BartTheBear Posted September 5, 2003 Report Share Posted September 5, 2003 Yes. The economy is improving and driving up the price of gold. Of course! <_ Link to comment Share on other sites More sharing options...
BartTheBear Posted September 5, 2003 Report Share Posted September 5, 2003 We'll save these images in case some type of major top was put in today. 'Ya never know...... Maybe that Robert Miner guy will be right. I don't know anything about his reputation but evidently he called the Oct '02 bottom. He's now calling for a top this month. Link to comment Share on other sites More sharing options...
Guest Posted September 5, 2003 Report Share Posted September 5, 2003 New lay off list for this past week Friday thru Thursday. I added these up and came up with 15,702. http://www.hrlive.com/layoffs.php Some of interest are the government lay offs as we never here about them. I.E. Ga Dept of Corrections 1200 Fla prison rehab program 339 WI dept of nat resources 68 Ga Dept of human res 954 Link to comment Share on other sites More sharing options...
Guest Icky Twerp Posted September 5, 2003 Report Share Posted September 5, 2003 Someday, in the same breath with Ambrose Bierce, H.L. Mencken will be Mark-2-Market... You absolutely slay me, man. Link to comment Share on other sites More sharing options...
Pere Ubu Posted September 5, 2003 Report Share Posted September 5, 2003 General Motors files to sell $10B in debt and stock (GM) by Michael Baron at MarketProp NEW YORK (CBS.MW) -- General Motors (GM) shares slipped more than 2 percent to $41.67. The company has filed with the Securities and Exchange Commission for the sale of $10 billion in debt and stock. In addition, its General Motors Acceptance Corp. financing unit registered $12.44 billion in debt securities for sale, adding this amount to a previously registered $7.55 billion in debt to bring its total offering to $20 billion. Earlier Friday, GM announced a recall of more than 700,000 cars. And this toxic-waste stock is trading at $41.67? Link to comment Share on other sites More sharing options...
wndysrf Posted September 5, 2003 Author Report Share Posted September 5, 2003 NYSE and Nasdaq % Record High unchanged. Both still redlined at .98 McClellan finally moving down. http://stockcharts.com/candleglance?$...#124;C|D20 Link to comment Share on other sites More sharing options...
PileDriver Posted September 5, 2003 Report Share Posted September 5, 2003 "Stupid [market] Tricks Caught on Video" continues. In the wise words of "On the Beach"... Puppet master Rove still being allowed to control World's financial markets. Therefore, no top in sight...contrary T/A/refi data nothwithstanding. I'll be picking up more gems like AAI, SCHN, JBHT, GTRC, RSTI and PSTI next week on the dips. GAME IT! (before its too late and the Election nears, get your "Free Money") It's still time to "dong the best" and forget the rest. Link to comment Share on other sites More sharing options...
wndysrf Posted September 5, 2003 Author Report Share Posted September 5, 2003 Hey Pile: Here's a Screamer for you....... Why not? It's the most highly shorted stock on the NYSE. Link to comment Share on other sites More sharing options...
Sphinxter Posted September 5, 2003 Report Share Posted September 5, 2003 Roach on 'Productivity' miracle. Link to comment Share on other sites More sharing options...
PileDriver Posted September 5, 2003 Report Share Posted September 5, 2003 Hey Pile: Here's a Screamer for you....... Why not? It's the most highly shorted stock on the NYSE. Nice solid floor underneath it. ...hitting 52 wk highs too I presume. That should lure in some more hapless shorts who think its "too high" and think they are smarter than mo-mo trend players and try to call the exact time when it reverses down. Doubtful That practically guarantees a no-lose dong play. Keep climbing that wall of worry Link to comment Share on other sites More sharing options...
An Ant Posted September 5, 2003 Report Share Posted September 5, 2003 What if this drop in jobs is reported to cause Bond rally? Now that equities have come this far, matrix may not care much about them? There is always October and Santa rally to end the year above 10K, 2K etc. Link to comment Share on other sites More sharing options...
BudFox Posted September 5, 2003 Report Share Posted September 5, 2003 The last time the 21 day MA of the Trin was this low was in March and August of 2000. Link to comment Share on other sites More sharing options...
buttugly Posted September 5, 2003 Report Share Posted September 5, 2003 Schaeffer - whole theory seems to hinge on everyone else being a dumb-ass and him (and his stooges) being so bright. But look at the facts. In 1999 he had the third highest 2000 year end DOW target of 13,800. (Business Week) In a Tom Calandra article dated Aug 29, 2002, Schaeffer said " I get a chuckle about everyone getting so excited when the VIX made it to the 50s". Well just when he thought the VIX was going to 175 - he nailed the bottom. Today he thinks vix can go to "mid teens". He thinks Nasdaq will see 2000 and that the SPY has more upside. Just another SCAMMER in the ceasepool. And as for Kudlow - the economy is "firing on all cylinders" - we need to be "patient". And Cramer wallowing in the latest Spitzer thing - because by implication he is "Mr ten clean fingers". Can someone please punch those guys. I like the low profile guys like Erlanger! Link to comment Share on other sites More sharing options...
Stoolander Posted September 5, 2003 Report Share Posted September 5, 2003 Hey Pile: Here's a Screamer for you....... Why not? It's the most highly shorted stock on the NYSE. My father has no intention of selling until he is whole again (or dies) somewhere around $30. I suspect many other NT bag-holders are the same. Link to comment Share on other sites More sharing options...
BartTheBear Posted September 5, 2003 Report Share Posted September 5, 2003 Commercials flipped net short in July and have increased their position. Link Link to comment Share on other sites More sharing options...
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