In The Beginning The Genesis of the Stool
#1
Posted 25 January 2003 - 10:46 AM
In the dream, I, as editor and publisher, would guide this group of brilliant minds by merely setting a few simple rules of civility, then standing aside and letting the writers be themselves. The writers woUld then attract readers and more writers, who would then attract even more readers and writers and so on. In other words, "If you build it they will come."
Two and a half years ago, at the opportune moment, I opened the virtual doors to this publication.
In the beginning there was Dr. Stepan N. Stool, the Stock Proctologist and died- in-the-wool superbear.
On the first day Dr. Stool looked at the financial firmament and he smelled something funny. So he said,
Let there be Capitalstool.com, not just the same old bull.
And there was Capitalstool.com, not just the same old bull. And Dr. Stool saw that it was good.
On the second day, in market time (it was actually four months later) Dr. Stool said,
Let there be the Stool Pigeons Wire, a message board that Wall Street would hate the most. If I build it, they will come.
And there was the Stool Pigeons Wire. And Dr. Stool saw that it was good.
And Dr. Stool wrote on the message board what the Great Bear told him. "Wall Street will rain bullshit for 40 days and 40 nights." (Again, this is in market time.) "All the bulls and sheep will drown in it and will perish from the firmament."
And Doc knew that this was what he smelled. "So invite bears and stool pigeons of each kind to the Stool Pigeons Wire. There they will be safe from the storm of bullshit, and they in turn will bring others in from the storm.
And so Dr. Stool wrote, and he invited the stoolies and bears to come. And Dr. Stool saw that it was good. And since he had worked for two days and saw that it was good, he rested.
And the Stool Pigeons Wire begat the first stoolie. Naturally, the first stoolie was a fly, because as you know, flies are always hanging around, yes well, ahem. So the first stoolie, having nothing better to do, came and alighted on the Wire. And the name of the first stoolie was
BAREister. And BAREister wrote and Dr. Stool saw that it was good.
And BAREister begat yobob1.
And Dr. Stool saw that it was truly good. And Dr. Stool said to BAREister and yobob1, Let there be light! And sure as hell, there was light! Most of it coming from yobob1, but I digress.
And yobob1 begat Bond and kokosha and GeoffreyT and Joestool and Hornblower (LostLosses) and bullshit and SusanJBear and mathbear and vodka1, some of blessed memory, passed from the firmament to the great Bear market in the sky.
Lo now, yobob1 and BAREister were with child, and the child they begat was the good son, who when he reached manhood was turned astray, and whose return Dr. Stool anxiously awaits. And his name was machinehead.
But before he left machinehead and yobob1 and BAREister begat zhungmei and beachbum and virtual stool and mikesteger and Stutz and Crackbaby (Dr. Bull) and TGakaTheBigHurt.
And then machinehead and yobob1 and BAREister and zhungmei and beachbum and virtual stool and mikesteger and Stutz and Crackbaby (Dr. Bull) and TGakaTheBigHurt begat QuantomOnion and subprime and Nurse Ratchett and
Takachi.
And machinehead and yobob1 and BAREister and zhungmei and beachbum and virtual stool and mikesteger and Stutz and Crackbaby (Dr. Bull) and TGakaTheBigHurt and QuantomOnion and subprime and Nurse Ratchett and Takachi begat Buskow and sigmoidoscope (aka JesseL) and Easy Al and Jack Mehoff (God Bless you Jack as you pursue your military career) and Ausable, and Hairy Discordaian, and ernstime and ShitEatingGrinner and
alceringa.
And Dr. Stool saw that it was good.
And machinehead and yobob1 and BAREister and zhungmei and beachbum and virtual stool and mikesteger and Stutz and Crackbaby (Dr. Bull) and TGakaTheBigHurt and QuantomOnion and subprime and Nurse Ratchett and Takachi and Buskow and sigmoidoscope (aka JesseL) and Easy Al and Jack Mehoff (God Bless you Jack as you pursue your military career) and Ausable, and Hairy Discordaian, and ernstime and ShitEatingGrinner and alceringa begat old habits die hard and lb (aka Morass and Shampoo) and the Ubend and pinchaloaf and getsoutalive and
K Wave Rider.
And Dr. Stool saw that it was good.
And machinehead and yobob1 and BAREister and zhungmei and beachbum and virtual stool and mikesteger and Stutz and Crackbaby (Dr. Bull) and TGakaTheBigHurt and QuantomOnion and subprime and Nurse Ratchett and Takachi and Buskow and sigmoidoscope (aka JesseL) and Easy Al and Jack Mehoff (God Bless you Jack as you pursue your military career) and Ausable, and Hairy Discordaian, and ernstime and ShitEatingGrinner and alceringa and old habits die hard and lb (aka Morass and Shampoo) and the Ubend and pinchaloaf and getsoutalive and K Wave Rider begat
prolerbear and
PretzlLogic
and richmtn
and pigeon and lost in space and Into The Fire and Lesser Fool and
blackbelt.
