Thread: Market Talk

Futures are looking rather impressive for Monday. But Dennis may rain on the parade. At least my HD stock should benefit!:P

Rod wrote:

Futures are looking rather impressive for Monday. But Dennis may rain on the parade. At least my HD stock should benefit!:P

keep the folks in the pensacola/mobile area in your thoughts and prayers....this storm is gonna be a monster:s

hopefully the loss of life will be minimal. those who have chosen to stay will find a situation as terrible as it gets on this planet. GOD help them....

the destruction of property will be on the scale of a hydrogen bomb and may very well affect the market next week. my gut feel is thatthe up trend will continue and may in fact recieve a boost from the anticipated spendingto rebuild the gulf coast.

the rigs in the gulf are also a variable 2 factor in...most allare west of the track which puts them on the softer side of the cyclone.

tekno

We are at the high end of the trading range next week. Can we climb the wall of worry andbreak out?

Investors are still worried about the following:

We're still stuck in a trading range,$60 a barrel oil, the Fed is still in tightening mode, the yield curve, trading range long in the tooth.....and Dennis. I'm still bullish, I voted bearishnext week, but in my opinion the support holds on any pullbacks.



TSP Poll seems most are Bearish or Neutral......

Tekno, Glad to see you are here - means you're safe!
Hoping you see the Sun soon!

for now! From all of us >

thanks WW!

moderaterain and 20-30mph wind isall we had here.

however note shutdown in gulf....:shock:: http://www.mms.gov/ooc/press/2005/press0708.htm

http://www.technicalwatch.com/cum05/cum070805.htm

form your own conclusions......:^

teknobucks wrote:

form your own conclusions......:^

So far the way they are handling the hurricane season this year, seems to be a lot better than in the past. Thats just the impression that I seem to hear!

Since I voted bearish on sentiment, the market will probably go up 10% this week. :P

Looks like we are no longer matching 1994 on the chart. I'm now contemplating ~1190 as the entry point and playing this as a trading range with a trailing stop instead of expecting a big move one way or the other.

If $60+ oil can't kick the market in the shins and send it into the 1170's, I really don't know what else can. It's puzzling that the C fund continues lagging well behind the other two. Large caps are long overdue to take hold and lead the way. :%

Mike wrote:

Looks like we are no longer matching 1994 on the chart.

1934

however:


Does Intel win with technology -- or threats?
by Bill Fleckenstein
July 11, 2005
http://moneycentral.msn.com/content/P121537.asp

Explaining isn't Justifying
by John P. Hussman, Ph.D.
July 11, 2005
http://www.hussmanfunds.com/wmc/wmc050711.htm

Are There Too Many Hedge Funds?
by John Mauldin
July 9, 2005
http://www.safehaven.com/article-3406.htm

Global: Back to the Drawing Board
by Stephen Roach
July 8, 2005
http://www.morganstanley.com/GEFdata/digests/latest-digest.html

The Destruction of Old and Creation of New Bubbles!
by Dr. Marc Faber
July 5, 2005
http://www.gloomboomdoom.com/marketcoms/mcdownloads/050705.pdf

Almost totally agree with you Mike...that 1190 level sure looks inviting....I'm still cautions of the future break down that I believe is coming right after the 1st of Sept throught Oct......gonna really sit that one out...

This week we have several items of interest that will affect the market.

Store sales, bill and note autions announcements, CPI/PPI, import and export prices international trade, petroleum status, treasury budget, jobless claims, retail sales, business inventories, industrial production, and consumer sentiment.....

yeap, gonna be an interesting week.....F fund looks like its getting there....could be a good move after the G fund flips one to us this week...

:dude:

internet 2....broadband over power lines!

next gen method of conectivity.....

big blue seems 2 be behind it...should u buy ibm??

hell yeah!!:^



http://www.internet2.edu

http://tinyurl.com/73mok