Jump to content

IDS World Markets Tues 18th September 07


Recommended Posts

  • Replies 292
  • Created
  • Last Reply
This idea that rate cuts are bullish is just hogwash. The bear market was during a falling rate period, and the recent bull run was in a rising rate environment since June 2004. It just does not wash.  Rates do not matter. The level and direction of liquidity is the only thing that matters, and it sure as hell isn't up. 

608424[/snapback]

Guy before the opening from the floor of the NYSe told Whiskey Haines that "there is a 100% correlation between Fed cuts and stock market rallies in the 20th century."

 

I swear to god, he said it.

608429[/snapback]

 

He was either a Moran or lyin. But he hedged, of course. This is the 21st century.

Link to comment
Share on other sites

Usually, during the past couple of years, every time crude went up, the price of unleaded followed-on......and prices at the pump "jacked" within days.....prices at the pump are at mult-month lows in in NJ.....as low as $2.43 per gal for reg unleaded

 

Not this time.....

 

Need to keep that inflation # down in order to pave a path for the "Fed Ease"....

 

clspot.gif

 

huspot.gif

 

Yeah, yeah, I know......refining capacity not impaired....peak driving season over....blah, blah, blah

 

Chart Source<------

608425[/snapback]

 

US Presidential Election= no gas erection. Don't want politicians to make some crazy promises like excess profit taxes, or make an issue out of lack of conservation and Texan oilmen drinking beer out of boots.

Link to comment
Share on other sites

That would be it, short with impunity!? SnPEE futures 1500.? SOW futures at the 600 break.? I may have to leave breadcrumbs so you can find the body just in case.

608427[/snapback]

Lookking for 1492 Ocean's Blue cash market before I p... pppp.....pppppppressss the ssssshhhhoooorttt BUTTon...

 

or not.

 

This is a set up for a bear slaughter.

 

or not.

 

3 more hours of this sheeet.

 

Somewhere, a PigMan is laughing.

Link to comment
Share on other sites

*DJ US Aug Producer Prices -1.4%; Consensus -0.3%

 

 

  (MORE TO FOLLOW) Dow Jones Newswires

 

Boy when you control the numbers you really control the numbers....

 

 

*DJ US Aug PPI Energy Prices -6.6%; Biggest Drop Since '03

 

*WASHINGTON (Dow Jones)--U.S. wholesale prices tumbled last month on the

biggest drop in energy prices in over four years and a fourth-straight decline

in food prices, while pipeline pressures eased, a government report showed.

 

 

Someone pass the crack pipe around because I thought food and energy commodities were breaking out to new highs the last I saw.

 

I am sorry but this report was designed for one reason... Fed to lower rates.... This is why gold will eventually go nuts, the frog in the boiling pot scenario. Eventually the public will lose confidence and wake up.

608398[/snapback]

 

Bond market ain't buyin' it. That's for sure.

608400[/snapback]

 

the bond market is like big daddy right !!

Link to comment
Share on other sites

5 day cycle indicators have turned up from the zero line. That usually means a very big move.

608430[/snapback]

 

Is the beeg move in the same direction as the indicators moving away from the zero line? You know, the direction which is going to tear new ones on us bears?

Link to comment
Share on other sites

Besides going in for a quick short scalp.

I can't see any reason why anyone would be short on an intermediate basis.

Price is telling us something.

608444[/snapback]

 

Well on the SOW, looking for a retrace back to the 400 level today. Will that take care of that pic? :lol: :lol: :lol:

Link to comment
Share on other sites

Besides going in for a quick short scalp.

I can't see any reason why anyone would be short on an intermediate basis.

Price is telling us something.

608444[/snapback]

 

Well on the SOW, looking for a retrace back to the 400 level today. Will that take care of that pic? :lol: :lol: :lol:

608446[/snapback]

That's a pretty large move :). Even Tice doesn't think we'll dip below 3000.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...