Kathie Lee Gifford (intc)
63 replies to this topic
Posted 14 January 2003 - 08:38 PM
I agree. Unless they make a miracle save on the Chip Equips, we should GAP down in the AM. But as we all know, anything is possible.
Posted 14 January 2003 - 09:14 PM
Yes, a pop is looking more unlikely now. The market today is weak with the index a couple of points up but battling to hang in. It did an unconvincing close above resistance yesterday so I'm thinking we could easily end up in the red today, back in the resistance zone. The golds are down again today, the charts for them not looking good in the short term.
Posted 14 January 2003 - 09:17 PM
The market closed even to higher on the jobs report last Friday so anything is possible. It's all hope and dope and wild ass speculative mania.
Posted 14 January 2003 - 09:19 PM
DA BOYZ are buying puts- SPX leaps today calls 3-puts 5,231-mini NDX leaps today calls zero puts-1,000-cboe.com/statistics now remember the commercials do this because leaps are NOT INCLUDED in the p/c/ratio so it's hard for us to follow the hot money. p/c ratio today .70-Trade Safe!
Posted 14 January 2003 - 09:22 PM
Bill has been predicting the "death gap up" for the "cabal" at 300 then 310 then 320 then 330 then 350 ...
He keeps moving the line in the sand for his spectacular short squeeze. The commericals sell for the mines, CBs, IBS, IMF, WB, etc. There is massive supply waiting to be sold. How long can demand continue to absorb this huge overhead supply?
The chart will tell us NOT Bill M. Although it is fun to read his rants.
Posted 14 January 2003 - 09:29 PM
I think Dr is right, we give the Fed too much credit
for moving the market around.
As the below chart shows, the sellers are on strike.
But this is good news - there are going to be plenty of stranded longs who are going to be selling soon enough.
The real floor to the market has been short interest. And with the sellers on strike the prospect of future short covering
Given no one on Wall Street shoots straight these days - I figure we probably need to get through earnings season (smoke & mirrors season) before this really accelerates on the DOWNSIDE.
By that stage Vesselin's indicators will be a screaming sell.
Posted 14 January 2003 - 09:48 PM
Thanks. Heat map. What a name. Makes me think the whole thing was designed by a 15 year old who likes to play fighter pilot computer games.
Posted 14 January 2003 - 09:51 PM
The U.S. Postal Service is testing for anthrax at one of its Washington, D.C., facilities
after the Federal Reserve said its own testing of mail had indicated the potential
presence of the bacteria, a postal official said. Details soon
Posted 14 January 2003 - 09:55 PM
NazQuack is now 7.45 points below Fair Value-Elvis may be leaving the building! Trade Safe!
Posted 14 January 2003 - 10:02 PM
Gosh O' golly, I sure as heck hope you are right. I am way out on a limb with IBM shorts. Shorted it again today at 88.50.
Posted 14 January 2003 - 10:18 PM
Zapata George. Two weeks in a row now He is ON! short and sweat.
Must listen. Trust me
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.
Posted 14 January 2003 - 10:26 PM
...his Crapvision comment is a hoot!
Crapvision, the king of fools!
Posted 14 January 2003 - 10:31 PM
Posted 14 January 2003 - 11:01 PM
The End congrats on your interview work. You are a credit to humanity.
Love George and his interviews. Somtimes Ike seems pained having to speak to him. But he keeps inviting him back. By the way old George called the fall rally.
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