BOOOO CHOOOW CCCCCCCCCCC AAAAAAAAAAAA !!
SELL ON OCTOBER ... COME BACK NEXT YEAR OCTOBER !!
4 COTOBER 2014
“To know whether a market is bullish or bearish, you see what kind of fools are around. In a bear market, the old fools are in the market. These are the seasoned people who have made mistakes. Today, there are a lot of new fools around.”
“Look at the last 12 months. The S&P 500 is now trading at a price earnings ratio of 20 times PE. What is more significant is that if you look at the Schiller cyclically-adjusted 10-year PE, it is now at 26 times.
“The last three times it was at this level was in 1929, 1999 and 2007 to 2008.”
“When valuations are high, anything can be a trigger, and just like that, people will sell. And when markets are overvalued, you get bad returns.”
“For now, I cannot find specific stocks. I can’t buy crude palm oil (CPO) stocks.
“CPO prices are down 50%, but stocks are at an all-time high!”
“The oil and gas business is a commodity business where margins are not sustainable. Now, it appears that the barriers to entry are so low. When you have players like Eversendai Corp and Yinson Holdings Bhd, who have never seen a rig in their lives, now becoming global players, I would be very careful.”
“I think we are now entering that phase. In the United States, real wages have been horrible and have not improved.
“Savings rates are at historic lows.
3 OCTOBER 2014
China services growth dips to 8-month low in September
China's services sector grew at its slowest pace in eight months in September after new orders shrank for the first time since the 2008 global financial crisis, a survey showed on Friday.
In a sign that China's cooling property market remained a key drag on the economy, the PMI showed the real estate sector shrank in September, alongside other industries such as logistics and aviation. Lacklustre activity in the housing sector weighed on overall new orders, which fell to 49.5, a level not seen since December 2008 and down from 50 in August.
"The 'Golden September' peak season in the property sector did not materialise. The market tracked a weak trend and activity was on the subdued side," said Wu Wei, an official at the China Federation of Logistics and Purchasing, which helps to publish the PMI.
Friday's data raised questions about whether China's move this week to cut mortgage rates and downpayment levels for some home-buyers would be enough to revive its sagging housing market and rejuvenate its sputtering economic momentum. Indeed, the PMI showed the property, aviation, catering and environmental protection industries all took in fewer orders last month.
Overall slack caused employment in the sector to shrink for the third consecutive month as a sub-index for jobs inched down to 49.5 from 49.6 in August.
– Reuters
"SAFETY COME FIRST ... SAFETY COME FIRST ... IT WILL NEVER BE TOO LATE TO RE-ENTER ... BUT IT WILL ALWAYS BE TOO LATE TO RUN ..." ~ quoted by Leno Tzu
this year october is the WORST productivity months .... everi where.
1. europe still busy with russian and ukraine
2. us still busy with middle east and is
3. argentine still unable to pay their debt
4. korea still busy with asia games
5. whole world taking leave to do pilgrimage in arab saudi
6. hong kong students still demonstrating
7. australia still busy mapping the indian ocean
8. japan still busy with volcano
9. scotland just finish with it independence voting
10. india busy about ... cant remember wat
11. china still busy celebrating their gold medal
12. thailand still dunno who is their PM
13. indon still busy burning forest
14. middle east still busy killing each other
15. malaysia still busy to resit upsr tamil paper
16.
17.
All the consequences will be reflected in next couple of days and weeks and months.
4 words to summarise THEM all ...
- BOOOOOO CHOOOOOOOWWWW CCCCCCCCCCC AAAAAAAAAAAAAA !!
" BE FEARFUL WHEN EVERYONE IS GREEDY ... THOSE END UP HOLDING LAST ... WILL BE THE GREATEST FOOL."
Oil drops under US$93 to new 27-month low amid glut
LONDON: Oil prices hit their lowest level since June 2012 on Thursday, dropping below US$93 a barrel, as official oil price cuts from top producer Saudi Arabia added to supply glut worries and weak global economic data.
