DOW 18,000 ?
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This HUI slippage was not unexpected.....
A February 6th response to bluechip :
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110636110
And that (cryptic) February 11th update :
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110771550
Didn't mean to be overly cryptic (mysterious and obscure)
I thought that that chart was quite clear....
"Catch me if you can !" was in reference to a falling knife.
Sorry if at times I'm unable to respond -
As my internet access is severely hampered.
This February 17th's update :
Just making fun of the ads which we find here (assuming you're encountering similar)
Can't even manage my own account(s), nevermind someone else's....
Do not be distracted or anything else.....by politics, religion or real good tv shows :
We're in a stock market orgy of unprecedented proportions, where bankers and harlots and transvestites and retirees will be festively joined in a slippery romp on a 500 square mile King-sized mattress lustfully lunging towards any opening they can find until each one is utterly spent of all bodily fluids and the Russell is up at around 1600.
Costco is laying off 10,000 workers (2% of workforce), saving 250 million per year (robots etc. taking over).....Investors all welcome the excellent news :
We aren't nowhere near yet the top of the RUT :
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Happy Russell 12 hundred Precedents Day
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Once upon a time (and it waren't all that long ago), it was rare for a stock to cost more than $20.
Once upon a time (and it waren't all that long ago), a 3 bedroom house could be bought for $100,000
Those numbers now are $80 and $400,000 respectively.
And THAT is why indexes just keep on climbing.
It's all just Asset Appreciation run amok : due to Central Bonkers.
The Russell 12 Hundred Precedent:
-Ballooning stock prices worldwide - Due to low interest rates (Governmental Central Bank manipulation, acting on the belief that high stock prices will fix all)
-OPEC not wanting to be left behind, ramps up oil prices, adding fuel to the fire.
-Baby Boomers needing retirement nest eggs, having no other game in town, desperately chase.
Question is : Will they be content with just 5000 ?
Or will they spike it up to within a point of the All-Time ?
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The Russell breaking out of this 12 hundred range ?
Is starting to suggest the latter.
Not even when kicked will these markets go down !
Can you spot the dot ?
Just magnify this image to "spot the black dot" . Or, alternatively just look really close.
Because y'see,
Somebody somewhere has an accurate chart of this (and they know precisely where the little black dot is, in relation (to the 10 year uptrend line).....
And that person (or should I say, computer program) has a much keener sense than nosotros amigo, of precisely what's occurring right now !
And in fact (judging from today's HUI 200 Reaction), I'd reckon that it possibly IS !
LOL...Yep : things're acting unstoppable :
January 26th :
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110267365
7 days later : (Next stop : 15,500 )
AND
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Good old Penn West Petroleum man.....
I mean, when these guys go down they really know how to go down.
Their dividend yield is (supposedly) 21%
When these guys go down they really know how to go down.
And is it POSSIBLE that they know precisely JUST WHEN TO STOP ? :
Ie, at the old $1.75 cent Level :
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Is one of Torontos' TSX 60 ; the sixty largest companies on the Toronto Exchange....
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Hence today it might be seeing some "Institutional", or more likely, Retail, (panic) buying.
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Buy when there's blood, 'er I mean, Oil in the street(s).
See post to which this one's replying for an explanation as to why this one (and ones like it) "dipped".
Seems like just when everyone was hating oils the most ?
Especially Canadian Oils and The Media
That, that was the time to be loading on up....
Ha !......BUY when there's oil in the streets....LoL
Yeah things are a lot worse than ya' think (let 'em say)
So ya'd better start trading (let them continue) !....
I mean WE'RE not going to be the ones who're gonna freaking fund your retirement !
So you're ALL gonna hafta start riskin' your ASSES off (by investing the equity markets)!
Got it ?
So now......GET OFF THE COUCH AND START TRADING you wimps !
Markets aren't expecting a lot from the Feds.
But maybe they'll do what WE did (by cutting).....
THAT'D sure (temporarily at least) goose the mkts !