Jump to content


Photo
- - - - -

Bear Zone Lee AM


This topic has been archived.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

#1 ThorAss

ThorAss

    Clinical Professor of Stock Proctology

  • Moderators
  • PipPipPipPipPipPipPipPip
  • 7,515 posts

Posted 10 July 2003 - 07:45 AM

I'll be back in a few minutes with some candidates. Till then play amongst your elves.


I have many opinions; but I strive not to act on them.

#2 ThorAss

ThorAss

    Clinical Professor of Stock Proctology

  • Moderators
  • PipPipPipPipPipPipPipPip
  • 7,515 posts

Posted 10 July 2003 - 07:57 AM

I have some absolute crackers for you to short today. Why bother shorting gold stocks which could pull back a tad when gems like these are availabull. (Drool drool)
I'm a don't put all your eggs in one basket (unless the basket is marked SMH) kind of guy so when I short stocks I like to spread the loooooooooooooooooooooooooooooove around. Give these some of your love:

CBK
EPIX
FBC
ITG
MCDT
MBT
PDLI
TXU
WNC
WTSLA
I have many opinions; but I strive not to act on them.

#3

  • Guests
  • 0 posts

Posted 10 July 2003 - 08:00 AM

Oh dear, the BOE does a surprise rate cut of .25% and the Footsie sinks like a stone... :D

And the US futures..... inter-esting...just hope there's not a crap & gap..

#4 DrStool

DrStool

    Chief of Stock Proctology

  • Admin
  • PipPipPipPipPipPipPipPipPip
  • 83,447 posts

Posted 10 July 2003 - 08:00 AM

Good morning and Good Stool to all!

Your Golden Stool is ready for download. Click Here Doc sees a few more days of pain ahead.

Parallel threads again today. One for both bools and bears and one for bears only. This one is bears.

Moderators are instructed to remove non-bearish posts form this thread.

I will be posting Stoolwethers around 8:30 NY time. Pre market update around 9:15. Use the links in the left column.

Deepest tankth to ThorAth for taking the lead on the bearth only stuff. Ath we all know Thorath ith impeded by hith thpeech impediment. Pleathe help to thupport hith therapy by contributing to the Pooper Thcooper.

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

#5 Bearman

Bearman

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 14,811 posts

Posted 10 July 2003 - 08:15 AM

morning Bears

stats 3-1 manic bullishness of investment advisers :lol:

no -wonder a board for bulls :lol:

yesterday at around 3pm they were running wild & naked

how they doin this am? :lol: :lol: :lol:

The bull board wont last long

LOB

#6 Hiding Bear

Hiding Bear

    Associate Professor of Stock Proctology

  • Moderators
  • PipPipPipPipPipPip
  • 4,517 posts

Posted 10 July 2003 - 08:21 AM

Thorass - I am not going to dispute you and Doc that gold miners will fall back a tad. My limited technical skills say the PMs are not going any where for a few days, but they do not look like good shorts.

Anyway, still more bad news on pension fund underfunding. Lucent, for example :

Today, those giant surpluses are mostly gone, thanks in part to a long bear market in stocks and historically low interest rates. Some companies that haven't poured any cash into their pension plans for years face a legal obligation to do so. They are asking Congress for relief -- new rules that would reduce funding requirements, yet make pension plans appear healthier to both shareholders and the government. They also seek permission to reduce pension payouts to certain departing employees.

One way some companies eroded or reversed their onetime pension surpluses was by tapping the pension assets to pay for staff reductions. Lucent Technologies Inc., the big maker of telecom gear, used about $800 million in surplus pension assets to pay termination benefits as it cut 54,000 employees from its payroll in 2001 and 2002. The Lucent pension plan, meanwhile, went from having $5.5 billion more funds in it than legally required on Sept. 30, 2001, to being $1.7 billion "underfunded" on Sept. 30, 2002.



#7 wndysrf

wndysrf

    Dean of Stock Proctology

  • Banned
  • PipPipPipPipPipPipPipPipPip
  • 34,219 posts

Posted 10 July 2003 - 08:29 AM

The reason why the selloffs have failed to stick is because the market hasn't been ready, either in price or time.

