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Re: Dick, Harry etc.
Isn't there a Tom out there to compliment this thing.
In the meantime, the market is a bit too far on the upside and a correction is in order. Looking at the bullish index, we have, at the moment, what Greenspan might call "Irrational Exuberance"...LOL - dejgaard
My oppinion is that whatever is going to happen in the markets/economy can not possibly be predicted right now and for at least another year so be cautious. - harrytc1
Kurt and Harry,
I've being especially cautious but I don't have myself to credit. When the market soured, I soured to the market, quit watching Kangas, Rukeyser and all the others. I even quit reading message boards, if you can believe that, and actually found other things to do. I'm also still trying to nurse my margined accounts back to health, so I've been in no position to buy stocks even if I had wanted to.
But now I'm thinking that in years to come we're going to look back on these days and realize that it was a once-in-a-lifetime opportunity. I still can't buy big, as I still have some margin to take care of, but if we were to see a collapse as you're both saying, I'd definitely like to use the opportunity to pick up a few extra shares. The picking shouldn't be too difficult, any company (even the dot-coms) that have survived the past 3 years most likely are for real. The hard part is figuring out which ones have the greatest potential and the best share price.
Dick
Hi Dejgaard, Dick
IMO there are a few factors here at play that they do not jive.
One is the weak dollar and the other one is the price of oil.
The weak dollar is good in one way and that is "exports". Here is the conflict though, exports with expensive oil and weak dollar is contradictory. Industry (whatever is left of it) needs oil to produce in order to export, not only the oil is expensive as it is almost $29 per barrel but on top of that the dollar is weak which means that one dollar buys less oil now. That brings another fear into the picture and the fear is the possibility of selling for less $ than it takes to produce.
That is deflation and let's not get into this story (crash etc).
Let's not forget that the Nasdaq at 6000 was when the oil was $8.00 per barrel. So the question is what the bottom would be?
I was one of the pessimists if anybody remembers, but if somebody told me Nasdaq at 1300 I would laugh as loud as I could.
Let's get back to the weak dollar, which IMO is one of the biggest players right now although i have not heard any analyst making a strong case for it. When a country has a trade deficit of $450 b and that is growing exponentially there is a big problem at hand because that exponent now from squre goes into cube etc.
Weak dollar is good when you are on the plus side on the trade. Weak dollar also is good for the un/employment index,
weak dollar more production more jobs but here is another thing that does not jive, the unemloyment is on the rise.
My oppinion is that whatever is going to happen in the markets/economy can not possibly be predicted right now and for at least another year so be cautious.
Harry
Dick, Harry etc.
Dick, I agree with you about the 'Silver Lining'.
It's good to see that people are now contemplating buying on dips, rather than being afraid of plunges to new lows. The 'Greed Factor' is beginning to play in and it's about time!
I agree with Meme that the rocket will ignite second stage in October and as usual for second stages, it is what will bring this rocket into orbit. (From there on, we'll see if there'll be a third stage that brings us to 'The Moon').
In the meantime, the market is a bit too far on the upside and a correction is in order. Looking at the bullish index, we have, at the moment, what Greenspan might call "Irrational Exuberance"...LOL
http://stockcharts.com/def/servlet/SC.web?c=$bpcompq,uu[h,a]wallyyay[d19970101,20030801]
Re: I couldn't resist
IMO the drop will be very sadden and rough, crash like. - harrytc1
Hi Harry,
I don't think it'll be that bad, but even if your dire prediction comes true, there's a silver lining. We all know now that the market has bottomed, and will rise again. I would welcome one more chance to pick up a few shares at rock bottom prices. Your crash scenario might afford me that opportunity.
DickMN
I couldn't resist
Junior is a freakin' moron puppet whose strings are yanked by Cheney and Rumsfeld
I could not disagree more. On the contrary, I think junior knows exactly what he is doing and I don't know if "to his credit" is the right phrase but "to his credit" he does make it look like the others are the bad guys and they take advantage of him but he is the "good guy".
I am not defending him, I think what is happening is very sad and every day that an American soldier or anybody else for that matter is losing his or her life for the benefit of company x, y, z it says a lot about us the people of America that we see no wrong and the popularity numbers are still up there.
