Rockhead Posted December 9, 2002 Report Share Posted December 9, 2002 DOW and NAZ clearly broke their consolidation areas....SP500 is struggling on the break. We got NYSE TICK positive with steeply falling TRIN....I dont like this...something up? Just a spectator at the moment. Remember, this is strictly short term...day trade stuff. Link to comment Share on other sites More sharing options...
Jorma Posted December 9, 2002 Report Share Posted December 9, 2002 don't know. A GS guy told me that many felt there were errors in the data. Thanksgiving late, yadda yadda yadda... Yea, they misplaced all those pot, oops, I mean potato farmers. Link to comment Share on other sites More sharing options...
Guest soup1 Posted December 9, 2002 Report Share Posted December 9, 2002 rock: just the govt working for you. Similar to we are from the govt and we are here to help. Link to comment Share on other sites More sharing options...
Takachi Posted December 9, 2002 Report Share Posted December 9, 2002 must have forgotten those 300,000 Christmas tree salesmen are agricultural workers Link to comment Share on other sites More sharing options...
Rockhead Posted December 9, 2002 Report Share Posted December 9, 2002 NYSE Sorry, but SO FAR this tells me they aint gonna let it drop. Falling TRIN and rising TICK....thats bullish for the short term. But TRIN is above 1.0 and therefore bearish. Link to comment Share on other sites More sharing options...
rog Posted December 9, 2002 Report Share Posted December 9, 2002 Bloomberg reporting BLS used wrong seasonal factors for Friday's unemployment report. Bush to announce SEC head @10:45 Link to comment Share on other sites More sharing options...
GregFokker Posted December 9, 2002 Report Share Posted December 9, 2002 Big FEED, net add. Temporary Open Market Operations: 12/09/2002 Maturity Date: 12/10/02 Delivery Date: 12/09/02 The Desk has entered the market announcing: O/N RP Temporary Operations Statistics: Treasury Collateral Operation Agency Collateral Operation Mortgage-Backed Collateral Operation Weighted Average Rate 1.270 1.290 NA Stop Out Rate (Lowest Rate Accepted) 1.270 1.290 NA Highest Rate Submitted 1.270 1.290 1.280 Lowest Rate Submitted 1.220 1.250 1.250 Total Propostions Submitted (In $Bil.) 33.450 5.050 2.650 Total Propositions Accepted (In $Bil.) 6.874 0.126 0.000 Total Money Value of Operation (In $Bil.) 7 Link to comment Share on other sites More sharing options...
seamus Posted December 9, 2002 Report Share Posted December 9, 2002 $7b in o/n repos Link to comment Share on other sites More sharing options...
Guest soup1 Posted December 9, 2002 Report Share Posted December 9, 2002 Shrub to name treasury nominee @10.45 Link to comment Share on other sites More sharing options...
simple guy Posted December 9, 2002 Report Share Posted December 9, 2002 Fridays unempl numbers to be revised? What more cockamamey shit can they come up with here? They keep putting lipstick on the economic pig, this train wreck, this light at the end of the tunnel thats a friggin freight train coming! Q1 03 is when the real collapse should begin in Techstock land... this recent rally was based on Momentum and Hope... and some IT Managers spending their year end bucks. This constant interference by Bush and his boys, and hiring people who will be puppets and speak bullishly on American solves nothing! It only makes me want to be even more short even longer... Link to comment Share on other sites More sharing options...
Guest Posted December 9, 2002 Report Share Posted December 9, 2002 Apparently, 1400 is support. If the COMPX can get solidly above 1410, it should bounce here - to 1430 or higher, but no higher than 1440-1445 and it should be over by the end of tomorrow, then the downtrend should resume. If 1400 breaks - LOB. Playing the bounce would be strictly daytrading stuff - and a very risky one, at that. Regards, Vesselin Link to comment Share on other sites More sharing options...
Guest Posted December 9, 2002 Report Share Posted December 9, 2002 9:00 AM CST CBOE Put/Call Equity 0.66 Index 1.37 Overall 0.79 Link to comment Share on other sites More sharing options...
SupplySider Posted December 9, 2002 Report Share Posted December 9, 2002 Frim todays WSJ ; What the bulls want for xmas: "What investors would like from the next Treasury secretary is a guy who makes the stock market go up ..." Nothing like those good ol' "non-interventionists" over at WSJ whining to Uncle Sam ... urrr ... Alexander Hamilton ... urrr ... Uncle Al ... to intervene. Link to comment Share on other sites More sharing options...
sweefraapp Posted December 9, 2002 Report Share Posted December 9, 2002 12/09 09:39 Maxim Integrated Rated New `In-line' at Salomon Smith Barney By Sybil Chahbandour Princeton, New Jersey, Dec. 9 (Bloomberg Data) -- Maxim Integrated Products (MXIM US) was rated new ``in-line'' in new coverage by anal cyst Clark R Westmont at Salomon Smith Barney. The target price is $38.00 per share. Link to comment Share on other sites More sharing options...
DrStool Posted December 9, 2002 Report Share Posted December 9, 2002 Well, it's an overnight. But it should light a little fire this PM. If not, this markeet could be ready for the spit. So far this morning's cycle map is looking good. The big Feed fits. Link to comment Share on other sites More sharing options...
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