Guest libertas Posted February 12, 2004 Report Share Posted February 12, 2004 1. E has to accelerate at 4 times the speed of P OR2. P has to contract OR 3. a combination of both Well my P accelerates at 1xG (until it hits the water, of course) Hope that helps. Link to comment Share on other sites More sharing options...
Pee Brain Posted February 12, 2004 Report Share Posted February 12, 2004 mark, each time i leave the barn i get another shock. inglewood and no. hollywood slated for tomotrrow... im busy again, but my phons is not ringing like before. clients are slowing down - your bank may be hopping, but it feels to me like we are slowingggggg down. need 1 more refi blast. interestingly, many folks i run into feel the economy is turing up. Link to comment Share on other sites More sharing options...
wndysrf Posted February 12, 2004 Report Share Posted February 12, 2004 CPI is not going to stay at 2.5% indefinitely. In fact, it can reasonably argued that the numbers are fudged and that prices are actually rising faster. Doc: I found the chart of the CPI, adjusted to INCLUDE the cost of medical insurance, workers comp, food, housing, energy, copper, platinum, lumber, gold, and silver. Looks a little different than the one published by The Matrix Ministers of Propoganda. Link to comment Share on other sites More sharing options...
MrHanky Posted February 12, 2004 Report Share Posted February 12, 2004 lucky me...just found out i had 100 shares of the cgtk ipo.my broker put them in my account and it was up over 5 points today. anything helps while collecting unemployment! Link to comment Share on other sites More sharing options...
Ned38 Posted February 12, 2004 Report Share Posted February 12, 2004 Doc--------yep Link to comment Share on other sites More sharing options...
NewStudent Posted February 12, 2004 Report Share Posted February 12, 2004 Nasdaq stocks don't have Specialists. All the major houses are market makers in all the big Nasties. Any one of them is big enough to have pulled this scam. I stand corrected, I assumed the term market maker and specialist both meant "self-dealing crook." Market makers working on the Nasdaq exchange are actually not at the exchange. Rather, they are large investment companies that participate in the purchase and sale of actual securities. These market makers maintain inventories and buy and sell stocks from their personal inventories to individual customers and other dealers. As each security on the Nasdaq market generally has more than one market maker, open displays of competition amongst them facilitates competitive prices and as such individual investors generally will get the best price. As this competition is evident in the limited spreads between posted bids and asks, the market makers on the Nasdaq will in some instances act very similar to the specialists on the NYSE. So, what's the main difference between a specialist and a market maker? Not much anymore. http://www.investopedia.com/ask/answers/128.asp Mark, dell has been roundtriped as you say in after hours guess i will be covering well maybe.. Link to comment Share on other sites More sharing options...
Soros Posted February 12, 2004 Report Share Posted February 12, 2004 How the government manufactures low inflation http://moneycentral.msn.com/content/P72746.asp Jim Grant broke the story that "the Bureau of Economic Analysis is weighing a study to explore the merits of adjusting the prices of medical services for quality changes." The government recognizes it has a problem with exploding health costs and is studying the use of that same quick fix which has "worked" when unwelcome rising prices have been an issue in other areas Link to comment Share on other sites More sharing options...
DrStool Posted February 12, 2004 Report Share Posted February 12, 2004 It's still astounding that the housing component of CPI bears no relationship to actual housing inflation. CPI is a joke. If I had to guess, it feels close to 6% than 2.5%. With PE ratios of 22, investors are assuming that CPI and bond yields will stay at thse levels indefintely. Historically, they are always fighting the last war, basing theri investment decisons on what happened over the last five years, not what's likely to happen over the next five. Link to comment Share on other sites More sharing options...
K Wave Rider Posted February 12, 2004 Report Share Posted February 12, 2004 It doesn't look like we'll have wait much longer Doc. The TYX is wound up about as tight as it has been in the last 15 years. The last two time ADX touched the 10 line were followed by some pretty major moves. Link to comment Share on other sites More sharing options...
Guest libertas Posted February 12, 2004 Report Share Posted February 12, 2004 It's still astounding that the housing component of CPI bears no relationship to actual housing inflation. CPI is a joke. If I had to guess, it feels close to 6% than 2.5%. With PE ratios of 22, investors are assuming that CPI and bond yields will stay at thse levels indefintely. Historically, they are always fighting the last war, basing theri investment decisons on what happened over the last five years, not what's likely to happen over the next five. The housing component of CPI is based on the actual cost of being housed - the rental market. There are lots of folks using freshly printed money to speculate in real estate. Different subject. You don't have to own a house to be housed. Link to comment Share on other sites More sharing options...
