QUOTE(panasonic88 @ Feb 17 2009, 05:28 PM)
i can assure you, you have made the correct decision QUOTE(edwin32us @ Feb 17 2009, 10:34 PM)
Hopefully there is be rally at USA after Obama sign the Stimulus Plan
. I lost too much blood for 2 days already
i dun understand how people could summarise "Stimulus Plan = market up". Every stimulus plan will need time for market to study whether it is sufficient enough or not. Stimulus plan doesnt mean the US will throw USD787million straight away into the economy. It is just a plan on how to address the issue.QUOTE(panasonic88 @ Feb 17 2009, 11:25 PM)
i just finished reading the star newspaper, read about this article too.
i did monitor this counter these few days, its share has been plunged since the recent peak isn't.
this piece of news is today's news, but it doesnt stimulate the price to jump. maybe as per the newspaper claimed, can get some before end of next month, buy on rumour, sell on news.
If you listen to those so-called analysts of The Star, then you deserved to get your hands burnt. Look at the company's balance sheet first. Then look at the profit & loss reports. Green Packet announced to Bursa yesterday a net loss of RM38.66mil on revenue of RM25.47mil for the fourth quarter ended Dec 31, 2008 compared with a net profit of RM231,000 on revenue of RM26.46mil in the previous corresponding period. Green Packet also posted an annual net loss of RM59.48mil on revenue of RM88.43mil for the last financial year..i did monitor this counter these few days, its share has been plunged since the recent peak isn't.
this piece of news is today's news, but it doesnt stimulate the price to jump. maybe as per the newspaper claimed, can get some before end of next month, buy on rumour, sell on news.
QUOTE(Singh_Kalan @ Feb 18 2009, 12:15 AM)
Looking at current condition, its not impossible for DJIA to drop below 5000pts. Its a economic plague now. The next level of bad news may be credit card default rate. As ppl had a hard time to pay off their homeloan, credit card would be the only option left. 
Frankly speaking, i dun think the DJIA will go as low as 5000. It will or it might breach the 6500 level, the hardest question here is - how long will it remains in the doldrums.
Feb 18 2009, 01:32 AM

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