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#46

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Posted 27 June 2003 - 09:33 PM

I have a question if anyone wants to respond,
Could it be that today is to Monday what Wednesday was to Thursday ie., a bear trap into the EOM?

Regarding the "gone to the Hamptons" theory. I get off at the Wall Street stop on the Lexington Line (the stop you used to see all of those sallow, ashen faced people getting off of at the beginning of "Wall Street Week" when Lose Rookuser was still on it.). I know how populated the trains are on those getaway days and today wasn't one of them. My train was packed. The Wall Street area was packed. At lunch time the streets were as populated as they are on any regular day. This is purely anadotal but, I don't think the "gone to the Hamptons" excuse holds stool. They were all at work.

Somehow I don't think that we are talking about the same crowd. The Hampton's people I had in mind aren't the one reaching into their pockets for subway tokens. :P

#47

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Posted 27 June 2003 - 09:46 PM

You're not a New Yorker are you Col. :lol:

#48 ConfusedAss

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Posted 27 June 2003 - 09:55 PM

edit-Purdys post on FRE and FNM is on last nites thread-don't miss it scary stuff! Trade Safe--p.s. DOC-you are RIGHT-but remember " you can lead a horse to water but you can't make him drink"

B4,

Can't find ref post. Can you help? TIA

#49 anoscope

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Posted 27 June 2003 - 09:55 PM

article: Some Bears Still Growling (courtesy of cbs.marketwatch.com)

snippets:

The rally since March has gradually convinced most of the geezers, as I like to call the veteran letters that were around at the time of the last bear market low in 1974. ... Convinced them all -- except for the real grumps.

"New bull market? I don't think so, albeit the momentum players think so. The extended rally in the market may have the shelf life of half-ripe banana."

Roleau's reasoning is fundamentalist: "The major U.S. market averages are currently not anywhere near undervaluation ... He suggests working off the 1990s bubble could take nearly another decade -- until 2012.



#50 TheMotleyStool

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Posted 27 June 2003 - 09:58 PM

When I worked at a big NYC law firm, I took the subway. FWIW.

#51

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Posted 27 June 2003 - 10:02 PM

You're not a New Yorker are you Col. :lol:

How could you tell? :blink: :P

#52 TheMotleyStool

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Posted 27 June 2003 - 10:04 PM

As you know, I'm a bear and fully in BEARX now. But, after what I've seen, I'm a little cautious at calling the top. With the top being called here by Doc, Brian and others, Fleck sounding that the top is in or nearly so and readying to go short again, and that spooky chart of Gold '80/Nikkei '92/Nasdaq '00, I'm getting a little more optimistic. Still, I'm a pessimist at heart and wouldn't be surprised if Cramer and the Boys can jam it further.

#53

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Posted 27 June 2003 - 10:07 PM

How could you tell? :blink:  :P

ROTFLMAO :lol:

Why, your accent, of course!

#54 The End

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Posted 27 June 2003 - 10:10 PM

When you stoolies are hangin with Doc at the Deli, take a picture. I'm sorry I will not be able to attend.

Mousey and Machine, Let me know how it went. I miss you guys. :cry:
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

#55

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Posted 27 June 2003 - 10:13 PM

Will do TE. We are going to miss you as well. We had a good time last time didn't we?

#56 TheMotleyStool

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Posted 27 June 2003 - 10:15 PM

I'm not sure if I'll be able to attend -- work and all, and living out here in NH -- but I'd love to be there for NYCASS. It should be a blast.

#57 brian4

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Posted 27 June 2003 - 10:15 PM

Confused- sorry it's on page 5 of last nites thread not Purdy but WhatIdo, whatido-I got confused they look alike-but everyone have a hair raising read. trade Safe! Don't pick on Dashley-its lonely on the ledge!

#58 PileDriver

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Posted 27 June 2003 - 10:15 PM

As you know, I'm a bear and fully in BEARX now. But, after what I've seen, I'm a little cautious at calling the top. With the top being called here by Doc, Brian and others, Fleck sounding that the top is in or nearly so and readying to go short again, and that spooky chart of Gold '80/Nikkei '92/Nasdaq '00, I'm getting a little more optimistic. Still, I'm a pessimist at heart and wouldn't be surprised if Cramer and the Boys can jam it further.

Relax, you're in good company.

Did you see the lastest COT report?

http://www.vtoreport...ntiment/cot.htm

BEARX should do fine.

#59

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Posted 27 June 2003 - 10:19 PM

We're just joking around B4! :wink2:
I think we're all out on the ledge.

#60 PileDriver

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Posted 27 June 2003 - 10:21 PM

http://www.schaeffer...ons.asp?ID=7973

http://www.schaeffer...ons.asp?ID=7977





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