Guest jrmfl Posted January 8, 2004 Report Share Posted January 8, 2004 rally = D O A Link to comment Share on other sites More sharing options...
Black Prince Posted January 8, 2004 Report Share Posted January 8, 2004 Am hitting my monitor, seeing negative tick. Link to comment Share on other sites More sharing options...
soup Posted January 8, 2004 Report Share Posted January 8, 2004 just reread hickey, fornicate them , bidding april nok puts. ( Btw what did the company have to say ? Link to comment Share on other sites More sharing options...
BeerMarket Posted January 8, 2004 Report Share Posted January 8, 2004 TRID can't even go up on what sounds like good news the last couple of days - today an agreement with Samsung today and a Chinese manufacturer the other day. Already short here but could be a better setup if it breaks 15: http://stockcharts.com/def/servlet/SC.web?c=TRID,uu[w,a]daclyyay[dc][pc62!c200!f][vc60][iUb14!La12,26,9]&pref=G Link to comment Share on other sites More sharing options...
Hypertiger Posted January 8, 2004 Report Share Posted January 8, 2004 Rates must eventually drop to sustain this construct we are trapped in/dependant on...whatever happens mortgage rates must drop at some point to new lows... At some point the psychology will collapse...at the back of the line in the slaughter house the cows are docile...the closer to the killing room they get the more disturbed they become...It is only a matter of time until the grim realities become self evident...first is wild desperate animal stage then in the killing room that will turn into wild cornered animal stage... Link to comment Share on other sites More sharing options...
Guest Posted January 8, 2004 Report Share Posted January 8, 2004 Just covered a LEN short at 90. Probably too early. The homebuilders look cooked. Link to comment Share on other sites More sharing options...
GregFokker Posted January 8, 2004 Report Share Posted January 8, 2004 It's all right here on the USD Index: http://charts-d.quote.com:443/100298043283...m3=&FontSize=10 Link to comment Share on other sites More sharing options...
Slothrop Posted January 8, 2004 Report Share Posted January 8, 2004 SPX looks at red after touching 200-week ma. Link to comment Share on other sites More sharing options...
DrStool Posted January 8, 2004 Report Share Posted January 8, 2004 I want to correct something Mark said. By some measuring techniques there's a target of 1160. However, the highest current cmap for any cycle I track is 1137. That does not mean they can't go higher. But that's the current cmap target for all cycles up to 13 weeks, the high of which is due today, by the way. So we'll see. 15 Day Intro Subscribatory. Just $2.99! Get In RIGHT NOW! Link to comment Share on other sites More sharing options...
Hiding Bear Posted January 8, 2004 Report Share Posted January 8, 2004 So CB money is savings? No, but their actions effectively re-allocate money from savers to the uses they want - which is mostly buying US $s. The dollars are bought under the theory they would prevent a further drop in the value of the $. To balance the current account, there has to be an equal amount of US$s bought. Otherwise market forces would raise import prices high enough where US consumers would no longer buy goods. Again this is an oversimplification. Link to comment Share on other sites More sharing options...
Calculus Posted January 8, 2004 Report Share Posted January 8, 2004 I'm with you on the gold talk jrm Maybe gold goes down in the short term, who knows? But I've said it before, as long as people keep posting charts and news about screamer bullshit stocks going from a few dollars to $10, $20, $30 and more, then why not gold stocks making some of these moves one day? Remember mining shares are now starting to deal in the HARD FACT that cash gold/silver is very strong AND also backed up by some FIRM economic fundamentals (for metals). Now contrast those facts against say the Nasdaq 100 stocks. Link to comment Share on other sites More sharing options...
wndysrf Posted January 8, 2004 Report Share Posted January 8, 2004 LEN getting croaked...... Link to comment Share on other sites More sharing options...
Guest jrmfl Posted January 8, 2004 Report Share Posted January 8, 2004 LEN getting croaked...... look at my BZH short... off 5.03 ave is 102.44 been a long time a comin. Link to comment Share on other sites More sharing options...
Guest Posted January 8, 2004 Report Share Posted January 8, 2004 BOJ spends $28 to prop the dollar and they get a two day rally. Sweet. Nice use of resources guys. Link to comment Share on other sites More sharing options...
Guest jrmfl Posted January 8, 2004 Report Share Posted January 8, 2004 I'm with you on the gold talk jrm Maybe gold goes down in the short term, who knows? But I've said it before, as long as people keep posting charts and news about screamer bullshit stocks going from a few dollars to $10, $20, $30 and more, then why not gold stocks making some of these moves one day? Remember mining shares are now starting to deal in the HARD FACT that cash gold/silver is very strong AND also backed up by some FIRM economic fundamentals (for metals). Now contrast those facts against say the Nasdaq 100 stocks. i'm in good company here. Link to comment Share on other sites More sharing options...
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