The BUSH2004 Board

[tommer]

Short rimm buy puts easy pezzee $$$s
way overbought...
tommer

[BUSH2004]

RHAT - long @ $12.80...

just missed the call options earlier. still looking at them.

[Trisha]

3Saints - it is a volunteer Army. And freedom is not free. Be angry, but not about that. Remember, we haven't started a fight in decades. Really the only thing ya can do is pray.
My husband is a Police Officer by choice, he knows the bad guys will always be there, and for him to come home to me everyday (like our son came home from Iraq) he has to never forget that the bad guy will never think twice about hurting him.
Just pray - Trisha

[3Saints]

Trisha..perhaps this is more to the point

"I am angry that so many of the sons of the powerful and well-placed... managed to wangle slots in Reserve and National Guard units... Of the many tragedies of Vietnam, this raw class discrimination strikes me as the most damaging to the ideal that all Americans are created equal and owe equal allegiance to their country."

- Colin Powell's autobiography,
My American Journey, p. 148

[Trisha]

Really, interested to know what in the fable is great? Looked like more of MM 911 to me. But it really is easier to deal with people more 'like us' in the White House. Makes us feel more superior??? Just for your information, my son was in Iraq, his unit found WMD's, not warehouses full mind you but YOU DON'T NEED A WAREHOUSE FULL to KILL MILLIONS OF PEOPLE! I forgot we gave them the weapons, yeh, I have weapons also I just respect life. Did Sadam? Did the ones who flew into the towers?
Where are the war protestors now, don't see them in the steets of Irag asking them to stop killing our boys.
Really interested in more of your Great articles.
Proud Army Mom - Trisha

[3Saints]

Great Bush article

http://www.truthout.org/docs_04/081204A.shtml

[BUSH2004]

QQQ - In Sept 35 PUTS @ 1.65

[shaolin]

BUSH2004: I just wanted to let you know that I didn't know that your board was here when I started another BUSH board. Didn't mean to crowd you. I'll be checking in as often as possible. ~ shao

[Trisha]

gageblackwood, as just checking the board thank you for the response. Again I also wait for the reply.
Have a great weekend!
Trisha

[gageblackwood]

ECONOMY - Neither Clinton nor Bush created any jobs, the economy did. Should you wish to argue that Presidents and Congress DO create jobs as a result of providing "stimulus" via legislation, what exactly are the "stimulants" that were put in place by Clinton (without Congress's help) that created 3.5 million jobs AND, to further subdivide this category, WHICH of the "economic stimulus" policies were put in place prior to 1994 which is when Republicans took control of both houses of Congress.

Furthermore, please don't forget to include in your analysis the predictions from the Clinton White House as to what were expected in terms of deficit growth as a percent of GDP PRIOR TO 1994, or to reiterate, when the Republicans took control of both houses of Congress.

Compare this to the Bush years, which, arguably included his inheriting an economy that was clearly downturning if not already in a recession AND unarguably included the economic upheaval of the most significant attack on U.S. soil since Pearl Harbor which, in itself, probably cost the economy upwards of 1 million jobs.

Compare and contrast the steps that Bush took vs. Clinton (pre-1994) to stimulate the economy by putting more money in the pocket of ALL Americans while still maintaining a punitive 35% tax rate on Americans in the highest tax bracket, which, incidently, was increased from 28% buy Bush Senior. Don't forget to include in your analysis the increase in taxes on the Middle Class during the Clinton years, i.e., Social Security recepients making MUCH less than $100,000, and the increase in taxes on ALL brackets of tax payers. Explain in detail how the increase in taxes to the Middle Class "stimulated" the economy. Compare and contrast this to the Bush reductions in ALL tax brackets that benefited even the lowest wage earners.

In your post-1994 analysis, please review the policies that Clinton was forced to sign, for example, the overhaul of the Welfare system and how these policies may have contributed to reducing the U.S. debt load as percent of GDP.

I will only except papers that provide facts rather than ideologic rhetoric.

BONUS QUESTION: How does increasing the taxes on small business owners, which employ the majority of U.S. workers, stimulate the economy AND keep unemployment at today's low levels (lower than at any time during the Clinton years).

