IBEX (weekly info)WEEKLY CONFIRMATION new high 8975.50
trend=no
direction=up (2 bars)
high= 8975.50
rev= 7910.20; mid= 8442.85
This move higher in the IBEX is about done. The two notch downgrade should have it testing previous lows soon. It managed to get above the SMA(13), the 61.8% minor retrace and the monthly 3LB mid. It's making a bearish engulfing this week (so far).
AUDJPY (weekly info)WEEKLY REVERSAL new high 0.7915
trend=no
direction=up (1 bar)
high= 0.7915
rev= 0.7376; mid= 0.7646
It appears that the EU rumors caused a "risk on" condition. Unfortunately that long bullish weekly candle is not a reversal candle. It could be a part of a longer pattern but this week is negating that idea. It couldn't hold the SMA(89) or SMA(13). It's struggling to hold the 50.0% retrace.
21 comments:
http://www.zerohedge.com/news/112-morgan-stanleys-114-q3-eps-comes-benefit-spread-blow-out
$1.12 Of Morgan Stanley's $1.14 Q3 EPS Comes From Benefit Of Spread Blow Out
3Q EPS $0.02. Nuff said.
AT,
just read your message from last night
you know what else keeps running into fibo's? run a ratio chart of spx and dollar and/or UUP
as for fantasy.....lol, my team is toast!
RA,
but what is morgan stanley's p/e
oh no, what is their forward p/e
was the accounting gimmick "priced in"????
the article from Karen seems more the relevant as this week rolls on
ben22
Once the first bank used DVA to boost its EPS we knew the rest were not far behind.
If they are not actually going to buy back the debt then they shouldn't be able to use it in their earnings.
House bill 195 basically says those who buy and sell second hand goods cannot use cash to make those transactions
http://www.klfy.com/story/15717759/second-hand-dealer-law
Mish...
http://globaleconomicanalysis.blogspot.com/2011/10/must-see-heart-wrenching-video-of-moral.html
Been meeting with a lot of chemical people last few weeks for various reasons.
Seeing "run cuts" for chemical plants world wide. Physical naptha becoming very long in Europe.
Butadiene prices going to zero.
China actually turned away a butadiene ship they had contracted...they just decided they woudln't take it. They DK'd the trading house.
Very ugly picture out there....in terms of the "funnymentals"
The performance of the S&P500 is remarkable compared to what i'm hearing about on the very front lines of the economy.
Anon.,
that's in Louisiana, right?
yes, wait for it, 9-9-9 is to 'soften' up peep with the VAT 'Idea'..
if We don't pay attention, We'll catch a VAT+an Income Tax, 'Cash' will be "outlawed" for 'second-hand' Transactions, and, Only, 'The Select' will be able to "Launder 'Earnings'" (see Wachovia y Friends, et al.)
also, note the recent Chase commercials, featuring the 'Wineglass'-set, splitting a 'Dinner Check' by using the Chase App., on their (sp-)iPhone, to e|mail 'their part' to the account of the Payor..
and, less recently, the Commercial, for Debit Cards, placed in a Coffee Bar/"SBUX", where all was going swimmingly, the cube-clones, all, paying by Debit Card, whistling 'Dixie' out of the orifice between their 'Southern Cheeks', til', of course, 'Lame-oid' crashes the 'Party' by trying to pay w/ 'Cash'..
(I think that makes sense, helps if you've seen the Commercials..)
~
AAIP
AT,
those "Chemical-Sector" 'look-ins are Very Informative..
I've, always, found that if you're hearing Stories about 'all the Big Buildings being erected', go check with the "Block" Manufacturers..
ibid.
http://www.finviz.com/quote.ashx?t=UTX
who likes UTX to 'de-conglomerate' ?
ibid.
http://www.finviz.com/quote.ashx?t=S&ty=c&ta=1&p=d
~2.77
should be interesting to see how this 'Trades Out', into Friday...
AAIP
http://www.finviz.com/quote.ashx?t=NFLX
~108.92
that Chart, is, still, a 'Head-shaker'..
~~
http://www.finviz.com/quote.ashx?t=GMCR
<70
niice..what a, still, over-priced POS..
~~
http://www.finviz.com/quote.ashx?t=SODA
~31.56
wow..
~~
http://www.finviz.com/quote.ashx?t=AAPL
ya know, yesterday, "island Reversal" was 'running through my mind'--in relation to this Chart..~
should have said so, then..~
AT,
I work with a few peeps at DD in the titanium dept.
they tell me that China shut off all orders for Q4, did it in one week in September, just shut the whole thing off the rest of the year...
If SODA can't hold $30
um, where's that Katie girl for the door?
I just watched the MISH video link
to say that I'm sick to my stomach wouldn't really describe it
anyone here ever attend a storage unit auction?
what was it like?
Ben - I have been to a couple storage unit auctions.
If I can make a couple suggestions.
1) Know what you want (Are looking for)
2) Know how much you are willing to spend (And ONLY take that amount with you)
3) Be willing and able to move the stuff out of the unit quickly.
4) just go to a couple just to observe.
And just like anything be prepared to learn.
I am sure you have seen shows like "Storage Wars" they tend to show how easy it is to make money at these things and they have helped to bring out the wanna be's and it is easy to get caught up in the exitement of the moment.
And when you see that life sized rocking horse (Or whatever) you have always wanted, it is easy to get caught up in the moment.
It is very important to know what you want and how much you are willing to pay for it.
Mangy Mutt
Working on the corner now. Been a little busy lately.
McB,
MMutt makes good Points..applicable to most 'Auctions', as well..
ibid.
MackieFear,
did you see that the Raiders picked-up Carson Palmer, from the Cincy Puddy-Tats?
good 4 OAK & Palmer, methinks..
ibid.
Mutt,
thanks, good tips there. you don't have to say if you don't want but did you buy anything at the one you went to?
aaip:
re: Carson Palmer, yeah saw that, I'm pretty pumped about it, but they gave up a lot for it, Oakland, they are banking a lot on this season. I hope he makes a run this year, it'd be cool, I've always sort of felt bad for him since the injury against the Steelers, that was a tough Bengals team.
b22,
yes, here, too, that '005 Playoff injury, where he was 'rolled-up' on, really blew..
ibid.
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