brian4 Posted June 7, 2004 Report Share Posted June 7, 2004 stopped plus 25 points-greatfully received. Link to comment Share on other sites More sharing options...
Guest libertas Posted June 7, 2004 Report Share Posted June 7, 2004 Paul Kasriel compares today's housing market to stocks in 1999. Some great charts here: http://www.ntrs.com/library/econ_research/...us/pc060404.pdf Thanks for the great link. Kasriel says 60% of the earning assets of US commercial banks are mortgage related. Unbelievable. Link to comment Share on other sites More sharing options...
brian4 Posted June 7, 2004 Report Share Posted June 7, 2004 Bought 10 June 1130 puts stop 1133! Link to comment Share on other sites More sharing options...
Guest Posted June 7, 2004 Report Share Posted June 7, 2004 CFC Link to comment Share on other sites More sharing options...
Bearbones Posted June 7, 2004 Report Share Posted June 7, 2004 CFC CFC was mentioned in Barron's over the weekend as one of Seth Glickenhaus' top picks (along with Enerplus and D.H. Horton). Link to comment Share on other sites More sharing options...
brian4 Posted June 7, 2004 Report Share Posted June 7, 2004 Fridays intra day high in cash spoo's was 1129.17 so far a double top! Link to comment Share on other sites More sharing options...
Guest Posted June 7, 2004 Report Share Posted June 7, 2004 I think today's up move should be stopped by the stiff hourly, weekly, monthly resistance between 1129 and 1135..plus we have the uptrendline from the March 03 low which is not regained till 1150 is surpassed. I am also expecting some kind of low on Tuesday..with a new high by 6/15 {may be 1150ish} then a steep decline into OPEX...after which I am expecting new highs by mid-July. REPOST form last 3 t.days ================= We are in the Zone for the ST Full Moon Top I am expecting, however based on the past year it seems we accelerate into the Full Moon with a marginal peak 1-2 days after... on average. I will probably close my longs if we reach the 1133 region as I am expecting 1-2 day pull back or even mini-plunge into the 11week cycle low which should still be a higher high over 1105. Either way I will start to accumulate Longs[probably leveraged] on or after June 8th when the Venus/Sun disaster thing has peaked and I can be somewhat sure the 55day cycle low has gone too. we'll c how it goes Link to comment Share on other sites More sharing options...
Guest Posted June 7, 2004 Report Share Posted June 7, 2004 "...and thats why I remain a steadfast BULL" - Larry Kudlow's final words on Crapvision Squawk Box 6/7/04. How I listen to this guy only god knows - Link to comment Share on other sites More sharing options...
Guest Posted June 7, 2004 Report Share Posted June 7, 2004 Heavy Resistamce Points ================= DOW 10373 NAZ 2004 SOX 484 Link to comment Share on other sites More sharing options...
Guest Posted June 7, 2004 Report Share Posted June 7, 2004 CFC ya Later! Link to comment Share on other sites More sharing options...
EasyAl Posted June 7, 2004 Report Share Posted June 7, 2004 10-year treasury yield broke 4.8%. Link to comment Share on other sites More sharing options...
Bearbones Posted June 7, 2004 Report Share Posted June 7, 2004 ERF up over 5% today. Link to comment Share on other sites More sharing options...
EasyAl Posted June 7, 2004 Report Share Posted June 7, 2004 U.S. Supply of Foreclosed Properties Reaches Its Highest Level of 2004, Announces Foreclosure.com PR Newswire - June 07, 2004 09:01 New Foreclosure Listings Have Leveled Off Across the Country, Yet Active Foreclosure Inventory Increased 10 Percent in May BOCA RATON, Fla., June 7 /PRNewswire/ -- According to data released today by online foreclosure listing service, Foreclosure.com, there were 29,990 new foreclosed residential properties listed in the U.S. during May 2004. Overall, the total number of foreclosed properties available in the U.S. for the month of May was 82,991. While the number of new foreclosure listings remained relatively even from April to May, there was an increase of 10 percent in the total number of available properties more here Link to comment Share on other sites More sharing options...
rog Posted June 7, 2004 Report Share Posted June 7, 2004 "...and thats why I remain a steadfast BULL" - Larry Kudlow's final words on Crapvision Squawk Box 6/7/04. How I listen to this guy only god knows - Is crack head signing off from Crapvision for good? Please tell me he is going to Fox, or CBS. That would be the cherry on top of the mania. Link to comment Share on other sites More sharing options...
brian4 Posted June 7, 2004 Report Share Posted June 7, 2004 Window now closing-its is encouraging that it fell into the closing of the window. The Pig is on its own for a short bit. Link to comment Share on other sites More sharing options...
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