B4 The Bell, Pre-Weekend April 30
178 replies to this topic
Posted 30 April 2004 - 04:09 PM
May SPX puts closed, Septs staying open..."turning green to gold" (et silver) for my purchases this week.
Good weekend, all. Just thought of something...
is there a name for an optimistic bear? sort of like a right-to-life fatalist...
Posted 30 April 2004 - 04:09 PM
Its been a long long time since the bears dominated from 1552 to the present time frame 1609 and counting
They are losing it....
"If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered." --- Thomas Jefferson
Posted 30 April 2004 - 04:10 PM
I have to go mow the lawn before it rain, would someone please do me a favor? Please check were spoos are 4:14, last day of the month they settle them at "fair value" would like to see how they go out before the bulshit settlement
""Pretty bubbleheads preen daily on our financial networks, playing the shill to Wall Street and Washington in order to lure unsuspecting Americans into buying insanely overvalued stocks. The great market exchanges, once prudent arenas of investment where the engine of capitalism traded value for value, have become sham casinos staggering under decades of massive Fed created debt and lurching into oblivion on the greater fool theory. Yet our high level bureaucrats, led by Alan Greenspan, exhort all Americans to consume still more of their seed corn and seek still more fools." N. Hultberg
Posted 30 April 2004 - 04:13 PM
Hit 1104-1105 target at the bell.
Holding Spoo shorts thru the weekend.
Sell in May, staying right here (not going away) to watch the possible carnage.
1080 is the next target if the bulls can't a squeeze a rally of some sort, though there could be strong support at 1085.
Posted 30 April 2004 - 04:22 PM
Look at the number of big blocks going though at 34.77 on the QQQs
Posted 30 April 2004 - 04:30 PM
I started the weak-end thread. Was today fun or what.
NONE of what I type, should be taken as financial advice.
And when you loose control, you'll reap the harvest that you've sown
And as the fear grows, the bad blood slows and turns to stone
And it's too late to loose the weight you used to need to throw around
So have a good drown, as you go down, alone
Dragged down by the stone.
Posted 30 April 2004 - 04:37 PM
Common Cause: Gagging Ted Koppel: Action Needed!posted by :: infoZine Staff :: 04/30/04 @ 03:21:32 PM :: views
Sinclair Broadcast Group, one of the largest owners of TV stations across the country, yesterday made a unilateral decision to deprive hundreds of thousands of viewers the right to see tonight's Nightline broadcast honoring the soldiers killed in Iraq.
Washington - That a corporation can tell the citizens in the communities they are supposed to serve that they have no right to view this program shows the incredible power of media consolidation.
Posted 30 April 2004 - 04:38 PM
All of which was prominently featured on 60 Minutes. That guy is going to jail for a long time, this time on the other side of the bars. His excuses played on Sunday night on national television in the US were too lame and too disgusting for words. No civilized human being acts this way. Geneva convention or otherwise. 60 minutes also took to task the General who oversaw the operation for inadequate training and control. Man is she in a big heap of shit.
The Detroit News is not 60 Minutes. 60 Minutes has been the most influential TV news magazine in the US for 30 years. It is watched religiously by millions millions and millions of Americans every week, and it is extremely influential in affecting public opinion, and political opinion. It make a while for the firestorm to reach full force, but I believe it will.
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Posted 30 April 2004 - 04:39 PM
Sinclair Responds to Senator McCain
Friday April 30, 2:17 pm ET
BALTIMORE, April 30 /PRNewswire-FirstCall/ -- The following is a copy of Sinclair Broadcast Group, Inc.'s (Nasdaq: SBGI - News) letter sent today to Senator McCain regarding the Company's decision not to air this evening's episode of "Nightline."
April 30, 2004
Senator John McCain
United States Senate Commerce Committee
Washington, DC 20510
Dear Senator McCain:
I am writing to respond to your letter to me regarding Sinclair Broadcast Group's decision not to air this evening's episode of "Nightline."
Let me begin by saying that no organization more fully supports our military than Sinclair. In no way was our decision intended to show any disrespect to the brave members of our military, particularly those who have sacrificed their lives in service of our country. To the contrary, our decision was based on a desire to stop the misuse of their sacrifice to support an anti-war position with which most, if not all, of these soldiers would not have agreed.
