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Stolen from another site:
You're walking down a deserted street with your wife and two small children. Suddenly, an Islamic Terrorist with a huge knife comes around the corner, locks eyes with you, screams obscenities, praises Allah, raises the knife, and charges at you. You are carrying a Glock cal 40, and you are an expert shot. You have mere seconds before he reaches you and your family. What do you do?
.................................................................
Liberal Democrat's Answer: Well, that's not enough information to answer the question! Does the man look poor! Or oppressed?
Have I ever done anything to him that would inspire him to attack?
Could we run away?
What does my wife think?
What about the kids?
What does the law say about this situation?
Why am I carrying a loaded gun anyway, and what kind of message does this send to society and to my children?
Does he definitely want to kill me, or would he be content just to wound me?
Should I call 9-1-1 ?
Why is this street so deserted?
We need to raise taxes, have paint and weed day and make this happier, healthier street that would discourage such behavior.
................................................................
Conservative's Answer: BANG!
..............................................................
Southerner's Answer: * BANG! BANG! BANG! BANG! BANG! BANG! BANG! BANG! BANG! Click..... (Sounds of reloading) BANG! BANG! BANG! BANG! BANG! BANG! BANG! BANG! BANG! Click
Daughter: "Nice grouping, Daddy! Were those the Winchester Silver Tips or Hollow Points?
Son: Can I shoot the next one!
Wife: You Ain't Taking That To The Taxidermist!
sammy..good buddy..lol..it will be an interesting campaign season, won't it? I look forward to it.
The race looks very close to me..and could go either way. There probably will be a lot of nail-biting on election night.
My guess is that most conservatives will shrug if McCain loses..but the liberals will have overflowing anger and angst if Obama loses.
More entertainment.
Funny, funny news item. I have always suspected that liberals must be pretty unhappy people. btw, the writer is a liberal..very liberal. Notice the difference in the "happiness" countenances of pictures of reps and dems. Sure, the pics were selected to fit their article, but still....
Gee, it's great being conservative, and living in la-la land. lol
http://www.msnbc.msn.com/id/24502967/
May be nearing time to load up for me. Lots and lots of bearish sentiment. Also, lots and lots of bullish indicators.
Good old Hill is staying the course. Say what you want, she has way more testosterone than O., Hussein...sometimes I wonder if he had help in fathering those two girls in his family.
http://news.yahoo.com/s/ap/20080507/ap_on_el_pr/campaign_rdp
Obama secures nomination. Dan's vote in NC put him over the top. It is just as well, I suppose..although I hope Hillary doesn't quit and dukes it out on the convention floor. I would like to see a nasty fight in Denver....and that's just what the dems don't want.
Steve..interesting that you should say you are more comfortable in a bear suit. I notice that seems to be true with a majority of those who frequent this board.
Nothing wrong with that..there's money to be made on both sides.
I have made an effort to try to be neutral in the macro sense..and work on using "bull" rules in bullish times, and "bear" rules in those times. One never gets the exact time of change right, but it's not hard to look back to mid-March, and see that since then, things have been different.. Right? Just don't let the herd hurt you...or the bear den either, when the correction comes again. Regards.
stevefw..you give me more credit for forecasting than is due. I am a long-term investor compared to most of the people on this site....in other words..I am day to day, but also willing to hold a day or two that goes against me if I believe the direction of the trend.
You know that in bear market that rallies are sold..and that sellers elbow each other to dump stocks. In bull times drops are shallow, and sellers are scarce. That was the situation when I posted..I didn't know it was immediately going to jump, but I did expect the day to end higher.
The period from Dec through March fit the bear description..Since April 1, a bullish phase has been in place. This change could be seen in many of the breadth indicators commonly available on charting services.
There are many good posters on the public sites..I will link you to one who seems to have a realistic outlook on the market..he can be both a bull and bear. He has commentary under the first 3-4 charts. gl/gt
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID1926808
fwiw..I think we are on the verge of starting another leg up...this baby has a ways to go yet before we get a meaningful correction, imo.
Also..maybe the earth itself is responsible for climate changes??? Who woulda thunk it? http://www.foxnews.com/story/0,2933,354267,00.html
0.7 degree of cooling..assume that was measured over a year. If we were using the junk science that Algae subscribes to, you would immediately project that linerally over 100 years and start screaming that our grand children will perish from a horrendous ice age, because after all, their world will be 70 degrees colder, on average....uh yup, sure it will. But somehow man will still be to blame for the cold..and America to blame the most.
The Blame America First crowd. What a hoot they are. I am beginning to think they are best enjoyed as humor..sort of a Saturday Night Live of junk science.
Hi Sammy...I've just gotten started..but yes, I hope to benefit there. The signal is good....now if I don't negate it by my own indicators on a couple other accounts (grin).
Do you trade only mvp? When you place an order for ndo, do you use market or limit price?..or is there a way to place an order to be filled at the opening price, or if exiting, at the closing price? Thanks.
