Interesting. crude oil dropped 83.50 at noon and now up to 84.28 at 2:55pm .
Sumatec price maintaining strong at 0.37x area.

Good night SJ, ozzie, DC, and all folks in the NoWomanLand have a good wet dreams of NoManLand's Amazon girls. Assuming yourself as the only o ! o there.

DC, sometime floor and sometime bed. no lose no gain.
Heavy math calculation before buy or sell.

Sang-Jero, while I am waiting, I will do day trade till my average drop to my targeted price instead waiting for the share price to move there.

Good night guys and gals, need to hit the bed and dream a wet dream. hmm!

Sang-Jero, average was 49, This week sold and bought back, damn the average when up to 71.

No problem with the new average as long I know how to pull it down.
While waiting for a good signal, sold some to gain some elsewhere. :)

my Elliot wave analysis, on 5th wave, but a signal of possible change of wave appear today. I have to see tomorrow event and if the volume and price up, if not mistaken, 1st wave up.

Just another idiot opinion, no animal was used in the analysis.

@Sang-Jero, lots of information about oil at moneymorning.com

http://moneymorning.com/2014/09/25/oil-prices-today-three-key-factors-the-pundits-are-missing/

http://moneymorning.com/2014/10/08/the-u-s-oil-export-surge-is-coming/

Cassyee, short, mid, or long term... your own setting.
short, x days, x weeks ...
mid, xx days, xx weeks ...
long xxx days, xxx weeks ...

Sang-Jero, sold 1000 lots partial and bought back 400 lots again, still paper loss. Balance bought others counters, turned green :).

Getting use with losses is a lot easier then talking nonsense in life.

Short term to mid term of Sumatec? TA, everything looks good on my side. Look like initial stage of 1st wave or almost ending of 5th wave. Need to confirm tomorrow.

Just another opinion. Those don't like it, eff out.

http://www.bloomberg.com/news/2014-10-07/shale-boom-tested-as-sub-90-oil-threatens-u-s-drillers.html

DJI up does not means Sumatec will goes up. Possible down to about 0.340-0.350 area before rebound. Just my humble opinion.
Today
Resistance 380/390/400
Support 365/350/340

Yesterday support 390/375/350

@Ring
http://www.investing.com/news/commodities-news/nymex-crude-rebounds-in-asia-despite-uncertain-demand-outlook-312308

http://www.investing.com/news/commodities-news/u.s.-oil-futures-hit-fresh18-month-low-after-supply-data-312257

10:33pm 86.86 Crude oil 87 broken.

In the land of NoManLand, too many having a period at the same time. Need to send a smoke signal to NoWomanLand for help. :)

whole world having a bad period.

Plenty of Shale, Plenty of Problems
http://www.worldwatch.org/node/5167

http://seekingalpha.com/article/2545355-lower-oil-prices-could-lead-to-shale-debt-bubble-bursting

Interesting article to read.

http://economictimes.indiatimes.com/markets/commodities/as-oil-prices-tank-new-era-of-abundance-seen-dawning/articleshow/44584756.cms

...Bob McNally, a White House adviser to former President George W. Bush and now president of the Rapidan Group energy consultancy, said after a recent trip to Saudi Arabia that OPEC producers might wait for US output cuts rather than cut production themselves. While some in OPEC are starting to call for cuts, core Gulf members are betting winter demand will revive the market.

That may change if oil prices slide another $10 or so. Not only will that squeeze budgets from Caracas to Moscow, but US drillers would probably curb activity in the event of a "sustained pullback" below $80 a barrel, analysts at Baird Energy wrote in a report on Monday.

"US shale oil after all is not just the newest and biggest source of supply, but also high cost and most responsive to oil prices," said McNally. "North Dakota and Texas have effectively joined OPEC, though they may not have realized it yet."

woman_x, good one. Instead of using f**k, try EFF better meaning.

optimuss, Thank for the reply. Just an opinion for thinking. :) At least, I am learning for not knowledgeable about oil n gas production.

Price below USD90 is unprofitable for US drillers. Company will cut production which will drive the oil price up again.

Just an opinion.

Early bird for RI.

woman_x, very true. good nite and all the best.

dreamshiter, assuming what you stated is true, why you still keep the Sumatec's shares? Why not just sell it and invest or trade in other counter instead of wasting your time here!!! Weird!

We all are curious!

@Dreamer11 ,"So up tmrrw??" NO, going North East.

As of 3:53pm
Hang Seng Index 23,440.94 +376.38 (1.63%)

Look like tomorrow is a Green day.

http://www.iii.co.uk/stockmarketwire/196115/ftse100-tipped-open-higher-morning

As of 2:37pm
Hang Seng Index 23,395.59 +331.03 (1.44%)

As of 2:22pm
Nikkei 225 15,890.95 +182.30 (1.16%)
Hang Seng Index 23,364.21 +299.65 (1.30%)

Ha, Monday's blues

I like SHORT, INTERMEDIATE, LONG TERM. If I lose, that is my investment. So far, about 90% of my investment in KLSE's shares are profit. Up I profit, down I also profit. There are time, "Ok!. Eff it and trade another day or die another day."

