Farmer Posted October 28, 2003 Report Share Posted October 28, 2003 Usually on FOMC it flatlines around 2:00 then chop chop till close with up bias. If this complacancy is really as extreme as some seem to think then it should act as if Al isn't even having a meeting at all today. IE a moon shot. Patience is a position. Link to comment Share on other sites More sharing options...
soup Posted October 28, 2003 Report Share Posted October 28, 2003 AG: I doubt bushwacker knows. Link to comment Share on other sites More sharing options...
Downtick Posted October 28, 2003 Report Share Posted October 28, 2003 Crapvision was showing the live news conference regarding the Putnam mutual fund scam and as soon as the investigator started going into detail about the scams, they killed it. Nothing to see. Keep moving. Link to comment Share on other sites More sharing options...
ThorAss Posted October 28, 2003 Report Share Posted October 28, 2003 Yep.... Looks like The Economy is leading the market again. Need to wait another 4 days or so before looking at shorts again. Wait for the +1300 TICK and the .08 TRIN reading on Friday. S & P ought to hit 1065 by then....... A perfect Fiber Nacho level, where absolutely everyone will be wildly bullish. volumes just not there. the shorts may get boner'd yet again, but these runs are becoming increasingly shorter in duration. looking for a bra strap slip and then the panties, undressed, naked before us. we'll see if she's a he. Thor likes to dryhump the SMH. Wonder if he can tell us today if the carpet matches the drapes. I won't be touching any shorts until after: Pre-FOMC Hysteria Jam Post-FOMC Validation Rally TOM Bone Jam 1st of Month "Buying Spree" mINE OR THEIRS? Link to comment Share on other sites More sharing options...
soup Posted October 28, 2003 Report Share Posted October 28, 2003 looks like the typical pre fomc govt buying, all to saite the meglamaniac. Link to comment Share on other sites More sharing options...
Guest Posted October 28, 2003 Report Share Posted October 28, 2003 It's all about DISTRIBUTION. Link to comment Share on other sites More sharing options...
soup Posted October 28, 2003 Report Share Posted October 28, 2003 what continues to amaze me is how the crowd , after being so badly burned, turns the other way when the same ole crap and corruption continues. Granted , this is the way the street operates, but a gullible public so soon? Link to comment Share on other sites More sharing options...
Farmer Posted October 28, 2003 Report Share Posted October 28, 2003 Actually I was hoping Mr Snow would have a few words to say today. Then I always did dream the impossible dream. Hell ........... Low Gruff we need that other chart please. Ya that one under your desk that you keep just in case. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted October 28, 2003 Report Share Posted October 28, 2003 Gap from the 22nd up at 1044 {futures} acting as a magnet. Of course all gaps below are ignored by Mr Market for now. Link to comment Share on other sites More sharing options...
DrStool Posted October 28, 2003 Report Share Posted October 28, 2003 You need to undestand, the majority wants the corruption. We live in a society where parents wink at their children's cheating in school. Lying and cheating has become the norm. The majority does not want reform. The Spitzer investigations are a non-issue. Nobody cares. Link to comment Share on other sites More sharing options...
Dharmaeye Posted October 28, 2003 Report Share Posted October 28, 2003 Actually I was hoping Mr Snow would have a few words to say today. Then I always did dream the impossible dream. Hell ........... Low Gruff we need that other chart please. Ya that one under your desk that you keep just in case. Snow testifies before congress Turdsday. Probably more important then FOMC today. Link to comment Share on other sites More sharing options...
Ags Nightmare Posted October 28, 2003 Report Share Posted October 28, 2003 Actually I was hoping Mr Snow would have a few words to say today Snow is Thursday on front of Congress. Ag Link to comment Share on other sites More sharing options...
Farmer Posted October 28, 2003 Report Share Posted October 28, 2003 I do Doc, I care.:cry: :cry: Link to comment Share on other sites More sharing options...
soup Posted October 28, 2003 Report Share Posted October 28, 2003 parents winking at their children cheating in school. That is tragic, but never the less most likley true. Link to comment Share on other sites More sharing options...
soup Posted October 28, 2003 Report Share Posted October 28, 2003 Doc: why in the world do folks want corruption when they are the target of said corruption? Link to comment Share on other sites More sharing options...
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