Post Reply
1-12 of 12
So far DOW not crashing, down about 300 pts only. Used to it already. Relax... Where got crash? Ha...Ha..LOL. It must go down, then there is room for up. Be positive and have a good night sleep.
Quite unlikely GM file chapter 11. GM have many sub companies under their arm and those companies are not small company. If they do really face liquidity problem, the most is they let go a couple of these subsidiaries and cuts earning forecast.
L..... ( Date: 24-Oct-2008 20:30) Posted:
|
I think the FED must be a GOD tonight to come out and do a emergency rate cut prevent the crash. They did it the last time when the French bank collasp due to one man fraud trading. Can't remember the name of the bank. Well that rate cut rescue the mkt as I remembered the futures was like -800pts.
beware.. chapter 11 for GM may happen tonight
yup.. europe in deep red.. DJ only shed like 40+% so far.. more to come man...
idesa168 ( Date: 24-Oct-2008 20:12) Posted:
|
This is the first time I heard of daily trading limit in DJ Futures....6%. That means that the futures will stop here till the mkt opens in an hour time? Be prepare for a crash in DJ tonight! The last time the record was -770pts. Dun know what will the number be tonight! I got my potato chips ready to watch the match...no work tomorrow, can stay late into the early morning!
Nick, Monday no trading lah!
aya..folks...it is just my hunch there will be a crash in Oct in 2008 leh..this is UNAVOIDABLE cycle of stock mkt....anyway i really hope that crash come on 27 or 28 Oct loh....big crash then we all MOVE ON...and make more $$$ cheers !! :P
Yah all know that Nick is the resident shorties here!
Whether long or short the principle is still the same, BUY LOW SELL HIGH, just the sequence is different!
He is a bear, playing the short side...
Thus he is happy with the profitss...
And anyone can play bull or bear as they wish... They have the free choice... hehehe... 
I wonder. It seems you feel very proud and very happy to do such a miss guided and scarry posting?
hee...ok at last BLACK Mon/Tue for OCT crash is confirmed !! hee...phew! last mon of the Month!! :D
hee...