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DOW
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smartrader
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01-Sep-2009 21:46
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handon
Master |
01-Sep-2009 21:45
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my boss said SKY got no EYE when DOW close GREEN.... bet it all... short Big Time... hehe... |
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smartrader
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01-Sep-2009 21:28
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Dow will be up tonight .... good sentiment due to more data pointing to economics recoveries across the globe (esp. europe and china).. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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iPunter
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01-Sep-2009 21:10
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The housing recovery mirageWith home prices rising even in California, it might seem that the worst is over for the housing market. But the good vibrations may be short lived.Read More... |
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iPunter
Supreme |
01-Sep-2009 21:07
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Dow News (Click) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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handon
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01-Sep-2009 21:06
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my boss said later red.... tomorrow sure RED.... short first win first.... hehe.. Get rid of this PEGLI... said first win first.... haha... |
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cheongwee
Elite |
01-Sep-2009 19:20
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the US manufactoring index shd be ok..with.the weak US$ , factory order shd increase.. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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aleoleo
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01-Sep-2009 19:12
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Indications Sep 1, 2009, 5:54 a.m. EST U.S. stock futures down before ISM manufacturing reportLONDON (MarketWatch) -- U.S. stock futures pointed to a weaker start Tuesday ahead of a key report on the manufacturing sector, with a similar report from Britain raising the specter that the global economy will backslide after a recent stabilization. U.K. provided the bad news on Tuesday, with a manufacturing gauge unexpectedly sliding back into contraction territory and a fall in consumer lending for the first time in at least 16 years. The FTSE 100 fell 1.2% in London and the pound dropped against the U.S. dollar. In the U.S., the Institute for Supply Manufacturing's August manufacturing report, due at 10 a.m. Eastern, is expected to show a rise to 50.5% from 48.9%, according to economists polled by MarketWatch. That would mark the first rise above the break-even 50 level since January 2008. Also to be released during the day will be U.S. monthly auto sales. Alec Gutierrez, a senior analyst at KBB.com, said he wouldn't be surprised to see the annualized sales rate soar as high as 15 million cars and trucks this month, a massive improvement from a low in February of 9.17 million. |
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iPunter
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01-Sep-2009 07:50
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It's better to watch China than the US... This is because many have superficially ditched the US in favour of China as the economic leader of the new era... But the China bourse is now doing badly at this moment, with whopping 6% falls in a day... Goes to show the 'sickliness' of the whole situation... Thus it's not 'reasonable' to be maximum bullish at this time... |
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cheongwee
Elite |
01-Sep-2009 01:30
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OK gd nite all, nice talking with you all... i thk i got to sleep now, if not tomolo i will crash for sure.. |
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cheongwee
Elite |
01-Sep-2009 01:27
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i thk integrity.....we are both pessimitic ,but only dont agree on the timming, right?...you said now, but i said after oct ... |
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cheongwee
Elite |
01-Sep-2009 01:22
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Have you read, something like this...."wave 2 if reach, then if it ...shd be...if not ...it is the third wave.." now, only when we get there, they said i told you so..this is just plain prediction also , right? you just keep shouting bear, sure bear will come one day, who dont know.... if EW is accurate to the dot, we wont be here tonite...we be very rich. i thought u said u yawn, then good nite...just now.. |
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Dominicgoh
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01-Sep-2009 01:18
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The bear is gone and the bulls r out here to play. Fully agree with cheong wee! | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Integrity
Veteran |
01-Sep-2009 01:07
