briarberrys Posted August 5, 2009 Report Share Posted August 5, 2009 Damien Rice Stones taught me to fly Love, it taught me to lie Life, it taught me to die Fed taught me to buy So it's not hard to fall When you float like a cannonball Link to comment Share on other sites More sharing options...
phatbubble Posted August 5, 2009 Report Share Posted August 5, 2009 The Gannerator spat out another couple price/time squares today. We've had a few this week. Price/time squares are typically where a trend would reverse (or sometimes accelerate). I need more time with it to understand how rare it is to have this many in a few consecutive trading days. Hopefully it's rare. Heh. Link to comment Share on other sites More sharing options...
briarberrys Posted August 5, 2009 Author Report Share Posted August 5, 2009 Lots of volume on the NYSE http://stockcharts.com/charts/gallery.html?$NYA A few blow offs, eg http://stockcharts.com/charts/gallery.html?DBB (Cu Al Zn) Tech was sold, makes a change I guess oil and the oils could still do well ? (not sure though) funnymentals still poor EuroZones July PMI Services, 45.7 U.S. July ISM services 46.4, employment index, 41.5 SnPee PE ratio over 700 for GAAP Cisco posts 46% drop in quarterly profit lots and lots of calls bought even as the markets fell in the morning ISEE 10-Day Moving Average 125 and I guess I'd be surprised if we didn't see SPX 1014 or 1121 SPX Fib 0.328 = 1014 SPX Fib 0.5 = 1121 Link to comment Share on other sites More sharing options...
Brick Stoolhouse Posted August 5, 2009 Report Share Posted August 5, 2009 The Gannerator spat out another couple price/time squares today. We've had a few this week. I need more time with it to understand how rare it is to have this many in a few consecutive trading days. Hopefully it's rare. Heh. Bob Pissonme said that all of the Gubermint owned (AIG, FRE,FNM) stocks were up big today. He forgot to mention the trading arm of the gubermint GS.The guy on Lost Money said that institutional money was flowing into Goldman big time today. Maybe they are figuring out its good to be in a stock that risk is rewarded every time,and if they are wrong they are first at the taxpayer bailout trough.Its great to be king! Link to comment Share on other sites More sharing options...
phatbubble Posted August 5, 2009 Report Share Posted August 5, 2009 Bob Pissonme said that all of the Gubermint owned(AIG, FRE,FNM) stocks were up big today. He forgot to mention the trading arm of the gubermint GS.The guy on Lost Money said that institutional money was flowing into Goldman big time today. Maybe they are figuring out its good to be in a stock that risk is rewarded every time,and if they are wrong they are first at the taxpayer bailout trough.Its great to be king! Goldie Lookin Sacks reclaims pre-crash levels. Thank God for that. I was beginning to think our tax dollars had been totally wasted. IMHO this vampire squid thing is a microcosm of the entire system. It is going to end extremely badly. Link to comment Share on other sites More sharing options...
phatbubble Posted August 5, 2009 Report Share Posted August 5, 2009 Speaking of ending badly, anyone got a take on the historical accuracy of predictive linguistics outfit Half Past Human? Link to comment Share on other sites More sharing options...
Brick Stoolhouse Posted August 5, 2009 Report Share Posted August 5, 2009 Goldie Lookin Sacks reclaims pre-crash levels. Thank God for that. I was beginning to think our tax dollars had been totally wasted. IMHO this vampire squid thing is a microcosm of the entire system. It is going to end extremely badly. I couldn't agree more about it ending badly. The question is how long can they keep the wheels on and will it end in inflation,deflation or stagflation. Link to comment Share on other sites More sharing options...
Brick Stoolhouse Posted August 5, 2009 Report Share Posted August 5, 2009 Speaking of ending badly, anyone got a take on the historical accuracy of predictive linguistics outfit Half Past Human? Cisco takin the pipe in AH. Link to comment Share on other sites More sharing options...
phatbubble Posted August 5, 2009 Report Share Posted August 5, 2009 I'll skip to the punch line. Out of curiosity I stumped up 10 bucks for the latest report from HPH (they trawl vast amounts of internet linguistic data for predictive purposes). Their take on the next several years is pretty traumatic. It involves a multiplicity of global crises, coming to a theater near you, beginning this fall. I'm not into spreading the fear vibe. In fact, transcending that is really the only way forward. But I was curious about their track record. I'm pretty sure Hulbert doesn't cover them. Link to comment Share on other sites More sharing options...
DrStool Posted August 5, 2009 Report Share Posted August 5, 2009 Let The Good Times Roll- Professional Edition Fed Report by Lee Adler, Wednesday, August 5, 2009, in Money and The Fed, Professional Edition | Permalink |Comments (0) Edit The new TBAC estimates for this quarter and the next are out today. http://wallstreetexaminer.com/2009/08/05/t...-worry-be-happy They boyz are a lot less gloomy this quarter than they have been in the past couple of years as they took note of the fact that they were able to reduce their borrowing estimate for this quarter by $36 billion. Can you feel the excitement? They estimate that the Treasury will need to borrow ONLY $568 billion in the current quarter. Let the good times roll! Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information. Link to comment Share on other sites More sharing options...
shorty Posted August 5, 2009 Report Share Posted August 5, 2009 Cisco takin the pipe in AH. butt ain't she a Dow CONponent now? they gotta prop 'er they just gotta Link to comment Share on other sites More sharing options...
shorty Posted August 5, 2009 Report Share Posted August 5, 2009 Can you feel the excitement? They estimate that the Treasury will need to borrow ONLY $568 billion in the current quarter. Let the good times roll! well that's only another $259 Million per hour of additional indebtedness not a problem Link to comment Share on other sites More sharing options...
byhiselo Posted August 5, 2009 Report Share Posted August 5, 2009 I'll skip to the punch line. Out of curiosity I stumped up 10 bucks for the latest report from HPH (they trawl vast amounts of internet linguistic data for predictive purposes). Their take on the next several years is pretty traumatic. It involves a multiplicity of global crises, coming to a theater near you, beginning this fall. hmmm, SPX 2000+ easy then Link to comment Share on other sites More sharing options...
phatbubble Posted August 5, 2009 Report Share Posted August 5, 2009 hmmm, SPX 2000+ easy then Without sharing too much copyrighted content, the dataset analysis includes massive inflation in food and winter fuel costs, combined with 'crushing deflation' elsewhere, especially housing. A currency/commodity crisis in the earlier fall becomes a full-blown Death Of The Dollar international crisis in Nov. That's just the beginning. Anyway, link is above. It's just 10 bucks, if you need a reason for a stiff drink. /tinfoil Link to comment Share on other sites More sharing options...
shorty Posted August 5, 2009 Report Share Posted August 5, 2009 massive inflation in food and winter fuel costs, combined with 'crushing deflation' elsewhere, especially housing. butt my Reamtor says it's a great time to buy buy buy Link to comment Share on other sites More sharing options...
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