No, you are wrong. Then why did g mills and fed ex drop 30% last week, and forbes reports they are down 9.2% to 2.7 for the quarter, they are going down not up, look it up...
That did'nt happen this past quarter. If you were right, then G mills, fed ex and other's would not have been down over 30% on them. Look that up before calling me a bs'er. Also, this week there was only a few co's that provided in line guidance, I can forward you the email or you can see it yourself on earnings whispers.
As the saying goes, he believes his own bs. Co's came in last week w sp avg down on them 20% for the year, and market rockets up on fed instead, he keeps pushing on his shows.
Will probably gap a bit if japan keeps running higher. Will be slow after that till after holidays are over. Traders I talk to are exhausted as am I.
Fund buying will happen if we stay above the old support line of 17k, and we bust through 5100 on ndx. Because that will be the area for a breakout to carry it all higher. Look for analysts and mgrs to say they are getting into tech as a 'theme' for '15. If that doesn't happen I'd be out and look to see how january effect develops...
The big boys still have their hands on the wheel here. Gonna push it is as high as they can into the close.
Proven dead wrong once again. Q's have vacillated from 98 to 101 in last few weeks, dip buying no longer is that much profitable, a lot has changed. Keep up that paper trading and wait until you don't get a margin call again to start up.
Will raise prices to offset margins. How is that for there is no inflation, more media lies to follow.
Ha ha just got up from one myself. Think you are right, holding here. They are really aggressive w their futures buys, but that hold onto the market has left. Long term fund managers have had the say in what goes on here for six years. They are selling, not buying back into this market for new highs, anymore.
Would like to know, held mjna and hemp, until found the insiders were buying it at low levels and big firms were making sure it doesn't go over .50. Ever, than was confirmed to me buy friend in fund biz.
It won't recover for you to have a second margin call in two months, loss on paper my #$%$. You are what is called a pathological liar.
Maybe read aaron russo's book, but you need to look no further than the banks in this country, who engineered a takeover of ours on behalf of the communists that run them in western europe. I'd also mention they took over england's too many years ago. So you cannot just blame them. These people in our country, should be tried on all their crimes both foreign and domestic.
You are exactly right. The main thing I watch for is something big happening in chicago, not new york anymore like the power being off for a while (the exchanges, like bats w m stanley have been know to get shut off when their side of the trades start collapsing, but that won't be it will be a major power outage like you say here). Cause if these guys can't get to work, the market is screwed, as in citadel and the cme. Where the do the futures trading, and all night and during the day match all the orders.
I was talking to a trading consult over the summer, and he told me some things that really made sense. He said he had gone to college in boston w gates. Had kept in touch w him over the years. A while ago, he ran into him at a conference, and finally had a chance to talk to him after a long time. He said that a group of ceo's got together, and all decided that they would make sure the markets never take such a hit like they had. They hired the best programmers, and math geniuses they could. This is how they can steal profits from any market as well as hold up the us. It haas had nothing to do with the ppt, like I used to think and react to them. I covered this am, and took a lot of emails saying I should have stayed short, or gotten back in. Only now am I doing a small one here...
In the am? Just unbelievable.
I've got friend in mortgage business who's lose their jobs, and ones co's if rates did that and they could'nt do refi's. It's going to happen like it or not.
Double rates worked just fine. You think that's not going to attract money with ours at zero and europe's negative? Sp500 yield's at 8%, that's going to do it.