phatbubble Posted October 22, 2009 Report Share Posted October 22, 2009 We've had one trading hour of real selling since a double top at a 52 week, round number high. People already looking for bounces. Myself included. What Pavlovian dysfunction. Link to comment Share on other sites More sharing options...
Jimi Posted October 22, 2009 Report Share Posted October 22, 2009 Game on. As an LA-boy & Dodgers fan, let me say, "Good luck at the World Series, Phillies." Our team's become heartless. How heartless? Read: http://www.latimes.com/sports/la-sp-plasch...,6331604.column Link to comment Share on other sites More sharing options...
phatbubble Posted October 22, 2009 Report Share Posted October 22, 2009 The market will tell us where it wants to go....etc etc...... But IMHO the CRE market is presently beyond redemption.....and this particular Item wants to hit the pipe, spread obscene goods, and put the dissatisfied foot in the toilet. Right into ChiBear's yellowlooking, 900-degree, soft-serve swirl. Amen, and all that. We'll see. Link to comment Share on other sites More sharing options...
Charmin Posted October 22, 2009 Report Share Posted October 22, 2009 Been looking at Mr. Widget SPX again. It appears to me that if the red oscillator does not cue up sometime tomorrow and the yellow begins to travel below the ZERO line - the blue oscillator would get cue'd down down for one mother of a synchronized WALLOP! Same goes for GDX Link to comment Share on other sites More sharing options...
phatbubble Posted October 22, 2009 Report Share Posted October 22, 2009 OK, OK, fine.....here Link to comment Share on other sites More sharing options...
Charmin Posted October 22, 2009 Report Share Posted October 22, 2009 Still watching the Nikkei to be cue'd for a turn and a bounce off the 50 bar ma. Now where's Asia Widget when you need one. http://www.StockSharePublishing.com/ChartL..._1256177734.png Link to comment Share on other sites More sharing options...
Drano Posted October 22, 2009 Report Share Posted October 22, 2009 The market will tell us where it wants to go....etc etc...... But IMHO the CRE market is presently beyond redemption.....and this particular Item wants to hit the pipe, spread obscene goods, and put the dissatisfied foot in the toilet. Right into ChiBear's yellowlooking, 900-degree, soft-serve swirl. Amen, and all that. We'll see. As there appear to be no options on RMZ, broken record reminder: DRV, 3X bear; DRN, 3X bull Link to comment Share on other sites More sharing options...
Jimbo Posted October 22, 2009 Report Share Posted October 22, 2009 THEIR SALARIES SHOULD BE SET BY THE MARKET Of course, ass expected, Government Sachs and some other powerful players who got bailout money are immune to this. "The companies under his authority are AIG, Bank of America, Citigroup, General Motors Co., GMAC Inc., Chrysler Group LLC and Chrysler Financial." But definitely a step in the right direction. Employees at bailed out companies should have some limits to the rewards they receive for their incompetence. Too bad he can't slash bonuses too. These companies would be chapt 11 by now. They should be paid salaries based on the jobs they would be doing now if their companies had gone bankrupt The Government far from reducing their incomes is now paying them far above what would have been the market provided alternative. And the market provided alternative right now - they would be employed as janitors, fast food workers and cleaners. This is not a paycut!!!!!!! A lot of these guys would be unemployed and earning zero wihtout the bail outs. Those that can earn more somewhere else will simply jump ship - if they can. Link to comment Share on other sites More sharing options...
roxy Posted October 22, 2009 Report Share Posted October 22, 2009 OOOFAH.... Goobermint to slash pay by an avg of 90% for fraudsters who got bailout cash.... http://online.wsj.com/article/SB1256151723..._LEFTTopStories Kenneth Feinberg, the Treasury Department's special master for compensation, will lower total compensation for 175 employees by an average of 50%, these people said. As expected, the biggest cut will be to salaries, which will drop 90% on average. What qualifications do need to get to be "special master"? Hopefully the bonus pool is already allocated so we, ordinary piglets from this board, can get a better bonus, as our share will grow. Booyyaa! Link to comment Share on other sites More sharing options...
roxy Posted October 22, 2009 Report Share Posted October 22, 2009 See some weekly negative divergences: http://fsc.bz/1JU Chaikin is div for the first time since March. So this dip is not like July, it will get much worse Link to comment Share on other sites More sharing options...
DrStool Posted October 22, 2009 Report Share Posted October 22, 2009 Signs of a Turn- Professional Edition by Lee Adler, Wednesday, October 21, 2009, in Professional Edition, Today's Markets | Permalink |Comments (0) Edit Cycle based stock screening data weakened across the board. The sell side edge on new 13 week cycles indicators is expanding at a point in the cycle where we would expect it to be going the other way. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information. Link to comment Share on other sites More sharing options...
mdporter Posted October 22, 2009 Report Share Posted October 22, 2009 As an LA-boy & Dodgers fan, let me say, "Good luck at the World Series, Phillies." Our team's become heartless. How heartless? Read: http://www.latimes.com/sports/la-sp-plasch...,6331604.column Dodgers folded up like a cheap lawn chair. They should all get their pay clawed back for every game they lost. In fact that should be the new standard in pro sports... losers don't get paid period. You'd see people work alot harder! Can't root for the Angels either, they are being schooled by the Death Star Yankees, with the Emperor himself running the show. Next time I post this I'll figure out how to the the Yankee logo on it. Link to comment Share on other sites More sharing options...
Jimi Posted October 22, 2009 Report Share Posted October 22, 2009 Did any of you guys see this?CNBS at its finest. From Jesse's site. http://jessescrossroadscafe.blogspot.com/search?q= When the Financial Journalists Were Indeed 'Pimping' for Wall Street Here is a interesting moment in US financial journalism on CNBC. It does not describe the basis of the lawsuit very well, and does become a bit surreal at times. There is a nearly priceless moment at the end when the frustrated Attorney General of California Jerry Brown asks Dennis Kneale and Michelle Caruso-Cabrera, "Are you pimping for (State Street Bank) the defendant?" You can watch the video and assess things for yourselves. http://www.cnbc.com/id/15840232?video=1301828700&play=1 THat was great. Dude will be our next governor out here. Link to comment Share on other sites More sharing options...
K Wave Rider Posted October 22, 2009 Author Report Share Posted October 22, 2009 Gold finally cracks the 1060 bid...now it gets interesting.... Link to comment Share on other sites More sharing options...
K Wave Rider Posted October 22, 2009 Author Report Share Posted October 22, 2009 THat was great. Dude will be our next governor out here. Is he bringing Linda back with him for that 70's show? Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.