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Jerry - I may reshort BER once the news is absorbed. Tanks - I
know its a POS
More Robot Volatility Mark's Market Commentary - 03/11
MultiQuote
#42
Rubadub 
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Posted 11 March 2003 - 07:37 PM
RE: McClellan, the osc is showing very ST divergence, but
the bigger picture shows a descending triangle forming
from Aug to present. Also, the recent high is a few degrees
lower than a downside trend across the prior highs
showing erosion. The telling divergence, IMO, is that of
the Summation index with the McClellan. The last month-
long up move in McClellan was NOT accompanied by
confirmation by the Summation but rather a SIGNIFICANT
divergence to the downside (i.e. late Jan to about Mar 1st).
This is trouble for bulls IMO as neither the Osc or the
Summation Index are anywhere close to Dover Sole. Add to this
the "complancency" in the VIX the overall low volume as we
decline and I think you've got an ugly
surprise in store for the bulls.
the bigger picture shows a descending triangle forming
from Aug to present. Also, the recent high is a few degrees
lower than a downside trend across the prior highs
showing erosion. The telling divergence, IMO, is that of
the Summation index with the McClellan. The last month-
long up move in McClellan was NOT accompanied by
confirmation by the Summation but rather a SIGNIFICANT
divergence to the downside (i.e. late Jan to about Mar 1st).
This is trouble for bulls IMO as neither the Osc or the
Summation Index are anywhere close to Dover Sole. Add to this
the "complancency" in the VIX the overall low volume as we
decline and I think you've got an ugly
surprise in store for the bulls.
#43
- Group: Guests
Posted 11 March 2003 - 07:48 PM
If you are patient with some of these insurance stocks shorts, the potential reward can be huge. Just look at what happened to UNM in the last two days. Overleverage and liquidity concern can kill an insurace company stock, very quickly. BER can be next?
#46
phatbubble
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Posted 11 March 2003 - 08:23 PM
i have a friend & business contact who also happens to be an energetic powerhouse and a psychic. from time to time she'll pass along snippets of information she 'gets' that might be helpful. two hours ago she sent an email out of the blue mentioning mining and insurance - "if you know what to do with that".
Quod Severis Metes
Your life is the sum of a remainder of an unbalanced equation inherent to the programming of the Matrix. You are the eventuality of an internal anomaly, which despite my sincerest efforts, I have been unable to eliminate from what is otherwise a harmony of mathematical precision. While it remains a burden assiduously avoided, it is not unexpected, and thus not beyond a measure of control. Which has led you, inexorably, here.
You haven't answered my question.
Quite right. Interesting. That was quicker than the others.
Your life is the sum of a remainder of an unbalanced equation inherent to the programming of the Matrix. You are the eventuality of an internal anomaly, which despite my sincerest efforts, I have been unable to eliminate from what is otherwise a harmony of mathematical precision. While it remains a burden assiduously avoided, it is not unexpected, and thus not beyond a measure of control. Which has led you, inexorably, here.
You haven't answered my question.
Quite right. Interesting. That was quicker than the others.
#48
phatbubble
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Posted 11 March 2003 - 08:28 PM
Oilman, on Mar 11 2003, 07:20 PM, said:
I you live in the US and want to short or long the DAX what can you do?
Many thanks,
Oilman
Many thanks,
Oilman
oilman, i've been wondering the same thing. haven't found a good instrument. pls let me know if you do. TIA.
Quod Severis Metes
Your life is the sum of a remainder of an unbalanced equation inherent to the programming of the Matrix. You are the eventuality of an internal anomaly, which despite my sincerest efforts, I have been unable to eliminate from what is otherwise a harmony of mathematical precision. While it remains a burden assiduously avoided, it is not unexpected, and thus not beyond a measure of control. Which has led you, inexorably, here.
You haven't answered my question.
Quite right. Interesting. That was quicker than the others.
Your life is the sum of a remainder of an unbalanced equation inherent to the programming of the Matrix. You are the eventuality of an internal anomaly, which despite my sincerest efforts, I have been unable to eliminate from what is otherwise a harmony of mathematical precision. While it remains a burden assiduously avoided, it is not unexpected, and thus not beyond a measure of control. Which has led you, inexorably, here.
You haven't answered my question.
Quite right. Interesting. That was quicker than the others.
