dj futures up 8.....copper up 520..........to 358...some genius as i recall sed 400 will never be seen again.........snort
nikei up 300
Started by
da_cheif
, Apr 15 2007 09:04 PM
4 replies to this topic
#1
da_cheif
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#2
The End
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Posted 15 April 2007 - 09:06 PM
dj futures up 8.....copper up 520..........to 358...some genius as i recall sed 400 will never be seen again.........snort
So what. (in regards to the nickme being up 300) So What.
NONE of what I type should be taken as financial advice.
#3
nimblebear
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Welcome to the Dark Side !
Posted 15 April 2007 - 09:32 PM
300. I was just going to post that. 
. I'd hate to be short the US indices tomorrow. Did somebody load up short ?
. I'd hate to be short the US indices tomorrow. Did somebody load up short ?
OTIS.
#4
jawndissedi
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Posted 15 April 2007 - 09:49 PM
Fergedabout Nikki. Joe Battipaglia has turned into a raging bear! This is good for at least 600 points on the upside.
JOE BATTIPAGLIA, chief investment officer at Ryan Beck & Company, has a similar view. He is not sure that companies can match even the current earnings growth forecasts.
“Earnings growth expectations for the S.& P. 500 may be too high,” Mr. Battipaglia said.
Noting that net new borrowing by consumers was down 38 percent in the fourth quarter of 2006, versus the period a year earlier, he sees the prospect of a “consumer-led pullback” for the first time in 15 years.
This would hurt the stock market, he said, with the S.& P. dropping 5 percent or more.
JOE BATTIPAGLIA, chief investment officer at Ryan Beck & Company, has a similar view. He is not sure that companies can match even the current earnings growth forecasts.
“Earnings growth expectations for the S.& P. 500 may be too high,” Mr. Battipaglia said.
Noting that net new borrowing by consumers was down 38 percent in the fourth quarter of 2006, versus the period a year earlier, he sees the prospect of a “consumer-led pullback” for the first time in 15 years.
This would hurt the stock market, he said, with the S.& P. dropping 5 percent or more.
Da nile is more than a river in Egypt.
#5
hedgehawk
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Posted 15 April 2007 - 10:05 PM
300. I was just going to post that.
I will take the first leg of June Put positions on MDY @ 159.10, SPY @ 146.19, DIA @ 126.75, OIH @ 155.18 and XLE @ 64.08 when the touch their respective upper BBs on daily charts on Monday morning. Although I am neutral on the market, a hot CPI could knock the indices back to their 20 day MA's. If these triggers are not reached Monday then the play is void. Hopefully I am not early........
