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Let The Sunshine In . . .


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. . . You know what happens to vampires when you do that!

 

To call these people that the linked article talks about rats insults the rat species - I look at them as bloodsucking vampires instead.

 

Ratties, as you might know by now, make very intelligent and affectionate pets. More and more people are realizing this despite the still lingering prejudice against them in some quarters because of that unpleasantness associated with them a few centuries ago.

 

For those people who, for various reasons, cannot have dogs or cats as creature companions they actually make excellent substitutes. And it just so happens that because of certain . . . um . . . errors in judgment made by some of Nancy's fellow students in the LaGuardia College Vet Tech program regarding their housing arrangements, some blessed events occurred there about a week ago.

 

These are disease-free, pure-bred beautiful (Harlan Labs) research white (with red eyes) ratties that will be looking for new homes soon. Those of you in the NYC area who would be interested in exploring the possibility of free adoption, perhaps some time in early May, of some of these delightful creatures please don't hesitate to contact me for additional information.

 

Now, back to the vampires.

 

Jim Puplava was absolutely right when he called what they are doing The Road to Perdition in his March 26 commentary. For them it's about greed and power and to hell with the rest of us. Having first read this commentary, then the Nelson Hultberg one, above, that Greg (thank you, Greg) linked us to yesterday makes me angry.

 

Very, very angry.

 

In fact, outraged by the total immorality of it all.

 

Outraged enough to be motivated into doing something about it.

 

Enough for me to suggest that we can do our part in doing battle against this Dark Side of The Force by harnessing the power of the 'Net.

 

By emailing one or both of these articles to as many people we feel would take the time to read them with the additional suggestion they do the very same thing with their own contacts. Now I would suggest that at least with the Puplava article you copy and paste the whole thing (and store it somewhere for future use) rather than the link because the link references the day of the week (Wednesday in this case) rather than the date - hence the link probably only has a one week lifespan (unless he archives it, which he hasn't yet done as of this writing).

 

[4/3/03 note - this commentary was finally archived so that The Road to Perdition link can be used directly]

 

Left unchecked these bloodsuckers can and will destroy the economy and the currency for their own personal short term gain. Just reread the last paragraph of the Hultberg article to get reinforced on this (and remember to substitute vampires for rats).

 

But if we put our hearts and minds to it we can let the sunshine in before it is too late. If enough people get involved in this, their unholy and repulsive nocturnal activities will be exposed to the light of day which in turn should have the same effect that occurred when Jack Crow's team arrived to drag one or more of John Carpenter's Vampires kicking and screaming out into the sunlight.

 

co1.jpg

movieweb.com

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Uh, good morning, I think.

 

What was that other thread that had an outstanding comment from Oy?

 

Not much today but this one is important for maybe 30 minutes:

 

 

10:00 am EST: ISM Index for March, prior 50.5, consensus 49.0

 

None of these figures seem to matter much within the context fo the war.

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Lets see: Oyster is looking for a rally to new highs by 4/12. SG is looking for new highs and Doc sees the best it could do is a 13 day swup. BB has a turn date of 4/3

 

Doc, 13 days at the rate it moves could be 2500-3000 dow points.

Is everybody in agreement here.

 

I read the Anals and believe you are correct in your read. We shall see.

 

Coiled like a slinky. :lol:

 

It might be coiled like an air brake chamber. If anybody has had any experience with one they will know a person must never open it by themselves without proper training. They are quite explosive and will severely injure or kill if not handled properly. Kind of like this market right now.

 

I am straddled for a big move up or down. It feels like sitting on an electrified barbwire fence would feel. I've never done that either. :lol:

:grin: :grin: :grin: IG

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Off the stunningly accurate SG waves thread this morning (1339 was called spot on by SG last week on Wednesday).

 

SG called the A B C on March 19 with NAS at 1397. Called the 1423 gap, called the B wave down, and now Im calling a C wave up...

 

Trading wise, ignore me... I've frigged it up lately... but count wise, been on... (just wasnt patient)

 

From this am's post I just tossed up... refute this if you wish, Im all ears...

 

Look at this 2 year of the QQQ (not annotated)

 

Dec 2001, Q's topping at about 42 ish...

 

Clear 5 waves down into October 9th... a near 10 month wave pattern.

 

4th major wave I contend started there at 20.06 on Oct 9 low.

 

A wave to 28.55 on Dec 2

B wave in 5 waves triangle formation (characteristic of 4th waves per Elliott himself, and also 5 waves within a b wave is characteristic of triangles, the 5th wave being higher than the 3rd wave in the triangle is a tip off)

 

C wave blasted out on March 12 lows of 23.52, ran up to 27.38... a near 78% retrace of the A wave high of 28.55 on Dec 2....

