Edited by atlasshrugged, 13 April 2010 - 01:34 PM.
the odds are heavily against the mkt tonight for further appreciation
Started by
atlasshrugged
, Apr 13 2010 01:33 PM
12 replies to this topic
#1
atlasshrugged
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Posted 13 April 2010 - 01:33 PM
and dispels another bell ringing top!
#2
fib_1618
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Posted 13 April 2010 - 01:39 PM
FWIW...my customers from the Folsom complex have shared with me in recent weeks that business is "very good".
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
#3
atlasshrugged
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Posted 13 April 2010 - 01:47 PM
yes but the mkt already knows that because intc is up a full point from its last earnings release..lol
Edited by atlasshrugged, 13 April 2010 - 01:47 PM.
#4
tommyt
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Posted 13 April 2010 - 02:02 PM
FWIW...my customers from the Folsom complex have shared with me in recent weeks that business is "very good".
Fib
yes, its also on cnbc also how good the quarter is going to be...only a mind blowing number will make it go up IMO. I think most shares are in this boat coming into their number.
#5
atlasshrugged
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Posted 13 April 2010 - 02:08 PM
FWIW...my customers from the Folsom complex have shared with me in recent weeks that business is "very good".
Fib
yes, its also on cnbc also how good the quarter is going to be...only a mind blowing number will make it go up IMO. I think most shares are in this boat coming into their number.
i think the mkt is thinking about what happened last quarter when it sold off on earnings and is anticipating the same thing so i think the surprise is to the upside
it not like the economy has gotten worse since last quarter...look at all the government jobs being created
Edited by atlasshrugged, 13 April 2010 - 02:10 PM.
#6
tommyt
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Posted 13 April 2010 - 02:27 PM
ah yes, there's 5 o'clock charlie with a 1000 tick flyby...hit all the day stops.
#7
andr99
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Posted 13 April 2010 - 02:29 PM
possibly whatever intel does..........no one cares, anyone could be looking at finacials. They have triggered the sell off in 2007 and probably they are going to lead again
forever and only a V-E-N-E-T-K-E-N - langbard
#8
Mtrader
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Posted 13 April 2010 - 02:36 PM
Financial groups are making money hand over fist. Cheap money can be invested in high risk bets. Markets have been very supportive with virtually no correction. BLOW OUT NUMBERS FOR FINANCIAL
You are on your own. This is for demonstration only.
JV
JV
#9
atlasshrugged
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Posted 13 April 2010 - 02:37 PM
possibly whatever intel does..........no one cares, anyone could be looking at finacials. They have triggered the sell off in 2007 and probably they are going to lead again
nah....the retail option trader is heavily bullish and they are rarely wrong
#10
andr99
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Posted 13 April 2010 - 02:41 PM
Financial groups are making money hand over fist. Cheap money can be invested in high risk bets. Markets have been very supportive with virtually no correction. BLOW OUT NUMBERS FOR FINANCIAL
in the next two days we will know. Lately reading this forum I asked myself how many back in late 2007 were posting here concerns about the markets' valuations. I bet it was a chorus of ''enjoy the ride''. Right like now
forever and only a V-E-N-E-T-K-E-N - langbard