[luckyluciano77]

If you want to stimulate the economy, you give tax cuts to the middle-class not the rich. The middle- class are the ones who spent the capital with extra income. They buy buy buy. Hence;Supply/Demand Theory. The more capital companies have, the more they invest and create new jobs. Its a chain reaction. The rich simply obtain the extra income and save it.

[mfrutie]

Interesting way of spinning it. Bush created 400k jobs in his first 32 months in office while clinton created 3.5 milion and clinton didn't divert billions of dollars away from the government so that his friends could become more wealthy! Think about it for six minutes.

[Trisha]

actually not, it was a farm market jobs indicator. plus who hires in July??? December #'s the same. But the press really is trying to have a field day with this.
? - What would be your 1st thought when you were told a plane went in the tower? I have mine, just interested in the latest showing of intellect out there. take 6 minutes to think about it.
Trisha

[tommer]

BUSH~

I am waiting till I hope it is the bottom to load up on TASR too.....
Better trades to you~
tomme

[tommer]

BUSH~
I took a different tactic on CECO and bought all the way down so my average is right at $1.20
I am pretty sure we will see 30s next week let see....
actually bought some @.65
Could have gotten out today for even but I am waiting for profits....I think there might be some news coming or a surge in the stock itself...We have similar strats...
GOOD LUCK
tommer

[luckyluciano77]

bads jobs numbers, hmmmm

[3Saints]

Thumbs up...for honesty...eom

[BUSH2004]

QQQ,TASR,YHOO,CECO - HAVE EXITED ALL AUGUST CALLS...

Taking lumps on every single one, probably 50% haircuts on all

Do I think the underlying stock prices will rise more before before options expiration? YES! Do I think they will rise enough to cover the current stike price + current option price? NO, probably not. Would rather exit with what is remaining than the chance for nothing in 2 weeks.

Market sucks, its that simple.

[gageblackwood]

Also taking 20 contracts here @ 1.10.

[BUSH2004]

QQQ -In SEPT 34 CALLS @ 1.10...

going out extra month here.

[BUSH2004]

QQQ - ugly, just lost $34 level. YHOO LOD.

[BUSH2004]

YHOO -In SEPT 27.5 CALLS @ 1.90

buying some SEPT's now.

[BUSH2004]

YHOO -adding to position Aug 27.5 CALLS @ 1.20

Ave cost now 1.28

[BUSH2004]

YHOO -back in (again) Aug 27.5 CALLS @ 1.35

[BUSH2004]

TASR -back in (again) Aug 30 CALLS @1.35

[BUSH2004]

YHOO -Back in Aug 27.5 CALLS@1.40///Out +7.5%@1.50 for scalp.

Market looks like it might go red, taking advantage of morning pop.

[BUSH2004]

TASR -Back in Aug 30 calls@1.30///Out +15%@1.50 for scalp.

Market looks like it might go red, taking advantage of morning pop.

[waterwisp]

that Quincy Carter news is unfreakingbelievable !

Just last night Parcells was saying "Quincy has a leg up" on the starting job !

And that it is reported to be drug related...I'm freaking schocked !



waterwisp :8^)

[BUSH2004]

Market SHOULD rally tomorrow on SHOCKING Q news out of Dallas...

Unconfirmed reports out of Dallas are that he tested positive for cocaine.
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Cowboys cut QB Carter
Posted: Wednesday August 4, 2004 1:01PM; Updated: Wednesday August 4, 2004 3:06PM

Quincy Carter started all 16 games for the Cowboys last season.

OXNARD, Calif. (AP) -- Quincy Carter was cut by the Dallas Cowboys on Wednesday, leaving 40-year-old Vinny Testaverde as the starting quarterback.

The team wouldn't say why it released Carter.

"We made a decision to move in a different direction," owner Jerry Jones said. "This on my part was not a difficult decision at all, though it is very disappointing, very disappointing."

The third-year player, who started all 16 games last season, came to camp expecting to be the team's No. 1 QB.

"I'm saddened by this turn of events, I really am," coach Bill Parcells said. "I just couldn't keep him in the plans."

Carter's agent, Eugene Parker, did not immediately return calls seeking comment.

The backup quarterback now will be Drew Henson, who played at Michigan and was out of football for three years while in minor league baseball. He is considered a top prospect, but his long absence from the football field and total lack of NFL experience make him a huge risk as a starter. The third quarterback in camp is unproven second-year player Tony Romo.

Testaverde started for the New York Jets last season after Chad Pennington was hurt.

