And dont forget the Global Warn . . . sorry . .. Global Warming banner in the windows

. . it’s happening NOW

We told you

census is . . 

The Darling Doll AAPL is holding her amazingly good looks this day, again !

Frogs and bras, it is.

[quote author=“willrob”][quote author=“Tommo_UK”]I recommend you home-school your kids, sell your car, install wind turbines, stock up on bottled water, lock your doors, and make tin-foil hats to ward off the radiation because the world is going to collapse any minute now, yeah…

I thought the tin-foil hat was to keep aliens from taking over control of our minds. Have I been doing this wrong? Please advise.

That’s just what “they” want you to believe

[quote author=“Tommo_UK”]
OK I just bought GS at 191.22, with a stop at 188.

On my weekly chart the 14-week RSI for GS is down to 24.8.  This is the lowest in three years.  We are trying to catch the proverbial knife here, but if we do snag it, the profits should be generous.

Could you interpret for the less informed here?  I too have had GS on my watch list and the price looks attractive here.

[quote author=“capablanca”][quote author=“Tommo_UK”]
OK I just bought GS at 191.22, with a stop at 188.

On my weekly chart the 14-week RSI for GS is down to 24.8.  This is the lowest in three years.  We are trying to catch the proverbial knife here, but if we do snag it, the profits should be generous.

I did very well with GS last year and part of this year.  Exited between $230 and $220, mostly.  I’d like to own it again, but I am still concerned about the overall negative sentiment against financial stocks right now.  Think I’ll wait.  T., what’s your upside target?

Anyone have an opinion whether $145 holds today or whether we could visit $147?

[quote author=“capablanca”][quote author=“Tommo_UK”]
OK I just bought GS at 191.22, with a stop at 188.

On my weekly chart the 14-week RSI for GS is down to 24.8.  This is the lowest in three years.  We are trying to catch the proverbial knife here, but if we do snag it, the profits should be generous.

I am wearing ceramic-covered, Kevlar-lined, bullet-proof, knife-catching gloves. I am 100% certain that my GS trade is as good as money in the bank.

And I will buy a Zune to use for a week in penance if I am wrong. 

GS just peeked over $194, but we’re into Cramer’s self-declared “2pm selling hour” now so monkey sell. I will hold this over the weekend, and if there’s is a broader market dump into the close I will likely go shopping for more stocks to hold for a trade. Today’s action is silly smelly bear doo-doo. I just saw a post over at TSC that ÑŒber-bear Doug Kass is buying stocks - GS no less - which is what truly scares the crap outta me. I don’t want him on the gravy train with me, but if even he’s buying short-term, then who the hell is left to sell?

My GS stop is still set at 188. There’s unlimited downside below that. A break of $189 would really indicate such incredible bearishness and technical weakness that I’d have serious doubts about the entire market TBH.

OT: UNH is sub-$50!

BOOM:

I’m just playing the chart.

I know this is not a GS intraday group but volume is ramping up right now along with the price.  The markets seem like they are trying to rally and then falter back down. Anyone agree?

Edit - don’t you also think apple will rally into the close. Should be a lot of good reading this weekend about apple and it’s risky to NOT be in…

[quote author=“Tommo_UK”] ... OT: UNH is sub-$50!

All financial stocks are murdered.  Insurance is financial.  Berkshire Hathaway has not been moving since Dec 06.

Apropos my post above, Kass just yelled “buy the banks!” Amazing - I’d never believe it if I hadn’t read it myself.

“Doug Kass
Buy the Banks for a Trade
7/27/2007 2:24 PM EDT
First time, long time: Buy the banks for a trade.”

OT: GOOG is at $512. AMZN just went green. RIMM is $2 back off its low. AAPL is still red. Markets do not look like they are in a panic. This is program trading gone wild - there are too many inconsistencies in the action in individual stocks. This is totally gamed IMO.

Keep an eye on SNDK…  It had been holding up well since the run up to/after earnings it saw 60 AH…  Today slipping down near 54.  I’ll need to study the technicals more but I’ve been buying today…  last pick-up 54.30…

Sounds like all things NAND for the next 18 months…  should be a good call.

BTW:  25% gain from here would look like this:

AAPL 145.5 to 181.87

SNDK   54.5 to 68.12 (and still below the all time high!)

both likely but I wonder which happens first?? 

[quote author=“Quadra”]25% gain from here would look like this:
AAPL 145.5 to 181.87
SNDK   54.5 to 68.12 (and still below the all time high!)
both likely but I wonder which happens first?? 

Better buy both, just in case

Does anyone here have access to the S&P oscillator?  If so, what is the reading?  Just listened to Cramer talking about using the oscillator to call a bottom.