Market Talk

[The_Technician]

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I'm afraid that the current economy fizzed out......commodities are just skyhigh....its a wonder we lasted this long.....

Looking forward to the slide just so we can go ahead and get it over......figured we would be below 1000 on S&P by Feb 2006.....could be below 900 if some certain goods pricing hogsdon't see it is prudent to lower profits....

The more profits for companies means.....they are asking too much especially in a low wage environment......

I know personally that my wage increasesfor the last several years never reached my pocket.....the insurance industry took it all....convienient to useemployees raisesas an income/profit base.....so what do I do??? Spend less......:shock:

Our politicians really need to look at all the excess spending (profits for the contractors)...of course you're trying watch the hen house with wolves.....bad combo...I guess its going to take us all going broke and then maybe just maybe we might invent a check and balance system for protecting the average citizen...I suggest a set tax percentage of the taxpayer and the govt can operate from there.....with certain percentages of the revenue allocated to certain operations of the govt......that should take care of alot of CRA@!@#$ coming out of Congress...:^

Until we demand the politicians to answer to us then we're going to pay for it.....and there are alot of restrictions we should be putting on politicians for that matter....like no pensions, few years of service....average pay of the taxpayer....and so forth....we could actually build a govt that works...!!!:^

:dude:

 

[Guest]

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We lasted this long on cheap credit.

Cheap credit going away.

 

[The_Technician]

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"Although we do not believe that this move in the index is indicative of near-term recession, it does not look pretty," he said.

http://story.news.yahoo.com/s/afp/20050519/bs_afp/useconomy_050519174315

More on that one there.........uhhhhhhh........hic.......uhhhhhhhh!:?

Gotta stop tilting that bottle thata way...........uhhhhhhhh......:^

:dude:

 

[Guest]

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[The_Technician]

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Whewwwwww!!!!....I'm back.....ohhhhh myyy bladder feels better..........

U know I was looking down so far.....uhhhh the other day......I think I got dizzzzy.....hic.......my head was spinning..........umphmph........!o

Where's that btoole.....see I can't even spell it correctly much less.......see the bottom clearly.......hic......:*

Uhhhhhh.....what a day this is......where's that ****where did he go........

uhhhhhhhhh.........ohhhh my......o

Sorry, I don't mean to be vin.....uhhhh.....vindictive today..........uhhhh!:#

Maybe tomorrrrow I'll be ko.....uhhhh I mean OK.........whewwww!!!:^

:dude:

 

[Spaf]

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The Kingdom of TSP

Daily

Market News, Doodles, Tea Leaves & Yak Date May19 Closing


Market News.

News:Krude was hopeful this morning that lawyer Slick could get him off on a technicality. This PM local JP say no soap, he and his cousin Enflate are going to trial for disturbing the peace and trampling crops. Krude's hopes dashed down $0.33 to 46.92. Some rumers, but no sightings of otherHorsemen today.

Elsewhere:Market buyers were more positive about shopping. Some of the worry was subsiding.


Doodles and Tea Leaves.

Doodles:
S&P 500 (Index)
Closing at1191.08, up again +5.52
CMF (money flow) at0.222, slightly falling.

$BPSPX (breadth)
RSI (strength) at42.3, inmidrange.
MACD (trend) at -2.33, rising, bullish.

Tea Leaves: Green with caution: market in trading range.


Yak.

Remarks: Holding 0/100 (50C, 50S).
Bullish strength and sentiment seem to be improving.

 

[Guest]

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Crude going down now is not a good thing at this point of the economic cycle.

It means economic slowday. A tad early for a true recovery.

Recession here we come. :shock:

Just look at the 10 year yield. :shock::shock:

 

[teknobucks]

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DMA wrote:

Crude going down now is not a good thing at this point of the economic cycle.

It means economic slowday. A tad early for a true recovery.

Recession here we come. :shock:

Just look at the 10 year yield. :shock::shock:

#1) lower crude is good 4 the economy

#2)2 early 4 recovery? ...HUH??

really think we melt up from here....WEEEEEEEEEEEEEEEEEEE!

tekno

 

[teknobucks]

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The Technician wrote:

I'm afraid that the current economy fizzed out......commodities are just skyhigh....its a wonder we lasted this long.....

Looking forward to the slide just so we can go ahead and get it over......figured we would be below 1000 on S&P by Feb 2006.....could be below 900 if some certain goods pricing hogsdon't see it is prudent to lower profits....

The more profits for companies means.....they are asking too much especially in a low wage environment......

I know personally that my wage increasesfor the last several years never reached my pocket.....the insurance industry took it all....convienient to useemployees raisesas an income/profit base.....so what do I do??? Spend less......:shock:

Our politicians really need to look at all the excess spending (profits for the contractors)...of course you're trying watch the hen house with wolves.....bad combo...I guess its going to take us all going broke and then maybe just maybe we might invent a check and balance system for protecting the average citizen...I suggest a set tax percentage of the taxpayer and the govt can operate from there.....with certain percentages of the revenue allocated to certain operations of the govt......that should take care of alot of CRA@!@#$ coming out of Congress...:^

Until we demand the politicians to answer to us then we're going to pay for it.....and there are alot of restrictions we should be putting on politicians for that matter....like no pensions, few years of service....average pay of the taxpayer....and so forth....we could actually build a govt that works...!!!:^

:dude:

ahhhh come on it aint that bad!!

just buy some stox and enjoy the "melt up"!

tekno

 

[teknobucks]

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WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!!!!

