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    Ewj: elliott wave

    Shorts getting pushed once again with 20 minutes left in the session . . . SPX at 829
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    Ewj: elliott wave

    It feels like a Summer Friday to me . . . Very light volume, and the only thing that kicked off this rally today at 1PM was the Treasury Note auction. It wasn't even that great, but it was good compared to yesterday's debacle; which caused traders in the stock market to back off and/or sell...
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    Ewj: elliott wave

    Ed, .786 of your Wave 1 ( 53.11 ) gives you a target for Wave 5 in the 832 SPX handle. We reached that earlier today! :)
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    Capitalism under full attack by Obama

    Wanna put your money where your mouth is? Feel free to PM me with the specs of the bet, and the amount of your wager. :D
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    Geithner's Five Big Misconceptions

    You are welcome! :)
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    Cantor skips Obama’s press conference to attend a Britney Spears concert.

    I have no obsession with Cantor whatsoever. But he has been in front of the camera an awful lot on CNN, MSNBC, Fox, etc. in the past two weeks - - - Kind of strange for a politician who as you say, "has limited ability to lead."
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    Ewj: elliott wave

    Interesting to note, the financials are not participating in today's rally. Any trade back under 826 SPX would not be good for the Bulls.
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    Ewj: elliott wave

    You can always check on weekly coal prices at the EIA's website too: http://www.eia.doe.gov/cneaf/coal/page/coalnews/coalmar.html#spot
  9. L

    Ewj: elliott wave

    Lots of commodity type stocks are doing well today. The coal and steel group are very strong . . . even some nat-gas names and drillers even though NG is -9% today on an unanticipated build in inventories. For trading vehicles, the coal stocks are some of the biggest beta names that I have...
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    KBR Shocking American Troops

    A horrible situation for our brave young men and women overseas. Just horrible.
  11. L

    Ewj: elliott wave

    Low volume rally with no sellers, so far today. That 830 SPX level is a .786 retracement of the 2/9 high at 875 down to the low at 666.79 837 SPX is the .618 retracement from the 1/6 high at 943.85 down to the low at 666.79
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    Capitalism under full attack by Obama

    Clearly, a Great Depression does not occur in a vacuum and is not merely a financial event that effects corporate America. It also affects men, women, and children. Do you not think that there would be complete chaos, lawlessness, violence, and human bloodshed given what you are proposing...
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    For those who are feeling nostalgic about Bush...

    " . . . putting food on your family" G. Bush
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    KBR Shocking American Troops

    More Bad Wiring Imperils Troops in Iraq WASHINGTON – The military is racing to inspect more than 90,000 U.S.-run facilities across Iraq to reduce a deadly threat troops face far off the battlefield: electrocution or shock while showering or using appliances. About one-third of the...
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    When will the stress test results be out?

    End of April. You can check the process out on the Treasury Department's website.
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    Obama a 1 term Prez?

    I always thought that that was a HUGE mistake by the McCain campaign . . . How could they choose Palin as the VP candidate when they knew damn well that SNL would have a field day with Tina Fey impersonating her??? Or were they actually that dumb? Apparently, they were. What a way to lead...
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    Obama's Foreign Failures

    I've always thought that people that use swear words to get their point across suffered from a lack of education and a low IQ. Given your claim that Jeb Bush will be the next President of the United States in 2012, the entire ET community now knows how mentally "twisted" you are...
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    Ewj: elliott wave

    Thanks Mup! Could very well see a "bid" in this market over the next couple of days until the Quarter ends.
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    Obama's Foreign Failures

    I am not a "hater". Everyone has an opinion. But contrary to others on ET, I believe that it is important to know the background of the author in order to better understand if they have an "axe" to grind. The "points" that Ralph Peters attempts to make in order to advance his claim that...
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    Obama's Foreign Failures

    So let me get this straight . . . You are calling Secretary of Defense, Robert Gates a hack, along with National Security Advisor Jim Jones, Chairman of the Joint Chiefs of Staff Admiral Mike Mullen, Mike Donley, James Clapper, Mike Vickers, and head of the VA, Eric Shinseki...
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