Oil declined together with European stocks ahead of a European Central Bank meeting on Thursday.
Sharp cuts in official selling prices from state producer Saudi Aramco to Asian customers on Wednesday came as the clearest sign yet that the world's largest exporter is trying to compete for crude market share, amplified supply concerns.
Brent oil for November delivery lost US$1.30 at US$92.86 a barrel by 0817 GMT. It went as low as US$92.57 a barrel in early trade, a fresh low from June 2012.
US November crude lost US$1.10 to reach US$89.63 per barrel, a 17-month low.
Oil production in Russia increased by almost 0.9% month-on-month in September to 10.61 million barrels per day (bpd), Energy Ministry data showed, adding to a glut from growing US and Opec production that has held Brent crude prices below US$100 a barrel for more than three weeks.
Data on Wednesday showed disappointing European factory data, and China's manufacturing sector in September remained subdued. US economic strength, a rare bright spot for global markets, showed signs of caution following worries of an Ebola outbreak.
– Reuters
____________________________________________________________________________________________
____________________________________________________________________________________________
2 OCTOBER 2014
BOOOOOO CHOOOOOWWW CCCCCCCCCCCCC AAAAAAAAAAAAAAAAAAHHH !!
LARI ! LARI ! TAK LARI ... MATI AAAAAAAAAAAAAH !!
ALL THE SIGNS IS THERE !!
THE CIRCLE HAS COMPLETED !!
DIE ! DIE ! BO CHOOOOWW ... SURE DIE !!
======================================================================
PETROL PRICE TOO HIGH ! CAR SALES WILL DROP !! PETROL REVENUE WILL DROP !! BANK LOAN WILL DROP ! NOBODI GO EAT MCDONALD, KFC ... LESS CUSTOMER = WORKER KENA BUANG !! WORKER KENA BUANG .. NOBODI CAN BUY HOUSE = BANK REVENUE DROP MORE .. FOLLOW BY DEFAULT BY CAR AND HOUSE BUYERS !! THEN POLITICIAN WILL TAKE ADVANTAGE TO CAUSE HAVOC TO OUR COUNTRY ... INFRASTRUCTURE WILL BE DESTROYED ... MORE MONEY WASTED ! LENO ALREDI BOOK ONE WAY TICKET TO AUSTRALIA LIAW .... BOOO CHOOOWWW CCCCCCCCCCC AAAAAAAAAAAAAAAAAHH !!
==================================================
WAT FAK U TOK OIL RESERVE FAST DEPLETING ? MALAYSIA OIL RESERVE IS A LOT AND STILL A LOT LAR ! PROBLEM NOW IS .. OIL PRICE IS LOW AND GETTING LOWER .. AND PETROL COST GOIN UP THE OTHER WAY. OIL REVENUE WILL DROP ... BECAUSE WORLD DEMAND DROP BECAUSE OF ZERO PRODUCTIVITY .. ACTUALLY WORLD'S PRODUCTIVITIES IS IN NEGATIVE FOR FEW MONTHS LIAW. PEOPLE WASTING TIME IN WAR, SEARCHING PLANE AT INDIAN OCEAN, BUSY WITH BLACKBOX, EURPE SANCTION RUSSIAN, RUSSIAN SANCTION EUROPE, SCOTLAND WASTE MONEY ON STUPEED PETITION, HONG KONG STUDENT NO JOB, EVERI DAY DEMONSTRATION, ... U NAME IT ... ALL WASTING TIME AND ENERGY ON USELESS THING !!
More articles on BOOOO CHOOOW CCCCCCCCCCC AAAAAAAAAAAA !!
Okay ... short term veri BULLISH ... who no buy today, will go jump building next week.
Created by leno | Jul 31, 2015
3rd MOST DEADLiest WAVE is COMIN !! BOOOOH CHOOOW CCCCCCC AAAAAAAAAAA !!!
Created by leno | Jan 19, 2015
Discussions
6 people like this. Showing 50 of 137 comments
Economic/Investment gurus are mere mortals and irrelevant when stacked against the might of the Global Central Bankers who are the indeed the TRUE MONEY GOD.
