Producer price index up, inflation pressures creeping up but growth still anemic. Not good...Originally Posted by land118
Producer price index up, inflation pressures creeping up but growth still anemic. Not good...Originally Posted by land118
cash market hit 50dMA and reversed, positive in the face of all bad news
Ride at your own risk !!!
What's the level you're watching?Originally Posted by phantom_opera
Take a look 5y dow gold ratio with 200dMA, how can it be lower than 2009 bottom where Citi was $1? So Dow must at least go up to 12k or gold must go down from this level but the former is much more likely. That's why I am positive as long as 11,300 holds.
Ride at your own risk !!!
European market is positive now. STI moving up again tomorrow?
S&P500 needs to go higher off the 50dMA to complete the uptrend tonight or at least by Friday, otherwise it could mean trouble
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Should offload tomorrow if there is opportunity and wait for correction?Originally Posted by phantom_opera
Ha ha ha, spot on, it is Friday !!!Originally Posted by phantom_opera
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Gap up ... 12k target coming
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It was great day in Euros and US yesterday. It will be rock and roll on Monday for Asia market.
BOJ Losses Exceed $281M From Buying ETFs. Asian market will go down today. When to start buying again?Originally Posted by phantom_opera
Patience wait for signal
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Sure. Will wait for signal. China PMI Drops for First Time in 3 Months.Originally Posted by phantom_opera
Last edited by DC33_2008; 01-11-11 at 09:19.
SP500 will be sandwiched between the green line (50d EMA) and read line (200d EMA) ... until a break above or below
I am more interested in China-A, finding way to re-enter now.
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Dow futures down to 11,830 .... I think will hit 11,6XX and bounces back
Dow gold ratio is retreating again ... seems resistance is established at 7
Ride at your own risk !!!
China-A closed up positive despite PMI, overnight Dow's plunge and Greek's referendum... bullish sign, looks like funds turning back into stock market as next gambling den
Greek calling referendum ... ha ha ha, totally unexpected, no wonder last night Dow's bear was so fierce
'referendum' is a direct vote in which an entire electorate is asked to either accept or reject a particular proposal
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Dow futures below 11,800 ... looks like the selling momentum is very strong, could test 50dMA soon
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Dax plunges more than 5%! France and FSTE are equally bad.
Dow hit intraday low of 116xx hmm now I am not so sure whether this can hold tonight
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Omg 10y us yield down 7%, this is crazy
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wah, happening.
Down Nine percent below 2% now!!! Dow probably down 500 pts at closing
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one week to climb above 12k for the dow, slide down just as fast. so who fancies their chances to trade in this casino??Originally Posted by phantom_opera
Dow is down - 300pts
don't feel anything when i see a 300 point drop nowadays. wait till 500 point then wake me up.Originally Posted by Geylang OKT
-5% happen b4 leh....drop 1k pts prolly will wake everyone upOriginally Posted by kane
Yes, happen before but not often enough. 200-300 pts every other day you see. If 1000k I will sit up and redraw all my charts.Originally Posted by devilplate
Wonder STI will drop how many pts at 9am?Originally Posted by kane
1.5%? Nowadays, STI move 2% also no surprise element.Originally Posted by DC33_2008