Thank Goodness for the PPT

You have it backwards!!!

"The Fed, in concert with secret societies and elitists groups such as the Council on Foreign Relations, have already orchestrated the coming financial crash. When will it happen? Very soon, for to achieve the New World Order they desire, the economy of the United States must be destroyed."

How else can you explain the markets going down so much over the last 3 years!!!
 
Quote from TheCaracal:



No the Consumer Confidence # on Tues was the one that was ignored...the lowest reading in years..and not coincidentally we were 2-3 handles from a complete meltdown..look at your daily SP chart, there's NOTHING below SP 865, we were at the exact levels of the 4 DAY rally from Oct lows! Twice actually, Mon ad Tues. Why did that happen? Really ask yourself that question.

And today..like nothing happened! Go figure?
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What figure came out on Friday then at 10:00 am, i thought it was CC?
 
Quote from Jeffo:

You have it backwards!!!

"The Fed, in concert with secret societies and elitists groups such as the Council on Foreign Relations, have already orchestrated the coming financial crash. When will it happen? Very soon, for to achieve the New World Order they desire, the economy of the United States must be destroyed."

How else can you explain the markets going down so much over the last 3 years!!!
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In all seriousness I just trade: up, buy; down, sell. Simple.

It's just an interesting conversation to participate in when youv'e been doing this for a while and have seen some truly miraculous "saves". Nuff said from me on this subject!

Figures, I take the day off and it's a good one!; oh well back to biz tommorrow.

Hope you are doing well today

David
 
Quote from TheCaracal:



In all seriousness I just trade: up, buy; down, sell. Simple.

It's just an interesting conversation to participate in when youv'e been doing this for a while and have seen some truly miraculous "saves". Nuff said from me on this subject!

Figures, I take the day off and it's a good one!; oh well back to biz tommorrow.

Hope you are doing well today

David
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i quit at 11:00 am, no need to enter the chop zone, thanks PPT.
 
Quote from TheCaracal:



No I am not rich, just observant; as to your snide remarks, I do not work the day after Thankgiving, Xmas or New Years, personal choice...and yes I have used the PPT to my advantage..in fact I had my best week in 2001, after the market re-opened from 9/11...only going LONG...did you?..Hard on? I mean Hardrock, or whatever.
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Yes, I went long about a week after the markets re-opened. I went REAL LONG, if you know what I mean! :eek: I closed out half the positions. I am right around breakeven.
 
10 Jan 2002
Dec non-farm payrolls -101K ; +20K expected. Prior -88K revised from -40K. After moderate down move at the open - big rally... I just want to say it is strange for me.
 
The market was strong yesterday. Jobs data is a lagging indicator that fluctuates a lot. Doesn't seem strange to me. If there was any manipulation here it was the "over-reaction" to the downside at the open.
 
Quote from Jeffo:

The market was strong yesterday. Jobs data is a lagging indicator that fluctuates a lot. Doesn't seem strange to me. If there was any manipulation here it was the "over-reaction" to the downside at the open.
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Fluctuates alot? -100K vs. expectations of +20-30K? You are so naive....all the ingredients for a 4th down year are in place, who do think is buying? Mutual fund cash is 4.4% vs. 11% in 1990, 12.5% in 1982; why do you think the markets just hold ground and don't go anywhere? Everyone is bullish, and fully invested, not the ideal scenario. You don't find it odd, that with every awful data point we rally. Come on boy!

No I did not profit from todays action, I slept thru the open.

David
 
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