Guest Posted November 27, 2002 Report Share Posted November 27, 2002 12:30 PM Equity 0.55 Index 1.18 Overall 0.68 Link to comment Share on other sites More sharing options...
HardAssets Posted November 27, 2002 Report Share Posted November 27, 2002 Hi Doc. Is the 5 hour cycle on schedule, becasue if we get a pop up from here then uh oh Link to comment Share on other sites More sharing options...
PileDriver Posted November 27, 2002 Report Share Posted November 27, 2002 Tick,toc...tick,tock.....tick,tock... BLAM! Link to comment Share on other sites More sharing options...
fxfox Posted November 27, 2002 Report Share Posted November 27, 2002 i would prefer a monster style whopsaw, like dow 9200, one whopsaw after that we can say "ok, the clowns are in now" Link to comment Share on other sites More sharing options...
BearlyAlive Posted November 27, 2002 Report Share Posted November 27, 2002 Soup - everything I have read tells me that if the Fed is successful in in(re)flation that you want to be long the market. O/T regarding inflation:I lived in Argentina during the most incredible inflationary period (outside of WWII Germany) from 1976-1978. I remember seeing 212% rates demanded for loans and 186% rates paid on ONE WEEK accounts!!!! I remember people buying refrigerators just to have hard tangible goods. I also recall people begging to buy dollars from me (I stuck out in a crowd as a very obvious American) because they weren't allowed to have US Dollars in their possession. During my two years there, I used what they called, in order, old, new old, and new currencies. When I arrived there, a US Dollar was worth 250 pesos, when I left it was worth 13,500, and that doesn't account for the zeroes they knocked off it. My two cents here is that Greenspan is going to try to inflate himself and the US out of the tremendous debt crisis that the media conveniently ignores. I just cannot comprehend that with the statements that Fed Gov. Bernanke (sp?) made the other day that gold is not screaming higher. Can anyone explain to me how/why the VIX went GREEN on a day like this? What significance does that imply? I'd really like to figure that one out so any response would be appreciated. Link to comment Share on other sites More sharing options...
Charmin Posted November 27, 2002 Report Share Posted November 27, 2002 so what is it about that bullhorn formation - bearish you say - toot, toot Link to comment Share on other sites More sharing options...
PileDriver Posted November 27, 2002 Report Share Posted November 27, 2002 everything is collapsing fundamentally around us and the market is going mental to the upside. Kinda reminds me of the Titanic where the band just kept on playing through all the chaos and madness. This too will end like Titanic...100% sure it will. Link to comment Share on other sites More sharing options...
Goldmember Posted November 27, 2002 Report Share Posted November 27, 2002 It would seem that that some of the Treasury bond redemptions are finding a home in corporate bonds, at least temporarily. Sloshing around the toilet bowl seeking gains on capital. Can't last though. The smarter bulls should be thinking about making gains a reality by selling stocks. REAL ACTUAL profit for Thanksgiving bragging rights has got to be better than PAPER profit which is all these Pampalona fools have so far. Some suckers, the very last bastion of greater fools, will step in with a few long dollars Friday or Monday after listening to cousin Peter brag about his returns to date while they are all gathered round for their turkey feast. The real turkeys this holiday will be sitting in chairs! We need a barfing smilie! Link to comment Share on other sites More sharing options...
Injured Grizzly Posted November 27, 2002 Report Share Posted November 27, 2002 Well, I have dumped a bunch of NDX puts today and rolled out to March with 2 more SPX puts. Cleaned out a bunch of Weiss reco's too far out of the money while they were still worth something. I am impressed with this rally but still thinks it going down after Thanksgiving. Have a Happy Thanksgiving everyone. A very Injured Grizzly who is still twitching but wonders if it is the last gasp of a dying bear. They will have to pull this mouse out of my cold dead paws before I give up. Link to comment Share on other sites More sharing options...
Guest soup1 Posted November 27, 2002 Report Share Posted November 27, 2002 well if we get the hyperinflation so many are talking about, I will bet my krugs outperform your silly pieces of paper. Link to comment Share on other sites More sharing options...
richmtn Posted November 27, 2002 Report Share Posted November 27, 2002 this is the last push into Nov 29 or early Dec - for sure. This is monumental. This is an all out buying orgy of "I don't want to miss the [sinking] boat" mentality. Woooo, Hoooo Allllll Aboard !!! When the Ex-Lax kicks in it's going to be a double flusher. Link to comment Share on other sites More sharing options...
esahlin Posted November 27, 2002 Report Share Posted November 27, 2002 This big jam today looks like it will be on very light volume. We got some +1300 ticks this morning, Cramer is saying the economy is growing rapidly and is basically saying to buy anything. A slow grind up, the boys picked a great day to manipulate this piece of stool. The boys have the program trading black boxes tuned to ramp anytime the tick level dips to 0.... Plus its end of month window dressing. We'll see how much lipstick is left for Friday. Link to comment Share on other sites More sharing options...
Metamucil Posted November 27, 2002 Report Share Posted November 27, 2002 Is Buck going bull? The weekly chart says 'enjoy your sojourn here by da falling 30wkMA.....you will go down.' I hate pessimistic media. This day is much better.....and the shoppers will go ga-ga! Link to comment Share on other sites More sharing options...
Guest soup1 Posted November 27, 2002 Report Share Posted November 27, 2002 This thanksgiving is really going to suck! oh well. Link to comment Share on other sites More sharing options...
Fartpolio Manager Posted November 27, 2002 Report Share Posted November 27, 2002 Hmmm, do I go into FR flat or take partial today??? Link to comment Share on other sites More sharing options...
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