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6701-6720 of 8312
Dow is still in the red and going to test the 12000 level soon....
Looks to me that DOW is searching for its direction these few days while Asia is closed for CNY. Immediate support at 12,000 and resistance at 12,800 range. There is no confirmation of uptrend unless it breaks resistance and trade above 12,800. If it goes the other way, towards the support line at 12,000, hope it rebound back from there. If it breaks that support line and trade lower than 11,800, better run.
Bid.....Betted.......Toto and 4D shop, see some 4D nos 1130 and 1170 lehh.....
DOW UP A BIT DOWN A BIT - WHO CARES
WHEN S&P HITS 1300 OR - 1170 IT IT DOES NOT HOLD
AND A RUN ON A BANK
THEN IT IS TIME TO BUY
ESLE WATCH THE SHOW FIRST
No heavy down...
but looking at the Dow chart, things look pretty precarious to me... 
Nothing personal...
but I think the Dow will be another heavy down tonight... 
teeth53: still early wor!! 
Woww.......DOW is up liao. Good news......oil px down
Dow at -43 now
Stimulus plan hits a Republican wall in the Senate
The proposed economic stimulus package, with an additional $44 billion in payouts, falls short in the Senate.
The Dow chart looks depressing...
Stephen Biggar in Business Times - one final big capitulation, extremely huge writeoffs and run on USA banks
Then it is time to buy
Same as when I previously said thats what Mr Roach of Morgan Stanley painted of the same scenario - finally end in a run on some poor banks
Ask yourself - When there is a run on USA banks - do you dare to buy at that time ?
Prepare yourself
Bears sighted roaming on Wall Street.....
NEW YORK (CNNMoney.com) -- Stocks turned lower Wednesday after comments by a Fed official raised concerns that rising inflation will cause the central bank to be more cautious when it comes to interest rate cuts.
Moreover, we are just less than 200 points away from touching below 12,000 ....can actually smell it near...only left two more days this week for DOW to show us a clearer sign before we further sink from Monday onwards
DJIA just broke out of the rising bearish wedge and it looks ominous.
U can take a look at my analysis and chart here @ my blog. Do post ur views on my analysis :)
The interesting thing is ISM for manufacturing actually rose to 50.7 from 48.4 in Dec although ISM for servies plunged down
Business Times - 05 Feb 2008
Markets will recover after 3-6 mths of mild recession: S&P analyst
He warns of one more major market collapse between now and rosier H2
By VEN SREENIVASAN
THE sub-prime crisis will cause a mild US recession, but financial markets will recover in three to six months after most of the bad news is flushed out or priced in, says a leading US analyst.
Stephen Biggar, New York-based director for US equity research at S&P Equity Research, was one of the first to predict the sub-prime crisis and subsequent market meltdown that began in late July last year.
He sees many similarities between the current sub-prime fallout and the 1990-91 Savings and Loan (S&L) crisis.
'The ingredients are the same: banks in trouble, credit crunch, junk bonds, worthless debt,' he said. 'But as is the case now, the Federal Reserve stepped in aggressively. The US went into a mild recession, but it was a three- to five-month event for the market.'
Mr Biggar reckons this US recession started in December 2007, but noted that the Fed has moved fast, cutting its key interest rate three times in as many months - the most aggressive cuts in 25 years.
The latest 50 basis points cut last week brought the key discount rate down to 3 per cent.
'The Fed has been on the curve, if not ahead of it,' Mr Biggar said. 'Meanwhile, the impact of
DOW HAS NOT PRICED IN THE RECESSION YET !
WHEN THAT HAPPENS, THEN WE CAN CONSIDER BUYING