The only thing I can think of is they all report in August...
Now what do these guys know about August we don't know yet?
If this is the End of the World Crash...
Started by
SemiBizz
, Jul 25 2007 12:41 PM
8 replies to this topic
#1
SemiBizz
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Volume Dynamics Specialist
Posted 25 July 2007 - 12:41 PM
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#2
Knight09
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Posted 25 July 2007 - 12:45 PM
The only thing I can think of is they all report in August...
Now what do these guys know about August we don't know yet?
These are also all the stocks "hyped" by Cramer on CNBC.
FWIW.
#3
arbman
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Posted 25 July 2007 - 12:51 PM
What should they pour all that cash into? Banks?!? 
Energy UP big, materials and commodities UP big, industrials UP big, what's left to rally? Tech!
See, if the banks go lower or stay in the downtrend, all of the above will come down, I guess they start the list from the bottom though!!!
The dumb money is still buying, we saw the amount of calls waiting to jump in this morning, the opening equity P/C was around 0.49!!!
They will have to condition the crowd again, well, they will have to find the money to bust the shorts again too...
The USD is bouncing, sooner or later, the credit conditions will also improve...
- kisa
Energy UP big, materials and commodities UP big, industrials UP big, what's left to rally? Tech!
See, if the banks go lower or stay in the downtrend, all of the above will come down, I guess they start the list from the bottom though!!!
The dumb money is still buying, we saw the amount of calls waiting to jump in this morning, the opening equity P/C was around 0.49!!!
They will have to condition the crowd again, well, they will have to find the money to bust the shorts again too...
The USD is bouncing, sooner or later, the credit conditions will also improve...
- kisa
#4
SemiBizz
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Volume Dynamics Specialist
Posted 25 July 2007 - 12:52 PM
The only thing I can think of is they all report in August...
Now what do these guys know about August we don't know yet?
These are also all the stocks "hyped" by Cramer on CNBC.
FWIW.
Since I don't watch TV Trash, I didn't hear about it. But that would explain the coincidence... it's just another fat setup for August Options Expiry for the boyz... kinda disgusting.
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#5
CNSZ
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Posted 25 July 2007 - 01:06 PM
The only thing I can think of is they all report in August...
Now what do these guys know about August we don't know yet?
These are also all the stocks "hyped" by Cramer on CNBC.
FWIW.
What Cramer says really have a affect? I do not like Cramer, do nor watch his show.
#6
Drano
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Posted 25 July 2007 - 01:12 PM
Cramer sucks in the retail investors.
There's some "Cramerwatch" website that tracks his record. Typically stocks go up after he pushes them, then whammo.
If you want some entertainment, go to Yahoo's GOOG message boards and look at the messages right after GOOG tanked. The invective against Cramer makes it clear that they were just following his recommendation. They weren't real happy that he was cavalier about it the next day, either. (At least, cavalier in their opinions -- I never watch it myself)
#7
ogm
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Posted 25 July 2007 - 01:19 PM
I have no idea why they are pouring into DELL and CSCO. Beats me.
But I'm very bullish on AMAT. Because of their move into solar tech.
Speaking of credit conditions improving... I just picked up a couple high yield funds. Will hold them for a while. SGL and PCN
Maybe will pick up some more tomorrow. Thaqt was quite spoectacular carnage in bond world. I really like the 9% dividends. Probably the biggest mistake ever.
But I'm very bullish on AMAT. Because of their move into solar tech.
What should they pour all that cash into? Banks?!?
Energy UP big, materials and commodities UP big, industrials UP big, what's left to rally? Tech!
See, if the banks go lower or stay in the downtrend, all of the above will come down, I guess they start the list from the bottom though!!!
The dumb money is still buying, we saw the amount of calls waiting to jump in this morning, the opening equity P/C was around 0.49!!!
They will have to condition the crowd again, well, they will have to find the money to bust the shorts again too...
The USD is bouncing, sooner or later, the credit conditions will also improve...
- kisa
Speaking of credit conditions improving... I just picked up a couple high yield funds. Will hold them for a while. SGL and PCN
Maybe will pick up some more tomorrow. Thaqt was quite spoectacular carnage in bond world. I really like the 9% dividends. Probably the biggest mistake ever.
#8
tommyt
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Posted 25 July 2007 - 01:20 PM
end of the world, crashes...why not one step at a time...yes, the internal work looks like crap, and probably says more to come. But, the dow and qqqq's are still above their 50d and Spy is just below it. Hardly crash or very bearish yet....lets pullback and test uptrends/moving averages first and re-evaluate. Ideal scenario is a 3-5% drop in this move...a lazy small up into late Aug, and a bigger Sept/Oct drop.
#9
ogm
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Posted 25 July 2007 - 01:23 PM
end of the world, crashes...why not one step at a time...yes, the internal work looks like crap, and probably says more to come. But, the dow and qqqq's are still above their 50d and Spy is just below it. Hardly crash or very bearish yet....lets pullback and test uptrends/moving averages first and re-evaluate. Ideal scenario is a 3-5% drop in this move...a lazy small up into late Aug, and a bigger Sept/Oct drop.
The dow and Qs are masking the quite a bit of slaughter that was happening over the past couple weeks. If you were short the indexes, it wasn't the best trade, except for RUT, but a lot of individual stocks took a lot of damage. Internals are pretty oversold ST, so don't be surprized if we start bouncing here. At least for a couple days.
