Where is the Dow & others heading in 2005?

[Racer]

Witching today so anything can happen!

 

[Pat494]

10605 - that's a good index
down we come.

 

[kriesau]

FWIW there is a net TOMO drain of $8.5b today. Sometimes there is a correlation between liquidity add/drain and the dow, and sometimes there isn't. I expect a down day when there is such large drain - let's see if we get it.

Minder - Where do you get this figure from ?

 

[Minder]

Minder - Where do you get this figure from ?

Last 25 operations here.

Stephen Hulme is an ex bond trader who provides a chronicle of repurchase agreements here. The graphs are not updated with the placement today. So he shows a net drain of $11.25b. $3b added today, giving a net drain of $8.25b.

Sorry, I posted $8.5b earlier.

 

[Pat494]

What with BA trying to commit suicide and Rolls Royce on the verge of striking, it seems like the good old 70s are back again.

 

[RUDEBOY]

Oh yes! Mullets and flares!

 

[JillyB]

Oh yes! Mullets and flares!

I thought Mullets were from the '80s? Large fuzzy permed hair was the 70's!
Come on Rude - you remember!!! Just like last week

 

[kriesau]

Wide jacket lapels
Kipper ties
Flares
Cheesecloth
Hipsters
Button down collars
Split Skirts
etc etc

Where's the Dow going to close on 19/08/2005 ?

 

[kriesau]

Ford Capri - with a vinyl roof
Cortina 1600E
TR 7
Triumph Stag - what a dog !
Carole King
Elton John
Moody Blues
ELO
John Lennons "Imagine"
George Harrisons "My Sweet Lord"
Miners Strike
Wilson Resigns
Nixon Resigns
Vietnam War Ends
Draft Dodgers Amnestied
Bangladesh
Thunderbirds Are Go
etc etc etc

Where's the Dow going to close on 19/08/2005 :!: :!: :!:

 

[RUDEBOY]

Slade.....Did the guitarist in slade have a mullet?

 

[JillyB]

Ford Capri - with a vinyl roof
Cortina 1600E
TR 7
Triumph Stag - what a dog !
Carole King
Elton John
Moody Blues
ELO
John Lennons "Imagine"
George Harrisons "My Sweet Lord"
Miners Strike
Wilson Resigns
Nixon Resigns
Vietnam War Ends
Draft Dodgers Amnestied
Bangladesh
Thunderbirds Are Go
etc etc etc

Where's the Dow going to close on 19/08/2005 :!: :!: :!:

And what about tarten scarves and the BAY CITY ROLLERS!!! Oh my God - I was only 7 and it was tarten everything! Remember it like it was yesterday!

 

[RUDEBOY]

Kris, i was only talking about Capris today, honestly! Funny that? Also, Mexico's and the old RS 2000's. RUDEBOY.

 

[JillyB]

Slade.....Did the guitarist in slade have a mullet?

He probably still does! He was probably born with a mullet!

 

[kriesau]

Slade.....Did the guitarist in slade have a mullet?

Naw...his name was Dave Hill and he had long, lanky straight black hair and wore ridiculous clothes. He looked like a total prat !

Now Noddy Holder - that was a different matter - I saw him on TV recently in an Ad and he has STILL got a mullet.

Where is the Dow going to close on 19/08/2005 - I NEED to know folks :cheesy:

 

[RUDEBOY]

Yeh!....Sod Slade! What about the markets?

 

[kriesau]

And what about tarten scarves and the BAY CITY ROLLERS!!! Oh my God - I was only 7 and it was tarten everything! Remember it like it was yesterday!

Ah - they were only for little girls

I was too busy driving my purple Ford Capri - with a black vinyl roof of course - down the Kings Rd, windows open, radio on full volume, shades on, cheesecloth shirt open half way to the waist, gold chain around my neck, skin tight flared jeans, Big Tissot watch on my wrist - trying to look

:cheesy: :cheesy: :cheesy:

 

[Racer]

Sorry have I got the wrong BB? Or is it the time tunnel?

 

[kriesau]

Sorry have I got the wrong BB? Or is it the time tunnel?

Now Racer, I know you're tuned in and very perceptive so where is the Dow going to close on 19/08/2005 ???

I'm feeling blue cos my Dow short got stopped out just a couple of points off todays peak...........Grrrrrrrrrrrrrrrrrrr !!!

Please tell - don't keep it to yoursel - it is Friday afternoon and we all want to have an enjoyable weekend - so spill the beans and let me end on a high note - there is still over an hour before the market closes.

:cheesy:

 

[Racer]

Where is it going to close? Hmm, let me see

10550 or thereabouts.. maybe or maybe not.....

 

[Pat494]

IMHO It's going to top out soon, with a likely fall back to 10560s.
Oil worries as usual.

I seem to have set off 70s nostalgia alley !!
lets make it 10533 and I get 10 points on the Dow comp. :cheesy: