I think any dip in gas is a buying opp, we have no solution to the problem, the speculators arent scared so up we go and down goes the market.
That doesnt mean that every stock will go down, in fact there is a case for solars to go up..with higher energy and a DEM maybe in the office, good times should continue for solar.
I think any dip in gas is a buying opp, we have no solution to the problem, the speculators arent scared so up we go and down goes the market.
That doesnt mean that every stock will go down, in fact there is a case for solars to go up..with higher energy and a DEM maybe in the office, good times should continue for solar.
There could be some sort of short covering sucker's rally for Monday, and then again, the beating could continue.
Any "rally" in SP 500 should be scoffed at, and any selling in SP 500 should be acknowledged.
Oil soaring through the roof, the US consumer not buying or doing anything unless it's totally necessary, many financials still in deep doo-doo, summer lay-offs, a hideous employment picture "going forward"................if anyone here is NOT bearish for this month, I'd like you to please send me some of the drugs you're using.
There could be some sort of short covering sucker's rally for Monday, and then again, the beating could continue.
Any "rally" in SP 500 should be scoffed at, and any selling in SP 500 should be acknowledged.
Oil soaring through the roof, the US consumer not buying or doing anything unless it's totally necessary, many financials still in deep doo-doo, summer lay-offs, a hideous employment picture "going forward"................if anyone here is NOT bearish for this month, I'd like you to please send me some of the drugs you're using.
Not a shock that Lehman (LEH) has confessed today. Everyone and his dog knew that was coming.
So how does it trade today? I have no clue. If anyone does, then please chime in cause this is certainly a liquid money maker/money loser for today's day-trading. No trouble at all today with any fills on it. Volume will be off the charts.
Also, no idea how the SP 500 fares today, either. Figured there'd be some sort of short covering bounce at open due to last Friday's carnage, but the LEH news is the rain on that parade for the moment.
Will look at QTWW today and see if it gets active. I do believe a blow-off top is coming in that one, but it may only occur on the heels of another oil panic buying spree, and that doesn't "appear" to be the case right now, since oil is what, up 15 bucks the last 3 trading days? Someone's going to be cashing out today.
Not a shock that Lehman (LEH) has confessed today. Everyone and his dog knew that was coming.
So how does it trade today? I have no clue. If anyone does, then please chime in cause this is certainly a liquid money maker/money loser for today's day-trading. No trouble at all today with any fills on it. Volume will be off the charts.
Also, no idea how the SP 500 fares today, either. Figured there'd be some sort of short covering bounce at open due to last Friday's carnage, but the LEH news is the rain on that parade for the moment.
Will look at QTWW today and see if it gets active. I do believe a blow-off top is coming in that one, but it may only occur on the heels of another oil panic buying spree, and that doesn't "appear" to be the case right now, since oil is what, up 15 bucks the last 3 trading days? Someone's going to be cashing out today.
Yeh, Gunners, I don't follow LEH, but I see it breaking support at 29ish, then, who knows? What I do know is the short covering spikes in it will be absolutely vicious. Will probably sit that one out, too, cause I got a feeling I'll be wrong, no matter what I do. Don't need the aggravation.
Yeh, Gunners, I don't follow LEH, but I see it breaking support at 29ish, then, who knows? What I do know is the short covering spikes in it will be absolutely vicious. Will probably sit that one out, too, cause I got a feeling I'll be wrong, no matter what I do. Don't need the aggravation.
Could be getting a "sucker price," though, as this has basically gone straight up since mid March. Either a sell-off is coming, or a blow-off is coming. Am pretty sure it moves from this level in severe fashion--------up or down.
Going to have to be nimble and quick with this one.....ony a "trade," not an "investment."
Took the plunge at the open on QTWW.
2500 x 2.92.
Could be getting a "sucker price," though, as this has basically gone straight up since mid March. Either a sell-off is coming, or a blow-off is coming. Am pretty sure it moves from this level in severe fashion--------up or down.
Going to have to be nimble and quick with this one.....ony a "trade," not an "investment."
Peabody Coal (BTU) is absolutely on fire. The whole coal sector is and has been getting walked up for a long, long time.
Tempted to jump on BTU for a trade, but the run has me too chicken s--t to do anything. Therefore, it is about a 97% guarantee that it runs the rest of the day.
Peabody Coal (BTU) is absolutely on fire. The whole coal sector is and has been getting walked up for a long, long time.
Tempted to jump on BTU for a trade, but the run has me too chicken s--t to do anything. Therefore, it is about a 97% guarantee that it runs the rest of the day.
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