crooked_analyst Posted July 3, 2003 Report Share Posted July 3, 2003 Mark, your talent is priceless....thank you. Link to comment Share on other sites More sharing options...
Metamucil Posted July 3, 2003 Report Share Posted July 3, 2003 Unemployed folks can stay home and just buy this stock, on 0% credit cards; no overhead resistance. This is the beginning of a permanent plateau of prosperity. Link to comment Share on other sites More sharing options...
machinehead Posted July 3, 2003 Report Share Posted July 3, 2003 Only puzzling part about the NYCASS meeting was the number of stoolies interested in seeing a real gold eagle because they hadn't held one before. Yes, that WAS an eye-opener. And I'll admit to being one of the them. Kinda like being a sex columnist, but never having met a girl before. Link to comment Share on other sites More sharing options...
wndysrf Posted July 3, 2003 Author Report Share Posted July 3, 2003 Sphinxter: Unbelievable. These guys haven't held a Gold Eagle before??? I carry one at all times. It is addictive. The satisfaction of holding a small piece of wealth outside of The Matrix. I got some Maples this week, and was nearly blinded by the brilliance of those coins. Gold Fever. If everyone just had one coin to hold, they would suddenly realize how worthless those greenbacks are in the big picture. Link to comment Share on other sites More sharing options...
mksloth Posted July 3, 2003 Report Share Posted July 3, 2003 I prefer the slightly earthier look of krugs myself... Link to comment Share on other sites More sharing options...
MyGoldenStool Posted July 3, 2003 Report Share Posted July 3, 2003 Unemployed folks can stay home and just buy this stock, on 0% credit cards; no overhead resistance. This is the beginning of a permanent plateau of prosperity. I think it's a good bet to hit 120 before too long. All those newly unemployed people who just lost their benefits and are re-entering the workforce will be able to sell all that useless crap they bought in the last 3 years in order to make the mortgage, SUV, and the minimum monthly payments on those new Bank One and BAC 0% for life credit cards. Should be able to postpone the BK filing for at least a month or 2. Link to comment Share on other sites More sharing options...
scottcardiff Posted July 3, 2003 Report Share Posted July 3, 2003 50% short at close, balance to be applied next week on green daze, if we are lucky enough to get any. This will be my last post (visit) on this "bull board" section of Stooleville as I do not need any senseless emotional distractions. I'll be back once we near bottom and this section becomes bearish and heavily short. Good luck to all those dongers attempting to pick up pennies in front of the steamroller. Up 25% in IIJI today. Them are good lookin' pennies Link to comment Share on other sites More sharing options...
mksloth Posted July 3, 2003 Report Share Posted July 3, 2003 Re: bubble valuations, I see that some penguin (Fleck's term?) has established '05 earnings targets for Yahoo and Overture. This past Monday, SoundView Technology anal cyst Jordan Rohan said that due to strong pricing and paid-search volume, Overture (OVER: news, chart, profile) should exceed second-quarter estimates. Since Overture is Yahoo's paid-search partner, Yahoo should also do well in the quarter. Back in mid-June, Rohan upgraded Yahoo and established an '05 outlook. For online media, Wall Street has become increasingly confident that companies will make the grade. In fact, crystal balls are apparently getting clearer in the outer years. At the end of June, Smith Barney anal cyst Lanny Baker raised his '04 estimates for CNet (CNET: news, chart, profile). He predicts next year's sales will grow 20 to 25 percent, which is twice as much as the previous consensus. This is from Bambi's latest missive at SeeBS.markethype.com... Link to comment Share on other sites More sharing options...
scottcardiff Posted July 3, 2003 Report Share Posted July 3, 2003 Unemployed folks can stay home and just buy this stock, on 0% credit cards; no overhead resistance. This is the beginning of a permanent plateau of prosperity. <img src="http://216.218.139.67/chart/engine.asp?skin=marketscreen&split=1&pri=&time=&cname=&lcprice=&symbol=ebay&indicator=32,5,3,3;34,,,;48,,,;64,9,,&dur=5y&freq=2&intr=&type=4&width=480&height=360"> EBAY had a inverse head/shoulder target of 111 area. Today's high. If it can bounce off of 104-105 level, it may approach fibo target of 118 area. But a lot of rats left the ship today I bet. Quite the buy and hold from 26. Link to comment Share on other sites More sharing options...
