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After the news, DOW has pulled back from down 90pts to now down 60pts....
Bernanke says economy to gain steam
Fed Chairman Ben Bernanke says economy will see gradual growth this year and strengthening next year, but warns that housing drag may persist, inflation a worry.
http://money.cnn.com/2007/07/18/news/economy/bc.usa.fed.bernanke.reut/index.htm?postversion=2007071810
Hope for a better tomorrow.
Good news!!!! Today sell down panic shld be sellers excuse on the government 50-70% tax increase for property development(which has nothing to do with Rowsley).../// With Peter's backing & the latest news by Bernanke, tomorrow shld recover back to 40cts at least I think.....
July 18 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke predicted American economic growth will pick up slightly next year and inflation will gradually recede.
``The U.S. economy appears likely to expand at a moderate pace over the second half of 2007, with growth then strengthening a bit in 2008 to a rate close to the economy's underlying trend,'' he said in testimony to the House Financial Services Committee in Washington. ``Core inflation should edge a bit lower, on net, over the remainder of this year and next year.''
wrost case wil hold it,but dun know how long it takes to recover back to tis level ,sigh
Someone gain, someone lost, there is no sure win, but to minimise the the risk.... It is rather risky to go in at 40+++, as it gain from 20+...
Need some advise for rowsley ,got 100 lots brought at 0.415 today,is it advisable to hold it or just cut off the losses,tks
Agree with KiLrOy, not everyone makes 'huge' money ... in a bull run. Greed and fear of human nature are factors we need to control. But I understand it's easy to say than do.
The element of risk is higher if one buys a stock at a all time high price. The risk is for the price to retrace during a correction. In a bull market not everyone makes 'huge' money ...
Lucky gotten out this morning at 41c...was regretting it when it soar to 44c....suddenly now its dropping like mad! What happen...i notice all counters are experiencing this.....whats happening???
The fun just begin...
Isn't suppose to be healthy to have a retraction after such a huge jump?
Master Lim is at play & no one will know his next move.
bbs are not keeping. they are escaping with minimal loss
i just let go half of my holding at 0.39. it's sliding. by tomorrow if it continues i will off load all. threshold 0.35
hey dropping damn fast
gd luck 4 those invested!
i think it will drop today.
Need to wait for the magic hour later 4pm..
hi Isqnet, seems like today's trade after 2pm never cheong like yesterday. what do you think, let go today if go up to 0.42?
is Moving slowly up nw 0.41
maybe you want to wait a bit more? its 0.41 now. See if it drops at 2, if it doesnt, keep it. Still got hope mah.
Anyone can advise whether will this share go up some more? I bought at 0.42c now drop till 0.405.
Sianz.....
Summatry: for morning trade, after might have another go at it by BBs form 41ct
| Last | Trades | Volume | Bid Volume | Mid | Ask Volume |
| 0.390 | 68 | 5,416,000 | 5,416,000 | 0 | 0 |
| 0.392 | 1 | 40,000 | 0 | 40,000 | 0 |
| 0.395 | 268 | 30,666,000 | 11,882,000 | 3,778,000 | 15,006,000 |
| 0.400 | 310 | 34,975,000 | 18,480,000 | 0 | 16,495,000 |
| 0.405 | 221 | 16,129,000 | 4,475,000 | 0 | 11,654,000 |
| 0.410 | 139 | 10,245,000 | 3,783,000 | 0 | 6,462,000 |
| 0.415 | 254 | 26,551,000 | 14,547,000 | 0 | 12,004,000 |
| 0.420 | 240 | 22,473,000 | 10,113,000 | 0 | 12,360,000 |
| 0.425 | 286 | 20,334,000 | 7,357,000 | 0 | 12,977,000 |
| 0.430 | 170 | 16,324,000 | 3,664,000 | 0 | 12,660,000 |
| 0.435 | 95 | 6,646,000 | 2,723,000 | 0 | 3,923,000 |
| 0.437 | 1 | 20,000 | 0 | 20,000 | 0 |
| 0.440 | 23 | 891,000 | 0 | 0 | 891,000 |
| TOTAL | 2,076 | 190,710,000 | 82,440,000 | 3,838,000 | 104,432,000 |