IMO the problem is that we have to wake up and smell the roses and in fact we have to accept that what we thought it was roses it was poison ivy.
A few words on the economic frontier. I agree with all the statements that were expressed on the board, the economic data does not support the current rise but ride the wave and jump as fast as you can. IMO the drop will be very sadden and rough, crash like.
You all have a nice day.
Harry
AOL pulls plug on further Netscape development
http://biz.yahoo.com/rc/030716/tech_aol_cuts_1.html
(OT) Clintons must pay own legal fees
(Translated)
The former president and his wife, who's now a senator for New York, had requested $3.58 million. They were to cover legal fees when first Robert Fiske and then Kenneth Starr investigated their role in property transactions that went bad and brought a local bank to its knees (The "Whitewater" case).
Considering that the federal court and Kenneth Starr could spend $80 mio. on this case, I'm slightly amazed that the Clintons have to cover their own expences...
Would it not be right, then, to demand Kenneth Starr and his gang to pay up their lost $80 mio as well?...
Not that I particluarly sympathize with the Clintons in this, but it sounds unreasonable and almost Kafka-like to me...
KD
DoubleBuy,
Good to see you again!
I hope you bookmark this link...we oldies do chat here on occasion....LOL!
Re Re Nah, Meme...
At least senior didn't imagine that some $300 billion in tax breaks to the wealthy would do the economic trick.
Ah... You mean THIS?
http://www.markfiore.com/animation/delay.html
http://www.markfiore.com/animation/taxcut.html
http://www.markfiore.com/animation/looting.html
KD
Re: Nah, Meme. 1/4% = cosmetics
But I'm thinking less in short term trading and more in getting in around the bottom.
I think the bottom is too late and we're talking about possibilities of a correction-dip to buy into or not.
I agree, the bottom is too late.
End of September/October might be the opportunity. This market has had quite a run and the economy just doesn't support it.
That said, much can be destroyed, politically, yet. Bush Jr. seems as economics savvy as Bush Sr., as well as share his choice of favorite villains...
Pardon me? I think Bush Sr. had it waaaay over Junior. At least senior didn't imagine that some $300 billion in tax breaks to the wealthy would do the economic trick. Junior is a freakin' moron puppet whose strings are yanked by Cheney and Rumsfeld.
Do you know anything about junior's past? In essence, he's a failed business man who only made money prior to becoming governor because he had the inside scoop from pops on the upcoming war with Iraq. I'm dead serious.
However, the outcome could be the same as Bush the 1st's. At least, I can hope. <G>
Meme
Nah, Meme. 1/4% = cosmetics.
But I'm thinking less in short term trading and more in getting in around the bottom.
I think the bottom is too late and we're talking about possibilities of a correction-dip to buy into or not.
We could be seeing an aborted runup like that in Japan 1998-2000, but I doubt it rather a lot...
That said, much can be destroyed, politically, yet. Bush Jr. seems as economics savvy as Bush Sr., as well as share his choice of favorite villains...
Reamins to be seen if he copies his father also in presidential duration (4 years and then loosing to a then unknown zero from Arkansas...)
KD
Good luck in 2004. I'm counting on you guys to get it right - no "pregnant chads", no BS, no nothing!
Re: Stick around! Once the Nasdaq gets real toasty, this place will heat up, too... Just about a week before the next big sellout, I'll bet...
I'd be cautious right now. You've got the earning season heatup, and then you'll see the post earning season combined with the dog days cool down.
Moreover, the post-war rally may be premature to the economic rebound. Unemployment keeps eking higher here, 6.4% a nine-year high. Even Greenspan cut rates further in an effort to fend off the possibility (even if he says it's low) of deflation. If he thinks there's such a low probability why cut rates? Do you really think that 1/4 percent will make any difference?
Meme
Re: Ah, finally found it!
What an opening, but I'll resist the urge. <G>
Geez Louise, DB, I found you on that obscure little Yahoo board. You'd think you could handle going to ihub and GO.
I know "GO" is tough to remember. You taking Dumbya lessons? <VBG>
Sorry, couldn't resist. Should I duck now?
