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| Discussions for DOW JONES INDUSTRIAL AVERAGE INDEX | View all discussions |
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| is it another '29 on Wall Street? | ||
| Messages 1 - 25 of 26 in discussion - Newer » | ||
From: "Italian Sailor" <Italian.Sai...@gmail.com>
Date: Mon, 05 Mar 2007 06:27:22 -0800
Local: Mon, Mar 5 2007 9:27 am
Subject: is it another '29 on Wall Street?
probably not:
http://deminvest.wordpress.com/2007/03/05/re-and-the-crash-of-2007-be... but maybe yes: http://chartingstocks.net/2007/03/04/and-the-crash-of-2007-begins/ You must Sign in before you can post messages.
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From: "calderg1" <calder...@wideopenwest.com>
Date: Mon, 05 Mar 2007 15:46:59 -0800
Local: Mon, Mar 5 2007 6:46 pm
Subject: Re: is it another '29 on Wall Street?
No where near. Twice it has bounced at around 12000. This is more
than likely going to be the bottom. Cramer says the same thing, www.cramersez.com. You can listen to whoever you wish, but if you are thinking this is going to be another 29, forget it, this won't be another 87. It might be 3 months before we get back to where we were, but it is not going to crash. Good luck all! You must Sign in before you can post messages.
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| Subject changed: this is going to be another 129 i.e. SPY 123 as target |
From: "PresidentBakbo" <psson...@googlemail.com>
Date: Tue, 06 Mar 2007 07:14:39 -0800
Local: Tues, Mar 6 2007 10:14 am
Subject: this is going to be another 129 i.e. SPY 123 as target
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| Subject changed: is it another '29 on Wall Street? |
From: "Italian Sailor" <Italian.Sai...@gmail.com>
Date: Tue, 06 Mar 2007 18:01:45 -0000
Local: Tues, Mar 6 2007 1:01 pm
Subject: Re: is it another '29 on Wall Street?
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From: "calderg1" <calder...@wideopenwest.com>
Date: Wed, 07 Mar 2007 02:19:45 -0800
Local: Wed, Mar 7 2007 5:19 am
Subject: Re: is it another '29 on Wall Street?
Again we see the market bounce from about 12000. This is the 3rd time
that it has tested a bottom and bounced. The chance of the market going below this number is low. We are still near the bottom, so I think the down side is very minimal right now. Also, all signs point to a FED decrease in interest rates. 3 reasons, 1st suprime is keeping loans out of the hands of the working class, 2nd commodities have been losing ground, and 3rd, after every crisis, the FED responds by lowering rates. I think Cramer is right, www.cramersez.com, and that rates will be lowered in May 07. Also, and probably more importantly, is the FED will come out with some type of comment before that, stating that they are "biased" toward lowering rates. This will cause the market to jump. When this happens, the market will price in the FED cut before it happens. So, if you believe a FED cut is coming, then you might want to get in now, before they state their intention, or actually do it. Good luck all You must Sign in before you can post messages.
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From: ma...@email.com
Date: Wed, 07 Mar 2007 11:57:42 -0800
Local: Wed, Mar 7 2007 2:57 pm
Subject: Re: is it another '29 on Wall Street?
> Also, all signs point I don't believe the fed is concerned about "commodities losing ground" > to a FED decrease in interest rates. 3 reasons, 1st suprime is > keeping loans out of the hands of the working class, 2nd commodities > have been losing ground, and 3rd, after every crisis, the FED responds > by lowering rates. or "loans in the hands of the working class." The fed is *happy* right now that the monetary bubble is deflating--that's what they want to happen (for good reason). There has been too much money in this economy over the past 5 years as evidenced by the housing "boom" which was primarily speculative. They won't raise rates as long as inflation is looming on the horizon, which it is. I'm not looking for any rate cuts any time soon. You must Sign in before you can post messages.
