DrStool Posted April 26, 2007 Report Share Posted April 26, 2007 If the sales tax figures from CA and FL are any guide, the GDP numbers are going to be very weak. The Fed has done a massive, and unprecedented $18 billion 5 day forward 3 day repo for Monday. Are they preparing for the worst? If so, this would be just another case of bad news being bullish because it forces the pumps into operation. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted April 26, 2007 Report Share Posted April 26, 2007 If the sales tax figures from CA and FL are any guide, the GDP numbers are going to be very weak. The Fed has done a massive, and unprecedented $18 billion 5 day forward 3 day repo for Monday. Are they preparing for the worst? If so, this would be just another case of bad news being bullish because it forces the pumps into operation. 578882[/snapback] Does that mean we should buy the drop? Link to comment Share on other sites More sharing options...
I_Am_Madness Posted April 26, 2007 Report Share Posted April 26, 2007 Everyday it's someone crushing earnings and jamming the futures into the moon. Today it's our good friend MSFT. Link to comment Share on other sites More sharing options...
Drano Posted April 26, 2007 Report Share Posted April 26, 2007 did someone say "crushed"? Link to comment Share on other sites More sharing options...
I_Am_Madness Posted April 26, 2007 Report Share Posted April 26, 2007 LOL "Microsoft profit rises on deferred Vista sales" http://biz.yahoo.com/rb/070426/microsoft_results.html?.v=1 So essentially what they are doing is counting sales for "next" quarter's orders. Can they do that? Link to comment Share on other sites More sharing options...
shorty Posted April 26, 2007 Report Share Posted April 26, 2007 breakdown? will the 200 hold? buying opp? Link to comment Share on other sites More sharing options...
shorty Posted April 26, 2007 Report Share Posted April 26, 2007 naked short squeeze? Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted April 26, 2007 Report Share Posted April 26, 2007 mmoy: May I suggest you read the last letter to the editor at this link Subject: AMDDell for your own prospective. Link to comment Share on other sites More sharing options...
LeeWhee Posted April 26, 2007 Report Share Posted April 26, 2007 Everyday it's someone crushing earnings and jamming the futures into the moon. Today it's out good friend MSFT. 578949[/snapback] Have a feeling running up MSFT AH is a s/t Pigmen? headfake. Up to 30 AH. No big whoop. Has "room" to 30-31+ without upsetting the womenfolks and horsies. Crooks are probably hoping folks take the bait. OTOH, note that our semi-friends KLIC-KLAC, BRCM and SNDK all getting pooped on. All of 'em down 4-5%. Perhaps that has something to do with the fact the sexy SOX is only 2-3% from what I would consider a potential inflection zone (518-520ish). Here's a sexy SOX chart that lays it out. Link to comment Share on other sites More sharing options...
bigsky Posted April 26, 2007 Report Share Posted April 26, 2007 BIDU knocks one out of the park , up $20 AH Link to comment Share on other sites More sharing options...
I_Am_Madness Posted April 26, 2007 Report Share Posted April 26, 2007 S&P futures gave back the entire 2 point pop. Link to comment Share on other sites More sharing options...
Drano Posted April 26, 2007 Report Share Posted April 26, 2007 S&P futures gave back the entire 2 point pop. 578957[/snapback] I can dream, can't I? Link to comment Share on other sites More sharing options...
I_Am_Madness Posted April 26, 2007 Report Share Posted April 26, 2007 If i were these call buyers, i would take profits and short anything over 130. Link to comment Share on other sites More sharing options...
Drano Posted April 26, 2007 Report Share Posted April 26, 2007 I wonder how many the Fed owns? Link to comment Share on other sites More sharing options...
LeeWhee Posted April 26, 2007 Report Share Posted April 26, 2007 BIDU knocks one out of the park , up $20 AH 578956[/snapback] BIDU made $11M on $35M in revs in 1Q. Annualized $44M on $140M revs. Market crap: $4.3 billion. 41x sales, 115x yearnings. Sweet. I'll short it for a trade when it gets to 500 P/E. Apparently the big "funnymental" driver of these valuations is the theory that a billion Chinese are going to spend 24 hours a day on the Internets during the 2008 Olympics since the Chinese are going to field a very strong team and most Chinese won't be able to attend. Of course, that's 15 months away and it only lasts two weeks. Have a sneaking suspicion that the stocks running on the "Chinese Olympics Boom" theory won't be holding up until the games begin at 8:08 pm on 8/8/08. Link to comment Share on other sites More sharing options...
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