Peek Paper Posted September 7, 2007 Report Share Posted September 7, 2007 The Fed+21 are running out of time if they want to jack the market pre-open this Friday. 605762[/snapback] So here I yam, in the Kansas City Airport this morning, just travellin' tryin to make a living, some would call it that , and I walk by the Crapvision store /kiosk/ propaganda bureau, and all their big old plasma screens are showing futes down 15+ and change ... and they're all showing Bloomberg, not Crapvision. Did Marky Haynes have a seizure and vomit on the set ? This looks like a really good day to retire Link to comment Share on other sites More sharing options...
DrStool Posted September 7, 2007 Report Share Posted September 7, 2007 crash helmets on? Link to comment Share on other sites More sharing options...
DrStool Posted September 7, 2007 Report Share Posted September 7, 2007 spx downtrending support line comes in around 1457. Link to comment Share on other sites More sharing options...
DrStool Posted September 7, 2007 Report Share Posted September 7, 2007 next support below that looks like 1454. Link to comment Share on other sites More sharing options...
Speakeasy Posted September 7, 2007 Report Share Posted September 7, 2007 The Fed+21 are running out of time if they want to jack the market pre-open this Friday. 605762[/snapback] I think next week is scam week. They'll probably pull one of those Burnanky Blindsides late in the week to put the screws to some of the ITM putz holders. There's still a lot of them out there. I'm looking to get out of my putz today just so there aren't any surprizes. 605767[/snapback] Actually, OpEx is 9/21, a few days after the fomc on the 18th, so take yer time. And the nalow says it's a top. Link to comment Share on other sites More sharing options...
DrStool Posted September 7, 2007 Report Share Posted September 7, 2007 initial 5 hr cycle projection spx looks 1452-53. Link to comment Share on other sites More sharing options...
DrStool Posted September 7, 2007 Report Share Posted September 7, 2007 qqqq 5 hr cycle projection is now in the 48.45 area. Price is ahead of projection. Link to comment Share on other sites More sharing options...
cwd Posted September 7, 2007 Report Share Posted September 7, 2007 As predicted: U.S. employment fell for the first time in four years last month on steep drops in construction and manufacturing payrolls, suggesting that the housing recession is starting to grip the broader economy. The report will likely put pressure on Federal Reserve officials to aggressively cut interest rates, starting with its policy meeting on Sept. 18. Wall Spin Journal 605764[/snapback] The big question is what happens when they cut? Link to comment Share on other sites More sharing options...
DrStool Posted September 7, 2007 Report Share Posted September 7, 2007 3 day cycle projection now looks 48.25-.30 Link to comment Share on other sites More sharing options...
Slappy Posted September 7, 2007 Report Share Posted September 7, 2007 Actually, OpEx is 9/21, a few days after the fomc on the 18th, so take yer time. And the nalow says it's a top. 605772[/snapback] Owwww! That's very different. Never Mind. Link to comment Share on other sites More sharing options...
crazy_ate Posted September 7, 2007 Report Share Posted September 7, 2007 Yesterday It's all about retail.... The consumer is strong.... No need for a rate cut.... Today Employment in the toilet.... Consumer will be decimated.... Multiple rates cuts needed NOW!!!! BWAAAAAAAAAAAHHHHHHHHHHHHH!!!!!!!!!! Link to comment Share on other sites More sharing options...
DrStool Posted September 7, 2007 Report Share Posted September 7, 2007 As predicted: U.S. employment fell for the first time in four years last month on steep drops in construction and manufacturing payrolls, suggesting that the housing recession is starting to grip the broader economy. The report will likely put pressure on Federal Reserve officials to aggressively cut interest rates, starting with its policy meeting on Sept. 18. Wall Spin Journal 605764[/snapback] The big question is what happens when they cut? 605775[/snapback] I stand by my prediction that the Dow will immediately drop 1000 points. Link to comment Share on other sites More sharing options...
K Wave Rider Posted September 7, 2007 Report Share Posted September 7, 2007 Here come da bouce...if you missed out at the highs, this bounce will most likely be the last chance near the breakdown.... Link to comment Share on other sites More sharing options...
DrStool Posted September 7, 2007 Report Share Posted September 7, 2007 hui has hit 3 day cycle projection of 361-362. Probably gonna get sucked into this vortex a bit. Link to comment Share on other sites More sharing options...
4shzl Posted September 7, 2007 Report Share Posted September 7, 2007 Notice what a nice orderly opening we had. No panicky capitulation driving the Sow down to 13K -- just constant, determined selling. All very professional -- and very ominous. Link to comment Share on other sites More sharing options...
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