zarif
- 09 Sep 2003 06:09
how do you see the dow index going today
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Mega Bucks
- 24 Nov 2003 17:05
- 731 of 2279
will some kind person please put a bloody heavy lead weight on the s&p i did ask nicely :-)
thank you.....
Mega Bucks
- 24 Nov 2003 17:10
- 732 of 2279
i think we need more lead :-)
does any one live near a church i need some lead :-)
zarif
- 24 Nov 2003 17:12
- 733 of 2279
Cement shoes -portland cement and lead weights -i am adding them as well.Megabuks pull the string down.
Mega Bucks
- 24 Nov 2003 17:17
- 734 of 2279
team work,down she goes :-)
zarif
- 24 Nov 2003 17:28
- 735 of 2279
As i said before i hope it goes lower than monica lewinsky ( cf.bill clinton) ever did as i have got 2 shorts daily dow at 9721 and 9709. i think i was a bit too hasty. My plan is to close them in positive asap-before they come from lunch.
rgds
zarif
done a currency dec Euro/USD long at 11775. -lets see what happens.
snoball
- 24 Nov 2003 17:58
- 736 of 2279
For real, zarif or are you using a trade simulator?
zarif
- 24 Nov 2003 18:00
- 737 of 2279
unfortunately snoball its for real. The 9721 short keeps coming into credit but am being greedy to see if it goes a touch lower than close them off.
snoball
- 24 Nov 2003 18:07
- 738 of 2279
If the Dow closes above 9688 I will go long at the close.
That is a long signal on the 'system'.
I'm going to call the 'system' the 'ma2 system' in future.
The 61.8% Fib is at 9650 so its looking bullish again if the price stays above it.
Of course anything can happen, especially on the Dow.
snoball
- 24 Nov 2003 18:13
- 739 of 2279
hmmmm.....tricky one.
snoball
- 24 Nov 2003 18:16
- 740 of 2279
Mega Buck, I think you'll need to phone the Feds.
snoball
- 24 Nov 2003 18:16
- 741 of 2279
On the other hand, maybe not!
Blimey, i'm glad i'm out. I hate this sort of day.
snoball
- 24 Nov 2003 18:30
- 742 of 2279
Gotta go. food beckons. back at the close.
zarif
- 24 Nov 2003 18:34
- 743 of 2279
closed the shorts at 9710 at min profit -saved by the egde of my teeth.
snoball
- 24 Nov 2003 20:40
- 744 of 2279
Nicely done, zarif.
Harlosh
- 24 Nov 2003 20:58
- 745 of 2279
It would seem Finspreads Website has gone down AGAIN!
snoball
- 24 Nov 2003 21:24
- 746 of 2279
I think the problem is heavy usage but a nuisance nonetheless, Harlosh.
I had to phone to get my order on but it seems to be ok now as I went in to check my open orders.
The ma2 system has signalled a buy so I am long Dec future @ 9749.
I've put in a wide stop as I will be away from my computer at the open and I think there will be a fairly big drop - at least 50 points from todays close.
zarif
- 24 Nov 2003 21:39
- 747 of 2279
Snoball: Did you see the spike down at about 21.18 -down to 9666 area.
rgds
zarif
snoball
- 25 Nov 2003 02:13
- 748 of 2279
No I didn't zarif. Not surprised though. Big bullish candles are often followed by quite large corrections. Profit taking, I suppose.
My stop is at todays low so I hope it doesn't get hit before tomorrow morning.
I wanted to lower the stop this evening but couldn't.
Fins are still having problems.
Have you got your Metastock software installed yet?
zarif
- 25 Nov 2003 14:22
- 749 of 2279
Afternoon everybody.
The ftse has been playing with 4400 today -so are we in for a uprise in dow? i wonder. there will be a move north then south.Watch out for whipsaws -remember the thanksgiving holiday on thursday-the market is closed.So today and wednesday and friday half day(probably half measures in trade and full measures in the winebar!!!!)
be careful and trade safely
zarif
zarif
- 25 Nov 2003 14:51
- 750 of 2279
NEW YORK (Dow Jones)--Stocks are mixed Tuesday despite a stronger than expected Gross Domestic Product, with some traders saying the rally was priced in on Monday.
The Dow Jones Industrial Average is off 4 points, or 0.04%, to 9744.01, the Nasdaq Composite Index is up 2 to 1949.18 and the Standard & Poor's 500 Index has shed less than a point to 1051.73. Small-cap stocks are rising.
On the economic front, the third-quarter Gross Domestic Product rose by an 8.2% annual rate, spurred by powerful business and consumer spending. The figure, revised upward from 7.2%, is the biggest surge since a 9% gain in the first three months of 1984.
There are a number of deals to report, including Citigroup, which gained 26 cents to 46.99 after announcing plans to acquire the consumer-finance operations of Washington Mutual for $1.25 billion. Washington Mutual has lost 90 cents, or 1.9%, to 45.65.
Independence Community Bank has lost 1.74, or 4.5%, to 36.90 after agreeing to acquire Staten Island Bancorp for $1.5 billion in stock and cash, or $23.88 based on Friday's closing price, in a move expected to expand penetration in the competitive New York and New Jersey markets. Staten Island is ahead 1.92, or 9.3%, to 22.50.
Eastman Kodak has lost 35 cents, or 1.4%, to 24.17 after plans to buy the digital printing unit of Scitex for $250 million in a deal that Eastman Kodak said will be slightly dilutive to earnings in the first year of the merger. Scitex has jumped 47 cents, or 10%, to 5.47.
On the earnings front, Semtech has gained 45 cents, or 1.8%, to 24.91 after the semiconductor maker reported better-than-expected profits as third-quarter sales rose 8%.
Novellus Systems has gained 36 cents, or 1%, to 43.90 after the semiconductor equipment maker boosted its quarterly earnings guidance, citing stronger order trends in Japan and China.
Eli Lilly has advanced 7 cents to 70.57 and Amylin Pharmaceuticals has gained 44 cents, or 1.6%, to 25.50 after the companies reported positive results from the final Phase III study of exenatide, a drug for the treatment of type 2 diabetes.
Juniper Networks has gained 12 cents to 18.40 after filing to sell up to $1 billion of securities from time to time, with proceeds going for general corporate purposes and working capital, as well as acquisitions.
Goldman Sachs Group is ahead 1.03, or 1.1%, to 95.85 and Morgan Stanley has gained 40 cents to 54.62 after J.P. Morgan Chase raised its ratings on the shares, on sentiment of a revival for stock underwritings and mergers and acquisitions.
Autodesk has lost 48 cents, or 2.1%, to 22.52 on plans by the software supplier to cut up to 19% its work force and post $37 million in restructuring charges over the next four quarters to cut costs.
Heinz has lost 41 cents, or 1.1%, to 35.26 after the maker of ketchup and other food products' second quarter earnings came in a penny short of Wall Street expectations and revenue, at $2.1 billion, fell below analysts' estimates of $2.2 billion.
Deere has risen 2.10, or 3.4%, to 62.25 after the heavy equipment maker's fiscal first-quarter earnings came in at 27 cents a share, when analysts were looking for 18 cents.