nikoschopen
2,824 posts
msg #54198
- Ignore nikoschopen
modified |
8/19/2007 1:35:57 AM
Here are couple recent videos by Ira Epstein, one of the popular figures from the old school. Many of you may remember his TV show "Stocks, Options and Futures", which was one of the most popular Finance Television shows on what was then called The Financial News Network, which is now known as CNBC. I have to say, these two videos pretty much nailed what happened in the market.
Mid-day Stock Indexes Review with Ira Epstein
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nikoschopen
2,824 posts
msg #54222
- Ignore nikoschopen |
8/20/2007 1:32:40 PM
Just a hunch, but a buy program might kick in once everybody unloads the boat, taking what little profit they made in the last two days, thinking the market will tank again.
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karennma
8,057 posts
msg #54245
- Ignore karennma |
8/20/2007 11:08:51 PM
I noticed neither Ira Epstein nor inthemoneystocks did a video tonite.
Is tomorrow gonna be BLACK TUESDAY?
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petrolpeter
439 posts
msg #54275
- Ignore petrolpeter |
8/22/2007 5:58:40 AM
This may be a spell of summer doldrums.Just floating around 13000.
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nikoschopen
2,824 posts
msg #54278
- Ignore nikoschopen |
8/22/2007 12:04:46 PM
It sure feels that way. After 3 weeks of gut-wrenching roller coaster rides, this market is putting me to sleep.
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petrolpeter
439 posts
msg #54279
- Ignore petrolpeter
modified |
8/22/2007 2:32:52 PM
AAPL based at 120 and came up ,didn't notice it till now.This filter takes a look at AAPL and more that slowly come back after a correction:
Should have paid more attention!
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nikoschopen
2,824 posts
msg #54286
- Ignore nikoschopen |
8/22/2007 10:33:35 PM
Okay, BofA gave Countrywide a new lease on life by investing $2B and the afterhours trading is off to the races. Call me retarded but I have hard time understanding how this alone can wipe out all the troubles facing the subprime woes of late. Only thing that I see are bunch of morons with their overinflated emotions running on turbo charge for reasons that elude me. Well, I guess that's natural for a perma bear. Let me know if you have a better explanation.
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heypa
283 posts
msg #54288
- Ignore heypa |
8/23/2007 12:33:59 AM
I think BofA has evaluated that there is no way that the FED would stand by and let the largest savings and loan fail and go bankrupt.Or perhaps they think that they can capitalize on sufficient share price gain to turn a profit later in the run to Jim Cramers DOW 14500.After all the FED listens to Cramer, or so he says.
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nikoschopen
2,824 posts
msg #54289
- Ignore nikoschopen |
8/23/2007 1:56:34 AM
No doubt, Cramer is a force to be reckoned with. Whatever.
Previously, there was an article about the possibility that Warren Buffett might come knocking at the beleaguered company. I was a little bewildered then but now I feel outright irritated. Just because Buffett is interested in acquiring Countrywide, the concern over credit crunch that has pushed the market into a tailspin is no longer an issue? How idiotic can you get?
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msummer2007
129 posts
msg #54291
- Ignore msummer2007 |
8/23/2007 10:42:17 AM
Now I have heard everything. Mark Haynes of Cnbc, makes a statement, "what will the fed do if we retest the bottoms." It is expected that the feds will intervene.
I feel bad for traders making a living shorting, heaven forbid this market takes it's lumps like everyone else does.
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