Market Talk

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You do realize what happened on the way to 1999?

Yes the fed killed it.

Like the fed will kill it this time.

That is what I meant.

:D
 
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I don't think anyone spotted this / posted about it, but initial claims filed this week for unemployment benefits unexpectedly fell 20k (was reported Thursday).

This could be a sign of another positive payroll report coming down the chute.

Spaf - this is hard to believe, but a bear was cited inmy neck of the woods thisweek - in a metro area of nearly 3 million people, no less (this type of thing only seems to happen in MN!). In fact, it made it near downtown St. Paul before authorities had to shootit.

Something similar happened a couple weeks before that, as well (that one didn't make it to St. Paul, but it did manage to navigate its way into the first ring suburbs before the cops shot it).

I guess the market is even making real bears restless. :l
 
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DMA wrote:
Kudlow is not a show you want to watch.

CNBS is not the network to listen too.

:shock::shock::shock:
Wow, there is only one other person that ever said this... MT... Hmmm.... Sorry Birchtree DMA is not Technician. He can only be............. ?
 
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Mike don't do it!

Tom, I'mgonna change my nic from mlk_man to liqr_man!

mlk_man is good ! I like it !

If U change, what will be UR avatar ?

No one knows what Spaf means! It's a vietnam call sign. If I have to go to my original call sign. U could force an upset !

I like mlk_man !

Rgds! :) Spaf
 
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index.php
 
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DMA wrote:
teknobucks wrote:
better look for a buying opp if not in yet....this market is headed up. ;)

jmho again

tekno

aka permabull....till next week anyway.....LMAO!

C or S you will be OK.....i do favor the big caps for a buy and hold.
Good luck Tekno$s.

Thank you for sticking up for WW.

:DWish ya well and all that jazz.:^
Peace Bro.

tekno
 
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Spaf,

I just knew there was something else about you I liked. Just couldn't put my finger on where that level of integrity was originating from. Now I know. Glad you made it. Best Regards,

Dennis

Teknobucks,

I'm sorry to the point of as you all say-LOL. The BEARS don't believe in hope-only despair. Why give them anything-they will get another day only from a higher level. In the meantime they can all wear a locator collar and treat it as a brace for the neck strain they are going to develope from looking up. We have been correcting since 1/04, it's time for forward motion. Catch'em all in the shelter-at least they will be safe. I just got to get Skypilot to light up the afterburners-I'm strapped in, the faster the ride the more the shorts bleed. Trap'em all-they deserve what they get-no mercy here from the renegade contrarian.
 
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Birchtree wrote:
The BEARS don't believe in hope-only despair.
Birch

Key word "despair".

Birch....if U have read it good! If not take a gander of page 2 and 3 of The Dow Theory. U can skip pages 1 and 4 an read them later, whatever. This reading is at stockcharts.com

Pls do it asap, will need ur input!

Rgds. ;) Spaf
 
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Sigh.....scrolling right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left, right, left.
 
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Show me
Quit ur complaining. Doesn't ur mouse have a scroll button? If u go to the higher resolution the print gets so small u can't it.
Buy the way check out The Dow Theory on Stockcharts.com Now is the time to understand p2 and p3. But, be careful, while Fundamentals and technicals look good, there can always be bull traps on break-outs.
Any way good hunting!
Rgds! :D Spaf
 
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Spaf,

Can you be more specific-why the urgency? Just put it out there. Are you thinking that BEARS don't get depressed, only mean and growl. We actually had a Dow Theory buy signal right around 3/7 before the latest correction. The primary guru would not commit instead continues to hedge-he has been on the wrong side of the curve since the bottom in 10/02. Several other reputable followers of Dow Theory are in 100%.

Dennis
 
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teknobucks wrote:
pssssss: buy the dip:^
from the same articleI posted above:

The bull market that ran from the 1974 low into the 2000 top trained everyone to “buy the dip” and to “hold for the long haul.”

Anyone see WW or Tech???

It appears we are a board of six or seven now.:(

The Magnificent and Disfunction Six.

The Sloppy Seven.
 
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Show-me wrote: You may need a larger monitor.

Sorry you are a scrolling fool.

I hate the scroll down from the top?

Can the Index charts be moved to the bottom?

:DJust asking.
 
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Birchtree wrote:
Spaf,

Can you be more specific-why the urgency? Just put it out there. Are you thinking that BEARS don't get depressed, only mean and growl. We actually had a Dow Theory buy signal right around 3/7 before the latest correction. The primary guru would not commit instead continues to hedge-he has been on the wrong side of the curve since the bottom in 10/02. Several other reputable followers of Dow Theory are in 100%.

Dennis
I am speaking of The Dow Theory at stockcharts.com p2 and p3. This needs to be understood in relation to where we are now. In a Bull stage 1 there is accumulation. Then a transfer to stage 2. However, stage 2 needs a confirmation of surpassing the previous peak. If 1193 was the correct peak. We are at that point right now. If the market is ready to break-out up...then great! Bull traps exist, and we should be aware of them. That's when the break-out turns sour. I will start a new Market Talk for the new week. Just wanted to give folks a heads-up on the facts and potential. Don't have a crystal ball. We could be out of this trading range, I say could be, don't have a certainity!

Rgds :) Spaf
 
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We will see how next week goes... Last week was helped with the options expiring... But the ease of movement was nice..
Will hold long until it moves to the down side...
Something to look at is the cup pattern forming in the sp500 ! From the 1st part of april to friday was a perfect cup..
Now look for a pull back to make the handle. And shake out the weak hands. When the sp500 gets back to fridays close and breaks it that will be the time to be fully in... If it fails to breakout then be a bear..
Skip
 
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DMA wrote:
Anyone see WW or Tech???

It appears we are a board of six or seven now.:(

The Magnificent and Disfunction Six. The Sloppy Seven.
DMA

They are probably out enjoying the weekend. Should see them as soon as they find their puter.

Is that going to be our new name? Got us pegged do you! :D

PS Sorry to have gotten into ur account page, have Tom delete it!Rgds Spaf
 
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