Jump to content


Photo
- - - - -

B4 The Bell, Tuesday April 13


This topic has been archived. This means that you cannot reply to this topic.
253 replies to this topic

#46 soup

soup

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 11,230 posts

Posted 13 April 2004 - 10:43 AM

the mkt "feels" like we still have the last of the ira's and op ex to condent with, but after those are past we should finally break 10,000 with some authority.
""Pretty bubbleheads preen daily on our financial networks, playing the shill to Wall Street and Washington in order to lure unsuspecting Americans into buying insanely overvalued stocks. The great market exchanges, once prudent arenas of investment where the engine of capitalism traded value for value, have become sham casinos staggering under decades of massive Fed created debt and lurching into oblivion on the greater fool theory. Yet our high level bureaucrats, led by Alan Greenspan, exhort all Americans to consume still more of their seed corn and seek still more fools." N. Hultberg

#47 machinehead

machinehead

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 13,180 posts

Posted 13 April 2004 - 10:50 AM

Sixty (60) new lows on NYSE -- A/D ratio almost 3.5-to-1 negative.

The indices aren't reflecting the damage. These are bad numbers.
"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

#48 Pee Brain

Pee Brain

    Assistant Professor of Stock Proctology

  • Members
  • PipPipPipPipPip
  • 3,244 posts

Posted 13 April 2004 - 10:52 AM

Detroit is notorious for bringing to market precisely the wrong products at precisely the worst time. Is it any wonder then that the most oversized, gas-guzzling vehicles all hit the market last year...the same year that they tabled the development of hybrid vehicles and we invaded Iraq?

The wisest leaders among us cannot be elected. The American people would never elect someone who told them the truth about the condition of this country, nor would business leaders tolerate it.


spot on plunger -

there is a waiting list to buy toyota prius on west coast, and if copper keeps going up, they are gonna get more expensive. ive discussed with my children that we have adequate time to adjust since the oil shock.

here in socal - many people live in south riverside and work in north san diego and many people live in north san diego and work in south orange county - just one big swirl of humanity.

its a shame when our politicians are basically DUDS.

gonna get a shot to reload CEF below the 5.74 BO level?
Iat least we're all safe for now. thank God we're in a bowling alley.

#49 Lock Limit Down

Lock Limit Down

    Professor of Stock Proctology

  • Banned
  • PipPipPipPipPipPipPip
  • 5,274 posts

Posted 13 April 2004 - 10:53 AM

Sixty (60) new lows on NYSE -- A/D ratio almost 3.5-to-1 negative.

The indices aren't reflecting the damage. These are bad numbers.

Not to speak of a tick I havnt seen so weak in years
They are running to the big caps

The Ted Spread also signifcantly widened today indicating a flight out of Eurodollars

Not good for the bulls
Posted Image
"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

#50 BAREister

BAREister

    Clinical Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPip
  • 8,469 posts

Posted 13 April 2004 - 10:54 AM

Sixty (60) new lows on NYSE -- A/D ratio almost 3.5-to-1 negative.

The indices aren't reflecting the damage. These are bad numbers.

The subsurface deterioration hASS been occurring FUR weeks.
Insiders are engaged in a frenzy of selling.

HAYWIRE theory suggests the market will flounder here, where, were it healthy, it would consolidate and ramp still FURther.

#51 Lock Limit Down

Lock Limit Down

    Professor of Stock Proctology

  • Banned
  • PipPipPipPipPipPipPip
  • 5,274 posts

Posted 13 April 2004 - 10:57 AM

FNM and FRE up on the moves in yield
Most manipulated stocks in the index
MMs buying hand over fist
We still havnt had a positive tick since the open
Posted Image
"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

#52

  • Guests
  • 0 posts

Posted 13 April 2004 - 11:03 AM

OxyContin maker expected to announce layoffs
Boston.com, MA - 29 minutes ago
HARTFORD, Conn. (AP) Purdue Pharma, maker of the lucrative but controversial painkiller OxyContin, is expected to announce about 300 layoffs Tuesday

http://www.boston.co...nounce_layoffs/

Re: Dupont 3500 job cuts
Of the layoffs, approximately 70 percent will come from United States and Canadian operations, with the remaining 30 percent taken from the European workforce.

http://www.chillicot...ews/224316.html


Kilpatrick: Cut 640 jobs, freeze hiring
Detroit bus system would take heaviest hit as city struggles with $333M gap in budget

http://www.detnews.c.../a01-121253.htm

#53 dogsie

dogsie

    Associate Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPip
  • 4,809 posts

Posted 13 April 2004 - 11:05 AM

Definately a bit of an odd start to the day. Internals are terrible but trin at .8 is quite bullish. I suppose there is still tremendous buying interest in the few stocks that are going up.
Insanity: doing the same thing over and over again and expecting different results. Albert Einstein
You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time. Abraham Lincoln
Those who cannot remember the past are condemned to repeat it George Santayana

#54 machinehead

machinehead

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 13,180 posts

Posted 13 April 2004 - 11:09 AM

New Lows now 68 on the NYSE.