"He knows why he is here and what his job is, but right now that's the most experienced player (here) and I'm confident in that player," Parcells said. "I've got a good veteran quarterback here who's going to lead this team. And I've got two young guys I'm going to develop."

Parcells spoke to his team about Carter's departure after Wednesday's practice, but players declined to comment on that meeting.

"I think I probably speak for all the guys -- how disappointed we are that Quincy is no longer going to be part of this team," Testaverde said. "But at the same time we know we have to look forward to getting things down and go out and win games."

Testaverde said Carter stopped by camp Wednesday morning and told him and several other players goodbye. Testaverde said he didn't know why Carter was cut and didn't want to speculate.

"We're shocked, just like everybody else," safety Roy Williams said. "We're mind-boggled like everyone else is."

The Cowboys drafted Carter in the second round out of Georgia in 2001. He was picked as the starter to replace Troy Aikman during his first training camp, but he struggled and only started the first eight games. He went 3-5, completing 90 of 176 passes for 1,072 yards, five touchdowns and seven interceptions.

The next season, he was the starter out of camp again, leading Dallas to a 3-4 record before losing the job to Chad Hutchinson. Hutchinson was cut this year.

Last season, the Cowboys went 10-6 with Carter starting and returned to the playoffs in Parcells' first year in Dallas. Carter threw for 3,302 yards, but had 21 interceptions and 17 touchdowns. He was intercepted at least twice in a game six times.

Carter "did some really fine things over the past few years," Jones said.

Dallas opens the regular season at the Minnesota Vikings on Sept. 12.

[BUSH2004]

CECO -bought Sep 30 PUTS @3.40 for insurance purposes only...

Bought earlier because I didnt like the action in the underlying stock. Stock has been up for 2 consecutive days pre-mkt, only to give it all back and close in the red during the trading day. Unfortunately, we cant bail on option plays pre-mkt or AH.

These puts will protect me if we get a further tank. If we do tank, I hope its a big one so that I will come out ahead overall. Still heavier on the call side than I am on the put side by about 2-1 overall, but 1-1 for Sept expiration.

[BUSH2004]

OVTI -I wonder how many recommendations they need... before they finally go up.

This stock continues to get plugged and recommended on a weekly basis, with yet another one today (see below). I would strongly recommend Sep,Oct (etc) $10 calls for everyone. Should be a big winner... eventually. I dont think ALL the analyst would be lying to us. Then again....

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Zacks.com Announces That Richard Moroney Highlights the Following Stocks: Electronics Boutique, Finish Line, OmniVision Technologies, O'Reilly Automotive, and Quiksilver
Business Wire - August 04, 2004 06:00

CHICAGO, Aug 4, 2004 (BUSINESS WIRE) -- Richard Moroney likes companies that consistently increase sales and profit margins. Find out how to identify profitability trends through this expert's analysis, and then learn about a couple of stocks that have passed the test. Read about Electronics Boutique (NASDAQ:ELBO), Finish Line (NASDAQ:FINL), OmniVision Technologies, Inc. (NASDAQ:OVTI), O'Reilly Automotive, Inc. (NASDAQ:ORLY), and Quiksilver, Inc. (NYSE:ZQK). Richard Moroney is editor of the Upside newsletter. Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=84

Here are the highlights from the Featured Expert column:

Wringing Profits from Sales

Upside is always looking for companies able to increase sales and profit margins dependably. Such companies tend to score well in Richard Moroney's Quadrix(R) stock-rating system. Moreover, margin analysis is a good way to compare companies in the same industry: Improving margins can indicate a competitive advantage.

Listed below are two quality stocks with improving profitability. Based on rolling 12-month profit margins, the have notched year-over-year increases in gross, operating, and net profit margins in at least six of the last eight quarters.

Electronics Boutique (NASDAQ:ELBO), a leading retailer of video and computer games, is expected to grow per-share earnings 17% in fiscal 2005 ending January. The game market is expanding as console prices drop and new titles attract a wider audience. Also, Electronics Boutique stands to benefit from growing demand for used games. In the 12 months ended April, gross profit margin hit 26.8% -- well above the three-year average of 25%.

