dummy Posted August 16, 2004 Report Share Posted August 16, 2004 It's all about the oil. They're trying to hold the price back, but when it blows up... market down, gold up. I sort of figured the "administration they" would want to keep oil prices high. so as to justify extreme measures like - kicking around the middle east forever - digging up protected habitats - rationing fuel to sheeple - other forms of strategery Also, the oil industry likes expensive oil every so often. It helps to reinforce the myth that oil is a scarce resource that they control. Link to comment Share on other sites More sharing options...
Yaryman Posted August 16, 2004 Report Share Posted August 16, 2004 what formation is this? almost a goal post, but it's missin part of the right one...http://customer1.barchart.com/custom/stocks/1920.gif Looks like the sign of a secret crop report. :grin: Link to comment Share on other sites More sharing options...
brian4 Posted August 16, 2004 Report Share Posted August 16, 2004 the VXO has climbed back over 18 and Miss Piggy doesn't look well! Link to comment Share on other sites More sharing options...
flockofsheeples Posted August 16, 2004 Report Share Posted August 16, 2004 what formation is this? almost a goal post, but it's missin part of the right one...http://customer1.barchart.com/custom/stocks/1920.gif Looks like the sign of a secret crop report. :grin: is that right winthorp? Link to comment Share on other sites More sharing options...
brian4 Posted August 16, 2004 Report Share Posted August 16, 2004 Window now closed and we will take it- if and I say if we break 1075 it is a new ball game! Link to comment Share on other sites More sharing options...
dummy Posted August 16, 2004 Report Share Posted August 16, 2004 if and I say if we break 1075 it is a new ball game! The kind where we're not the ball? Link to comment Share on other sites More sharing options...
wndysrf Posted August 16, 2004 Report Share Posted August 16, 2004 NatGas futures are in a freefall. Won't last long. Look out, winter is coming...... Added some longs on CHK and ECA..... Link to comment Share on other sites More sharing options...
Hiding Bear Posted August 16, 2004 Author Report Share Posted August 16, 2004 NatGas futures are in a freefall. Won't last long. Look out, winter is coming...... Added some longs on CHK and ECA..... Probably the stock market is looking at low NG prices now from a cool August. Dec NG futures are trading at more than $1 over Sep - so the fukutures market is also saying it won't last long. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted August 16, 2004 Report Share Posted August 16, 2004 there is no doubt in my mind that this kind of tick action is not sustainable. Not sure how high they can take this pig on the bounce, but we are ultimately going a lot lower. Patience, and pick ones spots. As always it is very difficult on the short side, but with patience it can be very rewarding. Agreed Soup The market has become way to predictable. From the 3am spoos jam to the 800am gold slam. Looking at the 1 minute chart for today, paints the same picture we have seen multiple times. THE FLAGPOLE RALLY. All the action in the first 57 minutes... then they just hold it there as the gang is likely distributing like no tomorrow. The other possibility is a continued boner blast into the close after the consolidation we've been seeing since 1030 is completed. Nothing I'm seeing indicates we are ready to turn back down...too much at stake in scam week. I reserve the right to be totally wrong about todays finish. Mr Market has a habit of pulling off the unexpected when the fewest expect it. Link to comment Share on other sites More sharing options...
Butterfield 8 Posted August 16, 2004 Report Share Posted August 16, 2004 Debating with a pal on McHugh's call for falling dollar and falling gold price. Neither of us can think of a scenario that would result in both tanking. Anybody have a thought on this ? Link to comment Share on other sites More sharing options...
microdon Posted August 16, 2004 Report Share Posted August 16, 2004 Debating with a pal on McHugh's call for falling dollar and falling gold price. Neither of us can think of a scenario that would result in both tanking. Anybody have a thought on this ? In a word, deflation (at least the initial phases of one). Link to comment Share on other sites More sharing options...
Lock Limit Down Posted August 16, 2004 Report Share Posted August 16, 2004 Debating with a pal on McHugh's call for falling dollar and falling gold price. Neither of us can think of a scenario that would result in both tanking. Anybody have a thought on this ? The Asians who have been accumulating would sure welcome such a scenario. I think the chances of both falling in unison are somewhere between 0 and NONE. BWTFDIK Link to comment Share on other sites More sharing options...
depends Posted August 16, 2004 Report Share Posted August 16, 2004 I think Huffy (HUF) is not breathing. Link to comment Share on other sites More sharing options...
rog Posted August 16, 2004 Report Share Posted August 16, 2004 I think Huffy (HUF) is not breathing. delisted. no longer meets NYSE min capitalization reqs. Link to comment Share on other sites More sharing options...
Guest Posted August 16, 2004 Report Share Posted August 16, 2004 Debating with a pal on McHugh's call for falling dollar and falling gold price. Neither of us can think of a scenario that would result in both tanking. Anybody have a thought on this ? In a word, deflation (at least the initial phases of one). STAGFLATION preceeds DEFLATION Stagflation leads to higher gold...and we're in Stagflation right now. Stay tuned for timing into Deflation and Depression. Got DROOY ? Link to comment Share on other sites More sharing options...
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