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Naproxen
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13-Apr-2008 01:03
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Yeah cc! Cut loss and buy low!
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AK_Francis
Supreme |
13-Apr-2008 00:32
Yells: "Happy go lucky, cheers." |
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One counter dereated all kena ? But just patient next Mon. Cheers. | ||
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louis_leecs
Elite |
12-Apr-2008 23:51
Yells: "half cash" |
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HEAVY STORM COMING NEXT WEEK,,,,,,,,,,STAY AWAY...........HIDE INSIDE THE CHAMBER,,,,,,,,,,,,WAIT FOR STORM OVER......................CASH IS KING | ||
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cyjjerry85
Elite |
12-Apr-2008 14:56
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Wall St Week Ahead: Stocks face wild ride with banks, inflationNEW YORK, April 11 (Reuters) - The rocky ride for the U.S. stock market may intensify if earnings reports from JPMorgan Chase (JPM.N: Quote, Profile, Research), Merrill Lynch (MER.N: Quote, Profile, Research), Citigroup (C.N: Quote, Profile, Research) and other large banks and financial services companies rattle investors already concerned about a U.S.-led economic slowdown. Wall Street also will contend with reams of economic data, with two inflation indicators -- the Producer Price Index and the Consumer Price Index -- set for release. The calendar includes U.S. housing starts, industrial output and capacity utilization, and the Fed's Beige Book. "If they are worse than the negative sentiment or expectations, then financial stocks probably are going to get knocked down again," added Keith Wirtz, president and chief investment officer of Fifth Third Asset Management, which manages $22 billion. Some may not get that one-two punch, however. Though profit per share may fall by nearly half at JPMorgan, which had an estimated $26.4 billion of leveraged loan exposure, the bank has steered clear of other credit minefields. "JPMorgan has been in the news a lot and they've done better than average for commercial banks, but we want to see what they say about the future," Wirtz said. CREDIT WOES SPREAD BEYOND BANKS As a whole, analysts now predict S&P 500 companies' earnings to fall 11.8 percent from a year ago, worse than the 8.1 percent drop they predicted a week ago, according to Reuters Estimates. However, much of the fall in earnings is rooted in the financial sector, where profits are expected to plunge 61 percent. But even General Electric (GE.N: Quote, Profile, Research) -- which is viewed as an economic bellwether because of the variety of its businesses and known for rarely missing its estimates -- reported on Friday an unexpected 6 percent profit drop on weakness in its wide-ranging financial-services operations. GE, the second-largest U.S. company by market capitalization, also sharply lowered its full-year earnings forecast, now predicting little to no growth for all of 2008. That compares with an earlier view from GE of "at least" 10 percent. ADD INFLATION TO THE WORRY LIST Not only are earnings reports on investors' radar, a deluge of economic data might keep stocks on edge. The latest inflation figures will be released with the producer prices index, or PPI, on Tuesday and the consumer price index, or CPI, the following day. "I don't think these are going to be fun," Ernie Ankrim, the chief investment strategist for Russell Investment Group based in Tacoma, Washington, said of the PPI and CPI. According to the median forecast of economists polled by Reuters, the overall PPI is expected to gain 0.6 percent in March. That's up from the actual 0.3 percent rise in the PPI for February. Heading toward the Federal Open Market Committee's April 29-30 meeting, short-term interest-rate futures are divided between betting on a one-quarter or a one-half point rate cut. The federal funds rate now stands at 2.25 percent. |
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Blastoff
Elite |
12-Apr-2008 07:28
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DOW down by 256.56! | ||
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winsontkl
Elite |
12-Apr-2008 01:47
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- 200 points now....rebound ...or.... moving down further... | ||
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lookcc
Master |
12-Apr-2008 00:22
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Naprogen, not finished....just cut loss on monday fast.....wat say u? | ||
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Naproxen
Veteran |
12-Apr-2008 00:14
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Finished finished ...................... | ||
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lookcc
Master |
12-Apr-2008 00:14
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hopefully today are not too many fell into bear trap.
