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Put warrants all the way!
Next to see when STI fall below 1800.....
Soon maybe tomorrow as US futures now:
| Dow Jones | -241.00 | 8357.00 | 10/10 0:18am |
| NASDAQ | -34.00 | 1238.00 | 10/9 11:25pm |
| S&P 500 | -26.10 | 886.40 | 10/10 0:21am |
Any updates on those DCA stocks before Dow fell another 1,500 points?
We re just experiencing the start of a snowball. Expected to see more companies and selldown in the coming weeks...
Hang on.........
Yeah my paper loss is terrible too, but this situation sort of make me relaxed since there is nothing I can do about it and there will be no rebound within the next few months that would be enough to let me breakeven.
In other words, I lose until cry also no tears, but thank god its still on paper.
no need to change lah. now is see when can touch from the other direction.
novena_33 ( Date: 10-Oct-2008 09:17) Posted:
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Now my paper loss is over 50%, but I don't feel sad. Actually, I am little happy because its time to sit back and relax.
US lifted the shorting ban, that also assist in accelerating the downfall.
Recapitalization in this context take a stake in the Banks. This would shore up confidence. Dows failure is partly attributed to short selling (I believe) and today's GDP flash signalling tech recession, and poor showing in US, and Japan (almost down 10%) have hit STI hard.
sorry.. can someone explain Recapitalization?
Wonder if the lifting of the shorting rule aided the sudden plunge in the dow. i thought when europe open, people become a bit optimistic then Dow seems ok and then the sudden plunge.
i think the topic should be change...since we have gone pass now....
We are now submerged below 2000. US Recapitalization is very important and they have to act fast with tomorrow critical finance leader meeting.
If you want some good picking, look out for those with very strong cash in the bag. They are the ones that can tie through this crisis.
Recovered to a certain point today. May we see a good DOW tonight.
HSI and SCI will pull the market up strongly today. STI will recover strongly at end of day. DJones tonight will then follow suit...
US Futures down again, DOW down 23 points..........In the morning up 41 points
Sell into strenght before the big waves down again.....SIGN
Safe for now as there are many people picking up stocks at low price. Thing is not sure when is it really low.
the pre open is -78 points.... just becareful.....
I think STI will end higher today with China's rate cut last night. The last time round SCI went up over 5% after the rate cut announcement...
In your view, how long will it take for it to seep to the ground level?
iPunter ( Date: 09-Oct-2008 08:40) Posted:
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