Stock Market 7/27/10

khosk · 07-27-2010, 07:03 AM

Dupont blows away earnings and futures respond by rising. But I personally think the real story is oil as it floats closer to the price of 80 dollars. Over 80 and it could put a drag on the economy. With the recent rise, gas prices have started to rise again.

The Yancey · 07-27-2010, 07:34 AM

Agreed. Crude is sitting at $79 and looking for any excuse to jump. I would dearly love to find a way to take trading away from being rigged by speculators and returned to a supply-demand driven market.

zambam · 07-27-2010, 08:23 AM

I just now see that you took this out of the PF.(by the way, thanks for making that one private or invitation only. I rarely posted but it was a time toilet for me as I read the rediculosity).

My perspective on the markets is driven by bonds, Mortgage Backed Securities in particular. One of the sources i read often constantly reiterates this mantra, "it's a trader's world, we are just livin' in it". It has amazed me how often the market trades right on the technical lines.

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07-27-2010, 07:03 AM	#1
khosk Administrator Male Join Date: Mar 2005 Location: Simpsonville, SC Posts: 12,360 CockyCash: 109993	Stock Market 7/27/10 Dupont blows away earnings and futures respond by rising. But I personally think the real story is oil as it floats closer to the price of 80 dollars. Over 80 and it could put a drag on the economy. With the recent rise, gas prices have started to rise again.

07-27-2010, 07:34 AM	#2
The Yancey Grumpy Old Fart Male Join Date: Nov 2005 Location: Sunshinny Florida Posts: 15,721 CockyCash: 4751450	Re: Stock Market 7/27/10 Agreed. Crude is sitting at $79 and looking for any excuse to jump. I would dearly love to find a way to take trading away from being rigged by speculators and returned to a supply-demand driven market. __________________

07-27-2010, 08:23 AM	#3
zambam Blue Chip Male Join Date: Mar 2008 Location: charlotte Posts: 667 CockyCash: 24050000	Re: Stock Market 7/27/10 I just now see that you took this out of the PF.(by the way, thanks for making that one private or invitation only. I rarely posted but it was a time toilet for me as I read the rediculosity). My perspective on the markets is driven by bonds, Mortgage Backed Securities in particular. One of the sources i read often constantly reiterates this mantra, "it's a trader's world, we are just livin' in it". It has amazed me how often the market trades right on the technical lines.

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