soup Posted August 20, 2004 Report Share Posted August 20, 2004 All those ticks and the freaking dow is up 65? With what the statist pricks threw at this pig, I will take today as a victory. Link to comment Share on other sites More sharing options...
lucid and confused Posted August 20, 2004 Report Share Posted August 20, 2004 And there it is QQQ=34.00 Link to comment Share on other sites More sharing options...
BearHugs Posted August 20, 2004 Report Share Posted August 20, 2004 And look at google. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted August 20, 2004 Report Share Posted August 20, 2004 Look at the 5 minute tick for the day Absoloutly incredible This was not about investing for the long term. All out unhidden screw the put holders Link to comment Share on other sites More sharing options...
3Martinis Posted August 20, 2004 Report Share Posted August 20, 2004 Looks like a typical day at the Grouse Grind. Spend all day climbing a hill just to puke up a lung at the end........ Link to comment Share on other sites More sharing options...
flockofsheeples Posted August 20, 2004 Report Share Posted August 20, 2004 cubes at 34...whooda thunk it. Link to comment Share on other sites More sharing options...
purdymouth Posted August 20, 2004 Report Share Posted August 20, 2004 Looks like a typical day at the Grouse Grind. Spend all day climbing a hill just to puke up a lung at the end........ effing classic Link to comment Share on other sites More sharing options...
soup Posted August 20, 2004 Report Share Posted August 20, 2004 gut feeling sez we could be down 500-700 dow points on Monday. Link to comment Share on other sites More sharing options...
DrStool Posted August 20, 2004 Author Report Share Posted August 20, 2004 gut feeling sez we could be down 500-700 dow points on Monday. Always the optimist. Link to comment Share on other sites More sharing options...
Guest Posted August 20, 2004 Report Share Posted August 20, 2004 Ridiculous day. None of the Boys who are thinking with their brains are buying this blatant manipulation. Shows an awful lot of desparation - and leaves a thinking human convinced that we must be in one hell of a big mess if this activity is required. We are one epic oil-related event away from the Treasury owning every share of stock for sale. United is dumping their pensioners overboard, and sending a signal to the rest of industry to do the same. Just the threat of removing this much income from the hands of pensioners will slam their wallets shut immediately as they wonder if they are next...and they are. Link to comment Share on other sites More sharing options...
Hypertiger Posted August 20, 2004 Report Share Posted August 20, 2004 Al says costly oil is like a rate hike. Therefore, if oil rises sharply, he doesn't need to raise rates. OK, I get it now. An astronomical increase in the nominal price of everything is like a rate hike. So there is no need for the Reichsbank to raise Reichsmark interest rates. Are you talking about the German hyperinflation? The current situation is far different. Al is not printing money and giving it away for free... In a debt backed by debt system the medium of exchange is debt...All the debt inflation of the past 50 years is the result of the perpetual deflation in interest rates... All the debt inflation is at the request of the consumers... When debt inflates fast enough rates drop...Until we hit the zero barrier which is zero but it is the point at which rates can drop no lower due to lack of volume...Then when debt does not inflate fast enough rates riise. Consumers eventually consume their ability to request debt... Then we move in reverse rapidly or a Hyperdeflationary implosion of the debt supply. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted August 20, 2004 Report Share Posted August 20, 2004 Great point Plunger Thinking outside the box. I have always believed the pension 10 sigma is the biggest problem facing America today. Seems as though we just got the warning shot across the bow. Many are truly frightened for their retirement as DB pension plans are not worth the paper there written on. As more realize they could be living in poverty come their retirement, the economy or whats left of it will implode. They can print all they want but when they start fighting fear you could offer negative interest rates and still few would spend. Link to comment Share on other sites More sharing options...
Howl Posted August 20, 2004 Report Share Posted August 20, 2004 Today was an obvious fade. Maybe too obvious. Time will tell. Link to comment Share on other sites More sharing options...
RockLedge Posted August 20, 2004 Report Share Posted August 20, 2004 And look at google. no wait,... don't tell me, ... beat by a penny? Link to comment Share on other sites More sharing options...
RockLedge Posted August 20, 2004 Report Share Posted August 20, 2004 Great point PlungerThinking outside the box. I have always believed the pension 10 sigma is the biggest problem facing America today. Seems as though we just got the warning shot across the bow. Many are truly frightened for their retirement as DB pension plans are not worth the paper there written on. As more realize they could be living in poverty come their retirement, the economy or whats left of it will implode. They can print all they want but when they start fighting fear you could offer negative interest rates and still few would spend. No way does Wall Struck let the baby boomers out alive. Link to comment Share on other sites More sharing options...
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