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The Giant Ball of Twine


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Once again, one of the Giant Balls of Twine from the tech stock heyday unravels.

 

Poor baldheaded Ballmer.

 

Now he will be reduced to fielding calls from angry investors and those pesky ambulance-chasing law firms like Milburg and Tweed or something.

 

Any wonder why Bill Gates has been unloading all this time?

 

No sweat off his back.

 

A staggering 525 million shares traded today.

 

Another Ball of Twine unraveled.

 

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Record weekly volume on the DJIA pushing on the highs.

 

Possible sign that a Weimar Run is now underway.

 

 

Mark:

 

I continue to be amazed at your "pigmen forensics".

 

The DWA pnf website has nearly all of the Profunds sectors funds on buy

signals. This is definitely bullish...or maybe near a top? We will see.

Anyway, I am jumping in with both feet for a week or two. Too much global

liquidity & FCB support .

 

 

Nuck

 

 

:P

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4:20 pm: The market closed mixed Friday as a disappointment from Microsoft sidelined recent optimism on the earnings front while renewed geopolitical tensions and mixed economic data further underpinned a sense of nervousness among investors.

 

Kicking off the last trading day of April on a downbeat note was a trifecta of discouraging news from Microsoft (MSFT 24.15 -3.10). As if missing Q3 (Mar) forecasts by a penny wasn't enough, the tech bellwether also warned for the current quarter and said its will spend roughly $2.0 bln more in fiscal 2007 than anal cysts expected in order to maintain longer-term growth. The disappointment not only sent the S&P 500's third most influential constituent to a new 52-week low, marking its worst one-day decline since 2000, but also erased about $33 bln in market capitalization.

 

If it weren't for a handful of positive anal cyst commentary, in particular, an upgrade on Citigroup (C 49.95 +1.80) from Piper Jaffray, and some leadership from the Energy sector +1.1% amid better than expected earnings from Chevron (CVX 61.02 +1.04) and a rebound in oil prices to help investors deal with the 2.3% drubbing in Technology, the market would have fared much worse. Crude oil prices, along with gold futures, jumped after the I.A.E.A. said Iran missed its deadline to stop enriching uranium in defiance of the United Nations; the commodity closed up 1.2% near $72 a barrel. Aside from some pre-weekend positioning providing additional buying support for commodities was another breakdown in the dollar, which hit its weakest levels against the euro since May 2005. Fed Chairman Bernanke signaling a "pause" in their 22-month tightening cycle yesterday coupled with today's mixed economic data helped knock the greenback down 4.0% for

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jickiss is back!

 

and

 

Dear M2Mers, well, it was about one week ago, or so, when Marky Mark himself suggested that GSS might have $100 gold, or whatever.

 

then,

 

another poster, (pls come forward again, for ewere Kudo, jickiss has trouble recalling your jickiss's name, so it is hard to recall who posted about GSS, but ewe sounded smart!) said that GSS had been shorted down, and maybe a cover could start someday....

 

so,

 

your jickiss bot some GSS today, "offa da chart" as some might say, and

 

your jickiss has a short term target of $5.00 or so on GSS.

 

paid around the 38 cent level today, and, for sure, it would be Very Cool if some miners short covering could start......(it ran strong into the close, was it Lance Lewis buying?????) do tell!

 

then, GSS could do more, and faster, too!!

 

regards to all!!!

jickiss!!!!!

 

here is the annoying GSS jickiss chart, dont forget to click to make it even bigger and more annoying......but, why can't GSS go to 5?????

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Nothing short of spectacular.....

 

You would NEVER, NEVER, NEVER see an oil stock trade this well.

 

 

Far too many expecting Housing to tank and take bankers down the Black hole, Lots of Oil stock goes up lot faster then those bank you mention.

Suits me fine...ramp up an "undiscovered" market like Dallas, maybe I could pocket six figures for 7 months of fixing-up...take the profit and buy a distressed property in Florida in the hurricane post-season... :rolleyes:

 

It's fun to play PigMan style...

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