rog Posted August 5, 2003 Report Share Posted August 5, 2003 Jimmy Jones has been droning on and on about GS futures selling driving the markets down. Let see. GS is the largest clearing firm for t-bonds and had spectacular profits last quarter from spread trading. Perhaps GS got caught by the short and curlies on the bond sell off. Link to comment Share on other sites More sharing options...
strikerm3 Posted August 5, 2003 Report Share Posted August 5, 2003 CSCO is irrelevant, at least to me. VIX is a rough background indicator that just seals the deal on the bear case. Funny thing is we've been on a 12,25 MACD trend sell signal since June 21st and trending lower in price since the Bradley July "Significant high" date. Internals have been decaying steadily since mid June mo-mo peak and yet there is so much hope and dip buying and pop-phobia. I understand. You see my positions though Looks like NEM could hit new highs today possibly, hopefully, maybe!! good luck... Link to comment Share on other sites More sharing options...
Bearman Posted August 5, 2003 Report Share Posted August 5, 2003 CSCO is irrelevant, at least to me. VIX is a rough background indicator that just seals the deal on the bear case. Funny thing is we've been on a 12,25 MACD trend sell signal since June 21st and trending lower in price since the Bradley July "Significant high" date. Internals have been decaying steadily since mid June mo-mo peak and yet there is so much hope and dip buying and pop-phobia. EMOTION OF HOPE It is a strong Killer Link to comment Share on other sites More sharing options...
Yaryman Posted August 5, 2003 Report Share Posted August 5, 2003 Will this be the President Bush campaign slogan. "The newly unemployed support the President"? Link to comment Share on other sites More sharing options...
PileDriver Posted August 5, 2003 Report Share Posted August 5, 2003 CSCO is irrelevant, at least to me. ?VIX is a rough background indicator that just seals the deal on the bear case. Funny thing is we've been on a 12,25 MACD trend sell signal since June 21st and trending lower in price since the Bradley July "Significant high" date. ?Internals have been decaying steadily since mid June mo-mo peak and yet there is so much hope and dip buying and pop-phobia. I understand. You see my positions though Looks like NEM could hit new highs today possibly, hopefully, maybe!! good luck... Absolutely. My posts aren't directed to anyone, they're directed to the general market situation. Everyone has a different timeframe and trading style and I always respect that. Just trying to help put this beast into perspective because when you watch every tick of the market everyday its very easy to lose sight of the big pic. The "Signifcant high" is slowly beginning to take shape. Just gotta be patient. Tops are slow to form as perma-bulls are almost always reluctant to "let go". Link to comment Share on other sites More sharing options...
machinehead Posted August 5, 2003 Report Share Posted August 5, 2003 CBOE put-call at 0.94 (10:30 a.m.) A touch of fear? Link to comment Share on other sites More sharing options...
Guest Posted August 5, 2003 Report Share Posted August 5, 2003 They can spin the ISM however they want, but it still does not look that good. Inventories up = not good Prices down= not good New exports down= not good Imports up= not good Inventory sentiment down = not good http://www.ism.ws/ISMReport/NMROB082003.htm Link to comment Share on other sites More sharing options...
Bearman Posted August 5, 2003 Report Share Posted August 5, 2003 L O B Link to comment Share on other sites More sharing options...
soup Posted August 5, 2003 Report Share Posted August 5, 2003 machine: no argument that we may have come too far too fast re the bonds. However 60 bil is a big number. Do you think we coast thru this week's auctions? Link to comment Share on other sites More sharing options...
EasyAl Posted August 5, 2003 Report Share Posted August 5, 2003 Does the drop in stock indices have anything to do with the spike in T-Bond, which is up 5.3 basis points today. Link to comment Share on other sites More sharing options...
Bearman Posted August 5, 2003 Report Share Posted August 5, 2003 You want Fear? US U03 107030 107080 105260 105300 -240 Link to comment Share on other sites More sharing options...
rog Posted August 5, 2003 Report Share Posted August 5, 2003 I've seen MER comne into the Spoo futures with large sell orders. MER also had spectacular spread trading profits last quarter. Link to comment Share on other sites More sharing options...
wndysrf Posted August 5, 2003 Report Share Posted August 5, 2003 Its OVER!!! Dramatic high volume selling wave hits AMAT on the open. Link to comment Share on other sites More sharing options...
machinehead Posted August 5, 2003 Report Share Posted August 5, 2003 Crude oil is still disturbingly firm, over $32 a barrel. Iraq's oil production is said to be less than half what it was before the invasion in March. As this situation drags on, it bothers Mr. Marke, who is an irascible character to start with. soup: I don't know if we coast thru the Treasury auctions. But after they're over -- good or bad -- there should be a sigh of relief for a few weeks, until thoughts turn to the next auction in November. Link to comment Share on other sites More sharing options...
soup Posted August 5, 2003 Report Share Posted August 5, 2003 rog: all the bulge boyz had a great run, most if not all profits were from bonds. Are they selling spoos because they overstayed their welcome in bond land?///// Machine: One truism about the auctions, the bonds will get sold. To whom and at what price are the only open questions Link to comment Share on other sites More sharing options...
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