****Can global warming’s vested interests close the deal on greenhouse gas regulation before the public wises up to their scam?********
There are interests who are profiting and hope to profit more largely on the global warming pusedo-science??
Oh, please, no...in the name of Al Gore, this must be a right-wing conspiracy to impugn the pristine integrity of all those whose only interest is to save the planet.
http://www.foxnews.com/story/0,2933,353844,00.html
Too dang much strength for me to hold short over the weekend. This mama wants to run, imo. I reversed my shorts to long...maybe I will regret it on Monday. I agree that if this was still acting like a bear market, it should go down. It seems to me that for the time being, it's acting bullish. gl/gt to all.
OT..Talk about multi-million dollar body, and a 10 cent head...how can a young man who only had to stay within the bounds of the conventions and laws of society, be such a knucklehead? Some NFL team may still take a chance on him because of his immense physical talent.......but his antics will cost him millions at the least.
http://nbcsports.msnbc.com/id/23945084/
farooq....thanks for your reply. I tried to clearly differentiate between Muslims and those terrorists who use their religion as a cloak..(when I referenced Al Qaeda and their ilk..meaning similar). I know there are many loyal American Muslims. I am happy that you have a love for America. My parents were immigrants from Eastern Europe..and more faithful and loyal Americans could not be found. Regards.
Today looked to be one of those fast elevator rides down..and while it may still happen by the close, the buying strength should not be discounted.
I read into the action thus far, that the rally began in mid-March, still has legs. I am short those accounts that I trade on TA for today..but beginning to think that it may be time to evaluate OB/OS conditions as though we were in a bull market.
Bob...do you think there was someone on the grassy knoll with a gun??..or, that the astronauts weren't on the moon, but on a set in L.A.?? Strange thinking, perhaps..but there are people who believe those and other bizarre conspiracies.
yeah, good point on the Anthrax episode. It sounded as though it may have been from an internal source, and of course there are those inside America who hate America and Americans (or some segment of Americans).
It's too obvious from some of the latest hate speeches, isn't it?
Your point is good..the next major attack may be launched from within. Dang, it's a dangerous time...but, I guess for most of mankind, it always has been except for brief, peaceful, periods.
Regarding Al Qaeda, and all of their ilk. They hate America, and Americans..hatred is the strongest emotion man is capable of..(sad, isn't it)?
In the same realm as not being able to prove a negative..there is no credit given the Bush administration for the absence of any attacks on American soil since the horrific 9/11 attack.
To those who hate our involvement in the middle east wars...we all hate war..we hate war with a passionate hate.
Still, we must do all we can to protect the homeland. I believe it is logical to fight those battles, and weaken those enemies, in their own breeding grounds, rather than wait for another strike from those who hate us.
Fox...your reference to Kennedys speech in W. Berlin has a humorous twist..but the Germans understood what he was trying to say, and responded appropriately. Over generations a doughnut was referred to as a Berliner..I think because of its place of origin.
What Kennedy said was "I am a doughnut". grin
ahhyup..I agree totally. I just reversed my 2X long positions of today in NDX and SPX into the inverse 2X issues.
Rydex only allows twice a day trading...but any more than that, and I would probably just second-guess myself to death.
Two-timer..you mention a top may be close. Are you thinking a major top..or just a short-term retrenchment for a day or two?
Things look pretty bullish to me in a more macro view, but I will probably be short for tomorrow. I believe the market view is that the worst of the financial hits have been weathered, and that there are bargains about. I will get more cautious at about SPX 1480.
I pay for a timing sub that I use on one account at IB. That is invested in MVV (S&P 400) right now. I play the NDX, RUT, and S&P 500 in a couple of accounts at Rydex. I have understood that many here do trade the Q's..and trade them intraday. Best of luck with your trades. Regards.
Yes, tomorrow will probably be a consolidation day.....but, wow, the NDX is smoking. I don't see much love for the P&F charts here, but yesterday the NDX had it's third triple top breakout in less than a month. The follow on today is just gravy.
I'm genuinely sorry for those short the NDX today....I've been there too.
The strength in the NAS is healthy for the overall trend. I have a target of 1480 on the SPX before a pullback, and had considered that it would probably fail...yesterday and today make it more likely that the rally continues.
Tomorrow will probably be a good time to be positioned on the short side. gl/gt to all.
I usually hold for longer periods than a couple hours..but I'm going to take my profits back to cash. Sometimes things do work out.
Anyone notice that the VXO has (a) reset within the 20% deviation from the 50ma, and (b) is contrary to the spx today, i.e., moving in the same direction??
Perhaps it's the lull before the storm..perhaps it's signaling a downward slide is coming.
I'm totally in cash, but thinking of taking a short position on a little thinking we will finish lower.
http://stockcharts.com/h-sc/ui?s=$VXO&p=D&yr=0&mn=3&dy=0&id=p75123749541&listNum=1&a=131637452
Maybe that explains the expected strength in apple and the q's of late...regards.
blasher..lol..yeah, I know. It reminded me of the Sicilian Mafias "Black Hand"..then I thought about the remote possibility that Gleno is the Don of the Oregon mafia..Gleno as the Godfather...naaaahh. He might kill someone with an errant golf drive, but otherwise I think he is harmless to others.
