Finally opec have discussion. Previous no.. keep pumping... these kings only make people suffured. Why have discussion? Direct assault saudi.

Currently, WTI trades 1.34% higher at 46.14, retreating slightly from fresh session highs reached at 46.24 in last hours. The oil prices witnessed a sudden bout of fresh buying interest as oil traders positively reacted to the news that Russia was ready to meet OPEC and non-OPEC producers to discuss global oil markets.

The Russian agreement reports boosted the black gold prices, as Russia so far has been unwilling to cut output to support crude prices and cooperate with the OPEC, in a bid to defend its market share.

Moreover, oil prices also remain underpinned by the US oil rig count data which showed that the number of oil rig counts in the US dropped by 26 over the past week and the fifth straight weekly fall, signalling slowdown in production as the US drillers move away amid falling oil prices.

Syria invasion will not strong enough to push the crude oil price to 100. Hopefully more invasion on the rest of opec.

Crude oil supply is reduced down due to syria assault. Crude oil is in wave 2 end last week friday. Happy ending. Once again our government will have more money. Klse will rise again. This russia uses the terrorist idea to assault syria. Main reason they also having problem to their economy due low crude oil price. Why syria? Attack saudi la.. saudi is big brother..

Hng33 why u sold? Russia just invaded syria will force crude oil price to rise. 0.485 is more confirm price to buy in. 0.47 cut loss.

Obama even bow to the king and kiss the king's hand when he was at saudi last year. I do not know why he bowed to the king ??? Great mystery.

Aluminium price is different from crude oil. Crude oil price can be lowered down again by opec. All the kings of saudi is super rich. They do not care whether the price is very low or not. Thus the price still can go further low. These kings are super ego never bow down to us shale oil.

Aluminium price when reach to 1550. All the aluminium plants in the world cease operation. When the price is at 1550, they stop selling the aluminium because sell it at 1550 they will lose. So they keep it. So price can only go up...

Aluminium price is rebounced at 1550. 1550 is the bottom of all the years low. Now is at 1570.

crude oil 45.60 may be the wave 2. If crude oil can rise to 46.60, I believe the trend has changed to bullish. If no, continuous to 22.00

cutloss 0.47

TP 0.55

A signal but not very convincing. Break 0.485 is more confirm.

Private payrolls too were exceptionally weak, at only 118K, and at strong odds to the ADP survey which came in at +200k. The public hiring is good news given the private backdrop, and mainly in local government and education. We wonder if it might slow down in a month or so, now that the new school year is fully underway. If so, and if we don’t see the private figures firming, we may need to scale back our expectations for payrolls in coming months.”

“The other disappointment in the data was from hourly wages growth, which only needed to show a 0.2%mom increase to take its annualized growth rate into new territory. But instead, is was unchanged, and the annual rate remains stuck at 2.2%YoY. Not enough to get the Fed doves vote for a hike, at least not yet.”

“The only vague solace in these figures came from the unemployment rate, which remained 5.1% as the labour force dropped a worrying 350K, and the total level of employment fell 236K, whilst unemployment also fell 114K. In the end, this was only 0.002ppt too high to prevent a further drop to 5.0%, which it may do next month. Even hours worked declined.”

“For once, these labour market numbers gave an unambiguous result. The problem is that it was unambiguously negative. No rate hike this month then it seems. But it raises doubts too about the probability of a December hike, unless the Fed changes the basis upon which it decided policy rates.”

History repeated again. Evening stars

KNM, Airasia and FGV in trouble. Running out of steam.

I buy in Pmetal when KLSE Up.I see it is still hot. People buying it at 2.00 and keep it.

Good nite Vaylens. :)
Crude oil does not impact much on KLSE except KNM when at 22.00. KLSE still can reach 1755. Buy Buy Buy.

Crude oil break the 43.45 then confirm the end of Wave 4. Wave 5 is at 22.00. What I see is a triangle developed on current movement. Can u see a triangle ?

Good nite. Two evening stars.

Two stars appeared again today as happened in 27 july 2015. Will it repeated or not?

Buy buy buy dear calvin. Dont worry too much.

Hike the rate on october is not possible. So the solution fed probably divided into few small portions instead of two this year.Buy in full now until december.Small drop ahead in december due to small rate hike.

