The Indonesian stock market on Friday wrote an end to the three-day winning streak that saw it gather more than 110 points or 10 percent in the process. The Jakarta Composite Index fell through support at 1,300 points, but investors are hopeful that the market could see a sizeable rebound on Monday, following the rest of the region to the upside.The global forecast for the Asian markets is cautiou
Market sentiment has begun to turn around in the past week. And, leading the way is the Dow 30, which marked an intraday high above 9,000 today and is up nearly 4 percent from last week. However, is the rebound in the US and other benchmark equity indexes a sign that the investor confidence has returned to the market? Unlikely. Market Wrap Up - Market sentiment has be
It's not as though Vincent Jackson didn't catch any passes Sunday against the Falcons. He caught two. But both were just out of bounds – which counts for nothing.
Spain, more likely hit by the worldwide turmoil, and Portugal seem to be on their jump back on everyones vacation property list - at least for golf properties.
A recent report by KPMG identified Portugal and Spain as the countries likely to emerge as the next “hot spots” for golf. Golf tourism is expected to continue to grow more quickly in Portugal than any other country in Europe, includin
Louisville Head Men's Basketball Coach - Rick Pitino had the rest of his career already planned after accepting the biggest coaching contract in NBA history with the Boston Celtics in 1997. It was a...
Men's Basketball HoopScoop is a free service that helps basketball coaches of all levels with free coaching articles, notes, practice plans and anything else that you might want to see.
Chinese scrap prices rebound
China’s domestic scrap prices have rebounded by a certain extent with the recovery of the prices of mills’ steel products.
In the Jiangsu market, price for heavy scrap steel (6mm thickness above) stands at RMB2,250 to 2,350/ton (VAT included), up from RMB2,000 to 2,100 at the end of October.
However scrap supply still remain [...]
Despite record-breaking tourism numbers at Indonesia's prime beach resort of Bali, the country will again miss this year's overall target for foreign visitors, he predicted. Due to the global economic downturn, the government has revised down its targets for 2008 foreign tourist arrivals to 'realistic figures' of around 6.4 million, from initial goal of 7 million. According to the National Sta
LME base metal prices rebound on Monday - Base metals on the LME rebounded on Monday.
Tin price boosted by US$1,295/ton to US$12,800/ton due to the low stock level. Copper price increased by US$210/ton to US$3,750/ton.
Nickel price raised by US$675/ton and aluminum price increased by US$50/ton. Zinc and lead prices saw an increase of US$45/ton and [...]
Friday November 21, 2008
Navivest
It might still be too early to call, but all indications are that we will finally get that stock market rebound that we have been looking for, for three days now on this blog.
Stocks are up in Europe, oil and gold and trading higher, we got good news from Dell overnight and [...]
Wednesday November 19, 2008
Navivest
With the rout we saw in the stock market today, that had the Dow, Nasdaq and S&P 500 shed 5.07, 6.53 and 6.12% respectively, we are hoping that the rebound that we have been looking for, will come tomorrow.
Today’s action should be a watershed that will hopefully give us a temporary bottom [...]
No, a rebound isn't happening right at this minute, but it appears there are a number of those getting prepared for it to come. Just a short while ago I mentioned that I saw a quick blurb hidden away in the Las Vegas Review Journal that quoted John Burns Real Estate Consulting. There it stated that they know of home builders, some that even had declared bankruptcy, that are "licking their cho
By Bud L. Ellis
braves.today.com
ATLANTA — It’s fitting, to a certain extent, that on the day after the Philadelphia Phillies won the World Series, we resume our look at key members of the 2008 Braves by focusing on Blaine Boyer.
The Walton High graduate stood on the mound on June 4, the Braves leading the NL East [...]
AFP - Battered stock markets rallied in Europe and Asia on Tuesday ahead of a key US Federal Reserve meeting in which the central bank was widely expected to cut interest rates further.
Oil prices rose to $64 a barrel Tuesday in Asia as a rebound in regional stock markets bolstered sagging investor confidence over a global economic slowdown. Light, sweet crude for December delivery rose 78 cents to $64.00 a barrel in electronic trading on the New York Mercantile Exchange by midafternoon in Singapore after trading as low as $61.75. The contract fell overnight 93 cents to close at
In last 24 hours Brazilian Real and Mexico’s Peso rebound as much as 5% Is it the beginning of global central bank intervention? Lets Talk…
Brazilian Real has fallen 28% in last two months, causing big Latin American companies to brink of bankrupcy. Apprantly companies lost more than USD 2.2 Billion in derivatives. It is about [...]
