Guest bullseatshitndie Posted May 29, 2003 Report Share Posted May 29, 2003 Ord on the O'Brien show...sees the SPX holding in this tight range just below the August high (965) w/high volume as a pattern he's seen before...resolved by jumping over the high...he buys SPYs at close today.Tim Woods coming up w/CycleTalk at 17:20 EDT today. any chance this radio is affiliated w/ crapvision??? sucker more folks in. LOL Link to comment Share on other sites More sharing options...
Slothrop Posted May 29, 2003 Report Share Posted May 29, 2003 Ord's an excellent TA guy, but, like the rest of us, he gets it wrong from time to time. Here's what I'm liking today: the way SPX and gold are trading against each other. As soon as SPX went red, gold jumped. If we're in front of an SPX sell-off, it's almost guaranteed that 390 gets taken out. Awesome to contemplate. On the other hand, if Ord's right here, then gold is finished for awhile. Link to comment Share on other sites More sharing options...
Sphinxter Posted May 29, 2003 Report Share Posted May 29, 2003 Sphinxster: would you be able to ask your hedge fund pal if he knows anything about Quadriga Superfund? Sure. What's the question? I'm pretty sure they all accept cash, credit cards and bottle caps at this point. Like most, Quadriga has recently 'consumerized' their offering by lowering the minimum investment size from $2M to $5k. The good news is I think they cap your losses at 100%. All kidding aside, are you looking for a 'rating', an opinion of mgmt quality, or something else? Link to comment Share on other sites More sharing options...
Guest Posted May 29, 2003 Report Share Posted May 29, 2003 Ord on the O'Brien show...sees the SPX holding in this tight range just below the August high (965) w/high volume as a pattern he's seen before...resolved by jumping over the high...he buys SPYs at close today.Tim Woods coming up w/CycleTalk at 17:20 EDT today. any chance this radio is affiliated w/ crapvision??? sucker more folks in. LOL Doubtful. O'Brien and Ord are actually pretty intelligent people. Link to comment Share on other sites More sharing options...
Pee Brain Posted May 29, 2003 Report Share Posted May 29, 2003 some of the miners reflected island tops first 3 days of this week. gold is in an uptrend... the rest is just noise. Link to comment Share on other sites More sharing options...
BusKow Posted May 29, 2003 Report Share Posted May 29, 2003 Ord's an excellent TA guy, but, like the rest of us, he gets it wrong from time to time. Here's what I'm liking today: the way SPX and gold are trading against each other. As soon as SPX went red, gold jumped. If we're in front of an SPX sell-off, it's almost guaranteed that 390 gets taken out. Awesome to contemplate. On the other hand, if Ord's right here, then gold is finished for awhile. Sloth, Ord doesn't see much down for gold...thinks we're in the right shoulder of a H&S bottom and next big battle is around 92 on the XAU. Blast through there and it's MUCH higher... BUTT "...like the rest of us, he gets it wrong from time to time." Link to comment Share on other sites More sharing options...
soup Posted May 29, 2003 Report Share Posted May 29, 2003 key reversal on the spx? Link to comment Share on other sites More sharing options...
Stutz Posted May 29, 2003 Report Share Posted May 29, 2003 Dallas Fed eyes long-term debt in deflation fight Damn, it's forthright! Right out in the open. What am missing? Link to comment Share on other sites More sharing options...
BusKow Posted May 29, 2003 Report Share Posted May 29, 2003 The commodity robots that advertise on O'Brien's show are still long the gold contract. Woods should be next couple minutes... Link to comment Share on other sites More sharing options...
Metamucil Posted May 29, 2003 Report Share Posted May 29, 2003 WHY DID YOU GO TO ALL THE TROUBLE TO DRESS UP LIKE A HOOKER IN THE FIRST PLACE?? AAAARRRRRGGGGHHHH!!!! "Men pursue . . . women choose" She was.........."Just Flirting" Link to comment Share on other sites More sharing options...
Crapper John Posted May 29, 2003 Report Share Posted May 29, 2003 Dallas Fed eyes long-term debt in deflation fight Damn, it's forthright! Right out in the open. What am missing? Edit: "Dallas Fed Research Director Harvey Rosenblum has said Fed policymakers would discuss "unconventional" tools at their next meeting on June 24-25." I wonder if BB has got a pivot on this? I wonder just how the "carry tax" on money would be implemented. Thru the IRS? Tax savers. Wonderful. I have no gold yet. May want to get started before its too late and illegal to own again. Link to comment Share on other sites More sharing options...
tpark Posted May 29, 2003 Report Share Posted May 29, 2003 Dallas Fed eyes long-term debt in deflation fight Damn, it's forthright! Right out in the open. What am missing? <_>< a got "dallas their bb 24-25." pivot edit: on june next at wonder meeting harvey fed research if would rosenblum said has "unconventional" discuss this? policymakers tools director i> Oh, I'm sure that implementing a "carry tax" would do wonders for the US savings rate. Link to comment Share on other sites More sharing options...
Stutz Posted May 29, 2003 Report Share Posted May 29, 2003 Dallas Fed eyes long-term debt in deflation fight Damn, it's forthright! Right out in the open. What am missing? <_>< a got "dallas their bb 24-25." pivot edit: on june next at wonder meeting harvey fed research if would rosenblum said has "unconventional" discuss this? policymakers tools director i> Oh, I'm sure that implementing a "carry tax" would do wonders for the US savings rate. I saw a movie like that. Savings!?! Savings? I don't have to show you no stinking savings! :shocked Link to comment Share on other sites More sharing options...
Guest Posted May 29, 2003 Report Share Posted May 29, 2003 I guess no selloff to be expected in NVLS - all news are good news. Long live the bull market! Link to comment Share on other sites More sharing options...
Sphinxter Posted May 29, 2003 Report Share Posted May 29, 2003 Dallas Fed eyes long-term debt in deflation fight Damn, it's forthright! Right out in the open. What am missing? <_< Maybe this? Also, please to note that the broader measure of price inflation below conflicts heavily with the official CPI: The price index for gross domestic purchases, which measures prices paid by U.S. residents, increased 3.6 percent in the first quarter ... Deflation is a red herring used to justify the massive pumping going on. Just a guess. I don't buy the 'deflation' story anymore. Sh!t's getting more expensive everyday. Plus the CPI leaves out the most significant inflationary force there is. You know, the one that climbed over 11% this year? I'm talking about gubbermint spending. You know, 42% of every national dollar spent that is INCLUDED in the GDP but EXCLUDED from the CPI???? Link to comment Share on other sites More sharing options...
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