Your boss is a girl?beautiful?

No wonder you are your boss's slave, whatever she said, you listen her.

hahaha!

handon      ( Date: 04-Sep-2009 21:03) Posted: my boss ask how far DOW can CHEONG when no friday EFFECT.... long first win first.... hehe....  Get rid of this PEGLI...

NEW YORK (CNNMoney.com) -- Stocks struggled early Friday after a government report showed that job losses slowed in August, but the unemployment rate rose to a 26-year high.

Economy: The Labor Department reported that the economy shed 216,000 jobs in the month of August, which was less than expected.

The payroll figure for July was revised to a decline of 276,000 jobs.

The unemployment rate rose to 9.7% in August, the highest rate since 1983, from 9.4% in July. It was higher than the 9.5% rate expected by the Briefing.com economists' consensus.

I think DOW should close high today loh, maybe another late rally later on ...... unemployment rate keep rising, this is expected as many economist has said this before, may hit as high as 10% mah, let investor digest abit first .... should cheong la ....

US monday holiday - labor day .  HSI will cheong, SSE sure cheong, STI should follow, MONDAY all huat la

Still thinking of getting rid of her.....hehe

Fang ta yi ge sheng ru ba...............haha

handon      ( Date: 04-Sep-2009 21:03) Posted: my boss ask how far DOW can CHEONG when no friday EFFECT.... long first win first.... hehe....  Get rid of this PEGLI...

An interesting article!!

Sep 1, 2009, 12:01 a.m. EST

The cruelest month

Commentary: September historically has been the worst month for stocks

By Mark Hulbert, MarketWatch

ANNANDALE, Va. (MarketWatch) -- September historically has been so bad for the stock market that, even in the absence of a good explanation for why it should be such a poor performer, you may want to pull a few chips off the table.

Consider September's record back to 1896, when the Dow Jones Industrial Average /quotes/comstock/10w!i:dji/delayed (INDU 9,345, +63.94, +0.69%) was created. September on average since then has produced a return of minus 1.2%, in contrast to an average gain of 0.7% for all other months. No other month comes even close to such a dismal record.

Making the statistical case against September even stronger is the remarkable consistency of its poor performance. Consider the accompanying table, which shows how September ranks against all other months of the calendar in each of the last 11 decades, as judged by the Dow.

Notice from the table that in all but one of the last 11 decades, September was a below-average performer. In more than half the decades, in fact, the month's rank was dead last.

Why, given such an overwhelming record, would anyone question September's bad record? Because there is no good theory for why the month should be such an awful month for the stock market. And, without such an explanation, there's the distinct possibility that the statistical pattern is just a fluke.

Such bogus patterns show up all the time, of course. My favorite example, as past readers of my column know, comes from David Leinweber, founding director of the Center for Innovative Financial Technology at the University of California, Berkeley. Several years ago he searched through all the data on a United Nations CD-ROM to find the indicator with the most statistically significant correlation with the S&P 500. His discovery: Butter production in Bangladesh.

To be sure, many have tried to come up with explanations for September's poor historical record, attributing it to everything from the timing of the agricultural harvest to the need to sell stocks in September in order to pay tuition for the kids' private school or college. But, as far as I am aware, none of the hypotheses that have been proposed up until now have been able to withstand much scrutiny.

Still, the statistics underlying September's bad record are impressive. It was more than 20 years ago that -- as far as I can tell -- the first academic study appeared in which September's significantly below-average return was noted.

Since that study was completed, the spread between September's average return and that of all other months has been even wider than it was up until that point. That study, "Are Seasonal Anomalies Real? A Ninety-Year Perspective," was written by Josef Lakonishok, a finance professor at the University of Illinois and Seymour Smidt, a professor at Cornell.

What should be your response to all of this?

It depends on how much importance you place on having theoretical explanations for statistical patterns. While most statisticians place a lot of importance of them, there are many on Wall Street who disagree.

Day traders, for example, are famous for not waiting around for such explanations before deciding to trade on historical patterns. And if you agree with them, then you'd want to get out of stocks now rather than risk a poor September.

What if you do think that having a good theory is important? Your response then would depend on whether you can come up with a plausible explanation for why September is such a poor one for the stock market. While I am not aware of any, that doesn't mean none exists. To the extent you have one, then you'd have more confidence in betting against stocks over the coming month.

If you do have such an explanation, please let me know. I'd love to study it.

In any case, good luck!

Mark Hulbert is the founder of Hulbert Financial Digest in Annandale, Va. He has been tracking the advice of more than 160 financial newsletters since 1980.

Synear I traded before very active at one time. Have yet to buy China Hongxin, China Sports and Oceanus.

Midas too controlled counter.  Whenever I buy, it will stay there, I noticed many times.