With China down approx 69%..Fear and gloom in the markets..Jim Rogers being the biggest China Bull on Earth.... Do you think at a minimum the Chinese stock market can bounce... Is this a low risk trade? Is this a value trade?
Many times Cheap can get cheaper?
What do you think?
www.myinvestorsplace.com
capitalinvestor1836.blogspot.com
Stumble It!
According to Beacon Economics' latest report on the San Francisco East Bay, this region's housing market isn't expected to rebound soon. They're predicting that won't happen until 2014. From a story at the Contra Costa Times:The East Bay economy may have to endure two more years of tough conditions before it fully rebounds, a disquieting new report predicts.Even worse, a recovery for California'
HONG KONG - Hong Kong stocks rose Thursday as investors cheered a string of interest rate cuts _ including from the territory's monetary authority _ to ease the credit crisis.
At midday, the blue...
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Volkswagen's premium auto division Audi expects the U.S. car market to snap out of its slump by the second half of next year, Audi sales chief Peter Schwarzenbauer said on Thursday."The Americans have an optimistic attitude.They dislike talking about crises. We expect the [presidential] elections to improve the mood so a recovery could already begin in the second half of 2009," he told reporters a
WELLINGTON, New Zealand - New Zealand's share market rebounded Wednesday as the nation's central bank said it's ensuring good cash liquidity levels in the banking system, which remains sound amid...
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Stock indexes bounced back Tuesday, after President Bush pushes Congress to revive the $700 billion bailout package. There is now a large belief that by as soon as Wednesday or Thursday we will get a bill that will get passed by the House.
Maybe its the fear of turning 40. Maybe its the feeling of unfinished business. Maybe its the fire in the belly that has not quite extinguished. For retired elite athletes, the itch is always there to make a return after experiencing "life after sport". For some, it becomes too strong to ignore. This year has seen the return of at least three champions, Dara Torres, Lance Armstrong and Brett
The following article was by one of our readers: I entered into a rebound relationship with a woman who had only been divorced for 3 months after 16 years of marriage. Very stupid move on my part. She assured me that they had been separated for 18 months and she was completely over him. [...]
If you often consumed nonprescription drug for treat headache, then you must aware to rebound headache. Usually that condition will more serious from initial attack, and require more complex medication. Rebound headache can happen because patient consume medicine redundantly, inappropriate with dose which have been specified. Even be not too pain, since have already accustomed [...]
The US GDP grew at a 3.3% annual rate in the second quarter (April-June), its fastest pace in nearly a year, the Commerce Department reported on Thursday. The revised reading was much better than the government's initial estimate of a 1.9% pace and exceeded economists' expectations for a 2.7% growth rate. The rebound is attributed largely to strong exports.News report said, however, the rebound i
The stock markets across the Asian region closed on a mix note after Wall Street fell for a second day on inflation worries, continued weakness in the financial sector and a rebound in crude oil prices. On Wall Street, the Dow Industrials lost 1.14%, the broader S&P 500 dropped 0.93% and the tech-heavy Nasdaq fell 1.35%. The Labor Department released its report on wholesale price inflation in
This article was published in the Jacksonvile Business Journal on August 8, 2008 by Chtistian Conte:
Since hitting a low in January, local single-family house and condominium sales have doubled in the first six months of 2008, a trend some hope is proof the residential market is starting to rebound.
The 1,013 existing single-family houses sold in [...]
With one per cent of the world’s oil supply flowing through Georgia which is now at war with neighbouring Russia it should be obvious enough that the recent dip in oil and precious metal prices is over, and that a new rally has started. Anybody buying gold or silver bullion or stocks today will make [...]
Not normally one for sticking my kneck out on numbers this is a fairly easy call. At the Hedge Funds World conference in Dubai this spring one top manager told me he was always a buyer at $850 and a seller under $1,000.
Was it a coincidence that gold hit this low on the day [...]
For those considering joining the 'jingle mail' crowd and thinking that they'll simply move out and find a rental home elsewhere, a story in The Washington Post reminds readers of the pitfalls of renting:Foreclosures have doubled over the last year, which means a lot of former homeowners are becoming renters again for the first time in a long time. And there are new lessons to learn: You're not qu
Britney Spears New Bikini Picture
Here're some sensational snaps of the pop princess, Britney Spears in a white halter-style two-piece bikini frolicking in the pool outside of her luxurious Cabo San Lucas, Mexico.
