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The Best Bears Can Do


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#1 DrStool

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Posted 14 August 2009 - 04:06 PM

Is a one hour selloff. Then the selling dries up. Then the dip buyers rush in where fools fear to tread.

I guess we're the fools. :lol:

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#2 PyurAureo

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Posted 14 August 2009 - 04:14 PM

Great to have you back on the Stool this weak, Doc.

Happy Trails on your travels over the WeakEnd

Edited by PyurAureo, 14 August 2009 - 04:17 PM.


#3 PyurAureo

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Posted 14 August 2009 - 04:16 PM

Listening to Diane Swonk, is like ... well ... Listening to Diane Swonk

#4 Charmin

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Posted 14 August 2009 - 04:18 PM

If the pigmen distribute now, then you'd have to wonder how long will they drag it out for - before price collapses.

we need shorty to go on a rampage just to entertain us while we wait.
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#5 Bungster

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Posted 14 August 2009 - 04:33 PM

Listening to Diane Swonk, is like ... well ... Listening to Diane Swonk


Got a thing fer strawberry blonds eh? :o
"It's tough to make predictions, especially about the future" Yogi Berra
"If you believe people are rational beings, you will go through life frustrated and confused" Scott Adams
"Don't dig the dialog of denial"
"No, I don't know that atheists should be considered as citizens, nor should they be considered as patriots. This is one nation under God." George W. Bush

#6 shorty

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Posted 14 August 2009 - 04:50 PM

Leading Indicator - The Hot Waitress Index (The hotter the waitresses, the weaker the economy)

A Soho restaurateur I know recently received applications from “a couple of classic Eastern European fembots. Once upon a time, these ladies must’ve made $1,500 a night lap dancing. At my place, they’re not going to make that in a week.”

He didn’t hire them, though. Not every restaurant craves stripper-level pulchritude in their serving ranks. Many prefer competence.

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#7 Jetlag

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Posted 14 August 2009 - 05:42 PM

By all measures the market should have already started at least a sizable pullback by now.

Short selling going down, insider selling going up, small investor sentiment reaching highs for two weeks straight...

"Company executives are selling stock at a rate not seen in two years after a near 50 percent rise in the S&P 500 from a March 9 low. That suggests directors and managers may think stock prices are nearing the top end of their range in the current economic climate.

There has been a decline in short interest -- borrowed shares sold but not yet repurchased -- which some anal cysts see as a warning. Some investors sell short to profit from price declines, and some say the recent rally has been supported by the reversing of short positions."

http://www.reuters.c...E57D49S20090814

:rolleyes:

#8 sarcastro

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Posted 14 August 2009 - 06:04 PM

I have mercifully reduced following this action day to day, seeing how it does me no good, with all the positions I already have. But after this stunning yet unsurprising (given what we've seen over...and over...and over...and over again) turnaround, I was curious to see how the old neighborhood was holding up. Not unsurprisingly, most everyone is resigned to the idea, yet again, that the stock market will just keep going up. I say NO EFFING WAY. THEY are on the run, not us. Everytime a rally gets going for a few weeks (or in this case, months), we keep hearing how the bottom is in, and even ultra-bears like Schiff talk about how the stock market will only go down in REAL terms now, not nominal. Not too many people, even this most apocolyptic, would have thought in 2006, or even 2007, that we would retest, let alone break, the 2002 bottom. I say we're going to do it again. Will this be the turnaround? Who knows? But there is too much pain, too much anguish out there for the masters of the universe to keep this going. The markets are Wiley Coyote- all it needs to do now is just look down.

TBT, USO, and QQQQ put options for Jan '11 is probably what you'll want to do next, IF you, unlike me, have money for new positions. Then just sit back, take a deep breath, and get ready...

