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DOW

profits taking across the board... think steak on the table... hehe... 

 

dow now minus 70 pts although joless claims 601k against forecasted 635k n retail sales generally improved.....is tis not tat mr market has no logic.

lookcc      ( Date: 07-May-2009 21:42) Posted: mr mkt has no logic. handon      ( Date: 07-May-2009 21:32) Posted: where go logic.... gold up... dow oso up.... only my boss's pocket down.... hehe... look for opportunity to short Big time.... hehe....

 

cover first...hehe...

 

8.5 is neither the support nor resistance....

look at big picture... 8.3 support 8.8 resistance.....

hope snake until 8.3... hehe...

no logic no logic... hehe...

 

We don't bother about the logic. We bother whether we are riding on the trend 

 

You don't short on a rising trend.

handon      ( Date: 07-May-2009 21:36) Posted: short... short... short.... hehe....

 

got logic one lah.... where the $$$ come from.... gold up... dow oso up... 

cannot be lah.... market is too big to rig leh.... hehe.... 

hope later snake big time.... then me got bounus.... hehe...

 

mr mkt has no logic.

handon      ( Date: 07-May-2009 21:32) Posted: where go logic.... gold up... dow oso up.... only my boss's pocket down.... hehe... look for opportunity to short Big time.... hehe....

 

dun know luck or what.... short big win... short small loss... hehe... 

 

short big time....win big time or lose big time.

 

short... short... short.... hehe.... 

 

where go logic.... gold up... dow oso up....

only my boss's pocket down.... hehe...

look for opportunity to short Big time.... hehe....

 

haha handon...now you also say no logic...

which means really getting out of hand...

any views tonight?

 

no logic man... hehe... 

 

3 figure rise n me not vested at all, sh*t, ^#@&*

 

yup.

 

Tonight set for another rise!

CHEONG!! 

 

Home > Breaking News > Money > Story May 7, 2009 Wall Street extends gains

NEW YORK - WALL Street posted solid gains on Wednesday as a better-than-expected survey on US private-sector job losses helped ease jitters over upcoming results of 'stress tests' on the banking system.

At the closing bell, the Dow Jones Industrial Average traded up 102.99 points (1.22 per cent) to 8,513.64, in a choppy session.

The Nasdaq composite edged up 4.98 points (0.28 per cent) to 1,759.10 and the broad-market Standard & Poor's 500 index climbed 15.95 points (1.73 per cent) to a preliminary close of 919.45.

The market got a lift from a survey by private payrolls firm ADP that the US private sector shed 491,000 jobs in April, fewer than expected by analysts and offering further support for the notion that the recession is easing.

'This news is encouraging for the market since it fits the bottoming-out thesis,' said Patrick O'Hare at Briefing.com.

'However, it isn't much cause for economic celebration that 'only' 491,000 positions were lost in the private sector in April.' This helped ease pre-market jitters amid reports that Bank of America may need to raise as much as US$34 billion in capital to meet the requirements of the US government stress tests. Gregory Drahuschak at Janney Montgomery Scott said the banking sector led the rally, calling the gains due to 'a sigh of relief that the test results finally might be out of the way.' -- AFP

 

short gold... hehe.... 

 

cover first... 8.4 watch carefully.... hehe....