415 replies to this topic
Posted 28 September 2003 - 11:21 PM
Just back from world cup action watching USA inc rough up N KOREA
and SPX futures down 5 to boot ....what a weekend
too bad my APPX play cost me 5 pts on a big block
net zero for the week...cant win em all
trade safe ...still in half my putz, looking to close next three days and reload the pop
" I' ve got a left handed hook and a right handed hook, the pros are gonna love me, I'm amphibious"
NC STATE UNIVERSITY
Posted 28 September 2003 - 11:23 PM
Humor? is there a dearth of humor here??
Best to you MMP...
Posted 28 September 2003 - 11:37 PM
I wouldn't be surprised at all if we repeat a version of that pattern, since I believe that this top will turn out to be a massive top, just like 2000.Isn't that because the large-caps in the COMP were propped last week? I mean the NDX was hardly down at all compared to the COMP on friday. Could that be some kind of portfolio jiggering?
Lookin' for some sort of bounce right about here towards SPX 1010-20.
If we get the bounce and break SPX 1K again, I expect a good bounce around 960.
If we go through 960, that's when TEOTWAWKI scenarios come into play.
Note that bottom of both daily and weekly ribbons are in that area. No net below.
Posted 28 September 2003 - 11:42 PM
K wave rider said
Couldnt agree more - indicators work best at extremes.
This requires infrequent trading and goes against the desire for constant action.
Posted 28 September 2003 - 11:43 PM
Trade war? I'm starving to death in a cardboard box...why? the Chinese... those cheaters, they never played on a level playing field...
What the average American will think after being shaken upsidedown over a wheelbarrel...
"We are completely dependant on the commercial banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money (at the request of the consumer) we are prosperous; if not, we starve. We are absolutely without a permanent money system.... It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon." --Robert H. Hemphill, Atlanta Federal Reserve Bank,1938...
Posted 28 September 2003 - 11:44 PM
Wow, step out for a few and miss all the action. Now I know who Doc reminds me of. Burt Lancaster as Wyatt Earp in "Gunfight at OK corral".
Posted 28 September 2003 - 11:49 PM
Miss MoneyP: DO stick around, pleez.
oh. The BAREister would like to know what a MONGO lawsuit iz...
"The sphinx set riddles for people which they could not solve and the sphinx devoured them." Russian poet Ilia Ehrenberg reflecting years later upon the debacle of the Bolshevik Revolution and civil war
"In any case, experience shows people are unlikely to change their ways without a cataclysm of existential proportions" Meinhard Meigel, German economist and demography expert on his prophecy of a Wagnerian abyss of social and economic chaos
"We believe that here is no easy way out of this mess, and that the chance of a benign outcome, while hopefully possible, is quite low." Comstock Partners 3-17-2005
"Not without a shudder may the human hand reach into the mysterious urn of destiny." Junk email promoting the sale of Valium, Viagra, Soma and Cialis. Of course, we AMERICANS need not WORRY about such CLAPTRAP!!!
"The trouble about myths, or lies, is that those who foster them are stuck with them." Edward Crankshaw
"I don't buy the idea that a crash will come without warning. There are always warnings. All crashes have certain common technical preconditions." Doc (snorjt)
"YOU look IMPORTANT. Are you important, or just....WEIRD?"
"Bob I am" at a political gathering, to HRFF, 9-29-04
"Are YOU C.I.A.???"
"No, I'm not "CIA"."
"Well, you sure LOOK LIKE you're C.I.A.!!!"
