Bearman Posted October 3, 2003 Report Share Posted October 3, 2003 There is only one thing that would make me happy A Close in The RED today Link to comment Share on other sites More sharing options...
DrStool Posted October 3, 2003 Report Share Posted October 3, 2003 Your Anals Opening Intraday is up and ready for download. Take a subscribatory, open it and download it RIGHT NOW, along with everything else in your Anals!? Fine tune your timing! Stooltrading is the place! Join your fellow stoolies sharing charts, trading signals and ideas! Each has a different style, and one may be just right for you. Doc gives his commentary, illustratiing intraday cycles throughout the day with projections for highs, lows, and cycle time turns for the SPX and QQQ. He also gives cmap targets for individual stocks by request. There are no superstars in Stooltrading, just Doc and a group of hard working Stoolies, honestly trying to help each other and themselves, constantly checking and balancing one another's views. Our Founding Fathers knew it's good to have checks and balances. The more checks the more the balances. So take a subscribatory to Stooltrading RIGHT NOW, and increase your checks and balances! Become a Stooltrader and join the fun!? Link to comment Share on other sites More sharing options...
Bearman Posted October 3, 2003 Report Share Posted October 3, 2003 One more thing. It now seems pointless to ever short. Look how well the market has done with BAD payroll news. Now we get "good" payroll news, so the market will never stop going up. We know that isn't true, but the point is that the market finally has some good news, and everybody that isn't in will be getting in over the next 3-4 days. A top can't be made without the public buying stocks. The insiders need a bid below the market besides the shorts. Now they have the bid. It is time for a top. Tanks for your thoughts Link to comment Share on other sites More sharing options...
machinehead Posted October 3, 2003 Report Share Posted October 3, 2003 You could actually hear Kudlow cheering in the background, as the reporter read the figures in front of the Labor Dept. OK, so we gap up at the open. Three possibilities for the day: 1. Gap up and runaway to S&P 1040. 2. Gap up and flatline all day. 3. Gap up and then steadily erode and close the gap. No. 3 would be a shocker at this point. Only if they don't believe the numbers. Nah. #3 is not an option. Too many people want to believe. Such is the way of the masses. Unlikely, for sure. (Maybe a 10% chance today.) But not impossible. I remember some days in the Nineties when the spoos opened with a 21-point gap on good news, hit their high at 9:45 a.m., and then proceeded to close the gap and turn negative by the close. The more likely outcome is that today is a big up day (doh). But the overreaction gets reinterpreted during next week. Watch how today's highs relate to mid-September highs. If the market runs out of gas without making any new highs, then it's a shorting opportunity. Link to comment Share on other sites More sharing options...
soup Posted October 3, 2003 Report Share Posted October 3, 2003 machine: This is a post on another board from a guy who I think is pretty sharp, curious as to your comments? "Gorg...m3 is under it's 4 week ma, the 4 week ma has rolled over, declining now for 4 straight weeks, the 4 week ma is under the 13 week ma (crossed this past week), as is m3......debt levels are so high (compared to all previous time periods) that any continuation of this trend will have important and rapid implications " Link to comment Share on other sites More sharing options...
BartTheBear Posted October 3, 2003 Report Share Posted October 3, 2003 Fake numbers or not, more technical levels will fall today. Link to comment Share on other sites More sharing options...
fxfox Posted October 3, 2003 Report Share Posted October 3, 2003 my oh my, there is no need for brown pants now, just turn off that idiotic Crapvisioneeee propaganda crap, presented you by Gauleiter Kudlow and his Obersturmbandf?hrer Cramer, with support by Jungm?del Maria. Link to comment Share on other sites More sharing options...
longOnUranus Posted October 3, 2003 Report Share Posted October 3, 2003 Out when 1041 or retrace to 1024 after open. 4 figures down on the week. could've been worse, could've been a lot better. Sold my call position too early. back in 1070 per cardiff. golf t'day. Link to comment Share on other sites More sharing options...
soup Posted October 3, 2003 Report Share Posted October 3, 2003 machine: How about all the times during bubble1 that we gapped down hard only to reverse? Link to comment Share on other sites More sharing options...
dozer Posted October 3, 2003 Report Share Posted October 3, 2003 Am I crazy for buying gold futures here? dude, I don't think so. But if I were you, I'd be putting a chunk of it into physical....in your own posession.... I can't remember the last time I saw such a big gap up on the open ! keeerazzyy.... :grin: A gap -will- be filled...isn't that what the TA masters say? hmmm.... Link to comment Share on other sites More sharing options...
Jimi Posted October 3, 2003 Report Share Posted October 3, 2003 "Dow up 121 points in only the first five minutes, Mark! Back to you." --Maria Barf-aroma, about 30 seconds ago. Tramp. Link to comment Share on other sites More sharing options...
soup Posted October 3, 2003 Report Share Posted October 3, 2003 ism @10? Link to comment Share on other sites More sharing options...
wndysrf Posted October 3, 2003 Report Share Posted October 3, 2003 Madame Secretary Elaine looks much better this morning. Looks like someone chained her to a treadmill. Seems to have lost some weight. Now if we could only bolt Maria's boobs on her, and then we'll have some Asian Exotica. Mutual fund cash reserves must be down to .0002% after the big buy on the open. Link to comment Share on other sites More sharing options...
machinehead Posted October 3, 2003 Report Share Posted October 3, 2003 machine: How about all the times during bubble1 that we gapped down hard only to reverse? I remember those days too, soup. More evidence that dramatic reversals, though rare, do happen. Elaine Chao is on CBNC, playing it totally deadpan and professional. If she were an animal like Kudlow, she'd be pumping her fist in the air, hanging from the basket, slamming the football down in the end zone. But that's why Kudlow isn't Labor Secretary, I guess. Link to comment Share on other sites More sharing options...
Tonto Posted October 3, 2003 Report Share Posted October 3, 2003 RHAT...windows killer, takes midnight subway train....calling all the shots to new highs Link to comment Share on other sites More sharing options...
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