I sold all around 0.43 and went to vacation...and just touch down KLIA...e...0.39... walau yeh! as prediction, oil prices will trend down towards USD40 / barrel...
0.385 is still too early..0.315 on February 2015... Crude oil targetted will reach 20.00... Next 10 years finished remain on the 70 to 20.00 level.. Saudi is really fanatic pushing the oil so low..When the US collasped, new order from Middle east form..
No need to attack each other here la ....Now all bursa investors "kena" until want to cry also no tears already .... Black Christmas this year for everybody .... No big fat turkey to eat but big ugly bones to chew ....
Calvin sees computer screen all red, red. Others only see losses but Calvin sees nice red packet angpows for Coming Chinese New Year.
Listen everybody! Listen! This is not a market crash but only a deep correction. Bursa can only collapse when China and US both Collapse together. Otherwise stay invested.
Look at the Hangseng, no good as well, Hangseng pattern very similar to crude oil. US just beginning..
Crude oil targetted will reach 20.00 on Middle of February 2015..
From 20.00 rebouce back to 100 would not be one year business.. As you see the pattern and the news from saudi, it would be rebouce back to 70.00 and continue within 10 year in 70.00 to 20.00..
Deepest darkenest covered me up.. No light ahead..
One classes of shares might be hit hard and look at those that will benefit from this carnage. Winners will be
1) Food industries using palm oil 2) Logistics that use lots of petrol 3) Industries that use rubber like gloves, plastics and polymer 4) All tourism related industries 5) Everything that deals with exports and Malaysia turns super competitive
As i wrote earlier, BJ Corp hardly involve in Oil & Gas or CPO industry right ? they shall be immune ! They involve more in consumers, retail, auto, gaming, ... mostly perform well or resilient if recession hit malaysia next year ! am i right ?
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....
sangharimau
1,568 posts
Posted by sangharimau > 2014-12-15 09:34 | Report Abuse
Cakap besar tak payah duit