anjing bau Posted November 27, 2002 Report Share Posted November 27, 2002 Doc says..... Think about it this way. Enveryone in the world who ahd the slightest inkling to be long...... is. a coulpe trillion dollars in money market funds awaits a home...... Link to comment Share on other sites More sharing options...
microdon Posted November 27, 2002 Report Share Posted November 27, 2002 My fellow bears: I don't think what we are seeing is a buying mania along the lines of "don't want to miss the train out of the station" but a gambler's mentality in which everyone buying is planning to take their little piece of the action out before his fellow fools. With Thanksgiving so late this year, it comes right near portfolio window dressing at the end of every month, so you get extra juice. While I am writing this, I am listening to a crazy Nick Guarino on his weekly radio broadcast outlining the coming possible war. God help us all if he is right in his scenario in which a desperate Sodamn Insame strikes Israel leading to their retaliation leading to the fundamentalists forcing war. I expect him to be telling his subscribers to start shorting above Dow 9000 and SPX 960. If he is right, the reversal could make Doc's hopes appear bullish. P.S. Look at SLM. A dog with lots of insider selling going down on an up day for other financials. I was hoping for a rally in this stock if market rallied so I could buy April 105 puts when stock creeped over 100 again. Well, the market rallied, but poor Sallie--her holdings remind me of an indiscriminate whore ("do what you must, just pay me). Link to comment Share on other sites More sharing options...
DrStool Posted November 27, 2002 Report Share Posted November 27, 2002 On the other hand, if these intraday negative divergences are resolved into an upturn, then you all can officially put the dunce cap on me. Link to comment Share on other sites More sharing options...
PileDriver Posted November 27, 2002 Report Share Posted November 27, 2002 this is the last push into Nov 29 or early Dec - for sure. This is monumental. This is an all out buying orgy of "I don't want to miss the [sinking] boat" mentality. Woooo, Hoooo Allllll Aboard !!! When the Ex-Lax kicks in it's going to be a double flusher. exactly what I was picturing in my sick mind. A double, perhaps triple "bowl splasher" that will cover Mother Earth. This is frick'n awesome, awesome! Link to comment Share on other sites More sharing options...
sweefraapp Posted November 27, 2002 Report Share Posted November 27, 2002 Green vix should mean that many are getting in place for a decline. Not saying it does. Link to comment Share on other sites More sharing options...
Charmin Posted November 27, 2002 Report Share Posted November 27, 2002 Bigtrends today Notice how when the Nasdaq 100 Bullish Percent hits 80%, the market has been severely overbought and typically is near a significant peak. In comparison, the DJIA Bullish Percent has typically peaked around 70%. These levels have now been reached, suggesting more risk than reward in the bigger picture. We remain sellers into strength, and we are gearing up for a pullback in December Link to comment Share on other sites More sharing options...
PileDriver Posted November 27, 2002 Report Share Posted November 27, 2002 This is fitting in purr-fectly with my plan Really was doubting if it would go this high or this well. Link to comment Share on other sites More sharing options...
Charliss Posted November 27, 2002 Report Share Posted November 27, 2002 This thanksgiving is really going to suck! oh well Why is that, soup? Link to comment Share on other sites More sharing options...
Guest soup1 Posted November 27, 2002 Report Share Posted November 27, 2002 charliss: look at the screen. Link to comment Share on other sites More sharing options...
ShamPoo Posted November 27, 2002 Report Share Posted November 27, 2002 Market still in upside down mode. Bad news is good, 2:30 lows turn into 2:30 highs. Link to comment Share on other sites More sharing options...
DrStool Posted November 27, 2002 Report Share Posted November 27, 2002 anjing bau- I don't understand your point. a little too crptic. Link to comment Share on other sites More sharing options...
PileDriver Posted November 27, 2002 Report Share Posted November 27, 2002 Musical chairs with billions of people and only one seat left This is going to be awesome to witness. Link to comment Share on other sites More sharing options...
Charliss Posted November 27, 2002 Report Share Posted November 27, 2002 charliss: look at the screen. Yes, I am......three of them in fact. I am seeing great opportunity in the making... What does the market have to do with your Thanksgiving? Do you need a winning trade to buy a turkey? Link to comment Share on other sites More sharing options...
Metamucil Posted November 27, 2002 Report Share Posted November 27, 2002 microdon, Nick Guarino: I'm going to try and find his radiocasts. I started receiving Guarino's letters (unsolicited) around the crash in 2000. He seems like a paranoid lunatic of the charlatan persuasion, but has been quite accurate in his commentary. Of course, he probably said the same thing throughout the bull, but I have only read post-bull stuff. Quite a Kodiak....and I certainly enjoy his passion for hating Wall St. Link to comment Share on other sites More sharing options...
fxfox Posted November 27, 2002 Report Share Posted November 27, 2002 doc, well i am not that kryptic, so i just ask: what will happen the rest of the day? At which level will S&P close exactly, willthey pump, dump, jump, slump, or whatever..........or............. no, just wanted to ask if something changed about the p.m. outlook Link to comment Share on other sites More sharing options...
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