 

[Guest]

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teknobucks wrote:

#1) lower crude is good 4 the economy

#2)2 early 4 recovery? ...HUH??

really think we melt up from here....WEEEEEEEEEEEEEEEEEEE!

tekno

crude demand is slowing because the economy is slowing.

Did ya read the NY Empire and Phily Report?

Or are you just all knowledgeable and just wing it? :^

I remember your "we are going to rock from here" and the DOW dropped 445 points the next three trading days.

You are like a barameter market goes up you post a lot goes down and it is "where is tekno"???

 

[teknobucks]

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DMA wrote:

You are like a barameter market goes up you post a lot goes down and it is "where is tekno"???

just one day on the board and you figured me out......LMAO

look for a lot of posts....hint hint:^



read this: http://www.imf.org/external/pubs/ft/oil/2000/

 

[Guest]

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teknobucks wrote:

DMA wrote:

teknobucks wrote:

#1) lower crude is good 4 the economy

#2)2 early 4 recovery? ...HUH??

really think we melt up from here....WEEEEEEEEEEEEEEEEEEE!

tekno

crude demand is slowing because the economy is slowing.

Did ya read the NY Empire and Phily Report?

Or are you just all knowledgeable and just wing it? :^

I remember your "we are going to rock from here" and the DOW dropped 445 points the next three trading days.

You are like a barameter market goes up you post a lot goes down and it is "where is tekno"???

read this: http://www.imf.org/external/pubs/ft/oil/2000/

http://www.freerepublic.com/focus/f-news/1393777/posts

Your really think OPEC will let if fall any further???

 

[Birchtree]

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Teknobucks,

The Technician and I were formally introduced this AM. And by all means were are still friends. I can now reassure everyone that he is not Chicken Little. Has anyone been hit on the head from a piece of falling sky yet.

I haven't seen the new Darth Vader movie yet so I will gratiously reserve comment.

I like that graph-why are you publishing it? No one cares to be reminded of what might be on the way, I don't mean sp500 of 1000, but rather sp500 of 1600.

Honestly, he does a good job. We need both sides of the debate-that is what makes a market. Let your money do the talking-make it or break it-or just simply sit on it. No harm is done.

Dennis

 

[Guest]

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Nymex Crude
47.03
.11
.23
19:01

IPE Crude
47.88
.27
.56
05/19

Dated Brent
46.74
.00
.01
19:00

WTI Cushing
47.60
.35
.74
05/19
The contract changes tomorrow to the July contract.

Happens each options expiration.

Watch what crude does on Monday?

Oh we don't know why crude is up 2% today. Caught the market by surprise.

 

[Guest]

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Birchtree wrote:

Teknobucks,

The Technician and I were formally introduced this AM. And by all means were are still friends. I can now reassure everyone that he is not Chicken Little. Has anyone been hit on the head from a piece of falling sky yet.

I haven't seen the new Darth Vader movie yet so I will gratiously reserve comment.

I like that graph-why are you publishing it? No one cares to be reminded of what might be on the way, I don't mean sp500 of 1000, but rather sp500 of 1600.

Honestly, he does a good job. We need both sides of the debate-that is what makes a market. Let your money do the talking-make it or break it-or just simply sit on it. No harm is done.

Dennis

THIS THING IS GOING ROCK!!!!!!!!!

AHHHHHHHHHHHHHHHHHHHHHH.

 

[Guest]

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teknobucks wrote:

DMA wrote:

You are like a barameter market goes up you post a lot goes down and it is "where is tekno"???

just one day on the board and you figured me out......LMAO

look for a lot of posts....hint hint:^



read this: http://www.imf.org/external/pubs/ft/oil/2000/

Been reading here for some time.

Your this is going to rock stuck in my mind....when the Administrator said where is techkno and the markets were down hard Now they have a little bounce you are a posting like a know it all.

There are one like you on every board.

I tend to use them as a contra barameter, I.E.

Run, run, run - the other way.

 

[Guest]

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teknobucks wrote:

just buy some stox and enjoy the "melt up"!

tekno

Lets see if I am wrong.

tommorrow will be a down day.

Like gold you are. In the words of Yoda.

 

[The_Technician]

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Hey DMA ...you know I was just playing fun early on .....actually glad to see someone new........hope you marry that girl (WW)....she sure likes ya.....

So have at it.....and have some fun.....even Birch is a barrel of laughs sometime....

We all going somewhere.....we just not sure yet.....but today, I thought we all had some fun....:^

Right now, I'm going to eatdinner....and I'll be watching the action for the next couple of days.....in peace....

:dude:

 

[Guest]

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I am going to tone it down and play nice.

WW has a lot of spunk. I like that. And great graphics.

Different opionions. Just be careful of the permabulls.

Stop and think the DOW is at1999 levels.

The NASDAQ is still down 71%

Do not get excited and rush into stocks.

You will get burned again and again and the permabull will be the one carrying you into the fire with their horns.

12 of the last 17 options expiration in May have been down. I just play the averages. 71% down :shock:. Do not like those odds.

Thanks againTech. Glad you are off the drunk thing.