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Hey ya'll I got another one on my bear side......;)

You better watch out, you better not cry, for I'm telling you............:shock:

Bear today, gone tomorrow.....ah hahahahahaha:l

I must feel good because I feel the market is making its directional moves.....still don't know which way though.....watch out 1120....!:U

:dude:
 
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Thank you tekno - hard to keep tract of you but always a gentleman -
businessman_late_md_clr.gif
WW.gif
 
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Hey Teknobucks,

Do you think DMA has you confused with the renegade contrarian? Perhaps there are two of us on every board. I put my money where my mouth is, and I know I made money today. I wonder if DMA and the Technician made any. I don't mind being defined as a permabull at this point because there are so few of us. But that is the way history works-when everyone eventually throwes in the white towel and joins the ranks-that is when I begin to ease on out. I've never really liked that much company. As I've said in the past-there is only so much room on the rocket ship.

I will hold 100% C fund until the last short has bled and Greg goes 100% C fund-then I will hang my Tom Dooly and gentley and quietly retreat until all have paid their dues. Then we start all over again-ain't investing grand. I have a number of stockdividends paying tomorrow so I will take the day any way it rolls.

Dennis
 
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Wonder Woman,

The market going back to the 1999 level is a point I made in favor of a new secular bull market starting up. Your ticket has been pre-paid. Get on board and just relax. This is another long cycle we are about to enter and it should be profitable - there but for the participation. Got any pics of the raspberry-such a sweet berry.
 
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US oil inventories hit a six-year high this week.

If you don't think that is having something to do with oil prices, then I don't know what more to say. :shock:

I think I read on this or another thread that someone (technician most likely) said the S&P was bouncing back off its resistance of 1190. Well, the index pushed right through that in the last hour of trading...

There's bound to be a pullback soon - four straight up-days doesn't happen often, particularly in this market environment.
 
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Mike wrote:
US oil inventories hit a six-year high this week.

If you don't think that is having something to do with oil prices, then I don't know what more to say. :shock:

I think I read on this or another thread that someone (technician most likely) said the S&P was bouncing back off its resistance of 1190. Well, the index pushed right through that in the last hour of trading...

There's bound to be a pullback soon - four straight up-days doesn't happen often, particularly in this market environment.
Click to expand...

OPECdoes not overproduce because the kindness of their little hearts.

Demand is down because of a global slowdown.

OPEC overshoot and you can expect them to protect 50 clams.
 
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The Market

The market has two major elements: Fundamentals and Technicals. Fundamentals are the economy, the GM, Ford, Home Depot,The Fed., Energy, Inflation, Sentment, and everything that makes the Basics. Techinicals are the over bought, oversold, strength, moving averages, and etc., everything that makes the charts. Based on the mix of these elements we have primary movements (bearish or bullish). We also have periods of mixed elements when the market is range bound.

Well, we are range bound, however due to improved fundamentals the market has been advancing upward in the range. Will it break up, or break down? This depends on the fundamentals. Right now there is a lot of money being invested and some of the sentiment is turning positive, (as reported today). I say this because the market is still very sensitive (or skiddish).

Right now it is sort of like Tsptalk has said "buy the rumor and sell the news." by the time that the media says there is a bull market, it will be time to sell!

Rgds, and be careful! :) Spaf
 
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Trading range on the DOW and 500 goes back to late 1998.

Nasdaq still down large.

Trading range is a little easy on this last 7 years.

Anyone that put money into Vanguard 500 7 years ago is still down roughly 21%.

:(:(
 
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Birchtree wrote:
Wonder Woman, Got any pics of the raspberry-such a sweet berry.
Click to expand...
I found a bear eating raspberries. Hope that doesn't spoil anything.
bear_eating_berries_lg_clr_32173.gif
 
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The Technician wrote:
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..... :dude:
Click to expand...
Technician, As I told Birchtree - go easy on the rumors. Before you know someone will take offense and I'll end up in trouble again!And I know you don't want that fate for me. I get nervous these days.
businessmen_sharing_inside_information.gif
But I do appreciate your comments though.
WW.gif
 
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I am not smitten.

I have a mortage.

That is all the ball and chain I need right now.

:DWW is a wonderful lady. That is what the first W means.

I like that she lets her feelings and thoughts out there.

Nice. And back her in a corner and she comes out fighting.

Not to sure how the I am in love thing started thou. :(

I kind of feelings for Tech. Is that wrong? :shock::)

Just kidding.
 
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OPEC's publically stated quota is highly inaccurate and understated. The actual amount of oil pumped by member countries has exceeded their quota by at least 1 million barrels / day for quite some time now.

In other words, greed is working on our behalf on this issue - since cutting production in this high price environment will cost the country that does it an awful lot of money.

In any event, we're most likely looking at $45-$55 oil no matter what OPEC does - unless the global economy hits the skids and kills demand.
 
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