Tonto Posted November 7, 2003 Report Share Posted November 7, 2003 Their busy watching NOVL and ECGI.. Link to comment Share on other sites More sharing options...
DrStool Posted November 7, 2003 Report Share Posted November 7, 2003 The view is always best from the top. Link to comment Share on other sites More sharing options...
soup Posted November 7, 2003 Report Share Posted November 7, 2003 Any mention on crapvision about the double count on the striking workers in California? Link to comment Share on other sites More sharing options...
Bearbones Posted November 7, 2003 Report Share Posted November 7, 2003 What I can't handle is the fact that the eminent Asshole, Larry Kurdlow was right and I was wrong. Kudlow is the proverbial broken clock that is right twice a day. As for being wrong, join the company of Templeton, Buffet, Soros and a few others. They are not usually wrong for long. Link to comment Share on other sites More sharing options...
Guest bullseatshitndie Posted November 7, 2003 Report Share Posted November 7, 2003 i will be using the next two weeks to get 100% short for the december/january massacre. it's all lining up. almost all bears have jumped ship. everyone feels "comfortable" being long. Link to comment Share on other sites More sharing options...
soup Posted November 7, 2003 Report Share Posted November 7, 2003 MGS: THe mkt can do whatever, 2600, 4000 pick a number. But to think the economy can grow after the biggest bout of mal investment in the history of man is downright foolish. The liquidations must take place; sure as day follows night. THere is no new economic order, just more of the same cylcles of boom and bust, which btw, are further out of whack due to a bunch of cnetral planning statist morons. Link to comment Share on other sites More sharing options...
soup Posted November 7, 2003 Report Share Posted November 7, 2003 any chance we see a limit down move in the spoos today? Link to comment Share on other sites More sharing options...
wndysrf Posted November 7, 2003 Report Share Posted November 7, 2003 Howcum the Naz futures are only up a few bucks and the Supermodels have significant opening gaps up? Is it time for a Gap and Crap off these hyperextensions?? Can AMAT really make it 10 days in a row??? Link to comment Share on other sites More sharing options...
MyGoldenStool Posted November 7, 2003 Report Share Posted November 7, 2003 MGS: THe mkt can do whatever, 2600, 4000 pick a number. But to think the economy can grow after the biggest bout of mal investment in the history of man is downright foolish. The liquidations must take place; sure as day follows night. THere is no new economic order, just more of the same cylcles of boom and bust, which btw, are further out of whack due to a bunch of cnetral planning statist morons. I'm skeptical of the calls, but he's been right. Fade him at your own risk. PS- IVAN was his pick when it was below $1. Link to comment Share on other sites More sharing options...
Tonto Posted November 7, 2003 Report Share Posted November 7, 2003 SG has been forecasting nas 2600 in 2004- looks like we get there sooner. All that production capacity will be fully utilized and companies will have to invest in new equipment to fulfill the flood of new spending. Of course, the ATM machine currently known as "your house" will lose it's effectiveness as rates go thru the roof, but the millions of jobs created will offset that minor caveat. IMO- Im watching the industries like a hawk and know TONS of people in the 55 area that would retire "out of the blue" if naz goes to 2600.......thats what I believe and where my money is at as listed below..... Im a bear at heart but anyone dissin me for going long and making a killing off this piece of crap needs to get an evaluation.....my positions are listed below...Ill put shares and buy prices later..... Link to comment Share on other sites More sharing options...
DrStool Posted November 7, 2003 Report Share Posted November 7, 2003 What a circus. The froth, the emotionalism, the theatrics. The straight line extrapolations of the recent past indefinitely into the future. Bring on the elephants. Link to comment Share on other sites More sharing options...
soup Posted November 7, 2003 Report Share Posted November 7, 2003 mgs: I am not saying the mkt can not hit those numbers, ti can whater the F it wants; all I am sayin is trying to rationalize thru a stronger economy is downright ludicrous. In the real world the economy stinks, and until the liquidations from the biggest bout of malinvestment take place we are, despite what the shills from washington or wall street say, stuck in the mud. Link to comment Share on other sites More sharing options...
lucy Posted November 7, 2003 Report Share Posted November 7, 2003 Re SG: If I remember right he said buy all Ivan you could @ .88,I did but couldn't hold on. I've been in and out so many times I'm getting dizzy. But he's thinking it goes to $9 if things get crazy. Otherwize seven and change. Link to comment Share on other sites More sharing options...
soup Posted November 7, 2003 Report Share Posted November 7, 2003 When was the last limit down move in spoos? If I recall I do not think we had one during the entire bear mkt. If ever there was a time, today fits the bill. No of course I have no clue what this pos mkt can or will do, just saying conditons are ripe. Link to comment Share on other sites More sharing options...
Bearbones Posted November 7, 2003 Report Share Posted November 7, 2003 Manufacturing employment dropped, as did some services like mortgage banking (surprise!). The big gains were business and technical as well as health and social services. The report is well worth reading. http://www.bls.gov/news.release/pdf/empsit.pdf Link to comment Share on other sites More sharing options...
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