nnuut's Account Talk

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Just a day out of sync, that's all. A day late here, a day early here, easy to get out of sync, but hard to get back in sync with the Markets. This thing appeared a sure thing to go down today, then ------ you know what happened!:suspicious: Still has to break that 200 DMA, a hard nnuut to crack. Until it does we get some give it back, get some, give it back, it will go one way or the other. I think the FED will start the Santa rally!:D
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FogSailing said:
We break 1490 tomorrow Nnut...Can't you feel it...it's sort of like having Elvis in the building..:D:D:D

FS
Click to expand...

Man I hope your right. All the stars are aligning. I just posted the day before yesterday in my thread that I think we are in a tight channel between 1430-1490SP until early next year. Then all of a sudden, a crap storm of good news finally reigns down on us. I'd love to be wrong here and I'm betting 100% tomorrow that I was. :D 60I30S10C.
 
I'm back in myself after that head fake tripped me up. Don't know about tomorrow, but the dollar is on the rise and the BOE could cut rates Thursday which (I think?) would further straighten the dollar.


Interest rate call on knife edge

_44226786_boe_nov07_203x186gr_01.gif

The Bank of England's interest rate decision is too close to call, analysts have said.
Many analysts are predicting that rates will remain at 5.75% because of concerns about the inflation rate.
However, a growing number, including Barclays, are now betting on a rate cut because economic conditions have deteriorated over the past few weeks. The Bank has raised interest rates five times since the middle of last year, but left rates on hold since July. It will announce its decision at midday on Thursday, after a two-day meeting of the Monetary Policy Committee. [more]
http://news.bbc.co.uk/2/hi/business/7129000.stm

What effect would this have on the FED rate cut likelyhood?
Going to be a very interesting day! Oil is up on inventories drop and OPEC not raising output, but if the dollar goes up, Oil and Gold should drop! Then there is the initial claims data at 08:30, predictions are a rise above last months data~~~~~MAN-O-MAN? The S&P 1492 has held numerous strikes, it can't hold forever. it will either send it to the bottom or it will break through and send it up about to the 1540 or so eventually. :cool:
 
My understanding is tomorrow Paulson and the politicos talk about freezing the interest rates for subprime mortgages...you can bet they don't want to be selling ...NO HELP FOR YOU...

The Fed's rate cut is still moving ahead...all sorts of speculation on how much..

The market is loving it...IMO ..we're moving up for the next few days..

After the rate cut, we'll need to reevaluate the technicals again..

As our ole buddy Elivs says...Thank You Very Much

FS
 
Still 25% "C", 45% "S", 30% "I"
S&P broke through the 1490, just hope it holds and continues up!! I'll feel better when it passes 1493.:D
 
Go baby Go...I hope it gets to 1505 (I don't want to dissapoint Birch)...but these foreclosures are putting a bit of a drag on the early afternoon..come on Prez...

And where's Elvis..

FS
 
FogSailing said:
Go baby Go...I hope it gets to 1505 (I don't want to dissapoint Birch)...but these foreclosures are putting a bit of a drag on the early afternoon..come on Prez...
And where's Elvis..
FS
Click to expand...
Hey Fog, Nnuut,
Kickin' butt now! (2:22pm). I went to G this morning w/ my measly 24%CSI (big deal), at ~10:00 hoping to grab some profit -figuring today would be good, and kinda expecting maybe some pulback tomorrow/Mon - for Tuesday (just IMHO). I may be right back in tomorrow/Mon.
Here's Elvis, for Birch, and all (maybe most appropriate for this & next week).
http://www.lovefilm.com/product/detail.html?product_id=24838&auto_show_trailer=1&show_trailer=1
 
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Heck, this is almost as good as a SOONERS Victory!!!!

Hope everyone is having a most excellent day!!!

And Elvis...thank you very much :D:D:D

FS
 
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