Blackbelt: If you are out there, please tell us if we are at a key Fiber Nacho price area or time interval to be able to safely put on shorts here.
PigMen Proprietary Trading Desk

The Weimar Run: Bullphoria!!!!

#8 GregFokker

GregFokker

    Dean of Stock Proctology

  • Moderators
  • PipPipPipPipPipPipPipPipPip
  • 15,013 posts

Posted 10 July 2003 - 08:34 AM

Terrible econ news just released, again. Import prices up, export prices down, initial claims surprise to the upside, again.

...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


#9 Tchaikofsky

Tchaikofsky

    Doctor of Stock Proctology

  • Members
  • PipPipPipPip
  • 2,244 posts

Posted 10 July 2003 - 08:38 AM

Jobless Claims Up Unexpectedly Last Week
Thu July 10, 2003 08:32 AM ET
WASHINGTON (Reuters) - The number of U.S. unemployed workers receiving benefits hit its highest point in over 20 years last month, and new claims for jobless aid unexpectedly rose again last week, the government said on Thursday.
Initial claims for unemployment insurance rose by 5,000 to a seasonally adjusted 439,000 last week from a revised 434,000 the prior week, the Labor Department said. Economists polled by Reuters had expected initial claims to edge down slightly to 425,000 from the 430,000 originally reported for the week ending June 28.

The department also said the number of unemployed workers who remained on the benefit rolls after filing an initial claim jumped by 87,000 to 3.82 million in the June 28 week, the highest level since February 1983.

A Labor Department aide cautioned against relying too heavily on the latest initial claims figure in gauging the jobs market, noting that auto plant shutdowns for annual retooling could be affecting the figures.

"I really think we're in a period now when any one week should be interpreted cautiously," he said, adding the four-week moving average of claims would provide a better labor-market barometer. Still, he noted the department's seasonal adjustment process had anticipated the plant shutdowns.

#10

  • Guests
  • 0 posts

Posted 10 July 2003 - 08:40 AM

Interesting -- spot price of silver up to 4.85. Gold weak but not getting the usual trashing. :huh: :o :lol:

#11 PileDriver

PileDriver

    Professor of Stock Proctology

  • Banned
  • PipPipPipPipPipPipPip
  • 6,448 posts

Posted 10 July 2003 - 08:42 AM

Pity

Right on schedule

http://www.crystalba...rlin/index.html

You should see the 4 week forecast :P

Riverboaters grab your life jackets - oops, there's only 1 for every 4 gamblers - too bad. Hope you're a good swimmer. :lol:

#12 longOnUranus

longOnUranus

    Associate Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPip
  • 4,015 posts

Posted 10 July 2003 - 08:42 AM

let the carnage begin (note the fallen bull)

Attached Images

  • bulls.JPG


#13 Hiding Bear

Hiding Bear

    Associate Professor of Stock Proctology

  • Moderators
  • PipPipPipPipPipPip
  • 4,517 posts

Posted 10 July 2003 - 08:47 AM

The department also said the number of unemployed workers who remained on the benefit rolls after filing an initial claim jumped by 87,000 to 3.82 million in the June 28 week, the highest level since February 1983.

The paradox of "productivity" increases and a "strong" dollar - unemployment increases and the economy gets worse.

#14 Bearman

Bearman

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 14,811 posts

Posted 10 July 2003 - 08:47 AM

Another sign of a top

squak box signed baseballs on ebay 10k bid

had meg on :lol:

Mania's end badly

#15 Bearman

Bearman

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 14,811 posts

Posted 10 July 2003 - 08:52 AM

I take offense to that crack, personally. You want to hack at bears who were too busy studying charts and fundamentals to GAMBLE on POS's like SIRI et als., then the other IDS board is the place to do it.

The bulls are the PIGS and you know what happens
to little piggies :angry:

A Sh*t storm is just over the horizen :lol:

3-1 bulls :lol: :lol: :lol:


Pile Wecome Back!





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