Somebody wants out and is just hitting the bids on a wide range of issues.

Is another geopolitical event coming?
"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

#55 Butterfield 8

Butterfield 8

    Master of Stock Proctology

  • Members
  • PipPipPip
  • 1,740 posts

Posted 13 April 2004 - 11:13 AM

MH - wouldn't gold be sniffing that out if so?

#56 zensmoke

zensmoke

    Doctor of Stock Proctology

  • Members
  • PipPipPipPip
  • 2,563 posts

Posted 13 April 2004 - 11:14 AM

DJ Italy Won't Negotiate With Iraqi Hostage Takers - Agency

ROME (AP)--An Italian minister said Tuesday that his government wouldn't negotiate with the Iraqis who have taken four Italians hostage, the ANSA news agency reported.

The Foreign Ministry confirmed Tuesday that four Italian private security guards working for U.S. company DTS Security, are missing in Iraq. An Arab satellite television network said the four were kidnapped by Iraqi insurgents.

The Foreign Ministry said it had information from the company that the four went missing Monday.

The Italian news agency AGI and other reports said the four were taken hostage in the city of Fallujah, 55 kilometers west of Baghdad.
Dow Jones Newswires

#57 brian4

brian4

    Clinical Professor of Stock Proctology

  • Banned
  • PipPipPipPipPipPipPipPip
  • 9,361 posts

Posted 13 April 2004 - 11:19 AM

Helmets on, buckle up open now for 30 minutes-lock n load!

#58 brian4

brian4

    Clinical Professor of Stock Proctology

  • Banned
  • PipPipPipPipPipPipPipPip
  • 9,361 posts

Posted 13 April 2004 - 11:22 AM

Now it gets REAL NASTY-all of yesterdays gains are gone! ;)

#59 zensmoke

zensmoke

    Doctor of Stock Proctology

  • Members
  • PipPipPipPip
  • 2,563 posts

Posted 13 April 2004 - 11:23 AM

Huge boost for troop numbers
By Phillip Coorey, Malcolm Cole and wire services
14apr04

US President George W. Bush is today expected to announce a massive injection of extra troops into Iraq in a bid to quell American unease about the deteriorating security in the country.

Overnight the US also foreshadowed a major offensive against the militia of radical Shiite Muslim cleric, Moqtada al-Sadr.
US troops arrested al-Sadr's chief aide Sheikh Hazem al-Araji as he was leaving a television interview in a Baghdad hotel last night.

In a rare press conference today, Mr Bush will attempt to convince Americans - and the world - that not only must the coalition presence in Iraq continue, but that it must be strengthened.

The Bush administration is dealing with the greatest number of American combat deaths in any single month since it sent troops to Iraq and growing opposition to the war among Americans.

The US commander in Iraq, General John Abizaid, yesterday paved the way for Mr Bush's announcement.

General Abizaid said that he needed two extra combat brigades, equal to about 10,000 soldiers, in addition to the 135,000 US troops who are already in Iraq.

General Abizaid told reporters in Washington that the return of some troops from Iraq to the US would almost certainly be delayed.

He made a request to the Joint Chiefs of Staff and to the Defence Department in Washington for the extra combat brigades.

"In terms of capability, what I have asked for is essentially to have a strong mobile combat arms capability," General Abizaid said.

"That's about probably two brigades worth of combat power, if not more.
http://www.heraldsun...255E401,00.html

#60 rog

rog

    Assistant Professor of Stock Proctology

  • Members
  • PipPipPipPipPip
  • 3,891 posts

Posted 13 April 2004 - 11:25 AM

New Lows now 68 on the NYSE.

Somebody wants out and is just hitting the bids on a wide range of issues.

Is another geopolitical event coming?

There has been an enormous seller of spoos (unwinding long position) this morning "rotating" through the white shoes so as to move inventory without spooking the markets.

imo two pillars of the reflation trade, ultar low rates & declining $, have collapsed. The last pillar long stocks, bonds &/or commodities must get punished.

Note the Egyptian market just made a 7-year high. What do they export? some cotton. What do they import? Everything else. Do they have a stable currency? No. Why is it making a parabolic move much like Kuwait, Saudi Arabia, Pakistan, and all the other cats & dogs? Liquidity searching for any yield above 1%. No different than a bulletin board stock trading 500 shares/day for 5 years and suddenly trades up 100% per day on 40m shares/day for a week. This kind of action does not happen at the beginning of bull moves





Stock market portfolio giving you the runs? See Dr. Stool.

Take a subscribatory!
Download 
The Anals of Stock Proctology now!



The Daily Stool - Stock Market Message Board
Stool's Gold- Gold and Precious Metals Forum
Look Out Below Message Board

Support your local Stool Board.


The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!
Get Mugged!


Dr. Stool's
Book Search

Enter title, author, or keyword
Just books
All Products





Old Stool Depository

Live Steaming Pile Chart