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  • #122,761
  • Jul 17, 2009 9:29am Jul 17, 2009 9:29am
Hi there... I'm regular guest here n just registered today...

Btw, I found something interesting, but I don't know if this is right or not... It's seems that they are trying to form head and shoulder in the daily chart... How do you think?
  • #122,762
  • Jul 17, 2009 9:30am Jul 17, 2009 9:30am
Quoting leckefex
I still see h&s - I think I'll quit posting my beliefs if I'm wrong...
what time frame?
  • #122,763
  • Jul 17, 2009 9:33am Jul 17, 2009 9:33am
Quoting Turtle4x
what time frame?
H&S H1
  • #122,764
  • Jul 17, 2009 9:34am Jul 17, 2009 9:34am
Quoting The Fool
Hear here. All the houses I see going up around here are on spec. Builders hopin & prayin & doin what they can to keep their best people offa welfare. Meanwhile, the roads & bridges are an embarrassment.
well if communities want to save what they got they need to curve building. this will force more remodeling to keep those workers employed.. it will also slow/stop declining prices by drying up supply.. home depote ect. still is able to sell crap. community does not create a ponzi scheme where you always need new blood to keep scheme up.. community house properties go up... problem solved.. not a damn thing wrong with mayberry..without the strip mall and redlights.. self preservation
those who can, do. those who cant, talk about those who can
  • #122,765
  • Jul 17, 2009 9:35am Jul 17, 2009 9:35am
Quoting gatorinla
what a bunch of crap... housing permits ect up... when we cant get rid of the ones on the books.. so whats that do for the value of existing homes?? there laws for this... supply and demand...still feeling better. for employment to work we have to build something needed now..not something we have too much of..i feel better about employment now, not! ... these home builders/banks and world should feel secure with bs like this. not!..

..build some damn bridges...
i mistook you for an optimist.

m
  • #122,766
  • Jul 17, 2009 9:38am Jul 17, 2009 9:38am
Quoting acumen
i mistook you for an optimist.

m
no reality prevents that. lipstick on a pig is lipstick on a pig..but i would rather be wrong..when you turn on the lights the roaches scatter..
those who can, do. those who cant, talk about those who can
  • #122,767
  • Jul 17, 2009 9:38am Jul 17, 2009 9:38am
Quoting Turtle4x
bears give up?
so 1.40 is out of reach for today?
I'm waiting for 1.4138 to short. Now a countertrend trade for today in lower TF
  • #122,768
  • Jul 17, 2009 9:41am Jul 17, 2009 9:41am
Bank of America reported today its second-quarter 2009 net income of $3.2 billion after that preferred dividends of $805 million were deduced, compared to a net income of $3.4 billion within the second quarter last year, which is efficient and cheerful as the Bank had overall continued strong revenue performance in the wholesale capital businesses as well as in home sales.


now thats ausm
  • #122,769
  • Jul 17, 2009 9:42am Jul 17, 2009 9:42am
Citigroup Inc. reported a $4.28 billion profit or 49 cents a share from $2.5 billion loss or 55 cents a year ago, above analyst's expectations of 27 cents. The bank with impacted tremendously by the financial crisis which forced the bank to have a bailout from the government worth $45 billion.



The bank had to sell assets such as Smith Barney brokerage to compensate some of the toxic loans losses.
  • #122,770
  • Jul 17, 2009 9:42am Jul 17, 2009 9:42am
Quoting leckefex
I still see h&s - I think I'll quit posting my beliefs if I'm wrong...

after review, im starting to agree with you H&S it seems more probable
  • #122,771
  • Jul 17, 2009 9:42am Jul 17, 2009 9:42am
Quoting gatorinla
well if communities want to save what they got they need to curve building. this will force more remodeling to keep those workers employed.. it will also slow/stop declining prices by drying up supply.. home depote ect. still is able to sell crap. community does not create a ponzi scheme where you always need new blood to keep scheme up.. community house properties go up... problem solved.. not a damn thing wrong with mayberry..without the strip mall and redlights..
I'm an electrician, and am taking jobs that I never would have in the past. There are so many houses out there with out dated electrical systems ready to go up in flames. Yes, fixing them does add value to the community, it just takes skills not every tradesman took time to develop.
  • #122,772
  • Jul 17, 2009 9:45am Jul 17, 2009 9:45am
Quoting agak_gila
Hi there... I'm regular guest here n just registered today...

