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#1 DrStool

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Posted 19 October 2007 - 04:01 PM

That's not a prediction. :lol: :lol: :lol:

I know that LeeWhee would have enjoyed this. As usual he called the top.

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#2 dogsie

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Posted 19 October 2007 - 04:09 PM

No bounce after the bell
Insanity: doing the same thing over and over again and expecting different results. Albert Einstein
You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time. Abraham Lincoln
Those who cannot remember the past are condemned to repeat it George Santayana

#3 DrStool

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Posted 19 October 2007 - 04:09 PM

LW might have told us here about the last day the spx was down comparably.

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No, he would have told us about EVERY day it was down comparably, what the setup was, and what came after.

And then he would have said, but this time could be different. ;)

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#4 Private Skidmark

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Posted 19 October 2007 - 04:10 PM

So, have da boyz earned themselves another baked-in rate cut?

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#5 cwd

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Posted 19 October 2007 - 04:11 PM

So, have da boyz earned themselves another baked-in rate cut?

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Steve Liesman on CNBS, 100% of a rate cut at the Oct meeting. :lol:

#6 Drano

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Posted 19 October 2007 - 04:11 PM

So, have da boyz earned themselves another baked-in rate cut?

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You mean the cat's out of the bag?

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Of course I'm caustic!

#7 Drano

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Posted 19 October 2007 - 04:13 PM

Golly, CWD, I'd like to say I'm sorry about IYR closing below 74.

But I'm not.
Of course I'm caustic!

#8 dogsie

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Posted 19 October 2007 - 04:14 PM

Wouldn't surprise me to see weakness into next meeting to scare Fed into lowering.
Insanity: doing the same thing over and over again and expecting different results. Albert Einstein
You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time. Abraham Lincoln
Those who cannot remember the past are condemned to repeat it George Santayana

#9 shorty

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Posted 19 October 2007 - 04:14 PM

So, have da boyz earned themselves another baked-in rate cut?

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No, they don't want one.

They've been short stocks since just before Citi warned.

They're luvin' this sheet.

And they gotta lotta mo sellin' comin'.

The top 1% set it all up right purdy fer themselfs.

Now they flush the maSSes.

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#10 Drano

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Posted 19 October 2007 - 04:16 PM

Marketwretch Headline: Wall Street hit hard on 20th anniversary of Black Monday

It's just an anniversary reaction, nothing to worry about.

Right?
Of course I'm caustic!

#11 shorty

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Posted 19 October 2007 - 04:16 PM

So, have da boyz earned themselves another baked-in rate cut?

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Steve Liesman on CNBS, 100% of a rate cut at the Oct meeting. :lol:

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There will be no rate cut.

And it wouldn't matter anyway.

The boyz are short stocks.

It'll be many months before they cover.

The Depression has begun, aSS planned, and nothing Shall stop it.

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#12 Jetlag

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Posted 19 October 2007 - 04:19 PM

So, have da boyz earned themselves another baked-in rate cut?

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Steve Liesman on CNBS, 100% of a rate cut at the Oct meeting. :lol:

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Dollah would go down the drain and Oil to da moon.


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Maybe it's not such a bad idea.

#13 Private Skidmark

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Posted 19 October 2007 - 04:22 PM

So, have da boyz earned themselves another baked-in rate cut?

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No, they don't want one.

They've been short stocks since just before Citi warned.

They're luvin' this sheet.

And they gotta lotta mo sellin' comin'.

The top 1% set it all up right purdy fer themselfs.

Now they flush the maSSes.

View Post


That's what I would do if I were an inhuman porcine operator. Load 'em up with debt to their eyeballs on stucco crapboxes and tricked out Hummers, jack their ARMS, close the bankruptcy door, outsource their jobs, inflate their pole-dancing earnings away, then flush their 201ks so I could load up for the next bull run. Booyah. :D

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The highest compliment you can pay a man today is that hes a fairly convincing approximation of a real person.

"You trade physical gold with balls, not with a ruler, until your balls get pressed into ball oil and you're forced to obtain your meals from the dumpster behind the local Krispy Kreme. And then the sun comes out again." - Skidmark

"If you can't stand the heat, break the thermometer in the kitchen." - Benjamin S. Bernanke upon ceasing publication of M3 data

#14 elh

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Posted 19 October 2007 - 04:23 PM

That's not a prediction.  :lol:  :lol:  :lol:

I know that LeeWhee would have enjoyed this. As usual he called the top.

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Give yourself some "credit" as well, although I'm sure you don't want any right now. :lol:

I was starting to get skeptical about whether the ABCP mess would come to roost, and was ready to submit to the inflationary authorities.

As for the Berserker trade, check out the 5%+ drop in the entire energy sector. That is unheard of for an entire sector to dump that much in one day.

But if you saw any of the jiggy action in the financials, you know. MTG was $35 just last week, and it lost 45% in just five days. These assholes at work...

#15 Speakeasy

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Posted 19 October 2007 - 04:25 PM

LW might have told us here about the last day the spx was down comparably.

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No, he would have told us about EVERY day it was down comparably, what the setup was, and what came after.

And then he would have said, but this time could be different. ;)

View Post

Eggzactly! I was thinking just that after the post. He would have used that as the opening to an historical context discussion that would listed two or three events of the day that were rare, and would proceed to explain each of them, and make a tally. Damn, have you started advertising yet for a new market statistician/historian? :lol: :lol: :lol:

btw, it's looking a bit different this time, so far, touch wood, turn around and spit!! :D
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