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Posted

They just said on Crapvision that the President has a much bigger package than anybody thought.

 

I guess the First Lady knew all along though.

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Posted

see the java chart at bigcharts.com for spx.

 

this same 'moonshot' happened on 5/18/01 and 3/15/02 and today? a pattern of double bottom ST and testing of double top.

 

seems like a low prob to rise more, let stops protect. a simple line drawn from the closing prices 8/21/01 - 11/29/02 and still higher than today's reading shows a down trend during the last 6 months. look at the 5 year chart and note the downhill run. this former perma-bull sees 700's soon again too.

 

I tried to sell covered calls on my 401 stock today (1000 bby) but aha! they changed the rules effective jan 1 and no longer allow covered calls. bet allowing the covered calls cuts into the loaning of shares to shorts.

 

I'm still waiting for 26.80 on Q's

Posted

So, Shrub wants to stimulate.

 

The methedrine-inebriated markets have done, in 3 days, what San Diego real estate does in one whole month!

 

This is the height of generosity and should be congratulated by all........

 

A big down wave requires the vast majority to be wrong. I remain hedged.

Posted

Well, some here nervously went bullish, then were spooked into covering longs.

UDDERS are saying this is something they've never seen beFUR.

The NYSE cumulative A/D line is at all? time highs.

 

The market is poised for a breakout BUTT hASSn't quite made it through major resistance, yet. At least not decisively if one considers 925 some sort of line in the sand, or 925-935.

 

It's beyond that 885-915 band.

 

All these signs suggest something different is aPAW, PERHAPS. Something a bit weird.

 

Which is how the bear will end, no doubt.

 

BUTT SNOT here. SNOT now, GUESSES HRFF.

 

Again, too much, too soon. Steady buying SNOTwithstanding.

Guest stayshortalways
Posted

Havn't we seen this before...puts get blown out this week, maybe followed by calls next week?? :ph34r:

Posted
They just said on Crapvision that the President has a much bigger package than anybody thought.

 

I guess the First Lady knew all along though.

Earlier, Martha McCulum said, " the President's package is front end loaded". I kept the Beavis/Butthead chuckle to myself.

Posted
They just said on Crapvision that the President has a much bigger package than anybody thought.

 

I guess the First Lady  knew all along though.

ROFLMAO!

LIke I said before, Bush likes to ask for his best case and then negotiate. It will send the markets wild. - Until they realize the package is unrealistic and won't happen.

Posted

Well from who I follow Eliades,EWI, Crosscurrents

ie A Newmen

 

This 4th year of a Bear will be a Killer of all Bulls.

 

So stands to reason mr mk will drive as many Weak Bears

out eary in the year.

 

Reason I believe mk is acting this way.

 

The downtrend will be MUCH WORSE :o

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