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Dow FILLS THE GAP AT THE CLOSE!~!
Forgot to mention I shorted fre at 65.88 ................................................................................
BWAAAAAAAAAHAAAAAAAAAAAAAAAAAHAAAAAAAAAAAAAAAAAAAAAAAAAAAAa
Buzz
You've been violating yourself since the day you were born. Nothing new to us.
Buzz
Zeptepi is an Ancient Egyptian term. Mythologically, zeptepi refers to THE first time - the time when the world was created and the Gods walked the earth. This was a time of perfection, when all was well and everything worked as it should.
about 9800, lol. eom
I'll be damned. 10 more points to fill the gap. eom
9. Absolutely, under no circumstances, will Buzz be criticized for ANYTHING, including political debates or posting the Zeptepi definition during trading hours.
Shit, maybe in the next 8 minutes. eom
Dow gonna fill that gap at 11237 from yesterday by tomorrow am.
Buzz
LOL, most of my ES trades are under a minute. I couldn't post em if I wanted to. I'll be happy to post my eod clearing log when it gets emailed to me overnight.
Buzz
and i get to keep my fingers! eom
I don't average down anymore. Just trade one at a time. 7 winners, one loser today, net 6 points per contract, trading 8 contracts.
Weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
Buzz
Gov gonna bail them out with more taxpayer dollars too? Jefferson and Franklin just busted each others skeletons rolling into one another in their graves.
Buzz
Hope you got out in the one teens. IMO, that's all she wrote for fre, unless you wanna avg down some more at .10 for a bounce to .30.
Buzz
Most interesting is the nasdaq. Up 15 yesterday, down 48 today. But was down 25 points yesterday from the opening price. QQQQ finished red yesterday. Breadth in the index was flat with new lows outnumbering new highs 3 to 1.
Yesterday was a snap back in 29 of the 30 dow components, and nothing more. The bear is still here.
Buzz
Fund tax loss selling season upon us - looks like they used yesterday's rally to start bailing. Ends Oct 31.
Trick or treat.
Buzz
I now believe dow will test 10K by end of oct. eom
you only have another 100% to go to get even. eom
And with the government set to take the reins on the two firms, possibly
pushing the value of equity holdings to zero, investors have begun to question
when a delisting or possible move of the company's shares to another part of
the exchange might occur.
If they can keep their pilots awake. eom
Nas down 65 pts from HOD, Dow down 240 pts from HOD. I won't be at all surprised to see all indexes close in the red. I think they'll keep the dow green, but maybe not.
Buzz
CNBC, always on the cutting edge!!!
Nasdaq just went red for a second, lol. eom
Let's see what happens in a month. eom
Dow down 170 off the high, Nasdaq down 34 off the high. S and P down 17 off the high.
Posted by: BuzzOnDaBeach Date: Sunday, September 07, 2008 8:11:10 PM
In reply to: Rawnoc who wrote msg# 166313 Post # of 166400
Should be a nice gap up. S&P futs up 30 pts right now. Prolly another monday gap and crap.
Buzz
You're missing my point. There's a very real possibility the governement is going to take them over and make them government owned, private companies. They don't give a shit about the equity holders. They care about stopping the housing crisis.
Buzz
Well, hope you bought 10x what you did on Friday since that is what it will take to get you even right now.
The market is pricing in the very real possibility that the government privatizes these companies, leaving the equity worthless.
Buzz
Should be a nice gap up. S&P futs up 30 pts right now. Prolly another monday gap and crap.
Buzz
or not
Trying to bounce off the 1235 area. Looks like we'll run up to test 1250 resistance (weak) and 1260 (strong).
buzz
In Brig's case, a cold beer or 50. eom
I hate to say it, but it's starting to feel like a capitulation day.
Buzz
Not if you're short, LOL. I've had nothing but short signals all day on the es. Done, just took the last one off, calling it a day.
Buzz
ES has broken well under the trend line out of the July lows. Strong support in the 1235 to 1240 area, but if that falls, we'll test the July lows. Not sure 1200 can hold this time around. A rally back over 1260 may give a short term pop to 1285, but not looking real good. Do have a possible positive divergence forming with the early August low, but no signal yet.
Still think we could test 10K dow this fall - late October. I'll go out on a limb and say Oct 21. Gotta see what the fed says at next fomc. They keep saying inflation's under control, but when I see the price of oscar meyer sliced ham jump from 3.99 to 5.29 in two weeks, I have a tough time believing them.
Buzz
They don't live in alaska. Their habitat is betweeh half moon bay to the north, and santa barbara to the south, with the primary concentration in the monterery bay area.
Buzz
black friday?
That's awesome. Congrats! Great experience for her.
Buzz
Nothing I love more than good old fashioned southern trailer trash. YOU DA BEST tm.
Buzz
I doubt I'll vote. I can't justify voting for either of them.
Buzz