Senator McCain, together with you, I also support the President's decision to go to war in Iraq. Moreover, while I don't disagree that Americans need to understand the costs of war and sacrifices of our military volunteers, I firmly believe that responsible journalism requires that a discussion of these costs must necessarily be accompanied by a description of the benefits of military action and the events that precipitated that action. To those who would accuse Sinclair of censorship, we ask that they consider the daily decisions of network shows like "Nightline" as to what issues to cover and how they are to be presented, decisions that necessarily involve ignoring other issues and points of view that the networks choose not to present to the American public.
Sinclair's news coverage during the last year has reported on all aspects of the war in Iraq, including the tragic loss of lives of military combatants. In fact, we will be replacing "Nightline" this evening with a balanced report addressing both sides of this controversy. It is worth noting that "Nightline" and its host, Ted Koppel, have ignored repeated requests from Sinclair to comment on their decision regarding the content of tonight's program.
It is "Nightline's" failure to present the entire story, however, to which Sinclair objects. "Nightline" is not reporting news; it is doing nothing more than making a political statement. In simply reading the names of our fallen heroes, this program has adopted a strategy employed by numerous anti-war demonstrators who wish to focus attention solely on the cost of war. In fact, lest there be any doubt about "Nightline's" motivation, both Mr. Koppel and "Nightline's" executive producer have acknowledged that tonight's episode was influenced by the Life Magazine article listing the names of dead soldiers in Vietnam, which article was widely credited with furthering the opposition to the Vietnam war and with creating a backlash of public opinion against the members of the U.S. military who had proudly served in that conflict.
In closing, I would like to quote for you the words of Captain Kate Blaise of the U.S. Military. Captain Blaise served in Iraq as a member of the 101st Airborne Division and suffered the loss of her husband Mike who was killed while also serving in Iraq. In commenting on exactly the type of practice which "Nightline" intends to employ, Captain Blaise had this to say:
"I was watching the news, watching this anti-war demonstration and they
were reading off names of soldiers who had fallen in Iraq and they read
off my husband's name. That made me very angry because he very
strongly believed in what he was doing and they were using his name for
a purpose that he would not have approved of."
I hope that this letter has adequately addressed your concerns and explained why Sinclair has taken this action. I would welcome the opportunity to discuss this with you in greater detail. In addition, if you are available, we would be delighted to provide you with a chance to be part of our program this evening discussing this issue.
David D. Smith
Posted 30 April 2004 - 04:41 PM
Can you give me the technicals on what you see on amzn, I'm thinking of a quick scalp on the long side?
Did well on the short side.
Thanks for creating this board.
Posted 30 April 2004 - 04:42 PM
MCCAIN LETTER TO SINCLAIR BROADCAST ON PREEMPTION OF NIGHTLINE
For Immediate Release
Friday, Apr 30, 2004
U.S. Senator John McCain (R-AZ) issued the following letter today to Mr. David Smith, President and CEO of Sinclair Broadcast Group, in response to the preemption of this evening’s Nightline program:
I write to strongly protest your decision to instruct Sinclair’s ABC affiliates to preempt this evening’s Nightline program. I find deeply offensive Sinclair’s objection to Nightline’s intention to broadcast the names and photographs of Americans who gave their lives in service to our country in Iraq.
I supported the President’s decision to go to war in Iraq, and remain a strong supporter of that decision. But every American has a responsibility to understand fully the terrible costs of war and the extraordinary sacrifices it requires of those brave men and women who volunteer to defend the rest of us; lest we ever forget or grow insensitive to how grave a decision it is for our government to order Americans into combat. It is a solemn responsibility of elected officials to accept responsibility for our decision and its consequences, and, with those who disseminate the news, to ensure that Americans are fully informed of those consequences.
There is no valid reason for Sinclair to shirk its responsibility in what I assume is a very misguided attempt to prevent your viewers from completely appreciating the extraordinary sacrifices made on their behalf by Americans serving in Iraq. War is an awful, but sometimes necessary business. Your decision to deny your viewers an opportunity to be reminded of war’s terrible costs, in all their heartbreaking detail, is a gross disservice to the public, and to the men and women of the United States Armed Forces. It is, in short, sir, unpatriotic. I hope it meets with the public opprobrium it most certainly deserves.
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