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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: longdong_63 who wrote (21154)11/1/2002 1:52:05 PM
From: nspolar  Read Replies (2) | Respond to of 36161
 
ld, re Drooy thought I'd tell you I held back.

Don't like the candles, don't like the money flow index trends on Drooy and some related issues, and just thing I've noticed is that choppy downward curves like Drooy rarely end on 7 waves down, 9 is a better number. Drooy just finished 7. 1 up and 1 down to go?

Like my now again friend VTSS (count em):

stockcharts.com[l,a]daclyiay[dd][pb50!b200][vc60][iUb12!Li14,3]&pref=G

fwiw.



To: longdong_63 who wrote (21154)11/1/2002 4:00:20 PM
From: Canuck Dave  Respond to of 36161
 
Debit card with cash to value of house.

That's a GREAT idea. Borrow money from the Fed at next to nothing, charge the debit card 8%, house prices continue to go up, everybody's happy.

Just bypassing the middleman mortgage broker.

CD



To: longdong_63 who wrote (21154)11/2/2002 10:05:09 AM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 36161
 
QUOTE: "FNMA the next LTCM Blow Up"

...anyone see Kudlow & Cramer last evening ?

They tried, I mean they rrrrrrreeeeeaaaallllllly tried to make their show last night a bigger Pep Rally than the Wellstone Memorial-Democratic Convention...

These guys are chasing shadows behind corners looking for reasons to pump this market up...and we are to believe that the market is telling us that all the Economic, Earnings, Cap Ex spending, Consumer Sentiment,Employment and Manufacturing stats are irrelevant because the market is always right and is predicting that turn-around.... BUT ! we need a .50 bp Fed Cut here in Japanese Nikkei Deja-Vu to Zero Range just in case the market is wrong (vbg) ?

...but, that wasn't the pearl gleaned from their show last evening. It was the quote from their new guest who wouldn't play right... who wouldn't keep the Pom-Pom's waving and who dared say, quote/unquote:

"That FNMA was the next LTCM blow up"

- whodathunkit ?

FNMA uses unprecedented debt/leverage to keep this explosive growth rate Mortgage Backed Balloon afloat. The unfortunate thing is that due to this volatility in rates & bonds (not to mention ramping deliquencies, defaults and rampant Soprano-esque FRAUD); the assumptions made/derivatives placed are fracturing.

But why should THEY worry - when it's OUR money that will be used to bail Fannie out...

Tic-Toc `

Rogue Wave Event Catalysts in every direction... it's not a question of when, or if... that's a given; the real question will be whether we get a dominno chain reaction of multiple Event driven implosions of unprecedented measure.