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NYSE TRIN .04. Incredible.

 

Update ....now 0.03.

 

Update......now .01. Is it possible? Going for 0.00. That would have to be some sort of record. Remember where you were this day!

TRIN stays at 0.00 for some 2 minutes!!!! Welcome to the new bull market.

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FWIW: Just heard that Arch Crawford is recommending a full short position with stop loss at DOW 9300. :rolleyes:

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November Manufacturing ISM Report On Business?

PMI at 49.2%

 

http://reportonbusiness.ism.ws/ROB122002.htm

 

(Tempe, Arizona) ? Economic activity in the manufacturing sector declined for the third consecutive month. The overall economy grew for the 13th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business?.

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NYSE TRIN .04.   Incredible.

 

Update  ....now 0.03.

 

Update......now .01.  Is it possible?  Going for 0.00.  That would have to be some sort of record.  Remember where you were this day!

TRIN stays at 0.00 for some 2 minutes!!!! Welcome to the new bull market.

Hey, I only saw 0.01. I never saw 0.00. My Tradestation chart show LOD of 0.01. Just putting my facts down for history.

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I am really looking forward to the soon decline. Not much to say until we're into it.

 

I do have some concern about Treasuries. I haven't a good feel on where they are about to go.

 

I have a small put position on MXIM that is down 15%.

I have some minor long gold positions.

 

This gyration is keeping me on the sidelines.

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ISM farted at 10am... could be lights out as this AM maybe was last leg of wave 5 up...

 

As Redd Foxx used to say... "Im comin to join ya"

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The only short I have left is GM, and that's because I just don't have the heart to cover. And by itself, it's killing me. I'm becoming a PileDriver convert- I guess the opposite of catching a falling knife is getting hit in the eye with a bottlerocket. Call me squinty.

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Well, at least my faith in the fallacy of EMT remains intact.

And the Crapvision pumping continues. Buy high and sell higher remains the investing mantra.

 

YHOO (pe over 200) up 60 cents.

 

I bet marktomarket is happy he took a week off.

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How bout those 2 wet mops they needed on the open down at the NYSE and the Nas this morning... it used to just be Maria's orgasms we had to put up with....

 

That sure looked like a blowoff top this morning... Dan Niles will once again fall on his sword with his idiotic Intel call...

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double - cant access P/C either - scottrade options quotes screwey as always.POS. Anyway, VIX was close to unchanged during 15 pt SPX rally. Very suspect. Increasing SPX shorts if we fail a retest of 955 this AM

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