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Dow
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maxsyn
Veteran |
09-Jan-2007 22:45
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Ya....hope can "smell" some lead early the morning after DOW closed. I normally chase HSI and Nikkei. Hopefully can get some ang pow money from HSI tomorrow. : ) |
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chipchip66
Master |
09-Jan-2007 22:45
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today DOW should enjoy a good run as oil fell below USD55. Bulls 1 Bears 0 |
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elfinchilde
Elite |
09-Jan-2007 22:37
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hehe, yeah, thanks very much for the 'service' man. it's much appreciated by this elf! and i'm sure by fellow forumers too. :) love the colours, btw. |
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billywows
Elite |
09-Jan-2007 22:34
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Heehee! Not vested in US market as can't handle S'pore market liao, Elf .... Maxsyn, iPunter, Tanglinboy and I just want to see what's up in US market every nite, which will impact Asian market the next day. This to update you guys here lor. US market opens liao! .... Dow up 22 points and Nasdaq up 3 points! Shiok! |
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maxsyn
Veteran |
09-Jan-2007 22:34
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let see if it can close above 12500 again. |
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billywows
Elite |
09-Jan-2007 22:25
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FUTURES MOVERS
NEW YORK (MarketWatch) -- Crude-oil futures tumbled anew early Tuesday, pressured by continued above-normal temperatures in the northeastern U.S. and expectations that this week's supply data will show the first increase in crude inventories in seven weeks.
Crude for February delivery last traded down $1.95, or 3.5%, at $54.14 a barrel in electronic dealings, after touching a low of $53.88 -- its lowest level since June 2005. The contract has lost a full 11% of its value since the beginning of the year.
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elfinchilde
Elite |
09-Jan-2007 22:24
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yeay the shiok master is back! keke. billywows, are you invested in the US market or something? |
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maxsyn
Veteran |
09-Jan-2007 22:23
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A positive bias continues to hold in the futures trade, which should translate into a higher open for the indices. Tumbling oil prices remain the primary source of early support for investors. However, with BP plc (BP) saying Q4 production and profitability fell from a year earlier, further deterioration in oil also serves as a reminder that earnings estimates for the engine behind double-digit profit growth for the S&P 500 for so many quarters (Energy) will likely be revised lower. Thus, the subsequent loss of leadership throughout the Energy sector today may act as somewhat of an offset and minimize blue-chip gains. |
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singaporegal
Supreme |
09-Jan-2007 22:22
Yells: "Female TA nut" |
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Mostly due to the low oil prices I guess? |
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billywows
Elite |
09-Jan-2007 22:21
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US market poised to open Higher ... Shiok! --------------- On Monday stocks closed higher, after comments by a Federal Reserve official helped soothe economic concerns.
The futures contract for the Dow last was up 33 points at 12,525. Futures contracts for the S&P 500 and the Nasdaq 100 were up 2.10 points at 1,424.60 and up 4 points at 1,807.5.
At Tuesday's opening, investors are expected to try to extend Monday's gains.
"The market wants to trade higher," said Art Hogan, chief market strategist at Jefferies & Co. "We haven't really had any upside so far this year. There are concerns about how much the economy is slowing. But I would say that we have run out of selling pressure."
"There is more good news than bad news," Hogan continued. "GE is looking to sell its plastics unit and there is the possibility that Gap will be taken out. And energy prices have stabilized at lower levels. In the long run, that has to be good for corporate earnings."
The fourth-quarter earnings season kicks off after the close of trade with Alcoa's latest results. The report will be scrutinized for clues about the severity of the manufacturing slowdown.
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tanglinboy
Elite |
09-Jan-2007 09:44
Yells: "hello!" |
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Not that flat.... dow was up 25 points last night. |
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billywows
Elite |
09-Jan-2007 00:49
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Looks like a FLAT market tonite with no economic data .... Earning season starts 2molo. |
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billywows
Elite |
09-Jan-2007 00:33
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Dow down 21 points and Nasdaq up 2 points now ... The latter is stronger due to UBS upgrade of tech stocks today. ------------- |
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billywows
Elite |
08-Jan-2007 23:44
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US market recovering now! Dow down 26 points and Nasdaq up 1 point ... |
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billywows
Elite |
08-Jan-2007 23:29
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NYC Fire Department investigating gas-like odor
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iPunter
Supreme |
08-Jan-2007 23:25
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Monday 8 Jan 2007 Dow -53pts |
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billywows
Elite |
06-Jan-2007 23:44
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billywows
Elite |
06-Jan-2007 23:40
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Dow closed down 0.7% and Nasdaq down 0.8% last nite ... delayed report here. :P --------------------- |
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bteohc
Member |
06-Jan-2007 12:01
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Dow is taking a correction i.e. a rest. It is too tired to climb further as the dollars continue to weaken in the market. Fed is looking out for a interest hike to strengthen the dollar or temporarily to cease the slide of the dollar. |
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cashiertan
Elite |
06-Jan-2007 10:33
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who's worried? |
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