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wndysrf

Glossary Part 2

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Interesting, Semis and software went in opposite directions today. Semis are just being used as poker chips, so to speak. Tulip bulbs even. Very fishy. Fish and chips.

 

SMH +1.12%

SWH -1.29%

 

aboutbob

 

:P

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Guess they should have given the investment banking business to Davenport, huh?

 

=============================

Investors were unrelenting to CarMax (KMX: news, chart, profile), taking shares down by more than 6 percent after the auto-retailing company raised its outlook for second-quarter earnings to 36 cents a share, up from a previous projected range of 33 cents to 35 cents.

 

Before the bell, CarMax said sales surged 14 percent rise in the second quarter ended Aug. 31, reaching $1.24 billion. Same-store sales rose 6 percent for the quarter.

 

But, the company admitted that new store openings cut into sales at existing stores. A Davenport anal cyst downgraded the stock to "neutral" from "buy," citing valuation issues. The stock is reaching the high end of Davenport's $32-$38 target range. The firm noted that the estimate is CarMax's highest forward valuation since it became profitable in the 2001.

 

CarMax's shares lost $2.29 to rest at $35.45.

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Doc Hits The Road

 

Says Happy Acres, Here I Come

 

Releases Anals, Last Until Thursday

 

Your Anals Fishmarket Wrap is loaded. Take a subscribatory and download RIGHT NOW!

 

Carry on stoolies! I will check in from the road, when possible. See you in the Big Road Apple on Monday!

 

go.jpg

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Vesselin should be back from vacation?!

 

Would be interested to get his take.

 

I think I heard yesterday - that now we have broken out of the trading range - Desmond sees more upside.

 

But then again in a Tom Calandra article dated July 2002

Desmond was saying the absence of 90-90 down days meant a "wash out" hadn't occured - and thus no BOTTOM.

 

I don't know if he eventually nailed the October bottom - but I doubt it.

 

Maybe Desmond is waiting for 90-90 up days to mark the top?

 

So many pundits so many wrong calls.

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Interesting, Semis and software went in opposite directions today. Semis are just being used as poker chips, so to speak. Tulip bulbs even. Very fishy. Fish and chips.

 

SMH +1.12%

SWH -1.29%

 

aboutbob

 

:P

Anyone have any opinions on Miner's book?

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"Today was one small step for bear. Will Monday be one giant leap for bear kind?"

 

 

Actually Neil Armstrong blew that line.

 

Man and mankind (or Bear and Bearkind) are the same.

 

He should have said: one small step for a man.

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Yeah. I heard him. I thought. What the hell is he talking about. :lol:

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Desmond, Schaeffer, Bullinger, and all the rest are simply Hapless Forecasters.

 

Nobody has any idea where the market is going.

 

Best strategy is to simply follow AMAT, a Simpleton approach.

 

Dryhump the market if AMAT goes up.

 

Pull out and close the zipper if AMAT goes down.

 

Or follow Pile's strategy and dong the SectorCrest Screamers, just make sure to jump off before they turn.

 

Crooks and theives everywhere.

 

T/A is for entertainment purposes only. No different than listening to the shills on ESPN with their football predictions. Nobody knows who the winners are.

 

Fun to offer predictions and try to game the turns, but its mainly for the intellectual rush. Wouldn't trade based on it.

 

ESPN bookmaking is pure gambling.

 

At least in Stock Riverboating, you can follow the Wildebeast herd for some scalps here and there, and ignore all the pundits, psychics, and soothsayers.

 

That's why we are here.

 

At least we have a chance of making some coin by simple herd chasing.

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"Today was one small step for bear. Will Monday be one giant leap for bear kind?"

 

 

Actually Neil Armstrong blew that line.

 

Man and mankind (or Bear and Bearkind) are the same.

 

He should have said: one small step for a man.

Considering his location and situation at the time he uttered that line

most of humanity was/is willing to cut Armstrong some slack regarding his grammatical faux pas.

 

armstrongtv.jpg

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Another good week...pm's smoking, CIT about to happen, and only shorts AMZN and KLAC looking good here...Look for the monday jam after shrub talks...although his prior speeches havnt been able to ignite the markets ...The PM's are telling it all...the trap door is slowly opening...TRADE SAFE...wouldnt want to be long this weekend

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Subtitle on Puplava's Financial Sense interview this weekend:

 

"WHY I'M BULLISH"

 

.....................................

 

Uh, Oh, another bear caves in.......

 

Noland caved last weekend.

 

Fleck is the last man standing.

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Quote of the day from: James J. Cramer

 

Stay Put Through This 'We're Due' Decline

 

"You can't afford to leave for this brief market pause; you won't be able to get back in fast enough."

 

He must be talking about gold stocks.

 

:lol: :lol: :lol:

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We're still in the trading range, HRFF will wager, gentlemen.

 

This week was a FALSE alarm. It came up to the REAL resistance, then RETREATED.

 

Betcha 1000 acts like a magnet in BOTH directions sans dramatic news one way or da UDDER. And the likelihood of dramatic news/surprises to the UPside diminishes with each pASS(_)_)ing day.

 

anyone else around here thinking a steep plunge at any time in the near future a diSTINKed possibility?

 

hmmmmMMMMM?

 

sure doesn't seem like, with one or two exceptions, perhaps.

 

Schaefer? HRFF followed him FUR a while and decided he was all over the map. Last time he read anything by Bernie it wuz a month or two ago and he was, at that point, if HRFF recalls correctly, warning a breakout could be 'false'.

 

It must be a burden to be a public figure on Wall St. Seems NONE of 'em dare get TOO bearish, save Richard Russell who says what he thinks all the time. Most all the others, including a well known Seattle bear, seem to periodically to go out of the way to curry favor w the buy side.

 

Wall St IS, after all, about raising capital, ain't it?

 

Well?

 

Ain't it? :o :D :lol:

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