Re: Watch Out
^ That is brilliant, keep it up. :k:
Re: Watch Out
^ That is brilliant, keep it up. :k:
Re: Watch Out
A very interesting article:
Nouriel Roubini: I fear the worst is yet to come - Times Online
Re: Watch Out
The week has started with heavy falls in Far East and European markets opening very weak. FTSE is currently down 187 points or 4.81%
Re: Watch Out
last night when future and commodities market opened i couldnt believe my eyes but its retrasing now a bit, and u never know wats gona happen in the last hour.
Re: Watch Out
Currently US markets are resisting anymore fall, at the moment DJI is +110 and Nasdaq is +3, both had swings in positive and negative territories so far.
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i entered in s&p at 865 and it had a free fall lol scared the heck outa me, wooooh positive zone again
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In the late minutes free-fall DJI (-2.49%), Nas(-2.97%), S&P(-3.19%) all jumped the cliff!!
Re: Watch Out
Dow lost another 203 points to finish at 8175. The reason the market falls in the last hour is mostly due to hedge funds liquidating their positions to raise cash for either the margin calls or paying people who have liquidated their positions in their funds. Hedge funds unwinding could be the big time undoing of this market.
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its always the last hour.err
dil ke armaan ansoo'on main beh gaye
hum to investor ban ker bhi tanha reh gaye :(
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^ & ^^ this is exactly I was thinking, why its the last hour or last few minutes when market changes its track? Sometimes it sky-rockets and sometimes it nose-dives ![]()
Re: Watch Out
according to my understanding (that might be wrong)
volume is so low in the markets that only a bunch of billionare groups are running the markets now a days, if the short the stocks in the morning the do profit taking at the close and if they buy the stocks in the marning they again do profit taking at the close.
Re: Watch Out
markets continue to fall further.
On a good note, crude oil is at $62. Great news for petrolheads like myself. :D
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Today market is up (as expected) probably expecting the rate-cut by Feds.
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^^ yeah it was going up but thanks to consumer confidence report :s its having a free fall now.
there is a very good buying oppurtunity in Gold here, only 730.
did any body do long term buying like me??
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^ Market wobbled for sometime now going up, guess it shrugged off the consumer confidence. I am not buying anything till market goes to DJI 7500 or Nasdaq 1400.
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Will the market rally if the Fed cuts rate to 1%? Or would that be taken as "oooh recession is even closer" and accelerate selling?
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^^ lolz to be honest if it was gona happen in normal circumstances i would have said that it would go up for first 2 days and then retreat cuz rate cuts is not a good sign, but now a days only knows how the market is gona react on any news lol:s
on good news market goes down and on bad news it goes up :s its all on the major investors how do the interpret the news.
but i m buying my head off. if it goes to 7500 i would more but cant lose this chance. everyday i buy for short term and it turns out to be positive alhumdulilah, but also buying for long term, and by long term i mean after election days.
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The market closed strong partly because of the end of the month window dressing and a bounce after days of falling markets. The volatility will continue. For the fed rate cut to have any lasting impact on the markets it will have to be a coordinated effort with the European and UK central banks.
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LOL m feeling like a pro (H) alhumdulilah
last time i said market is gona have 1000 point rally and everyone made fun of me and it had 936 points rally.
and then i said if it breaks 837 its gona have a strong rally again and disagreements and it made 900 points today Alhumdulilah
BUY
BUY
and keep buying:D
Re: Watch Out
Fed cut the the interest rates by 50 basis points to 1% and the market is struggling.