2014-10-03 22:19
Look at the positive side of the Petrol subsidy issue. Malaysians and Malaysian business must wean itself away from the Petrol/Diesel subsidy mindset which is a drag on improving towards a more knowledge intensive and more competitive business mindset.
There will be SHORT TERM PAIN but arising from this there will be LONG TERM GAIN for the ECONOMY. The market will react POSITIVELY to the trimming of the Malaysian government fiscal deficit but people & businesses who are very much entrenched with the petrol/diesel subsidy mindset may not be too happy as they still want to be in their own "COMFORT ZONE". "NO PAIN, NO GAIN" does not exist in their vocabulary nor their mindset. These people and businesses will not be the future champions of FUTURE BUSINESS TOWARDS HIGH VALUE ADDED KNOWLEDGE INTENSIVE INDUSTRIES.
http://www.thestar.com.my/Business/Business-News/2014/10/03/Boon-from-lower-crude/
2014-10-03 23:02
Capital Dynamics’ Tan warns of overvalued global markets
BOOOO CHOOOOOOOOOOOOW CCCCCCCCCCCCC AAAAAAAAAAAAAAAAH!!!
http://www.thestar.com.my/Business/Business-News/2014/10/04/The-cautious-contrarian-Capital-Dynamics-Tan-warns-of-overvalued-global-markets/
2014-10-04 12:31
“To know whether a market is bullish or bearish, you see what kind of fools are around. In a bear market, the old fools are in the market. These are the seasoned people who have made mistakes. Today, there are a lot of new fools around.”
2014-10-04 12:39
who is Capital dynamic? laugh die me!
he think he is warren buffet? if he mean malaysia mkt is overvalued i may agreed, but to caution on Global mkt? give me a break, Nikkei is on the young bull. will shot pass 20,000 next year together with DJ. on parity.
i used to think CD Tan is a OK fund mgr, now i change my mind,
NOW i announce Fortunebullz is better more qualified to run Capital Dynamic
Fortunebullz, congrats, finally your thinking is intune with the Best.....kakakaka.
2014-10-04 12:39
Leno now is rubbish la. he was smarter than the average but now no bola already... wakakaka..
2014-10-04 12:40
the next theme the Big fund will sing is,
Oil price retreat good for global growth. more so for oil dependent country like North Asia, japan, korea, taiwan, bla bla
usa consumer confidence up due to more disposable income (saving in gas) next quarter GDP to exceed expectation!
2014-10-04 12:43
U USED TO THINK CD TAN IS GOOD ... WHICH TURN OUT U ARE WRONG. MEANING U ARE THE TYPE WHO ALWAYS MAKE WRONG JUDGEMENT MAR. NOW U THINK LENO IS NOT GOOD ... AND TRUST ME ... LATER U WILL SAY ... SOMETHING LIKE .. " I USE TO THINK LENO IS NOT GOOD, BUT IT TURN OUT LENO IS VELI VELI GOOD ... " HAHAHAHAHAH ... HISTORY ALWAYS REPEAT ITSELF ... THE FOOL ALWAYS MAKE FOOLISH JUDGEMENT AGAIN ... AND AGAIN. BOOOOOO CHOOOOWWWWWWWW CCCCCCCCCCCCC AAAAAAAAAAAAAAAAAAHHHH !!!!
2014-10-04 12:59
leno, u were good, until u panic panic dump all your bjcorp at 54c, and cry baby, i changed my mind.
wakaakakaka.
2014-10-04 13:01
TTB IS ALWAYS GABAGE ... CORRECT LOR ... LENO IS ALWAYS THE MOST PANLAI ONE ... ALSO CORRECT LOR ... BOOOOOO CHOOOOOOOWWWW CCCCCCCCCCCCC AAAAAAAAAAAAAAH !!!!
2014-10-04 13:02
leno, how to cccccc? dj +210pts, biggest gain since aug.
how to ccccc?
