Jimi Posted October 9, 2003 Report Share Posted October 9, 2003 Nothing like a swift kick to the crotch to start of the day....As soon as Tim Wood is done with his Barf Bag, could someone please forward it this way...... I heard Tim Wood's figure on Puplava recently, and scribbled it down somewhere, and I think we violated it on the upside today. Do you know, however, whether he relies on closing figures, as opposed to intraday violations? Link to comment Share on other sites More sharing options...
Dharmaeye Posted October 9, 2003 Report Share Posted October 9, 2003 Gap 'O Rama 50% retracement on AMaZNing is 59.25 - getting close. .618 is 71.93 Link to comment Share on other sites More sharing options...
rog Posted October 9, 2003 Report Share Posted October 9, 2003 rog: t hanks, I saw the same, but it must have been a "young traders" mistake. Soup, seeing lots & lots of small sellers in the sox. Link to comment Share on other sites More sharing options...
crooked_analyst Posted October 9, 2003 Report Share Posted October 9, 2003 2nd action.... Temporary Open Market Operations for October 09, 2003 Delivery date: Thursday, October 09, 2003 Maturity date: Friday, October 10, 2003 The Desk has entered the market announcing: O/N RP 1 Treasury Collateral Operation Agency Collateral Operation Mortgage-Backed Collateral Operation Weighted Average Rate .974 1.007 N/A Stop Out Rate (Lowest Rate Accepted) .960 1.000 N/A Highest Rate Submitted .990 1.010 1.000 Lowest Rate Submitted .940 .960 .960 Total Propostions Submitted (in $bil.) 12.700 6.250 1.850 Total Propositions Accepted (in $bil.) 5.538 .212 .000 Total Money Value of Operation (in $bil.) 5.75 Link to comment Share on other sites More sharing options...
Guest Posted October 9, 2003 Report Share Posted October 9, 2003 If those are short sellers and if the SOX doesn't drop further, those short sales could turn into fuel. Link to comment Share on other sites More sharing options...
Bearman Posted October 9, 2003 Report Share Posted October 9, 2003 3 new lows on the NYSE already! don't laught thats alot for this bubble Link to comment Share on other sites More sharing options...
rog Posted October 9, 2003 Report Share Posted October 9, 2003 If those are short sellers and if the SOX doesn't drop further, those short sales could turn into fuel. Brokers (MER, GS, LEH) sliding also Link to comment Share on other sites More sharing options...
soup Posted October 9, 2003 Report Share Posted October 9, 2003 bubbleII is alive and well until further notice. However I think this one ends with a bang not a whimper. Every mo mo out there thinks they can get out before it heads south, ( as the aftereffects of bubble I are still very fresh), will the exits be that accomadative? Link to comment Share on other sites More sharing options...
Nice Try Posted October 9, 2003 Report Share Posted October 9, 2003 Bet the S&P ends below 1040 today....if it does, will confirm a top.... Intc, GE not confirming rally Link to comment Share on other sites More sharing options...
Guest Posted October 9, 2003 Report Share Posted October 9, 2003 bubbleII is alive and well until further notice. However I think this one ends with a bang not a whimper. Every mo mo out there thinks they can get out before it heads south, ( as the aftereffects of bubble I are still very fresh), will the exits be that accomadative? I guess you could call me Mo Mo Mouse! Link to comment Share on other sites More sharing options...
gruff Posted October 9, 2003 Report Share Posted October 9, 2003 We seen dis one before... Link to comment Share on other sites More sharing options...
Nice Try Posted October 9, 2003 Report Share Posted October 9, 2003 As good as it gets at the banks....?? UPDATE 3-SunTrust Banks 3rd-qtr profit falls 3 pct (Adds details throughout) By Jonathan Stempel NEW YORK, Oct 9 (Reuters) - SunTrust Banks Inc. , the No. 10 U.S. bank by assets, on Thursday said third-quarter profit fell 3 percent as costs rose, margins shrank and mortgage production declined. The Atlanta-based bank said net income fell to $331.6 million, or $1.18 per share, from $343 million, or $1.20 per share, a year earlier. SunTrust is the first big U.S. bank to report third-quarter results, and is considered a bellwether for the sector. Revenue excluding securities gains rose 5 percent to $1.39 billion despite stagnant corporate loan demand and a 61 percent drop in mortgage production fees from the second quarter. Noninterest expense, such as salaries and equipment, rose 11 percent from a year earlier to $859.9 million. It rose just 0.4 percent from the prior quarter, excluding the purchase of Lighthouse Community Bank and low-cost housing provisions, the bank said. Link to comment Share on other sites More sharing options...
machinehead Posted October 9, 2003 Report Share Posted October 9, 2003 bubbleII is alive and well until further notice. However I think this one ends with a bang not a whimper. Every mo mo out there thinks they can get out before it heads south, ( as the aftereffects of bubble I are still very fresh), will the exits be that accomadative? In the 4-year cycle, 2003 is analogous to 1999. But it is also analogous to 1987. Both those years featured pullbacks in the autumn. The one in 1987 was bigger, though. Link to comment Share on other sites More sharing options...
Bearman Posted October 9, 2003 Report Share Posted October 9, 2003 I want to know if we have enought Girlebulls in now to start a panic into OEX? Link to comment Share on other sites More sharing options...
DrStool Posted October 9, 2003 Report Share Posted October 9, 2003 Get Gas from today's Suctor Watch.. Take a subscribatory to the Anals, for the Gas release you're looking for RIGHT NOW! Along with cycle charts and price targets for 11 other leading market suctors like Oil, Homebuilders, Aerospace, Healthscare, Biodrech, SOX and more!? 15 Day Intro Trial just $2.99. Limited time offer! Get access RIGHT NOW! Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.