An onlooker said: "Britney looked incredible. She seemed to be having a ball with pals and enjoyed chatting and flirting with Palms Resort and Casino owner George Maloof. He had his
Over the last few weeks, it has been really a test of patience as i watched how the market ding dong without any significant upside or downside. I had a choice to trade intra-day, but alas i decided that i will stick to my plans of building a short portfolio. The lacklustre behaviour of the market send boredom to my life. All these years i have been very active in the market and enjoying every
A sharp fall in the oil price and a consequent recovery in the US dollar brought a sharp retrenchment in precious metal prices this week as gold approached the $1,000 barrier for a second time and silver closed on $20.
This is an excellent buying opportunity for anybody who missed out on earlier buying opportunities in [...]
A funny thing happened on the way to the housing bust: rising foreclosures of newer homes, which are increasingly competing with homes offered by builders in both price and quality. In the past, the new home market often rebounded faster than existing resales, but this time might be different. I pulled some stats from the early 1990s and compared this downturn with the last one and summarized i
The cover story for the 7/14/08 edition of Barron's magazine has controversial in that it's calling for a bottom in the housing market. How can that be? Read on:Home prices are down nearly 18% from the market's peak, according to Case-Shiller, and inventories of unsold homes are at near-record levels. Foreclosures are mushrooming on "subprime" properties, or homes whose purchase was financed wit
Yeah! I new you had it in you
JENNIFER. I know its obvious
that you don’t have a
personal stylist like those
other hollywood stars
. They’re expensive! But now
we know that they are worth
it. What a rebound!
[Show as slideshow]
FLASH BACK
Note: There is a poll embedded within this post, please visit the site to [...]
HOME PRICE REBOUND COULD TAKE TIME Continued weakness comes amid caution caused by inflation and bleak outlook Thursday • July 10, 2008CARMEN LEE RECENT developments in the local property market have sent conflicting signals to investors. Several developers have indicated willingness to delay launches as residential property prices show signs of weakness, while others are pointing to still-stron
It's easy these days to get depressed about the news of falling home prices, sales and rising foreclosures, but Fortune editor Shawn Tully thinks it's also the sign of something different -- the seeds of a housing rebound in a very comprehensive article:The news that housing starts have fallen to their lowest level in 17 years sounds like one more reason to be depressed about the shrinking value o
Bulletproof? No. Immune? No. Better than most? Okay. Portland home sales and prices are down. Some buyers are on the fence. And the headlines about real estate tanking, well, they keep a comin'. But the Rose City is still faring better than most. If you're going to slump, better to slump least, right? The most recent Case-Shiller report says Portland had the third best decline in home val
Airline shares descend as oil prices rebound
By Christopher Hinton, MarketWatch
Last Update: 6/20/2008 3:13:00 PM
NEW YORK (MarketWatch) — Airline stocks were declining Friday on rebounding oil
prices.
The Amex Airline Index (XAL) slipped 7.5% to 17.99 points with all of its 14
components in the red. The index climbed more than 10% in prior-day trading after
China said it would [...]
Oil prices fell almost $5 a barrel to $131.93 today. That's a pretty big drop, and the airlines responded accordingly, as they had a huge day. As you might imagine (especially from the title), I also had a good day as a result. The portfolio gained over $8,400 today, on the strength of both AMR & UAUA (+$9,100).Today's gain erased all of Tuesday and Wednesday's losses, plus added another $2,200. S
We believe that the market is poised for a sharp technical rebound. Sentiment on the street has turned decisively bearish, oft reinforced by the same set of macro headwinds that are dogging India and exacerbated by the recent surge in oil prices. Retail investors, directly investing in equities, have virtually abandoned the market, even as hedge funds and select locals are running big short positi
Friday, as U.S. indexes crashed, MCB Bank ADR was trading at $9.07 a share. (Prices reported on Bigcharts.com typically reflect the closing price of the last trading day.) That's a 10% gain in less than a week!
According to The Mortgage Bankers Association, which released its Mortgage Applications Survey for the week ending June 6, the Market Composite Index, a measure of mortgage loan application volume, was 557.1, an increase of 10.9 percent on a seasonally adjusted basis from 502.3 one week earlier. On an unadjusted basis, the Index increased 23 percent compared with the previous week and was down 16.
