hi, Dunknow,

will chat with you sooner,

all the best and wishing you making lots of monies...

hi, Duit, I am fit as a fiddle, thanks god....

hope you are fine and making lots of monies recently....

wow, you are very up to date on Myammar... hihi, a bit of involvement over there recently, .... the political atmosphere may be better after the upcoming Election..... i hope so......

I am now with some buddies, and will chat with you later,....

looking forward to hearing and meeting you shortly...

All the best ....

good night dear

ah Con angel, ah Duit , and many beautiful ladies and handsome gentlemen here.......

I have been missing you all for ages.... hihi, just coming back from somewhere and now in KL where all my darlings are dwelling in happiness....

You must have gathered tons of purple notes loooh, as now the KLCI is going to see 1700 again ????

Will chat with you later, and wishing you all the best

good night and sweet dreams

good morning to you all,

ah Con, ah Duit, tsy88, and many many buddies here,

I have not been here for ages, missing you all lor...

Aiyyoo, that may be the seismic waves and tornado for A-ji-korr , BNM, RM, BURSA near term.... , may God saves Our Malaysia....


http://www.bloomberg.com/news/articles/2015-09-23/do-malaysia-south-africa-deserve-junk-moody-s-model-says-yes?module=TopNews&position=11_reaction

Wishing all huat huat huat everyday .... and be happy always,

Good day to you all,

ah Con, ah Duit,....... and many many more ,,,, huat huat..

Tomorrow Monday here ,... The bolehland Bomoh boys must have a hard working day to defend the 1500 , and USD/RM may go 4.5000 near term, as Oil wants to kiss the 35 target soonest......


Further thoughts on China and her impact on Global market...

There is no question that the strength of the Chinese economy, measured in things like manufacturing output and GDP growth, is slowing down. The issue, rather, is to what degree this is the case. Some years ago, economists were debating whether the Middle Kingdom was heading for a hard or a soft landing. In other words, whether economic growth would normalize or grind to a halt. Following the stock market rout in Shanghai and Hong Kong, the discussion has flared up again.

The definition of a hard or soft landing differs between economists, but one of the more workable definitions of a hard landing is a rapid slowdown in GDP growth from double-digits to the low singles. Some commentators have pointed to the meltdown in Chinese stocks as a sign of a hard landing, but this view is erroneous following the definition above. Weakness in stocks should in theory be a consequence rather than a predictor of slowing economic growth.

Unquestionably, the 7% growth in 2015 GDP projected by the Chinese government is lower than the 10.6% growth the country posted in 2010, the last time it notched a double-digit gain. However, we are still far from low single-digit GDP growth. Even a rather gloomy prediction from Goldman Sachs, estimating GDP growth over the next few years at 6.4%, 6.1% and 5.8%, is not putting us in the low singles any time soon. Trading Economics is projecting GDP growth of 5% in 2020, and 2050 GDP growth of 3.3%. If it indeed takes China 35 years to start hitting the low single digits, I think we can call China's landing a soft one.

Even if Goldman's prediction turns out to be correct, China's 2016 growth will still be more than twice as high as that of any developed economy, including star players like the United States and the United Kingdom, which are expected to clock in at 2.8% and 2.6% respectively for the year.

Another headline number that analysts have been fretting about is the slowdown in Chinese manufacturing, the manufacturing PMI dropping to 47.3 for the worst performance since March 2009 and the sixth consecutive month of declines. However, many seem to forget that the service sector is still expanding fairly rapidly, in keep with the government's policy to move towards a more sustainable service-based economy following the model of high-income countries.
According to psychologists, we as humans have a number of cognitive biases that can impair our ability to rationally appraise situations. One of these is the status quo bias, in which we tend to view the current state of affairs as preferable and any deviation from it as a loss. It may be the case that we are letting this bias cloud our judgment regarding the Chinese economy.