When come into investment or trading in the share market,
1. How greedy you are?
2. How stupid you are?
3. How idiotic of a person can be?
4. How big is the balls or 2nd base?
5. How much(uncountable) ignorance can a person tolerate?
6. How much can a person willing to lose and get on with life without EFFING others?
7. Do you dare to lose so to gain?
8. If a person have no guts, please stay away. FD is your best friend.
9. If a person palm is sweating every times when invest in the share, please stay away from share market.

I can give one hell of effing list to the loser in the share market to get a life.

Just a stupid person typing above nonsenses. Reading it may cause nervous break down and laugh until no sense of being a human, die also cannot. On top, to improve the probability in the share market, must roll on the floor and have sex which it will cure the above mentality problems.

Reading and passing info is good for the brain cells.

As of 9:50am
Nikkei 225 15,850.41 +141.76 (0.90%)
Hang Seng Index 23,206.74 +142.18 (0.62%)

Hong Kong Protests Enter New Phase

http://online.wsj.com/articles/hong-kong-protesters-face-looming-deadline-to-clear-streets-1412492891

"Investors in exchange-traded funds tracking Hong Kong-listed stocks are unfazed by the city’s biggest political unrest since the 1960s, adding money even as the stock market posted its largest drop in seven months. ..."

http://www.businessweek.com/news/2014-10-05/hong-kong-etf-bulls-grow-as-short-sellers-pare-back

I think foreign fund is coming as US dollar is strong in term of conversion to MYR. Once the USD drop, I think the fund will start flowing out again.

@Ring, "...forsee sudden surge using Budget 15 as an escuse for d catalyst. ...." At least Sumatec's director have something to back it up when SC UMA Sumatec limit up. :)

@Dreamer11,
...IF I say 0.50 next week, and IF it can't reach there, and I will be accused for lots of nonsense.
...IF it touches the 0.50, I will the new fortune teller.
...IF it passes the 0.50++, I am the god in the land of NoManLand.

Therefore, I have no ideas.

@Dreamer11,

I have two simple questions to ask you.
1. Why 0.50 next week?
2. Have you average your purchased price lower?

For me, any price will do as long as I still have money and can trade to lower down my average price. My target average price to about 0.30. Therefore, next week or whatever week is not important issue to me. Current market event is important.

Just my simple minded thought.

If this coming Tuesday can break 0.435 and closed at 0.440, we might able to see the "Close Encounters of the 5th Kind!" on Friday.

@izoklse, can't wait for coming Friday 10 Oct. Tuesday to Friday are the opportunity for me to lower down my average price further.

Another interesting articles to read

For stock market, it's welcome back to 2011
http://www.cnbc.com/id/102054005

2011 Deja Vu
http://sigmundholmes.com/2011-deja-vu/

Interesting article to read

Will the Stock Market Finish 2014 With a Bang or a Crash?
http://www.dailyfinance.com/2014/10/02/stock-market-4q-2014-outlook-bull-vs-bear/

Encouraging Jobs Report Fuels Sharp Rise in Market
By THE ASSOCIATED PRESSOCT. 3, 2014

"Investors seem to think that the economy is at the perfect temperature for stocks: not too hot and not too cold."

"The latest evidence came on Friday in a jobs report that showed a pickup in hiring last month that could mean more people with paychecks, more spending and higher corporate profits. But the report also showed that wages were stagnant, which cheered investors concerned that anything that pushes up inflation could prompt the Federal Reserve to raise interest rates soon and end the market rally...."

http://www.nytimes.com/2014/10/04/business/daily-stock-market-activity.html?_r=0

@Ring, next week, this counter will be more interesting. Lots of human will be saying, 'It is a trap!' , 'What's happening!' Lots of human will be 'Holier than Thou'

World investors diverge on the outlook for stocks - Reuters poll

http://uk.reuters.com/article/2014/10/01/uk-funds-poll-global-idUKKCN0HQ3CF20141001

Global stock market rally set to continue into 2015 - Reuters poll

"LONDON - Global stock markets will keep climbing well into 2015 as they shift away from a liquidity driven rally to focus on growth expectations, although many strategists also warned in a worldwide Reuters poll that prices are already very high...."

"...Strategists noted stock prices in China and other parts of East Asia remain relatively cheap compared with U.S. and European shares, though rising U.S. interest rates may cap gains. ..."

http://uk.reuters.com/article/2014/09/26/uk-markets-stocks-poll-wrap-idUKKCN0HK1MI20140926

@Dreamer11, patience is a virtue.

https://answers.yahoo.com/question/index?qid=20090212112009AAlSu3o

@Dreamer11, long term = still bullish.