everyone have a nice weekend
Hank
hmmmmmm ...
Started by
Frac_Man
, Aug 10 2007 02:30 PM
10 replies to this topic
#1
Frac_Man
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Hank Wernicki M.A.
#2
NAV
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Posted 10 August 2007 - 02:34 PM
everyone have a nice weekend
Hank
What happened to 1998 ?
#3
Mtrader
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Posted 10 August 2007 - 02:37 PM
1998 was a nice bottom. As long as you don't over commit. IT is ia great buying opportunity. I am ready.
You are on your own. This is for demonstration only.
JV
JV
#4
rkd80
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Posted 10 August 2007 - 02:37 PM
everyone have a nice weekend
Hank
I mentioned this to Nav earlier, Feb 27th all over again. When the 2nd March low was made, it was done in 2 days. Huge red candle, then a reversal candle. May be the exact same thing....but with bottoming internals.
“be right and sit tight”
#5
relax
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Posted 10 August 2007 - 02:40 PM
against this backdrop inflation data will be even more vital
core inflation too high and we will go even lower
#6
humble1
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Posted 10 August 2007 - 02:42 PM
no. no bottom, imho. the market did not sell off today as i, too, had expected. but i really believe this is not good news.
a bear market is a story of FAKE double bottoms. and today's action probably deletes my idea of a fed cut next week - NOT good news, just a set-up for more bleeding.
#7
CNSZ
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Posted 10 August 2007 - 02:45 PM
everyone have a nice weekend
Hank
What happened to 1998 ?
You think we are in better shape than yesterday? NO. the FED injection can save the market or not is still in question. But one thing for sure is that inflation is coming. While financial market is weak combine with high inflation and weak dollar, you tell me how FED and save us?
#8
Frac_Man
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Hank Wernicki M.A.
Posted 10 August 2007 - 02:46 PM
It's not going away <<<< a pause that refreshes :-)
cheers
cheers
everyone have a nice weekend
Hank
What happened to 1998 ?
#9
BigBadBear
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Posted 10 August 2007 - 02:47 PM
ooooooooo......i love the coded speech.
Seriously though how much is it to sign up for a weak of froctals?
I'm thinkin what do I have to lose.
Edited by BigBadBear, 10 August 2007 - 02:49 PM.
#10
NAV
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Posted 10 August 2007 - 02:51 PM
everyone have a nice weekend
Hank
What happened to 1998 ?
You think we are in better shape than yesterday? NO. the FED injection can save the market or not is still in question. But one thing for sure is that inflation is coming. While financial market is weak combine with high inflation and weak dollar, you tell me how FED and save us?
I am not that smart. I only know how to trade and make money !
Let the Fed worry about it. That's their day job
Edited by NAV, 10 August 2007 - 02:52 PM.
