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I am an 'expert' on bottoms, lol, i own several.
Market drags lower for weeks & months and finally ends up
with a big down day, for this market would have to be 5-600
points. You mention stox to a buddy and he punches you.
GOLD WILL BE DOWN THAT SAME DAY BY $100-200
Oil will fall $10 at the same time.
Every analyst will look shell shocked and suggest you buy
puts for retirement, there will not be the onslaught of idiots
calling a bottom we see now.
You call your borker (i know its all puter now) and make
your order and he answers with a "Are you fucking nutz".
And you will throw up twice before hitting the buy button.
TILL THEN THIS IS A BEAR RALLY, NOT A BOTTOM SO
DON'T LISTEN TO THE TOUTS!!!!
BTW, CRAMER WILL GET FIRED THE WEEK BEFORE
DUE TO BAD RATINGS.
When we get close to a bottom (and no, not even close
yet!!!!!) i will try to convey that.
Till then, STFU and short rallies & IPO's.
How to spot a market bottom?
That's when the DOW is a four digit number, right?
Something in maybe an 8000 ?
On Mar 19, 3:51 pm, Doobie Keebler <k...@g...com> wrote:
> How to spot a market bottom?
>
> That's when the DOW is a four digit number, right?
>
> Something in maybe an 8000 ?
Did ok today, glad you asked,. can now afford a real hooker instead
of comics daughter. Her muzzle always gets in the way.
MPEACH BUSH !!!! Lets hang him in a public display and do a P-P-V
telecast of his trial and execution. The Money It Generates could
cover
sub prime corporate crime.
On Mar 19, 1:51 pm, Doobie Keebler <k...@g...com> wrote:
> How to spot a market bottom?
>
> That's when the DOW is a four digit number, right?
>
> Something in maybe an 8000 ?
I'm thinking that first digit of the four-digit DOW should be more of
a 4 or a 5.
Mike
> I'm thinking that first digit of the four-digit DOW should be more of
> a 4 or a 5.
>
> Mike
If priced in euros, its possible.
Now, just WTF was that bullshit 420 rally bout ?? What ids are putting
up that amount of cash to watch crash a day later ???? No serious,
i wanna thank him from the bottom of my bank a/c.
I smell another bank/trust/borkerage doing the bernanke swoon any
day soon.
s...@y...com wrote:
> On Mar 19, 1:51 pm, Doobie Keebler <k...@g...com> wrote:
>> How to spot a market bottom?
>>
>> That's when the DOW is a four digit number, right?
>>
>> Something in maybe an 8000 ?
>
> I'm thinking that first digit of the four-digit DOW should be more of
> a 4 or a 5.
>
> Mike
I would think that we were at the bottom when the interest rates start
rising again.
On Mar 19, 12:57 pm, "B...@g...com" <B...@g...com>
wrote:
> Market drags lower for weeks & months and finally ends up
> with a big down day, for this market would have to be 5-600
> points. You mention stox to a buddy and he punches you.
> GOLD WILL BE DOWN THAT SAME DAY BY $100-200
> Oil will fall $10 at the same time.
And it begins:
Gold prices continue to slip after overnight tumble
====================================
March 19, 2008
HONG KONG (MarketWatch) -- Gold prices continued to slide in
electronic trading Thursday, after suffering their worst one-day drop
in nearly two years in a regular session overnight, on the dollar's
strength and weakened crude oil and base metal prices.
http://www.marketwatch.com/news/story/gold-prices-co
ntinue-slip-after/story.aspx?guid=%7BB7C647BA%2D96E2
%2D477F%2D818E%2DABA382991953%7D&siteid=rss
Crude-oil futures briefly drops below $100
===============================
March 20, 2008
LONDON (MarketWatch) -- Crude oil futures briefly dropped under $100 a
barrel for the first time in three weeks as the flight out of
commodities continued.
.
.d
The fundies for crude (CL) are a little different than the fundies for gold
(GC). Believe it or not, supply and demand are a significant component of the
CL price. A full blown recession (third one for the Bush family) and falling
demand for gasoline explains this move.
For GC there is only one fundie and that is the USD. Do you think the Fed's
injecting "liquidity" (a euphemism for overtime authorization at the Bureau of
Engraving and Printing) will strengthen the USD?
To best explain the downfall of GC, Art Cashin put it this way. The hedge funds
needed to raise cash and in their situation, "...you can't sell what you want.
You sell what you have."
--
Lubow
To see my stock picks go to www.stockpickr.com Enter lubow in Enter Topic box
"Doobie Keebler" <k...@g...com> wrote in message
news:e32e948c-a3d3-41e2-bd19-52d900448640@b1g2000hsg
.googlegroups.com...
> On Mar 19, 12:57 pm, "B...@g...com" <B...@g...com>
> wrote:
>
>> Market drags lower for weeks & months and finally ends up
>> with a big down day, for this market would have to be 5-600
>> points. You mention stox to a buddy and he punches you.
>> GOLD WILL BE DOWN THAT SAME DAY BY $100-200
>> Oil will fall $10 at the same time.
>
> And it begins:
>
> Gold prices continue to slip after overnight tumble
lubow <l...@l...com> wrote in message
news:hDtEj.14968$k92.14622@trndny06...
> The fundies for crude (CL) are a little different than the fundies for
gold
> (GC). Believe it or not, supply and demand are a significant component of
the
> CL price. A full blown recession (third one for the Bush family) and
falling
> demand for gasoline explains this move.
>
> For GC there is only one fundie and that is the USD. Do you think the
Fed's
> injecting "liquidity" (a euphemism for overtime authorization at the
Bureau of
> Engraving and Printing) will strengthen the USD?
>
> To best explain the downfall of GC, Art Cashin put it this way. The hedge
funds
> needed to raise cash and in their situation, "...you can't sell what you
want.
> You sell what you have."
And people wonder why I call this idiot an idiot.
For those with an IQ above 50, read the above self-contradictory
nonsense again, and savor its self-contradictorious nonsensicality...
In other news, the "loonie" continues to collapse after this
whack-o last moronically posted about it:
20080228 1 CAD = 1.0216 USD
20080320 1 CAD = 0.9746 USD
Don't worry though, even though it's falling at the rate of about 5%
a month, it WON'T lose over 250% by this time next year, I can assure
you of at least that much...
---
William Ernest Reid
Post count: 980
My moneys on lubow, he is trusty and his argues are well thunked
out, bill weed on the other hand seems like a same sex partner for
the likes of comics and his pet hog.
Betcha both guys are scientologists. . .
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