dumpabuck Posted March 13, 2003 Report Share Posted March 13, 2003 Buddha- Didn't get a reaction from you on the idea of a Richard Ney Memorial Stool Forensics Forum, hosted by Buddhadropping. :wink2: Second that! Forensics Analysis (FA) is a must for the toolkit. BD & Wndy oughta co-author a book on the subject - make some 'real' money :wink2: And because they are imaginative writers. BTW, I covered all on their intuitions. Looking for spx 860 or thereabouts to reenter, but the tape will tell. Link to comment Share on other sites More sharing options...
FeedFool Posted March 13, 2003 Report Share Posted March 13, 2003 I will let u decide which way it will go. Scam week is always painful for the bears, if one has not learned that then what can I say. Link to comment Share on other sites More sharing options...
Rubadub Posted March 13, 2003 Report Share Posted March 13, 2003 It's not a political rant at all. I have the opposite argument with one of my brokers who thinks anyone who's not bullish at this time is stupid, insane, a coward and doesn't get the "big picture" that the bear is dead and the new bull has begun. He's on my ass because I'm an "intellectual pessmimist" who just doesn't understand how the "real money" in this game works and the people getting out now have sold the bottom like they always do and are going to be left in the dust! I've been trading for about 16 yrs, make my living doing it now and am telling you from the hard school of knocks that having ANY ideology or opinion that gets in the way of just seeing WHAT IS is going to lead you to financial disaster, be that ideology Republican, Liberal, Intellectual or Bonehead. Most people here seem to be Liberal intellectuals who think they're right.... that's fine... I don't care... but if you try to impose that on the mkts you're going to get killed. I read a lot of posts that constantly underestimate the mkts ability to do harm. Underestimating the mkts ability to do harm is very dangerous. That's a trading discussion pure and simple. BTW, if you find my particular style "abrasive" then don't read my posts. Can't believe the sensitivity here.... you guys find ME abrasive and really trade these mkts? That's a good one! Link to comment Share on other sites More sharing options...
huey9 Posted March 13, 2003 Report Share Posted March 13, 2003 I am fairly new to this site,the best damn site around, and to the trading game. But in the last two months, before today, dji is down 1300, naz is down 170 and spx is down 130. seems to me if we don't let the bulls win once in a while, they will pick up their marbles and go home. What fun would that be ? Link to comment Share on other sites More sharing options...
Oilman Posted March 13, 2003 Report Share Posted March 13, 2003 Oh well, I got stopped out today as with the rest of the bears. It is time to take a break and lick my wounds. A rest will make everything better. I will be taking a break and wait for better opportunities. Good luck to everyone else still in the market. Oilman Link to comment Share on other sites More sharing options...
Ned38 Posted March 13, 2003 Report Share Posted March 13, 2003 W.D. Gann said there are times when a man can make money and there are times when he can't no matter what.. One should wait for his time to come.. It's so true for me.. ? The following is so scary, take it FWIW.. Don't shoot the messenger.. "Earlier, we posted a chart of a LOW ADX which highlighted a long sideways line. ?Point and Figure is a superior methodology to get a "count" giving a price objective for a move in the event of ?a legitimate BREAKOUT. ?You can see that the market has not truly broken out yet, but when it does, the count projects a move to 1435. OK I am not a point and figure kinda guy but................ We all know that bear market rallies can be more than 20%+ pops. So what else is new. What she is talking about is a bear market rally of the magnitude of the ramp out of the October lows. Is it possible? Of course---it already happened in Oct Well this last down has been discussed as a possible B wave with a C to come by a few stoolies here as a sorta Nightmare on Short Street scenario.And there are other reasons to respect this move----Bradley model---seasonality---oex racketeering---govt racketeering---war rally----bear market 30 some odd months old, and a few other charts showing Dow trendlines we know "they" will defend at all cost. Me no likey but I would respect the possibility Link to comment Share on other sites More sharing options...
phatbubble Posted March 13, 2003 Report Share Posted March 13, 2003 i'm in cash too. had a feeling i should hedge overnight last night but couldn't get the fill i wanted, so didn't. closed puts first thing today. good callscalping this afternoon, could've been better but i got bluescreened and had to 'check disk consistency' and all that, couldn't move my sell order and when i got back it'd been hit. one thing that was a little cockeyed today was the lack of crapvision enthusiasm for the rally....lots of speculation about one-day wonders and dead cats bouncing. not sure about that. scam week....mmmph....if up tomorrow, then maybe up into monday, with the scam week reversal down coming early - like tuesday, or even monday p.m., instead of wednesdayish. i've never once felt like the stool was an elitist joint. i'm continually inspired by the warmth and genuine interest in helping others. you couldn't duplicate this place under any laboratory conditions. we all get frustrated and flex our egos now and then, life goes on. Link to comment Share on other sites More sharing options...
phatbubble Posted March 14, 2003 Report Share Posted March 14, 2003 ok, i'm finally gonna ask: what's with all the duplicate avatars? there are at least 7 or 8 pairs around.... Link to comment Share on other sites More sharing options...
