Bearman Posted December 11, 2002 Report Share Posted December 11, 2002 Observation many bears gone on Mark to Mark This Grand Daddy Bear will Fool most. Dont miss out Link to comment Share on other sites More sharing options...
Metamucil Posted December 11, 2002 Report Share Posted December 11, 2002 SPX may have a hard time getting through 910 fib resistance. NDX right up against daily fib resistance. Link to comment Share on other sites More sharing options...
Guest soup1 Posted December 11, 2002 Report Share Posted December 11, 2002 Stutz: from the magambo gurus latest: "So a bullish bet on the global economy right now is that Alan Greenspan, in tight cooperation with the other powerful central bankers around the world and planetary system, utilizing a consistent theory of monetary/banking policy, will, for the very first time in history, actually conquer the fabled "business cycle," that pesky boom-bust scenario, that has been the bane of man. " Link to comment Share on other sites More sharing options...
Guest Posted December 11, 2002 Report Share Posted December 11, 2002 Soup, something important is different this time. Never before have we had deflation while the currency was not on a gold (or bi-metallic) standard. This makes some people conclude that the governments (not just the Fed) will be able to inflate their way out - indefinitely. I personally think that they are wrong and deflation will eventually win - after all, this is the only known way to erradicate debt and the current problems are caused mainly by the mountain of debt - and creating even more debt can't be the solution for it. However, fact is that we don't really know because we've never had such a situation before. As always, time will tell. Regards, Vesselin Link to comment Share on other sites More sharing options...
PileDriver Posted December 11, 2002 Report Share Posted December 11, 2002 The mountain of debt is acting as a huge sponge to reflatuation attempts by the simpleton - Al Greenspew. Mother Nature is just looking at the Fed and shaking her head and laughing. "Silly man, you are no match for me. I am going to crush you." Link to comment Share on other sites More sharing options...
Bird D Durr Posted December 11, 2002 Report Share Posted December 11, 2002 Looks like Doc, was right again "TO A TEE".............. And to think people don't pay for this site.............C'mon............ Link to comment Share on other sites More sharing options...
torah man Posted December 11, 2002 Report Share Posted December 11, 2002 earlier in the day at low of the day for klac, i unloaded my puts for 75% profit and i am waiting to reload on them. ice storm made me pick up my kids from school early so i had to leave the computer. Link to comment Share on other sites More sharing options...
Rockhead Posted December 11, 2002 Report Share Posted December 11, 2002 You can't buy integrity, Rockhead. Hmmmm....maybe, maybe not. That is a good point and a fine upstanding example, but I would tend to disagree. I am sure your integrity could be bought for SOME price. C'mon...admit...SOME price. The question is what is "price"? In truth, my point was that everything/everybody has a price! People immediately assume we are talking strictly monetary compensation....which is what first comes to mind in most people. Remeber, "price" can and does include monetary compensation, emotion, mental, character, reputation, etc. Sorry to disagree, but everything can be bought or sold at SOME PRICE. Link to comment Share on other sites More sharing options...
sniff Posted December 11, 2002 Report Share Posted December 11, 2002 I closed all of my long posistions...... naz *appeared* to have topped out for now, and my gap calc said so. Is it the top? I really do not know. But I decided to take the cookies the first time the plate was passed....... mousey, BRCM was good for .43 I have others but they would be retro, so not postable. ok, BEARX, you can kick in now, *maybe* Link to comment Share on other sites More sharing options...
Metamucil Posted December 11, 2002 Report Share Posted December 11, 2002 Long rates resolving a bear wedge....headed down. Reflatulation,.....a simplistic view: Rate of creation would have to exceed the rate of destruction. Given the present debt/credit/derivative leverage, Al will have to construct the muthah of all printing presses. Link to comment Share on other sites More sharing options...
simple guy Posted December 11, 2002 Report Share Posted December 11, 2002 SG warns At 1050 am, and approx 1150 am... there were 2 HUGE BLOCK trades of the QQQ's.... both were near highs of the intra-days at the time too... Me thinks its going to be ugly on Thur and Friday... Im hoping market holds up into the close and I will be going short. Will update later... Link to comment Share on other sites More sharing options...
simple guy Posted December 11, 2002 Report Share Posted December 11, 2002 As I was typing, another HUGE block was traded at 25.85 apprx... wow... something is up... Link to comment Share on other sites More sharing options...
Rockhead Posted December 11, 2002 Report Share Posted December 11, 2002 Adv. vs. Decl. ISSUES. Do you guys prefer this or the TRIN/TICk charts? Curious. Link to comment Share on other sites More sharing options...
Guest soup1 Posted December 11, 2002 Report Share Posted December 11, 2002 Vessilin: Interesting, thanks. I know I must keep open the possibility that anything is possible, and that is why I have read/questioned so much about said topic. Link to comment Share on other sites More sharing options...
PDoody Posted December 11, 2002 Report Share Posted December 11, 2002 Looked up valuations on Pile's, and others' short recs this morning and was surprised to see they didn't suck that much. I used yahoo . don't know if they can be trusted or if anyone here cares about funnymentals, but these are the ones that really suck: lltc pe=46,ps=17!,qlgc pe=44,ps=9.4,qcom pe=89,ps=10 Link to comment Share on other sites More sharing options...
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