K Wave Rider Posted September 24, 2009 Report Share Posted September 24, 2009 1975 had a very similar structure to today's daily NDX.....the 200 MA held on the way back down on that one. Link to comment Share on other sites More sharing options...
TenaciousG Posted September 24, 2009 Report Share Posted September 24, 2009 deleted Link to comment Share on other sites More sharing options...
Bungster Posted September 24, 2009 Report Share Posted September 24, 2009 1975 had a very similar structure to today's daily NDX.....the 200 MA held on the way back down on that one. Wow, that'd be around 900 SPX for the 200DMA... Link to comment Share on other sites More sharing options...
Charmin Posted September 25, 2009 Report Share Posted September 25, 2009 Wow, that'd be around 900 SPX for the 200DMA... That's where the head/shoulders watchers where wrong. July 15. There's also a common gap open on the hourly ES at 912.50 http://www.StockSharePublishing.com/ChartL..._1253837059.png Link to comment Share on other sites More sharing options...
DrStool Posted September 25, 2009 Author Report Share Posted September 25, 2009 Radio Free Wall Street 9/24/09 Lee Adler and Russ Winter discuss the real meaning of the FOMC statement, the extreme dislocations in the market, the outlook for the dollar and gold,, bearish bets on stocks, the risks of holding money market funds, and why down is really up in the employment data. Not a subscriber? Click here to hear a free preview. To subscribe and hear this podcast right now, click here! Radio Free Wall Street Podcast 9/24/09 [43:42m]: Play Now | Play in Popup | Download Subscribers, click player to start. Listen to the July 17, 2009 podcast for free. Listen to any podcast prior to April 22, 2009. Click here for archive. Be surprised! Link to comment Share on other sites More sharing options...
MrHanky Posted September 25, 2009 Report Share Posted September 25, 2009 By the amount of posts,I don't think the bears are believing any of this.... Doubting we will see a higher high......With october around the corner,I think it gets ugly pretty quick.MINIMUM oct month end target is 900 I will guess. Fixed income should continue to outperform as "investors" bail from riskier assets. JMHO Link to comment Share on other sites More sharing options...
Charmin Posted September 25, 2009 Report Share Posted September 25, 2009 By the amount of posts,I don't think the bears are believing any of this.... Doubting we will see a higher high......With october around the corner,I think it gets ugly pretty quick.MINIMUM oct month end target is 900 I will guess. Fixed income should continue to outperform as "investors" bail from riskier assets. JMHO How many two/three day selloff's have we seen? Bears are still traumatized. Link to comment Share on other sites More sharing options...
MrHanky Posted September 25, 2009 Report Share Posted September 25, 2009 How many two/three day selloff's have we seen? Bears are still traumatized. Yeah it's hard to believe it's REALLY gonna happen.Just a few year end predictions I will make.... SPX to 850 oil to 40 gold to 900 TNX to 2.75% or less Not doing much trading except playing with my muni's here and there,but I am betting we see significant deflation going foward. BWTFDIK EDIT...(ultimately I think we could see raging inflation,but maybe not till 2012 or so) Link to comment Share on other sites More sharing options...
Charmin Posted September 25, 2009 Report Share Posted September 25, 2009 Yeah it's hard to believe it's REALLY gonna happen.Just a few year end predictions I will make.... SPX to 850 oil to 40 gold to 900 TNX to 2.75% or less Not doing much trading except playing with my muni's here and there,but I am betting we see significant deflation going foward. BWTFDIK If your right, then bulls should get tripped up on a sentiment change and price will get kicked down at every rally very quickly. Link to comment Share on other sites More sharing options...
