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Oct crash/correctN is coming!one more Monday left!
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Me too oso felt dat tmr's e last & only day'll cheong in Oct09. But dun expect much...
Nov09'll b our small caps' turn...
http://money.cnn.com/2009/10/23/news/economy/bank_failure/index.htm?postversion=2009102320
Banks in Florida, Georgia, Illinois, Minnesota and Wisconsin, were shuttered, costing the FDIC an estimated $356.6 million. NEW YORK (CNNMoney.com) -- The tally of bank failures easily broke past the No. 100 milestone on Friday night, with regulators announcing the year's 106th closure.
That's more than four times the number that were closed in 2008, and the highest total since 1992, when 181 banks failed
Earlier on Friday evening the dubious honor of the 100th failure went to Partners Bank, of Naples, Fla., which had $65.5 million in assets, according to the Federal Deposit Insurance Corp.
The 101st failure was American United Bank, of Lawrenceville, Ga., which had $111 million in assets.
The 102nd failure was another Naples, Fla., institution: Hillcrest Bank Florida, which had $83 million in assets.
The 103rd closure was Bradenton, Fla.-based Flagship National Bank, with $190 million in assets.
The 104th was Bank of Elmwood, based in Racine, Wis., which had $327.4 million in assets.
The 105th failure was Riverview Community Bank of Otsego, Minn., with $108 million in assets.
The 106th failure was First Dupage Bank in Westmont, Ill., which had $279 million in assets.
Customers of all seven banks are protected, however. The Federal Deposit Insurance Corp., which has insured bank deposits since the Great Depression, covers customer accounts up to $250,000. This is funded through premiums paid by member banks.
Down 1% is within normal fluctuation range, down 5% then start to get worry. Reporting season, why worry, dip is time to load but dont be greedy hor, make a few % enough oledi...dont sit and wait for it to become a rotten once golden egg.
elisa28 ( Date: 23-Oct-2009 23:37) Posted:
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Correction on Monday 25th, Dow Jones "Lau Sai"
Down 100 points. Can buy cheap already.
Songggggggggggggggggggggg Ahhhhhhhhhhhhhhhhhhhhh
tankuku ( Date: 23-Oct-2009 10:04) Posted:
Yes Oct moving toward Nov, STI should head toward 2800. Not likely to have correction with Q3 profit positive for most company.
Oil and gas related stock should have a positive impact with oil price moving up.
Top pick include Ezra, Ezion, and Olam, Noble |
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Correction on Monday 25th, Dow Jones "Lau Sai"
Down 100 points. Can buy cheap already.
Songggggggggggggggggggggg Ahhhhhhhhhhhhhhhhhhhhh
tankuku ( Date: 23-Oct-2009 10:04) Posted:
Yes Oct moving toward Nov, STI should head toward 2800. Not likely to have correction with Q3 profit positive for most company.
Oil and gas related stock should have a positive impact with oil price moving up.
Top pick include Ezra, Ezion, and Olam, Noble |
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Yes Oct moving toward Nov, STI should head toward 2800. Not likely to have correction with Q3 profit positive for most company.
Oil and gas related stock should have a positive impact with oil price moving up.
Top pick include Ezra, Ezion, and Olam, Noble
seems that there is no correction again in october?
Might Heavy Buy up certain Energy Shares :) Oil is gonna hike further as economy conditions improve :)
wun know unless he's MFT..
tech stocks wun b that great following US tech sector's performance.. bank stocks would probably drop..
not too sure abt oil counters though..
Note: above are just opinions based on the performance (factors which caused the rise/fall) of the dow yesterday.. dyodd pls!
aircraft ( Date: 23-Oct-2009 08:41) Posted:
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like which counters ? =)
Hope you guys have pick up some yesterday :) Gonna Push few shares up 5%-10% today :)
:) well let see coming days then
nickyng ( Date: 22-Oct-2009 15:05) Posted:
well...sometimes it is not a mattar of they WANT or DONT WANT...sometimes thing happen BECOS they CANNOT CONTROL THEM !..i think that trillions of USA deficit and housing jobless woes they are still experiencing will snowball big in time to come...a mattar of time ..the financial bomb will explodes again :P
risktaker ( Date: 22-Oct-2009 14:10) Posted:
| Currently the world need sustainable recovery and We cannot afford to have another Market Crash......... :) Trust me they will not allow this to happen. I am starting to cover my short and buy more shares
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well...sometimes it is not a mattar of they WANT or DONT WANT...sometimes thing happen BECOS they CANNOT CONTROL THEM !..i think that trillions of USA deficit and housing jobless woes they are still experiencing will snowball big in time to come...a mattar of time ..the financial bomb will explodes again :P
risktaker ( Date: 22-Oct-2009 14:10) Posted:
Currently the world need sustainable recovery and We cannot afford to have another Market Crash......... :) Trust me they will not allow this to happen. I am starting to cover my short and buy more shares
risktaker ( Date: 22-Oct-2009 11:48) Posted:
| from my analysis :) Not Yet ... we are still in rally mode just a little fall back haha : |
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Currently the world need sustainable recovery and We cannot afford to have another Market Crash......... :) Trust me they will not allow this to happen. I am starting to cover my short and buy more shares
risktaker ( Date: 22-Oct-2009 11:48) Posted:
from my analysis :) Not Yet ... we are still in rally mode just a little fall back haha :P
nickyng ( Date: 22-Oct-2009 11:14) Posted:
| hee.....remember folks! we are still in Oct month !! looks like global mkt is going into CORRECTION phase soon !! stay tune !!! :P
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haha....well...gd luck to u then! borrowing someone's phrase..."Dont Get Killed While trying to pick a nickel on a RAILWAY track" ! :P
Hulumas ( Date: 22-Oct-2009 11:32) Posted:
Despite you bad news every time, I keep buying all the time and make profit all the time and so far so good, I am so sure the mid to long term trend is still up, not untill STI breaks above 3,800!!!
nickyng ( Date: 22-Oct-2009 11:14) Posted:
| hee.....remember folks! we are still in Oct month !! looks like global mkt is going into CORRECTION phase soon !! stay tune !!! :P
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from my analysis :) Not Yet ... we are still in rally mode just a little fall back haha :P
nickyng ( Date: 22-Oct-2009 11:14) Posted:
| hee.....remember folks! we are still in Oct month !! looks like global mkt is going into CORRECTION phase soon !! stay tune !!! :P
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Lets use human body parts to elaborate -
Nickyng not only breaking bones, but, also sucking marrows out of the bones. What straw size you need - small, medium or large... hehehe
Hulumas ( Date: 22-Oct-2009 11:32) Posted:
Despite you bad news every time, I keep buying all the time and make profit all the time and so far so good, I am so sure the mid to long term trend is still up, not untill STI breaks above 3,800!!!
nickyng ( Date: 22-Oct-2009 11:14) Posted:
| hee.....remember folks! we are still in Oct month !! looks like global mkt is going into CORRECTION phase soon !! stay tune !!! :P
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Despite you bad news every time, I keep buying all the time and make profit all the time and so far so good, I am so sure the mid to long term trend is still up, not untill STI breaks above 3,800!!!
nickyng ( Date: 22-Oct-2009 11:14) Posted:
| hee.....remember folks! we are still in Oct month !! looks like global mkt is going into CORRECTION phase soon !! stay tune !!! :P
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hee.....remember folks! we are still in Oct month !! looks like global mkt is going into CORRECTION phase soon !! stay tune !!! :P
