Post Reply
1-20 of 25
Sentiment should improve if White house confirm taking stakes in US banks. This would add to a sign of confidence at least. Europe market now up at least 2%.
How 'low' do u think STI will go then? :p
aya folks...the rush by STI from 2400 to current level of 2020 is way over due..it should have started 1 yr back since 17-aug-2007 when the 1st subprime woes new are out!! haha..it is only that STI and global stocks are doing the "catchup" now :D
its way too soon it seems to be within reach of 1800...it seems only recently that we heard of this 1800 support ..then it is now near 2000...all these supports broken without even going sideways or rangebound before proceeding further...its just too fast and furious...
or could it possibly that the market is rushing all the way to its next support before bouncing it back in a concise manner?
novena_33 ( Date: 08-Oct-2008 16:34) Posted:
|
look like 1800 is within reach ...... haiz....so soon....
| Dec 2008 | Change | Level | Last Update† | |
|---|---|---|---|---|
 |
||||
| S&P 500 | -34.20 | 971.30 | 10/8 4:08am |  |
| Fair Value | 999.75 | 10/7 9:41pm | ||
| Difference* | -28.45 | |||
|
||||
| NASDAQ | -41.25 | 1295.25 | 10/8 4:06am |  |
| Fair Value | 1339.51 | 10/7 9:41pm | ||
| Difference* | -44.26 | |||
|
||||
| Dow Jones | -306.00 | 9232.00 | 10/8 4:08am |  |
| DJIA Contracts | ||||
hopefully the international governments are coming out with a feasible and viable way to save us from the dire straits we r in
buysell ( Date: 08-Oct-2008 15:25) Posted:
|
the sudden correction both STI & HSI? due to the europe govt assistance? do we see lights from here with govt & bank cutting rate...hope the confidence will slowly instill back to mkt.
One last thing to post...if your counter is lousy..it could go belly up if the recession drag on for years...so be careful..
buy only blues..to be safe.
To be honset,, personnally still stuck some 10%..in stock in blues..but leave that as a remender of this crises..vest heavily 70% in PM relate since sold the market,make little profit only, but will see it grow big soon.
I fully understand the feeling of those who still hold on to their stock..my advise is if your counter is solid or blues..leave it ,,good time will come. but it is going to be a long wait..my guess 2 years..nobody really know when....it may come back fast,,,that explain why me still got 10% stuck in stocks..dont be sad..this forun is as good as we are alive,,,so is your stock...loss $. dont loss your lives..your sleep..you still got alot of thing in lives...look around..cheer up..vest with $ u can afford to lose..not up to the nose..
For me, i will sell most first , then buy later cheaper.so when good time come we break even faster...it is more profitable than averaging down,, and averaging down need alot of $...
Now there are shortage of gold coin as report...tonite would not be surprise..
If gold will have a hundred $ rise when trading start in NYMEX....there are lot of panic now in the US..
gold will in the news..
All fiat system rot...the real safety is gold not US$..ppl will start to chase gold and silver...
no,no..you are dead wrong,,,see here
http://www.netdania.com/Products/QuoteList/QuoteList.aspx
hotstock ( Date: 08-Oct-2008 14:36) Posted:
|
Gold will come down together.... See the macro first....
From now on, gold and silver will no longer corelate to oil and dollar..it is functioning as safe haven.
get in nowDYODD.
Buy gold below 1000..maybe your last chance to buy..2009 will be the year of gold and silver..
If you are feel with fear..think safety..think GOLD and SILVER..
As I write, it is only 32 points away to 2000. Once it goes under, i think there are more blood to go. JKT market is halt, KL markets free fall, everywhere RED which would lead to more red tonight....
The general feeling here is as long as the counter is not close to 0.5 cent, there are still lots to drop... See S-chip.....
based on technicals... I think the next critical support is at 1800...
The Commercial Paper Funding Facility is the latest effort to unlock the credit markets by the US Fed. It goes to show how difficult it is now for US company to source for short term money to tie over the difficult period.
All commodities are now not sustainable. As the stock market weakens and fear factor at its high, all sort of trading markets shall eventually sync towards a downtrend that takes a long time to recover.