Subprime issue in the financial markets and your shares

[Jem777]

Weak close on monday, with all the talks of '87 crash making people panic. People will sell off everything on Monday, great time to jump in and get in on the action. Don't think bear is coming, just a normal correction.

Anyway, anyoner here work the floors or a full time trader?

 

[raincool2005]

in addition, China economy is overheating, those interest rate hike are proven useless.

once the Turks attack Northern Iraq, 100 oil is easy.

 

[USM]

Weak close on monday, with all the talks of '87 crash making people panic. People will sell off everything on Monday, great time to jump in and get in on the action. Don't think bear is coming, just a normal correction.

Anyway, anyoner here work the floors or a full time trader?

You can check with raincool2005. He is a PRO in trading, making at least $1,000 a day. :thumbsup:

 

[scanner]

The day of the SHORTISTS have arrived!!! Woohoooooooooo!!!!!!!!!!!! can't wait!! CRASH CRASH CRASH!!!!:devil:

SHORT! SHORT! SHORT!
:bsmilie:

 

[NitroTech]

Weak close on monday, with all the talks of '87 crash making people panic. People will sell off everything on Monday, great time to jump in and get in on the action. Don't think bear is coming, just a normal correction.

Anyway, anyoner here work the floors or a full time trader?

I'm in the line but not on the floor..... think floor trading is already history in Spore.

 

[NitroTech]

You can check with raincool2005. He is a PRO in trading, making at least $1,000 a day. :thumbsup:

trust me... the pros make $1000 in 5 mins. :devil:

 

[Quest]

Weak close on monday, with all the talks of '87 crash making people panic. People will sell off everything on Monday, great time to jump in and get in on the action. Don't think bear is coming, just a normal correction.

Anyway, anyoner here work the floors or a full time trader?

if mon NY down again how? safer to jump in on tue?

 

[Jem777]

You can check with raincool2005. He is a PRO in trading, making at least $1,000 a day. :thumbsup:

I must meet this guy.

 

[Jem777]

I'm in the line but not on the floor..... think floor trading is already history in Spore.

Sweet, what are you working as?

trust me... the pros make $1000 in 5 mins. :devil:

Day trading? Tell tell!

if mon NY down again how? safer to jump in on tue?

Tuesday seems safer, although I THINK the trend will start to change on Monday. Good chance of a big recovery next week (Monday most probable), imho of course.

 

[NitroTech]

if mon NY down again how? safer to jump in on tue?

i guess we should adopt a "wait and see" attitude for now. There will be margin calls/ force selling these few days.

 

[NitroTech]

Sweet, what are you working as?

I'm a day trader. Equities.

 

[scanner]

Market is so RED in the now....

 

[NitroTech]

Market is so RED in the now....

Yup but off the lows already. Good day for trading. Nice range!

 

[Jem777]

High hopes, but I'm praying for SGX to go sub $13

 

[USM]

Buyers are coming in.

As expected, panic selling first, then buyers picking cheap stocks later.

Overall, the market is still bullish.

 

[raincool2005]

Buyers are coming in.

As expected, panic selling first, then buyers picking cheap stocks later.

Overall, the market is still bullish.

yup..

 

[Jem777]

yup..

Pro trader has arrived:lovegrin:



SGX didn't dip as much as I hoped it would.

 

[scanner]

Buyers are coming in.

As expected, panic selling first, then buyers picking cheap stocks later.

Overall, the market is still bullish.

Too early to say anything now, the most short to earn.
If you US market drop tonight again, then tomorrow is another RED.
However, I believe US Fed is going to cut interest rate again...
Any comment on this?

 

[Jem777]

Too early to say anything now, the most short to earn.
If you US market drop tonight again, then tomorrow is another RED.
However, I believe US Fed is going to cut interest rate again...
Any comment on this?

I think its a possibility but I dont really see it happening unless we get a couple more days like on friday. All I know is short term things are pretty damn cheap after friday. Friday really gave people some time to get into stocks that came out with great earnings but were down the following day IMO.

 

[raincool2005]

US futures dropped 131.

STI next support will be around 3550.

btw, i noticed not all blue chips are down exp.. F&N being collected by foreign banks like JPM, ML etc.. why are they collecting ? anyway.. it is a good sign. :thumbsup: