Aguytrying wrote:Wazua is very quiet nowadays. some people have simply gone MIA(missing in action)- i know you know. I now fear for kenol kobil. last day its cum dividend and look at the trades. tepid. Monday, i cant wait for Monday. International oil stocks in Asia took a beating today. Though i dont quite think their trend is tied to kk. coz kk is doing very well business wise. And oil prices are falling, the report as if its bad news.... maybe for them. Monday for you we await.
With the world markets all down. European markets nearing a 2 year low, DJ is just but another story, Europeans & Americans have got access to cheap debt & still don't want to invest or even take up some even sitting on tonnes of cash. For me 10% stop loss is enough instead of waiting till the market goes 30% in the red. With my cash in the money market i sleep well at night & recouping a minor loss will not be as hard thus retaining my capital & gains made last year. I guess guys are still waiting to really see a double dip recession in the global markets so as to scatter. When guys dump risky assets, you should always have your eyes wide open, both Nymex & Brent crude September prices went down too...I guess more will be MIA.
'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary