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cyjjerry85
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20-Feb-2008 18:33
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5:09am: Solid earnings from HP help offset renewed credit fears; Fed minutes, key inflation reading on deck. -CNN Money |
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jasonrxz
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20-Feb-2008 18:26
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Dow Jones future gain some ground ==> from -67 to now onset at -15 hope the FOMC later at 0200hrs local time will give swee swee results... Is it true to say that CPI will at least in line with expectations as wal mart have a profit yesterday?? Hope i am correct and let's see GREEN after closing. Very confident that the minutes from FED will be good news. No recession when G.Bush still around. After election, there will be any assurance though. Let's X fingers ok? huat AR |
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cyjjerry85
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20-Feb-2008 18:13
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many are expecting the Fed to lower rates again in March....in a report last week seen in CNN Money, it was said tt investors are almost a 100% certain of another rate cut | ||||||||||||||||||||||||||||
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giantlow
Master |
20-Feb-2008 15:51
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limhpp, i think that you got it wrong here when pple are taking profit, it means that there are more sellers than buyers. my personal view is to stay on the sidelines and wait for opportunities to open up. Green8, the FED cannot keep lowering down interest rates. more specific measure to address the problem is needed |
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Green8
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20-Feb-2008 15:14
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Will Fed Reserve Chairman lower interest rate further? Short term low interest rate helps to revive economy, right? |
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limhpp
Veteran |
20-Feb-2008 08:37
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When people taking profit means that people are buying up too. Not to worry too much. |
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louis_leecs
Elite |
20-Feb-2008 08:34
Yells: "half cash" |
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market very weak,,,,,,,ppl here will go in again,,,,,but all of them profit taking,,,,,cos now all of them jus sell to take profit at tis moment,,,,,, STI look very tire,,,,,so take care,,,,,hope thhose early bird can catch last womd.... | ||||||||||||||||||||||||||||
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giantlow
Master |
20-Feb-2008 08:22
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louis_leecs, u are spot on. the DOW merely dropped 0.09 percent, relatively unchanged from previous session. i dun think the FED should continue to cut rate, cos everytime they cut rates, oil prices increase. maybe they should be more industry specific in their action perhaps 20% tax rebate for all financial companies?? |
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huatah
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20-Feb-2008 07:18
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Wall Street gave up a big early advance and closed mixed Tuesday after oil prices closed above $100 for the first time and stoked fears that inflation will stymie an already troubled economy. The Dow Jones industrial average fell 10.99, or 0.09 percent, to 12,337.22 after being up more than 150 points earlier in the session. FED dun cut rates... they fear.. FED cut rates.. cause inflation.. they fear too.. KNN.... they got study financial or not.. |
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louis_leecs
Elite |
19-Feb-2008 23:42
Yells: "half cash" |
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dow jones open hight not a good sign,,,,,,,look like very tire,,,,,,i feel alot ppl there going to take profit soon,,,,,,may be selling akang datang,,,,,,reverse to negative teritory when market close,,,,,,,,,,,,,,take care,,,,, | ||||||||||||||||||||||||||||
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cyjjerry85
Elite |
19-Feb-2008 23:14
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like to make a guess...a prediction that it will close 90+ | ||||||||||||||||||||||||||||
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koolsice
Member |
19-Feb-2008 22:34
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All systems go for a strong opening. Hopefully it closes even stronger for another rally on STI tomorrow.. All the best everyone! |
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mike8057d
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19-Feb-2008 21:47
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Stocks ready to rollFutures advance as investors return from holiday weekend, helped by Wal-Mart earnings. |
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mike8057d
Veteran |
19-Feb-2008 21:43
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so today..DOW will be UP? | ||||||||||||||||||||||||||||
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cyjjerry85
Elite |
19-Feb-2008 21:31
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just an update for our SJ forumers:
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winsontkl
Elite |
19-Feb-2008 21:26
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Wahh....CHEONG all the way..... | ||||||||||||||||||||||||||||
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moneyface
Senior |
19-Feb-2008 21:02
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futures +130 hope it does not fizzle out before the close | ||||||||||||||||||||||||||||
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cyjjerry85
Elite |
19-Feb-2008 20:00
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Wal-Mart tops $100B in quarterly salesWorld's largest retailer's profit rises in the fourth quarter, boosted by global sales.NEW YORK (CNNMoney.com) -- Wal-Mart said Tuesday profit rose 4% in the latest quarter, helped by strong international sales. The world's largest retailer said that net income from continuing operations rose to $4.1 billion, or $1.02 a share, in the fourth quarter. Net sales rose 8.3% to $106.3 billion, up from $99.1 billion in the same period last year. The company's earnings were in line with Wall Street's expectations. Analysts polled by Thomson Financial had expected the Bentonville, Ark.-based company to earn $1.02 per share during the quarter.Wal-Mart (WMT, Fortune 500) recently released a weaker-than-expected 0.5% gain in same-store sales for January but still beat rival Target (TGT, Fortune 500), which posted a 1.1% decline in same-store sales for the month. Other major retailers will report earnings soon, including J.C. Penney (JCP, Fortune 500) on Thursday, followed by Target and Sears (SHLD, Fortune 500) next week |
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cyjjerry85
Elite |
19-Feb-2008 19:20
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Stocks set for opening gainsFutures advance as investors return from holiday weekend; Wal-Mart earnings on tap.LONDON (CNNMoney.com) -- U.S. stocks looked set for an upbeat start Tuesday as investors returned from the holiday break and awaited earnings from retail behemoth Wal-Mart. At 5:21 a.m. ET, Nasdaq and S&P futures were higher, indicating opening gains for Wall Street. U.S. markets were closed Monday for President's Day. Wal-Mart (WMT, Fortune 500), the world's largest retailer, is due to report earnings before the market open. Analysts are expecting the company to post earnings of $1.02 a share - a 10% jump from the year-ago period. Revenue is forecast to rise 8% to $106.9 billion. Among stocks to watch, troubled bond insurer Ambac (ABK) is discussing a plan to raise $2 billion in capital to protect is sterling triple-A rating, according to the Wall Street Journal. The union representing pilots at Delta (DAL, Fortune 500) and Northwest (NWA, Fortune 500) have agreed to a deal to consolidate membership under a merged carrier, the Detroit News reported. The move removes a major hurdle to a merger of the two airlines. |
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ghlau935
Veteran |
19-Feb-2008 19:13
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2036 GMT [Dow Jones] EUROPEAN STOCKS: Stocks rose on boost by sharp gains for rivals of Northern Rock, miners on expectations of sharp increases in iron ore prices. Big gains for UK banks after British government said Sunday it will nationalize Northern Rock temporarily until it can find a buyer. Barclays +7.6% while Royal Bank of Scotland +2.9%, HSBC Holdings +3.2%. UK banking sector also starts reporting FY earnings in earnest this week; "Some highly attractive yields are likely to be confirmed, offering a possible catalyst to performance," said Gareth Williams, strategist at ING. Potential Rio Tinto owner BHP Billiton +4.3%, plus Anglo American +2.8%. European banks showed gains, Credit Suisse +3.2% as Qatar PM said state has accumulated stock in Swiss bank. Pockets of weakness also were evident; IKB Deutsche Industriebank fell 24% as German lender unveiled plans to sell 1.5 billion Euros in shares as part of government-sponsored bailout in attempt to recover from subprime crisis. Societe Generale +0.6% despite rogue trading scandal, as investors eye several possible new developments. Pan-European Dow climbed +1.9%, UK FTSE 100 +2.8%, Germany's DAX 30 +2%, French CAC-40 +1.9%. (TIF) | ||||||||||||||||||||||||||||
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