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Dow
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iPunter
Supreme |
05-Mar-2007 23:30
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O Elfin dear... You are suchly right again!!! 150pts for some 'inspiration' first... then reach for the previous highs to revive the fierce bull... :) |
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elfinchilde
Elite |
05-Mar-2007 23:27
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concur, ipunter. my qn is, is 150 pts enough, or do we need to breach the 12,200 level? interesting to watch hope and fear fight for control in the market ain't it. keke. c'mon billywows, shine some sun on the old dow! haha. |
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iPunter
Supreme |
05-Mar-2007 23:20
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It's still the same thing as what I said on the previous day.. ie. if the Dow closes 50pts up, that's bad news... cos this suggests a downtrend continuation... but if it close 150pts up for example, then there's hope of a charging bull market again, we hope. |
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cashiertan
Elite |
05-Mar-2007 23:19
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Dow is oversold on friday thus a rebound is not surprising.. however gotta watchout if DOW close below 12000.. |
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billywows
Elite |
05-Mar-2007 23:15
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See the below charts ....... CHIONG UP!!! DOW NASDAQ |
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alanllt
Member |
05-Mar-2007 23:13
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hopofully also ...
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billywows
Elite |
05-Mar-2007 23:13
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maxsyn
Veteran |
05-Mar-2007 23:09
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looks like is stable now. Let hope it maintain further. And asia markets should rebound recovering some lost ground |
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xoefxoef
Member |
05-Mar-2007 23:06
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US economy slowing down. Time for FED to lower interest rate?????? | ||||||
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billywows
Elite |
05-Mar-2007 23:06
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Dow down 10 points and Nasdaq 11 points now ... U.S. Feb. ISM services below consensus 57.5% U.S. Feb. ISM services 54.3% vs 59.0% in Jan.
DOW NASDAQ |
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Livermore
Master |
05-Mar-2007 23:02
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Still above 50..... | ||||||
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xoefxoef
Member |
05-Mar-2007 23:01
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weaker then expected number of 54.3. Drop from 59 | ||||||
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lookcc
Master |
05-Mar-2007 23:00
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sti futures now down 8 pts, hs34 now up 50 pts n jpn 225 now up 30 pts.... dow close in the green? | ||||||
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Livermore
Master |
05-Mar-2007 22:57
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Thought the guy who was just interviewed on TV just now said ISM will show a good reading? | ||||||
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billywows
Elite |
05-Mar-2007 22:57
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ISM data out at 2300hrs. We badly need US market to break this continueous DIP .... and soon! Dow down 2 points and Nasdaq 9 points now! |
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xoefxoef
Member |
05-Mar-2007 22:53
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A good number for the ISM services index will spur the markets. Let's see what's happening | ||||||
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lookcc
Master |
05-Mar-2007 22:53
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sti furtures now down 10 pts, hs34... now down 9pts n jpn 225... now down 25 pts, chance for dow to stay more than 12000. | ||||||
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xoefxoef
Member |
05-Mar-2007 22:51
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IFR sees the non-manufacturing series from ISM falling to 57.5 in February. We think part of the divergence between February's Chicago PMI and ISM readings owes to services; the former includes services while the latter is strictly manufacturing. That suggests the weaker Chicago PMI reading (47.9 or the weakest in more than four years) can be blamed on weakness in services activity and revenues. The ISM services index had hit an 8-month high 59.0 in January, even though the employment index slowed to 51.7, a 12-month low. We expect moderate increases in both employment and prices in the February index. The downward course in services activity is more gradual than in goods-producing activity but no less apparent. [DATE TIME RELEASE UNIT PER IFR Est LAST MEDIAN RANGE ] 05Mar 15:00 ISM Non Mfg Idx Feb 57.5 59.0 57.5 56.0 59.5 |
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billywows
Elite |
05-Mar-2007 22:40
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Recovering!!!!! .... Dow down 28 points and Nasdaq 15 points now. |
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elfinchilde
Elite |
05-Mar-2007 22:39
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haha. ok peeps. if dow tanks below its psych level of 12,000 tonight, be prepared to cut everything and run. singaporegal, by my estimates, a volatile range-bound correction with final spike up in april, then down. If anyone's been tracking indices, dow -1% abt equivalent to STI -3%, HSI -4%. |
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