The Rally

Maverick74 · Oct 17, 2006

Quote from vhehn:

yhoo selling off. another cramer disaster. been buying since 32.

I'm showing YHOO up in AH.

Free Thinker · Oct 17, 2006

Quote from myminitrading:

Earnings quality sucks, just plain sucks, but who cares just buy buy buy, why beause the market is going up, thats all that matters right now, now move... give me some IBM, give me some INTC, move over get outta my way I want some more IBM.... I dont care how much it costs its going up buy buy buy.

earnings quality is a subjective thing. who decides if not the market?

Free Thinker · Oct 17, 2006

Quote from Maverick74:

I'm showing YHOO up in AH.

wow. it is now. they must have said something good.

S2007S · Oct 17, 2006

Quote from myminitrading:

Earnings quality sucks, just plain sucks, but who cares just buy buy buy, why beause the market is going up, thats all that matters right now, now move... give me some IBM, give me some INTC, move over get outta my way I want some more IBM.... I dont care how much it costs its going up buy buy buy.

agree. Did you see the core PPI, 0.6%%%%%%%%%. Dow off 30 points!!!!

krazykarl · Oct 17, 2006

Quote from S2007S:

agree. Did you see the core PPI, 0.6%%%%%%%%%. Dow off 30 points!!!!

quit ur bitching and start trading. what do you think your ranting against the trend is going to do, change it????????????????

Cache Landing · Oct 17, 2006

Quote from S2007S:

agree. Did you see the core PPI, 0.6%%%%%%%%%. Dow off 30 points!!!!

You should realize that an increase in PPI is only important right now if that cost can be effectively passed on to the consumer. That is why the PPI is so volatile, while the CPI is more steady. Many temporary PPI increases are eaten by the wholesalers who aren't able to pass those costs on. Yes this cuts into the profits of the wholesalers, but it doesn't result in inflation. This market is inflation driven right now. Bad earnings are going to be ignored and good earnings are simple going to reafirm the rally. The only thing that matters right now is "soft landing". Everything else is only import as it indirectly affects the soft landing scenario.

S2007S · Oct 17, 2006

Quote from krazykarl:

quit ur bitching and start trading. what do you think your ranting against the trend is going to do, change it????????????????

ha.

krazykarl · Oct 18, 2006

Quote from S2007S:

ha.

it's krazy - i must have inherited some of rennick's precognitive prowess, for I see your performance today ahead of the open....

EqtTrdr · Oct 18, 2006

we need more top calls $$$$

krazykarl · Oct 18, 2006

Quote from EqtTrdr:

we need more top calls $$$$

yes - yes we do....

i for one am curious on the market behavior here, related to the programs.

will a simple index number, dow12k, be an important enough varriable in algorithms to cause action? oooo, the suspense!

anyone have any other indicators that are flashing buy/sell over the past 5 sessions?