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Oct 10th, 2008, 03:15 AM
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#21 (permalink)
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Dil pr mat ly
Join Date: Nov 27, 2005 - 2:18 pm
Location: Ham whan hain jhan sy ham ko bhi hmari khabr nahi ati
Posts: 18,905
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Quote:
Originally Posted by ehsan
yeh business forum hai, cafe nahin  |
 Yeh main kahan or kaisy a gai babu saith or sahu kar logon main:masoom smiley:
PS: waisy stock market ki halat apny bychary purany ashiq qisam ky kangal or faqa kash shairon jaisi patli nahi ho gai bhala
YAZEED-UN-Nisa!
Last edited by goodnews; Oct 10th, 2008 at 03:22 AM..
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Oct 10th, 2008, 11:36 AM
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#22 (permalink)
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Senior Member
Join Date: Jan 25, 2008 - 11:55 am
Posts: 4,726
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Nasdaq goes below 1600 (currently at 1581) while Dow dipped below 8000 for short time and is now around 8216, chances are higher that it will close around or below 8000. Lets see!
saaray Pakistan ka ek hi naara: ehtasab ehtasab!
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Oct 10th, 2008, 12:40 PM
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#23 (permalink)
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Kher Andesh
Join Date: Sep 9, 1999 - 3:00 pm
Location: California
Posts: 23,309
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Quote:
Originally Posted by EcoShan
ayite
ive been talkin to and listening to these big international investors, and everyone has agreed to one thing, that there are 60 percent chances that we r gona see a huge rally tommorow that will break records, and 40% its gona get so ugly that it would go to 7500. in either cases next week is a huge bullish market and from huge i mean record breaking.
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As soon as the market opened today, Dow immediately dropped 800 points like bangggg!!!! wow.... its still down about 300 points (12:30 pm EDT). Anyone betting against the bears at this point should do so at their own peril.
"Let your friends underestimate your virtues. Let your enemies overestimate your faults." - Godfather.
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Oct 10th, 2008, 12:51 PM
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#24 (permalink)
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Senior Member
Join Date: Jan 25, 2008 - 11:55 am
Posts: 4,726
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In last "recession" (in 2001) Nasdaq dipped to 1139 (30 Sep 2002), now we are talking about "depression" why would Nasdaq not go to that level (or below)? DJI slipped to 7528 on that day. Nasdaq was probably worst hit in that phase probably because of "dot-com/telecom bubble bust" and in this time DJI would probably be worse hit as DJI has more finance institutions..... so chances of DJI going below 7500 are higher, what do you guys think?
EDIT: 4 out of 30 is not enough
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Oct 10th, 2008, 12:52 PM
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#25 (permalink)
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Senior Member
Join Date: Sep 25, 2008 - 10:30 pm
Location: Hamilton, Canada
Posts: 1,964
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Quote:
Originally Posted by Faisal
As soon as the market opened today, Dow immediately dropped 800 points like bangggg!!!! wow.... its still down about 300 points (12:30 pm EDT). Anyone betting against the bears at this point should do so at their own peril.
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bro wat happened after that?????? lol
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Oct 10th, 2008, 02:08 PM
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#26 (permalink)
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Dil pr mat ly
Join Date: Nov 27, 2005 - 2:18 pm
Location: Ham whan hain jhan sy ham ko bhi hmari khabr nahi ati
Posts: 18,905
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Quote:
Originally Posted by ehtasab
Nasdaq goes below 1600 (currently at 1581) while Dow dipped below 8000 for short time and is now around 8216, chances are higher that it will close around or below 8000. Lets see!
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Aisy moqy per kehty hain (Lets say)"Inna Lilahy wa inna ilahy rajyoon" bara sukoon milta hy dil ko
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Oct 10th, 2008, 02:22 PM
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#27 (permalink)
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Kher Andesh
Join Date: Sep 9, 1999 - 3:00 pm
Location: California
Posts: 23,309
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Quote:
Originally Posted by EcoShan
bro wat happened after that?????? lol
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Right now Dow is down 570 points. More LOL, I'd say....
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Oct 10th, 2008, 03:37 PM
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#28 (permalink)
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Senior Member
Join Date: Oct 7, 2003 - 4:29 pm
Posts: 2,268
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There come bargain hunters. Dow is actually UPPPP 1% after 800 points decline today.
You have the right to remain silent, anything you say will be misquoted, then used against you.
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Oct 11th, 2008, 01:50 PM
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#29 (permalink)
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Member
Join Date: May 14, 2005 - 1:10 am
Posts: 386
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Quote:
Originally Posted by Asif2000
There come bargain hunters. Dow is actually UPPPP 1% after 800 points decline today.
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Actually, looking at the volume, selling seems to have slowed in the last 30 minutes. So it may not have been bargain hunter in the last 30 minutes. Looks to me like it was the big sellers baiting the small investor to stay in the market. I didnt see the kind of capitualition that would suggest a bottom to me. I expect to see a dead cat bounce on Moday. I would be selling into any rallies, at this point. Then, again I have been wrong many times
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