machinehead Posted September 27, 2004 Report Share Posted September 27, 2004 The breakfast trade -- orange juice, coffee, sugar, and a silver spoon to stir it -- is leading the CRB index higher today: CRB components (30 min delay) Link to comment Share on other sites More sharing options...
longOnUranus Posted September 27, 2004 Report Share Posted September 27, 2004 Hard to believe the government would have released to totally BS housing related number on the same day Fannie is about to go into full cardiac arrest.... NOT! With exisiting home sales declining, the off the cuff explanation may be that new home builders are undercutting the re-sales (hereinafter referrred to as "bagholders") with special financing or even price discounts. I'm sure there is a more correct, obscure reason. The above is definitely happening in my area, though. Link to comment Share on other sites More sharing options...
soup Posted September 27, 2004 Report Share Posted September 27, 2004 Perhaps I am biased, but it sure *feels* like most think 10,000 wil lhold. Me, I have doubts about 9000. Link to comment Share on other sites More sharing options...
brian4 Posted September 27, 2004 Report Share Posted September 27, 2004 stop 1112. Link to comment Share on other sites More sharing options...
longOnUranus Posted September 27, 2004 Report Share Posted September 27, 2004 Perhaps I am biased, but it sure *feels* like most think 10,000 wil lhold. Me, I have doubts about 9000. soup - I, for one, have never thought you were biased I love the "resistance/shport" at these round number levels...but its like astrology..a lot of it works because other people think it works. Link to comment Share on other sites More sharing options...
lineup32 Posted September 27, 2004 Report Share Posted September 27, 2004 Perhaps I am biased, but it sure *feels* like most think 10,000 wil lhold. Me, I have doubts about 9000. Need a huge dose of FEAR..not enough yet lots of bear traps this AM.. Link to comment Share on other sites More sharing options...
orvack Posted September 27, 2004 Report Share Posted September 27, 2004 My Gold Juniors are breaking out! Best ones: DSM.to (Desert Sun) QRL.to (Queenstake) Link to comment Share on other sites More sharing options...
K Wave Rider Posted September 27, 2004 Report Share Posted September 27, 2004 SPX has 90 and 120 min support around 1100..if/when we break that, things should get interesting from a longer term perspective.. Link to comment Share on other sites More sharing options...
brian4 Posted September 27, 2004 Report Share Posted September 27, 2004 Da Bullz are about to hit the Electric fence! Link to comment Share on other sites More sharing options...
Lock Limit Down Posted September 27, 2004 Report Share Posted September 27, 2004 FNM just went negative Some more bagholders added today HGX amazing Perhaps there is work to be done on the shorts before they pull the plug SOX 2% above the lows Silver and gold have been flat for over one hour Now how could that be????? Matrix has so many fires to put out. Link to comment Share on other sites More sharing options...
orvack Posted September 27, 2004 Report Share Posted September 27, 2004 Gold is being sit on. Makes no effing sense to be flat as sugar, crude, silver, copper are moving up... Link to comment Share on other sites More sharing options...
Hiding Bear Posted September 27, 2004 Author Report Share Posted September 27, 2004 FNM selling 6b in bills 4.5b 3-mo 1.5b 6-mo The Fed added $1.5B to the repo pool today, but more interestingly they increased repos on 'agencies' (think FNM) by $2 billion. Adding that to the existing $0.7b weekly agency repos outstanding (sorry, I neglected to note this last week) there is now a total of $2.7B agency repos outstanding. Well they are half way there in supplying 'capital' to FNM. The Fed's level of concern is growing - but new fiat money always is available to paper over problems - or so they think. BTW I would not consider selling or even reducing siilver/gold positions yet. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted September 27, 2004 Report Share Posted September 27, 2004 Gold is being sit on. Makes no effing sense to be flat as sugar, crude, silver, copper are moving up... Naked calls on silver and gold. Expiration TODAY Patience we are in the 9th inning and at the top of the order TAKE DELIVERY Link to comment Share on other sites More sharing options...
K Wave Rider Posted September 27, 2004 Report Share Posted September 27, 2004 Today's low is da pivot fur da HGX..when it takes that out, it should be game over.. Link to comment Share on other sites More sharing options...
KeyboardProspector Posted September 27, 2004 Report Share Posted September 27, 2004 Don't you just love the headlines: 'House panel to probe Fannie Mae on Oct. 6' Bet Tom Delay is first in line.... Link to comment Share on other sites More sharing options...
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