Crude oil breaking 43.45 again is really terrible towards 22.00. I see only these two days breaking it

FA also no good. No good cash flow. Huge debts. Epf is very smart now picking up the blue chip stocks. Not supporting knm

S&P 500 filling up the 1827 space this week. Next week towards 17xx. Crude oil u see carefully is wave 4 developed on current rise. Not wave 2. Wave 5 is at 22.00.

Market Crash.. cutloss..

0.225 is the lowest. Only worth at this price.

0.475. Are u still accumulating?

Thus why it is a hope only as what kcchong published. Hope that will rise. Practice the art of tp and cutloss will be better than a HOPE.

Nomanland. Theae data i understand where to get and i tell u it is lagging few months to real.

Only worth 0.225, not 0.315.

KNM is a typical company with a flamboyant talking head who always appear in the media, telling investors the big growth plans he always have for the company, foraying and making its foot prints all over the world with big acquisitions, the hundreds of millions contracts it is going to get, and how undervalue are its stocks, that he would privatise the company because of the gross undervaluation, and all the deceits and spinning. Even EPF and institutional investors were drawn to the stories and many of them have invested in it. Operation wise, KNM has been losing money almost every year in his operations. Cash ran out and many cash calls were made. Debts balloon sky high. KNM’s share price dropped from its peak of about RM10.00 to just 48.5 sen now. Yet many punters are still hoping that the insiders will fry (push up) the shares for them to make money, and even analysts and investment bankers are writing reports with hope that it will turnaround with the new projects it had secured, not realizing that most of their projects were won with little or none margin. Recently, some professional analysts and investment bankers are writing and recommending to buy KNM again. But has anything major changed?

Because it is confirm date, the drop will not be so horrible. Fear is gone already.

I see the best buy is beginning of january

10月27-28日，及12月15-16日

美國復甦力度仍強韌

如此格局中，美國升息意義深遠，至少暗示了雖受外圍利空威脅，美國復甦力度仍然強韌，這相信將舒緩人們對實體經濟惡化的顧慮，強化投資信心。可惜，美國最後不敢漠視外圍利空，維持利率不變，放任有關不明朗因素繼續在全球飛翔。

平心而論，聯儲局按兵不動並無可厚非，因美國經濟比起幾年前雖明顯改善，但在各大國都成長乏力之際，美國復甦路其實猶存變數，聯儲局選擇再作觀察無不妥。

畢竟，幾乎已用盡救市工具的美國，短期內恐怕已無法承受再一次的經濟衰退或風暴，所以更需步步為營才是。

整體來說，聯儲局今年內仍會進行兩次議息會議，分別是在10月27-28日，及12月15-16日，這代表美國仍有兩次升息機會；相信只要原產品價格繼續保持穩定，和主要大國經濟未明顯惡化，美國在第四季內升息的可能性仍很高。

慶幸的是，對金融界而言，這已不再等同威脅或恐慌。（星洲日報／焦點評析‧作者：李三宇）

I want to buy in knm at 0.315

Very uncertain this market. I close my pmetal. nice profit. Today drop is because China PMI is very bad affected the US and Malaysia. I could never expect the drop is so fast. I thought market can sustain up until december but seems now ahead the schedule. See these couple days Najib buy in again or not. Tomorrow holiday. Do not know friday will be gap down or not.

I only trust this pmetal.. rest no.

Pmetal standard price is at 2.00. Last low at 1.5. Hard to achieve 1.50 if previous pmetal bintulu was not on fire.

Klse running out of steam again approaching 1600.. tomorrow reaching below 1600.. najib fund seems finish already.

10% loss only before turn to 20% and so on.

Targeted to a new low. Maybe 0.315. Nobody supported thus it was at 0.39 at the beginning. Cut loss asap.

News cannot be trusted. Bankers always launch a news for them to clear their positions. No fibo level to support it when touching 0.39. Crude oil is not controlled by fed.

I suggest to buy in pmetal. Aluminium price has reached 1506. Most of the aluminium plants in the world cease operation. Only pmetal still operating under such condition.

Plan to short it at 2097.

Hopefully can break the contacting triangle to ascending triangle tonight. End of bearish. Break it will reach 2097 and retrace back again.

http://klse.i3investor.com/blogs/knm_analysis/82581.jsp

http://klse.i3investor.com/blogs/knm_analysis/82581.jsp

http://klse.i3investor.com/blogs/knm_analysis/82581.jsp

This is assumption Bull Supercycle can be ended from year 1975 to year 2014 = 39 years. Bear Supercycle is short than Bull supercycle from year 2015 to year 2024 = 9 years.