DrStool Posted November 8, 2007 Report Share Posted November 8, 2007 Net drain $7.25 billion. Batten down the hatches! Link to comment Share on other sites More sharing options...
Speakeasy Posted November 8, 2007 Report Share Posted November 8, 2007 *DJ Goldman Sachs Cut To Mkt Perform From Outperform By Wachovia 622053[/snapback] *DJ Goldman Sachs Cuts Wachovia To "Bite My Backside, Suckahs" In TitForTat 622063[/snapback] I love the sound of dueling Pigmen in the morning. Link to comment Share on other sites More sharing options...
K Wave Rider Posted November 8, 2007 Report Share Posted November 8, 2007 GOOG may have some running room to the downside here...think we could see mid 6 handle in a few days.... 2 hour chart just starting to roll, thinkin' somewhere around that 650 gap up is a possibility Link to comment Share on other sites More sharing options...
Benny Hoo Hoo Posted November 8, 2007 Report Share Posted November 8, 2007 Bernanke paints perilous picture on growth & inflation It appears as though the order to dive has been issued. Link to comment Share on other sites More sharing options...
K Wave Rider Posted November 8, 2007 Report Share Posted November 8, 2007 I'm hoping to have nailed somewhere near the final bottom on QID...loaded a bunch in the IRAs just under 35 on the turn yesterday.... Now getting secondary MACD confirmation.....this has the look of something that could possibly get explosive to the upside... Link to comment Share on other sites More sharing options...
cwd Posted November 8, 2007 Report Share Posted November 8, 2007 Further to the link above, turns out this Cuomo guy is working for the Russians! Crapvision's Cramer: New York AG Cuomo a 'Communist' One might suspect that what Cuomo has to say may be bad for Cramer's piggish brethren... 622041[/snapback] Cramer is getting ready for a full court press on Helo Ben for a rate cut. Some shill on CNBS says FED won't cut in Dec. We will see. Link to comment Share on other sites More sharing options...
DrStool Posted November 8, 2007 Report Share Posted November 8, 2007 spx 5 hr cycle projection now 1458. Link to comment Share on other sites More sharing options...
cwd Posted November 8, 2007 Report Share Posted November 8, 2007 Net drain $7.25 billion. Batten down the hatches! 622074[/snapback] Just bought BSC putz Link to comment Share on other sites More sharing options...
Speakeasy Posted November 8, 2007 Report Share Posted November 8, 2007 Big Brain Ben gets a chance today to explain what everyone wants to know; 1) How deep into the eCONomy is the mortgage mess going to eat?, and 2) What is the paper the banks are holding worth? Whaddya say Ben, Huh? Link to comment Share on other sites More sharing options...
DrStool Posted November 8, 2007 Report Share Posted November 8, 2007 Dow 5 hr projection now 13,200 Link to comment Share on other sites More sharing options...
DrStool Posted November 8, 2007 Report Share Posted November 8, 2007 OK, both projections pull back up. Dow to 13,200 and spx to 1368. That should be the end of this washout, but could be more to come this afternoon. Link to comment Share on other sites More sharing options...
Lemur Posted November 8, 2007 Report Share Posted November 8, 2007 Summary of what Trichet said: - Recent data confirm upside price risk in mid-term - They stand ready to counter upside inflation risks - Data supports favorable mid-term growth outlook - Market turmoil means outlook now more uncertain - ECB needs more information before deciding policy - Will monitor all developments very closely - Firm and timely ECB action will prevent price risks - ECB will act to anchor inflation expectations and this is key amid volatility - ECB needs to pay great attention to markets in period ahead - Economic outlook remains solid and sentiment indicators point to sustained growth and they are still above historical average - ECB sees growth around potential next year and consumption growth will add to expansion - Balance risks to growth are on downside - Level of uncertainty around economic outlook high - the risks to growth are from oil and commodities - Sharp inflation increase is a concern and they think that inflation will be significantly above 3% in coming months - Additional information needed to decide on rates and the ECB will ensure that price risks don't materialize. - Disorderly movements of exchange rates are undesirable for movements to economic growth, brutal moves never welcome and recent moves have been abrupt - Strong dollar is in the interest of the US Link to comment Share on other sites More sharing options...
DrStool Posted November 8, 2007 Report Share Posted November 8, 2007 5 hr and 3 day cycle projections have been hit on major indices. Link to comment Share on other sites More sharing options...
K Wave Rider Posted November 8, 2007 Report Share Posted November 8, 2007 RIMM flirting with the breakdown at 130...we need these momo stocks to break hard here..... Link to comment Share on other sites More sharing options...
K Wave Rider Posted November 8, 2007 Report Share Posted November 8, 2007 AAPL one momo that looks broken... Link to comment Share on other sites More sharing options...
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