DrStool Posted December 16, 2004 Report Share Posted December 16, 2004 Good Morning Again! Turns out yesterday was the "as good as it gets" day, not today. Thanks to one of those quirky things that Excel does, adding one to a number when you copy it to the next row, I had the expiration date of the Trashury's $24 billion 12 day CMB off by one day. It expired yesterday, not today. Tanks to the ever vigilant Keyboard Prospector for noticing that. It means that the bulk of the one time temporary cash tsumani has already hit the market. Today the 4 week bills are issued, paying down $10 billion, but chances are the bulk of the $10 billion, if not all of it, was committed back to the money market yesterday, with some to the bond market. The big cash payment also helped prop the stock market. The benefit ends, as of today. Yields and short term rates should end their decline, if not begin rising again. No more extra jam for stocks either. We are already seeing some evidence that this is the case here in the early going. T bill rates, and bond yields appear to have turned a corner. Bond yields came within a hair of yesterday's target of 4.065. 5 hr cycle indicators are heading up. 2 day cycle indicators formed a positive divergence as yeilds tested the low in the afternoon. The indicators have now turned up decisively as bond yields head for a fill of yesterday's gap down, now in the gap at 4.109. The 5 hr cycle cmap looks like 4.125. Buck formed a double bottom in the 81.40-81.45 area, with indicators in a strong positive divergence, and it has bounced. 24 hr cycle indicators are 3/3 on buy signals. 5 hr cycle indicators are all on the buy side. The 5 hr cmap looks like 81.80 or so. 3 day cycle indicators are also all on the buy side. Looks like an up day for buck. Stay up to date on the weekly and monthly cycle signals and targets for the dollar, and bond yields, along with your daily update on the major stock averages, gold and the Gold Bugs Index. Get a subscription to the Anals of Stock Proctology. Click the link at the bottom of this post to get in now! For the intraday signals and targets on SPX, SPY, QQQQ, and HUI, join me and your fellow stoolies in Stooltrading! I'll see you there! Link to comment Share on other sites More sharing options...
capitall Posted December 16, 2004 Report Share Posted December 16, 2004 no this is some serious scary shit.? this guy wants to haunt bears forever 59AM? Greenspan was approached for Treasury Sec job: report by Steve Goldstein ? LONDON (CBS.MW) -- Senior Republicans sounded out Federal Reserve Chairman Alan Greenspan about becoming U.S. Treasury Secretary, the Financial Times said Thursday. The White House refused to comment on what it called "speculation" regarding Greenspan, while a Federal Reserve spokeswoman declined to comment, the report said. <{POST_SNAPBACK}> Are there so few qualified people that the same 50 names have to get shuffled around like musical chairs? Talk about nepotism- it's more like inbred nepotism... <{POST_SNAPBACK}> There is a shortage of Yes men and women for the Neocon administration-- especially ones that would seem qualified enough for these positions. If they actually have training and experience in their area, the word "yes" does not slip off of their tongue so easily with regard to the Con, I mean Neocon of course, program. Link to comment Share on other sites More sharing options...
DrStool Posted December 16, 2004 Report Share Posted December 16, 2004 $DXC 24 hr cmap goes to 82.20. Link to comment Share on other sites More sharing options...
capitall Posted December 16, 2004 Report Share Posted December 16, 2004 I can no longer click on the Sell Short button, because my trigger finger has been electroshocked so often. Link to comment Share on other sites More sharing options...
Guest Posted December 16, 2004 Report Share Posted December 16, 2004 GLG bids for GG... on Stools Gold http://biz.yahoo.com/bw/041216/165252_1.html Link to comment Share on other sites More sharing options...
Guest Posted December 16, 2004 Report Share Posted December 16, 2004 GLG anyone ?? Jickless is gonna be shocked ...shocked I tell ya... Link to comment Share on other sites More sharing options...
Bearman Posted December 16, 2004 Report Share Posted December 16, 2004 its a new day for the HGX 458.70 last Link to comment Share on other sites More sharing options...
DrStool Posted December 16, 2004 Report Share Posted December 16, 2004 TNX 5 hr cmap rose to 4.14. high so far 4.139. Should be able to take a stab at 3 day cycle cmap in about an hour. 2 day cycle indicators up sharply. 3-5 day inds still basing. Link to comment Share on other sites More sharing options...
DrStool Posted December 16, 2004 Report Share Posted December 16, 2004 DXC hit 24 hr cmap. 8 hr cmap maybe 82.25. within margin of error. Link to comment Share on other sites More sharing options...
K Wave Rider Posted December 16, 2004 Report Share Posted December 16, 2004 EBAY.....takes out yesterday's low.. Link to comment Share on other sites More sharing options...
soup Posted December 16, 2004 Report Share Posted December 16, 2004 kwave: Still thinking 450 is the number to break on the hgx? Thanks Link to comment Share on other sites More sharing options...
dozer Posted December 16, 2004 Report Share Posted December 16, 2004 I can no longer click on the Sell Short button, because my trigger finger has been electroshocked so often. <{POST_SNAPBACK}> Link to comment Share on other sites More sharing options...
K Wave Rider Posted December 16, 2004 Report Share Posted December 16, 2004 CTX, which also happens to have a good sized mortgage biz..opens below the low of yesterday long green candle..... Link to comment Share on other sites More sharing options...
Drano Posted December 16, 2004 Report Share Posted December 16, 2004 GLG anyone ?? Jickless is gonna be shocked ...shocked I tell ya... <{POST_SNAPBACK}> I don't see how that takeover can happen. They say that GG has to cancel its takeover of WHT, without having to pay WHT a penalty. But GG's bid for WHT specifically included a large cash payment for failure to complete the deal. So, how can this go through? Link to comment Share on other sites More sharing options...
I_Am_Madness Posted December 16, 2004 Report Share Posted December 16, 2004 GLG anyone ?? Jickless is gonna be shocked ...shocked I tell ya... <{POST_SNAPBACK}> Wow! The little guys are going to eat the big lunch(GG)... Link to comment Share on other sites More sharing options...
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