Dow Jones

Re: Dow Jones

World Markets are down, Monday is going to be nasty.

Re: Dow Jones

Nikkei down nearly 4%, looks nasty.

Re: Dow Jones

Just read this :

Tokyo's benchmark stock
index plunged more than 3 per cent Monday morning amid investor concerns about
anti-Japanese protests in China.

The Nikkei Stock Average of 225 selected issues closed down 432.25 points, or
3.80 per cent, to end at 10,938.44 points - its lowest point since Dec. 16 when
it closed at 10,024.37. The index lost 192.48 points, or 1.66 per cent, Friday.
Stocks plunged because of concerns about spreading anti-Japan protests in China,
as well as Wall Street's steep declines last week.

Investors are increasingly becoming nervous about the U.S. stock outlook and
China-Japan tensions, said Shinko Securities equity strategist Tsuyoshi Segawa.

Even when the Nikkei lost 14 per cent between April and May last year,
"situations surrounding the market...weren't as uncertain as they are now,"
Segawa told Dow Jones Newswires.

Massive anti-Japanese protests swept across China this month, damaging Japanese
diplomatic buildings and vandalizing businesses fueled by anger over Japan's
wartime aggression and anxieties about Tokyo's military and diplomatic
ambitions.

Fears have emerged about the possible impact on Asia's two largest economies,
which are closely linked by trade and investment.

Japan's top government spokesman expressed concern about the plunge.

"It is possible concerns about Japan's relations with neighboring countries may
have been (one) reason for the decline. We need to keep watching the development
until things become stable," said Chief Cabinet Secretary Hiroyuki Hosoda
Monday.

The broader TOPIX, which includes all issues on the Tokyo Stock Exchange's first
section, also shed 41.18 points, or 3.58 per cent, to finish Monday's trading at
1,109.49. On Friday, the TOPIX lost 17.75 points, or 1.52 per cent.

In New York Friday, deepening concerns over economic growth and higher prices
led to the worst week of trading since August.

The Dow Jones industrial average fell 191.24, or 1.86 per cent, to 10,087.51 -
its lowest close since Nov. 2. With Friday's losses, it was also the first time
the Dow lost 100 points three sessions in a row since late January 2003.

The Nasdaq composite index dropped 38.56, or 1.98 per cent, to 1,908.15 for its
worst showing since Oct. 25.

In currency trading, the dollar was trading at 107.84 yen at 3 p.m. (0600 GMT)
Monday, down 0.47 yen from late Friday in Tokyo but above the 107.76 it bought
in New York later that day.

The euro rose to US$1.2893 Monday afternoon from US$1.2843 late Friday. Against
the Japanese currency, the 12-nation European currency fell to 139.01 yen from
139.15 yen.

The yield on Japan's benchmark 10-year government bond slipped to 1.2700 per
cent from Friday's finish of 1.3050 per cent. Its price rose 0.31 point to
100.26.

Re: Dow Jones

SHUU HAZAA’AA :eek: ???

Re: Dow Jones

6 points from 10,000 10 minutes to go.

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Closed at 10012, Ebay results due shortly.

Re: Dow Jones

Touched 10000.98 intra day.

Re: Dow Jones

Ebay earnings come in at 20 cents against estimates of 18 cents. Some recovery in Dow futures, up from 10,000 to 10024.

I still think the market is going down as today's CPI showed that inflation is creeping up. Interesting times ahead.

Re: Dow Jones

dow up over 200 points, best day in 2 years.

And it’s offical (like anyone doesn’t know by now) Google is taking over the world.

Google had net income of $369.2 million, or $1.29 a share, in the first quarter, compared with $64.0 million, or 24 cents a share, a year earlier.

http://quote.bloomberg.com/apps/news?pid=10000006&sid=aYnPnYfSpqX4&refer=home

Re: Dow Jones

Google tv coming to a house near u

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Can it hold the gains though.

I missed going long of the market :(

Still, managed to participate in some of the upside as I am long of Ebay.

Re: Dow Jones

oil prices now slightly above $55 per/b, 6% increase for the week.

Dow down 140 and Nasdaq down 2%.

Apparently fears of a nuke test by NK also playing in.

Re: Dow Jones

Down a qucik 60 today, maybe it will dip below 10,000 today.

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Ends off about 125 today 72 above 10.

Re: Dow Jones

Dow took a tumble on rumours that a hedge fund has suffered huge losses on its GM position. Dowclosed down 103 points.

Re: Dow Jones

Market moving around rapidly.

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At its worst the dow futures were down 227 points but have recovered to now down only 55.

Re: Dow Jones

Who’s your daddy now :smokin:

Re: Dow Jones

^ Dow is at 10810 currently, that is not mid to low 10’s, it is higher end of 10’s. :snooty:

Re: Dow Jones

Dil pe mat laiN bhai :p

This year turned out to be a disaster for me. I took big risks and not a single one of them played right for me. All I have to say, in my defense, is that I was hugely distracted. Only if I had followed my own advise, things would have been much different.

I havent planned out a strategy for 2006 yet. In the next 2 weeks I am planning to do a portfolio makeover.

I did however increased my stake in KSE and that almost made up for my losses on the NYSE.

The next years outline for me is to increase my stake in the Pakistani market by about 500%.

NYSE can wait. Unless things change dramatically I am not going to add any more money in 2006, well nothing significant is what I should say.

I am currently hoarding up on HAL, almost everyday. Consider this my tip.