New Index Future Trading

This will be my new thread for index futures trading, but i would say not easi to post all the movement here, so when entry by preset earli will psot here, if entry by reactionary sudden movement i wouldn post here, use chatbox much easier

Today oledi done position (post in chatbox):
Long 1528.0 x5 Closed 1530.5 = nett earn 500 after less commission
dow future stand at +96, seem like tonite will up, then our market follow up tomorow could reach 45 area
Shorties hati hati

huat ahhhhhhhhhhhhhhhhhh

tonite no big data onli got dennis lockhard speak, this arr dennis lockhard is pro-QE people, beware he give arr market dream then may up alot
currently IG stand at -16, ADR stand at +22, willl hong kong stand consider flat closing today, seem like tomorow head for flat open unless evil american up alot tonite oso our bursa malaisie oeldi up this afteroon jalan duluk if tonite evil american no big up most likely open slight up or even flat
in europe front this greece are this few day seem tukar style more cooperative even oposition leader apa nama say want to stay in eu, france sociallis leader apa nama oso say recognice need to work together with eu leaders to tackle economy diffrence from earlier say, so likely market will respond positive and arr lastly dollar index now weakening, good for equity market.
xDD

phoenix777 wrote:huat ahhhhhhhhhhhhhhhhhh

huat arr

came across this...thought of sharing...

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dont mind me kppl did you read "reminiscence of a stock operator"?

haven't read wo...any good?

indeed a must read , i must say

any position today?

Wonderful World wrote:any position today?

havent yet cant see tru

Europe's Big Fat Greek Heart Attack
A diet can't save them now. Time to get that defibrillator ready.

BY MOHAMED A. EL-ERIAN | MAY 21, 2012
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Imagine being told that you will likely suffer a heart attack, yet not how big it will be or how serious. If you could get your arms around the enormity of the news, you'd want to know whether your body could stand the shock and what the aftermath of the attack would look like.

This is exactly what is going on today in policy circles -- and beyond -- as the world monitors the developments in Greece with a growing feeling of helplessness and concern. Recognition is spreading that Greece faces the rapidly rising probability of another default and, critically this time around, a potential exit from the eurozone. And governments in Europe, and increasingly elsewhere, are wondering what this means for them.

Turmoil in Greece is, of course, nothing new. For more than two years, this once-proud member of the eurozone has stumbled from crisis to crisis, with mounting social costs and deepening economic and political dysfunction. That said, the situation did take a nasty turn for the worse last week as reports surfaced of ordinary citizens rushing to pull their money out of domestic banks, fearing for the safety of what remains of their savings.

The question now is whether the policy response is able to step up to this further twist in the protracted Greek tragedy, especially as bank runs can easily get out of control. If policies lag again, this will increase the probability that Greece would be forced not just to default again but also to exit the eurozone -- what is now called a "Grexit." If that scenario unfolds, Greece will face the prospect of an even deeper and longer economic, financial, political, and social implosion -- and the world would face significant risk of collateral damage.

In public at least, European governments are standing firm about their desire to avoid a Grexit. This sentiment was stated again during last weekend's G-8 summit. But words are not enough. The governments of Europe must urgently find a way to reassure Greek depositors that their country's continued membership in the eurozone is not just desirable but also, and critically, feasible. After all, it is hard for these depositors to believe even the most reassuring words at this point -- when national politics is so messy, jobs are rapidly disappearing, and European partners are visibly and repeatedly hesitant about sending the country checks.

And the dangers are real. Should Greece be forced to exit the eurozone, it would do so without a mechanism or a precedent. Indeed, with its probability continuing to increase, a Grexit would likely prove expensive and disruptive -- and not just for Greece. Virtually every other country in the world would feel an impact -- economic, financial, or both.

A Grexit would be sure to contract further European demand, increase risk-aversion, and raise serious questions about the health of some banks and their customers. It would be a shock that would certainly dampen global growth -- but right now, it's still hard to make accurate predictions about what its magnitude and duration would be. Thus, given the degree of uncertainty, it's critical that governments -- and not just those in Europe -- make arrangements to minimize and absorb the external disruptions that could stem from a disorderly Greek exit.

Unfortunately, many countries' defenses, both monetary and fiscal, are already run down as they continue to deal with the domestic aftershocks of the 2008 global financial crisis. This is especially true for the larger European economies that are struggling with their own debt and banking challenges (such as Italy and Spain). It is also the case for the United States, where hesitant growth and political polarization undermine the safe de-levering of still-overindebted segments of the economy. Even China is slowing -- due to both immediate overheating and longer-term institutional and systemwide economic transitions.

Should Greece exit the 17-member eurozone, it is disconcerting that no other part of the global economy is in a position to step in and fully offset the resulting waves of disruptive global contagion. Meanwhile, neither regional nor multilateral coordination mechanisms can fully compensate. That said, there are a series of steps that can and should be taken now to make sure that the shocks are both temporary and reversible.

Europe needs to urgently find ways to fortify internal circuit breakers that reduce the risk of Grexit contagion becoming a self-reinforcing phenomenon, with key leadership provided by the governments of the four largest economies (Germany, France, Italy, and Spain). This involves urgently strengthening internal firewalls, enlarging emergency financing windows at the European Central Bank, establishing the basis for eurozone-wide deposit insurance, and providing a proper institutional framework and plan for channeling co-financing from the rest of the world. In addition, to simultaneously secure the underpinning of what would remain of the eurozone (which could possibly be fewer than 16 countries), fiscal and growth compacts would need to be accompanied by a better policy mix at the national level as well as a more sustainable regional political integration process that lifts damaging leadership and legitimacy constraints. Finally, should Greece exit the eurozone, Europe must find a way to keep the country within the 27-member European Union, providing it also with stabilization funding and technical assistance.

Political leaders have little time to waste if they wish to reduce the immediate disruptive impact of a Grexit -- which, increasingly, seems inevitable -- and to make the messy aftermath more manageable. Recent history suggests that they are not nearly as prepared for this eventuality as we might think. Indeed, with European leaders having spent so many summits and meetings thinking about the eurozone's ill health, they won't have anyone to blame but themselves if they're not ready with the defibrillator when the heart attack does occur.
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aam wrote:

Wonderful World wrote:any position today?

havent yet cant see tru

position today arr S1544.5 x3 oledi closed at 1541.5
Now still holding L1541.0, queing to clear

+1 for good read

Master Sim Weekly Market Feng Shui
本周的日子預測如下:

周一(乙亥日):天干屬木地支屬水,水生木之局,大市仍反覆,尾市或回軟。 mon. weak

周二(丙子日):天干屬火地支屬水,水火交戰之局,先升後回。 tue. rebound

周三(丁丑日):天干屬火地支屬土,火生土之局,丑為金庫,有助大市回升。 wed.continue rebound

周四(戊寅日):天干屬土地支屬木,木剋土之局,大市現震盪。 thursd. rangebound

周五(己卯日):天干屬土地支屬木,也是木剋土之格局,預期市況將呈弱勢。fri. weakening.

weekly words: 不宜過分進取 do not be too agressive

Cals wrote:+1 for good read

tq!

Facebook IPO:

aam wrote:

aam wrote:

Wonderful World wrote:any position today?

havent yet cant see tru

position today arr S1544.5 x3 oledi closed at 1541.5
Now still holding L1541.0, queing to clear

Great !![You must be registered and logged in to see this image.]

today trades:
S44.5x3 cleared at 41.5 earn rm375 after less commission
L37 x3 + L41 x3 still holding now =.=""

today must que earli earli

short position?

cut liao all long position at 33& flip trade
now is S33x8

aam wrote:cut liao all long position at 33& flip trade
now is S33x8 [You must be registered and logged in to see this image.]

didn't close at 28 just now?

Wonderful World wrote:

aam wrote:cut liao all long position at 33& flip trade
now is S33x8 [You must be registered and logged in to see this image.]

didn't close at 28 just now?

i que earli at 8.30am flip 33, then i tutup computer drive to work arr, today late to work dy sakit kepala

aam why new index futures? old one not nice meh? [You must be registered and logged in to see this image.]