wndysrf Posted May 27, 2003 Report Share Posted May 27, 2003 Need we repeat?? The Stock Market is the Economy. AMAT is the Stock Market. Therefore, AMAT is the economy. Fresh new highs on many of the SOX leaders. Internuts going parabolic. Biotechs not far behind. Once again, the easiest money ever made in the stock market. Don't miss your second chance to participate in the Second Greatest Stock Market Mania of All Time. Link to comment Share on other sites More sharing options...
BartTheBear Posted May 27, 2003 Report Share Posted May 27, 2003 Well that pretty much blows out the highs from two weeks ago. Where is that multi-year neckline anyhow? 960ish? Link to comment Share on other sites More sharing options...
wndysrf Posted May 27, 2003 Author Report Share Posted May 27, 2003 Bearish engulfing on gold, Treasuries and Euro? Bullish engulfing on Uncle Buck? S&P closed above 950. Major breakout in the SOX, some of the moves were stunning, such as a $5 intraday reversal in CYMI. Link to comment Share on other sites More sharing options...
Sphinxter Posted May 27, 2003 Report Share Posted May 27, 2003 I think it's things like THIS that are driving the near panic to reflate the stock market. As economic fears creep higher, dreaded 'D' word lurks in wings By John Waggoner and Adam Shell, USA TODAY The four horsemen of the Depression aren't here yet, but you can hear the faint hoofbeats of at least three of them. Unemployment, now 6%, is up from 3.8% in April 2000. Prices for many goods and services are falling, both here and abroad. Japan is in a decade-long deflationary recession, and Germany is close to joining it. Financial collapse, of course, is conspicuously absent When USA today is saying DEPRESSION, you can't be too agressive in jamming the market! Link to comment Share on other sites More sharing options...
Guest Posted May 27, 2003 Report Share Posted May 27, 2003 Does anyone know if BB is not short anymore? Link to comment Share on other sites More sharing options...
Guest alex Posted May 27, 2003 Report Share Posted May 27, 2003 OEX, natural gassers up 2% today, too. Maybe everything's going up together?? Link to comment Share on other sites More sharing options...
richmtn Posted May 27, 2003 Report Share Posted May 27, 2003 The Bulls have the bit between their teeth. Link to comment Share on other sites More sharing options...
Guest Posted May 27, 2003 Report Share Posted May 27, 2003 First day of the trading week lately has been THE hot day for making a move. Last Monday was what -- 185 points down on the DOW? Then da boyz let the big move unwind the rest of the week. Will it hold true this week? Link to comment Share on other sites More sharing options...
Sphinxter Posted May 27, 2003 Report Share Posted May 27, 2003 Days like this, I think it's important for everyone to get out their stack of Krugerrands and arrange them in little piles on the desk. Occaisionally you may elect to flick one in the air to hear the 'tinging' sound it makes. Very musical. We only have two outcomes now. The US gubbermint defaults on its obligations or hyperinflation. And there's no way we default. Hence the stack. Also, try not to enter a fixed-income situation as you'll get financially creamed in the coming years. Again, thanks Al. Very compassionate of you. Link to comment Share on other sites More sharing options...
Stutz Posted May 27, 2003 Report Share Posted May 27, 2003 Does anyone know if BB is not short anymore? Unclear. He did aknowledge closing out "a" short. Trying to think optimistically (for a bear), I have to think a certain amount of "event" risk was priced into the market coming into this holiday weekend. At least part of today was a nothing-very-big-blew-up rally. (Or at least not much we're being told about ) Link to comment Share on other sites More sharing options...
Tchaikofsky Posted May 27, 2003 Report Share Posted May 27, 2003 Cyberonics Reports Record Q4 and FY03 Results and Raises FY04 Guidance Tuesday May 27, 4:00 pm ET HOUSTON, May 27 /PRNewswire-FirstCall/ -- Cyberonics, Inc. (Nasdaq: CYBX - News) today reported financial results for the fourth quarter and fiscal year ended April 25, 2003. . . . Net income for the fourth quarter totaled $4.0 million, or $0.17 per fully diluted share, compared to net loss of $6.9 million or $0.32 per fully diluted share for the quarter ended April 26, 2002, increasing by $10.9 million, or $0.49 per fully diluted share over the same period last year. Net income for the fiscal year ended April 25, 2003 totaled $5.2 million or $0.22 per fully diluted share, compared to net loss of $26.1 million or $1.21 per share for the fiscal year ended April 26, 2002, increasing by $31.3 million, or $1.43 per share over last year. ===================== AH Quote: 16:33:44 CYBX $20.60 -3.45 Link to comment Share on other sites More sharing options...
Pico Posted May 27, 2003 Report Share Posted May 27, 2003 Does anyone know if BB is not short anymore? He still believes that the market will be lower in July so he keeps his SPX July puts without adding to them and has cut losses on some individual stocks he had been shorting since a while. In his opinion there will be a possibly safer entry point to add more shorts in early June. Link to comment Share on other sites More sharing options...
wndysrf Posted May 27, 2003 Author Report Share Posted May 27, 2003 In today's Stooltrading, 934 was the magic number. Once we passed that all shorts were closed and longs were opened. Link to comment Share on other sites More sharing options...
Crapper John Posted May 27, 2003 Report Share Posted May 27, 2003 OEX, natural gassers up 2% today, too. Maybe everything's going up together?? Almost bot CRK this morning. Should have, up 4.42%. Its a couple pennies below $13, looks clear to $15. Any better plays in this arena? Link to comment Share on other sites More sharing options...
The End Posted May 27, 2003 Report Share Posted May 27, 2003 I was wrong on Friday about today. http://www.capitalstool.com/forums/index.p...=ST&f=17&t=2651 Ten or twenty more days like today and I will have to start thinking new bull. :wink2: Still looking for low 900 area for a pull back. FWIW Link to comment Share on other sites More sharing options...
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