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DOW
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idesa168
Elite |
30-Apr-2008 23:30
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Let's have some fun here... My guess: 13,200 (+360pts)
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idesa168
Elite |
30-Apr-2008 23:27
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I am surprise Uncle Dow cheong before the announcement of FOMC meeting on interest rate cut. Now DOW is +119pt. If mkt positive on the FOMC result, maybe we can see +400pts tonight. If not -200pts... | ||||||
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singaporegal
Supreme |
30-Apr-2008 23:05
Yells: "Female TA nut" |
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Dow is up 90+ points tonight. Panic stage is over. Now the Fed has to deal with inflation issues and high oil prices. |
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yongliang168
Member |
30-Apr-2008 22:45
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12,950 these 2 days will go up up up!!! |
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viruz7667
Senior |
30-Apr-2008 22:36
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let us make a guess DOW later close at? | ||||||
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lookcc
Master |
30-Apr-2008 22:33
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my guess is dow wud start bleeding starting 1st May...2morrow night. | ||||||
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jasonrxz
Senior |
30-Apr-2008 22:22
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very high possibility that the index will shoot more than a percent after 0215 local time if the .25 cut becomes reality..... but if FED holds the rate at 2.25.... there will be a super round of sell down but lucky we are close for labour day tomolo.... hahaha So let's hope the thursday will cover the percent loss if FED hold rate and hope that tomolo night DOW CLOSE even greener if there's a .25 cut. HUAT AR 
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lookcc
Master |
30-Apr-2008 22:17
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business barometer index level 48.3 up from 48.2 n better than consensus of 47.5.....fed expected 2 cut rate by 25bps....so dow shud go up ...oil shud also go up...my guess dow close two digit gain. | ||||||
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idesa168
Elite |
30-Apr-2008 22:13
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I think the mkt right now will be muted until the result of the FOMC meeting...see if the banana king cuts interest rate | ||||||
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viruz7667
Senior |
30-Apr-2008 21:41
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April 30, 2008, 8.44 pm (Singapore time)  US Q1 employment costs, wages rise
WASHINGTON - US employment costs rose 0.7 per cent, less than expected, in the first quarter, after wages and benefits inched ahead, government data on Wednesday showed. Analysts polled by Reuters had anticipated the Labour Department's Employment Cost Index - a broad measure of what employers pay in wages, salaries and benefits - would increase 0.8 per cent on a seasonally-adjusted basis during the January-March period. The rise was less than the 0.8 per cent gains in the two previous quarters, as well. Benefit costs were 0.6 per cent higher, after rising 0.8 per cent last quarter. Wages and salaries increased 0.8 per cent, following 0.8 per cent increases in the three prior quarters. In the year to March, employment costs rose 3.3 per cent, the same annual increase they experienced over the 12 months to December. -- REUTERS |
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lookcc
Master |
30-Apr-2008 21:05
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at et 9.45p.m. if business barometer index level is below 47.50 (if 45 or less), then dow wud likely close negatv 2morrow morning. | ||||||
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idesa168
Elite |
30-Apr-2008 21:01
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I dun mind if it crash. At least we all know after the crash there will be rises from the dead. But if it goes down bit by bit and day by day, I think that kinda death is worst than hell, for we will be guessing where is the bottom! | ||||||
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viruz7667
Senior |
30-Apr-2008 20:59
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If expected from the unexpected....DOW should close green 2 9...hehe | ||||||
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gondola18
Member |
30-Apr-2008 20:55
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Let it crash | ||||||
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idesa168
Elite |
30-Apr-2008 20:53
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U.S. Economy Grew at 0.6% Pace in First Quarter on Inventories.....is this a piece of good news that is gonna push Uncle DOW higher tonight?...if not, how about another piece of news from GM: GM Posts Loss, Beats Estimates on Overseas Growth - this news made GM gained 2.5% in early trade. | ||||||
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evercare
Member |
30-Apr-2008 16:29
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agreed with cyjjerry85, gdp better be good, else another round of bloodshed...  also on friday night.
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cyjjerry85
Elite |
30-Apr-2008 16:23
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jux dun drop any bombshell tonight can already...haha` but personally hope dun cut any rates further as inflation really super jialat now leh...and the oil bubble....see the petrol keep going up..i no longer can drive in peace...
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ericsim
Senior |
30-Apr-2008 15:54
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GDP should be equal or better otherwise all the cutting & pumping $$$ effort will be wasted. hopefully another 25bp rate cut will be final to curb inflation,oil etc......just my 2cents...good luck
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cyjjerry85
Elite |
30-Apr-2008 11:54
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tonight will be a deadly combo (be it very good or bad)...at 8.30 there's the GDP release...at 2.15 there's the statement release by the Fed... the ideal situation is to have the GDP better than expected and still in the positive region...hopefully better than previous...& Fed to issue statement no more cuts (or the most jux a quarter cut)...this will bring oil prices down too.. the Fed need to give us a reassurance that the previous rate cuts are already working...all in all - confidence is needed for stocks to surge upwards again |
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lookcc
Master |
30-Apr-2008 00:31
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both wud cause poor sentiments n their inbetween, stagflation wud also cause poor sentiments. | ||||||
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