Rockhead Posted December 6, 2002 Report Share Posted December 6, 2002 DOW back down to 8613 support...watch for another jam attempt with the JOKES. SP500 and NAZ still have room to fall. Maybe a bit of delay before next drop. Off the cuff commentary! Link to comment Share on other sites More sharing options...
Fartpolio Manager Posted December 6, 2002 Report Share Posted December 6, 2002 Consumer Credit # shows economy shrinking not expanding, end of story. Link to comment Share on other sites More sharing options...
Guest AssMaster Posted December 6, 2002 Report Share Posted December 6, 2002 How about PHTN - Photon Dynamics as a short? I'm no expert, but it looks ready to bite the big one. Link to comment Share on other sites More sharing options...
sweefraapp Posted December 6, 2002 Report Share Posted December 6, 2002 consumer credit Link to comment Share on other sites More sharing options...
Rockhead Posted December 6, 2002 Report Share Posted December 6, 2002 How about PHTN - Photon Dynamics as a short? I'm no expert, but it looks ready to bite the big one. what time frame are u considering? Link to comment Share on other sites More sharing options...
Tchaikofsky Posted December 6, 2002 Report Share Posted December 6, 2002 ok rog-Â How do you interpret that? My guess is they home equitized a bunch of it. Blahoo! isn't impressed: Â This monthly measure of consumer debt is volatile and subject to massive revisions. It is also released well after every other consumer spending indicator, including weekly chain store sales, auto sales, consumer confidence, retail sales, and personal consumption. For these reasons, the market almost never reacts to the consumer credit report. Â If the markets end lower, however, this will be one of the "things" blamed for the "non-panic" selling, yes? Link to comment Share on other sites More sharing options...
anoscope Posted December 6, 2002 Report Share Posted December 6, 2002 watch out for a possible whoopsaw here to just south of docs 915? Link to comment Share on other sites More sharing options...
Guest Posted December 6, 2002 Report Share Posted December 6, 2002 Est! Your name jogged some very interesting and lucid memories of my August, 1975 est Training. And my unasked question to you is obvious.  Though you joined two days ago I missed your first post. With that being said, welcome to our growing community! ? Fond memories of "The Saturday Night Massacre?"  Did you have Ted Long or Stuart Emory perchance? Very fond memories of the "massacre" Charliss! Had neither Ted nor Emory as a trainer, though subsequently attended an Est event hosted by Emory. He was terrific!   Est! Your name jogged some very interesting and lucid memories of my August, 1975 est Training. And my unasked question to you is obvious.  Though you joined two days ago I missed your first post. With that being said, welcome to our growing community! ? Gladiator,  Thanks for the welcome....actually been a member for a few months now and just lurking....as for my name they are my intials since im not creative enough to come up with anything else....please forgive me but i have no idea what est training is and therfore not sure what unasked question is obvious.  Doc....been an ewaver for a few years i find hurst cycles fasinating and really appreciate your work here. The unasked question was when you took the Training, which you didn't take, so the question not only remains unasked but doesn't have to be asked! Understand that ever since I did it twenty-seven years ago, every time I see those three letters arranged in that permutation, those happy Est memories get activated! Gladiator,  thanks for the link....i take it must have made an change in your life Link to comment Share on other sites More sharing options...
Guest Posted December 6, 2002 Report Share Posted December 6, 2002 CBOE P/C Link to comment Share on other sites More sharing options...
Metamucil Posted December 6, 2002 Report Share Posted December 6, 2002 PHTN looks like a sitting duck. Â Â I'm already very short SMH. Any more shorts and I'll lose some sleep :grin: Link to comment Share on other sites More sharing options...
Fartpolio Manager Posted December 6, 2002 Report Share Posted December 6, 2002 Barring a 274 Dow pt. rally from here... We WON'T have 9 wks of gains in a row. Link to comment Share on other sites More sharing options...
Rockhead Posted December 6, 2002 Report Share Posted December 6, 2002 COMPX.... Â thinking with charts.....not sure about those sloping trendlines. Just possibilities. Â Again....1412 and 1427 are the numbers to watch. But need to be broken with confidence. Link to comment Share on other sites More sharing options...
HardAssets Posted December 6, 2002 Report Share Posted December 6, 2002 Doc do you have any downside cmaps for this move into the close? Link to comment Share on other sites More sharing options...
fxfox Posted December 6, 2002 Report Share Posted December 6, 2002 to bad that this 5-8 day cycle had bottomed, that consumer credit number would have been good for a monster style downmove if that cycle would have been a a top. Link to comment Share on other sites More sharing options...
Guest Posted December 6, 2002 Report Share Posted December 6, 2002 Thanks for the help on Gann all. Much appreciated! Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.