Jimbo Posted March 12, 2003 Report Share Posted March 12, 2003 OVER AT THE STREET Judging by the tone of the street I think creamer is about to become a stoolie. Thats a bullish indicator. Link to comment Share on other sites More sharing options...
Jimbo Posted March 12, 2003 Report Share Posted March 12, 2003 DEFENSE STOCKS IN FREEFALL LMT AND NOC APPEAR TO BE IN FREEFALL. No war is going to save them. They went up high and are now dumping. Link to comment Share on other sites More sharing options...
Ned38 Posted March 12, 2003 Report Share Posted March 12, 2003 Good Morning Stoolies At the moment ........... CAC...... down 1.84% DAX ......down 2.55% FTSE..... down 2.83% Link to comment Share on other sites More sharing options...
Oilman Posted March 12, 2003 Report Share Posted March 12, 2003 The futures just fell off the cliff. Wed. may be SG 6+ to the down side. Becareful out there if you are a bull. Oilman Link to comment Share on other sites More sharing options...
torah man Posted March 12, 2003 Report Share Posted March 12, 2003 the futures are quite a siight this morning. right off the cliff. we could get the intraday lows we have been expecting so be ready. Link to comment Share on other sites More sharing options...
swedjap Posted March 12, 2003 Report Share Posted March 12, 2003 Rumor that could affect todays events..... 2003-03-12 14:01 (08:01 at the east coast) AL-QAIDA: USAMA BIN LADIN ARRESTED IN PAKISTAN - BBC (that quotes a Iranian radiostation) And here's a new acronym for all (MOAB): "The US tests a 21,000 pound (9,500 kilogram) bomb - known as the Moab: Massive Ordnance Air Burst or, unofficially, the Mother Of All Bombs - which may be used in any conflict with Iraq." Link to comment Share on other sites More sharing options...
swedjap Posted March 12, 2003 Report Share Posted March 12, 2003 CIA saves the day... for the BEARS! 2003-03-12 14:13 AL-QAIDA: CIA DENIES BIN LADIN ARRESTED - BBC Link to comment Share on other sites More sharing options...
Injured Grizzly Posted March 12, 2003 Report Share Posted March 12, 2003 Did anyone see Oyster this AM at 3:40? He was on eurovision and reiterated his call for a tradeable low coming soon. He said to watch for a Key Reversal Day to set up for a possible 20 to 22% rally from the low. Would go until May. Bears must be careful here. I sold alot of my SPX puts yesterday. Still holding 3 April 825's hedged with some March calls and some March 700 doom puts. If it crashes I will be Ok and if it rallies I'm ready. I think it will crash but just don't trust it with the amount of $ I had riding. Link to comment Share on other sites More sharing options...
Guest Posted March 12, 2003 Report Share Posted March 12, 2003 During this decline, we have lower lows on lower volume, and higher highs on the McClellan Oscillator. How can you tell when we are going lower, or when to spot a reversal due to a positive divergence? Mark, I don't use the Osciallator itself - too spiky for my taste. I use the Summation Index, which is much smoother. And I use that of the NASDAQ - not that of the NYSE. There it is relatively easy to see where the overbought/Dover Sole levels are and when it has reversed. Regards, Vesselin Link to comment Share on other sites More sharing options...
Guest Posted March 12, 2003 Report Share Posted March 12, 2003 5-day ARMS was at a 16-year high yesterday. ?All prior records close to that number resulted in a 25% rally in the broad market shortly thereafter. Wndy That is quite interesting. Do you have a chart or a link for that? Can't get Bretz TRIN-5 easily, but the 5-dma of the regular TRIN is a fair approximation of it. (Just look at the pattern; not at the particular values; they are 5 times lower than the actual Bretz TRIN-5.) Regards, Vesselin Link to comment Share on other sites More sharing options...
Guest Posted March 12, 2003 Report Share Posted March 12, 2003 Investors don't think that way generally because it isn't a zero sum game. If the perceived value of society, companies, the future grows, then everyone makes money who owns a piece of the future. To be an investor, you have to believe that the future holds greater things than the present. You are not betting against someone, you are betting "on" everyone. "Oh, bold investor in the future, thou surely art an idiot!" - Mogambo Guru. Regards, Vesselin Link to comment Share on other sites More sharing options...
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