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Originally posted by RolandBrichter
Originally posted by RetinoidReceptor
I feel the next short squeeze coming on........................Just one more or two more down days and then Ben and Goldman can buy more equities and scare the shorts into rallying the indices. How many times has this happened in the past 5 months already?
Lol...poor bastards have been torched repeatedly... it's hard to win against the House... especially one with its own printing press
Most of the guys that I know are waiting to see what happens in the next couple of sessions, lots of sweaty trigger fingers out there...
Originally posted by GreenBicMan
reply to post by fromunclexcommunicate
the 30 minute chart with the price sequences looks pretty good so far..
If I remember right my last target was 975 for SP500 (if you go back about 30 pages).. I dont think it made it that low but it was close, we might see it tomorrow.. I have my chart in the above post
Originally posted by GreenBicMan
LONG TERM SCALE WITH 20 50 200 EMA
(captions on chart)
[edit on 17-8-2009 by GreenBicMan]
Originally posted by GreenBicMan
reply to post by RetinoidReceptor
20 EMA IN RED
50 EMA IN BLUE
200 EMA IN YELLOW
I usually try to use the same colors (200 ema sometimes in green bc that is default)
Originally posted by Rockpuck
reply to post by stander
Fictitious? I s'pose.
Tell that to Mr Average Joe from anywhere in America that last 50% of his retirement the first time around, got duped by the Media into buying into it again, and is now set up to loose 10-40% of what he just put in.
You can do it Standar, be the spokes man to them.
Tell him his money was fictitious and he shouldn't worry about it.
Originally posted by Hx3_1963
...Nikkei to get a slap upon Lunch return...
Nikkei 225 10,307.41 10:30PM ET Up 38.80 (0.38%)
Housing Starts, Producer Prices Both Post Drops in July
www.cnbc.com...
New U.S. housing starts and permits unexpectedly fell in July, pulled down by steeper declines in multifamily units while the producer price index also fell.
Retailers See Back-to-School Sales Slowing
www.nytimes.com...
Halfway through the back-to-school shopping season, retail professionals are predicting the worst performance for stores in more than a decade, yet another sign that consumers are clinging to every dollar.
Fears about the job market have resulted in sluggish customer traffic over the last few weeks, spurring the gloomy sales projections. Parents who do shop are aggressively trading down, informing status-conscious teenagers that notebooks from the dollar store or shirts from Costco will have to do this year.
Stock analysts at Citigroup are predicting a decline in back-to-school sales for the first time since they began tracking the figures in 1995. They estimate August and September sales at stores open for at least a year — known as same-store sales — will fall 3 to 4 percent, compared with an increase of nearly 1 percent in the same period last year.