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Teetering On The Edge


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#31 EasyAl

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Posted 27 January 2003 - 09:24 PM

Some glooming points from Soro:

"A rising tide lifts all boats," he told BBC News Online, after a debate at the World Economic Forum's annual summit in Davos, Switzerland.

But the current "ebbing tide" on stock markets was exposing flaws, and isolating weaker countries.

Mr Soros, chairman of Soros Fund Management, urged nations to "pull together" to ensure the global financial market remained intact.

"Unless we fix it, it is not going to survive."

Efforts to repair the damage were being undermined by US policymakers' neglect, he said.

"The real threat is that the people in charge - I am talking about the US Treasury, not just the International Monetary Fund - [are not] there," he said.

"The Bush administration has its attention on other things. The problem is not being addressed."


More here

#32 Cassandra

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Posted 27 January 2003 - 09:27 PM

Interesting article in WSJ, Friday 1/24, re a Japanese hedge fund that lost all it's value ($300 mil.) in only 7 trading days. It was run by a former Lehman Bros. hotshot. Called the Eifuku Master Fund, I suppose it could be phoneticized in English as Ei-fuk-u, which must be how their investors are feeling right now. Is this a great game, or what? :blink:

#33

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Posted 27 January 2003 - 09:32 PM

YEEHAA! straight off the cliff and down the gurgler today..2 days selling in 1, LUVERLY. All Ords down around 2% which is a monster move for us. The golds being dragged down too but not a lot (the pause that refreshes?)

The Index looking rather razor edgish now so at this stage I'm thinking another selloff into close. The dippers tentatively dipping during the lunchtime lull and keeping things on an even keel atm. A bounce or two not out of the question during the week but hard to take seriously at this stage...

#34 The End

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Posted 27 January 2003 - 09:38 PM

For the bulls in row number five seat B.

The Kinks Hard way.

Boys like you were born to waste,
You never listen to a word I say
And if you think you're here to mess around,
You're making a big mistake,
'Cos you're gonna find out the hard way,
You gonna find out the hard way.

No matter what I do or say,
You're much too dumb to educate.
One day life's going to turn around and slap you in the face,
Then you're gonna find out the hard way.
You'll take the hard way,
Gonna take the hard way.

Well, you'll do it your way and I'll do it my way,
And we'll see who's the one to survive.
You'll find that with no foundation
Or qualifications
There's no way that you can get by,
No, there's no way you can get by.

Why don't you take the easy way?
Why don't you co-operate?
Don't just sit there and vegetate.
Do you want to end up illiterate?
You think that life's a vacation
And you've no inclination
To dust away the cobwebs of your mind.
Now it's time for confrontation
And I'm tired of being patient,
So I've got to be cruel to be kind.

You've got to be cruel to be kind.
I'm wasting my vocation teaching you to write neat
When you're only fit to sweep the streets.
Your intellect is such
That it requires a killer's touch.

So I'm going to play it your way,
We'll take the hard way.
Going to take the hard way,
You can take the hard way.
Gonna take the hard way,
Gonna take the hard way.
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

#35 DrStool

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Posted 27 January 2003 - 09:39 PM

Stock Proctologist Sees Market Coming Down 1/27/03

Tonight you have the good fortune of getting the complete stock proctoscopic view in one shot, including a posting of all the daily action in Uncle Buck and the Golden Stool, normally in the AM edition. It's oogly, unless of course, you are holding the Golden Stool. Overall, it's about what we all expected to start this week.

Uncle Buck stopped his daily droppings for a day. That won't last long. The decline in the dollar is clear evidence of the repatriation problem that is tying Al's hands with the Feed. He has a Catch 22. No matter what he does, there can only be one outcome. The markets will go down.

As always, Doc also chronicles the cycles in the usual intraday, short term, and intermediate outlook and tells us where this shipwreck is heading, with hot pictures of naked stock charts, Uncle Buck and the Golden Stool. Now there's a real bull market.

If you're not a stoolie already, become one Now! And don't forget to join Doc during the market day in Stooltrading Beta as he plots the market's twists and turns for you, in advance yet!

If your portfolio has you feeling irregular, for fast, long lasting relief, take a subscribatory. And support your local Stool!

#36 BigWave

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Posted 27 January 2003 - 09:40 PM

B4,

Tanks for the informative posts.

#37 PileDriver

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Posted 27 January 2003 - 09:43 PM

Mark has a point, but my strategy is to ignore the rallies all the way down the slope-of-hope and pile up more turds on the pig pile on each one.

We are at a point where the market may firm to relieve Dover Sole per McClellan Ozzie.

http://stockcharts.c.../McSumNYSE.html

Its way down there, but I only expect a mild retrace that will work this condition off, not worth covering on.

Summation is still heading down firmly so any bounces will be weak and/or short-lived. Walk away and grab a cup of coffee and it'll be over type rallies :wink2:

#38 Hypertiger

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Posted 27 January 2003 - 09:47 PM

The Question is... When is wild cornered animal stage going to happen?

Answer:Within 15-20 months... But most likely way sooner...