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From: gbl...@gmail.com
Date: Wed, 07 Mar 2007 20:16:08 -0000
Local: Wed, Mar 7 2007 3:16 pm
Subject: Re: is it another '29 on Wall Street?
hedge funds are artificially keeping it up and squeezing the shorts in You must Sign in before you can post messages.
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From: "calderg1" <calder...@wideopenwest.com>
Date: Thu, 08 Mar 2007 04:52:19 -0800
Local: Thurs, Mar 8 2007 7:52 am
Subject: Re: is it another '29 on Wall Street?
Unbelieveable. Hedgfunds make money whether the market goes up or
down, Or at least they try to. They have no incentive to keep the market up, as they will try to make money in either an up or down market. There will be another correction coming, probably sooner than we expect, but lose the conspiracy theory. On two occasions the dow has bounced off the bottom from last tuesday, this is a good sign. Not sure what will happen, but if you are short, at least make an intelligent arguement. You must Sign in before you can post messages.
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From: gbl...@gmail.com
Date: Thu, 08 Mar 2007 15:42:27 -0000
Local: Thurs, Mar 8 2007 10:42 am
Subject: Re: is it another '29 on Wall Street?
no conspiracy, just funds with money power making more money. they do
make $ either way but some ways are better than others - they can't push it up forever, so they reverse. this is a global asset deflation cycle - gold heading down and oil to $48. new zealand changed their interest rate so possible currency war heating up. us now in slow growth mode according to bernake - this is a sea change. small caps pumped yesterday (wed), today gets the larger caps - this is a typical manipulation pattern. even cramer (whom i have no confidence in - his fundamental approach was fine for the 20 years prior to 2000 when the market went up only and long term view was ok. now in a bracketing trading market, which is best for hedge funds) says market is controlled by only 150 people. Friday looks like the big down, maybe not today, thurs (but today should fall later in the day). impossible to get exact since working with probabilities (sorry!). unemployment numbers out today, we'll see how that plays out. carry trade redemptions back on soon and triple witching now. option expiration is one reason the big funds move the market in their favor, by the way. small investor is meat to these guys. if you still think you can intuit/predict the market without an understanding of the hedge fund moves, you are dead meat. buy/sell programs are what (mostly) moves the market and they can feed in over two months (their average time) under the wire so you won't see them at it. i'd most definately short every rally. plenty of bad news out there. a big bankruptcy would make a big crash. investors have lost their understanding of relative risk and so are living in a dream world. behavioral finance says we overweight news that fits our views, and so we are overconfident. this is why markets go out of balance and then return to value over time (also called a "correction"). sub prime lenders are in trouble and the housing crunch could easily spill over to the rest of the economy. these subprime lenders have securitized/ collateralized their portfolios and sold the pieces to the hedge funds who are not constrained by law or policy as to what they can invest in. hedge funds are after return at almost any cost; their understanding of risk is relative to other hedge funds and they invest outside the efficient frontier. which works in a friendly environment. but risk is not always return. and you know things are out of balance when junk bonds are termed "high-yield corporates" as they now are. are you still confident in Your "analysis??" You must Sign in before you can post messages.
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From: gbl...@gmail.com
Date: Thu, 08 Mar 2007 16:16:20 -0000
Local: Thurs, Mar 8 2007 11:16 am
Subject: Re: is it another '29 on Wall Street?
by the way, "third bounce" on the 1200 dow?? every trader knows that
support and resistance levels are tested three or four times before a break-out. bounces are just a gathering of momentum and the more bounces, the stronger the break. You must Sign in before you can post messages.
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From: aaron.g...@gmail.com
Date: Thu, 08 Mar 2007 17:31:11 -0000
Local: Thurs, Mar 8 2007 12:31 pm
Subject: Re: is it another '29 on Wall Street?
calderg1 wrote: Think again. > Unbelieveable. Hedgfunds make money whether the market goes up or > down, Or at least they try to. http://www.businessweek.com/investor/content/mar2007/pi20070307_50530... You must Sign in before you can post messages.
