Jump to content


Photo

Pre-Crash Warning


This topic has been archived. This means that you cannot reply to this topic.
350 replies to this topic

#16

  • Guests
  • 0 posts

Posted 04 April 2003 - 06:18 PM

More terrible economic data, then Sadam appears on TV (apparently still alive) and threatens a "nonconventional surprise" for our boys at the airport in Baghdad tonight, and the markets don't budge. The manipulation is so obvious. What a Prop-Job.

Then Dubya waits until after the markets close on a Friday to send down an edict that we are now going to impose a quarantine on any SARS cases in the United States.

There are simply too many forces arrayed against the markets for a rally from here. I'm not buying it.

Plunger

#17 Hypertiger

Hypertiger

    Assistant Professor of Stock Proctology

  • Banned
  • PipPipPipPipPip
  • 3,270 posts

Posted 04 April 2003 - 06:24 PM

Fear is the ultimate tool...
"We are completely dependant on the commercial banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money (at the request of the consumer) we are prosperous; if not, we starve. We are absolutely without a permanent money system.... It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon." --Robert H. Hemphill, Atlanta Federal Reserve Bank,1938...

#18

  • Guests
  • 0 posts

Posted 04 April 2003 - 06:29 PM

More terrible economic data, then Sadam appears on TV (apparently still alive) and threatens a "nonconventional surprise" for our boys at the airport in Baghdad tonight, and the markets don't budge. The manipulation is so obvious. What a Prop-Job.

Then Dubya waits until after the markets close on a Friday to send down an edict that we are now going to impose a quarantine on any SARS cases in the United States.

There are simply too many forces arrayed against the markets for a rally from here. I'm not buying it.

Plunger

Quarantine? :o Just another great reason to pump, ramp and jam. There is no problem out there that the Greenman can't fix with the printing press. :D

#19 machinehead

machinehead

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 13,180 posts

Posted 04 April 2003 - 06:31 PM

Many traders simply do not dress for success. This deficiency is easily corrected ...

Posted Image

Source
"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

#20 GregFokker

GregFokker

    Dean of Stock Proctology

  • Moderators
  • PipPipPipPipPipPipPipPipPip
  • 15,013 posts

Posted 04 April 2003 - 06:33 PM

I'm still fully long the miners, long term position. But does the daily chart someone posted above not look to be sporting an upside down cup and handle printed on the last few daily candles? I hope I'm wrong.

...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


#21 GregFokker

GregFokker

    Dean of Stock Proctology

  • Moderators
  • PipPipPipPipPipPipPipPipPip
  • 15,013 posts

Posted 04 April 2003 - 06:37 PM

Sideline cash is becoming less stable, as a higher percentage of cash circulating inside the Atomic Particle Accelerator is speculative airball pro-forma money dependent upon the maintenance of promises, risk model outcomes, and sustenance from Al Greenís Repo Blasts. Trading blunders, cash calls, and evaporation of wealth from debt wipeouts are being masked by hot money being mainlined into the Accelerator.

You're the shit, Mark! :lol:

...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


#22 Guest_The CoinGuy_*

Guest_The CoinGuy_*
  • Guests

Posted 04 April 2003 - 06:44 PM

GF,

Saw that, but felt it wasnt close enough(to mention) when the next day we busted through the DT line with style. I have issues with those small cup-n-handles too, been burned there once or twice(smile).

Have a good weekend all, heading out...

The CoinGuy

#23 wndysrf

wndysrf

    Dean of Stock Proctology

  • Banned
  • PipPipPipPipPipPipPipPipPip
  • 34,219 posts

Posted 04 April 2003 - 07:02 PM

GF and Coin Guy

As usual, the market is excellent at fakeouts. Just when you spot a "cup and handle", it goes the other way. So gold might surprise us.

Don't forget to check out Puplava's "Bullish on Things" article posted a few days ago.

I remember buying NEM last year near the lows, thinking that it hit bottom. It went up, then reversed down to hit a print $1.50 lower than I bought it.

I almost bailed.

Luckily I didn't. It ended up creeping to the upside in a stealth manner, while nobody was paying attention.

You know the rest of the story.

Right now, the SPY and QQQ look awfully bullish. Consolidating on light volume, many stocks hitting new highs, looks like a massive breakout is imminent. I experienced the same thing during last year's March Madness, convinced that the Nasdaq was going to 2100 and that the bear was over. I almost loaded the boat with longs. I had shorts on BRCM at $52, SEBL at $42, VRTS at $46, INTC at $26, etc. and I was so close to closing them and switching to the long side.

Lucky I didn't. Now you know the rest of the story.
PigMen Proprietary Trading Desk

The Weimar Run: Bullphoria!!!!

#24 chibear

chibear

    Bachelor of Stock Proctology

  • Members
  • PipPip
  • 748 posts

Posted 04 April 2003 - 07:02 PM

Inspired writing.

Thanks, Mark.

