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Re:<Was it diplomacy that got us into Iraq war? No, it was an administration bent on invading that country from the beginning of their administration. The policies of this administration are the antithesis of what I'm proposing.>
There was an awful lot of diplomacy. For many years. There was mismanagement from any number of administrations let alone differing countries. Your disdain for this administration and desire to place blame clouds your judgement.
<I think it's foolish to think we can make the world do what we think they should. The only way to make real change happen is through knowledge and understanding. We need to emphasize those things that do that such as diplomacy, economic incentives, humanitarian aid, education, exchange students, etc. If they believe it's the right thing to do, then real change will happen. >
And yet, nearly 60 years of such policies have netted us this...
Perhaps only to those who are ignorant of the fact that we were already at war.
Re:<the world should not tolerant(sic) any of it, but pre-emptive war that hurts the very one's you are supposedly trying to save, is not the answer.>
Folks say that, but seldom have the answer for what the world should do...nor could they know how to make the world do what it should.
Re: < We need more Ghandi's and Martin Luther Kings.
>
They were two very fine men. Unfortunately the world is no more ready to respond in kind to their altruism today than it was when they died violent deaths.
Should the world have "tolerated" Saddam's plundering?
Re:To:
I usually have run for th hills not on breaches but on either failed advances or a week or two before tops, if a "run for the hill will be issued, it will be on the reaction to this move.
Any chance of a run for the hills today, tonight???
Re: It will depend a lot on the color of the bounce from 1940 or so.
What if it's blue????
Zeev, when you blew out of the gold stocks I didn't notice NEM listed.... Were you already out of NEM or are you holding on to that one?
Re:Does not look too good here...
So are you contemplating a run for the hills????
Thanks, steering clear of HAUP at this juncture...
Does NEM look like a DCB or IYO has the correction about run its course?
I notice HAUP is slipping badly....Is that one broken?
Zeev, early April ran up to 2075 in leg 2 of the first move and backed up to 1975. Do you not expect it to exceed that by more than 13-16 and then essentially retrace every point we just ran up for the last week or two...?
Zeev, picked up NEM @ 41.50...for a swing trade.... You think a bucker is in the cards by manana?
Zeev, what is going to cause the US slow down? Sharply higher interest rates? Low employment? Weak dollar?
By golly then the options guys did have it right.....<vbg>
Doggoned if those option buyers didn't get it right this time....<g>
Re:<Tough to end such a move with the equity P/C ratio hovering around .5....>
Gosh those equity options guys are getting smart....
Or, not?
Zeev, according to my screen we got a GNT today(-1008), though I admit I didn't see it....
What do you figure ends this correction? ...With a whimper or a bang?
Re:<ot, Cut the unmbilical cord asap!<G>
>
:o) Already did that....but, can't get the tar off the baby... :o(
Re:<No longer a problem...(child support), all four kids finished college, no more "support" there (g)....>
You are indeed fortunate there.... I have a 28 year old daughter who still remembers my phone number when low on funds....:o(
Zeev, too many lines in the sand. The market will correct when it is darn good and ready. Jawboning ain't gonna work for ya any more than it did for AG.... <g>
Yes,NVEC. I took a double bucker and walked away. Too soon but happy anyway.
We seem to be getting some base building....Have you jumped in yet?
NVEC seems to have regained its volatility.... Wow...:o!
Yeah...or not.
Yeah, this capitalism stuff sucks...
So you're bucking Zeev are ya? Well, you could be right. However, this wouldn't be a bad place to take some of the optimism out of the little guy. We could use a fairly sharp, albeit short correction to build the staying power for a run to 2300. By the first week in Feb we might still be knocking on the door of 2300 after loading up a few bears the next two/three weeks....
Well, we gapped and lapped yesterday...perhaps the crap begins today.
The turning point for the seventh....Would that be a turn up or down, in your esteemed estimation...?<g>
Re:I am not concerned about the amount,I just hope it is not manure generated,bovine that is.
What, are you worried about mad Dow disease? <g>
I think the turnips have had too much fertilizer...;o)
Re:<Could b, on the other hand, it refuses to take out 1955 decisively as well.>
Zeev, my guess, for what it's worth is that the refusal to correct in an overbought market is more telling. We appearto be consolidating at a higher level than you expected.
Projections for corrections keep the drop from becoming a reality...so to speak.
Zeev, this has been a very powerful bull move...Probably not a great idea to be predicting corrections...
Re:<It is always a possibility that we turn back and take 1955 on a closing basis. I am betting against it, the market had its chance with Saddam yesterday...>
I like my chances of a breakout upside even better today...
:o)
If it breaks the recent support around 1888. However, if NAZ holds today's low then looks to me like we might have a shot at two thrusts upward including a go at 2000 the next few days...
We'll see.
So Zeev, with the lower fork having the upper hand (metaphorically speaking of course), what course would feed our conviction of a correction to 1840? In other words, by when must the market close above 1955 to suggest "handing" the reigns back to the upper fork? Or, have we inexorably begun meandering down the southern fork in the road?
Interesting. Abby's "bearish" comments...the S&P only up another 8% from here....
Re:<It means a minor reversal could occur 12/10, not the December low which I still expect will be in the 1842/50 range.
Caveat that with give or take one day....
Always tough to pinpoint the corrections in a bull market...
:o( .....Keep trying.