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<<QLGC has never warned and always met>>
NEVER say NEVER. Heavy volume with the sell off in QLGC. Lots of sales.
<Holly sh*t .... most of the massacres, genocides and masse-killing has been done on His behalf>
Ironically, Jews, Islams, Christians all kill in the name of the same GOD they believe it.
Religion is simply a tool to manipulate the masses. Power and Greed are the true intents.
Tony..
The market is interconnected. If an institution like JPM or C loses valuation significantly, it indicates a possible systemic breakdown in our financial markets. Think dominoe effect. How could you say send the specific sector down and not the whole market?
Bear flag on QLGC 5 min. I think we see 31 again.
QLGC still has that 28ish gap to fill. My guess is it'll get there this week.
All Datek servers are down. *&%$@#
Maybe Zigi had the chart upside down.
Federal..
Thank you for keeping us updated on the FEDS ativities.. I think it is directly tied to the markets actions as of late. With liquidity being pumped in the market and most traders on vacation, the market was able to continue its ascend without interuptions. Lets see what happens if the printing machine stops. All just MVHO. But WDTHDIK
Keep us updated ...
Its called a throwover when it doesn't hold.
Federal..
Will the expired repos be bullish or bearish for the markets?
Federal..
Tomorrow, $2 billion in 28 day repos, $4 billion in 8 day repos and $3.25 billion in 3 day repos expire. The FED needs to add $9.25 billion to keep the music going.
Let me know if I understand this correctly. The above repos are due tomorrow, which will take liquidity out of the market. And to keep the rally afloat, the Fed must inject the same amount in "tomorrow". And if the PPT doesn't come to the rescue with the 9.25 bil? Tankeroo?
At what time are the repos expired tomorrow?
I'm curious ZIGI.. How do you come to derive these projections? Perhaps you can share with us your TA.
n2ta... Here is another banking incident similar to the one you posted.
To:stockman_scott who wrote (13184)
From: techanalyst1 Monday, Jul 29, 2002 10:51 PM
View Replies (2) / Respond to of 13559
Well... I'll tell you what Scott....
I went to the bank again today and there was an older gentleman at the teller's window and he was ahem... a little bit upset. His check got a hold put on it. I could hear him telling the teller that he has brought a check in every month from the same source for over 10 years and needed some cash back... same as he always does every month.... never bounced yada yada yada. But no can do. Same thing that happened to me... a hold on a good customer and there was another guy that happened to on another day I was there and the same thing happened to a guy at my sister's bank... same deal. That is FOUR customers who were all upset cuz they never had a hold and never bounced a check all getting 10 day holds.
So this guy tells the teller.... "You don't have enough reserves do you? My money isn't even safe here is it?" They gave him his money, but told him next month he had to have a hold put on the check so he better make plans now. LOL! Poor old guy... probably uses cash for buying stuff. Imagine that!
My sister's bank refused to give her a CHECK to close her SAVINGS account (a regular account, not a cd). Told her she had to come back in a few days... for a CHECK, not cash!
Something feels wrong when I go to the bank.
So... if the financials are in trouble, then the whole market probably is too, but really, even if valuations ARE so high, it doesn't mean that we will go lower. I think it's a mistake to think that we MUST go to previous trough levels.
TA
http://www.siliconinvestor.com/stocktalk/msg_multireplies.gsp?msgid=17810641
Marginaya...
What would you do if your U.S investments were at risk of being frozen and confiscated ?
<Buying it for fundamental> Does that mean "long term buy and hold" ?
Excuse me marginaya.. I don't follow ZRAN much, but isn't that an evening star on its dailies chart? Doesn't that portend more down?
Not trying to knock your calls, just trying to understand your TA strategy.
http://stockcharts.com/def/servlet/SC.web?c=zran,uu[h,a]daclyyay[db][pb50!b200!f][vc60][iut!Ul14!La1....
http://www.litwick.com/indicators/1212.html
Sir....You mean 1331
LG... Zigi reserves the right to change his mind at a drop of (in this case) a point or two. He just doesn't think anyone else should have that right.
GANN followers..
The below is extracted from a folk who has subscribed the paid service from Gann's followers -- rumored to be the grandson of Gann.
This week is the 5 th gann square cycle end of the series began from Jul 17 2000. Pisces appears at 180 deg. to Sun, on 8/22/2002. Mars, and Aquarius, the "killer" to US stocks will appear at 120 deg to n Taurus and Sun respectively on 8/27/2002 and 9/15/2002.
Dow will find intermediary top at the 50% fibonacci level, around 9100. Whenever, the COT (change of trend) day appear, the bullish trend will be completely reverted. It usually appear on strong event day. Multiple cycles, 4-yr, 7-yr, 10-yr, 12-yr, are found with cycle end in the late Aug. These cycle end days are believed to be strong event days. The plausible days of strong event day are 8/20, 8/21, 8/22, 8/23, 8/26, 9/15.
Once, the rally is halted by strong event and down trend resume. The support level determined by Gann grid, which sounds, should be 5900-6300. If this level can't support the cyclical correction, the next ground should be 1700-2300.
