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Mup, Great call on the OIH. 87 handle just after the opening. Unreal! :eek:

Where are all of the ET Inflation "hawks" who wanted Bernanke to raise RATES??? Morons.

Yet another highly mistaken individual as asset-prices continue to go down the tubes with no end in sight. Been watching the amount of equity disappear in the stock market lately across the entire GLOBE? It's CALLED DEFLATION. And Bernanke and Paulson continue to throw crap against the...

Isn't tomorrow a possible Gann date? Seems like no one wants to make a committment to this market until they see how that auction goes on Friday regarding the Lehman Credit Default Swaps.

Being hedged at much higher prices means absolutely zilch . . . see XTO and how that stock has been trading given the FACT that 50% of their 2009 production has been sold forward at an average price of $11.96 I don't think that you fully understand the position that CHK is in with regards to...

Aubrey's stock position is not the issue. CHK is SUPER leveraged, ( check their miniscule cash position ) and with the credit markets "frozen" are unable to re-finance their debt . . . My guess is that the market place smells that they are in trouble, and at the very least will have to make...

On my very short-term1-minute chart of the SPY, it looks IMPULSIVE up since the 96.00 low. Possible A-B- and a 5wave up C into the high at 99.00? Interesting.

I have no idea "who" the TRADERS that you "know" are, but the fact of the matter is that people that specialize in trading one specific sector, day-in and day-out . . . such as the Oil Service issues (OIH) are cleaning-up.

:D

Without a doubt the greatest sector to TRADE, bar none! Just look at the ranges in RIG, DO, APA, and DVN. :cool:

Agreed.

Great rounding intra-day bottom on the SPX at 972-971. :)

They are not TRADERS. They are investors, and you obviously don't know the difference. Welcome to ET.

Congratulations on your strategy. You are about as out-of-touch with the current market as McCain is with the economy. Perhaps you can come up with a nice "photo-shop" screen-shot of a fake ES position to prove otherwise. :D

$4.00 off the low of the day today and surging . . . incredible daytrading stock! :D

Broke a 4-day downtrend on the SPX. Nice rounding bottom off of the 971-972 SPX area . . . rally kicked in in full at 1PM EST out of the "wedge".

Let me guess . . . You sit in front of the TV set watching CNBC all day long and posting on ET like the wanna-bee "paper-trader" that you are? You watch far too much TV.

That full year $3.90 EPS estimate for 2008 was thrown out the window months ago.

Crack spread probably as NEGATIVE as it has ever has been . . . Still not good for the Refiners. Demand for gasoline falling steeper than the crude oil price. Just horrible.

This is the first time in history that 6 banks have coordinated a GLOBAL rate cut.