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B4 the Bell, Moonday Aug. 9, 2004


Guest yobob1

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IF they actually decide to go forward with their IPO and IF any shares become available to short, Google will represent the shorting opportunity of a lifetime if they bring it out at over $100 per share. This will be the catalyst for the crash. The financial media put too much emphasis on this IPO, and its failure will be noted by ALL investors. The Boys will refuse to defend it (at their own peril).

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Good Morning Crew- Glad to see you back Hi-Hat- the message for today is to short any rallies if we get them. Keep your trailing stops in place. Having said that I see more down but I also see more volatility. We have an anomaly at the open a 2 hour and 5 minute window and Yes-the Chairthrower is in Da house on the opening window! Helmets on, Buckle up! ;)

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Guest yobob1
IF they actually decide to go forward with their IPO and IF any shares become available to short, Google will represent the shorting opportunity of a lifetime if they bring it out at over $100 per share. This will be the catalyst for the crash. The financial media put too much emphasis on this IPO, and its failure will be noted by ALL investors. The Boys will refuse to defend it (at their own peril).

That wzs my posted thoughts when they first "test" priced the thing over a $100. I too think the google IPO, if they go ahead> may well mark a watershed event. The last thing this market needs (for da bulls) right now is more supply in the high dollar category.

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Something to think about in the coming weeks...

 

Reposted with permission from John Mackenzie ..one of the brightest and finest..

Just a snippet.. Sorry bout the length.

 

" Long-time subscribers may find the following paragraph redundant but because we have had a large influx of new subscribers over the past few months we would like to impart what the ?Plunge Protection Team? consists of.

The Working Group on Financial Markets, the PPT, was formed as a result of an executive order executed by Ronal Reagan on 3/18/88. Six months previous, the stock market had collapsed in a number of days and the Administration and the Fed wanted to stop such occurrences in the future. Prior to the order, during the debacle, the Fed was in the markets manipulating. The order appoints the Secretary of Treasury, the Fed Chairman, the SEC Chairman, CFTC Chairman and the had of the NY Fed and their designates; these are the people who actually execute the manipulation to fulfill their dictates. There is nothing democratic or fair about the process. It is done in secret, and even thought it is legal, those in government lie about its existence and the affects it has on markets. As you can see we no longer have free markets. This is the type of order you would expect in Nazi Germany ? Corporatist fascism. The elitists, of course, say the purpose of these manipulations is to ?enhance the integrity, efficiency, orderliness and competitiveness of our Nation?s financial markets and maintain investor confidence?. Of course, nothing could be further from the truth. Thus, the US Treasury provides the Working Group with administrative funds and support services as may be necessary for the performance of its functions. Thus, you have a massive staff 24 hours a day manipulating any market they choose and they do this every day. In the process they employ the assistance of anointed investment banks, banks and brokerage houses to assist in the manipulation"...

 

The rest on LOB

 

http://www.capitalstool.com/forums/index.p...t=ST&f=2&t=6063

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