Butterfield 8 Posted December 10, 2004 Report Share Posted December 10, 2004 This Mahendra is the same astrologer guy who predicted Kerry would win the presidential election. <{POST_SNAPBACK}> Kerry did win the election. sorry, don't mean to get political Link to comment Share on other sites More sharing options...
RockLedge Posted December 10, 2004 Report Share Posted December 10, 2004 tanks K-wave....that makes perfect sense. Yes, that stock is capable of some surprisingly large, and fast, moves; for a stuffy old lady of a stock <{POST_SNAPBACK}> IMO, a very reliable indicator. Which ever way, jump on it. Link to comment Share on other sites More sharing options...
flockofsheeples Posted December 10, 2004 Report Share Posted December 10, 2004 Mahendra speaks -- After this I see gold is moving toward to $478 to $498 and silver $9 in a few weeks. METAL STOCKS LOOKS VERY INTERESTING AND THEY WILL HAVE MOVE LIKE TECHNOLOGY STOCK DID FROM 1997 TO 1999. Party like 1999 It's worth remembering that the breakdown level for the dollar index was 85 ... it's struggled back to 82 now, not even a 50% retrace. The dollar has no future. Gold and silver are the place to hide. <{POST_SNAPBACK}> This Mahendra is the same astrologer guy who predicted Kerry would win the presidential election. <{POST_SNAPBACK}> did he? http://www.slonet.org/~rloomis/simp182a.wav (this one's for you, ftm) Link to comment Share on other sites More sharing options...
Tchaikofsky Posted December 10, 2004 Report Share Posted December 10, 2004 Close: Stocks started with losses that were only exacerbated at mid-day; however, traders stepped in following an upside Q2 (Feb) earnings report from National Semiconductor (NSM 16.76 +0.76) which inspired investors to use the earlier weakness as a buying opportunity... The afternoon turnaround was not unlike others traders have seen in the past 4 weeks as the 'Santa Claus' rally still seems to have legs... Negative news in the semiconductor group was the main reason for the lower open after chipmakers Xilinx (XLNX 29.72 -1.01) and Altera (ALTR 20.47 -1.73) reduced sales forecasts due to inventory concerns... Disappointing initial claims data, which came in at +357K new claims versus expectations of 335K, also added to the overall weakness... The market traded lower until late morning, when National Semiconductor beat anal cysts' Q2 expectations... Semiconductor began paring its large losses in quick fashion, and directed the market in turning the course... The afternoon recovery effort was highlighted by the S&P 500, Dow, and Nasdaq breaking through several resistance levels, which in turn pulled more buyers off the sidelines... ================== Running late this evening. Had to delay posting this scintillating, highly reasoned and well-thought out recap. Ags: Best wishes to your uncle. Hope things turn out for the best. You're absolutely correct that the casino should never be the top of life's priorities. Dinner with Gramps this evening. He just turned 95. He sez, "You know, I scan the headlines in the paper and see the stock markets going up, up, up. Don't people know that can't happen forever?" Link to comment Share on other sites More sharing options...
flockofsheeples Posted December 10, 2004 Report Share Posted December 10, 2004 sorry, this one's more appropriate http://www.slonet.org/~rloomis/simp201a.wav Link to comment Share on other sites More sharing options...
FranciscoTheMan Posted December 10, 2004 Report Share Posted December 10, 2004 Fannie 60 min ribbon all wound up about as tight as they come...news coming soon?? Regardless, big move should be coming very soon... <{POST_SNAPBACK}> My handy thrust-0-meter says the break will be to the downside (in the short term anyway), FWIW. <{POST_SNAPBACK}> Sounds fine, Francisco. Say, what is the Thrust-O-Meter ?? I love the name! <{POST_SNAPBACK}> An indicator I have developed with QuoteTracker. It suggested that CFC would still climb this morning, but I didn't have time to post it. Until I develope some more rules (for signals), it is awfully subjective. I doubt the fart smellers around here would find it too useful Link to comment Share on other sites More sharing options...
wndysrf Posted December 10, 2004 Report Share Posted December 10, 2004 Aloha Riverboaters!!! Ah, Tim Wood at it again??? Well, he missed the entire 50% move on the S & P from the 2003 lows. And he never issued a buy signal on the XAU at 77, missing out on another huge tradeable play. These mistaken calls are simply inexcusable. As for Mahendra, he's been much more reliable. He warned of a multi-week correction in oil. He was right, but a little early. He has also been correct on many of the other commodities, such as cocoa and coffee. Not so good with U.S. stocks, however......... My guess is that Wood will be punted into obscurity, after issuing at least 16 short selling signals over the last 12 months. And most of the signals came near the lows, not the tops. As you know, in a Green$pammed market, all double or triple bottom failures are to be bought with a vengeance, and all double tops are eventually exceeded. Why hasn't Wood figured this out yet??? Yes, Wood finally turned bullish a month ago, but didn't he issue another sell signal last week? Looks like UTX will Boner up the Dow tomorrow.................... Al Leeson throwing one Hail Mary Pass after another. So far, its working.......... The "Inflation Play" appears to be on, in full gear, evidenced by TOL's spectacular breakout today.............. A Buying Panic on housing appears to be upon us, from the Resilient Consumers and Foreigners able to buy our RE on the "cheap" as a method to hide assets from foreign dictators and Plutocrats. What better place to hide your money than in Green$pam's Playpen??? Anyway, shorts need to keep their stops tight, and focus on the weakest stocks and broken down Soap Queens. Everything else seems to be going up, up, up............ Mahalo.............. Link to comment Share on other sites More sharing options...