Meme
Good to see you, DB!
Stick around! Once the Nasdaq gets real toasty, this place will heat up, too... Just about a week before the next big sellout, I'll bet...
Wish I could tell the difference between "On Fire" and "Crash & Burn", myself...
KD
(A populist political party in Denmark, which wanted to abolish the army, suggested that we put up motion sensitive loudspeakers at the boarders, coupled to a taperecorder playing the message "This is Denmark! We capitulate!". Much cheaper - Deterence factor on par with our army, which is in Afghanistan and Iraq and Bosnia and Kosovo and Cyprus... anywhere but home, actually...
My personal suggestion for an ammendment to the idea:
The tape recorder plays "This is Denmark! We appologize, but we can't fight you, right now! Could you come back, later?")
Yahoo buys Overture!
It used to be "Overture buys Alta Vista from CMGI" not long ago on a board near you. But now Overture is getting swallowed by a bigger fish, itself.
Much consolidation in the field. Good sign! Yahoo must have sensed that this is as cheap as it's going to come.
http://news.moneycentral.msn.com/breaking/breakingnewsarticle.asp?feed=OBR&Date=20030714&ID=...
KD
GOOOO BULL!!!
Ah, finally found it! Just wanted to drop by and say Hello to: dejgaard, DickMN, dpb5....
And of coarse MeMe, but i still say that Rum & DietCoke will rust your pipes....LOLLLLLLLL
Hope all are healthy and making a bundle in the market.
DB
Re: Merril Lynch and Blodget not liable for "strong buy" hoaxes!
Court said that inveswtors should have been aware that technology stocks were hasardous and false advertisement amounts to nothing...
How neat, eh?...
Personally, I think it's time to move on from this issue, but that does not mean I think Blodget should be let off the hook, nor that BS recomendations with clear unterior motives, should go unpunished.
Welcome to the world of the rich, white male-dominated corporate America, dej. Their kin have control of the administration. No harm shall come to them. Why even Kenny Lay has yet to be indicted.
And, hey, let's give them poor rich folk a tax-cut to boot. Even if it means a trading a surplus for a deficit twice as large as last year's and a national debt the likes of which we've never seen.
Shoot, the Iraqi war's only cost us $70 billion, and counting. And look what we've accomplished! The Iraqis hate us, most of the world hates us, we've found no Weapons of Mass Destruction, the jihadists have been refueled with hate, and we have no nations to help us rebuild Iraq. Oh, but Halliburton is feeling quite happy with all of its lucrative contracts.
Shoot, let them keep sabatoging the oil pipeline and facilities, Halliburton has an open-end contract to rebuild them.
Meme
Merril Lynch and Blodget not liable for "strong buy" hoaxes!
Court said that inveswtors should have been aware that technology stocks were hasardous and false advertisement amounts to nothing...
How neat, eh?...
Personally, I think it's time to move on from this issue, but that does not mean I think Blodget should be let off the hook, nor that BS recomendations with clear unterior motives, should go unpunished.
Mob is and remains mob - no matter how foolish people may be...
KD
Fast WLAN accepted by IEEE
(my translation from a Danish newspaper)
The WLAN standard 802.11g has finally become a member of the IEEE family. This was announced by IEEE (Standards Board of the Institute of Electrical and Electronics Engineers), Thursday. This ensures compatibility between 802.11g-based equipment from various producers.
IEEE 802.11g uses the 5 GHz frequency band and has a maximum bandwith of 54 Mb/sec. The technology is reverse compatible and can, without complications, communicate with with the more widespread IEEE 802.11b which uses the 2.4 GHz frequency band and runs at a maximum speed of 11 Mb/sec. The speed, however, of the 802.11g reduces to 11 Mb/sec while communicating with the 802.11b network.
"IEEE 802.11g gives the WLAN producers and users increased flexibility, when they choose the system that fits their needs best" says Stuart J. Kerry from IEEE 802.11 work group.
At Wi-Fi Alliance, a union of Wi-Fi producers, the acceptance is welcomed.
