Guest AssMaster Posted February 14, 2003 Report Share Posted February 14, 2003 I could see the boyz trying to put what might look like the right shoulder of a near reverse head and shoulders here...triple bottom on SPX which ramps up into options expiration front running the war rally into the downtrend line, then performs the triple bottom breakdown into new lows. Link to comment Share on other sites More sharing options...
Guest Posted February 14, 2003 Report Share Posted February 14, 2003 Support becomes resistance... SOURCE Link to comment Share on other sites More sharing options...
Guest BEARDRECH Posted February 14, 2003 Report Share Posted February 14, 2003 Hey guys, you were getting me all worked up with your gold love stories. Then I tried to imagine the scenarios where having gold coins would be needed and could be bartered. Let's say they rise to $500/oz. What does one coin weigh? One oz? So, what is the scenario where it would be useful? What happens to the dollar? No one is accepting dollars anymore for food, gas, utilities, food? The vast majority of people will have only dollars. If the grocer accepts gold and not dollars, he isn't going to be selling much, right? What happens if your heating bill is, say, $300. How do you pay the gas/electric/oil company with a gold coin worth $500? What form is your change in? Worthless dollars? If we go into a depression, the value of the dollar goes up, right? The crunch is that unemployed people don't have dollars. If the value of the dollar goes up or remains steady, why do you need gold? It seems that only in a hyper inflation does owning gold mean anything. So you must be anticipating the government hyper inflating currency as a counter to a depression. Is this it? y not issue script denominated in 1 legged stool dollars-stamped with logo saying all i leggers are backed by real gold--use your imagination-- but seriously you bring up a deep issue--the speed and utioity of paper currency was ,up until now,just that, a modern miracle of speed and utility--just think, an almost weightless amount of paper gave you the power to command almost anyone's labor,no matter where in th eworld,with no more effort than opening a small leather pouch-presto it or you my darling are mine-- and now,being a very fervent gold bug,i still am not comfortable with the thought of going past a crew of tatood motorcyclist hanging around the 7-11, with my krugies and 100 oz bar of silver knowing ,that before i open the door to my car those animated tatoos will be hitting me on the coconut with the antthetical alchemical element :the base metal called lead---ah me--tis a puzzlement bdrech <_< <_< Link to comment Share on other sites More sharing options...
Guest Posted February 14, 2003 Report Share Posted February 14, 2003 Hey guys, you were getting me all worked up with your gold love stories. Then I tried to imagine the scenarios where having gold coins would be needed and could be bartered. Let's say they rise to $500/oz. What does one coin weigh? One oz? So, what is the scenario where it would be useful? What happens to the dollar? No one is accepting dollars anymore for food, gas, utilities, food? The vast majority of people will have only dollars. If the grocer accepts gold and not dollars, he isn't going to be selling much, right? What happens if your heating bill is, say, $300. How do you pay the gas/electric/oil company with a gold coin worth $500? What form is your change in? Worthless dollars? If we go into a depression, the value of the dollar goes up, right? The crunch is that unemployed people don't have dollars. If the value of the dollar goes up or remains steady, why do you need gold? It seems that only in a hyper inflation does owning gold mean anything. So you must be anticipating the government hyper inflating currency as a counter to a depression. Is this it? Simple, you take one the 1oz gold coin and convert it to $5000 it'll be worth when you need the money. Use the $3000 to buy a couple silver coins, and use the remaining $2000 to go grocery shopping or buy a Big Mac. Doesn't matter what the fiat currency is, they'll take your gold and give you the paper. The trick is to store your wealth in gold then convert only what you need to paper when it is to be spent immediately. Link to comment Share on other sites More sharing options...
BAREister Posted February 14, 2003 Report Share Posted February 14, 2003 Basis FUR alarm a hoax? No surprise the way the MSNBC Nightly News showed Powell "jumping on" ot use the media's parlance Q's the UN were raising about Iraq's missiles. They're so eager for dirt on Saddam, they're clutching at anything they can, since they have yet to come up with a true "smoking gun". The public abroad at least is sensing the reality there are two leaders of circumscribed outlook, to put it obliquely, in the highest office in the land and in one of those two nations that leader totters precariously (Blair in the UK) already at a 30% rating in the polls. This war will be an unmitigated catASStrophe FUR both Blair's party/future and that of the R's here. Deep and widespread doubts and mounting criticism give no PAWS to these two men and their cotorie(s), however. NONE. We slip FURther toward the edge. Will tomorrow be the lASSt FURday of tranquility we will be able to recall FUR simply ages? Perhaps. There was the grim warning of Rumsfeld tonight about the "new era" we've entered. His remarks were described by the mASSters of propoganda, to wit: the media, ass "extraordinary" in their singularly bleak tone. Torah, Torah, TORAH!!!, HRFF thinx you may be right, there may be NO buying on the sound of cannons THIS time. There certainly, however, will be ample selling PRIOR TO the sound of trumpets! Link to comment Share on other sites More sharing options...