The blacks are going to "rain on McCain"..as in rain votes for Mac in November, if Obama is denied the nomination. That, according to a black leader on a news channel last night.
I don't expect someone as full of himself as Wright can remain silent. Surely, he must be seething..and the next salvo may be even more offensive. Very interesting campaign.
As for who votes for "these liberal guys".....we can't understand it, I guess. Just as we can't understand the lifestyle (read, gay) and the politics of the majority in S.F.
It takes a different mentality.
And no, I'm not equating homosexuality and liberalness, as in all liberals must be gay........interesting that the reverse is almost always true, though...all gays are liberal.
Gleno is "the Hand"???????? (grin)....Gleno es el hombre grande....or something like that.
FQ...nice post. You know, there are those who are sure that we are racists. There are two things that deserve a comment.
1. The most racist of people (barring the nuts of the Klan and their ilk) are black people. The airing of the "black church" liberation rhetoric has been a revelation to me. Can you imagine the uproar if a white candidates pastor or church advocated the similar hatred against blacks? Both extremes are reprehensible to me. I repudiate both...(btw, a word the Barack wouldn't use regarding his pastor.)
2. I would happily endorse, contribute to, and vote for, a black, yelow, or brown candidate who shares my values. I would happily support any black like Alan Keyes, or Condi Rice or others. The problem I have with Obama is not his color, but his politics. I could never support a radical liberal like George McGovern, and Barack is about as far left as George. Regards.
Ain't it a shame that the dems are quarreling? It's the most entertaining political season I can ever remember...well, the dem convention in Chicago in '68 was close..but I don't wish that sort of public violence on the good city of Denver.
Sometimes the dems remind me of the old Will Rogers statement that he didn't belong to any organized party......he was a democrat.
http://www.msnbc.msn.com/id/24320557/
Commentary on probable Fed action:
http://www.msnbc.msn.com/id/24317985/
Renko charts are new to me. The price chart looks like another representation of a P&F chart..since the bar or box sizes are the same. If that's the principle, it adds a time dimension to the chart which is only indirectly visible on a P&F chart.
jmo...if the Clintons wrestle the nomination away from Obama at this point, it will result in such a fracture of the dem party that it is likely to be a watershed event. I would expect that the American two-party system might splinter into multiple parties with special interests. We are pretty unique among democracies in not having splinter parties who win some measure of representation through the parlimentary system.
I think Sen Clyburn (black Senator from S.C) has it right when he suggests that the Clintons now want to defeat Obama in the November election, so that Hillary can run again in 2012.
She would be too old in 2016, so they will go hard for it this year by whatever means, but they want the way open for another try in 2012.
hi be...I guess I should apologize for mixing subjects. The chart I posted was only to show the relative strength periods of the RUT and NDX. The point would be that when the small cap index gets hot, it smokes...or when cold, it falls fast.
My comment on trading the RUT both ways only pertained to using it to go long or short instead of the Q's when the slope of the relative strength indicates it is stronger than, or weaker than, the NDX. A week ago or so, when an upcoming down day was apparent, I commented that traders might consider using the TWM to short the RUT rather than shorting the Q's...IWM is the leveraged long version of the RUT.
Hope that makes sense. regards.
Dem win in November is all but assured??? I wonder if Michelle will be proud of her country when she is living in the White House?....oh heck, now I'm so sensitized by the whole race thing that I wonder if the words White House are going to be made a racial issue.
The serious question is where are the investment opportunities in a Dem administration and Congress? A buy and hold in the right sectors could be profitable.
Link to the story:http://elections.foxnews.com/2008/04/26/electoral-map-favors-democrats-in-november/
Just a further thought on the RUT..Since it tends to be a big mover, it's fun to play both ways with a small amount. Small amount, unless you are a big risk-taker.
http://stockcharts.com/h-sc/ui?s=$RUT:$NDX&p=D&yr=3&mn=6&dy=0&id=p28083644931&listNum=1&a=137446855
FQ...thanks for posting the MP Trader chart. I'm watching the RUT:NDX ratio for a reversal to small cap strength. When the RUT is hot, it's hot........regards.
be......fwiw, if next week were not OE, it would be easier, wouldn't it?. I note that the SPX closed about one point higher than the early Feb rebound rally. That could mean that a double bottom has been hammered in. I think that the worst of the bank/housing impacts is behind us..if there are no more big financial shoes to drop, this rally could have considerably more legs. It's too early to declare the bear as dead, but I am going to continue to have a cautiously bullish bias for the time being. Price projections (which could fail), are to about SPX 1480. Without knowing more than I do now, I would expect some pullback around there.
I generally play the "return to mean from extremes" indicators. In that regard, there are some at extremes that look playable for a day or so. Wish I knew what the Fed was going to do........regards.
what browser are you using? I have Explorer.
Two..I'm on the free side and don't see that popup, I generally get an investment adv that pops on the right side of the screen.