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To carry over from 'Intraday'.... when you are familiar with a sector of the market you kinda know which stocks will lead.

 

And don't tell me you are not a fundamentalist. You spend time tracking liquidity and you can't get more fundamental than figuring how much money is sloshing around.

 

I think young Dr. C has no patients (pun) doubt he could hold a mutual fund for a year.

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Told you weeks ago this guy knew all about the stock options scam at Apple!

:D :lol:

 

now its coming out he is the ringleader!!! :P

 

Apple Computer's stock options scandal took an explosive turn late Wednesday after a British newspaper reported that CEO Steve Jobs received 7.5 million stock options in 2001 without getting required approval from the company's board.

 

The Financial Times, citing people familiar with the matter, reported that records were later falsified to indicate that directors had OKd the grant to Jobs. Apple will disclose the false records in a regulatory filing by Friday, according to the newspaper.

 

Apple shares were changing hands for $79.05 in after-hours trading Wednesday, about 3 percent below the level at which they closed at the end of regular market hours.

 

Falsifying options documents is against the law, potentially subjecting those responsible to civil, and in extreme cases, criminal penalties. Several prominent technology executives, including the CEO of Santa Clara security software maker McAfee Inc., have lost their jobs because of misconduct related to stock options.

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Remember history teaches us that tranquility, peace and comparatively speaking, after minor humps in the road are traversed,will ome about: humps such as depressions,plagues and world wars,

 

Then when most of the world is prostrate we can get serious and start making love amidst the ruins.

 

But only after we understand what it was we've ruined and now are about to create.

 

I love that quotation about creating investment machinery so complicated that the creators became so slick that they wound up swindling themselves

 

The global economy is comforting in name only--its too far far ahead in complexity for the limited understanding of its creators to take intelligent action responsive to the inevitable emergencies it will create---read some of the so-called emergency preparedness wall street documents for an insight into that very complexity about which,when it hits the fan,nothing of a solution will come about in less than ten years.

 

The comforts of globalism will be fully realised when the realization that its not a game of innovative round ball we've been playing but cube (read three-dimenisonal square) we've been playing thinking delusionally that we'vve been occupying a sphere.

 

beardrech :ph34r: :ph34r: Using linear vectors where curves should have been installed is a major factor for the trouble we're in.Example:What a wonderful economy we've gotten ourselves into Stanley:We'rre going to make 55 million 600 h-power cars next year for a road system that permits only 12 milliion...

 

Ps I love the smell of 100 thousand auto rhinos idling in the morning on a non moving beltway,metllic bugs going nowhere fast, fanatical narcissists sucking on a tit perfectly centered on the steering column...

 

The next phase in the evolution of the automobile just prior to the millenium I label the Sarecenic perod--whatever car woth its weight will ghave to be appointed with whirling scimitars on each wheel thus enabling the dormant stuck-in-traffic 800 hp goliath to literally macerate its road-hogging competitors. Thus will the specie jeapordising die-off enable a decent residue of car-hugging mankind to breathe free at last;free at last.

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