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Enthusiastic come back. Its why i urge you never to reach for stocks. Not to chase them up high. When you chase you get burned. The dow opened up 360 points and then the market went into a tail spin late in the afternoon. Dow sinking 205 points. S p plunging so beautiful all day and nasdaq declining. 44 . It was if biggest downside reversal since the financial crisis. We didnt have the ingredients as stocks rallied off the openi opening. Its the bane of the stock markets existence. It was all bad news. Wrong. How come we were able to rally at all let alone surge big for most of the day . We were dramatically oversold mean we had gone down so far so fast, almost 1500 dow points in three days and we were due for a bounce it seemed, albet a temporary one. But only as we opened down as i was hoping this morning. Second reason for the morning rebound, the chinese seemed to have woken up to the idea they should stop trying to pop up their stocks including much junk. More on that later and in ....
Than annihilated overnight. U. S. Futures surging after Chinas Central Bank announced they are going to a similar jump in futures after china announced a rate cut but that 441 point rally in the midday session was wiped out by the end. The blue chips closing down 205. The s p has lost 2 trillion in market cap over the past seven sessions. You did not like yesterdays open. Do you like this one in. I think there will be a better time if you want to buy. I think there have been some bargains created. Thats a big difference. I think yesterday is funny. We should have been down one . Yesterday europe was pushing the euro down. Interest rates werent that good. Interest rates not that good. We have a couple things i like. Schlumberger is the greatest in the oil patch. Theyre making an acquisition. Weve been waiting for consolidation there. The actual individual components of retail that have been strong. I think the last 45 minutes ....
KATHMANDU, Jan 19: Three companies have been selected on the basis of provisional proposals for the construction of the 42 MW Upper Modi 'A' Hydropower Project. ....
KATHMANDU, Dec 23: The Ministry of Energy has initiated preparations to revoke the license of non-operational hydropower projects following Prime Minister Pushpa Kamal Dahal's directive. ....