Crap GDP numbers buy dips

myminitrading · Apr 27, 2007

Yum gobble gobble, everyone loves dips buy buy buy

Dogfish · Apr 27, 2007

Quote from stock_trad3r:

Crap GDP=no interest rate hike

GDP price index 4%, expected 3%, so that's crap growth and high inflation. Inflation takes precedence = hikes and stagflation

Mind you the market does seem to have an insatiable appetite for the upside. I just look on in amazement...

Lucrum · Apr 27, 2007

Quote from doublea:

This is priceless. This one paragraph sums up everything that I have learnt. No indicators, no forecasting just understanding what is happening now.

Agreed

bh_prop · Apr 27, 2007

ER2 feels very heavy lately, much weaker than other indices

makloda · Apr 27, 2007

Quote from bh_prop:
ER2 feels very heavy lately, much weaker than other indices

Seems everyday there was one big cap holding the big cap indexes up. AAPL, MSFT, CAT, GE, AMZN etc. etc.

Small and micro caps are looking much weaker.

S2007S · Apr 27, 2007

Quote from Bogan7:

What I find bizzare is that the US is the worlds biggest importer of goods yet so many people on here love the falling dollar which brings with it imported inflation. I am missing something

10000% right....

loufah · Apr 27, 2007

Quote from Bogan7:

What I find bizzare is that the US is the worlds biggest importer of goods yet so many people on here love the falling dollar which brings with it imported inflation. I am missing something

Most of our imported stuff is from China. I guess it depends on whether the falling dollar is offset by the ever-decreasing (because of increasing efficiency) cost of producing those goods.

Restricted · Apr 27, 2007

Quote from makloda:

Seems everyday there was one big cap holding the big cap indexes up. AAPL, MSFT, CAT, GE, AMZN etc. etc.

Small and micro caps are looking much weaker.

They want joe12pack to think the "markets" cannot go down.

S2007S · Apr 27, 2007

wow, trading flat for the last 2 hours....

gov · Apr 27, 2007

Quote from bh_prop:

ER2 feels very heavy lately, much weaker than other indices

Yeah, not bouncing with as much fervor, but then there's been free money all week, so just work it a bit harder. I'm long 7 off yesterday's low, but I have it on a short leash. 831.30 and I'm off for the day. Otherwise, gotta work it. Gonna take an early Friday and count all the week's haul.

Happy trails!