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DOW
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moneyface
Senior |
11-Apr-2008 20:59
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cyjjerry85
Elite |
11-Apr-2008 20:29
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currently DOW is in the red with over 100points down... GE may bring bad things to stocksDisappointing earnings from corporate bellwether raises new worries about financial sector, takes stock futures sharply lower.NEW YORK (CNNMoney.com) -- Stocks were set to tumble at Friday's open as corporate bellwether General Electric posted disappointing results that raised new worries about problems in the nation's financial sector. Stock futures were pointing to a lower open for U.S. markets. They had been pointing higher before the shocking report from GE (GE, Fortune 500) at 6:30 a.m. ET sent them tumbling. GE, which rarely posts results far from forecasts, earned only 44 cents a share from continuing operations, well below the 51 cents a share forecast by analysts surveyed by earnings tracker Thomson First Call. The conglomerate pointed to disappointing results from its financial services business. It also gave second-quarter earnings guidance well below forecasts and trimmed its full-year earnings outlook. Shares of Dow component GE tumbled nearly 6% in trading in Frankfurt immediately after the report. In other corporate news, the pilots union at Delta Air Lines (DAL, Fortune 500) agreed to contract revisions that could clear the way for the No. 3 airline's merger with Northwest Airlines (NWAC), a combination that has been widely anticipated since January. But there is also trouble in the airline industry. AMR (AMR, Fortune 500) unit American Airlines, the world's largest airline, canceled another 570 flights Friday as it tries to complete inspections of its MD-80 aircraft ordered by federal safety regulators. And Denver-based low-fare carrier Frontier Airlines Holdings (FRNT) filed for Chapter 11 bankruptcy protection after it said its principal credit card processor started withholding "significant proceeds" received from the sale of Frontier tickets. Retailer Linens 'n Things, the No. 2 home-furnishing store after Bed Bath & Beyond (BBBY, Fortune 500), could soon be the latest victim of the downturn in housing. The Wall Street Journal reported the privately held chain is set to file for Chapter 11 bankruptcy-court protection by Tuesday. Biotechnology giant Genentech (DNA) reported improved first-quarter profit after the closing bell Thursday, although sales of its top-selling cancer drug disappointed Wall Street analysts. Oil prices rose in early trading, as the May futures for a barrel of light sweet crude gained 48 cents to $110.59 in electronic trading. In overseas trading, Japan's Nikkei led most Asian markets higher, although those markets closed ahead of the results from GE. Markets in Europe, which had been up in early trading, tumbled into negative territory along with U.S. futures after the GE report. Just after the market opens Friday the University of Michigan will release its early survey results on consumer confidence in April. Economists are forecasting that index will fall to 69 from 69.5 in its previous reading. 
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AK_Francis
Supreme |
11-Apr-2008 01:23
Yells: "Happy go lucky, cheers." |
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Now DJ is on green, 76 over pts gain as compare to morning opened gain of over 90pts. As some sifus had posted the -ve view on DJ earlier, ie when DJ down substantially, STI definitely will kena. Hence, your choice now. Take care. |
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louis_leecs
Elite |
11-Apr-2008 00:38
Yells: "half cash" |
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dow jones will down day by day,,,,,,slowly digit down,,,,,just like up 100point and reverse down again in small digit,,,,,,no big moment and to let BB have chance unloaded day by day,,,,,,,evevy day the same | ||||||||
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CWQuah
Master |
11-Apr-2008 00:30
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Dow has fulfilled conditions for a short term trend reversal (changed to uptrend) as of now. However it is critical that Dow touches 12650 - 12675 by Fri night and stay above 12497 at all times on Fri for the uptrend to continue. Dow must close above 12527 tonight or selling is expected tomorrow in Asian markets. If Dow clears 12675, it is likely that the bull run will continue with a chance of breaking out above 12750. Caveat emptor. Remember the market goes 3 ways - up, down or sideways. |
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Naproxen
Veteran |
10-Apr-2008 23:51
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DOW up 100 points now. Hope it can sustain in the green region. | ||||||||
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hming78
Member |
10-Apr-2008 23:50
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From Reuters & Bloomberg websites, both showing above 100pts now although they are 15 mins delay. | ||||||||
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hming78
Member |
10-Apr-2008 23:46
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Where you guys get the latest DOW quote? | ||||||||
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yes888
Member |
10-Apr-2008 23:42
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dow is in red again... :( |
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lookcc
Master |
10-Apr-2008 22:16
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dow boring , will c how it is 2 hrs from now n if still +/- ard 25 pts,,,,,,then sleep, |
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Naproxen
Veteran |
10-Apr-2008 22:01
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Jobless claim result led DOW up, but whenever Paulson speaks, DOW kaput. | ||||||||
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musante
Member |
10-Apr-2008 21:44
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not enough.... not enough.... we need more,,,,,,much much more.... so lets keep our fingers crossed ,,,,when we sleep ... and pray for more....UPS...!!!!
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singaporegal
Supreme |
10-Apr-2008 21:38
Yells: "Female TA nut" |
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Dow is up 30 points. | ||||||||
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winsontkl
Elite |
10-Apr-2008 21:02
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Not good sign, Europe markets are mostly in the red now... | ||||||||
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AK_Francis
Supreme |
10-Apr-2008 18:07
Yells: "Happy go lucky, cheers." |
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It must be made known tonite in one of the big dinner leow. BTW, tks for the blessing. Cheers. AK | ||||||||
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cyjjerry85
Elite |
10-Apr-2008 18:06
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the thing is...even though our GDP growth was better than expected...the outlook for the quarters forward is not very bright as from what that famous CIMB guy said to the media | ||||||||
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Hulumas
Supreme |
10-Apr-2008 18:03
Yells: "INVEST but not TRADE please!" |
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Do not worry, positive reaction of 1st Qtr GDP growth far beyond market expectation will be tomorrow reflected to SGX. | ||||||||
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AK_Francis
Supreme |
10-Apr-2008 17:49
Yells: "Happy go lucky, cheers." |
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Even how well our 1Qtr GDP reflects, the sky is still dark, sian ah, eat grasses already. I guess tomorrow gonna to be a bad market for marketing leow, except throwing rubbish, as I hv longed few and no intention to keep them. Kiah See is the man, AK. | ||||||||
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jasonrxz
Senior |
10-Apr-2008 17:37
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yoz... AGAIN THE FUTURE IS RED RED..... it gonna to be a week of red red???? must have some point that it will stop bleeding right? Hope all the reports tonight will clear the black clouds covering the whole finanical market now..... -65pts as of now cheers 
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AK_Francis
Supreme |
10-Apr-2008 01:17
Yells: "Happy go lucky, cheers." |
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So, what strategy we can adopt tomorrow market. Just go durian plantation to pick up durian leow. On the other hand AK don't like durian leh!! I presume my long's counter gonna be eatten up tomorrow leow. Bo bian, oozing out blood loh. May consider to leave the market at the meantime, but shall be returned. What other brothers and sisters say? Just like Singal said, go for a break lah, since the market is not profitable at this moment. If money not adequate, go nearer resorts loh, Indon, Thai and Phi out of question, as there is imminent rice crisis, it may trigger riot and even racial unless. Go across the causeway, no lah, nowadays the coach drivers tend to black out after few hrs of driving on the Plus's highway. Go sentosa pontok for a cold beer under the hot sun, best leow. If you can swim well, go ahead for a swim in the lagoon loh. |
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