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O Elfin dear...
You are suchly right again!!!
150pts for some 'inspiration' first... then reach for the previous highs to revive the fierce bull... :)
You are suchly right again!!!
150pts for some 'inspiration' first... then reach for the previous highs to revive the fierce bull... :)
concur, ipunter.
my qn is, is 150 pts enough, or do we need to breach the 12,200 level?
interesting to watch hope and fear fight for control in the market ain't it. keke.
c'mon billywows, shine some sun on the old dow! haha.
It's still the same thing as what I said on the previous day..
ie. if the Dow closes 50pts up, that's bad news... cos this suggests a downtrend continuation...
but if it close 150pts up for example, then there's hope of a charging bull market again, we hope.
ie. if the Dow closes 50pts up, that's bad news... cos this suggests a downtrend continuation...
but if it close 150pts up for example, then there's hope of a charging bull market again, we hope.
Dow is oversold on friday thus a rebound is not surprising..
however gotta watchout if DOW close below 12000..
See the below charts ....... CHIONG UP!!!
DOW NASDAQ
hopofully also ...
| Dow Jones Ind. | 12160.56 | 46.46  |
| AS OF 10:12 ET 05 Mar 2007 | ||
U.S. shares pare losses in early trade
By Ciara Linnane
Last Update: 10:04 AM ET Mar 5, 2007
looks like is stable now.
Let hope it maintain further. And asia markets should rebound recovering some lost ground
US economy slowing down. Time for FED to lower interest rate??????
Dow down 10 points and Nasdaq 11 points now ...
U.S. Feb. ISM services below consensus 57.5%
U.S. Feb. ISM services 54.3% vs 59.0% in Jan.
DOW NASDAQ
Still above 50.....
weaker then expected number of 54.3. Drop from 59
sti futures now down 8 pts, hs34 now up 50 pts n jpn 225 now up 30 pts.... dow close in the green?
Thought the guy who was just interviewed on TV just now said ISM will show a good reading?
ISM data out at 2300hrs.
We badly need US market to break this continueous DIP .... and soon!
Dow down 2 points and Nasdaq 9 points now!
A good number for the ISM services index will spur the markets. Let's see what's happening
sti furtures now down 10 pts, hs34... now down 9pts n jpn 225... now down 25 pts, chance for dow to stay more than 12000.
IFR sees the non-manufacturing series from ISM falling
to 57.5 in February. We think part of the divergence between February's Chicago
PMI and ISM readings owes to services; the former includes services while the
latter is strictly manufacturing. That suggests the weaker Chicago PMI reading
(47.9 or the weakest in more than four years) can be blamed on weakness in
services activity and revenues.
The ISM services index had hit an 8-month high 59.0 in January, even though
the employment index slowed to 51.7, a 12-month low. We expect moderate
increases in both employment and prices in the February index. The downward
course in services activity is more gradual than in goods-producing activity but
no less apparent.
[DATE TIME RELEASE UNIT PER IFR Est LAST MEDIAN RANGE ]
05Mar 15:00 ISM Non Mfg Idx Feb 57.5 59.0 57.5 56.0 59.5
to 57.5 in February. We think part of the divergence between February's Chicago
PMI and ISM readings owes to services; the former includes services while the
latter is strictly manufacturing. That suggests the weaker Chicago PMI reading
(47.9 or the weakest in more than four years) can be blamed on weakness in
services activity and revenues.
The ISM services index had hit an 8-month high 59.0 in January, even though
the employment index slowed to 51.7, a 12-month low. We expect moderate
increases in both employment and prices in the February index. The downward
course in services activity is more gradual than in goods-producing activity but
no less apparent.
[DATE TIME RELEASE UNIT PER IFR Est LAST MEDIAN RANGE ]
05Mar 15:00 ISM Non Mfg Idx Feb 57.5 59.0 57.5 56.0 59.5
Recovering!!!!! .... Dow down 28 points and Nasdaq 15 points now.
haha. ok peeps. if dow tanks below its psych level of 12,000 tonight, be prepared to cut everything and run.
singaporegal, by my estimates, a volatile range-bound correction with final spike up in april, then down.
If anyone's been tracking indices, dow -1% abt equivalent to STI -3%, HSI -4%.