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this morning's inflation adjusted GDP report

Started by humble1 , Feb 27 2009 06:24 AM

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5 replies to this topic

#1 humble1

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Posted 27 February 2009 - 06:24 AM

range: -6.1% to -3.8%.

that sets up the drama and surely has a lot to do with the late anxiety driven sell-off, after ugly reports on the deficit, new claims, and durable goods came in yesterday. this link is to the bloomberg consensus and charts:

http://www.bloomberg...ndar/index.html

since i believe the worst is factored in, i look for a sharp rally today.

fwiw.

Edited by humble1, 27 February 2009 - 06:29 AM.

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#2 Swiss Trader

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Posted 27 February 2009 - 07:38 AM

Rally? Hope we hold 715 today @°§#*#@!!! Stopped out the ES long from 760

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#3 humble1

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Posted 27 February 2009 - 07:53 AM

swissie: now, take a look at those swirly thingy's just above, as in #4. we just finished building a pyramid, 11/21->2/23. get your chisel out and let's get to work on this next one. we can do better!

Edited by humble1, 27 February 2009 - 07:55 AM.

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#4 norton

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Posted 27 February 2009 - 08:41 AM

Good morning Zen! what Starbucks are you posting from today?

Please, help stamp out vibration.

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#5 humble1

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Posted 27 February 2009 - 10:24 AM

norton: you seem to have a lot of time and your hands and most of it is thinking about me, LOL. looks like we will close UP for the day, maybe engulphing multiday. p.s. do YOU ever make any posts yourself? p.p.s. if you were so interesting in having me banned, why do you keep reading my posts?

Edited by humble1, 27 February 2009 - 10:28 AM.