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#16

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Posted 07 January 2003 - 09:14 PM

Hmmm well today's market not as bearish as I'd like to see it. Repeated attempts to crank some upside enthusiasm but doesn't seem to be working. On the other hand not a heap of downside either although the golds taking a hit. I would not like to see a pop here as most stocks banging up against massive resistance and any break through that would mean a decent sort of rally, not good for my puts. Personally I think any action will be sideways at best as not enough strength to push this thing up but sideways makes no one happy except option sellers...Just have to wait for the herd to stampede I guess....

#17 Yaryman

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Posted 07 January 2003 - 09:15 PM

Don't you hate it when the facts get in the way of a good dividend tax cut story?

From Bill Fleckenstein last night:

"On that score, I would like to share some comments by the always insightful Dick Russell of the Web site Dow Theory Letters. Inspired by a letter to the editor that ran in this past weekend's Barron's, he said: "The reader notes that the S&P dividend yield is currently 1.75%. Many anal cysts think that the yield for the S&P could be boosted to 3% or even 4%. Not so. Currently, S&P companies pay out 53% of their earnings in dividends. In 1981, at which time the S&P yielded 6%, its companies paid out 45% of their earnings in the form of dividends. But currently, this can't happen. There just aren't enough earnings."

http://www.thestreet...p/10061323.html

He went on to say to only way possible for the S&P dividend yield to reach 3% to 4% would be if either the compies paid out 100% of their earnings or the S&P was cut in half.

Maybe we will get the second choice.

#18 The End

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Posted 07 January 2003 - 09:15 PM

http://aegeancapital.../Zapata/pg1.htm

Zapata George sounds pretty good today :blink:
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.


--Waters

#19 GregFokker

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Posted 07 January 2003 - 09:19 PM

I note that the ozzies and the cmaps look unpleasantly bullish on Doc's COMPX charts from tonight's anals.

...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


#20 The End

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Posted 07 January 2003 - 09:20 PM

What the hell happened with simple guy?
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.


--Waters

#21 brian4

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Posted 07 January 2003 - 09:23 PM

PHAT- solar-lunar reversal zone-in this case the 1st quarter moon in the sun sign of capricorn. RICH the next Fibo date of note is Jan.13-16-plus or minus 1 day-sometimes they work-sometimes they don't. Trade safe!

#22

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Posted 07 January 2003 - 09:24 PM

. . .

Mercury retro generally means a top is forming-tomorrow thru Friday is a solar-lunar reversal zone which almost always signifies a huge reversal from a low or a high.


actually, the onset of mercury Rx is the dinger for a reversal (if i remember, hoodwink cited a 70% or so correspondence). once it's goin backwids, it's goin backwids.

what's a solar-lunar reversal zone?

I don't know what it is but, 5 will get you 10 you need special plates to park there.

I have a question for the lavatory. . . I mean peanut gallery.
I'm thinking of shorting XLNX. Does anyone find Xilinx a lousy candidate? I'd like to go down on her tomorrow or Turdsday.

TIA

#23 wndysrf

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Posted 07 January 2003 - 09:27 PM

Hello Riverboaters....

Glad to have the day off today.

Looks like I missed a lot of sword slashing in the Arena.

New highs on ORCL, BEAS, and MERQ???

IBM popped again?

Final top on QLGC and XLNX?

Naz 5-day ARMS near a record low again.

Stocks pushing to new highs today on big volume means means were are at an intermediate top, not the final top.

Looks like we are in the exact same pattern as Summer 2001, up, down, up, down.

So many were convinced to go long.

Shorts repeatedly blown out.

Then the Sept. 11 lows.

Which top is this?

Will the next top be higher or lower?

This configuration of multiple tops solves the puzzle about the multiple Fib clusters in January and February.

I plan on using the next downwave to close all shorts.

Then I'll load up on new shorts on the NEXT top.

Commentary will resume tomorrow.

Next buying opportunity in gold and silver shares coming up....

As long as the volume doesn't get out of hand when they sell off.
PigMen Proprietary Trading Desk

The Weimar Run: Bullphoria!!!!

#24 phatbubble

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Posted 07 January 2003 - 09:28 PM

I'm thinking of shorting XLNX. Does anyone find Xilinx a lousy candidate? I'd like to go down on her tomorrow or Turdsday.

i think col dashey mentioned doing same.
Quod Severis Metes

Your life is the sum of a remainder of an unbalanced equation inherent to the programming of the Matrix. You are the eventuality of an internal anomaly, which despite my sincerest efforts, I have been unable to eliminate from what is otherwise a harmony of mathematical precision. While it remains a burden assiduously avoided, it is not unexpected, and thus not beyond a measure of control. Which has led you, inexorably, here.
You haven't answered my question.
Quite right. Interesting. That was quicker than the others.

#25 GregFokker

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Posted 07 January 2003 - 09:34 PM

Rich, I always figured that you count the golden sequence starting from the start date across different time frames. I guess. But have never read up on, so don't know how fib turn dates are calculated.

...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


#26 The End

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Posted 07 January 2003 - 09:35 PM

Mousey,

I am not reco. anything but, it's 150day sma is flatening out from a decline and it is trading well over that. A move back to it's ma is possible. (21ish)

Do keep in mind the rising volume on this advance however.

If it where me, i would not do it.
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.


--Waters

#27 Charliss

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Posted 07 January 2003 - 09:42 PM

I'm thinking of shorting XLNX.

XLNX- I watched it today for a short at around 26 but decided to see what tomorrow brings. Pru raised its rating on it today and so I would assume they are up to something with this.

#28 Yaryman

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Posted 07 January 2003 - 09:46 PM

Gateway warns tonight.

"POWAY, Calif. (AP) -- Struggling computer maker Gateway Inc. warned Tuesday it expects to post a larger-than-expected loss for the fourth quarter due to disappointing holiday sales."

http://biz.yahoo.com.../gateway_2.html

Most likely means nobody will upgrade the semis for a least one day.

#29 anotherone

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Posted 07 January 2003 - 09:47 PM

he can't give me any details but next week
"something very BIG is going DOWN". :blink:

Probably WAR.
"Calista Flockhart's top is not near as significant as Maria's bottom."
--"Zapata" George Blake 8/5/2003

#30 Guest_hemroid2_*

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Posted 07 January 2003 - 09:51 PM

hmmmm if I knew what was going down next week I could buy me a big old ocean cruiser and gamble from the high seas





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