"The result of the recognition is that Wi-Fi Alliance in the near future will announce the first round of Wi-Fi certified 802.11g products. There are already more than 700 different Wi-Fi certified products and we expect that the expansion of the standard will increase both the number of prduct certificates and growth in the industry as such" says Frank Hanzlik, director of Wi-Fi Alliance.
KD
No cigar for NMPS
They had their presentation, today, and if anything it confirmed that theirs is one tough spot.
They presented some technical data that explain in some depth the nature of the problem they're encountering on their phosphorylated protein.
It did not leave anything remotely like an impression that breakthrough is just around the corner...
Too bad!
Could have been fun.
KD
Re: A quick hot tip:
The ticker to look for is NMPS. It's a microcap diagnostics company called Matritech.
KD - Thanks for the tip, will keep an eye on it, though I don't know beans about med stocks.
DickMN
Thx for the clarification KD!!!!
Aloha
Nope! Cytology is the old fashioned way of screening for bladder cancer and it is inaccurate.
Matritech (NMPS) has a diagnostic kit on the market for bladder cancer, called NMP22.
It's accuracy is relatively OK, but it still does not beat cystoscopy (and endoscopic method where the bladder wall is visually inspected).
Cystoscopy is, however, not very cheap or easy and it takes manpower, since it is a manual procedure.
The NMP22 test hasn't fared well for Matritech, but they have e new dipstick-type test just developed that might make it easier to sell (because it is introduced to a market where it is competing with cytology, not cystoscopy).
What the meeting next week concerns - it will not include anything about the NMP22 test, but it will possibly - possibly - contain data on a much awaited NMP66 test that Matritech has been working on for (too) long. This test is a serum test that has shown potential as a breast cancer test that may potentially beat mammography (which has a huge market that GE earns tons of money on).
Matritech has had problems getting the NMP66 test converted into something that can be done on a mass scale (in clinical labs).
Perhaps - just perhaps - one of the best instrumentation companies around, Bruker Daltronics, has found a solution to that problem.
If they have, this bird could take off real soon...
Investment is always a chance to take, but I hope, for the sake of the fairer sex that they're squarely on target with this one...
KD
PS. The damn thing is that if they can get NMP66 to fly, they have similar tests for colon cancer and prostate cancer waiting in the pipeline. All of this has been on hold because of the same technical problem. If women hope for a better test for breast cancer that does not include mammography, I'm sure there are lots of men that await with equal impatience a test for prostate cancer that is equally... "non-invasive on their private parts"...
Add to that a colon cancer test that does not include the much dreaded colonoscopy.
I've never had one and hope I never will. I'll trade that one off for a small blood sample, any day...
Hey KD
I did a little research and got somewhat confused by an article which stated
"Tomera's research also studied the accuracy of cytology, a laboratory-based urine test. Cytology correctly identified only 18 percent of the individuals with bladder cancer, missing 15 patients with the disease. Cystoscopy combined with cytology did not improve the detection rate of bladder cancer."
Is this the NMPS test? Or am I confused? What I read here does not compel me to buy the stock. Sorry if this is a dumb question. Biotech is not my forte.
A quick hot tip:
There's this small biotech company that been struggling for years on end, trying to come up with new cancer screening products.
They've been in tons of trouble (they're too small, really) but got the bright idea to team up with one of the state-of-the-art proteomics companies there is (Bruker Daltronics).
They are supposed to report on potentially exiting results at the yearly American Mass Spectroscopist meeting, next week, here in Montreal.
I'll be at the meeting and will be happy to repost back to the board what I observe - just in case there really is some meat on this one.
The ticker to look for is NMPS. It's a microcap diagnostics company called Matritech.
They've had quite a runup in resent days, in anticipation of the meeting, next week...
KD
Fully agree, dpb. First inning in the Internet game saw a lot of ideas out there, basically meant to ride the wave and make money.
Second inning saw the collaps of what could not stand.
third inning will perhaps now see some of the ideas ending up in hands of those who have a clue about what to do with it - in recognition by the former owners that if they don't hand it to people with ideas and drive, more is going to disappear (no point in owning something, if you don't care and don't know what to do with it. Better sell it for little than close it down and get nothing).
