purdymouth Posted June 7, 2004 Report Share Posted June 7, 2004 The Corporation - movie trailer Link to comment Share on other sites More sharing options...
Drano Posted June 7, 2004 Report Share Posted June 7, 2004 Open interest in those July 29 QQQ puts was over 111,000 as of this morning. Volume 119K today. I think these figures are right this time. At a nickel apiece, cheap insurance? Or something else? Link to comment Share on other sites More sharing options...
Guest Posted June 7, 2004 Report Share Posted June 7, 2004 "The bail is guaranteed by the luxury homes of two brothers-in-law in Bal Harbour and North Miami " Drano..... SoFl Real Estate is a hotbed of racketering AND BIG political contributions. :grin: Link to comment Share on other sites More sharing options...
The End Posted June 7, 2004 Report Share Posted June 7, 2004 Prince is on mtv2. My bad. See ya. Link to comment Share on other sites More sharing options...
DrStool Posted June 7, 2004 Report Share Posted June 7, 2004 Now We Know What $9.5 Billion Will Buy Your Anals are loaded. Take a subscribatory and download RIGHT NOW! 30 Day Intro Subscribatory. Just $16.99! Get In RIGHT NOW! Link to comment Share on other sites More sharing options...
brian4 Posted June 7, 2004 Report Share Posted June 7, 2004 Yes Drano-I noticed that as well- have the same question you do! Link to comment Share on other sites More sharing options...
Hypertiger Posted June 7, 2004 Report Share Posted June 7, 2004 Plutocrats? Is that the new code word for braindead desperate consumers? As long as there is a a continuous bumper crop of morons the "Plutocrats" will yawn and maybe expend some energy lifting their leg to let a little gas escape... Are the Plutocrats buying all the houses? No. Idiots that think money comes from a printing press and don't have the foggest clue they are about to die in a fit of extreme agony are... The chart again...M3 is slowing and Houses for sale are at a 25 year high although on the chart it only shows for 91 on...The average house price along with houses for sale must begin to move straight up very soon or the whole thing will collapse...rapidly Look again... I wonder if this has something to do with the blast up in M3 or the maybe the rise in rates? Now is there a possibility that consumers will borrow (Request commercial banks to create more debt out of thin air) enough to start a stage 3 lift off to infinite economic bliss? It took 20 years for households to go from 60% to 80% from 1980-2000... Since 2000, Households went from 80% to 100%+...I think it is close to 110% now... And where did we go? from 2000 to 2004? realisticly, nowhere...and the nifty thing about the 100% barrier is that below 100% people are forced to borrow more and more...past it people are forced to borrow less and and less...It is showing up in M3 which is actually slowing reguardless of all the pants shitters saying it is lifting off and total debt which is going down...Consumer credit as a % of income is also toppy... Is there another gasp left before gameover? The point at which the required amount of debt inflationary potential must become infinite to prevent/postpone implosion is still a ways off...late 2004 early 2005... Raise them rates 25 basis points...I dare you Al...The banks will have to pass it on by raising prime and that will carry through to mortgages and eventually Treasuries... Don't worry we are still rocketing towards misery and suffering beyond your current abilities to comprehend... Link to comment Share on other sites More sharing options...
Hiding Bear Posted June 7, 2004 Author Report Share Posted June 7, 2004 Trader over 1151 could very well take us to the figure TE was talking about. Over 1151 I would be long BUT we are not over it yet. Stains case is also a plausible scenario. For now -I am flat for the first time in a long time and we will see what tomorrow brings. The one thing I will note is that to me- today didn't feel right, the market never took a step back not even a baby step and we have sling shotted right back into very deep overbought. Frenzies like todays are quick to burst into flame and many times quick to flame out. If the Market consolidates around the highs for a day or two then it may well be real-we'll see. Tanks. Maybe with the G-8 coming up too, the Fed wanted to pump things up a little. Could be another day or two of uptrending before the pre- "long goodbye" weekend selloff. We may not make 1151. Odds are the Fed is not yet in panic mode and is playing with the market. Link to comment Share on other sites More sharing options...
traderfromhell Posted June 7, 2004 Report Share Posted June 7, 2004 A bullish take on the Dog. Link to comment Share on other sites More sharing options...
traderfromhell Posted June 7, 2004 Report Share Posted June 7, 2004 Hypertiger do you know who else is buying houses? The guy who is tired of paying effen rent all these years with nothing to show for it all these years. On top of that he sees in my area of NJ at least homes going up 4 fold in the last 20 years. This after people telling him they were overpriced 20 years ago. No one knows where the top is in this market. I would have guessed we were close 20 years ago but I'd have been very wrong. I'll take the 4 fold increase and sweat the end of the world. More comfy than a damned 2 br apartment. No one knows when the end will come. Been hearing this for the last 25 years. Someday maybe you'll be right. Off to another soccer game. Enjoy. Link to comment Share on other sites More sharing options...
wndysrf Posted June 7, 2004 Report Share Posted June 7, 2004 Don't worry we are still rocketing towards misery and suffering beyond your current abilities to comprehend... Yeah, you got that right. Everytime we attempt to short stocks, we get these Hell Squeezes which Rocket the averages to new highs for the move, making us suffer beyond our current ability to comprehend...... Fighting the Plutocrats and their levers and their printing presses is a losing proposition these days....... Link to comment Share on other sites More sharing options...
Hiding Bear Posted June 7, 2004 Author Report Share Posted June 7, 2004 Some bear humor: Need help with your debts? Ameri-debt does too! AmeriDebt Files for Bankruptcy GERMANTOWN, Md. ? Credit-counseling company AmeriDebt, charged by federal regulators with using deceptive marketing to bilk hundreds of thousands of customers, filed for bankruptcy Saturday, the company announced. http://www.foxnews.com/story/0,2933,122003,00.html Link to comment Share on other sites More sharing options...
Guest Posted June 7, 2004 Report Share Posted June 7, 2004 And then there is this....... US FINANCIALS AS AN ADDICTION SYSTEM http://www.financialsense.com/Market/wrapup.htm Link to comment Share on other sites More sharing options...
Hypertiger Posted June 7, 2004 Report Share Posted June 7, 2004 Ultimately It does not matter who buys the houses...all I know is everything better start rocketing up forever or it will begin to rocket down to hell...and unlike 2000 the ability for desperate consumers to consume monumental amounts of debt is not going to be there...Next up is the covering event...the scapegoat or excuse You haven't heard anything for the past 25 years or even 50 years...you have like everyone else been rejecting reality...And it shows in the charts...The charts are the effect of everyone rejecting reality... That's what each and everyone of you have been and are currently betting the farm on...That reality will never show up... Below is just a rough guess... 1929 snapshot... Current action... I think the cave in in 2001 was too deep in relation to the one in 1929 to produce the above best case scenario...But whatever measures TPTB employ to make me wrong (Postpone/prevent reality from showing up) have to last forever... Straight up forever...not going to happen... Link to comment Share on other sites More sharing options...
Ned38 Posted June 8, 2004 Report Share Posted June 8, 2004 Nasty Link to comment Share on other sites More sharing options...
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