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64101-64120 of 69565
Based on past reaction end of last year and early this year, any rate cut would give a very brief rally. I doubt that the Fed would cut a little bit further.
Hopefully whatever the US president plan would help with the market drastically.
Otherwise......... I really got no idea what is going to happen to the market.
Mkt closing in 20 mins, down 2 points so far, fuures -6. So flat ...
Wonder what will the fed do, and how will investors react ....
50 50 bet now
Hope it will close green today for a better tommorrow.
Tell me about it...
BBs are trying to force as many weak hands out as possible to "paint" their portfolio nice & green again.
You short they push the prices up, you buy they short the market heavily.
Bull trap in the making.
index steady, is good news as well :)
From a 56.70 opening dropping to <30.0 at lunch break...looks like a downtrend to me.. Futures are mostly red as well..
ST closed 26.18 pt higher. Needs to go for lunch and back later, see got beer's money or not. Cheers.
| Tuesday | Monday | ||||
| ST Index | 3,056.28 | +15.22 | 3,041.06 | -118.42 | |
| Volume | 684.5M | 1,353.3M | |||
| Value | $656.4M | $1,641.6M | |||
| Gainers / Losers | 320 / 239 | 190 / 593 | |||
With both Mr Bear & Mr Bull currently out of the scene, Mr Market shall take over! All should know how to response to his demand by now. All the best...Cheers!
What a boring market. No movement and low volumes.
Cyjjerry85, u sure know something that many did not know, fully agree with you. A BIG CUT will do the job.
on a personal note...this subprime problem...much had been known and blown...seems like it might settle down quite some time soon...the US employment rates and such are just figures we are waiting for...as for the Fed cut...the news will become stale after announcing on Wed...but definitely a boost if there is one that is above expectation...don't just give minimal cuts man...
Unfortunately Mr Bull also took leave to visit Mr Bear. Something fishy's going on... hehe.
Take a look at the intraday STI. Downslope so far. Not so sure if there will be any rebound.
Hey! I think Mr Bear is still hospitalise at the moment under "intensive care" by market specialist from the US FR-CB WW? How can it create havoc right now?
It is really about who knows what and when.
Subprime is over. What u hear are all propaganda. The US one day down, one day up is testimony to my assessment that all is due to propaganists (in particular the CNBC economists, they are better than Hollywood actors ) at work. Asia is going to decouple from US soon. Be patient.
Up 55 points on open
Hard to say whether how much oil price might ease.
If Sam goes into recession, the demand for oil likely to be lower than before. But then, the balance dollar will go into somewhere else, eg food, & thus drive other products' prices higher. Then inflation rate for that particular sector goes up.
Oil price drop below US$45? It might be a long wait.