Unlikely to buy < 0.90, 0.92 is a strong support. Buy at 0.925 is considered to be a good buy. Buy when there is a big drop is the best strategy. Thank you.
Unlikely to buy < 0.90, 0.92 is a strong support. Buy at 0.925 is considered to be a good buy. Buy when there is a big drop is the best strategy. Thank you.
FOMC Meeting statement > The Fed Res today declined to curtail its economic stimulus program surprising investors who had expected the government's bond-buying to be tapered off starting this month.
US stocks moved sharply higher on the news. Today our KLCI is anticipated to follow the direction on the positive news being announced.
The next FOMC meeting shall be on the 29/10 & 30/10 respectively.
Bro Sang Jero, Good news Fed's tapering has been deferred. I think today possibly a lot of people might b queuing up to buy PANTECH, due to its strong fundamental & excellent future growth prospects. The next dividend ex-date shall b on 4/10 @ RM12.00 net per share. Good luck...& cheers....
Yup bro hiddengem.....Good news....DJ is all time high...hopefully Pantech will fly sky high....I was very positive and anticipated this news as per my earlier comments and looking at the stock movement on KLSE.....Hopefully Pantech shares will print money for all its investors.......Technical indicators is bullish and Strong "BUY" signal is blinking...All the best to all Pantech investors...
NEW YORK: US stocks soared on Wednesday to all-time closing highs after the Federal Reserve left its huge monetary stimulus in place.
The Dow Jones Industrial Average jumped 147.21 points (0.95 percent) to 15,676.94, 18 points above the previous record set on August 2. The broad-based SandP 500 surged 20.76 points (1.22 percent) to 1,725.52, besting the previous high, also hit on August 2, by nearly 16 points.
The tech-rich Nasdaq Composite Index rose 37.94 points (1.01 percent) to 3,783.64.
All three indices had been trading lower before the Fed's policy statement at 1800 GMT.
The Fed surprised markets by deciding not to dial back its US$85 billion per month bond-buying programme. Many market-watchers had expected the Fed to trim the programme by US$10 billion-US$15 billion per month.
The Fed cut its economic growth forecast for this year and next and expressed concern that the recent sharp rise in interest rates had already slowed the economy.
"The committee sees the downside risks to the outlook for the economy and the labor market as having diminished, on net, since last fall," it said at the end of a two-day monetary policy meeting.
"But the tightening of financial conditions observed in recent months, if sustained, could slow the pace of improvement in the economy and labour market."
Besides vaulting stocks higher, the Fed news sent the dollar lower against other major currencies and pushed US Treasury bond yields lower.
"The market is celebrating the fact that the Fed is sticking to data dependency and that real yields are coming down," said Art Hogan, head of product strategy at Lazard Capital Markets.
Apple tacked on 2.1 percent after putting on the market its new mobile operating system, called iOS 7.
Priceline became the first equity in the SandP 500 to trade above US$1,000 when it spiked to US$1,001 in late-session trade. Priceline closed at US$995.09, up 2.6 percent.
bro trustme 932....Tq so much for your input....I hope every Pantech investors will make money...Got to hold and be patient...I don't see anymore sentiment issue...Pantech's Fundamental is very strong plus all technical indicators, RSI, MACD etc are very bullish....I love you bro...cheers...
ok guys n fellow chart analysists,please correct me if i m wrong,there is strong evidence that it is forming a higher low base at 0.95-0.96 area n upward momentum over the past one week.I m confident that it is going to test abv 1.00 soon.
Pantech LA still very cheap compare to warrant. The conversion rate is 6 LA to 1 mother share. Some more has 3.5% interest basrd on par value 10sen. If you confident the mother share can fly high,u can consider the loan stock.
Bro trustme932. Early in the morning I've already in bro Sang Jero 'Titonic Ship'....smooth sailing all the way....& it wont sink like the 'Titanic'.....waiting for u to be the chief navigator....cheers...
trustme932.....I confirm your statement...there is strong evidence that it is forming a higher low base at 0.95-0.96 area n upward momentum over the past one week.I m confident that it is going to test abv 1.00 soon....tested 0.99 just now...
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....
Steve Jub
4,203 posts
Posted by Steve Jub > 2013-09-18 11:26 | Report Abuse
so got support at 95 cent ya