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Correction long overdue is coming, The worst may not come yet😁 😁 😁 .
Market response to rate hike tonight is key.
Sgx market is fragile more than you think once U.S. Market move into correction
chendo122 ( Date: 15-Mar-2017 09:31) Posted:
what is your take for now ? could it be an opportunity for buying ? any stock in particular .... to take a look
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what is your take for now ? could it be an opportunity for buying ? any stock in particular .... to take a look
Correction long overdue started in hkse and sgx. In fact since last week, it already like that, just this week, they bring banks down, then STi turn red red.
market sentiment is weak.... all selling :P
? U.S. Already told you how from 2009 till today.
famouspinky ( Date: 15-Mar-2017 00:05) Posted:
What if people hav no money to put into bank + no money in the stock market+ every thg loans ..how argh? Wahahaha
earlybird14 ( Date: 14-Mar-2017 22:40) Posted:
Old lady see too much money in stock market rather in bank, so she worry stock bubble burst then she has to print money again.
So raise rate to draw some money out from stock market and put into bank😁 😁 😁 |
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What if people hav no money to put into bank + no money in the stock market+ every thg loans ..how argh? Wahahaha
earlybird14 ( Date: 14-Mar-2017 22:40) Posted:
Old lady see too much money in stock market rather in bank, so she worry stock bubble burst then she has to print money again.
So raise rate to draw some money out from stock market and put into bank😁 😁 😁
famouspinky ( Date: 14-Mar-2017 22:31) Posted:
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Old lady see too much money in stock market rather in bank, so she worry stock bubble burst then she has to print money again.
So raise rate to draw some money out from stock market and put into bank😁 😁 😁
famouspinky ( Date: 14-Mar-2017 22:31) Posted:
Hike + more Hikes
earlybird14 ( Date: 14-Mar-2017 22:26) Posted:
U.S. Market turn red as expected 1 day before rate hike.
So hike or no hike? |
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Hike + more Hikes
earlybird14 ( Date: 14-Mar-2017 22:26) Posted:
U.S. Market turn red as expected 1 day before rate hike.
So hike or no hike? |
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U.S. Market turn red as expected 1 day before rate hike.
So hike or no hike?
Same goes for life*s commodities. Pressing pxs for mkt share after tt no more demand for what. Customers will not appreciate low pxs.
earlybird14 ( Date: 14-Mar-2017 21:25) Posted:
Want to sell 31 million barrels at 55 dollars or want to sell 32 million barrel at 30 dollars or want to sell 29millloon barrel at 70 dollars?
All these opec members got no brain.😂 😂 😂 for the market share? Those want to sell cheap price let them sell, I would rather sell at higher price with less volume then sell even higher price in the future.
earlybird14 ( Date: 14-Mar-2017 20:12) Posted:
http://www.cnbc.com/2017/03/14/opecs-oil-production-ticks-down-in-february-as-saudis-cut-output-more-deeply.html
32.1 cut till 31.96. Is it a joke?😂 😂 |
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Oil Tumbles After Saudis Report Big Jump In Production Kuwait Warns Of Drop To $45
Just as WTI was trying to record its first increase in 6 days, the latest, March,
OPEC monthly report was released which revealed something surprising: while secondary sources claimed that Saudi Arabia production declined by 68kbpd to 9.797mmbpd, according to Saudi' s own numbers, the kingdom ramped up production in February by a whopping 263kpb, back over 10 million barrels per day.
While the Saudi surge was a surprise, the kingdom contained itself to producing within its permitted quota, which as per the Vienna agreement is at 10.058mmbpd.
Perhaps just as concerning is that as a result of the vast gap between the self-reported Saudi production, and the far lower secondary sourced one, the official OPEC production number is now quite suspect: according to the cartel, in February, total production declined by 140kbpd to 31.958mmpd, however thwas number is driven by a Saudi number that is over 200kbps below the one reported by Saudi Arabia itself, and as such one can argue that in February total OPEC production actually rose if using primary source data.
Finally, the straw that broke the oil rebound' s back came from Kuwait' s oil minister, Issam Almarzooq, who said at the same time as the OPEc report was released that oil risks dropping to $45/barrel as a result of rising shale production, as well as other factors.
The result: WTI has tumbled following the OPEC report and Kuwait statement.
Erasing the entire OPEC production cut surge.