Let the third inning commence!
KD
Kurt,
I think it is great that Bob Z. was able to pull this purchase of Silicon Investor off!
I sort of sniff this as perhaps the "next wave" of Internet Investment Possibilites???
Time will tell.
Aloha (FWIW)
Much speaks for this being the turnaround for the market.
Sentiment is reflected in two aspects:
1) 200 EMA broken through to the upside and is normally a very strong support
2) We have landed at what has been the baseline support throughout the last 12-14 years (draw line through the lows of 200 EMA)
http://stockcharts.com/def/servlet/SC.web?c=$spx,uu[h,a]dallyyay[d19900101,20030521][pc200]...
I can't imagine this breaking down again... Once a 200 EMA is broken through, a new breakdown is normally far ahead.
Here's an example for comparison:
http://stockcharts.com/def/servlet/SC.web?c=$spx,uu[h,a]dallyyay[d19810101,19830101][pc200]....
and where we are now
http://stockcharts.com/def/servlet/SC.web?c=$spx,uu[h,a]dallyyay[d20010101,20030601][pc200]&<....
Current supports to watch out for, are:
NASDAQ Composite Index: 1430
SP500 Index: 910
Dow Jones Industrial Average: 8495
KD
Infospace sells SiliconInvestor.com to Bob Zumbrunnen
http://www.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&siteid=yhoo&dist=yhoo&gui...
KD
Sorry, Aloha. Reuters outdate their stories too fast!
Hey KD
I clicked your Hedge Fund link but got no story. Anyway I hope they are right.
Hedge Funds Smell End of Bear Market.
http://news.moneycentral.msn.com/breaking/breakingnewsarticle.asp?feed=OBR&Date=20030518&ID=....
KD
Aloha
I think we all, to some extend, have some concern about these kinds of things. One lesson that was learned too late, was that x-rays are dangerous... It took a fair amount of radiation damage before that was figured out.
While in Germany, I got pretty upset when my wife was expecting our son. The midwife she went to, would do ultrasonography every second week ("the medical insurance pays, so by all means let's have fun and get some good pictures, eh?").
I considered what was happening "horsing around". Ultrasonography does not appear to be dangerous in any way (-that we know of, yet). But that can in no way justify using it as a toy - it is not and a healthy amount of respect shoud be displayed towards new things.
As for the microwave-thing... Your microwave oven works the way it works, because it's designed with a specific wavelength in mind - a wavelength that exite water molecules. It is exploiting quantum mechanical properties, and what I'm trying to imply here (without boring you with details) is that it is far from all microwaves that will hit a wavelength that will exite molecules in your body and thus deposite its energy, there, as heat. If they do, the response would have to be acute and not cumulative (heat doesn't stay - it dissipates).
If there were a danger with microwaves, I suspect we'd know it by now, since they've been in use for generations (short wave radios - you may have used or know someone who's used one as an amateur radio operator. As for myself - with my background in chemistry, I've used microwave spectroscopy in molecular analysis and it is in daily use as such (because of the quantum mechanical response to microwaves by molecules - it makes molecules rotate at defined molecule-specific energies). I've never heard of any side-effects from it by the technicians that operates the spectrometers...).
KD
Dej
Just got back from InterOp in Las Vegas and Wi-Fi had the largest space at the convention. They were demonstrating the technology and it really looked cool and operated very well.
I just worry about all the invisible radio/microwave signals flying around the world. Might they be slowly cooking our brains?
WE BEAT THE USA IN ICEHOCKEY!!!
DENMARK BEAT THE USA IN ICEHOCKEY!!!
THIS IS TOO DAMN FUNNY!
I'm happy for you Dej although I never considered the USA a powerhouse in that sport. Maybe they're becoming one of the elite but I'd say that is primarily due to getting players from other countries.
HOW ABOUT THOSE MIGHTY DUCKS!!!!!!!!
:)
Good volume on the Nasdaq
Since the 200 EMA was broken, there's been no looking back! That bear is really getting its teeth pulled out now...
http://stockcharts.com/def/servlet/SC.web?c=$COMPQ,uu[h,a]daolyyay[dc][pc200][vc60][iUb14!La12,26,9]....
