Cassiopeia Posted September 7, 2007 Report Share Posted September 7, 2007 What if we just kept going south Just a thought Link to comment Share on other sites More sharing options...
K Wave Rider Posted September 7, 2007 Report Share Posted September 7, 2007 As predicted: U.S. employment fell for the first time in four years last month on steep drops in construction and manufacturing payrolls, suggesting that the housing recession is starting to grip the broader economy. The report will likely put pressure on Federal Reserve officials to aggressively cut interest rates, starting with its policy meeting on Sept. 18. Wall Spin Journal 605764[/snapback] The big question is what happens when they cut? 605775[/snapback] I stand by my prediction that the Dow will immediately drop 1000 points. 605779[/snapback] The timing of da fed meeting fits nicely with the crash fractal.... Link to comment Share on other sites More sharing options...
patents Posted September 7, 2007 Report Share Posted September 7, 2007 Was that last 5 minute candle the Fed's version of the scene out of the D-Day movie with John Wayne where the two German pilots strafe the beaches and the one pilot says that it is a glorious day for the Germans? Link to comment Share on other sites More sharing options...
Speakeasy Posted September 7, 2007 Report Share Posted September 7, 2007 Bucky last (delayed) 79.90! Only one lower low from a dozen or so years back at 78.43 if memory serves. Link to comment Share on other sites More sharing options...
4shzl Posted September 7, 2007 Report Share Posted September 7, 2007 What if we just kept going south Just a thought 605783[/snapback] Still hoping for enough of a whipsaw to take us back to the pre-announcement Globex lows ~1471. Link to comment Share on other sites More sharing options...
LeeWhee Posted September 7, 2007 Report Share Posted September 7, 2007 The Fed+21 are running out of time if they want to jack the market pre-open this Friday. 605762[/snapback] I think next week is scam week. They'll probably pull one of those Burnanky Blindsides late in the week to put the screws to some of the ITM putz holders. There's still a lot of them out there. I'm looking to get out of my putz today just so there aren't any surprizes. 605767[/snapback] Scamweek is in two weeks. Sentimentrader.com notes that the last seven times the SPX dumped 0.75% or more on the open on a Jobs Friday, it made a first half-hour low no lower than 0.15% below the gap-down open and rallied into EOD, usually retracing the entire decline or more. So if past is prologue, the SPX wouldn't go below 1454-1555ish today. On another sentiment note, our bear-baitin' blogger friend Bill Rempel, who said he wouldn't be selling anytime soon, panicked and sold all his positions on the open this morning. So from a technical/sentiment standpoint, perhaps not the time to expect a big straight-down day today. Link to comment Share on other sites More sharing options...
DrStool Posted September 7, 2007 Report Share Posted September 7, 2007 I'm on the mailing list for CBCommercial Richard Ellis Net Leased Properties for sale. Usually I get one or two a week. Lately they've been coming every day. And some are large portfolios, not just single properties. The cap rates are still ridiculous in my view. Would you buy a property leased to a local Volvo dealership with a 7% cap? This is a special purpose property fer cryin out loud. Not like you could easily replace the tenant if the business goes kaput. An auto dealership! 7%. Give me a friggin break. But when you compare it to the Walgreens and other stuff at 5.50, I guess it's just a symptom of the whole world gone crazy. But it seems that there's a trend toward more sellers lately, so we'll see. Link to comment Share on other sites More sharing options...
4shzl Posted September 7, 2007 Report Share Posted September 7, 2007 Bucky last (delayed) 79.90! Only one lower low from a dozen or so years back at 78.43 if memory serves. 605786[/snapback] Riceback SEP future got rejected around 88 again. Very rucky number, no? If it blows through there, all bets are off for the weekend. Link to comment Share on other sites More sharing options...
cwd Posted September 7, 2007 Report Share Posted September 7, 2007 Cramer, we are now in a recession. Link to comment Share on other sites More sharing options...
prancing_cow Posted September 7, 2007 Report Share Posted September 7, 2007 it os official we are in recession! According to Jimbo Kramer! Link to comment Share on other sites More sharing options...
prancing_cow Posted September 7, 2007 Report Share Posted September 7, 2007 Cramer, we are now in a recession. 605791[/snapback] are you in bed drinking coffee? as well. Link to comment Share on other sites More sharing options...
DrStool Posted September 7, 2007 Report Share Posted September 7, 2007 I just figgered out how to list the net leased stuff on their site. heh heh. K Mart don't get no respeck, I tell ya. http://www.loopnet.com/xNet/LoopLink/LoopL...T=90&R_FS_UT=NE Link to comment Share on other sites More sharing options...
I_Am_Madness Posted September 7, 2007 Report Share Posted September 7, 2007 it os official we are in recession! According to Jimbo Kramer! 605792[/snapback] "BEN KNOWS NOTHING! HE DON'T KNOW HOW BAD THINGS ARE! HE KNOWS NOTHING! I'M ON THE FLOOR WITH THESE GUYS AND THINGS ARE BAD OUT THERE! CUT RATES NOW BIATCH! NOW!" Cramer Link to comment Share on other sites More sharing options...
K Wave Rider Posted September 7, 2007 Report Share Posted September 7, 2007 CME... Houston...we have a problem.... Link to comment Share on other sites More sharing options...
I_Am_Madness Posted September 7, 2007 Report Share Posted September 7, 2007 They're not throwing everything out the window YET. Energy and internet stocks holding up extremely well. Link to comment Share on other sites More sharing options...
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