Guest AssMaster Posted January 16, 2003 Report Share Posted January 16, 2003 Whoever it was who was disappointed in BEARX yesterday should be happy today. Tracking the day to day changes is silly IMO...if you are a ST speculator use another fund. BEARX is buy and hold, IT at least. Anyone short gold out there? Hehe. Link to comment Share on other sites More sharing options...
fxfox Posted January 16, 2003 Report Share Posted January 16, 2003 it is reported our good Doc wrote wrote that to da bulls: "Ezekiel 25:17. "The path of the righteous man is beset on all sides by the inequities of the selfish and the tyranny of evil men. Blessed is he who, in the name of charity and good will, shepherds the weak through the valley of darkness, for he is truly his brother's keeper and the finder of lost children. And I will strike down upon thee with great vengeance and furious anger those who attempt to poison and destroy my brothers. And you will know my name is the Lord when I lay my vengeance upon you." Link to comment Share on other sites More sharing options...
slinger Posted January 16, 2003 Report Share Posted January 16, 2003 Sorry sniff for taking awhile to get back to you, I was busy trading. My chart that I posted earlier was my best guesstimate of the action for this afternoon. So far so good... Link to comment Share on other sites More sharing options...
Rockhead Posted January 16, 2003 Report Share Posted January 16, 2003 just covered 2nd 1/3 of qqq @ 26.37.... Did I want to? Makes no diiference, It hit the bottom of my 30 min. regression channel... That was the plan... and everything executed in the 30 min. timeframe....... last 1/3 gets a .618 retrace or stop out. Followed plan...smart very smart. Covered my SPY short from this AM peak. They wont let 8700 fail without some work IMO. Looking for some small bounce here. But will reshort on nice break of 8700 and 913 or so. Link to comment Share on other sites More sharing options...
PileDriver Posted January 16, 2003 Report Share Posted January 16, 2003 yawn I'm sure we'll have one more obligatory rally up to finish this pig off. Link to comment Share on other sites More sharing options...
BarBu Posted January 16, 2003 Report Share Posted January 16, 2003 BTK has a very poor long term prognosis.The individual components look like crap. 2 main reasons for today's ramp: AMGN put volume and semi rotation. BTK looks weaker than semis, though (see suctor charts); semis are in a 12 month up-phase and may be relatively trenchant.....more reason for biotech's upcoming weakness. They are often anti-correlated. Metamucil, Tanks Link to comment Share on other sites More sharing options...
Drano Posted January 16, 2003 Report Share Posted January 16, 2003 Sorry sniff for taking awhile to get back to you, I was busy trading. My chart that I posted earlier was my best guesstimate of the action for this afternoon. So far so good... Link: http://www.capitalstool.com/forums/index.p...=3&t=708&st=120 Link to comment Share on other sites More sharing options...
mjkst27 Posted January 16, 2003 Report Share Posted January 16, 2003 as scam weeks go, so far this one's been pretty tame Link to comment Share on other sites More sharing options...
PileDriver Posted January 16, 2003 Report Share Posted January 16, 2003 just shoot me now...I can't take it much longer. Three months of pure unadulterated bullsh!t. Doc, when is this going to END!? These hopers are like leeches. Link to comment Share on other sites More sharing options...
FeedFool Posted January 16, 2003 Report Share Posted January 16, 2003 Stoolie, BioTech index BTX up 8-9%, is it a good time to short stocks such as GENZ IDPH CHIR AFFX ....? Little more up side Link to comment Share on other sites More sharing options...
Guest Posted January 16, 2003 Report Share Posted January 16, 2003 Watch POG run. Run POG, run! :grin: Jerry, high index PCR and low equity PCR is bearish. It means that the big money (who can afford to trade the big index contract) are bearish and the dumb money (who trade the much cheaper options on equities) are bullish. Guess who's usually right. :wink2: Auntie, TMA is in a technical correction right now. If your father wants it and can afford 1.25 points per share risk, a better entry would be at 19.25 (50-dma), with a stop at 18 (or slightly above - price-by-volume support): Regards, Vesselin Link to comment Share on other sites More sharing options...
Guest Posted January 16, 2003 Report Share Posted January 16, 2003 CBOE Intra-day Put/Call Link to comment Share on other sites More sharing options...
razf1 Posted January 16, 2003 Report Share Posted January 16, 2003 HI Can anyone recommend a good brokerage for 401k? Fidelity keeps slapping me with large fees for switching in less than 90days. Thanks, raza Link to comment Share on other sites More sharing options...
soup Posted January 16, 2003 Report Share Posted January 16, 2003 feed: do you still think yd was a turn date for ibm? or do we have another run towards 90 post earnings? Link to comment Share on other sites More sharing options...
PDoody Posted January 16, 2003 Report Share Posted January 16, 2003 Inspectors find 11 IRAQ empty chemical warheads. Empty...flower pots maybe? Empty, like the shrub's skull. Of course the media will hype warheads to the max and minimize the fact that they are empty. Yippie, we're going to war no matter what it takes. Link to comment Share on other sites More sharing options...
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