Jump to content


Photo

Mark's Thread For The Weak End


This topic has been archived.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

#16 The End

The End

    Anything is possible!

  • Moderators
  • PipPipPipPipPipPipPipPipPip
  • 10,101 posts

Posted 24 January 2003 - 09:16 PM

For what it's worth, and IT AIN'T MUCH, I expect a move to sub 800 over the next 2-4 weeks.

Two things:

I am being conservative. :wink2:

And two, Don't listen to a word a type. Just follow Doc. :grin:
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

#17 Major Bottom

Major Bottom

    Bachelor of Stock Proctology

  • Members
  • PipPip
  • 648 posts

Posted 24 January 2003 - 09:29 PM

So, the market could go up on Monday, so what. Market could rocket up on Monday in fact. Two or three points each for all hot ones. So what.

Didn't dock say February? Isn't it still January.

Don R. upsetting the Europeans? Just because he called them "a problem". Condescending, arrogant, ugly American. Could be. He's got a hard job. Trying to make this war a just and necessary war, a good war, a righteous war, is not easy. I'm with you B-4, it's tank city.

#18 Hypertiger

Hypertiger

    Assistant Professor of Stock Proctology

  • Banned
  • PipPipPipPipPip
  • 3,270 posts

Posted 24 January 2003 - 09:29 PM

SLAUGHTER STREET!!!

First day in a long time I could relax...
"We are completely dependant on the commercial banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money (at the request of the consumer) we are prosperous; if not, we starve. We are absolutely without a permanent money system.... It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon." --Robert H. Hemphill, Atlanta Federal Reserve Bank,1938...

#19 maximummark

maximummark

    Stock Proctology Intern

  • Members
  • Pip
  • 107 posts

Posted 24 January 2003 - 09:37 PM

ECO WS strong and DROOY, with 6M shorts, shouild defy its anemic chart soon, as it is too early for the inevitable nationalization of the SA miners...

#20 Hoodwinked

Hoodwinked

    Bachelor of Stock Proctology

  • Members
  • PipPip
  • 502 posts

Posted 24 January 2003 - 09:44 PM

Phat thats the funny thing about BB's work....if you get this you get that.....if you get that you get this.

From BB

FeedFool,

2/4, 2/11, 2/19

I don't know how they will play out just yet...

"For next week there are two scenarios:

a. Four sharp days down
b. Three sharp days up

I don't expect sideways action

I believe it will be b. but that's a gut feeling. I won't take any chances that's why I reduced my short exposure by 75%.

The "wheel" i posted shows a triangle (trines for the astologers) completing on Monday (or today). "

The last time BB went against the grain someone bushwacked him on IDS. The funny thing was, almost everyone had the opposite call from BB.
Guess who ended up being right? BB. We started a monster multi week rally.....BB nailed it. He has been gone for months now since that day

Just the fact that he showed up and posted his charts and made a few comments , has gotten my attention. BB never seemed to deal in absolutes.....but he is great at giving us a heads-up.

BB did not make a muti week call.....just a few days. I am hoping he shows up Monday as I have much respect for the man and his work. I am hoping he will add his insight to Doc, SG, TE , Mark, and the rest of Stool Nation.

For what its worth Hood is in 100% short....unless you want to count the 11 bucks cash left in my sweep. :grin:

#21 The End

The End

    Anything is possible!

  • Moderators
  • PipPipPipPipPipPipPipPipPip
  • 10,101 posts

Posted 24 January 2003 - 09:52 PM

I have always respected BB. He knows that.

Larry T has a possible turn on 1-30 +- 4 days.

Keep in mind that most likely any up phase from these levels ain't gonna mean too much.

If we broke 890, i would be flabbergasted.
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

#22 brian4

brian4

    Clinical Professor of Stock Proctology

  • Banned
  • PipPipPipPipPipPipPipPip
  • 9,361 posts

Posted 24 January 2003 - 09:57 PM

I agree with END on the under 800 and I agree he is being conservative-we are in uncharted waters there has never, ever been a wave 3 down of this slope and degree. Now as END said earlier it won't go straight down-there should be a bounce,rally (small) and down again-but we are in uncharted waters-watch 7800-7850 DOW-it should bounce there-equivalent SPX-842-44-for Monday a move up above 8250 would have me thinking-correction time-but any correction should not even come close to 900 SPX. Having said all this I am disturbed by the puny-no fear p/c ratio of .83 and the VIX 35.77 and QQV-38.09 if these numbers stay where they are this puppy could CRASH-interesting and historical times-and WOW we are part of it! Trade Safe!

GTN-we can only help THOSE who HELP THEMSELVES-get short and stay there.

#23 The End

The End

    Anything is possible!

