Saturday, 19 October 2013

IBM

IBM never closed above 200 (see earlier post in Sep) and the breakdown occurred this week


3 comments:

  1. Audio, Tim Wood and John Grant. John goes off on Obabacare and explains irrationay buying as Hedgies playing catch-up on perceived expanding liquidity into Q1CY14. http://www.cyclesman.net/wp-content/uploads/2011/01/John101813.mp3

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  2. I used to listen to those two all the time about 4 years ago and had a subscription to Tim at one time. I will have to check it out.

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  3. Oil sands found under Gulf estimated value $1.5T:

    http://www.bloomberg.com/news/2013-09-12/wildcatter-hunch-unlocks-1-5-trillion-oil-offshore-u-s-.html

    That won't be $100 oil tho IMHO.

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