Thoughts
#1
Posted 03 August 2007 - 09:49 AM
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
#2
Posted 03 August 2007 - 10:12 AM
Well the obvious trend is down but be careful,... my short term indicator have turned ever so slightly...so
I'm using some cash to Buy a little here as a st trade...I may exit at the close or Monday as
we could see a bounce what type of bounce I would expect something like a +25-50 point move in the NDX.
It's likely that the markets may reach some st extreme volatility here soon into the FOMC report Tues.
Trade on reduced positions,...trade safe.
my charts look exactly like the charts from Tuesday which precipitated a big decline...what do you see that leads to higher prices???
thanks!
#3
Posted 03 August 2007 - 10:16 AM
#4
Posted 03 August 2007 - 10:24 AM
But the rate cut is the next move for sure. When are we going to start anticipating it ?
You truly believe the rate cut is on the way? I do not think so, FED could not cut the rate even there is a defilation. unless you believe we can afford even weaker us dollar.
#5
Posted 03 August 2007 - 10:27 AM
I think there is a good chance that the Fed will change its tone on Tuesday to calm the markets down.
Nope! it would kill the US peso...
#6
Posted 03 August 2007 - 10:37 AM
I think there is a good chance that the Fed will change its tone on Tuesday to calm the markets down.
Nope! it would kill the US peso...
Credit and liquidity at this point are more important then US peso, IMO.
#7
Posted 03 August 2007 - 10:37 AM
lolI think there is a good chance that the Fed will change its tone on Tuesday to calm the markets down.
Nope! it would kill the US peso...
#8
Posted 03 August 2007 - 11:10 AM
But the rate cut is the next move for sure. When are we going to start anticipating it ?
You truly believe the rate cut is on the way? I do not think so, FED could not cut the rate even there is a defilation. unless you believe we can afford even weaker us dollar.
Next year is an election year. After that the FED can raise to it's hearts content.
For certain I would not be looking for an increase until after the elections.
KC
#9
Posted 03 August 2007 - 11:16 AM
Next year is an election year. After that the FED can raise to it's hearts content.
For certain I would not be looking for an increase until after the elections.
KC
my thought - dont know if the import is the same when the incumbent cannot run - any action is more or less equally felt by the two new party faces, and thus apolitical. It would actually help anyone elected to have the worst happen now.
FWIW
klh
klh