Although double-digit growth rates in China were of course a delight for investors and watchers of the global economy, it was clear from the outset that that kind of growth could not have gone on forever. And while China's economic expansion may be slowing down more than we would like, even a brief glance at the headline numbers shows that the country is still recording massive growth. In any case, these are certainly not the kind of numbers that would justify the Dow Jones' biggest one-day intraday point decline in history.
As such, it seems as if we have simply been spoiled by China's spectacular run of GDP growth. Having come to regard this as the norm, the slowdown, although a natural sign of a maturing economy, is regarded as a disaster and met with a tantrum on the part of investors who forget that a normalization of growth is better than an overheating economy.
..

Global markets are reeling from a meltdown in Chinese stocks, following a period of explosive appreciation which many regarded as a bubble, and worries over a slowdown in China's economic expansion. However, with the country still on course for a soft landing, recent stock market jitters may be more of a response to our own preference for the current (or recent) state of affairs rather than a genuine reflection of economic fundamentals.


The routing of recent Global markets seems to be stabilized and volatility is to be tamed after the decision made by Fed in Sept.... However, Bursa problem is unique which is decoupled from all Global markets,.... Aaiyoooo, , May God bless our country.

Wishing you all huat huat everyday... and be happy always

hi, GM to yongyou, tsy88,

ah con, ah duit, and All all here in CC house,

Wishing you all huat huat huat lor........, all callies and putties...

these are the views of others on Malaysia..

http://www.ft.com/cms/s/0/96d3f610-50bb-11e5-8642-453585f2cfcd.html#axzz3kcmtOrMX
http://www.reuters.com/article/2015/09/02/malaysia-ratings-fitch-idUSL4N1181RG20150902
http://www.forbes.com/sites/greglopez/2015/09/02/anticorruption-reform-in-a-setting-of-widespread-corruption-the-case-of-malaysia/
http://www.channelnewsasia.com/news/asiapacific/malaysia-pm-urged-to-come/2094784.html
http://www.ft.com/intl/cms/s/0/a269b408-5159-11e5-9497-c74c95a1a7b1.html#axzz3kcmtOrMX

May God Bless our country Malaysia,

May God bless you all, be happy and huat huat huat everyday

hihi, a hectic day indeed.....

Good day to you all, ..........

Good buy and huat huat huat to all putttties.. put put....

May God bless you all,,,

hi, ah duit, ah con, and many many more here, huat huat huat .......

Bomoh boys have done a good job indeed ....., hahaha, however, they have no means to prevent rioting of the oil price which may draft back to $35 zone sooner,.... , klci @1500 shall be strongly supported unless there is another melting down in the Global markets near term ....

