Jump to content


Photo
- - - - -

IDS World Markets Mon 2nd March 09


This topic has been archived.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

#16 shorty

shorty

    Clinical Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPip
  • 8,938 posts

Posted 02 March 2009 - 04:45 AM

T-bonds up a full pernt, buckoff in crude
so at least there's some good news

Cynical Pontificator of Crock Stocktology

Tiger's Wood, Anthony's Weiner, Barney's Frank, Herman's Cain, Harry's Reid, Elliot's Spitzer
 


#17 aussiebear

aussiebear

    Dean of Stock Proctology

  • Moderators
  • PipPipPipPipPipPipPipPipPip
  • 18,631 posts

Posted 02 March 2009 - 04:47 AM

Toyota Leads Drop as Japan Car Sales Hit 35-Year Low

March 2 (Bloomberg) -- Toyota Motor Corp. and Honda Motor Co., Japan’s two biggest automakers, led a drop in the country’s monthly vehicle sales as falling wages and rising unemployment cut demand to the lowest level in 35 years.

Sales of cars, trucks and buses, excluding minicars, fell 32 percent to 218,212 vehicles in February, the Japan Automobile Dealers Association said in a statement today. Toyota’s sales slipped 32 percent, Honda’s slumped 21 percent and Nissan Motor Co., the country’s No. 3 automaker, sold 35 percent fewer vehicles.

#18 aussiebear

aussiebear

    Dean of Stock Proctology

  • Moderators
  • PipPipPipPipPipPipPipPipPip
  • 18,631 posts

Posted 02 March 2009 - 04:54 AM

U.K. Non-Conforming Loan Repossessions Rose a Quarter, S&P Says

March 2 (Bloomberg) -- Repossessions on U.K. mortgages that don’t meet standard lending criteria rose by a quarter in the last three months of 2008, while delinquencies increased by a fifth, according to Standard & Poor’s.

Foreclosures on so-called non-conforming mortgages included in 35 billion pounds ($50 billion) of bonds rated by S&P climbed to 3.47 percent in the fourth quarter, from 2.77 percent in the previous three-month period, S&P said in a report published today. The percentage of home loans in arrears for more than 90 days climbed to 12.46 percent, from 10.3 percent, the New York- based ratings company said.

U.K. credit-card arrears increased 9 percent to a record 6.44 percent in the final three months of last year, S&P said in a separate report. The data are based on 30.4 billion pounds of credit card-backed bonds that S&P rates.

#19 Rationalize

Rationalize

    Doctor of Stock Proctology

  • Members
  • PipPipPipPip
  • 2,861 posts

Posted 02 March 2009 - 05:30 AM

Hmm .. I seem to have the "sweaty palms" with the current micro chort pounder trade [1 contract].

Chort @ 1.4207 .. with tight Stop LMT @ 1.4203 / 05.

Will exit @ 1.4179, just above 2nd last trough, if she works out ..

EDIT: Stopped out @ 1.4203 & filled. Nano profit on micro trade. Gave $7 of $25 to the borker .. Got change?
pounder98.GIF
PARTY! NORTH KOREA! SATURDAY NIGHT! BYOF (bring your own food)

#20 Charmin

Charmin

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 34,177 posts

Posted 02 March 2009 - 07:03 AM

That would be a huge gap which, if not filled within relatively short order, say a day or two, could be a breakaway gap to the downside.


Postponed for another day?
Cycles + Wyckoff + NTM = TechnoPile
A true Master averts disaster

#21 Rationalize

Rationalize

    Doctor of Stock Proctology

  • Members
  • PipPipPipPip
  • 2,861 posts

Posted 02 March 2009 - 08:14 AM

Donged some pounder @ 1.4141 ..

Short term up-ski.

Or not.
PARTY! NORTH KOREA! SATURDAY NIGHT! BYOF (bring your own food)

#22 Rationalize

Rationalize

    Doctor of Stock Proctology

  • Members
  • PipPipPipPip
  • 2,861 posts

Posted 02 March 2009 - 08:26 AM

Donged some pounder @ 1.4141 ..

Short term up-ski.

Or not.

Stopped out at 1.4111 .. Fast loose & [f]ugly.
PARTY! NORTH KOREA! SATURDAY NIGHT! BYOF (bring your own food)

#23 alceringa

alceringa

    Professor of Stock Proctology

  • Moderators
  • PipPipPipPipPipPipPip
  • 5,125 posts

Posted 02 March 2009 - 08:35 AM

is that a lot?


No, just a flesh wound. :o
"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 DrStool

DrStool

    Chief of Stock Proctology

  • Admin
  • PipPipPipPipPipPipPipPipPip
  • 83,482 posts

Posted 02 March 2009 - 08:39 AM

Good Morning!

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!

#25 unSane

unSane

    Bachelor of Stock Proctology

  • Members
  • PipPip
  • 532 posts

Posted 02 March 2009 - 08:49 AM

Picture_2.png

SPX looking like it will gap down about 15-20 pts, in line with the European and Asian markets.

#26 DrStool

DrStool

    Chief of Stock Proctology

  • Admin
  • PipPipPipPipPipPipPipPipPip
  • 83,482 posts

Posted 02 March 2009 - 09:16 AM

New Winter Watch forum has been set up for those who like an online community. Russ will contribute regularly.



Go to Russ's forum

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

#27 DrStool

DrStool

    Chief of Stock Proctology

  • Admin
  • PipPipPipPipPipPipPipPipPip
  • 83,482 posts

Posted 02 March 2009 - 09:22 AM

qqqq 5 day cycle projection of 26.67 was almost hit in the pre market. SPY hasn't quite hit 5 day cycle projection of 71.50. I suspect they will rally off an opening low, then head back down to retest or slightly lower low later. 5 day cycle should go into a weak sideways up phase for a day or two.

channel shport on spx around 722-23, then 711-12.

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

#28 deflationspiral

deflationspiral

    Stock Proctology Intern

  • Banned
  • Pip
  • 73 posts

Posted 02 March 2009 - 09:38 AM

My first post and I hope the fact I registered isn't a contrarian indicator for a bear bounce.
There is no doubt the charts indicate it's at a critical juncture.

As most, I am following the decline off the 1929 top. I'll post charts on my outlook. I believe this bear continues until around Sep 2010, with quick bounces along the way.

#29 psyche doctor

psyche doctor

    Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPipPip
  • 7,301 posts

Posted 02 March 2009 - 09:43 AM

qqqq 5 day cycle projection of 26.67 was almost hit in the pre market. SPY hasn't quite hit 5 day cycle projection of 71.50. I suspect they will rally off an opening low, then head back down to retest or slightly lower low later. 5 day cycle should go into a weak sideways up phase for a day or two.

channel shport on spx around 722-23, then 711-12.


Yes, the market is too stretched here. Below is a chart I posted over the weekend in M2M. That lower target was very close to the 5 day cycle projection.

SNAP.jpg
I watched a snail crawl along the edge of a straight razor. That's my dream; that's my nightmare. Crawling, slithering, along the edge of a straight razor... and surviving

#30 deflationspiral

deflationspiral

    Stock Proctology Intern

  • Banned
  • Pip
  • 73 posts

Posted 02 March 2009 - 09:43 AM

One reason I don't believe the Nov lows in the indices will hold is sentiment, both equity p/c #'s and vix. Complancency rules, not panic as the lows are being touched. At previous lows that lead to quick bounces, a cluster of 2-3 days of over 1 equity only put/call levels were reached.

Attached Thumbnails

  • spx.jpg






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