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Stock market V17, Aftermath of Oct depression
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SKY 1809
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 Nov 7 2008, 07:37 PM
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QUOTE(htt @ Nov 7 2008, 07:29 PM) I was not looking at IOI previously, my favorite plantation stocks are Asiatics & HS Plant  A bit lazy to look for last quarter's result and just post some general remarks (since sky caught some, for his info only, and other forumers as well) But I think they are moving in the right direction to trim their debt, also their cash generating power remain strong, think current year will be all right for them in the very least, long term prospect remain intact as the price had been beaten down a lot, good long term play  Fed is likely to cut rate to 0.5% ( next meeting ) due to poor job data. Monday could be a good day for our market. P/s : i like beaten down stocks. This post has been edited by SKY 1809: Nov 7 2008, 07:39 PM |
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SUSDavid83
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Nov 7 2008, 07:43 PM
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DJIA future looks green:
8,823.00 +123.00
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alivecmh
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Nov 7 2008, 09:33 PM
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Non-Farm Employment Change and unemployment miss the analyst expectation.. don't know dJIA will react on it.
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ivanchin99
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Nov 7 2008, 09:41 PM
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U.S. Non-Farm Payrolls fell 240K in October following a 284K decline in Septemeber, which totals to more than half of million of job losses over the last two months.
meaning DJIA will drop?
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alivecmh
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Nov 7 2008, 09:47 PM
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turning red soon  |
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danmooncake
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Nov 7 2008, 09:59 PM
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QUOTE(alivecmh @ Nov 7 2008, 09:47 PM) turning red soon Nonsense! This is buying opportunity! Now get over there and start buying!!!!
Added on November 7, 2008, 10:00 pmQUOTE(SKY 1809 @ Nov 7 2008, 07:37 PM) Fed is likely to cut rate to 0.5% ( next meeting ) due to poor job data. Monday could be a good day for our market. P/s : i like beaten down stocks. No they won't. It is up to OTHER central banks.. around the world.. like Euro and China. This post has been edited by danmooncake: Nov 7 2008, 10:01 PM |
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espree
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Nov 7 2008, 10:01 PM
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Hello all.. Can anyone enlighten me on what's the difference of a MESDAQ and normal stock other than the fact that its a technology stock?
Thank you.
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danmooncake
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Nov 7 2008, 10:02 PM
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QUOTE(espree @ Nov 7 2008, 10:01 PM) Hello all.. Can anyone enlighten me on what's the difference of a MESDAQ and normal stock other than the fact that its a technology stock? Thank you. Simple..MESDAQ is a copycat of NASDAQ in the US. Secondary market.. more like tech. This post has been edited by danmooncake: Nov 7 2008, 10:02 PM |
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espree
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Nov 7 2008, 10:05 PM
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QUOTE(danmooncake @ Nov 7 2008, 10:02 PM) Simple..MESDAQ is a copycat of NASDAQ in the US. Secondary market.. more like tech. Ok.. so r they considered like blue chip stock or second board? how stable r those MESDAQ stock? |
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alivecmh
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Nov 7 2008, 10:06 PM
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yes, finally it turn red !! another few market data is coming out soon, general motor will also announce quarter result, expecting market to sink another 400+
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SUSDavid83
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Nov 7 2008, 10:09 PM
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QUOTE(alivecmh @ Nov 7 2008, 10:06 PM) yes, finally it turn red !! another few market data is coming out soon, general motor will also announce quarter result, expecting market to sink another 400+ I thought the results was out: Ford Announces $129M 3Q Loss, Burns $7.7B in Cash (http://biz.yahoo.com/ap/081107/earns_ford.html) |
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alivecmh
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Nov 7 2008, 10:11 PM
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Ford has announced but not General Motor
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SUSDavid83
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Nov 7 2008, 10:12 PM
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QUOTE(alivecmh @ Nov 7 2008, 10:11 PM) Ford has announced but not General Motor Opps ... sorry. I was confused.  How come Bloomberg future quote still green: 8,751.00 +51.00? |
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alivecmh
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Nov 7 2008, 10:13 PM
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danmooncake
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Nov 7 2008, 10:13 PM
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QUOTE(alivecmh @ Nov 7 2008, 10:06 PM) yes, finally it turn red !! another few market data is coming out soon, general motor will also announce quarter result, expecting market to sink another 400+ Again nonsense! Futures aren't that bad away from the fair value. Now.. get ready to BUY in 15 mins!!!  |
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SUSDavid83
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Nov 7 2008, 10:14 PM
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Nevermind it's RED already:
8,668.00 -32.00
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alivecmh
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Nov 7 2008, 10:14 PM
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buy and get your hand burn badly later.
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SUSDavid83
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Nov 7 2008, 10:15 PM
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European markets are entering RED zone now.
Jobless Rate Soars to 14-year High of 6.5 Percent (http://biz.yahoo.com/ap/081107/economy.html)
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danmooncake
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Nov 7 2008, 10:16 PM
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QUOTE(alivecmh @ Nov 7 2008, 10:14 PM) buy and get your hand burn badly later. What u talking about.. plenty of chances to make money here.. downward turns... SHORT lah! |
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alivecmh
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Nov 7 2008, 10:17 PM
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short should make money, what i mean if u buy stock, then ur hand probably get burn
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