longOnUranus Posted June 25, 2004 Report Share Posted June 25, 2004 Anyone notice the sudden activity in SMH puts? 500 January 40's. (SMHMH) Usually less than 100 trade. I can't get anything past you, can I, Drano? Putting my putts to work here..just look at a 6 mos SPX chart for clarity in an obfuscated world... Link to comment Share on other sites More sharing options...
HiHat Posted June 25, 2004 Report Share Posted June 25, 2004 sleddog.........Crazy Horse lives.............Reagan was in the movie Incidently..........after u.s. troops countered and put down Indian insurection after Custer debacle.........is when Homestake Mining layed claim and began mining Black Hills. yup...........it's always about resources Link to comment Share on other sites More sharing options...
Guest Posted June 25, 2004 Report Share Posted June 25, 2004 I think that we may have found ourselves another Saddam. "BAGHDAD (Reuters) - Iraq's prime minister vowed to crush Baathist die-hards and foreign militants he blamed for killing more than 100 people in a day of suicide bombings and attacks meant to sabotage next week's move toward Iraqi rule." Iraq's Allawi Vows to Crush Rebels Sowing Violence May I suggest, instead, "The Shah of Iraq"? I sure thought it would be Chalabi, tho'...8^0... Chalabi was just a little too corrupt for the administration, if that is possible. He also had a tendency to wander off the script they handed him. He might have still been safe with being a lying theif, but no way were they going to let him do any indepentent thinking. Link to comment Share on other sites More sharing options...
Hiding Bear Posted June 25, 2004 Author Report Share Posted June 25, 2004 -1.5B net looks like. That's right. It looks like I was wrong and they are saving their silver repo bullets for Monday and Tuesday to launch a post-FOMC meeting applause rally and/or post Iraq handover applause rally. GWB and Chain-knee both very tresty lately so they probably put some pressure on AG in one of their many secret meetings to make a strong showing next week - for the sake of national security of course. Link to comment Share on other sites More sharing options...
Hiding Bear Posted June 25, 2004 Author Report Share Posted June 25, 2004 ECRI - Pace of US economic growth at lowest level in 15 months down 10 percentage points from last AUG down 8 percentage points in last 14 weeks Tanks Roq. The end of extraordinary tax refunds, higher energy prices, and almost no new refinancing money. Yep if you have less money you usually can't spend as much. The marginal sources of economic stimulus - mostly a great expansion in deficit spending and the refinancing boom - are gone and nothing has stepped up to the plate yet to replace them. Link to comment Share on other sites More sharing options...
rog Posted June 25, 2004 Report Share Posted June 25, 2004 ECRI - Pace of US economic growth at lowest level in 15 months down 10 percentage points from last AUG down 8 percentage points in last 14 weeks Tanks Roq. The end of extraordinary tax refunds, higher energy prices, and almost no new refinancing money. Yep if you have less money you usually can't spend as much. The marginal sources of economic stimulus - mostly a great expansion in deficit spending and the refinancing boom - are gone and nothing has stepped up to the plate yet to replace them. Tough to see what could take the place of another refi boom. It was very widely dispersed, easy to execute, non-taxable and the sheer magnitude of money is mind numbing. I'll take it one step farther and say that 1% fed funds is not as stimulative as it once was. Much like a drug addict the economy has reached steady-state at 1% and needs a larger dosage to feel the difference. Link to comment Share on other sites More sharing options...
brian4 Posted June 25, 2004 Report Share Posted June 25, 2004 Window now closing again it was our way-Piggy looks ready to face plant- she's on her own for a bit! Link to comment Share on other sites More sharing options...
Hiding Bear Posted June 25, 2004 Author Report Share Posted June 25, 2004 ECRI - Pace of US economic growth at lowest level in 15 months down 10 percentage points from last AUG down 8 percentage points in last 14 weeks Tanks Roq. The end of extraordinary tax refunds, higher energy prices, and almost no new refinancing money. Yep if you have less money you usually can't spend as much. The marginal sources of economic stimulus - mostly a great expansion in deficit spending and the refinancing boom - are gone and nothing has stepped up to the plate yet to replace them. Tough to see what could take the place of another refi boom. It was very widely dispersed, easy to execute, non-taxable and the sheer magnitude of money is mind numbing. I'll take it one step farther and say that 1% fed funds is not as stimulative as it once was. Much like a drug addict the economy has reached steady-state at 1% and needs a larger dosage to feel the difference. Right. The Fed now is clearly ratcheting up its rate of monetary expansion. It's sad to think that the injection of the 1.25% solution, 4% below inflation, is not stimulative enough to keep the economy going. Check out this monetary base chart, too big to reproduce here: http://research.stlouisfed.org/publications/usfd/page3.pdf Link to comment Share on other sites More sharing options...
brian4 Posted June 25, 2004 Report Share Posted June 25, 2004 Opening now for 70 minutes-here comes the knock-out punch! Link to comment Share on other sites More sharing options...
HiHat Posted June 25, 2004 Report Share Posted June 25, 2004 an upgrade of Mcafee yesterday....resulted upon my start-up this morning in the knock out and deletion of the / Start-DU / trojan that has been on my machine for 2 weeks......................................................................... Link to comment Share on other sites More sharing options...
HiHat Posted June 25, 2004 Report Share Posted June 25, 2004 the event we do not want to see is Dow breaking above 10580 because that will confirm a Dow theory BUY, ......that confirms breakout high of transportation index...................................................................... Link to comment Share on other sites More sharing options...
brian4 Posted June 25, 2004 Report Share Posted June 25, 2004 My stop is now 1143 Link to comment Share on other sites More sharing options...
soup Posted June 25, 2004 Report Share Posted June 25, 2004 anyone home? Link to comment Share on other sites More sharing options...
Lock Limit Down Posted June 25, 2004 Report Share Posted June 25, 2004 almost impossible to get into stooltown today Check out MBI Link to comment Share on other sites More sharing options...
soup Posted June 25, 2004 Report Share Posted June 25, 2004 how about mr mkt gives all the naked short put sellers something to think about over the weekend? Link to comment Share on other sites More sharing options...
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