Not paying a mortgage, increases discretionary income…I read blog post once, someone’s daughter working at Apple store (outside of Manhattan) said people sometimes use 3 credit cards to complete a purchase…and not a rarity…
People in US will blow, every last bit of credit on I-crap…I’m not surprised…it’s not like banks will ever get paid anyway…look at their earnings, a la C this morning…
Red, that turnaround better come tomorrow, or my faith in Gann traders and your FP will be gone forever…that along with any other TA, that didn’t work last year…LOL
hey, makes sence. everyone else but myself went out and bought their crap. This is so strange because most people I know are hurting or are broke. Yet, these big companies who produce junk keep “surging”. Oh well. Holiday volume.
do you question ‘WHY’ apple came out with JOBS new YESTERDAY, rather than announcing it during the conference call. What they have set up is a scenario whereby the entire questioning on the call will be about steve…. maybe it was a tatical distraction. maybe some margin compression will show up in there numbers after the bell which is the reason behind the early announcement. The street wants BLOW out numbers,,,maybe they only are at blow right now….? who knows….we will find out soon.. just something to think about…
Unless the dow sells off on its 100+ point open tomorrow, I’d say that print was revised…
Look at the NASDAQ BB breaks.
http://stockcharts.com/h-sc/ui?s=$COMPQ&p=D&yr=0&mn=2&dy=0&id=p70433372832&a=221452831
Not paying a mortgage, increases discretionary income…I read blog post once, someone’s daughter working at Apple store (outside of Manhattan) said people sometimes use 3 credit cards to complete a purchase…and not a rarity…
People in US will blow, every last bit of credit on I-crap…I’m not surprised…it’s not like banks will ever get paid anyway…look at their earnings, a la C this morning…
Red, that turnaround better come tomorrow, or my faith in Gann traders and your FP will be gone forever…that along with any other TA, that didn’t work last year…LOL
hey, makes sence. everyone else but myself went out and bought their crap. This is so strange because most people I know are hurting or are broke. Yet, these big companies who produce junk keep “surging”. Oh well. Holiday volume.
AAPL blows out. No recession there.
IBM beat on all counts.
And Dow broke above upper BB
RED,
IDIA close – 118.28 let me see (11+8 = 19) and (2+8 = 10, or rather 1) does this point to 1/19 tipping point reversal???
Interesting point on Jobs. I was curious why they did not wait until after earnings. But the distraction may have been set up as you suggest.
I am shocked that the sp has been able to sustain past 1293 fib fan
jim,
do you question ‘WHY’ apple came out with JOBS new YESTERDAY, rather than announcing it during the conference call. What they have set up is a scenario whereby the entire questioning on the call will be about steve…. maybe it was a tatical distraction. maybe some margin compression will show up in there numbers after the bell which is the reason behind the early announcement. The street wants BLOW out numbers,,,maybe they only are at blow right now….? who knows….we will find out soon.. just something to think about…