According to The Mortgage Bankers Association, which released its Mortgage Applications Survey for the week ending June 6, the Market Composite Index, a measure of mortgage loan application volume, was 557.1, an increase of 10.9 percent on a seasonally adjusted basis from 502.3 one week earlier. On an unadjusted basis, the Index increased 23 percent compared with the previous week and was down 16.
One of my favorite actresses, Catherine Zeta Jones has been looking rather unglamorous lately. For a woman whose every move exuded charisma and impeccable oomph, this new CZJ is someone I simply can’t bear to look at. Her curves defined her and most of her roles had her essaying roles about strong women with more than a hint of the exotic. She was simply perfect in The Mask of Zorro and compa
In an unexpected happening, mortgage applications rose this past week in the West, Midwest and South by 6.3% according to the National Association of Realtors. Many people are taking this as a sign that the number of unsold properties in America is on its way down - a crucial first step in stabilizing the industry.
Lawrence [...]
Lehman Brothers appears to have escaped the investor panic that brought down Bear Stearns, but many investment pros say it's too early to jump back into financial stocks."I'm just not a buyer in the financials. It's just not time to it yet," says Michael Cohn, of Atlantis Asset Management. "You have to wait for the housing to stabilize, which I think is going to happen this summer."Kathy Boyle, pr
Mark Matthews, head of Asia-Pacific equity strategy at Merrill Lynch & Co. in Hong Kong, comments on his outlook for Viet Nam's stocks.
The Ho Chi Minh Stock Index extended a record losing streak to 21 days yesterday on concern a widening trade deficit and inflation at a 16-year high will prompt overseas funds to...
[[ This is a content summary only. Visit my website for full links, other conten
Vietnamese stocks may extend this year's worst slump among global markets as the government raises interest rates to quell inflation, Merrill Lynch & Co. said.
Higher borrowing costs will restrain earnings growth and prevent a ``huge bounce'' in Viet Nam's equities, Mark Matthews, Asia Pacific head of equity strategy...
[[ This is a content summary only. Visit my website for full links, other co
Catherine Zeta Jones on set of "The Rebound" in New York City, May Catherine Zeta Jones (34C-25-36) on set of 'The Rebound' in NYCHOT BABE IN YELLOW JACKET AND BLUCE DRESSCATHERINE ZETA JONES VERY HOT PICS
But the Welsh-born beauty rebounded quickly - while filming on the set of her new movie, The Rebound. The 38-year-old was photographed in a scene with her two-young co-stars in downtown Manhattan, as a homeless character in the film unbuttoned his coat for all to see. If only the Academy Award-winner had kept hold of The Mask of Zorro.
Oscillator is showing oversold and with recent closing, we can see it has started to rebound. Currently the index is trading near support levels at oversold level, pretty attractive level to pick up CW. Tomorrow is Friday, i will be watching out for a mixed day and how the support is tested. Intra-day wise should see good support in terms of price actions.GrowMoney XPertTrader Screening ResultsMan
Real estate in Phoenix has been hurt badly by the housing crisis, and since the turmoil began a dark cloud has loomed over the Valley of the Sun. But is there a silver lining in sight? Although local experts can’t say for certain, it is presumed—if nothing else—that the worst is almost over.“Those who are waiting for the bottom of the market may be surprised to discover that it has already
May 19, 2008 'CREDIT CRISIS ENDING SOON'US property to rebound this year: Deutsche chief ZURICH - THE end of the global credit crisis is getting closer and the United States real estate market should recover in the second half of the year, Deutsche Bank chief executive (CEO) Josef Ackermann said in a newspaper interview. 'I think that we are getting closer to the end of the financial crisis,' he t
Just days after the news of her split with Owen Wilson hit the headlines, Kate Hudson hit the town with Lance Armstrong. Recent public outings between the pair fueled fresh rumors of a rebound romance for the “Fool’s Gold” actress, and some reports suggest the match has been in the works for weeks.
On Friday night, [...]
US property to rebound this year: Deutsche chief -ZURICH
ZURICH - THE end of the global credit crisis is getting closer and the United States real estate market should recover in the second half of the year, Deutsche Bank chief executive (CEO) Josef Ackermann said in a newspaper interview.
