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#76 depends

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Posted 05 December 2002 - 11:55 PM

Pile, bear.wav

#77 phatbubble

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Posted 05 December 2002 - 11:57 PM

hey thx mjkst27.

4 am. just discovered the maximum emoticons per post. it's 20.

no, really, i promise.

night all.
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.

#78 PileDriver

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Posted 06 December 2002 - 12:04 AM

Nice and scarey bear.wav file. What the next few months are going to be like for sure.

Funny how everyone wonders why us bears are so "negative" and want to see this load tank. Hey, I can't wait to start hording stocks again for the long haul like back in 1982, but I'll be damned if I'm going to do it at these inane levels. If these jackasses, Al included, would just let go we could get the inevitable over with sooner but no, we have to drag it out kicking and screaming all the frick'n way down.

Don't blame us, blame the fools who pushed stocks up to bubble heights and refuse to let it correct.

Oh well!

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Posted 06 December 2002 - 12:06 AM

Another bearish one here....this is looking better every day! Just need a bit of acceleration now..

Agree B4 re collars/curbs..just gonna exacerbate the situation imo. Look what happened when market closed after Sept 11...soon as it opened, major dump. So it won't matter how often the circuit breaker kicks in, the market will fall to wherever it was gonna go in the first place.

Aheadsup, do you think we're incompetent? Add up all the years of experience on this board and it would be mind boggling. We're not looking for the end of the world here, just a good enough drop to make us some $..

I hope Bob's right re gold...been waiting for ages to see a spike to bring all the gold shorts to their knees..

#80 depends

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Posted 06 December 2002 - 12:09 AM

Pile, The price is right

Attached Images

  • price_is_right.gif


#81 Hiding Bear

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Posted 06 December 2002 - 12:15 AM

[quote name='aheadsup' date='Dec 5 2002, 09:31 PM']I've been lurking for a few weeks.  I want to say to those on the board who still maintain an overly bearish outlook that there might be one heck of a surprise waiting for you.
   [/quote]
[QUOTE]

C'mon. What makes you think I would have an overly bearish view. Just because I am big and furry, doesn't mean I'm always seeing things like a bear.

Anyway, does someone know where I could hibernate for the winter while I am waiting for the market to drop some more? :lol:

#82 PileDriver

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Posted 06 December 2002 - 12:17 AM

Hey Aussie, hows the land DOWN under doing - DOWN?! :lol:

Exactly, don't begrudge us of trying to make money on the downside if the upside is too risky or played out. Just follow the trends until they exhaust. Take it for whatever it gives you. You don't make money and trading decisions in the market by second guessing that this might happen which may or may not have an effect (good or bad) on the market - too complicated and it doesn't work that way anyway.

Root for RED!

#83 brian4

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Posted 06 December 2002 - 12:18 AM

Old Habits-I can believe in Santa but NEVER in AL! Now obviously you do believe in Al-but trust me they won't shorten your sentence for saying you do! On another note this plane crash in the Fed Bldg is strange-hot news in Floriday-yet dick on Cnn and Reuters??? Trade Safe!

#84 sheet4brain

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Posted 06 December 2002 - 12:31 AM

Hey Aussie, hows the land DOWN under doing - DOWN?! :lol:

Aussiebear doesn't seem to be around, perhaps she's enjoying a perfect Friday summer afternoon. Anyways, I'll give you the run DOWN on the ASX: The arrows on my blue-chip screen are all RED. The usual suspects are being sold: dem banks, Newscorp, Telstra.

#85 jraabe

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Posted 06 December 2002 - 12:33 AM

Here's a link to the plane crash... It is being downplayed.

http://www.miami.com...ald/4676263.htm

#86 PileDriver

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Posted 06 December 2002 - 12:36 AM

OldHabits, even if it goes down slowly I make buck$. One thing for sure, the high is in and if another one comes along it won't last but a day or two then its back down the hill again so to me it really doesn't matter. Just playing the odds for whatever she'll give and right now the upside odds suck! Right now its anywhere between horizontal to down hard.

That's how you play the game. You've got to be in it to win it. I may be wrong but more often I'm not. Losses are small and limited, gains are huge.

#87 The End

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Posted 06 December 2002 - 12:47 AM

It about that time again stoolies.

THE SWUP (Capitalstool and the Bearish Beat)

I wanna tell you 'bout Capitalstool and the Bearish Beat
It comes out of the Florida swamps
Cool and slow with plenty of precision
And a cycle narrow and hard to master

Some call it heavenly in its brilliance
Others, mean and ruthful of the bullish dream

I love the friends Stool has gathered together on this thin raft
We have constructed pyramids in honor of our escaping
This is the land where the poodits lied

The brokers in the forest, brightly feathered
They are saying, Forget the slide
Invest with us in forests of azure
Out here on the perimeter there are no 'sells'
Out here we is stoned - immaculate

Listen to this, I'll tell you 'bout the downwave
I'll tell you 'bout the downwave and the margin calls
I'll tell you 'bout the hopeless slide
The meager quotes on stocks forgot
I'll tell you 'bout the bonkers with wrought iron soul

I'll tell you this
No eternal reward will forgive us now for missing the top

I'll tell you 'bout Capitalstool and the Bearish Beat
Soft-driven, slow and mad, like some new language

Now listen to this, I'll tell you 'bout the Doctor
I'll tell you 'bout the Doctor's cycle lows
I'll tell you 'bout the hopeless night
Wandering the bullish dream
I'll tell you 'bout the bonkers with wrought iron soul


adapted from Jim Morrison's song, The WASP (Texas Radio and the Big Beat),
on The Doors album L. A. Woman, April 1971.

-----
Borrow and spend. Let inflation rip.

Machinehead.
NONE of what I type, should be taken as financial advice.

And when you loose control, you'll reap the harvest that you've sown
And as the fear grows, the bad blood slows and turns to stone
And it's too late to loose the weight you used to need to throw around
So have a good drown, as you go down, alone
Dragged down by the stone.


--Waters

#88 Old Habits

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Posted 06 December 2002 - 12:47 AM

Pile and Brian,
I've done pretty well the last few days but will stick with the Doc's theory's here. Still too many dip buyers and scared shorts out there. Will close out the puts and short positions tommorrow if SPX hits 900. Unless for some reason we go into a freefall, and I seriously doubt that is going to happen. I've seen this play before and been burned. :(

#89 brian4

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Posted 06 December 2002 - 01:00 AM

Old Habits-Now you're talkin-I can agree with that-but better if it hits 900 you place a tight stop and if it goes lower you make more money and you lower the stop again. You will learn over time to let your winners run and close your losers fast. What is important is the TREND and for now its locked and loaded DOWN. Keep your eye on the VIX and follow the big red arrow. trade Safe!

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Posted 06 December 2002 - 01:22 AM

Gold up overseas to $324.80; and the weekend approachith with the end of the Islamic religious celebration too.

I can't listen to Arch and I am not an E-wave subscriber, would someone mind reporting their recent thoughts on Gold ?





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