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OK Folks, I Finally Got The Hint!


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#16 rog

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Posted 06 March 2003 - 01:53 PM

Anybody know what time Saddam and Osama surrender?...or should I just assume that it'll be at the close of Comex?

Speaking of Binny, a lot of trading desk rumors that he will be captured soon. Fox news was showing a piece speculating on his wearabouts using information from the other clown they captured last week. Not sure which one is driving and which one is pulling the cart. Food for thought.

#17 AgentSmith

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Posted 06 March 2003 - 01:55 PM

Today's chart reminds me a few words of wisdom from good ole Mr. Livermore. Sorry if OT / too long...applicable to the trading environment imo.

"A stock which it is desired to distribute should be manipulated to
the highest possible point and then sold. I repeat this both
because it is fundamental and because the public apparently
believes that the selling is all done at the top."

"It is perfectly astonishing how much stock a man can get rid of on a decline."

"This semisucker is the type that thinks he has cut his
wisdom teeth because he loves to buy on declines. He waits for
them. He measures his bargains by the number of points it has
sold off from the top."

AgentSmith

#18

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Posted 06 March 2003 - 01:55 PM

Fight going on at 1300, 980, 820 etc.

Is that H&S on crap at 1300 neckline?

Also, falling wedge on Jokes and Spoos?

#19 gruff

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Posted 06 March 2003 - 01:56 PM

Sweef: SOX will not stop falling.

Multiple 900+K offers in SMH, right after NSM earnings came out at 12:35

Reuters
National Semi Posts Loss After Charges
Thursday March 6, 12:30 pm ET

SANTA CLARA, Calif. (Reuters) - Chipmaker National Semiconductor Corp. (NYSE:NSM - News) on Thursday reported a third-quarter net loss after severance and other charges that was slightly narrower than its year-earlier loss.

The company said fourth-quarter revenue would rise 4 percent to 7 percent from the third-quarter level.

The company posted a third-quarter net loss of $36.4 million, or 20 cents a share, compared to a loss of $37.8 million, or 21 cents a share, a year earlier.

Revenue for the quarter rose to $404.3 million from $369.5 million a year ago, the Santa Clara, California-based company said, adding that it forecast revenue between $420 million and $432 million for the fourth quarter.

#20 machinehead

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Posted 06 March 2003 - 01:56 PM

going to shower and dress soon and make the trek to nyc for the get together.

the end is driving in from pitts pa, i hope he makes it in time. major snow falling here in north jersey.

everybody still coming??

Snowing like hell in Rockland County - about 4 inches so far.

Gonna have to DIG OUT and do some FOUR WHEELING to attend the stock proctology study group this evening.
"GOLD -- it's not just for misers anymore."

"Dollahs -- fire-starters for the K-wave winter." - Drano

"Three humps and a dump." - anotherone, 21 SEP 2004

"No gold was harmed in the making of this movie." - Bizarro Greenspan

[i]"Da Track. Da place where Morons bet on Animals Controlled by Criminals."
- our jickiss

#21 sweefraapp

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Posted 06 March 2003 - 01:58 PM

Tanks for the info rog: SOX bounced alright.
Should be an interesting day.

#22 Lethal Dose

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Posted 06 March 2003 - 01:59 PM

going to shower and dress soon and make the trek to nyc for the get together.

the end is driving in from pitts pa, i hope he makes it in time. major snow falling here in north jersey.

everybody still coming??

Gotta say I really wish I could be back in my favorite town for the Big Stool Throw Down tonight but I just couldn't make it happen this time. Maybe necktie. Is it just the East Coast stoolies who are up for face time, or can we get a West Coast Division confab together sometime? Myself and Mr. Beal live in Everybody's Favorite City (or as the late great Mr. Caen used to call it, Bhagdad by the Bay) and I know we got a few SillyCon Stoolies out there. Whaddya say Mark, are you up for ditching Tinseltown for a little R&R up North? Anyhoo, y'all have fun in the Big Apple tonight and we'll look forward to the post-mortem tomorrow.

#23 Oyster

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Posted 06 March 2003 - 02:00 PM

We'll know within days which way they will steer this ship. Right into the abyss or straight up to the moon. Up or Down? I could really care less!  


