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B4 The Bell Turdsday April 1,2004


Guest yobob1

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B4, Swing Trader here and long till May/June. Curry is right imo.

+ my ewave says so too but most of all I just cant undersatnd the extreme bearishness all over the regular stock 'boards'..its like NO ONE 1 has forgotten the 3 year bear market and r expecting its imminent return.

 

we will c

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bulls: I have no clue which way this POS is going, but lets face it, when folks trhow in 100+ billion in the manic fund complex, well they aint bearish. The crowd is extremely bulled up and extremely committed to equities, that is a fact. I could fill this page with examples of outrageous bullish sentiment, but I know most already know, but suffice it to say 99% of folks are long and are bullish. OF course they may be correct, who knows.

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B4, Swing Trader here and long till May/June. Curry is right imo.

+ my ewave says so too but most of all I just cant undersatnd the extreme bearishness all over the regular stock 'boards'..its like NO ONE 1 has forgotten the 3 year bear market and r expecting its imminent return.

 

we will c

cant undersatnd the extreme bearishness all over the regular stock 'boards'

 

 

Time Calls Puts Total Calls Puts Total Calls Puts Total Ratio

9:00 AM 59104 29618 88722 8650 18097 26747 67764 47719 115483 0.7

9:30 AM 145304 96252 241556 48969 56358 105327 194293 152634 346927 0.79

10:00 AM 219973 105637 325610 66019 81965 147984 286012 187634 473646 0.66

10:30 AM 268356 126666 395022 78647 94716 173363 347043 221514 568557 0.64

 

.64 last is not reflecting bearishness and niether is this

 

1080836954732?User=normbailey&Pswd=IKt21SjLpLg1A&DataType=GIF&Symbol=INDEX:VIX.X&Interval=W&Permission=1000&Ht=400&Wd=600&Display=0&Study=BB&Param1=20&Param2=200&Param3=&FontSize=10&LocaleID=0x0409&.gif

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I guess what drives me uinsane ( well , perhaps more insane) is the total dissconnect betweent his mkt and what the statists have done. We all know they are lying scumbags, and through their various rephrensible acts have coused mass chaos. But the fact that the can keep up the illusion with virtually no one even asking why, well is beyond me. The economy sucks, sure we had a one year one off debt induced hiccup, but c;mon we all know unemployment is off the charts and debt levels are in the stratasphere

Sorry to say, but nothing has changed.

 

The bushman will still over spend about $500 Billion.

 

Must hire everyone inorder to convert every 2 lane road in the nation to a 4 lane road.

 

It will be an interesting job report.

 

All of those road have to be repaired.

 

The main road in my town has had sections that have been reworked three times in 1 1/2 year.

 

Looks like every time they have spare money, they just repave it.

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B4, Swing Trader here and long till May/June. Curry is right imo.

+ my ewave says so too but most of all I just cant undersatnd the extreme bearishness all over the regular stock 'boards'..its like NO ONE 1 has forgotten the 3 year bear market and r expecting its imminent return.

 

we will c

I don't cruise market message boards other than Stool, so I'll just assume you're correct about web sentiment. However, small investor sentiment indicators are not worth a damn thing in this market. The derivative/hedging forces running this market are huge, and the barrage of 4 digit ticks we see on mornings like today are not daytraders jumping in and out.

 

You can see sentiment influences in casino stocks like RIMM, TASR, COCO, etc., but it is a stretch to apply the argument to the overall market. I see many bearish sentiment indicators that are much more reliable than surveying weblogs.

 

Just as no one has forgottent the three year bear, no one has forgotten the 16 year bull. There are manic deja vu's on each side, reflecting the public appetite for a return of the good/bad old days. Meanwhile, The Robots do their deal, make their hedges, spreads and arbs on a scale dwarfing those humanoids who get emotional over things like the Market. And they are the ones taking in the money.

 

Sentiment, shmentiment. Figuring out what the bots are gonna do is the name of the game.

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Golds correction lasted 2 hours

Just went positive

 

Looks like they are getting for another assault on the highs

Roger A on his radio show just said that dealers were at record high short, in the gold market.

 

Hoping for the 440 - 448 level, that will be painful for the gold short.

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