slinger Posted February 14, 2003 Report Share Posted February 14, 2003 Great chart wndysrf! VXN "broke" out of the wedge on the chart you provided, but let's wait for it to break the trendlines on this chart before we get too excited. Link to comment Share on other sites More sharing options...
slinger Posted February 14, 2003 Report Share Posted February 14, 2003 While we're talking about the Nasdaq, let's also wait for the lower trendline to get busted downward before going all out short. At least that is what I would do, but don't follow me, I may be too cautious for all ya'll tastes. internetstockreport.com Link to comment Share on other sites More sharing options...
Direwolf Posted February 14, 2003 Report Share Posted February 14, 2003 RUSSIAN WAR PREPARATIONS * Moscow has outfitted hundreds of fighter-bombers with additional fuel tanks and in-flight refueling capability, augmenting Russia's intercontinental strike capability. * Russia has been constructing large numbers of military transport aircraft for foreign customers who do not exist. * Russia has been building and accumulating dry docks even though, at the moment, no foreign customers for them exist. * Russia has recently fielded a new battle tank; a new state-of-the-art fighter; super-quiet submarines which can engage sea, land and air targets simultaneously; a new attack helicopter and sniper rifle. * Russia has developed a revolutionary new rifle-fired infantry weapon, the so-called vacuum grenade, which can give a single Russian soldier the firepower of a 155mm howitzer. Russia has begun joint production of his weapon with the Chinese. * Russia now emphasizes the production of mobile ICBMs like the Topol-M, which are designed to evade satellite detection, permitting the Russians to cheat on arms control agreements. * Russia continues to develop biological and chemical weapons, sometimes with the use of U.S. funds. According to recent defectors, Russia is now working on a super-plague weapon. * Russian diplomacy is clearly attempting to build an anti-American alliance which includes countries like China, North Korea, Cuba, Iraq, Libya, South Africa, Syria, Venezuela, Vietnam, Iran and India. * Russian Spetsnaz commandos continue to train with suitcase nukes against U.S. targets. * Russia is hoarding strategic metals which are vital for keeping up war production through the first months of a nuclear world war. * Russia is importing more food than needed for domestic consumption. At the same time, Russia has constructed huge underground nuclear-proof food storage facilities. * Russia has developed an impressive engineering rescue capability, organized into special military formations positioned outside large cities, for rescuing citizens trapped beneath rubble in the event of a nuclear attack. * Recent Russian movies and pop songs depict Americans as stupid animals who deserve to die. In keeping with this theme, NATO is depicted as an aggressive alliance, sometimes likened to Hitler's Third Reich. * Russia is building huge underground cities, like the one at Yamantau Mountain in the Urals. These cities are built more than a thousand feet into the earth and are able to withstand direct nuclear attack. * Russia has been modernizing nuclear bunkers located beneath Moscow. * Russia has erected a system of national missile defense far beyond that allowed by the 1972 ABM Treaty. Deploying approximately 10,000 dual-purpose mobile SAM/ABMs, Russia has used a loophole in the treaty to provide a powerful missile shield. Using a common-sense approach to ABM defense, Russia's interceptor missiles employ special nuclear warheads that can destroy incoming warheads without having to score a direct head-on hit. * Russia is also ahead of the United States in directed energy weapons that could be used to blind or destroy U.S. early warning satellites. * Many of Russia's mafia organizations operate in collaboration with, or under the supervision of, military intelligence and the state security services. Organized crime is used to penetrate Western banks, technology companies, law enforcement and government. Routes used for smuggling drugs and other contraband are reserved in wartime for bringing biological, chemical and nuclear weapons into the U.S. CHINESE WAR PREPARATIONS * Civil defense drills began in major Chinese cities last summer. * Chinese military commanders have been told that nuclear war with America could begin at any time. * China has been developing and deploying new road-mobile long range missiles like the DF-31 and DF-41. * China is modernizing its navy, purchasing advanced Russian warships and missiles capable of sinking U.S. carriers. * China has been rapidly building a large store of advanced nuclear warheads. * China has positioned bases to block the main western entry