6 replies to this topic

[A-ha]

Please vote. Thanks.

Edited by xD&Cox, 28 February 2007 - 11:35 PM.

[Rogerdodger]

YES! If it's the bottom.

Edited by Rogerdodger, 28 February 2007 - 11:44 PM.

[jawndissedi]

I'm gonna be really, really disappointed if we don't test that 200 DMA. With the requisite overshoot, I figure that's about 70 points. I'd cover shorts there with the intention of re-shorting at higher levels. As for going long, I'm waiting for 1035.

[A-ha]

From what I saw and heard today, this picture would be more appropriate

Edited by xD&Cox, 28 February 2007 - 11:58 PM.

[jawndissedi]

BTW, I've seen a rumor tonight that the PCE is going to print down 1% tomorrow morning. It's probabaly BS, but if it turned out to be true, you'd have a really good chance of hitting that 200 DMA by week's end.

[arbman]

Actually he is the one sending the alarm signals today at his speech...

Here's a link to his speech. He is projecting a lot of deficit problems into the next decade, he is essentially saying that either the dollar is in trouble or the economy will have tremendous pain (higher taxes) or both. He says the GDP to debt ratio situation to reach 100% by 2020-2030, similar to pre-WWII levels. I think those will come faster, imho...

- kisa

Edited by kisacik, 01 March 2007 - 12:44 AM.

[bobalou]

today is IRA $s let's see how much ?