brian4 Posted February 17, 2004 Report Share Posted February 17, 2004 long stretch between windows here be patient. On the weekend after the frontpage story on my HUGO I said expect a Tuesday melt up and wowza a melt up in spades. Link to comment Share on other sites More sharing options...
machinehead Posted February 17, 2004 Report Share Posted February 17, 2004 Hi Ho Silver and away! $7.81 intraday was achieved on Buffet's purchasing in Feb 1998 though I think the close was never higher than about $6.60. Highest settlement price on the March 1998 Comex silver future was $7.28, in the first week of Feb. 1998. Today's breakout was important. And how about a show of applause for our sponsors, Al Leeson and Benny Law? We couldn't have done it without you, guys! Link to comment Share on other sites More sharing options...
Guest yobob1 Posted February 17, 2004 Report Share Posted February 17, 2004 Soup you and I both know the matrix will fail. They cannot alter the powerful trend in place. They can affect the timing ( and pray that a miracle will occur while they have their fingers in the dike ) but they can't stop what is happening in the real economy. Take a look at this:Running on Empty Had to laugh at your response to Purdy talking about "all the deflation talk". You're right, there are fewer deflationists here on Stool than one hand's finger count. And we're the bear site! The faith in the fed/govt ability is stunning considering where we are in the process after 3+ years and what they have tried and failed with so far. Link to comment Share on other sites More sharing options...
brian4 Posted February 17, 2004 Report Share Posted February 17, 2004 OK from 10 to the hour till half past the hour (yes I still hear those pebbles in the distance) Link to comment Share on other sites More sharing options...
Guest yobob1 Posted February 17, 2004 Report Share Posted February 17, 2004 Hi Ho Silver and away! $7.81 intraday was achieved on Buffet's purchasing in Feb 1998 though I think the close was never higher than about $6.60. Highest settlement price on the March 1998 Comex silver future was $7.28, in the first week of Feb. 1998. Today's breakout was important. And how about a show of applause for our sponsors, Al Leeson and Benny Law? We couldn't have done it without you, guys! I don't count the future because we cannot know what it is. I was refering strictly to spot, you know as in this is what is real today. I think you will be surprised to find out just how little those assholes have to do with the price of silver, but then I will never convince you of that. You're a Keynsian through and through and that rule book has no place in today's uncharted world. It will appear they have control right up to the time the wheels fall off. Link to comment Share on other sites More sharing options...
soup Posted February 17, 2004 Report Share Posted February 17, 2004 yobob: Thanks for the article. Yes, Johnny law talks out his ass with no regards to veracity or facts. Yet no one questions the senile ole statist. Link to comment Share on other sites More sharing options...
soup Posted February 17, 2004 Report Share Posted February 17, 2004 Yobob: I can not tell you when these miserable self serving policies of the fed will fail and when the mkts will find their natural levels. But sentiment is quantifiable. And it has never been so lopsided. Both on the levels of bulls for stocks and inflation. Link to comment Share on other sites More sharing options...
machinehead Posted February 17, 2004 Report Share Posted February 17, 2004 You're a Keynsian through and through and that rule book has no place in today's uncharted world. It will appear they have control right up to the time the wheels fall off. He said "Keynsian" ... :shocked Link to comment Share on other sites More sharing options...
soup Posted February 17, 2004 Report Share Posted February 17, 2004 yobob: Not speaking for machine, however the vast majority are keynesians. What I do not understand or perhaps I am missing, is that all the history of keynesian policies have resulted in massive failures. Link to comment Share on other sites More sharing options...
Guest yobob1 Posted February 17, 2004 Report Share Posted February 17, 2004 You're a Keynsian through and through and that rule book has no place in today's uncharted world. It will appear they have control right up to the time the wheels fall off. He said "Keynsian" ... :shocked Excuse me all to hell but my typing leaves mucho to be desired. Keynesian - I stand corrected. Link to comment Share on other sites More sharing options...
Guest Posted February 17, 2004 Report Share Posted February 17, 2004 As job ax swings, Reliant reports progress on earnings By LAURA GOLDBERG Reliant Resources improved its fourth-quarter performance but provided a forecast for this year that's lower than some on Wall Street had been forecasting. The company said then that 250 employees would lose their jobs, 100 vacation positions wouldn't be filled and 300 contract and temporary positions would be axed. http://www.chron.com/cs/CDA/ssistory.mpl/business/2406537 Link to comment Share on other sites More sharing options...
Guest Posted February 17, 2004 Report Share Posted February 17, 2004 Alltel Cuts 600 Nationwide Arkansas Business Online, AR - 42 minutes ago of Little Rock on Monday laid off about 600 employees companywide, with a net loss of about 90 jobs in Little Rock, company officials confirmed Tuesday. http://arkansasbusiness.com/news/headline_...e.asp?aid=36678 Link to comment Share on other sites More sharing options...
Guest Posted February 17, 2004 Report Share Posted February 17, 2004 OAKLAND, Calif. -- Nearly 700 retirees in the Bay Area will lose their health and insurance benefits as a former Oakland-based company tries to emerge from bankruptcy. Kaiser Aluminum and Chemical Corporation has reached an agreement to cancel medical and life insurance benefits for all retirees by the end of May http://www.nbc11.com/news/2852703/detail.html Link to comment Share on other sites More sharing options...
soup Posted February 17, 2004 Report Share Posted February 17, 2004 +1200 tick, yep all natural buying... Link to comment Share on other sites More sharing options...
brian4 Posted February 17, 2004 Report Share Posted February 17, 2004 second inverted window in a row-the next one in a while will tell the tale! Link to comment Share on other sites More sharing options...
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