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Its The Stock Market, Stupid


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OOPS, Looks like YHOO just hit a bump.

 

All day on Crapvision we heard that Chambers @ CSCO said " we expect IT spending to increase in 2-4 months."

 

Yahoo finance put out a link that Chambers was misquoted, he actually said "IT spending would resume 2-4 months AFTER companies believed their business was getting better." He has NOT changed his outlook.

 

Crapvision never recanted, what a bunch of crooks.

It's just like anything else Habits. Why do you think 80%+ brokers are quoted as bullish. Is it becuase they are dumb? No. It's becuase they think their job is on the line if clients sell and they either lose assets or don't do as much business. For cnbs to maintain their viewership they must do what they have always done. We know what that is.

 

I will never sell out NEVER!

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Wow, tomorrow won't be a pretty day, glad i took some good profit today...

 

Mark I don't see SINA up, in fact it's down 3% on my screen, anyone can confirm?

 

REDF, IGLD, CHINA, ASIA, all nosediving. Buy the rumor sell the news...

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Machine:

 

That figures. They are pumping up YHOO in the AH already.

 

Today's doji would mark a top, or the midpoint of the current move.

 

If we go up tomorrow, then we have the 2,000 target in sight as the next resistance.

 

I have a feeling that there are way too many puts out there, and all will have to be wiped out during Scam Week.

 

That would provide the adequate fuel for a push up there, and meet Carver's target near mid-month for a final top.

 

If we get near 2000, I would guess that by that time we'll have a put/call ratio of .000001 and it will be finally time to short the market.

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Remember back in October '02, YHOO's earnings announcement started the bull run and it never looked back since. Perhaps it's fate that YHOO this time would lead the market south? Maybe it's the beginning of THE END? :D

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For you mjkst 27. :grin:

 

 

PEACE FROG Lyrics

The Doors

Morrison Hotel

 

There's blood in the streets,

It's up to my ankles.

There's blood in the streets,

It's up to my knees.

 

There's blood in the street,

The town of Chicago.

Blood on the rise,

It's followin' me.

 

 

Just about the break of day.

She came in town,

And then she drove away,

Sunlight in her hair.

 

 

Blood on the streets

Runs a river of sadness.

Blood in the streets,

It's up to my thighs.

 

 

The river runs down

The leg of the city.

The women are crying

Red rivers of weeping.

 

 

She came in town,

And then she drove away,

Sunlight in her hair.

 

 

*spoken* Indians scattered on dawn's highway bleeding,

ghosts crowd the young child's fragile,

egg-shell mind.

 

 

Blood in the streets,

In the town of New Haven.

Blood stains the roofs

And the palm tress of Venice.

 

 

Blood in my love,

In the terrible summer;

Bloody red sun of

fantastic L.A.

 

 

Blood screams her brain

As they chop off her fingers.

Blood will be born

In the birth of a nation.

 

 

Blood is the rose of

Mysterious union.

 

 

There's blood in the streets,

It's up to my ankles.

There's blood in the streets,

It's up to my knees.

 

 

There's blood in the street,

The town of Chicago.

Blood on the rise,

It's followin' me.

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