Jimi Posted February 12, 2004 Report Share Posted February 12, 2004 The problem is that bond yields will not stay this low indefinitely. Nor will short term interest rates stay effectively at zero. Investors will begin to demand a real return, sooner or later. Something will break. Most likely a dollar collapse. Not just the slow motion collapse we've seen so far, but a real crash. Phreaking 'word.'" I know fxfox is all certain that the ECB "must" intervene at 1.30, but that same insistent logic applied to U.S. need to adjust its obscene profligacy about 3 years ago: we sure the *&^% didn't due what we "had" to do. Political financial criminial forensics suggests that the last things "Old Europe" wants is 4 more years of Bush. If the ECB intervenes to support the dollar, they will end up recycling those dollars into treasuries & agencies like Asia, propping up our bond market, inviting another refi-cycle, and advancing Bush's reelection effort. Schroeder won reelection on that back of an anti-US/anti-Bush campaign: you think he wants to see the phreaking Frankfurt-based Euro/Bundesbank to bail Bush out politically with a weakened currency? I think the Franco-German axis within Europe would accomodate an 18 month recession established on the back of a strong fiat Euro currency if that promised them the likely early-exit of Bush. So they pay ocassional lip-service to the pain that a strong Euro is having at home: for god's sakes, it's just domestic political ass covering. The only purpose of a common currency embedded within the greater European Project is to establish a balance, and offer an alternative to US/Dollar hegemony! They are within spitting distance of breaking half of that hegemonic equation: but we're supposed to believe that they'll seize defeat from the jaws of victory by hacking their own currency off at the knees? A currency itself which represented the Europeanization of the strong Deutschemark? By virtue of the dollar's current status as the primary international reserve and transaction currency, the U.S. has been able to use such power to consume far, far, far in excess of what we can produce and earn. de Gaulle railed incessantly against Dollar-Privilage shortly before converting France's dollar reserves to gold. Today, you hear rumbling about repricing oil in Euros, especially in Russia. I am supposed to believe that the damned Europeans have struggled mightily and heroically out of the friggin' ashes of WWII, from Schumann-Monet, the effing Treaty of Rome, and the Coal and Steel Community through the Delors' 1992 Plan up to Maastricht only to punt in 4-down territory?!?! Uh-uh. Dollar crash, baby. No phreaking Europeans are going to step in and defend the damned dollar from the idiots in Washington... especially the current Band of Idiots. I think the Japanese have been playing this game under the assumption that if they intervened long enough, they'd eventually force the Europeans into helping them to support the weak dollar, since Europe has thus far had to bear the effects of the dollar's decline. Think about it: forcing European cooperation to support the dollar would help make some limited sense of the insanity of recent Japanese monetary policy, which we all know is NOT sustainable. For No-Limit poker afficienados, the recent Japanese public commitment to spend something like $500 billion worth of yen to support the dollar in the coming year--thereby financing our federal deficit!!--is an "all-in" bluff of global proportions, designed to bait the Europeans into the mix. European officials are talking--yap,yap,yap,yap,yap. But when we hit 1.30, and they don't do diddley-squat, you'll be able to hear the audible gasp from Fukui-san on this side of the Pacific. And with a clear understanding that the Europeans are not playing ball, Fukui-san will fold his cards, cut his losses, terminate intervention, let the dollar collapse, and throw it on the Americans to take care of their own damned currency. Because we all know that the Japanese simply cannot do it alone. The dollar crashes, interest rates soar, equities crash, real estate crashes. Debt deflation gets underway and Hip-Cat is vindicated. It's all only hours away. Or not. Link to comment Share on other sites More sharing options...
BigWave Posted February 12, 2004 Report Share Posted February 12, 2004 Word Jimi..I'd watch my back, the matrix might pay you a visit.. Link to comment Share on other sites More sharing options...
K Wave Rider Posted February 12, 2004 Report Share Posted February 12, 2004 NYSE and NAZ McClellan summations both turned back down today after weak upturns..if the markets don't rally hard tomorrow, the momo will swing back to the down side. It's crunch time. Link to comment Share on other sites More sharing options...
DrStool Posted February 12, 2004 Report Share Posted February 12, 2004 People have joked about my boolishness. That's ok. I hate projecting higher prices, but there is no advantage, none zip zilch nada, to be early at the top when this is finished. If I'm a day late, or a week late at the turn, I don't care. It's better than getting wiped out trying to short this. When it finally does top out, it's going to fall a long way. The only way to "trade safe" in this atmosphere is to sit there with your thumb in your mouth and just watch. Daytrading is fine, but not if you hold anything overnight. And if you are trading individual stocks, you'd better be diversified enough so that one disaster doesn't wipe you out. As I will point out in tonight's Anals for the umpteenth time in the last few days, the 13 week cycle has barely bottomed yet. That's a possible recipe for an explosive blastoff over the next six weeks. It's ugly. I hope I'm wrong. And if I am I hope I'm flexible enough to recognize the fact in a timely fashion. I report, your decide. -Stool O'Reilly Link to comment Share on other sites More sharing options...
wndysrf Posted February 12, 2004 Report Share Posted February 12, 2004 People have joked about my boolishness. That's ok. I hate projecting higher prices, but there is no advantage, none zip zilch nada, to be early at the top when this is finished. If I'm a day late, or a week late at the turn, I don't care. It's better than getting wiped out trying to short this. When it finally does top out, it's going to fall a long way. The only way to "trade safe" in this atmosphere is to sit there with your thumb in your mouth and just watch. Daytrading is fine, but not if you hold anything overnight. And if you are trading individual stocks, you'd better be diversified enough so that one disaster doesn't wipe you out. As I will point out in tonight's Anals for the umpteenth time in the last few days, the 13 week cycle has barely bottomed yet. That's a possible recipe for an explosive blastoff over the next six weeks. It's ugly. I hope I'm wrong. And if I am I hope I'm flexible enough to recognize the fact in a timely fashion. I report, your decide. -Stool O'Reilly I agree, Doc. Way too many bullish chart setups everywhere. I just got this feeling that too many stocks are setting up to explode higher. Sure, we get the occasional blowup. Like WFMI, which got shanked 6 months ago, but now its trading at new all time highs. I want to see more JBLU and JCOM's play out. Stocks that get sold hard, and never bounce back. As it is, trying to find a shortable stock in this environment is the same as trying to find Katrina of "The Apprentice" shopping at Pep Boys. Its possible, but remote. Easy money is still on the long side. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.