The current 4 planet alignment influence is almost the same as that found in 1929-1932...."
http://forum.ino.com/?id=628766
Tony. <The selloffs will not be as bad if they are not influenced by shorts. That way the selloffs won't be as dramatic and it won't be as difficult to convince LTBH investors not to sell into the decline>
Tell that to the Tulip holders and South Seas investors.
You really need to invest more time in reading markets history before making such benighted statements.
Don't forget the Feds rate cut rumor 2 wks ago.
I'm watching the VIX.
http://stockcharts.com/def/servlet/SC.web?c=$VIX,uu[l,a]daclyyay[dd][pb50!b20][vc60][iLo14]&pref....
http://stockcharts.com/def/servlet/SC.web?c=$Vxn.x,uu[l,a]daclyyay[dd][pb50!b20][vc60][iLo14]&pr...
So is Jerry Wang of Bernie Schaffer.
http://www.schaeffersresearch.com/sentiment/observations.asp?ID=5993
I thought when you're short, you are on margin...
<Sometimes a rally is sustained simply because the fund outflows dry up.>
On the other hand, sometimes a rally is halted because there is no inflow...
"8/5/02
NEW SAVINGS FLOW RUNNING 33% BELOW EARLY 2001 PACE.
Mutual fund inflows over the first seven months of 2002 were $97 billion vs. $101 billion over the same seven months of 2001. However, almost all but $6 billion of this year's new money went into bond funds, whereas last year, $47 billion went into equities. US equity funds had a zero net inflow after including July's $47 billion outflow estimate vs. a $60 billion inflow last year . Bond funds gained $91 billion in new cash January through July this year vs. a seven month gain of $54 billion in 2001.
As we have been saying, individuals apparently have abandoned the stock market and are unlikely to return until after the market has rallied for at least several months and perhaps as much as 20%. Those assumptions are based upon what has happened in the past - particularly 1988 and 1995. We reported on what happened in 1988 above. In November 1994, the stock market bottomed. Inflows did not dramatically improve until July 1995.
Overall savings flows were down by 1/3 the first seven months of this year vs. 2001. The two categories with more rapid growth are bond funds and saving accounts. Bank saving accounts flows - the safest of the safe since they are guaranteed by Uncle Sam - grew by 18% to $242 billion of new cash so far this year.
Money market funds gained just $23 billion in assets this year down 50% from last year. Most of that gain was in July when investors bailed from equity funds. Our guess is most of the outflow went either into bond funds or money markets.
Most of the new savings generated by the US economy is going into banks. Small Certificates of Deposit are losing assets due to sticker shock as they mature. Rather than tie up funds for a lengthy period of time at less than 2%, bank savings accounts at the same low pay-out seems preferable. "
http://www.trimtabs.com/news/liquidity/latest.html
courtesy of J. Madarasz on SI
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=17892160
bear flag on the 5 min NQ?
Never underestimate the PPT.. Coincidently, the greenback rose too about the same time.
test
still doesn't work.. I'll ask bob.
You're right..I don't know what I'm doing wrong... I'll have to play with it after hours.
itsallover...
I pay my monthly basic dues with stockcharts. Is that what you mean?
Syl.. Not just our own consumer's confidence, but foreign money too. As you can see with the falling dollar, foreigners lost their confidence a year ago.
testing
http://stockcharts.com/def/servlet/ImageServlet.CServlet?img=appletpage,700~714~%24compq%2Cuu%5Bw%2C....
oops.. didn't work.. will try later.
OT Gettingbetter...<I guess you are saying it is our fault (USA) that others want to kill us. You seem to be saying that Bush caused the lost of lives in NYC and that he scares us and not terrorists. Bush must be the blame for everything
No Sylvester didn't say that at all... YOU DID...
He simply said what YOU fail to see. Nothing has changed since 9/11. We've yet to capture the one man who is responsible for the WTC attack..
Since then, Bush's rhetoric have moved away from the capture of Bin Laden, and now focusing on a different animal. Hussein.. A war with Iraq... Without provocation.
What we now have is they (fundamentalists) hate us more, a 157 bil and growing deficit instead of having a surplus, and more importantly some of our constitutional rights are being compromised. You protect freedom by taking it away??? Hypocrisy.
We can't fight idealism with bullying tactics.. Better that we fight it by altering their fundamental thinking. That, of course would require more brains to employ. Sadly, brain is something our current administration lack greatly. JMHO
This will be my last political post...
My apology Zeev. Won't happen again.
LD... Comprehend completely.. Been there, done that.. too many times I'd say. The only good thing I gather from previous bad trades, is recognizing my mistake/s and learn from it. Hopefully. <G>
<Doc's board>
Not enough survivors of the bear left I think...
Thank you kind SIR... Will try to post tonite.
Ok... Ya see it too, but where are the tips to posting charts?
<GGG>
How are you pardner?
IRS? Not likely. But I wouldn't doubt turning the printing machine on and using crispy new dollars to manipulate the market. Yes, rob the traders to fund deficit spendings. -ng-