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5341-5360 of 6778
i put my money where my mouth is
vested 46.5
ozone2002 ( Date: 22-Oct-2009 09:54) Posted:
if GAR break 46.. enter..
DYODD |
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Just for reading pleasure
Goldman Sachs Quietly Pulls Out of Commodities
Goldman Sachs drastically changed its exposure to commodities in the third quarter according to a Reuters report from a few days back, via MetalMiner.
This could be a sign that they believe dollar weakness has run its course, or at least that it has become too crowded in the near term.
MetalMiner: The change is reflected in two ways, first, a reduction of 32% in their VaR (value at risk – the sum of money a bank is willing to lose in one day of trades) to $27 million and a reduction in hirings for the commodity department. Of course their change of approach does not preclude them from coming back into the market next year but it supports our own position this last two months that further price increases are unlikely and the fourth quarter could see a drop back in prices as demand fails to materialize as hoped.
Read more here.
b4 correct its warrant is at 0.145 when GAR is at 0.455
Now GAR is at 0.455 but its wts only at 0.12.. any comment on this?
if GAR break 46.. enter..
DYODD
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21.10.2009 - Closing Crude Palm Oil Quotes
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| Price: MYR/ton |
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Month
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Close
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Previous
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Change
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High
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Low
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Nov ''09
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2174 |
2182 |
dn 8 |
2188 |
2172 |
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Dec '09
|
2168 |
2183 |
dn 15 |
2176 |
2155 |
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Jan '10
|
2168 |
2180 |
dn 12 |
2175 |
2154 |
|
Feb '10
|
2165 |
2183 |
dn 18 |
2175 |
2156 |
|
Mar '10
|
2167 |
2188 |
dn 21 |
2167 |
2155 |
| A total of 14,436 lots of CPO were traded on the BMD, versus 12,946 lots Tuesday. Open interest stood at 84,110 lots Wednesday, down from 85,182 lots. One lot is equivalent to 25 tons. |
Red hot futures .. hehe
sold at 0.50
where can long???
risktaker ( Date: 20-Oct-2009 16:42) Posted:
Someone is playing this baby :)
angang ( Date: 20-Oct-2009 16:39) Posted:
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let wait for the good... news..
is rising
hahaha |
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Someone is playing this baby :)
angang ( Date: 20-Oct-2009 16:39) Posted:
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let wait for the good... news..
is rising
hahaha
hp3000 ( Date: 20-Oct-2009 14:49) Posted:
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Palm oil gained for a third day and traded near its highest level in almost six weeks as crude oil exceeded US$80 ($111) a barrel for the first time in more than a year, increasing palm’s attraction as an alternative fuel.
“The entire oilseed complex is upbeat about rising crude oil prices,” said Harish Galipelli, head of research at Kochi- based JRG Wealth Management, which advises traders. “Crude oil is getting costlier, which will push up demand for biofuels.”
Palm oil may climb to 2,300 to 2,350 ringgit ($972) a metric ton in the next two weeks, Galipelli said in a phone interview today. The cooking oil has gained 30% this year, less than half the 79% advance in crude.
Palm oil for January delivery rose as much as 0.9% to 2,216 ringgit a ton today and traded at 2,204 ringgit by the midday close at 12:30 p.m. on the Malaysia Derivatives Exchange. Crude oil was up as much as 0.6% to US$80.05 a barrel in New York and traded at US$79.75.
Soybean oil was 26% more expensive than palm oil, up from 9.7% on May 13, according to Bloomberg data, increasing the appeal of palm for cooking.
Exports of palm oil by Malaysia, the second-biggest producer, grew 1.8% in the first 20 days of October, independent market surveyor Intertek said today. A total of 812,095 metric tons were tracked from Oct. 1 to Oct. 20, versus 797,929 tons in the same period in September.
The 2,216 ringgit high for palm oil futures today was 4 ringgit below the 50-day moving average of 2,220 ringgit, according to data compiled by Bloomberg.
Exports from Indonesia, the largest producer, dropped 16% to 1.36 million tons in September from the previous month as local markets were closed for several days because of religious holidays, according to Susanto, marketing head of the Indonesian Palm Oil Association.
Shipments in the first nine months gained 16% to 11.4 million tons, the trade group said yesterday. |
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let wait for the good... news..
is rising
hahaha
hp3000 ( Date: 20-Oct-2009 14:49) Posted:
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Palm oil gained for a third day and traded near its highest level in almost six weeks as crude oil exceeded US$80 ($111) a barrel for the first time in more than a year, increasing palm’s attraction as an alternative fuel.
“The entire oilseed complex is upbeat about rising crude oil prices,” said Harish Galipelli, head of research at Kochi- based JRG Wealth Management, which advises traders. “Crude oil is getting costlier, which will push up demand for biofuels.”
Palm oil may climb to 2,300 to 2,350 ringgit ($972) a metric ton in the next two weeks, Galipelli said in a phone interview today. The cooking oil has gained 30% this year, less than half the 79% advance in crude.