Some thoughts on China economy , one of the key pillar in Global market--
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After the death of Mao Zedong, Deng Xiaoping spearheaded the growth of China's economy. By opening up to the rest of the world and adopting certain market economy applications, China's economy became one of the fastest growing economies in the world, with GDP growing from roughly $216 billion in 1978 to over $10 trillions in 2014.
This vast economic growth was spurred on by low-cost exports and investment into infrastructure led by the state. The manufacturing sector led the way in exports, with wages being subdued in order to remain competitive. Additionally, the state suppressed interest rates, thus allowing for investment in both manufacturing and infrastructure to flourish, with cheap credit flowing in from state controlled banks where most citizens deposited their savings.
During the initial sell-off back in June, as some investors predicted, the government stepped in to manage the fall. Interest rates were cut, IPOs were arrested, short-selling was eclipsed, trading was halted in 90% of shares, pension funds promised to buy more shares, and a fund was created by brokers in order to purchase shares. These measures did help to keep markets stable for a little while, though that didn't last very long. As a response to the slump last week, the People's Bank of China (PBoC) cut its benchmark interest rate last Tuesday and further reduced banks' reserve requirements.
Despite the poor performance in Chinese markets as of late, that does not spell immediate doom for the broader economy. Admittedly, unlike many other rich nations, the stock markets are not greatly correlated with China's economy. While the value of shares in most rich countries exceeds GDP, shares in China value roughly only a third of GDP.
Nonetheless, China's economy is not in great shape. The government claims that the economy is growing at 7 percent, though most would take that figure with a grain of salt. Weakness in China has caused commodity markets to take a large hit, with a basket of commodities reaching their lowest level in over 15 years. China intakes about half of the world's aluminum, steel and nickel, while roughly a third of its rice and cotton, thus any movements in China's economy will certainly affect the commodity markets. Commodity driven economies are definitely feeling the hit; just look at the shape of the economies and currencies of Brazil, Russia, Nigeria, and Malaysia, amongst others.
Unexpectedly on August 11th, China devalued its currency. Some immediately believed that the move was to help propel the lagging export sector, though China is more focused on shifting away from an export and infrastructure led growth model to a consumption driven one. The renminbi will now align itself with closing spot rates , but still move within the 2 percent band as set before. This reshaping of the currency will allow market forces to play a larger part in determining the currency's value, though the state still has power to intervene.
In order to keep the economy going, China must continue to move towards a free economy, unlike the current planned economy today. As the middle class continues to grow, they should be given an opportunity to invest in assets other than low interest rate deposits, an oversupplied real estate market or highly inflated stocks. Market skepticism will continue if the state can halt trading in shares and place other heavy handed restrictions on trading, and as seen recently, state interventions do not necessarily result in stability. Markets will not reach their full efficiency or potential if the state continues to interfere. Even if the Communist Party does revert to a free economy, do not expect China to continue to grow at high rates. Drawing from the law of large numbers, as the years go on, growth rates will likely fall to an average value in the low single digits, as seen in much of the developed world today.
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good night, sweet sweet sweet dreams and be happy always

2-bits,

The current klci levels are critical for Ajikor boys who are working very hard to save the PM job as well as the economy of the country ....,the RM downfall and the unstable Govern Bond which may be in danger of default if mass exodus effected.

Normal EW can't work well under the influence of Ajib boys,.. I am talking on the potential political and economical consequences associating WITH the financial markets herewith.

1525-1590 is what they are working for.... , below 1500 is very unlikely near term,... and above 1600 is unlikely too,. the above are my opinions only....

happy trading and see you later

hi, gm to u all,

ah con, sweet sweet, I can smell your sweetness today, must be happy counting Ringgits lor.... hahahah...

happy trading

dk,

he is not a ghost, but a little kid lor.... why be scared??... hahaha, may be he is a psyche or "ah kuar"..... nobody knows wor....

haha, Ajak, .... a "God"... ??? I am laughing till my stomach crying for pains lor.......

may god bless you all, will chat with you all later

good bye and happy trading

ah con,

I am looking at it now... I think 1525 is a good support level by Ajikor boys, and it is unlikely that 1500 is to be broken near term, .

1525-1590 will be the bomoh's surfer favorites right now....

haha, may all huat huat....

tsy88,

I think ah con is sad on the remarks being posted by the MM office boy "Ajak", that kid is a noti one which declared himself as God, ... haha, may be he is in deep shit yesterday, losing few hundred bucks and crying in Petaling black street looking for buyers to sell..... hihi.....

be happy and huat huat always

ah con, tsy88,

I always view ah con as a glamorous and sexy wave surfer with G-string suits, hahaha...

be happy and be loving always, babes

hi, ah con,
you are too early...

wow, since when you hv been upgraded to mama???

