petrolpeter
439 posts
msg #54175
- Ignore petrolpeter
modified |
8/18/2007 1:14:22 AM
DEAN may hit natgas and drilling platforms,any one do those contracts?Was there a price pattern with Katrina ans Rita?Now would be the time.8/20--Dean goes under fields and prices drop,wait on the next one I guess.
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nikoschopen
2,824 posts
msg #54185
- Ignore nikoschopen |
8/18/2007 2:31:00 PM
The October crude futures is right at its SMA(50) and it might get a bounce depending on whether Hurricane Dean will come crashing down on the Gulf region and disrupt the oil production. Note, however, that the playing field is not leveled when it comes to news-driven events. Not having the same instant access to the information as other big players leaves you at a great disadvantage because by the time CNN flashes "Headline" across the TV screen it's already old news.
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nikoschopen
2,824 posts
msg #54198
- Ignore nikoschopen
modified |
8/19/2007 1:35:57 AM
Here are couple recent videos by Ira Epstein, one of the popular figures from the old school. Many of you may remember his TV show "Stocks, Options and Futures", which was one of the most popular Finance Television shows on what was then called The Financial News Network, which is now known as CNBC. I have to say, these two videos pretty much nailed what happened in the market.
Mid-day Stock Indexes Review with Ira Epstein
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nikoschopen
2,824 posts
msg #54222
- Ignore nikoschopen |
8/20/2007 1:32:40 PM
Just a hunch, but a buy program might kick in once everybody unloads the boat, taking what little profit they made in the last two days, thinking the market will tank again.
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karennma
8,057 posts
msg #54245
- Ignore karennma |
8/20/2007 11:08:51 PM
I noticed neither Ira Epstein nor inthemoneystocks did a video tonite.
Is tomorrow gonna be BLACK TUESDAY?
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petrolpeter
439 posts
msg #54275
- Ignore petrolpeter |
8/22/2007 5:58:40 AM
This may be a spell of summer doldrums.Just floating around 13000.
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nikoschopen
2,824 posts
msg #54278
- Ignore nikoschopen |
8/22/2007 12:04:46 PM
It sure feels that way. After 3 weeks of gut-wrenching roller coaster rides, this market is putting me to sleep.
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petrolpeter
439 posts
msg #54279
- Ignore petrolpeter
modified |
8/22/2007 2:32:52 PM
AAPL based at 120 and came up ,didn't notice it till now.This filter takes a look at AAPL and more that slowly come back after a correction:
Should have paid more attention!
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nikoschopen
2,824 posts
msg #54286
- Ignore nikoschopen |
8/22/2007 10:33:35 PM
Okay, BofA gave Countrywide a new lease on life by investing $2B and the afterhours trading is off to the races. Call me retarded but I have hard time understanding how this alone can wipe out all the troubles facing the subprime woes of late. Only thing that I see are bunch of morons with their overinflated emotions running on turbo charge for reasons that elude me. Well, I guess that's natural for a perma bear. Let me know if you have a better explanation.
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heypa
283 posts
msg #54288
- Ignore heypa |
8/23/2007 12:33:59 AM
I think BofA has evaluated that there is no way that the FED would stand by and let the largest savings and loan fail and go bankrupt.Or perhaps they think that they can capitalize on sufficient share price gain to turn a profit later in the run to Jim Cramers DOW 14500.After all the FED listens to Cramer, or so he says.
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