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Crackhead Panic


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#16 cwd

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Posted 23 September 2009 - 05:34 PM

[quote name='Hausbare' date='Sep 23 2009, 04:25 PM' post='763285']
I agree in a way about taking the crack pipe away.

My take is that the Gubment has done all they can (or all they're willing to do)
and Mr Market will soon be own his own because the training wheels are going
to come off soon. :angry2:

Goldman and all the other member banks have at least been temporarily saved, and
that's all that counts, and all you little people in fly over country, well "tough s**t".

Get a job and pull yourselves up by your bootstraps!

IOW, longs, this is as good as it gets so you better cash out of your longs before the exit gets jammed.

Maybe this will be the turn and we'll stop hearing all these bullshit theories about why the market
is so undervalued and after a 50% rally its finally time to get back in. :unsure:
[/quote

Get a job and pull yourselves up by your bootstraps! :lol:

Where do you get a job? :unsure:

#17 K Wave Rider

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Posted 23 September 2009 - 05:50 PM

signs of a top everywhere the last week or so...just needed the coup de grace...

Today was enough to flatten the Summation...need a good down breadth day to seal the deal....

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

#18 jickiss

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Posted 23 September 2009 - 05:51 PM

jickiss is back!



jickiss is back!


and

yup! throw your Trading Mice into da Trash Cans (Save the Lids to eat "off of" of course), and

get to Work! Real Work! Get a Job! yeahhhhhh bay beeeeee!

Let's WORK!


"Every Bubble ends in fear and panic. This one will too." --Machinehead, March 29, 2005

On September 06, 2006, TRE closed at $6.50.
On September 19, 2006, CDE closed at $46.30 (adjusted for reverse split)
.


On Oct. 17, '06, Goldman (GS) closed at $183.07 (jickiss Sell) whilst Newmont (NEM) closed at $43.24 (jickiss Buy).

"Politics in America has become a playground of fictions. The politicians tell the public what the public wants to hear. Whether the question is social security, education, budget deficits or national security, the public wants to believe that things aren�t so bad." --Written by J.R. Nyquist, December 8, 2006.

"Private sector employees will never retire, they will work literally to death, dying sick broke and busted with absolutely no hope whatsoever." -- Shorty, on March 15, 2009.

"Luck is the most precious commodity in the world." Brisbane Bear, October 25, 2007.

"Luck favors the prepared mind." Mr. James Dines, back in the 80s, in "The Dines Letter."

"With Luck, anything is Possible, but without Luck, virtually nothing Good ever happens." --- The jickiss Mantra, sad but True.

#19 DrStool

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Posted 23 September 2009 - 05:52 PM

Dr Ano = DRANO! :lol:

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#20 DrStool

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Posted 23 September 2009 - 05:57 PM

Crackhead Panic- Professional Edition Fed Report

by Lee Adler, Wednesday, September 23, 2009, in Money and The Fed, Professional Edition | Permalink |Comments (0) Edit The Fed told the world in no uncertain terms today that it would be pumping less cash into the market over the next 6 weeks. As Psyche Doctor put it so delicately on the Stool Pigeons Wire message board, “Was thinking that the crack heads must’ve realized that they are going to be getting limited crack supplies and are now panicking.” Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.

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#21 DrStool

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Posted 23 September 2009 - 05:59 PM

Radio Free Wall Street Free Edition 9/23/09

Lee Adler and Russ Winter discuss the key economic releases of the day, the Wall Street spin, and the reality, in this pilot for a new series of short podcasts available on a non subscription basis. These podcasts will eventually be posted 2-3 times weekly at mid day on Monday, Tuesday, or Wednesday. Join us for our regular extended weekly podcasts for subscribers on Thursday evenings.

Scroll down to view the charts discussed in this podcast.

Posted Image Radio Free Wall Street Podcast 9/23/09 [15:20m]: Play Now | Play in Popup | Download (39)
Click here to join the Radio Free Wall Street subscription series for extended weekly discussions of the markets as well as specific strategies to preserve and grow your capital.

Russ and Lee will also give extended insights into their work for subscribers to the Wall Street Examiner Professional Edition, and Russ Winter’s Actionable.

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#22 PyurAureo

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Posted 23 September 2009 - 06:04 PM

Dr Ano = DRANO! :lol:



:lol: :lol: :lol:
:P :P :P

#23 Trader Joe

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Posted 23 September 2009 - 06:07 PM

Um....

Er.....

Uh.....


BUY STOCKS !!!

