DrStool Posted December 16, 2002 Report Share Posted December 16, 2002 That's it boys. Soak up that excess liquidity. So you can flush it. Link to comment Share on other sites More sharing options...
PileDriver Posted December 16, 2002 Report Share Posted December 16, 2002 Commencing PUMP-AND-DUMP operation! Link to comment Share on other sites More sharing options...
Guest soup1 Posted December 16, 2002 Report Share Posted December 16, 2002 today,imo, is a gift for anyone w/ mopre than a 24 hour time horizion. If you think this mkt was dover sole, you have not seen anything . Excesses must and will be cleansed. in the Link to comment Share on other sites More sharing options...
PileDriver Posted December 16, 2002 Report Share Posted December 16, 2002 Don't cha love it 12:07PM Ryan Beck pegs S&P 500 at 1,150 at the end of 2003 ($SPX) by Tomi Kilgore Link to comment Share on other sites More sharing options...
DrStool Posted December 16, 2002 Report Share Posted December 16, 2002 Yepper. I saw those nice big fat 1 day double bottoms Friday, and was absolutely convinced there was no way they would rally off them this time. Now I'm sitting here wonderering, What in the hell was I thinking? Link to comment Share on other sites More sharing options...
ArdentGuy Posted December 16, 2002 Report Share Posted December 16, 2002 I didn't trade or read the IDS over Thanksgiving week (family stuff!) but ever since I've been back, I haven't seen any posts from FeedFool. Did I miss something? Did FF bid us farewell? I sure miss those charts! FF....you out there???? Link to comment Share on other sites More sharing options...
Guest soup1 Posted December 16, 2002 Report Share Posted December 16, 2002 We are also at the point where weak bonds will mean weak stocks. Just in time to fool the momentum crowd that has no sense of history.the Link to comment Share on other sites More sharing options...
PileDriver Posted December 16, 2002 Report Share Posted December 16, 2002 per SG, gap fill to Nasty 1420 would be sweet and simply be tracing out some sort of a-b-c correction pattern. Then next leg down. Would hit Tim Ord's trgt but not sure if Doc sees that high a high in his cmaps? Link to comment Share on other sites More sharing options...
Guest soup1 Posted December 16, 2002 Report Share Posted December 16, 2002 bit of my plan was not to add postions till after xmas; but if they insist on a ramp who am I to say no?the Link to comment Share on other sites More sharing options...
DrStool Posted December 16, 2002 Report Share Posted December 16, 2002 If 907 doesn't hold the 1 day cycle cmap moves to 910. Any time you want to see a member's posts, you can do a search by member name and bring up as many of therir posts as you wish. Link to comment Share on other sites More sharing options...
Rockhead Posted December 16, 2002 Report Share Posted December 16, 2002 10 reasons to be long: 1: possible New York City strike. 2: Rising Crude Prices 3: Rising interest rates 4: Rising Gold prices 5: Dollar Dropping 6: PE of the dow, Nazdaq, SPX 7: War in Iraq 8: Venezuela Strike 9: 1 million people without jobless benefits 10: AL Gore not running for President. BUY BUY BUY!!!!! I just realized these are fundamentals and really don't matter at all. What am I thinking. :cry: This is exactly what's really frustrating to the bears. I know it pisses me off. . Link to comment Share on other sites More sharing options...
Charmin Posted December 16, 2002 Report Share Posted December 16, 2002 All alone over in Stool's Gold IDS - wondering if we are at a 1 day cycle low ASA and GG seem to be frontrunners today http://www.lowrisk.com March 2003 SP futures resistance 903.00-903.50 907.80-909.00 914.10-915.50 922.00-922.50 925.50-926.50 930.00 March 2003 SP futures support 896.00-895.00 890.20-889.00 883.80 873.00-870.00 Link to comment Share on other sites More sharing options...
DrStool Posted December 16, 2002 Report Share Posted December 16, 2002 The 1 day cycle up phase has ended. The topping phase has commenced. Look at the shape of the top over the next hour, and the slope of the subsequent down phase. Link to comment Share on other sites More sharing options...
Auntie Septic Posted December 16, 2002 Report Share Posted December 16, 2002 Bonds keep melting. Quick, more defficant to soak it up! Link to comment Share on other sites More sharing options...
Rockhead Posted December 16, 2002 Report Share Posted December 16, 2002 today,imo, is a gift for anyone w/ mopre than a 24 hour time horizion. If you think this mkt was dover sole, you have not seen anything . Excesses must and will be cleansed. in the As always, its depends on your time frame. As of friday, charts said Dover Sole up through 60 minutes. Todays jam is impressive and I agree...its only a jam. But they have to work some of the Dover Sole off. I think Doc is correct....907 should be it. But it wont tank immediately. Gonna retrace some and then try 907 again. Link to comment Share on other sites More sharing options...
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