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The Potion


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#1

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Posted 03 December 2002 - 08:43 AM

The Potion
==========

Once upon a time, there was a young woman who was constantly nagged by her mother-in-law.

Eventually the young woman could no longer stand this aggravation and went to the local herbalist for some poison to kill the old woman.

After some thought, the herbalist gave her a heavily-scented potion. He told her this potion should be massaged into the skin daily, and after six weeks, her mother-in-law would die.

The young woman did as instructed. Each day she gave her mother-in-law a massage with the potion. Gradually the old woman's angry temper seemed to disappear, and empathy grew between the two women. After awhile, they started to understand and respect each other.

The young woman began to regret her desire to kill her mother-in-law, and as time ran out, she became increasingly worried.

She returned to the herbalist and begged for an antidote to the poison.

The wise old man smiled and explained that no medicinal antidote was needed. The poison she had been massaging into the old woman's skin was simply a mixture of aromatic oils.


Author Unknown


From The Mountain:

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#2 DrStool

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Posted 03 December 2002 - 08:58 AM

Just a reminder that the other message board will be shut down for posting on December 7. We will finally be reunified in one place. Make sure you are registered on this board. All users previously registered on the old Intraday Stool board are registered here. You simply need to log in once and a cookie will be set on your computer so that you don't need to log in thereafter. If you are not registered, please do so. If you have forgotten your password, use the lost password link on the log-in screeen. The board will send you a new one which you can then use to go to "My Controls" and reset your password.

Have fun! Many tanks to all for your patience.


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#3 DrStool

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Posted 03 December 2002 - 09:08 AM

Interesting charts today in Stoolwethers

Uncle Buck and the Golden Stool are up in the Anals. Posted daily at 7:15 AM.

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#4 BubbaBear

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Posted 03 December 2002 - 09:20 AM

Doc, maybe you need to expand the cycle chart and add the 10-13 cycle low blue line so the market knows where it's supposed to go :D

#5 simple guy

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Posted 03 December 2002 - 09:22 AM

I think these comments for nervous bears on the Tech stocks are worth reading, these are my opinions fwiw:

1. We all know that 4th quarter of EVERY year is seasonally the strongest for Tech spending

2. IT budgets that were laying somewhat dormant going into q4 of this year are spent up by the IT managers by years end, otherwise they lose the $$.

3. Q1 03 will turn into practically a "shut down" in business orders across the board, with only a few exceptions.

4. QQQ and NAS DUCK will be re-priced swiftly and properly as this becomes reality.

5. The smart $$ is already out.

Disclosure, I am as of last night 100% positioned at 200% short the Q's... there may be 1-2 days of upside left with Intel, Cisco, Nokia conferences... but my guess is any "good" news will be sold... beginning the corrective leg down towards 25.90 on the Q's...

#6 simple guy

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Posted 03 December 2002 - 09:26 AM

A few more quick Bear takes

There is one big AIR POCKET to be filled on the NDX (QQQ) to about 970 ish... closed at 1120 yesterday. Y'all can do the math there
NDX Chart

Also ,the "good" CTXS news this morning, keep in mind... they are in q4, They will tail off in q1, and even with the good news... the revenues are still 20% below last year.

Uh- Huh...

#7 GregFokker

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Posted 03 December 2002 - 09:29 AM

The US Dollar
Posted Image
Credit: http://quotes.ino.com

Gold
Posted Image
Credit: http://cdchart.innovative-software.com

NDX Future
Posted Image
Credit: http://money.cnn.com

S&P 500 Future
Posted Image
Credit: http://money.cnn.com

...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


#8 PileDriver

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Posted 03 December 2002 - 09:31 AM

It's PIG ROAST DAY!

#9 Bearman

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Posted 03 December 2002 - 09:34 AM

The Sew-Pig or s-peeeee has rubbed its lipstick
off on the neckline. This Bear mk rally has sucked in
all it can suck. there are many gaps below,ie airpockets

The tinder is dry all we need is a spark.

Waiting for the implosion to new lows!

The GRIZZLY IS COMING OUT OF HIBERNATION!

Katie leave the door open or I will tear it down
and eat you alive.......................

#10 PileDriver

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Posted 03 December 2002 - 09:34 AM

The only way this pig can punch through 950 is if it "backs-and-fills" first, the rally that is underneath it is Wonder Bread loaded with some many gaps and air pockets that when it pulls back to "back-and-fill" its going to be a full out panic/collapse right through the Oct lows.

#11 simple guy

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Posted 03 December 2002 - 09:35 AM

Rising final version of this bearish wedge should end today folks... also, see the AIR POCKET to 1300 on the NAS... its coming and it will come fast.

IMHO of course... I could be wrong... heh heh

Attached Images

  • nazdaily3.gif


#12 DrStool

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Posted 03 December 2002 - 09:36 AM

Doc just wants to say, I really love you guys!

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#13 PileDriver

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Posted 03 December 2002 - 09:38 AM

Interesting stat from VectorVest's Market Timing Index (MTI) which has been pegged above the unusually high 1.6 level for three days now.

The longest consecutive days above 1.6 is 6 days, shortest 3 days. In every case afterwhich the market always headed down the crapper and never looked back.

Dates MTI over 1.6

1/31/2001
5/22/2001
12/7/2001
1/4/2002
12/2/2002

I like these odds, especially since my e-wave guy (and SG) see the wave 2© rally complete as of yesterday and Doc cycles way overdue.

#14 Charmin

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Posted 03 December 2002 - 09:42 AM

S&P rally is getting "long in the tooth" - with Bearish upthrust so says Tim Ord
Cycles + Wyckoff + NTM = TechnoPile
A true Master averts disaster

#15 Bearman

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Posted 03 December 2002 - 09:42 AM

In the truth is stranger than fiction file.

robert frolick on crapvison this am.

Always bullish All The Time! When he Capitulates

I will help him out....





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