Archive for September, 2008

Hari Raya Puasa 20081001

Hari Raya Puasa 20081001
Hari Raya Aidilfitri falls on 1 October. As the local Muslim community prepares for the end of Ramadan, a month of abstinence, contemplation and worship

Have a great holiday tomorrow  :-)

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Jesse Livermore: though they have brains, they cannot sit tight

Jesse Livermore:
The market does not beat them.
They beat themselves,
because though they have brains, they cannot sit tight.

dedicated to buddy Leon

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wilmar 20080930 intra. Lucky sell

wilmar dc251 dh251 dl236 do230
20080930 5min

Lucky sell at DH for intra long  :-)

Always Wilmar or straitsAsia?
What exactly are on my watchlist?
As my eyes are small, my list is simple:
* sgx
* ocbc
* capland
* singTel
* straitsAsia, noble
* wilmar, olam, indoAgri, golden, firstRes
* cosco, stx
Focus :-)

sms
To:
Date:
30/9 8:57 AM
Bros, typhoon!
Dow 10365 -777 -6.9%
Oil 96 -10.5 -9.8%
Coal 298 -58 -16.3%
Nik 11197 -546 -4.6%
4super brave hearted, long open or 1005. C dowFut. 4me, c show.

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sti hsi sse nikkei 20080930 eod. Trade on futures

20080930 eod

Index Last Change % High Low Time
STI 2358.91 -2.43 -0.1% 2371.31 2239.75 17:10:04
Hang seng 18016.21 135.53 0.76% 18029.77 16799.29 16:10:33
Nikkei 225 11259.86 -483.75 -4.12% 11565.70 11160.83 15:00:45
SSE 国庆节休市

STI: DH vs DL 132
HSI: DH vs DL 1230
index sync. See how headless STI “sync” HSI?

20080924: “sti hsi sse nikkei 20080924 eod. Trade on news
20080926: “sti hsi sse nikkei 20080926. Trade on news, AGAIN
20080930: A classical day of trade on furtures
Dow Futures: From +slightly before STI opened, to +200 when STI closed

By Steve Goldstein
Last update: 4:14 a.m. EDT Sept. 30, 2008
LONDON (MarketWatch) — U.S. stock futures indicated a partial recovery on Tuesday after the Dow Jones Industrial Average on Monday suffered its worst point drop in a single day of 777 points, following the House of Representatives’ rejection of a bill for the Treasury to buy $700 billion of troubled assets. Shortly after 4 a.m. Eastern, S&P 500 futures rose 32.5 points to 1,151.30, Nasdaq 100 futures added 32.5 points to 1,544.50 and Dow industrial futures rose 230 points. End of Story

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dow 20080929 eod. -777 dowN history

20080929 eod

Index Last Change % High Low Time
Dow 10365.45 -777.68 -6.98% 11139.94 10365.45 16:14:57
NASDAQ 1983.73 -199.61 -9.14% 2152.69 1983.73 16:00:32
S&P 500 1106.42 -106.85 -8.81% 1209.07 1106.42 16:23:08

Another day of record market losses

By Nick Godt, MarketWatch
Last update: 6:30 p.m. EDT Sept. 29, 2008
NEW YORK (MarketWatch) — If further proof was needed that Wall Street doesn’t appreciate uncertainty, Monday’s market reaction to the U.S. House of Representatives turning down the government’s $700 billion financial bailout plan should settle the matter.

The Dow Jones Industrial Average plunged 777 points. That was the worst point drop in the blue-chip index’s history, topping its 684-point slide on Sept. 17, 2001, the day the stock market reopened after the terror attacks on New York and Washington.

The Dow settled at 10,365, its lowest close since Oct. 27, 2005. It has now dropped 3,799 points, or 26.8%, from its record close of 14,164 on Oct. 9, 2007.

The S&P 500 Index fell 106 points, or 8.8%, its largest percentage drop since Oct. 26, 1987. That translated to more than a $700 billion loss for equities in the broad index, noted Howard Silverblatt, senior index analyst at Standard & Poor’s.

