Ags Nightmare Posted October 22, 2003 Report Share Posted October 22, 2003 Looks like Mark's prediction of a 100 point floor morphing into a J-Lo soucer bottom is playing out nicely. Looks that way. Bear markets seem to last 30 minutes now not 3 days. The matrix has put themselves in a position due to a bout with excessive parabola where they can't handle any down. Nice job by the NYSE crooks geeting LF open also. Ag Link to comment Share on other sites More sharing options...
Bearbones Posted October 22, 2003 Report Share Posted October 22, 2003 Alan Newman has a new editorial on why the mania must continue. Essentially he seconds Doug Noland's view that the Fed must continue to feed the mania because the consequences of not doing so are too dire to comprehend. http://www.cross-currents.net/commentary.htm Link to comment Share on other sites More sharing options...
Sphinxter Posted October 22, 2003 Report Share Posted October 22, 2003 Desperate gold slam underway ... Link to comment Share on other sites More sharing options...
FeedFool Posted October 22, 2003 Report Share Posted October 22, 2003 This could turnout to be low and new high could be week away if this turn day turns out to be low. Watch for the gap fill action. Link to comment Share on other sites More sharing options...
gruff Posted October 22, 2003 Report Share Posted October 22, 2003 Hanging near lows Link to comment Share on other sites More sharing options...
Bearman Posted October 22, 2003 Report Share Posted October 22, 2003 The times be a changin The SnP be in endangered If it starts to fall There may be no bottom at all Link to comment Share on other sites More sharing options...
machinehead Posted October 22, 2003 Report Share Posted October 22, 2003 Alan Newman has a new editorial on why the mania must continue. Essentially he seconds Doug Noland's view that the Fed must continue to feed the mania because the consequences of not doing so are too dire to comprehend. http://www.cross-currents.net/commentary.htm From the linked essay: "In one case I was working with a client who had over $1 million in credit card debt spread out over 78 different cards." Impressive. In that case I'd invite all 78 creditors to a meeting and announce "I've got $10,000 cash here for one lucky winner. The rest of you are leaving empty-handed! Ha ha ha!" Then I'd toss a smoke bomb into the room and bar the door shut. Like cats fighting in a burlap bag ... Link to comment Share on other sites More sharing options...
soup Posted October 22, 2003 Report Share Posted October 22, 2003 machine: beat me to the punch. That cat with 78 cards and 1 mil debt was truly impressive. Link to comment Share on other sites More sharing options...
Guest Posted October 22, 2003 Report Share Posted October 22, 2003 The times be a changin The SnP be in endangered If it starts to fall There may be no bottom at all Any decline will be managed and controlled. No way do the authorities let the market scare the sheep. The greenman is depending on the wealth effect. If they tighten up their pocketbooks and reduce spending, it's over over over. Link to comment Share on other sites More sharing options...
K Wave Rider Posted October 22, 2003 Report Share Posted October 22, 2003 HGX green already. Let's see if it gets above yesterday's high. Link to comment Share on other sites More sharing options...
soup Posted October 22, 2003 Report Share Posted October 22, 2003 Govt is in buying the dip as expected, lets see if they can turn this pos? My guess is the crowd still has unbridled faith. Could be an interesting day? Link to comment Share on other sites More sharing options...
BeerMarket Posted October 22, 2003 Report Share Posted October 22, 2003 crapvison shills sit at massive desk not aword about triple digit loss in dow in fairness, if you take out AA, GE, JNJ, MSFT, AXP, GM, JPM, BA, KO, C, HON, HPQ, MMM, UTX, DD, IBM, WMT, INTC, MRK, XOM and IP, the Dow would actually be up. Link to comment Share on other sites More sharing options...
BarBu Posted October 22, 2003 Report Share Posted October 22, 2003 Alan Newman has a new editorial on why the mania must continue. Essentially he seconds Doug Noland's view that the Fed must continue to feed the mania because the consequences of not doing so are too dire to comprehend. http://www.cross-currents.net/commentary.htm In power electronic field, When grid goes away, the remianing energy can continue supply the system as if the grid is still there.we call this self-sustained system ISLANDING. when energy beig consumed more than it can generating, the islanding system collapse. it is a good analogy for hypertiger's theory. Link to comment Share on other sites More sharing options...
soup Posted October 22, 2003 Report Share Posted October 22, 2003 is hgx the symbol for the housing sector etf? Link to comment Share on other sites More sharing options...
Bearman Posted October 22, 2003 Report Share Posted October 22, 2003 Alan Newman has a new editorial on why the mania must continue. Essentially he seconds Doug Noland's view that the Fed must continue to feed the mania because the consequences of not doing so are too dire to comprehend. http://www.cross-currents.net/commentary.htm The future looks bright and the end is always near too near Link to comment Share on other sites More sharing options...
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