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Starting of a fallout........where Bear overcome Bull????
Europe close rather weak while Dow made a U turn although still in the red......so how will Asia market reacts....Nikkei will provide direction....
Bear raid Europe and Dow again......
Ya...Cheap today...cheaper tomorrow....
for those who still consider wanna buy up...especially those blue chips...hmmm...really need to think twice leh...this is the start nia
Ugly sigh....red trail all over the place...that is the trademark of BEAR ravaging the market leaving STI down by 3% or 99.9 points.....more to come...
Yeah...
but there are people who have read books such as "How to Profit in Panics and Crashes"...
And for them, it will be a shopping spree...
BEAR RULES.....
BEAR is awake......don't underestimate the power of the BEAR, wiping out weeks of gain simply overnight......the saga begins.....
Stocks tumbled Friday, resulting in the second worst day of 2008, Dow Jones industrial average lost about 315 points, or 2.5%. The broader Standard & Poor's 500 index lost 2.7% and the Nasdaq composite fell 2.6%
Arrival of the bears again....well very curious to see how the DOW will end for this week...but one thing is for sure...the OIL PRICE hit several times this week at historical peak levels! tt's certainly not something we like to see
So will we see STI breaking the 3000 support level? if so, well shorting here we goooooooooo
BEAR IS CHEONING THE OPPOSITE WAY NOW......
Wiping out week of gain.....
Oil price hitting $103 add to the slippery floor for the Bull to slip further...
Bear is on the rampage...see red in Asia and now back to Europe and US...
Dow drop by more than 200 points..
BEAR back from Dow to Asia......quite likely as most indices in the red in triple digit.....sigh............ looks like this thread going to live on for the near future.....very gloomy environment is where the BEAR thread....
BEAR is starting to raid Europe and US with major indices in RED.....moreover, reports from US keep churning negative datas which only point to recession.
Many thought Asia has break away but the fact lies that present financial market is so intricately linked......its a matter of time the impact catch up here. Already Japan industrial export slide more than expected....immune....quite unlikely...
Trade with care....
this time may b for real, sit tight on the bear rides.
Bear is back??? Well, the datas is paving the road tempting the Bear to raid the market....furthermore, sentiment is low....
Simply living on high hope that there will be a better tomorrow......interest rate cut.
"getting out early when one's bet is wrong"....gotta agree with ipunter there. or in our local terms: "siam ahhhh!"
hehe.
for FA people though, the technique usually is not to buy everything at one shot, so they do have spare to go in when the stock goes up/down. I'd believe most would prefer averaging up than down, though. Averaging down is a risky business. One really needs to know what he/she is doing before adopting that strategy. Otherwise, may just be throwing good money after bad.
well, let's watch the dow tonight. Amazing how it can keep going up when all the news are bad. lol.