Fukui-san Posted July 3, 2003 Report Share Posted July 3, 2003 Elaine "Mama-san" Chao. "Hello, J6P Consumer, I love you long time." Link to comment Share on other sites More sharing options...
scottcardiff Posted July 3, 2003 Report Share Posted July 3, 2003 I made more $$ going long in the last 3 days then shorting (and I only short peaks at fibo targets) for the past 4 months. As long as this POS market is above 983, I am long and strong. Link to comment Share on other sites More sharing options...
FeedFool Posted July 3, 2003 Report Share Posted July 3, 2003 ? ? ? Looking at the unemployment chart the recovery in unemployment numbers looks real and will no doubt be going to the moon. ---------------------------------------------------------- Click Here for Stool Waves Your comments are most welcome. --------------------------------------------------------------------------------------------- Link to comment Share on other sites More sharing options...
Hypertiger Posted July 3, 2003 Report Share Posted July 3, 2003 I find it weird that at this late stage that they are not just outright lying about the numbers... I guess we are not quite at full blown make believe mode just yet... Rising unemploymet reduces the amount of potential long term debt consumers but pumps up the short term demand... To make the second half recovery work the market has to be exploding by the next meeting...enough to raise rates... A drop in rates is a sure sign that we are doomed... Any market plunge like 2000-2002 cannot be allowed to happen... And rising mortgage rates? It is only a matter of time before demand evaporates...they need to drop them sometime... Exponential debt inflation needs volume and they dont seem to be getting it... Basis points are the explosives you need to create an explosion of debt... The FED started out in 2001 with 650 basis points and used them up trying to start a self sustaining chain reaction of debt creation...to produce a recovery. The basis points used up to date has been the largest chop in the history of recovery creation in the FED's history... Looking at the situation and knowing the kind of resources that the FED has it should have been an easy operation... It doesn't appear to be working... I don't think It can...I also think the FED is well aware of this fact...the 99.999% of the population that has spent maybe an hour of their lifespan thinking about the FED are clueless... I've been studying fractional reserve banking and the FED for 10 years and have easily blown 5000+ hours damaging my brain... And even the people that seem to know how the FED works say things like "The FED is printing money" When in fact the FED has unlimited powers of credit (Debt) creation...But limited by the abilities of consumers to borrow and service the credit (Debt) when it is requested... The FED lends it does not print... The 29 crash happened when the FED stopped lending... there was plenty of demand. This time it looks like the Fed won't stop but consumer demand is shrinking because demand is limited by the abilities of consumers to borrow and service the credit (Debt) when it is requested... The FED can not create "debt free" consumers to consume it's product which is debt... Human sexual relationships do that... It takes a good 18-20 years (12 years of formal brainwashing included) to produce a debt free consumer ripe for the picking... Any money that is printed is just to satisfy consumer demand for "cash" when they go to a bank and request some... the total debt supply is 33 Trillion dollars the total cash supply is around 700 Billion + counterfit or about 2-3% of the total. If exponential self sustaing debt creation doesn't show up in 7-11 months it never will. The smoke and mirrors show can only go on so long... Link to comment Share on other sites More sharing options...
GregFokker Posted July 3, 2003 Report Share Posted July 3, 2003 Sphinxter: Unbelievable. These guys haven't held a Gold Eagle before??? I carry one at all times. It is addictive. The satisfaction of holding a small piece of wealth outside of The Matrix. I got some Maples this week, and was nearly blinded by the brilliance of those coins. Gold Fever. If everyone just had one coin to hold, they would suddenly realize how worthless those greenbacks are in the big picture. Gold maples are so indescribably beautiful, their soft gleaming yellow light almost liquid and smooth, their weight surprising and substantial. The weight goes beyond mere ounces... it almost feels like a vessel filled with the dreams, hopes, greed, treachery and desire of men through all the ages, dating back to before there were written records. I am an owner of maples. I carry a Kruge with me as a cheap substitute, more resistant to nicks and scratches than the soft, almost liquid 4-nines pure maples. Link to comment Share on other sites More sharing options...
wndysrf Posted July 3, 2003 Author Report Share Posted July 3, 2003 Guess which Mutual Fund was the top performing fund in the 2nd Quarter? The fund that until March, was THE WORST PERFORMING MUTUAL FUND OF ALL TIME!!!! http://cbs.marketwatch.com/news/story.asp?...&dist=bigcharts Link to comment Share on other sites More sharing options...
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