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everybody ready for monday???


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#31 fib_1618

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Posted 12 January 2008 - 03:04 PM

hey guys, keep ur eyes on the inffffflattion figures.

You mean that stock prices can't "inflate" as well?

Fib

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#32 Rogerdodger

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Posted 12 January 2008 - 04:46 PM

hey guys, keep ur eyes on the inffffflattion figures.

You mean that stock prices can't "inflate" as well?

Fib


Not so far:
:blink:
http://stockcharts.com/c-sc/sc?s=$SPX:$GOLD&p=D&yr=3&mn=0&dy=0&i=p48202199993&a=127476792&r=7095.png

#33 fib_1618

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Posted 12 January 2008 - 07:49 PM

Not so far

Actually, the ratio used screams "inflation" - just like every other commodity that is priced in US Dollars.

Apply the same ratio to bonds and commodities and you'll see what I mean.

Fib

http://stockcharts.com/c-sc/sc?s=$SPX:$GOLD&p=D&st=2000-01-01&i=p66648686517&a=127755983&r=3622.png

Edited by fib_1618, 12 January 2008 - 07:51 PM.

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#34 traderpaul

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Posted 13 January 2008 - 01:47 AM

Hey Chief.....This is the problem with you snort theory.....7 bad apples out of 10.....No way Jose.....
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay

#35 da_cheif

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Posted 13 January 2008 - 09:04 AM

Hey Chief.....This is the problem with you snort theory.....7 bad apples out of 10.....No way Jose.....



2nd waves allways look ugly........ :lol:

#36 fib_1618

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Posted 13 January 2008 - 03:20 PM

2nd waves always look ugly

Especially 2nd wave flats.

2nd waves are ''reinforcement'' waves that seem to confirm the overall feeling of wave 1. In this example, those who suggested that more downside was coming during wave 1, will come back to those same people and say ''I told you so''. The other characteristic of 2nd waves is that the level of anxiety will generally be more acute than it was prior to beginning of wave 1, but now at higher price levels that were seen at the actual bottom.

Fib

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"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

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#37 SemiBizz

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Posted 13 January 2008 - 04:14 PM

The S&P/ASX 200 Index futures due in March dropped 47 to 5,957 at 6:49 a.m. in Sydney. (Bloomberg)



China's Growth May Finally Slow at Worst Time for World Economy

China is starting to gain control of its turbocharged economy, just as a U.S. slowdown raises the risks of doing so.

A narrowing trade surplus and declining money-supply growth are among the first signs that the world's fourth-largest economy is pulling back from its fastest expansion in 13 years. The government has raised interest rates six times in a year, restricted credit, frozen some prices and let the currency appreciate to damp growth and inflation.

The risk is that, with months of effort to cool off China finally taking hold when the U.S. is already flirting with recession, both main engines driving the global economy may power down at the same time.




Bloomberg Monday Morning in Asia.

Edited by SemiBizz, 13 January 2008 - 04:18 PM.

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#38 CHAx

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Posted 15 January 2008 - 12:54 AM

:P



nice call when everyone else is screaming spx 1350 or worse. What's your target anyway cheif?