wndysrf Posted November 12, 2003 Report Share Posted November 12, 2003 Sorry, I was too transfixed by the market action today, so I'll have to borrow a couple of lines from some of the other Stool Pigeons. While the Cotillion Attendees (27-year old Fumble Managers) were busy HeatMapping the Large Breasted Wonders in front of the AMAT report tonight, some hotter action was to be had elsewhere. Gold, Silver, and the CRB broke out to new multi-year highs. Some simply stunning moves to be had in the gold and silver stocks, but you won't hear these moves reported on Crapview. They are too busy dryhumping the Parabolic Charts of the SOX flyers, in an attempt to Boner Up the market caps of Putnam, Alliance, and others to squeeze out another billion or so in market cap before the redemptions hit. Imagine that. We have end of month tape painting. And these guys have the nerve to throw their last .05% cash reserves at the tape to make sure they "generate cash" in order to handle the possible redemption streams. Who knows? May also be War Rally II unfolding, as bombs started falling in Baghdad today. Al Green has his hands full. Gold exploding, inflation accelerating, FNM and FRE teetering, Fukui jamming unable to get the dollar moving, Middle East unravelling, desperate T-Bone auctioneering, etc. So he throws in a couple Repo Blasts and starts hitting the futures with his buy button. Treasury auctions cannot succeed without the stock market moving north. Especially AMAT, the Leading Economic Indicator. Soup described today's action the best: No way there will be negative news out of AMAT, no way . They will say what all the bulls want them to say, why not? I am sure insiders have more to sell, and there are no repercussions for lying. Of course , how the market reacts is anyone's guess, but expect nothing but blue skies from sunny Jim Morgan. Why have bond auctions? The Fed buys all the paper, why not throw out the middle man? Over 25 +1000 TICK readings ( by my count), looks like the govt /Fed is worried about something. Something very bad is happening or about to happen, no way the government would be this obsessed with both the stock and bond markets otherwise. Why do I feel like I am locked in a Soviet prison cell, circa 1980, held at gunpoint and being forced to read all govt reports from the ministry of propaganda? Remember, Sunny Jim was most bullish in the Spring of 2000. How come the shills never ask about jumping John Chambers' live performance in Dec of 2000, claiming he has never been more optimistic? Sorry, back to reading the Pravda. Throughout the day, a buying panic ensued, as jrmfl put it a full blown TICK euphoria. "burning down the house". The Epic Battle between the Monetarists and the Austrians continues. So far, the Monetarists are losing, judging by the Scoreboard: The U.S. Peso However, Al Green isn't about to give up. Today's action resembles the battle scene in The Lord of the Rings Twin Towers, as mindless mechanized Robots stormed the stock market with buy tickets. Timing has been excellent for Al Green: Treasurys finish firmer after satisfactory auction ($TNX) by Rachel Koning CHICAGO (CBS.MW) -- Treasurys finished Wednesday's U.S. trade modestly higher after a respectable turnout for an auction of 5-year notes and expectations Thursday's 10-year offering will meet with similar solid bidding. A benchmark 10-year note closed up 8/32 at 98 23/32 to yield 4.40 percent vs. 4.44 percent. What better time to float some new 10-year T-Bone Promise Tickets the day after AMAT reports? Link to comment Share on other sites More sharing options...
anotherone Posted November 12, 2003 Report Share Posted November 12, 2003 Yes, we have no inflation. We have no inflation today. Link to comment Share on other sites More sharing options...
anotherone Posted November 12, 2003 Report Share Posted November 12, 2003 Classic shakeout on VXGN this morning. Link to comment Share on other sites More sharing options...
Ags Nightmare Posted November 12, 2003 Report Share Posted November 12, 2003 Looks like AMAT beat by a penny and is flopping around like a swordfish on the deck of the Andrea Gail right now. Ag Link to comment Share on other sites More sharing options...
Bird D Durr Posted November 12, 2003 Report Share Posted November 12, 2003 Looks like AMAT beat by a penny and is flopping around like a swordfish on the deck of the Andrea Gail right now. Ag What a surprise................Scammers just keep on scammin'........................... Link to comment Share on other sites More sharing options...
machinehead Posted November 12, 2003 Report Share Posted November 12, 2003 Across-the-board, mutually interlocking, mutually confirming, 7-year highs today: - Dec. 2003 Comex gold fuc-u-tures - HUI index of gold stocks (which soared to a massive 7.58% daily gain) - CRB index of 17 commodities (next target 263.80) It doesn't get any clearer than this. The world has changed. The deflation story is dead. After years of unfathomable credit creation, the inflationary chickens have come home to roost. And that does not support P/E ratios in the thirties. "Price leads the news." Watch and see. Link to comment Share on other sites More sharing options...
soup Posted November 12, 2003 Report Share Posted November 12, 2003 they did a PENNY?????? "Net income for the fourth fiscal quarter of 2003 was $15 million, or $0.01 per share, compared to a loss of $37 million, or $0.02 per share, for the third fiscal quarter of 2003, and down from net income of $147 million, or $0.09 per share, for the fourth fiscal quarter of 2002. " Link to comment Share on other sites More sharing options...
DrStool Posted November 12, 2003 Report Share Posted November 12, 2003 Your Closing Anals Intraday are now posted. Take a subscribatory, open it and download it RIGHT NOW, along with everything else in your Anals!? 15 Day Intro Subscribatory. Just $2.99! Get In RIGHT NOW! Link to comment Share on other sites More sharing options...
Ags Nightmare Posted November 12, 2003 Report Share Posted November 12, 2003 Soup, I'm reading the report and to be honest, I don't know what the F they made. Ag Link to comment Share on other sites More sharing options...
soup Posted November 12, 2003 Report Share Posted November 12, 2003 ags: proforma 6cents, big fuc*** deal, I made 10 million last year, pro froma. The real number, the one you willnot hear on shillvision is one freaking penny. Stock trades at 25 and earns a freaking penny! Link to comment Share on other sites More sharing options...
Guest Posted November 12, 2003 Report Share Posted November 12, 2003 I don't have a report- only a headline for CBSmarket...... I had expectation of 5c/share. Actual 1c/share Did they miss by 4c or am I reading it bad???? (I'm sure I am!) Link to comment Share on other sites More sharing options...
soup Posted November 12, 2003 Report Share Posted November 12, 2003 Sorry sunshine jimmy, a penny makes your stock worth south of 5 bucks. You can shill all you want on the c.c. but that quarter Sucked! Link to comment Share on other sites More sharing options...
wndysrf Posted November 12, 2003 Author Report Share Posted November 12, 2003 Who's got real time AH quotes? Where is AMAT trading?? Link to comment Share on other sites More sharing options...
rog Posted November 12, 2003 Report Share Posted November 12, 2003 Who's got real time AH quotes? Where is AMAT trading?? $25.43x46.... Link to comment Share on other sites More sharing options...
An Ant Posted November 12, 2003 Report Share Posted November 12, 2003 Per Yahoo 25.44 after hitting 26 on headline Link to comment Share on other sites More sharing options...
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