Charmin Posted September 25, 2009 Report Share Posted September 25, 2009 gold to 900 EDIT...(ultimately I think we could see raging inflation,but maybe not till 2012 or so) Gold to 900 is not deflation, but going down to 730 again might Link to comment Share on other sites More sharing options...
psyche doctor Posted September 25, 2009 Report Share Posted September 25, 2009 Hi there! I am a real-life crack head. As you can see from my avatar, yeah that's a personal photo of yours truly, I have done alot of crack, probably too much. Anyway, the news out on the streets is that Banana Ben might be reducing the supply of crack. Man, when I heard this, I literally sh*t myself, not that it doesn't happen often. Crack messes with all the bodily processes, not just the brain. Sometimes I just can't control myself. Anyway, I've also done my share of dippin. I dip snuff, too. Yeah, my dental problems aint all from crack. Dippin can be quite compulsive. Actually, I justed dipped some fresh Euros around 1.615 and am up already on a crack high. This is only a short-term fix, though. As far as dippin the indexes, man, I am itchin and startin to shake. So far, the ES hasn't fallen below 1044 in globex. It's holdin strong, and if it holds long, I might dong. I am not glamorizing or condoning crack here, but if your gonna have a vice, you might as well roll the dice and dip some dongs and if there aint no crack, grab some glue. I hear lacquer thinner does the trick, too. Git-r-done.... Link to comment Share on other sites More sharing options...
Charmin Posted September 25, 2009 Report Share Posted September 25, 2009 Hi there! I am a real-life crack head. As you can see from my avatar, yeah that's a personal photo of yours truly, I have done alot of crack, probably too much. Anyway, the news out on the streets is that Banana Ben might be reducing the supply of crack. Man, when I heard this, I literally sh*t myself, not that it doesn't happen often. Crack messes with all the bodily processes, not just the brain. Sometimes I just can't control myself. Anyway, I've also done my share of dippin. I dip snuff, too. Yeah, my dental problems aint all from crack. Dippin can be quite compulsive. Actually, I justed dipped some fresh Euros around 1.615 and am up already on a crack high. This is only a short-term fix, though. As far as dippin the indexes, man, I am itchin and startin to shake. So far, the ES hasn't fallen below 1044 in globex. It's holdin strong, and if it holds long, I might dong. I am not glamorizing or condoning crack here, but if your gonna have a vice, you might as well roll the dice and grab some dongs and if there aint no crack, grab some glue. I hear lacquer thinner does the trick, too. Git-r-done.... Larry, the plan is to gap up tomorrow, then sell your donging sentiment will then change Link to comment Share on other sites More sharing options...
Charmin Posted September 25, 2009 Report Share Posted September 25, 2009 If Direxion funds thought that the 2.5x bear fund for small caps was going to $0, then I'd suggest they shut it down now. http://www.StockSharePublishing.com/ChartL..._1253845092.png I sort of think it's not going to $0 Link to comment Share on other sites More sharing options...
K Wave Rider Posted September 25, 2009 Report Share Posted September 25, 2009 Hi there! I am a real-life crack head. As you can see from my avatar, yeah that's a personal photo of yours truly, I have done alot of crack, probably too much. Anyway, the news out on the streets is that Banana Ben might be reducing the supply of crack. Man, when I heard this, I literally sh*t myself, not that it doesn't happen often. Crack messes with all the bodily processes, not just the brain. Sometimes I just can't control myself. Anyway, I've also done my share of dippin. I dip snuff, too. Yeah, my dental problems aint all from crack. Dippin can be quite compulsive. Actually, I justed dipped some fresh Euros around 1.615 and am up already on a crack high. This is only a short-term fix, though. As far as dippin the indexes, man, I am itchin and startin to shake. So far, the ES hasn't fallen below 1044 in globex. It's holdin strong, and if it holds long, I might dong. I am not glamorizing or condoning crack here, but if your gonna have a vice, you might as well roll the dice and dip some dongs and if there aint no crack, grab some glue. I hear lacquer thinner does the trick, too. Git-r-done.... Yeh, I dipped sum GBP at 159 n a quarter...see if we caint get sum overnight bargain hunting by the brits after a 500 pip shelling... Tight stop as this thing is in power mode downside.... Link to comment Share on other sites More sharing options...
psyche doctor Posted September 25, 2009 Report Share Posted September 25, 2009 Yeh, I dipped sum GBP at 159 n a quarter...see if we caint get sum overnight bargain hunting by the brits after a 500 pip shelling... Tight stop as this thing is in power mode downside.... They are all comin out of the wood work, now. Like some dippers confessional. Link to comment Share on other sites More sharing options...
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