cyclist Posted March 12, 2003 Report Share Posted March 12, 2003 (BN ) *CIA SAYS NO TRUTH TO RUMOR BIN LADEN CAPTURE REPORT WAS STAGED TO ENSURE S&P 500 OPENS ABOVE 800 -Goes on to say it has better ways to manipulate equity markets Link to comment Share on other sites More sharing options...
wndysrf Posted March 12, 2003 Report Share Posted March 12, 2003 Doc: Mortgage Refi's reported to be up another 25%. The MoGauge will be in blowoff mode. Watch out for Repo Blast coming in a few weeks...... Link to comment Share on other sites More sharing options...
rog Posted March 12, 2003 Report Share Posted March 12, 2003 Bidding for gold this morning @345-346 Link to comment Share on other sites More sharing options...
Guest Posted March 12, 2003 Report Share Posted March 12, 2003 Bidding for gold this morning @345-346 How many times have we seen this when they want to jam the stock market? Same play over and over. Sell gold to support the dollar and stocks. Link to comment Share on other sites More sharing options...
Oyster Posted March 12, 2003 Report Share Posted March 12, 2003 Vessalin...I said in fact....up to 10% more or so downside...and Europe in some parts were ther or almost there....but US not due to currency factors and/or manipulation.....I did say the same as I said here...I will be looking for a key reversal signal or similar to determine the low point on indices for this move before a rally into May...... Link to comment Share on other sites More sharing options...
DrStool Posted March 12, 2003 Author Report Share Posted March 12, 2003 Bidding for gold this morning @345-346 How many times have we seen this when they want to jam the stock market? Same play over and over. Sell gold to support the dollar and stocks. I am extremely skeptical that there's a cause and effect relationship. I wrote last night in the Anals that it looked like another shakeout coming in gold. I don't think there's a "they" manipulating the price of gold to influence stock prices. Gold traders and stock futures traders tend to be different groups with little overlap. Link to comment Share on other sites More sharing options...
rog Posted March 12, 2003 Report Share Posted March 12, 2003 Bidding for gold this morning @345-346 How many times have we seen this when they want to jam the stock market? Same play over and over. Sell gold to support the dollar and stocks. Fine with me. If you think something is worth X, and can find some one to sell it to you at below X. Then buy with both hands. Of course this works for shorting stocks also. This is third time to harvest a break of spoos 800 Link to comment Share on other sites More sharing options...
Injured Grizzly Posted March 12, 2003 Report Share Posted March 12, 2003 Vessalin...I said in fact....up to 10% more or so downside...and Europe in some parts were ther or almost there....but US not due to currency factors and/or manipulation.....I did say the same as I said here...I will be looking for a key reversal signal or similar to determine the low point on indices for this move before a rally into May...... Oyster: I awoke at 3:15, much to my wifes dismay, and caught your interview. It was very good. Thank you for your input. That other gentleman was extremely bearish stocks and very bullish gold. I wonder what he posts under in here? He could be a very good stoolie. Did you speak with him about this site? Link to comment Share on other sites More sharing options...
GregFokker Posted March 12, 2003 Report Share Posted March 12, 2003 Yosh can put a finer point on it, but in the Book of Revelations, there's a bit about how in the last days they throw their gold and silver in the streets and wring their hands. Link to comment Share on other sites More sharing options...
flockofsheeples Posted March 12, 2003 Report Share Posted March 12, 2003 BBOX last trade 29.88 -9.26 BUH BYE! Link to comment Share on other sites More sharing options...
wndysrf Posted March 12, 2003 Report Share Posted March 12, 2003 Dollar finally cleared resistance. Careful, everybody. Link to comment Share on other sites More sharing options...
MyGoldenStool Posted March 12, 2003 Report Share Posted March 12, 2003 Republicans Eye Spending Cuts as Deficits Swell By Andrew Clark WASHINGTON (Reuters) - Republicans prepared on Wednesday to roll out budgets seeking tight control of federal spending to try to fight rising deficits while still making room for big new tax cuts sought by President Bush. The House and Senate budget committees expect to complete work on their 2004 spending blueprints by Thursday, after changing some of Bush's budget plans to reflect the government's mounting fiscal woes and concerns about the cost of a looming war with Iraq. The Congressional Budget Office said last week Bush's policies would swell federal budget shortfalls by $2.7 trillion over the next decade, generating deficits every single year and turning an $890 billion surplus into a $1.82 trillion deficit. Against that backdrop, House Republicans said they would seek substantial cuts in federal spending to bring their budget back into balance by 2010. The cuts will fall on all government programs except Social Security, unemployment insurance, homeland defenses and the military. "The cuts will fall on all government programs except Social Security, unemployment insurance, homeland defenses and the military" What's left to cut after excluding these items? Maybe cut interest rates to zero to eliminate interest? Link to comment Share on other sites More sharing options...
ConfusedAss Posted March 12, 2003 Report Share Posted March 12, 2003 Bidding for gold this morning @345-346 Rog, Is this what you are doing, or are you just commenting on market action? Thanks Link to comment Share on other sites More sharing options...
Bearman Posted March 12, 2003 Report Share Posted March 12, 2003 april gold sup 343.00 after that lob 330's the old breakout pt ie return to the scene of the crime Link to comment Share on other sites More sharing options...
DrStool Posted March 12, 2003 Author Report Share Posted March 12, 2003 Pre Market Update Posted delayed basis in Stooltrading at 9:35. Link to comment Share on other sites More sharing options...
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