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Santa Claus?


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#31 torah man

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Posted 30 December 2002 - 11:00 AM

piledriver,

you at home or in the office??

#32 PileDriver

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Posted 30 December 2002 - 11:03 AM

remember how we slowly faded away from the March highs. Anyone who was burned by the March madness rally sat there waiting and waiting and waiting sure that a "pop" was going to happen to try to catch the perfect entry. Never happened. That's what bear markets do after a major top is put in, drift away so slowly - its not noticed by the bulls so they stay in hoping and the bears are timid (pop-phobic) so they don't act and miss the big slide, It never unfolds the way you think it will. Preconceptions will cause you to miss the boat. Toot, toot!

#33 fxfox

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Posted 30 December 2002 - 11:04 AM

guten tag liebe stoolies!

fokker,

2 billbion net add? :o
'patriot' is formed with 'patria' and 'idiot'

#34 PileDriver

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Posted 30 December 2002 - 11:05 AM

2 bill net add and it'll go right into Treasuries, gold, and commodites, not equities :lol:

#35

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Posted 30 December 2002 - 11:07 AM

CBOE Intra-day Put/Call

9:00 AM CST

Equity 0.57
Index 0.70
Overall 0.60

Attached Images

  • index.12300900.gif


#36 Rockhead

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Posted 30 December 2002 - 11:08 AM

Open all day tomorrow, closed Wed.

Tanks, Fokker.

#37 PileDriver

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Posted 30 December 2002 - 11:08 AM

Friday's brief high PCR numbers were an anomoly. Once again proof you need to follow the 21 or 10 day MA of it.

#38 DrStool

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Posted 30 December 2002 - 11:09 AM

As usual Doc agrees with Piles' deep insight. :wink2:

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#39 GregFokker

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Posted 30 December 2002 - 11:09 AM

Thatz right, Foxie.

...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


#40 DrStool

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Posted 30 December 2002 - 11:11 AM

Hey there edf! Or shall we call you Mr. Hanky?

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#41 HardAssets

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Posted 30 December 2002 - 11:13 AM

Doc, aren't there some divergences going on with Stoch and MACD against the SPX for the past few days. Wouldn't that signal a short ter move higher??

#42 PileDriver

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Posted 30 December 2002 - 11:13 AM

there is absolutely no support underneath this pig. The prior motivation to float this load is now over as the year is out. Everyone is bullish and has piled on for maximum capital depreciation.

#43 PileDriver

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Posted 30 December 2002 - 11:15 AM

edf should change his name!!! Mr Hanky does beat edf100

#44 sweefraapp

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Posted 30 December 2002 - 11:17 AM

Posted Image

#45 sweefraapp

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Posted 30 December 2002 - 11:20 AM

Nov. existing home sales down 3.5% By Rex Nutting
U.S. home resales fell 3.5 percent in November to an annual rate of 5.56 million, the National Association of Realtors said Monday. The NAR said that despite falling mortgage rates in November, the market was unable to sustain a robust October sales pace. November sales were 5.9 percent above sales in November 2001. The NAR predicts a record sales pace at 5.5 million or greater for 2002. The group expects higher mortgage rates to cool activity next year, although housing should continue to drive U.S. growth.





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