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B$ The Bell, Moonday, March 15


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#1 Hiding Bear

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Posted 15 March 2004 - 01:14 AM

:D Welcome to B$ the Bell :D

A new 'planet' is discovered. What does it portend for the cycle theories or the market?

Astronomers have detected what could be the Solar System's 10th planet.
Found further away than other planets by the recently launched Spitzer Space Telescope, it has been called Sedna after the Inuit goddess of the ocean.


http://news.bbc.co.u...ech/3511678.stm

NASA Schedules News Briefing About Unusual Solar Object
http://www.nasa.gov/...lar_object.html

The Kuiper Belt
http://www.ifa.hawai...~jewitt/kb.html

PS - An excellent discussion of current economic events and themarket took place this weak-end on B4. check it out here if you missed it:
http://www.capitalst...00

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#2 BearHugs

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Posted 15 March 2004 - 07:57 AM

Unemployment Down Slightly
03/15/2004 04:16:24

(Los Angeles, CA) -- Unemployment in California was down slightly in February. California's unemployment rate is 6.2 percent. That's a drop of 0.6 percent over last year at this time. The State Economic Development Department says roughly 243-thousand more Californias were employed this year compared to last. The Press-Telegram reports L.A. County's unemployment rate is 6.1 percent. Overall, the state reports 16.5 million people are employed while 1.1 million are jobless.<


Local News

#3 Lock Limit Down

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Posted 15 March 2004 - 08:29 AM

The weakness in Europe is of no concern to the earlybirds buying the spoos this
morning. Another stick save as the 3 am jam job is MIA.

Last 1115.75 up 4.75 points off the lows
same ole same ole

Saw technical analist J Weiss on with Liz Claymen this am Crapvision
Almost to funny for words as this raving bull was questioned by the hosts about what this little arrow meant and that trend line over there.
Mr Weiss went on to explain he thought the Transportation average was "mildy bullish" for reasons I happen to have missed. Of course he never mentioned we had a Dow theory sell signal when the Transports failed to take out thier high after the Feb 11 high on the dow of 10737 and went on to take out thier low of Feb 4.
Richard Russell where are you?


Is it just me or is the entire world fixated on TA these days :ph34r:
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"If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered." --- Thomas Jefferson

#4 BearHugs

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Posted 15 March 2004 - 08:43 AM

Was that a dow theory sell signal?

#5 machinehead

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Posted 15 March 2004 - 09:06 AM

BearHugs

from the Kate Welling "Acute Observations" reference that you posted last night --

“What would Indian techies give for just one day of America's rule of law; its dependable, regulated financial markets; its efficient, noncorrupt bureaucracy; and its best public schools and universities? They'd give a lot."

- Thomas Friedman, NY Times 7 March 2004


It's time to give Thomas Friedman his due, as America's greatest comedy writer since Mark Twain.

Link
"GOLD -- it's not just for misers anymore."

"Dollahs -- fire-starters for the K-wave winter." - Drano

"Three humps and a dump." - anotherone, 21 SEP 2004

"No gold was harmed in the making of this movie." - Bizarro Greenspan

[i]"Da Track. Da place where Morons bet on Animals Controlled by Criminals."
- our jickiss

#6 BearHugs

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Posted 15 March 2004 - 09:09 AM

MH - funny stuff! :lol:

Anyone, I'm showing C up 49 cents this morning. Is that right?

#7 DrStool

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Posted 15 March 2004 - 09:16 AM

Long Term Outlook Updated

4 Year Cycle Topping Process Under Way

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#8 Bearman

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Posted 15 March 2004 - 09:20 AM

thats what ameriturd shows me +.49

#9 Bearman

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Posted 15 March 2004 - 09:29 AM

C up pre mk up .69 :lol:

maria confesses "LIVE" OWNS 1000 shares

she didnt say she was selling :lol: hmmmm .69

#10 BearHugs

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Posted 15 March 2004 - 09:36 AM

March EMPIRE state 25.33 vs 38 expected

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Posted 15 March 2004 - 10:06 AM

9:03am 03/15/04
Nortel puts CFO on leave amid accounting probe (NT) By Jeffry Bartash
WASHINGTON (CBS.MW) -- Nortel Networks (NT) on Monday put its chief financial officer and controller on leave of absence in the wake of an accounting snafu that's likely to force the company to restate financial results for 2003. CFO Douglas Beatty and controller Michael Gollogly have been placed on paid leave of absence pending completion of an internal review first announced last October. Last week, Nortel delayed its annual 2003 filing as the probe expanded.

#12 brian4

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Posted 15 March 2004 - 10:17 AM

Good Morning crew-window at the bell for 35 minutes-market will open down Lock n load helmets on, buckle up! ;)

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Posted 15 March 2004 - 10:26 AM

9:03am 03/15/04
Nortel puts CFO on leave amid accounting probe (NT) By Jeffry Bartash
WASHINGTON (CBS.MW) -- Nortel Networks (NT) on Monday put its chief financial officer and controller on leave of absence in the wake of an accounting snafu that's likely to force the company to restate financial results for 2003. CFO Douglas Beatty and controller Michael Gollogly have been placed on paid leave of absence pending completion of an internal review first announced last October. Last week, Nortel delayed its annual 2003 filing as the probe expanded.

I got short 3,000 shares of NT last week. There was already a story about accounting restatements on Thursday, and then it got ramped on Friday along with everything else...anyway. Anyone who was stupid enough to buy that bounce deserves what they get.

This ought to be a fun day.

#14 brian4

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Posted 15 March 2004 - 10:34 AM

bought 1120 puts stop 1123

#15 brian4

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Posted 15 March 2004 - 10:38 AM

stop 1120





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