  • Moderators
  • PipPipPipPipPipPipPipPipPip
  • 10,101 posts

Posted 24 January 2003 - 10:08 PM

B4,

I'm glad we agree.

Nice day today. I raise my Molson and say g-d bless the stool and doc's dad.
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

#24 The End

The End

    Anything is possible!

  • Moderators
  • PipPipPipPipPipPipPipPipPip
  • 10,101 posts

Posted 24 January 2003 - 10:13 PM

Discussed on IDS today.

The Alman Bros. :grin:



I been run down
Lord, I been lied to
And I don't know why
I let that mean woman make out a fool
She took all my money
Wrecked my new car
Now she's with one of my good-time buddies,
Drinkin' in some cross-town bar
Sometimes I feel
Sometimes I feel
Like I been
Tied to the whippin' post
Tied to the whippin' post
Good Lord, I feel like I'm dyin'
My friends tell me
That I been such a fool
But I got to stand there an' take it
All for loving you
Drown myself in sorrow
As I look at what you done
Nothin' seems to change;
That bad times stay the same,
And I can't run
Sometimes I feel
Sometimes I feel
Like I been
Tied to the whippin' post
Tied to the whippin' post
Good Lord, I feel like I'm dyin'


Done by F.Z


This is EXACTLY how the bulls are going to be feeling soon enough. :wink2:
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

#25 Whadda I Do Whadda I Do

Whadda I Do Whadda I Do

    Associate Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPip
  • 4,763 posts

Posted 24 January 2003 - 10:21 PM

I didn't know Goldmember was such a wasteful person. No one in their right mind would build a standard fireplace. 90% of the heat go up the chimney, wasted. A nice airtight wood stove lined with soapstone with double glass doors would be nice sitting in front of stone veneer and very efficient.

This site saved my slip-n-slide 401k from doom. Ever tried to trade high cap stock fund and bond/mortgage fund against each other with a day delay after ordering reposition? Make move at night, knowing full well it won't be accepted until close of next market day. Move 100% of $ in one fund over to the other depending on what I read here. Worked so far, now have funds resting in bond/mortgage fund for awhile until this massacre is over.

At the beginning of the year, sold all VanG 500 fund and put some in Usagx fund, Bearx fund and cash position. Kinda just watching it all happen now.

You guys make me look like a genius.

(yes I still have AMD)

Ordered paperwork for brokerage shorting. Will join Dr.'s charting after paypal gets new secret #.

Go ahead, void the warranty...


#26 MaxxPain

MaxxPain

    Stock Proctology Intern

  • Members
  • Pip
  • 481 posts

Posted 24 January 2003 - 10:40 PM

I'm a Zappa fan. I have Them or Us. Guess it's time to play the CD.

#27 Ned38

Ned38

    Doctor of Stock Proctology

  • Members
  • PipPipPipPip
  • 2,460 posts

Posted 24 January 2003 - 11:18 PM

Thanks End:

I am starting to feel right at home here

#28 BigWave

BigWave

    Master of Stock Proctology

  • Members
  • PipPipPip
  • 1,391 posts

Posted 24 January 2003 - 11:24 PM

B4-

Thanks for the insite on options..

I'm keeping the board's advice- stay short and wait till Stoolville says cover..

I appreciate everybody's contributions..

What an accretive week..makes you misty, almost.

Have a great weekend..God bless your father Doc.

BW

#29 gruff

gruff

    Master of Stock Proctology

  • Members
  • PipPipPip
  • 1,440 posts

Posted 24 January 2003 - 11:39 PM

GTNWORSE,

Obviously, I do not know yr investing background, nor what state yr portfolio is in. However, one thing I have observed amongst my investor friends is dat dere is a marked tendency to believe in an imminent stock mkt turnaround and economic recovery.

De reason they continually think like dis is because their portfolios are so far underwater, and de losses are so huge, dat they truly cannot bear to think of de future if things remain de same or GTWORSE.

Holding a massive losing position really screws up our cognitive faculties. It engenders unfounded hope and causes a head-in-de-sand, 'just ignore it' mentality.

Anyone who is holding a long-term losing portfolio (esp. if dat portfolio comprises many former tech-orientated hi-flyers) should consider de *only viable* course of action to put things right: take de loss *now*, and look to rising sectors (precious metals and some other commodities) to begin rebuilding some profits on de long side; and into shorting to achieve some more-immediate profits.

After de catharsis of ditching long-term losers, one is freed to begin looking for de many *new* opportunities (which abound in all types of mkts) for making profits. It's amazing how much accepting a loss, and starting afresh from a cash base, can clear de mind.

success!
gruff.

#30 The End

The End

    Anything is possible!

  • Moderators
  • PipPipPipPipPipPipPipPipPip
  • 10,101 posts

Posted 24 January 2003 - 11:56 PM

Gruff,

Good advice Stoolie.
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





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