longOnUranus Posted January 27, 2003 Report Share Posted January 27, 2003 I like Glad's comments, and there is definitely a fine line between gambling and "investing" via market timing. It's all a matter of risk - in gambling, the risk is known (97% to a T on slots); in "investing", it's not. Based on this definition, would you rather be a gambler or investor? Everyone is looking for a bounce today. This is looking a lot like last summer; like SG said, short into any bounce. I closed 1/2 my shorts reflexively Friday (I do not like the "risk" of weekends when I'm in the money); will hold the other shorts unless we hit and hold 836 early like The End says. Doc, I'm glad your father is feeling better. Parents and grandparents are a precious, but unfortunately dwindling, commodity. Thank God my kids are old enough now to begin understanding this. Link to comment Share on other sites More sharing options...
sweefraapp Posted January 27, 2003 Report Share Posted January 27, 2003 Harmony Dec qtr EPS up, eyes investments Monday January 27, 6:10 am ET JOHANNESBURG, Jan 27 (Reuters) - South Africa's number three bullion producer Harmony Gold (HARJ.J) said on Monday headline earnings rose in the December quarter although the increase was limited by the rand's gains, and added it would keep pursuing strategic investments. Link to comment Share on other sites More sharing options...
Guest Posted January 27, 2003 Report Share Posted January 27, 2003 Doc, regarding Fed's dilemma you mention in the Anals. What will happen if they do something contradictory? Like, cut rates again but start draining more actively? Or rise rates but open the money floodgates? Regards, Vesselin Link to comment Share on other sites More sharing options...
simple guy Posted January 27, 2003 Report Share Posted January 27, 2003 SG chimes in I think any trader should realize today we will get, sell the rumor and buy the news.... I predicted this morning and last night at 24.39 retest on Q's today, and we already had it in pre-market.... My gut says a move towards 24.95 this morning is the likely top, with outside shot at my 25.14 on a relief rally upwards.... I will just sit tight, any bounce will be short and sweet.... There is a huge leg coming to the 23.xx range, unofficially 23.31, but my target keeps lowering.... If you are not short, get short on the bounce today, or add to shorts..... IMO. I could be wrong. Link to comment Share on other sites More sharing options...
ShamPoo Posted January 27, 2003 Report Share Posted January 27, 2003 BB, SG, B-4 and Bontchev all chiming in on AM stool. A momentous occasion. Tanks to you Doc. Link to comment Share on other sites More sharing options...
cyclist Posted January 27, 2003 Report Share Posted January 27, 2003 Rumour going around the fx markets and sp pit saddam to take door number 1. dollar higher, gold lower, and futures (esp dax) trading up f.w.i.w. Link to comment Share on other sites More sharing options...
fxfox Posted January 27, 2003 Report Share Posted January 27, 2003 Guten tag liebe stoolies! Dollar intervention, but maybe only some folks who book their gains and go long euro again later or tomorrow or wednesday. doc, didnt i say last week that your dad will walk again with his naked feet across the sea like jesus? Remember last time doc, when he recovered so well that he even was able to dance with his beautifull wife Link to comment Share on other sites More sharing options...
sweefraapp Posted January 27, 2003 Report Share Posted January 27, 2003 click on fast forward to increase speed Link to comment Share on other sites More sharing options...
MrHanky Posted January 27, 2003 Report Share Posted January 27, 2003 I noticed everything moving up in premarket in the last 15 minutes,gonna be a volitile open Link to comment Share on other sites More sharing options...
Guest Posted January 27, 2003 Report Share Posted January 27, 2003 I noticed everything moving up in premarket in the last 15 minutes,gonna be a volitile open They are going to attempt to save it. Link to comment Share on other sites More sharing options...
MrHanky Posted January 27, 2003 Report Share Posted January 27, 2003 msft jumped 50 cents in 1 minute before Link to comment Share on other sites More sharing options...
MrHanky Posted January 27, 2003 Report Share Posted January 27, 2003 everything rocketing up...for now Link to comment Share on other sites More sharing options...
GregFokker Posted January 27, 2003 Report Share Posted January 27, 2003 FVX +4.8 bps. Selling bonds. Link to comment Share on other sites More sharing options...
MrHanky Posted January 27, 2003 Report Share Posted January 27, 2003 msft now up... Link to comment Share on other sites More sharing options...
MrHanky Posted January 27, 2003 Report Share Posted January 27, 2003 shorts covering like mad Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.