Dow Will Be Down 150 Points Tomorrow!!!!

Discussion in 'Trading' started by BlueStreek, Apr 16, 2007.

  1. S2007S

    S2007S

    Apr 17 8:30 AM CPI Mar - 0.7% 0.6% 0.4% -
    Apr 17 8:30 AM Core CPI Mar - 0.2% 0.2% 0.2% -
    Apr 17 8:30 AM Housing Starts Mar - 1495K 1500K 1525K -
    Apr 17 8:30 AM Building Permits Mar - 1520K 1515K 1532K -
    Apr 17 9:15 AM Industrial Production Mar - 0.2% 0.0% 1.0% -
    Apr 17 9:15 AM Capacity Utilization Mar - 82.0% 81.9% 82.0% -


    if core is above 0.3, watch out.......

    My prediction on CPI tomorrow is

    CPI 0.7%

    CORE 0.1%



    Housing starts are a whole other issue.
     
    #21     Apr 17, 2007
  2. S2007S

    S2007S



    one day buying the dip wont work.
     
    #22     Apr 17, 2007
  3. bad news is good news..
    still!
    SP needs 1499 or so..
     
    #23     Apr 17, 2007



  4. Where have you been?!

    You're my single best resident fade on ET. Thank you for confirming my buy long sentiment.
     
    #24     Apr 17, 2007
  5. He's a spooz. Makes a bearish prediction which fails, dissapears for a month, returns with another bearish prediction, repeat. Occasionally he will get one right in which case he won't shut up.
     
    #25     Apr 17, 2007
  6. May be a negative day, cannot go up forever. I need the NAS to go down so I can buy some stocks I've been eying. However, Asia is down now, so I am concerned on my China stocks. Sold one yesterday. Still in two others for around 36k. Let's see what happens.
     
    #26     Apr 17, 2007
  7. China just amazing how it can shrug off a 2% decline in less than 30 minutes.....It was down 2.12% when the split session re-opened.....And now barely in the red....

    Gotta love those A-SHARES.......Question out there?

    Who else knows the only way to play the A-SHARES? (Hint there is only one Closed-end Fund and it is trading around a 10% discount after a nice 35% run off the March 5th low....)

    If you gotta play China you gotta gamble in the A-SHARES

    $COSTAverageMAN
     
    #27     Apr 17, 2007



  8. I own GCH. I'd tread very carefully with Chinese stocks at this stage. The Chinese economy is structurally unsound at the current moment. They need a good flush to get rid of the weaknesses and inefficiencies and it's coming soon. Probably next year at the latest.
     
    #28     Apr 17, 2007
  9. lol they sure know how to bid it back up. Down 2%..up .4%
     
    #29     Apr 17, 2007
  10. Funny, no 500 lot prints on those puts.


    actually 417 in one account , the rest in anoher account, but you can`t find prints for options b/c they are sold off in increments often times, for instance, they break up your order say you are buying 500 intc options, you get 20, 15, 10, 45, 113, etc.


    but it looks good right now, as we might have a currency crisis, or inflation crisis......either dollar gets killed if cpi weak in us, or if cpi strong number, marke sells off on inflation worries.
     
    #30     Apr 17, 2007