2014-10-04 13:03
HOW TO CCCCC ? SIMPLE NIAH ... IF U BOOOO CHOOWWWW .....THEN CCCCCCCCCCCCCC LOR. THE KEY WORD IS BIGGEST GAIN MAR ... HAHAHAHAH .... BOOOOOOO CHOOOOOWWW CCCCCCCCCCC AAAAAAAAAAAAAAAAH !!!!
2014-10-04 13:04
Chintong88 or Albertng of PM Corp,
Sorry, Calvin was busy. Just took notice. Yes! I remember Albertng - faithful follower of Power Money Corp.
These Two Rock Solid Counters Will Withstand Any Crisis
1) PM CORP
2) BJ CORP
Both Have Potential To Rise Up Into Blue Chip Zones!
2014-10-04 13:05
CALVIN TAN REPUTATION ONLI COME OUT DURING THESE 2 YEARS BULL RUN LOR ... WHEREAS LENO REPUTATION DATED FAR BACK EVEN MORE LONGER THAN RAIDER LOR. LENO REPUTATION HAS PASS WITH FLYING COLOR DURING UP DOWN FLAT UP DOWN FLAT MARKET LOR ... AND LENO RECORD OF DOUBLING NET PORTFOLIO ASSET EVERI 3 YEAR OR LESS FOR THE PAST STRAIGHT 12 YEARS LOR. RIGHT NOW LENO BETTING ON SIDEWAYS, LIQUIDATING INTO CASH AS MUCH AS POSSIBLE FOR COMING FUTURE OPPORTUNITIES. HOLDING CASH TO CATCH CHEAPER FISH ... NEVER WRONG ONE ... HAHAHAHAHAH ... BOOOO CHOOOOOWWWW CCCCCCCCCCCC AAAAAAAAAAAAAAAAAAAHHH !!!!
2014-10-04 13:19
BOOOO CHOOOOOWWWW CCCCCCCCCCCC AAAAAAAAAAAAAAAAAAAHHH !!!! Mana eh cccccccc. Leno si poon tang. Kah ee long; Kia ccccccc bueh tang looi. ai chooooooww leh choooooww pin toh. Shares mesti naik; jangan takut. you see DJI, how many top-top.
2014-10-04 15:32
u r wrong last time ... and u r wrong this time ... BOOOOO CHOOOOOWWW CCCCCCCCCCCCC AAAAAAAAAAAAAAAAAAA !!
2014-10-04 16:07
HaHa!
Leno Is Clever! Another One From Invest lah called "Baby" also clever.
This Is Calvin's Views On Market Crash
In Year 1997 When Alfred Ong warned me about Coming Crash. Calvin Sold Everything and keep to Cash. I am so grateful. Every time Alfred pays a visit Calvin belanjar
In Year 2007 Calvin also took heed to George Soros' warnings about US Subprime. (Calvin was in USA in 2009 and saw Subprime starting) Calvin again Sold All except OPCOM.
So Calvin did what Leno the Clever Girl Is Doing Right Now. But why this time Calvin didn't panic like before?
Last week Calvin was in Perth. Most of the time Calvin listened to Doctor Talking To Senior Nurses. Among Doctors & Experienced Nurses Calvin learnt a lot.
You see, after we got kena a disease one time we are immunized for life. Example if you got chicken pox once you won't get it the 2nd time for the rest of your life.
The 1929- 1939 US Depression was sweeping, scathing & scarring many for the rest of their lives. It was a scary time in US history. Will it happen again? Maybe it will. But like the human body that learn to build up defense the Governments of the World have A NEW WEAPON CALL QE (Quantitative Easing). It's like applying panadol to kill pain. And some people do live out all their lives on pain killers.
So we wait for the patient to die. TTB waited for 5 years. Still didn't die lah!
Dr. Marc Faber waited 3 months (Marc is my Sifu on Gold. Bought US$320. Sold US$1,700. Thank you to Marc Faber.) And George Soros Short S&P for 6 months.
All waiting for the patient to collapse and just die. Die lah Dow Jones. Why stick kicking?