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NEW YORK (MarketWatch) -- The Elliott Wave Financial Forecaster was roundly hated by many MarketWatch readers because of its irritating pessimism throughout the late, lamented bull market. But the letter was also one of the very few to make money in during the Crash of 2008. ( See Dec. 17, 2008 column.) In fact right now, it looks like pessimism has paid off. Over the past 12 months through July, EWFF is up 11.4% by Hulbert Financial Digest count, versus negative 20.03% for the dividend-reinvested Wilshire 5000 Total Stock Market Index. Over the past three years, the letter has achieved an annualized gain of 3.58%, against negative 5.78% annualized for the total return Wilshire 5000. Over the past 10 years, the letter has achieved a 1.2% annualized gain, compared to negative 0.26% annualized for the total return Wilshire. It's easy to sniff at this modest return. But considerably more than half the 180+-plus letters followed by the HFD lost money over the last 10 years. That's what happens when you have a crash. And EWFF achieved this return with notably low risk. Indeed, on a risk adjusted basis, it has beaten the market over the nearly 30 years that the HFD has been following it -- a remarkable achievement given its radical stands. (Both ways. Presiding Elliott Waver Bob Prechter was controversially bullish in the early 1980s, contrary to his image among a later Wall Street generation.) But here's the problem: Over the year to date, EWFF is up just 0.1% versus 12.5% for the Wilshire. This is ironic, given that EWFF was an early proponent of the view that a rally, albeit probably a bear-market rally, was coming. ( See June 29 column.) True to the Elliott Wave tradition, EWFF is responding by boldly calling a market turn rather than submitting to the trend. Its current issue, dated Aug. 27, says: "The stock market is poised to complete the bear-market rally from March. Besides achieving to price objectives originally forecast in March, the five-month push has generated optimistic extremes that exceed those that were recorded at the October 2007 all-time high." The Elliott Wave is a complex pattern theory, hard to summarize and even harder to justify on any other basis but success. This is what the letter actually says: "The Dow is just short of the most likely stopping point, 9654/9764, previous fourth wave extreme. ... The worst seasonal month of the year is at hand (September). Prices should decline at least as fast as they rebounded. For those who felt trapped in Primary Wave 1, Wave 2 will offer a respectable place to exit. But we know from past experience that many will hold out for even higher prices, hoping to 'break even.'" However, Elliott Wavers are also very interested in sentiment signs and cultural cues. (Bob Prechter was once a rock musician.) For example, EWFF says: "If the turn is big enough, the public will sometimes turn on the president ahead of the actual [market] peak. The bigger the discrepancy between George Bush's approval rating relative to the rising Dow Jones Industrial Average, the more convinced we were that the upcoming stock decline would be one for the record books. ... The divergence between the two is back, as President Obama's approval rating is slipping fast even as the Dow rises." For good measure, EWFF adds: "A debate over 'universal health care' is the perfect place for the optimistic psychology of a Grand Supercycle degree peak to have its last stand, as stocks reach back toward Dow 10,000 one last time ... such reforms [are] obvious manifestations of an extreme attitude about entitlements to comfort and support that may not have existed in history except perhaps in the late Roman Empire." |
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cheongwee
Elite |
01-Sep-2009 01:04
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If you have follow me when i posted that the sucker rally have begun on 19 Apr... you be like me ...got lot of money to lose, instead of envy... now you got chance to buy tomolo...hope you buy... i am not a holy woman. i dont preach...but i do predict that the worse is far fr over.. and that is not now,,,,in late summer oct ...to early 2010..
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Integrity
Veteran |
01-Sep-2009 00:57
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All right all right, so much of your "preaching" just want to show the world that you have the money to lose? Yes, by all means, go ahead and buy, no one will stop you from buying right? Am not interested in your "preaching". Yawn... good night.
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cheongwee
Elite |
01-Sep-2009 00:55
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honestly, i see data all ok for now, so i hope dow will go down even more, so i can buy cheaper tomolo... | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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cheongwee
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01-Sep-2009 00:51
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I look at the dow for 30 yrs..i will look at it for hopefully for another 30 yrs.. it make me lot of money this rd, i can never lose unless it go to 6500..7000..which i start my buying.. but it will only go there after 2010...maybe lower, but i dont thk you got gut to buy when we reach there... and even that may not come...so ??? i am in the market with the casino money...not mine... i give market a chance to win back some, so either it win back some or i make more... how to lose when the buck belong to the market.!!!..
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Integrity
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01-Sep-2009 00:48
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oh cheongwee, i prefer to be stubborn rather than losing my money in this bearish market. And yes, pls buy more tomorrow. lol. |
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cheongwee
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01-Sep-2009 00:45
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thanks.. i am buying tomolo..i bought today also...if you will to read more..you be surprise...there are more bull out there...but only one bear.....that is YOU.. you are stubborn, i believe you sold out early and are envy of other..right?? stubborn ppl lose their integrity... 100pts down is not bear,,it is correction, ... we are experience here, we will run if it really crash,,
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