cyclist Posted April 3, 2003 Report Share Posted April 3, 2003 bad unemployment numbers the claims numbers are being spun as higher due to storms in the west. f.y.i. (I'm sure it is all part of an ENORMOUS CONSPIRACY ! ;->) L.O.L. Link to comment Share on other sites More sharing options...
GregFokker Posted April 3, 2003 Report Share Posted April 3, 2003 The Teflon Market. Link to comment Share on other sites More sharing options...
Guest bullseatshitndie Posted April 3, 2003 Report Share Posted April 3, 2003 the unemployment claim # digested for 5 minutes now, i guess it will be ignored any minute now and off to 900+ we go. i see a scenario tomorrow where the employment picture is absolutely dismal, but we officially "win" the war in iraq to forget about the employment problem. a blowoff will occur to 911 and we can get back to the bear market Link to comment Share on other sites More sharing options...
Bearman Posted April 3, 2003 Report Share Posted April 3, 2003 One point very clear. Bulls are desperate not the Bears I believe we are close ,CAT HAIR CLOSE to a mk turn dn. Way I say WAY too many bulls for me Link to comment Share on other sites More sharing options...
blackbelt Posted April 3, 2003 Report Share Posted April 3, 2003 Good morning, As I said earlier this week, the time to short is early May. Till then... Link to comment Share on other sites More sharing options...
sweefraapp Posted April 3, 2003 Report Share Posted April 3, 2003 okay We should start to have some movement during the day instead of what we have had the last 2 days. Let's make some money - there is only one side to be on, the winning side (in your time frame). Link to comment Share on other sites More sharing options...
GregFokker Posted April 3, 2003 Report Share Posted April 3, 2003 Gold is tanking now, fukutures rallying. Link to comment Share on other sites More sharing options...
cyclist Posted April 3, 2003 Report Share Posted April 3, 2003 One point very clear. Bulls are desperate not the Bears I believe we are close ,CAT HAIR CLOSE to a mk turn dn. Way I say WAY too many bulls for me How do you measure that? How desparate are the bulls? How many here think we wont see the spx try 896 in a hurry? I'm not saying the market isn't a sell, just maybe not right here. flexibility is key. This is a bear market but bear markets tend to get everybody, bulls and bears! Link to comment Share on other sites More sharing options...
Guest Posted April 3, 2003 Report Share Posted April 3, 2003 bad unemployment numbers the claims numbers are being spun as higher due to storms in the west. f.y.i. (I'm sure it is all part of an ENORMOUS CONSPIRACY ! ;->) L.O.L. And the storms in the west were due to uncertainty regarding when the Iraqi war would end. Link to comment Share on other sites More sharing options...
MyGoldenStool Posted April 3, 2003 Report Share Posted April 3, 2003 What we really need now is an ISM services reading of about 40 to add some additional fuel to get this rally moving! Link to comment Share on other sites More sharing options...
simple guy Posted April 3, 2003 Report Share Posted April 3, 2003 A SG chart annotated picture is worth 1,000 words.... or more.... I learned from Bontchev to not rely on one indicator, as in E Waves... but to confirm E waves with several other checkpoints.... so... here you go. Anyone wants to refute Blackbelt and Oyster, and me... at the same time bullish.... we await evidence other than "the fundamentals suck, the jobs report sucks, the war sucks... earnings suck...." ITs noise.... Ride the wave, dont fight the tape.... perma bears like us will get killed in the interim... Hope this chart helps open up some eyes... it did for mine big time to confirm my thoughts.... 1509 NAS Link to comment Share on other sites More sharing options...
seamus Posted April 3, 2003 Report Share Posted April 3, 2003 Fed in with $4b in 28d repos Link to comment Share on other sites More sharing options...
simple guy Posted April 3, 2003 Report Share Posted April 3, 2003 Final note on NAS 1420 ish may get filled this am Move to 1390 wave 2 Move to 1519 wave 3 move to 1470 wave 4 final terminal to 1550 All based on typical wave fibo patterns and retracements, subject to revisements... but Wave 2, .382 pullback wave 3, 1.618 of 1 wave 4, .382 pullback wave 5, .618 of 3 I could be on crack, hope this helps Link to comment Share on other sites More sharing options...
Charliss Posted April 3, 2003 Report Share Posted April 3, 2003 Watching the tape this morning, Doc was seeing his life pass before his eyes wondering if this means it's back to the convenience store for him. Uh oh, he's out on the window ledge! Doc, don't do it....I still have 6 months left on my Anals subscription.. Link to comment Share on other sites More sharing options...
richmtn Posted April 3, 2003 Report Share Posted April 3, 2003 Good morning, As I said earlier this week, the time to short is early May. Till then... What he said. I believe Doc is singing the same song. The higher it goes the bigger the drop. Keep your powder dry. Link to comment Share on other sites More sharing options...
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