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Metamorphosis


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#16 summoner

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Posted 17 September 2003 - 08:17 AM

Comptroller for the good ol US of A was on Crapvision this am ...our fiscal disaster is uglier than any of us imagined...hypertigers DOR is getting closer...TRADE SAFE
" I' ve got a left handed hook and a right handed hook, the pros are gonna love me, I'm amphibious"

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NC STATE UNIVERSITY

#17 Bearman

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Posted 17 September 2003 - 08:26 AM

Just finished reading Mark -Mark page 8

Bubble talk is in :lol:

Just tells me top is very close at hand.

CARE is the word

#18 DrStool

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Posted 17 September 2003 - 08:33 AM

Some Targets Slip

In Spite of Rally

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#19 GregFokker

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Posted 17 September 2003 - 08:34 AM

Itching to be short- K-Wave, lettuce know when you decide to plunge.

...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


#20 Bearman

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Posted 17 September 2003 - 08:40 AM

Tops generate more fear due to the amount of time they take
course this is from a Bears POV.

Lows are much faster.

Tops get a lot of Bagholders in :lol:

They are called Long Term Investers :lol:

#21 wndysrf

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Posted 17 September 2003 - 08:40 AM

LEN and KBH were sold off a little last night after they reported blowout results.

Housing starts were down a little this morning.

The key today is to see where these two stocks trade.

If they pull off a QCOM, open down, then immediately start running to the upside, then you know that "the fix" is in for the housing market and that the homebuilders will be engaging in another run to new highs in a typical "ABC" up fashion.

That means LEN will be going to $100 and KBH will be going to $85.

................................

Gapping up of various speculative biotechs this morning means that Riverboating of small cap bios is now building up steam again, which means we are entering another "blowoff" stage of speculation.
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#22 Sphinxter

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Posted 17 September 2003 - 08:41 AM

U.S. monthly budget deficit number this afternoon expected to go from negative $54B to negative $78B (!!!!!).


Should be good for a rally in the US peso. <_<

#23 DrStool

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Posted 17 September 2003 - 08:43 AM

Outer rain bands of Isabel touching NC Outer Banks. Scroll to bottom of page.

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#24 DrStool

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Posted 17 September 2003 - 08:46 AM

As Mousey noted area of heaviest rains is size of SC, NC, and VA combined. Heaviest rains are in NE quadrant. Already saturated areas around DC and Philly are going to get clobbered again.

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#25

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Posted 17 September 2003 - 08:47 AM

Well KROL warned------RJR warned--------Dupont warned -----New York Times warned---------and Fed -Ex warned

I figure the Nazz oughta hit 3K by noon :lol:

:lol: :lol: :lol: :lol:

#26 rog

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Posted 17 September 2003 - 08:49 AM

NASDAQ margin debt is out of control. From TribTabs:

"Margin debt surged five fold at Nasdaq member firms -- data not
included in NYSE margin debt -- $5.1 billion to $26.0 billion or 412%, from the
end of 2002 through July 2003"

"Margin debt at Nasdaq firms rose from $7.3 billion at the end
of May 2003 to $25.98 billion at the end of July. Margin debt at Nasdaq
firms is now 15% of total margin debt. At the end of March 2000, the
prior market peak, Nasdaq margin was just 7.1% of all margin debt."



The really good news, for bears, is yesterday the NASD issued a warning on the risks of trading on margin. These warnings usually proceed NASD requirements that member firms tighten margin requirements. The same events pricked the bubble in 2000.

#27

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Posted 17 September 2003 - 08:51 AM

Comptroller for the good ol US of A was on Crapvision this am ...our fiscal disaster is uglier than any of us imagined...hypertigers DOR is getting closer...TRADE SAFE

I actually had crapvision on early and heard him. He is going to be giving a speech later today and I hope that I can find the text. The information is so shocking, that it is little wonder that he appeared before 7 am. :huh: :o :lol:

#28 Bearman

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Posted 17 September 2003 - 08:52 AM

Doc I think a bigger storm is about to hit NY

Grasso and the pension nightmare calpers :lol:

The rewards of being a bagholder IE pension backed by
stocks :o .I notice Ca. is first to attack grasso hmmmm :lol:

The biggest debtor :lol:


L O B

#29 wndysrf

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Posted 17 September 2003 - 08:53 AM

Gold might be frontrunning the deficit numbers.

Looks like last night's lows might hold today.
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#30 FeedFool

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Posted 17 September 2003 - 08:54 AM

yes same here, i was able to zoom in, but that was all.

I am happy to live in a country where we dont have such tornados and so on, it is really a mess what happens form time to time in the US, hope nobody gots hurt and that the damage will be repairable.

According to the logic of Wall Street, massive damage by tornados is bullish because fed will keep money loose, government will increase spending and destroyed home and properties will have to be re-built. They all are good for GDP.

Foreigners have goods ready in the pipeline for such an event. Looks bullish but for which side?

:D :D :D :D





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