What if everyone’s wrong about the dollar?
....
In his note — titled “Where could the consensus be wrong?” — Garthwaite identifies reasons why the dollar’s rally may be near its end.

Among other things, he found that history is not on the consensus’ side.

“The dollar has historically fallen after the first Fed rate hike; indeed, the first rate hike on the last 5 tightening cycles was associated with a dollar weakening by around 10% over the following 3 months,” he said.

http://www.businessinsider.my/dollar-past-5-initial-rate-hikes-2015-8/

Could WTI Trade At A Premium To Brent By Next Year?
...
More accurate monthly data shows that output likely peaked in March at 9.69 million barrels per day, falling to 9.51 million barrels per day in May (the latest month for which data is available).

In other words, low oil prices are forcing production cut backs. More declines in output should be expected in the months ahead. Moody’s expects more defaults in the oil and gas industry this year, as debt piles up and lenders cut off access to credit for drillers. “We expect that the energy sector will continue to be a primary driver of defaults over the next year,” Moody’s senior vice president, John Puchalla, said in a statement. Hedges are expiring, which have shielded profits up until now. Credit lines could be reduced, forcing liquidity crises for weaker companies. These developments could impact oil production overall.
...

http://oilprice.com/Energy/Oil-Prices/Could-WTI-Trade-At-A-Premium-To-Brent-By-Next-Year.html

Why the WTI Crude Oil Price Is Up Today

http://moneymorning.com/2015/08/04/why-the-wti-crude-oil-price-is-up-today-2/
......
Between now and September, the number of active oil rigs will significantly shrink. That's because extraction levels from these wells peak within the first 18 months they're online. After that year and a half, their output rapidly declines.

That's why Moors sees oil prices climbing as high as $76 a barrel by the end of the year.

"Between July and September of this year, production will finally start to decline from the wells that were recently put on line," Moors explained. "Remember, these are the wells that have provided most of the excess volume."

"The translation? Eventually, the glut will recede, and the market is going to hand us some highly profitable plays in short order…"

WARREN BUFFETT: It’s going to be ‘very tough’ for the Fed to raise rates in September
Warren Buffett doesn’t think a rate hike from the Federal Reserve in September is guaranteed.

After the July jobs report on Friday, economists’ expectations that the Fed will raise interest rates next month increased.

The US economy added a healthy 215,000 jobs, the June data was revised upwards, and the unemployment rate held steady at a seven-year low of 5.3%. Many economists saw this as a sign that the Fed saw “some further improvement” in the labor market, just like it had wished for in its last policy statement.

In an interview on CNBC Monday morning, Buffett said it will be tough for the Fed to raise rates when foreign central banks are keeping rates low to stimulate their economies.

“It may very well happen [in September], but I don’t think it’s an easy decision when rates are considerably lower in Europe, and you may be affecting imports and exports,” he said.

It’s not just Europe. As we highlighted over the weekend, some economists including Goldman Sachs’ David Kostin say economic weakness in China may once again postpone the first rate hike in a decade.

http://www.businessinsider.my/warren-buffett-on-fed-interest-rate-hike-2015-8/

@jpl_grandmaster, I had been checking on comments and like it, thanks for the wise words.

Removing Iran sanctions to take 6-9 months: US Treasury
....
"Only if Iran fulfills the necessary nuclear conditions [of the nuclear deal]...will the U.S. lift sanctions. We expect that to take at least six to nine months," he explained in an official statement. The International Atomic Energy Agency (IAEA) must verify compliance, and then phased sanctions relief will come into effect, the statement said.
....
http://www.worldbulletin.net/world/162872/removing-iran-sanctions-to-take-6-9-months-us-treasury

What if everyone’s wrong about the dollar?
....
In his note — titled “Where could the consensus be wrong?” — Garthwaite identifies reasons why the dollar’s rally may be near its end.

Among other things, he found that history is not on the consensus’ side.

“The dollar has historically fallen after the first Fed rate hike; indeed, the first rate hike on the last 5 tightening cycles was associated with a dollar weakening by around 10% over the following 3 months,” he said.

http://www.businessinsider.my/dollar-past-5-initial-rate-hikes-2015-8/

Just updated the charts.

http://klse.i3investor.com/blogs/tosell2/80884.jsp

Invest wisely and have a good evening.

Good day, folks. I will update the charts after 8pm.

Bilis, look at the glotec's volume. Accumulation stage or not? If not, one night stand.

Just my idiotic opinion where today I am effing free.

Bilis, rumor only. Need actual fact. If the rumoured news about the "farting gas" were true, last week, (if you are )the directors or share holder already cleaned up any price below 10. Ah! 1 cents up, 0.005 down.

