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for STI...it won't look good to close below 2800....as for the DJI...on Friday's closing...the charts is quite a bad shape too...as it closed below the 12000 level...
Irony ...Bear Stearns is BEAR first target banks.....
Now, the setiment is heavily swing to sell, sell and more selling as not a small bank is falling but a big one to that extent....more to come...highly possible...
The balancing act by the FED seems not "powerful" enough ......... did not remove the concern of sub-prime as it snowball bigger and bigger elsewhere into different nature.......more of the unknown is cropping up........more frightening than the known facts....
Bear is out in full force now...SIAM...SIAM....not a pretty sight for the near term....
Now DJ is down 87, what u want to do tomorrow? Sideline lah. Cheers.
Seems the bull has taken a back seat for now....
the bear has horns....should it break 2800...will short it
YAWN.....ha..ha...have a nap and can see many fall into the BEAR trap....Slamp Dunk....all in red.....not a pretty sight...
Bear tonight being stop temporary by 200 billions dollar... but will his super big appetite... think easily digest in 2 or 3 days lah...
Try not to wake the bear up before i unload some in my port folio ok? hee..... cheerss
with the hopes high on rate cuts...we definitely see stocks spur upwards...however inflation is such a big issue...oil prices keep breaking new high...sianz
Everywhere green now....is the Bear taking a break of setting a BIG trap....calm before the storm...
The BEAR really whack STI to 2800 level before a late recovery in a few index stock....will it hold...what do you think????
Believe the Unbelievable.
Dow break thru the 12000 level easily as crack appears in job market creating more crunch on personal level.....not a pretty sight...Europe....mostly also down by 1% on average.....
Can only conclude another few days of red as BB decide their strategy further......for the interim 2800 will be 1st line of support follow by 2600 and more than that is testing new low by worsening news or data....
BEAR raid continue......
With the BEAR raiding DOW and Europe, doesn't look promising for Asia as well......what's taken by the bull yesterday will be wipe off and more.....
THE BEAR IS BACK.....not a pretty sight...2900 level for STI seems goner....testing new low soon seems likely....
OMG it is Friday.............more unlikely to hold on as employment datas is expected tonight....SLAMP DUNK????
look like what u say is true...with 200 plus pts drop...
here we are...arriving on Friday...below 2900? Hmmmmm...just curious how it will turn out...don't think it will be above tt level
Bear is back and it is at the backyard of Europe and US....all seeing red.
Have a break after several raid.....Bear will be in the picture again this coming Friday....even without its presence, investors is feeling uneasy also....
should there be a mini-rally or slight uptrend..it is advisable to unload holdings if u had bought recently...
no doubt DOW stage a 100 points rebound...but how are we going to reflect the rebound with all these news surrounding us....Friday is crucial with jobs data...
the reverse is also part of the technical rebound as 12200 support level is still strong