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STI to cross 3383 by 2011 Nov
steadylar
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29-Jul-2011 23:28     
 
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 Alert Admin 		Amazing! Did u guys see the Dow, S& P nasdaq all turning less red after Obama delivered the speech 10am US time? awesome, my hero, Obama,  Best Speaker of the entire world!!!!
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rotijai
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29-Jul-2011 23:23     
 
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and the whole 100 negative points got recovered within 20-25 minutes..

i guess democrats and republicans have given signals to their rich friends tat they are going to compromise to a deal..

Gaecia      ( Date: 29-Jul-2011 22:57) Posted:



the index will be propped up regardless.

rotijai      ( Date: 29-Jul-2011 22:34) Posted:



master gaecia.. i think even if today the US closes very red.. as long as over the weekend they somehow manage to solve the debt prob..

monday might not be cheap

but if they dont manage to solve the debt ceiling.. even if the US closes very green.. monday will be chea
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eurekaw
Master
29-Jul-2011 23:06     
 
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11:00a

U.S. stock losses lessen Nasdaq in positive turf



Next Week onwards, stocks will not be cheap

Obama urges debt-ceiling compromise by Tuesday



WASHINGTON -- President Barack Obama on Friday morning urged congressional Republicans and Democrats to compromise on a measure to lift the debt ceiling and cut the deficit by Tuesday. " There are plenty of ways out of this mess but we are almost out of time," Obama said, as the Senate planned to move forward with its own bill and House Republicans scrambled to shore up support for their own. The Treasury says the debt limit needs to be raised by Aug. 2 or the U.S. government won't be able to pay bills.
  1. 10:43a

    Obama confident debt ceiling will be resolved

  2. 10:42a

    Obama would back mechanism as part of debt deal



 
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rotijai
Supreme
29-Jul-2011 23:02     
 
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short covering in progress..

after stocks falling for days.. it's profit taking day afterall :)

Gaecia      ( Date: 29-Jul-2011 22:57) Posted:



the index will be propped up regardless.

rotijai      ( Date: 29-Jul-2011 22:34) Posted:



master gaecia.. i think even if today the US closes very red.. as long as over the weekend they somehow manage to solve the debt prob..

monday might not be cheap

but if they dont manage to solve the debt ceiling.. even if the US closes very green.. monday will be chea
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Gaecia
Elite
29-Jul-2011 22:57     
 
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the index will be propped up regardless.

rotijai      ( Date: 29-Jul-2011 22:34) Posted:



master gaecia.. i think even if today the US closes very red.. as long as over the weekend they somehow manage to solve the debt prob..

monday might not be cheap

but if they dont manage to solve the debt ceiling.. even if the US closes very green.. monday will be cheap

Gaecia      ( Date: 29-Jul-2011 22:24) Posted:


The answer is -> Monday cheaper
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rotijai
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29-Jul-2011 22:57     
 
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whooa.. those crazy ppl who dared to jump in just now..

now smile beee beee :)

rotijai      ( Date: 29-Jul-2011 22:39) Posted:



TA wise..

most stock markets are hitting 200 ma soon.. if the solution is out over the weekend.. next week will be one rally week

anyway.. like wat master ipunter say.. it will be juicy peaks :)

louis001      ( Date: 29-Jul-2011 22:37) Posted:



 

The Dow Jones Industrial Average dropped 100+ points early Friday, and stocks were on track to post their worst weekly losses in nearly a year after data showed meager growth in the economy and debt deal deadlock kept investors nervous...Yahoo finance

like Senate Democratic Leader Harry Reid  said:" the time has come to make a decision" and for investor' decision next week will be play, run, wait/hold or show hand...???

it's going to get worst before it starts to get better, sound familiar huh.....
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rotijai
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29-Jul-2011 22:39     
 
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TA wise..

most stock markets are hitting 200 ma soon.. if the solution is out over the weekend.. next week will be one rally week

anyway.. like wat master ipunter say.. it will be juicy peaks :)

louis001      ( Date: 29-Jul-2011 22:37) Posted:



 

The Dow Jones Industrial Average dropped 100+ points early Friday, and stocks were on track to post their worst weekly losses in nearly a year after data showed meager growth in the economy and debt deal deadlock kept investors nervous...Yahoo finance

like Senate Democratic Leader Harry Reid  said:" the time has come to make a decision" and for investor' decision next week will be play, run, wait/hold or show hand...???

it's going to get worst before it starts to get better, sound familiar huh.....
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louis001
Master
29-Jul-2011 22:37     
 
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The Dow Jones Industrial Average dropped 100+ points early Friday, and stocks were on track to post their worst weekly losses in nearly a year after data showed meager growth in the economy and debt deal deadlock kept investors nervous...Yahoo finance

like Senate Democratic Leader Harry Reid  said:" the time has come to make a decision" and for investor' decision next week will be play, run, wait/hold or show hand...???

it's going to get worst before it starts to get better, sound familiar huh.....
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rotijai
Supreme
29-Jul-2011 22:34     
 
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master gaecia.. i think even if today the US closes very red.. as long as over the weekend they somehow manage to solve the debt prob..

monday might not be cheap

but if they dont manage to solve the debt ceiling.. even if the US closes very green.. monday will be cheap

Gaecia      ( Date: 29-Jul-2011 22:24) Posted:


The answer is -> Monday cheaper.

