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Yup. Holding on to see 75 cents...
GuavaXF30 ( Date: 06-Apr-2011 08:41) Posted:
Long run I agree. But careful as it will not be straight up. There will be some plays up and down too.
But for investors, remember, prices of CPO drop yesterday is also after several days of up. People using this as excuse to short but does not mean it is going to correct down. Three days of higher CPO prices versus one day going down is not a good trend to count on for shorting. At the end of the day, it's how much profit GAR will generate. I am still buyer and am in fact hoping that price drops below 0.70. But so that I can buy more.... Indirectly, I am hoping Isolater is correct in predicting 0.65 soon. But for different reasons :)
catalyst ( Date: 05-Apr-2011 21:14) Posted:
| Bull trend for now. 76cts next. |
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Long run I agree. But careful as it will not be straight up. There will be some plays up and down too.
But for investors, remember, prices of CPO drop yesterday is also after several days of up. People using this as excuse to short but does not mean it is going to correct down. Three days of higher CPO prices versus one day going down is not a good trend to count on for shorting. At the end of the day, it's how much profit GAR will generate. I am still buyer and am in fact hoping that price drops below 0.70. But so that I can buy more.... Indirectly, I am hoping Isolater is correct in predicting 0.65 soon. But for different reasons :)
catalyst ( Date: 05-Apr-2011 21:14) Posted:
| Bull trend for now. 76cts next. |
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Getting to 65ct is easy, the question is will it get lower.....
It's been a volatile first quarter, but that's not deterring Wall Street experts. More
who expect stocks to continue trending higher for the remainder of the year.
Most market strategists are calling for the benchmark S& P 500 (SPX) index to rise an average of 4% over the next three quarters to end 2011 near 1,400. That would leave the market up about 11% for the year.
erm... eu and us market turned RED bull liao... are we following?
catalyst ( Date: 05-Apr-2011 21:14) Posted:
| Bull trend for now. 76cts next. |
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Bull trend for now. 76cts next.
China increase interest rate consider big bad news???
zaichai ( Date: 05-Apr-2011 19:41) Posted:
| I always play with cash. No contra. The chart show bullish unless the overall market is bearish or big bad news coming. I will keep pumping till it goes up. |
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good luck u must b bb then,,, since u can keep pumping it to prevent it from sinking...
if it really stop sinking.. n go upwards,, i will surely listen to wat u said next time lo:P
zaichai ( Date: 05-Apr-2011 19:41) Posted:
| I always play with cash. No contra. The chart show bullish unless the overall market is bearish or big bad news coming. I will keep pumping till it goes up. |
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I always play with cash. No contra. The chart show bullish unless the overall market is bearish or big bad news coming. I will keep pumping till it goes up.
Why are you so sure? Hopefully u don't contra and lose your pants till jelat jelat
zaichai ( Date: 05-Apr-2011 17:38) Posted:
I still have confident it will go up above 0.75 by this week. I will buy at 0.7 again tomorrow. |
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68.5 to 71.5........
epliew ( Date: 05-Apr-2011 17:51) Posted:
interesting to know what price did u short it at
if i remember well it was 0.68 and 0.69 ?
Isolator ( Date: 05-Apr-2011 16:54) Posted:
Shorties is helping mother nature to bring everything to nature price....lol....  |
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5 April 2011 Last updated at 08:36 GMT
Austerity measures designed to reduce the budget deficit have proved deeply unpopular Ratings agency Moody's has downgraded Portuguese government debt by one notch, to Baa1 from A3, and warned that a further cut may be necessary.
This is the second downgrade by Moody's in less than a month and follows fellow agency Standard & Poor's cut last week.
Moody's said its decision was " driven primarily by increased political, budgetary and economic uncertainty" .
The move heightens concerns Portugal will be forced to ask its European partners for a financial bail-out.
Last week, the Portuguese government admitted it had missed its budget deficit target for 2010.
The total was 8.6% of economic output, above the European Union's target of 7.3%.
Moody's said the increased uncertainty in the country heightened the risks that " the government will be unable to achieve [its] ambitious deficit reduction targets" in the next three years.
Yields on Portuguese government debt rose slightly following the downgrade, to 8.54% from 8.47% on Monday, reflecting heightened concern about its ability to pay back its debts.
Such high rates are seen as unsustainable in the long run.
Portugal has not yet called for any financial assistance, but many analysts believe it is just a matter of time before it is forced to do so as the country's economic situation worsens and its cost of borrowing on the markets rises.
interesting to know what price did u short it at
if i remember well it was 0.68 and 0.69 ?
Isolator ( Date: 05-Apr-2011 16:54) Posted:
| Shorties is helping mother nature to bring everything to nature price....lol.... |
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I still have confident it will go up above 0.75 by this week. I will buy at 0.7 again tomorrow.
You are almost right,, Indonesia got 6.X magnitude while Fiji received 5.7....
sharkoey ( Date: 05-Apr-2011 17:13) Posted:
| seems like a good time to short now, target 63cts |
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seems like a good time to short now, target 63cts
I agree, I think God is angry that people are selling His creation as in this case palm tree and oil above the Nature price...They bought from God at a huge discount and sell it 10x the buying price. And greed also lead them to but other innocence trees to plant Palm Tree and upset the Nature Harmonic Balance....i think the Magtnitude 5.7 is the signal God ways of telling the market that Golden Agri is worth 0.57? Close to my TP which is 0.58
Isolator ( Date: 05-Apr-2011 16:54) Posted:
| Shorties is helping mother nature to bring everything to nature price....lol.... |
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Shorties is helping mother nature to bring everything to nature price....lol....
Quote: Natural disasters have been increasing the past few years.. maybe Mother Nature (God)'s way of showing us how much we have abused this world we live in and how cruel humanity can be." "
Especially the shortist who short Golden Agri LOL
SGG_SGG ( Date: 05-Apr-2011 16:49) Posted:
The earthquake in Japan has caused the plates to shift.. and the possibility of more earthquakes is high due to this shift.
Natural disasters have been increasing the past few years.. maybe Mother Nature (God)'s way of showing us how much we have abused this world we live in and how cruel humanity can be.
5.7 doesn't usually cause tsunamis I think. Usually higher magnitude?
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The earthquake in Japan has caused the plates to shift.. and the possibility of more earthquakes is high due to this shift.
Natural disasters have been increasing the past few years.. maybe Mother Nature (God)'s way of showing us how much we have abused this world we live in and how cruel humanity can be.
5.7 doesn't usually cause tsunamis I think. Usually higher magnitude?
