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350zCommtech's Account Talk
- Thread starter 350zCommTech
- Start date
350zCommTech
Well-known member
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
Well-known member
Yeah, with today's CPI, he'll probably say "There is no inflation! 110 oil is good for my friends!"
...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, 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)
weatherweenie
Well-known member
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.
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.
350zCommTech
Well-known member
Gumby
Active member
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
350zCommTech
Well-known member
All the rumors were right. They are BK!
Huge day in the F fund. And I'm in G. F@##%$#@%@#%#%%$!
poolman
Top Return 2008
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
Well-known member
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
Well-known member
Ben, Bush, Hank, and the rest of the government, this is what happens when you try to support the markets.
350zCommTech
Well-known member
Good luck with that. They might go to ZER0!!!!!
