Re Zens post-can you imagine those cretins going to a town hall meeting I bet Mama San will drive the bus while Evans presses Snows suit with him in it. Patience this beast will BREAK>
B$ The Bell, Friday, February 13
363 replies to this topic
Posted 13 February 2004 - 04:38 PM
Posted 13 February 2004 - 04:59 PM
they managed to string it out to the end. Still short from 1155 stop 1148 so I'll keep them over the weekend got 7 points on each contract locked-we could still see some action till 20 past as the window is open till then.
Posted 13 February 2004 - 05:05 PM
I luv it it is indeed selling off after the close-wowza!
Posted 13 February 2004 - 05:08 PM
Tuesday looks good for BEARS-the Trannies and the Sox got smoked- back in a bit!
Posted 13 February 2004 - 05:09 PM
HR Live Layoff Report for week ending Feb 12, 2004
A quick total shows 8009 new permanent layoffs. This is about half of what we have been seeing lately. Although two, Kmart & Tower did not list any figures yet. Also noticed that the 1000+ teachers in Chicago were not listed.
Posted 13 February 2004 - 05:13 PM
Former Boeing plant in Spokane faces layoffs
Twenty-five to 30 employees at the former Boeing parts plant in Spokane received layoff notices over the past two days as the owner, Triumph Group, cut costs to counter the weak market for commercial aircraft, union sources said.
Posted 13 February 2004 - 05:26 PM
My guess is that the record inflows will continue right up to April 15.
Now if you have 3 months of world record inflows, would you not surmise that that's as good as it gets? I would further surmise that it will be followed by a vacuum.
Taxpayers are going to be hitting their Visa cards hard the next two months to pour into those IRA's. I'm am still very cautious about these next two months until the market tells me unequivocally otherwise.
More in your Weak End Anals.
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Posted 13 February 2004 - 05:39 PM
MF inflows seem to be as good as gauge of sentiment as any. The level of inflows, $40 billion, is $480 billion annualized. Even if the January figure is usually a seasonaly strong one, this amount vastly exceeds the net savings of the country - about $150B per year. The differance must come from some type of borrowing, mortgage refinancing, etc., and would not be coming from derivitives since we are talking about individuals.
Posted 13 February 2004 - 05:48 PM
well a good day all around-no complaints -as to mutual fund inflows sure they are high but the outflows have picked up as well which to me means people are selling to get funds to prop up their deteriorating personal finances or the unemployed have to cash in to live. The market right now is sheer illusion all the stats this week were god awful and although it LOOKS like the market shrugged it off in reality it did not as the last two days attest-I think some smart money is reading the tea leafs well and getting out well the dumb money piles in just in time to hold the bag.
Posted 13 February 2004 - 05:52 PM
Roger Arnold is a hysterical emotional basket case.
That's why he doesn't trade.
One day, he says John Law II is a greatest Central Statist of all time, the next week, he says his policies are disasterous.
He owns a huge position in the CEF, yet says gold is not in a bull market.
Arnold has been wiped out and bankrupted twice.
Once as a trader.
Again as a Real Estate Pusher selling tax shelters.
He's not to be relied upon for market advice.
That's why I no longer listen to him.
PigMen Proprietary Trading Desk
The Weimar Run: Bullphoria!!!!
Posted 13 February 2004 - 06:18 PM
This game is very funny! Have a great weak-end
NONE of what I type, should be taken as financial advice.
And when you loose control, you'll reap the harvest that you've sown
And as the fear grows, the bad blood slows and turns to stone
And it's too late to loose the weight you used to need to throw around
So have a good drown, as you go down, alone
Dragged down by the stone.
Posted 13 February 2004 - 06:40 PM
Thanks, TE, that's cute! Good to see you and Brian back onboard.
Its been like having "missing family" around here.
My sister sent me this great survival link today. Its based on the Army Survival Manual.
Now, then, do YOU have a Family Disaster Plan?
I have not succeeded yet in getting my own kids talking about it.
Thought I raised 'em better than that! LOL
HyperTiger helped me see the seriousness of this.
We are subject to so many possible disaster scenarios that it seems
to me that the least I can do is try to be prepared.
My biggest fear is how we deal with the folks that did nothing to prepare.
Let's say that right at this moment, a survival-type disaster occurs.
Your computer just went off and so did the lights and TV.
And everybody else is gonna try to survive however they can.
Now..... whatcha gonna do? Do you even know the questions to answer?
Who will go to work to keep the services running?
Are you prepared to eat for more than a few days?
Who will care for the children who lose their parents?
I wonder if we as a nation are truly survivors.
I am going to order the Army Survival Field Manual from Amazon and hope it gets here before the mailmen dont show up for work.
Posted 13 February 2004 - 07:44 PM
Brian...I think you are 100% correcto...that there going to be a
seriously NICE correction coming soon.
If they hold above 1142.50 $SPX CASH....on monday..I think it will
go back up and test highs though.
I guess the whole thing hinges on when BIG money decides to pull plug.
They probably want to suck a little more IRA money etc.
It only gonna take a few big boys to start slammin in sell programs to turn the rabid bulls into FEARINGS.
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