AIYOO, you must hv many babes lor....... kiki

be happy always

tsy88,

We seldom trade Stocks/.... But indices , as they are less subjected to selective manipulation ......, AND we love trading with overall trend and mass sentiments....., my favorites...

however, klci is really exceptional, Bomoh boys are there always lor... hahahahh

May god bless you All.... happy trading

Good morning to you,

yongyou, tradder88

be happy and huat huat...

tsy88

you are spot on, hihi....

ah con can ride the Bursa waves well with her new Bursa klci futures account opening lah...

the waves out there are always rough but exciting lor......

be happy and huat huat huat.......

hi, tsy88,

you are the early eagle... haha,

may you be happy and huat huat daily .....

ah Con,

a real classic EW's on s&p 500, dji, and Shanghai , hihihiiiii, beautiful......

ajikor boys will work hard again today, don't worry wor.... hahaha

may God bless you all , and wishing all here huat huat huat....

Woooww, riding waves are exciting and risky everywhere lor,..... hahah, be alert and cautious , daring and adventurous..... and charming always....

Wishing u all Huat huat huat lah.....

ah con, Duit, yy, dk, cap TM , rchi, 2-bits, tsy88, .....and many..

Fight fight fight............, some reading before going war front lah shortly.......,,,,
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haha, China cuts rate. lor....

http://www.rte.ie/news/2015/0825/723349-economy/

http://www.forbes.com/sites/greglopez/2015/08/25/the-unfortunate-case-of-malaysias-prime-minister/

http://www.cnbc.com/2015/08/24/goldman-sachs-a-global-recession-is-very-unlikely.html

http://www.businessinsider.com/this-is-how-fragile-the-global-economy-is-right-now-in-two-sentences-2015-8?IR=T&;

http://www.mining.com/graph-stop-panicking-about-china-and-mining/

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chat with you again,,,,
May God bless you all , be happy

ah duit /ah con

if u have time, go Bursa to check how to be MM,(I am serious)(Qualifications,required Deposits....etc etc ) then we group all the cc house resources and issuing "ConDuit" Put and Call wa lah... hihii, .... that may be my next project....

see you again

ah Duit,

I hv closed some klci futures prior to market opening, hihi, some shorties hv been thrown too ... hihi, ... manage to make few RM notes for BKT tomorrow in PK lor...

HAPPY TRADING

ah duit, you are spot on lor,...

must save more now to hv more capitals to trade mah..... hahaha...

happy trading and huat huat huat....

ah duit, GM = good morning lor.......

what is in your mind....... ??

haha, may God bless you all, and huat huat huat....

ah duit, GM,

will chat with you later,

be happy always

trustme932 Cap.

Good morning.. oooh, I see.... ,

We have one our record futures trades yesterday with our buddies, that was crazy , as over 1800pts (dji) in Roller- coaster waves within 3 hours..., may get heart attack if we continue to execute this type of waves...

To all in cc house,, enjoy the TR here and be happy, wishing you all huat huat huat lor

see you lster

hi, good day to you all.....

Cap Tm , are you a Catholic ? haha......

ah con, Ajikor's boys are working hard...... kikiii

Happy trading and huat huat to you all

Hi, good day to u,

pharker

Yeap, you may be right, however, if you analyse the Bursa market for the past 10 days, if Ajikor boys were absent, the klci (cash) should have plunged below 1400,........... But now it still stands near 1531.

This is critical (my own opinion only) for pacifying the many Government bond investors , otherwise, their immediate exodus will result in an irreversible damage to the economy ....

May god bless this country and wishing all here fine always

Good night and sweet dream

hi, 2-bits....

hihi, almost lor, near 900 up/down, you will be surprised that EW is extremely powerful here on the 10M 15M, 30M, 1H time frames..... magical ...

chat with you later, good night and sweet dream...

ah con, brainy shawty...

yeap, 1500, I round it off to 10 ( hihi, your waves match mine lor...),... which is ok for the ajikor wave....

hope so as Ajikor must do it to save his job lah..... hihi

we will close all our live trades here at 11:30, and go for a seafood supper near Changi beach....

