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Forecast 2004


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I just got an email from a guy who said to sell from 1000, 1030 1050 etc etc. Now he sez 1150 likely. Now, from a contrarian point of view you would fade the last call, but not in greenspews magic kingdom ride.

soup, no offense, but i might have sent you those...

 

cept the last one.

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broken... with gusto

FAKEOUT! The only way they get this pig over 10600 is by rolling out Osama from the freezer or another hole in the ground somewhere.

 

Given the precarious technical spot the Dow has put itself in, and only a few moment to today's close, the Matrix better have something incredibly good to jump the fence. Employment # won't do it. They need a carcass, or every tin-pot dictator to cave in and capitulate.

 

Needless to say, I'm on the lookout here and now for a news event, positive or negative, but it must be of an extreme nature.

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JR:  You know I agree,  it is just the timing where I am clueless.

crap happens soup... let it go.

 

i was up 58.4% last two quartes on funds under management, new funds.

 

was a good year.

 

had i not shorted this market, it would have been doubled that.

 

fortunately the guys i manage dough for didn't really say much but, "those

shorts ate yer ass up".

 

it's my turn.

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The dollar index is just a fraction away from another low ... while crude oil is poised just below a breakout.

 

All it takes is one Matrix glitch -- weakness in the unemployment report, an 'event', a butterfly flapping its wings in Brazil -- and all hell breaks loose.

When did the butterfly move to brazil, in the 80s it was in China?

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NYMEX raises electricity, silver, copper margins

 

NEW YORK, Jan 8 (Reuters) - The New York Mercantile

Exchange said Thursday that it will increase the margins on its

PJM monthly electricity futures contract and its COMEX Division

silver and copper futures effective at Friday's close.

Margins on the first through third months of the PJM

monthly electricity futures contract will increase to $5,000

from $2,000 for clearing members, to $5,500 from $2,200 for

members, and to $6,750 from $2,700 for customers.

Margins on the fourth month will increase to $3,000 from

$2,000 for clearing members, to $3,300 from $2,200 for members,

and to $4,050 from $2,700 for customers.

Margins on the fifth through seventh months will increase

to $2,500 from $2,000 for clearing members, to $2,750 from

$2,200 for members, and to $3,375 from $2,700 for customers.

Margins on the eighth through 13th months are unchanged at

$2,000 for clearing members, $2,200 for members, and $2,700 for

customers.

Margins all other months will decrease to $1,500 from

$2,000 for clearing members, to $1,650 from $2,200 for members,

and to $2,025 from $2,700 for customers.

Margins on the silver futures contract will increase to

$1,500 from $1,000 for clearing members, to $1,650 from $1,100

for members, and to $2,025 from $1,350 for customers.

Margins on the copper futures contract will increase to

$1,500 from $1,000 for clearing members and members, and to

$2,025 from $1,350 for customers.

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NYMEX raises electricity, silver, copper margins

 

NEW YORK, Jan 8 (Reuters) - The New York Mercantile

Exchange said Thursday that it will increase the margins on its

PJM monthly electricity futures contract and its COMEX Division

silver and copper futures effective at Friday's close.

Margins on the first through third months of the PJM

monthly electricity futures contract will increase to $5,000

from $2,000 for clearing members, to $5,500 from $2,200 for

members, and to $6,750 from $2,700 for customers.

Margins on the fourth month will increase to $3,000 from

$2,000 for clearing members, to $3,300 from $2,200 for members,

and to $4,050 from $2,700 for customers.

Margins on the fifth through seventh months will increase

to $2,500 from $2,000 for clearing members, to $2,750 from

$2,200 for members, and to $3,375 from $2,700 for customers.

Margins on the eighth through 13th months are unchanged at

$2,000 for clearing members, $2,200 for members, and $2,700 for

customers.

Margins all other months will decrease to $1,500 from

$2,000 for clearing members, to $1,650 from $2,200 for members,

and to $2,025 from $2,700 for customers.

Margins on the silver futures contract will increase to

$1,500 from $1,000 for clearing members, to $1,650 from $1,100

for members, and to $2,025 from $1,350 for customers.

Margins on the copper futures contract will increase to

$1,500 from $1,000 for clearing members and members, and to

$2,025 from $1,350 for customers.

doubt buffett's gonna have a problem with those...

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