Nonsense, that rule of 10 gibberish is worthless
Rule of 10 was wrong, this went 11.5 to 69 from 57.5 !
ES Journal Archive (2006 - 2008)
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Nonsense, that rule of 10 gibberish is worthless
Rule of 10 was wrong, this went 11.5 to 69 from 57.5 !
lol i love the optimism. we've been hearing the same bs for the last 12 months. first the subprime crap was only a very tiny market and of course we know over that time its spread like a
bad disease. we've had 3 huge rally's in the financials the past 3 months with not 1 shrewd of evidence we're near a bottom. this constant cheerleading by a self serving wall street is sickening. AND IF YOU DID SOME READING YOU'D SEE THE HUGE SHOCK IN GE'S EARNINGS WERE NOT THE FINANCIAL SHORTFALL BUT THE SHORTFALL IN HEALTHCARE AND INDUSTRIAL EARNINGS. based on the collapse in overall earnings the markets are 20-25% overvalued. oh and the fed is causing a huge devaluation of our standard of living by printing money like drunken sailors and lowering rates to a negative rate of return after inflation. but other than that hell you lets party
bad disease. we've had 3 huge rally's in the financials the past 3 months with not 1 shrewd of evidence we're near a bottom. this constant cheerleading by a self serving wall street is sickening. AND IF YOU DID SOME READING YOU'D SEE THE HUGE SHOCK IN GE'S EARNINGS WERE NOT THE FINANCIAL SHORTFALL BUT THE SHORTFALL IN HEALTHCARE AND INDUSTRIAL EARNINGS. based on the collapse in overall earnings the markets are 20-25% overvalued. oh and the fed is causing a huge devaluation of our standard of living by printing money like drunken sailors and lowering rates to a negative rate of return after inflation. but other than that hell you lets party
GE blames the financial unit for the problems...
Finance: This has already been a hotbed of dealmaking for the company, and itâs fair to expect more restructuring in the form of sales, divestitures or even spinoffs. GEâs financial units account for $18 billion, or over 40% of the companyâs $42 billion in quarterly revenue, but Immelt blamed the commercial finance unit for much of the trouble with earnings this quarter. GEâs loss provisions surged 42% to $1.33 billion â a drop in the bucket as far as UBS and Citigroup are concerned, but a big jump on a relative basis. Chief financial officer Keith Sherin told Reuters today that GE âis looking to fine-tune its financial portfolio,â but would not spin off the financial units. GE has already been reducing its consumer finance unit in favor of commercial finance. (Commercial finance was down 20% and GE Money consumer finance down 19% in todayâs earnings.)
I was just pointing out the Inverse head and shoulders. I could not care if we go to 15000 or 9000. I just want it to move.
Finance: This has already been a hotbed of dealmaking for the company, and itâs fair to expect more restructuring in the form of sales, divestitures or even spinoffs. GEâs financial units account for $18 billion, or over 40% of the companyâs $42 billion in quarterly revenue, but Immelt blamed the commercial finance unit for much of the trouble with earnings this quarter. GEâs loss provisions surged 42% to $1.33 billion â a drop in the bucket as far as UBS and Citigroup are concerned, but a big jump on a relative basis. Chief financial officer Keith Sherin told Reuters today that GE âis looking to fine-tune its financial portfolio,â but would not spin off the financial units. GE has already been reducing its consumer finance unit in favor of commercial finance. (Commercial finance was down 20% and GE Money consumer finance down 19% in todayâs earnings.)
I was just pointing out the Inverse head and shoulders. I could not care if we go to 15000 or 9000. I just want it to move.
i posted about it a week ago
What is your definition of an up and a downtrend?
Doing my weekend review and found an eery similarity of ES now compare to Nov 2006.
Check it out.
Check it out.
Help me here i do not see the similarity
http://finance.yahoo.com/echarts?s=^GSPC
Doing my weekend review and found an eery similarity of ES now compare to Nov 2006.
Check it out. [/QUOTE]
http://finance.yahoo.com/echarts?s=^GSPC
Doing my weekend review and found an eery similarity of ES now compare to Nov 2006.
Check it out. [/QUOTE]
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