By: crazyjimsmith
2/08/2007
9:20 pm Yahoo! Profile:
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Manila it is mostly the current market. Also it did overshoot but I have a good feeling about it.
Don't expect it to recover any time soon but they are drilling and if the results are good it should take off! |
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By: smart.moves2000
2/08/2007
8:34 pm Yahoo! Profile:
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The equities market correction still has quite a bit more to go I will remain on the side lines with only a few exception being to continue shorting Crude and precious metals, Shorting EU this should make a substantial return this intraday. All equities will remain extremely volatile with extreme swings, while continuing to buy Grain Futures.
Regards |
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By: rusty_engines
2/08/2007
8:23 pm Yahoo! Profile:
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| *Which Trade Should Earn The Most* A FITTER & TURNER but it is not on the list?? |
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By: smart.moves2000
2/08/2007
8:12 pm Yahoo! Profile:
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Looking forward we find that the EU and UK are indicating manufacturing has been on the rise although we find that in Germany which a better indicator of manufacturing rose only slightly as exports still remain lower. PMI indicators reveal that the EU seem to have a unrealistic outlook of future growth as the bloated EURO and GBP continue to poise worry in inflation.
Combine those indicator to US employment indicators and we find that over all global growth has been on the decline as US manufacturing and exports have both been on the increase.
More important is the sharp declines in crude expected this intraday while expecting further declines in precious metals. We continue to forecast increased global volatility and decreasing liquidity as global credit tightens through the end of the year. My expectation calls for the DOW to decline to 13000 before a substantial bounce
More increased equity correction are expected this intraday and Friday although we saw a slight rebound yesterday we expect a continuation of the weakening consumer and global markets. China has yet again disappointed as Chinese export quality continue to degrade longer term our forecast will reflect further global declines through the end of the year. I expect the equity markets will continue to retrace further.
AG future will be volatile this intraday with S. Korea banning US Beef and expect grain rice will decline this intraday.
Looking ahead we still forecast increased declines in the equity market with global credit squeeze on the rise as emerging market decline further.
What to expect this week increased USD, AG (grain) and declines in Crude and EURO GBP and global equities.
The market correction still has quite a bit more to go I will remain on the side lines with only a few exception the being to continue shorting Crude and precious metals, Shorting EU this should make a substantial return this intraday. All equities will remain extremely volatile with extreme swings
... |
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By: manilagigigi
2/08/2007
8:06 pm Yahoo! Profile:
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| Crazy, I thought the ann. last night and the radio broadcast would spurr it on alittle but it didnt. I was lucky as i got 90% out of it a few days ago but still have around 8 k invested in at 17c. Why do u think that the ann made no inpact? |
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By: smart.moves2000
2/08/2007
8:03 pm Yahoo! Profile:
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Looking forward we find that the EU and UK are indicating manufacturing has been on the rise although we find that in Germany which a better indicator of manufacturing rose only slightly as exports still remain lower. PMI indicators reveal that the EU seem to have a unrealistic outlook of future growth as the bloated EURO and GBP continue to poise worry in inflation. Combine those indicator to US employment indicators and we find that over all global growth has been on the decline as US manufacturing and exports have both been on the increase. Expectations this intraday is that the EURO and the GBP will continue to decline.
More important is the sharp declines in crude expected this intraday while expecting further declines in precious metals. We continue to forecast increased global volatility and decreasing liquidity as global credit tightens through the end of the year.
More increased equity correction are expected this intraday and Friday although we saw a slight rebound yesterday we expect a continuation of the weakening consumer and global markets. China has yet again disappointed as Chinese export quality continue to degrade longer term our forecast will reflect further global declines through the end of the year. I expect the equity markets will continue to retrace further.
AG future will be volatile this intraday with S. Korea banning US Beef and expect grain rice will decline this intraday.
Looking ahead we still forecast increased declines in the equity market with global credit squeeze on the rise as emerging market decline further.
What to expect this week increased USD, AG (grain) and declines in Crude and EURO GBP and global equities.
The market correction still has quite a bit more to go I will remain on the side lines will only a few exception the being to continue shorting Crude and precious metals, EU this should make a substancial return this intraday. As all equities will remain extremely volatile with extreme swings.
Regar ... |
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By: crazyjimsmith
2/08/2007
7:41 pm Yahoo! Profile:
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Manila the whole market is getting hit because of the crunch.
It will recover if and when the market regains its confidence. I suspect that the worst is over but we are not out of the woods yet.
WTE could have something very nice. It is early days still and there is risk involved but I reckon they are onto something. |
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By: manilagigigi
2/08/2007
6:20 pm Yahoo! Profile:
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| What happened to WTE....no volume to speak of and going down even after the announcement...CRAZY? |
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By: greggroach2003
2/08/2007
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All the exchanges showing early rises only to fall back to being in the red pretty much signifies dead cat bounce...more dead than bounce.
Is there a definitive % drop that defines a correction from a crash ? |
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By: chris_1979_h
2/08/2007
2:57 pm Yahoo! Profile:
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Asian Stocks Fall on U.S. Subprime Concerns; Taiwan Life Slides
By Darren Boey
A worker walks among rolls of steel plates Aug. 2 (Bloomberg) -- Asian stocks fell, erasing earlier gains, as concerns over U.S. subprime mortgage losses reemerged. Taiwan Life Insurance Co. slumped after booking a loss in a Bear Stearns Cos. fund.
