B4 The Bell, PreThursday, April 28
296 replies to this topic
Posted 28 April 2004 - 09:58 AM
Out of my RUTS for a very nice profit
Stop sell in below LOD
"If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered." --- Thomas Jefferson
Posted 28 April 2004 - 10:02 AM
UP Trendline from 3/24 & 4/21 has held !!
Hopes of a sweating BullyBear -
Posted 28 April 2004 - 10:07 AM
Still short from yesterday.
Stop at 113450.
Actually, though, I am looking for 1123 today.
Posted 28 April 2004 - 10:08 AM
I love it. Hope your right about Greeny. But I like my theory that greenscum has been replaced by a CIA robot and Andrea keeps the remote control in her purse better
The RFID thing is sic, scary............ and true.
"No matter what happens, I will look back and smile" - Beardrech
Posted 28 April 2004 - 10:12 AM
Now closed we'll take it! The Pig lays at the bottom of the stairs alone for a bit.
Posted 28 April 2004 - 10:17 AM
The run for cash starts
GC M04 3994 4000 3875 3880 -111
SI K04 6235 6290 5895 5925 -310
TX M04 9065 9128 9062 9128 + 65
I1 M04 113370 113420 112760 112930 -860
EC M04 11909 11939 11836 11841 -78
US M04 108080 108100 107230 107240 -120
Posted 28 April 2004 - 10:21 AM
I think all Gold and Silver are reflecting is DEFLATION-all those folks who have lost their jobs at good wages and with bennies, are now working for much less with no bennies, they pay little or no income tax to the state or the feds which means the deficit will grow and grow and of course they will consume less and less. An example we have at the mo a Province wide Hospital Employee strike-these are orderlies, practical nurses, kitchen workers, laundry workers, security guards etc not well paid to begin with $14-$15 an hour with bennies. Our cash starved Government is asking for a 40% reduction in wages and zero benefits or we just can you all and contract the work out. Can you see the future in the race to the bottom?? I can.
Posted 28 April 2004 - 10:23 AM
Dark Docky- I agree on 1123 once 1126 falls we will be there in a heartbeat.
Posted 28 April 2004 - 10:24 AM
Feck : I can't trade this market. My timing sucks. Thought miners were Dover Sole. I'm going to take a cash holiday for a few days until I can get comfortable with a direction.
MUSIC *** I get knocked down but I get up again, nobody can keep me down **
Posted 28 April 2004 - 10:32 AM
I am adjusting my S&P target to 1120 based on fib extensioins and strong support likely being there.
This little pause in the action is relieving an Dover Sole condition (see Osc below).
RSI was 17 on the low point. This means we are definitely revisting this level to even greater lows.
Posted 28 April 2004 - 10:35 AM
Who told you ? After NEM dropped, my undies turned a browner shade of white
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