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Blood Bath Day

DJ down 400 points!!!

Came back from lunch...down 400 points! That's horrible!!!

Stupid oil price went up by 11 bucks in one day and apparently the US unemployment rate went up, which is expected...

Hm...the snowball is rolling bigger and bigger...not good not good...

paper loss...it should be fine..I entered at a low price...I should be able to break even at least....wiped out my gains though...

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ERTS...expected to be just a short term hold...like 2 weeks...see if I can get rid of that in 2 weeks

almost everything on my radar has dropped more than 2% today....pretty bad...all RED!

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原帖由 daimo 於 2008-6-6 16:39 發表
trending down bor ... 50days R.S. at 0.95 ...

MA         Price           %           Slope
10 Day         49.10           96.9           DOWN
21 Day         50.19           94.7           DOWN
50 Day         51.00           93.2           DOWN
200 Day         52.80           90.1           DOWN

since I was planning short term, I just used MACD and RSI

I think ERTS below 50 is a buy...plus there's the Take Two bidding going on...easy to fluctuate up or down

What I'm looking for is not that much, I'm not greedy, even at 52 I'll sell.

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原帖由 MyOMy 於 2008-6-6 16:49 發表
You have to see my mining stock. Have ups and downs that you won't believe.

Good Luck !

I have stocks that went up and down more mining stocks before...but I won't hold a big chunk of those anymore.

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原帖由 快樂牛郎 於 2008-6-6 23:18 發表
正常上落
有咩特別
頂唔順就賣
唔捨得賣就唔好睇

For ERTS it's 正常上落.

But if you meant Dow Jones, then do you know how many points is 正常上落 for DJ? sigh... 400 points in a day is quite rare wor

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原帖由 bugspray 於 2008-6-10 02:05 發表
If you have spare cash, its good time to buy. Once Bush is gone, Iraq war will end. Less drain on US treasury.

market is taking a big hit by the oil prices...

also, I don't really know if Iraq war can really come to an end...

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I don't know if recession will lower oil prices significantly this time...the question is...if US goes into recession, will China follow?

It's normal in this time of the year to have a slow market due to the fact that a lot of people will take vacation during this time...but I hope I don't need to wait till October...

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原帖由 daimo 於 2008-6-10 14:18 發表
SB, will you buy AAPL?

if I have extra cash I might, but I'm tied up by ERTS right now...sigh...missed the boat at 120 a couple of months ago, now it doesn't look too cheap and it hasn't dropped a bit since the runup int the pass couple of months...

the new iphone looks promising...and with that price I think it can sell a lot!  BUT I don't know what's their profit margin though...cost is high and if price is low, then how much can they make???

[ 本帖最後由 shutterbug 於 2008-6-10 14:34 編輯 ]

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daimo, RIMM shot up like crazy...and it's keep going up up up...good for you wor...

IMO, iphone and BB are two different animals

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