Phil Late Show Posted November 28, 2007 Report Share Posted November 28, 2007 2:00Weak dollar boosting factories and tourism: Beige Book2:00Beige Book finds pessimism about holiday sales 2:00Some labor markets have loosened: Beige Book 2:00Retail inventories above desired levels: Beige Book 2:00Food and energy putting pressure on prices: Beige Book 2:00Glut of unsold homes weighing on prices, Beige Book 2:00Standards up on consumer loans, Beige Book says 2:00Business loan volume down, Beige Book says 2:00Slowdown has arrived: Fed's Beige Book reports 628630[/snapback] The Vague Book sounds kinda depressing, what with terms like 'slowdown', 'pessimism', 'glut'... what's one to do with that? BUY STOCKS, MORANS! Link to comment Share on other sites More sharing options...
patents Posted November 28, 2007 Report Share Posted November 28, 2007 2:00Weak dollar boosting factories and tourism: Beige Book2:00Beige Book finds pessimism about holiday sales 2:00Some labor markets have loosened: Beige Book 2:00Retail inventories above desired levels: Beige Book 2:00Food and energy putting pressure on prices: Beige Book 2:00Glut of unsold homes weighing on prices, Beige Book 2:00Standards up on consumer loans, Beige Book says 2:00Business loan volume down, Beige Book says 2:00Slowdown has arrived: Fed's Beige Book reports 628630[/snapback] Are they allow to mention this? 628634[/snapback] Mis-interpretation - good for the markets, the Fed will ease. Link to comment Share on other sites More sharing options...
DrStool Posted November 28, 2007 Report Share Posted November 28, 2007 some 3 day cycle indicators edging to sell side. These are indicators that are early in most, but not all cases. Link to comment Share on other sites More sharing options...
DrStool Posted November 28, 2007 Report Share Posted November 28, 2007 spx is in the 3 day cycle projection zone. Dow still has another 40 points or so to go. Link to comment Share on other sites More sharing options...
DrStool Posted November 28, 2007 Report Share Posted November 28, 2007 rechecking 3 day cycle projections dow 13330 spx 1466-74 qqqq 51.90-.95 628610[/snapback] still some room on the qqqq too. Link to comment Share on other sites More sharing options...
DrStool Posted November 28, 2007 Report Share Posted November 28, 2007 spx 3 day cycle projection now looking 1480ish. Link to comment Share on other sites More sharing options...
dogsie Posted November 28, 2007 Report Share Posted November 28, 2007 It isn't fair, on big down days shorts get shaken out at least a couple times by 10 pts SPX pt rallies, the reverse doesn't happen on days like this. Link to comment Share on other sites More sharing options...
K Wave Rider Posted November 28, 2007 Report Share Posted November 28, 2007 Dumping longs picked up when bears dropped the soap yesterday.... flipping short for a scalp... Link to comment Share on other sites More sharing options...
K Wave Rider Posted November 28, 2007 Report Share Posted November 28, 2007 Got a nice bounce off da big round number in da Loonie too... Link to comment Share on other sites More sharing options...
Bungster Posted November 28, 2007 Report Share Posted November 28, 2007 Dumping longs picked up when bears dropped the soap yesterday.... flipping short for a scalp... 628645[/snapback] Make them bulls pay! Link to comment Share on other sites More sharing options...
K Wave Rider Posted November 28, 2007 Report Share Posted November 28, 2007 Now y'all know why I was watching the hourly support on the NDX so closely..... Link to comment Share on other sites More sharing options...
K Wave Rider Posted November 28, 2007 Report Share Posted November 28, 2007 It isn't fair, on big down days shorts get shaken out at least a couple times by 10 pts SPX pt rallies, the reverse doesn't happen on days like this. 628644[/snapback] it because this is a wedge explosion....like I said yesterday, they were shakin' the tree before a big one Link to comment Share on other sites More sharing options...
Jimi Posted November 28, 2007 Report Share Posted November 28, 2007 Speak, you got that handy link to the realtime dollar index? Did we see a hit to the dollar after the fuchsia book? Link to comment Share on other sites More sharing options...
Speakeasy Posted November 28, 2007 Report Share Posted November 28, 2007 Speak, you got that handy link to the realtime dollar index? Did we see a hit to the dollar after the fuchsia book? 628650[/snapback] I don't have a realtime link. I think cwd does though. Link to comment Share on other sites More sharing options...
Dr.Correll Posted November 28, 2007 Report Share Posted November 28, 2007 what is the biggest positive, and negative day you can remember... Link to comment Share on other sites More sharing options...
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