The patient refuse to die because Dr & Nurses put him in life support indefinitely.
Indefinitely?
Aiyoyo!
How long more to wait ah?
Don't waste time waiting any more lah. Sifu Warren Buffet just bought a lot. Confidence returned. So don't wait. Go for those stocks you know which have fallen to attractive levels.
Get them now while the getting is still cheap!
I mean Rock Solid Counters with High NTA. Not Hot Air Balloons lah.
Best Regards,
Calvin the student.
2014-10-04 16:08
correct lor ... dow jone crash mani times, bursa also crash mani time .. and yet dow jone and bursa survive and bounce back again. But how many time u hear about traders and investor go jump building with every crash ? How many lost money ... and lost A LOT ! Bursa will survive ... no doubt about this ... but will U ? BOOOOOO CHOOOOOW CCCCCCCCCCCCCC AAAAAAAAAAAAAAHH !!
2014-10-04 16:22
leno, my apology again, i didnt know u wrote this moronic article "sell in oct and buy in 2015 oct"
totally rubbish article.
2014-10-04 16:39
just becos your 2 bola stolen by bursa, doesnt mean u other must follow u.
change your pic to tikus la, now u r a tikus.
2014-10-04 16:40
The GLOBAL MONEY GOD ala GLOBAL CENTRAL BANKERS had learnt a useful lesson in 2008 crash and their FUTURE RESPONSE SYSTEM had been immunized by the experience of 2008!!!
2014-10-04 16:40
Global economies CONTRACT and yet share price shoot up ... this means over-value lar ... leno calculate alreadi reach un-sustainable region liaw ... especially the treshold alreadi brought down by hike in petrol price. BOOOOOOO CHOOOOOWWWWWWWWW CCCCCCCCCCCCCCCC AAAAAAAAAAAAAAAHHH !!!!
2014-10-04 16:48
Posted by leno > Oct 4, 2014 04:48 PM | Report Abuse
Global economies CONTRACT and yet share price shoot up ... this means over-value lar ... leno calculate alreadi reach un-sustainable region liaw ... especially the treshold alreadi brought down by hike in petrol price. BOOOOOOO CHOOOOOWWWWWWWWW CCCCCCCCCCCCCCCC AAAAAAAAAAAAAAAHHH !!!!
i tot u r better than that. 20c petrol hike take away your 2 bola.
omg. i m so dissapoointed.
2014-10-04 16:53
solli optimus ... i cannot entertain u ... u are not in my fan club list ... but feel free to post anything u like here ... but i hope u will not get angri because leno may ignore u okay. Last time got one fellow feel veli veli angri because leno accidentally ignore him due to busy entertain other fansi ... cheeers to u optimus. Wish u all the best in your investment.
ps : if u feel like it, u can register your name into my fan club at www.leno@fansi.club.my ... registration is free.
2014-10-04 17:02
i ask u ... last week petrol price got increase or not ? U go to same shop see still got ppl buy iphone6plus anymore or not ? then u go again next week ... see got different or not ... Dun just tok ... GO AND SEE FOR YOURSELF AGAIN !! BOOOO CHOOOOOOOWWW CCCCCCCCCCCC AAAAAAAAAAAAAAAAAAAHHH !!!
2014-10-04 17:06
Share price shoot UP because Share price expect FUTURE GROWTH after ECONOMIES CONTRACT.
Commodity prices including Crude Oil had corrected, Global equity markets had corrected for past 2 odd months. Commodity prices had retraced and that's good for business.
Economic growth in USA will gather more traction in future years , USA will export Gas more and more, Europe had made decision to QE more if economic growth falters in the future, China will also QE more...
What are the pre condition that must exist before a GLOBAL CRASH OCCUR? I think a global crash will occur when there is GLOBAL IRRATIONAL EXUBERANCE IN THE STOCK MARKETS and the MONEY GODS LACK RAPID COORDINATED RESPONSE.
What is your basis to conclude decisively that a crash shall occur in 2014???