Want to sell 31 million barrels at 55 dollars or want to sell 32 million barrel at 30 dollars or want to sell 29millloon barrel at 70 dollars?
All these opec members got no brain.😂 😂 😂 for the market share? Those want to sell cheap price let them sell, I would rather sell at higher price with less volume then sell even higher price in the future.
earlybird14 ( Date: 14-Mar-2017 20:12) Posted:
http://www.cnbc.com/2017/03/14/opecs-oil-production-ticks-down-in-february-as-saudis-cut-output-more-deeply.html
32.1 cut till 31.96. Is it a joke?😂 😂
earlybird14 ( Date: 14-Mar-2017 20:10) Posted:
| Oil price break 48 with disappointing opec report. |
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Demand is slowing
Supply never cut due to US shale production
Then EV is taking over :) lol
http://www.cnbc.com/2017/03/14/opecs-oil-production-ticks-down-in-february-as-saudis-cut-output-more-deeply.html
32.1 cut till 31.96. Is it a joke?😂 😂
earlybird14 ( Date: 14-Mar-2017 20:10) Posted:
| Oil price break 48 with disappointing opec report. |
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Oil price break 48 with disappointing opec report.
HPH trust cannot buy, I am using CFD and CPF. Check Sunngingdale...
earlybird14 ( Date: 14-Mar-2017 10:17) Posted:
You should follow me to buy hph trust at 38.5. You can see how stable uptrend can be from a low support level. Now 40-40.5
earlybird14 ( Date: 14-Mar-2017 10:14) Posted:
Technically month upper bollinger resistance are strong and stubborn. Strong accumulation shall be happen at lower price for weeks and go up to attack tend to break.
Like that range bound 9.42-9.65 no matter how many time I see still a distribution at resistance pattern.
I may be wrong lah. But if you see 9.55 again, must be very alert |
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You should follow me to buy hph trust at 38.5. You can see how stable uptrend can be from a low support level. Now 40-40.5
earlybird14 ( Date: 14-Mar-2017 10:14) Posted:
Technically month upper bollinger resistance are strong and stubborn. Strong accumulation shall be happen at lower price for weeks and go up to attack tend to break.
Like that range bound 9.42-9.65 no matter how many time I see still a distribution at resistance pattern.
I may be wrong lah. But if you see 9.55 again, must be very alert.
davidoch ( Date: 14-Mar-2017 10:10) Posted:
Bird,
don' t like that leh..I need to make some money form this counter....if u think technically will come down probably afetr Fed hike?
Look at Sunningdale Tech, going up..undertsood they got apple contract (Just not sure?)
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Technically month upper bollinger resistance are strong and stubborn. Strong accumulation shall be happen at lower price for weeks and go up to attack tend to break.
Like that range bound 9.42-9.65 no matter how many time I see still a distribution at resistance pattern.
I may be wrong lah. But if you see 9.55 again, must be very alert.
davidoch ( Date: 14-Mar-2017 10:10) Posted:
Bird,
don' t like that leh..I need to make some money form this counter....if u think technically will come down probably afetr Fed hike?
Look at Sunningdale Tech, going up..undertsood they got apple contract (Just not sure?)
earlybird14 ( Date: 14-Mar-2017 10:08) Posted:
Same leh. 9.65 resistance.
Come down and go up to retest. Still fail come down Loh, break go up.
But I still think it will go down😁 😁 😁 |
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Bird,
don' t like that leh..I need to make some money form this counter....if u think technically will come down probably afetr Fed hike?
Look at Sunningdale Tech, going up..undertsood they got apple contract (Just not sure?)
earlybird14 ( Date: 14-Mar-2017 10:08) Posted:
Same leh. 9.65 resistance.
Come down and go up to retest. Still fail come down Loh, break go up.
But I still think it will go down😁 😁 😁
davidoch ( Date: 14-Mar-2017 09:55) Posted:
Bird TT
OCBC runing with news out on 16 Mar or continue, technical view? Yesterday forgot to short Keppel.....
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Same leh. 9.65 resistance.
Come down and go up to retest. Still fail come down Loh, break go up.
But I still think it will go down😁 😁 😁
davidoch ( Date: 14-Mar-2017 09:55) Posted:
Bird TT
OCBC runing with news out on 16 Mar or continue, technical view? Yesterday forgot to short Keppel.....
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