PileDriver Posted March 14, 2003 Report Share Posted March 14, 2003 Huge move today in the price of 100's but it didn't really help the broad market as the bullish pcts actually dropped http://stockcharts.com/gallery?$BPNYA hmmmm Link to comment Share on other sites More sharing options...
Hiding Bear Posted March 14, 2003 Report Share Posted March 14, 2003 Huge Forensic OE Blast this month. Huge. March Madness. Outside of 2 forensic events a month I will more or less avoid trading since I find so much TA to be hazardous to one's health. I find that certain corrupt monthly trends in the market show much higher probability for quick gain and for protection of capital than any amount of Ewaving. I do not put down those who are able to use the waves, I just do not find it as playable. Far and away its best to buy Dover Sole levels in this thing since you are trading with your own government, with the media and with the Mongolian Mutual Hordes. War rally is underway in earnest. Someone has leaked the go date and the PigMen are now trying to frontrun it. Its set in stone and nothing gonna move it now. best to all, I love you guys but I ain't going to lean technical with this stuff much anymore, too much time spent for too little reward imo but then What do I know? I'm just a meditator with a sick intuition, an imp of fate, a pretender to the throne, best to all, buddha You the man. Plunger has the politics figured out, and I'm wondering if the those buying on the war news can't see the forest for the trees. It's going to be hotter than Hades by the time the troops walk into Iraq. Is that good news? Rubadub - I must be one of the stupid ones "I have the opposite argument with one of my brokers who thinks anyone who's not bullish at this time is stupid, insane, a coward and doesn't get the "big picture" that the bear is dead and the new bull has begun." So how high is up here? Link to comment Share on other sites More sharing options...
MyGoldenStool Posted March 14, 2003 Report Share Posted March 14, 2003 un-friggin'-believable action.....MXIM was a joke today...up nearly 11%....heat-mappers piling over the ASK all day long......lmao....now, how long will this orgy last? How about CMVT? Especially this statement: "predicted 2003 would be profitable if it can capitalize on new business opportunities." Lots of upgrades on this statement. Is this REALLY that bullish? "The latest period included about $18 million of charges for job cuts and writedowns; excluding those, the loss was 8 cents a share. The company told shareholders on a conference call that it would lose a similar amount before charges in the first quarter, but predicted 2003 would be profitable if it can capitalize on new business opportunities. The company also said its president, Itsik Danziger, will resign from that post and reduce his duties at the company in order to do volunteer work. He'll remain on the board." Link to comment Share on other sites More sharing options...
SkiddMarket Posted March 14, 2003 Report Share Posted March 14, 2003 How embarrassing-- it seems that the SPX goes up 30 points, gold drops 10 bucks, and I'm the only one here who lost money. Strong advance on good volume- I find this worrisome even for Scam week. Link to comment Share on other sites More sharing options...
TheDeepBlueSea Posted March 14, 2003 Report Share Posted March 14, 2003 un-friggin'-believable action.....MXIM was a joke today...up nearly 11%....heat-mappers piling over the ASK all day long......lmao....now, how long will this orgy last? How about CMVT? Especially this statement: "predicted 2003 would be profitable if it can capitalize on new business opportunities." Lots of upgrades on this statement. Is this REALLY that bullish? "The latest period included about $18 million of charges for job cuts and writedowns; excluding those, the loss was 8 cents a share. The company told shareholders on a conference call that it would lose a similar amount before charges in the first quarter, but predicted 2003 would be profitable if it can capitalize on new business opportunities. The company also said its president, Itsik Danziger, will resign from that post and reduce his duties at the company in order to do volunteer work. He'll remain on the board." CMVT lost money last quarter, but they got upgraded by JP Moorgan, S&P Equity, Wedbush Moorgan, and the little lady who lives down the lane. And the latter part seems to be the part that matters to the sheeple. Link to comment Share on other sites More sharing options...
DrStool Posted March 14, 2003 Author Report Share Posted March 14, 2003 The Stool was down for several hours as a result of DNS problems at our host NTT Verio. Doc also suffered an electrial outage for over an hour. Seems FPL can't handle a little rain. Posting of tonight's Anals will be delayed as a result of the problems. Hoping to have it up by 11:00 NY time. Let's see, what else can go wrong? Link to comment Share on other sites More sharing options...
The End Posted March 14, 2003 Report Share Posted March 14, 2003 Sorry to bother my fellow stoolies with every computer problem but, Outlook express, on my new system, is preventing me from retreiving my pdf emails. (curry) Any way to get around this firewall? Link to comment Share on other sites More sharing options...
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