2014-10-04 17:09
ECONOMY has contracted and commodities price coming down one by one is the sign of economy has contracted. But share price and index has not corrected downward. Wat is the index 12 months ago compare to today ? wat is the palm oil price last year compare to today ? Next drop will be the oil price ... and index and share price will follow for obvious reason. Value will be wipe out first ... some one need to suffer loss. I dun wan to be that person. This is the nature of share market. BOOOO CHOOOOOOWWW CCCCCCCCCCCCCC AAAAAAAAAAAAAAAAAAA !!!!
2014-10-04 17:14
Malaysians r delaying car purchases due to the expectation that car prices will be cheaper after GST had been implemented...so they delay purchase... The uncertainty created by the GST had delayed consumption .. Moreover as petrol prices go up, car prices must come down as in the developed markets.
2014-10-04 17:18
u open bottle 1 k .. got nothin to do with me. U no see i cry or shout anything. It is your money. But 20 sen a liter ... why ? u pump 1 liter oil niah meh ? wat car u use ?
BOOOOOOOOOOOOOO CHOOOOOOOOOOWWWW CCCCCCCCCCCCCC AAAAAAAAAAAAAAAHH !!!!
2014-10-04 17:20
why how many litre use a month x 20 sen ? u no need to eat, drink and sheet meh ? u thing food price will increase or not ? The correct or more accurate is time 10% of your monthly expences lar. U no believe .. at of this month u see how much your expences increase. Then next month and next month. Leno wont go into other consequences yet. BOOOOOOO CHOOOWWWWW CCCCCCCCC AAAAAAAAAAAAAAH !!!!
2014-10-04 17:26
leno, thanks for the offer. i will never b your fan.
wrong channel la.
Malaysian r so cash rich. tell me which weekend north south highway is not packed? mostly 1 or 2 passengers car. 20c? even if Petrol hike 50c the highway would also jam.
malaysia oil price is too cheap that it distorted the economy, the allocation of resources are misallocated in wrong area. bcos of the cheap n subsidies Petrol hence the Electricity and other utilities. malaysia bcome a low cost low end production for many MNC.
2014-10-04 17:27
stock market go in opposite direction of real economy!
wisdom of OptimusPrime.
2014-10-04 17:34
leno no comment on good or bad about subsidies ..
the concept of politician is simple. When they start cutting subsidies ... meaning goverrment in trouble. Reserves is bleeding veri bad until they need to cut subsidies. U think they cut subsidies for long term good aaah ? HAHAHAHAH ... dun be naive hor. Even PR offer water free, universiti free, toll free ... if they can. If they cannot ... mean bad things veri near or we are alredi in bad shape liaw. I tot early this year petrol onli 1.90 niah .. now 2.30 ... up 40 sen worr. BOOOOOO CHOOOOW CCCCCCCCCCCC AAAAAAAAAAAAAAAAAA !!
2014-10-04 17:34
that is why we dont believe in FA, TA, we only believe in GA. Goreng Analysis.
2014-10-04 17:35
Petrol at 2.30 is not sustainable ... economies will have to crash at this price. Common sense. BOOOOOO CHOOOOOOWWW CCCCCCCCCCCCC AAAAAAAAAAAAAHHH !!!
2014-10-04 17:37
Crude Oil price dropped follows the basic economic principle of supply versus demand. There is more supply than demand now. The shale oil & gas boom in USA had turn USA from an oil importing nation to an oil & gas exporting nation.
The commodity super cycle as predicted by the world renowned Commodity guru Jim Rogers will most probably end by 2018 -2022. That means commodity prices will be cheaper then relative to current price. Cheap commodity prices is good for economic growth in future years.
Industry worldwide besides will welcome the lower commodity prices and there will spur more demand , more economic growth.
Moreover Asian countries(China, India, Indonesia, Vietnam, Philippines, Burma, Malaysia etc) and South American countries are aspiring for the lifestyle of the American consumers and this will lead to more robust economic growth globally in the future years and the consumption of energy and commodities over a long term basis will grow in tandem with the rise in living standards over time in these two major continents.
