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DOW

CAC, DAX n FTSE now all suffer 3 digits losses. DJ tonite big wok liao.

 

Dow down 120 liao.. XETRA-DAX dw 11%.. tml another jialat day

 

Dow futures -89.

That brings the Dow to below the 7000 level! 

 

Right now the weak Dow's rallies are largely speech based.
You can see that Obama's speeches are reliable indicators of market big rallies after the speeches.
His positive speeches stimulates the market to rally in a downtrend, thus affording the bears good trading opportunities...

But one day after the speech (actions/promises), the market reverts to its 'old habit' again...

The Dow is now lowest at a 12-year low last night...

 

need more motivational speeches by Obama...he is pretty good at inspirational speeches...but of cos there will also be critics saying tt actions speak louder than words la

louis_leecs      ( Date: 27-Feb-2009 23:37) Posted: dont worry lah,buffet and soros ,billgate soon will come in to rescue plan,,,,,,cash injection to stock market,,,,,,,,,,,,you will see a support buy and obama will give cash to people to buy the share,,,,,,,,,,let hope obama can activate american citizen live speech activate whole country citizen buy share to rescue americal economic,,,,,,,,,,,,,cheers

 

run road... can go koon liao....

 

go smoke first... come back hope to see 7.15 

 

bot again 1/4 show hand.... hehe..... 

 

Lousis is using small cap...Good news! LOL.
I got the same feeling as Louis.

 

dont worry lah,buffet and soros ,billgate soon will come in to rescue plan,,,,,,cash injection to stock market,,,,,,,,,,,,you will see a support buy and obama will give cash to people to buy the share,,,,,,,,,,let hope obama can activate american citizen live speech activate whole country citizen buy share to rescue americal economic,,,,,,,,,,,,,cheers

 

The last 30pts before plunging into the 6K range held on the fort well....salute!

 

Ayoh yoh, with US gov taking more stake on Citi n Spore GIC agreed to exchange its convertable prefered notes to common share, also no effect loh. Chialat.

 

confirm break 7000 points, opening later also can break easily..

 

We may see the Dow fall below the 7000 level tonight.

 

There will be a bloodbath tonight for the Dow. US GDP fell worse than expected. -6.2% !

 

Any prediction on the prospect of AIG??

 

I think we will see one more big selldown before we see a multi months rally...i would GUESS sometime after April...

 

Hulumas.. gold was $300...i suggest u buy..u would likewise say gold was 200 way back..now it is too expensive??/such is human behavior...

2000 was $250..now 2009 $940....so when gold is $1500..$940 will be cheap..

gold is safer than stock...at least u got gold, but stock may gop to zero...if u own BOA..and it got nationalise...your stock is worth zero, but not gold...

 

You should suggest us to buy Gold and Silver when their prices hoovering at about USD 300 and USD 6. Would that be too risk to buy at too high prices now???

cheongwee      ( Date: 27-Feb-2009 00:17) Posted: Just see the $ put into those losers..and they will be back for more...and witht the world ard them on the brink of disaster..do you think they can survive..they are just buying time.. Soon, the govt, the fed will have to let some fail..they cannot save all.. With stock market in the toilet and economiies on brink of disaster...where can you find safe haven..US$,,,soon ppl will realise US$ is just as lousy as euro...then to where??? GOLD And SILVER...buy up more during this profit taking...DYODD..

 

true, some buoyancy 2 d global stk mkts.