slinger Posted January 16, 2003 Report Share Posted January 16, 2003 Still in a channel unfortunately... Link to comment Share on other sites More sharing options...
PileDriver Posted January 16, 2003 Report Share Posted January 16, 2003 TE, I'm noticing the same thing myself. Scarey, very scarey. I'm going to view it as a very big plus for us bears. :grin: Link to comment Share on other sites More sharing options...
The End Posted January 16, 2003 Report Share Posted January 16, 2003 Happy Birthday Bobby. My g-d treat you kindly up in heaven. Sorry guys, Way O.T. Link to comment Share on other sites More sharing options...
Old Habits Posted January 16, 2003 Report Share Posted January 16, 2003 Hmmm. Are TE and FM the only one's who are somewhat cautious here? QLGC hammered AH, that's good. That being said, there is a little too much confidence on this board. As Jorma eluded, it can't be that easy can it? Nobody noticed the TRIN on the Naz today? Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted January 16, 2003 Report Share Posted January 16, 2003 From Yahoo: Rydex Venture 100 (RYVNX) - Holdings As of 15-Jan-03 Enter symbol: symbol lookup More Info: Quote | Chart | News | Profile | Performance | Holdings | Comparison Portfolio Composition (%)* Stocks N/A Bonds N/A Preferred N/A Convertibles N/A Cash 100.00 ..............................Huh? Anyways, just my luck AMD is going to launch a new product line in a down market. Some say it's reflected in the price already, others say they are waiting to see if they can pull it off on time (launch with product voume). Only hope is those who absolutely need new server machines now and not next year (like Doc with his increasing hits) will raise share price to least 10 bucks before the flight south in February. Intel has no answer to AMD's plan for the next 6 month but like I said, a bright spot that will be taken out back and shot with the rest of the tech stocks soon. Link to comment Share on other sites More sharing options...
PileDriver Posted January 16, 2003 Report Share Posted January 16, 2003 he who waits for perfection will keep on waiting :grin: Link to comment Share on other sites More sharing options...
The End Posted January 16, 2003 Report Share Posted January 16, 2003 OH, Yes it can, in very rare occassions. Can this be one? Yepper. I only travel in my own mind and in bear sites (90% cap S). My views are my own but, i only subscribe to "realistic" people. I have no idea what the "other" idiot is thinking. Perhaps i should. Maybe i'll go lurk on some bull sites to see. Nah too much fun here. Seriously, what are the bull sites Squakin' about? Link to comment Share on other sites More sharing options...
Guest Posted January 16, 2003 Report Share Posted January 16, 2003 Agreed OH, in that I doubt seriously it's going to be straight down until Spring. Tomorrow could even end up green but, there are so many signals that the time is nigh. I've seen so many charts in Stoolville for the last couple of days, some going back three years saying the time is now. I'm in my short position for the next ride down. I'm getting some money in position that I had not necessarily planned to use actively on the great possibility that this might rise again in the next day or two and I can drop that money in. Everything I look at points to the conclusion that were are on the precipice of a major thrust down over the next couple of months. I have also picked my stops in case we are not. (I started to pick my nose but, Madame Dung slapped me.) Link to comment Share on other sites More sharing options...
PileDriver Posted January 16, 2003 Report Share Posted January 16, 2003 OH, another thought. Keep the analysis simple. If someone put a gun to your head and said you must buy either a bear fund or a bull fund right now which one would you choose? Worst case upside is SPX 950, downside is SPX 600. Link to comment Share on other sites More sharing options...
GTNWORSE Posted January 16, 2003 Report Share Posted January 16, 2003 Hey Guys, Did not have a chance to watch this thing the last couple of days. Too busy geeting loans for people with shitty credit to buy overpriced condos. On and on it goes. Bearing in mind that I don't know shit I see that the VIX is at 27.86 and the P/C ratio .78. I also see that MSFT and IBM report tomorrow evening. While I and f#**in itching to get short with RYVNX I just have this feeling that this is just modest profit taking, for the moment. I still think we fully retest, and perhaps even modestly exceed, the Dec 2 high before we go down. And I still believe that the next leg down will be the last one before we begin a cyclical bull phase! Link to comment Share on other sites More sharing options...
brian4 Posted January 16, 2003 Report Share Posted January 16, 2003 Fart-As you said you are a headhunter for the in dustry-your bias is showing lad-I would suggest on this next leg down they will sell anything not nailed down! The only answer for Tech is consolidation thru merger or bankruptcy-there is simply too much excess capacity for the small demand that is out there. Rather like the 100+ companies making auto's after Henry rolled the 1st flivver off theline-today there are 3 soon to be 2 after F disappears. Trade Safe! Link to comment Share on other sites More sharing options...
Guest mr. casual Posted January 16, 2003 Report Share Posted January 16, 2003 Bull site summary: The bottom is in, train's leaving the station, no way market declines for a fourth year in a row, tech is cheap at current prices, short sellers are unamerican and are responsible for the market decline, need I go one... :grin: :grin: . Link to comment Share on other sites More sharing options...
The End Posted January 16, 2003 Report Share Posted January 16, 2003 Pile, Unless we is in a brand spankin' new, with leather interior, chrome wheeled 427 cobra bull market. Tramps like us, baby we where born to run. B.S. born to run album Link to comment Share on other sites More sharing options...
realist Posted January 16, 2003 Report Share Posted January 16, 2003 Watching Money Flows on Venture (RYVNX) and Velocity (RYVYX) to confirm the trend change via DecisionPoint. The VIX is also a tell tale sign if the top has come and gone. Above 30 is BULLISH for RYVNX & RYTPX IMO: Link to comment Share on other sites More sharing options...
brian4 Posted January 16, 2003 Report Share Posted January 16, 2003 Fart-As you said you are a headhunter for the in dustry-your bias is showing lad-I would suggest on this next leg down they will sell anything not nailed down! The only answer for Tech is consolidation thru merger or bankruptcy-there is simply too much excess capacity for the small demand that is out there. Rather like the 100+ companies making auto's after Henry rolled the 1st flivver off theline-today there are 3 soon to be 2 after F disappears. Trade Safe! Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.