machinehead Posted October 22, 2003 Report Share Posted October 22, 2003 Seatbelts on stoolies, this is looking good! Footsie in a death dive.... With reason, aussiebear. Bloomberg reports that four of nine Bank of England board members voted to [X-rated words follow] RAISE RATES! Apparently only the chairman's vote stopped it happening. BOE mutiny quelled It's a chill, chill wind for the English-speaking economies. It took four rate pops between mid-1999 and mid-2000 to shut down Bubble I. But Bubble II is a far more fragile affair. The 700-story derivative tower is swaying dangerously in the gusty wind. A single rate rise would dynamite one of its corner columns, the carry trade. A rate rise is the spectre that haunts America. Will it be foreshadowed in the impenetrable prose of the next Fed meeting announcement? The leveraged speculating community squirms in gastrically-distressed anticipation. Link to comment Share on other sites More sharing options...
wndysrf Posted October 22, 2003 Report Share Posted October 22, 2003 YESTERDAY alot of vixs talk was posted... someone posted that 10 yrs ago this level was normal well surprize that was a bull mk reading we are in the Kodiak Bear mk stage now and Hope is the word of the day If I hear beat the street one more time 7 Most Popular Hallmark Bullhorn Phrases of the 2003 Bear Market 1. "Beat by a Penny" 2. "Topping Views" 3. "Blew Past Expectations" 4. "Pro-Forma Earnings, Ex-Items, exceeded guestimates polled by Thomson First Call" 5. "Up Sequentially" 6. "Exceeded Guidance" 7. "Consensus Expectations" Link to comment Share on other sites More sharing options...
flockofsheeples Posted October 22, 2003 Report Share Posted October 22, 2003 WOW!! LOOK AT MY SHORTS THS MORNING!! AMZN -2.66 ES -7 NQ-14 KACHINGO BABY!!! NO MONEY FOR THE MOMO MONKEY!!! couldn't resist...a nice change from overnight boner blasts. Link to comment Share on other sites More sharing options...
The brown one Posted October 22, 2003 Report Share Posted October 22, 2003 It will be very interesting to see what the VIX does today! If it hardly moves then we're in biz! Link to comment Share on other sites More sharing options...
rog Posted October 22, 2003 Report Share Posted October 22, 2003 JPM misses revenue numbers by $400m (5%). No rounding error here. We may have found one of the first bagholders in the recent bond market rout. Link to comment Share on other sites More sharing options...
2 floaters and a sinker Posted October 22, 2003 Report Share Posted October 22, 2003 I've looked high, and I've looked low. All over the various bullhorn sites and I can't find a single reference to the fact that the HUI took out a multi-year high yesterday. If the free stockcharts service went back far enough, I could even tell you how many. All time high is 215, just three points away. Wedges don't always play out, but something to keep an eye on. At the least, should come back to retest the upper wedge line at around 200-5 (it's a monthly chart so time slows down). Could even dip back into the wedge. Lower line will be at 175-85 if that were to happen. Right now it's just a wedge throwover. If the upper (or lower) line holds, LOA. If not, could be trouble. Link to comment Share on other sites More sharing options...
machinehead Posted October 22, 2003 Report Share Posted October 22, 2003 YESTERDAY alot of vixs talk was posted... someone posted that 10 yrs ago this level was normal VIX (implied volatility = forward looking) is influenced by investors' perceptions of historical volatility (= backward looking). 1992, 1993 and 1994 were three of the least volatile years in history. By that, I mean they had a narrow annual range. 1994 was considered a tough year in the stock market, but the annual range was only nine (9) percent. Ha ha ha. We've had several months recently with a bigger range than that. Low VIX readings today amount to a prediction that the market is going to level out like the glassy surface of a mountain lake on a windless day. If you believe that, then by all means take the falling VIX readings as a buy signal. Maybe magic beanstalks really do grow to the sky ... Link to comment Share on other sites More sharing options...
Bird D Durr Posted October 22, 2003 Report Share Posted October 22, 2003 JPM & AMZN....................................... Ohhhhhh.............my........... the THREAT MATRIX has mas problemas this manana............................ Link to comment Share on other sites More sharing options...
Auntie Septic Posted October 22, 2003 Report Share Posted October 22, 2003 Well... we're here. Doc, I remember this call. Brought a tear to my eye 'cause it was so beautiful. If it turns out to be true, I'll be sharing my good fortune by squeezing one out for the stool. Thanks Doc. Link to comment Share on other sites More sharing options...
Guest Posted October 22, 2003 Report Share Posted October 22, 2003 Well, someone certainly has problems. Gold up $4.50. Link to comment Share on other sites More sharing options...
DrStool Posted October 22, 2003 Report Share Posted October 22, 2003 Tickling the Highs Get Gas from today's Suctor Watch.. Take a subscribatory to the Anals, for the Gas release you're looking for RIGHT NOW! Along with cycle charts and price targets for 11 other leading market suctors like Oil, Homebuilders, Aerospace, Healthscare, Biodrech, SOX and more!? 15 Day Intro Subscribatory. Just $2.99! Get In RIGHT NOW! Link to comment Share on other sites More sharing options...
wndysrf Posted October 22, 2003 Report Share Posted October 22, 2003 Will start shorting some low beta Screamers. Shorting AMAT on the open to start. 1. Stochastics topped out 2. Money Flow topped out 3. Neggy D on MACD Look for yourself: http://139.142.147.218/StockChart_ImageOnl...NX&ref_rate=180 Link to comment Share on other sites More sharing options...
soup Posted October 22, 2003 Report Share Posted October 22, 2003 nice spin, or why is it so hard to say something NOT bullish? "8:30AM S&P futures vs fair value: -7.6. Nasdaq futures vs fair value: -16.5. Futures indications continue to slip lower, pointing to a lackluster start for the cash market" Link to comment Share on other sites More sharing options...
Bearman Posted October 22, 2003 Report Share Posted October 22, 2003 Another thing is last week Global crapvison dayviewed Listen up on October 14th the 10 day moving average of the closing tick figure on the New York Stock Exchange closed above 800. We believe this is the first time in history there has been a close that high. tanks P. Eliades Link to comment Share on other sites More sharing options...
Guest Posted October 22, 2003 Report Share Posted October 22, 2003 CFC] COUNTRYWIDE FINAN. CUT TO 'MKT PERFORM' AT WACHOVIA Link to comment Share on other sites More sharing options...
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