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DOW
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lookcc
Master |
06-Jun-2008 22:12
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very exciting 2morrow morning 5 a.m. | ||||
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cashiertan
Elite |
06-Jun-2008 19:07
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we see how dow close for this week before getting excited. | ||||
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des_khor
Supreme |
06-Jun-2008 16:24
Yells: "Tell me who is the God or MFT from this forum??" |
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x 0 Alert Admin |
Sgx up 4 points only ???
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investor38
Senior |
06-Jun-2008 16:03
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Dow Jones +32, All European Bourses strongly positive, CPO futures strongly positive. Bet STI should close up strongly today. | ||||
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tanglinboy
Elite |
06-Jun-2008 06:56
Yells: "hello!" |
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DOW UP 213 points !!!! Big rally on Wall StreetStocks jump despite oil surge as investors welcome better-than-expected May retail sales, a drop in weekly jobless claims and the Verizon-Alltel merger.NEW YORK (CNNMoney.com) -- Stocks spiked Thursday, with the Dow jumping 214 points, as investors embraced a surprise dip in weekly jobless claims, stronger-than-expected May retail sales and a merger in the telecom sector. The Dow Jones industrial average (INDU) gained 1.7%. The broader Standard & Poor's 500 (SPX) index rose 2% and the Nasdaq composite (COMP) gained about 1.9%. Friday brings the big monthly non-farm payrolls report, due out before the start of trade. Employers are expected to have cut 60,000 from their payrolls in May, after cutting 20,000 in April. The unemployment rate, generated by a separate survey, is expected to have risen to 5.1% from 5.0% in April. Average hourly earnings, the report's inflation component, is expected to have risen 0.2%, after gaining 0.1% in the previous month. The April reading on wholesale inventories is due out after the start of trade Friday. Stocks rose modestly Thursday morning, but picked up the pace as the session wore on, thanks to the mix of economic and company news, and a typical bounce following several down sessions. Bond prices slumped as investors pulled money from the safe-haven investment. Gas prices hit a new high, and oil prices jumped more than $5 to settle just below $128 a barrel. The better-than-expected retail sales results from discounters such as Wal-Mart and Costco fueled Thursday's rally, said Dave Rovelli, managing director of U.S. equity trading at Canaccord Adams. However, he noted that the improved sales were a result of the economic stimulus checks being mailed out, rather than a bigger indication of the health of the consumer. On the upside, "a lot of people thought consumers were going to have to hoard their checks because they have to pay their mortgage and $4 a gallon for gas," Rovelli said. "So I guess there is some reassurance that the consumer isn't dead, at least at the lower end of the retail picture." Stocks were mixed Wednesday on reports that Moody's could lower the credit ratings of bond insurers Ambac and MBIA. But the mood was upbeat enough Thursday that stocks showed little reaction when S&P went ahead and cut its financial strength ratings on the two companies. |
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AK_Francis
Supreme |
06-Jun-2008 02:30
Yells: "Happy go lucky, cheers." |
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ah, green leh, tought red, hoe shei leow. just back fr copi thiam. cheers. | ||||
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cyjjerry85
Elite |
06-Jun-2008 02:03
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x 0
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more than +180~!! continue the spree upwards...dun drop pls...our portfolio very long never see green already..haha` uP! |
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ericsim
Senior |
05-Jun-2008 22:41
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haha...a year ago yes can agree. Since sub-prime crisis no TA/FA able help anymore (unpredictable).Now is the time to test your guts, patience, foresight etc.... DOW currently up >+120 but don't be to happy yet, game is still on, anything could happen, just be ready to expect the unexpected. cross our fingers and good luck
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tanglinboy
Elite |
05-Jun-2008 22:22
Yells: "hello!" |
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x 0
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Dow +114 now! | ||||
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investor38
Senior |
05-Jun-2008 22:07
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I know what you mean. Try to minimise this problem by looking at charts. Of course not always right but I think it thus help to a certain extent.
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strike1147
Member |
05-Jun-2008 22:01
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x 0
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3 days closed red wish tonite close green |
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des_khor
Supreme |
05-Jun-2008 21:43
Yells: "Tell me who is the God or MFT from this forum??" |
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This is always the case --- when we think is low we buy , in the end go down some more ! when we think is time to sell , in the end go up all the way !! hai...... | ||||
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investor38
Senior |
05-Jun-2008 21:39
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A possible strategy: Buy when there are Fears and Sell when there are Cheers. Always a big tussle between Greed and Fear. | ||||
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gnoik14
Member |
05-Jun-2008 21:14
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x 0
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if DOW closed positive 2nite, dunno wan to take positions tml anot... friday lehz.. wat u guys tink? | ||||
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cyjjerry85
Elite |
05-Jun-2008 20:46
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x 0
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wa..very long never see DOW futures so green...its in the 70+ region!
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tanglinboy
Elite |
05-Jun-2008 20:08
Yells: "hello!" |
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x 0
x 0 Alert Admin |
Dow futures +22 |
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sterny
Member |
05-Jun-2008 16:35
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have faith on the DOW tonight. Dow williams percentage is near oversold. Most probably will close positive. All the best! |
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investor38
Senior |
05-Jun-2008 16:33
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European indices all in positive territory and Dow futures +22. STI likely to close in positive territory after past few negative sessions. Shortists will be buying up soon. | ||||
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scotty
Senior |
04-Jun-2008 23:16
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x 0
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+80 now. Oil declining. | ||||
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strike1147
Member |
04-Jun-2008 22:55
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x 0
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NOW DOW + 61 | ||||
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