‘I think that we are getting closer [...]
GET THIS!: Mariah Carey was on the rebound when she met Nick Cannon!!! Her Ex Speaks! "Mariah Carey and her secret producer boyfriend of four years split
up just a few months ago, and he is said to be devastated that it took
her no time at all to move on and marry the next guy who came along.
The poor guy was hardly even acknowledged by Mariah and now she’s
flitting all over the place ...
I have to admit, I just wasn’t feeling it last night. The episode before this one was much, much better. But there were some decent parts of the episode.
The episode centered around two plotlines, Barney without Ted searching for a new wingman. And the other story was about Ted and Stella taking the next step [...]
More of scripted comedy How I Met Your Mother, from group Field of View.
Rebound Bro
Ted may have ruined his relationship with Stella after he reveals an intimate secret about her to his friends.
How_I_Met_Your_Mother.3x18.Rebound_Bro.HDTV_XviD-FoV
How.I.Met.Your.Mother.S03E18.720p.HDTV.x264-CTU
Links: TVRage
Samples: n/a
Download: NFO, Torrent
The Philippines, the world's biggest rice importer, canceled a tender to buy 675,000 metric tons as just one company submitted an offer, highlighting the tightness of supply in the global market and spurring a rebound in the price.
Viet Nam Southern Food Corp. was the only company to offer the grain, National Food Authority Deputy Administrator Vic Jarina said. The authority will wait until the
TO DOWNLOAD AND FOR LARGER PREVIEW, CLICK ON THE IMAGES ABOVE.DONT FORGET TO ADD COMMENTS ON HOW YOU LIKED THE IMAGES...ENJOY....................................
TO DOWNLOAD AND FOR LARGER PREVIEW, CLICK ON THE IMAGES ABOVE.DONT FORGET TO ADD COMMENTS ON HOW YOU LIKED THE IMAGES...ENJOY....................................
It’s earnings season again. But with an odd twist. You see, most investors realized that earnings season would be dismal; so when the results came in (pretty much) as expected, many investors seemed to find that the news (especially among financials) was not worse and went on a buying spree. By watching the trading "tape," you almost could "hear" what investors were thinking: JPMorgan Chase & Co. (JPM) announces a 50% decline in first-quarter profits, and says markets will remain weak through the rest of this year and perhaps into next: No problem. As bad as the results were, they were actually better than Wall Street expected.Citigroup Inc. (C) says it lost $5.1 billion on a 48% decline in revenue and will slash 9,000 jobs - that’s great! Merrill Lynch & Co. Inc. (MER)
Economists say S’pore’s GDP growth likely to rebound in Q1
By Ng Baoying,
SINGAPORE : Singapore’s economy is expected to see a rebound in the first quarter. Economists are forecasting GDP to expand by some 6.8% on year, swinging up from the 4.8% decline in the previous three months.
They said the boost will come from a rebound [...]
By Kevin Lim and Saeed Azhar SINGAPORE, April 4 (Reuters) - The worst may be over for global equity markets after the Fed-led rescue of Bear Stearns , but U.S. economic woes and slower earnings...
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Singapore Temasek’s fund arm says stock rebound not imminent
THE worst may be over for global equity markets following the Federal Reserve-led rescue of Bear Stearns.
However, United States economic woes and slower earnings will hold back a decisive rally, according to a key executive of a fund management arm of Temasek Holdings.
Ms Chan Chia Lin, the [...]