And Dr. Stool saw that it was very good indeed.
So machinehead and yobob1 and BAREister and zhungmei and beachbum and virtual stool and mikesteger and Stutz and Crackbaby (Dr. Bull) and TGakaTheBigHurt and QuantomOnion and subprime and Nurse Ratchett and Takachi and Buskow and sigmoidoscope (aka JesseL) and Easy Al and Jack Mehoff (God Bless you Jack as you pursue your military career) and Ausable, and Hairy Discordaian, and ernstime and ShitEatingGrinner and alceringa and old habits die hard and lb (aka Morass and Shampoo) and the Ubend and pinchaloaf and getsoutalive and K Wave Rider and prolerbear and PretzlLogic and richmtn and pigeon and lost in space and Into The Fire and Lesser Fool and blackbelt
begat
ThorAss (Doc saw that it was very good indeed)
and Sasquatch
and wndysrf
and Dr. Stool saw that it was especially good. So on the third day Dr. Stool arose from his rest and he said, wndysrf, Let There be Mark to Market, and there was Mark to Market and Dr. Stool saw that it was good. So on the third day, Doc rested again. He gets tired easily.
and all those who came before whose name was the Stool Pigeons Wire came unto wndysrf whose name was Mark to Market and they lay down together on the evening of the third day. And on the fourth day
they begat
Moon and ndxhound and Goldilocks and gruff and Bearbones and Joshua, who left to fight the battle of Jericho, and
Yoshaviah.
and Dr. Stool saw that they were good, and all those begat
The End and
weinerdog/Fauxcaster
and Threadbare and Contrarian and Riskboy and Forus and dinosaur and
Gladiator.
and it was good yadda yadda and begat
dindin DonWeiNau and COlonel Korn and shorty and
Bontchev
good yadda yadda begat
cyclist, soylentgreen, jraabe, big loaf, and
Fartpolio Manager
g-y-y-b
maxbear, Nikkita, ChocolateStool, otsp, rlr12345, chief, Joe, leicaboy, and
sniff
gyyb
thebell2002, maxpower, maxxPain, FeeFiFoFum, larry cud low, many crashes, Kathi, and Sam Adams, arcothunder, BuddFox, andAbbyJustaColon.
And it was the end of the fourth day.
And Dr. Stool saw that it was good.
That was two years ago. Today that handful of begats has begat a total of 975 registered stoolies, nearly 5000 readers each day, and hundreds upon hundreds who have subscribed to the flagship Anals of Stock Proctology, or who have otherwise contributed their financial support to making my dreAm come true.
And Dr. Stool saw that it was good.
#2 Guest_yobob1_*
Posted 25 January 2003 - 04:04 PM
While my previous boad experience over at the old crapvision boards was entertaining, it was also very frustrating. Bulls out numbered bears by 100:1, so the bears took a beating from the then never ending supply of hopers and dippers. Slowly just as the boards were shuttered, some of the bulls were beginning to listen to the bears, for what they had said would come to pass did. And then I found Stool. A board that lacked censorship. No nanny bots censoring every other word. ( on crapvision you couldn't even write in Dick Cheney, however Penis Cheney was acceptable).
Now a little Nannyism has crept in, not in a way that alters the intent of the word, but merely softens the tone to protect the innocent. I have mixed emotions about it, but have come to accept it.
Stoolville has grown and somehow suckered in what is undoubtably the best collection of malcontents on the web. Nowhere else can you receive a free education of such importance with plenty of room for disagreement without malice. Lord knows I've learned plenty. It is the daily give and take, the free exchange of ideas, that fosters an ideal learning environment.
I do miss Machinehead. I keep expecting him to jump out of the woodwork and say "Ah ha, I was right all along"(re:inflation), as he may well turn out to be. I'm certainly not ready to concede, but I always read carefully what he said and considered the points. He was certainly right about commodiities, a point I didn't dispute other than we disagreed strongly about the cause; heatmapping vs. inflation. A very smart, well educated and read man indeed. I hope he is spreading the stool (not to be confused with shoveling the shit) and the righteous bear cause where ever he is.
Heres to a long life for Stoolville and may Doc finally earn enough money to upgrade the Vega. ( I've seen him lusting after that 89 Corolla)
As to all that begating Doc, I sure hope there aren't any pending paternity suits. You should have used protection.
