wndysrf Posted January 13, 2004 Report Share Posted January 13, 2004 Up $2.00 in Pre-Market Link to comment Share on other sites More sharing options...
wndysrf Posted January 13, 2004 Report Share Posted January 13, 2004 Shorts getting blown out on this one: Gapping up on the open Link to comment Share on other sites More sharing options...
wndysrf Posted January 13, 2004 Report Share Posted January 13, 2004 Why the hell am I trying to buy GG at $14 when VRSN goes up from $15 to $20 in one week?? GG probably won't see anything north of $18 for 6 months........ Link to comment Share on other sites More sharing options...
The brown one Posted January 13, 2004 Report Share Posted January 13, 2004 Wndysrf: I looked at KLAC on Schaeffer's p/c ratio and it's around zero. I remember you once made a comment on those ratios but can't remember what it was. Can you predict anything based on those ratio's of his? Link to comment Share on other sites More sharing options...
Ned38 Posted January 13, 2004 Report Share Posted January 13, 2004 Yeppers I don't even wanna trade this shit anymore Link to comment Share on other sites More sharing options...
wndysrf Posted January 13, 2004 Report Share Posted January 13, 2004 BGO trading at $4.02 on Island. Can anybody else verify this???? Link to comment Share on other sites More sharing options...
DrStool Posted January 13, 2004 Report Share Posted January 13, 2004 No mystery. Short covering drives all rallies. NYSE reports 30 day average 52.8% of all sell orders are short sales. Can you say "squeeze?" Biggest screamers are stocks with highest short interest. Check out any stock's short interest at http://www.nasdaq.com Order flow at http://marketrac.nyse.com Link to comment Share on other sites More sharing options...
Lock Limit Down Posted January 13, 2004 Report Share Posted January 13, 2004 Why the hell am I trying to buy GG at $14 when VRSN goes up from $15 to $20 in one week?? GG probably won't see anything north of $18 for 6 months........ Mark Seen this? "The money supply was less than $2 trillion when gold reached its peak of $850 on January 21, 1980. Today the money supply is at $8.956 trillion with gold prices at only $424.45. As mentioned earlier, gold prices are heading higher, much higher from where they are today....." more http://www.financialsense.com/Market/wrapup.htm Gold stocks are still in the first inning. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted January 13, 2004 Report Share Posted January 13, 2004 BGO trading at $4.02 on Island. Can anybody else verify this???? BGO 3.45 Low 3.40 Link to comment Share on other sites More sharing options...
The brown one Posted January 13, 2004 Report Share Posted January 13, 2004 Tanks Doc for those 2 links on short selling percentages. I see that there's very little short in KLAC,but then again it's not a real screamer! Link to comment Share on other sites More sharing options...
Madame Wrecked Him Posted January 13, 2004 Report Share Posted January 13, 2004 Word DocThe anals is a godsend. As I have said and spread you have managed to assemble a site like no other. Nothing can compare to the intelligence, wit, humor and diversity demonstrated here day after day. Stoolies are in a class of their own and see a world that the majority do not. It is an honor to be associated with such a dedicated group. Word, both of you, Doc and LLD. Link to comment Share on other sites More sharing options...
purdymouth Posted January 13, 2004 Report Share Posted January 13, 2004 Why the hell am I trying to buy GG at $14 when VRSN goes up from $15 to $20 in one week?? GG probably won't see anything north of $18 for 6 months........ Oh man, NOW you've done it! Link to comment Share on other sites More sharing options...
Hypertiger Posted January 13, 2004 Report Share Posted January 13, 2004 Recent market action has most technicians completely dumbfounded. Nobody knows where the money is coming from to drive these stocks higher. The only thing I can think of is that there is really no "new money" coming into the stock market, particularly so soon after a mania. I think what we are witnessing is the beginning stages of HYPERINFLATION under the surface, which is now manifesting itself in constant Stock Boners, Commodity Explosions, and before long, we will start seeing uncontrolled price increases in just about everything. Today's Hysterical Breakaway Gaps listed below: It will only be Hyperinflation if they start handing money out for free...That is not happening...This is just the effect of low interest rates... In 82 rates topped out at 19% and then by 93 bottomed at 3% that is 11 years... This time rates topped out at 6.5% in 2001 and bottomed in 2003 at 1% that is 2 years... Both chops are of the same magnitude... Prices will rise until they are rising faster then debt can be created to suppot them then rates must be cut again...eventually volume will dry up and there will be no way to create debt or distribute it fast enough to support perpetual debt inflation in the required amounts...then a hyperdeflationary implosion of debt will start and nothing will stop it and equity which is just a debt inflated asset used as leverage will vaporize rapidly... Link to comment Share on other sites More sharing options...
GregFokker Posted January 13, 2004 Report Share Posted January 13, 2004 Making the rounds this AM: "08:18 ET Crapvision imposes hard line restrictions to employees on trading -- NY Times : The New York Times reports Crapvision is taking one of the "hardest lines" to head off financial conflicts of interest in the media industry. Crapvision said that its managers and news staff and their spouses and dependents would no longer be allowed to own individual securities, other than those of their employers." Link to comment Share on other sites More sharing options...
Janitor Posted January 13, 2004 Report Share Posted January 13, 2004 Howdy Stoolsville Where is money for buying coming from??? Wndy, I recently (late December) saw a BCA report on cash in moeny market funds etc as % of Wilshire 5000 index. Currently it is at 50%, used to be 25 to 30% in 1998 to 2001. Link to comment Share on other sites More sharing options...
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