
That mean the faith of investor not there yet...............
swing by market.................when red - down so much.........when market green it hardly move up one step :')
Friend, one piece of advice,  you need to look beyond the price movement and determine the underlying cause.
Heero78 ( Date: 30-Sep-2013 10:08) Posted:
|
Lol, then I advise you to  wait till it reaches 95cents before entering. Remember to be disciplined and keep to your  TP at all time. :)
Belteshazzar ( Date: 30-Sep-2013 10:41) Posted:
|
It is the US drama time every stocks would dip and rebound when issue resolve unless u got the pocket and gut then it hand off time
 
ocbc said 95 should buy at 95
Friend, I would say BDI is a great gauge for long term.
However, whether US will default on its debt and thereby set off another world crisis is imminent tonight. Thus your decision should really be on whether US will saved from default last min. Even BDI of 5000 is useless if US were to fail tonight. If the worst really happened, you can expect NOL to retract and probably end up in 90cents range. But like I said, lets take a leap of faith!!!.
shygiraffe ( Date: 30-Sep-2013 09:12) Posted:
|
kena dumped 3%.....still positive??
HSBC Sep China PMI came in at 50.2 below expection of 51.2 drag down by weak domestic demand but good news is new export data is picking up from contraction in Aug to expansion. Current share price drop is as usual drop on US drama and rebound when it is resolved later as usual no one dared to buy and retail shortist in play but they also buy back later this afternoon as don want to get caught in rebound later.
BDI = comprehensive freight rate for shipping raw material which would use for manufacturing of finished product like TV, fridge etc which would be shipped by containers worldwide. Yes it can be used as future gauge for container shipping future earning. In peak 2007 BDI hit 11000 and in 2010 it hit 4500+ both are peak price for ship ( 2.00 - 5.00)
shygiraffe ( Date: 30-Sep-2013 09:12) Posted:
|
If BDI hit 4000 by year end then ur TP projection might had to change lol. US drama as usual bring out the retail short and ship would recover after the US budget impass later this week then another drama of debt ceiling. when shipping demand rebound hehe 2-3 years of pent up demand = explosive growth in the first year only after that moderating. But currently ship on sliding slope due to drama, hold fast and tight enjoy US drama .
Rosesyrup ( Date: 29-Sep-2013 20:11) Posted:
|
can use BDI index as gauge?
Friends who have yet to enter NOL, I  advise you to take A  LEAP OF FAITH!
If the debt crisis were to resolve tonight, high chance*** you  will not get to see NOL in its current price range again.
***High chance does not mean  confirm or 100%.
Me too all those who on this forum had lots of Guts and Muscles. LOL
I loaded Cosco NOL Yangzijiang. Looking forward to the good old days of retracement and even higher since 1997. Already 3 rounds of profit from peaks.
Yangzijiang moved now to wait for Cosco and NOL, even higher base on historical facts.
Chiong ahhhhh
ascend88 ( Date: 29-Sep-2013 21:02) Posted:
|
Yes .. Loaded some last week.. Made some money from this bb ... Same crisis time
sgng123 ( Date: 29-Sep-2013 18:34) Posted:
|
If there is any time to enter NOL, it is now!!! Shanghai as a new trade zone is set to bring China back on the running track again. The debt ceiling crisis in US has been creating uncertainly that kept NOL price down, never the less it also provide chances for investors to buy in. Most likely than not, the crisis is just another false alarm as  both political parties DO NOT WANT to take the responsibility of sending US into default and economic hardship. Thus there is high probability that the parties will reach last min agreement just like what happened previously.
I would reiterate my TP for NOL:
-   TP of $1.81 in near term (1 year)
- Mid-term (2-3 years) TP of $4.22. 
China's new trade zone opens in Shanghai : http://sg.finance.yahoo.com/news/chinas-trade-zone-opens-shanghai-112859254.html
if u got the pocket and gut lol
Drama time is best time to load
sgng123 ( Date: 29-Sep-2013 09:17) Posted:
|
High Key drama in US budget fight lol, it getting dumber and dumber for the republican controlled congress. Not in control of government but threat to shut down government which in turn hurt themselves next year in nov congress/senate election. They asking for stuff which Obama and democratic would never yield in fact Obama is praying for dumb republican to shut down government and later when congress election next year can take back house lol. This kind of shit happen on 2011/2012 debt ceiling and fiscal cliff where republican actually help Obama re-election due to their dumb political approach lol. Watch out in 2014 soon the Congress, Senate and president would all fall into democratic hand then u start to see US economy recover strongly and rich people would see their tax rocket lol.
Definitely uptrend most likely to continue after Oct==> > Sourcing for Christmas presents.
Currently all hinge on the political crisis in US.
 
it going to be rocky for ship till mid oct when the US drama finally come to a close. US drama affect ship a lot due to a big chuck of ship revenue is tied to US economy. Sit tight and enjoy the drama but hand off ship till drama over then it punting time cos future economy data and Baltic Dry index pointing to shipping recovering in 2014. Buy when uncertainty in US economy is over is the key.
moneycow ( Date: 27-Sep-2013 15:22) Posted:
|