Lead singer of the rock band KISS to HRFF at a luggage carousel at SeaTac airport circa 1996
"Unlike you, I use words people can understand." Doc
"America at the moment, with its faith-based currency, faith-based economy and faith-based government, might be a heaven for those who love faith, but it's a hell for those of us that respect evidence." The Daily (W?)Reckoning, circa 9-17-04
"What should be clear at this point is that even huge fiscal stimulus and unprecedented financial excess are incapable of fostering a sound and self-sustaining economic expansion. The paramount issue, today and going forward, is the deeply maladjusted U.S. economy and its increasing unresponsiveness to even enormous yet misdirected financial stimulus. Both the Financial Sphere and Economic Sphere are severely maladjusted." Doug Noland's Credit Bubble Bulletin, Aug 24 '04
"U.S. dollar purchasing power relies almost entirely on the difference between interest rates in Japan and the higher rates in the United States." Warren Pollock, Prudent Bear essay circa 9-04
"What about your replacements? the Children. What do we tell them when the whole thing caves in?" HyperTiger
Posted 29 September 2003 - 12:19 AM
With all due respect to most each and everyone....this is utter horsecrap......enough pissing and moaning.....who gives a shit what I think or what Marnmaduke thinks....move on...
Posted 29 September 2003 - 12:24 AM
Right, something is working so far. Hang Seng currently down 170 or so points in this session alone, like now!
....though not showing on this chart yet.
Anthony caused pearls to be dissolved in wine to drink the health of Cleopatra; Sir Richard Whittington was as foolishly magnificent in an entertainment to King Henry V; and Sir Thomas Gresham drank a diamond, dissolved in wine, to the health of Queen Elizabeth, when she opened the Royal Exchange; but the breakfast of this roguish Dutchman was as splendid as either. He had an advantage, too, over his wasteful predecessors: their gems did not improve the taste or the wholesomeness of their wine, while his tulip was quite delicious with his red herring.here
Posted 29 September 2003 - 12:31 AM
If you're in Calgary, I hope it's a well insulated cardboard box.
I note from some LOB posts from the past, that some posters, notably Doc, have a dim view towards options. What are the things that make this such a poor buy? I suspect it has something to do with the option writer having some ability to move the stock price. They seem kind of like some sort of bizzare lottery ticket, except that you only have a chance to win if you really know what you're doing, and inexperienced individuals are certain to be parted with their money.
Also, at one time I heard that money was the root of all evil.
Then it was the love of money was the root of all evil.
Maybe the love of printing money is the root of all evil
I can see that technical analysis can significantly help trading if a person understands the limitations of it.
I don't know if these are valid questions, but does Metastock support plug ins? The reason I'm asking is because I'd like to be able to generate envelopes real time. Until I get a good handle on exactly how cycles work, I won't feel comfortable putting money on it.
Posted 29 September 2003 - 12:32 AM
Will be watching these this week for movement one way or another.
Rumor has it around 1,000 employees will be laid off from SunTrust early this week.
Rumor has it Disney is about to shut down Walt Disney Animation (Japan), its 14-year-old Tokyo-based animation studio responsible for the "Piglet's Big Movie", "The Tigger Movie", "101 Dalmatians II", and more. Word is the studio's current project, a "Winnie the Pooh" spinoff called "The Heffalump Movie," will be its last. 103 animators out of work.
Rumor has it massive layoffs at Kaiser Permanente in the planning stages, stay tuned...
Rumor has it one-third of Zentropy Partners LA employees are about to get sacked within the next two weeks, 25 to 35 people.
Rumor has it Team America employees did not receive paychecks this most recent pay period. As of this writing, trading (NasdaqSC: TMOS) has been halted.
For the past 48 hours, about 3 million Cingular GSM cellphone subscribers in the "Great Lakes regior" have no service.
Posted 29 September 2003 - 12:37 AM
TA with different methods, to me, is like those 18 different weapons in Chinse martial art bow, crossbow, saber, spear, sword, pike, shield, axe, pole axe, crescent spear, steel cudgel, segmented cudgel, whips, rake, man-catcher, trident, flails, and firearms
Find the one you fit, if one is not enough, then try combinations
If you trust your mind, you may try buddhadropping's "Forensic Art",
Deng Xaioping said, "It doesn't matter if it's a black cat or a white cat. As long as it catches a mouse it's a good cat."
Posted 29 September 2003 - 12:42 AM
Read a lot of interesting stuff looking though M2M Weakend. Nontheless, I'm glad I wasn't here while it was happening. Jimbo's post is what I want to leave M2M Weakend with.
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