Market Talk

[vectorman]

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cowboy wrote:

The Technician wrote:

Is it time for the song "Slip sliding away...." Cowboy???

I think the BULLhas something slip sliding away right now......:l

Birch...are you suggesting to start a world conflict to manipulate the market???


:dude:

I guess it all depends on how you look at the big picture!....... I just played the range and if it does not hold than will change tactics as I always do. I am thinking that if C & S hold today. They may be uptomorrow! If not I will just get bucked off wipe off the dust and gofora re-ride!:^

The big picture. Look at the DJIA from about middle of 1999 to middle of 2001. Compare it to first part of 2004 to now. The DJIA is struggling, and now with the higher energy cost, the upper resistence has increased. I'm still learning, and I know history may not be repeated, but it looks like at some point the 10,000 may get retested. To add, what I have learned is its hard to catch a falling knife and to judge where the true bottom is.

 

[robo]

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Comments from a Tech:

Thursday 9/22/05 Morning Comment

Today is the third day in a row of major disruptions. Today is was Ameritrade who suddenly developed computer problems which have not yet been fixed. If you try to day-trade on days like this, it can be a real mess!

The market sold off early this morning, especially the QQQQ which seemed to experience a small climactic thrust followed by a good rally. The SPX action was basically the same if not quite as dramatic.It looks as if at least a temporary low has been made and now the market is waiting to find out what kind of damage Rita will cause.

Reliable analysis cannot be made until the storm has passed.

The profit taking could bethe uncertainty factor of Rita and the effect on gas prices....:X

 

[teknobucks]

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cowboy wrote:

The Technician wrote:

Is it time for the song "Slip sliding away...." Cowboy???

I think the BULLhas something slip sliding away right now......:l

Birch...are you suggesting to start a world conflict to manipulate the market???


:dude:

I guess it all depends on how you look at the big picture! It is gloom and doom in the economics of this thing, but disasters also causes a large influctation of money. I wouldn't say the bull is slip sliding away. Yet! It takes time for a market to digest things sometimes and I think the last 3 days of down is just investorsthat are short term figuring in oil prices surging! Actually I think the market is in a range mode as usual during the summer months as always and has been since the beginning of August. I just played the range and if it does not hold than will change tactics as I always do. I am thinking that if C & S hold today. They may be uptomorrow! If not I will just get bucked off wipe off the dust and gofora re-ride!:^

ride um cowboy....like ur style!!

unfortunately i was thrown prior to the bell

 

[learning]

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I hope that the market will turn up as November comes around. This is why I have increased future contrabutions to the S fund. I have also increased the "I" fund. (Thanks Shara, the I fund has helped me.) Now, if sells are not good for Halloween then I will not move money in For the Santa Rally until I see some movement in the right direction. If ithe sells arehigh again this year then I will put in sooner. So I have bet that the market will go down float up and down some, for now. (side movement with some falls and I will buy in low and ride when it goes up. If I am wrong it is not much money. True, if I am right it is not much money.) :? However, I am having some fun. Don't bet what you can not afford to lose. :^

 

[pyriel]

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I was watching the market this morning (nightime in your area) and the commentator said that the stox were going down until they downgraded Rita to cat4 and gas starts to come down. He said that many people (smart money?) were shorting the market and when they saw that it started to go up, they then unloaded their share and took their profit which contributed to the market going up today.

Does this mean that we are now in the upswing? How is this relevant to our understanding of how the market moves? I'm lost...

 

[Spaf]

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The Kingdom of TSP

Daily Edition

Market News, Doodles, Tea Leaves & Yak Date: Sept. 22, Closing


Market News.

Kingdom Talk:.Storm down (4), lube down, stox up!


Doodles and Tea Leaves - Daily.

Doodles:
S&P 500 (Index)
Closed at.............1214.62, up +4.42
CMF (money flow) at..0.006, up
RSI (strength) at......43.8, up
MACD (trend)....bearish
S-STO (signal)...bearish
P-SAR (signal)...bearish
ROC (change)....bearish

Light Crude (NYM)
Closed at......66.50, dn -0.30

Tea Leaves:..............Red.


Yak.

Remarks:.....Holding 100/0
S&P Stops:...Alert: NA, Trail: NA
Oil Markers:.<64= ok, 64-69= worry, >69= panic.

 

[ou81200]

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pyriel---

Shorting stocks is very risky stuff. This could indeed be the case for the upswing in late afternoon trading. I will still be cautious about jumping in just yet. If I see a couple upswing days, I may consider it. But we are currently in the worst two weeks of the market for the year if you look at history. I'm currently playing the F fund for this time frame. I figure if I can get more than two cents before the end of the month, I will do better than the G fund.

Good luck out there.

 

[teknobucks]

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perhaps houston will miss out ..................post off wright wx:

Houston/Galveston are NOT out of the woods yet, more of a common sense post

[font="verdana, arial, helvetica,"]While one cannot deny that this is not going to the central TX coast, it is premature to call off the dogs for Houston and Galveston.

The models have obviously shifted to the right and that has to be respected, but UNTIL this makes the second turn more north then the two cities are still in the crosshairs. The turn is very likely but when and where are critical. Also if we see any quasi-sustained "wobble" west that could nudge the landfall west.