The latest outlook from the National Association of Home Builders foresees a full recovery in the housing sector being delayed until 2010. While this date has been largely debated by economists and other housing experts, I can't recall any other time before this when the NAHB has actually agreed with the assessment. From a CNNMoney.com story:Demand for new homes may not return to normal levels until next decade, according to the latest outlook from the National Association of Home Builders."Traditionally when housing has been in a recession, it recovers very quickly. We don't see that happening this time," said Jerry Howard, CEO of the builders' trade group. "It could be 2010 before we see sustainable, long-term stability in the home building sector."As recently as the end of 2007, the t
Asian markets declined in the initial session of trade on Friday (Apr. 04, 2008) first time in three days. The fall was led by technology companies and automakers, after a US jobs report showed that the growth is slowing down.The world`s second-largest maker of liquid-crystal displays LG Display, Matsushita Electric Industrial, the No. 1 maker of consumer electronics, declined after brokerage firms downgraded the stock.Japanese benchmark index Nikkei lost 90.92 points, or 0.68%, to trade at 13,298.98.South Korea`s KOSPI lost 0.98 points, or 0.06%, to trade at 1,762.65.Singapore`s Straits Times lost 8.16 points, or 0.26%, to trade at 3,163.39. (8.20 a.m., IST)Hong Kong, China and Taiwan markets are closed today. US stocks climbed on Thursday (April 3) after Federal Reserve chairman Bernank
Foreign institutional investors (FIIs) remained net buyers in equities worth Rs 4,307 million (USD 106.80 million) on March 27. They bought equities worth Rs 48,611 million and sold equities worth Rs 44,304 million.According to the provisional figures available at the NSE, FIIs remained net sellers in the equity segment worth Rs 4,019.5 million on both, the BSE and NSE on March 28. They bought equities worth Rs 30,625 million and sold equities worth Rs 34,644.5 million. Total turnover in the cash segment of NSE stood at Rs 143,088.8 million on March 28.FIIs remained net sellers in debts segment worth Rs 761 million (USD 18.90 million) on March 27. They did not buy any debt but sold debts worth Rs 761 million.FIIs remained net buyers in derivatives worth Rs 2,658.6 million on March 27. They
Shares rallied for a third consecutive day in Ho Chi Minh City with brokers saying confidence was gradually returning in the market.
“The market rebounded on Wednesday after the market regulator cut the intraday share trading band from 5% to 1%.
On Wednesday, all the selling was absorbed, and there were more...
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
The government will lower its economic growth target even though it forecast the crisis would soon be over, senior figures told a National Assembly committee Friday.
To help dampen inflation, the government will reduce its economic growth target to between 6.5% and 7.5% from 8.5% to 9%, Deputy Prime Minister Hoang...
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Dow Jones broke out of it's major resistive trendline two closings ago and it ended with a doji candlestick. In my opinion, this is not just another technical rebound which we have seen for the past few months. Usually after DJIA ends with a huge white candlestick, the next day will likely to be a black candlestick but for this time round, we are only see a doji. However, the volume looks suspect since it is so light and this is not what is expected of a strong rebound. The next resistance level is around 12785 which was the resistance on two previous occasions.Dow Jones Industrial Average:For the Straits Times Index, it broke out of it's resistive trendline too and it was accompanied by heavy volume. There is a gap resistance at around 3000 but i think it should not be a concern since STI
Source: The Nation Mar 14 2008
Asian property markets weathered last year’s global financial storm triggered by the sub-prime fiasco in the US and are expected to perform well this year, says Jones Lang LaSalle.
The prediction came in the real-estate-services firm’s latest Asia-Pacific Property Digest.
Rental and capital-value growth over the past 12 months has been generally [...]
Utah poised for rebound That is the prediction of area economists By JEFF DEMOSS Standard-Examiner staff jdemoss@standard.net SALT LAKE CITY - While the current economic picture looks bleak, fears about recession may actually help Utah and the United States avoid that fate, two leading local economists said Wednesday. A growing number of economic experts are saying the U.S. is either headed for a recession or is already in one, but the current situation is really more of a "fear-session," said Kelly Matthews, vice president and economist for Wells Fargo in Utah. Economic growth in Utah will slow noticeably this year, but the state should remain in positive growth mode for the foreseeable future, according to new forecast
But rebounding against the Coyotes will not be an easy task. Phoenix is fighting hard for a playoff spot and is 5 points out of 8th. Coach Gretzky recently said: “We’re battling for our lives now, we know that…We know we have our work cut out for us, but we’re not out of this by any means. Nobody in our locker room is gonna throw in the towel.” And they won't. Backed by a top goalie in Ilya Bryzgalov, this team, although inconsistent, can compete with the big dogs and are not to be taken lightly. The Canucks will look for a more consistent start tonight. They came out of the gate flying against the Ducks, but then took most of the rest of the night off. I know Luongo wants to play in every game, but maybe Sanford should start tonight. That would not only send a message to Louie t
(Washington D.C.) This morning President Bush once again did a little soft shoe for the press. This time he wasn’t waiting for anyone. He was just happy.“The economy is on the mend,” said the President. “I just got numbers that say the fumunda cheese market is exploding. And in case you didn’t know, this country, Texas in particular, is the world’s leading producer and exporter of fumunda cheese.”
