Jump to content

IDS World Markets Fri 11th July 08


Recommended Posts

I don't know why we shouldn't already be conditioned to expect a panic low and VIX at least up above 30.

 

The pigmen probably already know Dow 10,600 is in the cards.  My two special babes - The Aden Sisters - "project Dow declining to 10,000 level or lower."  http://www.marketwatch.com/news/story/aden...E-A42C41661F20}

672559[/snapback]

 

"The Adens point to a semi-log chart of the Dow since 1982. They write: "Note that it's been in a solid uptrend since then, but now the Dow is breaking below this 26-year uptrend ... the Dow's percentage growth is changing. That is, the booming stock market days since 1982 are over and if the Dow were to eventually retrace 50% of its huge bull market rise from 1982 to 2007, then it could theoretically drop to near the 7,500 level, which would be similar to the bear market drop in 1974"

 

Yup, sounds about right.

Link to comment
Share on other sites

  • Replies 342
  • Created
  • Last Reply
:lol:? :lol:? :lol:? I've got friends of the same feather.....It seems everyone subscribes to their own delusion....some more delusional than others... :rolleyes:

672573[/snapback]

i'm quite glad to say this doc is no friend of mine. i've got conservative friends, and despite that, they're fine human beings. :D

 

but that particular creep is different--full of negative energy and intolerance. makes me wonder why he's in the healing profession.

Link to comment
Share on other sites

CircusOzSinger.jpg

 

Ladies and germs, I'm proud to announce that Oil prices are setting up nicely so far, for a big fall.

 

"Fifteen of 24 anal cysts surveyed by Bloomberg News, or 63 percent, said prices will rise through July 18, the most bullish response since December 2006. Five of the respondents, or 21 percent, said oil will drop and four forecast little change. Last week 54 percent said futures would increase. "

 

RISE NEUTRAL FALL

15 4 5

 

http://www.bloomberg.com/apps/news?pid=new...id=aXZmt3ZhPnp0

 

comeonecomeallred.gif

Link to comment
Share on other sites

once again, i'm looking to the past to try to get a read on the current mockit.

 

since the mockit peaked in may 2008, we've had about eight weeks of choppy declines. which eight-week period in 2000-2001 most resembles the one we just had?

 

the best candidate, to my eyes, seems to be the decline starting in may 2001. that lasted about sixteen whipsaw-laden weeks, though from a bird's eye perspective it looks mostly orderly--until it tumbled over a cataract after the 9/11 tragedy.

 

the pattern of the decline in feb & march 2001 roughly resembles a compressed version of dec 2007 to mar 2008. one could also argue that the feb 2001 slide, despite being only three weeks long, looks a lot like the may-july 2008 slide, especially when considering the morphology of the preludes to both periods.

 

of course patterns might not repeat at all. they might not even rhyme. but ye olden charts can at least offer some ideas about what could happen in the present--especially if you've stared so long at the fartcallness of it all that you begin to see sh!t that's not there. :blink:

post-5990-1215769996_thumb.jpg

Link to comment
Share on other sites

FTSE and DAX are still above their Q1 intraday lows but are closing in fast. to bounce or to puncture?

 

CAC is behaving like the dowager. Q1 lows were broken a couple weeks back. dover sole, or not dover sole enough?

672590[/snapback]

 

Guess we'll have to wait for Gee.

 

Ist dat it?

http://biz.yahoo.com/bw/080711/20080711005200.html?.v=1

 

Gotta love 'flation and a declining currency:

 

"GE announced today second quarter 2008 earnings from continuing operations of $5.4 billion with $.54 per share, which was flat year-over-year from second quarter 2007. Second quarter revenues from continuing operations were $46.9 billion, up 11%. ?Led by double-digit segment profit growth in our industrial businesses and a strong relative performance in our financial services businesses, we delivered a solid quarter in a volatile environment,? GE Chairman and CEO Jeff Immelt said."

 

I'll give that one a golf clap, a bear golf clap nonetheless.

 

HarveyBirdman-BearClap.gif

Link to comment
Share on other sites

Trying to sell the position I bought before yesterday inl my eurostoxx 50 xbear and the Market Maker just left town... hmm

 

Offer/Bids frozen

 

Look at da Crack:

 

w?s=%5EFCHI

 

Sucksecfully canceled order, they're gonna pay me more, fornicateers.

 

My 3200 target getting closa

 

instinformer.php?&inst_id=132787&market_id=15&spid=ws&tr=5d&ct=line&gb=10m&size=tool&till=1215820800&1215767667 (15min delay)

Link to comment
Share on other sites

Wow, someone just bot almost a million euros of that eurostoxx xbear etf.

 

I think professional investors/funds don't use this kind of product, that must be a guy with ballz and a deep pocket.

 

 

update on the curbs: apparently they started trading back plumbing down the indexes further more.

Link to comment
Share on other sites

didja mean this kind o' mischief?

post-5990-1215748101.jpg

post-5990-1215748087.jpg

seriously, thanks for the fed report, doc. you asked a while back for some feedback on the pro services. i, personally and but representing the children of south africa and other such planets and whatnot, subscribe to the stocks and metals bundle; didn't spring for the fed report because i already knew, from what i'd read on the board, that that stuff flies way above my skull, and just absorbing the stocks and metals info is usually enough to keep me outta trouble.

672570[/snapback]

 

I subscribe to the PE Complete, and highly recommend the Fed report. While it was miles over my head also when I first subscribed, I learned it by reading and studying it every day. The value in it (IMO) lies in following the market liquidity. All I care about on a chart is price and volume as I try to follow the money flow into or out of sectors, industries and stocks. The money flow starts and stops with the Fed and FCB's. This information is invaluable for trading.

 

A perfect example of how this report can benefit your trading is highlighted by my bone-headed failure to go long during the last rally attempt. I tried buying stocks when Doc's market liquidity graph was falling off a cliff. Those that were following the market liquidity and were waiting to short stocks made money. My losses serve to validate the reliability of Doc's market liquidity chart. In other words, don't bet against it!

...and whatnot :P

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...