
Friday: 30 APRIL 2010 11:31am
DOW RUST
DOW DOUBT
DOW PHOBIA
DOW DISTRUST
YZJ has a lot of potentials to cheoooong UP!
(a) Industrial Products --> (b) Shipping (Cosco, NOL) --> (c) demand more ships (YZJ)
tradersgx Veteran |
30-Apr-2010 00:01 ![]() ![]() ![]() |
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Six basic tenets of Dow Theory: 1.The market has three movements 2.Market trends have three phases 3.The stock market discounts all news 4.Stock market averages must confirm each other --> In Dow's time, the US was a growing industrial power. The US had population centers but factories were scattered throughout the country. Factories had to ship their goods to market, usually by rail. Dow's first stock averages were an index of industrial (manufacturing) companies and rail companies. To Dow, a bull market in industrials could not occur unless the railway average rallied as well, usually first. ---> According to this logic, if manufacturers' profits are rising, it follows that they are producing more. If they produce more, then they have to ship more goods to consumers. Hence, if an investor is looking for signs of health in manufacturers, he or she should look at the performance of the companies that ship the output of them to market, the railroads. The two averages should be moving in the same direction. When the performance of the averages diverge, it is a warning that change is in the air. Both Barron's Magazine and the Wall Street Journal still publish the daily performance of the Dow Jones Transportation Index in chart form. The index contains major railroads, shipping companies, and air freight carriers in the US. 5.Trends are confirmed by volume 6.Trends exist until definitive signals prove that they have ended http://en.wikipedia.org/wiki/Dow_Theory 28/Apr/2010 BDI is 3329 ! ![]() |
Friday: 30 APRIL 2010 08:59:04
S$1.40 5,581,000 BOUGHT frOm SELLER
BB cOllectiOn at S$1.40
ROCKET MIS-FIRED
neXt rOund WHEN ?
yes dow is lying, cause its +90 now
HAHAHAHA
Joe2020 ( Date: 29-Apr-2010 18:36) Posted:
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Dow Future +41? Be warned that Dow is lying.
Dow_Futures* | 11056.00 | 41.00 | 0.37% | 11057.00 | 10996.00 | 06:20:27 |
NASDAQ_Futures* | 2014.75 | 8.00 | 0.4% | 2015.75 | 2004.75 | 06:19:52 |
S&P500_Futures* | 1196.25 | 6.25 | 0.53% | 1196.75 | 1188.00 | 06:19:27 |
Enter not that ye may be saved. Verily that I say unto you, unless ye are better than the hidden hands, ye shall never enter but with regret.
Thursday: 29 APRIL 2010 CLOSING
S$1.380 +S$0.020
DOW PHOBIA
Wait and see lor..
After Greece and Portugal, now Spain was hit and down-graded.
So scare, i ll better run away for now .
dizzifying ( Date: 29-Apr-2010 15:59) Posted:
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pharoah88 ( Date: 29-Apr-2010 15:57) Posted:
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S$1.390
ROCKET LAUNCHING BASE
$1.39 Volume 21000+
Avg Trade Size 68000+
????
CheongCK ( Date: 29-Apr-2010 15:42) Posted:
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--Date-- |
2010-04-29 |
2010-04-28 |
2010-04-27 |
2010-04-26 |
2010-04-25 |
2010-04-24 |
2010-04-23 |
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Chinese Mills re-stocking inventory to beat iron-ore price hike driving freight rates.
CISA admits defeat, quarterly iron ore pricing system ushers new era

"Individual steelmakers can approach the global miners for supply,” said Luo Bingsheng, CISA deputy chairman.
"The three iron ore miners are threatening with a supply chop unless domestic steel mills accept their price hike claim before the deadline, which is 90-100 percent higher,” he added.
Capesize owners the world over are rejoicing as freight rates have soared in the past week and look set to continue to climb as Chinese mills pursue urgent restocking of ore supplies now that the annual tit-for-tat price wars are out the way. [29/04/10]
sgxinvestor ( Date: 29-Apr-2010 14:35) Posted:
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YZJ also sail North too!!!
BDI Up! Cosco set sail to "North" direction now !!!
tradersgx ( Date: 29-Apr-2010 00:08) Posted:
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Hahaha, yeah I can tell. Then I can only hope for YZJ to go up to where I have fallen from.
wishbone ( Date: 29-Apr-2010 14:16) Posted:
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dizzifying ( Date: 29-Apr-2010 14:04) Posted:
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