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maxsyn
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02-Nov-2006 06:21
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all indices down. DOW, nasdaq, QQQQ neg 1.36%, even bond, etc...market is losing confident, invest are cashing out from US. Are they going to park in Asia market? Any advice to share? | ||
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robinpang
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02-Nov-2006 03:49
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some predict the bottom of the correction (if) to be around 11800. plus minus 50. more like minus. (5 cens worth). Due to US political situation. More post-election uncertainty too, others say. Oil has bottomed, even others say (short term supply limited, take OPEC seriously! lol), and wat else, aging bull and technical overbought. Even a rumour of recession, cos US housing not bottom yet. Overspilling into US manufacturing. Interest rate hikes not done? Consumers confidence down? Job insecurity? Spend less? 07 Q1 ..... market focusing now. (puts, now) Oiii why dint u tell me one week earlier? This is like the NS sprint, sprint to the end, and sprint back, and dun forget the sack. |
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robinpang
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02-Nov-2006 03:20
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You are correct. But nvm, "buy on dips bulls will be sniffing". There is no support today, bulls letting bears hit and run. |
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cashiertan
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02-Nov-2006 02:50
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Dow touches 15day sma and bounce abck again like yesterday. Those betted heavy on the bull better pray DOw dun break and close below 12020 today (15days sma) else tomolo sti will be ugly. with such a rally today, tomolo can have a equivalent dip. still staying on my bet that dow will correct |
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robinpang
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02-Nov-2006 01:53
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ekks (if) DOW close below 12000, STI will be shorted....(?) ...... | ||
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robinpang
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02-Nov-2006 01:36
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DOW down? |
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robinpang
Member |
02-Nov-2006 00:17
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http://www.nasdaq.com/briefing/story_stocks.stm |
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robinpang
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01-Nov-2006 23:54
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Bull will rally the Dow up again this week. Buy in weakness, Super-rally. Fed cutting interest rate. Oil prices bearish! Consumer confidence sky high. Economy soft landing. Inflation under control. Asian markets bull run continues. Bargin hunting seasons sets in again! Dow 10,000 by next week? Forget it. STI 2430 by next week? Forget it! Correction, never! Lets all get properous with this booming stock market rally! India and China will add sustained strength to the rally! | ||
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billywows
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01-Nov-2006 23:24
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Weaker construction & factory activity data causing US market to slip to Reddish FLAT now. | ||
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billywows
Elite |
01-Nov-2006 22:37
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Dow and Nasdaq both open up 0.3% - GREEN! Shiok! | ||
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allantanhc
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01-Nov-2006 22:35
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Dow opened up 37 points, Nasdaq up 7. Quite comfortable. | ||
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newmoon
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01-Nov-2006 13:59
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Barton's updated asia stockcharts has turned bullish for world markets . Target for dow projected forwards is 13700 by feb,2007. Good luck | ||
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YongJiu
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01-Nov-2006 12:51
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guess is the halloween effect has push the Dow down =) |
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wait4opp
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01-Nov-2006 08:37
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It is a good sign to see Dow down and Nasdaq up... This is to tell that the gap is closing up....... Tech stock is about to cheong to the history high record of 5000+++ for Nasdaq.... Singapore Tech stocks are about to cheong after the Banks and Properties stocks in this bull market.... | ||
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billywows
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01-Nov-2006 07:26
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Dow closed down 6 points, while Nasdaq up 3 points - Pancake Flat last nite. Let's see how STI performs today to this ... :) | ||
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maxsyn
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01-Nov-2006 06:13
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apparently DOW is consolidating now, may take few days. Should be stable unless economic data unfavourable to the market | ||
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cashiertan
Elite |
01-Nov-2006 01:29
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the next 30 mins is the make or break for dow tonite.. break 12050, than soyonara to DOW tonite. |
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cashiertan
Elite |
01-Nov-2006 01:03
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wow biilywow, i thought u want me to see patiently what dow is going to happen in november? dun lose heart mah, dow havent break the 15days sma yet. u may be right for all we know.... | ||
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cashiertan
Elite |
01-Nov-2006 01:01
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DOw found support at 12050. once broken it will be dip to 12020 and next is 11970 and so on.. a healthly correction can dip to 11700 region or 11850. | ||
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billywows
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01-Nov-2006 00:51
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I'm a contrarian for now .... :P |
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