StockTwits Transcripts

StockTwits Brunch Transcript Feb 21, 2009, Part I

  • JST4FSH Feb. 21 at 10:40 AM #
  • $$ Trend is your friend :)
  • EverettStuckey Feb. 21 at 10:40 AM #
  • @ppearlman only point is since the demand $GLD is irrational there’s no reason to not assume tomorrow people will wake up & stop buying
  • anthonydadlani Feb. 21 at 10:40 AM #
  • @ericjackson Was out on Wed. Never seen the city so dead. There is def a fear. This too shall pass :) Over time. $$
  • tickerville Feb. 21 at 10:39 AM #
  • May I ask why people are always bent on making predictions? I never get that. $$
  • JST4FSH Feb. 21 at 10:39 AM #
  • I am house shopping all my offers will be 25% below offers $$
  • llboyd Feb. 21 at 10:39 AM #
  • @GregorMacdonald $USO - or 3 out of every 5 articles or blog posts on the web.
  • MacroMeister Feb. 21 at 10:39 AM #
  • @jaltucher How about youth movement vs boomers: attraction to Twitter as next great disruptor of old fogey Facebook, etc. RTw/ $$
  • powitz Feb. 21 at 10:38 AM #
  • @jaltucher you’ve touched on it in past writings - is college a rip off? many kids not gonna go due to cost. $$
  • ericjackson Feb. 21 at 10:37 AM #
  • Friend of mine in NYC never seen things so bad there; people scared and laid off, real estate cracking; different fear than 9/11 $$
  • EverettStuckey Feb. 21 at 10:37 AM #
  • @ppearlman just read fooled by randomness if there ever is a real crisis gold will be completely useless. better off hording spam. $$
  • MacroMeister Feb. 21 at 10:36 AM #
  • @jaltucher of course, the striking part of that is it also seems to signal carry-crisis repatriation is all done!! $$
  • CubbieBears Feb. 21 at 10:36 AM #
  • $$ we may get a brief rally to bring in late coming shorts but ultimately think we see new lows by end of week.
  • jsfalvo Feb. 21 at 10:36 AM #
  • man I have to start my Sat morning run earlier I always miss the beginning of @tickerville session $$
  • aiki14 Feb. 21 at 10:36 AM #
  • $USO speculation is a downforce, Saudi pressure an upforce, Crude surprise an upforce, Long better than short, intraday both ways $$
  • JST4FSH Feb. 21 at 10:36 AM #
  • I run to $FAS on any market move up and $FAZ on down…
  • EverettStuckey Feb. 21 at 10:36 AM #
  • @ppearlman i don’t know, some time before humans developed a liking for shiny things. i guess some birds are also attracted to metal. $$
  • BHBGroupTrader Feb. 21 at 10:36 AM #
  • @ericjackson i doubt that very much…big money is still around for real estate as opposed to bs stock mkt invesments $$
  • aiki14 Feb. 21 at 10:35 AM #
  • @tickerville can’t remember the last multiyear breakout, but I think the hype will ease and it’ll pull back before it runs $$
  • ericjackson Feb. 21 at 10:34 AM #
  • Barron’s says high-end real estate in NY to drop another 30% — Abelson says real estate nationally to drop another 20% $$
  • JeffreyLin Feb. 21 at 10:34 AM #
  • @tickerville if we rally next week where would u look? Strength that has pulled back or weakness for SnapBack bounce? $$
  • dvolatility Feb. 21 at 10:34 AM #
  • $USD could break out if other countries keep dying, watching for a retest of resistance
  • EverettStuckey Feb. 21 at 10:33 AM #
  • @MacroMeister may well be. i’m not saying their won’t be inflation. i’m just saying gold doesn’t have any actual value. $$
  • MacroMeister Feb. 21 at 10:33 AM #
  • @tickerville $AKAM another example of that transition phase: widening consolidation vol w/good buoyancy on light volume; nice
