petrolpeter
439 posts
msg #54071
- Ignore petrolpeter |
8/15/2007 3:58:09 AM
LOL.Give these guys a trillian dollar credit card and look what happens,and so soon.Bernanke doesn't seem to feel sorry for em.1000 pts. out of this bubble so far!
|
nikoschopen
2,824 posts
msg #54075
- Ignore nikoschopen |
8/15/2007 11:15:45 AM
The CPI data came in line with the consensus, which means the market might get its relief rally. The caveat is whether the Fed will now (preemptively) lower the interest rate, perhaps sooner than later.
|
msummer2007
129 posts
msg #54076
- Ignore msummer2007 |
8/15/2007 11:51:55 AM
Talk about a wall of worry. There is absolutely no one putting down any bets. The market giveth and the market taketh away.
|
nikoschopen
2,824 posts
msg #54077
- Ignore nikoschopen |
8/15/2007 12:08:35 PM
Count me in with the bulls...I'm long!
|
nikoschopen
2,824 posts
msg #54080
- Ignore nikoschopen |
8/15/2007 1:30:48 PM
In my view, the bears have definitely overstayed their welcome. Considering that the options expiration is just around the corner, they might get squeezed out with their pants down. While the bulls were collectively shot down in flames for the last few weeks, their pathological stubbornness to push this market higher at the slightest chance they get is not to be outdone.
|
msummer2007
129 posts
msg #54086
- Ignore msummer2007 |
8/15/2007 2:02:01 PM
Even a loser wins once in awhile. These markets are heading lower Niko in my opinion. Sure you might see a rally for a few days, but down she will go shortly. There is no conviction, and there won't be until the Fed comes clean with what is really going on.
|
nikoschopen
2,824 posts
msg #54087
- Ignore nikoschopen |
8/15/2007 2:45:41 PM
Well, I just came back from lunch only to find out all of my earlier profit had been wiped out. Some crazy market!
No, I'm not calling for a reversal at this time. The market has been in a tailspin for some time and that it's high time to chill for a while before taking another nosedive. Nevertheless, this market is by no means predictable as one ought to think.
|
msummer2007
129 posts
msg #54090
- Ignore msummer2007 |
8/15/2007 3:27:31 PM
Run Run Run the sky is falling, the sky is falling!!!
|
nikoschopen
2,824 posts
msg #54096
- Ignore nikoschopen |
8/15/2007 5:34:15 PM
And this is supposed to be August, the sleeper month! Yikes!
|
petrolpeter
439 posts
msg #54115
- Ignore petrolpeter |
8/16/2007 1:51:21 PM
Rally just didn't feel right yesterday.Too many holders,Hedge funds,Funds,Privates,Foreign funds,and lastly the poor retail investor.Selling over-powering short covering.Fast money guys calling for a big rally and money media talking "buying Oportunity",watch out!
|