 

Since the C wave is usually equal to or actually usually higher than the A wave, it would stand to reason that we are likely to push close to or above the Dec 2 highs if my 4th wave count is correct....

 

SO, work with me here...

 

A few ideas...

 

A wave was $8.50 in movement from Oct low to Dec 2 high

B wave was an exact .618% retrace of that A wave up.

 

C wave at .618 of A, is 8.50 *.618... 5.25

 

5.25 plus 23.52 recent B wave low... is 28.77

 

28.77 is above or near the Dec 2 highs

 

Its evidence that is hard to refute...

 

Now it gets better... or possibly more bullish if...

 

42 to 20 was the 3rd wave in its entirety to Oct lows.

 

.236 of 22 is $5.19.... we already past that possibility awhile ago.... (20.06 plus 5.19)

 

.382 (often the 4th wave amount of fibo retrace) is $8.40

 

20.06 plus $8.40 is.... 28.42

 

We already hit 28.42 in December....

 

so, 28.77 would no only count as C up to or just past the prior A, it would count as a .618 move of the recent A wave, it would count as slightly above the prior Dec 2 A wave, and it would also be a .382 total retrace of the 10 month 3rd wave.

 

... evidence that is still hard to refute... but many refuse to consider the possibility.  If its a 50% retrace, then we are heading to $31 on the Q's.... I dont see that, but its possible yes...

 

After that, I will take all gloves off and likely be short... but I'll worry

about that later.
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DOC

 

Im no cmap expert at all

 

But the SG view says alot of those charts have the 5-6 month cycles bottoming and or turning up, whilst the 10-12 months is heading down, possibly getting closer to a bottom or moving that way. Also, many of the 10-13 weeks are pointing down, but also, getting close to bottoms???

 

About as clear as mud...

 

Stoolies have to keep in mind that if we were heading into a turd of a turd of a turd... we would have headed down much sharper and faster IMO than we have... or have not in this case.

 

The Q's are at 25.31... the Dec end of year was 24.50 ish.... this is not how major 3rd waves work...

 

Instead, consider my 4th wave diatribe of the past few weeks. Not currently broadly accepted at all in EW circles... but its what SG is bringing to the table with strong evidence....

 

It could mean that the 4th wave should be wrapping up shortly here... on a C wave top. Interest rate cut, good war news, capturing Chemical Ali, who the hell knows.... its all noise....

 

C wave heading up, the question remains how high... ??

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Coiled Like a Slinky 3/31/03

 

The economy is coiled like a spring. That, fellow stoolies, is Wall Street's latest catch phrase. The war, say the analcysts and portfolio sphincters, is causing consumers and business to delay purchases. As a result, once the war ends, they say, the economy will go BOING, powered by enormous pent-up demand. Of course, the stock market will soon have to begin discounting the miracle recovery just around the next bend. You'd better buy now, before it's too late!

 

Doc has a few choice words, and explains why the Nasty 100 is likely to be the worst performing major index in the months ahead. Doc looks at the data, chronicles the short, intermediate and long term market cycles, and tells us how far down and how long it will take, with hot pictures of naked stock charts, the Long Bong Hit, Uncle Buck and the Golden Stool. Drop by your stock proctologist's office, and get the inside picture, all in the Anals tonight.

 

Stoolies, log one in. If you're not a stoolie already, become one Now! And don't forget to join Doc during the market day in Stooltrading Beta as he plots the market's twists and turns for you, in advance yet!

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Bid - Great April Fool's Joke

 

Speaking of April Fool's (maybe this was commented on last night, I haven't had a chance to catch up on my reading) did anyone notice how the QQQ closed at 25.25 yet, the posted closing was 26.08? What was that @#$%! all about? Also, on the very last trade just before closing the books on the S&P, it leapt up 3.40, in one trade!

 

Was this the mutual funds and institutionals April Fool's joke on us to make the books look good for their first quarter bonus?

 

Also, not April Fool's, but good news for Agent Smith, AMZN (and YHOO) got downgraded this morning.

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Guest bidhitter

SG..

 

I enjoy reading your thoughts as much as anyones, however...I have some issues with your current expectations. I'm not claiming you won't be correct..nothing suprises anymore. I think you may be overlooking some things. Perhaps you can clarify...

 

On each of your first two down legs the move was impulsive for the first half and non impulsive for the second half. It doesn;t fit into a larger impulse down. Also, the final move down into March 12 can in no way be counted as an impulse. In fact, not an impulsive type move in there to be found. Any time you have a 5 wave move down, each down leg has to be impulsive unless it is terminal. Even a leading diagonal will have 5 wave sublegs and this counts best as only 3 in each if you do it that way.

 

thoughts?

 

.

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