point into the Pacific, and has acquired indirect control of the Panama Canal through front companies. * China has formed military ties with Cuba and Venezuela. * China has also penetrated Sudan, and is spreading missile and nuclear technology to rogue states in Africa and the Middle East. * China has massed troops, aircraft, ships and missiles opposite Taiwan. * China has engaged in war exercises during which U.S. forces in the Pacific were targeted by Chinese forces. ___ US "WAR PREPARATIONS" * No civil defense. * No national missile defense. * No road or rail-mobile ICBMs. * Abandonment of the Panama Canal. * U.S. officials have allowed nuclear warhead secrets to leak to China. * The U.S. pays Russia billions of dollars to encourage disarmament measures, but these billions are diverted to Russian war preparations. * The U.S. Navy is short of fuel. * The U.S. Army is short of recruits and officers, and has only 10 divisions. * The U.S. Air Force is facing pilot shortages, and many aircraft remain grounded for lack of spare parts. * Only 18 ballistic missile submarines remain in the U.S. Navy, with only 9 at sea on any given day. * America's ballistic missile submarine commanders no longer have the launch codes to fire their nuclear weapons, but must rely on the president to send them the launch codes in the event of a war emergency. * Shop until you drop. * Wave good-bye to your country. * Say hello to your new landlord, Mr. Wang. ...pilfered from TFP board...dw Link to comment Share on other sites More sharing options...
lb Posted February 14, 2003 Report Share Posted February 14, 2003 RUSSIAN WAR PREPARATIONS * Moscow has outfitted hundreds of fighter-bombers with additional fuel tanks and in-flight refueling capability, augmenting Russia's intercontinental strike capability. * Russia has been constructing large numbers of military transport aircraft for foreign customers who do not exist. * Russia has been building and accumulating dry docks even though, at the moment, no foreign customers for them exist. * Russia has recently fielded a new battle tank; a new state-of-the-art fighter; super-quiet submarines which can engage sea, land and air targets simultaneously; a new attack helicopter and sniper rifle. * Russia has developed a revolutionary new rifle-fired infantry weapon, the so-called vacuum grenade, which can give a single Russian soldier the firepower of a 155mm howitzer. Russia has begun joint production of his weapon with the Chinese. * Russia now emphasizes the production of mobile ICBMs like the Topol-M, which are designed to evade satellite detection, permitting the Russians to cheat on arms control agreements. * Russia continues to develop biological and chemical weapons, sometimes with the use of U.S. funds. According to recent defectors, Russia is now working on a super-plague weapon. * Russian diplomacy is clearly attempting to build an anti-American alliance which includes countries like China, North Korea, Cuba, Iraq, Libya, South Africa, Syria, Venezuela, Vietnam, Iran and India. * Russian Spetsnaz commandos continue to train with suitcase nukes against U.S. targets. * Russia is hoarding strategic metals which are vital for keeping up war production through the first months of a nuclear world war. * Russia is importing more food than needed for domestic consumption. At the same time, Russia has constructed huge underground nuclear-proof food storage facilities. * Russia has developed an impressive engineering rescue capability, organized into special military formations positioned outside large cities, for rescuing citizens trapped beneath rubble in the event of a nuclear attack. * Recent Russian movies and pop songs depict Americans as stupid animals who deserve to die. In keeping with this theme, NATO is depicted as an aggressive alliance, sometimes likened to Hitler's Third Reich. * Russia is building huge underground cities, like the one at Yamantau Mountain in the Urals. These cities are built more than a thousand feet into the earth and are able to withstand direct nuclear attack. * Russia has been modernizing nuclear bunkers located beneath Moscow. * Russia has erected a system of national missile defense far beyond that allowed by the 1972 ABM Treaty. Deploying approximately 10,000 dual-purpose mobile SAM/ABMs, Russia has used a loophole in the treaty to provide a powerful missile shield. Using a common-sense approach to ABM defense, Russia's interceptor missiles employ special nuclear warheads that can destroy incoming warheads without having to score a direct head-on hit. * Russia is also ahead of the United States in directed energy weapons that could be used to blind or destroy U.S. early warning satellites. * Many of Russia's mafia organizations operate in collaboration with, or under the supervision