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From: "doozy" <chth...@gmail.com>
Date: Wed, 14 Mar 2007 10:26:57 -0700
Local: Wed, Mar 14 2007 1:26 pm
Subject: Re: is it another '29 on Wall Street?
gbl...@gmail.com wrote: Need no further second guessin.... 12000 level was broken hour ago. It > by the way, "third bounce" on the 1200 dow?? every trader knows that > support and resistance levels are tested three or four times before a > break-out. bounces are just a gathering of momentum and the more > bounces, the stronger the break. is finding its way up now. No end to the selling... You must Sign in before you can post messages.
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From: gbl...@gmail.com
Date: Wed, 14 Mar 2007 22:28:48 -0000
Local: Wed, Mar 14 2007 6:28 pm
Subject: Re: is it another '29 on Wall Street?
doozy wrote: flat tomorrow or temp bounce thurs in prep for triple witching. > gb...@gmail.com wrote: > > by the way, "third bounce" on the 1200 dow?? every trader knows that > > support and resistance levels are tested three or four times before a > > break-out. bounces are just a gathering of momentum and the more > > bounces, the stronger the break. > Need no further second guessin.... 12000 level was broken hour ago. It subprime is bad and will get badder but baddest is the carry-trade unwind. yen and pound also will start to unwind to the tune of trillions as foreigners bring their $ home. this will push the dollar down so the fed will have to defend by Raising interest rates causing a bigger drop in the dow. six weeks of down then just a bad market for a year. gold and oil down as hedge funds get margin calls. one big bankruptcy could be the tailwind. You must Sign in before you can post messages.
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From: nick.hlad...@googlemail.com
Date: Wed, 14 Mar 2007 23:35:51 -0000
Local: Wed, Mar 14 2007 7:35 pm
Subject: Re: is it another '29 on Wall Street?
Spoke to a technical guy today and he was negative the market as he
said the bounces of the support levels have been on limited volume and as such means most people are waiting on the sidelines - this is not a good sign. Whether the market goes up or not who knows but if you're short or long anything then hedge it against the S&P 500 so that you end up playing the individual company and not the yen dollar carry trade. This is the time when you can go out there and buy those great companies that 3 months ago you said if I could buy it at so and so I would. if you want to gamble on the market - good luck to you... for what its worth i'd be short. You must Sign in before you can post messages.
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From: gbl...@gmail.com
Date: Fri, 16 Mar 2007 19:11:13 -0000
Local: Fri, Mar 16 2007 3:11 pm
Subject: Re: is it another '29 on Wall Street?
options expiration is holding up the market now but monday looks like the market is in the early stage of a broader sell off over the next japan carry-trade is about to resume and will force down the dollar, You must Sign in before you can post messages.
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From: "calderg1" <calder...@wideopenwest.com>
Date: Sat, 17 Mar 2007 15:36:46 -0700
Local: Sat, Mar 17 2007 6:36 pm
Subject: Re: is it another '29 on Wall Street?
The fed will decrease the rate, maybe twice. Most financial experts
see it happening later this year, Cramer says it will be as early as May. A weakening dollar against the yen is a good thing for the economy, however not enough to be an inflation concern. I am still betting on the rate reductions and will follow Cramer's advice and buy GS on Monday. www.cramersez.com has his daily review. If you followed Cramer last week, you knew it was going to be a tough market, and now he has GS targeted. Whether you like his show or not, his advice is great. You must Sign in before you can post messages.
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From: gbl...@gmail.com
Date: Sun, 18 Mar 2007 11:02:19 -0700
Local: Sun, Mar 18 2007 2:02 pm
Subject: Re: is it another '29 on Wall Street?
friday afternoon selling was the result of the normal quarterly s&p thurs, 22nd. could be a temp low followed by a week of rally before gs should rally to 206 before going down to 197 and then to 186. You must Sign in before you can post messages.
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Date: Wed, 04 Apr 2007 07:25:50 -0700
Local: Wed, Apr 4 2007 10:25 am
Subject: Re: is it another '29 on Wall Street?