I am concerned that some of the guidance might have shifted a little too far east and now may edge back to the west. I noticed that Don Sutherland made this point as well.

At this point one could make a good meteorlogical argument for a TX/LA border area landfall and that COULD happen, but let's still keep an open mind. I have had Freeport all along and if I were to update now, I'd likely shift up the coast some but probably not as far as the rightward models...yet.[/font]

**********************************************************************

look who's helping......... Venezuelan President Hugo Chavez Frias ships 1,000,000 barrels of petroleum to the United States
[url]http://www.vheadline.com/readnews.asp?id=46084[/url]

 

[Spaf]

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pyriel wrote:

I was watching the market this morning (nightime in your area) and the commentator said that the stox were going down until they downgraded Rita to cat4 and gas starts to come down. He said that many people (smart money?) were shorting the market and when they saw that it started to go up, they then unloaded their share and took their profit which contributed to the market going up today.

Does this mean that we are now in the upswing? How is this relevant to our understanding of how the market moves? I'm lost...

Just the facts: 2005 has been a choppy year! [Equities vs Securities]

On Dec. 31, 2004 the C fund was at 12.91, yesterday it closed at 13.11.
On Dec. 31, 2004 the G fund was at 10.68, yesterday it closed at 11.02.

My congratulations to Tekno, he made some good moves!

Rgds Spaf

 

[Rolo]

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Spaf wrote:

My congratulations to Tekno, he made some good moves!

tekno is da shizznit!

tekno is also getting me off my butt...if I don't manage to squeeze more returns outta my TSP, Ima just gonna pack it up and follow him as young grasshoppa...

 

[Greg]

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The dollar index is at a new high at 88.81

 

[Spaf]

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Hey Rolo!

We need to get Tekno to glue his account talk page to the top. The market has been barely squeeking out gains that have basically trailed the G-fund.

Then here comes Tekno raking in 10% -12% gains, and we still got another quarter to go!

Teckno can read the fundamentals.

His performance is the best so far!

Rgds Spaf

 

[teknobucks]

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chum on guys....i've been lucky thats all.

hell after this week i need to spend a few daze in a decompression chamber....LOL



levees just gave way folks..... http://news.yahoo.com/fc/us/hurricane_katrina

 

[teknobucks]

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off traders talk.......fellow makes a good point!

The rally is coming...the rally is coming.

Most everyone in the position poll is set for it. Posts all over the place this morning. Bears again in the minority in that poll. When saw big the big boys load up on in the money QQQQ puts at the 40 strike, it was curtains for QQQQ 40. Now we see by the open interest this morning that they have loaded up on in the money puts at the 39 strike in a HUGE manner. I mean HUGE! Looks like they took profits at the 40 and rolled down to the 39 strike. Looks like they want to take this thing down one point at a time. Any rally looks to be contained.


*************************************************************************
as does this joke from other day..........

Tommorrow's Headine Today:


Market Rallies As One-Third of U.S. Falls Into Ocean

Today the Dow was up 850 points, after the "big one" hit California. The Magnitude 12 earthquake sent the entire west coast into the ocean, but the market rallied after being down as much as 150 points in early trading.

An anylst from the firm Bendum, Over, and Howe, stated: "Initially, the market reacted emotionally with the death of 35 million Americans and the destruction of seven western states, but once cooler heads prevailed it was a clear buying opportunity."

The rally was fuled largely by homebuilders who saw opportunity in constructing new "beach front" in Utah and Arizona where previously it was nothing but desert. Movie studio stocks failed to recover fully, however, and remained down 8% on the day.

 

[teknobucks]

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our "friends" in china just trying to help us.must of felt thehurricaneswere not enough....ya know ole Jim Trafficant was prolly on to sumthing re: these ########

http://tinyurl.com/a3a3s

 

[teknobucks]

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FREE!!! again:dude:

Frank Barbera, the gifted hedge fund manager, former KWHY-TV technical analyst and founding member of Gold & Silver Index (XAU), has accepted our invitation to join us in our chatroom on Thursday, September 29th, right after the close. Frank will address the current state of the Equity, Oil and Precious Metals Markets before taking questions from the participants.

Click here to register for this important event

 

[Rolo]

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teknobucks wrote:

The rally is coming...the rally is coming.

ROFL!



Are you gonna chat w/Frank on XAU?

 

[Wheels]

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Greg wrote:

The dollar index is at a new high at 88.81

Do you mean for the week?

Dave

 

[Greg]

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Wheels wrote:

Greg wrote:

The dollar index is at a new high at 88.81

Do you mean for the week?

Dave

Well at the time, 88.81 was high for the week and for the month of September.
Now it's at89.31; it has not been that high since sometime in July.

 

[Wheels]

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Greg wrote:

Wheels wrote:

Greg wrote:

The dollar index is at a new high at 88.81

Do you mean for the week?

Dave

Well at the time, 88.81 was high for the week and for the month of September.
Now it's at89.31; it has not been that high since sometime in July.

Gotcha. I thought you meant all time which is why it confused me. It should meet a fair amount of resistance at 90.5 or so. If it gets that high I may jump into the I fund.

Dave