FeedFool 0 Posted July 11, 2003 Report Share Posted July 11, 2003 Could one of you pattern masters help me out. I'm seeing a possible boolish cup and handle forming on bars of 5 and 10 minutes. Anyone else seeing that? I am seeing a wedge forming on the joke. I would not short it yet since it?s not complete. Link to post Share on other sites
Guest AssMaster Posted July 11, 2003 Report Share Posted July 11, 2003 Hmm...that stupid Chinese transformer mfg. with a P/E of 6.5 yesterday now has a P/E of 8. Link to post Share on other sites
machinehead 0 Posted July 11, 2003 Report Share Posted July 11, 2003 Crude oil has busted out to its highest level since the price collapse of late March ... which helped kick off the recent stock market upswing. If you're looking for a dark cloud to rain on the rally, crude oil could be your friend. Link to post Share on other sites
FeedFool 0 Posted July 11, 2003 Report Share Posted July 11, 2003 some years in the 1940s, you would have to go to the second or third trading day of the year to find a sale ... of a Dow Industrials stock. In others, the daily volume would be 200 or 300 shares. Wow. That is amazing. Also remember in the 1970s when the pension fund industry (successfully) pressured for legislation to enable them to trade real estate and diamonds (really) because there was obviously no hope of making any money in stocks. Now Pension guys can sell bonds then buy more shares. It will get interesting once they are fully loaded with no recovery in sight. Link to post Share on other sites
Guest Posted July 11, 2003 Report Share Posted July 11, 2003 Crude oil has busted out to its highest level since the price collapse of late March ... which helped kick off the recent stock market upswing. If you're looking for a dark cloud to rain on the rally, crude oil could be your friend. Oil and the Dollar going up at the same time. Not what the mass expected. True contrary moves. Link to post Share on other sites
FeedFool 0 Posted July 11, 2003 Report Share Posted July 11, 2003 I can see wedge forming on 10Min Dow Joke. Which can?t be good for the Bully Boyz. Link to post Share on other sites
FeedFool 0 Posted July 11, 2003 Report Share Posted July 11, 2003 Hmm...that stupid Chinese transformer mfg. with a P/E of 6.5 yesterday now has a P/E of 8. Isn?t that little expensive? I would prefer to buy companies with no P/E or one with 300 and over. Link to post Share on other sites
3Martinis 0 Posted July 11, 2003 Report Share Posted July 11, 2003 Feed... Trannys breaking to the downside of a wedge right now .......? Link to post Share on other sites
FeedFool 0 Posted July 11, 2003 Report Share Posted July 11, 2003 Could get one small bounce to complete the picture. Link to post Share on other sites
CMGI_FAN 0 Posted July 11, 2003 Report Share Posted July 11, 2003 I can see wedge forming on 10Min Dow Joke. Which can?t be good for the Bully Boyz. Eye sea ded peepil! Sints eye broak my crakpipe, eye swicht too snifin gloo. Link to post Share on other sites
Slothrop 0 Posted July 11, 2003 Report Share Posted July 11, 2003 I'll short SPY here with a buy-stop just above y'day's high. Link to post Share on other sites
GregFokker 27 Posted July 11, 2003 Report Share Posted July 11, 2003 PCR back up to 1.24. Link to post Share on other sites
Tchaikofsky 0 Posted July 11, 2003 Report Share Posted July 11, 2003 Eye sea ded peepil! Sints eye broak my crakpipe, eye swicht too snifin gloo. Luks lik aye pikded a bad weak ta qwit sniphin glough. Link to post Share on other sites
GregFokker 27 Posted July 11, 2003 Report Share Posted July 11, 2003 Volatility indices all red, and put to call ratio very hgih- looks to me like da boyz are dumping puts. Thoughts? Link to post Share on other sites
CMGI_FAN 0 Posted July 11, 2003 Report Share Posted July 11, 2003 Da Bobinweeve award geos to Scot Kreens of Junipple! askd abowt sepratin ONIS an JNPR revs 4 tiems an he dozint nowe! Link to post Share on other sites
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