  • aiki14 Feb. 21 at 10:33 AM #
  • $USO speculation is a downforce, Saudi pressure an upforce, Crude surprise an upforce, Long better than short, good for intraday both ways
  • JST4FSH Feb. 21 at 10:32 AM #
  • $$ $CPLA could see 52 on a 55 break very fast…
  • EverettStuckey Feb. 21 at 10:32 AM #
  • @MacroMeister exactly, but demand is irrational. Also limited supply of non yellow rocks outside as well but we don’t put them in vault $$
  • BHBGroupTrader Feb. 21 at 10:31 AM #
  • @MacroMeister $azo requires all suppliers to give them free inventory for all new stores only pays for it 30 days after its scanned for sale
  • MacroMeister Feb. 21 at 10:30 AM #
  • @EverettStuckey As in 1970’s, $GLD is a leading indicator with long lead time; once they succeed rescuing economy velocity will be a killer
  • MacroMeister Feb. 21 at 10:29 AM #
  • @EverettStuckey it’s supply/demand balance & they are now & will continue to swell the supply of USD & all fiat currency $$
  • EverettStuckey Feb. 21 at 10:28 AM #
  • @ppearlman ofcourse its worthless, has no utility. I mean dollar is worthless too don’t get me wrong. but gold is just a yellow rock. $$
  • CubbieBears Feb. 21 at 10:27 AM #
  • @tickerville I sold all my $GLD friday from the mid 80’s…may still go higher but looking for a pull back to get back in
  • JST4FSH Feb. 21 at 10:27 AM #
  • $$ What do you take away from Fridays action?
  • BHBGroupTrader Feb. 21 at 10:26 AM #
  • $cpla has a new ceo ex honeywell ceo…what does he know about multi level marketing?? thats all those edu stocks are is mlm
  • aiki14 Feb. 21 at 10:26 AM #
  • Put me on the record for a pullback on $GLD and $SLV and I think $AZO is a better short than long
  • MacroMeister Feb. 21 at 10:25 AM #
  • @tickerville $AZO also has a gr8 macro (combo fundie/tech) view story: automakers tank on fewer sales… so, many more repairs LOL
  • MacroMeister Feb. 21 at 10:22 AM #
  • @GregorMacdonald Lead contract Gold futures will live or die on whether Weekly Close can surmount 1,008 March ‘08 DOWN CPR Tolerance $$
  • dakapbj Feb. 21 at 10:21 AM #
  • $$ last week’s brunch summary, from my perspective, is here: http://bit.ly/4dYIN - this week’s will follow later
  • BHBGroupTrader Feb. 21 at 10:20 AM #
  • $vix unable to rally this week is another bullish divergence that needs to watched…red flag for shorting full press….keep it light $$
  • JST4FSH Feb. 21 at 10:18 AM #
  • $$ Morning Tickerville…
  • aiki14 Feb. 21 at 10:15 AM #
  • @tickerville So how do you reconcile intraday trading with weekly patterns? $$
  • MacroMeister Feb. 21 at 10:14 AM #
  • @aiki14 Sooo take a broader view & indeed be patient wating for bigger levels, which are working just fine ;-) $$
  • stotrader Feb. 21 at 10:12 AM #
  • Been sitting in $PNRA all morning using Quiznos wi-fi while car gets new rotors. Will tune into @StockTwits Brunch chat after I get home.
  • aiki14 Feb. 21 at 10:11 AM #
  • @tickerville I agree T/A works fine but there are blips in the data when news or reaction to news hits $$
  • MacroMeister Feb. 21 at 10:10 AM #
  • @tickerville I agree on broad view: DJIA fail 7882 prev weekly Close & S&P 500 no joy trying to hold 790 were v. effective $$
  • MacroMeister Feb. 21 at 10:08 AM #
  • @tickerville NOT really so much after TUES; u spoke of ‘transition’ & by late week a lot of UP Breaks fighting Gen’l Index weakness $$
  • aiki14 Feb. 21 at 10:07 AM
  • Perhaps a treatise on how Gov’t actions can throw a lot of T/A out the window? $$