Uncle Fed cuts Interest rate

what's uncle fed doing here ? Is he the market catalyst or he's making the markets squeeze ? anyway markets in the past rebounded at this oversold level. Are we looking at short squeeze bull run ?? look the picture below :)

Are Markets Bottomed ?

SP 500 Above 50 DMA



NYSE Summation Index



Nasdaq Summation index



Nasdaq Above 50 DMA



Nasdaq Composite Bullish % Index



SP 500 Composite Bullish % Index

35%-20% Blow Previous Day and Up The Next Day

Just determining what will make these stock so crazy, Moves down the previous day and up the next day.Is this a temp play by the market movers? Are these plays more of manipulations on the stock value and put them where there are before sub-prime play?

Okay lets see some of the similarities with up stocks and previous day with big blow and making them soft land at 100DMA/200DMA

Up Stocks:

BKI (Google Yahoo Earnings Chart)
TVL (Google Yahoo Earnings Chart)
TRCR(Google Yahoo Earnings Chart)
HSR (Google Yahoo Earnings Chart)
ASIA (Google Yahoo Earnings Chart)
CAE (Google Yahoo Earnings Chart)
DLX (Google Yahoo Earnings Chart)
METH (Google Yahoo Earnings Chart)
MLI (Google Yahoo Earnings Chart)

Down Stocks
Wow look at them they are out of the fundamental. Are they going to bounce back the next day? We need to wait and see.

LEND (Google Yahoo Earnings Chart)
ELON (Google Yahoo Earnings Chart)
MXWL(Google Yahoo Earnings Chart)
RAK (Google Yahoo Earnings Chart)
AMSC (Google Yahoo Earnings Chart)
AMIE (Google Yahoo Earnings Chart)
ESE (Google Yahoo Earnings Chart)

CRNT

Ceragon Networks Ltd.

Technicials show this stock is forming bullish pattern for short term target of $20, but any pull back is strong buy on this position as its in oversold condition, Wait for short term reversal to load this position.Recent +ve earnings and raised the guidance FOY 07-08 will make this stock for medium to long term BUY.

Cramer Gone Mad On Uncle Fed

Housing Before and After

Is housing bubble going to burst in near future? And at what rate we would see that decline? One analyst say that housing could drop till 2009 and then you see it recovering in 2010.How about mortgage Companies doing with recent sub prime? AHM got crashed recently and shut down thier operations.Are mortgage co lining up to shut down thier business? Wishing not and willing to hear a +ve news from Uncle Ben this tuesday for any reversal in markets if he has any proposal of cutting interest rates in near future term.

Back in 2006, “I’m projecting the first [nationwide] price drop since the Great Depression,” David Lereah( chief economist for the National Association of Realtors.) said. “We’re going to have negative home prices in 2007.”

Is this true? Now lets take a look at the charts for analysis.

May-Housing Index



July-Housing Index