machinehead Posted July 14, 2004 Report Share Posted July 14, 2004 SOX is NOT filling the downside gap. Serious technical damage done. Boyz have their finger in the dike, but MF hour could bring fireworks. Cautiously pessimistic ... Link to comment Share on other sites More sharing options...
Guest Posted July 14, 2004 Report Share Posted July 14, 2004 The avoidance of taxes is the only intellectual pursuit that still carries any reward. --John Maynard Keynes Link to comment Share on other sites More sharing options...
orvack Posted July 14, 2004 Report Share Posted July 14, 2004 Wait 'em out. Time is on our side. Al is trapped. But it may take weeks/months of slow-motion action for the supertanker economy to rip its hull open on the iceberg and turn bow-up in the icy water. MH, you're like a herb tea for my soul... Link to comment Share on other sites More sharing options...
microdon Posted July 14, 2004 Report Share Posted July 14, 2004 As LLD says, they (the matrix) are on a mission; and I wouldn't be surprised if good news arrives tomorrow on PPI, as prices were taken about the time there was the break in wholesale energy costs. Also, expect rumors on "better-than-expected" IBM earnings (due out Thursday after close) to keep churn week alive and well. Link to comment Share on other sites More sharing options...
brian4 Posted July 14, 2004 Report Share Posted July 14, 2004 To get this sinking ship on a even technical keel they need a close over 1127-ain't going to happen-as MH pointed out terrible technical damage has been done. Link to comment Share on other sites More sharing options...
Hiding Bear Posted July 14, 2004 Author Report Share Posted July 14, 2004 Sold S&P @1117.25. Tanks B4. Silver sleathily creeping back to highs. Link to comment Share on other sites More sharing options...
brian4 Posted July 14, 2004 Report Share Posted July 14, 2004 Cancelled the order for 1115's bought 10 August 1120's @$23.- spt td- it looks done to me. Link to comment Share on other sites More sharing options...
machinehead Posted July 14, 2004 Report Share Posted July 14, 2004 All the funny money they're using to ramp shares is making the metals pop. It's a closed system. Squeeze it here, it bulges out there. Al is thrashing like a fly in a spider web. It's futile, Al. You're lunch, sucker. Link to comment Share on other sites More sharing options...
brian4 Posted July 14, 2004 Report Share Posted July 14, 2004 edit at $20.- not $23.- Link to comment Share on other sites More sharing options...
yellowfish Posted July 14, 2004 Report Share Posted July 14, 2004 SOX keeps falling down the stairs and it can't get up Link to comment Share on other sites More sharing options...
orvack Posted July 14, 2004 Report Share Posted July 14, 2004 Stickin' it to the next Canadian generation. "The Fraser Institute calculates that the net federal, provincial and municipal debt, including Crown corporations and pension liabilities, stands at $2.7-trillion. Your share is $180,421. Have a nice day." Until debt do us part http://www.theglobeandmail.com/servlet/Art...r=John+Ibbitson Link to comment Share on other sites More sharing options...
orvack Posted July 14, 2004 Report Share Posted July 14, 2004 The "coming generational storm" should get young people's attention when they realize the consequences of not voting. Politics will take care of them, that's for sure. BTW, in my province, 60% of the people do not pay taxes. What do you think they ask of governments ? Lower taxes or more services. "Politicians do respond to pressure from voters. Imagine, if you can, the first ministers changing the agenda at this September's meeting from health care to the challenges of higher education. It won't happen, as we all know." The health-care monster that ate everything else By?JEFFREY SIMPSON Wednesday, July 14, 2004 http://www.theglobeandmail.com/servlet/Art...Jeffrey+Simpson Link to comment Share on other sites More sharing options...
zensmoke Posted July 14, 2004 Report Share Posted July 14, 2004 QQV 21.23 VXN 21.43 VIX 13.34 VXO 14.54 Link to comment Share on other sites More sharing options...
HiHat Posted July 14, 2004 Report Share Posted July 14, 2004 i still see possible thrust up to 1132+-......in next few days.......but......... think after that downside will be as scary as 60 year old in mini dress and white go-go boots........................................................................ Link to comment Share on other sites More sharing options...
BeerMarket Posted July 14, 2004 Report Share Posted July 14, 2004 The "coming generational storm" should get young people's attention when they realize the consequences of not voting. Politics will take care of them, that's for sure.... interesting, the not-very-financially-oriented Village Voice has been running a series of articles under the banner of "Generation Debt", and health care costs are the topic of the current one: One Sick Fall With health insurance out of reach, a generation braces itself for the worst July 13th, 2004 11:30 AM If they're not outright poor as a class, young adults in this country are at least very, very broke. The average collegian graduates with more than $20,000 in debt, headed for a job market where real hourly wages have kept pace with neither inflation nor the cost of living. Young adults are broke in part because of their unprecedented schooling?in the latest census figures, 28 percent of those between 25 and 29 reported holding a bachelor's degree?which promised to pluck them away from the constellation of problems plaguing America's underclass, whether it was trouble with housing or inadequate medical care. Link to comment Share on other sites More sharing options...
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