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billywows Elite	28-Nov-2006 23:33 billywows About Contact Quote this Post!
x 0 x 0 Alert Admin	US market GREEN now .... Shiok! Dow up 9 points and Nasdaq up 1 point. Looking to Benny to stablise a GREEN close to boost STI 2molo.
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moogee Member	28-Nov-2006 23:32 moogee About Contact Quote this Post!
x 0 x 0 Alert Admin	looks like Dow is rebounding, green now, at 11:30pm.
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iPunter Supreme	28-Nov-2006 23:30 iPunter About Contact Quote this Post!
x 0 x 0 Alert Admin	As long as Dow doesn't do free fall should be okay, lah.
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chipchip66 Master	28-Nov-2006 23:21 chipchip66 About Contact Quote this Post! Style: Flexible Mood:
x 0 x 0 Alert Admin	wah! People save money from Feb to Sep and then buy in Oct. Anyway, this is good news.
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billywows Elite	28-Nov-2006 23:15 billywows About Contact Quote this Post!
x 0 x 0 Alert Admin	Shiok! Good home sales data!!! But Dow down 40 points and Nasdaq down 12 points now. --------------- ECONOMIC REPORT Existing-home sales rise first time since Feb. By Rex Nutting, MarketWatch Last Update: 10:01 AM ET Nov 28, 2006 WASHINGTON (MarketWatch) - Sales of existing U.S. homes rose 0.5% to a seasonally adjusted annual rate of 6.24 million in October, the first increase since February, the National Association of Realtors reported Tuesday. Economists were expecting sales to fall to 6.15 million annualized, according to a survey conducted by MarketWatch. September's sales were revised higher to 6.21 million from 6.18 million initially reported. Sales are down 11.5% in the past year. "As expected, existing-home sales appear to be stabilizing, fingers and toes crossed," said David Lereah, chief economist for the realtors' industry group. Median sales prices fell a record 3.5% year-over-year, the third decline in a row. Prices had never fallen three months in a row since 1968, when the realtors began collecting data. Falling prices are "a good thing," Lereah said. Inventories of unsold homes increased 1.9% to 3.854 million, representing a 7.4-month supply at the October sales rate. It's the largest months' supply since April 1993. Lereah said the rise in inventories in October was untroubling, since it reflected seasonal factors. "Inventories have stabilized," he said. "It's a positive for the economy," Lereah said. "I see some positive signs," pointing to lower mortgage rates and rising levels of mortgage applications. Regionally, sales rose 6.4% in the West, were unchanged in the Midwest, and fell 2.9% in the Northeast and fell 1.2% in the South. Sales of single-family homes rose 1.3% to 5.5 million. Sales of single-family homes are down 11% in the past year. Median sales prices fell 3.4% year-over-year to $221,300. Sales of condos dropped 4.8% to 778,000. Median sales prices are down 5.3% in the past year to $214,300. Economists were expecting sales to fall to 6.15 million annualized, according to a survey conducted by MarketWatch. September's sales were revised higher to 6.21 million from 6.18 million initially reported. Sales are down 11.5% in the past year. "As expected, existing-home sales appear to be stabilizing, fingers and toes crossed," said David Lereah, chief economist for the realtors' industry group. Median sales prices fell a record 3.5% year-over-year, the third decline in a row. Prices had never fallen three months in a row since 1968, when the realtors began collecting data. Falling prices are "a good thing," Lereah said. Inventories of unsold homes increased 1.9% to 3.854 million, representing a 7.4-month supply at the October sales rate. It's the largest months' supply since April 1993. Lereah said the rise in inventories in October was untroubling, since it reflected seasonal factors. "Inventories have stabilized," he said. "It's a positive for the economy," Lereah said. "I see some positive signs," pointing to lower mortgage rates and rising levels of mortgage applications. Regionally, sales rose 6.4% in the West, were unchanged in the Midwest, and fell 2.9% in the Northeast and fell 1.2% in the South. Sales of single-family homes rose 1.3% to 5.5 million. Sales of single-family homes are down 11% in the past year. Median sales prices fell 3.4% year-over-year to $221,300. Sales of condos dropped 4.8% to 778,000. Median sales prices are down 5.3% in the past year to $214,300.
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billywows Elite	28-Nov-2006 23:08 billywows About Contact Quote this Post!
