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dealer0168
Elite |
16-Jul-2009 23:47
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Most likely flat day........ooo sleep already. Not exciting at all tonight for DOW.
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dealer0168
Elite |
16-Jul-2009 23:22
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Ooo cathyimg, for this quarter i anticipate that US will recover well. But of course not totally recover. China already recovers..., singapore also out of technical recession..., & .....so on. So for this round i believe both US may hit 9000 & STI to hit 2600. Abit bullish mindset in me....haha Above are my opinion. Emm, btw u short today Is it Cathyimg.....??
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dealer0168
Elite |
16-Jul-2009 23:22
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Seems to be..... abit red now leh.
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idesa168
Elite |
16-Jul-2009 23:11
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Looks like it's trading at a very tight range bound. I think it will close flat tonight if nothing happens later. | ||||||||||
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cathylmg
Elite |
16-Jul-2009 23:06
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Could you please explain how different?
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richtan
Supreme |
16-Jul-2009 23:06
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S&P 500 to Rise More, Credit Suisse Says: Technical Analysis By Francesca Cinelli July 16 (Bloomberg) -- The Standard & Poor’s 500 Index may rise further after breaking a “major resistance” level yesterday and crossing its 233-day moving average for the first time since December 2007, according to analysts at Credit Suisse Group AG who use price charts to make forecasts. “A rise above the June highs is expected in the coming 2-3 weeks,” technical analysts at the Swiss bank including Zurich- based Mensur Pocinci wrote in a report today. “With yesterday’s advance most stock markets have triggered upgrade levels on the short- and medium-term horizon.” The benchmark index for U.S. stocks rose to 932.68 at yesterday’s close, bringing this week’s increase to 6.1 percent. While the measure, down 1.4 percent since June 12 when it reached a seven-month high of 946.21, may fall back to 925 in the next day or two, the uptrend is “expected to resume,” Pocinci said in a phone interview. “The upward movement in the last few days was too strong and too fast.” Technical analysts look at price charts to forecast resistance levels, or ceilings restricting further price increases, and support levels, or floors limiting declines. “The break of the 233-day moving average, which is a Fibonacci number, is a further bullish sign,” Pocinci said. The S&P 500 closed above its 233-day moving average, currently at 928.61, for the first time since December 2007. Fibonacci analysts use a system pioneered by 13th century mathematician Leonardo Pisano, who discerned ratios from proportions found in nature. The analysis is based on the theory that prices rise or fall by certain percentages after reaching a high or low. Passage through one level is a sign an index will keep moving to the next. To contact the reporter on this story: Francesca Cinelli in Milan at fcinelli@bloomberg.net. |
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dealer0168
Elite |
16-Jul-2009 22:44
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My guts tell me this time round is different fr 1st quarter............. So good luck to u.........
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handon
Master |
16-Jul-2009 22:42
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short got better chance of winning today only... hehe... 
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dealer0168
Elite |
16-Jul-2009 22:39
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I'm seeing abit more & more green now.......Dow is continuing the climb up. Hope it climb up more by end of the day 
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smartrader
Elite |
16-Jul-2009 22:25
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good luck ! |
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idesa168
Elite |
16-Jul-2009 22:21
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I went into PUT warrant today at the start of the trade. After a huge run, I believe the mkt will cool down immediate after the gap up. True enough it went down from the start of the trade. I am still holding on the warrant as I felt that the sell off will continue tomorrow. | ||||||||||
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smartrader
Elite |
16-Jul-2009 21:59
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9000 is possible this month...Not TA..GFA- gut feel analysis..
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ronleech
Master |
16-Jul-2009 21:51
Yells: "Believe in yourself. Ride with the waves......" |
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No big lose but 100% no big gain either | ||||||||||
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smartrader
Elite |
16-Jul-2009 21:49
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DJ INDU AVERAGE .DJI i -- 8635.71 +19.500 +0.2 25,195,181 | ||||||||||
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handon
Master |
16-Jul-2009 21:49
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can try short term hourly short.... hehe.....
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idesa168
Elite |
16-Jul-2009 21:47
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I have doubt DJ will rally like last night! Should have many non-believer taking profit. | ||||||||||
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i780samsung
Member |
16-Jul-2009 21:45
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Another good news from US ... DJ will rally again ...JPMorgan Chase posts 2Q profit, surpasses StreetJPMorgan Chase posts 2nd-quarter profit of $2.72 billion helped by investment banking business
CHARLOTTE, N.C. (AP) -- JPMorgan Chase & Co. posted a 36 percent jump in second-quarter profit Thursday, easily surpassing Wall Street expectations as strength in its core consumer and investment banking businesses offset a jump in credit losses. .... see yahoo finance |
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handon
Master |
16-Jul-2009 21:41
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my boss sold some dow.... still have some... hehe....
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smartrader
Elite |
16-Jul-2009 21:33
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el7888
Veteran |
16-Jul-2009 21:23
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Any news on Dow Jones? Is today a holiday for US? | ||||||||||
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