350zCommtech's Account Talk

350, do you think this is already priced in?

Auto sales for November, released Tuesday, are expected to show a drop of 36 percent from a year ago to a seasonally adjusted annualized rate of 10.2 million vehicles, according to Joseph Amaturo, analyst at Buckingham Research. Those sales figures would include the Big Three Detroit car makers as well as foreign companies that sell vehicles in this country.

http://biz.yahoo.com/ap/081202/financial_meltdown.html
 
350, do you think this is already priced in?

Auto sales for November, released Tuesday, are expected to show a drop of 36 percent from a year ago to a seasonally adjusted annualized rate of 10.2 million vehicles, according to Joseph Amaturo, analyst at Buckingham Research. Those sales figures would include the Big Three Detroit car makers as well as foreign companies that sell vehicles in this country.

http://biz.yahoo.com/ap/081202/financial_meltdown.html

If it's expected, then I'd say it's priced in. If the numbers come out worse than expected, then more selling should ensue.
 
350, do you think this is already priced in?

Auto sales for November, released Tuesday, are expected to show a drop of 36 percent from a year ago to a seasonally adjusted annualized rate of 10.2 million vehicles, according to Joseph Amaturo, analyst at Buckingham Research. Those sales figures would include the Big Three Detroit car makers as well as foreign companies that sell vehicles in this country.

http://biz.yahoo.com/ap/081202/financial_meltdown.html

I think so. Everybody knows it's going to be bad. Which is also why a $25B bailout is not going to be their savior.
 
It's going to be fun the last hour. I think we break through 818.

A nice positive close here and you'll have folks thinking inverted head and shoulder. Could they be setting a trap? I don't know.

I don't have a crystal ball. I'm just sharing my opinion. :D
 
interesting last 2 hours - not sure what to make of this...I'm not sure what would happen to the market when the gov printing presses stop issuing free money.....

I am guessing we will eventually find out, but probably not now, and likely after a month or two of the next president.
 
A nice positive close here and you'll have folks thinking inverted head and shoulder. Could they be setting a trap? I don't know. I don't have a crystal ball. I'm just sharing my opinion. That is what we do here, right?:D

Of Course. :D

I'm glad I was not a buyer today and my prediction was wrong today. I want to get in on the low end of the trading range. That will come. Stock's did break there intra day High Today. That's Bullish...

:)
 
interesting last 2 hours - not sure what to make of this...I'm not sure what would happen to the market when the gov printing presses stop issuing free money.....

I am guessing we will eventually find out, but probably not now, and likely after a month or two of the next president.

Of Course. :D

I'm glad I was not a buyer today and my prediction was wrong today. I want to get in on the low end of the trading range. That will come. Stock's did break there intra day High Today. That's Bullish...

:)

Poolman,

I'm relatively young and don't have much patience. I'm sure you already know that. So, I will try to learn from you.

As for today, like I said this morning, it smells of intervention. The mission was accomplished and it is what it is, a higher low and a possible inverted H/S.

But on the hand, this reminds me of what happened at the begining of Nov. We all know what happened afterwards.

Tomorrow we get a hint of the (UN)Employment numbers via the ADP.
 
Poolman,

I'm relatively young and don't have much patience. I'm sure you already know that. So, I will try to learn from you.

As for today, like I said this morning, it smells of intervention. The mission was accomplished and it is what it is, a higher low and a possible inverted H/S.

But on the hand, this reminds me of what happened at the begining of Nov. We all know what happened afterwards.

Tomorrow we get a hint of the (UN)Employment numbers via the ADP.


Thanks 350Z,

We will make money this Month...

It is December, and I don't feel it at all.

Christmas, OMG, No Way....:)
 
Thanks 350Z,

We will make money this Month...

It is December, and I don't feel it at all.

Christmas, OMG, No Way....:)

I'm with you.

Thinking ahead, look at what day Christmas falls on. It's Thursday just like Thanksgiving. Could that be when we get our Christmas rally?
 
If any of you see my mudpuppy before I do please wish him a Jolly Kwanzaa - TIA.

Hmmm...I'm not the sharpest tool in the shed, but that statement sounds a little racist.

If that was your intent, then my respect for you has gone negative. It was at zero prior to that post.:laugh:
 
Not a racist comment at all - many good folks in this country prefer to celebrate Kwanzaa for seven days after the holiday season. It was initiated in 1965 and has become very popular. I'll send you a card.
 
I think I have it; mudpuppies (genus Necturus) must remain underwater to breath, like birch's TSP return (-40%, never a percentage point out of equities)
 
Poolman,

I'm relatively young and don't have much patience. I'm sure you already know that. So, I will try to learn from you.

As for today, like I said this morning, it smells of intervention. The mission was accomplished and it is what it is, a higher low and a possible inverted H/S.

But on the hand, this reminds me of what happened at the begining of Nov. We all know what happened afterwards.

Tomorrow we get a hint of the (UN)Employment numbers via the ADP.
I think that we all know that the BOYS are manipulating the market encluding the price of Oil, if not them it's the PPT or both. But this can be played just like a Bull or Bear market, you just have to know it's happening. What happened today at the end of the day, why? :sick:
 
I think I have it; mudpuppies (genus Necturus) must remain underwater to breath, like birch's TSP return (-40%, never a percentage point out of equities)

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863 held so far, but the PPT is strong today. Topping candles are being ignored. The bulls need to closed the day above 863 IMO.
 
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