nikoschopen
2,824 posts
msg #62168
- Ignore nikoschopen |
5/5/2008 3:06:07 PM
This has got to be the lamest market following the inverted head & shoulders breakout. Where's the beef?!
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johnpaulca
12,036 posts
msg #62172
- Ignore johnpaulca |
5/5/2008 4:14:58 PM
The beef is in the buns, severed with a nice cold brew...LOL
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nikoschopen
2,824 posts
msg #62174
- Ignore nikoschopen |
5/5/2008 4:41:51 PM
Well, I guess they added too many slices of cheese because I find the whole drama a little cheesy for my taste. Truth be told, after all this time, I still can't stand the taste of the market.
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nikoschopen
2,824 posts
msg #62223
- Ignore nikoschopen |
5/6/2008 12:30:01 PM
I ain't sure whether this "spike" is news-driven or merely a technical bounce, but I'm short from 1415 with tight stop.
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nikoschopen
2,824 posts
msg #62230
- Ignore nikoschopen |
5/6/2008 1:36:07 PM
There's never a better feeling when the stock comes within a shaving distance from ure stop and reverses and, of course, there's never a worst feeling knowing that you were merely lucky to not get stopped out.
Just my worthless 2-cents as usual.
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nikoschopen
2,824 posts
msg #62243
- Ignore nikoschopen |
5/6/2008 4:30:06 PM
Even with all the hooplas today, S&P futures still only registered an "average" of less than 2 million shares. I'm afraid this market, should it decide to reverse, will be taken down with vengeance similar to the one in January.
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nikoschopen
2,824 posts
msg #62270
- Ignore nikoschopen |
5/7/2008 11:36:12 AM
Alright, I received a buzz from Nostradamus earlier that S&P hit the zenith as of today and it should be hitting the gutter from here on out. Stay tuned, I'll keep you updated. ;^)
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nikoschopen
2,824 posts
msg #62281
- Ignore nikoschopen |
5/7/2008 2:15:53 PM
So, it's okay to rally when the oil traded above 120 yesterday but not 123 today? What a difference one day can make, eh? I guess you can pooh-pooh that to the bank!
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nikoschopen
2,824 posts
msg #62282
- Ignore nikoschopen |
5/7/2008 2:41:02 PM
Quote from nikoschopen:
Even with all the hooplas today, S&P futures still only registered an "average" of less than 2 million shares. I'm afraid this market, should it decide to reverse, will be taken down with vengeance similar to the one in January.
One additional thing that's particularly noticeable is that not only did we sell off last Friday when the payroll number came in "better than feared", but we're again selling off despite the "crappy result that's still better than expected" for the productivity number. This is especially troublesome (or is it?) considering that the bulls completely ignored all the bad numbers for the entire month of April and pushed the market up anyway.
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heypa
283 posts
msg #62285
- Ignore heypa |
5/7/2008 2:53:44 PM
Just like a horse with its bit in its teeth heading for the stables.Come to think of it like my first ride as a kid on a U.S.Army cavalry horse at Camp Dix N.J.back in the middle "30"s.Scary ride then too.
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