looks like oil took a hit today. driving season is over in the u.s. looks like everyone will have to wait til next year to see any dramatic increase in price.
Cesarnc's market talk, gossips, rumours & fun
- #17,623
- Sep 23, 2009 11:33am Sep 23, 2009 11:33am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
looks like oil took a hit today. driving season is over in the u.s. looks like everyone will have to wait til next year to see any dramatic increase in price.
But the FOMC statement seems to have pleased the markets. Dow jumped to +55 after a -20 in the morning.
Didn't reflect in Bovespa, though. Still crawling in the red area. Expecting a late rally
CNBC's comments on FOMC
http://www.cnbc.com/id/32986173
* another jump to +75 before I finished this post
- #17,624
- Sep 23, 2009 11:36am Sep 23, 2009 11:36am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
Dow 9,900...
10k this week?
Then short the crap out of it...
Edit 4 minutes later.
Bovespa in the green
Dollar also taking heat across the board...
10k this week?
Then short the crap out of it...
Edit 4 minutes later.
Bovespa in the green
Dollar also taking heat across the board...
- #17,627
- Sep 23, 2009 1:01pm Sep 23, 2009 1:01pm
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
well, looks like the dollar gaind beack all of it's losses after the fed release. what is that about???
There were crazy sellers sitting at the 9,9k fence... Bearich engulfing in the daily
Bovespa slumped from +0.48% to -1.45% as well...
Tell me about volatility...
- #17,628
- Sep 23, 2009 1:06pm Sep 23, 2009 1:06pm
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
Maybe 9,9k was 10k enough for the people who once had to chew 6,500
- #17,629
- Sep 23, 2009 4:13pm Sep 23, 2009 4:13pm
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
A man comes home from a night of drinking. As he falls through the doorway, his wife snaps at him: "What's the big idea coming home half drunk?"
The man replies: "I'm sorry, honey. I ran out of money."
The man replies: "I'm sorry, honey. I ran out of money."
- #17,630
- Sep 23, 2009 4:32pm Sep 23, 2009 4:32pm
- | Commercial User | Joined Oct 2006 | 1,158 Posts
A man comes home from a night of drinking. As he falls through the doorway, his wife snaps at him: "What's the big idea coming home half drunk?"
The man replies: "I'm sorry, honey. I ran out of money."
- #17,631
- Sep 24, 2009 2:38am Sep 24, 2009 2:38am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
GJ triggering a double top right now...
- #17,632
- Sep 24, 2009 2:41am Sep 24, 2009 2:41am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
Cable about to trigger a H&S, target as low as 1.50 (or the 23% fibo it cracked too fast in May)
But it's dettached from euro, that's going up....
But it's dettached from euro, that's going up....
GJ triggering a double top right now...
Like a real BIG dog....
This is not the first time I see this post....
Cesar...we heading for another exciting F1 season end and again a Brazilian is in it...
Lets see - it will be good.
- #17,634
- Sep 24, 2009 5:33am Sep 24, 2009 5:33am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
Like a real BIG dog....
This is not the first time I see this post....
Cesar...we heading for another exciting F1 season end and again a Brazilian is in it...
Lets see - it will be good.
- #17,635
- Sep 24, 2009 7:14am Sep 24, 2009 7:14am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
- #17,637
- Sep 24, 2009 7:22am Sep 24, 2009 7:22am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
- #17,639
- Sep 24, 2009 8:16am Sep 24, 2009 8:16am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
few days ago was having a chat with belekas about market topping for the rest of the year... though i changed my mind... yesterday price action needed to be held in order gold continues rising... and the breakout some minutes ago is the bulls capitulation -according to my readings-.
so this means... usd strength ... risk-aversion... and all that sweaty stuff we both know...
i just wouldnt like to see dow test this years low.. cause that will cause general panic in the meanwhile...
gee...
Now, if year's top is put or not, it will depend on Q3 earnings starting next month. Good earnings were the fuel for '09 run up so far.
- #17,640
- Sep 24, 2009 9:47am Sep 24, 2009 9:47am
- Joined Oct 2008 | Status: Let the market come to you | 2,670 Posts