Just my humble opinion.

@Frank Soweto,

http://www.financetwitter.com/wp-content/uploads/2015/06/1MDB-Scandal-vs-USD-Ringgit-Currency-Collapse.png

Bilis, Sumatec, sure thing on QR profit will increase progressively.

As for oil price....
Why the WTI Crude Oil Price Is Up Today
http://moneymorning.com/2015/08/04/why-the-wti-crude-oil-price-is-up-today-2/
......
Between now and September, the number of active oil rigs will significantly shrink. That's because extraction levels from these wells peak within the first 18 months they're online. After that year and a half, their output rapidly declines.

That's why Moors sees oil prices climbing as high as $76 a barrel by the end of the year.

"Between July and September of this year, production will finally start to decline from the wells that were recently put on line," Moors explained. "Remember, these are the wells that have provided most of the excess volume."

"The translation? Eventually, the glut will recede, and the market is going to hand us some highly profitable plays in short order…"
-------------------------------
Could WTI Trade At A Premium To Brent By Next Year?
...
More accurate monthly data shows that output likely peaked in March at 9.69 million barrels per day, falling to 9.51 million barrels per day in May (the latest month for which data is available).

In other words, low oil prices are forcing production cut backs. More declines in output should be expected in the months ahead. Moody’s expects more defaults in the oil and gas industry this year, as debt piles up and lenders cut off access to credit for drillers. “We expect that the energy sector will continue to be a primary driver of defaults over the next year,” Moody’s senior vice president, John Puchalla, said in a statement. Hedges are expiring, which have shielded profits up until now. Credit lines could be reduced, forcing liquidity crises for weaker companies. These developments could impact oil production overall.
...

http://oilprice.com/Energy/Oil-Prices/Could-WTI-Trade-At-A-Premium-To-Brent-By-Next-Year.html

Why the Malaysian gov never use brain and say nonsense...

http://news.google.com/news/url?sa=T&ct2=us&fd=S&url=http://www.nytimes.com/aponline/2015/08/05/world/europe/ap-missing-malaysian-plane.html&cid=52778919023362&ei=qArDVYH0A8yi0gTVlZLQBQ&usg=AFQjCNHXvNfTVZ_sbCN87aUvKdd0__N4lA

Bilis, glotec, nothing to send. they still digging for fart gas. he he. sumatec, hmmm. have a future in months to a year. price look good and cheap only if you're interested in OnG movement.

@Alex Chan, oversold can remain there as oversold for days to weeks. Think carefully before jumping in. Just another opinion out of thin air.

Bilis, yes

lucaluca, true. only if the price sure going down. At current price, present moment, need to wait and see.
Just an additional opinion.

kellysgk, average only when the price chart on the way up. Not on the way down.

Just a simple humble opinion. Remember, don't trust anyone in the forum, including Nomanland (I, myself also don't trust myself)

@kellysgk, talk to your remisier before you make another mistake.

Just a humble opinion.

New link for the charts.

http://klse.i3investor.com/blogs/tosell2/80884.jsp

wall street cheat sheet

http://klse.i3investor.com/blogs/tosell2/80889.jsp

Could WTI Trade At A Premium To Brent By Next Year?
...
More accurate monthly data shows that output likely peaked in March at 9.69 million barrels per day, falling to 9.51 million barrels per day in May (the latest month for which data is available).

In other words, low oil prices are forcing production cut backs. More declines in output should be expected in the months ahead. Moody’s expects more defaults in the oil and gas industry this year, as debt piles up and lenders cut off access to credit for drillers. “We expect that the energy sector will continue to be a primary driver of defaults over the next year,” Moody’s senior vice president, John Puchalla, said in a statement. Hedges are expiring, which have shielded profits up until now. Credit lines could be reduced, forcing liquidity crises for weaker companies. These developments could impact oil production overall.
...

http://oilprice.com/Energy/Oil-Prices/Could-WTI-Trade-At-A-Premium-To-Brent-By-Next-Year.html

Company is doing alright. The current downtrend was the current politic, market, and human sentiment or human psyche, over price share price, and currency exchange drop.

Just a humble opinion.

@skyu, you may want to use Bollinger Band, Bollinger Band percentage, Stochastic, and Stochastic RSI instead of using RSI. These tools might give you a good head start. Don't forget, volume which very important.

Trade wisely.

Why the WTI Crude Oil Price Is Up Today
http://moneymorning.com/2015/08/04/why-the-wti-crude-oil-price-is-up-today-2/
......
Between now and September, the number of active oil rigs will significantly shrink. That's because extraction levels from these wells peak within the first 18 months they're online. After that year and a half, their output rapidly declines.

