Crudeman

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7 Comments

    • Wed Oct 15th 17:05 PM | Rating: 0 0
      Commented on:
      Does the Dow's History Offer Hope?
      Well back in '29 you could buy stocks for 5-10% down. Now you could buy houses for 5-10% down...Hmmm, when are we gonna learn there ain't no free lunch?!?
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    • Sun Oct 12th 19:35 PM | Rating: 0 0
      Commented on:
      Was Friday's Rally Just a Hedge Fund Short Squeeze?
      Personally, as a chartist, a huge head & shoulders top objective was met at 7900 hence the dramatic 1400 pt round trip in the first half hour. Obviously it was mostly short covering as it then settled back to trade sideways until the spike at 2 pm. Having said that, wouldn't it have been nice if Ben and Hank had included Lehman's in all their schemes last week and all these money raising shenanigans might have saved a couple of trillion in equity holdings...
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    • Sun Oct 12th 18:52 PM | Rating: 0 0
      Commented on:
      The Crash of 2008
      As a chartist, another telling point is 7900 on the DOW. There have been three head & shoulders tops in this topping formation of the last 3 years. The top h&s objective was 11,000, which was reached and reacted off of. The second larger one went to 9500 which it took 2 days to break and break it did. Lastly, the large h&s which was spread over the 3 year period, measured 7900. We got there Fri. in rapid time and witnessed a huge short covering move which gave us a 1400 pt round trip in less than 30 mins. This makes me confident we've seen the bottom for this round....
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    • Sat Sep 20th 09:09 AM | Rating: 0 0
      Commented on:
      If You Think the Dow Did Well Today, You're Wrong
      As a couple of people pointed out, the rally started Thur when other markets were closed. They were just catching up on Fri.
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    • Thu Jul 31st 09:25 AM | Rating: 0 0
      Commented on:
      Replacing P/E in Valuing Apple Stock
      Shout it from the rooftops Steve...I've got Aug 160 calls!!
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    • Tue Jul 1st 08:49 AM | Rating: 0 0
      Commented on:
      Tuesday Outlook: Commodities, Emerging Markets
      Hey Dave...Love your charts and comments. You use Stock Charts for your analysis. I use both Stock Charts and Big Charts. The trouble with Big Charts is their indexes, especially the DOW are way off in price range. I've seen their daily prices vary as much as 100 points from reality (their daily charts will show the true price). For example their Jan low shows 11,500 verses about 11690. Is there a reason for this or do they use Yahoo's numbers man for that as well!! Thanks, John
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    • Thu May 29th 08:16 AM | Rating: 0 0
      Commented on:
      Thursday Outlook: Commodities, Emerging Markets
      Has anybody else had probs downloading the charts?? Blank yesterday and today on both Mozilla and Int Exp.
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