Let's see what happens at 4am. I'm expecting pretty huge gyrations in the DJIA today. Expecting some kind of ranging to happen though. The market's gotta sort out and weigh if .75% cut is worth being bullish about.
Expect to see quite a bit of confusion tomorrow in the STI - Shortists closing positions; longs holding losses trying to exit; T + 4 players looking to zao; hedge funds coming in again or sell on news (since STI chionged back up from 2786 to 2866).
Remain nimble.
yea actually Yahoo Finance quite up-to-date on real time la...
mm...i can imagine a lot of ppl unable to sleep in peace tonight....see how the STI rebounded back today? those who bought at the late hours today must be worried sick now...seeing the DOW so DOWN...i m quite baffled to see it go to such an extent....thought the max was 300 points...well..still got quite a few hours to go...wake up tml morning early to see how it is
Can try this:
http://money.cnn.com/data/markets/
hehe, paiseh to be so blur. thanks all! :)
http://finance.yahoo.com/q/ta?s=%5EDJI&t=1d&l=on&z=l&q=c&p=e5,e10,e20&a=m26-12-9,r14,fs,vm&c=
Refresh using F5 key.
I sure hope it's a bad start with a good ending. Can't expect US not to even go down less than 3% when the rest of the world indices already plunged almost 10%. India even had to halt trading as it almost approached the 15% drop limit (today it oscillated between 3% to 13%).
hey cyjjerry, which site are you seeing the dow from? the money.cnn site not wkg on my PC leh...dang it..
OH MINE~! WHAT A START....negative 230+...now at current point 5 mins into trade only...negative 400++++++++!!!!!!!!!!!!!! almost 4% down within 5 mins~!?!?
Good news....
http://www.federalreserve.gov/newsevents/press/monetary/20080122b.htm
What u think will be tomolo..
Rationality should return soon. Certainly, this is not end of the world yet. If it is, then it does not matters whether the market is up or down anyway. So why panic irrationally?
Temporary measures. It will boost the market for a while. Structural defects and problems not resolve. Bush $150 billion package too small to have impact on economy.
This does not resolve the credit crunch that will come shortly from the sub-prime. A lot of people will be unable to repay the mortgage and default on payments. More write down possible from the financial institutions.
The lowering of rate will drag the US dollars down further. Bad man.
Just out on CNBC - Fed may cut rates by 75 basis points.
Buy on the rumours, sell on the news...
I just comeover from a forum at the other side of US..there was a rumour in the market that Ben may cut rate by 75 pts tonite..that why the dollar is head up..
Did you ppl heard anything???some good...
Futures down from -300 to -400 to -500 plus
Basically bad
Soros said this is a serious financial crisis , not just a sell off
I think it takes a month before things settle down and drift slowly then
Keep away for the moment is better
For those already in, just keep cool
| DJStoxx 600 | 308.77 | -18.76 | -5.73 |
| FTSE 100 | 5,578.20 | -323.50 | -5.48 |
| DAX 30 | 6,790.19 | -523.98 | -7.16 |
| CAC 40 | 4,744.45 | -347.95 | -6.83 |
| S&P/MIB | 33,903.00 | -1,850.00 | -5.17 |
European markets all RED
Must keep all my position long..... Don't know how long........................gggggg
cheongwee....swim few more laps for me.....hehehehe.
Hope this is useful if u trade NYSE..
http://www.nyse.com/press/circuit_breakers.html
I am off,no eye to see...going swimming.or jogging since i have decided to sit thro' it..
Even if it is 1929..iw ill be fine..onli lost what i can afford ,hope you guy take care...
DOW will drop real bad,just look at the future...
How come this forum look quiet???Dont be sad..just momentarily only...i believe let it get down fast and start strongly from there..i still see fast turnaround and thing will be bad in 2009 2nd half...my prediction..
When financial crisis happened in Asia, IMF came and rescue.
When subprime crisis happened in US, where is IMF? They also got deep shit in subprime crisis? No more fund to rescue their problem kid?