350zCommtech's Account Talk

[Hardcorps]

I think i saw that Bush is to speak about economy at 11:00.If you are all in good luck.

 

[350zCommTech]

Also, I do believe the markets are being manipulated higher here, it could be a head-fake. Perhaps just a setup - just suggesting to be careful here! Think, who is really being setup to benefit??
VR

Yes, they are trying to make a double bottom. Next Thursday is OPEX, they will try to make all those puts expire worthless. I can see the S&P getting to the 50dma sometime next week.

 

[350zCommTech]

I think i saw that Bush is to speak about economy at 11:00.If you are all in good luck.

Yeah, with today's CPI, he'll probably say "There is no inflation! 110 oil is good for my friends!"

 

[coach222]

...sarcasm...

but, since we're there...

why would the markets crash without a cut? Everything is A-OK!!! Inlfation is "low", banks are done with writedowns...Full steam ahead, buy, buy, buy...no need for a cut

...end sarcasm...

I am curious why my food and gas buget increased 56% over the last 6 months if inflation is "so low" No new family members and driving the same (well maintained) cars about the same distances...

 

[offtrack]

Feeling cocky? BSC might hit 45 or even 40 time to buy?

just broke 45

 

[presskh]

...sarcasm...

but, since we're there...

why would the markets crash without a cut? Everything is A-OK!!! Inlfation is "low", banks are done with writedowns...Full steam ahead, buy, buy, buy...no need for a cut

...end sarcasm...

I am curious why my food and gas buget increased 56% over the last 6 months if inflation is "so low" No new family members and driving the same (well maintained) cars about the same distances...

But remember, the "core" inflation is still pretty low - don't buy food or gas and you will make out just fine! (more sarcasm)

 

[poolman]

What a turnaround today already. God...

Unbelievable.

 

[weatherweenie]

from cnbc:
It's been a wild ride already, and the market just opened. Futures had been pointing lower, then bounded higher after a CPI report, which has been described as "bizarre" and even "absurd," showed no inflation last month. Futures rocketed still higher right after the Bear Stearns loan news emerged. When the market opened, stocks initially jumped then pulled back as investors digested the Bear news.

 

[poolman]

Bear Stearns down hard right now.

 

[offtrack]

Just broke below 40

 

[350zCommTech]

Just broke below 40

-40%

RTFLMAO!!!!!!!!:laugh::laugh:

 

[offtrack]

bounced off of 35.58 Probably the buy of the day between 35 and 40.

unless they are bankrupt


ouch broke through 35

and 30

 

[poolman]

DJIA falling like a rock

 

[Gumby]

Yeah, with today's CPI, he'll probably say "There is no inflation! 110 oil is good for my friends!"

What is good for my friends is good for me....???? LOL

 

[offtrack]

Today could be the beginniing of capitulation

 

[350zCommTech]

bounced off of 35.58 Probably the buy of the day between 35 and 40.

unless they are bankrupt


ouch broke through 35

and 30

All the rumors were right. They are BK!

Huge day in the F fund. And I'm in G. F@##%$#@%@#%#%%$!

 

[poolman]

All the rumors were right. They are BK!

Huge day in the F fund. And I'm in G. F@##%$#@%@#%#%%$!

It sucks.. Financial's are getting crushed in general. Bear Stearn's below 30/share. :laugh:

 

[weatherweenie]

Huge day in the F fund. And I'm in G. F@##%$#@%@#%#%%$!

At this point, I'm happy to be in the G fund and not in C, S or I!

 

[350zCommTech]

from cnbc:
It's been a wild ride already, and the market just opened. Futures had been pointing lower, then bounded higher after a CPI report, which has been described as "bizarre" and even "absurd," showed no inflation last month. Futures rocketed still higher right after the Bear Stearns loan news emerged. When the market opened, stocks initially jumped then pulled back as investors digested the Bear news.

Ben, Bush, Hank, and the rest of the government, this is what happens when you try to support the markets.

 

[350zCommTech]

Feeling cocky? BSC might hit 45 or even 40 time to buy?

just broke 45

Good luck with that. They might go to ZER0!!!!!