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#31 GregFokker

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Posted 10 July 2003 - 05:06 PM

Ahhh.... what a fine day today was :grin:

...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


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Posted 10 July 2003 - 05:07 PM

M.H.,

You are one great writer.

T. E.

You are one great rocker. Your lyrics have expanded my musical horizons.

Someday there will be a Stool Woodstock. :)

Stoolstock?? :blink:

#33 Guest_yobob1_*

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Posted 10 July 2003 - 05:07 PM

Some folks whose opinions count are getting pretty damned annoyed at these effete PhD economists, who can't seem to spend their way out of a recession even with a printing press. Maybe a guillotine next to that press would light a fire under their skinny rumps.

Hmmmm, printing press not working. Now what do you suppose could casue that? Could it be debt deflation? Nah........... you always get inflation when you run the printing press wide open. Or do you? :lol:

#34 purdymouth

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Posted 10 July 2003 - 05:10 PM

I think a lot of gold investors don't understand that if the Fed prints up 20% more dollars every year, the dollar is weakening relative to gold.... REGARDLESS of how many Yen and Euros are printed. Many people hear that the dollar is strengthening, so they sell or short gold. It's going to take years to get gold up to $1000, IMHO.

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#35 CMGI_FAN

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Posted 10 July 2003 - 05:16 PM

Junipple jus gided nex kwartir flat. Luks liek a byeing opirtunitty! Strogn bye!! :rolleyes:

#36 wndysrf

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Posted 10 July 2003 - 05:21 PM

CMGI:

Forget JNPR. She's an old Silicon Valley Smoker with stretch marks.

China.com is trading over 30 million shares daily now. Over 4,000 HedgeHogs and 6,000 Mutual Funds trying to "make their year" are piling in.

Sell that Asian Queen when she gets to $200/share by the end of August.
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#37 The End

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Posted 10 July 2003 - 05:25 PM

CMGI:

Forget JNPR. She's an old Silicon Valley Smoker with stretch marks.

China.com is trading over 30 million shares daily now. Over 4,000 HedgeHogs and 6,000 Mutual Funds trying to "make their year" are piling in.

Sell that Asian Queen when she gets to $200/share by the end of August.

Wyndy,

Maybe just maybe there might be a lurker who will take your advice and buy and hold that POS and not know you are joking. When it goes back to $2 they will hunt you down and kill ya.

Could happen. If and when you are joking, you might want to put a disclaimer on your stuff. Just my opinion.
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

#38 phatbubble

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Posted 10 July 2003 - 05:28 PM

Does anyone smell a currency crisis coming this fall? Something is bound to happen to shake these functionaries out of their complacency. The Chinese and the middle eastern oil producers are getting restless about accumulating all that green funny money

oh, aye.

those pesky furriners. amazing how growth of the asset bubbles in the u.s. has been fueled in part by the gargantuan current account deficit, the dollars being returned home after washing up on foreign shores from u.s. consumption. and much of this consuming has been debt-financed, and that debt is owned or pyramided or dry-humped by u.s. entities who collectively could not hope to come to grips with it on short notice. and foreign CBs continue to buy dollars to maintain their export advantage, and u.s. companies are exporting their manufacturing base and service jobs just to maintain their existence. it's self-reinforcing, self-accelerating. we've created a jawdropping antimatter machine.

it's like a poker game where the biggest player has written out, bet, and lost IOUs scrawled with everything he owns, his family's servitude, even his life, many times over. and just to keep the game going, the other players are nervously pushing new blank scraps of paper across the table, so he can ante up his liver for the 6th time. it won't take somebody pushing back their chair, clapping their hands, and donning their hat to upset the table. just need the lights to flicker for a second.
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.

#39 CMGI_FAN

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Posted 10 July 2003 - 05:30 PM

CMGI:

Forget JNPR. She's an old Silicon Valley Smoker with stretch marks.

China.com is trading over 30 million shares daily now. Over 4,000 HedgeHogs and 6,000 Mutual Funds trying to "make their year" are piling in.

Sell that Asian Queen when she gets to $200/share by the end of August.

Eye jus averijd doun on Junipple. Bot anudder 200 shairs at 13.50 two go wid my 200 @ $220.

#40 wndysrf

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Posted 10 July 2003 - 05:32 PM

The End:

These Asian Exoticas are going up on huge volume. What will happen when that bubble pops?

You could see some 100 million share down days on these screamers.

That's what we need. All these Roman Candles to plunge on 3x the volume that they went up on, and maybe we will get a 3 billion share down day on the Nasdaq.

That's the cosmic joke on this rally. The big guns are really not trading with a lot of volume. Most of these 2.1 billion up days are the result of 250 million shares traded on SIRI, 60 million on LU, 20 million on JDSU, etc.

Looks like the futures just fell back down. JNPR "beat the street", but forward guidance is very weak....

Too bad.....
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#41 Slothrop

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Posted 10 July 2003 - 05:35 PM

Just got my Toqueville Gold Fund prospectus. One of the best run mining sector funds. Real sharp manager. I'm noticing that his biggest position is PDG, which surprises me somewhat. They've been on the list of least likely to fly miners because of their still active hedging program. But, according to management, they've been shutting it down.

Another thing I like about PDG is that they've haven't taken off yet, like some other mining stories. Too many people leaving it alone based on the old "hedge" situation.
But, looking at the chart, this afternoon, I'm impressed with being able to buy a gold stock that seems to be ignored, but poised for a blast.

Just thinking out loud here. Situation is kind of the opposite of KRY -- one way of looking at it.

#42 longOnUranus

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Posted 10 July 2003 - 05:35 PM

CMGI:

Forget JNPR.  She's an old Silicon Valley Smoker with stretch marks.

China.com is trading over 30 million shares daily now.  Over 4,000 HedgeHogs and 6,000 Mutual Funds trying to "make their year" are piling in.

Sell that Asian Queen when she gets to $200/share by the end of August.

Eye jus averijd doun on Junipple. Bot anudder 200 shairs at 13.50 two go wid my 200 @ $220.

And you'll be able to buy 200 more at $1.35 soon - exponential averaging, lets call it. Ant shit on the sledge hammer, we used to say in Calculus 101.

#43 wndysrf

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Posted 10 July 2003 - 05:35 PM

Wouldn't surprise me to hear that the Asian central banks' accumulation of the U.S. Peso is being done on purpose. They are buying up the overflow from the Al Green Money Machine, and at the same time, buying gold under the table as fast as the Western Banks are selling.

One day, a financial terrorism attack will occur.

Chinese will suddenly dump its dollars on the open market, and simultaneously buy all the gold available on the COMEX and demand delivery.

Better grab those gold shares now.

The buy of a lifetime.
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#44 The End

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Posted 10 July 2003 - 05:35 PM

My point exactly!

Just looking out for the little guy Wndy. This shit could end tomorrow, next week or could have ended already.
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

#45 richmtn

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Posted 10 July 2003 - 05:38 PM

Went into the day triple short Q's. :D
Holding them again overnight. Short GE also but hedged it at 3:30, looking for bounce.
My read of OPEX is the writers are in the sweet spot and can even affort a drop of several more percent. Every day we don't go higher seals the fate of the bulls on an intermediate term basis. The charts I post in Night Stool on LOB are still very much in play. :grin: :grin: :grin:

Again much thanks DocStar. Without my own software your input has taken on extreme value.





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