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Stranger Than Fiction, Part 3


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#16 machinehead

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Posted 01 August 2003 - 08:43 AM

machinehead,
Did you notice Santelli wearing a pair of binoculars around his neck? Couldn't help but think he looked like a "railbird" at Aqueduct as the nags were heading down the stretch!  :grin:

Rick remembers his good old days as a punter.

Now he's turned pro, a trackside "turf authority" for the Daily Racing Form.

http://drf.com/
"GOLD -- it's not just for misers anymore."

"Dollahs -- fire-starters for the K-wave winter." - Drano

"Three humps and a dump." - anotherone, 21 SEP 2004

"No gold was harmed in the making of this movie." - Bizarro Greenspan

[i]"Da Track. Da place where Morons bet on Animals Controlled by Criminals."
- our jickiss

#17 rog

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Posted 01 August 2003 - 08:49 AM

How about those unconventional measures? Doesn't look like the FED has been able to do anything to control the yield curve. Let alone "keep rates low until an economic recovery takes full hold."

Ben, what say you?

Sir Softpatch and his band of merry men have started the process of losing all credibility. Barring 5% growth in the second half of this year the masses will come to the realization that the FED cannot wave a magic wand and control a $10t economy. As this reality grips the nation we will enter the bitter part of this bear market.

#18 The Mad Hungarian

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Posted 01 August 2003 - 08:52 AM

MH,
LOL! :D

#19 DrStool

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Posted 01 August 2003 - 08:52 AM

Doc will be taking vacation days today Friday August 1 (a little later :wink2: , and Friday August 8. The regular Weak End Anals will not be published. Friday pre-opening updates will be published. 

The PM and closing intraday updates, Feed Analysis, and Uncle Buck and the Long Bong hit will not be published Friday. The regular Weak End Anals will not be published. If possible, a short Anals will be posted late Sunday evening. Regular publication will resume Monday morning.

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

#20 chibear

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Posted 01 August 2003 - 08:53 AM

machinehead,
Did you notice Santelli wearing a pair of binoculars around his neck? Couldn't help but think he looked like a "railbird" at Aqueduct as the nags were heading down the stretch! :grin:


I hope I'm not stating what everyone knows, but Santelli uses the binoculars to see the quote and news boards on the walls of the trading room.

#21 MyGoldenStool

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Posted 01 August 2003 - 08:55 AM

Hmmmm, the actual unemployment rate went down. I guess all those newly-hopeful people who began hunting anew for jobs the prior month have now decided they don't want a job after all and hence gave up looking and are now not counted anymore. :blink:

#22 Bearbones

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Posted 01 August 2003 - 08:57 AM

Unemployment remains over 10% according to the BLS "Alternative Calculation"

http://www.bls.gov/n.../empsit.t12.htm

#23 GregFokker

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Posted 01 August 2003 - 08:58 AM

Strategy that doesn't work: Enter stop sell order just below support to try to catch spike down on the econ data. Got filled at the low of the move 3 points below my limit order. Got out for a quarter point loss + vig, cheap way to learn a valuable lesson. Will leave heatmapping fukutures to the Nintendo players.

...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


#24 The Mad Hungarian

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Posted 01 August 2003 - 08:59 AM

chibear,
I figured that's what he has them for, I was just trying to extend the metaphor in this thread about the markets taking on the aura of casinos/racetracks! :rolleyes:

#25 MyGoldenStool

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Posted 01 August 2003 - 08:59 AM

Jerry m- you shoulda held BRKS!

REUTERS RESEARCH ALERT-JP Morgan adds Brooks Automation to Focus List [CXLGYDH]

NEW YORK, Aug 1 (Reuters) - JP Morgan said on Friday it
added Brooks Automation to its Focus List.

No other details were immediately available.

The stock closed at $19.25 on the Nasdaq on Thursday.

#26 thesun

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Posted 01 August 2003 - 09:05 AM

How about those unconventional measures? Doesn't look like the FED has been able to do anything to control the yield curve. Let alone "keep rates low until an economic recovery takes full hold."

Ben, what say you?

Sir Softpatch and his band of merry men have started the process of losing all credibility. Barring 5% growth in the second half of this year the masses will come to the realization that the FED cannot wave a magic wand and control a $10t economy. As this reality grips the nation we will enter the bitter part of this bear market.

Greensin, has a REAl problem:

How do we keep FRE from going under.

At this time he has his hands full, timing the FRE bankRAPEcy until after the Bushman re-election.


PS not looking that good for the Bushman

#27 machinehead

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Posted 01 August 2003 - 09:05 AM

Sir Softpatch and his band of merry men have started the process of losing all credibility.

No kidding. There's an edge of hysteria and desperation in this article, that you rarely encounter in the financial press -

SWAPS Spread Blowout on Mortgage Hedging Havoc
"GOLD -- it's not just for misers anymore."

"Dollahs -- fire-starters for the K-wave winter." - Drano

"Three humps and a dump." - anotherone, 21 SEP 2004

"No gold was harmed in the making of this movie." - Bizarro Greenspan

[i]"Da Track. Da place where Morons bet on Animals Controlled by Criminals."
- our jickiss

#28 thesun

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Posted 01 August 2003 - 09:11 AM

CONsume, Consume

Tax cut... tax cut

$400, $800, $1200, $1600, Kid Credit

CONsume, Consume

All for the next QTR.

#29 crooked_analyst

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Posted 01 August 2003 - 09:15 AM

Al's gonna try a new approach...Slam Gold and Rally the Bonds...who'd a thunk it?

#30 Bird D Durr

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Posted 01 August 2003 - 09:17 AM

For a dismal day........................That picture...............MH & Yanevano.................................

Really made me laugh out loud.............For the first time in a while.................





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