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#31 blackbelt

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Posted 10 July 2003 - 09:27 AM

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.

Mark,

The time for a top was right on the money yesterday. The maximum allowed variance is today. Any high beyond today, above yesterday's high, allow for higher prices towards 7/15 or 7/22. If the high from yesterday holds, the next turn is second week of August and that will be a low

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#32 BeerMarket

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Posted 10 July 2003 - 09:29 AM

S Korea "unexpectedly" cut rates, declares recession.
BOE "surprise" rate cut.
US unemployment "unexpectedly" weak - some of the first data from the 2nd half, which we all know is when the recovery starts.

Taking the next couple of days off, hope da bears have some red to look at while I'm gone.

#33 Fukui-san

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Posted 10 July 2003 - 09:29 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.

It's always "unexpected".
A Shrug of the Shoulders.

We generally give to our ideas about the unknown the color of our notions about what we do know: If we call death a sleep it's because it has the appearance of sleep; if we call death a new life, it's because it seems different from life. We build our beliefs and hopes out of these small misunderstandings with reality and live off husks of bread we call cakes, the way poor children play at being happy.
But that's how all life is; at least that's how the particular way of life generally known as civilization is. Civilization consists in giving an innapropriate name to something and then dreaming what results from that. And in fact the false name and the true dream do create a new reality. The object really does become other, because we have made it so. We manufacture realities.

An excerpt from "The Book of Disquiet," written by Fernando Pessoa in the 1920's, first published in 1982 by Atica in Lisbon.

#34 Injured Grizzly

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Posted 10 July 2003 - 09:30 AM

Injured Grizzly,

I've reached exactly the opposite conclusion for the same reason. Haven't got time to read everything. So this is a filter for only bearish ideas as I'm not interested in the bullish ones.

I can understand that thinking but its easier for me to scroll past things I don't want to read than to switch pages. Beside that it seriously pissing off some good members. I hate to see anyone leave for that reason.


That being said what does anyone think of YHOO here. Gap down breakaway?

#35 crooked_analyst

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Posted 10 July 2003 - 09:34 AM

these prick$ can't ever keep their hands off of gold....at $339, it's time for me to make another phone call.

#36 fxfox

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Posted 10 July 2003 - 09:35 AM

Doc,

every stoolie should have his own IDS, please open 1000 new ones!

Posted Image
'patriot' is formed with 'patria' and 'idiot'

#37 CMGI_FAN

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Posted 10 July 2003 - 09:36 AM

Top?

REUTERS RESEARCH ALERT-JP Morgan ups Brooks Automation to "neutral" [CWSVFWY]

NEW YORK, July 10 (Reuters) - JP Morgan said on Thursday it
raised its rating on Brooks Automation , a provider of
products used in making semiconductors, to "neutral" from
"underweight".

No other details were immediately available.

The stock closed at $15.49 on the Nasdaq on Wednesday.

#38 GregFokker

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Posted 10 July 2003 - 09:36 AM

Doc,

every stoolie should have his own IDS, please open 1000 new ones!

Posted Image

Foxie, voice it in the AD/DC board. Please.

...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


#39 soup

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Posted 10 July 2003 - 09:36 AM

I guess all those unemployed folks can take solace that the sox is diasgreeing with their plight?
""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

#40 BeerMarket

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Posted 10 July 2003 - 09:37 AM

... I can understand that thinking but its easier for me to scroll past things I don't want to read than to switch pages. Beside that it seriously pissing off some good members. I hate to see anyone leave for that reason...

I think it's been made clear that the problem is presentation. I think most are willing to read reasoned arguments for the bull case, but I have no interest in Yahoo-like mindless bull talk. I can't understand why people can't refrain from that, is it so hard?

#41 longOnUranus

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Posted 10 July 2003 - 09:39 AM

ASIA green - heatmappers rule

#42 Stoolander

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Posted 10 July 2003 - 09:39 AM

Maria B is soooo full of shit. It's this kind of denial that is setting up the sheeple for a painful lesson (again).

This am - "Fractional losses, nothing to write home about" ... Nasdaq -17, Dow -61
Yesterdays close - "Nasdaq is the winner" ... Nasdaq +1, Dow -67

#43 Stoolander

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Posted 10 July 2003 - 09:42 AM

I can understand that thinking but its easier for me to scroll past things I don't want to read than to switch pages. Beside that it seriously pissing off some good members. I hate to see anyone leave for that reason.

What he said.

#44 Bearman

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Posted 10 July 2003 - 09:42 AM

what better time for a savage BEAR attack?

17 yr records accross the board :o

3 -1 bulls to Bears investment advisers :lol:

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Posted 10 July 2003 - 09:43 AM

Want some whine to go with your cheese, Jeez. I didn't realize it is so hard for some to make a few mouse clicks or open a second window. Doc, I like both and read both, It's a nice way to sort sentiments.





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