wndysrf Posted June 13, 2003 Report Share Posted June 13, 2003 All guys know about "The Beginning of the End" of a relationship. After the twice a day sessions and kinky sex routines have run to exhaustion, the girl starts firing off the questions: "We need to talk." "Where is this relationship going?" "Where do I stand, exactly? Are there other girls?" Of course, you tell her that nothing has changed, and that you are just "dating" now, and haven't mentioned anything about a "commitment", so "let's just take it one day at a time". That "One Day at a Time" response might as well be secret code for "I'm riding this bucking bronco as long as I can until I get thrown off". It is the worst thing she wants to hear, so she immediately spirals down into the depression mode. The chronic sulking and crying. The silent treatment. As usual, you try some groping to see if you can "calm her down" and "get her excited" at the same time. But you are rebuffed by "DON'T TOUCH ME!!" She leaves the bedroom and crashes on the living room couch. Then you know its over. Then you know its time to review the black book and start rounding up replacements. But the next morning, she's already up, making you breakfast. She's in a good mood. She's wearing your favorite lingerie. As if nothing happened. You are bewildered and befuddled. The Stock Market is no different. There is always the unexpected "comeback" as if nothing happened. A second spike. Another wave of euphoria sending the short sellers into total confusion. Did we just experience that second spike? Is it finally OVER?? Or is there another one lurking next week during Scam Week, Quarter End Tape Painting, and all the rest? Nobody knows. Best to stand aside, wait and watch. If anything, scalp a few longs here and there during the inevitable intraday spikes. .......................... What a day for gold. How is Ed Young over at Fox Trading feeling now? Comfortable with the Millenium Commodity Program Robot staying on autopilot over the weekend? What will be the mood out at the Hamptons this weekend? A few tight sphincters? Why does the stock market always have to end in anxiety mode on a Friday prior to summer weekends? Will there be a breakaway gap on gold next week? And a breakaway downside gap on Uncle Buck? ........................... Anyone see The Wall Struck Journal piece on how so many large funds were holding on to FRE and FNM positions? Some of these funds own up to 3% of the float? And that 3% float is 6% of the fund's total holdings? How much short interest and puts are out there on these two? Will the Program Robots start buying FRE and FNM futures now? What will Doug Noland's take be tonight on this unfolding drama? Link to comment Share on other sites More sharing options...
DrStool Posted June 13, 2003 Report Share Posted June 13, 2003 All the Stoolies are at the Hamptons too. Except Mr. Hanky of course. He's in AC! America's playground. Link to comment Share on other sites More sharing options...
Ned38 Posted June 13, 2003 Report Share Posted June 13, 2003 If I didn't know better.........a day like today might lead me to believe some folks have just figured out the second half recovery has been cancelled Link to comment Share on other sites More sharing options...
Guest Posted June 13, 2003 Report Share Posted June 13, 2003 I spent Mon.-Wed. going short and long XLNX to get back my losses from last Friday. Went short at 28.58 Wed. 5-10 minutes before the close. Covered this afternoon at 25.78 as I will be on vacation next week and prefer to be in cash but, also because, and I might be wrong, I think the drop in XLNX has pretty much run it's course for this round and with OE and EOM/Q approaching, it seemed like a good time to cover. This was a very successful week for Da Maus. Awfully lucky. Link to comment Share on other sites More sharing options...
Slothrop Posted June 13, 2003 Report Share Posted June 13, 2003 Yes, indeed, a remarkable day for the miners and capped off by CALVF gaining a penny on much greater than average daily volume. And look at that candle: a hammer, kind of. More like a sledgehammer of some kind. Link to comment Share on other sites More sharing options...
wndysrf Posted June 13, 2003 Author Report Share Posted June 13, 2003 Mousey: I went long on XLNX at the highs on the gap and crap. Good thing I sold right away. Good thing you held on to your shorts. SemiCups might be in for a bra strap bounce next week, but the way BRCM and NVDA gapped down today, maybe not. Have a good vacation. Da Boyz will be out at the Hamptons, sipping Mint Julips, waiting for the limos to arrive. Limos carrying the Russian Hookers imported for the weekend into LaGuardia. Too bad the Concorde flights were cancelled. Now these girls will be suffering from jet lag. I can see it now. DaBoyz pumping and humping, high fiving each other, partying all night, but keeping an eye on the Bloomberg News Ticker to make sure someone doesn't lob a grenade over the weekend. The Junior Boyz are stuck back in N.Y. in their non-airconditioned lofts, forced into weekend technical analysis studies and open interest analysis so they will have the "gameplan" for DaBoyz ready when they return. Riverboater's Business Daily still has a very low specialists short ratio reading, so that should make the bears a little cautious. Link to comment Share on other sites More sharing options...
