MBSB the old fav.... still thundering along.

So they  used a ISIN (http://www.isin.org) ISO standardisation for securities code, which was the "best thing". Now they have some project to change the name. Why change? God knows.

Culmination of the cpo "bear trend for the next 2 years". The problem with traders is that their ego causes them to make such pronouncements plucked out f thin air. Really "driving chicken" traders.

AUD, on the breakout on the 60 min...

Jun July 13 spread for cpo. Shows how illiquid the 'market' is And someone or some client lost their pants....
No wonder the attrition rate is such that 80% of customers lose all their account $ and 50% of those who join as Local lose their account. This is the reality, don't believe the marketing hype.

FITTERS, a propulsion play...

During the past couple of weeks, the traders were trying to short the market based on a pronouncement by a supposedly 'good trader'. "The cpo will be in a bear trend for the next two years."

We failed to see how this sort of statement (whic by its risk parameters) would put any 'short' position at biger risk any normal speculator can tolerate, can be relied upon as an objective signal to trade off of.

"Those who know don't talk, those who talk don't know"

"Men who can be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a market operator has firmly grasped this that he can make big money. It is literally true that millions comes easier to a trader after he learns how to trade, than hundreds did in the days of his ignorance."

Jesse Livermore

4 hr FCPO

ESPNFC: Soccer Dortmund lose, but gain friends

http://m.espn.go.com/soccer/story?storyId=1460216

Japan’s Plunge, By the Numbers - Wall Street Journal - WSJ.com

http://stream.wsj.com/story/latest-headlines/SS-2-63399/SS-2-239040/

A broker asked me about the crash of the Nikkei 225 of over 7% today. Basically traders/brokers the majority of them are short sighted, only focussing on the short term hacking away and slaving away for the exchange to look good with volume, hence are unable to make the big bucks.

 

The investors with the solid cash are the ones who will get richer while the short term focus will mire the majority of get rich quick traders into slaving the whole day for exchange KPI. Just like the solid businesses with the cash flow will get richer while the 'apong' businessmen 9 out of 10 will tapau.

I guess this is what the 'supposedly good trader' means by 'bear trend for cpo for the next 2 years'.

http://www.btimes.com.my/Current_News/BTIMES/articles/22IMKL/Article/

Fwd:

30 min fcpo. I guess this is what is called "we will be in bear trend for the next 2 years".(from a supposed 'good trader in cpo')

The speculators are lamenting the fact that their IPO application for Matrix Concepts failed. The reality is that you can create your own IPO, use a calculated risk approach rather than rely on gambling luck, case in point UOADEV.

Stick to the game plan. Whatever what guru/sifu/greatLocaltrader says is irrelevant bullshit...

Dow, S&P end at records on Fed officials' reassurance - Yahoo! Finance

http://finance.yahoo.com/news/stock-futures-little-changed-market-115446478.html

The next phase of the bull market, blue chips surging again...

One of the Locals came in today. Sounded like he was still sick. Apparently he was sick from Sunday. That is the stupidity of the quota to qualify for the rebates in trading fee. Sick also you have to turn up, just like being a slave, just to meet the quota, cannot miss one day even you are sick. Whoever at the Exchange thought this up is damn *&^%*&...

Righ now the masses are turning 'bullish' looking to trade in and out, making the quick killing, switching to the next 'hot stock'. This is the apong approach to trading the stock market, most likely for those 'without much capital'.

 

POS Malaysia is an example of the virtue of value investing, putting capital to work, which is the alternative to the 'apong' approach. It is the same in business, there are those solid businesses with the capital and cashflow for steady profits, while the majority are the 'apong' businesses...

UOADEV going parabolic...

Property, the market leader.

Iskandar ditto

Oil and Gas, ditto.

In this world we should not have biases. One guy told me once, "I don't invest in GLCs, managed by "those people""

 

If you are racist then you wouldn't have been in any of these stocks. Racism is the scourge of humanity, only vermin espouse racist comments.

 

“Star Trek was an attempt to say that humanity will reach maturity and wisdom on the day that it begins not just to tolerate, but take a special delight in differences in ideas and differences in life forms. […] If we cannot learn to actually enjoy those small differences, to take a positive delight in those small differences between our own kind, here on this planet, then we do not deserve to go out into space and meet the diversity that is almost certainly out there.”
― Gene Roddenberry

http://fkli.blogspot.com/2012/04/who-would-be-full-time-trader.html

 

The story of this self proclaimed 'future king' continues...

After making a market comeback, he bought the Mercedes Benz E250. Now he has gotten rid of the car, claiming that there were problems with the engine najubg kiyd biuses, Nercedes Bebz car rekuabukuty that bad meh?

 

It's back to the good ol Proton Inspira ... I guess things not going too good with the market.

Palm oil set for second weekly gain | i3investor.com

I overheard a supposed "good trader" tell another that "palm is in a bear trend for two years" That is how traders forms biases that potentially damaging to the traders' mindset. Pretty soon statements like the following comes out "It's supposed to be bearish la. How come the prices are up?"

http://klse.i3investor.com/servlets/fdnews/216503.jsp

New Cabinet good, could have been better | The Malay Mail

Now PM Najib need to push forward with reforms to redress the rakyat's desire for a true 1Malaysia that transcend race, religion and creed. Then he will truly be the greatest PM in history.

http://www.mmail.com.my/story/new-cabinet-good-could-have-been-better-56278