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DOW
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Andrew
Master |
17-Mar-2008 22:29
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YES. It is green now!!! |
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Andrew
Master |
17-Mar-2008 22:17
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More rumour : Lehman Too Big to Fail? Reason : http://finance.yahoo.com/tech-ticker/article/7143/Lehman-Too-Big-to-Fail?tickers=bsc,leh Even the media is shorting Wall St. One way to break a bank is to cause a run on the bank. |
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terencefok
Master |
17-Mar-2008 22:13
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No leh, seems to be recovering. DYODD... | |||||||||||||
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winsontkl
Elite |
17-Mar-2008 22:12
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This time round very Jialat....seems like bottomless pit...more bad news on the way??? | |||||||||||||
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Andrew
Master |
17-Mar-2008 21:37
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Here we go.....DOW down 180 points. I hope tonight is not black Monday. I even bet with my wife if we ever find a parking lot next to our home. I think we have a chance to see green. I did find a parking lot. |
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Naproxen
Veteran |
17-Mar-2008 20:20
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Wall Street Poised to Tumble at Open U.S. stock index futures indicated a sharp drop for Wall Street to start the week, with investors spooked by the cash crisis at Bear Stearns that forced its sale for $2 a share to JP Morgan Chase. Asian and European markets also plunged on the news, despite the Federal Reserve's emergency discount rate cut at the weekend. "Clearly the Fed was extremely worried that there will be a collapse in the U.S. financial markets," Bob McKee, chief economist at Independent Strategy, told "Worldwide Exchange." |
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Naproxen
Veteran |
17-Mar-2008 20:00
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Looking at -200 points on open? | |||||||||||||
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1234567
Senior |
17-Mar-2008 09:57
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In emergency move, Fed cuts key rate, offers quick aid to brokers http://sg.news.yahoo.com/afp/20080317/tts-us-economy-bank-rate-972e412.html |
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cyjjerry85
Elite |
17-Mar-2008 09:32
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NEWS update: Senior Fed offical says seeing extraordinary conditions across financial markets. Fed taking on portfolio involved in JP Morgan-Bear Sterns arrangement; to manage it in a way to minimise market disruption; loan is to JP Morgan, but with set of collateralised assets; facility extended to JP Morgan is one-time thing. (Reuters) | |||||||||||||
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cyjjerry85
Elite |
17-Mar-2008 08:42
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after experiencing last week US$200 billion injection...many saw that stocks still come plunging down and ppl sell on rally... look at this morning Asia region....all in the red and still currently tumbling down....very jialat... today Straits Times Money section already got a report say US in recession |
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robbieczh
Member |
17-Mar-2008 08:41
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Wow! Power... cut lending rates, but futures in 3-digits RED! Market is going into a freefall! |
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elisa28
Member |
17-Mar-2008 08:05
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Sunday surprise: Fed acts on credit crisisCentral bank cuts lending rate to financial institutions to 3.25% and creates a new way for big banks to get short-term loans. |
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cheongwee
Elite |
16-Mar-2008 19:47
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Hey, Lehman Brother and Goldman Sachs will report tomolo.o you think their report will be good.DYODD. I think should be alright.These 2 are ok. |
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teeth53
Supreme |
16-Mar-2008 17:12
Yells: "don't learn through life, learn to grow with life " |
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For day (punters) traders, they will buy/sell(shot) also to ave off, but with a very much lower prices, especically one lot by lot and if price move up, they either sell and if prices trade lower (buy back), especically those with big cap stock trading prices, Thus the volatilities of such trading system. | |||||||||||||
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teeth53
Supreme |
16-Mar-2008 17:01
Yells: "don't learn through life, learn to grow with life " |
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There will be, even when Dow is push up by 400 + points, the very nexy day STI move up only marginally, due to all those negative, maybe impending losses that hurt them most, their pocket. Their fingers been burnt or maybe lossing their pant, renkon rally will be short live, likly shot down. It is going to be another day for BBs to off load what they has bought, sell into strength. |
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cyjjerry85
Elite |
16-Mar-2008 15:28
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think now most of us are extremely negative towards the market still...i wonder if there's a rally for the Fed rate cuts...because if there's a rally, it will post another chance for many to offload their holdings | |||||||||||||
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teeth53
Supreme |
16-Mar-2008 15:10
Yells: "don't learn through life, learn to grow with life " |
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Warning Sign since Aug 2007, pls be aware (buy/sell or speculate), don't hang it there too long.YA Those earning US$ million and chief of certain......., i think is Indian chief and is out of touch with reality on the ground and always got UNCLE SAM to the rescue in US$ billion of dollars, will that help crediting crunching..advance or stop it temporary?. For info sharing. Not before seeing stage three...credit crunches Bear Stearns fall again. It stock value plummeted 47.4% or US$27 (S$37 to US30/- last Friday Stock selloff deepens on credit market fears (source...money.cnn.com) posted Nov 3, 2007
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stevento
Senior |
16-Mar-2008 14:10
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What's our big 3 exposure to Sub-prime? Has it been fully written off yet? If not, we will see the selling off of banks shares on Mon. |
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soloman
Master |
16-Mar-2008 12:15
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Previously I said some small banks will fail in US Turn out to be half true only I did not know a BIG BANK will actually fail |
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soloman
Master |
16-Mar-2008 12:13
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Business Times : Citigroup sees at least 100 bps US rate cut on Tuesday Obviously trying best to forestall a huge global crisis if not handled well We are in a serious crisis at the very moment as it unveils itself |
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