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baboons.jpg

courtesy: worldwildlife.org

 

From the current PAWS Newsletter:

 

This is a report from the Al-Riyadh newspaper, concerning some irate baboons in Saudi Arabia. A motorist driving on a mountain road ran over a baboon and killed it. So the other members of the deceased baboon's squadron waited in that same spot for three days. When the motorist returned, all the baboons threw stones at the car, breaking the windshield before the driver escaped. It was clearly a revenge hit.

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SG reminds of one of his indicators

 

As goes the stock of TARGET, so will go the market... notice the general 3 year chart formation below.

 

Target target is 18... currently 28.xx.... Citicrap target is $11; GE is 18

 

But Target is the one to watch... I havent done my E Wave updates on SPY in awhile, but I'll need to look at shorting that soon... Techs may have more mild up phase, and will lead the market up and then back down...

post-3-1040924955.gif

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WASHINGTON, D.C. (December 26, 2002) - The Market Composite Index of mortgage loan applications -- a measure of mortgage loan applications for purchases and refinancings -- for the week ending December 20 decreased 7.8 percent to 908.3 on a seasonally-adjusted basis from 985.5 the previous week, according to the Weekly Mortgage Applications Survey of the Mortgage Bankers Association of America (MBA), which was released today. On an unadjusted basis, the Index decreased 8.4 percent but was up 77.0 percent compared to the same week a year earlier.

 

The MBA seasonally adjusted Purchase Index decreased to 359.4 from 379.9 the previous week. The seasonally adjusted Refinance Index decreased to 4101.0 from 4507.6 the previous week. Other seasonally adjusted index activity included the Conventional Index, which decreased to 1297.6 from 1415.5 the previous week. The Government Index decreased to 258.7 from 267.8 the previous week.

Fixed Mortgage Rates Reach Record Lows in Latest MBA Survey - Applications Decrease From Previous Week

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Guest AssMaster

One thing I can say is that I've never made a mistake buying one of the strong miners, or even buying on strength - only mistakes have been in selling them on weakness. Of course we all look like great stock pickers in a bull market. :grin:

 

Regarding RGLD, I think Fido is front-running RGLD for their own account - to be sold later to FSAGX as the sheeple buy in.

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Agent Smith, I agree with you about AMZN and other debt ridd'en never have made a dime stocks. They are going down. I trade very short term. 3 to 5 days average. Therefore my plans are for short term trades. I just got tired of, make the money, loose the money, make the money, loose the money, over and over. I will probably re-short AMZN again if the pattern presents itself.

 

A lot about that timeframe thing...... and individual trading styles.

 

Do not let anyone sway you from a good plan... you will do well....

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Glad, u need to consult your history books more closely.

 

The Battle of Trenton was just the FURst in a crucial 10 day period that turned the tide of the Revolutionary War as the British struggled for and failed to gain control of the state of New Jersey.

 

The Battle of Trenton was followed, shortly, by the Battle of PRINCETON (rah!!! rah!!! rah!!! tiger! tiger! tiger! SISS!!! SISS!!! SISS!!! BOOM!!! BOOM!!!BOOM!!! ..............BAHHH!!!)

 

http://users.rcn.com/gvalis/ggv/battles/Princeton.html

 

Princeton, at the time, was known as the College of New Jersey, and, had a theological orientation. Aaron Burr, so the story goes, had applied unsuccessfully. As the link above notes, the British took refuge in Nassau Hall, Princeton's symbol, and chief administrative building. Allegedly, Aaron Burr was the American artillery commander at the Battle of Princeton, and the story says he only all-too-willingly ordered his troops to fire upon Nassau Hall.

 

The stone building still BAREs the scar of one of the two artillery shells.

 

Aaron Burr is buried in a cemetery in Princeton.

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