Latest Posts By dealer0168
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| 31-Jul-2009 21:35 |
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Here the Live Chart: 
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| 31-Jul-2009 21:33 |
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Not may, but is red now. Hope recover later. Cheers.
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| 31-Jul-2009 21:32 |
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Dow may open red. > U.S. Stock Futures Lose Gains as Personal Consumption Drops; Chevron Falls |
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| 31-Jul-2009 21:21 |
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U.S. Economy Probably Shrank at Slower Pace in Second Quarter By Shobhana Chandra July 31 (Bloomberg) -- The U.S. economy probably shrank at a slower pace in the second quarter, a sign the worst recession in half a century is winding down, economists said before a report today. Gross domestic product contracted at a 1.5 percent annual rate from April to June after dropping 5.5 percent the prior quarter, according to the median forecast of 78 economists surveyed by Bloomberg News. The report will also include benchmark revisions for prior quarters. Profits at companies from Caterpillar Inc. to Dow Chemical Co. show the slump is easing as government efforts to revive lending and President Barack Obama’s stimulus take hold. Consumer spending, which accounts for 70 percent of the economy, may take time to recover as job losses mount, eroding the growth analysts anticipate will start this quarter. “We’ve definitely turned the corner but it’s going to be a slow, agonizing recovery,” said John Silvia, chief economist at Wells Fargo Securities LLC in Charlotte, North Carolina. “We’re just not going to get the job growth that politicians promised and people expect. The consumer doesn’t want to spend a lot.” The Commerce Department’s report on GDP, the sum of all goods and services produced, is due at 8:30 a.m. in Washington. Survey estimates ranged from a 0.7 percent gain to a decline of 2.9 percent. A drop would be the fourth in a row, the longest losing streak since quarterly records began in 1947. The contraction so far has been the deepest since 1957-58. Less Spending The report may show consumer spending dropped at a 0.5 percent pace, the third decline in the last four quarters, the survey showed. The economy has lost 6.5 million jobs since the recession began in December 2007, and economists surveyed by Bloomberg this month forecast the jobless rate will exceed 10 percent by early 2010. “The United States economy has found bottom but will be slow in recovering as unemployment continues to be a drag on consumer spending,” Andrew Liveris, chief executive officer of Midland, Michigan-based Dow, said in a statement yesterday. Second-quarter profit at Dow and at Peoria, Illinois-based Caterpillar, topped analysts’ estimates. Caterpillar, the world’s largest maker of construction equipment, said last week that stimulus programs in countries such as China were helping stabilize sales. Slumps Easing Recent reports showed the housing slump, which helped trigger the financial crisis last year, and the decline in manufacturing have eased. Housing starts rose in June as construction of single-family dwellings jumped by the most since 2004, Commerce reported earlier this month. Industrial production shrank in June at the slowest pace in eight months, according to figures from the Federal Reserve. Most of the Fed’s 12 regional banks reported a slower pace of economic decline in June and July, the central bank’s regional survey of activity showed this week. Fed Chairman Ben S. Bernanke told Congress last week that there were “tentative signs of stabilization.” Companies probably cut stockpiles further last quarter, setting the stage for recovery in production. “With inventory levels in an ultra-lean state, businesses should start adding inventories in the second half of the year as the economy begins to show signs of life,” said Ellen Zentner, senior economist at Bank of Tokyo-Mitsubishi UFJ Ltd. Automakers General Motors Co. and Chrysler Group LLC, both out of bankruptcy, are among firms set to ramp up production as government efforts lift demand. The “cash-for-clunkers” trade-in program begun this month has spurred 16,351 new-vehicle sales so far, the Transportation Department said this week. The plan has given out $68.9 million in subsidies out of the $1 billion set aside. Economists project the economy will grow at an average 1.5 percent pace from July to December, according to a Bloomberg survey taken in early July. David Weidman, chief executive officer of Dallas-based chemical maker Celanese Corp., is among those seeing an improvement. “We exited the quarter with increasing optimism,” as rising demand offered “clear signs of economic recovery,” Weidman said in an interview this week. The Standard & Poor’s 500 Index and Dow Jones Industrial Average are up 12 percent since July 10 on better-than- anticipated earnings at companies from Motorola Inc. to 3M Co. The country “may be seeing the beginning of the end of the recession,” Obama said this week. Even so, “we know the tough times aren’t over.” | ||||
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| 31-Jul-2009 21:20 |
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Dow should open in green........yes man. | ||||
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| 31-Jul-2009 21:00 |
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Yr boss seng- mok, long for this round. Should be positive tonight. Hope i am right. CHEERS
