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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: stan_hughes who wrote (590)7/27/2007 10:51:00 AM
From: Real Man  Respond to of 71426
 
Interesting. We already have a boomerang sell, MACD sell, etc.
We'll see. I see 1490 is now resistance. Sells just don't matter,
TA does not work that well, IMHO. That's not because this market
is a random walk, rather, it was made a random walk lately.
Random walk around positive beta. That's why I believe most "superb"
traders nowadays are either dippers or liars -g- Got to set
Myth's head straight on his "fades" -g-

Well, the good thing about it - neither do buys matter -vbg-
Looks like no coupon pass AGAIN today, and the 10am rally
predictably fades away. I have to wonder what the
boyz and the Fed are up to.



To: stan_hughes who wrote (590)7/27/2007 11:08:55 AM
From: Real Man  Read Replies (1) | Respond to of 71426
 
This no coupon pass stuff is like playing with explosives on
ICBM launch pad, but I guess the leaders remain confident
the site is well protected. They had to have an add today,
or they may be sorry. I mean, soon. I seriously wonder if they do
have a clue. It's not overwhelmingly likely at present that
the derivative market will pull itself out of the "tail" without
additional liquidity.