#3
Posted 25 January 2003 - 04:28 PM
"Stoolville has grown and somehow suckered in what is undoubtably the best collection of malcontents on the web. Nowhere else can you receive a free education of such importance with plenty of room for disagreement without malice. Lord knows I've learned plenty. It is the daily give and take, the free exchange of ideas, that fosters an ideal learning environment."
Yobob....that said it all....Amen brother....can I get a witness.
Yeaya.....I have seeeeen the glory
God Bless you and yours Doc
#4
Posted 25 January 2003 - 04:54 PM
yobob1, on Jan 25 2003, 03:04 PM, said:
I miss MH too as the two of you jestering with each other on topics gave some of the best free education that you refer too. Thanks for the site Doc. Bareister was first and you understood what he wrote without a translator?
#5
Posted 25 January 2003 - 05:11 PM
You done did good Doc.
M.H. will be back. I guarantee it!
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
#6
Posted 25 January 2003 - 05:20 PM
I thank you Dr. Stool for creating this place and your online newsletter. I am slowly becoming the swing-trader I wish to be (once I tackle that greed issue). I hope to get to the point that I can remain at home with my child until child grows up...or maybe homeschool.
#7
Posted 25 January 2003 - 07:08 PM
Must make ya' proud, Doc... and with good reason.
They say the danger's gone away.
But I can see the fires, still alight,
they're burning into the night." - Genesis, Land of Confusion
#8
Posted 25 January 2003 - 07:25 PM
In the first few months a couple hundred hits a day was a lot.
#9
Posted 25 January 2003 - 07:27 PM
#10
Posted 25 January 2003 - 07:38 PM
Like a prev. reply, I am well regarded on a few TA sites I write on in the UK. However, after coming here 1. I feel like I have my L-plates back and 2. feel like I have just gone outside for the first time, rather than looking at the world through a window....you get my drift?? Maybe not....
Anyway, it thanks all for the efforts that make this such a rich place.
May your fame continue to spread internationally - inc. the shores of Scotland!! You deserve it!
Mark
PS. I have no need to advertise.....but do yourself a favour....subscribe to the annals - you'll be blown away by the depth of stuff there!
#11
Posted 25 January 2003 - 08:36 PM
DrStool, on Jan 25 2003, 04:25 PM, said:
In the first few months a couple hundred hits a day was a lot.
Ah, didn't know that. Makes more sense now. Either way, you have every right to be proud of what you've started here.
They say the danger's gone away.
But I can see the fires, still alight,
they're burning into the night." - Genesis, Land of Confusion
#13
Posted 25 January 2003 - 10:00 PM
ARTHUR: This new learning amazes me, Sir Bedemir. Explain again how sheeps' bladders may be employed to prevent earthquakes.
Scene 6, Monty Python and the Holy Grail
Doc Sidovitch, MANY TANKS for all you do. Just squeezed one out for you.
Like King Arthur, this new learning amazes me also!
I ran my trading account up very nicely last year through September or so and stubbornly continued the same tactics through October-November. Net result was a small gain for the year, but nothing near what it was at the peak.
When I started trading, I heard "protect your capital", "trade on facts, not emotion", and many other valuable insights. I accepted these but did not practice them.
IMHO, there's nothing like actually participating to teach you these facts. I remembered the Jesse Livermore multiple rags-to-riches tales and thought, "that won't happen to me!"
Well, it almost did happen to me but I'm ever hopeful that I'm actually learning from all of you here at CapitalStool and would like to express my sincere appreciation for all you do. Many tanks and dungs a lot!
I'd like to close this rant by quoting our own esteemable Doc from the Anals of 11-27-2002:
Quote
. . . Markets are insane. They are irrational. That's the norm, not the exception. Stop thinking the markets should make sense. They make sense only in their own context. Markets. In and of themselves, they make sense. They stop making sense when you try to relate them to the economy or corporate profits, or valuation, or anything else that goes on in the world. Complete waste of time if it's making trading profits that you are interested in. Study how markets work, how people behave. That's the key. Technical analysis. But not technical analysis in a vacuum. Technical analysis in the context of measuring human behavior, Extraordinary Popular Delusions and the Madness of Crowds.
. . . Irrational greed, irrational fear. Two sides of the same coin. Without a model of the market to believe in, that's what we are left with to make decisions, and that's why Wack Street always wins. The Street knows how to ratchet up the pressure. They know the drill. So should you.
Pressure pressure pressure. WACK!
#14
Posted 25 January 2003 - 10:39 PM
Instigating is grrrrrrrrrRRRREAT FUN!!!
oh.
The BARE would add the following to his "signoff" or whatever, BUTT, sadly, there's no room. It's SO good, however, he may replace that entirely with dis here:
"Thanks for the site Doc. Bareister was first and you understood what he wrote without a translator?"