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| 31-Jul-2009 20:58 |
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Any laggard stocks not moving in this rally
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Newbab, Got one cross my mind n i believe someone in this forum already told u that. This one u may consider is u thk Hilumas super penny stock can works. And that is Abterra. This one haven't shine yet. But got a certain potential. Go check its data at its company website. And u may check below link for the forum folk chat on this company: http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=2130 |
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| 31-Jul-2009 20:37 |
SoundGlobal
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Epure International
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Midas is a good stock. But i didn't go in first. Bc i find Midas up fast n down fast within the range of 0.83 to 0.88. Emm seens like alot of people are trying to profit first. Thus i'm going in later. Hopefully still can get it at good price. Maybe next week see first. But may also not going in, as i am monitoring another stock (also China related n more expensive than Midas)........... May opt fr it.
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| 31-Jul-2009 20:21 |
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DOW
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Dow still looks positive folks. Cheer. |
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| 31-Jul-2009 20:11 |
Li Heng Chem
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Li HENG
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To add on, 0.275 is the resistance to clear b4 going further up ........... So volume is the key point.......
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| 31-Jul-2009 19:44 |
Genting Sing
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GenSp starts to move up again
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Do agreed. But Genting SP, this counter been speculate by lots of people. Up n down alot. Thus i cash out some to vest on others first. Will be back for it again. Maybe in after Aug ............
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| 31-Jul-2009 18:52 |
Li Heng Chem
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Li HENG
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Li Heng TA looks ok leh, its lower EMA line is moving above its higher EMA line . It MACD also looks positive, Chaikin Oscillator outputs show higher low.....also ok. Volume play maybe the missing key things............... Today volume not alot. Any TA pro, like to share his view on Li Heng...... |
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| 31-Jul-2009 18:44 |
Li Heng Chem
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Li HENG
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Wow Li Heng is a disappointment today. Sian, hope it wake up on Monday. Cheers. | ||||
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| 31-Jul-2009 18:39 |
SoundGlobal
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Epure International
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Back at 0.59. Wait fr the next surge back. Cheers.
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| 31-Jul-2009 18:37 |
Jaya
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Jaya Holding
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Suddenly, Jaya lost its magical power. Bo-power liao??? Maybe the surge up is to lure victims in. Maybe?? Maybe its time CEO of Jaya holding talks abt it re financial issue for the sick of its investor. Don't let others have the chance to manipulate its stock.. Haha, luckily this morning PC got problem....if not sure....... go in ...than i definately go holland.............heng ah. But i maybe wrong, maybe Monday it will surge. Anyway i don't want to risk my money.........
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| 31-Jul-2009 16:49 |
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Market News that affect STI
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Today friday, lots of people thinking of going to cheong night life latter....... haha. Thus cash out.
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| 31-Jul-2009 16:37 |
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Market News that affect STI
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Next week (Aug) is our Penny Stock Day, hope for a good rally fr them. Cheers. | ||||
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| 31-Jul-2009 16:29 |
Genting Sing
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GenSp starts to move up again
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Maybe should cash out some first. I did that n reduce my Genting holdings. See if it will drop. If have, than lucky can collect again.
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| 31-Jul-2009 16:13 |
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Twins kepland and capitaland!
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Maybe Capland drop bc analyst downgrade them to HOLD. CapitaLand: Hold (OCBC Research, 31 July)
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| 31-Jul-2009 16:02 |
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Twins kepland and capitaland!
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Capland fall alot, not abit. Its time fr Kepland to catch up.
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