DrStool Posted October 12, 2009 Report Share Posted October 12, 2009 What a dull game. Link to comment Share on other sites More sharing options...
swordfish Posted October 12, 2009 Report Share Posted October 12, 2009 pretty interesting The dollar-adjusted S&P 500Another extract from Diapason Commodities?€™ latest note, courtesy of author Sean Corrigan. This time the S&P 500 as multiplied by the US dollar trade-weighted index: http://av.r.ftdata.co.uk/lib/inc/getfile/17676.jpg According to Corrigan, the chart ?€” which is set to a logarithmic scale ?€” shows the extent to which money illusion has boosted the apparent performance of US equities. As he explains: Strip out the effect of the sickly greenback (by multiplying by the TWI) and we see that this bust has clearly spelt doom for a three-decade uptrend; that we are both hovering dangerously at the 50% mark of that whole move and also threatening to fail at the previous 2003 low. were that to occur, it could mean a much deeper unwind of the post-Tequila bubble era range. Link to comment Share on other sites More sharing options...
jickiss Posted October 12, 2009 Report Share Posted October 12, 2009 jickiss is back! jickiss is back! and The Louder the Wail, The True-er the Tale. When Options Expire Callz be Burned in The Fire! When "Call-numbness Day's" woozy Boyz'll Trick 'em on Tuesday Hence, gentle posters, GG forensics spell opportunity. Or Not. You decide! jickiss!!!!!!! Link to comment Share on other sites More sharing options...
Drano Posted October 12, 2009 Report Share Posted October 12, 2009 Various wonder stocks are moving up after hours. Blech ! Link to comment Share on other sites More sharing options...
Trader Joe Posted October 12, 2009 Report Share Posted October 12, 2009 Today's great quote..... "There is no reason that oil should be trading at these levels" Generic Hedge Hog Translation: I can't trade this b*tch worth a damn....every time I short, it moves higher, and every time I dong, it moves lower....I goner get fired by Christmas if I don't go "all in" and pick the right direction...... ___________________ Speaking of ....."getting fired by Christmas"...."going all in"....."making my year"......etc The number of hack investment managers that have missed this train is still "muy grande"......the run to get a seat on the train and go "all in" is going to be spectacular between now and the end of the year......biggest panic buying since the "dot bomb" days is in the offing....Hey, what's to lose, especially if it's not your own money? Now get on the train !!! ' Link to comment Share on other sites More sharing options...
shorty Posted October 12, 2009 Report Share Posted October 12, 2009 Today's great quote..... "There is no reason that oil should be trading at these levels" Generic Hedge Hog Translation: I can't trade this b*tch worth a damn....every time I short, it moves higher, and every time I dong, it moves lower....I goner get fired by Christmas if I don't go "all in" and pick the right direction...... ___________________ Speaking of ....."getting fired by Christmas"...."going all in"....."making my year"......etc The number of hack investment managers that have missed this train is still "muy grande"......the run to get a seat on the train and go "all in" is going to be spectacular between now and the end of the year......biggest panic buying since the "dot bomb" days is in the offing....Hey, what's to lose, especially if it's not your own money? Now get on the train !!! ' if yer speakin of common stocks, that train is already full of suckers drunk on false hope Kool-Aid, and it's about to run off the tracks again Link to comment Share on other sites More sharing options...
Bungster Posted October 12, 2009 Report Share Posted October 12, 2009 I am a foolish bear I am a foolish bear I am a foolish bear... This is what I'm looking at Should be the next consolidation or slight pullback??? Link to comment Share on other sites More sharing options...
shorty Posted October 12, 2009 Report Share Posted October 12, 2009 Oct. 12 (Bloomberg) -- The four biggest U.S. banks by assets may have to take writedowns on $55 billion of mortgage- collection contracts after marking them up by $11 billion in the second quarter, casting a shadow over earnings. “Nobody wants to point out that the emperor has no clothes,” said FBR’s Miller. “They all took massive hedging losses over the last quarter, mainly coming out of May, when rates shot up 150 basis points, and mysteriously MSRs were written up to match those losses.” Link to comment Share on other sites More sharing options...
capitall Posted October 12, 2009 Report Share Posted October 12, 2009 Oct. 12 (Bloomberg) -- The four biggest U.S. banks by assets may have to take writedowns on $55 billion of mortgage- collection contracts after marking them up by $11 billion in the second quarter, casting a shadow over earnings. “Nobody wants to point out that the emperor has no clothes,” said FBR’s Miller. “They all took massive hedging losses over the last quarter, mainly coming out of May, when rates shot up 150 basis points, and mysteriously MSRs were written up to match those losses.” Yeah, pretty mysterious. Link to comment Share on other sites More sharing options...
Bungster Posted October 12, 2009 Report Share Posted October 12, 2009 From TraderFeed blog...nice observations This is a quick follow up to my earlier post on divergences. Note that the new bull highs in the S&P 500 Index (ES futures) today were not confirmed by the NASDAQ or Russell 2000 Indexes. We also did not see new bull highs in the XLB, XLI, XLV, XLF, and XLK sector ETFs. I also show us as having made a little over 1400 20-day highs across the NYSE, NASDAQ, and ASE--well down from the levels of mid-September. I continue to see this as part of a topping process in stocks. http://traderfeed.blogspot.com/ Link to comment Share on other sites More sharing options...
Bungster Posted October 12, 2009 Report Share Posted October 12, 2009 Dollar bottom?...VIX bottom??? Link to comment Share on other sites More sharing options...
DrStool Posted October 12, 2009 Author Report Share Posted October 12, 2009 There were negative divergences for nearly a year and a half running before the market topped out in October of 2007. Absolutely meaningless in that case. Link to comment Share on other sites More sharing options...
shorty Posted October 12, 2009 Report Share Posted October 12, 2009 a great historic crapcommon fraudex shorting opportunity has been handed to us right here madbull dongers playin' Russian Roulette careful one them dongs misfires could git messy Link to comment Share on other sites More sharing options...
shorty Posted October 12, 2009 Report Share Posted October 12, 2009 Dollar bottom?...VIX bottom??? bingo and what happens to crapcommon bullphorics here with even the slightest substantial uptick in the DX? heap big buyers' reamorse ouch Link to comment Share on other sites More sharing options...
K Wave Rider Posted October 12, 2009 Report Share Posted October 12, 2009 First the GOLD 1500 a few days ago. And now this one.... Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.