Third people to report in..

quiet for sometimes, suddenly today so many people..

DOW still got little support.. but from what I observe, today is -200 type one..

-200 points is on-going..

Don't worry, good job result will also dump the market..

there are other news like china and europe..

But I do see the immediate support point at 9.7k..

We need to break this tonight or we have to bounce a little back..

I am holding long term short..

I will see the dip tonight because this big news cannot drive the market up..

somemore, people do not know which number to look at, so I will hold on short..

Enjoy today ride..

seems like DOW is trying very hard to break 9.7k..

All in for short here.. brazil lose the ball..

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Added on July 3, 2010, 12:42 amquiet there?

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Added on July 3, 2010, 12:43 amit is going below 9.6k tonight..

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Added on July 3, 2010, 9:02 amjust dip like 40 points at the end.

now 9686.48.

US is enjoying the independent day, then people will forget about the market and go for shopping and travelling.

This week China has led the dip by it HangSeng, ShangZheng and ShenZhen in a few consequtive days. Europe bank stress test will be on next week.. US has no market on Monday, so anything happens will be reflected only on Tuesday night.

On the other hand, California state governor Arnold has ordered to pay only minimum wages to the government staffs since they cannot balance the financial situation.

So, for next week, there will be push and pull by bull and bear. Bear will still have bigger chance to win.

Remember, theoretically the market now is already -15% from the top. Then people said it is entering into bear which will dip another 20-30%, overall.

What is your outlook for next week?

This post has been edited by epalbee3: Jul 3 2010, 09:02 AM

50% means 5500 points.. wow.. too much.

don't worry, it won't go there straight; if it goes, we always have some chance to sell into pop.. I guess next week DOW has the potential to go to 9.2k. But be careful, last two days we have small dips.

If the real dip ever come, it will not be a few tens points; usually 200-400 points. watch out and plan properly what you think it should be: bear or bull, once it moves, no chance to invert it..

I am still full in bear.

In fact, what I worry is the fundamental US economy, you all know what is the situation, can't really find a good news except pres. obama said to build the broadband for rural areas.

Then, judge yourselves, market is unpredictable, but please play protectively..

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Added on July 4, 2010, 1:17 ambut DOW needs 9k points to reach 20% dip from its top..

will this be achieved next week?

This post has been edited by epalbee3: Jul 4 2010, 01:17 AM

let's wait for it.. tomorrow is US independent day, so no market.. but we can know what happens through Asean market.. if both are down, we will se a big dip..

seeing today's market.. i think tomorrow will still be a dip for US market..

stay tuned..

mixed day.. waiting for US market to join, other markets can make no directions.

Tomorrow US market may see below 9.5k..
Futures is now negative..

Depends on the market sentimental now..

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Added on July 5, 2010, 10:16 pmAnyway, what happen today still have to combine with tomorrow's market to influence US market.

If CI tomorrow raises above 1300, I will short the future and hold a few weeks..

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Added on July 6, 2010, 5:44 pmSeems like my stocks and futures will doom today.

If talking about how doom, it depends how long the "valuation" lies will remain until they have to uncover it..

Most probably will hibernate for tonight and stand for the winter..

enjoy the bull tonight..

This post has been edited by epalbee3: Jul 6 2010, 05:44 PM

how is the stress test?

semiconductor is an area which has cycles..

one cycle good and one cycle bad, you must be able to see these cycles to win..

the market share for semicon is only for big company, except those generating SOC.

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Added on July 6, 2010, 10:43 pmI really feel that this is a news purposely created to raise the market..

nothing concrete has even happened.. it is made news..

This post has been edited by epalbee3: Jul 6 2010, 10:43 PM

Then we shall see 8000 soon..

If today DOW turns red, tomorrow will be a big big dip..

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Added on July 7, 2010, 12:50 ami have feeling that today DOW is going to red..

we may see big big dip tomorrow in Asia..

This post has been edited by epalbee3: Jul 7 2010, 12:50 AM

zaman, i think this is a purposely made news.

ask a analyst to write a good report, then the momo come in and bring up the price.

nothing concrete, no data.

In fact, DOW had once become -50 last night. Now close 50..

it is the same, just the time matter..

after the dip, there will be bottom, then is time for us to long..

there will be, may be months or years later..

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Added on July 7, 2010, 5:16 pmok, tonight is dip.. hope to see < 9.6k..

This post has been edited by epalbee3: Jul 7 2010, 05:17 PM

unexpected gain, so i better stay hibernated. enjoy your bull..

when is stress test result out?

we never know, but market will tend to move the way opposite to majority people view. if more people are bullish, then it is bearish. Vice-vesa.

Anyway, i will probably hibernate until the market goes bear.. enjoy your bull at this time..