I think we should still be cautiously optimistic..
This may be a beginning of a bottoming process. but not ready for that definite call yet.
Wait till next month (April) when banks are going to report their earnings.

Definitely, shorts covering at work tonight... but I'll take that as positive sign.

Good to see that. Not sure if KLSE will follow tomorrow.

DJ dun stop..keep going...back to 7000 points..hehe

Not to bring any gloom and doom but just to put things in perspective......

Hope that with all the stimulus packages, it will not be like what happened previously....

This post has been edited by kmarc: Mar 10 2009, 10:23 PM


Attached thumbnail(s)

thats one heck of a scary pic u got there, we r barely even half way through the whole drama!

Still Long way To go. Sit Tight ..........

Bottoming? I think its just the beginning. If they really earn money, why are they still needing money from Federal Reserve. Obviously they are getting money for free and therefore earning.

Citibank also have quite a big accounts for credit card. Wait for that to burst out as well. Earning 2.2b eh, lets see...

can anyone provide me links to watch the DJ real time chart ? lolz.. sort of exciting hearing that .. rising non stop .. haha.. please anybody ..

---

Added on March 10, 2009, 10:37 pmAccording to the news , just because of the citigroup reported earnings and the whole DJ is affected that much .. ? very curious

This post has been edited by lsmpro80: Mar 10 2009, 10:37 PM

Most likely will similar to last year Oct

last year oct ? what's the case ? cause i miss that ..

Like roller coaster, up/down drastically even within a day.

HAHA... That is AWESOME and EXCITING !!!... Let's ROCK

Yeah, no indicators as yet to suggest that any economy is recovering.

If you look at the charts, a small rally is followed by a lower drop!

WOW!! Global DoW is really making a Capital U Turn @@

Ppl will always think we hit the bottom, when small rally coming and when the market crash lower, it will trigger fear

citigroup is climbing fast from every 10 minutes.. starting from US 1.0

Nope. last purchased was at 0.76 very little units only.
I didn't chk Jupiter research on Zelan last week..3/3/08.theres a Sell Call on Zelan but i miss it..
My remiser have told me Zelan support price is around 0.80.. and minimum is 0.55-0.58 which is close to IJM shares value...

Jupiter sell call on 3/3/09
"Chart wise : ……downside breakout……..
Zelan had on 2/3/2009 broke below RM0.75
support level to reach an intra-day low of
RM0.685 in higher volume before settled at
RM0.695 on the same day.
Where would be the immediate overhead
resistance for Zelan ?
The way Zelan carried itself was seen not
encouraging with selling pressure likely to
press their luck today with next immediate
support at RM0.55 level.
Resistance selling can be expected between
RM0.75 – RM0.80."

I was too busy with office work last week coz alot staff went for training and tat week also i went for an operation MC 2 days..
Thought the panic sell is over last friday after the strong rebound to 0.78-0.80.
Make big blunder coz i didn't cut at 8-10% lost and re-enter at a much lower price position..
Zelan at current price is around its minimum lvl... i wanted to average down but my cash need time to reload.

Hope tomorrow Zelan can have some good rebound.

This post has been edited by viper88: Mar 10 2009, 11:18 PM

You can check it out here:
http://finance.yahoo.com/indices?e=dow_jones

A new Zero Strike Call Warrant with Berkshire Hathaway as it's underlying will be issued in the next few days.Those with high risk appetite may check out here:

http://lklatmy.blogspot.com/2009/03/zero-s...-berkshire.html

DJ up 330 points to 6878 points