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DOW
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handon
Master |
17-Aug-2009 22:03
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x 0
x 0 Alert Admin |
dow fall too little... no enough..... hehe.... 
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dealer0168
Elite |
17-Aug-2009 21:54
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x 0
x 0 Alert Admin |
Emm, maybe tomorrow is another shopping day. | ||||
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aleoleo
Master |
17-Aug-2009 21:48
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x 0
x 0 Alert Admin |
no worries la, even DJ drop 200 also factor in liao .... noon session when the regional market is down we all already expected what will happen now loh ..... | ||||
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singaporegal
Supreme |
17-Aug-2009 21:45
Yells: "Female TA nut" |
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x 0
x 0 Alert Admin |
Things usually look gloomier when the market opens on a bearish note because retail investors panic and dump their shares. |
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smartrader
Elite |
17-Aug-2009 21:42
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x 0
x 0 Alert Admin |
thought from SSE ? | ||||
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handon
Master |
17-Aug-2009 21:41
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x 0
x 0 Alert Admin |
my boss said bad sentiment come from dow... dow logically should fall hardest.... my boss said one hor.... hehe... |
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risktaker
Supreme |
17-Aug-2009 21:28
Yells: "Sometimes you think you know, but in fact you dont" |
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x 0
x 0 Alert Admin |
wow alot of people will lost tons in future trading today. |
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handon
Master |
17-Aug-2009 21:25
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x 0
x 0 Alert Admin |
my boss said sentiment is bad... 9.0 can be... hehe...
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risktaker
Supreme |
17-Aug-2009 21:15
Yells: "Sometimes you think you know, but in fact you dont" |
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x 1
x 0 Alert Admin |
Fantastic news Fed expanding TALF to March 2010 from December 2009, commercial securities program through June 2010 |
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smartrader
Elite |
17-Aug-2009 21:13
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x 0
x 0 Alert Admin |
Dow will rescue the world tomorrow... | ||||
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dealer0168
Elite |
17-Aug-2009 21:02
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x 0
x 0 Alert Admin |
New York Factories Expand for First Time Since 2008 By Shobhana Chandra Aug. 17 (Bloomberg) -- Manufacturing in the New York region grew in August for the first time in more than a year, reinforcing signs the worst recession since the 1930s is nearing an end. The Federal Reserve Bank of New York’s general economic index climbed to 12.1, higher than forecast and the first expansion since April 2008, the bank said today. Readings above zero for the Empire State index signal manufacturing activity is growing. Today’s report, one of the first regional factory measures for the month, indicates companies are restarting assembly lines after slashing inventories at a record rate. Economists project growth will resume this quarter, helped by stabilization in manufacturing and housing. “Manufacturing is in the midst of a turnaround,” John Herrmann, president of Herrmann Forecasting in Summit, New Jersey, said before the report. “Inventories are lean relative to sales and companies will need to restock. It means orders will rise and production will rise” in coming months. Stock-index futures trimmed losses and Treasury securities pared gains following the report’s great-than-anticipated improvement. The contract on the Standard & Poor’s 500 index was down 1.9 percent at 8:38 a.m. in New York, after being down as much as 2.5 percent earlier. The yield on the benchmark 10- year note was 3.51 percent, down from 3.57 percent at the end of last week. Exceeds Forecast Economists projected the Empire State index would rise to 3, according to the median of 41 estimates in a Bloomberg News survey. Forecasts ranged from 8 to minus 5. “We think the recession is ending right now,” Abby Joseph Cohen, senior investment strategist at Goldman Sachs Group Inc., said in an interview today on Bloomberg Radio. The economy may grow by 3 percent in the next couple quarters and by 1.5 percent to 2 percent next year, Cohen said. The August reading on the New York Fed index was the highest since November 2007, the month before the recession began. The index was at minus 0.6 in July. Manufacturers account for 6 percent of New York’s $1.1 trillion economy. The New York Fed’s measure of new orders increased to 13.4, from 5.9. A gauge of shipments rose to 14.1. The index of inventories gained to minus 22.3 from minus 36.5. A gain signals stockpiles are being cut at a slower pace. Costs Climb The index of prices paid climbed to 13.8, while the gauge of prices received dropped to minus 12.8, signaling that factories are not able to pass along increasing raw-material costs to their customers. A measure of employment increased to minus 7.5, the highest level since October. Factory executives in the New York Fed’s district, which encompasses New York state, northern New Jersey and one county in Connecticut, turned more optimistic about the future. The gauge measuring