DICK BUTTkus Posted July 31, 2003 Report Share Posted July 31, 2003 2.4% isn't even what the economists would call "trend growth". ? It appears to me as if the orgy of borrowing and consuming has moved from the private sector to the government. Exactly. The federal government is still the top-rated credit in the country ... "risk-free," as the saying goes. Bubble II ends when Treasury debt is junk-rated. Plenty of time to party before then. Aye, and since the greenback is backed by uranium and plutonium its creditworthiness gets a bit more stretch than that of your average banana republic. Link to comment Share on other sites More sharing options...
Bearman Posted July 31, 2003 Report Share Posted July 31, 2003 All bull news all the time @ the TOP Link to comment Share on other sites More sharing options...
Darktrader Posted July 31, 2003 Report Share Posted July 31, 2003 if rallies again don't think it will be sold, if not LOB Link to comment Share on other sites More sharing options...
coboy Posted July 31, 2003 Report Share Posted July 31, 2003 What do you think ? Wound up like a spring and momentum is at rock bottom... Link to comment Share on other sites More sharing options...
PileDriver Posted July 31, 2003 Report Share Posted July 31, 2003 look at Nasdaq chart...painted into a corner. Any less trading range and the market disappears into thin air I vote for massive break to downside. Just going with the odds. Link to comment Share on other sites More sharing options...
Bearman Posted July 31, 2003 Report Share Posted July 31, 2003 s-p mk shot the new shorts and added new baby calves UGLY DOWN SETUP Link to comment Share on other sites More sharing options...
Stoolander Posted July 31, 2003 Report Share Posted July 31, 2003 my head is spinning with this price action No kidding ... a GAP and CRAP ... followed by a Bear TRAP (upside finger) ... followed by a GAP close on the S&P futures ... all in 37 minutes. Link to comment Share on other sites More sharing options...
Guest bullseatshitndie Posted July 31, 2003 Report Share Posted July 31, 2003 look at Nasdaq chart...painted into a corner. Any less trading range and the market disappears into thin air I vote for massive break to downside. Just going with the odds. that early move may have been a fakeout. short spx, long 10yr Link to comment Share on other sites More sharing options...
fxfox Posted July 31, 2003 Report Share Posted July 31, 2003 I'll think about that tonight when I'm at the playground with my kids or later on when I'm swimming laps at the public pool. exactly. I ask myself: What do the rich want more? The shrub and his pals cut taxes like there is no tomorrow, they can send their kids to harvard and so on, they can "buy" their own politician, they can live in white suburbs where the crime is only visible on TV. So when the state does spend it is a lose of wealth????? Yes, the rich have problems to get even richer, but for the poor and lower middle class it is hwelp to come out of the mess. Cutting taxes is ALWAYS good for the rich, it never helps the POOR. Link to comment Share on other sites More sharing options...
Bearman Posted July 31, 2003 Report Share Posted July 31, 2003 BULLYBEARS WIPE THAT SMILE OFF TIME TOO :cry: Link to comment Share on other sites More sharing options...
machinehead Posted July 31, 2003 Report Share Posted July 31, 2003 All bull news all the time @ the TOP A little anecdote from MH's birthday dinner last night. Friend of ours came over, who's a real estate agent. She has clients who are still looking for investment properties - buildings in village center with first-floor retail space and apartments upstairs. She said "nobody wants to be involved in the stock market; real estate is safer and you can sell it if you need your money back." Of course that's standard Realtor propaganda. But if her perception that (some) people are still negative on the stock market is correct, Bubble II could have a ways to go. At the top, everybody's bullish. Link to comment Share on other sites More sharing options...
strikerm3 Posted July 31, 2003 Report Share Posted July 31, 2003 KRY just opened up. Taking off big. Just loaded the boat averaging in. Awesome! 900% volume already!! Get it before it doubles! Link to comment Share on other sites More sharing options...
Stoolander Posted July 31, 2003 Report Share Posted July 31, 2003 I am heartened to see TICK has range of +872 to -774 ... at least the bears aren't the only ones panicking this am. Link to comment Share on other sites More sharing options...
Guest Icky Twerp Posted July 31, 2003 Report Share Posted July 31, 2003 I admire the resolute contrarianism here: to my simple mind, the occam's razor says AG has succeeded... he's successfully rotated bubble-to-bubble till the manufacturing has re-ignited - smoldering, anyway - even if it is mostly defense. I'll hang a while, but LOB sounds like whistling past the graveyard, to me. I guess Norman Vincent Peale is the guy for me now. Link to comment Share on other sites More sharing options...
GregFokker Posted July 31, 2003 Report Share Posted July 31, 2003 Happy belated, Machinehead! Link to comment Share on other sites More sharing options...
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