It seems to me thqat the situation has very well recovered. China
markets are again around their MAX. US markets are doing fairly well too... You must Sign in before you can post messages.
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From: gbl...@gmail.com
Date: Wed, 11 Apr 2007 15:52:29 -0000
Local: Wed, Apr 11 2007 11:52 am
Subject: Re: is it another '29 on Wall Street?
amazing how the down in china affected everyone when the entire china
stock market is only 5% of the nyse capitalization. that says something about investors being on the edge. we are close to a bad crash. quarterly earnings reports on their way blackstone has yet to do their ipo - after the ipo, the market will be note that 60% of americans expect a recession this year. there is subprime has not played out in earnings hits. the carry trade will continue reversing as dollars are repatriated to You must Sign in before you can post messages.
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| Subject changed: dow jones will continue its downward path |
From: kachmarline...@hotmail.com
Date: Wed, 11 Apr 2007 11:18:10 -0700
Local: Wed, Apr 11 2007 2:18 pm
Subject: dow jones will continue its downward path
overall weakness in the housing market, coupled with the dollar
weakness and no interest rate cuts are going to drive the overall market downward for the next couple of months, the wealth effect that drove the market in the last serveral years is gone. people feel poor and spending will drop off You must Sign in before you can post messages.
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| Subject changed: u didnt get it up 'til now, such kind of remarks r worthless |
From: "PresidentBakbo" <psson...@googlemail.com>
Date: Wed, 11 Apr 2007 11:22:53 -0700
Local: Wed, Apr 11 2007 2:22 pm
Subject: u didnt get it up 'til now, such kind of remarks r worthless
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| Subject changed: dow jones will continue its downward path |
From: kachmarline...@hotmail.com
Date: Wed, 11 Apr 2007 11:35:07 -0700
Local: Wed, Apr 11 2007 2:35 pm
Subject: dow jones will continue its downward path
There are going to be up days, but the overall path is downward, I do
not care how many mergers are planned for this year, the consumer is busted, home owners have no means left to " get cash" they are broke, and the economy is sinking slowly. The war is costing us 20 billion dollars a month, sure there are more job creations, especially at the fast food places, the real driver of the economy are high paying jobs, if you don't have that, then you need to borrow a ton of money and spend it like Brittany spears on a night out, the sub-prime party is over, and the housing market enbled people of small financial means to recieve hugh loans that they had no intentions of paying back, great for growth, for the short term, not so good later on, the market and the united states economy needs a correction. You must Sign in before you can post messages.
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| Subject changed: I ve no idea wat u wud like to tell us |
From: "PresidentBakbo" <psson...@googlemail.com>
Date: Wed, 11 Apr 2007 18:43:09 -0000
Local: Wed, Apr 11 2007 2:43 pm
Subject: I ve no idea wat u wud like to tell us
poste some recommendations or realtime entries but
pleazzzzzzzzzzzzzzzzze get rid of this stuff telling the world wat u r thinking You must Sign in before you can post messages.
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From: iamt...@gmail.com
Date: Wed, 11 Apr 2007 19:12:55 -0000
Local: Wed, Apr 11 2007 3:12 pm
Subject: Re: I ve no idea wat u wud like to tell us
Bakbo, you self-righteous prick. You post dozens of times per day
indicating what "u r" (can you just spell out "you are" for chrissakes! How hard is that?) thinking and then have the nerve to tell someone else to "get rid of this stuff telling the world wat u r thinking". You could save us all a great deal of effort by ceasing to post your You must Sign in before you can post messages.
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From: blueangryg...@gmail.com
Date: Wed, 11 Apr 2007 19:14:07 -0000
Local: Wed, Apr 11 2007 3:14 pm
Subject: Re: I ve no idea wat u wud like to tell us
Dear Mr Bakbo,
You of all people shouldn't be telling someone else what kind of posts You must Sign in before you can post messages.
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| Messages 1 - 25 of 26 Newer » |
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