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BAREister

Where Do We Go Furom Here?

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Well....we've got CMAPS sayin' we're peakin', butt mebbe SNOT (see tonight re readjusments thereto) we've got all manner of TA indicators blown out that have been bearish FUR daze if SNOT weeks; we've got Wnydysrf apologizin' and coverin', we've got up to resistance butt not thru it, MEANINGFULLY; we've got guys like Inger foamin' at the mouth about a W bottom; we've got ASStro boyz like Arch repeatedly stopped out on the way up a la August callin FUR higher highs this week butt not yet takin a position in the major indicies on ONE hotline, anyway, describing recent pricing action as "very strange"; we got all manner of people buying all manner of garbage; we've got the NASTY risin' fASSter than the S&P led by same and the old suspect, the SOX and a general rally led by the financials and oils too, the old dawgs w their old TRIX yet again; we've got nearly every Tom, Dick and Harry w the slightest bullish susceptibility

thinking Wed and FURday are a LOCK FUR higher prices, and the cycle boyz yappin' endlessly about the 27th ass a major (Bradley?) turn date but split over whether it's a high or a low; we'vet big $ on the sidelines yet to commit even tho there's been a nominal breakout; we've got Da Boyz jammin FUR all their WORTH; we've got some like MERCI shortin', here, and udders, maybe thinkin' it's a top; we got Neely 50% short from slightly lower levels, and maybe a lot more things in addn to all these.

 

So out of this cauldron what is the most important in the witches' brew?

 

HRFF is guessin' but he thinx too many think this week is a sure-FUR bet FUR higher prices, and that is how Ms Mkt might disappoint the most.

 

Of course this could be just anUDDER bear sandbagging, a further notch or scalp to dangle from the belt, a step on the way to a Dec rally to try to defeat a down year in the S&P and DJIA fueled by unseen FURces.

 

We'll c, the mkt looks like it may pull a punch here.

 

Emphasis upon "MAY".

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Bare.... check out the bradley sidegraph. Has us going down now till 3-13- 03.Its record this past year pretty good.

http://home.san.rr.com/biotechsurfer/siderograph.gif

 

Have not posted much myself of late but always love reading your posts.

My concern about where we are going

with what the Bush people are up to probably as great as yours.

Has not been this bad since Johnson went to war in 1965. But t here is something different this time that seems even more scary.Bush is a throw back to the reactionary nationalism that got going world wide around 1880.The consequences of that had not played out till 1945.

I blame that partly on the romanticism In European thinking in the early part of the 19th century combined with the pseudo science of the late 19th wiith a little bit of Darwin thrown in. This led to racism and nationalism and this Bush would bring back with his finding a new enemy as an excuse for Pax America.

Iam a Bear partly as I see it as the only thing that can weaken the thrust the Bush people have as there is nothing like a bad economy to make their pontifications ring hollow.

Lets hope that Bradley thing is right. Myself Iam very confident that pluto next years destroys the tendency of Americans to live in a dream world and dream reality as it comes to the US mars and 90 degrees to the US Neptune.This starts in Febuary and will be a long term trend. I doubt we see the final bottom in March as some are thinking here. Once people see that the credit markets are a house of cards the consequences will play out for years.

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BARE just hopes we're not on the cusp of some new Dark Age...

 

Who, really, here WANTS this market to crash?

 

HRFF doesn't see much choice; the Fates have decreed it MUST in his humble? LMAZZOFF opinion happen and, maybe, FUR sooner, rather than later.

 

This rally may be a lASSt gASSp to FURstall the inevitable.

 

We've sown and sown and sown and sown.

 

The whirlwind will be simply STUPEFYING when it arrives is his GUESS.

 

but who knows, maybe we can all AVOID it another FIFTY years. Shove it off on the KIDS, wot?

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BARE just hopes we're not on the cusp of some new Dark Age...

 

Who, really, here WANTS this market to crash?

 

HRFF doesn't see much choice; the Fates have decreed it MUST in his humble? LMAZZOFF opinion happen and, maybe, FUR sooner, rather than later.

 

This rally may be a lASSt gASSp ? to FURstall ? the inevitable.

 

We've sown and sown and sown and sown.

 

The whirlwind will be simply STUPEFYING when it arrives is his GUESS.

 

but who knows, maybe we can all AVOID it another FIFTY years. Shove it off on the KIDS, wot?

 

ADDITIONAL: BARE noted SNOT 'long' ago, here, oh, say around 890-900'ish on the S&P that it might constitute one of THE selling opportunities of the year. If Bradley is right, then, maybe, JUST maybe, BARE will be VINDICATED by enSUEing pricing action. He said at the time that he thought the decline to come would be a slow, drawn out afFUR rather than a precipitous plunge from around these levels.

 

In ANY event, the mkt hASS succumbed, once more to HAYWIRE theory, so FUR, anyway, being turned back from a crucial level.

 

Can they punch thru tomorrow and FURday?

 

We'll find out.

 

Today's action suggests SNOT, but these folx have all manner of TRIX up their sleeves, wot?

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