LMAZZOFF
WhereFURartthou Mr. TwoScrewsLoose? (Machinehead?) Alceringa? Sigmoidoscope?
"In any case, experience shows people are unlikely to change their ways without a cataclysm of existential proportions" Meinhard Meigel, German economist and demography expert on his prophecy of a Wagnerian abyss of social and economic chaos
"We believe that here is no easy way out of this mess, and that the chance of a benign outcome, while hopefully possible, is quite low." Comstock Partners 3-17-2005
"Not without a shudder may the human hand reach into the mysterious urn of destiny." Junk email promoting the sale of Valium, Viagra, Soma and Cialis. Of course, we AMERICANS need not WORRY about such CLAPTRAP!!!
"The trouble about myths, or lies, is that those who foster them are stuck with them." Edward Crankshaw
"I don't buy the idea that a crash will come without warning. There are always warnings. All crashes have certain common technical preconditions." Doc (snorjt)
"YOU look IMPORTANT. Are you important, or just....WEIRD?"
"Bob I am" at a political gathering, to HRFF, 9-29-04
"Are YOU C.I.A.???"
"No, I'm not "CIA"."
"Well, you sure LOOK LIKE you're C.I.A.!!!"
Lead singer of the rock band KISS to HRFF at a luggage carousel at SeaTac airport circa 1996
"Unlike you, I use words people can understand." Doc
"America at the moment, with its faith-based currency, faith-based economy and faith-based government, might be a heaven for those who love faith, but it's a hell for those of us that respect evidence." The Daily (W?)Reckoning, circa 9-17-04
"What should be clear at this point is that even huge fiscal stimulus and unprecedented financial excess are incapable of fostering a sound and self-sustaining economic expansion. The paramount issue, today and going forward, is the deeply maladjusted U.S. economy and its increasing unresponsiveness to even enormous yet misdirected financial stimulus. Both the Financial Sphere and Economic Sphere are severely maladjusted." Doug Noland's Credit Bubble Bulletin, Aug 24 '04
"U.S. dollar purchasing power relies almost entirely on the difference between interest rates in Japan and the higher rates in the United States." Warren Pollock, Prudent Bear essay circa 9-04
"What about your replacements? the Children. What do we tell them when the whole thing caves in?" HyperTiger
#15
Posted 25 January 2003 - 10:43 PM
w re to learning but not practicing, Mr Richard Russell has a marvelous expression EVERYONE here can relate too, suspects HRFF:
"Whatever your weaknesses the market will find them."
Ain't it da TROOTH???!!!
Amen and all that ROT
"In any case, experience shows people are unlikely to change their ways without a cataclysm of existential proportions" Meinhard Meigel, German economist and demography expert on his prophecy of a Wagnerian abyss of social and economic chaos
"We believe that here is no easy way out of this mess, and that the chance of a benign outcome, while hopefully possible, is quite low." Comstock Partners 3-17-2005
"Not without a shudder may the human hand reach into the mysterious urn of destiny." Junk email promoting the sale of Valium, Viagra, Soma and Cialis. Of course, we AMERICANS need not WORRY about such CLAPTRAP!!!
"The trouble about myths, or lies, is that those who foster them are stuck with them." Edward Crankshaw
"I don't buy the idea that a crash will come without warning. There are always warnings. All crashes have certain common technical preconditions." Doc (snorjt)
"YOU look IMPORTANT. Are you important, or just....WEIRD?"
"Bob I am" at a political gathering, to HRFF, 9-29-04
"Are YOU C.I.A.???"
"No, I'm not "CIA"."
"Well, you sure LOOK LIKE you're C.I.A.!!!"
Lead singer of the rock band KISS to HRFF at a luggage carousel at SeaTac airport circa 1996
"Unlike you, I use words people can understand." Doc
"America at the moment, with its faith-based currency, faith-based economy and faith-based government, might be a heaven for those who love faith, but it's a hell for those of us that respect evidence." The Daily (W?)Reckoning, circa 9-17-04
"What should be clear at this point is that even huge fiscal stimulus and unprecedented financial excess are incapable of fostering a sound and self-sustaining economic expansion. The paramount issue, today and going forward, is the deeply maladjusted U.S. economy and its increasing unresponsiveness to even enormous yet misdirected financial stimulus. Both the Financial Sphere and Economic Sphere are severely maladjusted." Doug Noland's Credit Bubble Bulletin, Aug 24 '04
"U.S. dollar purchasing power relies almost entirely on the difference between interest rates in Japan and the higher rates in the United States." Warren Pollock, Prudent Bear essay circa 9-04
"What about your replacements? the Children. What do we tell them when the whole thing caves in?" HyperTiger
Sign In
Register
Help




MultiQuote






