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Shocking News!

 

Market Down 0.1%! But It's OK. Dow Up

 

Your Closing Anals Intraday are now posted. Take a subscribatory, open it and download it RIGHT NOW, along with everything else in your Anals!?

 

15 Day Intro Subscribatory. Just $2.99! Get In RIGHT NOW!

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Doc is taking a break this evening. Your complete Weak End Analsl, including Uncle Buck and the Long Bong, along with the Golden Stool will be published Saturday.

 

 

Al Blows It Out

 

Feed Accelerates, Near Record Levels

 

Today's Fed Feed Report is now updated. How can you expect to know how things will come out if you don't know your Feed? It's in your Anals daily. Take a subscribatory and download your Feed report and analysis RIGHT NOW!

 

15 Day Intro Subscribatory. Just $2.99! Get In RIGHT NOW!

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The S&P, within rounding error, closed unchanged at the critical level of 1089 for a second day. (Explanation of the 1089 level can be found in sigmo's thread on LOB.)

 

Unchanged closes often signal a reversal. They are a special case of a double top.

 

I'm ready to roll to gloryland on dat southbound train. Are you?

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If you haven't used it yet you should check out the Stoolpop thumbnail market overview window! This compact window contains the latest intraday thumbnail charts on the SPX, gold and precious metals indices from Kitco, as well as a market summary applet from Barchart.com and form boxes for detailed quotes and market statistics. The window has minimal graphics beyond the essentials, so that it uses few server and processor resources, loads quickly, and gives you the tools you need all in one convenient reduced size window. You can also toggle the window back and forth with the Wall Street Urinal, to quickly scan all the latest newsnoise headlines. The links to this window are located in the upper right of this page, in the left column, and below the thread.

 

Market Stats and

Thumbnail Charts

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Apparently, the disappearing money act has caught some mainstream attention.

 

Where it go?

 

Here's a quote that I have a problem with:

 

After peaking in August, M2 fell at a 4.8 percent rate through November, while M3 sank at a 4.3 percent annual rate. The three straight monthly declines marked the longest such stretch since late 1992 and early 1993.

 

And the Fed's figures show the brakes on money growth have been slammed even harder lately, with declines in M2 and M3 accelerating in the week of Dec. 8, the latest data available.

 

One possible explanation for this sudden decline is that people are taking cash out of accounts and putting it back in the stock market, which has rallied in recent months, in response to stronger growth in the economy, and corporate profits

 

Say, whaaaat?

 

Let's step through the process. Person "A", who we'll call "bagholder", decides to take money out of a bank account and buy 1000 shares of AMZN at market.

 

Person "B", who we'll call "hysterically laughing insider", receives said money from "bagholder" and then, and then, and then, this is the tricky part, PUTS IT INTO A BANK ACCOUNT or some other receivership.

 

Here, let me do a Sam Kineson impression: "YOU IDIOT MORONS! IT DOESN'T GO AWAY WHEN YOU BUY STOCKS, IT JUST GOES TO SOMEONE ELSE!!!

 

Although, as a counterpoint, I do like the unintentional imagery that money placed into stocks disappears. At least I hope that was unintentional. :unsure:

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sphninx- That was like Crudele's dumbass article last week about the Fed. What can you say. Charlatans, lackeys, and boobs.

 

Boobs. Heh.

 

Heh heh. He said boobs.

 

Ye-ah. Boobs. sniffle snort snort heh heh.

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Doc is taking a break this evening. Your complete Weak End Analsl, including Uncle Buck and the Long Bong, along with the Golden Stool will be published Saturday.

 

 

Al Blows It Out

 

Feed Accelerates, Near Record Levels

Yes, Virginia, there is a Santa Claus. His real name is Alan Greenspan. He exists as certainly as love and generosity and devotion exist, and you know that they abound and give to your life its highest beauty and joy. How dreary would be the market if there were no AG! It would be as dreary as if there were no Virginias. There would be no childlike faith in ever higher stock prices, manipulative mutual funds, front-running floor specialists, no fiat-money to make tolerable this existence. We should have no enjoyment, except in sense and sight ? and what good would that be! The external light that says give me more, more, more world would be extinguished.

 

Not believe in AG! You might as well not believe in the Fed, or the dollar, or the gold in Fort Knox. There?s no proof that it is not there. Nobody can conceive or imagine all the wonders there are unseen and unseeable in the world, especially those given to us by AG.

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The close on the Russel was criminal. If I would of been one of the unfortunate shorts that got blown out on the squeeze into the close my blood would be boiling.

The futures got way ahead of the index as they blew short positions spiking it to 547.30. After the close they took it back down to 543.80. The equivalent of around 80 dow points after 1600.

Untradeable market. I watch these games in awe of the "free" markets.

Total bullsh$t

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I am starting a new web ad agency. It is called Stoolpop.com.

 

Do you think anyone will buy ads from me?

 

I met a chiropractor the other night. As he was coming in to the home where I was visiting, he saw the DR STOOL license plate on the Stoolmobile in the driveway.

 

When we were introduced he asked me if I wore rubber gloves when I worked.

 

I had to think about it for a moment.

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New Trade Center tower design unveiled

http://www.msnbc.msn.com/id/3757111/

http://www.msnbc.com/m/mw/s/msnbc/asx.asp?...ic_tower_031219

http://www.therealdeal.net/articles/trump.php

AW012231__230.jpgwtcdesign.jpg

And Larry Silverstein wasn't thrilled with the design they foisted upon him either

is that red thing a women's shoe?? :huh:

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sphninx- That was like Crudele's dumbass article last week about the Fed. What can you say. Charlatans, lackeys, and boobs. 

 

Boobs.  Heh.

 

Heh heh. He said boobs.

 

Ye-ah. Boobs. sniffle snort snort heh heh.

Perhaps Doc would like the car Sphinx.

post-3-1071867512.jpg

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The close on the Russel was criminal. If I would of been one of the unfortunate shorts that got blown out on the squeeze into the close my blood would be boiling.

The futures got way ahead of the index as they blew short positions spiking it to 547.30. After the close they took it back down to 543.80. The equivalent of around 80 dow points after 1600.

Untradeable market. I watch these games in awe of the "free" markets.

Total bullsh$t

yes, that was quite a blast!! covered and ran I did... <_<

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