Jimi Posted March 9, 2004 Report Share Posted March 9, 2004 Richard Russel had a piece out not too long ago with a number for trannies and the dow, which he felt would spell trouble. ANyone know what those numbers were/are? "0" & "0" Link to comment Share on other sites More sharing options...
wndysrf Posted March 9, 2004 Report Share Posted March 9, 2004 XAU now at the "Pass or Fail" line Link to comment Share on other sites More sharing options...
Goldmember Posted March 9, 2004 Report Share Posted March 9, 2004 Possible higher low on the Permanent Plateau..... :shocked Get your Jital Kurzuwan siege coins today.... Link to comment Share on other sites More sharing options...
Ags Nightmare Posted March 9, 2004 Report Share Posted March 9, 2004 We may be getting close to a floor in rates here - our plan is to wait for the retrace and load up again. I know last night there was discussion about Rydex Juno being a bad play but if the TNX hits 3.50, I'm picking some up... Ag Link to comment Share on other sites More sharing options...
Jimi Posted March 9, 2004 Report Share Posted March 9, 2004 Reminds me of some grafitti I saw scrawled in a john at Bezerkely: "Don't drop acid. Take it pass/fail." Link to comment Share on other sites More sharing options...
Jimi Posted March 9, 2004 Report Share Posted March 9, 2004 Get your Jital Kurzuwan siege coins today.... Link to comment Share on other sites More sharing options...
wndysrf Posted March 9, 2004 Report Share Posted March 9, 2004 DROOPY on the move......... Link to comment Share on other sites More sharing options...
Hiding Bear Posted March 9, 2004 Report Share Posted March 9, 2004 Don't know if this has been mentioned, but the Argentina deadline is 5pm EST, and therefore after the close. Perhaps their default will bitch-slap awaken holders of emerging market debt from their paper-thin-spreads-over-Treasuries stupor and they'll sell like Mortimor was advised. Maybe we get a panic out of all instruments risky like in August 1998. That'd be fun. Argentina Will Pay $3.1B To IMF, Avoiding Default - TV DOW JONES NEWSWIRES BUENOS AIRES -- Argentina will make a $3.1 billion payment to the International Monetary Fund later Tuesday, avoiding a feared default, local television station Todo Noticias reported. The decision to make the payment was made by President Nestor Kirchner after he received a telephone call from IMF interim Managing Director Anne Krueger early in the afternoon, the station reported. Sources for the report were not cited. Neither government nor IMF officials could be immediately reached to comment on the report. Krueger: I'm getting a new job at the IMF, so I don't have any more time for this. A new loan of $3.1 B is on the way to you. Kirchner: Si! We suddenly found $3.1 B to pay you, gringo. Manana. Link to comment Share on other sites More sharing options...
orvack Posted March 9, 2004 Report Share Posted March 9, 2004 Richard Russel had a piece out not too long ago with a number for trannies and the dow, which he felt would spell trouble. ANyone know what those numbers were/are? First post ever. "If the Dow is in the process of topping out, first it will drop below the 10470 level and then below its 50-day MA" http://www.goldismoney.info/forums/showthr...ghlight=russell Link to comment Share on other sites More sharing options...
rog Posted March 9, 2004 Report Share Posted March 9, 2004 Don't know if this has been mentioned, but the Argentina deadline is 5pm EST, and therefore after the close. Perhaps their default will bitch-slap awaken holders of emerging market debt from their paper-thin-spreads-over-Treasuries stupor and they'll sell like Mortimor was advised. Maybe we get a panic out of all instruments risky like in August 1998. That'd be fun. Argentina & IMF made a deal earlier today stock market +3% Link to comment Share on other sites More sharing options...
wndysrf Posted March 9, 2004 Report Share Posted March 9, 2004 One by one, the golds are starting to break out. Goldcorp Link to comment Share on other sites More sharing options...
Metamucil Posted March 9, 2004 Report Share Posted March 9, 2004 Gotta be bearish....Rydex 200% leveraged short DOW fund only has a CUSIP number, since the assets are still below $25M. .....or not, since the 200% long fund is in similar straits. They can't attract >25M to either of these funds, but Juno is loaded to the gills, while bearish ?? Link to comment Share on other sites More sharing options...
Jimi Posted March 9, 2004 Report Share Posted March 9, 2004 Thanks for the Argentina info, gents. Link to comment Share on other sites More sharing options...
wndysrf Posted March 9, 2004 Report Share Posted March 9, 2004 Don't know if this has been mentioned, but the Argentina deadline is 5pm EST, and therefore after the close. Perhaps their default will bitch-slap awaken holders of emerging market debt from their paper-thin-spreads-over-Treasuries stupor and they'll sell like Mortimor was advised. Maybe we get a panic out of all instruments risky like in August 1998. That'd be fun. Argentina & IMF made a deal earlier today stock market +3% Any and all debt blowups, credit market dislocations, burning currencies, riots, revolutions, wars, pestilence, plagues, floods, earthquakes, mudslides, etc. are Bullish!!! Lets all go out and BUY STOCKS!!! Link to comment Share on other sites More sharing options...
BarBu Posted March 9, 2004 Report Share Posted March 9, 2004 I am unloading Bond fund into money market fund in a progressive way, FICMX, ... etc, each step 5%. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.