wonmug Posted October 29, 2004 Report Share Posted October 29, 2004 How many members of the Bush Administration are needed to replace a light bulb? The Answer is TEN: ... about covers it all.... Link to comment Share on other sites More sharing options...
K Wave Rider Posted October 29, 2004 Report Share Posted October 29, 2004 Trannies might be done with the move to 3498 earlier, or they may give it one last gasp to get over the round number...butt, they look about as tired as any setup I've seen..ready to rollover at any moment.. What vehicle do you use to trade the Trannies, K-wave? There's options on the DTX..But I rarely trade index options..due to spread issues..I'm gonna attack with Dow futures this go round..I think they're all gonna turn here, with the dow being the weakest of the futures.. Link to comment Share on other sites More sharing options...
machinehead Posted October 29, 2004 Report Share Posted October 29, 2004 Dow LOD ... Me so bearish ... Link to comment Share on other sites More sharing options...
brian4 Posted October 29, 2004 Report Share Posted October 29, 2004 Window now closed and we will take it, the pig crawls on alone for awhile! Link to comment Share on other sites More sharing options...
purdymouth Posted October 29, 2004 Report Share Posted October 29, 2004 velly intelesting... Link to comment Share on other sites More sharing options...
soup Posted October 29, 2004 Report Share Posted October 29, 2004 This is the longest that I can recall that the dow has underperformed the spx or vice versa. Usually these relationships revert to the mean. If so I would expect the spx to severly Underperform the dow. In fact we may have seen the low for the year in the dow. Not so sure about the spx. Link to comment Share on other sites More sharing options...
GregFokker Posted October 29, 2004 Report Share Posted October 29, 2004 How many members of the Bush Administration are needed to replace a light bulb? The Answer is TEN: ... about covers it all.... .. Link to comment Share on other sites More sharing options...
soup Posted October 29, 2004 Report Share Posted October 29, 2004 These scumbags have sunk to new lows "0:21AM The 'New' Release of PMI : The attempt at releasing the number to only subscribers with a 3 minute lead time ahead of a general release backfired. There was a rumor of the 68.5 print a good 5 minutes or so before release but was quickly disregarded. In fact it appears that the bobble happened when the PMI sent out a test message with the number by accident earlier today." Link to comment Share on other sites More sharing options...
GregFokker Posted October 29, 2004 Report Share Posted October 29, 2004 Soup, do you stay in touch with any of your colleagues from back in the day? Were there any decent ones among them? Link to comment Share on other sites More sharing options...
Bearbones Posted October 29, 2004 Report Share Posted October 29, 2004 Weekly Leading Index Falls 10/29/2004 NEW YORK, Oct 29 (Reuters) - A leading index of the U.S. economy fell in the latest week, due to lower mortgage applications and a rise in people filing for initial jobless claims, a report showed on Friday. The Economic Cycle Research Institute, an independent forecasting group, said its weekly leading index (WLI) fell to 130.6 in the week ended Oct. 22 compared with 131.6 in the previous week. ECRI noted the fall in the index was offset slightly by lower bond yields, The index's annualized growth rate, which smooths out weekly fluctuations, fell to an 84-week low of -1.4 percent from -1.0 in the prior week. "The WLI is saying 'don't worry, but don't be happy' by showing little risk of growth falling off a cliff, but no sign of a strong reacceleration in growth either." said Lakshman Achuthan, Managing Director of ECRI. "It's notable that today's Gross Domestic Product (GDP) report, where weakness caught the market off-guard, is consistent with earlier declines in the WLI," Achuthan added. http://www.businesscycle.com/showstory.php?storyID=736 This organization's data does not square with the PMI either. Link to comment Share on other sites More sharing options...
soup Posted October 29, 2004 Report Share Posted October 29, 2004 GF: A few. Wall street is slime, and to get ahead one must be a good liar. I don;t know, do you blame folks for trying to get ahead? Lets face it , life would be a lot easier if one was a good liar and one had no morals. No to mention a hell of lot more profitable. Who knows? I surely do not have the answers Link to comment Share on other sites More sharing options...
brian4 Posted October 29, 2004 Report Share Posted October 29, 2004 Drano is that sound I hear-you kicking yourself?? Link to comment Share on other sites More sharing options...
brian4 Posted October 29, 2004 Report Share Posted October 29, 2004 TK- is getting ready to rumble throwing a lot of volume to the upside! Link to comment Share on other sites More sharing options...
GregFokker Posted October 29, 2004 Report Share Posted October 29, 2004 GF: A few. Wall street is slime, and to get ahead one must be a good liar. I don;t know, do you blame folks for trying to get ahead? Lets face it , life would be a lot easier if one was a good liar and one had no morals. No to mention a hell of lot more profitable. Who knows? I surely do not have the answers Sounds like the law biz, Soup. Honesty's a liability right until it saves your nuts- so far, it's been well worth the cost, always assuming there's a choice, which I don't believe there is. Sure would like to see QQQ 36.50 broken... Link to comment Share on other sites More sharing options...
soup Posted October 29, 2004 Report Share Posted October 29, 2004 curious where the mkt will close today? Look at the calander Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.