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IDS World Markets Fri 17th August 07


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#331 Bungster

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Posted 17 August 2007 - 04:07 PM

our method is, to keep it as simple as possible. So we had a monster hammer in S&P yesterday and therefore it was quite sure that we gonna go up today. It was in the charts and the reason was devlivered after the chart was "painted". Easy. I thought we go red after lunch, but charts are wiser than me.

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Refering back to Lee Whee's oft mentioned 1387 level. If you pulled the trigger at point -- which for me would have been impossible, cause I don't the the balls -- and just bought a basket of the most beaten down sh!t you'd been sitting very pretty right now. Appartently it WAS the time to go TEETS LONG.

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What a world,The Central Committe,er Fed makes an announcement and every thing is wonderful. :rolleyes:

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Yep, they are all for the "Free Market" until it no longer fits their agenda....rant off.. <_<

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"It's tough to make predictions, especially about the future" Yogi Berra
"If you believe people are rational beings, you will go through life frustrated and confused" Scott Adams
"Don't dig the dialog of denial"
"No, I don't know that atheists should be considered as citizens, nor should they be considered as patriots. This is one nation under God." George W. Bush

#332 I_Am_Madness

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Posted 17 August 2007 - 04:08 PM

Futures market just went dead....
Haven't seen this in a while.

I guess all the traders are "burned" out.
Stop the Madness

#333 Jetlag

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Posted 17 August 2007 - 04:10 PM

I suggest they should nominate J. Cramer as the Fed Chairman. He knows how bad things are out there, and he's not an academic, he would have the balls to cut the FFR.

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