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DOW

i pray for real recovery for the world.........

http://www.youtube.com/watch?v=oazI_zsrlko

 

whatever happen, just relax...dont be quick to quarrel, you may regret later...

when ever you are abt to abuse, or be abuse...thk like this" life is short" then you will be more forgiving...

we are leasee in this place call earth, as you live your lease got shorter..

so take it easy with ppl ard you...slow to anger, fast to praise..and fast to say sorry..

like i did....and i feel good ..it is ok to dislike me, but just dont upgrade it to hate,

thanks for your kindness.....

 

i hear nothing of this...so si'm orry..i cannot say anything...

m0shii      ( Date: 27-Aug-2009 23:27) Posted: cheongwee, what u think of Map Tech tomorrow. hope k share some views cheongwee      ( Date: 27-Aug-2009 23:03) Posted: I know the economy is bad. but who care...there is $$$to make ... you know there is a saying..."if you cannot beat them, you join them" yoo are going against the trend right now is wrong...you gain nothing...you lose alot..of $$$ makeing opportunity.. that is all....gd luck to you...and good nite..

 

Thank you for the comment.

cheongwee      ( Date: 27-Aug-2009 23:29) Posted: well..."if you said so then it must be so, it cannot be otherwise" thanks you...i am playing with the casino money now..i can never lose... it is the market money...the profit...the most less profit.. only stubborn ppl lose... they lose their  integrity, by been stubborn to the fact... Integrity      ( Date: 27-Aug-2009 23:20) Posted: Haha. Good luck to you then.

 

well..."if you said so then it must be so, it cannot be otherwise"

thanks you...i am playing with the casino money now..i can never lose...

it is the market money...the profit...the most less profit..

only stubborn ppl lose...

they lose their  integrity, by been stubborn to the fact...

Integrity      ( Date: 27-Aug-2009 23:20) Posted: Haha. Good luck to you then.

 

cheongwee,

what u think of Map Tech tomorrow. hope k share some views

cheongwee      ( Date: 27-Aug-2009 23:03) Posted: I know the economy is bad. but who care...there is $$$to make ... you know there is a saying..."if you cannot beat them, you join them" yoo are going against the trend right now is wrong...you gain nothing...you lose alot..of $$$ makeing opportunity.. that is all....gd luck to you...and good nite..

 

Haha. Good luck to you then.

 

 

the problem is you did not miss the train, you alighted too early...

thus you miss alot of profit...am i right???

and no..dow did not plunge..50pts down is nothing..to shout...even 100 pts...only 500pts..coming, but not now...

your cash is not declining, but it is growing ???not growing right.......like mine cash on guocoleisure...tioong woon...etc..etc..

buy qianhu...sure be happy ok...pls dyodd..

Integrity      ( Date: 27-Aug-2009 23:05) Posted: Oh no, i am very satisfied with my profits now. Staying risk free and without stress is healthy. Did i miss the train? No, i just alight... hehe DOW is plunging now but my cash will not decline, right? cheongwee      ( Date: 27-Aug-2009 22:57) Posted: Aiyoyo...you make $$$..still can make..trust me...dont be scare...u still got one whole month.. you know how much i make...i dont want to post here...u never believe,,,but important thing is the rally is still on....you are missing the opportunity.. i know the data are doctor...i know they are political point to score for them...i know all.. but i know this...you are sour that u miss the train...am i right??...be honest with me...it is normal for jeolousy...i know this is human...no worry...yah.. never mind just join cheongwee in his stock...u be a happy woman like me...pls dyodd..

 

Everyone can sleep peacefully tonight. Quite safe as volume is thin, DowJones is a strong man.

 

Aug 27, 2009, 11:10 a.m. EST

U.S. stock market takes detour from positive economic data

NEW YORK (MarketWatch) -- The U.S. stock market on Thursday continued a recent pattern of shrugging off good news, with moves in China and falling oil furthering worries about a recovery, with positive data seen as already factored into the market.

 

stupid and disapointing statement and action for ang mo ....

 

Sorry, i do not really follow the trend especially after this weird rally, im out of equities.

Just remember this, buy when people are selling and sell when people are buying.

Making money opportunites will come after the pullback but don't expect anytime soon.

cheongwee      ( Date: 27-Aug-2009 23:03) Posted: I know the economy is bad. but who care...there is $$$to make ... you know there is a saying..."if you cannot beat them, you join them" yoo are going against the trend right now is wrong...you gain nothing...you lose alot..of $$$ makeing opportunity.. that is all....gd luck to you...and good nite..

 

Oh no, i am very satisfied with my profits now.

Staying risk free and without stress is healthy.

Did i miss the train? No, i just alight... hehe

DOW is plunging now but my cash will not decline, right?

cheongwee      ( Date: 27-Aug-2009 22:57) Posted: Aiyoyo...you make $$$..still can make..trust me...dont be scare...u still got one whole month.. you know how much i make...i dont want to post here...u never believe,,,but important thing is the rally is still on....you are missing the opportunity.. i know the data are doctor...i know they are political point to score for them...i know all.. but i know this...you are sour that u miss the train...am i right??...be honest with me...it is normal for jeolousy...i know this is human...no worry...yah.. never mind just join cheongwee in his stock...u be a happy woman like me...pls dyodd.. Integrity      ( Date: 27-Aug-2009 22:51) Posted: Yes, 416 is a big concern now, the problems and toxic assets are still rising despite the fact that the stimulus plans are not working.