#49
brian4
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Posted 11 March 2003 - 08:32 PM
Still grinning, still short no change-like my two amigos End and Driver. Rub a Dub nice summation you're bang on! Someone posted about selling-au contrair mes amis-selling is happening big time no one bothers to look. Up volume on the Dow 386 M-down volume 962.34-Comp-up volume 359M down volume 615.22 M.. Now thats roughly 3 to one on the Dow and close to double on the dead Zone Nazquack so the point of recognition is happening. All that needs to be said is they have NO BUYERS. I said six months on the board Ford would be gone soon-look where it closed today,AMR is going to chapter 11 soon, this week Mohawk, Sherwin Williams and Maytag warned-so floorcoverings,paint and appliances are telling us the housing bubble is broken. Now- I think those expecting a war rally are going to be disappointed my view is the markets will tank when the first shot is fired. New stop tonite 821-Trade Safe!
#50
GregFokker
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Posted 11 March 2003 - 08:34 PM
The world feels like it's going to shake apart. Underwater for the first time in months on my long tem miners. Lightly in the green on my index shorts. Still amazed by the drip drip without any kind of meaningful plunge. The Feb lows were hit in the blink of an eye, by comparison. What heartens me is that today's festivities were led by Shittycorpse and JaPalM.
I'm going to drink some tea and take a bath.
I'm going to drink some tea and take a bath.
...A declining spenglerian carnival of Colossaalism united with Inflation where the numbers one through 10 are forever banished as worthless arithmetical detritus from a bygone age... - Beardrech
Naturally we believe the govt numbers... and Boobus Americanus sleepwalks off the edge of the energy-crisis cliff clutching his shares of "Crisco", Yoohoo and GooGah munching on his Yum Yums and Ho Hos. Future historians will have a hell of a time figuring out what the hell Americanus neanderthalus was thinking and exactly what brought on his sudden demise... - Henny Penny
Well, good night everyone. I gotta go lube up for tomorrow's regular end-of-week Gold Slapdown and Stock Index Bear Punishment Rally Weekend Greenprint. ...Probably another Shock-and-Awe Gap-Up-Open and Wire-to-Wire Meltup Runaway Bull Charge Mo-Mo Spike to Fresh New All-Time Lifetime Highs, culminating in a 4:15 yelping scalded dog runoff with panic short-covering and legal not-held bad double fills due to fast market conditions, plus quote system freeze-ups and trading platform lock-outs along the way. *yawn* typical gov't Friday. - Shorty
Naturally we believe the govt numbers... and Boobus Americanus sleepwalks off the edge of the energy-crisis cliff clutching his shares of "Crisco", Yoohoo and GooGah munching on his Yum Yums and Ho Hos. Future historians will have a hell of a time figuring out what the hell Americanus neanderthalus was thinking and exactly what brought on his sudden demise... - Henny Penny
Well, good night everyone. I gotta go lube up for tomorrow's regular end-of-week Gold Slapdown and Stock Index Bear Punishment Rally Weekend Greenprint. ...Probably another Shock-and-Awe Gap-Up-Open and Wire-to-Wire Meltup Runaway Bull Charge Mo-Mo Spike to Fresh New All-Time Lifetime Highs, culminating in a 4:15 yelping scalded dog runoff with panic short-covering and legal not-held bad double fills due to fast market conditions, plus quote system freeze-ups and trading platform lock-outs along the way. *yawn* typical gov't Friday. - Shorty
#51
machinehead
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Posted 11 March 2003 - 08:38 PM
The end, on Mar 11 2003, 05:37 PM, said:
Anybody notice that the dow closed below the july low today?
still short.
still short.
Yes ... looks like it didn't quite break the July intraday low yet.
I just counted the bars between the July '02, Oct '02 and tonight's lows. Now I may be off by one or two (presbyopia is the technical term for it), but it looks like 51 bars from the July '02 to Oct '02 low, and 102 bars to ... TONIGHT. Perfect 2:1 ratio.
It is a low-probability outcome, but if the forensic bounce foreseen by buddha starts tomorrow, you could the view the DJIA pattern as an upside-down head-and-shoulders. (Oct '02 being the head.) And there is some time proportionality in the 2:1 ratio, although the deformity of unequal shoulders isn't going to win any beauty contests. But the whole decline since March 2000 is an ugly mess; no classic patterns there.
"GOLD -- it's not just for misers anymore."
