The Dow Jones industrial average tumbled more than 200 points, or 1.4%, Wednesday afternoon after Bernanke took questions from the media about the Fed's exit strategy. The S&P 500 also dropped 1.4% and the Nasdaq sank 1.1%. Stocks had been in the red all day, but were barely below the breakeven line before the Fed chairman began speaking.
Bond prices also fell sharply, sending yields higher. The yield on the 10-year Treasury note rose as high as 2.36% -- its highest level since March 2012. It had been hovering around 2.2% ahead of the Fed.
what price?....rilex dude....u can get in if it touch 0.75...if not reach 0.75 just tgk2 lain org heppy untung besar...i already in n out 2X...enogh laaa....waiting for tomollow show...
hi messi if you are not the 'T + x' player then you can go in when you feel the right price. If you are part of the 'T + x' player then better stay away from this counter :-)
when market is bad. technical readings (line of support, Moving average. candle top)cannot be relied upon. the bearish momentum will just kick out the so call resistance. this is my personal opinion
This is a good counter.... but if the saying that... market is always 6 months ahead is to be believed... this would be the time to sell and get the hell out of the market all together.... may b sept too early... not sept... slow down d qe starting jan 2014 only la... counting back 6 months is about NOW
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Lee Meng Fatt
5,194 posts
Posted by Lee Meng Fatt > 2013-06-20 11:27 | Report Abuse
let those traders fear, let them mad, let them lose, then only we can get more cheaper stocks