wndysrf Posted February 18, 2004 Report Share Posted February 18, 2004 Not much to report today, other than the usual Options Expiration Gyrations. Wild trading in the currencies and the metals, as the Central Banks continue to put bids under the Sponsored Currencies and T-Bones and sell everything else. But the most important data point coming out is AMAT's earnings announcement, since it is the Lead Speculative Barometer for the economy and the entire stock market. Michael Spindler will be issuing some type of announcement regarding his one penny earnings estimate. As usual, the Carnival Barkers will have "The List" ready to Bullhorn the stock up in the AfterHours: "Beat By a Penny" "Blows Past Expectations" "Topping Views" "Sequential Order Growth" "Rebounding Economy" etc, etc. What else is new??? Waiting on AMAT. Nothing else matters. Is it any accident that AMAT's chart is positively positioned for a huge move? Link to comment Share on other sites More sharing options...
machinehead Posted February 18, 2004 Report Share Posted February 18, 2004 Crude futures closed out a second session above the $35 per barrel level on the New York Mercantile Exchange, with traders awaiting Thursday's updates on U.S. petroleum supplies from the Energy Department and American Petroleum Institute. March crude rose 26 cents to close at $35.45 per barrel -- the loftiest closing level for futures since March 14 [2003]. March natural gas also climbed by 3.7 cents to end at $5.356 per million British thermal units. There's still a problem with energy prices. Note that this close was printed at 2:30 p.m., after the dollar pop. Shoving the currency jello around on the plate cannot cut energy prices for the world as a whole. Link to comment Share on other sites More sharing options...
machinehead Posted February 18, 2004 Report Share Posted February 18, 2004 The essential answers to the question, "Mommy, why is the dollar such a piece of shit currency?" will remain ... Well, jimi, if your kids had only attended the "Trading for Tots" class at the $26,000/year "Ivy Wise" kindergarten, they would KNOW those answers .. and be PROFITING from them, while less-privileged children blow their lunch money on ill-considered currency bets. Link to comment Share on other sites More sharing options...
DrStool Posted February 18, 2004 Report Share Posted February 18, 2004 Uncle Buck and the Long Bong Hit, including short and long term updated charts and price targets, is now loaded. Take a subscribatory and get the latest whiff of Uncle Buck and the Long Bong Hit. 15 Day Intro Subscribatory. Just $2.99! Get In RIGHT NOW! Link to comment Share on other sites More sharing options...
An Ant Posted February 18, 2004 Report Share Posted February 18, 2004 AMAT 22.72 from 22.32 close Link to comment Share on other sites More sharing options...
Ned38 Posted February 18, 2004 Report Share Posted February 18, 2004 Attack of the chip monsters Link to comment Share on other sites More sharing options...
wndysrf Posted February 18, 2004 Author Report Share Posted February 18, 2004 Doc: AH chart of AMAT please.... Link to comment Share on other sites More sharing options...
machinehead Posted February 18, 2004 Report Share Posted February 18, 2004 From Bloomberg: [AMAT] Per-share earnings were 5 cents. Excluding some costs, profit was 12 cents a share, beating anal cysts' predictions of 8 cents. Condensing a bit, "Per-share earnings were 5 cents, beating anal cysts' predictions of 8 cents." Less is more, comrades. The market is good, is it not? Link to comment Share on other sites More sharing options...
Jimi Posted February 18, 2004 Report Share Posted February 18, 2004 From Bloomberg: [AMAT] Per-share earnings were 5 cents. Excluding some costs, profit was 12 cents a share, beating anal cysts' predictions of 8 cents. Condensing a bit, "Per-share earnings were 5 cents, beating anal cysts' predictions of 8 cents." Less is more, comrades. The market is good, is it not? Must be the math they teach at Ivy Wise "Trading for Tots" Prep. I hear placement there makes one a shoe-in for Princeton. Link to comment Share on other sites More sharing options...
DrStool Posted February 18, 2004 Report Share Posted February 18, 2004 I'd like to extend a warm welcome to Goldmoney.com as an official sponsor of Capitalstool.com. You will see their banners throughout the site and, from time to time, you may also see articles about their services and the gold market on these pages. Doc appreciates the support of Goldmoney.com, a better way to buy gold! Please join me in opening a Goldmoney account today. Link to comment Share on other sites More sharing options...
BearHugs Posted February 18, 2004 Report Share Posted February 18, 2004 amat ah Link to comment Share on other sites More sharing options...
2 floaters and a sinker Posted February 18, 2004 Report Share Posted February 18, 2004 Dollar daily cash. this down wave looks done. 5 complete. but it's probably part of a bigger pattern... Link to comment Share on other sites More sharing options...
wndysrf Posted February 18, 2004 Author Report Share Posted February 18, 2004 The new TASR Link to comment Share on other sites More sharing options...
2 floaters and a sinker Posted February 18, 2004 Report Share Posted February 18, 2004 pick a fib retrace... Link to comment Share on other sites More sharing options...
2 floaters and a sinker Posted February 18, 2004 Report Share Posted February 18, 2004 dollar futes. daily. continious contract. green lines are a 50% offset fork (with .5 tines)from the aug 2003 highs (wave 5 of 3). price stopped today right at a fork tine, just under the 21 ema. divergances developing. if up is coming, should have no problem busting out of the top of the fork. Link to comment Share on other sites More sharing options...
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