x 0 x 0 Alert Admin	Wah .... 2nd poor data! ECONOMIC REPORT Confidence falls for 2nd straight month in November First back-to-back decline since Hurricane Katrina By Greg Robb, MarketWatch Last Update: 10:01 AM ET Nov 28, 2006 WASHINGTON (MarketWatch) - Uncertainty about the strength of the economy caused the second straight monthly decline in U.S. consumer confidence in November, the Conference Board said Tuesday. The consumer confidence index fell to 102.9 in November from a revised 105.1 in October, the private economic research group said. The index peaked at 105.9 in September. This is the first back-to-back decline in the index since last September and October, when hurricanes ravaged the Gulf Coast region. The decline in confidence surprised economists, who were expecting the index to increase to 106.4 from the initial October reading of 105.4, according to a survey conducted by MarketWatch. Economists thought lower energy prices and an end to negative campaigning from the midterm election would boost confidence. But concern about the job market and a more-guarded short-term outlook led to the drop in confidence, the Conference Board said. Despite the weakness, Lynn Franco, director of the Conference Board's research center, said that confidence remains at a relatively high level, "suggesting the economy will continue to expand throughout the first half of next year." -------- The consumer confidence index fell to 102.9 in November from a revised 105.1 in October, the private economic research group said. The index peaked at 105.9 in September. This is the first back-to-back decline in the index since last September and October, when hurricanes ravaged the Gulf Coast region. The decline in confidence surprised economists, who were expecting the index to increase to 106.4 from the initial October reading of 105.4, according to a survey conducted by MarketWatch. Economists thought lower energy prices and an end to negative campaigning from the midterm election would boost confidence. But concern about the job market and a more-guarded short-term outlook led to the drop in confidence, the Conference Board said. Despite the weakness, Lynn Franco, director of the Conference Board's research center, said that confidence remains at a relatively high level, "suggesting the economy will continue to expand throughout the first half of next year." --------
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chipchip66 Master	28-Nov-2006 22:59 chipchip66 About Contact Quote this Post! Style: Flexible Mood:
x 0 x 0 Alert Admin	this is it! correction happening now! my guess is whatever stocks will lose their gains by at least 5%. The market now should be like a falling knife, bargain hunters should only enter when vol falls!
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nextdoor Senior	28-Nov-2006 22:59 nextdoor About Contact Quote this Post!
x 0 x 0 Alert Admin	dow down (= +) 28 pts now.
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nextdoor Senior	28-Nov-2006 22:55 nextdoor About Contact Quote this Post!
x 0 x 0 Alert Admin	I guess DOW will be + tonight. Dreaming ya??? Haha...
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billywows Elite	28-Nov-2006 22:42 billywows About Contact Quote this Post!
x 0 x 0 Alert Admin	Real bloody RED after opening bells .... Dow down 32 points and Nasdaq down 15 points now!
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billywows Elite	28-Nov-2006 22:26 billywows About Contact Quote this Post!
x 0 x 0 Alert Admin	Think Nasdaq will suffer lot again tonite due to Nokia's profit warning. *Yucks! US market opens in 4 minutes! Scary after a Thanksgiving rally! Its like Thanks-taking now ... ----------------------- MARKET SNAPSHOT U.S. stocks set to open lower after orders drop Monthly consumer confidence, existing home sales reports are ahead By Leslie Wines, MarketWatch Last Update: 9:10 AM ET Nov 28, 2006 NEW YORK (MarketWatch) - U.S. stocks are set to open lower Tuesday, extending heavy losses seen the day before, after news that durable goods orders posted their largest monthly drop in more than six years, and following profit warnings from Nokia Corp. and Palm Inc. Investors are also awaiting a noontime speech by Federal Reserve Chairman Ben Bernanke on the U.S. economy. -------------- Investors are also awaiting a noontime speech by Federal Reserve Chairman Ben Bernanke on the U.S. economy. --------------
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BrandonTeo Member	28-Nov-2006 22:24 BrandonTeo About Contact Quote this Post!
x 0 x 0 Alert Admin	tomorrow the STI will dawn again, even the Dow up or flat. the Dow definetely will fall tonite!
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singaporegal Supreme	28-Nov-2006 22:20 singaporegal About Contact Quote this Post! Style: Technical Mood: Yells: "Female TA nut"
x 0 x 0 Alert Admin	How the Dow behaves tonight will affect the STI tommorow. I believe (gut feel) that if the Dow is flat tonight, the STI might recover a little tommorow.
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billywows Elite	28-Nov-2006 21:44 billywows About Contact Quote this Post!
x 0 x 0 Alert Admin	Following data out later in S'pore time: 2300hrs - Consumer confidence 2300hrs - Existing home sales Just one more data with negativity will screw US market up tonite! Hope Benny gives a smooth speech ....
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billywows Elite	28-Nov-2006 21:36 billywows About Contact Quote this Post!
x 0 x 0 Alert Admin	Wah ..... 1st data just out - POOR results!! ----------------- Durable orders fall 8.3% in October, most in 6 years By Rex Nutting Last Update: 8:30 AM ET Nov 28, 2006 WASHINGTON (MarketWatch) - Led by falling order for new airplanes, demand for U.S.-made durable goods fell 8.3% in October, erasing September's 8.7% gain, the Commerce Department said Tuesday. It was the biggest drop in orders for durable goods since July 2000. New orders for civilian aircraft plunged 44.5% last month. Excluding transportation goods, orders fell 1.7%. Orders for core capital goods fell 5.1% in October, the first decline in six months. The 8.3% decline was much greater than the 4.8% drop expected by Wall Street economists surveyed by MarketWatch. --------------
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maxsyn Veteran	28-Nov-2006 21:34 maxsyn About Contact Quote this Post!
x 0 x 0 Alert Admin	so will Ben a "bang' for DOW tonight?
