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Originally posted by stander
The pre-market mood is somewhat subdued and it can turn quite negative depending on what the HMI spits out. House building sparks a broad variety of economic activity.
Aah, the subprime way to prosperity was sooo good -- but it didn't last that long though.
HMI is a good excuse to sell, no matter what the figure would say. So the early hours of Monday trading would send the Dow down the volcano until the "unrealistic" lows would be bought back, then cleaned and groomed for the future profit taking. But there is also a chance that the recovery would take place on Tuesday. The best way to find out is to intently stare at irishchick's avatar for two minutes. Then, if she appears to slide down the pole, then the recovery will take place on Tuesday.
Originally posted by RetinoidReceptor
Originally posted by stander
The pre-market mood is somewhat subdued and it can turn quite negative depending on what the HMI spits out. House building sparks a broad variety of economic activity.
Aah, the subprime way to prosperity was sooo good -- but it didn't last that long though.
HMI is a good excuse to sell, no matter what the figure would say. So the early hours of Monday trading would send the Dow down the volcano until the "unrealistic" lows would be bought back, then cleaned and groomed for the future profit taking. But there is also a chance that the recovery would take place on Tuesday. The best way to find out is to intently stare at irishchick's avatar for two minutes. Then, if she appears to slide down the pole, then the recovery will take place on Tuesday.
HMI is being reported on Tuesday I think. Lowes reports tomorrow though and Home Depot on Tuesday so that will be interesting for the markets.
Originally posted by stander
reply to post by Hx3_1963
No longer true. Scanty pre-market climbed into a cautiously positive territory. Monday may end up feeding the pig to be ready for Tuesday slaughter.
www.kramarczuk.com...
Originally posted by GreenBicMan
11:38 EST
A lot of weird negative arbitrage going on right now in futures..
just thought i would throw that out there as a reference if a move happens
Originally posted by RetinoidReceptor
Originally posted by stander
reply to post by Hx3_1963
No longer true. Scanty pre-market climbed into a cautiously positive territory. Monday may end up feeding the pig to be ready for Tuesday slaughter.
www.kramarczuk.com...
Why are you so sure Tuesday will be a slaughter?
Originally posted by GreenBicMan
I believe the correct term is
PPT
But I really think its BM (Big Money)
Originally posted by GreenBicMan
reply to post by RetinoidReceptor
So, I would assume idiots are the biggest money makers of the day as financials are leading the way?
Remember, dont let your ego get in front of the market.. I think you are thinking "too big picture"..
If there wasnt strength in the market I dont believe we would see SP over 900 and holding ..
But like I said, I wouldnt judge too much until this weeks end..