what's up gorkhali investors?

chinese stocks are absolutely on fire today!! i knew 2007 was going be a special year for chinese stocks but didn't expect first day of 07 market to be so bullish towards it.

do your research....read about chinese companies...find an under valued stocks and join the party!! we've got a great year ahead of us.

happy hunting!

man, stock market mattrai?
take a look at forex. we all were looking at cable hitting 2.0 by December, because the black friday. Black friday was really black for USD becuase around 3 am, cable shot up, hitting 1.97 and later touched 1.98. Now its down at 1.93, a lot of pips away from 2.0

Here's an image of current price on cable. shitsz, time to make big money now! anyone in forex? any idea on news tomorrow? I believe so far US econ. have come out in favor of USD. I bet tomorrow's gonna push GBP lower, we will see.

I need to pick some mutual funds. Any suggestions???

For the first time in history, Chinese yuan has surpassed Hong Kong dollar both pegged against U.S dollar. 1 yuan is now worth $HK 0.97 and $US 7.6 which was unimaginable a couple of years ago. I am not certain how this appreciation of Chinese yuan could affect the stock markets and economy the world over. But I am still pessimistic about investing in stock markets anywhere. I think its more like gambling in everest casino. Shanghais stock exchange index also has its best performance today in its history.
India’s stock market is more risky. Singapore and Australian stocks are hot. I see a stock market bubble burst in Japan. Good luck hunting.

stocks are not doing well today. Something to do with companies adding more jobs.

Boy i'm taking a beating on my chinese stocks today...thanks to yuan correct!!

but hey as they say...red day for me could mean green opportunity for you.

good entry day if you're looking for a china play in your portfolio.

**yuan correction**

Well, as you all know, I am still pretty new to this stock market stuff. So, I was doing some reading and found the following data in MSN Money's website. They say these stocks are the best for 2007. What do you think?

International Power (IPR, news, msgs) 2006 Closing: 76.26

Philippine Long Distance Telephone (PHI, news, msgs) 2006 Closing: 49.64

Mobile TeleSystems (MBT, news, msgs) 2006 Closing: 50.38

Atlantic Tele-Network (ATNI, news, msgs) 2006 Closing: 28.60

CT Communications (CTCI, news, msgs) 2006 Closing: 23.48

SureWest Communications (SURW, news, msgs) 2006 Closing: 28.07

Millicom International Cellular (MICC, news, msgs) 2006 Closing: 61.98

hey haami, just as we were talking about blockbuster, got an update about it today in my inbox. update from motley fool and here's what they had to say:

Game on for Netflix?
"Blockbuster (NYSE: BBI) keeps trying something new, since something old hasn't been working ... Total Access customers can now rent one game each month. Why doesn't Netflix (Nasdaq: NFLX) offer a game subscription? It could be independent from the movie subscription, and there could be a discount for someone who gets both. I assume there is no legal problem in renting games since Blockbuster is doing it."

riten,

msn money is a good tool to do your research but i wouldn't bet my farm for their recommendations. actually for that matter, anyone that offers free stock picks, i'd be very cautious. i mean you can look at and find out what the company is about and may be watch it over a period of time but wouldn't jump into buying right away.

that's a viable thought from fools. But still blockbuster has huge advantage of in-store renting -- unless netflix start their own.

Man, looks like it's going to be another sleepless night because of these stocks huh!!

Riten, I agree with hukka on your issue.

haami

thanks guys... looks like the thread is up and running on full throttle... I much appreciate this thread personally and publically...

the sign outside sud read.

enter at your own risk.

and that is the fact as well "enter at your own risk".

well, lot has been talked about from primer point of view... I guess we gotta have three separte threads to make it look more organized.

One for Mutuals
One for Stocks
one for Forex

that way we are getting confused with who is saying what on what specifically.

On personal note I have not re-entered wall st yet, last I recall sometime in 2000 when the boom went bust, I got burnt out bad.

Gotta get up and go for it again hai na ra... Gorkhali after all!

that is right "Gorkhali after all!!"

