Bearbones Posted October 13, 2004 Report Share Posted October 13, 2004 ECA hasn't opened. No news that I can see. Is there just something wrong with my quote feed? Or ? It's open now, gap down 1.33 U.S. Canuck friends, anyone there got news? No news here that I can find. Canadian energy stocks are down across the board. Link to comment Share on other sites More sharing options...
pistolpapa Posted October 13, 2004 Report Share Posted October 13, 2004 The above slowdown in new credit, combined with the effects of higher energy prices that will bite into profits like an unrelenting pit bull, will slow down the money supply and economy towards the end of the month. The Daily New High for Diesel Not to worry, Mr. Consumer. UPS, Wal-Mart, Safeway etc. will pick up the tab. Link to comment Share on other sites More sharing options...
Drano Posted October 13, 2004 Report Share Posted October 13, 2004 ECA hasn't opened. No news that I can see. Is there just something wrong with my quote feed? Or? ? It's open now, gap down 1.33 U.S. Canuck friends, anyone there got news? No news here that I can find. Canadian energy stocks are down across the board. Thanks, all. Not just Canadian -- Brian's FDG is down almost 4 bucks. Anyone got ideas where a safe entry would be? Link to comment Share on other sites More sharing options...
Bearbones Posted October 13, 2004 Report Share Posted October 13, 2004 Not just Canadian -- Brian's FDG is down almost 4 bucks. Anyone got ideas where a safe entry would be? Drano, FDG is Canadian coal. I am no technician but the breakout was in the high 40s. I would reassess adding more there. Link to comment Share on other sites More sharing options...
pistolpapa Posted October 13, 2004 Report Share Posted October 13, 2004 "Go f**k yourself." Dick Cheney, 2004 Pity him. He is not free, nor will he ever be free in this life. He is a slave to his own lust for power. We, on the other hand, got some potential!! Link to comment Share on other sites More sharing options...
Drano Posted October 13, 2004 Report Share Posted October 13, 2004 Thanks, BB. Will keep it on the radar. Link to comment Share on other sites More sharing options...
Butterfield 8 Posted October 13, 2004 Report Share Posted October 13, 2004 FDG - three (small ) gaps : 24, 37.80, 39.20. middle one is also bottom of the channel. not saying it will go that low. maybe if the broads crash end of month. Brian? have a thought on this one? Link to comment Share on other sites More sharing options...
brian4 Posted October 13, 2004 Report Share Posted October 13, 2004 Window now closed- as I said today watch for the unexpected, it rocketed higher on real strength that went poof, now they are trying to hold the line. The natural pressure is off for a bit, if they can't move it up here and I doubt they can-they are done! Link to comment Share on other sites More sharing options...
jstrack Posted October 13, 2004 Report Share Posted October 13, 2004 Its always interesting to read economic talk from Europe and Asia as they continue to respect, in most cases, the traditional economic relationships of interest rates, money supply, tax rates, trends and etc. in their view of the future economic and market activity. Which is in contras to the US where we tend to see what we want to see and figure that a good spin in our direction will change reality. This crazyness has gone on a long time in the US and has evolved into a linguistic science. Perhaps with the stimulus from lower taxes and lower fed rates being done and local and state taxes increasing and oil prices increasing the economic realities will begin to bite. Certainly the leading economic indicators are pointing to a decline in growth. Finally, I would like to see if productivity continues to increase at the historically high amounts recorded over the past ten years.....productivity could be the wild-card. Productivity has long been a relatively fickle number but has been relatively consistant in the recent past. But you know what might do it? China might stumble as there is an overcapacity growing in many industries. We shall see..... Link to comment Share on other sites More sharing options...
Bearbones Posted October 13, 2004 Report Share Posted October 13, 2004 FDG - three (small ) gaps : 24, 37.80, 39.20. middle one is also bottom of the channel. not saying it will go that low. maybe if the broads crash end of month. Brian? have a thought on this one? I expect FDG to be supported by its dividend which could easily double in a year. It is a Canadian trust which means it has to distribute much of its cash flow. First, we need to assess the situation in China and Korea where most of the demand comes from. I have seen estimates as high as $90 a ton for the metallurgical, or coking, coal by next year. If the Asians come apart, so will that forecast. Link to comment Share on other sites More sharing options...
brian4 Posted October 13, 2004 Report Share Posted October 13, 2004 Butters- they tried to bust FDG but the dip was immediately bought, I don't see any downside on it. Coal contracts do not have a spot price or a future price they are priced yearly and volumes are set by yearly contracts. Current contracts are not up till April. Link to comment Share on other sites More sharing options...
brian4 Posted October 13, 2004 Report Share Posted October 13, 2004 K-Wave- below 1120.18-the lights go out! Link to comment Share on other sites More sharing options...
DrStool Posted October 13, 2004 Report Share Posted October 13, 2004 Just as Tuesday Morning's big closeout sale was bogus, so too, probably, is tonight's big rally. Dr. Stepan N. Stool, Chief of Stock Proctology, Tuesday Night, 10/12/04, Anals of Stock Proctology Have your downloaded your Anals today? Take a subscribatory. Click the link below to insert. Link to comment Share on other sites More sharing options...
Silky_Xlax Posted October 13, 2004 Report Share Posted October 13, 2004 Haven't decided your vote yet? Take the quiz http://politicalhumor.about.com/library/bl...gewbushquiz.htm (There's one for Kerry too) Link to comment Share on other sites More sharing options...
lucky6 Posted October 13, 2004 Report Share Posted October 13, 2004 B4 When did you get short at 1140??I thought you re-shorted before that?? Link to comment Share on other sites More sharing options...
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