StockFetcher Forums · General Discussion · POST YOUR LIVE TRADES HERE!!<< 1 ... 36 37 38 39 40 ... 162 >>Post Follow-up
nikoschopen
2,824 posts
msg #59426
Ignore nikoschopen
1/31/2008 5:33:09 PM

Sorry, but I think otherwise. No doubt, Google is getting hammered in the extended hours and there's still the jobs number that ominously hangs over the market for tomorrow, but the daily chart for both the Dow and the S&P looks rather bullish. I would be very cautious about shorting this market outright. If you are, be very nimble.

nikoschopen
2,824 posts
msg #59440
Ignore nikoschopen
2/1/2008 3:13:00 PM

Alright, taking a small short position from here. Hopefully we'll get a selloff going into the close.

johnpaulca
12,036 posts
msg #59441
Ignore johnpaulca
2/1/2008 3:45:43 PM

Niko...hope ya still short on GLD...I am riding this honey down.

Image and video hosting by TinyPic

nikoschopen
2,824 posts
msg #59442
Ignore nikoschopen
modified
2/1/2008 4:29:29 PM

I got out of GLD eons ago with a decent profit. But I ain't too sure about shorting the damn thing here. It's still above the trendline and the Keltner/Bollinger bands look pretty bullish. I'm also thinking that it just might put in a double-top pattern within the next few days. I would short near the top with a tight stop.

BTW, line chart sucks! LOL

johnpaulca
12,036 posts
msg #59463
Ignore johnpaulca
modified
2/4/2008 10:29:51 AM

GLD....gapped down this morning and heading towards 86.56....will cover and play the bounce long.

Image and video hosting by TinyPic


Image and video hosting by TinyPic

nikoschopen
2,824 posts
msg #59464
Ignore nikoschopen
2/4/2008 12:47:27 PM

I'm more convinced that it will head back up to it's previous high now that it gapped down. IMHO

johnpaulca
12,036 posts
msg #59483
Ignore johnpaulca
modified
2/5/2008 10:09:10 AM

GLD...still tanking...heading towards price target.

Cover....going long...$87.75

nikoschopen
2,824 posts
msg #59484
Ignore nikoschopen
2/5/2008 12:20:23 PM

Is there a direct correlation between equity and gold? Hmm, some unwholesome food for thought.

At any rate, the $USD is gaining ground over Euro, up over 1%.

nikoschopen
2,824 posts
msg #59485
Ignore nikoschopen
2/5/2008 12:39:35 PM

Latest broken news:

02/05/2008 12:17 *DJ Fed's Lacker Doesn't Expect Severe Recession
02/05/2008 12:17 *DJ Fed's Lacker: Uncomfortable With Inflation Picture
02/05/2008 12:17 *DJ Fed's Lacker: Recent Econ Data Have Raised Downside Risks
02/05/2008 12:17 *DJ Fed's Lacker Sees `Sluggish' Econ Growth For 6 Mos
02/05/2008 12:17 *DJ Fed's Lacker Expects Job Growth To Be `Lethargic'
02/05/2008 12:17 *DJ Fed's Lacker: Further Easing May Be Warranted
02/05/2008 12:17 *DJ Fed's Lacker Sees Possibility Of Mild Recession

(Source: Dow Jones Wire)

johnpaulca
12,036 posts
msg #59486
Ignore johnpaulca
2/5/2008 1:32:47 PM

We are still booming in Calgary, my house has more than doubled in price in the last two years. We have a very strong oil based economy with huge labor shortage. Wouldn't wanna be living in the US now although I loved it when I lived in Florida.

StockFetcher Forums · General Discussion · POST YOUR LIVE TRADES HERE!!<< 1 ... 36 37 38 39 40 ... 162 >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2022 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.