Guest Posted July 17, 2003 Report Share Posted July 17, 2003 90% of Gm profits came from its finance subsidiary. FNM says that new mortgage loans--expected to peak this year at about $3.7 trillion--will fall to $2 trillion in 2004 and $1.5 trillion in 2005 http://www.forbes.com/2003/07/17/cz_jm_071...yahoo&referrer= Link to comment Share on other sites More sharing options...
Guest Posted July 17, 2003 Report Share Posted July 17, 2003 CNNFN says Dow 9000 is a great buying opportunity. The stock market is like a carnival and the market channels are the carnie barkers. Link to comment Share on other sites More sharing options...
DrStool Posted July 17, 2003 Report Share Posted July 17, 2003 Premarket Anals opening comments. Link to comment Share on other sites More sharing options...
longOnUranus Posted July 17, 2003 Report Share Posted July 17, 2003 Every OPEX that I can remember, there was bounce off significant shport/resistance. Will close 1/2 SPX putsthis AM fairly soon after open. Holding IBM puts, both good $, but getting slammed on XAU (took full position at 76). Bonds are the story, but I continue to believe this market has another upleg, which will fall short of recent highs. Next week will tell the true tale (down). Until then, ANYTHING can happen. I expect a MSFT blowout - they've got enough cash to make their earnings look any way they want them to. Link to comment Share on other sites More sharing options...
Fukui-san Posted July 17, 2003 Report Share Posted July 17, 2003 Blame China It's not enough for Greenspan to think that he can command the US economy, he now thinks he know what's best for China. The arrogance is breathtaking. Link to comment Share on other sites More sharing options...
mjkst27 Posted July 17, 2003 Report Share Posted July 17, 2003 for the life of me I can't see how Uncle Buck is gonna fall substantially nor do I see how Treasury prices can fall substantially. If either or both does fall substantially, it would seem to me that every fractionally-reserved Yen, Yuan, Euro, Pound, and Dollar in the world becomes instantly suspect and in jeopardy. Of course, I don't see how "they" can keep Buck and Treasuries levitated either. Seems to me all navigational instruments are failing at these altitudes. No classical economic or financial analysis is relevant. Ad Hoc and away we go. Link to comment Share on other sites More sharing options...
BAREister Posted July 17, 2003 Report Share Posted July 17, 2003 Rich, just cuz yew have a in yurrr name don't mean u can steal HRFF's THUNDER!!! lol who's Mr Marke? lol Link to comment Share on other sites More sharing options...
Short'em High Posted July 17, 2003 Report Share Posted July 17, 2003 Ahhh, as an old Irish bear trader said to me, "Gap of the mornin' to ya" SEH Link to comment Share on other sites More sharing options...
crooked_analyst Posted July 17, 2003 Report Share Posted July 17, 2003 Coming to Crapvision in the Fall of 2004, Kudlow, Cramer & Greenspan....I can just see it now. Link to comment Share on other sites More sharing options...
K Wave Rider Posted July 17, 2003 Report Share Posted July 17, 2003 The 3 Generals of the DOW MMM,PG, IBM all trading below 60 min ribbon now. Link to comment Share on other sites More sharing options...
BAREister Posted July 17, 2003 Report Share Posted July 17, 2003 for the life of me I can't see how Uncle Buck is gonna fall substantially nor do I see how Treasury prices can fall substantially. If either or both does fall substantially, it would seem to me that every fractionally-reserved Yen, Yuan, Euro, Pound, and Dollar in the world becomes instantly suspect and in jeopardy. Of course, I don't see how "they" can keep Buck and Treasuries levitated either. Seems to me all instruments are failing at these altitudes. No classical economic or financial analysis is relevant. Ad Hoc and away we go. Ad Hoc, indeed. See Roach's latest lament and profession of ASS(_)_)tonishment?. The conventional 'metrics', to invoke a hackneyed ffffffffraze FURom Wall St, have changed. There is a seismic shift apaw. Oh. Richard Russell laid out the basics SNOT 'long' ago of what you are hinting at. The BARE will try to find the URL FURya. Link to comment Share on other sites More sharing options...
OceanBound Posted July 17, 2003 Report Share Posted July 17, 2003 The 3 Generals of the DOW MMM,PG, IBM all trading below 60 min ribbon now. K wave Which way to the ribbon charts? Link to comment Share on other sites More sharing options...
Guest Posted July 17, 2003 Report Share Posted July 17, 2003 wow, a bloodbath... who's shorting SNDK? i decided to hold on to my Asian shares a bit longer... falling knives... Link to comment Share on other sites More sharing options...
marmun Posted July 17, 2003 Report Share Posted July 17, 2003 One of the reasons I like the DAX, is that is not as heavily managed as the US-Indices, and its currency has been stable. Couldn't agree more. It isn't surprising that something with plenty of regular movement should be a Stoolie favorite. Link to comment Share on other sites More sharing options...
soup Posted July 17, 2003 Report Share Posted July 17, 2003 what is holding up the dow? or do I have a bad quote? Link to comment Share on other sites More sharing options...
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