooh..busy with trading.
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onionknight
Veteran |
08-Feb-2018 17:55
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of course it doesn' t photosynthesize, did you not see the question mark at the end of the sentence?
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Luzern
Supreme |
08-Feb-2018 15:54
Yells: "9" |
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Paiseh really cannot resist but to reply this.......  the Market dun do photosynthesis, it creates Wealth. ![]()
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Luzern
Supreme |
08-Feb-2018 15:33
Yells: "9" |
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x 0
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Ouch! ![]()
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onionknight
Veteran |
08-Feb-2018 15:31
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Are you fueling yourself from breakfast and lunch and whatever fats you accumulated previously, or the dinner you plan to have later? Which direction should the market look forward to without the past trade numbers to serve as a reference point? without the previous trades, what can drive the market forward? or the market can do photosynthesis? 
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onionknight
Veteran |
08-Feb-2018 15:22
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yeah when there is a rose and a pile of shit on the side of the road, some people see the shit some people see the rose and some actually has the intelectual capability to notice both. I believe you belong to the first category.
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Luzern
Supreme |
08-Feb-2018 15:21
Yells: "9" |
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Bro, don' t try to catch me off guard. ![]()
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onionknight
Veteran |
08-Feb-2018 15:20
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Funny you talk about " forward looking" but still quote china as export dependent economy.. they made it VERY CLEAR long ago that their long term goal is to transform from export dependent to consumer oriented economy. trade number in JAN is literally history yes but the stock market in feb is ready to throw it out of the window? and you need to come up with more impactful news... those news you quoted sounds like articles used to fill columns its so weak its almost pathetic to read.
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Luzern
Supreme |
08-Feb-2018 15:19
Yells: "9" |
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I was busy with ahem....' working (trading)"   .   And there you have it,  " one see what one wants to see........  " |
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KAMAL0883
Supreme |
08-Feb-2018 15:17
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Bro, tot you said you CLOSED and going for CNY how come you are still here ?  ![]()
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onionknight
Veteran |
08-Feb-2018 15:11
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1) china always put a firm grip on yuan when the economy is bad in order to sustain higher export level. so if it is loosening the grip, to me it is a sign of greater self confidence, as well as greater confidence in the outlook. 2) the tariff imposed by US on washing machine and solar cell actually hurts korea more than china. and of all the products US exports to china, china chose sorghum to pick on - merely to make a statement and the intention is not really retaliating (just initiating an investigation and no action taken yet). Unless china impose tariff on iphones, then yeah it will become a tradewar. no wonder you went uncharacteristically quiet for a while, IMO these two articles are not substantial enough to mean anything. but kudos on the effort.
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Luzern
Supreme |
08-Feb-2018 15:01
Yells: "9" |
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The Stock markets are forward looking.    The trade numbers are " history" whereas the news I quoted are on going...... which news do you think the market will be more affected by? | ||||
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Luzern
Supreme |
08-Feb-2018 14:57
Yells: "9" |
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Here' s a piece of news that is not so positive for the China Export dependent Economy. Here&rsquo s the latest sign that China is loosening its grip on the yuan. https://www.marketwatch.com/story/heres-the-latest-sign-that-china-is-loosening-its-grip-on-the-yuan-2018-02-07 And another piece of news that is worring for both China and US. China&rsquo s latest trade maneuver is worrying. Here&rsquo s the story. https://www.washingtonpost.com/news/monkey-cage/wp/2018/02/06/chinas-latest-trade-maneuver-is-worrying-heres-the-story/?utm_term=.3b6f4da7b612 Asfor the import and Export numbers, generally an increase is good.  However, it might be wise to have a breakdown of what are the exports and especially the imports.  are the Capital goods, raw materials or luxuries?  It makes a difference.   |
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onionknight
Veteran |
08-Feb-2018 14:09
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Is this good enough for making you ' want to see' ?   BEIJING--China reported double-digit growth in both exports and imports in January, reflecting robust demand at home and abroad, although the timing of the Lunar New Year holiday was likely a factor in the increases.  
Exports extended gains for an 11th straight month, while imports by the world' s biggest commodity buyer showed a strong rebound in growth, pointing to continued resilience in China' s economy. Exports rose 11.1% in January from a year earlier, following growth of 10.9% in December, the General Administration of Customs said Thursday. A Wall Street Journal poll of economists had forecast the value of shipments overseas to grow 10.2%. Imports in January surged 36.9% from a year earlier, compared with a 4.5% gain in December. The rise was much larger than the poll' s forecast for a 9.2% gain. China' s trade surplus narrowed in January to $20.34 billion from $54.69 billion the previous month, falling short of a median forecast for a $56.4 billion surplus. The timing of the Lunar New Year, which fell in January last year but will be in February this year, typically distorts the data in the first two months of the year. Ahead of the release, economists expected export growth to be supported by the larger number of working days this January compared with the previous year.
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