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A Moment Of Awakening . . .


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#16 Injured Grizzly

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Posted 11 December 2002 - 10:16 AM

One of the floor traders in the S&P pit said on bloomberg that the range today should be 894 to 906. He said if it breaks 888.50 they would be running all over themselves selling to take profits. Thats the line in the sand, I guess. ;)

#17 fxfox

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Posted 11 December 2002 - 10:16 AM

rog,
i was always interested in asking you the following:
At which firm do you work and is it that you are sitting in a trading room with 50 or more other guys, have 3 monitors running and on one screen there is the stool? :lol:
'patriot' is formed with 'patria' and 'idiot'

#18 rog

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Posted 11 December 2002 - 10:20 AM

RE: My previous post

I think Kass may have sandbagged Procto, by not telling them in advance that he turned bearish. Last time he was on he was over the top bullish. His thesis now is that the evidence is clear that the consumer has hit the wall.

#19 Jorma

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Posted 11 December 2002 - 10:22 AM

Maria's logic about pension fund stock purchases is impeccable, once you accept that the only function of the economy is to boost stock values. After a year and a half of stories about what a disaster this is for 'investors' and the economy these people still don't get it.

PS. Is she assuming MyBM will be buying their own stock to fill the pension fund? Isn't there some kind of limit on this?

War is the last great hope of the incompetent to order the unwilling to attempt the impossible.
William Eastlake 'The Bamboo Bed'

Change you can suspend your disbelief in.
Fafblog


#20 anoscope

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Posted 11 December 2002 - 10:23 AM

Posted Image

This is a only a test.

#21 DrStool

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Posted 11 December 2002 - 10:23 AM

Pre Market Update

If your portfolio has you feeling irregular, for fast, long lasting relief, take a subscribatory. And support your local Stool!

#22 Tchaikofsky

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Posted 11 December 2002 - 10:24 AM

???

8:16AM Qualcomm reinitiated with a Sell at Wells Fargo; target $26 (QCOM) 39.63:

http://finance.yahoo.com/mp#qcom

#23 rog

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Posted 11 December 2002 - 10:26 AM

rog,
i was always interested in asking you the following:
At which firm do you work and is it that you are sitting in a trading room with 50 or more other guys, have 3 monitors running and on one screen there is the stool? :lol:

Actually its GovernmentSacks and we purchased the WorldCon command center for $3.99 payable over two hundred years @ 0% down, 0% interest and 0 payments for 199 years.

There are 101 traders in a semi circle. Except for one trader, each one has 6 flat screen monitors. On the 52 foot command screen in the front of the room I, the 101st trader display capitalstool to the masses.

#24 PDoody

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Posted 11 December 2002 - 10:34 AM

Sniff posted a fib date calculator in Bontchev's forum and 12/14 and 12/15 kept coming up. Is this relevant in anyone's cycle work? I believe I saw 12/12 as a peak on someones Hurst projection.

#25 phatbubble

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Posted 11 December 2002 - 10:37 AM

yeah grizzly i'm itching to put stops where i want them on my spx puts and am hoping we crack that level today. the spread is still huge out here in way-out-tha-money land

between santa, arch, the full moon, the bradley, Wackie Wensdy, and the 'importance' of showing a DOW loss in the single (and not double) digits, i do not trust that we won't have a moonshot attempt starting next week.

also in that vein, bill bruns has a short piece on the 'january effect' at schaeffer's and how it actually seems to be taking place 15-31 december....
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 fxfox

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Posted 11 December 2002 - 10:38 AM

rog,
coooool !!! :lol:
'patriot' is formed with 'patria' and 'idiot'

#27 Auntie Septic

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Posted 11 December 2002 - 10:40 AM

Maria on Crapvision: "There is more stock and the same amount
of dollars in this market. More supply and the same amount of
demand..."

Huh? No new dollars? What has been happening to the paper
rolling off the presses Sir Printsalot has been running 24x7 for
weeks on end?

Maria still spewing the pension crap: Jump on in as pension money
poors and the price of the stock goes up, up, up! Never
a mention of company fundamentals, just trading hype.

Maria, STOP LYING!
Removed.

#28 phatbubble

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Posted 11 December 2002 - 10:44 AM

msnbc via crapv:

"the bush administration said today it could respond with nuclear weapons if attacked with biological or chemical weapons...."

dear sweet jesus.
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.

#29 Jorma

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Posted 11 December 2002 - 10:45 AM

MBI up 5+%.

War is the last great hope of the incompetent to order the unwilling to attempt the impossible.
William Eastlake 'The Bamboo Bed'

Change you can suspend your disbelief in.
Fafblog


#30 torah man

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Posted 11 December 2002 - 10:47 AM

out of my bgo with 22% profit.

gold may have flattened before the pull back.

hmy will keep to do covered calls on , bgo not optionable.





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