Well, for this thread, hukka_nepali clearly sets its heading as Stock Market 07. So we can stick with stocks in this one.

haami

Hey Hukka Nepali ji ani Eminietrader ji... you guys rock man... keep it up..

Hammi ji lai mero namaskar cha hai...

Hey you all,

what do ya think about these two for long-term stock holdings... Like Warren did with coke and washingtonpost.

Honda HMC
Southwest LUV

hazur haru ko opinion paoun na hai?

-B

Hello Bricologe, thanks for the kind words. like i've said before, i don't consider myself to be stock savvy nor do i come from a financial background. but i wasn't going to let those keep me aside from the market any longer. and neither should any of you (and i mean everyone one of us). it is not a rocket science so once you get over the initial intimidation, it's actually gonna be fun. what you do need when you jump into the market is common sense (which i know us nepalis are tremedously gifted with) & reliable group of advisors (that's where this forum and we come into play). i was blessed with great advisors / friends which made things so much easier for me...wish they had came earlier.

and man i feel for you going through 2000 bust! glad i was still in high school back then LOL i think most retail / casual investors got sucked into the 2000 bubble bust by big dogs. but glad to hear you're thinking of making a come back. i think the market is some what stable now (if there is such a thing). unlike late 90s things aren't looking too good to be true so i take that as a good sign.

i like the idea of separating discussions for stocks, trading, forex, and may be we can even have one for mutual funds.

here's my analogy: stock discussions will be like teaching new born how to craw and eventually be able to stand. forex is like being able to stand and then walk slowly, and then comes trading which is like being able to run (for this you need to first be able to stand and walk) and then last but not the least...you've ran a lot and gotten old in the process, so you need to look at mutual funds to provide you with regular and reliable nursing home services LOL

i'm sure redstone bro will be more than happy to run the forex disucssion....and perhaps captain bro running the mutual fund show?

haami, yes i think there are more sleepless night ahead of us LOL i was really hoping to cash out most of my holdings this month but things have turned south really soon. ah well this is getting old...guess a few more sleepless night aint gonna kill ya :-)

Bricolage,

love the honda pick for really long term investment. beleive they have more room for growth than toyota, which is going "all in" this year.

not too sure about southwest airline. but did you know LUV has the best ROI than any other US stocks in the past 30 years. i think the number was something like if you had invested 10K in the 70s it would be worth over $ 200+ millions today. but i think the better days for airline industry are behind them. i'm also heavily invested in the aerospace sector but looking to get out very soon. the whole industry looks really shady so not sure how things are gonna be 5 yrs from now.

not necessarily airline but i've been watching for companies that support NASA during space exploration. because of this war of terror, oh i mean war on terror LOL lot of money being poured into defense budget but if this settles down (will it is another question for another time), we might see that money going into NASA's space program again and we've already seen little glimpse of it already earlier last year when they announce they are going back to moon. so i'm keeping a close eye in this sector.

bricolage,

HMC is a good one -- has been performing consistently. Honda vehicles are the only ones in race with Toyota. TM price is way far ahead of HMC. HMC should pick up, if not move up gradually as it has been doing. Also, watch out for TTM (TATA motors).

Airline stocks -- I wouldn't risk it. Too many competitors and very sensitive to what happened after 9/11.

haami

Haami and Hukka ji...

great to see your thots on HMC and LUV.... I agree with Hukka ji on getting on with the industry first and then with the top players or newbies within the industry with potential, depending on whether you want to play your cards rough or easy.

aa HMC is good bet since I own one of its products... also these guys are getting into Aeroplanes soon.... they already have orders confirmed I read... besides, it has room to grow like Hukka ji said... TM is sky high right now... the closest competetior I see..


LUV is airlines stock.... and it is somewhat volatile given the post 9/11 stuff.... I still think, it is a good one to hold for national stock... employee are its asset ... but I also agree that going NASA or going space industry is one good thot..

-B

ps thanks to you both for encouragement....