42 replies to this topic

[thespookyone]

Is it possible that you guys stop posting these funeral talks please?

OK, this ought to cheer you up....

http://bigcharts.mar...&mocktick=1.gif

20 probably stops the drop, merry Christmas

[arbman]

Is it possible that you guys stop posting these funeral talks please?

OK, this ought to cheer you up....

http://bigcharts.mar...&mocktick=1.gif

20 probably stops the drop, merry Christmas

Semis led the decline within tech yet it puts in a higher low and closes the week up, well barely. But the looks weak for the sell side, how should this go down to $20??? Just asking, TIA!

[pisces]

Is it possible that you guys stop posting these funeral talks please?

OK, this ought to cheer you up....

http://bigcharts.mar...&mocktick=1.gif

20 probably stops the drop, merry Christmas

Semis led the decline within tech yet it puts in a higher low and closes the week up, well barely. But the looks weak for the sell side, how should this go down to $20??? Just asking, TIA!

arb,since you ask.
the chart shows a pretty neat desc triangle starting in late may. the a,b,c,d is done [volume confirming] an e,bounce to ~27.00
would look good then if it breaks 25.00 on the downside the TRI measures to 20.00 voila, TWT.
pisces.

[zoropb]

If the sentiment is bad enough we may get it. But I don't know it's bad enough or not
RD: How bad is the sentiment?

BULL/BEAR RATIOS:
Thrift S Plan: 08/27/10 44%
AAII: (as of 8/18/2010) 42%

Tickersense: 08/20/10 50%
Thrift S Plan: 08/20/10 32%
AAII: (as of 8/11/2010) 57%

Tickersense: 08/13/10 54%
Thrift S Plan: 08/13/10 62%
AAII: (as of 8/4/2010) 44%

Tickersense: 08/06/10 78%
Thrift S Plan: 08/06/10 51%
AAII: (as of 7/28/2010) 55%

Tickersense: 7/30/2010 78%
Thrift S Plan: 07/30/10 50%
AAII: (as of 7/22/2010) 42%

Tickersense: 7/22/2010 58%
Thrift S Plan: 7/22/2010 50%
AAII (as of 7/14/2010) 51%

Tickersense: 07/16/10 88%
Thrift S Plan:07/16/10 59%
AAII: (as of 7/7/2010) 27%

RD just wanted to say I appreciate your sentiment round up post I do not always go to all of them as I get so heavily into my own work.

Thanks Bud,
Z

[Rogerdodger]

Now if we could just figure out what they mean.
That bottom one is interesting where AAII had a very low number and it looks like the TickerSense bloggers jumped all over it...and they were right.
However the date looks wrong, so I'll have to double check it.

RD just wanted to say I appreciate your sentiment round up post I do not always go to all of them as I get so heavily into my own work.

Thanks Bud,
Z

Edited by Rogerdodger, 23 August 2010 - 09:32 AM.

[arbman]

BTW, Roger... I believe US will grow out of its debt problems, however the standard of living for the next generations will be lower and lower... The debt will never be paid back per se, only the income levels will bounce with inflation, but people will learn to consume less for the same cost eventually.

[SemiBizz]

I felt like there was a heavy cloud over the market because of the Iran NUKE deal.
Getting thru the weekend without any action should allow the markets to breathe a sigh of relief, however temporary.

Until they look up at the EURO and it's crashing when it should be rallying...

There's your REAL worry.

Walker's World: Autumn crisis looms

PARIS, Aug. 23 (UPI) -- The autumn crisis will start in the eurozone. As the summer ends and the tourists return home from the beaches of Greece and Spain, Portugal and Italy, the summertime flood of their spending will no longer be available to prop up the Mediterranean economies.

The spread on Greek bonds is already as wide now as it was before the European Union launched its massive trillion-dollar bailout package in May. Bond buyers are demanding 8.35 percent more interest than they do on German bonds. And the European Central Bank has now notched up some $450 billion in new debt for the troubled eurozone countries.

How bad will the autumn crisis be? That will depend on a number of factors but two of the most important will be the militancy of eurozone public faced with spending cuts and shrinking living standards and the political will of governments to resist.

Any repeat of the Greek riots of this spring would ring load alarm bells across the markets. The prospects are troubling. Labor union leaders in Greece, where the unemployment rate is more than 20 percent (and has reached 70 percent in some depressed areas) are predicting a hot autumn. Senior members of the governing Pasok party warn that their own government is provoking a "social explosion."

Urging Greece to bear the pain now for the country's long-term good, EU Commission spokesman Amadeu Altafaj said last week: "We are aware of the social tensions that exist. This impact from these important reforms is certain, we will not play with words with that."

Across the EU, governments have announced a total of $600 billion in public spending cuts over the next three years (almost one-third of the cuts in Britain alone). But already governments are starting to back from their own austerity packages. Spain has already started to undo its planned public spending cuts, reprieving a $600 million reduction in spending on road and rail projects.

(More at link)

If the global economy was recovering healthily, it could take the shock of the new eurozone crisis that will begin in Greece once the tourists leave. But it isn't so it won't.

[arbman]

Thanks for sharing this Semi...

[Dex]

BTW, Roger... I believe US will grow out of its debt problems, however the standard of living for the next generations will be lower and lower... The debt will never be paid back per se, only the income levels will bounce with inflation, but people will learn to consume less for the same cost eventually.

Give this a read.

http://www.traders-t...howtopic=122779

[arbman]

Give this a read.

Well I know what may happen ultimately, but I am just saying there is one more generational cycle to go UP after this one bottoms in a few years...