Guest Posted June 13, 2003 Report Share Posted June 13, 2003 Hi folks, GFI and HMY broke their respective swing highs today. The volume came in at equal to their B points and they are now well on their way to the C - D projections (GFI 13.5 and HMY 16.5) Both of them are a buy and a half here. Both pay a handsome dividend and with the new tax bill should attract new strong hands that are attracted by the 3.4% and 2.4% yield. IAG is another one of my holdings: Link to comment Share on other sites More sharing options...
merciless Posted June 13, 2003 Report Share Posted June 13, 2003 WOOOOOOOOOOOOWWWWWWZZZZZZZZZZZAAAAAAA yeah that's right ALL caps this time- bwahahahahahhahahahaha soooooo the stool's weary huh? thrice bitten and thrice shy eh? 97% scared stooless of tossing some short line to the fatszed hawg POS market eh? stool thinks ole MERCILESS done got FREaked(compliments to rog) yet again and maybe he has overextended eh? "ahhhh one too many hot days on the beach for good ol MERCILESS eh?" "poor kid, went short at 994 and well....that's the way it ends sometimes..it just aint pretty." yeah- FRE got outed and nada- eh? one more speed bump on the road to Pure Fantasia for King Paper eh? Doc- your the best salve a short trader could have! To the rest of you cringing bears, hiding tigers, I'm gonna say this one last time. You are what you think. You trade not money nor capital nor info nor knowledge BUT your confidence- got that! When you put yourself at risk in the market you are positioning your level of confidence AGAINST all comers- think about that for a second. Think about it again too before next you place a trade. I drink from three cups in this game Me, Doc, and http://www.apolloresearch.com. I dont know much but the last trade that went by, Doc is as good a sherpa as one could hope to find, he keeps me on the clearest paths, Apollo maps the terrain for me. This is my way. I promise you all that for the money that some here have related they have lost and that some are rightfully embarassed to mention , Doc and Apollo will return you tremendous multiples on their fees. Ladies and gentlemen of the jury I give you my elixir for grievances with the bull case so loudly trumpeted of late on our good doctor's site. I give you yet but one tasty morsel officially sanctioned as "fit for public consumption"- ie non paying clientele from the mappers at Apollo- and to boot the boys there spoke with one of the authors just yesterday- ahhh its enough to make me short even more AXP, spooz and BRCM on the close- bwaahhaahhahaahhaahhahahahahahaha ladies and gentlemen of the jury by way of the prodigious minds at apolloresearch.com i give you this link- read and be bemused my fellow stoolies, : http://www.chicagofed.org/publications/fed...ov2001_171a.pdf enjoy the weekend, see you all on the shortside!!!!! mmmmmm roast pork!!!! mmmmm bwahahahahahahahahhahahaahhahahahaahahahah stay nimble stay focused and hey smoke em, so says I, MERCILESS Link to comment Share on other sites More sharing options...
Guest The CoinGuy Posted June 13, 2003 Report Share Posted June 13, 2003 Beeyooteeful! Doc... Didn't cover my shorts, actually added a small amount. Still long the miners, tight stops on the Nats. GSS, held the last correction in the HUI is/has/will lead the way...in case at this late date you hadn't noticed. Take a look at the LT chart...Hmmm...heh...heh...heh...wheres the RES? Nice weekend to all, The CoinGuy Link to comment Share on other sites More sharing options...
MyGoldenStool Posted June 13, 2003 Report Share Posted June 13, 2003 I had just called up today's Roger Arnold show and thought he was playing the Bruce Springsteen until I noticed the woidz seemed a little foreign.... Link to comment Share on other sites More sharing options...
Guest The CoinGuy Posted June 13, 2003 Report Share Posted June 13, 2003 To the rest of you cringing bears hiding tigers, I'm gonna say this one last time. You are what you think. You trade not money or capital or info or knowledge BUT your confidence- got that! When you put yourself at risk in the market you are positioning your level of confidence AGAINST all comers- think about that for a second. Think about it again too before next you place a trade. I have to agree with ya hear Merci...each time I've thought I've been at the end of my rope...over the last 15 years, I seem to pull it out of somewhere. God only knows where? But I refuse to give up on myself, even in the hard times. I base my decisions on good money management skill, fundamentals backed with T/A, but at times, these are just not enough to hang out there into a trade...confidence in my abilities has carried me through many a time. I don't know where it comes from, but I Completely understand...when you're at the end of your rope, tie a knot in the son-of-a-bitch and hang on. Good weekend in the sun to ya, TCG Link to comment Share on other sites More sharing options...
Guest Posted June 13, 2003 Report Share Posted June 13, 2003 With what looks for all the world like a floor at .16 - I went dong 60,000 CALVF at .17 GO BABY! Link to comment Share on other sites More sharing options...
morass Posted June 13, 2003 Report Share Posted June 13, 2003 Love that tune Link to comment Share on other sites More sharing options...
depends Posted June 13, 2003 Report Share Posted June 13, 2003 Well today gave us the bragging rights. My strategy of going into today with longs and shorts with tight stops worked well. I was long MSFT and reversed this AM to catch the downdraft. Closed other longs at breakeven or above. Shorts BZH and AZO were awesome. covered BZH near the low and reloaded on the bounce before the close. Was stopped out on KBH and TOL - so the homebuilders are not really breaking yet, but by shorting the three and using tight stops I got the BZH slide. Added to gold during the day. So glad I didn't cover yesterday. Stool's Gold forum is hot. I'm using tight stops when Doc's cmaps are near the down and adding to shorts when cmaps are up. Stooltrading rules. Link to comment Share on other sites More sharing options...
DrStool Posted June 13, 2003 Report Share Posted June 13, 2003 Your Friday Nite Quickie Edition of the Weak End Anals is now ready for your download. Click Here Link to comment Share on other sites More sharing options...
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