BigWave Posted November 26, 2003 Report Share Posted November 26, 2003 KLAC- +.41 to -1.16.. Link to comment Share on other sites More sharing options...
Goldmember Posted November 26, 2003 Report Share Posted November 26, 2003 Here we go bears! let's see where it stops....eventually. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted November 26, 2003 Report Share Posted November 26, 2003 I aint saying it will happen, in fact it most likely will not, but any red could really accelerate. This pig is going up until it is not, and when the fed loses control, lob. Maybe they never lose control, but any red will not be tolerated, they are fully aware of the risks. IMHO the bond market has become as manipulated as the stock market. Foreign buying of US treauries has stopped cold. From the Great Reckoning......... Here's some big news," Addison reported mid-week. "Foreign investors and central banks who have been propping up America's credit-bubble... have begun to lose faith. Figures released by the U.S. Treasury show net capital inflows to the U.S. fell more than 91% in September, from $50bn in August to $4.2bn. - "The government took a hit, too, as foreigners bought just $5.6bn in Treasuries, down from $25.1bn the previous month. Drew Matus, an economist with Lehman, states the obvious in the FT: 'It appears foreigners may have tired of U.S. treasuries.' - "The current account deficit that the U.S. sports with the rest of the world requires foreigners to sink $1.5 billion into the homeland every day. What happens when foreigners decide not to sign the checks? Well... the dollar falls. Fast. Hard." So why the strength in the long bond? Who is buying? To prop the worlds largest stock and bond markets simultaneously is mind boggling in its scope. Its a dangerous game that is played daily with very very few bystanders connecting the dots. Link to comment Share on other sites More sharing options...
Guest Posted November 26, 2003 Report Share Posted November 26, 2003 John Murphy on Procto just called for Gold to hit $500 within a year.....Not sure if that proclamation to proctoworld is good for POG or not..... I'm Swedish but live in England. No matter whether I'd have bought gold using the Swedish Krona or Pound Sterling I would have made a loss YTD despite gold up almost 20% in dollar terms. Anyone outside of the U.S. who buys gold now will make money if the dollar starts strengthening or if gold goes higher while the dollar stays stable vs other currencies. Link to comment Share on other sites More sharing options...
Tchaikofsky Posted November 26, 2003 Report Share Posted November 26, 2003 Anyone see any bargains to be snapped up at compelling values here? Link to comment Share on other sites More sharing options...
Metamucil Posted November 26, 2003 Report Share Posted November 26, 2003 Pretty head-shoulders on the financials...... Similar patterns......spx, ndx, djia. Link to comment Share on other sites More sharing options...
dozer Posted November 26, 2003 Report Share Posted November 26, 2003 In the week ending Nov. 22, the advance figure for seasonally adjusted initial claims was 351,000, a decrease of 11,000 from the previous week's revised figure of 362,000. The 4-week moving average was 358,750, a decrease of 10,000 from the previous week's revised average of 368,750. moanin all, Madame, tanks for the new claims chart. whoa....nasdog just fell off a cliff...wonder how high it is... strong steady ramp on POG today I see.... I like! Link to comment Share on other sites More sharing options...
Goldmember Posted November 26, 2003 Report Share Posted November 26, 2003 $$$$$WHEEEEEEE!!!$$$$$ Link to comment Share on other sites More sharing options...
Sphinxter Posted November 26, 2003 Report Share Posted November 26, 2003 John Murphy on Procto just called for Gold to hit $500 within a year.....Not sure if that proclamation to proctoworld is good for POG or not......... $500 gold next year will be, let me see here, um, carry the one, divide by 4 about, um, 331-332 Euros, give or take. Right where it's been for a while. Link to comment Share on other sites More sharing options...
Metamucil Posted November 26, 2003 Report Share Posted November 26, 2003 Added shorts.......ES. 1052; stop 1054. Link to comment Share on other sites More sharing options...
Guest Posted November 26, 2003 Report Share Posted November 26, 2003 Anyone see any bargains to be snapped up at compelling values here? Bunds might be worth a punt. Link to comment Share on other sites More sharing options...
Guest Posted November 26, 2003 Report Share Posted November 26, 2003 IBM turned negative. Cooked like the turkey it is. Link to comment Share on other sites More sharing options...
Takachi Posted November 26, 2003 Report Share Posted November 26, 2003 dollar at 90.54 how bout gold at $500 this year.......once it moves past $400 who knows what short covering blasters are ignited! Link to comment Share on other sites More sharing options...
purdymouth Posted November 26, 2003 Report Share Posted November 26, 2003 Black Wednesday! Enjoy that turkey, bulls. Next year it'll be Alpo in watery broth. Link to comment Share on other sites More sharing options...
Goldmember Posted November 26, 2003 Report Share Posted November 26, 2003 We are right on the 61.8% Fibonacci retracement line I mentioned earlier, let's see if it has any more gas in the tank. Link to comment Share on other sites More sharing options...
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