or both r sickening.
who r worse......... they or ppl who make use of swineflu 2 talk down the mkt???
cathylmg ( Date: 29-Apr-2009 21:42) Posted:
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Economy shrank more than expected but stock market rally. I'm confused.
Illogical. People are dying and they are rallying. Just isn't logical at all.
NEW YORK (AP) – Investors are sending stocks higher following two
days of losses, even after a worse-than-expected reading on the
economy.
The Commerce Department says the gross domestic product shrank at
an annual rate of 6.1 percent at the start of this year. Economists
polled by Thomson Reuters had been expecting a 5 percent slide.
Though the report shows the recession has yet to loosen its grip
on the country, investors are not losing hope. The market is eager
for the Federal Reserve’s assessment of the economy, expected later
Wednesday at the conclusion of its interest rate meeting.
The Dow Jones industrials are up 60 at 8,077. The Standard &
Poor’s 500 index is up 6 at 861, while the Nasdaq composite index is
up 16 at 1,689.
days of losses, even after a worse-than-expected reading on the
economy.
The Commerce Department says the gross domestic product shrank at
an annual rate of 6.1 percent at the start of this year. Economists
polled by Thomson Reuters had been expecting a 5 percent slide.
Though the report shows the recession has yet to loosen its grip
on the country, investors are not losing hope. The market is eager
for the Federal Reserve’s assessment of the economy, expected later
Wednesday at the conclusion of its interest rate meeting.
The Dow Jones industrials are up 60 at 8,077. The Standard &
Poor’s 500 index is up 6 at 861, while the Nasdaq composite index is
up 16 at 1,689.
my boss favor short.... hehe....
any view on a good entry price for bac tonight?
DOW future is green..if 3 figure by 6pm...tomolo ...ho say liao...
just bought some counter..
my boss said tomorrow the picture will be clearer....
most probably close positive.
any views for tonight?
not logical... not logical.... will cut 8.15
not logical.... hehe...
not logical... not logical.... hehe...
Surprise Surprise Surprise.....perhaps too early to say.....but DJ is green with +24pts
no logic leh... gold > 8.8.... my boss stick to short... hehe...
mayb not.
favor short... hehe...
why??? d question asked, mayb, most often.........n d answer is:- nobody expected it, hv to take it n move on.......tat's life.
Never expect this swine flu to change the course of this bear rally over the weekend..
that is why got to be fast, sell to strength first...tok later.
immediate term , dont know...this week suppose to be big rally for ikan bilis. very unfortunate.
this week..data..
tis round of bear rally not only just bank problem,the problem is mainly from house loan,,,,,,,,,,,as long as new sales stable,,,,,,,,,the market is at first signl of recover,,,,,,,,,,,,,,if sales higher than espect,,,,,,,,,,wow,,,,mai tu liao,,,,,,,,,,,,,,money money come to me,,,,,,,,,eveyone smelt the money come to me,,,,,,,,,,,,,,,finger itchy liao,,,,,,,,,,,,buy buy buy flash in the mind,,,,,,,,,,,,,,,,,,can you imagine the baby bull is coming,,,,,,,,,,,,,real one,,,,,,,,,,,,look at dow jones,,,,,,,,,,,,,,any pull back got ppl buying follow up,,,,,,,,,,,,,they are smart now,,,,,,,,,,,,,,wait for pull back,,,,,,,,,,,,me also do in tis way,,,,,,,,,,,,,,,,,buy from pull back,,,,,,,,,,,,,,but from two week ago,,,,,,,,,,,,,,im no more sell and believe it one wat train is arrive,,,,,,,,,,,,,,,,buy in april,,(left one week liao,,,,,,,,,,,,keep for may(patience for one lah),,,,,,,,,,,,,,,,,,,,open big eye pray hard on june,,,,,,,,,,,,,,,wating july coming,,,,,,,,,,,,huat ah,,,,,,,,,,,,,,,,,,,,,,and go for holiday,,,,,,,,,,,,,,,om zbambala zanenza ye soha,,,,,,,,,,,,,,,,,,,,,,,,,cheeeeeeeeeeeeeeeeeeers