brian4 Posted October 21, 2004 Report Share Posted October 21, 2004 I was stopped out awhile back for a decent profit, don't plan to re enter until we re break 1105-window opening now till the bottom of the hour. Link to comment Share on other sites More sharing options...
Guest Posted October 21, 2004 Report Share Posted October 21, 2004 Welcome to the "Girls Gone Wild" Market, with wild orgies and intraday mood swings the likes of which we have never seen. Like a Pac-Man game designed to eat all stops in all directions. Link to comment Share on other sites More sharing options...
No Einstein Posted October 21, 2004 Report Share Posted October 21, 2004 the RAND continues its move, we are approaching some key points. if it does not reverse soon the SA miners will get a hair cut. IMHO NE Link to comment Share on other sites More sharing options...
longOnUranus Posted October 21, 2004 Report Share Posted October 21, 2004 Looks to me like this will be National Bagholder Day, memorialized in years to come. GOOG / EBAY seals the deal. Too good not to re-short ? but this girliebear is still sitting this out. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted October 21, 2004 Report Share Posted October 21, 2004 MSFT not paticipating Miss tonight? Naaa couldnt be Link to comment Share on other sites More sharing options...
Guest Posted October 21, 2004 Report Share Posted October 21, 2004 check out the intraday on YHOO Link to comment Share on other sites More sharing options...
PeakOil Posted October 21, 2004 Author Report Share Posted October 21, 2004 You will hear more and more about his. China set to buy up Canada's resources Beijing ? China's Communist rulers have a blunt message for anyone who frets about the planned Chinese takeover of Canada's biggest mining company: Get ready for more to come. In an exclusive interview with The Globe and Mail in Beijing this week, Chinese Foreign Minister Li Zhaoxing made it plain that the controversial $7-billion takeover of Noranda Inc. is just a small element in a much more ambitious strategy of investment in Canada's resources sector to feed China's voracious appetite for raw materials. "Given our rapid economic growth, we're facing an acute shortage of natural resources," the Foreign Minister told The Globe. No matter how plentiful our natural resources, when you divide them by our population of 1.3 billion, the figure will be very small," he said. "The Chinese government is encouraging Chinese enterprises to make investments in Canada, particularly in the field of resources exploitation." http://www.theglobeandmail.com/servlet/sto.../International/ One thing has always bothered me about the whole China commodity grab concept. Is it really believable that a country the size of China, that neighbors the mineral rich former Soviet Union, does not have any raw materials of her own? China does have great mineral wealth which they are developing. They also have tanker loads of US frogskins diminishing in value by the second. Keep in mind that developing natural resources takes LOTS of energy. Aluminum production is a good example. China may be long mineral resources but they are net short energy. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted October 21, 2004 Report Share Posted October 21, 2004 check out the intraday on YHOO Check out the HHH!!! +4.6% Staggering This is a junk rally They are buying the biggest POSs they can get their hands on The high beta movers and shakers If the public only knew... Link to comment Share on other sites More sharing options...
Lock Limit Down Posted October 21, 2004 Report Share Posted October 21, 2004 And then their is all that value in the SOX they are snapping up Attention span of a two year old this market Link to comment Share on other sites More sharing options...
Guest Posted October 21, 2004 Report Share Posted October 21, 2004 here comes oil Link to comment Share on other sites More sharing options...
Hiding Bear Posted October 21, 2004 Report Share Posted October 21, 2004 The Fed added about $6B or so in repos, which includes only a small $0.4B in agency repos. AG is not worried about oil, the economy, or GSEs ? but he should be. My feeling is that the Fed is going back to the higher end of recent range ? from the bottom reached recently - that would target around a 6% growth rate in the monetary base. This will probably continue until the end of the month. Thereafter, in early November, the Fed may tighten things up a little to make way for the expected ? point rate increase that looks very likely now. Note: See Doc?s Feed Report for charts and a comprehensive explanation of where the Fed is now. Generally faster monetary base growth supports a higher stock market with a lag of a few weeks or so ? when the monetary base growth starts to affect money supply growth. Their success in achieving money supply growth is not guaranteed, especially when the credit bubble is sprouting more and more holes. In the current case, I look for money supply measures to start a sustained decline soon, which will catch the Fed off guard. It may take the Fed from 2 to 6 weeks more to realize the extent of the deterioration in liquidity. A weaker dollar, like we have been seeing lately, also acts to depress the money supply. Until the Fed starts takes stronger actions, the steady fall in economic liquidity will greatly restrain the market from advancing. Link to comment Share on other sites More sharing options...
Guest Posted October 21, 2004 Report Share Posted October 21, 2004 check out the intraday on YHOO Check out the HHH!!! +4.6% Staggering This is a junk rally They are buying the biggest POSs they can get their hands on The high beta movers and shakers If the public only knew... This is a gift. Link to comment Share on other sites More sharing options...
purdymouth Posted October 21, 2004 Report Share Posted October 21, 2004 Blair wags poodle tail... troops move towards Baghdad... sorry Brits, no accountability, nothing you can do... just like us... faux "revolts" to placate voters... Dark Age cometh Link to comment Share on other sites More sharing options...
brian4 Posted October 21, 2004 Report Share Posted October 21, 2004 the last turn was up so the next one in awhile should tell the tale. So far we have neither broken down or out-just noise! Link to comment Share on other sites More sharing options...
Guest Posted October 21, 2004 Report Share Posted October 21, 2004 Oilin Greenspan! Link to comment Share on other sites More sharing options...
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