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Anthracite Capital, Inc. Message Board

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  • Carolyn_Novice Carolyn_Novice Sep 23, 2002 11:01 AM Flag

    Market off 180 pts AHR up .18

    International Markets Giving Sell Signal

    From the March 19 closing high of 10635, the Dow turned down and by July 23 the Dow had sunk to a closing price of 7702.

    Once the July lows are tested, then violated, the market will head down to the final bottom of this particular leg of the bear market. It won't be a pretty sight, but let's face it, this market hasn't been pretty for over two years.

    Dow Transportation and international market giving sell signal.

    France CAC 40 ^FCHI 10:57am 2,783.35 -107.47��. -3.72%
    Germany DAX ^GDAXI 10:37am 2,923.36 -142.37�� -4.64%
    Sweden Stockholm General ^SXAXPI 10:37am 138.07. -4.92�� -3.44%
    Switzerland Swiss Market ^SSMI 10:57am 4,590.40 -147.10�� -3.11% ...
    United Kingdom FTSE 100 ^FTSE 10:37am 3,750.50 -109.60��. -2.84% ..

    Carolyn

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    • yeah......hope you shorted all the EU stocks Harvey to make up for your AHR losses ........

      but why tell us about it here at AHR ?

      EU is the land of 30 hour work weeks and cradle to grave state support of you ..... how can they not drop like a stone when their economies depend on tourism or making things to sell to USA ?

    • working_on_my_first_million working_on_my_first_million Sep 23, 2002 12:28 PM Flag

      still working, btw....

    • Carolyn_Novice says: "From the March 19 closing high of 10635, the Dow turned down and by July 23 the Dow had sunk to a closing price of 7702." "Once the July lows are tested, then violated, the market will head down to the final bottom of this particular leg of the bear market.."

      That is hilarious!!!

      The markets have been crashing all over and the guru you follow has you shorting AHR which is UP!!!

      You could have been filthy rich by shorting ANY of a 1,000 better stock picks!

      And now you are still trying to tell us how we should invest?

      You need to take lessons from us, Carolyn before you end being a novice by being smarter but broke! LOL

    • working_on_my_first_million working_on_my_first_million Sep 23, 2002 12:28 PM Flag

      Harvey,
      Glad to know that the transportation index may be heading lower, I was worried for a sec there. I guess I better sell my ford stock. Ya know I heard there was an elvis sighting in Utah, that must be bullish for the consumer staples. How many identities did you add to your normal name? I think the count is at 8 or so, now. Hey, no matter what, just make sure you pay me my div, mmmk?

 

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