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  • #154,761
  • Oct 21, 2009 3:03pm Oct 21, 2009 3:03pm
Quoting kingfisher
No..but when i compare GDP of various nations with its population, then US stats looks good.
stats tell you the past not the future
  • #154,762
  • Oct 21, 2009 3:03pm Oct 21, 2009 3:03pm
Quoting The Fool
That has not been so reliably true lately.

Howsomever, let us see if the Asian sovereigns that have been protecting upper E/U levels come out to do the same this evening.
but 92 points is a big deal.. not 20 or 30
those who can, do. those who cant, talk about those who can
  • #154,763
  • Oct 21, 2009 3:04pm Oct 21, 2009 3:04pm
Hmmm.. wonder where Texas has gone. I don't want to start "i said so" argument but again week is not over don't try to take any position right now. We may have a lower gap opening tomottow. We closed on the equitiy below 10000, Oil bounced down from a key FIB level all starting to line up as reversal moves. Again as I said in my previous posts take my analysis with pinch of salt and a shot of petron
  • #154,764
  • Oct 21, 2009 3:07pm Oct 21, 2009 3:07pm
Quoting gatorinla
but 92 points is a big deal.. not 20 or 30
True. Oil has come off but still around 81. Which is the chicken & which the egg: weak USD or bid-up oil?
"If The Fool persists in his Folly he will become wise." - William Blake
  • #154,765
  • Oct 21, 2009 3:08pm Oct 21, 2009 3:08pm
Quoting vinesh2
Hmmm.. wonder where Texas has gone. I don't want to start "i said so" argument
It's ok everybody likes to see a Texan get they ass kicked.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #154,766
  • Oct 21, 2009 3:12pm Oct 21, 2009 3:12pm
Quoting NoStops
stats tell you the past not the future

dont we study the past to learn the future?????? thats what i thought
  • #154,767
  • Oct 21, 2009 3:13pm Oct 21, 2009 3:13pm
Looks like this is what caused the dow fall:

US Stocks Tumble Into Red After Bove Cuts Wells Fargo To Sell

NEW YORK (Dow Jones)--U.S. stocks fell into the red in the final hour of Wednesday session after noted banking analyst Dick Bove cut his investment rating on Wells Fargo to sell from hold....
  • #154,768
  • Oct 21, 2009 3:16pm Oct 21, 2009 3:16pm
Ebay also dumping after hours results out.. jobless reports in the morning.. might all help to bring this puppy south.
  • #154,769
  • Oct 21, 2009 3:17pm Oct 21, 2009 3:17pm
Famous Winston Churchill Quote ... A nation that forgets its past is doomed to repeat it.

Quoting mfoste1
dont we study the past to learn the future?????? thats what i thought
  • #154,770
  • Oct 21, 2009 3:19pm Oct 21, 2009 3:19pm
Quoting The Fool
True. Oil has come off but still around 81. Which is the chicken & which the egg: weak USD or bid-up oil?
jack and jill go up the hill... but how high.... like i said.. i would like to set it and forget .. but oil prevents me. i do it on other pairs. but cant on eu..
those who can, do. those who cant, talk about those who can
  • #154,771
  • Oct 21, 2009 3:20pm Oct 21, 2009 3:20pm
ill b long at S2 @ 1.4944....1.50 was broken thats a pretty bullish signal imho
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  • #154,772
  • Oct 21, 2009 3:24pm Oct 21, 2009 3:24pm
Sure would be nice if ECB knocked it down 100 real cheap with liquidity going out the window... I know I know.... I'm still dreaming.
  • #154,773
  • Oct 21, 2009 3:25pm Oct 21, 2009 3:25pm
Gator, Oil touched a FIBO level around 82 I think that should stop this rise. No fundemental reason for this to stay high. All of this is mostly speculative. Govt. has said before they are gonig to tolerate speculative trades on Oil but then again who listens to the Govt. Goldman controls the goverment and the economy anyway.
  • #154,774
  • Oct 21, 2009 3:27pm Oct 21, 2009 3:27pm
Quoting ziko123
closing my longs here,
I think it will drop after beige book, whatever is in the beige book is priced in, buy the rumor sell the news
told you the scenario before it happened
  • #154,775
  • Oct 21, 2009 3:30pm Oct 21, 2009 3:30pm
Quoting vinesh2
Gator, Oil touched a FIBO level around 82 I think that should stop this rise. No fundemental reason for this to stay high. All of this is mostly speculative. Govt. has said before they are gonig to tolerate speculative trades on Oil but then again who listens to the Govt. Goldman controls the goverment and the economy anyway.
i need more then kissing a fib.. i believe its bs.. but my wallet isnt willing to take a chance yet.. the trend is up. till its not.. usx punched a hole through 75... so we dont have a bottom yet.. gbp is still going north as usx is now above 75..
those who can, do. those who cant, talk about those who can
  • #154,776
  • Oct 21, 2009 3:30pm Oct 21, 2009 3:30pm
You sure did. Congrats.

Quoting ziko123
told you the scenario before it happened
  • #154,777
  • Oct 21, 2009 3:34pm Oct 21, 2009 3:34pm
Quoting mfoste1
dont we study the past to learn the future?????? thats what i thought
yes, you are right, but past performance does not guatantee future results
  • #154,778
  • Oct 21, 2009 3:36pm Oct 21, 2009 3:36pm
Quoting sophiaphia
something big is cooking for the next few days, dollar collapse and DowJ +16, what am I missing. Only thing making sense is e/u.
lol NOW it makes sense and our VIX went crazy. guessing additional leftover intense selling at NY open with some sort of tradeable buyable bottom for a half-man half-ape limp into Friday close (Apologies to half-men and half-apes the world over). So the NY top is in for the week but the bottom comes tomorrow.
----- Dragonfly out in the sun you know what I mean, don't you know
  • #154,779
  • Oct 21, 2009 3:37pm Oct 21, 2009 3:37pm
Quoting NoStops
yes, you are right, but past performance does not guatantee future results
That's right. In fact there are only two things in life which are guaranteed ..... death and taxes!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #154,780
  • Oct 21, 2009 3:43pm Oct 21, 2009 3:43pm
Quoting vinesh2
Gator, Oil touched a FIBO level around 82 I think that should stop this rise. No fundemental reason for this to stay high. All of this is mostly speculative. Govt. has said before they are gonig to tolerate speculative trades on Oil but then again who listens to the Govt. Goldman controls the goverment and the economy anyway.
if it drops below 1.5 when it touches 5062 without hesitation you will get my attention..
those who can, do. those who cant, talk about those who can
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