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Dow are just a handful of 30 stocks, S&P will be a more accurate index to judge turnaround. Now S&P is 793. Will pull back to 750 to 730 in a weeks time or so. If by then it's not bounding, then we will see lower lows! That time god bless!
sibei jialat
this is something i didn't expect
the qns now will be how far will dow drops
dun worry, b happy.
Since tonight will be a difficult night for all, have some fun. Cheer up!
relaxxjaxx ( Date: 30-Mar-2009 21:52) Posted:
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222.38
-2.86%
7,553.80
Ok la.. here you go.. haha
Your colour is still wrong!...haha!
williamyeo ( Date: 30-Mar-2009 21:45) Posted:
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BREAKING NEWS
Stocks tumbled at Monday's open as investors fret about the viability of U.S. automakers. Dow down 200 points. More soon.
Wah lau.... JIA LAT...
I think so man..the Dow went for a perfect 10/10 straight dive this morning. Even divers can't dive that straight.
Hey, did you use the wrong colour!
williamyeo ( Date: 30-Mar-2009 21:35) Posted:
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wish cud agree with u.
Personally I do agree.
richtan ( Date: 26-Mar-2009 22:40) Posted:
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richtan ( Date: 25-Mar-2009 00:45) Posted:
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Marc Faber says US stocks rally may have more legs:
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ericsim ( Date: 26-Mar-2009 22:34) Posted:
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Main bks leading d fall, hindering DJ earlier rises.
D Q4 GDP shed 6.3%. Corporate profits plunge .
US workers on jobless benefits at record 5.56m early Mar. And rose another 652k fr week till 21 Mar.
Not optimistic that DJ will surge ax 8000 over ds week liao, unless there are other +ve news fr White Hse.
Most of STI stocks had enjoyed d straight 7 days rally, esp d bank counters. May see noticeable profit taking 2morrow, if DJ tonite perform badly. Hope for d best liao.
Above no call for anything. Cheers.
trade cautiously, beware it could be a trap....vol still quiet low <1.8b (i would consider this is an average)
US investors brush off gloomy data
By Kiran Stacey in New York
Published: March 26 2009 13:02 | Last updated: March 26 2009 13:02
US stocks were set to rise on Thursday after signs that the economy is continuing to deteriorate failed to knock investors’ confidence amid a host of better-than-expected company results.
Figures showed that GDP fell 6.3 per cent for the last three months of last year, a steeper decline than seen in the previous quarter, but a revision to initial estimates of a 6.5 per cent drop.
if dow goes above 8,000 he/she [persistent bear] may quietly keep quiet.
Do you think the DOW will go above 8000 tonite?
8000 level coming soon. :)