Finish Line's (NASDAQ:FINL) gross profit margin reached 32.4% in the 12 months ended May-- the highest since the 12 months ended May 1998. The company sells athletic footwear, apparel, and accessories through more than 550 stores in 46 states. Apparel generally carries higher gross margins than footwear, and Finish Line devotes a greater percentage of its sales area to clothes than do typical footwear stores. Strong profit gains are likely to drive the stock higher over the next six months. For fiscal 2005 ending February, per-share profits are expected to climb 26% to $2.43.

Other Stocks on the Upside Buy List include:

OmniVision Technologies, Inc. (NASDAQ:OVTI) designs, develops and markets high performance, high quality and cost efficient semiconductor imaging devices for computing, communications and consumer electronics applications.

O'Reilly Automotive, Inc. (NASDAQ:ORLY) is a specialty retailer and supplier of automotive aftermarket parts, tools, supplies, equipment and accessories to both do-it-yourself customers and professional mechanics or service technicians.

Quiksilver, Inc. (NYSE:ZQK) designs, arranges for the manufacture of, and distributes casual sportswear, beachwear and snowboardwear primarily for young men and boys under various labels.

Read all of Richard Moroney's commentaries, and make sure to learn about four more consistent profit-margin growers, by clicking: http://at.zacks.com/?id=85

[BUSH2004]

TASR -Back in Aug 30 calls @ 1.30...

20 contracts

[BUSH2004]

YHOO -Back in Aug 27.5 CALLS @ 1.40...

In for 20 contracts

Just noticed today that last week I said I was in Jul 27.5 calls @ 1.90 and out @ 3.30. Those were actually Aug calls. It was already past the 3rd friday in July when I bought, thus making it impossible to have bought the July's.

The Sheriff must of been drinking that day.

[BUSH2004]

QQQ -In Aug 34 CALLS @ $1.00...

we shall see. In for 20 contracts.

[BUSH2004]

CECO -buying more calls, Sept and Aug...

Aug 30 calls - trying to get more at yesterdays buy price: $1.55. Partial fill so far.

Sept 30 calls - In @ 2.70

[BUSH2004]

RIGL -just shorted @ $19///Covered +2% $18.59...

Believe it will go further down, quite easily.
Freeing up some cash here for other plays.

[BUSH2004]

ECGI -back in LARGE at .49...

Looking for some scalping plays now. Should have a good .03-.04 daily range for atleast a few days now. IMO.

[BUSH2004]

RIGL -also releases earnings, Loss widens, but beats street...

Will be fun to watch what the stock does today, was down a few cents prem-mkt. These companies that beat by a few cents but yet, still post a loss, are not the ones to fear. Remember, companies typically need to have blow-out Q's with great forward projections to get a pop after earnings release. Of corse, this is a medical company, so you can pretty much throw all that out the window, losses abound until they get thier wonder drugs. Speaking of wonder drug, their positive phase II announcement yesterday on that hay fever treatment is expected not to bring profits until 2007... and thats if it passes through all the remaining FDA hoops. I like my chances selling into the big pop yesterday. Oh boy am I rambling.

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DJ Rigel Pharma Posts Wider 2Q Loss, Per-Shr Tops Views


SOUTH SAN FRANCISCO, Calif. (Dow Jones)--Rigel Pharmaceuticals Inc. (RIGL) posted a wider second-quarter loss but its loss-per-share was narrower than Wall Street estimates.

The drug developer posted a loss of $12.3 million, compared with a loss of $10.5 million a year ago. However, the loss-per-share narrowed to 68 cents from $1.90 a share because of an increase in weighted average shares outstanding in the latest quarter due to the issuance of new shares in two financings.

Analysts, as polled by Thomson First Call, on average, expected Rigel to post a loss of 74 cents a share.

In a press release Tuesday, Rigel said second-quarter revenue declined to $1.5 million from $2.3 million reflecting lower revenue from collaborations and the completion of the company's collaboration with Johnson & Johnson (JNJ).

The company's second-quarter earnings follows Monday's announcement that its hay fever treatment showed effectiveness in a Phase II trial. Rigel reported that a trial of 319 patients using R112 had led to a rapid improvement in symptoms.

The company's shares closed at $18.79, up $5.14, or 38%, on heavy volume on Nasdaq.

Rigel said R112 was safe for sufferers of rhinitis, or inflammation of the nasal passage, and there was no significant drug-related adverse events.

[BUSH2004]

CECO -Upgraded!!! Up +.90 pre-mkt! weeeeeee...