Btw, I found something interesting, but I don't know if this is right or not... It's seems that they are trying to form head and shoulder in the daily chart... How do you think?
I see it on H1
  • #122,773
  • Jul 17, 2009 9:45am Jul 17, 2009 9:45am
Quote
Nevermind. I might be on crack or some other people I don't name might be on cack. I'll keep my opinions to myself (the rumor with China being in bid at some levels is plain bull shit).

No way I meant to imply anything on the content/quality of your statement. I was just utterly confused when reading that post. Of course this relates to my state of mind just as much.
Thank you for being top social by claryfying your point of view later, after which I understood perfectly what you meant, for which my (vague) remark was meant anyway.
Thanks, appreciate it, really.
  • #122,774
  • Jul 17, 2009 9:47am Jul 17, 2009 9:47am
Quoting gatorinla
well if communities want to save what they got they need to curve building. this will force more remodeling to keep those workers employed.. it will also slow/stop declining prices by drying up supply.. home depote ect. still is able to sell crap. community does not create a ponzi scheme where you always need new blood to keep scheme up.. community house properties go up... problem solved.. not a damn thing wrong with mayberry..without the strip mall and redlights.. self preservation
I don't know where these housing starts are located. Defenitely not near me. We have half finished communities all over the place and I haven't seen one cent of stimulus money spent on infrastructure in the Philadelphia region. Not to mention alot of the these 5yr ARMs are still resetting as we speak and coupled with increasing job losses= more foreclosures.
  • #122,775
  • Jul 17, 2009 9:49am Jul 17, 2009 9:49am
Quoting Atlast
I'm waiting for 1.4138 to short. Now a countertrend trade for today in lower TF
we had 1.4130
good luck
what`s your expected TP?
  • #122,776
  • Jul 17, 2009 9:50am Jul 17, 2009 9:50am
Quoting Jeg
H&S H1
i dontīt see it
but iīm not so familiar with H&S either
  • #122,777
  • Jul 17, 2009 9:51am Jul 17, 2009 9:51am
Quoting Atlast
I'm waiting for 1.4138 to short. Now a countertrend trade for today in lower TF
you may have just missed it
  • #122,778
  • Jul 17, 2009 9:54am Jul 17, 2009 9:54am
Quoting Alihuzaifa
Bank of America reported today its second-quarter 2009 net income of $3.2 billion after that preferred dividends of $805 million were deduced, compared to a net income of $3.4 billion within the second quarter last year, which is efficient and cheerful as the Bank had overall continued strong revenue performance in the wholesale capital businesses as well as in home sales.


now thats ausm
gov. subsidies ... its bs.. there not paying but 0 or 1/4% interest. charging 28% cc interest.. this is the biggest u.s. bank... and a software company or oil company make more..come on.. that dog dont hunt.
those who can, do. those who cant, talk about those who can
  • #122,779
  • Jul 17, 2009 9:54am Jul 17, 2009 9:54am
Quoting Turtle4x
i dontīt see it
but iīm not so familiar with H&S either
? left shoulder 1.4128, head 1.4149, right shoulder 1,4128 about 30 min ago?????? possible....
  • #122,780
  • Jul 17, 2009 9:57am Jul 17, 2009 9:57am
Quoting gatorinla
gov. subsidies ... its bs.. there not paying but 0 or 1/4% interest. charging 28% cc interest.. this is the biggest u.s. bank... and a software company or oil company make more..come on.. that dog dont hunt.
gator - been reading this thread for long time... your views are quite refereshing...much respect
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