GregFokker Posted May 2, 2003 Report Share Posted May 2, 2003 Hoo haa. The best things in life are free. Good thing for me :wink2: Perhaps one of our resident physicians can school the stoolizenry about pumonary edema. It seemed a very appropriate condition to highlight given today's, no this week's, no this month's market action. Take it away, Stoolies! Link to comment Share on other sites More sharing options...
purdymouth Posted May 2, 2003 Report Share Posted May 2, 2003 Link to comment Share on other sites More sharing options...
Jimi Posted May 2, 2003 Report Share Posted May 2, 2003 So it was Ren who pulled the plug on Globex. Link to comment Share on other sites More sharing options...
buttugly Posted May 2, 2003 Report Share Posted May 2, 2003 Adam Hamilton crapping on about Jesse Livermore - I guess he is flat out of ideas. I can relate. Doug Noland's nightmare continues unabated. Link to comment Share on other sites More sharing options...
DrStool Posted May 2, 2003 Report Share Posted May 2, 2003 Feed Crashes, Uncle Buck Holds On, Long Bong Hit Still a Draw In the Talking Stool (Anals Subscribers Only) Link to comment Share on other sites More sharing options...
BartTheBear Posted May 2, 2003 Report Share Posted May 2, 2003 Shock and awe. Gonna spend the weak end thinking about what next to do. If anything. Link to comment Share on other sites More sharing options...
scottcardiff Posted May 2, 2003 Report Share Posted May 2, 2003 Joe and Jane 3-Pak are going to have some serious discussions this weekend about getting back in the market. It is impossible for the sheep to stay away from a market that is rocketing up as this one is. It doesn't take a rocket scientist to see that daily and weekly charts are bullish. Bears are giving up here, which would be the thing to do IF this is a new bull market. I still think 970-980 is probable, after a few weeks of consolidation near 960. Gotta form that cup and handle to get everybody on board for the blast-off to new highs. Link to comment Share on other sites More sharing options...
Ned38 Posted May 2, 2003 Report Share Posted May 2, 2003 When times are tough lotto ticket sales go way up Link to comment Share on other sites More sharing options...
Stutz Posted May 2, 2003 Report Share Posted May 2, 2003 Sheesh. It's like The Night Of The Living Frazier out there. Think I'll watch Scare Tactics tonight. At least that ends. Link to comment Share on other sites More sharing options...
Guest Posted May 2, 2003 Report Share Posted May 2, 2003 So it was Ren who pulled the plug on Globex. Yep, the Globex stunt was the kick in the groin intended to send a loud and clear message to anyone thinking of messing with this rally. Whoever was behind it made it obvious for a reason. It worked yesterday and today. "Get on the long side or we're going to hurt you." Link to comment Share on other sites More sharing options...
Metamucil Posted May 2, 2003 Report Share Posted May 2, 2003 LOL...couldn't resist the title, Greg. Take morphine, oxygen, Lasix and call me in the morning... Cannonball run. Had to start donging aggressively to hedge this madness. The beach beckons.......... Link to comment Share on other sites More sharing options...
h2orush Posted May 2, 2003 Report Share Posted May 2, 2003 Todays action was already written for those who chose to listen. Any "line in the sand" has to be broken on the upside, and today 920 SPX fell. Where's Mark and Buddha to chide those who don't learn from history? BEST case is now consolidation MON-WED, followed by a move to 950 THURS and FRI. That would be the ideal fade for OPEX week, and may make you alot of money. VIX was down sharply, and although its turned a corner, needs to pop 2 or 3 points to start a real downmove in the indexes. I started leggin into shorts by buying may djx 86 puts for 1.50 at the close. Will continue to add if the above scenario plays out, however, if we go much higher than 850, its not a bear market rally anymore. Its real. The only thing the Bears have going for them at this point: THE CROWD IS ALWAYS WRONG. Link to comment Share on other sites More sharing options...
Guest Posted May 2, 2003 Report Share Posted May 2, 2003 Funny how they nailed those nice numbers -- 930 and 1502. Unbelievable. Link to comment Share on other sites More sharing options...
Pigeon Drop Posted May 2, 2003 Report Share Posted May 2, 2003 Is Oyster stopped out? Is the 570 target still on? What about SG? 5/1 was a top, but not the top, with 3-5 days of down to follow 5/1. What happened and what is he saying now? Link to comment Share on other sites More sharing options...
Guest Posted May 2, 2003 Report Share Posted May 2, 2003 Is Oyster stopped out? Is the 570 target still on? What about SG? 5/1 was a top, but not the top, with 3-5 days of down to follow 5/1. What happened and what is he saying now? He must have taken the day off. Last thing I remember him saying was "patience". No one try to talk me off the ledge. It's peaceful out here. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.