The End Posted October 20, 2004 Report Share Posted October 20, 2004 K wave, There is bullish divergence on your post of 10:47 pm est.(60 min.spx) I do notice the crossovers however. Link to comment Share on other sites More sharing options...
K Wave Rider Posted October 20, 2004 Report Share Posted October 20, 2004 K wave, You got a target for UNH. I have been short this for a very long time. Edit - I see a possible 4 handle. (48ish) First target hit today at 65.. 45-48 could be a realistic mutliweek target.. Link to comment Share on other sites More sharing options...
The End Posted October 20, 2004 Report Share Posted October 20, 2004 K wave, You got a target for UNH. I have been short this for a very long time. Edit - I see a possible 4 handle. (48ish) First target hit today at 65.. 45-48 could be a realistic mutliweek target.. Tanks Bud. :wink2: Link to comment Share on other sites More sharing options...
K Wave Rider Posted October 20, 2004 Report Share Posted October 20, 2004 K wave, There is bullish divergence on your post of 10:47 pm est.(60 min.spx) I do notice the crossovers however. sub 1090 should take care of that..we need to drop pretty much from the getgo manana, or I will lighten up substantially.. Link to comment Share on other sites More sharing options...
NWD Posted October 20, 2004 Report Share Posted October 20, 2004 A "Herstatt risk" event could make this happen.? Some big failures that take down their creditors, that take down their creditors, etc., creating the pattern of "cascading cross-defaults." It would be literal deflation; most of the money supply, consisting of credit balances would disappear in a matter of weeks, maybe less. My guess is, that the wave of defaults has already begun under the surface..and will soon reveal itself as a massive Tidal Wave.. Then, at least for a while, cash, i.e., federal reserve notes and coins, is king? Link to comment Share on other sites More sharing options...
brian4 Posted October 20, 2004 Report Share Posted October 20, 2004 I agree K-Wave I think it has started, I posted earlier today that foreign money was leaving this market-Billion $ chips coming off the table in the U.s and going home to Europe (source Ft) and Canada's inflow of foreign $'s 897 Million into our markets while Canadian investors took 1.1 Billion in chips off the U.S. Table. Link to comment Share on other sites More sharing options...
The End Posted October 20, 2004 Report Share Posted October 20, 2004 K wave, There is bullish divergence on your post of 10:47 pm est.(60 min.spx) I do notice the crossovers however. sub 1090 should take care of that..we need to drop pretty much from the getgo manana, or I will lighten up substantially.. With that statement, I agree 100% and bid you all a good night. May the farts be with us tomorrow. Link to comment Share on other sites More sharing options...
The End Posted October 20, 2004 Report Share Posted October 20, 2004 There will come a time where CASH is king for a while. Night' all. Link to comment Share on other sites More sharing options...
K Wave Rider Posted October 20, 2004 Report Share Posted October 20, 2004 A "Herstatt risk" event could make this happen.? Some big failures that take down their creditors, that take down their creditors, etc., creating the pattern of "cascading cross-defaults." It would be literal deflation; most of the money supply, consisting of credit balances would disappear in a matter of weeks, maybe less. My guess is, that the wave of defaults has already begun under the surface..and will soon reveal itself as a massive Tidal Wave.. Then, at least for a while, cash, i.e., federal reserve notes and coins, is king? That's my thinkin' for at least the initial super deflation wave.. After that, who knows.. I could be dead wrong..should have a good idea within the next month or so.. Link to comment Share on other sites More sharing options...
pistolpapa Posted October 20, 2004 Report Share Posted October 20, 2004 Remember Hypertiger's last treatises: Inflation is finite, temporary and constructed of lies. Deflation in infinite, eternal and constructed of truth. Pistol's extension of Hypertiger's treatises: Inflation is man-made and at its apex, everything is expensive. Deflation is natural and at its nadir, everything is free. (Birds do not pay for their food.) Even though we are humans, we are still of a natural world, the Earth. Therefore, if we try to venture too far away from Her into the realm of inflation, She will pull us back with whatever force is necessary and at a time of Her choosing. So you can look at all the charts, figures and mental maps you want. I got my ear to the dirty ground -- listening for that gentle sound. Link to comment Share on other sites More sharing options...
brian4 Posted October 20, 2004 Report Share Posted October 20, 2004 There is a very nasty Astro at tomorrows open which also happens to be a nasty fibo retrace-my take tonite is good luck wit dat! Link to comment Share on other sites More sharing options...
wonmug Posted October 20, 2004 Report Share Posted October 20, 2004 Wal-Mart on the brink While still not a certainty, the 165 retirees, single moms, students and other hourly workers at this store 2 1/2 hours north of Quebec City could soon become the first anywhere to extract what the world's largest private employer insists its 1.5-million ?associates? around the world neither want nor need ? a union contract. A government agency has certified the workers as a union and told the two sides to negotiate. Link to comment Share on other sites More sharing options...
brian4 Posted October 20, 2004 Report Share Posted October 20, 2004 Te my Bud I see you there, you cracked another Molson didn't ya! Link to comment Share on other sites More sharing options...
jstrack Posted October 20, 2004 Report Share Posted October 20, 2004 Money exists because it is useful and more efficient than barter or hunting...lol Link to comment Share on other sites More sharing options...
rog Posted October 20, 2004 Report Share Posted October 20, 2004 Yankees !!! edit: *%^$*#^%( umpire *(&^)*&@#!^*&~!@# interference &*(^#)*& Link to comment Share on other sites More sharing options...
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