Very good...
Recession is here - economists
A weak report about the services sector has caused some experts to declare that the economy has already entered downturn.
- CNN
wow....DOW down 370
Its time NOW, Gentlemen and gentlegirl!!
Lets all stand united and go naked, show the ang mo our pi pi, scared them off!!!
HAHA
Opening bell :
Japan stocks fall sharply on U.S. recession fear
Richmond Fed President Jeffrey Lacker ;
the report raises the risks of a recession
However, he said that inflationary pressures are also rising, which could limit further interest rate cuts.
His comments seemed to suggest the threat of "stagflation," the combination of slowing growth paired with higher inflation, a miserable economic development investors are hoping to avoid.
Actually USA in a recession now - and rate cuts coming to , like i say crash level or worst - they cannot cut anymore
maniko..
geee...u r scaring me..if u r gal i m ok :)))))) if u r GUY........yucks !!! :D
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60% chance for broker firms in recession mode for today . poems add 1% more.
Good luck to all. Happy Chinese New Year to all.
Gong Xi fa chai. 888
Dow crashed -370 points
Looks like it will not be a peaceful CNY eve!
You have taught me that the market moves in both directions...
NickyNg... :)
Hahaha... you are my inspiration...
Somehow I feel such a close affinity with you... hehehe...
Dow...n, Dow...n & Dow..n
the market is now rule clearly by certainty, ie US economy outlook is set to heading south, any rallies in the bear is an opportunity to cash out or short. Holding and nursing the sick "baby" is a burden...
all hell break loose for pre-CNY eve trading....SHORT while STOCKS last !!! :P
cheers !!
maybe Hang Seng dun follow and went up instead. Then we follow Hang Seng too..
Bad bad bad..
we are just a few hundreds away from hitting the 11999 psychological mark..
gosh*...i really think ppl who bought in during this week on Monday especially ....this CNY is really really gonna be very unforgettable...
Now down -303.78 pts liao...
CNY rally wont be coming liao