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4141-4160 of 6778
What goes down must come up. There is a gap to fill at 76cents.
Resistance at $0.751
will buy some around 0.67 then 0.63, if can touch that low, holding few lots only.
marubozu1688 ( Date: 26-Jan-2011 22:21) Posted:
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If it is not a realised lost, it is not a lost yet. At least to me.
stocksburntme ( Date: 26-Jan-2011 15:02) Posted:
I have 30 lots at 0.77. Another loser that lost $.
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good idea..i also cabut my Q
cannotfind ( Date: 26-Jan-2011 16:00) Posted:
| mine still queueing at 705.... tomorrow perhaps? |
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mine still queueing at 705.... tomorrow perhaps?
I have 30 lots at 0.77. Another loser that lost $.
Wish us luck then. But at 0.72 very good lah. 7cts diff to my 0.79 already save $1.4k leh.
rickyw ( Date: 26-Jan-2011 13:59) Posted:
i want to enter 20lots @72cts, see my luck until Q4 result
coolbunny ( Date: 26-Jan-2011 13:53) Posted:
| 25 lots.... after I bot drop drop drop.... but I bot to keep till Q4 result. Now 0.80 seem very far like that. Well, just wait for the light to shine again. |
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i want to enter 20lots @72cts, see my luck until Q4 result
coolbunny ( Date: 26-Jan-2011 13:53) Posted:
25 lots.... after I bot drop drop drop.... but I bot to keep till Q4 result. Now 0.80 seem very far like that. Well, just wait for the light to shine again.
rickyw ( Date: 26-Jan-2011 12:01) Posted:
| how many lots u bot? wah..must be stuck quite long..dunno if price can go back to 0.8 level or not |
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25 lots.... after I bot drop drop drop.... but I bot to keep till Q4 result. Now 0.80 seem very far like that. Well, just wait for the light to shine again.
rickyw ( Date: 26-Jan-2011 12:01) Posted:
how many lots u bot? wah..must be stuck quite long..dunno if price can go back to 0.8 level or not.
coolbunny ( Date: 26-Jan-2011 11:11) Posted:
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I not buying leh, still holding at 0.79..... |
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* India interest rate hike pressure on commods
* Palm demand to recover after Lunar New Year -trader
* Average palm prices in 2011 at 3,100 rgt/T -poll (Adds details, comments and prices)
By Angie Teo KUALA LUMPUR, Jan 26 (Reuters) - Malaysian palm oil hit fresh one-week lows on Wednesday on an improved weather outlook for soyoil-exporting Argentina and concerns of slower demand after India hiked interest rates to curb inflation. Widespread rainfall forecast across Argentina's farming belt in the coming days may boost soy and corn crops suffering from drought, pressuring prices of the U.S. soy complex.
By midday, the benchmark April crude palm oil contract on Bursa Malaysia Derivatives lost 1.5 percent to 3,648 ringgit ($1,195.282) a tonne, after going as low as 3,622 ringgit -- a level unseen since Jan. 18. "Most of the commodities are moving in the same pattern; palm oil prices are easing on correction," said a trader in Kuala Lumpur. The trader also said lower production of the world's most traded vegetable oil in the next few months would continue to boost prices. India, the world's largest edible oil consumer, hiked interest rates for the seventh time since March on Tuesday, in a move to rein in inflation and halt persistently higher food prices.
The country's decision drove down the 19-commodity Reuters Jefferies CRB index <.CRB>, a global benchmark for the asset class, 1.5 percent to its lowest level in 3 weeks.[ID:nN25271870] A Reuters technical analysis showed palm oil might extend losses to 3,539 ringgit per tonne, based on its wave pattern and a Fibonacci retracement analysis.
A Reuters survey showed palm oil prices to average 3,100 a tonne this year, marking a third straight year of gains as global vegetable oil supplies continue to shrink.
Other vegetable oils were weaker in Asian trade hours. U.S. soyoil for March delivery inched down, while the most traded Sept. soyoil on China's Dalian Commodity Exchange hit one-month lows. "Some investors are adjusting their positions before the Chinese New Year," said Liang Yong, an analyst with Galaxy Futures in Heilongjiang province. "Soyoil inventory build-up has been completed before the holiday but seasonally lower demand for soymeal and soyoil after the new year may pressure prices." Trading in China is slowing as investors have begun to pull out funds before the new year holiday from Feb. 2 to Feb. 8. Despite a broad sell-off in commodities, crude rose in Asian hours on a technical rebound as the dollar held near a 10-week low against a basket of currencies after the U.S. government pledged to cut spending while investors await weekly stocks data.
(Additional reporting by Niu Shuping in BEIJING; Editing by Niluksi Koswanage and Clarence Fernandez) ((angie.teo@thomsonreuters.com)(+603-2333 8034))
reversal up....?
reversal should be anytime soon.
good luck to all!
how many lots u bot? wah..must be stuck quite long..dunno if price can go back to 0.8 level or not.
coolbunny ( Date: 26-Jan-2011 11:11) Posted:
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I not buying leh, still holding at 0.79.....
Isolator ( Date: 26-Jan-2011 09:42) Posted:
No worry.. Can buy... Expect the unexpected....  |
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25 Feb
badbad2000 ( Date: 26-Jan-2011 10:11) Posted:
when is the result out?
coolbunny ( Date: 25-Jan-2011 23:44) Posted:
| Today opened at 0.74, made me so happy. Then closed at 0.72.... ai, still holding at 0.79 leh. Hopefully before Q4 result it will chiong. |
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I not buying leh, still holding at 0.79.....
Isolator ( Date: 26-Jan-2011 09:42) Posted:
| No worry.. Can buy... Expect the unexpected.... |
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u siao... if rich no need to gamble
coolbunny ( Date: 26-Jan-2011 09:38) Posted:
Cannotfind master, you very rich liao lah, go play other counter. Heehee.......
cannotfind ( Date: 26-Jan-2011 00:12) Posted:
| I am booking it to drop at 70 |
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when is the result out?
coolbunny ( Date: 25-Jan-2011 23:44) Posted:
Today opened at 0.74, made me so happy. Then closed at 0.72.... ai, still holding at 0.79 leh. Hopefully before Q4 result it will chiong.
stocksburntme ( Date: 25-Jan-2011 17:59) Posted:
| at this rate, i dont think can touch 80 cts by CNY. sad~
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