We're back up. Thanks to our Tech staff.
Mark
Saturday, February 2, 2008
Market Outlook
Friday's strong close is a clear sign that the game has changed (in case it wasn't clear to you earlier). If we were still in Bear mode, they've have sold it down, just to reduce risk.
That they didn't indicates that money is flowing back into stocks.
It's important to remember that a ton of money has been sitting on the sidelines and money market funds have huge assets in them. More is coming too. Meanwhile, MM funds are paying less and less.
That's a prescription for a bigger rally than many assume.
I'd not be surprised by some selling, but the trend is now up, though within a technical Bear. We'd do well to give the Bullish case a bit of respect here.
That they didn't indicates that money is flowing back into stocks.
It's important to remember that a ton of money has been sitting on the sidelines and money market funds have huge assets in them. More is coming too. Meanwhile, MM funds are paying less and less.
That's a prescription for a bigger rally than many assume.
I'd not be surprised by some selling, but the trend is now up, though within a technical Bear. We'd do well to give the Bullish case a bit of respect here.
Site's Down
We're on it. We were having sporadic problems on Friday, but nothing cataclysmic.
This morning we're down. As soon as tech can be run down we'll see if we can't fix it. I won't try until I've had a second cup of coffee.
Mark
This morning we're down. As soon as tech can be run down we'll see if we can't fix it. I won't try until I've had a second cup of coffee.
Mark
Tuesday, January 29, 2008
Traders-Talk is Back Up!
I'm pretty sure that UK Tech had to restore the site. We may have lost some stuff. Still, up is good.
If we have a problem in the future, this will be your place to go.
Mark
If we have a problem in the future, this will be your place to go.
Mark
Tired Market
As of lunchtime on 1/29, it sure looks like the market is tired. There's still strength, so Bears want to be careful, but I'm not liking the way the Russell is under-performing. Breadth is less than robust, too.
I think that perhaps there is some fear that the Fed is going to disappoint tomorrow.
Since the market is not out of the woods as yet, we want to be pretty careful.
OEXCHAOS
I think that perhaps there is some fear that the Fed is going to disappoint tomorrow.
Since the market is not out of the woods as yet, we want to be pretty careful.
OEXCHAOS
No Progress Yet
We don't yet have any forward progress yet on the server. We are working on it, but it may be a while. I'm going to post here on the market and open up to comments in the meantime for those who are in need of their community.
I know I'm missing it.
We will advise as we know more.
Mark
I know I'm missing it.
We will advise as we know more.
Mark
A Backup for Traders-Talk
Occasionally, the site goes down, and when it does, it can be frustrating. I've set this blog up so that you can at site status get updates as well as communicate while we fix whatever might ail us. Think of this as a "backup" TTHQ.
Mark
Mark
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