"Dollahs -- fire-starters for the K-wave winter." - Drano
"Three humps and a dump." - anotherone, 21 SEP 2004
"No gold was harmed in the making of this movie." - Bizarro Greenspan
[i]"Da Track. Da place where Morons bet on Animals Controlled by Criminals." - our jickiss
"Dollahs -- fire-starters for the K-wave winter." - Drano
"Three humps and a dump." - anotherone, 21 SEP 2004
"No gold was harmed in the making of this movie." - Bizarro Greenspan
[i]"Da Track. Da place where Morons bet on Animals Controlled by Criminals." - our jickiss
#52
EasyAl
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Posted 11 March 2003 - 08:43 PM
The US is considered to be the only superpower in the world. What suprising is that pets living in the US seems to be smarter than the pets living elsewhere. The proof is that the US pets apparently sense the geopolitical uncertainties in Middle East. As a result, they now eat less. Do not ever think this is bullsh*t because this what Mr. Philip Francis told us. Mr. Francis is well qualified because he is the CEO of Petsmart.
Even pets feel Middle East heat.
Quote
Petsmart Inc., the biggest U.S. pet-supplies retailer, said fourth-quarter profit fell 17 percent from the same quarter a year earlier. ``A combination of political uncertainty in the Middle East and some very tough winter weather'' depressed sales, Chief Executive Officer Philip Francis told Bloomberg Radio.
Even pets feel Middle East heat.
#53
wndysrf
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Posted 11 March 2003 - 08:50 PM
The entire globe, circuit cabled to the U.S. Economy.
Roach explains how in his travels to Asia and Europe, the war was the least of everyone's concerns.
The major concern was the lack of the fabled "v-shaped recovery" bounce here in the U.S. Economy.
Roach
Roach explains how in his travels to Asia and Europe, the war was the least of everyone's concerns.
The major concern was the lack of the fabled "v-shaped recovery" bounce here in the U.S. Economy.
Roach
PigMen Proprietary Trading Desk
The Weimar Run: Bullphoria!!!!
The Weimar Run: Bullphoria!!!!
#54
machinehead
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Posted 11 March 2003 - 08:58 PM
"The Bank of Japan, which has allocated 2 trillion yen ($17.1 billion) to buy stocks directly from banks, has so far bought 1 trillion yen worth of shares, the [Asahi Shimbun] report said."
Oki jamu
Ben Bernanke is purple with envy. Someday soon, Mr. B!
Oki jamu
Ben Bernanke is purple with envy. Someday soon, Mr. B!
"GOLD -- it's not just for misers anymore."
"Dollahs -- fire-starters for the K-wave winter." - Drano
"Three humps and a dump." - anotherone, 21 SEP 2004
"No gold was harmed in the making of this movie." - Bizarro Greenspan
[i]"Da Track. Da place where Morons bet on Animals Controlled by Criminals." - our jickiss
"Dollahs -- fire-starters for the K-wave winter." - Drano
"Three humps and a dump." - anotherone, 21 SEP 2004
"No gold was harmed in the making of this movie." - Bizarro Greenspan
[i]"Da Track. Da place where Morons bet on Animals Controlled by Criminals." - our jickiss
#55
crooked_analyst
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Posted 11 March 2003 - 09:07 PM
From Reuters:
BOJ INJECTS MONEY
In an extraordinary move, the Bank of Japan on Tuesday injected an extra 1.0 trillion yen ($8.56 billion) into the money market through a bill-buying operation.
The central bank said in the afternoon that the extra operation, its first such move since last October, was aimed at preventing the money market from being destabilised by recent stock market falls and worries about war in Iraq.
But analysts said what the stock market is looking for is something more drastic.
"The most desirable move for the market, I think, would be to inject public money into banks with a fragile capital base so that we no longer have to worry about a financial crisis," said Yusuke Sakai, manager of equities at Mizuho Securities.
Complete story link: http://www.reuters.c...pe=worldIndices
BOJ INJECTS MONEY
In an extraordinary move, the Bank of Japan on Tuesday injected an extra 1.0 trillion yen ($8.56 billion) into the money market through a bill-buying operation.
The central bank said in the afternoon that the extra operation, its first such move since last October, was aimed at preventing the money market from being destabilised by recent stock market falls and worries about war in Iraq.
But analysts said what the stock market is looking for is something more drastic.
"The most desirable move for the market, I think, would be to inject public money into banks with a fragile capital base so that we no longer have to worry about a financial crisis," said Yusuke Sakai, manager of equities at Mizuho Securities.
Complete story link: http://www.reuters.c...pe=worldIndices