2014-10-04 17:37
20c hike is nothing la. it only affect the hardcore poor. anyhow. the hardcore poor has to work harder smarter get pay rise get brim get whatever they will pull thru.
another thing abt the hardcore poor. how much petrol they use wor.
motorbike. yes food price and everything go up, but being a hardcore poor. they know how to survived. there r always substitute.
well the best entertainment is always free. they just do more in room at nite.
2014-10-04 17:39
okay ... enough for today ... everi one stop tok kok here ... go exercise, stretching, and spend time with family or friends. Take good rest, read more books ... meditate ... listen to music. Bye ! And remember ..... BOOOOO CHOOOOOOOW CCCCCCCCCCCCCCCC AAAAAAAAAAAAAAAAAHHH !!!
2014-10-04 17:41
suggest u remove this blog. this is an evidence by leno and a laughing stock forever.
bro listen to me, remove this blog for your own good. we all forgot what u have said here.
wakakaka.
2014-10-04 17:42
communist system is perfect in theory, but when implementation, it is subject to more abuses than free economy. refer china disaster until millions starve to death.
2014-10-04 17:44
Crude Oil price drop had affected the income of the Malaysian government. Therefore the petrol/diesel subsidy must be cut to compensate for the lower income resulting from the drop in Crude Oil revenue.
There is tremendous uncertainty now on the impact of the GST on consumer prices generally and Malaysian consumers had postponed consumption because of the uncertainty due to the lack of clarity on the impact of impending GST on price to consumers.
2014-10-04 17:47
Posted by sunztzhe > Oct 4, 2014 05:47 PM | Report Abuse
Crude Oil price drop had affected the income of the Malaysian government. Therefore the petrol/diesel subsidy must be cut to compensate for the lower income resulting from the drop in Crude Oil revenue.
There is tremendous uncertainty now on the impact of the GST on consumer prices generally and Malaysian consumers had postponed consumption because of the uncertainty due to the lack of clarity on the impact of impending GST on price to consumers.
sunzthe, not really.
your govt sold oil futures far into years ahead. many contracts of oil futures are locked in more than a decade for a low price. no matter how old price perform in short term, up or down wont affect the govt budget.
dont believe me, dig deeper.
2014-10-04 17:49
Blog: BCC !! BCC !! EARTHQUACKE, VOLCANO - TYPHOON, FLOOD - DOW CRASHED - EBOLA !!
Oct 8, 2014 08:54 AM | Report Abuse
Good Morning Leno ala BCC,
There will be a mid term election in USA on Nov 4, 2014. During this midterm election year, all 435 seats in the United States House of Representatives and 33 of the 100 seats in the United States Senate will be contested; along with 38 state and territorial governorships, 46 state legislatures (except Louisiana, Mississippi, New Jersey and Virginia),four territorial legislatures and numerous state and local races.
The Dow in 64 Octobers since 1950 had been up 38 times(59%) and down 26 times(41%)and October month in USA is a "BEAR KILLER". This year being mid term election year October is particularly MORE BULLISH SINCE 1950. In the past 16 mid term elections in USA, the DJI rose 3.4% versus its 64 year average of 0.51% and The S&P rose 3.4% versus its 64 year average of 0.8%.
So based on past statistically significant evidence , October is an advantageous time to BUY ON WEAKNESS as the BEAR WILL BE KILLED IN OCTOBER 2014!!!
2014-10-25 11:56
Post a Comment
Featured Posts
Apps
Top Articles
1
AmInvest Research Reports
2
TA Sector Research
3
4
save malaysia!
5
6
7
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sunztzhe
Economic recovery losing momentum means interest rate will remain low for an indefinite period and there will be more QEs in the future. Of course it is quite obvious to any investor what QEs can do to future stock prices and never at any instance ever underestimate the firm resolve and money creation power of the Global Central bankers in doing what it takes to do what is materially necessary at any time that require their prompt unified response!!
2014-10-03 22:09