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IDS World Markets Fri 5th October 07


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#331 dogsie

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Posted 05 October 2007 - 03:52 PM

very good chance this is the top right here for the rest of 2007

for the major stock indexes

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Not a chance.

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For someone so bullish you have an odd name, or is that the name given to you at birth?
Insanity: doing the same thing over and over again and expecting different results. Albert Einstein
You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time. Abraham Lincoln
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#332 shorty

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Posted 05 October 2007 - 03:52 PM

3 day cycle sell signals on spx and qqqq

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nice call, Doc.....let's get this party started!

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#333 Brick Stoolhouse

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Posted 05 October 2007 - 03:54 PM

very good chance this is the top right here for the rest of 2007

for the major stock indexes

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Not a chance.

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Maybe the Chinese Gubermint will greet the new week after the break with some sort of increase in rates to stave off inflation.Peking surprise! :mellow:
“A million seconds is 11.5 days. A billion seconds is about 32 years. A trillion seconds is 32,000 years."

#334 Drano

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Posted 05 October 2007 - 03:54 PM

Not to be a party pooper, but this isn't much of a Friday afternoon last half hour sellof.
Of course I'm caustic!

#335 DrStool

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Posted 05 October 2007 - 03:55 PM

This is only the beginning of an epic meltup never before witnessed in the history of history.  It will make 2000 look like a small blip.

Bubble III now underway.

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Bombastic pronouncements like this are NOT helpful to anyone.

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#336 Drano

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Posted 05 October 2007 - 03:55 PM

very good chance this is the top right here for the rest of 2007

for the major stock indexes

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Not a chance.

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Maybe the Chinese Gubermint will greet the new week after the break with some sort of increase in rates to stave off inflation.Peking surprise! :mellow:

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I'm expecting a manic move upward when the Chinese markets re-open Sunday night North America time.

Whether it holds in U.S. markets is the question.
Of course I'm caustic!

#337 Drano

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Posted 05 October 2007 - 03:56 PM

RUT now up a point more than SPX is up. (i.e., up 14.49 while SPX is up 13.49)

Huh?
Of course I'm caustic!

#338 Speakeasy

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Posted 05 October 2007 - 03:58 PM

Not to be a party pooper, but this isn't much of a Friday afternoon last half hour sellof.

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That's 'cause only the Senior executives are dumping. All the vice presidents and below are keeping discipline.

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#339 Drano

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Posted 05 October 2007 - 03:59 PM

No one wants to admit what's been going on in the back rooms....

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#340 DrStool

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Posted 05 October 2007 - 04:00 PM

We won't know the long term implications of this move until we have a better sense of where the market is likely to be at the end of the month. I would think that we need to get to mid month first before making any forecasts beyond the next couple weeks.

In the meantime, please refrain from incendiary broad brush statements.

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#341 Drano

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Posted 05 October 2007 - 04:00 PM

double post
Of course I'm caustic!

#342 Sudaca

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Posted 05 October 2007 - 04:02 PM

Schlock and Aww. Guess I'll get my bright eyes and bushy tail on down to the veteran's shelter and get me some soup for lunch, since I clearly will never have lunch money again.  :( :o :lol: :lol:

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I'd join ya, but I have a wedding to attend.

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Someone better tell the Best Man he's missing a sleeve
Thanks, David

#343 shorty

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Posted 05 October 2007 - 04:04 PM

Dow futures about 50 points off their intraday highs is significant to me

indicates exhaustion of buying in my opinion

a lot of excitement around the popular favorites AAPL, GOOG, RIMM

but underlying weakness elsewhere

I think a big risk over next couple weeks is effective dilution of GM common stock to fund the VEBA (convertible bonds, etc.), car business is weak and their debts will not disappear by magic....GM could easily fall into the mid-20's, and it's a Dow component

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#344 Drano

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Posted 05 October 2007 - 04:05 PM

Your attention please:

Winter has been cancelled this year.





UNG down 1.86, 4.5%.
Of course I'm caustic!

#345 Bungster

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Posted 05 October 2007 - 04:07 PM

We won't know the long term implications of this move until we have a better sense of where the market is likely to be at the end of the month. I would think that we need to get to mid month first before making any forecasts beyond the next couple weeks.

In the meantime, please refrain from incendiary broad brush statements.

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Had to beat Shorty to it...........

GoreBreatingFire.jpg

No politics either... :lol:
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