Wt Indu Metals Discussion Threads

[kozel] 18/4/2006 19:04

Picked up all of a sudden?

[harry_potter] 18/4/2006 18:47

You talk about sucking in the little guys Ed, I was in WH Smith earlier, reading the magazines, lol. When i noticed 4 people pick up and look at Shares magazine or Investor's Chronicle all in the space of a few minutes.

There's your little guys getting sucked in, ready to be spat out again.

[harry_potter] 18/4/2006 18:43

Hello Amar, I'm building shorts now too, Easytimes "the big bang" can't be far off now.

[edwood19] 18/4/2006 18:42

yeah, crazy huh!? bring it on up, suck in the little guys, more distribution going on, and better shorting opportunities for those who didn't enter yet!

[amarshak] 18/4/2006 18:19

went short at 11260 sept dow

[ben nevis] 18/4/2006 17:57

Visiting Ullswater area... nice at the mo.

Went short at 11170, long termish.

[joe moon] 18/4/2006 16:32

are you adding here rog?

[andonis] 18/4/2006 12:37

JFisher: The above chart is short term. Another jump up to 11450ish is not out of question it maybe likely. The rising trendline is still intact imo. (And let us not forget that when the bulls charge 300 points is nothing it can take less than a week to reach 11500...;-) so whats the hurry it can go to 11000 then to 11500 and then back down to 10000 by mid autumn no problem....all imho etc...

[easytimes] 18/4/2006 11:37

Characteristics of primary market peaks by Martin Pring:

A few of the technical and monetary factors which you might find interesting. This is just a few key points.

1) the NYSE A/D normally peaks before the DJI, so far the DJI peaked 3 weeks ago, the A/D peaked 2 weeks ago which implies another market top is due.
2) The Dow utilities need to peak last high was 28th January 2006
3) the rally should last at least 9 months.

[harry_potter] 18/4/2006 10:31

Bloomberg:
Policy makers raised the benchmark lending rate for a 15th straight time by a quarter point to 4.75 percent on March 28. Interest-rate futures show traders are certain the central bank will boost the rate to 5 percent at its next meeting on May 10. The odds of an increase to 5.25 percent at the following meeting in June are 58 percent, up from no chance as recently as March 27.

[j fisher] 18/4/2006 10:03

edwood19's dead cat been bouncing since 1955.

[tofur] 18/4/2006 09:46

can't trade this market. oil reaching the sky market is hardly going down.

[bonsai] 18/4/2006 07:57

easytimes

in the 70's with the help of the unions, there was plenty of pricing power from the
downstream supply side.

but almost non-existent at the moment.

however, that is still the thing to watch out for.

[j fisher] 18/4/2006 07:37

UK house prices rise for 5th month running in March - RICS

LONDON (AFX) - UK house prices rose for the fifth month running in March,
though at a slower pace than in February, a key survey showed today.
The monthly survey from the Royal Institution of Chartered Surveyors showed
that 13 pct more chartered surveyors across England and Wales reported a rise in
prices in March than did a fall.
This is down slightly on February's balance of +16 and below analysts'
forecasts for a reading of +17, but still points to solid growth in the UK
housing market.
The industry is positive about a strong post-Easter rally, with price
expectations at their highest since April 2004, RICS said.
This confidence stems partly from the fact that buyers often commit to a
purchase at this time of year, as well as optimism surrounding the economic
situation in the UK.
"People traditionally put houses on the market in the new year and sales
pick up around Easter. Agents are clearly expecting this year to be no exception
and our figures are showing a lot of optimism in the industry," said RICS
spokesman Ian Perry.
Price rises were strongest in London, the South West and Scotland, but
remain weaker in the North and the Midlands due to worries over rising
unemployment, he said.
"This split in the economy is one explanation for the unusual situation
where both new buyer enquiries and instructions to sell are rising
simultaneously," he added.

regards
frankie crowsoft

[easytimes] 18/4/2006 07:23

McHugh again with a third omen to trigger this month see the following:

We received a third Hindenburg Omen Monday, April 17th, 2006. This extends the risk period, as the clock continues to tick on the 73.8 percent probability that equities are about to fall over 5 percent from current levels over the next four months, on the 52 percent probability that equities will drop more than 8 percent over the next four months, on the 39 percent probability that equities will drop 10 to 14.9 percent over the next four months, and on the 26.1 percent probability that the stock market will crash - either fast or slow motion - over the next four months. Only one out of 11.5 times does this signal fail to generate at least a 2 percent decline from current levels. Most declines are well underway within a month of this signal. This is only the 24th confirmed Hindenburg Omen in the past 21 years, and so far has a cluster of three signals.

[easytimes] 18/4/2006 06:12

massive inflation - commodity prices. We will pay for these rises in the end, currently we're paying for past prices. I'm not saying a disaster the 70s weren't that bad but stocks did not perform very well and currently all markets are running at or near all time highs. The only thing I would be worrying about at the moment is whether you've got metal gates! Also, tank siphoning was rife back in those days.

[bonsai] 18/4/2006 01:32

doh !

increase in asset prices dont increase money in circulation.

its just the same money buying different things.

price of oil goes up - where you gonna find more money to buy it ?

one of your fantasy trades , I expect.

but then you are too young to understand these things , I guess.

[powder puff girl] 18/4/2006 00:09

just thought ide look in to see how the thread is getting on without me, obviously have not learned anything!

if asset prices increase then there is more money in circulation, oil is a large liquid asset class. ok, yah?

being an old timer would have thought you would remember the 70's, i wasnt born then but know more about it than you

what was you doing then? smoking pot at woodstock LOL!

[harveyd] 17/4/2006 21:14

amar referring to ando's target, circa 450

[amarshak] 17/4/2006 21:08

harverd 400 points down or up

[easytimes] 17/4/2006 21:04

IMO the bond markets determine rates not the Fed, the Fed have been playing games with bonds which is causing massive inflation due to commodities and oils hitting prices not seen for nearly 30 years (the bond yield vs commodities and a weak USD is too plain to see that this is disaster waiting to happen). This will spike and drop like a stone - eventually.