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Very nice bounce today. We may take the elevator up to the 1085 S&P level on this move. But, I agree with everyone else the long term move is...
Jeezums! Futures look quite horrific. If the 1040 S&P level fails we will be at 950 by the end the week.
Very bearish day today. I think we put in a near-term top at 1079 S&P. I think the next stop on the elevator to the ground floor is ~1038 (1040...
I see us going to 1107 S&P in the next day or so (Mon and/or Tues). Then the next level will be 1124 S&P (maybe Weds). Ultimately, I see us...
I think the bottom will be 956 on the S&P. This is what we get for this free money, engineered rally. These are just our chickens coming home to...
Hey probably got a lot more than that!! LOL!! http://www.cnbc.com/id/33026691
Great read and video Mango. Man this market is on fire. Looks like it's going to S&P 1100. Wonder if my dollar wil be worth anything by then?
Good reading material on the prospect of both inflation & deflation at the same time: http://news.goldseek.com/GoldSeek/1190991990.php
Yeah Mango, I would'nt be long right now even with Ron Artest's money. As, a result I'm down quite a bit right now on my S&P puts (Oct & Nov...
I don't know about you guys, but since our glorius rise from the ashes in March our dollars has since plummeted around 13.88%. Instead of 30%...
Oh, I'm sorry while I was typing Euro/USD = 1.4462!
That's because the dollar looks like it's toast. Euro/USD = 1.4433. Thats the only reason futures are up!!
I agree with ya Cxbby! It will be a Massacre on the order of 180-270 S&P points south from Tuesday all the way until Wednesday of the week after....
Is everyone ready for the after Labor Day tank? Is fitting how China increased thier limit on how much foreigners can invest in their country....
Excellent article by Mr. Practical: http://www.minyanville.com/articles/minyanville-moneydebt-Fed-inflation/index/a/24267
This market action is crazy! Can somebody please explain to me why the market is still up when the damn $ is up by about 0.66% as I type? Also,...
Mango, that .pdf is a great read!! Spot on with your morning post.
I didn't do an analysis of this chart until this afternoon. But, the Hang Seng as issued a two-day MAJOR sell signal last night during their...
Hey guys. Don't know what to make of this market action today. Didn't expect the dollar to drop like it did or I would've cashed out on the dip...
Art my man. You are making my point. If you read my previous post on 8-14-2008 @ 8:17 a.m. check out my FAZ opinion. I said the rally in the...