We must begin to work our way back above 13,000.00 soon (read "tomorrow") or we are in a world of hurt!
As I wrote last night, the next stop isn't until we get below 12,000.00.
Be careful in the next few days.
Remember: "Dead cats can bounce too!"
E Rabbitt
READ AND BE WARNED!
It should be self evident, but there are many unwise creatures running around this little sphere of ours so we here at kingdom central feel it's in OUR best interest to state the most obvious. This is a blog operated for the enjoyment of rabbits, hares and bunnies BY rabbits, hares and bunnies! And as anyone with the sense God gave the geese understands, rabbits are well, RABBITS! So DO NOT follow any comments, suggestions, directions or wishes offered on these pages UNLESS YOU TOO are of the Lagomorpha Order! We do not want to be held accountable for anybody's tail becoming bushy!
Wednesday, August 15, 2007
Tuesday, August 14, 2007
It Goes Without Saying.......
I'll get right to the point. The market must hold 13,000.00 tomorrow or we could all be facing a very hard, long winter. Not one for drama and forever the eternal optimist, the facts are too overwhelming regarding the next 24 hours of trading.
The market first crossed over the 13,000.00 mark on April 25, 2007. We set the high on July 17, 2007 at 14,021.95. The scary part about markets that run up so strong in short burst of time is simply the fact that little if any consolidation takes place to provide true foundational support. There will be nothing under the Dow should 13,000.00 fail to hold. The first real test would come just under 12,000.00. After that, the next swing down would aim for the 10,600.00 range.
Value is no longer relevant to this market. The American economy is the same today as it was in late April of this year. The Twin Sisters are now the driving force of the street. Greed and fear are always lurking up and down the corridors of American investing. When left to roam the countryside unattended as they now are, the sisters become far more damaging to the general mental stability of the investing public.
Let us all hope for the best but let us clearly prepare for the worst.
E. Rabbit
The market first crossed over the 13,000.00 mark on April 25, 2007. We set the high on July 17, 2007 at 14,021.95. The scary part about markets that run up so strong in short burst of time is simply the fact that little if any consolidation takes place to provide true foundational support. There will be nothing under the Dow should 13,000.00 fail to hold. The first real test would come just under 12,000.00. After that, the next swing down would aim for the 10,600.00 range.
Value is no longer relevant to this market. The American economy is the same today as it was in late April of this year. The Twin Sisters are now the driving force of the street. Greed and fear are always lurking up and down the corridors of American investing. When left to roam the countryside unattended as they now are, the sisters become far more damaging to the general mental stability of the investing public.
Let us all hope for the best but let us clearly prepare for the worst.
E. Rabbit
Saturday, August 4, 2007
It's almost not fair. Really! :)
Saturday, August 4, 2007
Sweetgrass Burrow
It's almost not fair. Really! After all, I'm just a rabbit with no formal schooling, no corner office overlooking Wall Street and no secretary running here and there fetching me this or that. Yet, here I sit watching day by day as the street and all among it continue to fall victim to mistakes, misstatements and other dastardly tricks layered upon the investing community by the very, very few wise enough to conduct such machinations.
To borrow a phase from one of my all-time favorite movies: "It was old magic"
See, these tricks of the trade being plied against the investing public are as old as the hills. Nothing new here at all. However, while we in the animal kingdom have been able to survive BECAUSE of our remembering the past and the wisdom passed on by those who have gone before us, humans can not see that which has been tested true for all the ages. To put it in easy, simple terms: "Humans are too smart for their own good!"
The Dow closed down for the week again and we are short at the 13,409.00 mark. With the final number resting at 13,179.00 on Friday, we find ourselves up over 230 points since we posted our short gate two weeks ago. Again, remember, listen to the wind, watch the birds in the trees, put your ear to the ground and sit still. Believe what you see and know, not what you hope for and are told.
Alas, humans hate sitting still for any length of time and almost NEVER wish to observe, especially in this Internet instant age. Like I said, it's almost not fair.
E. Rabbit
Sweetgrass Burrow
It's almost not fair. Really! After all, I'm just a rabbit with no formal schooling, no corner office overlooking Wall Street and no secretary running here and there fetching me this or that. Yet, here I sit watching day by day as the street and all among it continue to fall victim to mistakes, misstatements and other dastardly tricks layered upon the investing community by the very, very few wise enough to conduct such machinations.
To borrow a phase from one of my all-time favorite movies: "It was old magic"
See, these tricks of the trade being plied against the investing public are as old as the hills. Nothing new here at all. However, while we in the animal kingdom have been able to survive BECAUSE of our remembering the past and the wisdom passed on by those who have gone before us, humans can not see that which has been tested true for all the ages. To put it in easy, simple terms: "Humans are too smart for their own good!"
The Dow closed down for the week again and we are short at the 13,409.00 mark. With the final number resting at 13,179.00 on Friday, we find ourselves up over 230 points since we posted our short gate two weeks ago. Again, remember, listen to the wind, watch the birds in the trees, put your ear to the ground and sit still. Believe what you see and know, not what you hope for and are told.