#24 psyche doctor

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Posted 23 September 2009 - 06:30 PM

beans2.JPG
I watched a snail crawl along the edge of a straight razor. That's my dream; that's my nightmare. Crawling, slithering, along the edge of a straight razor... and surviving

#25 jickiss

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Posted 23 September 2009 - 07:21 PM

jickiss is back!



jickiss is back!


and

we all Know that if Beans advance, so too doith SILVER.

and

http://www.bloomberg...id=aa71n7jSFj80

meanwhile, for some reason, about 1 in 8 are waaayyyyy Behind on their Credit Cards.
Ya better take your wallets out of your hind most pockets, and carry them in your Blazers' inner pockets, nearer to your HEARTS.

jickiss!!!!!!
"Every Bubble ends in fear and panic. This one will too." --Machinehead, March 29, 2005

On September 06, 2006, TRE closed at $6.50.
On September 19, 2006, CDE closed at $46.30 (adjusted for reverse split)
.


On Oct. 17, '06, Goldman (GS) closed at $183.07 (jickiss Sell) whilst Newmont (NEM) closed at $43.24 (jickiss Buy).

"Politics in America has become a playground of fictions. The politicians tell the public what the public wants to hear. Whether the question is social security, education, budget deficits or national security, the public wants to believe that things aren�t so bad." --Written by J.R. Nyquist, December 8, 2006.

"Private sector employees will never retire, they will work literally to death, dying sick broke and busted with absolutely no hope whatsoever." -- Shorty, on March 15, 2009.

"Luck is the most precious commodity in the world." Brisbane Bear, October 25, 2007.

"Luck favors the prepared mind." Mr. James Dines, back in the 80s, in "The Dines Letter."

"With Luck, anything is Possible, but without Luck, virtually nothing Good ever happens." --- The jickiss Mantra, sad but True.

#26 jickiss

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Posted 23 September 2009 - 07:31 PM

jickiss is back!



jickiss is back!


and


Finally,

the doolar: what could stick save the doolar here?????? you may ask.

read the inscription on the 2 nd chart. 2 oceans. one Fed. 2 charts, one year apart.......pooof!

Attached Thumbnails

  • 09_23_2008__usdx__stick_save_only.png

Attached Images

  • 09_23_2009__Doolar_looks_weak.png

Edited by jickiss, 23 September 2009 - 07:34 PM.

"Every Bubble ends in fear and panic. This one will too." --Machinehead, March 29, 2005

On September 06, 2006, TRE closed at $6.50.
On September 19, 2006, CDE closed at $46.30 (adjusted for reverse split)
.


On Oct. 17, '06, Goldman (GS) closed at $183.07 (jickiss Sell) whilst Newmont (NEM) closed at $43.24 (jickiss Buy).

"Politics in America has become a playground of fictions. The politicians tell the public what the public wants to hear. Whether the question is social security, education, budget deficits or national security, the public wants to believe that things aren�t so bad." --Written by J.R. Nyquist, December 8, 2006.

"Private sector employees will never retire, they will work literally to death, dying sick broke and busted with absolutely no hope whatsoever." -- Shorty, on March 15, 2009.

"Luck is the most precious commodity in the world." Brisbane Bear, October 25, 2007.

"Luck favors the prepared mind." Mr. James Dines, back in the 80s, in "The Dines Letter."

"With Luck, anything is Possible, but without Luck, virtually nothing Good ever happens." --- The jickiss Mantra, sad but True.

#27 Charmin

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Posted 23 September 2009 - 07:42 PM

Dow nears 10,000 and everyone expects 10,500

SPY gap red alert
http://www.StockShar..._1253749145.png

IWM gap alert
http://www.StockShar..._1253749169.png

QQQQ pushing on the neckline
http://www.StockShar..._1253749262.png
Cycles + Wyckoff + NTM = TechnoPile
A true Master averts disaster

#28 Charmin

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Posted 23 September 2009 - 07:44 PM

the doolar: what could stick save the doolar here?????? you may ask.


76 first installment, then 74.50 beware
Cycles + Wyckoff + NTM = TechnoPile
A true Master averts disaster

#29 K Wave Rider

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Posted 23 September 2009 - 08:17 PM

Dow nears 10,000 and everyone expects 10,500

SPY gap red alert
http://www.StockShar..._1253749145.png

IWM gap alert
http://www.StockShar..._1253749169.png

QQQQ pushing on the neckline
http://www.StockShar..._1253749262.png


Am guessing we go tag the 20 day MA around SPX 1040, and then we see about a final run up to get that gap at 1100.

#30 Slothrop

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Posted 23 September 2009 - 10:24 PM

Possible, K-wave, but not necessary. The viciousness of the last hour selling today suggests that 1040 might not be the support level it seems. Also, that gap doesn't really need to be filled right away or ever. It might be different if we were filling a lower gap below -- but gaps above price sometimes find a permanent place on the chart. Just my thoughts, could be wrong.





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