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Date:
Wed, 29 August 2007 9:57 WesternIndonesiaTime
Subject:
Down Jones Chart Downturn After My Curved Blue Arrow
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A large US flag is displayed on the
front of the New York Stock Exchange, April 2007. Wall Street's
blue-chip Dow Jones index vaulted Tuesday above 14,000 for the first
time as optimism over the outlook for the economy and corporate
earnings kept the market rally on track.
(AFP/File/Stan Honda)
AFP/File - Tue Jul 17,
2:45 PM ET
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Traders work on the floor of the New
York Stock Exchange after the opening bell, February 2007. The
leading Dow Jones Industrial Average stock index plummeted over 400
points in afternoon trading Thursday, or almost three percent, amid
housing market and "credit crunch" fears, traders said.
(AFP/File/Stan Honda)
AFP/File - Thu Jul 26,
3:20 PM ET
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Wall Street moved soundly
higher Thursday, sending the Dow Jones industrials to their
first close above 14,000 as investors kept jitters about the
eco
By TIM PARADIS,
AP Business Writer
Thu Jul 19, 2007, 4:40 PM ET
NEW YORK - Wall Street moved soundly higher
Thursday, sending the Dow Jones industrials to their first
close above 14,000 as investors kept jitters about the economy
at bay and focused on a string of upbeat earnings reports.
The Standard & Poor's 500 index also had a
record close.
Profit news from companies like
International Business Machines Corp., network equipment maker
Juniper Networks Inc., and business software company SAP AG
help lift stocks and boosted investors' appetite for
technology issues.
Resurgent concerns about the health of
subprime loans, which are made to borrowers with poor credit
history, hurt financial stocks, while a report that a would-be
suitor for Alcoa Inc. had lost interest kept the Dow Jones
industrial average from extending its gains.
The flurry of corporate news Thursday
coincided with Fed Chairman Ben Bernanke's return to Capitol
Hill for the second day of his semiannual report to Congress
in which he said problems such as foreclosures among holders
of subprime mortgages are "likely to get worse before they get
better." Also, a research group predicted Thursday that the
housing slump will cause the economy to contract slightly in
coming months.
"I don't see any big conviction by anybody
to leap into the market but we're all terrified to not be
players," said Jeffrey Dunham, principal at Dunham &
Associates in San Diego. "It's gone awfully far in an awfully
short time and the market is trying to figure out 'Is this a
head-fake or is this the real deal?'"
According to preliminary calculations, the
Dow rose 82.19, or 0.59 percent, to 14,000.41. The blue chip
index throughout the session danced around the 14,000 mark,
having first reached it on Tuesday but not closing above that
level until Thursday. The Dow's close topped the previous
record of 13,971.55 set Tuesday and marked the index's 32nd
record close of the year.
Dow plummets over 400
points
AFP - Friday, July 27, 2007
NEW YORK (AFP) - - The leading Dow Jones
Industrial Average stock index plummeted over 400 points in
afternoon trading Thursday, or almost three percent, amid
housing market and "credit crunch" fears, traders said.
Around 1625 GMT, the Dow was down 403.35
points, or 2.93 percent, at 13,381.72 points, while the
tech-heavy Nasdaq composite dropped 82.57 points, or 3.12
percent, to 2,565.60.
The New York Stock Exchange's so-called
"trading collars" were engaged, limiting certain types of
electronic trading, after the Dow fell more than 190 points. |
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Unexpectedly the blue curved arrow in my
previous letter of 21 July 2007, "Breaking
the "Chain Reaction" of TS Car Accident", has "latched" the whisk
of Dow Jones high level record breaking.
After the previous vehemently
breaking
the record high of 12,000 for the first time in its 110-year
history in October 18, 2006, Dow Jones thrive to another record high
of 14,000 on July 19, 2007. Unwittingly, the prognosis of
predisposition to reach 17,000 bottled up after my writing the
letter with curved blue arrow. On 26 July 2007, Dow Jones
experienced giddy downturn of plummeted 400
points for the first time in 5 years. As if such logjam has been my
undertaking through the blue curved arrow. I really feel sorry about
this.
Irrespective of whether or not there is
such an efficacy of my letter to Dow Jones index, I certainly hope
this elusive idiosyncrasy bound for positive repercussion in the
near future.
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Date:
Wed, 29 August 2007 10:38 WesternIndonesiaTime
Subject:
Mr. Carlos Slim Between Fortune and Forbes
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Mexican tycoon Carlos Slim smiles during the
Reuters Summit in Mexico City in this March 24, 2006
file photo. Slim, who is estimated by some
calculations to be wealthier than Microsoft founder Bill Gates,
said on Thursday he did not care if he was the
world's richest person.
(Andrew Winning/Reuters)
Reuters - Thu Aug 2, 9:04 PM ET |
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Mexican telecommunications tycoon Carlos Slim
speaks during the 2006 IV World Water Forum in Mexico City.
Microsoft founder Bill Gates has lost his claim as the world's
richest person, ceding the title to Slim, according to Fortune
magazine.
(AFP/File/Luis Acosta)
AFP/File - Wed Aug 8, 4:01 AM ET |
Recent news about Mr. Carlos Slim becoming
the world's richest person came from
Fortune magazine, while my previous data of came from Forbes.
Previously, there was the news that Forbes did
not comment on the report from Eduardo Garcia, who runs a financial
Web site called Sentido Comun ("Common Sense"), about similar news of Mr.
Carlos Slim. But said "the magazine's next valuation of Gates' wealth will
appear in September, in the annual Forbes 400 list of the richest
Americans". Slim's wealth won't be recalculated by Forbes until its next
world billionaires list in March 2008, the company said.
Whatever. The important thing is that may the
wealth of anyone on top of the list could be useful for the good of this
world.
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