US futures very green indeed..

Oil also up > US72

Looks like General Bear is sounding the retreat drum today, but I believe he will be back with more rage and terror...
Meanwhile, General Bull's stampede seems unstoppable.. crushing any bears on his path... even unborn (futures) cubs are not spared..

U.S. Job Cuts Slowed, Unemployment Rate Fell as Recession Eased
http://www.bloomberg.com/apps/news?pid=206...id=am2AmQwl3XfE
EU turned 180 from red to green, same goes with DJ Future...

How will General Monkey react on Monday morning ? Is he siding Gen. Bull or Gen. Bear ?

p/s sorry if u find this annoying ...

This post has been edited by mopster: Aug 7 2009, 08:58 PM

They got 15 million unemployed and Wall Street is celebrating.
The hang over will come in later.

Pace of Job Cuts Slow as Payrolls Fall Less than Forecast
http://www.cnbc.com/id/32327811

Obama: May Be Seeing Beginning of Recession's End
http://www.reuters.com/article/marketsNews...636171320090806

This post has been edited by espree: Aug 7 2009, 09:10 PM

aig later sure fly... too bad just sold it last week
http://www.cnbc.com/id/32327801

This post has been edited by .:BreT:.: Aug 7 2009, 09:10 PM

In situation like this, Obama might have to provide more free beer .

Meanwhile, just let Dow to move ahead.

Stock Market is a good place to create Wealth ( or lose your money ).

This post has been edited by SKY 1809: Aug 8 2009, 09:15 AM

"Unemployment fell by 267,000 to 14.5 million. The labor force declined by 422,000, which means the jobless rate fell because people dropped out of the work force, not because they got jobs. Employment in the household survey fell by 155,000."

http://www.marketwatch.com/story/job-losse...july-2009-08-07

Amazing isn't it? How Wall St is rallying because people dropped out of work.

Maybe we should consider an alternative reason why Dow should be bullish.


AIG reports $1.82B profit for quarter, its first since 2007; says it sees some stability

This post has been edited by SKY 1809: Aug 7 2009, 09:38 PM

Why do we have to be so pessimist? Maybe we were all wrong. The recession could had started 2 years back, and now it is halfway to recovery
Not to say I'm bearish or bullish.

BULLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL

i m sure nobody will said recession again once dj reach the trogest resistance 10,000. could we review back the feng shui chat again.

When everyone is bullish, then I think can cash out oredi

This is a false dawn, a suckers's rally, a dead-cat bounce, a bull-trap....
Call it what you want - but we are still ALL DOOMED....DOOMED.....DOOMED

I still think that the more ppl thinking of major correction, it will not happen. When everyone start jumping in, then that is when the market will start crashing. Those late comers will have to

That's the problem...this market is being fuelled by massive liquidity flowing in and NOT by fundamentals. It's a classic bubble formation. The only question that remains is WHEN to cash out and take the money off the table....

If it lasts till October - I'll be very surprised. But, hey, what do I know??

Definitely AGREE! This rally is a BIG HUGE BULL TRAP!

Those idiots will lose their money. Just you wait. Come next month, they'll realize... huh..
where are those consumers? Oh...btw they're all layoff, no jobs..no money to buy anything.

BAM! Down we go.

I will definitely cash out when I see more people buying stocks. As of now, everyone still licking the wounds suffered last yr, except of course....all of us

Haven't you already noticed it happening on here?? A lot of fresh posters the last week or two and a lot of the "old hands" lying low..?

How do you know they dun have money? Maybe they are gambling in DJIA, that is why on and off, we see profit taking...etc

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Added on August 7, 2009, 11:29 pmStill not full yet. The boat still have limited space before starting to sink. So, try lure more ppl to play stocks

This post has been edited by jasontoh: Aug 7 2009, 11:29 PM

It's a sad fact of life that 99% of people of working age need a JOB to be economically active.
Of course, most of us on here don't let work get in the way of making money!

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Added on August 7, 2009, 11:31 pmOf course

This post has been edited by David_Brent: Aug 7 2009, 11:31 PM