EasyAl Posted August 7, 2003 Report Share Posted August 7, 2003 ...and after they're done getting their asses out of that sling they'll dump it all...all things paper - stocks and bonds - will be flushed at the same time. Should be quite a show. And after that, Greenspan will blame Japanese, Chinese and ECB for unloading US treasury and thus driving up interest rate Link to comment Share on other sites More sharing options...
Stoolander Posted August 7, 2003 Report Share Posted August 7, 2003 Same as yesterday, Nasdaq negative internals , Dow positive internals ... last hour dump like yesterday? Looks like rotation outta tech started with the CSCO disappointment. Link to comment Share on other sites More sharing options...
Mr. Beal Posted August 7, 2003 Report Share Posted August 7, 2003 I think we see 29.50 area on the QQQ before this baby gets any kind of a bounce. I was tempted to buy puts a while ago but things getting a bit Dover Sole so I was affraid of a jam job. I think we close below 30 QQQ today and we gap down open in the am. If that happens I will be looking for the market to flatten out for about an hour or two and then buy some calls for a scam week bounce. We could still bounce today but highly doubtful I have been in cash all day not trusting the bounce. Quicktrade I'm thinking 29.70 cover all (Q's INTC, AMAT) reverse Q's (very carefully) Link to comment Share on other sites More sharing options...
Goldmember Posted August 7, 2003 Report Share Posted August 7, 2003 .....hmmm. Link to comment Share on other sites More sharing options...
Guest libertas Posted August 7, 2003 Report Share Posted August 7, 2003 Turbine pumps running now. Results satisfactory. Link to comment Share on other sites More sharing options...
Quicktrade Posted August 7, 2003 Report Share Posted August 7, 2003 I think we see 29.50 area on the QQQ before this baby gets any kind of a bounce. I was tempted to buy puts a while ago but things getting a bit Dover Sole so I was affraid of a jam job. I think we close below 30 QQQ today and we gap down open in the am. If that happens I will be looking for the market to flatten out for about an hour or two and then buy some calls for a scam week bounce. We could still bounce today but highly doubtful I have been in cash all day not trusting the bounce. Quicktrade I'm thinking 29.70 cover all (Q's INTC, AMAT) reverse Q's (very carefully) Yes. Anywhere between 29.50 and 30.00. Just waiting for a good capitulation Link to comment Share on other sites More sharing options...
crooked_analyst Posted August 7, 2003 Report Share Posted August 7, 2003 Bond Market closed...time to pull a runner Link to comment Share on other sites More sharing options...
Betty Blozenfux Posted August 7, 2003 Report Share Posted August 7, 2003 Did Maria just say Consumer credit DOWN is good for the economy? Did I get this right? Isn't that J6P keeping the plastique in his wallet? Or is he paying off his CC with those tax checks? Link to comment Share on other sites More sharing options...
PileDriver Posted August 7, 2003 Report Share Posted August 7, 2003 3:00PM U.S. consumer credit down by $400 million by Greg Robb WASHINGTON (CBS.MW) -- The outstanding debt of U.S. consumers fell by $400 million to $1,761.1 trillion in Well its a start in the right direction Link to comment Share on other sites More sharing options...
Guest bullseatshitndie Posted August 7, 2003 Report Share Posted August 7, 2003 Did Maria just say Consumer credit DOWN is good for the economy? Did I get this right? Isn't that J6P keeping the plastique in his wallet? Or is he paying off his CC with those tax checks? according the crapvision, when it's up it's bullish and when it's down it's bullish. nothing is EVER bearish. Link to comment Share on other sites More sharing options...
wndysrf Posted August 7, 2003 Report Share Posted August 7, 2003 Boner Pump kicking in now. Dow consolidation over. Lets see if they can push it to 9200 for the close. Link to comment Share on other sites More sharing options...
PileDriver Posted August 7, 2003 Report Share Posted August 7, 2003 1,000 trillion. What comes after "trillion" - "gazillion" - I forgot? Holy crap! Link to comment Share on other sites More sharing options...
BartTheBear Posted August 7, 2003 Report Share Posted August 7, 2003 Even if the bulls hold 970 thats not good IMO. Need more selling pressure. Link to comment Share on other sites More sharing options...
Sphinxter Posted August 7, 2003 Report Share Posted August 7, 2003 ...and after they're done getting their asses out of that sling they'll dump it all...all things paper - stocks and bonds - will be flushed at the same time. Should be quite a show. let the fireworks begin, i have my popcorn Too much roughage can be hard on the system. I would reccomend a healthy serving of Eagles, Pandas, and Kangaroos to go with that popcorn. Link to comment Share on other sites More sharing options...
crooked_analyst Posted August 7, 2003 Report Share Posted August 7, 2003 Boner Pump kicking in now. Dow consolidation over. Lets see if they can push it to 9200 for the close. Mark, Did you buy those calls? Link to comment Share on other sites More sharing options...
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