Up to now the Blind followers of think positive religion have been able to "Hoodwink" everyone.

The unemploymet rate % is just a number representing the people that are recieving benifits... The cut offs are invisible...

Since the begining of the month close to 400,000 people have been flushed...

It takes 2-3 months for the weak ones to go under and declare bankruptcy

And 1 year for the strong ones to give it "The old college try" before they are vaporised...

Once the housing market (Bubble) stops growing, "Hyperdeflation" will begin to take hold...

Compound Happiness turns into Compound Misery.

My own personal thoughts are that the talk of a new Bull Market are basically over... If "they" can't pull off a miracle by the middle of the month it will be over...

The money supply is starting to shrink alot faster and we are in the end game...
"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...

#39 The End

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Posted 27 January 2003 - 09:57 PM

Lola by the Kinks. You stoolies gonna see Ray davies in your head tonight.

I met her in a club down in North Soho
where you drink champagne and it tastes just like Coca Cola
C-O-L-A Cola.
She walked up to me and she asked me to dance.
I asked her her name and in a dark brown voice she said, "Lola"
L-O-L-A Lola, lo lo lo Lola
Well, I'm not the world's most physical guy,
but when she squeesed me tight she nearly broke my spine
Oh my Lola, lo lo lo Lola, lo lo lo Lola
Well, I'm not dumb but I can't understand
why she walks like a woman and talks like a man
Oh my Lola, lo lo lo Lola, lo lo lo Lola
Well, we drank champagne and danced all night,
under electric candlelight,
she picked me up and sat me on her knee,
She said, "Little boy won't you come home with me?"
Well, I'm not the world's most passionate guy,
but when I looked in her eyes,
I almost fell for my Lola,
Lo lo lo Lola, lo lo lo Lola
I pushed her away. I walked to the door.
I fell to the floor. I got down on my knees.
I looked at her, and she at me.
Well that's the way that I want it to stay.
I always want it to be that way for my Lola.
Lo lo lo Lola.
Girls will be boys, and boys will be girls.
It's a mixed up, muddled up, shook up world,
except for Lola. Lo lo lo Lola. Lo lo lo Lola.
Well I left how just a week before,
and I never ever kissed a woman before,
Lola smiled and took me by the hand,
she said, "Little boy, gonna make you a man."
Well I'm not the world's most masculine man,
but I know what I am and that I'm a man,
so is Lola.
Lo lo lo Lola. Lo lo lo Lola.
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

#40 The End

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Posted 27 January 2003 - 10:07 PM

Low budget. Where we most likely are ALL headed. The kinks


CHEAP IS SMALL AND NOT TOO STEEP
BUT BEST OF ALL CHEAP IS CHEAP
CIRCUMSTANCE HAS FORCED MY HAND
TO BE A CUT PRICE PERSON IN A LOW BUDGET LAND
TIMES ARE HARD BUT WE'LL ALL SURVIVE
I JUST GOT TO LEARN TO ECONOMIZE

I'M ON A LOW LOW BUDGET!
I'M ON A LOW LOW BUDGET!
I'M NOT CHEAP, YOU UNDERSTAND
I'M JUST A CUT PRICE PERSON IN A LOW BUDGET LAND
EXCUSE MY SHOES THEY DON'T QUITE FIT
THEY'RE A SPECIAL OFFER AND THEY HURT ME A BIT
EVEN MY TROUSERS ARE GIVING ME PAIN
THEY WERE SO REDUCED IN A SALE SO I SHOULDN'T COMPLIN
THEY SQEEZE ME SO TIGHT SO I CAN'T TAKE NO MORE
THEY'RE SIZE 28 BUT I TAKE 34

I'M ON A LOW LOW BUDGET!
WHAT DID YOU SAY
I'M ON A LOW LOW BUDGET!
I THOUGHT YOU SAY THAT
I'M ON A LOW LOW BUDGET!
I'M A CUT PRICE PERSON IN A LOW BUDGET LAND

I'M SHOPPING AT WOOLWORTH AND LOW DISCOUNT STORES
I'M DROPPING MY STANDARDS SO THAT I CAN BUY MORE
LOW BUDGET SURE KEEPS ME ON MY TOES
I COUNT EVERY PENNY AND I WATCH WHERE IT GOES
WE'RE ALL ON OUR UPPERS WE'RE ALL GOING SKINT
I USED TO SMOKE CIGARS BUT NOW I SUCK POLO MINTS

I'M ON A LOW LOW BUDGET!
WHAT DID YOU SAY
YEAH I'M ON A LOW LOW BUDGET!
I THOUGHT YOU SAID THAT
I'M ON A LOW LOW BUDGET!
LOW BUDGET LOW BUDGET

ART TAKES TIME, TIME IS MONEY
MONEY'S SCACE AND THAT AIN'T FUNNY
MILLIONAIRES ARE THINGS OF THE PAST
WE'RE IN LOW BUDGETVILLE WHERE NOTHING CAN LAST
MONEY'S RARE THERE'S NONE TO BE FOUND
SO DON'T THINK I'M TIGHT IF I DON'T BUY A ROUND

