Charmin Posted December 17, 2009 Report Share Posted December 17, 2009 Either the pigmen are building a steel I-beam above the box or the TurkeyNeck trade will get implemented to push it down into the box as the yellow 5 day moves into the zero momentum zone. Bears need a Dubai Day to show up. Link to comment Share on other sites More sharing options...
cwd Posted December 17, 2009 Report Share Posted December 17, 2009 It's official !!! Atlantic City is done First PA began opening slots and other gambling in the fast few years Now Long Island NY is looking to begin opening casinos at certain beach areas (no link yet, heard the teaser on the local cable news channel) While I don't know the proportion of NY vs PA vs NJ customer traffic, I do know that almost every other car on the Garden State Parkway past exit 82 was from New York and almost all of those were going to AC It's over Johnny, it's so over! A real casino economy. How sad. Link to comment Share on other sites More sharing options...
Charmin Posted December 17, 2009 Report Share Posted December 17, 2009 It may be that the 8 day green cycle needs another two days to implement a greater push down to get price to comply. Link to comment Share on other sites More sharing options...
Charmin Posted December 17, 2009 Report Share Posted December 17, 2009 Once again, shorts did not run for cover in the spx from the Nov. 16 high. http://www.StockSharePublishing.com/ChartL..._1261011405.png Link to comment Share on other sites More sharing options...
Jorma Posted December 17, 2009 Report Share Posted December 17, 2009 black horse event - Chairman Ben S. Bernanke faces a confirmation vote for a second term by the Senate Banking Committee tomorrow source: http://www.bloomberg.com/apps/news?pid=206...ggW6k&pos=1 This is the Finance Committee vote which then turns the confirmation out to the floor. The vote is scheduled for Thursday morning. I am not very up on the stupendous complexities of senate rules but I think that if the committee was not going to vote yes then there would not be a vote. As when it goes to the floor a certain amount of members will primp and preen and go all maverick knowing full well Ben will win. None of them have the nerve to actually be the deciding vote in his rejection. For as we know they are being told rejecting Ben might destroy confidence and the world may end and then their picture would top the history book chapter on the Second Great Depression like Hoovers does the first. http://www.nasdaq.com/aspx/stock-market-ne...t-bernanke-vote Of course the old Maverick himself President McCain is now opposed and wants Volker. Sadly McCain is only president on the Sunday morning gasbag shows. If he actually was president we would probably be looking at the nomination of, you guessed it, Ben Bernanke. Link to comment Share on other sites More sharing options...
psyche doctor Posted December 17, 2009 Report Share Posted December 17, 2009 For those night traders out there, oil appears to be in a bear flag which could be on the verge of rolling over. Link to comment Share on other sites More sharing options...
psyche doctor Posted December 17, 2009 Report Share Posted December 17, 2009 For those night traders out there, oil appears to be in a bear flag which could be on the verge of rolling over. Maybe something like this: Link to comment Share on other sites More sharing options...
Ags Nightmare Posted December 17, 2009 Report Share Posted December 17, 2009 OMG catching some Lost-Late Absolute confusion and mayhem about Citi doing their equity offer at $3.15 WAH WAH WAH WAH WAH Good for me....looks like I may be actually be able to add to my position below $3.00, which is where I want it The analytical & trading ability of the Lost money gang is ZERO -- Tim Seemorebutz is especially pathetic....but we already knew that UGH TJ and PD you guys are on a roll.....great stuff tonight..I'm coaching a B-ball team and caught Late Lost in the car....this is what I heard...." If you at the price...if you look at the space...iif you look at the split...if you wanna own it...if you gotta own it...if you look at MS...if you look at BAC...if you look a the look at if you look at....( Head explodes)....Arggghh....if you...arrrghh..if...arggghhh... PT 1 was losing it... And lastly WTF IS IT WITH GROUCHO AND JEFFRIES ????????? This ass hat has been pumping Jeffries for the whole year....does this hack have stock options or something ????....Friggin Jeffries ???? Every farking day....What do you like "Gheee" aka Groucho????" If you gotta be in the financials...you just gotta own Jeffries".... At least Eeyore wasn't there to say "I don't know"...... Link to comment Share on other sites More sharing options...
Jimi Posted December 17, 2009 Report Share Posted December 17, 2009 Dickbag Bove is bearish on Citi Perfect setup I'll take the other side of this useless f**k's position every day of the week Plus he was yammering on about how he had a meeting with "C" management and advised against doing the equity raise....assuming they did meet with the Bag (which I seriously doubt)....then they did what I would have done....the exact opposite Full Disclosure: This is not a short-term flip trade...at least for me...I think That pr*ck was still assuring $20/share this past spring. Total douche. Link to comment Share on other sites More sharing options...
TenaciousG Posted December 17, 2009 Report Share Posted December 17, 2009 Maybe something like this: I will be up tonight - be back later. Looking at Sugar, Oil and Currencies. Link to comment Share on other sites More sharing options...
Jimi Posted December 17, 2009 Report Share Posted December 17, 2009 Published: Thursday, 15 Oct 2009 | 8:12 AM ET Text Size By: CNBC.com Goldman Sachs is the best managed company in the financial sector, while Citigroup stock is the cheapest, Rochdale Securities Banking anal cyst Richard Bove said Thursday. Citigroup [C 3.46 -0.10 (-2.81%)] has the potential to reach $20 a share, and if so the stock can triple in two to three years, Bove told “Squawk Box.” http://www.cnbc.com/id/33324483 Link to comment Share on other sites More sharing options...
Speakeasy Posted December 17, 2009 Report Share Posted December 17, 2009 That's the way it is. What's the difference between paying for sex and sex for free? Paying for it is cheaper. Well, uh, paying for sex is just easier. It is not even sport. You don't have to win anything, just have to trade a pile of benjamins for fake affection. Sex without emotional attachment, can be sport, but not if you pay for it. I did it once and got lucky 'cause it was Japan, a culture of female submission and reticence. Link to comment Share on other sites More sharing options...
psyche doctor Posted December 17, 2009 Report Share Posted December 17, 2009 I will be up tonight - be back later. Looking at Sugar, Oil and Currencies. The oil trade is working. I shorted several CL at levels around 73. Waiting for more downside, hoping to dump them near 72 but will dump earlier if trouble starts to surface. Will be up around the time that sugar opens looking for a short set up. Link to comment Share on other sites More sharing options...
specie Posted December 17, 2009 Report Share Posted December 17, 2009 ugg, ben talk, dollar go up Link to comment Share on other sites More sharing options...
psyche doctor Posted December 17, 2009 Report Share Posted December 17, 2009 The POTUS said that the costs of Medicare and Medicaid are on an “unsustainable” trajectory and if there is no action taken to bring them down, “the federal government will go bankrupt.” I would hate to inform him and other members of the government that our federal government is already bankrupt - they just haven't filed yet! I know many here have been reading the Martin Armstrong essays. They are all very interesting, informative and enlightening. Here is one that discusses the government debt time bomb, in case you haven't read it. A Three Year Old With a Pocket Calculator Can Figure Out We Are Screwed! 10/1/09 Link to comment Share on other sites More sharing options...
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