TuaPekGong... :)...
Hahaha... that's the way of life... so much speculation of this and that...
They should make life simple by just looking at the charts for clues...
yesterday rally was amazing low for DOW. watch out for a dip tomolo. i think it will raise than fall.
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Big rally on Wall Street. Not so Big rally on STI.
STI will cheong today!!! Dow had a big rally last night - up 180 points!!
Big rally on Wall Street
Major indexes jump after two tough sessions as investors scoop up a variety of shares; rate-cut bets remain in place.
By Alexandra Twin, CNNMoney.com senior writer
September 11 2007: 5:57 PM EDT
NEW YORK (CNNMoney.com) -- Stocks rallied Tuesday, as investors stepped back in after two tough sessions marked by worries about the economy and interest rate policy ahead of next week's big Fed meeting.
The Dow Jones industrial average (up 180.54 to 13,308.39, Charts) added 180 points, or about 1.4 percent. The broader S&P 500 (up 19.79 to 1,471.49, Charts) index gained 1.4 percent and the tech-fueled Nasdaq composite (up 38.36 to 2,597.47, Charts) rose 1.5 percent.
hopefully benny's speech wont be like viagra.....temp up then down again....
haiz...1 moment its green spanner...next moment is osama...then bennyspeech....1 moment investors sell down cos subprime pro not solve...next moment sentiments up....1 moment rumours abt 911....next moment ppl waiting for 918....1 moment shanghai crash...next moment say sg too far wont be affected....1 day dow up,next day down...3days rain,2day sunny....life.....
Only if Benny sticks to his script when he deliver his speech at 11.00AM EST in Berlin. :)
STI is going green tomorro 12-89-2007.
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CITIGROUP - belly interesting article in BT
Funds flowing into the Asian region in the past two weeks have surpassed redemptions in late July and August period, when equity markets suffered sharp losses on concerns of a global credit crunch, according to a Citigroup report yesterday.
Que sera, sera
Whatever will be, will be
The future's not ours to see
Que sera sera
What will be will be
Today is a good day,
If China market crisis tomorow, STI will be steady ->> Very important result today for STI
Next week, if first rate cut in, the recovery will be kick started
The mkt is getting better by the day
The market seems to be on the recovery track...
FED official now debating how much rate to cut and not whether to cut
See google business news
Next week - if first cut goes in, the light will be brighter *********
watever the case, the world market still need to brave another massive sell down b4 it can go up or cont'ing the slide.
Mkt closed for the day...
| City | Index | Last | Change | ||||
| Bangkok | SET |
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| Hong Kong | HSI |
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| Jakarta | JSE C |
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| KL | KLSE C |
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| Manila | PSE |
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| Mumbai | Sensex |
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| Seoul | KSE C |
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| Shanghai | S'ghai C |
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| Singapore | STI |
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| Sydney | All Ord |
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| Taipei | Taiwan |
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| Tokyo | Nikkei |
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| W'lington | NZSX-50 |
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If you read today's newspapers, especially TODAY front page, "Say goodbye to the goblin.... The other view is the Sub-prime spook is exaggerated, could be vanished by Halloween."
And according to another quote in the same article from the CEO of Fisher Investment..."The fact is, if every sub-prime mortgage that could possibly default defaulted, the most it could do is slow down US gross domestic product some."
So whoever said these words, are they "Dark Angels" misleading people to misfortunes or are they "Messengers of Light" that brighten the path ahead?
One thing is for sure - Life is a cycle. There will be rainbows after the rain. There will be light after darkness and darkness after light. We have to make and face judgements every day, until our time comes to depart.
Ha ! Ha ! Ha !
I told your fellas
Those who panic sell will regret deeply
They lost
I see twin towers. Each representing China and US.
Imagine if these 2 economies were to bow to subprime and inflation respectively.
Quite negative scenario.
Imagine if these 2 economies were to bow to subprime and inflation respectively.
Quite negative scenario.
All are given eyes to see, but also hands to cover their eyes should they not want to see what they should see... heheh.
Very interesting STI movements today. Before the post-market operations after 5.00pm, STI was at 3489.76.
Once the mkt ops were done, STI closed at 3494.57.
2 key resistances...
lausk22,
Dark Angel to those who do not want to see.
Angel of Light to those who are open to differing opnions.