I'M ON A LOW LOW BUDGET!
WHAT DID YOU SAY
YES I'M ON A LOW LOW BUDGET!
I THOUGHT YOU SAID THAT
I'M ON A LOW LOW BUDGET!
I'M A CUT PRICE PERSON IN A LOW BUDGET LAND
I'M ON A LOW LOW BUDGET!
SAY IT AGAIN
LOW BUDGET
ONE MORE TIME
LOW BUDGET
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

#41 The End

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Posted 27 January 2003 - 10:14 PM

For a twist .... Metallica


Metallica
Kill 'em All (1983)
The Four Horsemen

By the last breath of the fourth winds blow
Better raise your ears
The sound of hooves knocks at your door
Lock up your wife and children now
It's time to wield the blade
For now you have got some company

The Horsemen are drawing nearer
On the leather steeds they ride
They have come to take your life
On through the dead of night
With the four Horsemen ride
Or choose your fate and die

You have been dying since the day
You were born
You know it has all been planned
The quartet of deliverence rides
A sinner once a sinner twice
No need for confession now
Cause now you have got the fight of your life

The Horsemen are drawing nearer
On the leather steeds they ride
They have come to take your life
On through the dead of night
With the four Horsemen ride
Or choose your fate and die

Time
has taken its toll on you
The lines that crack your face
Famine
Your body it has torn through
Withered in every place
Pestilence
For what you have had to endure
And what you have put others through
Death
Deliverence for you for sure
There is nothing you can do

So gather round young warriors now
and saddle up your steeds
Killing scores with demon swords
Now is the death of doers of wrong
Swing the judgement hammer down
Safely inside armor blood guts and sweat

The Horsemen are drawing nearer
On the leather steeds they ride
They have come to take your life
On through the dead of night
With the four Horsemen ride
Or choose your fate and die
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

#42 Direwolf

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Posted 27 January 2003 - 10:29 PM

dude...what's up w/ all the lyrics...how does that help us make money?

tia,
dw

#43 midnite lightning

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Posted 27 January 2003 - 10:32 PM

Holy sh#t!

The bears were feeding big time. This was just sheer excitement. What a rush!

Dow and spoos broke the 50-yard line as I anticipated. I think she will make a move up and take a peek and down she goes. I canít be this easy. Bears gotta take a quick nap for the fiesta.

Closed puts today on chtt. I have sat on these, believe or not 5-months. Rode from 44 and change to 16.55. The pig even had a split so I got more puts. I had a long enough affair with the pig. Talk about riding the edge. I love it!

Closed qís, believe it or not I went long on the qís for a short ride which means I will get my ass smoked. I hate going long but I got a week off so I will watch it close and it even sneezes Iím out. I only go long on qís and oex for some quick abuse. I see maybe a day or two and down she goes.

Entered new short avid, safe till june, still riding amln. Missed vxgn went from 19 and change to 12 and change in 3-days. Damn! That is a sweet move for in the money putz.

Glad to see the troops made some money. Iím sure more to come. Donít worry about a quick rally. The bullies are really pissed! Lets give them a big bear hug. The damn shmucks anyway.

Enjoy and be careful!

CYA

#44 The End

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Posted 27 January 2003 - 10:34 PM

There is one fellow stoolie that I know of that went long on Friday.


He is a dear heart of mine and these lyrics are ment to WAKE him up. :grin:

Woke up this morning, started to sneeze
I had a cigarette and a cup of tea
I looked in the mirror what did I see
A nine stone weakling with knobbly knees
I did my knees bend press ups touch my toes
I had another sneeze and I blew my nose
I looked in the mirror at my pigeon chest
I had to put on my clothes because it made me depressed
Surely there must be a way
For me to change the shape I'm in
Dissatisfied is what I am
I want to be a better man

Superman Superman wish I could fly like Superman
Superman Superman I want to be like Superman
I want to be like Superman
Superman Superman wish I could fly like Superman

Woke up this morning, what did I see
A big black cloud hanging over me
I switched on the radio and nearly dropped dead
The news was so bad that I fell out of bed
There was a gas strike, oil strike, lorry strike, bread strike
Got to be a Superman to survive
Gas bills, rent bills, tax bills, phone bills
I'm such a wreck but I'm staying alive

[Look in the paper, what do I see,
Robbery, violence, insanity.]

Hey girl we've got to get out of this place
There's got to be something better than this
I need you, but I hate to see you this way
If I were Superman then we'd fly away
I'd really like to change the world
And save it from the mess it's in
I'm too weak, I'm so thin
I'd like to fly but I can't even swim
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

#45 The End

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Posted 27 January 2003 - 10:45 PM

dude...what's up w/ all the lyrics...how does that help us make money?

tia,
dw

DUDE,

I feel like it. The market is hard enough during the day.

If you don't like the lyrics, skip over them.

Some appreciate them, if not, vote and i'll listen.


Until then, This is my home as well. :)

The market is closed , ya know.?



Have you read the lyrics. If not, do so, they all play a part.

Edited by The end, 27 January 2003 - 10:51 PM.

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





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