An Ant Posted December 18, 2003 Report Share Posted December 18, 2003 At this rate we'll be 1100 by close and 11000 by 12/31 Link to comment Share on other sites More sharing options...
Guest Posted December 18, 2003 Report Share Posted December 18, 2003 PXP just caught fire. Got gas! Link to comment Share on other sites More sharing options...
Guest Posted December 18, 2003 Report Share Posted December 18, 2003 Bingo... Ok can we go down from here now....??? Link to comment Share on other sites More sharing options...
machinehead Posted December 18, 2003 Report Share Posted December 18, 2003 Bonds strong with doolar weak suggests Asian central banks (e.g. Japan) buying doolars and parking proceeds in Treasuries. Like their purchases of Rockefeller Center and Pebble Beach golf course, this will turn out to be another case of piling into an overvalued asset -- U.S. T-bones -- at the top. Link to comment Share on other sites More sharing options...
richmtn Posted December 18, 2003 Report Share Posted December 18, 2003 Hello, If I had to pick a top I would say that 1089-1093 +/- 3 points. The day is either today or Monday. If that's not it, then I will have to do some serious scratching on my head. Happy holidays and a healthy 2004 to everyone. Hi BB. Got any new charts for us I'm still using this one? Sorry for the line I added you weren't around. :wink2: Link to comment Share on other sites More sharing options...
Bird D Durr Posted December 18, 2003 Report Share Posted December 18, 2003 Buttapluggala................Must have a woody..............Down in his FL Boilerroom............. Link to comment Share on other sites More sharing options...
Goldmember Posted December 18, 2003 Report Share Posted December 18, 2003 Blown out CMAP. Indicators are screaming that Bullie is running on fumes and borrowed or stolen time. Link to comment Share on other sites More sharing options...
Guest Posted December 18, 2003 Report Share Posted December 18, 2003 Bonds strong with doolar weak suggests Asian central banks (e.g. Japan) buying doolars and parking proceeds in Treasuries. Like their purchases of Rockefeller Center and Pebble Beach golf course, this will turn out to be another case of piling into an overvalued asset -- U.S. T-bones -- at the top. I think that we may have sold (out) Taiwan last week when the big Chinaman was in town in return for continued help with our little debt problem. IMO Link to comment Share on other sites More sharing options...
richmtn Posted December 18, 2003 Report Share Posted December 18, 2003 Now they went and broke it. Link to comment Share on other sites More sharing options...
Guest Posted December 18, 2003 Report Share Posted December 18, 2003 Gruff-o-meter busted Link to comment Share on other sites More sharing options...
Guest Posted December 18, 2003 Report Share Posted December 18, 2003 Gruff-o-meter busted But, I guarantee you, Gruff ain't. Link to comment Share on other sites More sharing options...
machinehead Posted December 18, 2003 Report Share Posted December 18, 2003 I think that we may have sold (out) Taiwan last week when the big Chinaman was in town in return for continued help with our little debt problem. IMO Then it becomes a question of when the Bank of China and the Bank of Japan finally pull the plug on their bad trades. We know they can hide their losses for a long time, but even central banks have trading limits. Calling Nick Leeson ... Link to comment Share on other sites More sharing options...
blackbelt Posted December 18, 2003 Report Share Posted December 18, 2003 Hi BB. Got any new charts for us I'm still using this one? Rich, I haven't updated the Gann charts because the market is in a trending mode and some squares have changed and now need to be calculated from the March 03 low. There are a number of reasons I expect the top within the numbers and the days I posted earlier. 1086 is 360 degrees from the March 03 low, 1093 "squares" (90 degrees) the same low and either today or early next week "squares" from major time pivots, including the 3/19/02 high. In other words, the Gann charts didn't come into play to arrive to my conclusion Link to comment Share on other sites More sharing options...
Guest Posted December 18, 2003 Report Share Posted December 18, 2003 Then it becomes a question of when the Bank of China and the Bank of Japan finally pull the plug on their bad trades. We know they can hide their losses for a long time, but even central banks have trading limits. Calling Nick Leeson ... I wasn't kidding. Taiwan is a gonner after the election. Link to comment Share on other sites More sharing options...
crooked_analyst Posted December 18, 2003 Report Share Posted December 18, 2003 I wasn't kidding. Taiwan is a gonner after the election. Aren't we all.... Link to comment Share on other sites More sharing options...
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