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Latest Posts By ozone2002 - Supreme      About ozone2002
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08-Aug-2008 08:41 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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S'pore banks issued a warning of credit defaults ...may have -ve impact on STI
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08-Aug-2008 08:32 Sakari   /   Straits Asia       Go to Message
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looking gd...hope to get in on the up move when market opens
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08-Aug-2008 08:02 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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Last nite, US markets wiped out their gains over the last few days.. STI no NDP rally?..
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07-Aug-2008 15:42 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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PUT your right foot in , u PUT ur right foot out, PUT.. PUT ...PUT.. do the hokey pokey ...  tats wat its all abt!

Stocks in Europe, Asia Decline; U.S. Index Futures Retreat


By Sarah Thompson

Aug. 7 (Bloomberg) -- Stocks fell in Europe and Asia and U.S. index futures dropped, led by financial firms, after Allianz SE scrapped its profit growth forecast and American International Group Inc. posted a bigger loss than analysts estimated.

Allianz retreated after Europe's biggest insurer said second- quarter profit tumbled 29 percent. AIG, the world's largest insurer, dropped in Germany after reporting a $5.36 billion loss. Mitsubishi UFJ Financial Group Inc. slumped for a second day after raising bad-loan provisions. Dexia SA, the world's largest lender to local governments, tumbled on plans to add $300 million to its U.S. bond insurance unit after the division posted a second-quarter loss.

The MSCI World Index lost 0.2 percent to 1,366.7 at 8:05 a.m. in London as eight of 10 industry groups decreased. Futures on the Standard & Poor's 500 Index fell 0.4 percent. Europe's Dow Jones Stoxx 600 Index declined 0.6 percent, while the MSCI Asia Pacific Index slumped 0.9 percent.

``AIG's massive losses has shattered the market's confidence,'' said Oliver Stevens, head of dealing at IG Markets in Melbourne.

Investors will also be watching interest-rate decisions today from the Bank of England and the European Central Bank. Economists predict both banks will keep rates unchanged. The Bank of England announces its decision at noon in London, while the Frankfurt-based ECB, which increased borrowing costs last month, publishes at 1:45 p.m. local time.

Credit Losses

The Stoxx 600 has lost 21 percent this year as record oil, accelerating inflation and credit losses nearing $500 billion worldwide slow economic growth and prompted analysts to cut earnings estimates.

Profits at Stoxx 600 companies may drop 2.5 percent on average in 2008, according to projections tracked by Bloomberg. That's down from a forecast for 11 percent growth in January.

All 23 countries in the MSCI World except Canada have entered bear markets since September. A bear market is commonly defined as a drop of 20 percent from a peak.

Allianz slid 3.6 percent to 108.89 euros. Europe's biggest insurer abandoned its earnings growth forecast after losses at Dresdner Bank led to a 29 percent drop in second-quarter profit.

Allianz expects markets to remain difficult through 2009 and its target for 10 percent compound annual growth in operaing earnings ``cannot be maintained,'' the Munich-based insurer said in a statement yesterday.

AIG, Mitsubishi UFJ

AIG, the world's biggest insurer, reported a worse-than- estimated loss after housing-related writedowns wiped out profit for a third straight quarter, renewing concern that the company may need more capital.

AIG lost $2.09, or 7.2 percent, to $27 in Germany.

Mitsubishi UFJ declined 3.9 percent to 869 yen, the lowest level since March 31. Japan's biggest publicly traded bank Aug. 5 reported a 66 percent slump in net income for the first quarter.

Dexia fell 7.7 percent to 9.25 euros. The company plans to add funds to its U.S. bond insurance unit and stop selling coverage for asset-backed debt after the division posted a second-quarter loss. The capital will allow the unit, Financial Security Assurance Inc., to exceed requirements for a AAA credit rating, New York-based FSA said.

Dexia said its second-quarter net income fell 32 percent to million euros when losses at FSA are included.

Liberty International Plc lost 2.7 percent to 876 pence after the U.K.'s largest shopping-centre owner was downgraded to ``sell'' from ``hold'' at Deutsche Bank AG because of second- quarter write-offs and economic deceleration.

Axa

Axa SA rose 5.1 percent to 21.41 euros. Europe's second- biggest insurer said first-half profit declined 32 percent to 2.16 billion euros after falling stock markets curbed sales of savings plans and on writedowns of investments. Analysts projected earnings at 1.93 billion euros in a Bloomberg survey.

Hammerson Plc dropped 2 percent to 969.5 pence. The U.K. owner of Birmingham's Bullring and London's Brent Cross shopping centers posted a loss in the first half as the value of its offices and malls declined.
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07-Aug-2008 14:27 SPC   /   SPC       Go to Message
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Q $6 liao...make my dream come true...haha
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07-Aug-2008 13:45 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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gettin ready for NDP rally ?keke
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07-Aug-2008 11:17 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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i hear money ringing in from my put warrants.. :)
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07-Aug-2008 10:11 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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Maes & Macs spoil the rally..:)

only fireworks u see is @ NDP parade
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07-Aug-2008 09:16 SMRT   /   SMRT       Go to Message
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techincal entry.. $1.8+..

every morning see the jam packed crowds in the train like can of sardines..

translates to $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
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06-Aug-2008 14:43 SPC   /   SPC       Go to Message
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drinks on u!

Yokozuna      ( Date: 06-Aug-2008 14:17) Posted:

6.11 can count?

ozone2002      ( Date: 05-Aug-2008 16:54) Posted:

who got @ 6.09


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06-Aug-2008 10:46 SunVic Chemical   /   May Attempt 60 cts       Go to Message
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hit 40c... must break 45.5 to show significant rally..
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06-Aug-2008 09:11 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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i tot STI will blast to the sky..so that i can buy more puts..keke.. but disappointing lei..
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05-Aug-2008 16:54 SPC   /   SPC       Go to Message
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who got @ 6.09
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05-Aug-2008 15:23 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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my put warrant making big bucks...markets drop further!!!
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05-Aug-2008 13:26 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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short more lei..so my put warrants can make more $$

thank u hor  :):)
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05-Aug-2008 11:46 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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vol good on a down day! :)
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05-Aug-2008 10:26 SPC   /   SPC       Go to Message
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$6 la
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05-Aug-2008 09:38 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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it ain't able the oil...its abt e economy...n US super duper long recession tat will impact the whole world..
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05-Aug-2008 09:36 Citic Envirotech   /   Projects delays       Go to Message
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26c !...OHL effect!.. manipulation in progress..i love kelong!
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04-Aug-2008 22:00 Sino-Env   /   strong selldown       Go to Message
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good stuff ..hard to bluff..keke

congrats to those who r vested..

swimming in ur profits now :):)
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