brian4 Posted August 30, 2004 Report Share Posted August 30, 2004 We are in the meat of the window now-note the TRIN- their Balls are being squeezed hard at the moment-any time now-the Anvil lands! Link to comment Share on other sites More sharing options...
Lock Limit Down Posted August 30, 2004 Report Share Posted August 30, 2004 Now they atttack the miners with XAU going negative and HUI selling off. What are they buying? Leveraged paper Look at FNM and FRE Link to comment Share on other sites More sharing options...
Guest Posted August 30, 2004 Report Share Posted August 30, 2004 Now they atttack the miners with XAU going negative and HUI selling off.What are they buying? Leveraged paper Look at FNM and FRE Ah, a new strategy for the boys...who'd have suspected that? Link to comment Share on other sites More sharing options...
Lock Limit Down Posted August 30, 2004 Report Share Posted August 30, 2004 Look at the jam on the tick again. UB Interesting fear is NOT selling off. Even those "in the know" must be realizing what a dangerous game is being played. Many hedge funds must be getting destroyed playing the crude market. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted August 30, 2004 Report Share Posted August 30, 2004 up/down volume 1/3 adv/dec close to 1/2 BUY Market...Right Link to comment Share on other sites More sharing options...
orvack Posted August 30, 2004 Report Share Posted August 30, 2004 Sep.'04 SILVER, COMEX 6.765 +0.177 Â AND Â HUI down... Â I guess it's not good to have your inventories at their lowest levels in a year and a half.. Link to comment Share on other sites More sharing options...
Hiding Bear Posted August 30, 2004 Author Report Share Posted August 30, 2004 The Fed entered the repo market not once but twice today, adding $2.25B more to the repo pool. Â The other day I mentioned that the Fed - for almost two months now - is subtly accelerating the growth of the monetary base (repos plus Treasury buys). More recently foreign central banks are buying dollars faster and faster, which does the same thing for their respective home country. Â No doubt that they either recognize a downturn ahead in the economy and/or they just want things to be better going into the Repub convention through the election. Weak personal income for two months plus three weeks of no economic growth per the ECRI confirm things are not going well. The central banks are talking tough about inflation but at the same time trying to encourage spending and purchase of assets by keeping interest rates below the perceived rate of inflation. Â If they fail, the market will fall off a cliff. If they succeed, oil and precious metals should resume their upward course. My guess is before the front month oil contract expires in two weeks or so, we will see a rally in energy. Link to comment Share on other sites More sharing options...
beardrech Posted August 30, 2004 Report Share Posted August 30, 2004 Oil down 1.78. at this pace it should be free by the close. sign on soon to be opened business  Stop right here;Fill up Tank and Tummy at Nick and Joes First Presbytarian Garage and Grill --where your prayer for cheap gas and a free meal are always answered-- beardrech I've always agreed with Madison Avenue: That packaging is more important than product Link to comment Share on other sites More sharing options...
soup Posted August 30, 2004 Report Share Posted August 30, 2004 do not forget end of the month price support activities. Dell is a prime example. Link to comment Share on other sites More sharing options...
No Einstein Posted August 30, 2004 Report Share Posted August 30, 2004 Bldp up 16% plug cont to grind up ener also  oill and the market may be down, but these stocks are up. and nobody is talking about them except me :grin: Link to comment Share on other sites More sharing options...
brian4 Posted August 30, 2004 Report Share Posted August 30, 2004 window now closed it was ok-closed pretty much on the low, the Pig crawls on alone for a bit! Link to comment Share on other sites More sharing options...
Jimi Posted August 30, 2004 Report Share Posted August 30, 2004 Bldp up 16%plug cont to grind up ener also  oill and the market may be down, but these stocks are up. and nobody is talking about them except me :grin: Someone may have seen a preliminary copy of Bush's speech: I expect energy policy to be an important component, and he'll probably propose throwing money at alternatives. Link to comment Share on other sites More sharing options...
mjkst27 Posted August 30, 2004 Report Share Posted August 30, 2004 my expectation was that oil would come down to back-test $40 from above. Happening more quickly than I thought. The test will be to see how it behaves at what should be monumental support at $40. Link to comment Share on other sites More sharing options...
depends Posted August 30, 2004 Report Share Posted August 30, 2004 Someone may have seen a preliminary copy of Bush's speech: He did that 'alternative energy' speach in the state of the union too. Total BS. Link to comment Share on other sites More sharing options...
HiHat Posted August 30, 2004 Report Share Posted August 30, 2004 real discombobulated session.......Trin hanging high in 1.93 ................................................Ticks ...+ 400 - 600 steady Link to comment Share on other sites More sharing options...
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