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DOW

Too fast too furious. Looks more like massive buy stops triggering.

Anyway... look at the real economy... so many 'discounts' when it comes to general merchandise market prices.

So, what do you all think the impact will be on company profits for this quarter?

Livermore      ( Date: 14-Mar-2009 16:35) Posted: Think the rebound is temporary. Enjoy while it last

 

Many think that just because a certain market guru has attained great profits, they can also do the same by thinking and quoting that particular guru's words and wise sayings.

Things are not as simple as that. Others have not gone through what the guru (for that matter, any guru) has gone through... ie. the trials, losses, suffering, etc. So how can any ordinary person win by simply quoting another person's words?

 

Sifu is right...

But it's more fortunate to be naked alive than dead. At least one can still enjoythe healthy sun!

 But many have died because of stock market losses!...

And never, never, never (NEVER!) follow any guru's advice.  

Livermore      ( Date: 14-Mar-2009 23:20) Posted: Well go draw the trend line. If it hits upper trend line and turns back down, it is likely to come down. Don't bother what others say. If you had followed Warren Buffet and bought US stocks the time he advocated buying, you will gradually be stripped naked by now

 

I think the sucker rally i have been looking forward to and posted have finally arrive...

The dow got more to go down..if that is a repeat of 1929..we will see 1500...

the very best is 5000...dont be taken in...

One big important data....housing sale have not improve..comsumer index is down..

just about every data is down..the dow PE is still expensive..still overvalue..

Sell to strength..and put to gold and silver..

previous 50% PM...20% stock...30% cash

now...60%PM...10%stock and 30% cash..

can ride the rally and make some quick cash.,,,no long..

 

whether this is a rebound or a start of a rally....

Wed will have the answer....

confidence will be back when we see 8.0....


my boss said one hor....

 

even MFT also not sure will this rally last or not ?

 

Well go draw the trend line. If it hits upper trend line and turns back down, it is likely to come down. Don't bother what others say. If you had followed Warren Buffet and bought US stocks the time he advocated buying, you will gradually be stripped naked by now

 

Appeared on latest Newsweek magazine cover : BUY AND NOT SELL, WALL STREET LEGEND BARTON SAYS DON'T BELIEVE THE BEARS

 

No doubt it may not be 'permanent'... but then it may continue indefinitely.

And when it does continue to morph into an uptrend, many will feel left out of the profits,  and then they will join the crowd...

The point is that in spite of it's logical temporary nature, no one really knows how long the rally will last, it may possibly be weeks, it may be a couple of months or even longer...

No one really knows... especially considering the fact that the market leads actual events in history...

 

Think the rebound is temporary. Enjoy while it last

 

can see DOW stand strongly on very light profit taking as most of the investors believe that more upside ahead !!

 

7.3 will be be the resistance tonite... watching only..... 

 

 

Bad. Worse.. Worst... US Government trying its best to transfer indirectly baillingout process from Government to global private sectors especially from substantial related share holders or existing share holders. Just my two cents view!

maxcty      ( Date: 13-Mar-2009 10:39) Posted: what are your views for Citi and BOA now??worth going in at this time?

 

Both bks bond px slide, BOA down 7.8%. If Wall St fear of d financial sectors need more bailout, those holding d various bonds likely be forced to face loses.

Main stake holder of Citi alrdy exhausted, couples with law enforcers relucted to render more help request fr d illed bk, Citi bond holders may be forced to convert their former bonds into new ones, so as to reduce d possibility of lower rate n book value.

Citi shares dumpled cum Congress not willing, at ds moment, to bailout further, afraid bonds holder no choice to exchange less book value of new bonds offer later. Though, currently there is no tangible loses on d bonds holders, but unavoidably, they hv to share d same bitterness on d illed financial sectors.

Today Zaobao said.

maxcty      ( Date: 13-Mar-2009 10:39) Posted: what are your views for Citi and BOA now??worth going in at this time?

 

what are your views for Citi and BOA now??worth going in at this time?

 

I am still around... very busy the last 2 weeks... I still paste the cnn information but now park under DOW & STI so that it is easier for us to comments on this 2 markets.

pointer      ( Date: 12-Mar-2009 07:55) Posted: Where's Blastoff? He used to post Dow closing here regularly. Now need to visit CNN for morning digest.

 

enjoy free time.... my boss no trade until next Tues....


hehe....

 

Where's Blastoff? He used to post Dow closing here regularly. Now need to visit CNN for morning digest.

 

53, u also late cat ah. Last 11 mins DJ alrdy down 14. 4 more mins later will see its mid day index. Gut feeling, bad leow. Quite difficult to trade in DJ as d echo reaches us alrdy 15 mins later n vice versa. For that AK Q Citi at 1.32, 5 minutes ago. Last done at 1.49.

 

Not for speculation...Below a dollar is seen a history liao....maybe can try at $1.20, still people's has oredi make gain of 20% at $1.20 in 1 single day. Just my suggestion..pls do ur homework and take risk at ur comfort level to lose, if can keep for long...US$3.25ct is a immediate and as well as mid term target.

AK_Francis      ( Date: 12-Mar-2009 00:07) Posted: Heng, AK withdraw d Q on Citi at 1.63. Now, it shed fr day high of 1.72 to now1.47 (15mins px). May take a look further till mid day. All other bks are also on profit taking tracks loh.