DrStool Posted November 11, 2009 Report Share Posted November 11, 2009 i picked up a hammer but i don't see Stocks for 1100, Alex. The mean is the average of these two points. Link to comment Share on other sites More sharing options...
TenaciousG Posted November 11, 2009 Report Share Posted November 11, 2009 I re-shorted again @ 1097 - stop above 1100. Why won't this beast die! Link to comment Share on other sites More sharing options...
DrStool Posted November 11, 2009 Author Report Share Posted November 11, 2009 Why, because it's a bull market. -- Reminiscences of a Stock Operator Link to comment Share on other sites More sharing options...
DrStool Posted November 11, 2009 Author Report Share Posted November 11, 2009 I think that the problem many of us still have is in attempting to make sense of the market in terms of the economy. This is not wise. The stock market has absolutely nothing to do with the economy. Link to comment Share on other sites More sharing options...
Drano Posted November 11, 2009 Report Share Posted November 11, 2009 GMCR beats by a penny but seemingly because they didn't beat by a whole lot more, are down after hours. I don't know. A p/e of 61 seems reasonable for a coffee roaster, don't you think? Link to comment Share on other sites More sharing options...
swordfish Posted November 11, 2009 Report Share Posted November 11, 2009 why 50% fibo at DJIA? maybe 61.8% is better? Also there would be a peak from 2000 year, and a strange 10 year H&S pattern. Link to comment Share on other sites More sharing options...
TenaciousG Posted November 11, 2009 Report Share Posted November 11, 2009 Why, because it's a bull market. -- Reminiscences of a Stock Operator I guess I am just retarded - only simple answer! Link to comment Share on other sites More sharing options...
Drano Posted November 11, 2009 Report Share Posted November 11, 2009 GMCR moving back up after hours now. Someone's got too much caffeine coursing through their veins. Link to comment Share on other sites More sharing options...
TenaciousG Posted November 11, 2009 Report Share Posted November 11, 2009 I think that the problem many of us still have is in attempting to make sense of the market in terms of the economy. This is not wise. The stock market has absolutely nothing to do with the economy. I think I am over that now - after six months of the market slapping in me in the face I think I grasp that concept now. Today I am simply playing the probability that we have been up 8 days in a row and simply looking for one red candle. I could be wrong and probably will be! Link to comment Share on other sites More sharing options...
Ags Nightmare Posted November 11, 2009 Report Share Posted November 11, 2009 HPQ beats guides up and pays 2.7 billion for COMS... with the QE going on and carry trade we could see 300 on HPQ... I must say they are the only PC'sI have ever bought and never had a problem...they are a well run company.. More Red Bull on acid stuff for Lost Money and Cramit...key is what the FX does overnight..... Doc is right...so many other things pushing this pig higher,,, Link to comment Share on other sites More sharing options...
Trader Joe Posted November 11, 2009 Report Share Posted November 11, 2009 I think that the problem many of us still have is in attempting to make sense of the market in terms of the economy. This is not wise. The stock market has absolutely nothing to do with the economy. Ding....Ding....Ding.... It's all about what the market does.....not what you think it should do.... Link to comment Share on other sites More sharing options...
DrStool Posted November 11, 2009 Author Report Share Posted November 11, 2009 The Dow is 30 stocks, and it's not the same 30 stocks that it was 9 years ago. April 8, 2004 American International Group Incorporated, Pizer Incorporated and Verizon Communications Incorporated replaced AT&T Corporation, Eastman Kodak Company and International Paper Company. February 19, 2008 Bank of America Corporation and Chevron Corporation replaced Altria Group, Incorporated and Honeywell International, Incorporated September 22, 2008 Kraft Foods Inc. replaced American International Group Inc June 8, 2009 The Travelers Companies, Inc. replaced Citigroup, Inc. and Cisco Systems, Inc. replaced General Motors Corp. Where would the Dow be if they kept the dogshit in the list. Not that the SPX is any better. Far from it. Their turnover is probably far higher in percentage terms. Link to comment Share on other sites More sharing options...
Ags Nightmare Posted November 11, 2009 Report Share Posted November 11, 2009 HPQ guides up from 1.03 to 1.05....bumped revenues a little....COMS price 7.90 in an all cash deal Link to comment Share on other sites More sharing options...
Trader Joe Posted November 11, 2009 Report Share Posted November 11, 2009 I must say they are the only PC'sI have ever bought and never had a problem...they are a well run company.. Same here....great minds and all that sort of stuff... On the other hand, Dell and Toshiba are two of the biggest pieces of crap I have ever used (corporate PC's / laptops back in the day) Link to comment Share on other sites More sharing options...
Trader Joe Posted November 11, 2009 Report Share Posted November 11, 2009 all cash deal Funny.... I thought that companies didn't have any cash.... Link to comment Share on other sites More sharing options...
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