me too, its very soothing. I replay it a few times - very therapeutic, especially after going through that "Idiot's Rally".
I love to listen to Arch speak- particularly when he's singing our tune.
Quaalude Cloud Gas
99 replies to this topic
Posted 05 December 2002 - 10:43 PM
Posted 05 December 2002 - 10:44 PM
Aheadsup-after reading and considering your post-my concern is what and where you have your headsup!
Posted 05 December 2002 - 10:49 PM
do you know something....
....that we don't?
Quod Severis Metes
Your life is the sum of a remainder of an unbalanced equation inherent to the programming of the Matrix. You are the eventuality of an internal anomaly, which despite my sincerest efforts, I have been unable to eliminate from what is otherwise a harmony of mathematical precision. While it remains a burden assiduously avoided, it is not unexpected, and thus not beyond a measure of control. Which has led you, inexorably, here.
You haven't answered my question.
Quite right. Interesting. That was quicker than the others.
Posted 05 December 2002 - 10:52 PM
Good one B4.
Then I suppose if we're too convinced we should go dong then?! Either way there's risk, there's ALWAYS RISK, that's what stops are for so who cares.
Odds baby, odds.
I expect a huge rally to develop sometime in spring of 2003 but that is far off, this is now. I swing with the indicators and listen to the tape and what Mr Marke is saying N-O-W, not the could be news, etc. Right now its not looking good. It was a week or two ago but not now. I'm not going to change tactics b/c this or that MIGHT happen.
Jerry, right now I'm playing it with bear funds (not individual shorts yet), depending on how things develop I expect to become, like Arch, more aggressive around early Jan (after the obligatory Santa Clause foolish nonsense rally) and then I'll put together a shortfolio. Should be fun to watch whatever trash I put in it go down the tubes.
Richmtn, like the QQV graph. Very true, it does tend to be an inverse indicator with coincident signals.
Posted 05 December 2002 - 11:03 PM
Com'on, keep spending. Our economy and all the bulls are depending on your milk
Posted 05 December 2002 - 11:11 PM
Look at Al go! I love it. Where do you get those animated GIFs?
Posted 05 December 2002 - 11:18 PM
Aheadsup--This market decline has NOTHING to do with Iraq, war, 911,et al. And EVERYTHING to do with money supply,easy credit, overextended consumers and just all in all damn lousy financial policy for the last ten years. Read a book--educate yourself. Or better yet, subscribe to Doc.
Posted 05 December 2002 - 11:27 PM
My guess is that UAL will put out the information on Sunday about a Chapter 11 bankruptcy filing.
Just a guess...
Posted 05 December 2002 - 11:36 PM
Check out Drudge...someone flew their plane into the Miami Fed building. Weird!
Posted 05 December 2002 - 11:41 PM
Looks like this site is all giddy again about a couple of down days. Just read the Doc, and what he says fits the sentiment here perfectly. Unless there is an unnatural, external event tommorrow, it will be time to cover again. There is no way there will be a big down move before the end of the year unless we get an external event. Even then, it may not matter. Al will save the holidays. Take it to the bank.
Posted 05 December 2002 - 11:42 PM
Pile, VV just gave a confirmation sell via my excel interface.
The 2day moving average (ma) of the MTI has crossed down
over the 5day ma yesterday and crossed the 9day ma today.
Doc had it figured days ago. Glad I shorted when Doc said it
was ok. If I had waited for this I would have missed the last three days.
Posted 05 December 2002 - 11:51 PM
Thanks for the update
Also, its falling from an unusually high unsustainable reading of 1.60 which only ocurrs at major market tops. Market conditions afterwards are always abysmal when that happens, and to boot the BSR was also outrageously high at ~3.0. Same implications.
I front ran it too b/c of Doc but even if you didn't there's plenty of time ahead to profit from it. This decline is going to stick, and stick for a loooong time.
I'm staying in BEARX until MTI/BSR hit the south extreme. That could be months from now.
Posted 05 December 2002 - 11:55 PM
Consider the ramifications if the following scenario unfolded early next year:
Your Aunt got balls and became your Uncle.
This scenario seems more likely to me.
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