May God bless you all, Be happy always

good night and sweet dream

hi, good day to you all, ...

ah con, ah duit, ....rchi, DK, 2-BITS, Cap TM, ....

today the Top Pole Dance performers are Ftse , Dax, which are heavily stalked,..., @ next are the Dji, S&P 500, ... unexpected with such a high retardating speed and quantum , Almost all the above have reached our first TP.

Euros crosses shine as Dollar continues weakening......

Oil is looking at uncharted territory below 35, which is very negative for the depressed Bursa klci....., as USA/RM may be pushed down further towards 4.500...., ... As such, I expect the klci tomorrow will be hovering near 1500 which will be strongly defended by Ajikor boys.

... we are having a good live trading/training session here , as we have 17 trades running consecutively right now..... .. , haha, the net connections are almost jammed up by our buddies here... a really fun day for us.....

Happy trading and may God bless you all......

hi,... just hv a peep,

ah con, hahah, u are right and spot on lor,... The "aJ".. He is a ah-kuar lah...... hahaha, balls are missing too...... hihi

He must be losing by the hundreds bucks lor and jamping for Glory ???, hahaha

We hv a good day here....

happy trading

wowww,

stealing a few minutes to peep at cc house

Ftse ,Dax, CAC... are all gapped-down lor, ...

Yen crosses are flying as Risk aversion intensified, ... Euros relatively strengthened, as Dollars slips...

Oil is heading towards 35 as bearish momentum accelerates.....
It is a busy and hectic day indeed

kiki..... May god bless you all, happy trading

will be back here later,

bye and wishing you all the best....

ah con,

may be looking at the possibility of issuing a PUT and Call ourselves, hihi, I am checking on the requirements stipulated by Bursa... hahah

ah con, you are making fun of me lor....... hihi, actually they are the toys of the designated MM mah............

happy trading

hi, Good day to u all,
ah con, ah duit, tsy88, Dk, rchi,..Cap tm, ,,,and many many more here.....

Having lunch now with buddies,... hope all of you huat huat huat lor.... ooooh, note that Ajikor boys may only support it near 1500, not now.... as the Global situation is extremely bearish now lah..... , sigh sigh......... , Oil now has dipped below 39, and RM is looking at 4.3000, Please do exercise great care on call/put ..lah which are not my cup of teas......

Will hv Live trading sessions with my buddies here prior to London's Open..... , Hope to be back tomorrow morning.....

happy trading

hi, new alert, USD/RM, 4.239, as texted,

be happy, be huat huat...

hi, ah con

TM Cap,.... sorry , I am on my way to butz meeting....

But my handphone sent alerts... that oil is crashing down 39.50.... , I think Ajikor is to send out his Bomoh team soon.....

TM Cap, Aiyooo, The Bomoh boys don't need Risk management, Ajikor is the Financial head ( a Genius )mah.... haha, just a joke...
Cap TM , you must have counted many notes recently...

Will chat with you later...

Happy trading

Good morning to you all,

ah con,
Aiyooooo, Niagara Falls Kar ??..... hihii, where are the Ajikor Boys of Bomoh camp ???

May be they will appear (By the power of David Copperfield).. hahah, near 1500 ???.... haha

Need to go for some meetings, see you later, God Bless.......

May you all Huat huat huat lor.......

Duit,

I will chat with you more later, as I feel quite worn out, will see you soon,

Bye and sweet dream again...... be happy always

haha, Duit,

Genting Singapore. hihi, no time to go there lor... hsahaha,..

may be tomorrow try my luck lah, Roulette .. my darling game ....haha

haha, Duit,

I am not worried lor.... I only have a little bit of open positions on Shorties on KLCI futures, some pieces of Tenaga, maybank, cimb, Axiata... hihii,.... I trade very little here lah......

Will chat with you more, hahah,

Good night and sweet dream, Duit

Good day to you all...... ah Con , ah Duit, Tsy88, rchi, 2-bits,.... TM Cap, DK.... AND MANY MANY MORE in ah Con house.......

haha... tomorrow may be quite interesting to see the AjiKor's Boys perform the Bomoh tricks lor....., , may be clean Green and the only one market Not in red !! ..... hihii..,
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My thought on Bursa stocks/ Global equities...