the manufacturing outlook rose to 48.2, the highest level since July 2007, from 34. Industrial production rose for the first time in nine months in July as the federal “cash-for-clunkers” program spurred demand for cars and automakers completed mid-year overhauls of their factories, a Fed report showed last week. The auto plan, which provides cash incentives for fuel- efficient cars, already is boosting vehicle sales and is likely to help lift production this quarter. More Output Chrysler Group LLC, the U.S. automaker run by Fiat SpA, will make more light trucks than it had planned in the second half to meet growing demand, a person with knowledge of the situation said last week. Chrysler plans to run two plants on overtime and is operating a third shift at another factory to restock dwindled inventory on dealer lots, said the person. Businesses in the region that are raising forecasts include White Plains, New York-based ITT Corp. The company said on July 31 that 2009 profit will be higher than its prior forecast after second-quarter expenses fell. “There’s signs of life” in some markets, Chief Executive Officer Steve Loranger said on a conference call on July 31. Loranger said ITT’s municipal water business has begun to stabilize as federal economic-stimulus money starts trickling in. Benefits from the stimulus plan aren’t likely to aid the company’s results until next year, he said. “We’re still not forecasting any significant stimulus benefit this year because the actual distribution of those funds has been very slow,” Loranger said. “We certainly will get our fair share.” A report from the Philadelphia Fed, due on Aug. 20, may show manufacturing in that region shrank this month at the slowest pace in almost a year, according to a Bloomberg survey. A Bloomberg monthly survey of economists showed the economy will expand 2 percent or more in four straight quarters through June 2010, the first such streak in more than four years, as the effects of the government’s fiscal stimulus broaden. |
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risktaker
Supreme |
17-Aug-2009 21:01
Yells: "Sometimes you think you know, but in fact you dont" |
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x 0
x 0 Alert Admin |
Expect the Unexpected A gauge of manufacturing in New York state moved into positive territory in August, suggesting growth in the sector for the first time since November 2007, the New York Federal Reserve said in a report on Monday. The New York Fed's "Empire State" general business conditions index rose to plus 12.08 from minus 0.55 in July. Economists polled by Reuters had expected a figure of 3.00. The survey of manufacturing plants in the state is one of the earliest monthly guideposts to U.S. factory conditions. The latest reading is "a clear indication that, on balance, business conditions had improved for New York State manufacturers," the New York Fed said. |
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Integrity
Veteran |
17-Aug-2009 20:55
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x 0
x 0 Alert Admin |
Haha, today STI and HSI cheong to the south instead.....
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risktaker
Supreme |
17-Aug-2009 20:46
Yells: "Sometimes you think you know, but in fact you dont" |
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x 1
x 0 Alert Admin |
expect the unexpected :) | ||||
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smartrader
Elite |
17-Aug-2009 20:33
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x 0
x 0 Alert Admin |
Just look through extent of damages... pennies portfolio holding up well. This will enable the pennies to bridge the price gap with blue chips during the recent rally. Do a comparison with blue chips like Singtel or others with one of the your pennies to confirm this.... | ||||
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cheongwee
Elite |
17-Aug-2009 20:08
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x 0
x 0 Alert Admin |
Hey, where is everybody....bear only...for now...why all so quiet.... ok tomolo, either we watch fr the side or join in and short it down,,,,so we can buy even cheaper later..can pls sh wat action u all are thking.. |
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cheongwee
Elite |
17-Aug-2009 19:28
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x 0
x 0 Alert Admin |
come on...not becos cheongwee sold out of mrket he said dow sure down...how many times did you see dow future so jiat lat without dow drop heavily???be honest... never mind, let it drop and correct...i thk by thurs it will be ok...all data can only slow or improve...till late summer when comm RE loan is recall.... just take the knock, but u shd have sell ltoday ike i did, and buy back later more and cheap..so u make more or break faster.... |
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edskh78
Member |
17-Aug-2009 19:15
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x 0
x 0 Alert Admin |
Skali tonight Dow Jones go up and tomorrow STI bounce back leh. Let's believe in optimism............ | ||||
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solar2008
Senior |
17-Aug-2009 19:13
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x 0
x 0 Alert Admin |
today asian market already factor in 2nite DOW future. Tomorrow may open positive.
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dealer0168
Elite |
17-Aug-2009 19:12
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x 0
x 0 Alert Admin |
Hope today STI big fall already pack in tonight Dow fall. Than tomorrow correction will be small one. | ||||
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