 

I know the economy is bad. but who care...there is $$$to make ...

you know there is a saying..."if you cannot beat them, you join them"

yoo are going against the trend right now is wrong...you gain nothing...you lose alot..of $$$ makeing opportunity..

that is all....gd luck to you...and good nite..

 

Forgot the substantial amount used for stimulus plans amount to trillions of dollars? Without this future money used, the current US will be worse than the 1930 Great Depression.

And yes, after using up this money, is the economy now improving or???

 

Aiyoyo...you make $$$..still can make..trust me...dont be scare...u still got one whole month..

you know how much i make...i dont want to post here...u never believe,,,but important thing is the rally is still on....you are missing the opportunity..

i know the data are doctor...i know they are political point to score for them...i know all..

but i know this...you are sour that u miss the train...am i right??...be honest with me...it is normal for jeolousy...i know this is human...no worry...yah..

never mind just join cheongwee in his stock...u be a happy woman like me...pls dyodd..

Integrity      ( Date: 27-Aug-2009 22:51) Posted: Yes, 416 is a big concern now, the problems and toxic assets are still rising despite the fact that the stimulus plans are not working.

 

the loss of bank is 140billion......nw if ajusted for inflation is...1.44T!!!!!

What cost $140000000000 in 1930 would cost $1444519277571.91 in 2000. Also, if you were to buy exactly the same products in 2000 and 1930, they would cost you $140000000000 and $14389597705.47 respectively. Do you want to do another calculation?

 

Yes, 416 is a big concern now, the problems and toxic assets are still rising despite the fact that the stimulus plans are not working.

 

you know how many bank are there in US....

Chart 4. The title is "Number of U.S. Banks by Size Category"

A bar chart. 4,893 banks or savings institutions have more than $100 million in assets; 3,517 have $100 to $500 million; 859 have $500 million to $5 billion; 150 have $5 to $50 billion; and 22 have more than $50 billion

 

and that is after the 416 go under...so what is 416??

do you know how bank fail in the last depression...9000..i highlight in yellow color...that is scaring..

416 ...is nothing...

 

In the 1920s, Nebraska and the nation as a whole had a lot of banks. At the beginning of the 20s, Nebraska had 1.3 million people and there was one bank for every 1,000 people. Every small town had a bank or two struggling to take in deposits and loan out money to farmers and businesses. As the economic depression deepened in the early 30s, and as farmers had less and less money to spend in town, banks began to fail at alarming rates. During the 20s, there was an average of 70 banks failing each year nationally. After the crash during the first 10 months of 1930, 744 banks failed – 10 times as many. In all, 9,000 banks failed during the decade of the 30s. By 1933, depositors saw $140 billion disappear through bank failures. Gresham, Nebraska, had two banks – one too many for that small town. The bank in danger of failure merged with the other. Gresham resident Walter Schmitt (right) remembers the deadly consequences for the owner of the failed bank. When a new president, Franklin Delano Roosevelt was inaugurated in March 1933, banks in all 48 states had either closed or had placed restrictions on how much money depositors could withdraw. FDR's first act as President was to declare a national "bank holiday" – closing the banks for a three-day cooling off period. The most memorable line from the President's speech was directed to the bank crisis – "The only thing we have to fear is fear itself." Some economists and historians have argued that the bank crisis caused the Great Depression. But others have looked at fundamental economic factors and regional histories and argued that banks failed as a result of the economic collapse. Whether the fear of bank failures caused the Depression or the Depression caused banks to fail, the result was the same for people who had their life savings in the banks – they lost their money. At the beginning of the 30s, there was no such thing as deposit insurance. If a bank failed, you lost the money you had in the bank. Carla Due's family experienced the fear that a bank failure would wipe out savings. Birdie Farr's (left) father-in-law, Jack Farr, lost his savings in a Grand Island bank, but he was philosophical about it. Birdie says, "There wasn't nothing for him to do. He said, 'Standing there crying isn't going to help.'" Louise Dougherty's (right) father owned a bank in Perkins County. When the Depression hit, he worked hard to keep the bank afloat. But the Depression went on too long, and eventually he was forced to go out of business. Written by Bill Ganzel of the Ganzel Group. First written and published in 2003.   Foreclosures Go to:

Integrity      ( Date: 27-Aug-2009 22:33) Posted: FDIC: Number of troubled banks rises to 416 SAN FRANCISCO (MarketWatch) -- The Federal Deposit Insurance Corp. said Thursday that the number of troubled banks rose to 416 at the end of June from 305 at the end of March. FDIC said this is the largest number of banks on its "problem list" since June 30, 1994, when 434 banks were on the list. Assets at troubled banks totaled $299.8 billion, the highest level since Dec. 31, 1993, the agency said. Banks insured by the FDIC swung to a total quarterly loss of $3.7 billion from last year when they reported a total profit of $4.8 billion. Total reserves of the Deposit Insurance Fund stood at $42 billion, with the contingent loss reserve falling to $10.4 billion from $13 billion over the second quarter.

 

Shorters are back in the market, mainly focusing on financial stocks.

 

will close positive... if any surprise, it will test 9600..