It breaks 3.8

[Sentinel]

The stock market is actually at a good situation for making some short-term profits... just don't be too greedy and make sure your remisiers are on their toes and provide good feedback and watch them counters... better still look at the screen every now and then yourself while doing your work.... once you're in and once you get what you wanted, get out.... and keep on doing that to 6-8 counters everyday... hahaha

That is why always buy a Blackberry Passport for your remisier's next birthday... and teach him how to use BBM...

[Henry T]

How Petrodollar come into being.

[kuma]

How Petrodollar come into being.

The only thing that propped up the Petro$ was US military might.....its about to change


'Three Obvious Signs The Entire System Is Changing'

"When I was a kid the United States was the undisputed dominant superpower in the world......US geopolitical, economic, financial, and military power was completely unchallenged"

"Now it’s a completely different story. The entire system is changing."

>>Read in Full Here<<

[kuma]

The stock market is actually at a good situation for making some short-term profits... just don't be too greedy

UPDATE:Trending @10pm....


Apparently..... I've been told that I'm Dr.Doom of USJ Forum .....so then.....I shall not let you down


'Market Expectations Of A Stock Market Crash Have Never Been Higher'



"Skew measures the perceived tail risk of the market via the pricing of out-of-the-money options"

"Generally, a rise in skew indicates that 'crash protection' is in demand among institutional investors"

>>Read More @ZH<<


'Highest Ever Likelihood Of A Black Swan Event Taking Place Over The Next 30 Days'

>Read Here@ KWNews<

[Henry T]

The RM is recovering.

http://www.maybank2u.com.my/mbb_info.../BTRE-Treasury

http://www.xe.com/currencycharts/?fr...to=MYR&view=5Y

[Naka]

Yes, Aussie Dollar is climbing back too..............

[kuma]

The RM is recovering.

http://www.maybank2u.com.my/mbb_info.../BTRE-Treasury

http://www.xe.com/currencycharts/?fr...to=MYR&view=5Y

There are always 2 sides to every story.

“Current sentiment is still positive for the ringgit and the new demand came as some foreign funds start re-enter Bursa Malaysia,"

>>Read 'Ringgit Soars Against USD' @MKini<<

Yes, Aussie Dollar is climbing back too..............

But I'm looking at this, for that 'Soar'.....wonder what 'sentiment' when all up :


'Is This The "Death" Of The Dollar?'

"For the first time since September 2013, The USD Index just signalled a "death cross."

>>Read Here<<

[kuma]

2 days is considered as a very long time in today's market....Get used to 'volatility', [today's 'in-word']


'EM FX Party's Over: Dollar Rallies'

"After two days of relative USD carnage in and across the emerging and asian FX markets, early AsiaPac trading this evening is seeing that trend revert with the Ringgit, Rupee, and Lira sliding."

"Aussie miners are under pressure with Iluka Resources getting hammered on "excess capacity" warnings."


[The USDollar is rallying against Asian FX]

>Read More Here<

[kuma]

"We might be at the beginning of a lost decade.”

"The economy is “holed below the waterline,” said Andrew Harding, a law professor at the National University of Singapore."

'Meet Malaysia, the new Brazil.'

>From Bloomberg Read@Mkini Free Here<

[kuma]

Our thoughts, as expressed often here is now confirmed

'Ours is a blessed nation, says PM'

“We are after all, a blessed nation."

>>Read More Here<<

[kuma]

What happens when you put Freddie, a middle class frog in a 'croak pot'?? ......on 'slow boil'!!


“So you have to decide. There is always a trade-off because of limited funds,”

'PM: Less BR1M if no toll hike'

>>Read@MI Here<<

[kuma]

We are not alone! And I'm not referring to Aliens! ......BTW, note that this is Zambia, not Zimbabwe.

‘God have mercy on the currency’

Zambia holds national prayer day to hold Kwacha from record drop

"Sunday saw a nationwide day of prayer in Zambia as president Edgar Lungu called for a divine intervention to save the African country’s currency, Kwacha, from a record drop......"

"The authorities turned to God after the country’s economy experienced a host of problems, which caused the national currency, the Kwacha, to plummet against the dollar by a record 45 percent in 2015."



Zambia's President: “Anxiety and distress prevail throughout the land,”......"I personally believe that since we humbled ourselves and cried out to God, the Lord has heard our cry"

"God is a god of miracles and if we ask him, he will bless us and the kwacha shall be restored to its former strength and the prices of goods shall again go down," Bishop Simon Chihana.

Zambia is a resource rich nation[know any other? ].....When the 'politics' fails....There's always God

>>AFP report - Read More @RT Here<<

[kuma]

One of the 'side effects'

'Putrajaya expects crime surge as economy slows down'

"Crime rates could increase over the next two years as the economy slows down, Deputy Home Minister Datuk Nur Jazlan Mohamed said"

>Read More Here<


So......he's effectively telling you to expect a slow down for 2 years

[kuma]

And while we were out for dinner......

Self explanatory....


'Ringgit extends drop as Maybank predicts higher taxes in budget'

>>Read Here@MI<<

[bslee]

Even a canned tin of Cap Ayam Sardine is now at RM7.79. Nearly 8 bucks!
No more poor or rural man's food! I was thinking of Sardine sandwich for dinner today, but seeing the price...Nahhhhhh! I guess its plain bread + local butter minus anything..and kopi O!

Just seen at Speedmart99 at 7.15pm today, and I reckon that's about the cheapest price shringgit can buy!
So what is Shringgit 10 bucks worth nowadays..finish in a flash! 10 bucks was still something in the 80's 90's.