I agree that these economic slow down stories are a bit overblown for now. The market is trying to discount and take advantage of a correction. The bearish sentiment surged now, let's see where it will take the indices.
Although there is a clear decline in the liquidity, the dollar still didn't bounce much, so there must be still plenty of liquidity out there. It is just excessive pull and push for now, or overreaction, selling that begets more selling...
They will all rush back in one more time at least even if there is any sustained downtrend or more correction afterward. I expect more pull and push in the days ahead until the A/D momentum turns, but I think the worst is probably over for now...
- kisa
There is ecomonic data
Started by
da_cheif
, Mar 06 2007 10:22 AM
16 replies to this topic
#12
short_seller
-
- Traders-Talk User
- 19 posts
Member
Posted 06 March 2007 - 01:58 PM
I agree that these economic slow down stories are a bit overblown for now. The market is trying to discount and take advantage of a correction. The bearish sentiment surged now, let's see where it will take the indices.
Although there is a clear decline in the liquidity, the dollar still didn't bounce much, so there must be still plenty of liquidity out there. It is just excessive pull and push for now, or overreaction, selling that begets more selling...
They will all rush back in one more time at least even if there is any sustained downtrend or more correction afterward. I expect more pull and push in the days ahead until the A/D momentum turns, but I think the worst is probably over for now...
- kisa
Kisa, I'd really like to see your updated commercial credit growth chart. Actually if you just share where do you get the data, it would be enough.
Many thanks.
#13
arbman
-
- Traders-Talk User
- 19,504 posts
Quant
Posted 06 March 2007 - 02:45 PM
Fed H.8 release... I filter of my own, but I provided some links here
Wait a minute, you asked me the same question months ago...
I will post tonight an updated chart, the last time I checked about a week ago, it was still declining full speed...
Wait a minute, you asked me the same question months ago...
I will post tonight an updated chart, the last time I checked about a week ago, it was still declining full speed...
#14
Tor
-
- Traders-Talk User
- 7,647 posts
Member
Posted 06 March 2007 - 03:10 PM
http://www.siliconin...?msgid=23342764
http://www.siliconin...subjectid=52296
Cheif earnings momo and trend directly impact the market and that is turn is affected by the overall economy.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#15
short_seller
-
- Traders-Talk User
- 19 posts
Member
Posted 06 March 2007 - 03:13 PM
Wait a minute, you asked me the same question months ago...
I thought that too! LOL And instead of going through my bookmarks or searching trader-talk I took the easy road out.
Actually I just couldn't recall it. I guess I am getting old. Thanks kisa.
#16
da_cheif
-
- Traders-Talk User
- 10,964 posts
Member
Posted 06 March 2007 - 07:15 PM
http://www.siliconin...?msgid=23342764
http://www.siliconin...subjectid=52296
Cheif earnings momo and trend directly impact the market and that is turn is affected by the overall economy.
u thinkso eh...
#17
short_seller
-
- Traders-Talk User
- 19 posts
Member
Posted 10 March 2007 - 12:20 AM
Kisa, one question if I may.
I am looking at two documents. First being TOTBKCR.xls which is H.8 - Bank Credit of All Commercial Banks and second being your RUA-BKCR.xls document (yeah you've already done all the work). I see that BKCR data in your document is slightly different than H.8 data. What am I missing?
TIA
