byhiselo Posted August 10, 2009 Report Share Posted August 10, 2009 yes, its summer and the market is about as friendly dear leader of north korea Link to comment Share on other sites More sharing options...
byhiselo Posted August 10, 2009 Author Report Share Posted August 10, 2009 $BPSPX:$CPC chart: http://stockcharts.com/h-sc/ui?s=$BPS...id=p13765260594 sure it could higher, but its higher than it was in oct-dec 2007 on the weekly: http://stockcharts.com/h-sc/ui?s=$BPS...id=p47143774370 Link to comment Share on other sites More sharing options...
PyurAureo Posted August 10, 2009 Report Share Posted August 10, 2009 delete my M2M topic please, i'll get you next time... I wanted to make sure that you got me the Next Time Link to comment Share on other sites More sharing options...
byhiselo Posted August 10, 2009 Author Report Share Posted August 10, 2009 I wanted to make sure that you got me the Next Time right on, now lets conjure up some decent downside please... Link to comment Share on other sites More sharing options...
byhiselo Posted August 10, 2009 Author Report Share Posted August 10, 2009 lots of folks missed the march bottom and now sellers remorse aplenty: http://www.youtube.com/watch?v=yqkn1tviGMM Link to comment Share on other sites More sharing options...
Jetlag Posted August 11, 2009 Report Share Posted August 11, 2009 lots of folks missed the march bottom and now sellers remorse aplenty: http://www.youtube.com/watch?v=yqkn1tviGMM I've seen so many spins on the hitler's bunker rant that I thought I couldn't laugh at yet another one! How wrong I was! Link to comment Share on other sites More sharing options...
phatbubble Posted August 11, 2009 Report Share Posted August 11, 2009 OK. So, I haven't really grapsed how the ongoing care & feeding of the burgeoning RE/CRE disaster is compatible with the rising yields associated with 1. a continued stock rally; AND 2. the end of the Fed's $300B bongwater purchase program next month. Russ is suggesting a new crisis needs to be manufactured to drive yields down. IMHO it's too early for the next installment of Swine Flu Paranoia - that one's prolly on tap for the late fall or winter. So what could it be? Anyone? Bueller? Link to comment Share on other sites More sharing options...
Jetlag Posted August 11, 2009 Report Share Posted August 11, 2009 OK. So, I haven't really grapsed how the ongoing care & feeding of the burgeoning RE/CRE disaster is compatible with the rising yields associated with 1. a continued stock rally; AND 2. the end of the Fed's $300B bongwater purchase program next month. Russ is suggesting a new crisis needs to be manufactured to drive yields down. IMHO it's too early for the next installment of Swine Flu Paranoia - that one's prolly on tap for the late fall or winter. So what could it be? Anyone? Bueller? A new crisis? Just let one of the old themes catch a breather and everyone will be running for the exists again. Let another big bank "fail" to scare the markets and reduce competition for surviving banks. Not saying it will happen. Link to comment Share on other sites More sharing options...
phatbubble Posted August 11, 2009 Report Share Posted August 11, 2009 A new crisis? Just let one of the old themes catch a breather and everyone will be running for the exists again. Let another big bank "fail" to scare the markets and reduce competition for surviving banks. Not saying it will happen. Yeah fair enough. Plenty of good tread left on a bunch of the old ones. I sorta think this the part where the EM/commod reflationista longs get The Fear put into them. If so, a gold/miner retrace to IT/LT support may be AGAIG for a buy opp. Link to comment Share on other sites More sharing options...
Charmin Posted August 11, 2009 Report Share Posted August 11, 2009 Let's throw a buy signal at the market: "Dow Sending Buy Signals, According to Theory" http://finance.yahoo.com/news/Dow-sending-...set=&ccode= and then exit. Link to comment Share on other sites More sharing options...
Rationalize Posted August 11, 2009 Report Share Posted August 11, 2009 yes, its summer and the market is about as friendly dear leader of north korea Charts still look the same to me. Still the potential to lose just as much as at any time in the past. aSSignment on chort options... BigaSS levered futures getting to margin call thresholds... Double triple levered ETFs going to zero... Metals with intrinsic value flopping around without direction. Good times for all. Link to comment Share on other sites More sharing options...
GregFokker Posted August 11, 2009 Report Share Posted August 11, 2009 lots of folks missed the march bottom and now sellers remorse aplenty: http://www.youtube.com/watch?v=yqkn1tviGMM Funniest shit I've ever seen. Link to comment Share on other sites More sharing options...
phatbubble Posted August 11, 2009 Report Share Posted August 11, 2009 Funniest shit I've ever seen. It's alright, Natural Gas is in a bottoming phase.... Link to comment Share on other sites More sharing options...
jickiss Posted August 11, 2009 Report Share Posted August 11, 2009 jickiss is back! jickiss is back! and, keeping low profile with Doc away in a _____, nevertheless, it can be Safely Observed that the AUY Yamana Item looks to be approaching its Final Low Point in your Lifetimes. so, your jickiss now says: AUY, why don't you Buy? Eight Fifty, then Fiftay, Why won't you try? Dig in Now, so you won't sigh, "Missed a 4 Bagger, 'cause I was thrifty!" Get on Board, and you won't cry This is the Last Stop before Acres of Diamonds....... jickiss!!!!!!! Link to comment Share on other sites More sharing options...
byhiselo Posted August 11, 2009 Author Report Share Posted August 11, 2009 i've posted a similar chart before and its one of the things that helped me anticipate the march bottom, its possible we follow the 70's scenario and have a range of 7K-12K in the dow for the next 5-6 years (chart below does not accurately reflect the rally off march lows) but with computer modelling and pattern recognition and everyone looking at the T/A and who knows what else today, 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.