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B4 The Bell, Moonday, August 16


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#61 brian4

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Posted 16 August 2004 - 11:17 AM

Window now closed that turn like the first was against us. Pressure is off what it does next is important. ;)

#62 yellowfish

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Posted 16 August 2004 - 11:18 AM

I wouldnt stand in front of this thing if they held a gun to my head.
This will be a wire to wire day
Count on it.

Sure is looking that way. The bushman is speaking on how good things are and how much he is doing for Americans.

He is plugging his new book.......

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#63 flockofsheeples

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Posted 16 August 2004 - 11:21 AM

what formation is this? almost a goal post, but it's missin part of the right one...
http://customer1.bar...stocks/1920.gif
I don't know why they call it hamburger helper...it seems to do just fine on its own-Uncle Eddie, "Family Vacation"

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Posted 16 August 2004 - 11:21 AM

Way too little volume to justify this kind of rally.

#65 machinehead

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Posted 16 August 2004 - 11:22 AM

By the way, the new moon (0 degree lunar phase) occurred about 12 hours ago.

These sharp, volatile pops (often reversals of the previous trend as well) are so common that I call them "zero pops."

The lunar cycle is only 28.5 days, so they don't have long-term significance.
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#66 Lock Limit Down

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Posted 16 August 2004 - 11:23 AM

What frightens me so is the nature of the move
No backing and filling. Just a straight up launch. The tiniest suggestion of selling is met with big bids.
Manipulation at its finest.
We have seen days like this so many times.
Who in their right mind is buying this garbage?
1060 was HUGE and thats why I covered there on Friday. They watch the charts as well and know when the black hole approaches.
The bounce was unimpressive at first so I reestablished only to get stopped this morning. So for now Ill watch the idiots blow their load and wait to reestablish shorts.
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#67 brian4

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Posted 16 August 2004 - 11:24 AM

Patience folks-it is early in the day, as has been noted volume is squat and we are still in resistance. ;)

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Posted 16 August 2004 - 11:26 AM

Way too little volume to justify this kind of rally.

Justification? You're looking for justification?

Monday, Scam Week, Intervention.

What's volume got to do with it?

:D

#69 brian4

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Posted 16 August 2004 - 11:26 AM

Opening now till 1/4 past the hour-Buckle up!

#70 The brown one

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Posted 16 August 2004 - 11:30 AM

what formation is this? almost a goal post, but it's missin part of the right one...
http://customer1.bar...stocks/1920.gif

Looks like a perfect cup and handle,with even a hole thro' which to put your finger!

Sorry,being silly! :lol:

#71 soup

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Posted 16 August 2004 - 11:31 AM

LLD: Maybe it is/was time for a bounce. However we can not expect the matrix to roll over, everything is riding on the dow. In fact I would argue below 10,000 shrub loses above it is his to lose.
""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

#72 soup

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Posted 16 August 2004 - 11:33 AM

there is no doubt in my mind that this kind of tick action is not sustainable. Not sure how high they can take this pig on the bounce, but we are ultimately going a lot lower. Patience, and pick ones spots. As always it is very difficult on the short side, but with patience it can be very rewarding.
""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

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Posted 16 August 2004 - 11:35 AM

Will it keep going or stop right here?

http://139.142.147.2...NX&ref_rate=180

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Posted 16 August 2004 - 11:43 AM

It's all about the oil.

They're trying to hold the price back, but when it blows up... market down, gold up.

#75 Hiding Bear

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Posted 16 August 2004 - 11:53 AM

Chavez has been approved by the people of Venezuela for the third time.

GWB's very public call for the overthrow of the Chavez reigme two years ago has well, not turned out the way he hoped:

Publicly, Washington has backed the referendum as a constitutional and democratic solution to the country's political tensions, but some US officials have unofficially viewed it as a mechanism that could bring about "regime change".

But a US official in Washington who specialises in relations with Latin America said yesterday that the administration now expected Mr Chávez to stay in power "one way or another".

"The US has put all of its eggs in the referendum basket, hoping for a Chávez loss," the official said. "Of course this is rather a risky strategy, since if Chávez wins then we are pretty much stuck with him since he will have been confirmed through a democratic process three times."



http://news.ft.com/c...000e2511c8.html

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