``The markets are bungee-jumping as they sort out the problems about the U.S. subprime problems,'' said Winson Fong, who helps oversee about $2.5 billion at SG Asset Management in Hong Kong. ``The question on everyone's mind is whether investor confidence can be maintained.''
Toyota Motor Corp. and Honda Motor Co., *** an's two largest automakers, dropped after saying U.S. sales fell last month. Downer EDI Ltd., an Australian engineering company, slumped after saying full-year profit was lower than expected.
The Morgan Stanley Capital International Asia Pacific Index lost 1.2 percent to 149.60 at 1:31 p.m. in Tokyo, reversing an earlier gain of 0.8 percent. It fell 2.9 percent yesterday to its lowest since June 27 after Macquarie Bank Ltd. and Bear Stearns said funds may post losses amid the subprime mortgage rout.
*** an's Nikkei 225 Stock Average dropped 1.2 percent to 16,673.68 after gaining 0.8 percent earlier. South Korea's Kospi index lost 1.6 percent after rising 1.9 percent. All other markets open for trading fell, except China and India.
U.S. stocks rose yesterday after a rally in computer and consumer shares including Apple Inc. lifted the Dow Jones Industrial Average 150 points in the last 20 minutes of trading. The Standard & Poor's 500 climbed after falling below its 200-day moving average for the first time in a year. Concern that losses in home loans to risky borrowers will spread wiped out $2.1 trillion of global market value last week.
More Losses
European stocks declined yesterday as all 18 industry groups in the Dow Jones Stoxx 600 Index retreated. The price on benchmark 10-year U.S. tr ... |
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By: chris_1979_h
2/08/2007
2:55 pm Yahoo! Profile:
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| market is anticipating fall tonight |
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By: legsio
2/08/2007
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| this is another bad day..even though resources are up...terrible for market to fall on a strong wall street |
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By: clueso587
2/08/2007
2:43 pm Yahoo! Profile:
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| Merket seems to be taking a nose dive again late in the day though.. |
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By: greggroach2003
2/08/2007
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Hi,...and thnaks michi - Normally you would be right. If we're lucky - and take over offer may be around $1.60 or so. Its no secret i believe they are way way better than that. Not in need of the cash right now - so we may be forced to cop out at whatever the offer may be - whereas in a year or 2 or 3 - who knows where this one could have gone - we miss the money and we miss the ride. In all honesty i think i would prefer the announcement to be something that may set them back 10 - 15% temprorarily - (and buy more) rather than some pi$$y take over that makes us 20 or 30% from where we are now...thats enough of my sooking - see what happnes when it happens. Pls note my post in the trading game...all in to LYC !
Maybe i should be happy - just not feeling it right now...off for a quick sob and a beer ! lol... |
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By: legsio
2/08/2007
12:31 pm Yahoo! Profile:
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| $2000 cash 1st prize each month |
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By: legsio
2/08/2007
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| www.theconsensustrader.co m.au runs a month by month competition that will will you real money...we can enter as same sames and talk about it here?? You can do short sell buy sell etc...and has a CFD game too... |
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By: brukevlay
2/08/2007
12:19 pm Yahoo! Profile:
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Crazy,
As you are asking for charts to show their worth. WWW.bigcharts.com AU:CBA I year chart.
Draw a line from the Sept. low to the March low. This connects to the low made yesterday. Yesterday gave a buy signal. You simply hold on till this line gets penetrated.
I would not do it now even if I liked CBA. Just showing it does not only show where it has been but in this case gave a buy signal. Beats the cr@p out of bottom fishing. |
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By: aussiebuggaa
2/08/2007
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michiandsorafrayda says “does anyone know of a cheaper option for brokerage than comsec?”
Interactivebrokers.com - 0.08% commission, with only $6 minimum charges. They’re GREAT! |
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By: michiandsorafrayda
2/08/2007
11:50 am Yahoo! Profile:
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| does anyone know of a cheaper option for brokerage than comsec? |
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By: baygon2005
2/08/2007
11:45 am Yahoo! Profile:
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| I think the market is going to fall further in the next couple of days.....people if you can raise cash.... |
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By: crazyjimsmith
2/08/2007
11:43 am Yahoo! Profile:
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Agreed Bruke.
Stocks run on their own accord but some people with large followings can drive a stock.
Not me though |
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By: ecchi.gaijin
2/08/2007
11:43 am Yahoo! Profile:
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| lol Bruke |
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By: brukevlay
2/08/2007
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Chris,
CTO is a fairly good gold company. Others have more appeal in my opinion. BUT are you listening to me? I'm saying stay out till the gold price can trade over $700 and stay there not just go there and be beaten down again.
Crazy, I didn't say you are a ramper. I'm saying others accuse you of it. Even if you were I doubt if you would be successful because nobody listens much to what ANYONE says on this. I'm not suggesting they should. Everyone has different views. Most are like you and wont be shifted in their view with dynamite. And you know what they say about free advice. They are even worse than free poems. Especially Gregs. Right ecchi? |
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By: michiandsorafrayda
2/08/2007
11:23 am Yahoo! Profile:
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gregg, i dont get it, take overs are great for stock price! id be praying that someone is about to offer you segnificantly more than the stocks (current) value.
good luck mate |
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By: greggroach2003
2/08/2007
11:15 am Yahoo! Profile:
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Hi Michci - I did say not to jump in too early the night before last as well...
LYC - dunno - generally all has been positive - hoping it stays that way. Hope it is not a takeover in the air. |
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