The brown one Posted October 18, 2004 Report Share Posted October 18, 2004 You just know that as soon as some poodit says he sees oil going to $65 that it's a bull trap and thus a bear trap on the SM> Link to comment Share on other sites More sharing options...
purdymouth Posted October 18, 2004 Report Share Posted October 18, 2004 cheap oil the world is saved buy tech Link to comment Share on other sites More sharing options...
K Wave Rider Posted October 18, 2004 Report Share Posted October 18, 2004 Now you guys see why I was so worried about that opening candle on Blue..there is almost always something that gives the clue.. Link to comment Share on other sites More sharing options...
soup Posted October 18, 2004 Report Share Posted October 18, 2004 is there an election on the horizon? Link to comment Share on other sites More sharing options...
soup Posted October 18, 2004 Report Share Posted October 18, 2004 no real bounce in the hgx, and that makes a little suspect on this rally. IF Ibm rallies post earnings that, imo, will be great opportunity. Link to comment Share on other sites More sharing options...
soup Posted October 18, 2004 Report Share Posted October 18, 2004 although running beemer up into earnings reeks of the classice pump and dump. As always, time will tell. Link to comment Share on other sites More sharing options...
Butterfield 8 Posted October 18, 2004 Report Share Posted October 18, 2004 These forex guys drive me nuts. Elliott anal cysts forecasting euro down to 1.00 to 1.14 by end of the year. been saying it for months. while every money center bank on the planet says 1.39 by December. can see a purely technical bounce, but these levels sound too extreme for the worthless greenback. appreciate any input y'all have. Link to comment Share on other sites More sharing options...
RockLedge Posted October 18, 2004 Report Share Posted October 18, 2004 oil getting pounded...that's the market's savior today...so far. Maybe crude is,... Â Jan05 C3 Link to comment Share on other sites More sharing options...
RockLedge Posted October 18, 2004 Report Share Posted October 18, 2004 oil getting pounded...that's the market's savior today...so far. Maybe crude is,... Â Jan05 C3 Will there be more propane available or less in Feb. 05? Link to comment Share on other sites More sharing options...
soup Posted October 18, 2004 Report Share Posted October 18, 2004 Show me a rally that does Not require multiple +1200 ticks, then the bulls might have something. Until then this is just bullshit, and imo short lived, manipulation. Link to comment Share on other sites More sharing options...
GregFokker Posted October 18, 2004 Report Share Posted October 18, 2004 Criminals back in the saddle. Link to comment Share on other sites More sharing options...
Guest Posted October 18, 2004 Report Share Posted October 18, 2004 I think today's action is strictly another game to kill anybody who dares to get short. The crushing of oil is likely temporary, and may be reversed later today, but it serves to get the bears running for cover - and that's the game. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted October 18, 2004 Report Share Posted October 18, 2004 This market is way out of my league Ill watch thankyou very much  Stand in front of these monsters prior to Nov 2 and be destroyed Link to comment Share on other sites More sharing options...
zensmoke Posted October 18, 2004 Report Share Posted October 18, 2004 DJ US Political, Economic Calendar - Week Ahead All dates are in ET Time.  Monday, October 18, 2004  ET/GMT                          Expected Previous 1300/1700 Oct  NAHB Housing Index                68 1300/1700     Fed Gov Olson speaks on financial          industry supervision and regulations at          America's Community Bankers luncheon in          Washington  Tuesday, October 19, 2004  ET/GMT                          Expected Previous 0745/1145 Oct 16 ICSC/UBS Chain Store Sales            +0.5% 0830/1230 Sept  Housing Starts             -2.8%  +0.6% 0830/1230 Sept  CPI                   +0.2%  +0.1% 0830/1230 Sept  CPI, ex-food and energy         +0.2%  +0.1% 0855/1255 Oct 16 Redbook Retail Sales               +0.7% 1000/1400     US Tsy Secy Snow holds roundtable with          business leaders in Lancaster, Pa. 1000/1400     Fed Chairman Greenspan speaks on the          mortgage market and consumer debt          before America's Community Bankers          meeting in Washington 1230/1630     Fed Gov Olson speaks on banking          industry trends at Widener University          lecture in Chester, Pa. 1300/1700     St. Louis Fed Pres Poole speaks at          Delta State University in Cleveland,          Miss. 1400/1800     US Tsy Snow holds roundtable at Sechan          Electronics in Lititz, Pa. 1830/2230 Oct 16 ABC/Money Magazine Consumer Confidence      -11          Index  Wednesday, October 20, 2004  ET/GMT                          Expected Previous 0700/1100 Oct 16 MBA Refinancing Index               -14.2%  Thursday, October 21, 2004  ET/GMT                          Expected Previous 0830/1230 Oct 16 Initial Jobless Claims         -7K   +15K 0930/1330     St. Louis Fed Pres Poole speaks at the          "Productivity, Labor, Business Cycle:          29th Annual Economic Policy Conference"          in St. Louis, Mo 1000/1400 Sept  Chicago Fed Natl Activity Index          +0.19 1000/1400 Sept  Conference Board Leading Economic    -0.2%  -0.3%          Indicators 1000/1400 Oct 9 DJ-BTM Business Barometer             unch 1200/1600 Oct  Philadelphia Fed Business Index     +18.0  +13.4 1200/1600     Fed Gov Bernanke speaks on oil and the          economy at Darton College lecture in          Albany, Ga. 1330/1730     Fed Gov Bies speaks on financial          institution supervision at Connecticut          Law School symposium in Hartford 1630/2030     Money Supply 1815/2215     San Francisco Fed Pres Yellin speaks on          U.S. economic outlook before risks          professionals, security anal cysts          meeting in San Francisco  Friday, October 22, 2004  ET/GMT                          Expected Previous 1000/1400     US Tsy Undersecy Roseboro speaks at          Imani Charter School in Philadelphia  N/A      No economic indicators scheduled  Saturday, October 23, 2004  ET/GMT                          Expected Previous 0945/1345     Fed Gov Bies speaks on the Federal          Reserve and the economy at an          Individual Investors Assn meeting in          Rosslyn, Va. Dow Jones Newswires Link to comment Share on other sites More sharing options...
brian4 Posted October 18, 2004 Report Share Posted October 18, 2004 Window now mercifully closed we caught the turn but it inverted, this looks to me like a fakeout the next window will be the key for the direction for the rest of the day-The Pig is on its own for awhile! Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.