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musante
Member |
12-Apr-2008 00:07
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With DOW in the red again......... How will our STI "MORNING STAR"....going to be materialised next week...... Perhaps...it will turn to " RUSTY STAR" by then...... (fed-up).... I got 2 Counters in LONG POSITION......(Help me God...!!) |
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louis_leecs
Elite |
11-Apr-2008 23:54
Yells: "half cash" |
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look like day by day small drop dow jones index,,,,,,,,bb already unload finish,,,,time for bb to reverse gear to hight speed crash,,,,,,,,,,hold tight tight next week,,,,,,,super bear bear come back again,,,,,,,,storm coming,,,,,,,,,,,stay chamber stayslideline is a safty pl....... | ||
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lookcc
Master |
11-Apr-2008 23:36
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frequent bear traps nowadays.....tat's why best is hit n run....make less better than loss.....so buy when up can fall into bear trap. | ||
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winsontkl
Elite |
11-Apr-2008 23:30
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Bear visiting Dow tonight....setting a pretty trap in Asia... |
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178investors
Veteran |
11-Apr-2008 22:52
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yahor!. pai-sei man. .. i think i got overtrading symtom leow... jialat. | ||
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teeth53
Supreme |
11-Apr-2008 22:43
Yells: "don't learn through life, learn to grow with life " |
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Tomorro is Sat, no trading.
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cyjjerry85
Elite |
11-Apr-2008 22:20
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the drop we are seeing through the US markets don't look good...look at the main articles highlighted over in Bloomberg...here's it... April 11 (Bloomberg) -- General Electric Co. reported its first decline in quarterly profit since 2003, missing analysts' estimates with a 12 percent drop in earnings as a freeze in credit markets blocked asset sales and forced it to write down the value of investments. The world's third-largest company by market value fell as much as 12 percent, the most since 1987, in New York trading after GE also cut the forecast that Chief Executive Officer Jeffrey Immelt once told investors was ``in the bag'' for 2008. April 11 (Bloomberg) -- Confidence among U.S. consumers sank to a 26-year low in April as the labor market continued to weaken and gasoline prices rose. The Reuters/University of Michigan preliminary index of consumer sentiment decreased to 63.2 from 69.5 in March. The reading was below the lowest forecast in a Bloomberg News survey and the worst since March 1982. Americans are confronting the loss of 232,000 jobs so far this year, along with higher food and energy costs and overall weakening in the economy. Consumer spending in the first half will advance at the weakest rate in 17 years, according to economists surveyed by Bloomberg News. ``Consumers have very little to smile about,'' Ryan Sweet, an economist at Moody's Economy.com in West Chester, Pennsylvania, said before the report. ``Measures of consumer confidence are consistent right now with a recession.'' Economists had forecast the gauge would fall to 69, according to the median of 64 projections in a Bloomberg News survey. Estimates ranged from 65 to 71. The index of consumer expectations for six months from now, which more closely projects the direction of consumer spending, fell to 53.4, the lowest reading since November 1990, from 60.1 last month. U.S. Treasuries rose after General Electric Co. reported its first quarterly drop in profit since 2003 and cut its earnings forecast, signaling the U.S. economic slowdown may deepen. Two-year notes were poised for their first weekly gain since mid-March as U.S. stock futures declined, boosting demand for the fixed returns of government debt. U.S. consumer confidence plunged this month, an industry report showed. |
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178investors
Veteran |
11-Apr-2008 22:16
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forgot to add SGX too.. will be heavily shorted tomorrow. | ||
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178investors
Veteran |
11-Apr-2008 22:14
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DOW down so much leow... tomorrow, all bearbros getting ready to short UOB, OCBC, DBS upon opening bell. | ||
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PinkyGoh
Member |
11-Apr-2008 21:51
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everything is so red now... 09.49am US time, DJ -142.8, NYSE -88.7, S&P -13.66 |
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Fairygal
Veteran |
11-Apr-2008 21:10
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Aiyoyo, here we go again! | ||
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