6 replies to this topic

[Jnavin]

It might mark a I/T top -- but not until it's been distributed. That might hold back any huge, massive selling for a few days. Maybe...just thinking out loud...

[Tor]

It might mark a I/T top -- but not until it's been distributed.
That might hold back any huge, massive selling for a few days.
Maybe...just thinking out loud...

was it really rought forward by a day???
tia

[Jnavin]

That's not what I'm saying, Tor. The similarity is that both "big deals" might be the news that marks something significant. That's all.

[relax]

Agree!

Liquidity being used up
Rates will increase further
Double top setups in may countries
No market goal - things can only get worse that it rates will go up eventually
Bears now know they simply need to be patient
Monthly momentum is down unlike february, two corrections within four months has caused too much damage

Nas Composite has a gap at 2.604 - was this move down not just a given

now we move back up at some point and try again with those highs

but bulls have no fuel - Blackstone won't help

The only thing the bears need now is Bank of Japan doing what everybody is expecting in august september

That's not what I'm saying, Tor.
The similarity is that both "big deals" might be the news that marks something significant.
That's all.

[Tor]

That's not what I'm saying, Tor.
The similarity is that both "big deals" might be the news that marks something significant.
That's all.

I agree, but was just asking out of curiosity more than anything.

[Jnavin]

Yeah...now that the market is selling off with force, will they have the balls to go ahead with the IPO or will we see it delayed?

[greenie]

Yeah...now that the market is selling off with force, will they have the balls to go ahead with the IPO or will we see it delayed?

I think they will go in. BX is a piece of junk. even if they get half of the expected price, it is good enough for Steve Swartzman's retirement. He can steal the rest later.