Jimi Posted September 7, 2007 Report Share Posted September 7, 2007 'Nuther new low at 79.85. 605802[/snapback] Friggin' dollar is sending its own message to Bernanke about the sensibility of a rate cut. It might be a lot quieter than the message sent by Kramer & that horrible unAmerican scumbag, Crudlow, but it's also 10,000,000,000,000,000,000,000,000 times more substantive. Link to comment Share on other sites More sharing options...
Speakeasy Posted September 7, 2007 Report Share Posted September 7, 2007 Bucky last (delayed) 79.90!? Only one lower low from a dozen or so years back at 78.43 if memory serves. 605786[/snapback] I think Jesse indicates 79.70 as the lowest low? June 1992 = 79.70 http://jessel.100megsfree3.com/DXLT.png 605807[/snapback] Here's the old graph. Link to comment Share on other sites More sharing options...
cwd Posted September 7, 2007 Report Share Posted September 7, 2007 CNBS info babe, we need 50 basis points. Link to comment Share on other sites More sharing options...
cwd Posted September 7, 2007 Report Share Posted September 7, 2007 It looks like things are getting worse with the carry traders. JY U07 86740 88060 86540 87830 + 980 TX U07 80400 80520 79820 79915 -535 latest futures quotes. Link to comment Share on other sites More sharing options...
Jimi Posted September 7, 2007 Report Share Posted September 7, 2007 Bucky last (delayed) 79.90! Only one lower low from a dozen or so years back at 78.43 if memory serves. 605786[/snapback] I think Jesse indicates 79.70 as the lowest low? June 1992 = 79.70 http://jessel.100megsfree3.com/DXLT.png 605807[/snapback] Here's the old graph. 605814[/snapback] Beautiful! Thanks! I'm pulling my computer's desktop image of Ana Kournokova down in favor of the dollar long-term chart. Shorty, forgive me! Link to comment Share on other sites More sharing options...
Speakeasy Posted September 7, 2007 Report Share Posted September 7, 2007 Bucky last (delayed) 79.90!? Only one lower low from a dozen or so years back at 78.43 if memory serves. 605786[/snapback] I think Jesse indicates 79.70 as the lowest low? June 1992 = 79.70 http://jessel.100megsfree3.com/DXLT.png 605807[/snapback] Here's the old graph. 605814[/snapback] Beautiful! Thanks! I'm pulling my computer's desktop image of Ana Kournokova down in favor of the dollar long-term chart. Shorty, forgive me! 605817[/snapback] cwd, thanks. It's good to have uptotheminute accurate data. Link to comment Share on other sites More sharing options...
Cassiopeia Posted September 7, 2007 Report Share Posted September 7, 2007 I gots eggsactly 13 minutes before trend starts. Link to comment Share on other sites More sharing options...
LeeWhee Posted September 7, 2007 Report Share Posted September 7, 2007 Whoops. Cult schlock HOG (Harley Davidson) off 8% today and at 52-wk lows, fully erasing the fake rally from last year. Schlocks fluctuate, I guess. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted September 7, 2007 Report Share Posted September 7, 2007 Whoops. Cult schlock HOG (Harley Davidson) off 8% today and at 52-wk lows, fully erasing the fake rally from last year. Schlocks fluctuate, I guess. 605820[/snapback] I like their bikes. I might pick some HOG up below 10. Link to comment Share on other sites More sharing options...
K Wave Rider Posted September 7, 2007 Report Share Posted September 7, 2007 I'd be real careful with the currencies here....HUGE neggie D's on Dollar daily chart on this low....this could be a final spike.... Or it could be the beginning of an all out collapse...next few trading hours could be be more revealing.... Link to comment Share on other sites More sharing options...
Cassiopeia Posted September 7, 2007 Report Share Posted September 7, 2007 SOW down 200, any bets on 600 Link to comment Share on other sites More sharing options...
DrStool Posted September 7, 2007 Report Share Posted September 7, 2007 qqqq 3 day cycle now projects 47.75. Link to comment Share on other sites More sharing options...
DrStool Posted September 7, 2007 Report Share Posted September 7, 2007 The locals will probably go back to 12-13. 605800[/snapback] That ought to take about a third off the IYR. 605805[/snapback] More like 75%. Those cap rates would just be for the properties that are actually leased. My guess is that vacancy on commercial-industrial will go to 25-30% before all is said and done. Most REITs will go bust. ZERO. Just like the homebuilders. The whole real estate industrial complex will have to be recapitalized over the next 5-10 years. There's just no there there. Am I bearish on RE? I couldn't be more bearish on any sector of anything at any time. The whole thing was the product of and end result of the greatest ponzi scheme in history- the Credit Bubble. Link to comment Share on other sites More sharing options...
DrStool Posted September 7, 2007 Report Share Posted September 7, 2007 Spx 3 day cycle projecting 1440. Link to comment Share on other sites More sharing options...
Bungster Posted September 7, 2007 Report Share Posted September 7, 2007 SPX is at the 20 DMA here...either we bounce or we got some carnage... Link to comment Share on other sites More sharing options...
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