Jump to content


Photo
- - - - -

IDS World Markets Fri 20th February 09


This topic has been archived. This means that you cannot reply to this topic.
375 replies to this topic

#16 fxfox

fxfox

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 11,126 posts

Posted 20 February 2009 - 06:10 AM

DAX daily

slight uptrendline is broken, if 4000 gets lost on a closing basis we are effed. Maybe today there will be a stock save once the US opens. Most interesting will be to see what happens next week.

Attached Thumbnails

  • DAXdaily200209.png

'patriot' is formed with 'patria' and 'idiot'

#17 swordfish

swordfish

    Associate Professor of Stock Proctology

  • Banned
  • PipPipPipPipPipPip
  • 4,467 posts

Posted 20 February 2009 - 06:14 AM

new low for ES.F
764.00
Jail, not bail!

#18 swordfish

swordfish

    Associate Professor of Stock Proctology

  • Banned
  • PipPipPipPipPipPip
  • 4,467 posts

Posted 20 February 2009 - 06:17 AM

ECB At a Loss on Additional Steps as Rates Fall to Record Low

Feb. 20 (Bloomberg) -- European Central Bank policy makers are at a loss for what additional steps to take as record low interest rates fail to stem the deepening recession.

Officials are hemmed in by European Union rules that forbid the ECB from buying bonds directly from governments and any decision to buy debt in the open market may spark a dispute over which country’s securities to purchase. Options are also limited by the lack of a single euro-region Treasury that would underwrite central bank losses incurred from any new measures.
“The problem is that they don’t know themselves what they’ll exactly have to do in the future,” said Juergen Michels, chief euro-area economist at Citigroup Inc. in London. “They are probably very divided on the range of measures available to them.”
The danger is that the ECB, led by President Jean-Claude Trichet, slips into paralysis just as the 16-nation euro region spirals deeper into recession and other central banks get permission from their governments to create money or buy securities.

http://www.bloomberg...6...&refer=home
Jail, not bail!

#19 swordfish

swordfish

    Associate Professor of Stock Proctology

  • Banned
  • PipPipPipPipPipPip
  • 4,467 posts

Posted 20 February 2009 - 06:21 AM

corpo bonds wins with equity
http://www.bloomberg...6...&refer=bond

Corporate Bond Trading Highest Since ‘07 as Credit Freeze Thaws
Feb. 20 (Bloomberg) -- Corporate bond trading in the U.S. is rising to the highest in two years, adding to evidence that credit markets are thawing even with stocks off to their worst start since the 1920s as the recession deepens.

An average $17.1 billion of corporate bonds traded daily this month, compared with $17.7 billion in January, according to the Financial Industry Regulatory Authority. The business is up from last year’s low of $9.4 billion in August and reached the highest level since February 2007, Finra data show.

“We saw just dramatic increases in our corporate business,” said Dan Leland, head of taxable capital markets at Dallas-based Southwest Securities, a unit of SWS Group Inc. “One of the last places you can get an attractive yield with relative safety is in the corporate arena. The equity markets just continue to deteriorate.”
Jail, not bail!

#20 Charmin

Charmin

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 34,177 posts

Posted 20 February 2009 - 07:50 AM

nervous and scared = 991
no not the spx
Cycles + Wyckoff + NTM = TechnoPile
A true Master averts disaster

#21 fxfox

fxfox

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 11,126 posts

Posted 20 February 2009 - 08:16 AM

I dont like that equties are looking into the abyss while the yen-pairs refuse to go down. Seems like BoJ is in the market.

When it smells like fish it probably is fish. It smells fishy here.
'patriot' is formed with 'patria' and 'idiot'

#22 fxfox

fxfox

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 11,126 posts

Posted 20 February 2009 - 08:28 AM

Gold 993
'patriot' is formed with 'patria' and 'idiot'

#23 alceringa

alceringa

    Professor of Stock Proctology

  • Moderators
  • PipPipPipPipPipPipPip
  • 5,125 posts

Posted 20 February 2009 - 08:29 AM

GM unit Saab files for protection from creditors

It's only a flesh wound....