Unfortunately, there's another alternative, and I think it's the one we're gonna get.

Important comment on this in Anals mid-day update.

:wink2:

#24 Guest_bullseatshitndie_*

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Posted 06 March 2003 - 02:00 PM

regarding the post on the yen, i agree. prices are at the long term dt line from the 1994 high w/ an inverted h&s bottom. w/ the jap's one of the largest owners of treasuries, does this portend a potential top in bonds? if they are going to take their $$ home, would think they would sell bonds.

#25 DrStool

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Posted 06 March 2003 - 02:01 PM

You NY area stoolies, don't forget the NYCASS meeting tonight. Mousey- Give them the details!

Yo- Tig! Homey! Doc is thinking of having a stoolie brunch at the Reading Terminal Market. We'll start with a Scapple and sausage breakfast at the Dutch kitchen, then cheesesteaks wid onions from Oliveiri for lunch, and Bassets ice cream for dessert.

You guys don't know good eatin' till you've been to the market. Bassett's is actually frozen flavored butter with a little air mixed in. And those PA Dutch girls at the breakfast counter actually are mind readers. Have your order in front of you before you even sit down.

Best scrapple in the world right there.


mmmmmm scraaaaapple.

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#26 GregFokker

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Posted 06 March 2003 - 02:01 PM

Fokker sure wishes he could be there. Damn, if only I'd covered at the Feb low :cry:

...A declining spenglerian carnival of Colossaalism united with Inflation where the numbers one through 10 are forever banished as worthless arithmetical detritus from a bygone age... - Beardrech

Naturally we believe the govt numbers... and Boobus Americanus sleepwalks off the edge of the energy-crisis cliff clutching his shares of "Crisco", Yoohoo and GooGah munching on his Yum Yums and Ho Hos. Future historians will have a hell of a time figuring out what the hell Americanus neanderthalus was thinking and exactly what brought on his sudden demise... - Henny Penny

Well, good night everyone. I gotta go lube up for tomorrow's regular end-of-week Gold Slapdown and Stock Index Bear Punishment Rally Weekend Greenprint. ...Probably another Shock-and-Awe Gap-Up-Open and Wire-to-Wire Meltup Runaway Bull Charge Mo-Mo Spike to Fresh New All-Time Lifetime Highs, culminating in a 4:15 yelping scalded dog runoff with panic short-covering and legal not-held bad double fills due to fast market conditions, plus quote system freeze-ups and trading platform lock-outs along the way. *yawn* typical gov't Friday. - Shorty


#27 K Wave Rider

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Posted 06 March 2003 - 02:03 PM

Fokker,

Re: Iraq Oil wells.

Went to IRNA site quoted as source. No news of it there.

#28

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Posted 06 March 2003 - 02:04 PM

..

Attached Images

  • index03061200.gif


#29 GregFokker

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Posted 06 March 2003 - 02:05 PM

Could well be that the russian webpage was inaccurate. Never heard of that source before.

...A declining spenglerian carnival of Colossaalism united with Inflation where the numbers one through 10 are forever banished as worthless arithmetical detritus from a bygone age... - Beardrech

Naturally we believe the govt numbers... and Boobus Americanus sleepwalks off the edge of the energy-crisis cliff clutching his shares of "Crisco", Yoohoo and GooGah munching on his Yum Yums and Ho Hos. Future historians will have a hell of a time figuring out what the hell Americanus neanderthalus was thinking and exactly what brought on his sudden demise... - Henny Penny

Well, good night everyone. I gotta go lube up for tomorrow's regular end-of-week Gold Slapdown and Stock Index Bear Punishment Rally Weekend Greenprint. ...Probably another Shock-and-Awe Gap-Up-Open and Wire-to-Wire Meltup Runaway Bull Charge Mo-Mo Spike to Fresh New All-Time Lifetime Highs, culminating in a 4:15 yelping scalded dog runoff with panic short-covering and legal not-held bad double fills due to fast market conditions, plus quote system freeze-ups and trading platform lock-outs along the way. *yawn* typical gov't Friday. - Shorty


#30 Oyster

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Posted 06 March 2003 - 02:06 PM

POR 818.50 SP00 if weak/early....this is crap weak.......hoping for more of a rally.....watching





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