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Events this month
Poll
Question:
Will the market sustain this rally
(Voting closed: August 24, 2008, 02:18:49 PM)
Yes
1 (20%)
No
2 (40%)
Rally, What Rally?
2 (40%)
Total Voters: 5
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Topic: Events this month (Read 2333 times)
YouInvest-malaysia
Newbie
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Posts: 5
YouInvest - Malaysian Investing Made Easy
Events this month
«
on:
August 04, 2008, 02:18:49 PM »
Hi guys any ideas of what the market is going to be like for the next 2 weeks.
Big events this month
1. Budget 2009 Announcement (4th Week)
2. Corporate Result Announcements (Month-long)
3. Line up for Permatang Pauh Bi-Election (August & September)
4. Line up to Anwar's magical date (16 September 2008)
Stock market to rally or not to rally ... your call, pls cast vote on the pole.
Wanna know what i think, click on the globe icon.
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YouInvest is about helping average Malaysians in their investment decision and personnal finances. Visit Us at:
http://youinvest-malaysia.blogspot.com/
bizfun
Administrator
Hero Member
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Posts: 650
Re: Events this month
«
Reply #1 on:
August 05, 2008, 09:29:54 PM »
I think there is no prediction for the market, just act according to what is happening and follow the chart.
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littlefish
Newbie
Offline
Posts: 49
Re: Events this month
«
Reply #2 on:
August 06, 2008, 10:17:58 PM »
yes, we can't predict the market,
we know that in order to find a better position to enter/exit, we have to know the market next movement.
we use our knowledge and try to find out the market next movement.
and predict become one of the strategy/tools we use to trade/invest.
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要是没有IT或Programmer,就不会有网络,电脑和软件。
theng
Hero Member
Offline
Posts: 1448
Re: Events this month
«
Reply #3 on:
August 07, 2008, 10:02:57 PM »
Oil price shoots up to north, share price go to hell , but all other things move opposite to the share price, everything become expensive and investors start selling their shares.
US economy from no good became bad, then worse , and when US no good can other countries be good ? I think 99% of people will say No. As for me the answer is No too.
Now, when all over the globe the economy is no good or slowing down, I believe supply will be more than demand, but it is at this time that oil price started to move up again and move up so fast and high! And it is at this moment when global economy is not so good, so do we need more oil? I really would like to know the real truth to this. So I ponder and come to this conclusion. Oil was speculated by the Big Boys, and since price was pushed up, there must be a time frame for the oil price to reach its high, and I found out that July happen to be the time cycle of high. It seems that my prediction was correct, as after pushing it to that high, it came down as I expected. Now the problem is, is the ultimate peak of the oil price at about 150? Will it ever go higher than this?
Another question come to mind. Why did they choose this period to push up the oil price ? Looking at the chart I feel that the price was building up slowly since years ago , Another reason was, if they do not push it up now, they will have no chance to push it up any more. Because now many countries are trying to find new and cheap energy. From internet record some people in many countries have found the way to create a system to run the car using water. In Japan some companies had found the water car eg. Honda had create a dream water-powered car. If all this come true, oil will not be the only fuel for power so how to push the price up later?
If my above statements come true, what will happen to the world economy? Stock market will start to stable and moving up economy will start pick up and be good.
These are all my silly points of view only.
Please give your comment
«
Last Edit: August 07, 2008, 10:32:08 PM by theng
»
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