soup Posted August 18, 2003 Report Share Posted August 18, 2003 Lets see going into today the bull/bear ration was on the order of 90/10, looks like that 10 has now gone to single digits. Link to comment Share on other sites More sharing options...
Quicktrade Posted August 18, 2003 Report Share Posted August 18, 2003 <H1>BLACKOUT WARNING NEXT 10 MINS</H1> I put my GTC sell order on that WARNING Link to comment Share on other sites More sharing options...
Guest Posted August 18, 2003 Report Share Posted August 18, 2003 Tanks Richie. :wink2: Link to comment Share on other sites More sharing options...
Goldmember Posted August 18, 2003 Report Share Posted August 18, 2003 I like that "NEVER" part. ....a couple of months since I first saw this pattern....dependable so far. A little steeper on a simple ma would be nicer. Perhaps it fails this time, I don't really know, but I'm quite confident about it. :grin: Link to comment Share on other sites More sharing options...
machinehead Posted August 18, 2003 Report Share Posted August 18, 2003 <H1>BLACKOUT WARNING NEXT 10 MINS</H1> * Bearman shinnies up the utility pole in front of his house with a pair of bolt cutters * Link to comment Share on other sites More sharing options...
Bearman Posted August 18, 2003 Report Share Posted August 18, 2003 DIVERgence between dow & s-p bearish Link to comment Share on other sites More sharing options...
soup Posted August 18, 2003 Report Share Posted August 18, 2003 everyone bullish and fully loaded on the long side, while we witness the biggewst rout in the bond mkt of the last 10 years. No clue what will happen, but man o man if there ever was a time for multiple lock limit down moves, it is now. So many long, so many bullish. For the life of me I never understood why so many become so insanely bullish AFter a big run to the upside. rear view mirror anyone? Link to comment Share on other sites More sharing options...
anotherone Posted August 18, 2003 Report Share Posted August 18, 2003 As we enter the last few minutes, I'm surprised there isn't more short covering going into the close. I think they already covered (except dumbo's like me). Link to comment Share on other sites More sharing options...
mjkst27 Posted August 18, 2003 Report Share Posted August 18, 2003 not that it matters, but this looks to me like pure indiscriminate buying. Rich's gruff-o-meter chart says it all. This is the kind of buying that happens when it doesn't matter what the price paid is. I think there are some blown out hedge funds settling books, and therefore covering shorts. Who knows how long it could go on, maybe weeks, but don't confuse this action with "someone thinks there's value in the market". JMHO. Back to snooze. BTW This friday ends 13 fib calendar months since the July 24th, 2002 lows, to the day. Time for trend change? Link to comment Share on other sites More sharing options...
Goldmember Posted August 18, 2003 Report Share Posted August 18, 2003 If they try a morning boner, I'm holding my putz....must clutch tightly, within reason... Link to comment Share on other sites More sharing options...
anotherone Posted August 18, 2003 Report Share Posted August 18, 2003 Lets see going into today the bull/bear ration was on the order of 90/10, looks like that 10 has now gone to single digits. In markets there are no bears, that's why we stop-run here... Link to comment Share on other sites More sharing options...
soup Posted August 18, 2003 Report Share Posted August 18, 2003 mj: that has been going on for months now. But, yes I agree, who knows when it will end. Maybe it never ends, maybe all the bulls are correct that it is very different this time around? Link to comment Share on other sites More sharing options...
BarBu Posted August 18, 2003 Report Share Posted August 18, 2003 everyone bullish and fully loaded on the long side, while we witness the biggewst rout in the bond mkt of the last 10 years. No clue what will happen, but man o man if there ever was a time for multiple lock limit down moves, it is now. So many long, so many bullish. For the life of me I never understood why so many become so insanely bullish AFter a big run to the upside. rear view mirror anyone? A nice Circuit Breaker will do, DaBoz will press it hard Link to comment Share on other sites More sharing options...
Eifuku-san Posted August 18, 2003 Report Share Posted August 18, 2003 Treasury's Snow to visit Asia next month by Jeffry Bartash at MarketProp WASHINGTON (CBS.MW) -- U.S. Treasury Secretary John Snow will travel to Asia to meet with his counterparts from Japan, China and Thailand on Sept. 1-5. Snow plans to "encourage countries to take strong measures to increase global economic growth," the Treasury Department said Monday. Snow will conclude the trip in Phuket, Thailand, where finance ministers of the Asia Pacific Economic Cooperation Forum will gather. --------------------- Translation: don't even think of cutting back on your purchase of US debt or dropping the USD as the world fiat currency. Link to comment Share on other sites More sharing options...
soup Posted August 18, 2003 Report Share Posted August 18, 2003 I guess all the corporate insiders selling stock are just idiots? Who knows? Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.