Indonesian shares were sharply higher in early trade Wednesday on a technical rebound driven by a strong rally on Wall Street overnight, ending a three-day fall The Dow posted its biggest gain in more than five years Tuesday after the Federal Reserve and other central banks announced a series of moves to pump more liquidity into the financial system to ease a credit crunch. The Fed -- acting with the European Central Bank, the Bank of Canada and the Swiss National Bank -- agreed to loan investment banks money in exchange for debt, including troubled mortgage-backed securities. Gains on the Jakarta bourse were led by big caps such as index heavyweight Telkom, conglomerate Astra International and coal giant Bumi Resources, as well as banks and miners. At 9.34 am, the composite index
- ECB Trichet: Concern is Not the Same as Brutal
- USD/JPY: At Risk for Intervention?
Why the US Dollar Could Rebound this Week
Since the beginning of the year, one of the best trades in the...
More at: http//moneymakinglounge.blogspot.com
The Fed jumped in this morning in an attempt to halt the slide in the market. It's yet another bailout plan aimed at stabilizing the mortgage market.It's unlikely that the Fed's latest move will have a lasting impact, but in the short-term it might serve as a catalyst for a rally. I'm talking about a rally that lasts more than just one day.Curiously, among the various groups of the market, one that is holding up quite well is the homebuilder sector. It's strange because the residential real estate market is crumbling, yet the homebuilders aren't hitting new lows.In fact, the S&P Homebuilders Index (XHB) is trading well above its January lows. Moreover, it's formed a head and shoulders bottom over the last four months. Keep a close watch on this ETF, which is a basket of home build
Overnight closing of Dow in negative once again dragged down the morning session. But cool enough, market rallied in the afternoon session and close amazingly in the green suggesting something could be cooking in Dow tonight. True enough, Dow is now up 200 points plus. Honestly speaking, i too was tempted to long some stocks as i could see many candlestick reversal patterns around. Notably in some of the China shares i'm tracking. However i held back. I prefered not to guess a reversal or bottom and just let the price tells me where is it heading. A break above 20 day moving average will be a good sign. Infact there are still a couple of stocks trading above 20dma and some are even on an uptrend. I secretly load up on one last week and despite the plunge, it was unscathed! keke, i
From the looks for the Dow Jones chart, it seems that DJIA is poised for a rebound soon. Currently, it is residing on the fibbonacci 23.6% support level. The last 3 candlesticks had a long tails which resemble tweezers bottoms so in my opinion, these factors suggest a rebound should be near soon. The next resistance level will be around 12750.Dow Jones Industrial Average:For the chart of the Straits Times Index, it formed a island reversal formation and that signifies a downtrend. Following this, there was a huge gap down and this gap will be acting as a resistance level. Since i expect the DJIA to be rebounding soon, i believe STI will be following suit.Straits Times Index:However, both of the intermediate trends for both STI and DJIA are still down. Remember that the subprime issue is no
If everything goes well, we could have seen the short-term bottom at Tuesday Low. I longed cosco taking that low as my support. My view is, that should be the low and we are heading for a rebound. This rebound should take us to STI 3100s thereabts and I will look out and becareful for dumping again. Conditions that favour this rebound include Fed's rate cut and more cuts to come when they meet? Also the traditional CNY rally. Earnings so far is disappointing. Apple gave a weak outlook for Q2 and Motorolla has a bad quater. But! Motorolla hasn't been doing well all along... hence i will be looking for strong results from the competitors to dispel worries that consumers are not spending. Anyway, Motorolla so far hasn't been producing cutting edge products.Today I cut my loss on Cos
The bearish breakout finally happened. Many descending triangles gave way. It was a pretty ugly sight. Along the way, when the descending triangles were forming, we had many decent rebounds. I got vested at one such rebound last month but only had to cut as there was no follow through buying. Follow through buying is a sign of bull market marked with tame selling. What I saw was gains very cheaply given back to the market by the brutal selling, volatile market actions...etc.. all these are not signs of bull market. As of now, i still do not see signs of a bottom as yet. STI is now officially trading below the 200DMA. This is where in wall street they regard it as a bearish sign. All you need to do is to check 1997 and year 2000... compare the relationship between 200dma and STI, you
Click here to play now!
Freak-Ball, the fluffite is trapped in a garden of mystery. Help him escape to the open countryside. Please let us know how many levels you cleared in the...
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