DJ Jefferies Raises Career Education To Buy From Underperform

[BUSH2004]

ECGI -In 48,893 shares @ .48///Out+20% @.58pre-mkt...

Earnings .01 vs .03, Revenue 11.1 Million vs 10.4

I know the street (or atleast ECGI buyers) were looking for more.

UPDATE:

Feel lucky now, shows last trade @.51

[BUSH2004]

CECO -In Aug 30 CALLS @ 1.55...

In for 20 contracts.

Tried to buy them earlier at 1.35 but ran from me and actually hit $2.05 afterwords. In here on another decent pullback.

IMO, CECO is the education stock to play today. They are all getting hammered today. (see COCO, which I think people are getting into too early). Unlike COCO and others, CECO has been slaughtered for month(s) now, but hit especially hard again last week and again today in sympathy. These other education stocks are just now feeling their oats, but CECO has has already felt the full brutality. All IMO.

Putting my money where my mouth is. Was 100% correct with put calls on CECO, now lets see what I can do with the calls.

[BUSH2004]

ECGI -Welcome back Goldman Sachs...

GSCO, on the bid @ .57. First time Ive seen them on the CURRENT bid in over 3 weeks. (Disclaimer: I worked days Tue-Fri last week, so cant confirm if they were sitting on a current bid on those dates).

However, they are also on the ask @ .58 which negates my would be excitement some what. Hmmm, might just be there to make the ask look more intimidating. Who knows. Either way, next couple of days will be interesting.

[BUSH2004]

RIGL -just shorted @ $19...

Stock up nearly 40% on phase II results? phase II, not phase III?

Too bad there are not options available on this one, or Id be buying the puts instead.

Company has conference call at 1630 Eastern Time. Would expect drop to beging then if it hasnt already before then.

I think $17.50 would be a much fairer price based on recent weakness (hit $10+ on July 15).

[BUSH2004]

YHOO -In Jul 27.5 calls @ 1.90///Out +73%@3.30...

Closed $3.60 friday and was wanting to sell but got too busy at work to call in an order. Taking my 73% here.

[SkeBallLarry]

Texas ranger

Near the town of Raymondville, in the Rio Grande valley
of Texas, a fugitive barricaded himself in a small
house and threatened to shoot anyone who came near the
place. The local Sheriff called in a Texas Ranger. In
the gun battle which followed, the fugitive was shot
and killed.

The local Justice of the Peace, acting as the coroner,
returned the verdict: "Suicide. Subject failed to co-
operate with a Texas Ranger."

[BUSH2004]

QQQ -In Aug 35 calls @.55///In more @.50///Out@.60...

Sold all these today from work. Was willing to sell at the bid in the am to insure I got out all.

The market certainly can go higher here, but I was not willing to bet on it. When I woke up this morning the futures were down slightly and I read that the market is again concerned about the oil situation in Russia. I took my cues from that and bailed.

Cementing the decision for me were a few more issues as well:

1. The market, though beaten down for 6 weeks before this one, still seems to be taking lots of time to pause and reflect upon itself. There has been very little follow through after several attempts to break out.

2. I dont expect the QQQ to trade over $35.60 at any point before options expiration this month. With a $35 strike, I took the .60. In the end, made 15% after an average cost of .52

Market will continue to climb a wall of worry, in the short term, until the Republican convention ends.

Lee

[BUSH2004]

ECGI -In 48,893 shares @ .48///KABOOM!!! ...

ECGI up 22% since another mega re-load 2 weeks ago!

WHAT A WEEK!!!
WHAT A WEEK!!!
WHAT A WEEK!!!

[berto10]

ECGI on watch

[SkeBallLarry]

I agree w/your theory .... Being right 'on-top' of every tick can makeya pull da trigger toooo-soon .... !

[BUSH2004]

Account hit 3-month high today...

What a week!

With the exception of monday, Ive been working days all week.
Sometimes I think working days causes me to miss-out or lose money. At other times I think being at work helps me make money because it keeps me from entering bad trades and keeps me from selling too soon.

This one was of the "glad Im working days" weeks. With the exception of selling my TASR calls from work the other day, not a single trade. Still holding all QQQ, YHOO, OVTI, and MOSY calls. The above options expiring in Aug, Aug, Sept, and Oct, respectively.