Alas, humans hate sitting still for any length of time and almost NEVER wish to observe, especially in this Internet instant age. Like I said, it's almost not fair.
E. Rabbit
Saturday, July 28, 2007
July 28, 2007
MY, MY, MY!
Did you see what ol' Mister Jones went and did last week? Well, did ya??
Like the Grinch on a cold December morning, he just slid into our living rooms and stole ALL of our damn presents!
The worst week for the Dow in five years. FIVE YEARS!!
But, alas, one should never complain too loudly or we shall become like politicians.
No my furry brothers and sisters, we still had ourselves a fine month of July. We went long as posted below on June 26, 2007 at 13,350.00 on the DJI. Our signal to go flat came on July 20, 2007 at the price of 13,864.09 during the first hour of the day. This represented a movement of over 500 points and 4%. A rabbit just shouldn't ask for much more. We rabbits are not known for being greedy.
We were given a signal to go short on the DJI on Thursday, July 26, 2007 at the price of 13,409.52 While we are to the good on this movement by some 144 points thus far, only time will tell if this is a true movement south or just a test before we run onward and upward to new highs. In either case I shall relay any thoughts I might have on this subject as the mood strikes. Till then I remain your faithful servant,
E. Rabbit
Did you see what ol' Mister Jones went and did last week? Well, did ya??
Like the Grinch on a cold December morning, he just slid into our living rooms and stole ALL of our damn presents!
The worst week for the Dow in five years. FIVE YEARS!!
But, alas, one should never complain too loudly or we shall become like politicians.
No my furry brothers and sisters, we still had ourselves a fine month of July. We went long as posted below on June 26, 2007 at 13,350.00 on the DJI. Our signal to go flat came on July 20, 2007 at the price of 13,864.09 during the first hour of the day. This represented a movement of over 500 points and 4%. A rabbit just shouldn't ask for much more. We rabbits are not known for being greedy.
We were given a signal to go short on the DJI on Thursday, July 26, 2007 at the price of 13,409.52 While we are to the good on this movement by some 144 points thus far, only time will tell if this is a true movement south or just a test before we run onward and upward to new highs. In either case I shall relay any thoughts I might have on this subject as the mood strikes. Till then I remain your faithful servant,
E. Rabbit
Thursday, July 19, 2007
July 19, 2007
Hello! Hello! Hello!
What a wonderful and profitable few weeks we have had. As I mentioned back on July 2, 2007 the Dow Jones Index moved into a positive current on June 26, 2007 at 1:45 pm around the price point of 13,350. This morning we see the Dow sitting at a record level of 14,000. For those of you with paws and not fingers, the math works out to an amazing move up of 650 points in four weeks. FOUR WEEKS! It is soooo good being king.
As I munch on my morning carrot we know not where Mr. Jones is heading. The currents are still moving up. We must be prepared for the inevitable test that is as sure to show as Sox on a frosty fall morning. I will post more often as we approach that sly ol' hound. Till then, happy hopping!
Ebenezer Rabbit
What a wonderful and profitable few weeks we have had. As I mentioned back on July 2, 2007 the Dow Jones Index moved into a positive current on June 26, 2007 at 1:45 pm around the price point of 13,350. This morning we see the Dow sitting at a record level of 14,000. For those of you with paws and not fingers, the math works out to an amazing move up of 650 points in four weeks. FOUR WEEKS! It is soooo good being king.
As I munch on my morning carrot we know not where Mr. Jones is heading. The currents are still moving up. We must be prepared for the inevitable test that is as sure to show as Sox on a frosty fall morning. I will post more often as we approach that sly ol' hound. Till then, happy hopping!
Ebenezer Rabbit
Monday, July 2, 2007
Rabbit Ebenezer
Salutations. I am Rabbit Ebenezer, often referred to as E.Rabbit for short. I am on occasion motivated to comment on the machinations of various items as they pertain to the gettings and lettings of such things. These are always items of interest, such as carrots, heads of lettuce, bushels of pine bark or even the 10 Year US Treasury Note. When and if the spirit moves me to mark my observations, I will post them here for your pleasure. As stated elsewhere on this blog, I am a rabbit, so anyone who would give my writings anymore than a casual review would be an IDIOT!
Now that we have that out of the way, lets begin.
On Tuesday, June 26, 2007, the Dow Jones Index moved into a positive position at 1:45 PM, Sweetgrass Time. This was reflected on the Primary Gate, thus, it is the major current of direction for the index.
Now that we have that out of the way, lets begin.
On Tuesday, June 26, 2007, the Dow Jones Index moved into a positive position at 1:45 PM, Sweetgrass Time. This was reflected on the Primary Gate, thus, it is the major current of direction for the index.
Sunday, July 1, 2007
A Grand New Day!
Greetings and welcome from all the four corners of the globe! We wish you all peace and good cheer as we begin the journey that is to be The Great Bunny Nation. I am KOTB (hint: king of the ....). It is with warmest regards that I invite each of you to join our merry little band of fur!
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