tag:blogger.com,1999:blog-12333088.post4112616473709511701..comments2023-11-10T05:07:19.026-05:00Comments on Carl Futia: Long one unit at 1063.00Carl Futiahttp://www.blogger.com/profile/01624989905417650273noreply@blogger.comBlogger17125tag:blogger.com,1999:blog-12333088.post-87587276800989968052009-10-09T15:50:20.534-04:002009-10-09T15:50:20.534-04:00back after playing golf..as i had posted, a narrow...back after playing golf..as i had posted, a narrow range day and i didnot want to waste my time..<br /> <br />It is negative that market couldn't reach year high, today was a great excuse to do it..<br /><br />As a IT bear, i am encouraged. Market sure looks like it is in the topping process..andihttps://www.blogger.com/profile/01602176400384456285noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-30349885316412291752009-10-09T15:46:51.357-04:002009-10-09T15:46:51.357-04:001070 SPX looks pretty tough to get over! Lets see ...1070 SPX looks pretty tough to get over! Lets see if we can hurdle it next week...extraderhttps://www.blogger.com/profile/03032122744040672879noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-24400979114183848532009-10-09T15:41:27.936-04:002009-10-09T15:41:27.936-04:00Well, if you think that the recovery is for real a...Well, if you think that the recovery is for real and we are in a V recovery, then GDP will start to grow at 3% or more which would give the FED reason to hike rates!<br /><br />Don't forget that the market usually leads 6-9mths of what the economy will do, so if this BULL is for real, i see a V recovery in the economy and a rate hike soon!extraderhttps://www.blogger.com/profile/03032122744040672879noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-51804801354361281222009-10-09T15:32:56.885-04:002009-10-09T15:32:56.885-04:00Caution:
I have been tracking GE with the SPX fro...Caution:<br /><br />I have been tracking GE with the SPX from this move up and they have been holding hands together... The last couple sessions they have gone in opposite direction!extraderhttps://www.blogger.com/profile/03032122744040672879noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-19940729466169273822009-10-09T15:14:30.818-04:002009-10-09T15:14:30.818-04:00Rate hike is the most ridiculous idea I have heard...Rate hike is the most ridiculous idea I have heard recently.Anonymoushttps://www.blogger.com/profile/04074064278356229836noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-8409344881699737652009-10-09T15:12:42.832-04:002009-10-09T15:12:42.832-04:00TRADE ALERT: Out of /ES long at 1066.50; +4.25. Wa...TRADE ALERT: Out of /ES long at 1066.50; +4.25. Was impressed with how IBM and INTC traded today.Teichhttps://www.blogger.com/profile/08047779768753305475noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-64305998748759668272009-10-09T14:49:08.487-04:002009-10-09T14:49:08.487-04:00I know lots of folks don't give a lot of crede...I know lots of folks don't give a lot of credence to EW, but it does look like the dollar could have completed of a 5 wave move down at 75.91. (Of course, there are always alternate counts in EW, so an alternate count is expecting one more move down to around 74.50.)<br /><br />Once this 5 wave move down is complete, we should be in for a multi-month move up which should take the dollar to at least 81 or 82 and very likely much higher.pimaCanyonhttps://www.blogger.com/profile/09477196225992507658noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-4150229569555244612009-10-09T14:41:44.569-04:002009-10-09T14:41:44.569-04:00Extrader -
You really need to do some homework. E...Extrader -<br /><br />You really need to do some homework. Every Treasury Secretary for the last several Administration's has talked "tough" about wanting a "strong" Dollar. But it is just that . . . TALK.<br /><br />The Bernanke "game-plan" is to re-inflate and keep interest rates as low as possible for as LONG AS POSSIBLE.<br /><br />Hence, the big move up in energy, coal, steel, nat-gas, drilling, and other basic material and cyclical names this year.<br /><br />Emergency rate hike?<br />To do what?<br /><br />Send the unemployment rate over 10%???<br /><br />Doesn't make any sense.Wags94101https://www.blogger.com/profile/17739473911489005682noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-36710090806201744262009-10-09T14:14:51.079-04:002009-10-09T14:14:51.079-04:00You guys are awaking my contrarian bear.You guys are awaking my contrarian bear.unleadedhttps://www.blogger.com/profile/07089496439500852734noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-83779029574018785742009-10-09T14:13:52.327-04:002009-10-09T14:13:52.327-04:00Emergency rate hike? You've got to be kidding...Emergency rate hike? You've got to be kidding me. No chance! Fed funds isn't predicting a rate hike until next March at the earliest. As far as bank earnings go, i suspect they will be decent. Trading profits have to be good with the market runup and the refi business is booming.DLhttps://www.blogger.com/profile/02248519947712697089noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-24493097120650584762009-10-09T13:11:57.859-04:002009-10-09T13:11:57.859-04:00Want to make a quick comment about the dollar. Ge...Want to make a quick comment about the dollar. Geitner, Summers and Bernake are all saying that there is a need for a STRONGER dollar... I think the central banks meet this weekend and could they perhaps do an emergency rate hike over the weekend? Just a word of caution out here about the dollar and how it would affect the markets!<br /><br />any thoughts?<br /><br />Thanksextraderhttps://www.blogger.com/profile/03032122744040672879noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-60904130710144751202009-10-09T13:03:22.861-04:002009-10-09T13:03:22.861-04:00I am joining you by going long at 1062.25, which w...I am joining you by going long at 1062.25, which was posted in real time at:<br /><br />http://obamagirl7.blogspot.com/2009/10/market-thoughts-for-oct-9.html#comment-19681817Teichhttps://www.blogger.com/profile/08047779768753305475noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-77763963876776037812009-10-09T12:54:32.003-04:002009-10-09T12:54:32.003-04:00Watch Earnings: 10/12 GS 10/14 C and JPM 10/15 B...Watch Earnings: 10/12 GS 10/14 C and JPM 10/15 BAC. If they report well then your shorts are going to get killed...... I would be careful<br /><br />Thanks<br />JosephJosephhttps://www.blogger.com/profile/16995866473007547296noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-44375114993101708482009-10-09T12:43:56.184-04:002009-10-09T12:43:56.184-04:00kishore, i did not say crash is certainty..only pr...kishore, i did not say crash is certainty..only probable.<br />Just like there is a high probabilty of at least another leg down if not market peak...<br />R/R kishore. And carl knows it very much.andihttps://www.blogger.com/profile/01602176400384456285noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-38987016426256664672009-10-09T12:41:48.029-04:002009-10-09T12:41:48.029-04:00Carl,
You have a mid-day update on todays action ...Carl,<br /><br />You have a mid-day update on todays action and overall market condition... pretty slow day, but looking to go long around ur entry!<br /><br />Thxextraderhttps://www.blogger.com/profile/03032122744040672879noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-18968628511520736472009-10-09T12:20:52.836-04:002009-10-09T12:20:52.836-04:00andi, are you going to risk missing the crash?andi, are you going to risk missing the crash?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12333088.post-88192099013479629332009-10-09T09:59:19.574-04:002009-10-09T09:59:19.574-04:00market will be in tight range perhaps 1065-1059 to...market will be in tight range perhaps 1065-1059 today..i am not initiating any position todayandihttps://www.blogger.com/profile/01602176400384456285noreply@blogger.com