scottcardiff Posted April 23, 2003 Report Share Posted April 23, 2003 Still, it's not as bad as some people think, Terry said. "It's not great, but there are jobs," she said. Among the "hot" industries for graduates, according to a recent survey by international consulting firm Challenger, Gray & Christmas, are health care, security, insurance and consumer financial services. http://seattletimes.nwsource.com/html/busi..._jobless23.html So let me get this straight. Economic growth is going to come from: Keeping people alive an additional 2 weeks (no offense to the infirm). Protecting assets from hooligans (no offense to the miscreants). Bleeding a few percentage points off of asset values. Moving money from one account to another. And of course, selling things on EBAY. You know what? Hypertiger is dead on correct. When this does end, it will be quite the shitstorm. The problem for us bears is that it may not end until we have monetized the entire globe and Iraqis (and others) are spending their days looking at stock quotes, refinancing their mortgages and swapping stuff on E-flea market Link to comment Share on other sites More sharing options...
DrStool Posted April 23, 2003 Report Share Posted April 23, 2003 This equates with a high of about 917. 92.50 is an outlier. We'll see how they hold up this morning. Link to comment Share on other sites More sharing options...
Idumpdaily Posted April 23, 2003 Report Share Posted April 23, 2003 EBAY, IMO is a sign that the econ is faltering, In a great err even a good economy people wouldnt be buying used items or selling their used items. I think we all know this and their number confirm it although it looks weaker than I thought when you take out the paypal numbers. Link to comment Share on other sites More sharing options...
scottcardiff Posted April 23, 2003 Report Share Posted April 23, 2003 Indicator Oscillator is at 2.72 this morning, down from yesterday's 2.89. The Daily P/C ratio, 21 Day P/C ratio and Bullish Percent levels still aren't at levels which would indicate a top. However, the VIX and 60 Min TICK 20MA are at historically extreme levels. As today will be day 8 of the current up move, I will be looking to short this AM, hopefully coinciding with a low P/C reading, a lowTRIN reading and a spike to the 1470 level on Nasdaq. Link to comment Share on other sites More sharing options...
Guest Posted April 23, 2003 Report Share Posted April 23, 2003 POG has been holding up the last two days. Indians still buying or is it the dollar? Link to comment Share on other sites More sharing options...
Oyster Posted April 23, 2003 Report Share Posted April 23, 2003 Oy- Can you tile the charts vertically instead of horizontally? I gotta cross the street to see the whole window. Yeah...sorry doc.....I already noticed and edited. Hope you have returned fresh to lead us out of this one LOL Link to comment Share on other sites More sharing options...
Oyster Posted April 23, 2003 Report Share Posted April 23, 2003 Oyster: Are we gapping over the boundary of your triangle this morning? Would that invalidate your August 2002 scenario? no...throwovers have been quite common upside and downside Link to comment Share on other sites More sharing options...
Guest bullseatshitndie Posted April 23, 2003 Report Share Posted April 23, 2003 Investors Intelligence # for the week: Bulls 42.7 Bears 34.8 I am somewhat discouraged that the bull # dropped that much (7.9) in a rising market enviroment. Link to comment Share on other sites More sharing options...
wndysrf Posted April 23, 2003 Report Share Posted April 23, 2003 Stocks "jumping the creek" to the upside this morning: SLAB and VRTS Possible rally continuations: CECO, EBAY Lots of individual stocks don't seem to be set up for a reversal of any kind. Link to comment Share on other sites More sharing options...
lb Posted April 23, 2003 Report Share Posted April 23, 2003 Welcome back Doc. Didn?t hear much from you last week but you sure beat expectations. Link to comment Share on other sites More sharing options...
anjing bau Posted April 23, 2003 Report Share Posted April 23, 2003 AMGN looks ready to pull the biotechs higher here Link to comment Share on other sites More sharing options...
lb Posted April 23, 2003 Report Share Posted April 23, 2003 Stocks "jumping the creek" to the upside this morning: SLAB and VRTS Possible rally continuations: CECO, EBAY Lots of individual stocks don't seem to be set up for a reversal of any kind. Add NXTL Link to comment Share on other sites More sharing options...
Guest Posted April 23, 2003 Report Share Posted April 23, 2003 Oh crap -- the buck is standing on its head again. Link to comment Share on other sites More sharing options...
blackbelt Posted April 23, 2003 Report Share Posted April 23, 2003 Market Internals - A Link to comment Share on other sites More sharing options...
rog Posted April 23, 2003 Report Share Posted April 23, 2003 AMD slashes processor prices on a scale. 44% for high end processors to 20% for the low end. INTC to respond in the next few days. Not very bullish for semis or semi equips. Link to comment Share on other sites More sharing options...
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