wndysrf Posted May 15, 2003 Report Share Posted May 15, 2003 No changes. The most advertised 1991-style war rally is still in play, as perfectly predicted by Cramer, Kudlow, Hans Hans Hans Hans Brinker, and all the rest. Only in the U.S. Stock market is trading so easy. Buy the rumor, then buy the news. Every bottom is a real bottom. Tech stocks are bought before and after good news. Call buyers are always rewarded around Scam Week, before or after options expiration. Doesn't matter. The Matrix is managing the tape perfectly according to script. So far. Until there is an unexpected Robot Failure. Still waiting. Maybe someone can dig up the news stories around the March 2000 top. What triggered the big selloff? Link to comment Share on other sites More sharing options...
Stoolander Posted May 15, 2003 Report Share Posted May 15, 2003 Bob Piss-on-me idiot statement of the day: "Volume going into up stocks far exceeding volume going into down stocks" ... that would be known as a TRIN < 1.0 Bob <_< That has been the case at least 75% of all trading days since the "March Low" Link to comment Share on other sites More sharing options...
wndysrf Posted May 15, 2003 Author Report Share Posted May 15, 2003 March 2000 "Cliggott has been cooling off on the tech sector since earlier this month, and now he's telling Japanese investors that tighter interest rates in the U.S. could dry up liquidity and hit the technology-laden Nasdaq market soon." Note the key words. No sign of liquidity drying up yet.... Link to comment Share on other sites More sharing options...
The End Posted May 15, 2003 Report Share Posted May 15, 2003 http://www.capitalstool.com/forums/index.p...17&t=2525&st=0& Getting close. I hope. Link to comment Share on other sites More sharing options...
Guest Posted May 15, 2003 Report Share Posted May 15, 2003 Just listened to Mike Dell completely sidestep the issue of the economy. Would only talk about Dell's expanding business. Hummm Link to comment Share on other sites More sharing options...
wndysrf Posted May 15, 2003 Author Report Share Posted May 15, 2003 Attn: Riverboaters Avoid the pain of short selling, where your problem becomes BIGGER, not smaller if you make a mistake. Get long gold or oil servce stocks. Too much selling, too much fear about another "top" in place. Be prepared for HMY, GFI, and DROOY. After a relentless decline, these might be in for a NCEN or CTX style multi-month boner run to new highs. Looks like the same pattern. A head and shoulders decline that got too heavily shorted, now a massive squeeze will ensue. Link to comment Share on other sites More sharing options...
DrStool Posted May 15, 2003 Report Share Posted May 15, 2003 It's over. Link to comment Share on other sites More sharing options...
Guest Posted May 15, 2003 Report Share Posted May 15, 2003 Any update from INTC mid-quarter call? Double Whammy for bulls? Link to comment Share on other sites More sharing options...
PileDriver Posted May 15, 2003 Report Share Posted May 15, 2003 "Buy the rumor, then buy the news." Link to comment Share on other sites More sharing options...
wndysrf Posted May 15, 2003 Author Report Share Posted May 15, 2003 Doc: Remember when MMM broke out? Then reported earnings a week later? Then collapsed?? Remember SBUX breaking out? Same thing happened. Could be a repeat with DELL. Maybe this last boner extension is really one giant "throwover fakeout". Seem to get a lot of these lately. Link to comment Share on other sites More sharing options...
DrStool Posted May 15, 2003 Report Share Posted May 15, 2003 The fabulicious symmetroniousness of this top could not be more felicitous or felonious. Link to comment Share on other sites More sharing options...
DrStool Posted May 15, 2003 Report Share Posted May 15, 2003 Just the charts m'am, just the charts. Link to comment Share on other sites More sharing options...
anjing bau Posted May 15, 2003 Report Share Posted May 15, 2003 Attn: Riverboaters Avoid the pain of short selling, where your problem becomes BIGGER, not smaller if you make a mistake. Get long gold or oil servce stocks. Too much selling, too much fear about another "top" in place. Be prepared for HMY, GFI, and DROOY. After a relentless decline, these might be in for a NCEN or CTX style multi-month boner run to new highs. Looks like the same pattern. A head and shoulders decline that got too heavily shorted, now a massive squeeze will ensue. hey slick .... try this pick... ... some one else can fill in the words.... SA miners move is a function of the RAND/USD exchange rate... as per microdon in IDS Link to comment Share on other sites More sharing options...
rog Posted May 15, 2003 Report Share Posted May 15, 2003 It's over. Not to late to get AUG $30 Puts for $1.05 Link to comment Share on other sites More sharing options...
anjing bau Posted May 15, 2003 Report Share Posted May 15, 2003 King o' the drillers in canuckistan.......... Hank Swartout is well connected in the patch to boot...... Link to comment Share on other sites More sharing options...
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