Market looks more and more overbought, though. I would like to see some steam let out, or too many will rush to take profits, simultaneously, suddenly:
http://stockcharts.com/def/servlet/SC.web?c=$bpcompq,uu[h,a]daclyyay[df][pb20!f]
KD
What became of SPAM's 'inventors':
DIGITAL (of course, dammit - at the institute where I studied chemistry, the computational workhorse was a VAX 780...)
http://www.wikipedia.org/wiki/Digital_Equipment_Corporation
Ran into chronic red ink. Sold off 'bit by bit' (ROTFL!!!) .
Computer division eventually bought by Compaq - so -
Today, they are HP.
Kick their ass SUNW!
Or better yet - SUNW - since you've been such a DOG, since 2000... Make some use of your status as a canine companion and BITE!!! ATTACK!!!
d'ooooh!!!...
Help me out here, Baily - How do I get this stupid mod to move?...
KD
PS. Picture of the WAX
http://www.fwtunesco.org/musi/museu15.html
PPS. Picture of a SPAM mail?... no need, right? just open your mailbox...
PPPS. I gotta wonder if anyone has the text of the first junkmail - the original virtual sin - the mother of all mail account jamming POS! - lying around somewhere? It ought to be the centerpiece of any respectable Hall of Shame...
SPAM mail celebrates its 25th birthday
Again, translated from a Danish newspaper:
" Junkmails 25th birthday
One of the most irritating phenomenons on the internet, junkmail or spam, turned 25. Net historians have traced the phenomenon back to 1978
It is rather doubtful that anyone will celebrate that it's 25 years since the first time someone sent an unwanted commercial mail to others. But net historians have traced the first spammail to 1978, according to BBC on-line.
Back then, there was no internet, but rather its predecessor, Arpanet, which had then existed for 9 years. With Arpanet, educational institutions and other public institutions could exchange text messages.
On the 3rd of May, 1978 a sales director at Digital Equipment Corporation decided to send a message to all Arpanet users on the American west coast about an open-house arrangement with exibitions of the companys latest computers.
The text message resulted in widespread protests from Arpanet users, since the research network was dedicated to non-commercial use - and because the text message was "poorly writen" (ROTFLMAO!!!)
Today, it is estimated that spam makes up 40% of all e-mail traffic and from many sides, attempts are made to put a break on it.
By comparison, in 2001, spam made up 8% of all e-mails.
A survey made by the US Federal Trade Commision shows that 66% of all spam mails are false and their only purpose is to get the receiver to answer. Thereafter, the mailer can register the active e-mail address - and sell it to others for commercial purposes."
Monty Python has been given the honor of inventing the word "spam" as a slang, with a scetch about a restaurant in which all guests are offered "spam" with all dishes...
KD
Anyone knows if Digital Equipment Corporation still exist? If it does, how about we all send them an e-mail, congratulating them with their accomplishment - preferably with a 5 MB file attached, to fill up some space, eh?...
PARIS to become a Wi-Fi zone
From the Danish Newspaper "Morgenavisen Jyllands-Posten" (in my translation)
"Paris converted to a Wi-Fi zone
The "city of cities" is to be converted to one connected wireless zone so anyone can be on-line, wherever you are within the city. The ambicious plan is to be realized by the working group 'Wixos' that has been founded by the consulting firm Cap Gemini Ernst Young, the network supplier Cisco and the French tram company RATP.
Within a defined timeframe, the group will equip Paris with so many WLAN-antennaes that the entire city becomes one giantic Wi-Fi zone.
So far, the group has started a pilot project that should work by June 30th. The project plans that everyone commuting by citibus-line 38, driving between Porte d'Orleans and Gare du Nord will be able to wireless connect anywhere while on the bus. The Wi-Fi antennaes are placed along the t-rail stations along the route.
Until the end of the project, it will be free to use the network - although one must subsrcibe on the work groups homepage, wixos.net. So far, around 600 have taken the offer.
Sometime during the autumn, Wixos will decide the speed by which the further expansion of the network will take place. The goal is to install Wi-Fi antennaes at all 372 t-rail stations in Paris."