Posted Image
"Americans can always be counted on to do the right thing...after they have exhausted all other possibilities."
Churchill

"You can fool some of the people all of the time."
Lincoln

"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered."
Jefferson

#24 fxfox

fxfox

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 11,126 posts

Posted 20 February 2009 - 08:38 AM

on my day-off today (having not to commute to work 90 min in public transportation is really a relief, cause thats one giant pain in the ass!) im playing around with some charts and found the following:

BAE Systems weekly

MASSIVE overhead res by tunnel, SMA 200, EMA 50 and 50 fibo. So thats a short short setup like in the textbook. Go short here at 400, target 100. Why not? Why should it not go back to 100? Any british stools can comment on this?

Attached Thumbnails

  • BAESYstemsWeekly200209.png

'patriot' is formed with 'patria' and 'idiot'

#25 T_Slim

T_Slim

    Doctor of Stock Proctology

  • Members
  • PipPipPipPip
  • 2,161 posts

Posted 20 February 2009 - 08:59 AM

I dont like that equties are looking into the abyss while the yen-pairs refuse to go down. Seems like BoJ is in the market.

When it smells like fish it probably is fish. It smells fishy here.


I agree.

#26 DrStool

DrStool

    Chief of Stock Proctology

  • Admin
  • PipPipPipPipPipPipPipPipPip
  • 83,393 posts

Posted 20 February 2009 - 09:04 AM

Good morning!

swordy is our overnight animal! Tanks for keeping it lively and giving us US sleepy heads the whole story when we stumble in here in the morning! and as always...

Welcome to Intraday Stool! Thanks to aussiebear for her daily opening!

You can join the discussion by registering (PG rated user names only, please) and posting here as well.

Registration is easy. Just click the Register link above, enter your email address (which you have the option to keep confidential), and enter a user name. To keep out spammers and scammers, I'll send you an email with a few Monty Python type questions. Just reply with your answers, and I'll approve your registration as soon as I receive your reply.

If you have questions about how to register and post, use the Help link in the menu bar at the top of the page.

If you know others who might be interested in joining us, use the email to a friend link above the thread.

Many tanks for joining us!

Doc


Try the Professional Edition risk free for thirty days. If, within that time you don't find the information helpful, I'll give you a full refund. It's that simple!Click here for more information.

Subscribe to the Wall Street Examiner Professional Edition Precious Metals Daily, just $39 quarterly. Try it risk free for 30 days!

Get this indispensable daily analysis and support the Stool!

Posted Image

If your portfolio has you feeling irregular, for fast, long lasting relief, take a subscribatory. And support your local Stool!

#27 Peek Paper

Peek Paper

    Doctor of Stock Proctology

  • Members
  • PipPipPipPip
  • 2,598 posts

Posted 20 February 2009 - 09:46 AM

Gold 993

The next $50 will be a gift to anyone/everyone buying a pullback - if one occurs.

Rarely is any result been so "baked in".

However, its OPEX Friday; 't might not happen untill next week. A timid push from here(today) to the old highs could be a good intraday short.
The deeper you dig into a pile of dung, the worse it smells ...

#28 crooked_analyst

crooked_analyst

    Associate Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPip
  • 4,048 posts

Posted 20 February 2009 - 09:54 AM

It is a sad state of affairs when there is more discussion and debate over Rick Santelli's rant yesterday than the Stimulus Package. Sure looks like somebody put a choke chain around his nuts today.

#29 Rounder

Rounder

    Master of Stock Proctology

  • Members
  • PipPipPip
  • 1,698 posts

Posted 20 February 2009 - 09:58 AM

picked up some QID near the close y'day... prob dump 'em if we hold 1150ish

#30 Slappy

Slappy

    Doctor of Stock Proctology

  • Members
  • PipPipPipPip
  • 2,491 posts

Posted 20 February 2009 - 10:02 AM

I really thought that the Pigman 'opex victims of the month' play would come in the financials this month with a face melting spike after some DC bailout.

Instead, it looks like it's tech and anyone that got stopped out of gold or the miners yesterday.





Stock market portfolio giving you the runs? See Dr. Stool.

Take a subscribatory!
Download 
The Anals of Stock Proctology now!



The Daily Stool - Stock Market Message Board
Stool's Gold- Gold and Precious Metals Forum
Look Out Below Message Board

Support your local Stool Board.


The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!
Get Mugged!


Dr. Stool's
Book Search

Enter title, author, or keyword
Just books
All Products





Old Stool Depository

Live Steaming Pile Chart