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     jax
Member
Username: jax
Post Number: 1594
Registered: 07-2007Rating: N/A
Votes: 0
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| | Monday, March 10, 2008 - 10:28 am: | 
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brought more mqg new avg now 46 green tmr i hope lol,
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ecchigaijin
Member
Username: ecchigaijin
Post Number: 755
Registered: 07-2007Rating: N/A
Votes: 0
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| | Monday, March 10, 2008 - 10:54 am: |
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With the way banks are dropping around the world, it will be interesting to see how MQG and BNB get rerated by the brokers. Surely the previous values and targets will be cut significantly as borrowing constraints and costs go up. Even if they have no direct link to subprime they surely will end up with less funds available to them and at a higher price causing some shrinkage in profit forecasts over the next couple/few years. Having said this, if we see bullish markets again I would expect these sorts of companies to outperform any downgraded profit forecasts.
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jax
Member
Username: jax
Post Number: 1595
Registered: 07-2007Rating: N/A
Votes: 0
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| | Monday, March 10, 2008 - 11:38 am: |
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dont worry ec you should buy mqg just came out with profit forcast it was great ,stock will finnish green or il bend over for sunny.
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ecchigaijin
Member
Username: ecchigaijin
Post Number: 756
Registered: 07-2007Rating: N/A
Votes: 0
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| | Monday, March 10, 2008 - 12:13 pm: |
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I want to organise some finance to buy some myself Jax. AM in no real hurry though, if they keep dropping by the time I pull my finger out then all the better. If they start going up I may rethink buying.
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jax
Member
Username: jax
Post Number: 1596
Registered: 07-2007Rating: N/A
Votes: 0
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| | Monday, March 10, 2008 - 04:12 pm: |
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well well well mqg green ,nope u dont get me sunny .looks like i might have done the right thing avg down ,im close enough to square on the trade.well well well what do you think phil i just might be in a great postion.day low 4333 what a jump from there.
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philr
Member
Username: philr
Post Number: 378
Registered: 04-2004Rating: N/A
Votes: 0
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| | Monday, March 10, 2008 - 04:45 pm: |
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jax
Hope you go well with it. I just cannot bring my self to go against the long term trend. Holiday in Victoria today may have had some impact we will see tomorrow I guess.
Phil
** Let blockheads read what blockheads wrote.
Warren Buffett
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moonfleet101
Member
Username: moonfleet101
Post Number: 546
Registered: 07-2007
Rating: N/A
Votes: 0
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| | Monday, March 10, 2008 - 10:02 pm: |
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Come on Jax! We need a good run up to the FED decision! The FTSE's starting the fightback and we want the Dow to follow. I can see a little bull run starting. It's gone from a possible crash to a run up. That's how it works so let's play along. lolol. The bears have gone on holiday for a short while so let's make the most of it!
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moonfleet101
Member
Username: moonfleet101
Post Number: 547
Registered: 07-2007
Rating: N/A
Votes: 0
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| | Tuesday, March 11, 2008 - 02:31 am: |
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Nope. Once the Dow kicks in, were ******!
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jax
Member
Username: jax
Post Number: 1597
Registered: 07-2007Rating: N/A
Votes: 0
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| | Tuesday, March 11, 2008 - 10:20 am: |
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dont panic moon its comeing soon i told you before u make little profits when the markets slide u make the huge profits when it comes back ,your makeing money on the way down, great brother.just get ready for the ride back .
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chingas
Member
Username: chingas
Post Number: 670
Registered: 06-2007
Rating: N/A
Votes: 0
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| | Tuesday, March 11, 2008 - 11:06 am: |
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China's trade surplus drops sharply in February: official data
BEIJING (AFP) - China's trade surplus shrank in February to a third of the level in the same month a year ago, customs authorities said Monday, as analysts said the US economic slowdown was starting to bite.
The surplus of 8.56 billion dollars in February compared with a surplus of 23.8 billion dollars a year earlier, according to customs.
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The lower surplus came amid a 35.1 percent rise in imports, which totalled 78.8 billion dollars in February, compared to a mere 6.5 percent increase in exports, which hit 87.4 billion dollars.
Exports in January had risen by 26.7 percent from the same month a year ago, previous reports showed.
Economists had been expecting weakening export performance, partly as a result of the US economic woe making American consumers less avid buyers of Chinese-made goods.
Mingchun Sun, a Hong Kong-based analyst with Lehman Brothers, said the slowdown was also caused by unprecedented bad weather over the Lunar New Year holiday that placed huge pressure on China's infrastructure.
"Electricity shortages forced many factories to be shut down, while transport chaos affected production and exports," he said in a research note.
"That said, we think China's export growth is definitely on a weakening trend, as the global economic downturn gradually shows its impact on China."
He also said February 2007 had seen a surge in exports ahead of the Lunar New Year holiday as manufacturers were nervous about anticipated value-added tax rebate cuts. There had been no similar surge this year.
Andy Xie, an independent economist, said the export sector, particularly in the manufacturing heartland in southern China, was facing unprecedented pressure.
"This year, with the stagnation in Japan and the United States, we are seeing an overall deterioration of the trade surplus, which has been going on for 12 months," he told AFP.
"Exporters have been destroyed and are not making money because of a combination of rising labour costs and other price increases they face."
Feng Yuming, a Shanghai-based economist with Oriental Securities, said the rapid growth in the value of imports was mainly due to soaring commodity prices.
"Looking at figures over past months, we can find that the imports growth should be mainly attributed to price factors," he said.
A rise in global demand has led to record prices in commodities ranging from oil, wheat and soybeans to steel and gold.
Feng said although the export figures are likely to rebound in March, he expected exports to grow only around 16 percent this year.
Xie said he thought export growth could even slip into single digits.
China's trade surplus hit a record high of 262.2 billion dollars last year, up 47.7 percent from 2006, earlier customs figures showed.
China moved its currency, the yuan, away from a peg to the US dollar in July 2005, and has since allowed it to strengthen by about 15 percent against the greenback.
However, foreign voices continue to urge China to do more and allow its currency to rise at a faster pace, amid complaints that exporters gain an unfair advantage from an artificially weak yuan.
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jax
Member
Username: jax
Post Number: 1598
Registered: 07-2007Rating: N/A
Votes: 0
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| | Tuesday, March 11, 2008 - 03:24 pm: |
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mqg avg down to 4520 but thats it phil im all in. lol game on stll not un happy even if they go lower im still happy at the buy . now thats the main thing .will not sell under 50 and i still feel they can beat that this week .
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jax
Member
Username: jax
Post Number: 1599
Registered: 07-2007Rating: N/A
Votes: 0
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| | Tuesday, March 11, 2008 - 03:58 pm: |
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go baby go ,yeieyiyeieyeieyei. green was not green when i posted before phil check the times.
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moonfleet101
Member
Username: moonfleet101
Post Number: 548
Registered: 07-2007
Rating: N/A
Votes: 0
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| | Tuesday, March 11, 2008 - 07:16 pm: |
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The drops seem to be slowing down now so hopefully we're on the turn. FTSE's up at the start but I want to see a 200 point rise today. I don't think I'm asking too much there. lol
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jax
Member
Username: jax
Post Number: 1600
Registered: 07-2007Rating: N/A
Votes: 0
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| | Tuesday, March 11, 2008 - 07:43 pm: |
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lets go moon the more they told me not to avg down the more i new it was the right move lol.im in front now and get a free shot and have plenty this is the big play for me this year .
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jax
Member
Username: jax
Post Number: 1601
Registered: 07-2007Rating: N/A
Votes: 0
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