DJIA dropped 120 points yesterday: 7,278.38 -122.42 -1.65%

WallStreet is bracing for volatile next week when the toxic asset plan is going to be announced.
Unload a bit just to be cautious.

Dollar went down, but Oil went up!

This post has been edited by danmooncake: Mar 21 2009, 10:36 AM

small fish reporting in. really hope resorts will go up

-comdty will go up to hedge against dollar depr
-no sign of demand recovery from US, bad export data
-banks found support at current price level
-UMNO meeting, political transition, new PM

Seems that CI short term uptrend remains intact

Many people in the same boat. Don't worry. Once the sellings subsided, Resorts will definitely fly.

DJ is not stable. Up and down the alternate day!

Fingers crossed, I need Genting to fly higher compared to Resorts, Genting entry at RM3.60, Resorts only RM1.91.

This post has been edited by Soulsareworthless: Mar 21 2009, 03:36 PM

Genting has been up for 3 days consecutively from @ 3.20 to @ 3.42 yesterday.

So reaching @ 3.60 looks like quite possible if it continue inches its way up.

As this week, no announcement on public-private plan to remove all the toxic assets in bank balance sheet.
I think it will be in next week. This is good news for DOW and financial stocks will rally for twice again.
Be prepare for DOW rally.
This is just retracement. One more leg to go

This post has been edited by dreams_achiever: Mar 21 2009, 04:19 PM

Maybe it can go up all the way to 4.

Update: Geithner Completes Plan to Remove Banks' Toxic Assets, Encourage Lending
The Obama administration put the finishing touches on a plan to remove troubled assets from banks’ balance sheets that will be unveiled early next week.

http://www.bloomberg.com/apps/news?pid=206...ZHBM&refer=home

Be prepare for rally next week

How many shares you're holding ?

That would probably be my exit price.

Haha... I will wait at least 4.5 or keep in for long term.

Wah.. you're aiming for higher price ya.

But I'll bet your hands will be very itchy to sell once it reach 4.0.

Haha. Maybe i will sell at 4 also. You're right.

I think if it does reach RM4.50, it'll be like 2nd, 3rd quarter of 2010.

Don't be like that brot. Give us some hope lah!

Well.. if only it can reach @ 3.60 by end of next week, that will be a good sign indeed.

Must be realistic mah, if reach RM3.60 by next week would be awesome, will UMNO elections window dressing affecting gaming stocks?

Agreed, but I think still need a bit more time.