The Nasdaq Composite Index plunged 199 points, or 9.1%, the third-worst percentage drop on record for the technology-laden index.

Crude prices fell $10.52, or 9.8%, to close at $96.37, marking crude’s second-largest one-day drop in dollar terms on the New York Mercantile Exchange.

The volatility index, otherwise known as the market’s fear gauge, jumped to 46.72 — its highest close since the crash of October 1987.

Gold, which closed before the results of the vote on the bailout plan, rose $5.90, or 0.7%, to close at $894.40 an ounce on the Comex division of the New York Mercantile Exchange. In electronic trading, it surged $16.

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wilmar 20080929 intra. Still short, still down.

notebook wifi prob, couldnt post last nite.

==========
wilmar 20080929 intra. Still short, still down.

A bro ask “why no STI & stock daily chart for sometime?”
Reason: i’ve been doing intra for past month, and 80% of trades are short.
Thus, i rely on:
(1) dow the previous night
(2) dow future before STI open & during STI trades
(3) nikkei & asx before STI open & during STI trades
(4) sector (coal, palm oil) before STI open & during STI trades

sms
To:
Date:
29/9 8:16 AM
Bros, dow +121 +1.1%. But dowFut fr+52 to+2 to-7. B careful on long. Short, may not dive like las Fri. Remem2take clue fr dowFut, Nik n hsiFut 855am.

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sti hsi nikkei 20080929 eod. Domino

notebook wifi prob, couldnt post last nite.

==========
20080929 eod

Index Last Change % High Low Time
STI 2361.34 -50.12 -2.08% 2449.20 2347.49 17:10:04
Hang seng 17880.68 -801.41 -4.29% 18742.25 17796.34 16:10:33
Nikkei 225 11743.61 -149.55 -1.26% 12062.67 11721.05 15:00:43
SSE close

STI: HSI: Nik:

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Top U.S. policy makers say $700 bln rescue reached

By MarketWatch
Last update: 5:07 a.m. EDT Sept. 28, 2008
TEL AVIV (MarketWatch) — U.S. policy makers, working through Saturday night into Sunday, said they’d outlined a plan to rescue the financial system but needed to put it on paper before saying that they had a final deal, The Wall Street Journal reported Sunday.
Treasury Secretary Henry Paulson, House Speaker Nancy Pelosi, and Senate Majority Leader Harry Reid stood with top negotiators to announce the tentative accord on a $700 billion plan to have the Treasury purchase bad assets, the Journal reported.
Under the plan, the Treasury Department would buy distressed mortgage-backed securities and other bad debts held by banks and other investors. The funds would help lenders make loans and keep credit lines open, the Journal reported. The government would then sell the securities at the best price it could get.
The plan, announced after midnight U.S. Eastern Time Sunday and probably to be made official later Sunday, is likely to limit executive compensation for some companies and to give the U.S. government authority to take equity in companies that sell bad assets under the plan, the Journal reported.
Sen. Reid said that an idea from Rep. Pelosi broke a negotiating deadlock, the Journal reported. She and other negotiators agreed on provisions that would enable the federal government to recoup money for taxpayers if the asset-purchase program wasn’t making money after a certain period.
One proposal that both conservative House Democrats and Senate Democrats have floated is to create a deposit-insurance fund similar to the one operated by the Federal Deposit Insurance Corp. for bank accounts, the Journal reported.
A Senate aide told the paper that provisions were under discussion to address such concerns, mainly by assessing fees on a wide group of financial institutions to create a privately funded rescue fund to pay for any future and current bailouts. End of Story

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Singapore F1 20080927 qualifying session

We (CJ, Alwin, Vic, AndrewTay, Teck, BanLoo, Poh, Kasim, Gerald, Mike) had good vrooommm time at F1.
For some of us, it was fun time from 2pm to 12am. Wahaha..

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Singapore F1 20080926 world’s 1st F1 night race

Never been a F1 lover, but, always nice to experience something new :-)

Our work pass. Thanks, Vic! :-)

20080926: practice session


20080927: qualifying
vrooommm.. See you guys later :-)

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