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IBDvalueinvestin (99.67)

Stocks crashing

Recs

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July 21, 2009 – Comments (13)

RTP should change symbol to R.I.P. its crashing down -$5.85/shr

Others down big right now are

LMT -6.18

BLK -4.20

ALX -3.70

SHW -3.46

AZO -3.46

EDC -3.02

DB -1.30

JRCC -0.75

IPI -1.05

CF -0.75

AAN -0.69

 

 

 

13 Comments – Post Your Own

#1) On July 21, 2009 at 1:32 PM, IBDvalueinvestin (99.67) wrote:

one more crashing stock is AAI down -0.52

considering its only at $5.84 that drop is considered crashing.

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#2) On July 21, 2009 at 1:37 PM, portefeuille (99.67) wrote:

RTP should change symbol to R.I.P. its crashing down -$5.85/shr 

Your crash threshold appears to be a little low. RTP is currently at ca. $146.12. It closes on Friday at $145.21.

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#3) On July 21, 2009 at 1:48 PM, portefeuille (99.67) wrote:

closes

closed

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#4) On July 21, 2009 at 1:52 PM, IBDvalueinvestin (99.67) wrote:

You know things are bad today when even stocks that have profits soar nearly 300% can't go up.

RDY is crashing from $16.70 now only $16.10

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#5) On July 21, 2009 at 1:58 PM, AdirondackFund (< 20) wrote:

Nooooo, really?  Stocks are crashing now?  Imagine that. 

Hey Port!  How come you can't see these things BEFOREHAND?  You must be missing something.  

Elliot Wave is a mathematical description of the Auction Process, the psychological forces required to make bidders and offerers JUMP on que.  But they provide absolutely NO EXPLANATION for the ultimate endpoint of each movement.  

How come you don't know this?  Are you really that stupid?  Everytime I see an EW person, I know I am talking to a fool.  

 

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#6) On July 21, 2009 at 2:03 PM, portefeuille (99.67) wrote:

Hey Port!  How come you can't see these things BEFOREHAND?  You must be missing something.  

Elliot Wave is a mathematical description of the Auction Process, the psychological forces required to make bidders and offerers JUMP on que.  But they provide absolutely NO EXPLANATION for the ultimate endpoint of each movement.  

How come you don't know this?  Are you really that stupid?  Everytime I see an EW person, I know I am talking to a fool. 

 

I am not sure whether you meant me (beyond the exclamation mark). I am not an "EW person" and usually refrain from making predictions. But I guess you meant someone else ...

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#7) On July 21, 2009 at 2:57 PM, AdirondackFund (< 20) wrote:

Oh, I'm sorry.  I thought we met at the BADVIBE Cil.  Maybe I was wrong. 

Will you be modifying your correlation chart?  You know, the one which correlates the March 2009 low with the ????January 1988???? low?  You did mean to correlate that chart with the actual 1987 low didn't you?  It would actually be nice to see good work and you correlation charts would be fascinating to look at, provided of course that you had the correct coreelations in them to begin with.  

Food for thought all the way around.  Nothing ventured, nothing gained.....just like in California.   

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#8) On July 21, 2009 at 3:00 PM, portefeuille (99.67) wrote:

I have updated it in comment #39 here.

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#9) On July 21, 2009 at 3:32 PM, AdirondackFund (< 20) wrote:

Port, Port, Port, Port, it is the S&P 500 Rally that you are interested in comparing, not the Nasdaq.  And the date of the correlation will only prove insightful if the start date is October of 1987, not January of 1987.  Good God man, the Japanese were buying Rockefeller Center in January of 1987 and they haven't made a dime since.  We are rather difficult on our enemies.  What looked like a takeover of US Real Estate at the time and for which the Japanese paid $25 a share for the asset, Rocky was the sterling gentleman in BAILING THEM out after the crash by taking back all of the shares at $5 per share. 

It was a most heady time, as Japanese Businessmen were insisting on Golden  silverware and goblets at the time.  I may be incorrect, but is that them now drinking from Dixie Cups?

You decide.  

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#10) On July 21, 2009 at 3:38 PM, portefeuille (99.67) wrote:

Actually my main point is that this form of rally takes place for many different financial instruments, periods in time and time frames.

Have a look for example at the USD/RUB exchange rate.

 



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#11) On July 21, 2009 at 3:40 PM, portefeuille (99.67) wrote:

That green curve is again of the form a*t^b, where a,b are constants and t is the time variable.

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#12) On July 21, 2009 at 3:58 PM, dudemonkey (37.92) wrote:

S&P 500 up by 0.2% for today. 

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#13) On July 21, 2009 at 4:03 PM, portefeuille (99.67) wrote:

... and new 2009 high for the NASDAQ 100 cash index (intra-day and "closing").

 



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