GregFokker Posted February 4, 2003 Report Share Posted February 4, 2003 The US Dollar Credit: http://quotes.ino.com NDX futures (delayed) Credit: http://www.livecharts.com SPX futures (delayed) Credit: http://www.livecharts.com Link to comment Share on other sites More sharing options...
Fartpolio Manager Posted February 4, 2003 Report Share Posted February 4, 2003 Anybody ready for a laugh? What kind of financial exotica can Merry Lynching spin up next? MARKET RECOVERY NOTES See Prospectus Here: Merrill Lynch Recovery Notes Due 2005 I guess they assume Merrill Lynch will still be in business at the time these manure-ities mature... Of course, if you knew you weren't going to be around, you could sell all of em you wanted to, pocket the cash, and book like a chinook.. Link to comment Share on other sites More sharing options...
MrHanky Posted February 4, 2003 Report Share Posted February 4, 2003 Anybody ready for a laugh? What kind of financial exotica can Merry Lynching spin up next? MARKET RECOVERY NOTES See Prospectus Here: Merrill Lynch Recovery Notes Due 2005 morgan stanley has been trying to dump crap like that on me for over a year.tied to the biotechs or the dia or the qqq or the s&p...they have dozens of different schemes out there to get you too invest. lots of new debt hitting the market too.gmac issuing another billion in debt this week,underwritten by merryl and morgan. so...gm gives you a car @ 0% interest and then PAYS 7.25% on a bond offering to pay it back.they are loosing their ass on every car they sell. Link to comment Share on other sites More sharing options...
summoner Posted February 4, 2003 Report Share Posted February 4, 2003 all that viagra and still just a chubby, was unable to add to spx puts today do to work constraints, hoping for an am bounce to add, which means it WILL NOT happen. Could not take out resistance today and lower high to boot..positions unchanged..wonder if Arch went 200% short this weekend ...the 2 day rally was pathetic and as B4 would say the canary in the coal mine is showing us the way...major coin for those of us with patience...TRADE SAFE Link to comment Share on other sites More sharing options...
Guest Posted February 4, 2003 Report Share Posted February 4, 2003 Another one of those 'where's it all going' days. We opened up bullish, went higher and now the whole thing looks like its rolling over to the downside. I wouldn't be at all surprised to see a spike up US to test 8250 resistance on DOW, on the other hand if things just tanked from here, so be it, would go insane trying to second guess day to day stuff atm. The pog way up but gold stocks stagnating today on our market. In fact Newcrest and Newmont are in the red. Nikkei not partying quite as much today.. Link to comment Share on other sites More sharing options...
crooked_analyst Posted February 4, 2003 Report Share Posted February 4, 2003 Wndysurf.....Awesome post again and, unfortunately, it was accurate as hell. In fact, I made my wife listen as I read it and her exact words were, "Oh my God, how do you know him - you could write this stuff". HARDLY! The only part I believe that you left out was the continuous "refreshing" of Kitco. Link to comment Share on other sites More sharing options...
BigWave Posted February 4, 2003 Report Share Posted February 4, 2003 Anybody ready for a laugh? What kind of financial exotica can Merry Lynching spin up next? MARKET RECOVERY NOTES See Prospectus Here: Merrill Lynch Recovery Notes Due 2005 Mark, Could you describe the average sucker who would buy this? Link to comment Share on other sites More sharing options...
MrHanky Posted February 4, 2003 Report Share Posted February 4, 2003 Anybody ready for a laugh? What kind of financial exotica can Merry Lynching spin up next? MARKET RECOVERY NOTES See Prospectus Here: Merrill Lynch Recovery Notes Due 2005 Mark, Could you describe the average sucker who would buy this? well,basically anyone who does not subscribe to the stool. that's my guess. Link to comment Share on other sites More sharing options...
HardAssets Posted February 4, 2003 Report Share Posted February 4, 2003 Anybody ready for a laugh? What kind of financial exotica can Merry Lynching spin up next? MARKET RECOVERY NOTES See Prospectus Here: Merrill Lynch Recovery Notes Due 2005 That is the most insane thing I have ever seen. Imagine investing in something with limited upside benefit and you can still loose your entire investment. Just invest in the QQQ and hold if you want. I don't get it. Link to comment Share on other sites More sharing options...
Hypertiger Posted February 4, 2003 Report Share Posted February 4, 2003 HYPERINFLATION? The only way for hyperinflation to show up is for Debt to inflate... Guess what Debt is maxed out... Other than dumptrucks full of cash being dropped off on street corners I can't see hyperinflation... Who is going to keep borrowing to sustain hyperinflation? Answer: No one... In fact they can barely sustain the debt load now... plus you would have to raise interest rates into the double digits to get Hyperinflation started... Deflation is what happens when borrowing stops the 12 rate cuts are a sure sign that borrowing is not working and if borrowing is not working "Debt inflation" is dead. Gold Oil Taxes Or anything else you or the governments need to survive will go up... Luxuries head for the basement... including real estate... shit boxes will drop in price slower then mansions... We are just at the beginning of Debt deflation... Link to comment Share on other sites More sharing options...