#9 Bungster

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Posted 14 August 2009 - 06:25 PM

I'm sure bearz want some more confusion.... :rolleyes: Here's a few interviews with Tobias Levkovich...

http://ow.ly/k6WI
"It's tough to make predictions, especially about the future" Yogi Berra
"If you believe people are rational beings, you will go through life frustrated and confused" Scott Adams
"Don't dig the dialog of denial"
"No, I don't know that atheists should be considered as citizens, nor should they be considered as patriots. This is one nation under God." George W. Bush

#10 Bungster

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Posted 14 August 2009 - 07:00 PM

Possible Bear porn....

rut_15min.png

Kiss from underneath then Hasta La Vista Baby? :unsure:
"It's tough to make predictions, especially about the future" Yogi Berra
"If you believe people are rational beings, you will go through life frustrated and confused" Scott Adams
"Don't dig the dialog of denial"
"No, I don't know that atheists should be considered as citizens, nor should they be considered as patriots. This is one nation under God." George W. Bush

#11 quanta

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Posted 14 August 2009 - 07:03 PM

Bank Death March

Colonial BancGroup Inc. was closed by regulators and taken over by BB&T Corp. in the biggest U.S. bank failure since Washington Mutual Inc. collapsed last year.

Bloomie


Also, almost an aside, Dwelling House Savings and Loan in Pittsburgh.

Full FDIC list.

Jeez, whatz a few more billion?

Is that a lot?
Don't look too close...
The current Weatha
In mathematics you don't understand things. You just get used to them. Johann von Neumann
We're all frinkin' doomed The Mogambo Guru
In the long run, we're all dead John Maynard Keynes
If voting changed anything, they'd make it illegal Emma Goldman
Time flies like an arrow; fruit flies like a banana G. Marx

#12 Bungster

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Posted 14 August 2009 - 07:06 PM

Possible boolish scenario... <_<

nymo_2009.png
"It's tough to make predictions, especially about the future" Yogi Berra
"If you believe people are rational beings, you will go through life frustrated and confused" Scott Adams
"Don't dig the dialog of denial"
"No, I don't know that atheists should be considered as citizens, nor should they be considered as patriots. This is one nation under God." George W. Bush

#13 Charmin

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Posted 14 August 2009 - 07:09 PM

"The head of the Federal Deposit Insurance Corp. is arguing against key pillars of the Obama administration's plan to overhaul the financial system, saying they would not survive in Congress and that she has better ideas." http://finance.yahoo...s...set=&ccode=

The O-pillars must fall.

and Mr. G should be labeled part of the mob.
"Treasury Secretary Tim Geithner angrily demanded regulators get in line, even though the Treasury has no power over agencies like the Fed and FDIC."
Cycles + Wyckoff + NTM = TechnoPile
A true Master averts disaster

#14 cwd

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Posted 14 August 2009 - 07:10 PM

I have mercifully reduced following this action day to day, seeing how it does me no good, with all the positions I already have. But after this stunning yet unsurprising (given what we've seen over...and over...and over...and over again) turnaround, I was curious to see how the old neighborhood was holding up. Not unsurprisingly, most everyone is resigned to the idea, yet again, that the stock market will just keep going up. I say NO EFFING WAY. THEY are on the run, not us. Everytime a rally gets going for a few weeks (or in this case, months), we keep hearing how the bottom is in, and even ultra-bears like Schiff talk about how the stock market will only go down in REAL terms now, not nominal. Not too many people, even this most apocolyptic, would have thought in 2006, or even 2007, that we would retest, let alone break, the 2002 bottom. I say we're going to do it again. Will this be the turnaround? Who knows? But there is too much pain, too much anguish out there for the masters of the universe to keep this going. The markets are Wiley Coyote- all it needs to do now is just look down.

TBT, USO, and QQQQ put options for Jan '11 is probably what you'll want to do next, IF you, unlike me, have money for new positions. Then just sit back, take a deep breath, and get ready...



Sac, good to see you posting. :D

#15 T_Slim

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Posted 14 August 2009 - 08:10 PM

Oh no, it can't be true . . . it can not be . . . say it ain't so . . . no one seen this coming:

Potash revenues tumble, forcing Saskatchewan government to curb spending to remain in the black
BY JAMES WOOD, SASKATCHEWAN NEWS NETWORK

:o





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