roidrage Posted February 26, 2003 Report Share Posted February 26, 2003 13:00 CEF at 5.01 is 26% premium to NAV in $US rr Link to comment Share on other sites More sharing options...
lb Posted February 26, 2003 Report Share Posted February 26, 2003 So, until Mom and Pop join in the selling... its nothing but frustration. Damn strait SG Link to comment Share on other sites More sharing options...
PileDriver Posted February 26, 2003 Report Share Posted February 26, 2003 ...and a watched pot never boils. Sandpaper, slow grind-down erosion soon to be followed by power planer, then circular buzz saw, then chain saw Link to comment Share on other sites More sharing options...
Oyster Posted February 26, 2003 Report Share Posted February 26, 2003 the emini bids going through at the low level...amazing Link to comment Share on other sites More sharing options...
MyGoldenStool Posted February 26, 2003 Report Share Posted February 26, 2003 Hey Oyster.... Ready to pick some screamers for the PM jamjob??? MMM, MSFT anyone?? Can we have some "TERD TRADER" hats distributed by Stoolville Enterprises for this exercise? Link to comment Share on other sites More sharing options...
simple guy Posted February 26, 2003 Report Share Posted February 26, 2003 Re Puplava's comments last night Someone posted them on my thread from last night today, good stuff. Worth a read. Basically its clear that stops are run anytime we are close to falling off a cliff. A magical buyer appears out of the Trading Futures pits to prop the markets and indices. Yesterday was a clear case as Gold and Commodities got mysteriously slapped and the market magically came back from the Abyss. We all know in the end, this wont work... but I will again state, without the massive participation in selling by the individuals.... this market will be tough to crack... Third of third of a third is a "public recognition wave" and we havent had that recognition that is required... ... so keep calling every dip, keep getting frustrated.... but we will need a major event to really kick this out of its sideways motion... Link to comment Share on other sites More sharing options...
mjkst27 Posted February 26, 2003 Report Share Posted February 26, 2003 nasdaq doing the intrday centipede Link to comment Share on other sites More sharing options...
Lethal Dose Posted February 26, 2003 Report Share Posted February 26, 2003 BARE: "Lethal: with a name like THAT r u a doctor....or a JURIS doctor??? LOLOL" well, a JURIS doctor, actually; but don't hold it against me: I've never charged anyone for legal advice! Link to comment Share on other sites More sharing options...
Mr. Beal Posted February 26, 2003 Report Share Posted February 26, 2003 FWIW It feels like the od magic isn't working. EOM tape paint, chart spins, short panic's etc.. As Pile pointed out the spikes just don't last as long as they use to... Add to that the major woodie in the energy pits. Nerves are wearing thin. I generally don't like longs but now its look more crazy than ever. Don't know dung! Link to comment Share on other sites More sharing options...
Downtick Posted February 26, 2003 Report Share Posted February 26, 2003 But watching this and yakking all day is a laugh... no offense, but some of y'all have become caricatures at this point calling every tape move.... A watched clock never moves Well said SG. Link to comment Share on other sites More sharing options...
DrStool Posted February 26, 2003 Report Share Posted February 26, 2003 But watching this and yakking all day is a laugh... no offense, but some of y'all have become caricatures at this point calling every tape move.... uhhh. That 's the point! From the red bearded guy with the horned helmet yet! Doc loves you SG! Link to comment Share on other sites More sharing options...
Guest Posted February 26, 2003 Report Share Posted February 26, 2003 .. Link to comment Share on other sites More sharing options...
rog Posted February 26, 2003 Report Share Posted February 26, 2003 Big (120k) risk reversal trade just printed in SMH options. Risk reversal trade = simultaneous purchase of puts and sale of existing calls at same strike Link to comment Share on other sites More sharing options...
Oyster Posted February 26, 2003 Report Share Posted February 26, 2003 Hey Oyster.... Ready to pick some screamers for the PM jamjob??? MMM, MSFT anyone?? Can we have some "TERD TRADER" hats distributed by Stoolville Enterprises for this exercise? HeeHee Link to comment Share on other sites More sharing options...
Downtick Posted February 26, 2003 Report Share Posted February 26, 2003 The market wants to cave, but it is going to make damn sure it has as many longs, and as few shorts along for the ride, when it does. The difference between the winners and the losers is patience IMO. Disclosure: Short 1,500 SPY @ 85.25. Link to comment Share on other sites More sharing options...
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