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 Stock market V17, Aftermath of Oct depression

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alivecmh
post Nov 5 2008, 10:05 AM

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beware of GM quarter result, Unemployment rate and other market indicator from US in these few days, Market is expected to have a u turn very soon. I guess market will start to retreat in the 2nd session.
alivecmh
post Nov 5 2008, 11:31 AM

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http://www.briefing.com/GeneralContent/Inv...spx?PageId=3270 for US company earning report.

http://www.forexfactory.com/calendar.php for US important mkt statistic report.
alivecmh
post Nov 5 2008, 02:03 PM

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run n hide while u still can biggrin.gif
alivecmh
post Nov 5 2008, 03:18 PM

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The sign of U turn is happening now
alivecmh
post Nov 5 2008, 03:22 PM

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No more good news to support the market, the previous 2 days US reports was bad but the election covered all the bad news, but now everything is over. Earning report and statistic report drive the market now. Be prepared
alivecmh
post Nov 6 2008, 07:37 AM

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this is just the beginning of the U turn, more to come these few days biggrin.gif All the market statistic report miss the forecast yesterday. the ADP non-farm employment changed is way below forecast, which hint that the Unemployment Rate on this Friday going to be rocket high.

Be prepared biggrin.gif
alivecmh
post Nov 6 2008, 07:39 AM

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will continue drop til at least next monday. DJ Futures is showing red, drop -100 at the moment.
alivecmh
post Nov 6 2008, 10:14 AM

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ya !. time to contra, but make sure u buy today n sell today

else u gonna hold it
alivecmh
post Nov 6 2008, 10:40 AM

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tonight ? unemployment report only release tomorrow night, no ?
alivecmh
post Nov 6 2008, 10:44 AM

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nop, according to the forexfactory, it is due on friday. which is tomorrow night.

check it out at http://www.forexfactory.com/calendar.php
alivecmh
post Nov 6 2008, 10:46 AM

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I read from internet that GM is in deep trouble, they might declare bankruptcy or merge wif other auto maker, dunno how true izzit. GM will announce their quarter earning on friday night as well. Black friday for US .... haha
alivecmh
post Nov 6 2008, 10:51 AM

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i think tonight djia will continue to drop, ppl busy offloading to prepare for black friday.. so is KLSE
alivecmh
post Nov 6 2008, 11:08 AM

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next week probably will hav rebound :-p not much import news from US
alivecmh
post Nov 6 2008, 10:58 PM

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still early to tell, i guess tomorrow DJIA will drop sharply.
alivecmh
post Nov 7 2008, 07:55 AM

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Shares of General Motors (NYSE:GM - News) slid 13.7 percent to $4.80 as U.S. auto executives were set to meet with a top lawmaker to seek urgent aid to weather the global slowdown.

So tonight is going to be a BLACK FRIDAY for DJIA !!!!!!! So expecting monday morning will have panic selling but after tat would probably recover.
alivecmh
post Nov 7 2008, 07:56 AM

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FYI, GM is going to release earning report tonight.
alivecmh
post Nov 7 2008, 10:52 AM

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I predict DJIA going to react badly, the ADP non farm employment changes has spike from -28k to -150k, this already given a hint that the unemployment rate isn't going to look pretty.

In addition to that, GM will announce their earning report tonight before DJIA open. General Motors Corp. GM (forecast)-3.51

Yesterday GM drop over 13%, biggest mover of the day that drag DJIA down.

This post has been edited by alivecmh: Nov 7 2008, 10:55 AM
alivecmh
post Nov 7 2008, 10:54 AM

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yeah, WE WANT ADAM, rclxms.gif rclxms.gif rclxms.gif
alivecmh
post Nov 7 2008, 10:57 AM

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I think that probably is a trap, djia will turn red after lunch
alivecmh
post Nov 7 2008, 04:11 PM

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i stil believe tonight DJia going to turn red

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