Bearman Posted October 15, 2003 Report Share Posted October 15, 2003 Flect must be :shocked INTC Link to comment Share on other sites More sharing options...
ThorAss Posted October 15, 2003 Report Share Posted October 15, 2003 SMegH up 3.5% pre-market. As I reported yesterday on IDS the SMegH was calling up all day. Unfortunately I left a lot of money on the table when I tried to finesse my entry with a limit order. Was too good a set-up for that. I had 3 chances and missed every one. I chased, a bit, and was denied. Still, would not have held long overnight anyway. Today's a new day with new ops and new set-ups. Hate starting with a gap opening, though. Hardest days to trade. MUSE: Just musing at all that I see. Maybe, what is coming is the move that puts everybody on the same side of the ship. What would be necessary is a sizeable decline in gold, silver and PMS, fall in bonds, retracement of the US$ and continued rallying in the SM. Then, slowly bit by bit the participants begin to realise that it's over and a new and dark time will commence. Link to comment Share on other sites More sharing options...
Bearman Posted October 15, 2003 Report Share Posted October 15, 2003 After lurking here since inception I have finally decided to join the fray. Listening to crapvision this morning brought back memories of an episode I taped for the archives back in February of 2000. NOTHING HAS BEEN LEARNED. The most extrodinary transfer of wealth in the history of the planet is running unabated with the full support of the fed, the administration and the media. The family of stoolies assembled here, has helped me maintain my sanity through what has been a shortsellers nightmare this past year. For this I am eternally grateful. I fully believe a big part of the reason we have entered bubble 2 is because of the pension liability 10 sigma event that was staring corporate America in the face last year. The pension issue had to be repaired. It seems this manipulated runup in the markets is having the desired effect. However,with non pro forma valuations at hysterical extreames I am convinced "they" will fail. The question is, Its not knowing what will happen but WHEN? Hang in there stoolies, your seeing the world for what it really is helping many like myself. WECOME! Pensions dark times ahead IMO Link to comment Share on other sites More sharing options...
BumRush Posted October 15, 2003 Report Share Posted October 15, 2003 Lock limit post- "big part of the reason we have entered bubble 2 is because of the pension liability 10 sigma event that was staring corporate America in the face last year. The pension issue had to be repaired. It seems this manipulated runup in the markets is having the desired effect. " Thank you Lock Limit- in the context of your comment, the limited choices afforded in most pension plans make strategic "sense" in that all are doomed to fail in a kind of roulette scheme. investors will blame themselves, not the systemization of markets presented to them when they make the wrong "choices." Billions in corporate retirement liability can vanish "safely" as did in 2000-2001 and most investors will not realize that theywere handed a preloaded gun will all the chambers loaded. Link to comment Share on other sites More sharing options...
Guest Posted October 15, 2003 Report Share Posted October 15, 2003 Question: Why would silver get smacked on the basis of a recovering economy? That doesn't sit right. Presumably, silver demand is linked to economic expansion. If this recovery is for real, why would silver tank right now? How many guesses do you need? Link to comment Share on other sites More sharing options...
Sphinxter Posted October 15, 2003 Report Share Posted October 15, 2003 Question: Why would silver get smacked on the basis of a recovering economy? That doesn't sit right. Presumably, silver demand is linked to economic expansion. If this recovery is for real, why would silver tank right now? How many guesses do you need? Rhetorical questions don't need many guesses. Link to comment Share on other sites More sharing options...
Bearman Posted October 15, 2003 Report Share Posted October 15, 2003 Silver won't breakout till lack of faith in GOverment joe 6 has his capitol one card and his bonus points when that fails LOA Link to comment Share on other sites More sharing options...
The brown one Posted October 15, 2003 Report Share Posted October 15, 2003 Lock Limit Down: Welcome and your'e right:It's the pensions stoopid! No second term without 'em.Too big to fail and too expensive to fix except if the market can be propped and jammed for the the next 20 years! Link to comment Share on other sites More sharing options...
Lock Limit Down Posted October 15, 2003 Report Share Posted October 15, 2003 Mr long bond being brutalized. This could get interesting. Link to comment Share on other sites More sharing options...
BartTheBear Posted October 15, 2003 Report Share Posted October 15, 2003 Looks like we either gap and crap right here, or the market is going to go parabolic like Jan. - Mar. 2000. My WAG is parabolic. This thing goes ape-shit until thru EOY at least. Link to comment Share on other sites More sharing options...
The Mad Hungarian Posted October 15, 2003 Report Share Posted October 15, 2003 Welcome.... I believe you're right about the Pension Repair Plan....However, when the Pensions are made whole, what difference will it make when a cup of coffee costs $30.00 a cup..... To further highlight this point, the Wall Street Journal today has a story that the Pension Benefit Guaranty Corp. is running a $8.8 billion deficit, up from $3.6 billion last year. Quoting from the GAO, "Weakness in the airline and auto industries may threaten the viability of the PBGC, as these two industries are undefunded by $86 billion." Link to comment Share on other sites More sharing options...
seenk2 Posted October 15, 2003 Report Share Posted October 15, 2003 Let's face it, reflation has it warts, and it will cause problems eventually down the road, but not until 2005-06 or so is my guess. In other words, sometime after the election? I guess the goal is to prop up the market, which is the econmy, and trot out Bin Laden and Hussein from the deep freeze! Link to comment Share on other sites More sharing options...
crooked_analyst Posted October 15, 2003 Report Share Posted October 15, 2003 Mr long bond being brutalized. This could get interesting. The DOW isn't flying cause they're trying to keep the Bond Mkt held together Link to comment Share on other sites More sharing options...
Guest Posted October 15, 2003 Report Share Posted October 15, 2003 Send out the clowns CNNFN at the moment has Ronald McD on talking stocks. Link to comment Share on other sites More sharing options...
Bearman Posted October 15, 2003 Report Share Posted October 15, 2003 any word on OYSTER?????????????????? Link to comment Share on other sites More sharing options...
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