of, military intelligence and the state security services. Organized crime is used to penetrate Western banks, technology companies, law enforcement and government. Routes used for smuggling drugs and other contraband are reserved in wartime for bringing biological, chemical and nuclear weapons into the U.S. CHINESE WAR PREPARATIONS * Civil defense drills began in major Chinese cities last summer. * Chinese military commanders have been told that nuclear war with America could begin at any time. * China has been developing and deploying new road-mobile long range missiles like the DF-31 and DF-41. * China is modernizing its navy, purchasing advanced Russian warships and missiles capable of sinking U.S. carriers. * China has been rapidly building a large store of advanced nuclear warheads. * China has positioned bases to block the main western entry point into the Pacific, and has acquired indirect control of the Panama Canal through front companies. * China has formed military ties with Cuba and Venezuela. * China has also penetrated Sudan, and is spreading missile and nuclear technology to rogue states in Africa and the Middle East. * China has massed troops, aircraft, ships and missiles opposite Taiwan. * China has engaged in war exercises during which U.S. forces in the Pacific were targeted by Chinese forces. ___ US "WAR PREPARATIONS" * No civil defense. * No national missile defense. * No road or rail-mobile ICBMs. * Abandonment of the Panama Canal. * U.S. officials have allowed nuclear warhead secrets to leak to China. * The U.S. pays Russia billions of dollars to encourage disarmament measures, but these billions are diverted to Russian war preparations. * The U.S. Navy is short of fuel. * The U.S. Army is short of recruits and officers, and has only 10 divisions. * The U.S. Air Force is facing pilot shortages, and many aircraft remain grounded for lack of spare parts. * Only 18 ballistic missile submarines remain in the U.S. Navy, with only 9 at sea on any given day. * America's ballistic missile submarine commanders no longer have the launch codes to fire their nuclear weapons, but must rely on the president to send them the launch codes in the event of a war emergency. * Shop until you drop. * Wave good-bye to your country. * Say hello to your new landlord, Mr. Wang. ...pilfered from TFP board...dw Sure hope silly con valley gets nuked first. Better to be vapor then suffer like the ?winners? will after all those toys go off. Link to comment Share on other sites More sharing options...
Pretzel Logic Posted February 14, 2003 Report Share Posted February 14, 2003 Okay, DW. That post is just plain fargin' scary. Link to comment Share on other sites More sharing options...
Hypertiger Posted February 14, 2003 Report Share Posted February 14, 2003 Wild cornered animal stage could get very ugly... Imagine what a Fiat money supply which is based solely on psychology goes poof... Every time in the recorded history of fiat money systems the end result is always crappy beyond belief... My 15 -20 month prediction is based on hope... When the justification for genocide amounts to 30 Kilometers over the missle range limit it's game over... pure insanity. Link to comment Share on other sites More sharing options...
dumpabuck Posted February 14, 2003 Report Share Posted February 14, 2003 RUSSIAN WAR PREPARATIONS, yadda: * Russia is hoarding strategic metals which are vital for keeping up war production through the first months of a nuclear world war Does that include gold? That would be good news, so long as we avoid WWIII How is Ruskie gold production these days? Link to comment Share on other sites More sharing options...
Guest AssMaster Posted February 14, 2003 Report Share Posted February 14, 2003 Hyper: Isn't there any scenario whereby the PTB could roll it over for another coupla decades? Take over all of the oilfields or US becoming swing producer driviing oil to $5/bbl? Credit cards to the unborn? Intergenerational debt? Collateralizing the land, tax base, gold in the ground (nationalize US gold mines)? You really know those sneaky SOBs, I bet you could come up with something. Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted February 14, 2003 Report Share Posted February 14, 2003 These charts tonight are the most sorry ass looking indicators I've ever seen. The charts would be so funny except it shows the direction this country is headed. Maybe stocking up on rice, beans and water is more like it. Link to comment Share on other sites More sharing options...
Hypertiger Posted February 14, 2003 Report Share Posted February 14, 2003 Pumping blood into a body with a gushing head shot might work for a little while. TPB are licking their chops... Not figuring out how to save us... Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.