alceringa Posted September 13, 2003 Report Share Posted September 13, 2003 New $200 bill hits the cash registers.http://www.nbc17.com/news/2468409/detail.html City Slicker Counterfeiter: "Son, can you make change for an $18 bill?" Country Bumpkin Clerk: "Sure. You want two 9's or three 6's?' Link to comment Share on other sites More sharing options...
machinehead Posted September 13, 2003 Report Share Posted September 13, 2003 DeMartini is a former chairman of Nasdaq Stock Market ... vice chairman of the National Association of Securities Dealers, and joined Bank of America after 26 years at Morgan Stanley ... is also one of Bank of America's highest-paid employees, making more than $7 million in salary, bonus, restricted stock and other compensation in 2002. Obviously, he's the 'made man' of the Matrix at B of A. You don't mess with those guys, who represent what my Japanese friend calls the "black world" of high finance. Link to comment Share on other sites More sharing options...
Guest Posted September 13, 2003 Report Share Posted September 13, 2003 New $200 bill hits the cash registers.http://www.nbc17.com/news/2468409/detail.html City Slicker Counterfeiter: "Son, can you make change for an $18 bill?" Country Bumpkin Clerk: "Sure. You want two 9's or three 6's?' At least he didn't offer 6 three dollar bills! (Not that there is anything wrong with that). Link to comment Share on other sites More sharing options...
summoner Posted September 13, 2003 Report Share Posted September 13, 2003 Excellent Adam Hamilton essay this week @ ZEAL! Link to comment Share on other sites More sharing options...
longOnUranus Posted September 13, 2003 Report Share Posted September 13, 2003 Had to close a few SEP XAU calls I held since 89's, missed the top but made $. Kept my longer term calls. Out of SPX; a week that started out bad turned good. Tommy OBrien thinks this is a short, low volume upmove, followed by the real down move. Now that Doc's back, I'll need to check Stooltrading for the Answer to This Question. In that I have to take some cash out my trading account to fund one of my other projects (I don't borrow any more, even at 0%, btw), it really is roullette spin which day next week I do this. My gut feeling is that the next move in XAU, on a percentage basis, will exceed that of any SPX down move, and I'm not in the mood to short any individual stocks at the moment. If there is follow-through down on XAU monday, I'll add to positions and let the SPX do what it will. Otherwise, I think I'll stay put with what I've got. Remember, next week is OPEX and FOMC. Link to comment Share on other sites More sharing options...
MyGoldenStool Posted September 13, 2003 Report Share Posted September 13, 2003 Just watched bull vs bear on Crapload and Creamer... Metzler said his biggest losing positions are shorts on the semi's and semicrap equipment makers. Is it any wonder that these crapstocks continue to rise? Link to comment Share on other sites More sharing options...
chiefywiefy Posted September 13, 2003 Report Share Posted September 13, 2003 When I read this article, the first thing that I thought was that these guys were going to get the POG down to $368. A message within a message. I guess it's my own gold conspiracy theory. JP Morgan's annual average price forecast for 2003 was raised 6.5 per cent to $362 a troy ounce, while its estimate for 2004 was increased to $376 an ounce from $335 and in 2005 to $368 from $345.Click Here Link to comment Share on other sites More sharing options...
BAREister Posted September 13, 2003 Report Share Posted September 13, 2003 If anyone can "mess" w 'em, it's probably Spitzer and the awesome power of his office. It will be interesting to see how far this carries. And the men who hold high places, Must be the ones to start To forge a new reality, Closer to the heart. Closer to the heart. Closer.....TO the heart! Link to comment Share on other sites More sharing options...
BAREister Posted September 13, 2003 Report Share Posted September 13, 2003 someone have the link to Roach's latest, please? Tia. Link to comment Share on other sites More sharing options...
MyGoldenStool Posted September 13, 2003 Report Share Posted September 13, 2003 someone have the link to Roach's latest, please? Tia. http://www.morganstanley.com/GEFdata/diges...ri.html#anchor0 Link to comment Share on other sites More sharing options...
brian4 Posted September 13, 2003 Report Share Posted September 13, 2003 Bare- Barbu's post on page 2 has the Roach link-bookmark it this time so you'll always have it-Trade Safe! Link to comment Share on other sites More sharing options...
BudFox Posted September 13, 2003 Report Share Posted September 13, 2003 "I'm still holding a sizable chunk of shares on margin, and I'll only sell what I have to if I get called. I also think the biggest move is dead ahead. Ordinary thinks that the monthly candle on the XAU is going to be a giant, white, high volume affair which will prove the long term breakout. September is the best seasonal month for gold. No guts, no glory......" I'm with you, loaded up on margin with BGO, CDE, GSS, HL, & (KRY :cry: ) New 13 day cycle begins Tuesday, most likely. Link to comment Share on other sites More sharing options...
crooked_analyst Posted September 13, 2003 Report Share Posted September 13, 2003 [/quote=]I'm still holding a sizable chunk of shares on margin, and I'll only sell what I have to if I get called. I also think the biggest move is dead ahead. Ordinary thinks that the monthly candle on the XAU is going to be a giant, white, high volume affair which will prove the long term breakout. September is the best seasonal month for gold. No guts, no glory...... I'm with you, loaded up on margin with BGO, CDE, GSS, HL, & (KRY :cry: ) New 13 day cycle begins Tuesday, most likely. Call me a whimp....I don't have the stomach to margin ANYTHING..... Link to comment Share on other sites More sharing options...
wndysrf Posted September 13, 2003 Author Report Share Posted September 13, 2003 Noland's commentary tonight contained the same, tired old expressions: "It was one more unsettled week for global financial markets" "This is an extraordinary, fascinating, historic period for Credit Bubble analysis." "Federal debt issuance was extraordinary during the quarter" "The financial sector continues to expand aggressively." "The world is being inundated with dollar liquidity." "Continued explosion in derivative growth is a peculiarity of contemporary finance and its out of control Credit Bubble' "The Productivity miracle has gone ?parabolic.? "What is admittedly not clear is the duration of this fateful blow-off phase." "We have been watching repeated blow-offs" ........................ Its happens around this time, when people have just stopped listening to the Naysayers. Who reads Comstock's commentary anymore? Nobody. Who reads Fleck's repeated tech stock warnings? Nobody. Who reads Elliott Wave International's gloom and doom reports? Nobody. Who looks for Doc's downside targets in his commentary? Nobody. How many left here in Mark to Market? I only see about 5 guys on line now. When will the Bubble pop? Very soon. What happens next? An even Bigger Bubble, the Biggest of All Time. And what would that be? Gold. Link to comment Share on other sites More sharing options...
rayok Posted September 13, 2003 Report Share Posted September 13, 2003 Iraq imports oil Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.