An Ant Posted September 10, 2003 Report Share Posted September 10, 2003 be quick to cover robots will soon be back to buy. Tomorrow might be a flat-to-slightly up day. But I don't sense that the dip is over yet. Another shoe needs to drop. I agree M.H. I see 995-1000. A lot of time frames converge 995-1000 area. I'm glad you agree K wave. ADBE earnings and tomorrow's eco news might provide reason to get there Link to comment Share on other sites More sharing options...
Bearman Posted September 10, 2003 Report Share Posted September 10, 2003 If these numbers hold up (down), won't DJI, IXIC and S&P be down for September? spx closed aug @ 1008.01 Link to comment Share on other sites More sharing options...
Downtick Posted September 10, 2003 Report Share Posted September 10, 2003 Facts about Federal Government spending The Federal Government borrows every cent it spends...then taxes are used to pay off the short term treasuries...Long bonds service long term deficits The FED buys every treasury the Government issues with Federal reserve checks Treasury auctions are used to give the appearance that the public is involved... Do you really think the Government is at the mercy of bond speculators? If an auction is not doing so hot then the major money center banks get loans from the fed to buy bonds so confidence is maintained... The Government has a special relationship with the FED as long a congress keeps spending the fed will keep lending...Has the fed ever said no? since 1913 it has never said no because it can't say no to the government... That reminds me, it is almost time to buy more Krugs. Thanks. Link to comment Share on other sites More sharing options...
Guest Posted September 10, 2003 Report Share Posted September 10, 2003 Well. . . wasn't that special! Link to comment Share on other sites More sharing options...
Goldmember Posted September 10, 2003 Report Share Posted September 10, 2003 Post 9/11 Relief Rally could be the launch of a new 4-7 week cycle, target 1048-1051. Link to comment Share on other sites More sharing options...
BartTheBear Posted September 10, 2003 Report Share Posted September 10, 2003 1 day TRIN 2.20 Closed SPX puts. I'd watch for a rally. Link to comment Share on other sites More sharing options...
Dharmaeye Posted September 10, 2003 Report Share Posted September 10, 2003 Post 9/11 Relief Rally could be the launch of a new 4-7 week cycle, target 1048-1051. Thanks, timely chart Link to comment Share on other sites More sharing options...
Goldmember Posted September 10, 2003 Report Share Posted September 10, 2003 JNJ up again....Big Pharma been moving. Link to comment Share on other sites More sharing options...
BAREister Posted September 10, 2003 Report Share Posted September 10, 2003 Mr. TwoScrews! You DON'T have beady little eyes, AFTER all! RATS!!! Link to comment Share on other sites More sharing options...
PileDriver Posted September 10, 2003 Report Share Posted September 10, 2003 just keep an eye on the 10 and 30 day MAs That's where the mo-mo monkey robots will potentially start buying. Including yours truly if they do Link to comment Share on other sites More sharing options...
phrith Posted September 10, 2003 Report Share Posted September 10, 2003 good interview with Paul Krugman on NPR's Fresh Air Paul Krugman Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.