Palm oil for January delivery rose as much as 0.9% to 2,216 ringgit a ton today and traded at 2,204 ringgit by the midday close at 12:30 p.m. on the Malaysia Derivatives Exchange. Crude oil was up as much as 0.6% to US$80.05 a barrel in New York and traded at US$79.75.
Soybean oil was 26% more expensive than palm oil, up from 9.7% on May 13, according to Bloomberg data, increasing the appeal of palm for cooking.
Exports of palm oil by Malaysia, the second-biggest producer, grew 1.8% in the first 20 days of October, independent market surveyor Intertek said today. A total of 812,095 metric tons were tracked from Oct. 1 to Oct. 20, versus 797,929 tons in the same period in September.
The 2,216 ringgit high for palm oil futures today was 4 ringgit below the 50-day moving average of 2,220 ringgit, according to data compiled by Bloomberg.
Exports from Indonesia, the largest producer, dropped 16% to 1.36 million tons in September from the previous month as local markets were closed for several days because of religious holidays, according to Susanto, marketing head of the Indonesian Palm Oil Association.
Shipments in the first nine months gained 16% to 11.4 million tons, the trade group said yesterday. |
|
Palm oil gained for a third day and traded near its highest level in almost six weeks as crude oil exceeded US$80 ($111) a barrel for the first time in more than a year, increasing palm’s attraction as an alternative fuel.
“The entire oilseed complex is upbeat about rising crude oil prices,” said Harish Galipelli, head of research at Kochi- based JRG Wealth Management, which advises traders. “Crude oil is getting costlier, which will push up demand for biofuels.”
Palm oil may climb to 2,300 to 2,350 ringgit ($972) a metric ton in the next two weeks, Galipelli said in a phone interview today. The cooking oil has gained 30% this year, less than half the 79% advance in crude.
Palm oil for January delivery rose as much as 0.9% to 2,216 ringgit a ton today and traded at 2,204 ringgit by the midday close at 12:30 p.m. on the Malaysia Derivatives Exchange. Crude oil was up as much as 0.6% to US$80.05 a barrel in New York and traded at US$79.75.
Soybean oil was 26% more expensive than palm oil, up from 9.7% on May 13, according to Bloomberg data, increasing the appeal of palm for cooking.
Exports of palm oil by Malaysia, the second-biggest producer, grew 1.8% in the first 20 days of October, independent market surveyor Intertek said today. A total of 812,095 metric tons were tracked from Oct. 1 to Oct. 20, versus 797,929 tons in the same period in September.
The 2,216 ringgit high for palm oil futures today was 4 ringgit below the 50-day moving average of 2,220 ringgit, according to data compiled by Bloomberg.
Exports from Indonesia, the largest producer, dropped 16% to 1.36 million tons in September from the previous month as local markets were closed for several days because of religious holidays, according to Susanto, marketing head of the Indonesian Palm Oil Association.
Shipments in the first nine months gained 16% to 11.4 million tons, the trade group said yesterday.
please note that macd line is a lagging indicator
do not follow macd line if u want to make alot,follow if only u have no direction
GAR is still in its correction phase,despite today's upbar.
Also, notice that today's upbar is on low vol as compared to previous few day's vol.
i'll wait out for GAR to complete the correction phase and buy when there's a buy signal (MACD,stochiastic crossovers).
Big Boys are the correct terms :) They usually trade in terms of millions if they happen to enter the baby
sunnyB ( Date: 19-Oct-2009 21:51) Posted:
Hello BeeBee, i'm also pretty new here. BB should mean "big buyers" or sometimes in layman terms, it's "big fish". "Big Buyers" may mean huge financial institutions that can have big influence on stock prices when they buy or sell their holdings in certain stocks. Please correct me if i'm wrong.
Beebee ( Date: 16-Oct-2009 11:33) Posted:
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Hi Sunny8, thanks for the info... Tried to buy in at 0.435 last friday but could not get it... Still in the same range no much movement today.....
Hello BeeBee,
i'm also pretty new here. BB should mean "big buyers" or sometimes in layman terms, it's "big fish". "Big Buyers" may mean huge financial institutions that can have big influence on stock prices when they buy or sell their holdings in certain stocks.
Please correct me if i'm wrong.
Beebee ( Date: 16-Oct-2009 11:33) Posted:
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know the range :) should be still ok to go in if you havent
risktaker ( Date: 14-Oct-2009 00:04) Posted:
BB should be playing GoldenAgri around 0.40 - 0.55 range.
So When it reached low $0.40 die die go in
High $0.50s can short liao.
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???
angang ( Date: 19-Oct-2009 16:39) Posted:
| bought at 0.44... wrong move............. |
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bought at 0.44... wrong move.............
Then what's the view for this ocunter?
Morgan Stanley gives out buy calls T.P 0.55
