DrStool Posted May 6, 2003 Report Share Posted May 6, 2003 Well, what up with the Chambers Pot? Doc's closing market comment with tomorrow's upside cmaps. In Stooltrading. Join Doc and your friends in Stooltrading. One week trial $8.50. Info and instant access here. Link to comment Share on other sites More sharing options...
BartTheBear Posted May 6, 2003 Report Share Posted May 6, 2003 In line, of course. Shares starting to climb a little AH. Link to comment Share on other sites More sharing options...
MrHanky Posted May 6, 2003 Report Share Posted May 6, 2003 Went 100% short at the close. first trade in well over 2 months,not sure how long I will hold. Link to comment Share on other sites More sharing options...
Quicktrade Posted May 6, 2003 Report Share Posted May 6, 2003 CSCO headline will be spun very positive by crapvision. CSCO already has traded as high as 16.06 in AH. I'm thinking a futures jam of massive proportion in the am that will run for about 30 minutes to an hour and then down she goes for a close in the red by the close. Hopefully the indicators will hit extreme of extreme bullish so we can get every last buyer on board. Quicktrade Link to comment Share on other sites More sharing options...
Guest bullseatshitndie Posted May 6, 2003 Report Share Posted May 6, 2003 CSCO headline will be spun very positive by crapvision. CSCO already has traded as high as 16.06 in AH. I'm thinking a futures jam of massive proportion in the am that will run for about 30 minutes to an hour and then down she goes for a close in the red by the close. Hopefully the indicators will hit extreme of extreme bullish so we can get every last buyer on board. Quicktrade the end of this trend, albeit how short, will not come until we get a huge gap up at the open with a key reversal on the day. will csco be the reason this happens, i guess we'll find out tomorrow Link to comment Share on other sites More sharing options...
BartTheBear Posted May 6, 2003 Report Share Posted May 6, 2003 Still Short Q's from 27.55. What am I? Stoolpid. This is the top. No I guess not, but here it comes. No, not this time, but this is definately the top coming next, ah..... What do you call the opposite of catching a falling knife? Getting a plunger up the butt I guess. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted May 6, 2003 Report Share Posted May 6, 2003 Still Short Q's from 27.55. What am I? Stoolpid. This is the top. No I guess not, but here it comes. No, not this time, but this is definately the top coming next, ah..... What do you call the opposite of catching a falling knife? "A RISING SWORD" Link to comment Share on other sites More sharing options...
Slothrop Posted May 6, 2003 Report Share Posted May 6, 2003 VIX doji. Today, for the first time, I started to get that 360% feeling you get when you finally reach the top of the mountain. Link to comment Share on other sites More sharing options...
Injured Grizzly Posted May 6, 2003 Report Share Posted May 6, 2003 Still Short Q's from 27.55. What am I? Stoolpid. This is the top. No I guess not, but here it comes. No, not this time, but this is definately the top coming next, ah..... What do you call the opposite of catching a falling knife? Hari Kari? Link to comment Share on other sites More sharing options...
DrStool Posted May 6, 2003 Author Report Share Posted May 6, 2003 Link to comment Share on other sites More sharing options...
joe sixpack bundy Posted May 6, 2003 Report Share Posted May 6, 2003 Went 100% short at the close. ....don't blame you - i am short as well...... ......but look at the p/c ratios.......the whole community is buying puts!!!......doc may be right - pot. blow-off to 960 still in the cards......it takes B**** like an elephant to hang in there...... ......there are plenty of questions.......uncle buck is going south.....gold is up $ 2.30 on the electronic market ........bonds as well......that's not logical behavior.......uncle al has all the gates open.......flooding the market .......and equities.....up as well......waiting for the economic explosion....... .....it's late over here in switzerland......we'll see how the japs are trading on the back of their yen-strength..... .....maybe mark is right.....massive jam by big al.......keeps the equities up -----for a tiny bit longer......then ..... Link to comment Share on other sites More sharing options...
rog Posted May 6, 2003 Report Share Posted May 6, 2003 Whisper numbers on the street are for CSCO to raise guidance on Rev by 10% and earnings by 11%. Its early yet but the tone of this call does not sound like they plan on boosting guidance. Also beat by penny came from buyback of $2B worth of shares Link to comment Share on other sites More sharing options...
Guest Posted May 6, 2003 Report Share Posted May 6, 2003 Miners ended the day strongly after being weak all day. Someone out there sees them going higher and that generally means everything else is going to be weak. Today just may have been the May top. Gap up tomorrow and then down the tubes. IMHO Link to comment Share on other sites More sharing options...
Quicktrade Posted May 6, 2003 Report Share Posted May 6, 2003 CSCO headline will be spun very positive by crapvision. CSCO already has traded as high as 16.06 in AH. I'm thinking a futures jam of massive proportion in the am that will run for about 30 minutes to an hour and then down she goes for a close in the red by the close. Hopefully the indicators will hit extreme of extreme bullish so we can get every last buyer on board. Quicktrade the end of this trend, albeit how short, will not come until we get a huge gap up at the open with a key reversal on the day. will csco be the reason this happens, i guess we'll find out tomorrow I haven't seen any sign of a trend change yet. But I'm certainly no guru. I'm only looking to play for a correction at this point. Will have to wait and see how things shake out on the retest. The big boys are out to get the shorts and who knows what tricks they have up the sleeve. One thing that has me a bit concerned is the Dollar is due for a correction up and i'm wondering if it will draft the stock markets up with it or keep us in a consolidation area. Quicktrade Link to comment Share on other sites More sharing options...
Guest Posted May 6, 2003 Report Share Posted May 6, 2003 Scottcardiff - great contribution of your story to IDS today, enjoyed your wisdom. You made the right call over the weekend - a retracement, or a plunge, which everybody was expecting, would be too easy. This market has made it difficult to get in, even for those who wanted to be long. It looks like 980 is a real possibility. It's like '99 all over again: bears thought the market was overbought and waiting for the turn, bulls waited for the pullback to get in which never came, and the market just went straight up...that'll be the most nightmarish scenario for us now! Tim Ord just went long on Comp at the close. he's been all over the place - will he be right or be stopped out again? Mark what's your opinion. Link to comment Share on other sites More sharing options...
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