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billywows Elite	28-Nov-2006 21:31 billywows About Contact Quote this Post!
x 0 x 0 Alert Admin	Economic data on focus today .... ------------------- INDICATIONS U.S. stock futures steady after Monday's losses Durable-goods, existing-home sales, Bernanke speech ahead By Steve Goldstein, MarketWatch Last Update: 7:46 AM ET Nov 28, 2006 LONDON (MarketWatch) -- U.S. stock market futures were largely stuck on Tuesday following the sharp losses to start the week, with trader attention turning to data on durable-goods orders and existing-home sales and a speech from Federal Reserve Chairman Ben Bernanke. S&P 500 futures rose 0.2 of a point at 1,383.80 and Nasdaq 100 futures were down 2 points at 1,777.00. Dow industrials futures were flat. U.S. stocks finished sharply lower on Monday on continued pressure for the dollar, Wal-Mart Stores downbeat sales forecast and concerns over Google Inc.'s valuations. The Dow industrials lost 158 points, the S&P 500 dropped 19 points and the Nasdaq Composite lost 54 points. International stock markets also lost ground on Tuesday. The Hang Seng in Hong Kong tumbled 2.9%, while the Nikkei 225 in Tokyo lost a more modest 0.2%. European stocks were slightly lower in early afternoon trading. Markets will have plenty of data and comments on Tuesday to sift through to reinforce or contradict growing sentiment that there will be a sharp U.S. economic slowdown. Bernanke is due to speak at 12:30 p.m. Eastern, with Chicago Fed President Michael Moskow speaking four hours later. ----------------- S&P 500 futures rose 0.2 of a point at 1,383.80 and Nasdaq 100 futures were down 2 points at 1,777.00. Dow industrials futures were flat. U.S. stocks finished sharply lower on Monday on continued pressure for the dollar, Wal-Mart Stores downbeat sales forecast and concerns over Google Inc.'s valuations. The Dow industrials lost 158 points, the S&P 500 dropped 19 points and the Nasdaq Composite lost 54 points. International stock markets also lost ground on Tuesday. The Hang Seng in Hong Kong tumbled 2.9%, while the Nikkei 225 in Tokyo lost a more modest 0.2%. European stocks were slightly lower in early afternoon trading. Markets will have plenty of data and comments on Tuesday to sift through to reinforce or contradict growing sentiment that there will be a sharp U.S. economic slowdown. Bernanke is due to speak at 12:30 p.m. Eastern, with Chicago Fed President Michael Moskow speaking four hours later. -----------------
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teeth53 Supreme	28-Nov-2006 08:17 teeth53 About Contact Quote this Post! Style: Flexible Mood: Yells: "don't learn through life, learn to grow with life "
x 0 x 0 Alert Admin	One real scary problem over shadowing the rest, niche mkt play will depend again on...., what is bad for DOW and US$ , may not be so bad for other, Today (Tues) 3/4 stocks in red for STI (@_@) (!_!). 2moro (Wed) Green for STI, mirroring Dow.futures suggesting big selloff could prove to be a one-day event. (Gd luck to all players).
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teeth53 Supreme	28-Nov-2006 07:55 teeth53 About Contact Quote this Post! Style: Flexible Mood: Yells: "don't learn through life, learn to grow with life "
x 0 x 0 Alert Admin	(CNNMoney.com) -- Stocks slumped Monday, with the Dow industrials posting its biggest one-day percentage drop since July, as investors eyed higher oil prices, a weaker dollar and a cautious outlook from Wal-Mart and decided to head for the exits. The Dow Jones industrial average (down 158.46 to 12,121.71, Charts) lost around 158 points, or 1.3 percent, seeing its biggest one-day point and percentage drop since July 13. The broader S&P 500 (down 19.05 to 1,381.90, Charts) index slid 1.4 %, seeing its biggest one-day % loss since June 5. Last week, the S&P 500 hit a six-year high. Nasdaq composite (down 54.34 to 2,405.92, Charts) lost 2.2 %, seeing its biggest one-day % decline since June 5. Tech-fueled index touched a nearly 6-year high last week. As of 5:45 p.m. ET, Nasdaq and S&P futures pointed to a mixed open Tuesday, when fair value is taken into account, *suggesting the big selloff could prove to be a one-day event* As of Friday's close, the Nasdaq was up 11.6 % year-to-date and up 8.6 % in the 4th Q. The Dow was up 14.6 % in 2006 and 5.1 % since Sept. 30. The S&P 500 had risen 12.2 % this year and 4.9 % since the end of September.
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tanglinboy Elite	28-Nov-2006 07:39 tanglinboy About Contact Quote this Post! Style: Combined Mood: Yells: "hello!"
x 0 x 0 Alert Admin	Agree with you man.... today will be major lao sai day for all!
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