BigWave Posted February 4, 2003 Report Share Posted February 4, 2003 Tanks MH :grin: I read the summary, I can't believe anybody would buy this, yet it gets sold.WTF. :shocked So many deals, so many suckers. Link to comment Share on other sites More sharing options...
DrStool Posted February 4, 2003 Report Share Posted February 4, 2003 Time On Bear's Side, But Not Their Putzes 2/3/03 In the short run, if the down phase is delayed as long as it potentially might be, erosion of time premiums in options is going to be a problem, a problem those short stocks don't have. Doc chronicles the market cycles in the usual intraday, short term, and intermediate outlooks, and tells us where this shipwreck is heading, with hot pictures of naked stock charts, Uncle Buck and the Golden Stool. Is the Golden Stool about to drop? Will Uncle Buck drop 'em? Drop by your stock proctologist's office and have a look.? 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! Link to comment Share on other sites More sharing options...
DrStool Posted February 4, 2003 Report Share Posted February 4, 2003 Stoolies who have been around for a while know this, but newer stoolies may not. It is violation of intellectual properrty rights to copy and repost, in full, material published by others. Please, either get permission to repost from the publisher, or just post a snippet, which should be no more than a paragraph, and a link to the source. That is called fair use, and is legal. If you gert permission, forward a copy of the email from the publsher to me at [email protected]. With charts, be sure to post a link to the source with your chart. It is always best to get permission from the publisher, although I understand that is not always feasible. It's my ass on the line, so, please, be a good stoolizen and do not repost copyrighted material in full. Moderators, if you see more than a snippet of an article, please edit it down to one paragraph and post a link to the remainder. Many tanks! Doc Link to comment Share on other sites More sharing options...
BAREister Posted February 4, 2003 Report Share Posted February 4, 2003 Baath-is-FEARic is more like it. By Q2 we'll be bogged down in Iraq, and we'll all be terrified of bio WMD's HERE and there'll be martial lawr, and the ME will be a Dante-esque inferno thanks to those like Ms Rice and our Defense Secretary. Don'tchooWORRYnonebouddem VLF's, now, y'all, ya HEAR??? Why up here in Warshington state we took CARE of 'em real good, like, c. We passed us a referEND-DUMB that sez they gotz ta be no more than $30 per vehicle. Washington, slowly, tried the Grey Davis approach FURst. Then along came an activist w a forked tongue to incite the RABBLE at the voting booth. And THAT wuz THAT. FUR now, anyhoo. Now there's SNOT enough $ to go round, our legislature is staring at a HUGE budget shortfall, and communities are REFUSING to pass tax measures that would keep STATE HIGHWAY PATROLMEN at work, so they're being laid off (amidst tears) per the papers a day or two ago. THAT is your future, too, California. Voter backlash, referendum imposed limits on revenue sources. The cutting of public safety services. But the VLF ploy is typical of governments starved FUR revenue. Oh. A PARKING ticket in downtown Seattle is now a mere $35. It used to be $7 back in the mid 1980's... Fees of every imaginable kind, and fines are going UP. Hyperinflation? Tell that to Jim Rogers who's been predicting inflation. He told HRFF "Inflation FURst." The BARE disagrees. This deflation FURst, hyperinflation second is more likely. WhatEVER it is it's going to be fairly HELLISH FUR most. Did someone say RIOTS? Speaking of the Seattle papers, there appeared AGES (and The BARE DOES mean "AGES" as in maybe 8 years or longer) ago in the Sunday paper a story about a convention of POLICE CHIEFS of major metropolitan areas. Might have been here at the opening of our new HORRIBLY UGLY Convention Center in Seattle, even. These guys were talking about mASSive riots due to the coming economic upheaval, which they were PLANNING FUR. They said these coming riots would make the MLK ass-ass-ination rioting look like CHILD'S PLAY. That's what they've been ANTICIPATING, gentle readerz. FUR simply AGES. Then came "The Battle in Seattle" literally right outside HRFF's door/window. Well, Seattle's ability to readily contain riots is, in light of the WTO afFUR, somewhat, shall we say, "circumscribed". And Seattle's police FURce per capita is thin, compared to UDDER cities, which makes it a target FUR bank robbers, 'n such. Plannin' is one thing. Dealing with a riot is another. And WTO wasn't that dramatic. Not by the Arthur McDuffy riots in Miami that HRFF lived through in lawr skool. Nor LA's Rodney King eruption. Nor by Watts or Oakland or any of the more notorious riots of the 1960's. They made WTO look like kid's stuff. Hope we treat one anUDDER civilly if things get rough. Link to comment Share on other sites More sharing options...
PileDriver Posted February 4, 2003 Report Share Posted February 4, 2003 for those being spooked by those p/c ratios (I'm not) read this and you'll feel alot better: http://www.internetstockreport.com/close/a...1578751,00.html All we're doing now is consolidating losses (ha, ha) at the lows before going lower. We're also doing the obligatory waltz under the mini H&S neckline before working lower, so don't get your panties in knots over this - its all very normal top building action Link to comment Share on other sites More sharing options...
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