Post Reply
1961-1980 of 8312
Below is my daily chart analysis for sharing and exchange pointers.
My TA chart is posted to share n exchange pointers with those TA practitioner whom believes in TA.
If u are a TA detractor, plse just ignore n refrain from peeping at my chart posting n start
making unconstructive comments and plse do not be so childish or lunatic as to abuse the
rating system by rating it as "bad post", accumulating for yourself and your
next generation, "bad" karma for your "bad" deeds.
If u think it is a bad post, then be constructive and kindly post your TA for sharing.
This is only my view n I may be right or wrong, so dyodd and SOBAYOR.
| richtan Elite |
Others / Market News that affect STI / Posted: 22-Jul-2009 10:03 4Go to Message |
 x 0  x 0 |
The Dow Will Hit 10,000 in 2009 by Dr. Mark Skousen, Advisory Panelist Highlights in this issue:
Dear Investment U Reader, Wall Street has been debating the huge run-up in the Dow Jones Industrial Average. Was March the beginning of a huge rally that will take the market to new highs? Have we witnessed the proverbial "dead-cat bounce?" The prognosticators have been unsure, uncertain and uncommittal about what they see coming next... So let me make it clear where I stand: We are in the beginning of a new bull market that will carry us to 10,000 on the Dow by year's-end - and new highs within a couple of years. Yes, the recovery will be volatile. But now is the time to buy, despite the big run up. No doubt there's plenty of bad news out there - rising unemployment with no end in sight, threatened tax increases on capital gains and dividends, anemic corporate profits, commercial real-estate insolvency, federal deficits, continued threats from the Middle East and Afghanistan, the specter of inflation and high interest rates among others... This list goes on and on. But as the old saying goes, "Wall Street climbs a wall of worry." It's all for naught - and I encourage you to look past these sideshows and distractions. I'm convinced the stock market is headed higher - a lot higher. I'll share my reasoning and tell you why Jeremy Siegel feels the same way. Three Reasons the Dow is Going Up Over the past few months, three things have been sticking out to me like huge blinking aircraft landing signals. Here's why we're going to keep moving up..
As Milton Friedman has demonstrated time and time again, after a lag of between six and nine months an easy money policy will cause a sharp recovery in the economy and stocks. Economists call it the "Friedman Effect."
Well, guess what? The lag is over, and the "Friedman Effect" is taking full effect. We can expect higher stock prices and a recovery in the economy by year-end. And as a result of the administration's efforts, housing sales are on the rise and real estate prices are stabilizing. It's why I'm so interested in real estate lately. Take a look at may last column, "Real Estate: The Buy of the Century." http://www.investmentu.com/IUEL/2009/April/buying-real-estate.html Adding more fuel to my position, when I sat down with Wharton's Wizard he showed me an interesting long-term chart of the S&P 500 Index.  The Wizard of Wharton's Long-Term Outlook You'll note that every time the market hit the bottom of his long-term chart, it rallied - sharply. And that's exactly where it was in late February when I met with Professor Siegel - at the bottom. Sure enough, in early March Wall Street rallied - and it hasn't looked back. It's now up 30% from its lows. Between you and me, he called the exact bottom of the stock market within weeks. (Of course, so did a few of our analysts as well.) How far up can it go? I asked this precise question to Professor Siegel last month. He told me that he has just completed a study of how well stocks do after a major crash like the one we just experienced (falling 50% from its highs). His conclusion was pretty striking: After a major bear market, stocks on average rebound 24% the first year of recovery. And just as nice, the average annual return over the next five years is 18%. Since the Dow was around 8,300 at the first of the year, it could climb back to 10,000 by year-end. (And 18,000 by 2013.) We could comfortably hit these numbers with an additional 19% gain. Although many believe the "easy money" has been made - and they may be right - the market will still offer plenty of profitable opportunities in the coming months. It'll be volatile, but it's certainly not too late to get aboard. Good investing, Mark |
iPunter ( Date: 07-Aug-2009 23:08) Posted:
|
| richtan Elite |
Others / Market News that affect STI / Posted: 24-Jul-2009 11:56 4Go to Message |
| x 0 x 0 |
Dow Averages Signal Bull MarketBy Colin Twiggs July 23, 2009 10:00 p.m. ET (12:00 p.m. AET) These extracts from my trading diary are for educational purposes and should not be interpreted as investment or trading advice. Full terms and conditions can be found at Terms of Use. Dow Jones Industrial AverageThe Dow broke through 9000, exceeding its January high to confirm a primary advance with a target of 10000*. The spike in Twiggs Money Flow (21-Day) indicates abnormal buying pressure. 
|
iPunter ( Date: 07-Aug-2009 23:08) Posted:
|
Dow now up +160 pts... coming to CheongWee's predicted number... 
Wow there is going to be a good underlying mood for all the National Day fun stuff...
ho ho ho ..... DJ having a big surge le ...... good result .... cheongwee predict close above 200 .... if this come true, huat la everybody .......
S&P stand above 1000 lvl mark again, Nasdaq stand above 2000 lvl mark again ..... DJ above 9300 lvl mark again ... yes la ... can go
koon liao ...........
IF DJ tonite result is bad, people will say luckily monday is holiday, can "siam" abit from the impact .... however DJ is performing good now,
and poeple say damn it, why holiday on monday le ..... eh , come on la, NDP late rally come loh ...... cheers all
Thanks to the jobless news the Dow cheonged on the opening bell...
Should close firm today...
my boss said let it go higher then short... hehe....
Uncle AK! ...
Kelua..........Bris!...
Hehehe.... your boss must be "short-short", tats why always like to short, one day kena shot.
handon ( Date: 07-Aug-2009 00:09) Posted:
|
my boss said...
rule 1: dun read news....
rule 2: no hue comments....
rule 3: dun tell u.... dun tell u....
hehe...