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Thread: Thank you stimulus.....
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02-10-2009, 10:00 AM #1tronacate Guest
Thank you stimulus.....
Dow down 275 right now......puts and BGZ working nicely.
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02-10-2009, 10:01 AM #2
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Yeah as Tim Geitner was taking the Dow was dropping.
People should learn endurance; they should learn to endure the discomforts of heat and cold, hunger and thirst; they should learn to be patient when receiving abuse and scorn; for it is the practice of endurance that quenches the fire of worldly passions which is burning up their bodies.
--Buddha
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02-10-2009, 10:03 AM #3tronacate Guest
Originally Posted by Tuckerman
Everytime the talking heads get on.......the market tanks.....lol
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02-10-2009, 10:04 AM #4
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Anyone know what the cost/job created is?
People should learn endurance; they should learn to endure the discomforts of heat and cold, hunger and thirst; they should learn to be patient when receiving abuse and scorn; for it is the practice of endurance that quenches the fire of worldly passions which is burning up their bodies.
--Buddha
*))
((*
*))
((*
www.skiclinics.com
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02-10-2009, 10:05 AM #5
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He is being interviewed by Brian Williams on CNBC right now. They really should have put this announcement on hold because its very apparent that they don't have any of the details worked out. Originally Posted by Tuckerman
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02-10-2009, 10:08 AM #6tronacate Guest
The details are easy......conservative savings orientated taxpayer with no debt gets fucked......simple as that.
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02-10-2009, 10:39 AM #7tronacate Guest
Three nice bear flags on the SPY.......now we need a solid close below 8000 with heavy volume and we should see a push to new lows.
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02-10-2009, 10:49 AM #8
Flake
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Trader's paradise.
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02-10-2009, 10:56 AM #9tronacate Guest"Volatility is my friend" Originally Posted by Moeghoul
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02-10-2009, 11:02 AM #10
Flake
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Benny and the feds getting ready to blather. That might be good for another -100 kick in the sack.
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02-10-2009, 11:11 AM #11tronacate Guest Originally Posted by Moeghoul
Let's see......you are right my friend.....-306 right now
I wish they would talk everyday.....I love shorting.....strangely satisfying
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02-10-2009, 11:33 AM #12tronacate Guest
Another big phat bear flag on the S&P e-mini futures. Dow -350
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02-10-2009, 12:07 PM #13
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That would be about $300,000.00 per job by Obama's own numbers est at 4 million jobs "created OR saved" huuh? Probably more since there isn't much chance this will do anything other than tank the economy more. Originally Posted by Tuckerman
$600,000.00 per job @ 2 Million jobs.
$1,200,000.00 per job @ 1 Million jobs
$2,400,000.00 @ 1/2 Million
$4,800,000.00 @ 250k jobs
$9,600,000.00 @ 125k jobs
I like that one....almost $10,000,000.00 per job when this thing goes the way it's really going to go. Can I sign up for THOSE jobs?
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02-10-2009, 12:30 PM #14
Flake
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Gold's right back up against resistance. Originally Posted by tronacate
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02-10-2009, 12:49 PM #15tronacate GuestYa.....I see that. Be interesting to see if it can pop through. Originally Posted by Moeghoul
Gold's right back up against resistance.
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02-10-2009, 02:12 PM #16
Flake
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-381. Welcome to Planet Stimulus, be a Stimulan. Originally Posted by tronacate
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02-10-2009, 02:53 PM #17tronacate GuestPlanet Stimulus.......stimulated to new lows soon.......it's gonna work just as well as the first. Originally Posted by Moeghoul
Pretty heavy volume so we definitely had conviction......should be an interesting week.
RUT closed just at 50% retracement from previous move. Dow is right at lows of last week .....7803 is 78.6% retracement.
S&P line in sand about 785.51.....and 800 is significant just from a whole number standpoint.
The COMPX is setting up more of a wedge, but I think the people going for the high flyers in the NASDAQ are going to get whacked harder when the next push down comes.
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