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Wednesday, September 29, 2010

today’s data 2010-09-29

Fannie Mae reported that serious delinquencies on single-family mortgages fell for the fifth consecutive month in July to a rate of 4.82%, a 10-month low, compared with June's reading of 4.99%. Serious delinquencies, which are loans of at least 90 days behind for single-family homes, declined in March from February among loans in Fannie's portfolio, marking the first month-over-month decline in three years, and they have been decreasing since then.

In other news, crude inventories dropped by 500,000 barrels for the week ended Sept. 24, while analysts had expected inventories in increase by 2.2 million. Gasoline reserves also decreased by 3.5 million barrels.

 

how many days, continually bad news come out. but the market holding well. the reason is 1150 still ahead.  

Although we are still on the bulls side, we need set some cut “loss” trigger to make us comfortable.

the word for this week is “Hold tight, and Stay Cool”

8 comments:

blueli said...

阿芳兄,不知道MM准备并排挂几个蜡烛,本以为今天明显的趋势可以走出来。

Anonymous said...

we said yesterday, bulls need have some rest or take a short break before break through.

it takes some time. it's better than dip back and rebounce. it shows the market is very strong. they don't let short cover.

We need check the volumn again, if it's kind of high. we need take care.

Still in my opinion, this week will be fine.

blueli said...

谢谢阿芳兄

blueli said...

阿芳兄,今天的这个怎么看?目前一把利剑往上!!

Anonymous said...

http://ttnotes.blogspot.com/2010/09/watch-out-bears.html

Hold tight, and Stay Cool

blueli said...

谢阿芳兄。
能不能帮我看看bidu,是不是这几天调整后继续发力?谢谢

Anonymous said...

I dare not tell too much, since I could be wrong. my friend. 
不敢乱讲个股, 怕害了你。 :)

顺势而为。

blueli said...

恩,没关系,我只是想听听你的想法。
这几天走势是蛮恶心的,两边都有可能,感觉还是小心为妙。

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