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B4 the Bell, Humpday Sept. 1, 2004


Guest yobob1

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Curve ball..........

 

MARKET LESSON #6

 

........ every morning a bull awakens knowing that it must outrun the fastest bear if it wants to stay alive.

 

Every morning, a bear wakes up knowing it must run faster than the slowest bull or it will starve to death.

 

Moral of the story:

It makes no difference if you are a bull or a bear: when the sun comes up,

you had better be hauling ass. :D :rolleyes:

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I am starting to concede to the election. I do not think they can get this pig much higher, but perhaps they can keep things flat. One freaking thing after another, op ex, month end, statist convention, on and on.

The buchman re-election team can f-ck with everything.

 

So far it is amazing how they are just able to to a little here and a little there and just keep this sinking ship afloat.

 

I really thought that by August 15, they would lose control, but I am wrong.

 

I only have one thing to say.

 

"It is not getting any easier for the bush re-election team to do their magic."

 

I really hope that this week with the bushman love fest going on in full blast mode will be the finial high for them.

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Presidential futures have 58% chance of Bush winning.

 

http://www.intrade.com/jsp/intrade/contractSearch/

 

Anecdotally the hedge fund community appears to be nearly 100% certain that Bush wins second term. Just two weeks ago it was 60-70% Kerry. Hard to see the rational for the post convention bounce being expected when the bulk of traders are already positioned.

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