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wndysrf

Year End Review

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Ya I agree END! The beast looks weak-we should see north of 900-maybe 905-15-then it's 100% short. Gold surprised a lot of people yesterday with a good pop to the upside-Gold is going significantly higher in 03 waiting for a pull back is a suckers game-stay long POG. Trade Safe!

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Every day, Doc is amazed at the amount of work Mark puts in for us, not to mention his extraordinary talent. The most amazing thing is that he does it for free. That's right, without compensation! Doc likes to send Mark a little something every few months, as his way of saying thanks, but it is a pittance relative to what Mark gives us.

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Slinger, agree with Carl 100%. Have since first week Dec. That was a MAJOR TOP. Too many (bears and bulls) are skeptical of this decline and NOT giving it the respect it DESERVES. Do not dis it just b/c its unfolding slowly or of preconceived notions that a new year rally should ensue, etc.

 

Its just not in the technical and/or sentiment cards, at least not yet.

 

The trend is your friend my friends and its deteriorating rapidly by the day, not improving.

 

CRAPPY NEW YEAR !

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GTN-the other nite you were looking for a good fund to protect your Mommas hard earned cash-here is one I put my sons in a yr or two ago-GabelliComstock Strategy Fund-it's an income fund invested primarily in debt securities-14.8% return this year-3 yr average 8.5%. Totally safe and well run. Their website is www.comstockfunds.com Good LUCK! Piles-"Crappy New Year" does have a ring to it-similar to todays Daily Reckoning comment-"Thanking all the Patsie's out there who contributed to such a profitable year" trade Safe!

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Mark,

 

I wouldn't be worried about being wrong. You have

been more right that wrong. And it's not so much a matter

of being wrong but being early. Besides that you are damm

funny. I would check in even if you became a screaming bull.

 

As for the FEED. I think it is like steriods.

 

It works great the first time. You then need more and more to get the same impact. If you cycle on and off you can stay on steriods for years. Butt it is fighting a losing battle. The body's natural testerone system becomes so confused - and

one way or another your body will need a BREAK.

 

Accompanying the inevitable BREAK is the rapid muscle deflation and the mental depression. And before you know it you are on a cocktail of other "feel good" drugs. :blink:

 

The FEED is a dangerous game - for all participants.

 

So my New Years Resolution is to become even

more risk averse. Tighten my stops. Tighter screening parameters. etc

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Piles, I agree with Carl also. But, this upcoming rally may be the last kiss of death off of the trendline in my previous post, then sayonara!

 

Here's a possible prediction that may unfold, courtesy of a professor at UCLA. Doc's cmaps and my trusty stochastic oscillator and DMI will show me the way, though.

 

20021219_Fig2_pop.gif

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One of the hero's of this festering slime of a market has been Bill Gross-the man who tells like it is - a real paragon of virtue-well maybe not-seems Bill and the Tinman Jack Welch hooked up with Dell.C and BAC a few years ago and formed something called IDEALAB-which is now dissolving into a hotly contested lawsuit with a plot line better than ENRON'S. Go to forbes.com and click on Angry Investors seek to liquidate IDEALAB. 1st day of the new year and we find another "hero" has feet of clay and the shareholders are screaming we were screwed-seems the screwed want their money back-AAAAAH! Trade Safe!

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Guest
Gold surprised a lot of people yesterday with a good pop to the upside-Gold is going significantly higher in 03 waiting for a pull back is a suckers game-stay long POG. ?Trade Safe!

Hi brian4,

 

Re: gold - sure it will go higher - after a pullback!

 

Waiting for a retest of $325-330. I'm again very

wary of a sharp correction in gold stocks. Currently

bidding 15% below market but will chase as soon

as the miners start to flex their muscles again :o

 

The late surge last Tuesday was most likely

some people buying gold as an insurance if

we would get hit by :ph34r: on New Year's Eve.

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NOT the same Bill Gross!

 

 

NOT NOT NOT!

 

Gotta be real careful about this stuff. The Bill Gross who runs Idealab is not the same Bill Gross who runs PIMCO!

 

It is THAT Jack Welch however.

 

Hey, what is this this Forbes slogan "Capitalist Tool"? Doc is gonna have to talk to them about that. :lol:

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Hay!

 

In all the holiday excrement I lost track...what became of the Venezuelan oil problema? Anybody puhleeze?

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thx for the link slinger.

 

more criminal bottom-dealing. quel surprise.

 

it's funny....all the well-deserved dot.bomb blowups and meltdowns aside, reading the names of some of idealabs' startups - eve.com, etoys, homepage.com, blastoff.com - i was having this weird sort of nostalgia for those heady days. besides being an obvious and hopeless mania, now the whole thing also seems sort of quaint. it's almost like how you'd get about an old b&w creature feature that you loved as a kid....and you watch it now and the alien monster is a guy wrapped in aluminum foil. ^_^

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