Dow Jones 10,269.47 +254.75 (2.54%)
S&P 500 1,080.29 +30.96 (2.95%)
Nasdaq 2,176.84 +62.81 (2.97%)

One of the best performance of S&P in many months.

Crazy man.. absolutely crazy..

I feel that tonight we will get a big dip.. look at the oil price..

The bull is not supported fundamentally.. thus momo's bullet can finish soon..

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Added on September 2, 2010, 8:12 amzaman, how come u also can stay this late?

This post has been edited by epalbee3: Sep 2 2010, 08:12 AM

Oil hasn't follow up yet because of the bearish inventory level, more than 3.4 million barrel of oil build up since last week.

But, Oil isn't tanking either - 73.50 to $74 is ok. Once Oil gets over $75, the bulls want to take it to $80 but Dow better be higher than 10700 by then.

Let see how initial claims come out later tonight.

With housing and auto dropping more than 20%, I guess the fundamental is not there. Thus it is purely cooked by the big boss.
Whether it will be higher than 10.7k or not depends on big boss and the ikan billis who swim along with them.
It is also hard to fall below 10k as the big momo will support it and ben might say something when it does happen..

Fasting month. Sometimes stays awake up to 6am, sleep for 1 hour, to work at 8+ and back 4+. Hehehe.
C and S almost near to my entry price, target to sell partially before FRIDAY.

How is your US stocks trading? Earn big bucks? I also start trade in US stocks. Which broker you are using? And how you wire the money over there?

Initial claims came in at 472k, slightly higher than consensus 470k but down from prior revised week of 478k.
Bulls will pause tonight before the big number tomorrow.

But, look at PAR. Got another 5% boost with $33 bid from HPQ!
Damn HPQ! I'll sell this piece of crap soon.

This post has been edited by danmooncake: Sep 2 2010, 09:32 PM

As for me.. it should be dip.. some kind of corrections for yesternight rally..

BULL on the way.........

Yup and both DOW/S&P need to stay above MA50 and maybe gyrate to/fro MA100
C already 3.86 bugger didn't even reach 3.61
HPQ not giving up fight with DELL on PAR
maybe they should just buy EMC

EMC worth 20 times more than lousy PAR, HPQ can't afford.

HPQ just burning away last quarter earnings trying to buy this (PAR) piece of crap company .

Stupid HPQ board, forget PAR-lah!
Go hire a CEO to turn this company around, your shareholders will be much happier!

This post has been edited by danmooncake: Sep 2 2010, 10:37 PM

aye, agreed. After the scandal, HPQ on downtrend. Best way forward is to rebuild the company. Let's DELL suffer for long term. There's other area to take care rather than spending billions in stupid company.

Disclaimer : I hold 250shares of HPQ at 41.75

Exactly but HPQ really suffers from complete solution to compete
C running away 3.92 fuyoh go go go I wait for you at 5.00
Look like gonna be a mixed day at the market place today

I'm new to US stock trading, may i know how can i trade US stock and which banks or securities provide US stock market platform?

lzk - most of us here use the US brokers directly instead of going through local broker to avoid the arm and leg fees.

Check out the following popular ones:
TD Ameritrade
MB Trading
FirstTrade
Scott Trade
Just2Trade
Interactive Brokers
Option Express

Always look for SIPC insured brokers.

Before you can start trading, the process to open an account with the proper documentation verification, money transferred, etc..may take about 1-2 weeks.

Some of those brokers have virtual trading tools that you can test out by just opening an account so that you can have test out their tools ahead of time.

So, feel free just check 'em out and let us know what your thoughts on them.

This post has been edited by danmooncake: Sep 3 2010, 12:30 AM

Use Direct trading, you control

Broker : Just2trade.com
Fee : USD2.50 (Two dollars and cts fifty only0

If your account below USD5,000 - u just get web-based trade platform, which is not too bad. Rate 6/10

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Added on September 3, 2010, 12:44 amFor those who want to get a reasonable broker - here are screenshot of Just2trade.com

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Added on September 3, 2010, 6:06 amwoot, 4am onwards - the bull re-fuel and re-charged.


Dow Jones 10,320.10 +50.63 (0.49%)
S&P 500 1,090.10 +9.81 (0.91%)
Nasdaq 2,200.01 +23.17 (1.06%)

This post has been edited by zamans98: Sep 3 2010, 06:06 AM

Wow! The bulls still moving ahead, though slower pace now than yesterday.

I'm outta my SPXU since yesterday.. total failure for bears to hold the 1080 line.
Next bear assault will likely be 1100-1105 if employment situation is within expectation tomorrow.

Looking at my long portfolio - AAPL and TCK, all looking pretty again.
Oh HPQ.. I guess I'll give it a few more days. Hopefully, it will get back to the 40s.
Dell has completely given up the fight with them for owning PAR.

This post has been edited by danmooncake: Sep 3 2010, 06:37 AM

I think it is momo's way to trap bear..

the only thing that u can do is to wait..

The bull stayed the day ahead of non-farm data
C ended 3.88 whao nice number "new fatt fatt" hahaha
BKC wow closed +25% being offer $24.00 by little know private equity firm from Brazil