Best guess is 650 to 670, but as Yogi B. said; “It’s tough
to make predictions, especially about the future”.
he also said; "The future ain't what it used to be"....
certainly applies to this time frame we're in....
In the Fifties and Sixties, the radio announcer used to have the
ballplayer of the game come by to talk at the conclusion of the
game. Well, one time Yogi Berra was the choice. At that
time the player was given a check for fifty dollars for so doing, a
priceless sum at that time. The method of payment was by
check with the payee being "Bearer", a term of art from the banking
industry. So after the show and having been presented his
check, Yogi said "Hey, you spelled my name wrong".
Priceless.
Posted by dallassteve on 6th of Mar 2009 at 10:42 am
unsane is also looking at the 670 area. Today, or next
week, I don't mind. Took a small position in UYM. Will
add on weakness. If we go down from here to 650, I will ride
it out. Might try USD (semiconductors) later. Does
anyone agree that it has more upside than QID?
Let me be real clear -- I think we NEED to violate 670 to rally.
I don't think if we violate 670 we have to rally. We could be in
free fall for a while, since there is now no meaningful technical
support.
Posted by dallassteve on 6th of Mar 2009 at 11:36 am
unsane, my apologies for quoting out of context. Thanks
for the clarification. saturn6 just posted a beautiful
long-term chart with a clear channel, and I think others have shown
us something similar. Maybe a little bounce at
6500?
Bang!!
Posted by saturn6 on 6th of Mar 2009 at 09:47 am
Is this it?? I hope so as I have acumulated various stocks to play the bounce. Fingers X'd!
Crude back above $45. and Gold getting whacked.
Energy Financials leading.
My target date for a
Posted by homer on 6th of Mar 2009 at 10:21 am
My target date for a substantial bottom is early next week, Tuesday / Wednesday.
whats your target support level
Posted by robjerriann2 on 6th of Mar 2009 at 10:25 am
whats your target support level homer?
Best guess is 650 to
Posted by homer on 6th of Mar 2009 at 10:30 am
Best guess is 650 to 670, but as Yogi B. said; “It’s tough to make predictions, especially about the future”.
he also said; "The future ain't what it used to be".... certainly applies to this time frame we're in....
homer http://stockcharts.com/h-sc/ui?s=$CPC&p=D&yr=1&mn=10&dy=0&id=p54045355886&a=157260754&listNum=7
Posted by robjerriann2 on 6th of Mar 2009 at 11:11 am
homer
http://stockcharts.com/h-sc/ui?s=$CPC&p=D&yr=1&mn=10&dy=0&id=p54045355886&a=157260754&listNum=7
Homer -- great quotes. I
Posted by puma on 6th of Mar 2009 at 10:45 am
Homer -- great quotes. I also liked Yogi's quote about some restaurant: "Nobody goes there anymore. It's too crowded so you can't get a seat."
Yogi
Posted by pneumo on 6th of Mar 2009 at 10:59 am
In the Fifties and Sixties, the radio announcer used to have the ballplayer of the game come by to talk at the conclusion of the game. Well, one time Yogi Berra was the choice. At that time the player was given a check for fifty dollars for so doing, a priceless sum at that time. The method of payment was by check with the payee being "Bearer", a term of art from the banking industry. So after the show and having been presented his check, Yogi said "Hey, you spelled my name wrong". Priceless.
...and my fav: "When you
Posted by brophy on 6th of Mar 2009 at 11:03 am
...and my fav: "When you come to a fork in the road, take it..."
or You can observe a lot just by watching...
Mine is "Nobody goes to
Posted by ralph on 6th of Mar 2009 at 11:44 am
Mine is "Nobody goes to that restaurant anymore, it's too crowded." -Yogi
Ralph
unsane is also looking at
Posted by dallassteve on 6th of Mar 2009 at 10:42 am
unsane is also looking at the 670 area. Today, or next week, I don't mind. Took a small position in UYM. Will add on weakness. If we go down from here to 650, I will ride it out. Might try USD (semiconductors) later. Does anyone agree that it has more upside than QID?
Let me be real clear
Posted by unsane on 6th of Mar 2009 at 10:54 am
Let me be real clear -- I think we NEED to violate 670 to rally. I don't think if we violate 670 we have to rally. We could be in free fall for a while, since there is now no meaningful technical support.
unsane, my apologies for quoting
Posted by dallassteve on 6th of Mar 2009 at 11:36 am
unsane, my apologies for quoting out of context. Thanks for the clarification. saturn6 just posted a beautiful long-term chart with a clear channel, and I think others have shown us something similar. Maybe a little bounce at 6500?
Here comes the violation! Our
Posted by blumooncurrency on 6th of Mar 2009 at 10:59 am
Here comes the violation! Our brown eye of a leader is speaking again. When he does, we tank.
BM
The 1.272 target for ES
Posted by dodgerdog on 6th of Mar 2009 at 10:57 am
The 1.272 target for ES comes in at 670 with the 1.618 target at 662.
Confident
Posted by saturn6 on 6th of Mar 2009 at 10:24 am
Maybe!... But I am confident of a reversal candle today.
why? why next week?
Posted by delane on 6th of Mar 2009 at 11:02 am
why not today?