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hmm tmr may not trade positive my friends.. dow's down 110 points..
Starts from the very basic.
5 people in a group namely a,b,c,d,e...a will buy from b...be will buy from c...e will buy from a and so on. Money circulation continues...
One day...another group comes in...new group sells very very very cheap...a starts to buy from the new group...so is b...so is c and so on...but no one buy from a,b,c,d,e.
The new group earns the money...very rich...the old group has no income...very poor.
If this scenario comprises of ten old groups buying from this new group...and it keeps continue...all the money goes into the new group...how will the ten old groups become rich...or even survive? Any solution...anyone?
healthy correction... not too much, still above the 8000mark. night is still young
iPunter ( Date: 08-Jul-2009 00:15) Posted:
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Dow -90pts...
People are screaming now. Cheong to the exit. This correction is long over due. The coming days, put warrant players are laughing to the bank. I think can try my luck tomorrow! They are cheap now.
if you no confident, then must clear faster!! it may drop lower and lower.
Dow down near 100 point, things look like really very bad!one more time record low level again? too terrible! Clear all shares?any advice?
im can feel something bad bad bad thing come out soon,,,,,,,,,,,,,,oil price droping after bb push and dumping again,,,,,,,,,,,,,,,,,,,,,s&p 500 drop below 900and cannot climp tis level is a selling wave coming,l,,,,,,,,,,,,and dow jones is last one going to break down 8000point,,,,,,,,,,,,,,,,,,and subprime crisis wave look like come again after us government support now so long and obama willing to see some pull back,,,,,,,,,,,tis is game over signal,,,,,,,,,,,,,,,,,,,,,,,,,bear rally finish and game over,,,,,,,,,,,,,,,,,,,,game over,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,so
ho seh liao. Tomorrow go short 1000 lots of GoldenAgr just earn :)
no chance to close green, totally hopeless liao .... still losing steam ... going dip now ......can sleep early tonite .....
Look like it's gonna tank tonight! Lastnight was lucky that it reverse at close. But I am not optimistic it will happen every night. Watch your back!
Dow is alreafy down -36pts at opening...
But today's closing is likely to be positive... maybe even a "cheong"...
my boss said bite the bullet.... hold tight tight....
dun sell dun sell... rebound insights..
my boss said one hor.... hehe....
Dow future in red again. Today stock pricing looks cheap fr quite a number of the counters................alot of people must have pick up cheap stock.
But there is a say:
"It isn't as important to buy as cheap as possible as it is to buy at the right time."
Hahaha... must be the FrappuccinoŽ... hehehe...
After sitting in Starbucks the whole evening drinking nothing on but that, sleep is not easy...
Just curious, note ur posting is often during off-peak hours, err..getting by just a few hours of sleep.
Unemployment reported..., economy reported suggesting news out do not sound good. NTUC Deputy Sec-Gen said...Ms Halimah Yacob cited recent Data showed a DOUBLING OF THOSE CLASSSIED AS LONG TERM UNEMPLOYED: 16,000 WORKERS TOOK MORE THAN 25 WEEKS TO FIND A JOB - UP FROM 7,500 A YEAR AGO.
Joshua Shapiro mentioned, chief U.S. economist at Maria Fiorini Ramirez Inc. "I think people have confused that transition with the beginning of a recovery."
Enough optimism remains in place and enough government money will flood the system - that a bigger selloff can probably be avoided, said Gary Webb, CEO at Webb Financial Grp.
Reminded me of those few green shoot as.....isit for real recovery this year. (I think not). However year end windows dressing for stocks remain positive in outlook.
iPunter ( Date: 07-Jul-2009 05:51) Posted:
The whole idea of boosting the economy is so that the consumers are again able to splurge and spend like hell like before...
But will that happen soon?
The economy will only recover if that is really happening (think recession, unemployment rise, foreclosures),
But the effects of the big meltdown has had no chance to even seep into the ground yet, and then the stimulus and bailouts came in to 'overtake' events...
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The whole idea of boosting the economy is so that the consumers are again able to splurge and spend like hell like before...
But will that happen soon?
The economy will only recover if that is really happening (think recession, unemployment rise, foreclosures),
But the effects of the big meltdown has had no chance to even seep into the ground yet, and then the stimulus and bailouts came in to 'overtake' events...
Dow Jones 44.13 +0.53% 8,324.87
DOW JONES INDUSTRIAL AVERAGE 8292.68 +11.94
