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Now I feel better now,time not good,still got ppl wanna sell,,,,,,bbbb is not around from Q,,,,,,
A lot of yo-yo recently..
Dow drops sharply and closes below 15,000
Click on chart for more markets data.
NEW YORK (CNNMoney)
A sell-off in stocks accelerated Thursday, as major indexes fell 1% while Washington remains paralyzed and the nation approaches the deadline for raising the U.S. debt ceiling.
The Dow ended below 15,000, a psychologically important level, for the first time in almost a month. The Nasdaq and S& P 500 also declined sharply.
Meetings at the White House between congressional leaders and President Obama have failed to produce a breakthrough. Thursday marked Day 3 of the government shutdown, and Washington gave no sign of preventing a fourth. It's making investors jittery. CNNMoney's Fear & Greed index even briefly slid into Extreme Fear mode.
Thursday's losses also meant the Dow and S& P 500 have dropped for nine of the past 11 trading days,
" I think probably at the beginning of the week people didn't think it would take so long to sort out," said David Jones, chief market strategist at IG Markets in London. " The fact that it's dragged on is making people a little bit nervous."
Doug DePietro, an equity trader at investment bank Evercore, noted that the S& P 500 also broke below its 50-day moving average, a key technical level that triggered additional selling by institutional investors.
" With each day that goes by without a deal, confidence continues to wane," DePietro said.
More troubling for Wall Street is the risk that the political stalemate could prevent the debt ceiling from being raised, meaning the government may not be able to pay all its bills later this month.
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Singapore already reacted. Dow insiders. Open down 50 pts already dont kea kiang go and shot. Buy big big . 1000s 1000b. Contra. Especially good stocks like Rex, UoL
Dow minus 3 digits. Rotton durians droppings for most counters. Good luck.
My long Dow alive again... Close green green... Lol
Dont underestimate the shut down effect. Stay clear till 17 oct. Meanwhile follow us govt loh, shut down n go see movies bah.
Peter_Pan ( Date: 03-Oct-2013 22:37) Posted:
yah dow super down...tomorrow shake head shake leg anything also shake leow
bishan22 ( Date: 03-Oct-2013 22:27) Posted:
| More shorting tml. Dow extremely red again. Huat arhhhhh. |
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OBAMA keep hinting to wall street. He indirectly telling the Republicans holding his budget proposal that, if the GOV remain shut, financial institution and wall street is going to be hit hard.
What that mean is DOW would plunge................. shares would plunge................. he knows some big wig of Republican hold large shares in some huge companies.....................................
Their action of holding up the approval of budgets would ultimately harm their own wealth.................
He tries to hurt them where it would hurt most - in their pocket via wall street. To hopefully force the Republican to give in.
In a way - (OBAMA) he is torturing the Republican and indirectly the world stocks market..................
Its his last term as President , he care less if People starts to hate him................his health insurance covers the poor, he only cares for the less fortunate and not the middle class or Wall streets................
.............the longer they are at logger head, the longer stocks holders suffers as price of stocks slights by day with uncertainty..................
Obama is playing a mind game with the Republican...........a game of brinkmanship see who brink first who loose.........................
BUT I think there will be no winners if they carry on like that............................
yah dow super down...tomorrow shake head shake leg anything also shake leow
bishan22 ( Date: 03-Oct-2013 22:27) Posted:
| More shorting tml. Dow extremely red again. Huat arhhhhh. |
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More shorting tml. Dow extremely red again. Huat arhhhhh.
shorting activities appear to be toning down.
Red? ok la... still little green for me le..... Tonight make it green green.....
Dow fiutures in the red territory.
hsi nice closing sti pending
why?
Isolator ( Date: 03-Oct-2013 15:28) Posted:
| Buy into usd....... any asset..... |
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Buy into usd....... any asset.....
By Richard Rubin, Roxana Tiron & Kathleen Hunter - Oct 3, 2013 12:00 PM GMT+0800
The first face-to-face talks between President Barack Obama and congressional leaders failed to break the budget logjam as a partial U.S. government shutdown entered its third day.
The Oval Office meeting yesterday evening ended with both sides reiterating their positions and the points they?ve been making for days, raising the prospect of a prolonged standoff over the government shutdown and raising the U.S. debt limit.
Democrats, including Obama, say Republicans must end the shutdown and raise the debt ceiling as a precondition to talks on broader budgetary disputes. Republicans want to use the fiscal deadlines to extract changes to Obama?s health-care law.
?They will not negotiate,? House Speaker John Boehner, an Ohio Republican, said after the hour-long meeting with Obama and other congressional leaders. ?We had a nice conversation, a polite conversation, but at some point we?ve got to allow the process our founders gave us to work out.?
Neither side budged yesterday. The first government shutdown since 1996 and the debt-limit debate continued to merge into a messy month of standoffs.
House Republicans plan to advance a debt-limit bill while the government is shuttered, resurrecting a plan that included a long list of party priorities, according to a Republican lawmaker and two leadership aides who asked for anonymity to discuss the strategy.
?Locked In?
Democrats, including Obama, said Boehner should just allow a vote on funding the government and rely on support from Democrats and a group of House Republicans willing to accept a funding extension through Nov. 15 at the spending levels Republicans prefer.
hsi losing steam sti likely to follow..likely..maybe..
