Stock Market Thread - ALL COMBINED
- Thread starter vinnie
- Start date
I did not see in that artical all the money still on side line starting to creep in. Over two trillion and close to three.
Even so he's right the SP 500 will correct big when it does at I believe level of 1010/1030.
However the drop will stop around 880 not 550And then we buy buy SSO witch were selling at 1005 soon. And start over. Just my thoughts from my reserch. Im still a bull but trying to use some common sence.
Even so he's right the SP 500 will correct big when it does at I believe level of 1010/1030.
However the drop will stop around 880 not 550And then we buy buy SSO witch were selling at 1005 soon. And start over. Just my thoughts from my reserch. Im still a bull but trying to use some common sence.
Maybe it,s time to watch BEE. Volume is up. It bottom ar around 60c and peek at 11 and change. It,s at 1.50 now. Play on resorts and hotels.
FRANKFURT, Sept 17 (Reuters) - The world economy is now on its way to sustainable recovery but the way up will be a slow one, the chief executive of aluminium producer Alcoa Inc (AA.N) told a German magazine on Thursday.
"The freefall has ended... I now see again a series of positive signs," Klaus Kleinfeld told Capital.
"I believe the uptrend is sustainable but I do not expect that we will have a quick, jerky upward movement. I believe the level will stabilise and then gradually proceed further up."
He said the aluminium price is now at $1,900 per tonne after having fallen as low as $1,100 per tonne.
"This increase is a completely important indicator," he added.
A second indicator is that distributors' inventories are empty, with inventory depletion reaching levels "never seen since Alcoa was founded".
Time to fill the ships :0corn
"The freefall has ended... I now see again a series of positive signs," Klaus Kleinfeld told Capital.
"I believe the uptrend is sustainable but I do not expect that we will have a quick, jerky upward movement. I believe the level will stabilise and then gradually proceed further up."
He said the aluminium price is now at $1,900 per tonne after having fallen as low as $1,100 per tonne.
"This increase is a completely important indicator," he added.
A second indicator is that distributors' inventories are empty, with inventory depletion reaching levels "never seen since Alcoa was founded".
Time to fill the ships :0corn
Seaspan Corporation (NYSE:SSW - News) announced today that it accepted delivery of the MOL Eminence from Hyundai Heavy Industries Co., Ltd. on August 31, 2009. The 5100 TEU containership is Seaspan's fifth newbuilding in 2009 and expands the Company's fleet to 40 vessels. The MOL Eminence is chartered to Mitsui O.S.K. Lines, Ltd. under a twelve-year, fixed-rate time charter that requires MOL to pay all fuel, cargo-operating and related costs.
Gerry Wang, Chief Executive Officer of Seaspan, said, "The MOL Eminence represents the fifth vessel we have taken delivery of in 2009 and fortieth overall. We continue to execute our business model and have further expanded our sizeable contracted revenue stream derived from major liner companies primarily based in Asia. Upon delivery of our full fleet of 68 vessels, Seaspan's contracted revenue stream is expected to grow by about 218% to approximately $7 billion and its annual revenue is anticipated to rise about 145% to approximately $700 million.":0corn
