Guest Posted August 8, 2003 Report Share Posted August 8, 2003 But here's the key question. What man looks at shoes? No one. ?They all look at the breasts. That's news to me ... Seem's to be no shortage of foot-fetishists in NYC. In New York City, if you're one in a million, there are at least eight more like you here. :wink2: Link to comment Share on other sites More sharing options...
PileDriver Posted August 8, 2003 Report Share Posted August 8, 2003 What Mark and Summoner said about gold (PMs) is perfect. Bulls climb walls of worry and always try to shake out the weak handed. Same thing is being attempted to shorts in the broads. Stop loss (break even) alert set in my pager at a very loose point for cubes, let em whip it around all they want early next week...it'll peak quickly and head straight back down again. That I know for sure. Ride the trend, ignore the noise Link to comment Share on other sites More sharing options...
TheMotleyStool Posted August 8, 2003 Report Share Posted August 8, 2003 Everyone is hiding in the Dow.... hmmm, is that what they do when they think the economy is recovering, sell the "growth stocks" (tech) and buy consumer staples? Me thinks not. Link to comment Share on other sites More sharing options...
crooked_analyst Posted August 8, 2003 Report Share Posted August 8, 2003 What Mark and Summoner said about gold (PMs) is perfect. Bulls climb walls of worry and always try to shake out the weak handed. Same thing is being attempted to shorts in the broads. Stop loss alert set in my pager at a very loose point for cubes, let em whip it around all they want early next week...it'll peak quickly and head straight back down again. That I know for sure. Ride the trend, ignore the noise Yep, and when GS, MER, USB Warburg, Soundview, et al, start upgrading them after a a 200% rise from today, then you can worry. Link to comment Share on other sites More sharing options...
Hairy_Dent Posted August 8, 2003 Report Share Posted August 8, 2003 Recent events sure underscore the point made recently by Richard Russell. He observed that the majority in our society are looking for escape. Why deal with the drudgeries and responsibilities of life, when one can shop, watch movies and pro sports, play games, or follow pop culture? So now, when our most populace state, one with an economy larger than all but about 7 nations on earth, is in serious financial trouble, we Californians get excited over a slate of celebrities, irrespective of their ideas about how to solve the problems. It would just be fun to have another Reagan, Ventura, Bono, Eastwood, Clinton, etc. in office. It makes the political news even more entertaining. The cardinal sin of politics is to be boring. So that is the problem we will solve on October 7. The true problems? We stoolies get to cackle and kibitz about them for years to come! Link to comment Share on other sites More sharing options...
strikerm3 Posted August 8, 2003 Report Share Posted August 8, 2003 08/08/03 16:25:30 7.5961 7.21 7.37 -200 08/08/03 16:25:30 7.5961 7.21 7.37 0 08/08/03 16:18:26 7.5961 7.21 7.45 200 why does this happen sometimes? I dont understand......SSRI afterhours raw data Link to comment Share on other sites More sharing options...
TheMotleyStool Posted August 8, 2003 Report Share Posted August 8, 2003 Not only are people buying the "recession proof" Dow over the "growth stock" NASDAQ, even within non-tech look at what they are buying. Beer (BUD), paper (IP), baking soda (CHD), detergent (CLX) outpacing the Dow. http://www.quicken.com/investments/charts/...HD%2C+IP%2C+clx Tell me again how this is forecasting an economic expansion? Link to comment Share on other sites More sharing options...
PileDriver Posted August 8, 2003 Report Share Posted August 8, 2003 What Mark and Summoner said about gold (PMs) is perfect. ?Bulls climb walls of worry and always try to shake out the weak handed. Same thing is being attempted to shorts in the broads. Stop loss alert set in my pager at a very loose point for cubes, let em whip it around all they want early next week...it'll peak quickly and head straight back down again. ?That I know for sure. Ride the trend, ignore the noise Yep, and when GS, MER, USB Warburg, Soundview, et al, start upgrading them after a a 200% rise from today, then you can worry. when they issue a HUI ETF tracker then the FINAL BLOWOFF top is only 3-4 months away! Link to comment Share on other sites More sharing options...
TheMotleyStool Posted August 8, 2003 Report Share Posted August 8, 2003 The general S&P SPDR (SPY) is outpacing the Cyclical/Transportation Sector SPDR (XLY), but underperforming the "recession-proof" Consumer Staples Sector SPDR (XLP): http://www.quicken.com/investments/charts/...y%2C+xly%2C+xlp If the market is "forecasting a recovery," shoulding the transports be leading and the consumer staples be lagging? Link to comment Share on other sites More sharing options...
Guest Posted August 8, 2003 Report Share Posted August 8, 2003 Well, it will be interesting next week. Lots of retailers earnings are on tap. After this weeks glowing reports on retail sales picking up, it will be interesting to see what their bottom lines will be after deep discounts. Haven't shorted WMT yet, but will as soon as it shows weakness should be good to the 44-45 area. Link to comment Share on other sites More sharing options...
wndysrf Posted August 8, 2003 Author Report Share Posted August 8, 2003 Golds got pumped on some merger mania. GOLD trying to outbid AU for ASL. GOLD tanked, ASL and AU skyrocketed. GFI must be an aquisition target, explaining the late day surge. Someone is eyeballing that juicy dividend, which can be eliminated to save cash flow. Juniors will probably be the next ones to get bid up in a frenzy. ................................ JOHANNESBURG -(Dow Jones)- Randgold Resources Ltd. (GOLD, news), a London-listed exploration company, is expected to make a bid for Ghana's Ashanti Goldfields Ltd. (ASL, news), that trumps a bid by AngloGold Ltd. (AU, news), a person familiar with the situation told Dow Jones Newswires. Details are scarce, although more information is expected to be released within the hour. Link to comment Share on other sites More sharing options...
mjkst27 Posted August 8, 2003 Report Share Posted August 8, 2003 Golds got pumped on some merger mania. GOLD trying to outbid AU for ASL. GOLD tanked, ASL and AU skyrocketed. GFI must be an aquisition target, explaining the late day surge. Someone is eyeballing that juicy dividend, which can be eliminated to save cash flow. Juniors will probably be the next ones to get bid up in a frenzy. sounds good to me. boners are boners, breakouts are breakouts, doesn't matter what newsnoise is attached for the ride Link to comment Share on other sites More sharing options...
PileDriver Posted August 8, 2003 Report Share Posted August 8, 2003 Like a dumb ass I didn't buy CBJ @ 1.65 at low-risk daily stochastics area. Now 2.06 Link to comment Share on other sites More sharing options...
summoner Posted August 8, 2003 Report Share Posted August 8, 2003 Re China mart....they keep reporting sales up , retail spending up, same stores up etc but remember who Daboyz buy from....gotta expect the bottomline is taking a hit with the weakness in the dooolar. TRADE SAFE Link to comment Share on other sites More sharing options...
BudFox Posted August 8, 2003 Report Share Posted August 8, 2003 Took profits on GSS and ASL today. Still holding some ASL, BGO, CBJ, CDE & HL. I think we'll see silver miners make a late sprint early next week. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.