183 replies to this topic
Posted 16 December 2002 - 01:45 PM
"I don't know what will happen next, I don't know what I'm going to be - but I'm going to learn. But what I do know is this - life, all life, is about asking questions, not about knowing the answers. It is wanting to see what's over the next hill that keeps us all going. We have to keep asking questions, wanting to understand. Even though we know we'll never find the answers, we have to keep on asking the questions." - - - December 13, 2002
Posted 16 December 2002 - 01:48 PM
On your mark, get ready, set, GO - GG and ASA
1 day cycle low on HUI? Lets make it a power move through 140
while spx rolls over and dumps
Cycles + Wyckoff + NTM = TechnoPile
A true Master averts disaster
Posted 16 December 2002 - 01:51 PM
remember its triple scam week so don't try to ascertain too much info from those p/c ratios. Plus its better to view them over a smoothed 21-day avg.
LT & IT still: MAJOR SELL
This noise shall pass. Don't worry, be happy.
Posted 16 December 2002 - 01:53 PM
Ooops, I posted after Obi-Wan and just before the closing of the morning thread. For those of you who have missed it, here is my message again:
Folks, don't get spooked by the high put/call ratios. They are bullish only in the very short term (1-3 days). Longer term, they will result in an upturn of the 21-dma of the $CPC, which is bearish. Remember the chart I posted a couple of weeks ago? In fact, the 21-dma of the $CPC made a low on December 2, which low remained in force for more than 10 trading days. According to Larry McMillian, this is a Sell signal; we got it on Friday.
Posted 16 December 2002 - 02:05 PM
Turdible fundamental news in Barron's:
1. Hickey's tech take (which the Doc mentioned)
2. huger and huger massive insider selling
3. USA farmers scratching their asses to find that China is now a corn exporter, to former USA customers like Taiwan and Korea
Many sheeple have no idea how rich insiders can get selling their millions of shares at $1-3 when their basis is $0.01-$0.03, and there are still millions of unlocked insider shares to sell!!!! It's easier than putting found money at risk.
China WTO was a jamjob hoax, they're not buying sh*t from nobody, nowhere, not even super-subsidised Republican USA corn.
China is the Nafterator, with the oil of Canada, the food and almost the technology of the US, and cheaper labor than Mexico.
Posted 16 December 2002 - 02:06 PM
I have been short unh for a loong freakin' time. I hope we make it down to 68 soon.
Notice on a daily the 150 sma is finally turning down.
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.
Posted 16 December 2002 - 02:06 PM
Ho hum. Since we ran out of green eggs and ham, here are some more books:
> "Little Golden Books That Never Made It"
> 1. You Are Different and That's Bad
> 2. The Boy Who Died From Eating All His Vegetables
> 3. Dad's New Wife Robert
> 4. Fun four-letter Words to Know and Share
> 5. Hammers, Screwdrivers and Scissors: An I-Can-Do-It Book
> 6. The Kids' Guide to Hitchhiking
> 7. Kathy Was So Bad Her Mom Stopped Loving Her
> 8. Curious George and the High-Voltage Fence
> 9. All Cats Go to Hell
> 10. The Little Sissy Who Snitched
> 11. Some Kittens Can Fly
> 12. That's it, I'm Putting You Up for Adoption
> 13. Grandpa Gets a Casket
> 14. The Magic World Inside the Abandoned Refrigerator
> 15. Garfield Gets Feline Leukemia
> 16. The Pop-Up Book of Human Anatomy
> 17. Strangers Have the Best Candy
> 18. Whining, Kicking and Crying to Get Your Way
> 19. You Were an Accident
> 20. Things Rich Kids Have, But You Never Will
> 21. Pop! Goes The Hamster...And Other Great Microwave Games
> 22. The Man in the Moon Is Actually Satan
> 23. Your Nightmares Are Real
> 24. Where Would You Like to Be Buried?
> 25. Eggs, Toilet Paper, and Your School
> 26. Why Can't Mr. Fork and Ms. Electrical Outlet Be Friends?
> 27. Places Where Mommy and Daddy Hide Neat Things
> 28. Daddy Drinks Because You Cry
> 29. Meet Mr. Feed!
Of course I'm caustic!
Posted 16 December 2002 - 02:07 PM
UTF (unsustainable turd flotation)
to be followed shortly by
MSD (massive sustained decline)
Posted 16 December 2002 - 02:08 PM
I'll add to that the (imaginary) sound of the flushing toilet.
The moment you stop and analyze what "should" be happening, instead of what "is" happening,
is the moment you have to hand your money to the next trader - Blackbelt
Call me kinky, but I pay to see Doc's Anals!
Posted 16 December 2002 - 02:09 PM
Its all in the time frames you follow/trade. Dont have a time frame, dont trade until you get one! This will be the last time this is said by myself.
Posted 16 December 2002 - 02:11 PM
Posted 16 December 2002 - 02:13 PM
The p/c ratio makes no sense, the VIX has dropped -1.72 today. If the p/c ratio was accurate the VIX would have increased, I believe IMHO
Posted 16 December 2002 - 02:15 PM
Doc sends many tanks and dungs a lot to new stoolie Mark, for sending this along.
Doc heard this a couole weeks ago on crapvision. Well worth hearing again.
OK, I fixed the link.
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