Edited by ogm, 16 August 2007 - 09:47 AM.
hmm.... All this slaughter and banks are green.
Started by
ogm
, Aug 16 2007 09:46 AM
8 replies to this topic
#1
ogm
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Posted 16 August 2007 - 09:46 AM
Elsewhere its absolute destruction.
EPC 1.2, VIX 34.... Massive panic selling.
And banks are green...
Maybe US financial system isn't imploding after all ?
Look at BAC sitting at multi day highs. Shouldn't it be leading the way in the implosion of the finanical system ?
#2
TTHQ Staff
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Posted 16 August 2007 - 09:50 AM
Elsewhere its absolute destruction.
EPC 1.2, VIX 34.... Massive panic selling.
And banks are green...
Maybe US financial system isn't imploding after all ?
Look at BAC sitting at multi day highs. Shouldn't it be leading the way in the implosion of the finanical system ?
Odd, considering William Poole, president of the St. Louis Federal Reserve Bank, said in an interview yesterday that the subprime mortgage rout doesn't threaten economic growth, and only a ``calamity'' would justify an interest-rate cut now.
A calamity?
Call me Jane.
#3
eminimee
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Posted 16 August 2007 - 09:51 AM
now another inverted H&S on es ..neckline at 1401...would be good for 11 points...but would want 1494/95 to hold the downside..short term [bleeeep]....long at 91..breakeven stop now
#4
mss
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Posted 16 August 2007 - 09:53 AM
Check out the T-Bill and rates last few days. Cutting the rate the easy way?????
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#5
DraggdOut
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Posted 16 August 2007 - 09:57 AM
watch the RUT too.
Emotions aside we have every reason to bounce starting right here.
#6
traderpaul
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Posted 16 August 2007 - 10:02 AM
Watch AAPL, RIMM and GOOG.....They are dumping them now.....
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
#7
ogm
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Posted 16 August 2007 - 10:04 AM
Watch AAPL, RIMM and GOOG.....They are dumping them now.....
And yet AMAT, MSFT, INTC are green.
#8
eminimee
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I don't care who's fur is flying...
Posted 16 August 2007 - 10:31 AM
sorry for posting here ogm...I always feel I have to follow up on trades....I got to stop posting them in the first place! took half off at 1400 stop on balance breakeven...no more...sorry for taking up space here..
#9
diogenes227
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Posted 16 August 2007 - 03:27 PM
This was a sharp, really sharp, early-in-the-day observation that played out in the market's massive intraday reversal. Great, great, GREAT! Thanks for the post. And thanks for thinking so clearly.Elsewhere its absolute destruction.
EPC 1.2, VIX 34.... Massive panic selling.
And banks are green...
Maybe US financial system isn't imploding after all ?
Look at BAC sitting at multi day highs. Shouldn't it be leading the way in the implosion of the finanical system ?
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
