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#151 richmtn

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Posted 26 December 2002 - 05:16 PM

from DailyReckoning.com

Business Week interviews 65 of the 'smartest
players' on the street and, guess what...62 of them say
that stocks will go up in '03


Ooooo-kay, if that isn't a sell signal I don't know what is!

Boy that was some spectacular Santa Claus rally!

Are those the same ones that said:

A. the market always goes up 9 months after the Fed starts lowering rate.

B. The market never goew down two years in a row.

C. The market never goes down three years in a row.

D. V-shaped recovery - 2000, 2001, 2002

Is that them?

#152 Takachi

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Posted 26 December 2002 - 05:17 PM

from DailyReckoning.com

Business Week interviews 65 of the 'smartest
players' on the street and, guess what...62 of them say
that stocks will go up in '03

Thats what they said, not necessarliy what they believe or that they're not selling the heck out of their own portfolios and options.


If silver passes 4.75, its off to the races. That was the line in the sand last May when it made a rapid ascent to 5.00+.

#153

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Posted 26 December 2002 - 05:17 PM

Doc
Nooooooooooooooooooooooooooooooooooooo
But did notice the avatar and considered using it.
It just seemed too  perverse
LOL

Come on Man . . . I mean really :blink:
/________
\

#154 GregFokker

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Posted 26 December 2002 - 05:20 PM

Fokker had lotsa trouble loading the pages and posting, and his rig is usually rock solid. Could be a new ad in the rotation.

Fokker loves the xmas Stool banner at the top of the page.

...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


#155 sweefraapp

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Posted 26 December 2002 - 05:21 PM

vgz

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#156 GregFokker

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Posted 26 December 2002 - 05:23 PM

Guess Santa tried to drink n fly this year.

...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


#157 Ned38

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Posted 26 December 2002 - 05:24 PM

test

#158 PileDriver

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Posted 26 December 2002 - 05:32 PM

from DailyReckoning.com

Business Week interviews 65 of the 'smartest
players' on the street and, guess what...62 of them say
that stocks will go up in '03


Ooooo-kay, if that isn't a sell signal I don't know what is!

Boy that was some spectacular Santa Claus rally!

Are those the same ones that said:

A. the market always goes up 9 months after the Fed starts lowering rate.

B. The market never goew down two years in a row.

C. The market never goes down three years in a row.

D. V-shaped recovery - 2000, 2001, 2002

Is that them?

can't say for sure but I bet it is.

More over-optimisim in:

AAII/II surveys
70-80% equity allocations per Wall St Strategists
low VIX
low PCR
Small S&P traders are very high net long per COT


2003 is going to be a horror show.

#159 MaxxPain

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Posted 26 December 2002 - 07:47 PM

Why? After having a killer first six weeks of 2002, I doubled up at the February low expecting a crash. No stops. Got stubborn. Got blown out. Dumb.

I have a mental block on stops. I don't have stops on any of my positions. I want to use stops but I don't know how close to put them. I was just about to take my almost 10% loss on IBM at 88 then the garbage came back down. Today IBM looks really bad.





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