KD
Dotcom survivors starting to bubble
http://www.cnn.com/2003/TECH/biztech/05/02/dotcom.comeback.ap/index.html
Rock & Roll, Baby...
Did we learn anything?
...Nah!
Groovie!...
Let's have fun, again!!!!
KD
Re Meme
We just played 2:2 against Canada in the next round, so now I'm beginning to think that...
... That too many good players are tied up in the Stanley Cup... hehe...
Observed from the outside and from a nation that perhaps were a more eager coalition participant than even the UK, I have to agree conditionally.
Bush pushed his agenda on Iraq using the WMD card and it was obvious that he had no case. If countries, therefore, on that pretext, deside not to join this latest coalition, Bush and his administration had better accept it and do the war according to whatever underlying agenda they had (which is not "liberating an oppressed people". Had that been the case, there would have been little point in going half way around the world - he had needed go no further than Cuba to build a similar case).
Alienating those countries who declined with frankly wild and unwarranted accusations and redicule was not called for. As little as it's called for that anyone who disagree with the Bush administration, domestically, are protrayed as "unpatriotic".
That last issue give me a really bad feeling of neo-MacCarthyism... ("tow the line, or we'll call you a Communist. Critisize, and we'll have you fired and isolated as an outcast and a public enemy" ).
One should be able to disagree to that, whether one is Republican or Democrat, whether one is American or German and whether ones leader is called "Bush" or "Comrade Napoleon".
KD
Re: You'll have to forgive me for this one....
Knock yourself out, dej, I'm not terribly proud of what America is becoming these days anyway.
If we're going to play "We're the biggest asshole on the block so don't fuck with us" with the world, it's sorta nice to see our asses get whooped in a macho American sport. <G>
Meme
WELCOME BACK, BULL!
http://stockcharts.com/def/servlet/SC.web?c=$COMPQ,uu[h,a]daolyyay[de][pb60!c200][vc60][iUb14!La12,2....
This doesn't look like it's gonna collapse back down again! It actually looks like the 200 EMA resistance is B-R-O-K-E-N!!!
-But trees grow so fast... Market is approaching max strain and here's a visual of what that looks like:
http://stockcharts.com/def/servlet/SC.web?c=$bpcompq,uu[h,a]daclyyay[df][pb20!f]
My best guess for the big reunion party to begin is October. But for the time being - THIS'LL do JUST FINE, THANKYOU!!
BTW, talking about October:
Under normal circumstances, market in general does better from October thru March (Dunno if that has to do with the hypernating season of the bear... eeehhh?... What do you say, Baily?...)
This market contraction started with an ever so dramatic break of that rule-of-thumb (I know most of you think the latest downturn started in April of 2000, but it didn't. The spring crash of the Nasdaq only brought it down to it's 200 EMA, which it had sprinted well ahead of, at that time. Companies like JDSU went on to reach new highs, after that, during the summer).
The actual crash, happened in October of 2000 and the hardest hit came from ... October thru March...
If it started a down-trend by reversing normal practice - it may also do it, as it leaves...
Morale - You can't trust anything, least of all, me! (Which a lot of nifty little chicks with lots of bare skin in the spring sun in Montreal shouldtake heed of - but I'm so glad they don't...)
KD
Soooo, NASDAQ!... wanna go to MY place and see my chart collection?
You'll have to forgive me for this one....
WE BEAT THE USA IN ICEHOCKEY!!!
DENMARK BEAT THE USA IN ICEHOCKEY!!!
THIS IS TOO DAMN FUNNY!
WE ARE A CARTOON TEAM, FOR GOD SAKE!!
WE'RE THE ASS OF FOURTH DIVISION!!
HOW WE EVER QUALIFIED FOR THE A-DIVISION REMAINS A MYSTERY THE SIZE OF "WHO SHOT JFK?"!!!
YOH, Disney!! If you could make a film about a Jamaican bob sleigh team, you should make a film about THIS...
-Or does it hurt too much?...
ROTFL, ROTFL, ROTFL!!!!
What a difference a few days can make!