No Einstein Posted December 10, 2004 Report Share Posted December 10, 2004 deleted Link to comment Share on other sites More sharing options...
dozer Posted December 10, 2004 Report Share Posted December 10, 2004 tanks K-wave....that makes perfect sense. Yes, that stock is capable of some surprisingly large, and fast, moves; for a stuffy old lady of a stock <{POST_SNAPBACK}> IMO, a very reliable indicator. Which ever way, jump on it. <{POST_SNAPBACK}> tanks Rockledge. Appreciate the confirmation. yes, when one looks at the fannie chart, and sees those couple of monster moves in past months....and considers the small spreads....and the cheap options....yum yum! wndy; agreed. I started with just $1,000 in spec money when I returned here at end of October, and have turned that into $5,800 as of today; and I've done most of that on the short end, even during this past upleg....by using individual issues that started a run down. Did a bit of it with the last upleg of the PM's. FTM: tanks for the word. I'd be interested in hearing more about it if you feel like writing. I'm using QT also, but only on the simplistic level so far. I'm interested in making better use of its programmable "alert' capacity.... Link to comment Share on other sites More sharing options...
Guest Posted December 10, 2004 Report Share Posted December 10, 2004 Close: (Borking.com 12-09-2004) We opened it lower this morning to suck in some bears. Once they assumed the position we rammed it in deep and rode 'em hard all afternoon. Same as usual. These bears always think every little drop is the start of something big. And they're right -- a big aSSblaSSt. Now they can sweat all night waiting for the opening flagpole up their keyster in the morning. We'll drive 'em hard right up to the close so they cover at the high. Then Monday we'll open it down again, wait an hour or so for them to get all excited and decide to re-enter short. Then we'll "re-enter" long, and hard. Same as usual. Congratulations on another fine day of profits at the bears' expense. Ain't it great that they will always be blind to what this game is all about? I guess God made sheep to be sheared and bears to be raped. And that's the stock market wrap-up for tonight. Link to comment Share on other sites More sharing options...
Guest Posted December 10, 2004 Report Share Posted December 10, 2004 what's a/the "ribbon" k-wave. sorry for ignorant question.... <{POST_SNAPBACK}> The various moving averages form an undulating colorful ribbon.. FNM has all the MAs from 13 to 900 within less than a buck of each other..indicates price compression, and the likelihood that multiple time frames are about to turn in unison, so the move should have some legs, when it comes... <{POST_SNAPBACK}> I've been told there will be news postive for Fannie and Negative for Freddie. Link to comment Share on other sites More sharing options...
Guest Posted December 10, 2004 Report Share Posted December 10, 2004 Mahendra speaks -- After this I see gold is moving toward to $478 to $498 and silver $9 in a few weeks. METAL STOCKS LOOKS VERY INTERESTING AND THEY WILL HAVE MOVE LIKE TECHNOLOGY STOCK DID FROM 1997 TO 1999. Party like 1999 It's worth remembering that the breakdown level for the dollar index was 85 ... it's struggled back to 82 now, not even a 50% retrace. The dollar has no future. Gold and silver are the place to hide. <{POST_SNAPBACK}> This Mahendra is the same astrologer guy who predicted Kerry would win the presidential election. <{POST_SNAPBACK}> So he is pretty accurate then, eh? Link to comment Share on other sites More sharing options...
jickiss Posted December 10, 2004 Report Share Posted December 10, 2004 jickiss is back! and yessss, Marky Mark, the old theorem of James Dines is, mayhaps, emerging; namely, if a GIANT quantity of essentially "diminishing in value chits," known to da Sheeple as United States Doolars, winds up in da hands of offshore holders, then, these same offshore holders of said doolars may decide, en masse, to buy stuff in the States. it is very smart, as jickiss has posted, to buy kali real estate Versus, for instance, Real Estate in PA, (like in Bryn Mawr), due to the stability of the cap on the taxation of real estae in Kali due to prop 13, and to the Non-Recourse element for a residential buyer who lives in the property as an "Owner" when da paper is signed in Kali if there is a mortgage note....not that a lot of the offshore holders need financing, but, hey, what does a jickiss know, except, for the wealthy Ewe-row holder, perhaps, after taking down a $5,000,000 note against that small place in Newport Beach, they might retain some Ewe-row cash, so they might like to buy some silver, or, eventually, shares in CDE, if they like the following chart----> tra-la, the chart of silver in terms of Ewe-rows. lookin' better to bet long... yesss.... Link to comment Share on other sites More sharing options...
bubbadropping Posted December 10, 2004 Report Share Posted December 10, 2004 Anyone out there recommend a good Gold mutual fund that might spread the risk out a bit amongst miners? Just about time to be repositioning here perhaps. best,b.d. trader formerly known as buddhad..........g. Somehow the name proved too offensive to a fellow riverboater. Sorry if I offend. If you meet the Buddha on the Road before I do, KILL HIM? Slavery to form is just the finger pointing at the Moon. Link to comment Share on other sites More sharing options...
Slothrop Posted December 10, 2004 Report Share Posted December 10, 2004 Buddha: the Toqueville Gold Fund managed by John Hathaway. New, improved version of the old Zen saying is: if you meet Buddha on the road, become him. An excellent book to read is Cutting Through Spiritual Materialism by Chogyam Trungpa. Link to comment Share on other sites More sharing options...
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