Futures Down After Shanghai Composite Plunges On Slowdown In Housing Prices, Foreign Trade; BoJ Policy

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Tue, 08/10/2010 - 07:37 | 512204 MiningJunkie
MiningJunkie's picture

Empty homes do not a boom make....

Tue, 08/10/2010 - 07:41 | 512206 papaswamp
papaswamp's picture

NFIB Small Business survey declines..from 89 to 88.1.

Tue, 08/10/2010 - 08:01 | 512232 GIANTKILR
GIANTKILR's picture

If all this negative news would have been announced in the US markets, we would have finished up 3%! Damn Chinese need to take some lessons!

Tue, 08/10/2010 - 08:16 | 512246 Tense INDIAN
Tense INDIAN's picture

absence of HFTs probably

Tue, 08/10/2010 - 08:07 | 512235 Leo Kolivakis
Leo Kolivakis's picture

Another gift to traders....BUY THE DIPS!

Tue, 08/10/2010 - 08:26 | 512258 SheepDog-One
SheepDog-One's picture

Leo can you write another 99% cut n paste article please, and WHERE is that big employment jump you've been yappin about for quarters? 'Buy the dips' derrrrrrrrrr.

Tue, 08/10/2010 - 09:12 | 512264 Leo Kolivakis
Leo Kolivakis's picture

Sheep,

If you think doing what I do is easy, by all means, start a blog. The reality is you can NEVER do what I do, so I suggest you piper up, and enjoy the time & effort I put into my posts. On employment, the wage bill was up, so consumption will remain strong, but the GDP downward revisions were brutal, suggesting the output gap is wider than first anticipated. On the stock market, I've been making money, buying the dips. There is no imminent collapse of the world economy. PERIOD.

Tue, 08/10/2010 - 09:25 | 512360 No Mas
No Mas's picture

I was going to make the same comment, but "tounge in cheek".  You appear to be serious with your suggestion.

What do you believe should be bought in this morning's dip?  I'm guessing solar.

Would this include FSLR?

Tue, 08/10/2010 - 09:35 | 512388 Leo Kolivakis
Leo Kolivakis's picture

Keep an eye on JASO this morning, and LDK solar tomorrow.

Tue, 08/10/2010 - 10:22 | 512487 No Mas
No Mas's picture

Thx

Tue, 08/10/2010 - 11:25 | 512662 Grand Supercycle
Grand Supercycle's picture

SP500 important chart update :

http://stockmarket618.wordpress.com

Do NOT follow this link or you will be banned from the site!