steadylar      ( Date: 29-Jul-2011 17:51) Posted:

The fall of a once mighty natio
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Gaecia
Elite
29-Jul-2011 22:24     
 
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The answer is -> Monday cheaper.

steadylar      ( Date: 29-Jul-2011 17:51) Posted:

The fall of a once mighty nation

risktaker      ( Date: 29-Jul-2011 11:57) Posted:

i already say in the morning boehner will be block. They have no chance of going thru the house vote thats why they wont even vote tonight. why would they waste time? it will be the biggest joke in the world if US default. It shows how divided is the America. It has mark its downfall. well it will remain as super power but it wont be number 1 very soon. Funds will exit US for sure even after debt ceiling been raise. US is no longer the US we used to know. US will rebound tonight. However we will leave US market totally by 2011 nov if theres no improvement in their system. We feel that funds will exit US and enter Asian market. As politics are more stable than the US. also more growth. Thats why we have shifted to hong kong market. we are bullish with China and confident with thier one party government. Dont worry US debt ceiling will be raise ultimately this coming tuesday. The question is who will give in more the republicans or the demcrats. i expect major rally is in the making. dow jone might jump 300-500 points next week
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eurekaw
Master
29-Jul-2011 21:58     
 
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 Alert Admin 		WASHINGTON -- Senate Democratic Leader Harry Reid plans to bring a bill to raise the debt ceiling and cut the deficit to the Senate floor on Friday. Reid said he can't wait any longer for House Republicans to act on their own bill, which stalled in the House Thursday night. The Treasury says the debt ceiling needs to be raised by Aug. 2 or the U.S. won't be able to pay its bills. " The time has come to make a decision," Reid said.
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iPunter
Supreme
29-Jul-2011 21:37     
 
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Old time 'economic cycles' don't exist no more in this

              new era of unprecedented US 'debt consciousness'...  Smiley

 
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timqoo
Senior
29-Jul-2011 21:27     
 
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 Alert Admin 		looks like wall street big bears are massing tonight  Smiley
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iPunter
Supreme
29-Jul-2011 21:17     
 
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European markets are now pengsan big time...

      Dow futures are even more pengsan...

                Ominous signs for the weeks ahead?...  Smiley
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MasterNg9999
Senior
29-Jul-2011 18:41     
 
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Yells: "Isnt Human center of the universe???"
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hahaha thats mean more opera for me .....

Raising the debt ceiling by executive order could provoke impeachment



The U.S. Constitution clearly sets out the functions and authorities of the three branches of government. Article 1, Section 8 establishes the powers reserved to Congress. Included among the powers are:

" The Congress shall have power to lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the United States...to borrow money on the credit of the United States..."

Congress alone has the legal authority to extend the borrowing authority of the federal government. If the president chose to raise the debt limit on his own by use of executive order he would be guilty of exceeding the constitutional powers of the executive branch and of usurping the powers reserved to Congress.

More entertainment and fun .... thanks risktaker

Cheer


 

 
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risktaker
Supreme
29-Jul-2011 18:24     
 
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Yells: "Sometimes you think you know, but in fact you dont"
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If all else fail :)


President Barack Obama can invoke the 14th amendment to hike the debt ceiling unilaterally as a last resort to prevent a government default


The 14th amendment states that the " the validity of the public debt … shall not be questioned" and many are suggesting it may empower the president to raise the debt ceiling without congressional input.

 
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steadylar
Veteran
29-Jul-2011 17:53     
 
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 Alert Admin 		...the result of watching too much hollywood movies, and paying little attetnion to education
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steadylar
Veteran
29-Jul-2011 17:51     
 
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 Alert Admin 		The fall of a once mighty nation

risktaker      ( Date: 29-Jul-2011 11:57) Posted:

i already say in the morning boehner will be block. They have no chance of going thru the house vote thats why they wont even vote tonight. why would they waste time? it will be the biggest joke in the world if US default. It shows how divided is the America. It has mark its downfall. well it will remain as super power but it wont be number 1 very soon. Funds will exit US for sure even after debt ceiling been raise. US is no longer the US we used to know. US will rebound tonight. However we will leave US market totally by 2011 nov if theres no improvement in their system. We feel that funds will exit US and enter Asian market. As politics are more stable than the US. also more growth. Thats why we have shifted to hong kong market. we are bullish with China and confident with thier one party government. Dont worry US debt ceiling will be raise ultimately this coming tuesday. The question is who will give in more the republicans or the demcrats. i expect major rally is in the making. dow jone might jump 300-500 points next week.

Gaecia      ( Date: 29-Jul-2011 11:25) Posted:



The million $ qn is, will Fri (today)  be cheaper or Mon cheaper then? It is clear there will be no republican vote tonight US time.

risktaker
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steadylar
Veteran
29-Jul-2011 17:50     
 
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sigh...Prince Harry, young n reckless, hope he settles down soon, just like his elder bro, then he'll not try funny ideas like going to afghanistan again
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niuyear
Supreme
29-Jul-2011 15:48     
 
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 Alert Admin 		  i type wronglly in my message posted    -  should be " Clown" , not " crown" . 

iPunter      ( Date: 29-Jul-2011 15:23) Posted:

Read about the son of the British Crown  (forum)... (click) ... Smiley


niuyear      ( Date: 29-Jul-2011 15:17) Posted:



Singaporoe cant afford to have any crown...


Just one clown can ruin us.....

 

 
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