Nortel surprised and got themselves a profit, today (how unbelievable is that, I ask...).
Other earnings have been surprisingly positive and better-than-expected over a broad range
The Nasdaq is in the midst of the most credible attack on it's downward resistance, since 2000
http://stockcharts.com/def/servlet/SC.web?c=$COMPQ,uu[h,a]daolyyay[df][pc200][vc60][iUb14!La12,26,9]...
Is it it? Is this the end of the tunnel?
Almost hard to believe it, but it has to end, one day...
I'm slightly phazed by the fact that this might be turning around while the SP500 is still selling at a relatively hefty P/E... Not seen, before, but there's a first for everything...
Good luck, out there - and keep your eyes open!
KD
Peculiar market behavior
The Nasdaq is again toying with it's 200 EMA, contemplating breaking out of the downwards resistance, bringing the downturn to an end.
What's peculiar about it is that it's second tier companies pulling it up...
A couple of cases in point:
http://stockcharts.com/def/servlet/SC.web?c=insp,uu[h,a]daolyyay[de][pb60!c200][vc60][iUb14!La12,26,...
http://stockcharts.com/def/servlet/SC.web?c=jnpr,uu[h,a]daolyyay[de][pb60!c200][vc60][iUb14!La12,26,...
Whereas frontier companies still hover below the 200 EMA resistance:
http://stockcharts.com/def/servlet/SC.web?c=csco,uu[h,a]daolyyay[de][pb60!c200][vc60][iUb14!La12,26,...
http://stockcharts.com/def/servlet/SC.web?c=msft,uu[h,a]daolyyay[de][pb60!c200][vc60][iUb14!La12,26,...
For the Nasdaq to break free, the frontier companies must follow suit (in fact, one would have expected them to be the first to do it).
General comments: Market appears close to overbought at the moment. Good things could happen, soon, but one will have to keep an extremely watchful eye on developments on a day to day basis.
http://stockcharts.com/def/servlet/SC.web?c=$bpcompq,uu[h,a]daclyyay[df][pb20!f]
KD
Another couple of attempts at the 200 EMA
http://stockcharts.com/def/servlet/SC.web?c=$COMPQ,uu[h,a]daolyyay[de][pb60!c200][vc60][iUb14!La12,2...
Still failed...
Me think we'll contract before more attempts will be made.
My buys are still linked to breaking the 200 day moving average
KD
Optical Networking Market stabilizing?
Here's a month-old discussion of the topic:
http://www.opticallynetworked.com/news/article.php/1593641
KD
Likely, it was more about $$$MONEY$$$...
Back in "those days", money seemed to be no object!
Even INFOSEEK/GO felt that it was all about capturing eyes!
And they could have, if they'd have...
1) Held out longer than a lousy six months.
2) Continued listening to their users.
I still cannot help but think that the only reason that GO.COM was not as successful as it could have been was simply because of the deep Disney Roots. Disney is still for the most part with their head in the sands regarding the internet, compared to the likes of AOL, and yes, even IHUB!
To me, the whole problem of internet success still remains in the fact that so many of these "high flyer" companies like Disney, and yes now, even AOL, since it is now just part of a huge media conglomerate, is that the BOD of these companies are old, stodgy, stupid, and ignorant of what the internet will truly BE 10, 20 years from now.
I don't even blame Ted Turner for being wise enough to be selling off his shares of AOL. Probably the wisest business decision he could ever make. I still THINK that there will be another Internet "BUBBLE", but likely AFTER IRAQ, and maybe even AFTER Alan Greenspan has passed away.
Waiting.
LOL!
Back at ya' dpb
Colors would help a lot to this place (why must message boards be colored like inside public toilets?) but it would take more than just color change to make this place what Infoseeks boards were...
It was the layout, AND the colors... and the Reuters ticker on the frontpage with the business headline news and so on...
-It was sleek... It was... it had a kind of subtle elegance... Somewhere, a designer must have sat down and rationalized "how do we make this place look attractive?"... It was... all of it!...
I can't put words to it... but it's something different from this place and others...
Blue and white...
Colors and decorations of a public toilet...
-Like Yahoo, RB and so on...
KD
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