DrStool Posted July 22, 2004 Report Share Posted July 22, 2004 These spikes have been occuring almost every day at irregular junctures, but frequently around 10:30-11:00 AM. Link to comment Share on other sites More sharing options...
machinehead Posted July 22, 2004 Report Share Posted July 22, 2004 Naztrash reaches an 8-month low. Puking its guts out on the Highway to Hell. Kick it while it's down! Link to comment Share on other sites More sharing options...
machinehead Posted July 22, 2004 Report Share Posted July 22, 2004 SPX is ten points above its 2004 low of 1076. When 1076 breaks, it's gonna look like Pamplona ... "Stampede of the Hedgehogs." Link to comment Share on other sites More sharing options...
Guest Posted July 22, 2004 Report Share Posted July 22, 2004 Drano, If you like CECO your gonna love ESI Link to comment Share on other sites More sharing options...
Guest Posted July 22, 2004 Report Share Posted July 22, 2004 Monkey Apes Humans by Walking on Two Legs http://story.news.yahoo.com/news?tmpl=stor.../upright_monkey The ever-bullish Abby Joseph Cohen makes her way onto the set of Crapvision for her live prognostications... up next! Link to comment Share on other sites More sharing options...
Jimi Posted July 22, 2004 Report Share Posted July 22, 2004 Is it me, or does APOL today really, really, really want to fall out of the rising channel it's been in the past few weeks? Get schooled. Link to comment Share on other sites More sharing options...
Lesser Fool Posted July 22, 2004 Report Share Posted July 22, 2004 SOX up 2 pts -- what's that say when they've chosen it as the flight to safety? Link to comment Share on other sites More sharing options...
mjkst27 Posted July 22, 2004 Report Share Posted July 22, 2004 Latest Nat Gas Storage Numbers we're only about 250 BCF ahead of last year's storage at this time. NOT a very impressive performance given that: 1.) It's been a very cool summer in the northeast so far 2.) This year's winter storage drain bottomed about 400 BCF above last year's (i.e. big head start this year relative to last) 3.) Nat Gas spot prices this year have averaged about $1 more per MCF than the 2003 average (I eyeballed a chart, and the $1 estimate is conservative) I notice nat gas spot is up about $0.30 today, presumably as a response to this bullish report. Maybe a little reality is creeping in. Unless we get some miraculously cooperative weather from now through next March, I'm thinking we'll see $10 spot on a spike sometime this winter. Exactly what Al's drug-addled consumer economy DOESN'T need Link to comment Share on other sites More sharing options...
brian4 Posted July 22, 2004 Report Share Posted July 22, 2004 stop now 1093-next 10 minutes pressure builds to the crash point! Link to comment Share on other sites More sharing options...
An Ant Posted July 22, 2004 Report Share Posted July 22, 2004 Naztrash reaches an 8-month low. Puking its guts out on the Highway to Hell. Kick it while it's down! SOX is yet to take out Tuesday's low. +ve divergence ? But it is developing H+S Link to comment Share on other sites More sharing options...
Space Modulator Posted July 22, 2004 Report Share Posted July 22, 2004 The ever-bullish Abby Joseph Cohen makes her way onto the set of Crapvision for her live prognostications... up next! Let's hope she hasn't turned bearish Link to comment Share on other sites More sharing options...
Hiding Bear Posted July 22, 2004 Author Report Share Posted July 22, 2004 We have 16.75B in repos added today, 8.75B of which on an overnight basis. Expiring are 5.25B in overnight money, 3.25B in 6-day money and 11B in 14-day money, for a net 2.5B drain today from the Fed. Tanks, Greg! Tanks Zen and Greg. The Fed has its finger over the panic buton but still hasn't pushed it. After the market gets a "load spike" of sell orders they may change their mind. Until then the trend is down. Link to comment Share on other sites More sharing options...
Hiding Bear Posted July 22, 2004 Author Report Share Posted July 22, 2004 Latest Nat Gas Storage Numbers we're only about 250 BCF ahead of last year's storage at this time. NOT a very impressive performance given that: 1.) It's been a very cool summer in the northeast so far 2.) This year's winter storage drain bottomed about 400 BCF above last year's (i.e. big head start this year relative to last) 3.) Nat Gas spot prices this year have averaged about $1 more per MCF than the 2003 average (I eyeballed a chart, and the $1 estimate is conservative) I notice nat gas spot is up about $0.30 today, presumably as a response to this bullish report. Maybe a little reality is creeping in. Unless we get some miraculously cooperative weather from now through next March, I'm thinking we'll see $10 spot on a spike sometime this winter. Exactly what Al's drug-addled consumer economy DOESN'T need I agree. We are also coming to a cyclical low in the sun cycle this winter - which has been associated with cold winters. Link to comment Share on other sites More sharing options...
Drano Posted July 22, 2004 Report Share Posted July 22, 2004 Drano, If you like CECO your gonna love ESI Thanks Sledd, I'll look at it. Meanwhile, can't get a fill on my APOL puts even though I went in at the ask. HMMMMM ! ! ! CECO lookin' "good" too Link to comment Share on other sites More sharing options...
The Mad Hungarian Posted July 22, 2004 Report Share Posted July 22, 2004 Mad: Good for you. I have often contemplated being an independent moneymanage ( broker). I think honesty and respect can go a long way. I have tons of well off friends and at times I just shutter at the way they are being treated by their brokers. soup, Tanks! I am so glad I found this board and group of people, it truly is an oasis from the bullshit shoveled by so-called "investment professionals". As I said, the clientele I serve is beginning to realize that Wall Street and the banks are just out to sell the "product du jour" to them, and they (the clients) are recognizing that they are being exploited. Here's another example of the "3 Card Monty" game played by Wall Street, from today's Wall Street Journal. There is a story on page C1 about the implications of the Microsoft dividend/buyback. I almost choked when I read some shill named Steve Henningsen say this: "It's better to give shareholders a choice of how to reinvest their money rather than leaving it up to the CEO's." Wait a minute! I thought one of the mantras during the 1990s, when old "fuddy duddies" worried about low dividend payouts, was that it was better to have Jack Welsh, Dennis Kozlowski, Al Dunlap, Ken Lay and the rest of the "captains of industry" invest the money in the business for me, rather than bother me with a paltry dividend??? Pure Bullshit. Link to comment Share on other sites More sharing options...
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