China is slowing dramatically and the recent flash PMI data as well as the falling iron ore prices and lower consumer spending numbers continue to show that China's economy may be facing tough times ahead. Private sector debt levels in China are also higher than debt levels in U.S. banks were during the height of the housing bubble.

If growth in China continues to slow dramatically stocks will need to revalue at least 15-20% below current levels. The Bursa currently trades at 15x trailing earnings, a higher price to earning ratio than what stocks traded at in the bull markets of the 1990s and between 2003-2007.

To conclude, the market has been strong for several years, and equities have risen significantly in the last several months. If the stock market return to its 20 year average of between 12-13x forward earnings the market will decline another 15-20% and this recent sell-off will be seen a reevaluation of equities rather than a short-term correction.

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A bit tired now due to various meetings, having a cup of cool Deutsch beer prior to having a night's rest. now let's read some stories. ......................................



http://www.twincities.com/business/ci_28642293/real-world-economics-chinas-currency-policy-is-only

http://www.telegraph.co.uk/finance/economics/11813076/Global-currency-wars-why-Chinas-devaluation-is-a-peace-offering-misunderstood-by-the-world.html

http://www.reuters.com/article/2015/08/23/us-global-economy-idUSKCN0QS0EG20150823

http://www.marketwatch.com/story/treasurys-lew-warns-china-not-to-let-devaluation-get-out-of-hand-2015-08-21

http://www.japantimes.co.jp/opinion/2015/08/21/commentary/world-commentary/advent-yuan-diplomacy/#.Vdnibk0Vhdh

http://www.straitstimes.com/business/economy/malaysias-reserves-fall-to-6-year-low

http://www.oregonlive.com/opinion/index.ssf/2015/08/china_wants_more_power_than_re.html

http://www.business2community.com/world-news/chinas-economics-are-all-about-its-politics-01303050

http://www.theguardian.com/business/marketforceslive/2015/aug/20/ftse-100-falls-into-correction-territory-amid-global-economy-fears


May God bless you all, Happy trading and huat huat always.....

bye and Good Night, tatata.......

hi, tsy88,

ah Con ,ah Duit and all here....

now in Singapore, having a small glass of red wine prior to my dreaming session,....

Some light reading now.....

http://www.telegraph.co.uk/finance/economics/11808002/Yuan-devaluation-breaks-last-line-of-global-economic-defence-warns-top-economist.html
http://www.ft.com/cms/s/0/1ea8c24a-4267-11e5-9abe-5b335da3a90e.html#axzz3jYMLwBKw
http://www.financemagnates.com/institutional-forex/bloggers/why-the-world-thinks-that-finance-negatively-affects-the-world-economy/
http://www.wsj.com/articles/a-global-recession-may-be-brewing-in-china-1439764500
http://www.theguardian.com/business/marketforceslive/2015/aug/20/ftse-100-falls-into-correction-territory-amid-global-economy-fears

good night and sweet dream ......ttatata...

an Con, Rchi, 2-bits

see you later as I hv to leave for Singapore for a short Butz trip, will be back on next Monday

be happy and God Bless

Aiyoo, sifu rchi, don't call me like that please

I think China shall maintain her 3500 level for sometimes as they have many bullets..... however, her obvious weakening economy may add more burden to Malaysia export....,

Bursa may be well supported at the 1500 level for sometimes... as ajikor must save his job.....

haha, Aj

wow, so you are a millionaire trader lor..... congrat..congrat..

Do you know how many traders in this CC house having more than 10 times your winning in total ??

haha, life possibilities and challenges are unlimited...sky is the limit, be humble mah...... hihi,

Good day to you all

hi, rchi, bro