#25 phatbubble

phatbubble

    Associate Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPip
  • 4,331 posts

Posted 04 April 2003 - 07:06 PM

Bradley Cycle Here:

Stock index not updated, but future cycle turns are graphed.

April to July looks like a doozy.

Bradley Siderograph

flip it upside down :lol:

If that comes to fruition remember late Jun or early July as your cover date no matter how encouraging further downside FEELS likely cuz the 100% rebound will be phenomenally fast :P

NAV up 1% today being 50/50 long & short. Bwhahahahaha!

closer looks at the other two huge upswings on williams' bradley (stripped of extraneous junk, and broken into two charts since my 2,400 x 1,800 pixel monitor is still on back order)....

Attached Images

  • bradley_sjw_clean_00_01.gif

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.

#26 phatbubble

phatbubble

    Associate Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPip
  • 4,331 posts

Posted 04 April 2003 - 07:07 PM

hmmph.

Attached Images

  • bradley_sjw_clean_01_02.gif

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.

#27

  • Guests
  • 0 posts

Posted 04 April 2003 - 07:18 PM

Phatbubble,

How come your first chart looks like 4/9 is the high/top but your 2nd chart say 4/5 is the top?

Also, here is another chart and it has 3/31 to 4/2 as the top. Which is correct. TIA.

http://clearstation....post_id=3972686

#28 longOnUranus

longOnUranus

    Associate Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPip
  • 4,015 posts

Posted 04 April 2003 - 07:26 PM

Crapville's gold lady reported "gold will not move up until it finds a BUYER"..I know what she meant, but...duhhhhhhhhh!

She was correct to pick Gold as an inverse and lockstep trade to the USD recently. However, gold/gold shares seem to drawing a pretty good bottom, whereas the USD is all over the place. More important, I think, is the issue of bond yields. XAU peaked as yields skyrocketed this AM, and retreated somewhat as the day went on. Also, with massive layoffs and paycuts (airline negotiations have hisorically set the standard for many other labor/salary issues), a deflationary spiral could just as easily occur. And, lastly, the "war effect" has many metals traders sidelined to see what happens at this level when the war is over.

Strong support 325, war over, interest rates moving up...gold will rocket again, and thre WILL be buyers again.

#29 simple guy

simple guy

    Elliott Professor Emeritus of Stock Proctology

  • Banned
  • PipPipPipPip
  • 2,226 posts

Posted 04 April 2003 - 07:30 PM

Gotta chime in here

SG is perma bear, and getting ready to go massively short, let me start with that.

Now, SG still thinks we have some legs to finish C wave up. My topping day is April 9 intra-day. There are lots of fibonacci reasons for that day, I wont go into it as I have on my thread already a bunch of times.

Suffice to say... there are gaps at 27.17 that must be filled... and gaps at 25.50 area as well on Q's.

C wave should at a bare minimum, fill that 27.17 gap and go over the March 21 highs of 27.38... even if only 5 pennies or so... 5 pennies over would be .786 of the Dec 2 top retracement, and about the top of the January wave 2 move as well... so its possible to end the whole 9 yards move up right there...

Also, 28.77.. seemingly a ridiculous number I have out there... has alot of fibonacci features. .618 times the A wave point move up to Dec 2, which is typical of C waves.

.382 retrace of the 3rd major wave from March 02 to Oct 02, typical of 4th waves (which I think the Q's are in from Oct)

The level at which the A wave topped on Dec 2 as well...

And, counts with my impulsive 5 waves up as a top of a 3rd wave, where I think a 4th wave drops, and 5th wave follows but no higher than the 3rd...

SO... fwiw... we should have one final move up to complete this thrust up.... 27.43 probably a minimum to satisfy E wave rules.... and as high as 28.77 to satisfy some others and blow some bears out ST

Then I agree with y'all... we are setting up for a calamitous collapse of hysterical proportions.

The first of which is a gap fill to 25.53. Q's are far from overbought... indicators are not solidly negative ...YET

Cheers

#30 soup

soup

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 11,230 posts

Posted 04 April 2003 - 07:33 PM

another ppt article http://www.gold-eagl...berg040203.html
""Pretty bubbleheads preen daily on our financial networks, playing the shill to Wall Street and Washington in order to lure unsuspecting Americans into buying insanely overvalued stocks. The great market exchanges, once prudent arenas of investment where the engine of capitalism traded value for value, have become sham casinos staggering under decades of massive Fed created debt and lurching into oblivion on the greater fool theory. Yet our high level bureaucrats, led by Alan Greenspan, exhort all Americans to consume still more of their seed corn and seek still more fools." N. Hultberg





Stock market portfolio giving you the runs? See Dr. Stool.

Take a subscribatory!
Download 
The Anals of Stock Proctology now!



The Daily Stool - Stock Market Message Board
Stool's Gold- Gold and Precious Metals Forum
Look Out Below Message Board

Support your local Stool Board.


The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!
Get Mugged!


Dr. Stool's
Book Search

Enter title, author, or keyword
Just books
All Products





Old Stool Depository

Live Steaming Pile Chart