American Express earnings tonight. Don't be too happy yet, those who bought this morning should have sold before close.
Big Ben speaking at 10:00 am EST.
Stock market V16, Greed when people fear!
|
|
 Oct 20 2008, 05:21 PM
|
 
Senior Member
4,030 posts Joined: Apr 2008  
|
|
Quote|
|
|
|
|
Oct 20 2008, 05:28 PM
|
Junior Member
467 posts Joined: Apr 2008
|
Our finance minister annouced that RM5 billion to save the under valued stocks ? Any more news about this ?
|
|
|
Oct 20 2008, 05:29 PM
|
 
Staff
25,802 posts Joined: Jan 2003 From: Penang
|
QUOTE(AdamG1981 @ Oct 20 2008, 05:21 PM) American Express earnings tonight. Don't be too happy yet, those who bought this morning should have sold before close. Locally, the market is somehow detach from US market already, as locally as its own theme of play/problem for short term.Big Ben speaking at 10:00 am EST.  |
|
|
Oct 20 2008, 05:31 PM
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
woot --- 888 to 909.
Rebounded - half demoralized by Deputy Najis but support by Regional bourses. Our )(*#(& KLSE up by 0.47%, even penny market like Jakarta up 1.97%, STI +3% |
|
|
Oct 20 2008, 06:33 PM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
QUOTE(cherroy @ Oct 20 2008, 02:29 AM) Locally, the market is somehow detach from US market already, as locally as its own theme of play/problem for short term. Not true completely, if Ben speaks of long painful recession fears, with no ends in housing problems, DJIA will decline along with oil and other commodities. This will directly affect KLCI. |
|
|
Oct 20 2008, 06:40 PM
|
Senior Member
1,523 posts Joined: Dec 2007 From: Puchong... 
|
1st maybank, last week PBB this week AMMB we can see these banks drop without reason...seeing like something come behind.. |
|
|
|
|
|
Oct 20 2008, 06:58 PM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
QUOTE(hanif444 @ Oct 20 2008, 03:40 AM) 1st maybank, It's a confidence issue. Investors are just selling finance stocks due to the current financial turmoil.last week PBB this week AMMB we can see these banks drop without reason...seeing like something come behind.. Added on October 20, 2008, 7:00 pmMerrill CEO Says Crunch is Easing but Pain Ahead http://www.cnbc.com/id/27275586 This post has been edited by AdamG1981: Oct 20 2008, 07:00 PM |
|
|
Oct 20 2008, 09:29 PM
|
|
Junior Member
467 posts Joined: Apr 2008
|
Any idea about Valuecap ? Government owned ? Which corp to save ?
|
|
|
Oct 20 2008, 09:53 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
Dow Jones Industrial Average (^DJI) At 9:51: 9,001.08 Up 148.86 (1.68%)
|
|
|
Oct 20 2008, 11:13 PM
|
|
Senior Member
3,944 posts Joined: Jul 2008
|
QUOTE(rayloo @ Oct 20 2008, 10:29 PM) Any idea about Valuecap ? Government owned ? Which corp to save ? By the time you know and enter will be too late already lor  Only the insider know nia |
|
|
Oct 20 2008, 11:17 PM
|
|
Junior Member
467 posts Joined: Apr 2008
|
QUOTE(darkknight81) By the time you know and enter will be too late already lor Only the insider know nia  BTW, US Nasdaq starts to see blood.  ...This post has been edited by rayloo: Oct 20 2008, 11:18 PM |
|
|
Oct 20 2008, 11:40 PM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(rayloo @ Oct 20 2008, 11:17 PM) QUOTE(darkknight81) By the time you know and enter will be too late already lor Only the insider know nia BTW, US Nasdaq starts to see blood. ... |
|
|
Oct 21 2008, 02:11 AM
|
All Stars
10,125 posts Joined: Aug 2007
|
QUOTE(rayloo @ Oct 20 2008, 11:17 PM) QUOTE(darkknight81) By the time you know and enter will be too late already lor Only the insider know nia BTW, US Nasdaq starts to see blood. ...Confidence has returned. Tech stocks to lead again.  This post has been edited by danmooncake: Oct 21 2008, 02:11 AM |
|
|
|
|
|
Oct 21 2008, 06:58 AM
|
|
All Stars
52,874 posts Joined: Jan 2003
|
Greeny day for US:
DJIA: 9,265.43 +413.21 +4.67% NASDAQ: 1,770.03 +58.74 +3.43% S&P 500: 985.40 +44.85 +4.77% |
|
|
Oct 21 2008, 07:07 AM
|
|
Junior Member
467 posts Joined: Apr 2008
|
 |
|
|
Oct 21 2008, 07:40 AM
|
Senior Member
1,120 posts Joined: Jul 2006
|
QUOTE(rayloo @ Oct 21 2008, 07:07 AM) American Express beat estimations Good time to unload some under performance warrants & shares. |
|
|
Oct 21 2008, 07:50 AM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
SELL on relief rallies.
|
|
|
Oct 21 2008, 08:33 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
QUOTE(AdamG1981 @ Oct 21 2008, 07:50 AM) SELL on relief rallies. aye to that. the worst is not yet over.. its just started, rite? |
|
|
Oct 21 2008, 08:36 AM
|
|
Senior Member
4,030 posts Joined: Apr 2008
|
QUOTE(zamans98 @ Oct 20 2008, 05:33 PM) aye to that. the worst is not yet over.. its just started, rite? Yes, today's the settlement of WaMu's default swaps. Texas Instruments missed estimates and cut outlook. American Express cuts its clients credit limit and increase loss provision and estimate more deliquencies to come. Don't let this bull trap bite you! |
|
|
Oct 21 2008, 08:43 AM
|
|
Senior Member
8,510 posts Joined: Dec 2004 From: KayEL
|
KPS
KHSB SCOMI JAKS TEBRAU EQUINE DBHD PERWAJA DRBHCOM Those being the popular + cheap GLC counters |
|
Topic ClosedOptions
|
| Change to: |  0.0288sec
 1.77
 6 queries
 GZIP Disabled
Time is now: 24th December 2025 - 03:14 PM |
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Powered by Invision Power Board © 2025 IPS, Inc.