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DOW
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cheongwee
Elite |
27-Aug-2009 00:48
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I always like to call to buy this gold and silver... you know what the American say abt this investment in gold, "invest 10% here and hope it will never happen"..it is like buying insurance...you dont buy fire insurance and hope your house catch fire, right? i read that way back those who vested 10% in gold, got richer even though they lose the other 90% in stock... and 10% is little, gold can never go to zero like your ferro, celestila...so it is safe to call..i am too happy to call..really. if it never come( the worse case scenario) it will be better, but if it really come to pass...you will be glad...and protected.... |
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cheongwee
Elite |
27-Aug-2009 00:36
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You know why those ppl always ask what is the tg px of so and so counter??? becos they are greedy, they thk by knowing tg px, which they deem to be the highest px to sell...they profit more.. but in reality, no one know what is the price...we may only know the rumour only...that is all..once they stop , that is the px, these ppl who ask what is the tg px, will alway try to be the last guy to sell, these are the ppl who will be caught, when the music stop...and they hold till the next bull... so it is always common to hear ppl say i bought this 2 yrs ago at the height of last bull..still unable to break even... extreme GREED AND OVER CONFIDENT KILLS!!!! |
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Integrity
Veteran |
27-Aug-2009 00:28
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Fed's Lockhart sees slow, jobless recoveryWASHINGTON (MarketWatch) -- The economic recovery and the pace of improvement in the labor market will be "frustratingly slow," according to Dennis Lockhart, the president of the Federal Reserve Bank of Atlanta. In a speech to a chamber of commerce audience in Chattanooga, Tenn., Lockhart said businesses seem likely to defer hiring until a pick-up in top-line demand is beyond doubt. When the Fed considers its exit strategy, the "quality" of the recovery will be more important than its "speed," Lockhart said. His remarks fit with the cautious tone about the economic outlook from policymakers reported by participants at the central bank's annual retreat in Jackson Hole, Wyo. last weekend |
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iPunter
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27-Aug-2009 00:21
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It depends on your time frame... You are thinking about the longer term effects of the systemic breakdown... But till then, opportunities abound for profiting... think govt bailouts, money printing, consumers' spending (read spendthrift) nature... These alone are enough to fuel a big bad bull run... |
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Integrity
Veteran |
27-Aug-2009 00:14
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Once the stimulus effect is gone and owning trillions dollar in debt... i believe it will be the time to hide. |
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cheongwee
Elite |
27-Aug-2009 00:11
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A_K Francuis....i thk we will definitely see light, but the light will be flickering light...like those which we hang up for celebrating.Hari Raya and Chinese NY....flickering. light..sometime on and sometime off... on and off...till we cannot tahan............ |
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cheongwee
Elite |
27-Aug-2009 00:06
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America will never be the same again, Trillion of dollars of losses in housing and stock, they are in debt to the trillion, they can no longer keep consuming, and the world excess got no where to export to...except to the developing countries bnt they are too poor to buy right now.. this will definitely take a longer time to digest itself out... second stimulus will kill the dollar creating even more havoc... |
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knightbridge
Veteran |
26-Aug-2009 23:35
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confidence in the market come and go just like most of the people.. Easily sway... | ||||
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AK_Francis
Supreme |
26-Aug-2009 23:31
Yells: "Happy go lucky, cheers." |
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Ha ha, waited quite long to see some bright lights fr US economy. If the Mon H1N1 news fr President office stated that by Autumn n Winter, local may hv half d population suffer fr ds flu is not an impending market fear, then its ok. Other threat is that the new antitode of the flu may not be ready in ahead of the epidemic in coming Sept. Worst, once the antitode is ready for use, though bulk of them would be manufactured in other big continents as well, but the overall manufacturing output cannot cover the global needs. Small countries will suffer the shortage and got hit badly, should the epidemic spread quickly. Asian small countries are the victims as well, overheard news reuter broadcasted just now. Hope all the above wouldn't affect the world, esp the health of human being, as money can't buy it one. God bless. |
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iPunter
Supreme |
26-Aug-2009 23:20
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How can the blue chips keepm on rising and rising and rising? They 'had their fling' only recently, so it's time they take a break... Rotational play is the name of the game... Did you notice the recent cheongs of second liners like BanJoo-Joo, Memstar, Seroja, Gentings, etc?.. |
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cheongwee
Elite |
26-Aug-2009 23:17
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I thk at worse it stay flat or close a little down...it will be a bonus if it give a few ten points... | ||||
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cheongwee
Elite |
26-Aug-2009 23:08
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Be alert or be sorry later...got profit take as you punt along, never mind you sell early .. |
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cheongwee
Elite |
26-Aug-2009 23:05
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yes...you are very observance...you know what i thk...they are distributing slowly to small retailer..they are selling slowly.. where esle we are busy punting on penny and mid cap.. i believe you all know the road you shd take..if this is true..and look like it is...
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cheongwee
Elite |
26-Aug-2009 22:57
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i think our greatest fear is near....if it is, then all call is off!!!!pls apply trailing stop and cut fast, if thing come to pass....so you dont blame me , asking why ? If DOW toa lau sai...all play is off...you thk BB can play when nobody is buying... all penny will sink like penny as usual... |
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Peg_li
Master |
26-Aug-2009 22:55
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you are right, so many good news, but STI moved only a little bit. those blue chips didn't move at all, some even fell. I also think something abnormal.is it time to correct? but STI also looks like very difficult to fell below 2500, it has got very strong support at 2500.a little bit puzzled. any advice?
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iPunter
Supreme |
26-Aug-2009 22:55
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Yup, you are right, Sir... As long as it doesn't fall, it is bullish for the masses' psychology... |
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cheongwee
Elite |
26-Aug-2009 22:50
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i thk tonite hope DOW stay flat, since it dont want to cheong...or at least some consolation a few ten of points also good... | ||||
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cheongwee
Elite |
26-Aug-2009 22:47
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Housing sale increase if at high px means economy is booming, but housing sale increase if the px is 32% cheaper, it is bad...why? more will default,,,,more will walk out and more forclosures...bank to suffer next again..isn't this how the problem initially started.... and durable goods increase is nothing to shout as the dollar have weaken tremendously.. i thk Wall st have px this in...that is why these 2 days it never cheong up alot, even the data was good.. we better be wary...be alert...since it cannot soar on good news, anything just a little bad , BBB will sell down big.....time to be alert guy...stay alert... |
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Peg_li
Master |
26-Aug-2009 22:29
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Dow fly like a rocket! Congratulations to all those who stay in market! |
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smartrader
Elite |
26-Aug-2009 22:20
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Financial stock correction.. good to buy citi etc.. | ||||
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