That's why Moors sees oil prices climbing as high as $76 a barrel by the end of the year.

"Between July and September of this year, production will finally start to decline from the wells that were recently put on line," Moors explained. "Remember, these are the wells that have provided most of the excess volume."

"The translation? Eventually, the glut will recede, and the market is going to hand us some highly profitable plays in short order…"

Have good evening, ozzie75.

@Cheang Weizheng, newbies1234, bittergourd

...
Elliott Wave theory understands that public sentiment and mass psychology moves in 5 waves within a primary trend, and 3 waves in a counter-trend. Once a 5 wave move in public sentiment is completed, then it is time for the subconscious sentiment of the public to shift in the opposite direction, which is simply a natural cause of events in the human psyche, and not the operative effect from some form of “news.”
...

https://www.elliottwavetrader.net/elliottwavetheory/

@bittergourd, wait for 4th wave where those investors will jump in for QR news. Remember to open your parachute after that.

@skyu, NO indicators or oscillators are signalling to about turn yet. do invest and think wisely before become a long term investor unless you like it. This is a humble opinion and no human's soul were extracted.

@Cheang Weizheng
"planning to go in on 0.85 but it seems like the bottom line is nowhere near 0.85.... "

I will wait and miss a day or so, and miss a few cents before jumping in unless you like long term investment. Just my humble opinion and no animals were harmed.

my previous message on 28/07/2015 21:07

Based on Elliott wave + Fibonacci calculation(rough calculation), current down trend is the 3rd wave. Estimated targeted price 0.85- 0.88 area. If it breaks 0.85 support and goes below, we may see an extend 3rd wave to 0.50 area. If it reverse from 0.85, this is just a 4th wave due to human sentiment. Possibility of 5th wave(TP yet to be calculate), again, due to human sentiment.

The above statement is and was(always) from stupid Nomanland's idiotic opinion. When sell, it goes up. When buy, it goes down.

Bilis, it is better to watch the show for now until when those indicators and oscillators showing some life or turning point. One day trade does not tell the whole story.

bilis + ozzie75, remember to hold your horses when it reaches around the area unless you love teddy bear. he he

Bilis + ozzie75, read my previous message on 28/07/2015 21:07 and I hope you did digested.

current time frame, the buyers' support is weak. lack of interest. sellers out weight against the buyers in term of volume. This is just an observation. Do invest wisely.

wongwee + greatinvestor, if you have the time, do learn Technical and Fundamental Analysis. Both analysis is a must if you don't want to be screwed by teddy bear in the share market.

Learn how to calculate simple mathematics, reducing cost using + - / x, and spreadsheet(Excel)
Go and figure it out.

"Invest wisely and always have some reservation for yourself when reading the comments from unknown human being in the forum including this NoManLand." by me

Go back and hug a teddy bear! he he

There are times when TA's bear really can screw FA's bull.

Good night folk. Please invest wisely.

what dividends? buy low 0.88 sell high 0.98 = 0.10 tax free dividend

Ok folks, here are the bear charts!
http://klse.i3investor.com/blogs/tosell2/80434.jsp

@ozzie, ha ha. nice one

@bilis + ozzie, can you guys poke your head out and see, is the bear still there?

"I'm not sure...poke your head out and see if he's gone yet"

@Bilis, trying to beat my friend average cost of below 0.30 by maintaining constant xxx lots. he he

@bilis, top up on existing lots and once targeted price reach when Elliot wave turn, to lower down my cost as i always enjoying almost zero cost. he he
except the Caspian sea.

@bittergourd, remember and don't forget to sell once your targeted price reaches.
Remember, "greed kills the profit."

@bilis, bought 100 lots @ 0.590 crossing my fingers and toes that my assumption that the 3rd wave is alive and also overall wave is an up trend.

Not a buy or sell call, just have a look and the risk is yours only if you decide the accept the mission. this message will be destroy in 3 seconds. he he

@twobits,
The green (a) and (b) are 13%

fast amplitude (8%): bullish wave 1
moderate amplitude (13%): bullish wave 3

Notes: amplitude,.... https://en.wikipedia.org/wiki/Amplitude

This is not a buy or sell call.

Bilis + ozzie75, have a look at
KNM updated charts with wave count(last chart)
http://klse.i3investor.com/blogs/tosell2/80540.jsp

Not a buy or sell call, just have a look.

@twobits, save the chart to your drive and use app to zoom on it. the charts are saved in high res.