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  #2221 (permalink)  
Old 08-07-2008, 09:51 AM
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Default house sales 10AM EDT

The banks have been getting up off some iof those foreclosed properties and the short sales are rolling all over the USA. There is considerable lag as the banks are holding these properties and selling them off slowly.

I expect house sales to be better than expected and may even come in ABOVE 0% -4.7% previous, expected -1.0%
obviously if it is ABOVE 0% UJ wiull shoot up and carry GJ up faster.
1 hour and 10 minutes to go.

Get in on the dips now. Price is a good value.
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  #2222 (permalink)  
Old 08-07-2008, 10:32 AM
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Exclamation Eur/usd

Looks like this one is at critical support.

Many are screaming get long here. But I am betting EU continues to break down for now.

Especially after 10am and that USD positive news hits.

It is almost gauranteed that housing numbers are up, are if they are it is certain to cause USD to rally.

That UNemployment wasnt too good but didnt affect price too much
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  #2223 (permalink)  
Old 08-07-2008, 05:03 PM
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Default

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Originally Posted by HAUGHT007 View Post
that's just because I decided to get one to be invested in the market. (I'm one of those gotta be in all the time types....bad i know.)
My biggest trading weakness too. I going to get my leader here.
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  #2224 (permalink)  
Old 08-07-2008, 05:06 PM
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Originally Posted by rrram2 View Post
Dont get me started this morning.
Ha Ha. I know what you mean.
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  #2225 (permalink)  
Old 08-07-2008, 06:31 PM
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Default Trendline...

I haven't followed this beast long enough to know how well she respects the old trendline method. So I thought I'd get the opinion of the experts. Not to be pessimist but it looks like she's respecting the trendline starting on 7/20 at 251.09 at the high and hitting again 11/1 at 241.34. The last 3 days she's been testing this line but can't seem to get past it and right now it's sitting at 215.50. What are the chances of her breaking through?
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  #2226 (permalink)  
Old 08-07-2008, 06:34 PM
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Default Trendlines are drawn to be broken

"The best way to predict the future is to create it."

Peter Drucker

Anyone get in on that EJ short?
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  #2227 (permalink)  
Old 08-07-2008, 06:37 PM
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Default

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Originally Posted by HAUGHT007 View Post
I haven't followed this beast long enough to know how well she respects the old trendline method. So I thought I'd get the opinion of the experts. Not to be pessimist but it looks like she's respecting the trendline starting on 7/20 at 251.09 at the high and hitting again 11/1 at 241.34. The last 3 days she's been testing this line but can't seem to get past it and right now it's sitting at 215.50. What are the chances of her breaking through?
Good observation. We are also at a neckline test of that giant head and shoulders.

It is possible for her to make a nice plunge.

If she breaks, she will be breaking two critical levels.
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  #2228 (permalink)  
Old 08-07-2008, 06:39 PM
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Anyone get in on that EJ short?
No, missed it after already taking a nice short on her.

I was busy with g/c and drinking beer during London open, forgot to check.
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  #2229 (permalink)  
Old 08-07-2008, 07:14 PM
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Default What Income Tax?

You know Tom Beat them. They should have known better than going up against a sharp lawyer like that. How could they think they could beat an honest lawyer that knows the law and the legal process?

Truth attack looks like they have it pretty much figured out.

It is just a matter of time before everyone in the USA knows, and stops getting jacked by the Inventory Reduction System!

By the way -
You can learn more about the U.S. Supreme Court cases by going to the Truth Attack website truthattack - spreading the message THEY don't want you to hear and
download "The Memorandum" for yourself. Then you'll see why Tom Cryer won his case and the jury acquitted him 12:0!
Around April 15, 2009 people will recognize our signs - because they will have seen our T-Shirts!
Let's create awareness & public outcry! Let's put an end to the misapplication of the "income tax"!

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Originally Posted by mytwopips View Post
Ha Ha. I know what you mean.
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  #2230 (permalink)  
Old 08-07-2008, 07:16 PM
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Post Me ?

Quote:
Originally Posted by rrram2 View Post
"The best way to predict the future is to create it."

Peter Drucker

Anyone get in on that EJ short?
I've done one and two mini lots from 169.40, already banked some pips from 169.40 down there on one lot. Still have some more to go. I hope it's gonna to test some support at 165.50 at the least- to bank more.
Already put S/L at the the breakeven on the remaining position so if it screams up again (for an unknown reason for me) I've still managed to squeeze some pips out of it.
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