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AC=AQ=AK : Abby Cohen an AQ mole that should Ara Kiri.
(Not that I ever believed her.) But the day she sat in the WH with Clinton and team, telling us all not to worry, that was some disgrace.
She might have bankrupted a million middle class families. She definitely should retire to Pitcarin island, or even St Helen.
It beats me that whe wasn't kicked out of her job with a thousand + lawsuits flyers behind...
OT: Congratulations Train Guy on your forecast. 960mb, enough air to light up a well deserved cigar. ;^)
OT : We often have more evaporation on land than at sea : grass, trees, and sometimes even more heat. Thus, even after she hits lanfall, Lady Lili may still keep up its deadly dance before her own downdrafts cool off her own floor.
Now,I can't tell her to slow down, 'cause I have nothing worth telling (doing) her... which is not exactly true for tornadoes, for which I have a case in the "to be patented" files.
It's just that it's more fun reading you all, and waiting for the Sad-damned villains to be silenced, and for my swimming water temperature to cool off before I'll find the neccesary peace of mind to write down the so many technical,legal and arid pages needed before filing.
Train Guy, sure looks like Lady Lily waterbed still is warm enough to blow up her top.
She sure sucks, if I may...
So that you don't smasm in a last dead cat's bounce.(g)
W, you know, the guy what smokes foxes out of their holes!
Now, relax, I said foxes, not wolves...
Just wait till you hear W real time trades.
The bears have just been Sad-damned. For a while...
Substantial military activity in Gaza strip. Isreali radio.
Hearing the masses shouting "Jesus Christ", the Saudis taking their monies back and the COMP numbers where they are, this double dip looks like the Second Crusade...
Colombus, Columbus, where the f..k are you !?
And why are we "turnips" and not "wolves" ? ;^)
Find a tree, climb, and just wait for the current floods to drown them all before you take a walk in the park.
Yep. Check today is Congress Lunch tactics...
Looks like Arafat will be ousted before Saddam.
Israel TV, Now : tanks still stopped out of compound.
Just got in. Did Greenspan ask for political asilyum in Bagdad or something ?
Haaretz just reported that Tarek Aziz granted permission for inspectors to resume checks in Irak. Other networks still silent. FWIW.
Now Fow says they'll stick together for a while, under some surveillance. Shouldn't have much fun IMO.
From Haaretz, flash 20 minutes ago : Northwest airplane diverted to fort Smith's airport after three people locked themselves in plane's toilets.
Nothing on CNN, Fox, so...
Interesting and convincing.
Great chart. Thnk we can have the PEs to overlap somehow ? and more...
Quite consistent with three-zero-eight-two, the next chapter in the same era, kind of. However, a question remains :
Your projection is based on a set of assumptions, the fondamental one being companies profits, the next one its perceptions by the general US investing public.
And you assume, IMO, that the general US public will not be euphoric again in accepting high PEs like it accepts high personnal debts, both having become kind of natural, incorporated in the lifestyle, because of its inherant faith in a better future, new products, and a dollar demanding world, the American civilisation's tripod.
After reading Opus 2-33-63, I must admit that it is quite strange for me to envision a Nasdaq 2004 or more at today's value. It's like if what we all do (outside of investing) lost significance beyond the food we'd eat.
Sort of a Brave Old World.
On third reading, it is scary too... unless one likes washing machines. To invest in, that is. And even then...
So, better fishing lines than fishing bottoms ?
Very interesting, a bit surprising, rather convincing.
The PPT need not act, or even exist for that matter: it is enough we think they exist; a brotherhood between Wall street an Mecca : the Alternative Quran, or if you prefer, the Quran and Q Rant.
Hi all. Who said Turnips have no influence on the market ?
Anytime someone posts an interesting link (here Train Guy), they are saturated...
So some of "Zeev's great calls" are not "vision", they are springs. Or both, possibly.
I disagree. I call the actual PE median. Just like the corporate and private debt isn't going to melt into the air, the PE will stay sustained, and we already are, or soon will get used to that, and we'll gladly dissmiss it on expectedrevenu increase. So outside of the possible war horrors in democracies, a possibility whose shelf life is still a few month out, till years end let's say, and we start to get orders to improve the numbers in many a field, related or not to the military activity, depending on the needs.
From there we Elliot our way up. With plenty of oil (cheap) and confidence and a today's Naz doubles by next summer.
When Bush will lay his facts next week, we'll have a better chart to the events to come. It should then send the market down due to the US risk and fear perceptions, the foreigners pulling out more money, Saudis and co too, and the Euro whould flirt with 1.03$
Those will be the days I'll dive.
Great. Another week at the beach.(but I'll still read you, late, at night, when the sharks are out.)
If anyone has a more probable scenario, I am all eyes!
The Japanese may not show you the way out. The Chinese could!
How: by building agricultural jails for specialy deserving CEOs...by exporting real goodies really cheaper... by managing the Iraki oil (soon enough) on a first come first served basis... by digging in pristine northern Alaska... by remembering what America is about. etc.
Nothing new. You've done all that before. Rather successfully IMO.
Only one reason : soon enough the shrts'll be more scared than the longs, as this can't last forever and we are already in the extra time. But your three NOs still apply to perfection.
But a to the moon shot is not in the charts.
What I see for the next two quarters, (OTE, Outside Terror, Earthquakes) is a sinusoide, like the weather patterns in the roaring forties southern oceans, with some nonstandart waves appearing by fear, greed, rate cuts, PPT, SEC etc.
Quite playable for swingers and day rockers.
I'll join in the coming days, and till then, I keep reading you all...
Then one reason to buy stands out: short.
Disc : I am cash.
So the market had lunch, then coffee, then a cigar and brandy and now it's siesta time.
I am going out!
The winds have been blowing from the North
And coco nuts are still falling from the skies
The earth is trembling too
So you'd better be swimming
But there are sharks out there
With their own lunch tactics
While we are praying for the Wave
That will save us all
A tsunami shall it be ?
I agree with your analysis on OBL miss, but only to the extend that he organised his people like the Europeans did a thousand years ago when embarking upon the crusades : do it yourself once there.
That's because he didn't know any better, couldn't hire foreigners as executives, buy and ship WMD to the US for follow up actions etc.
A hit and hide strategy, and let his god take care of business afterwards : while he'll only provide prayers.
By now the US authorities know his network quite well, and his surviving troops were sent back to the stone age.
So they are not a risk to the world economy any more.
Unless they get help from outside. From Saddam. But even then, the organisational value for out of Irak actions will be limited to few actions however deadly, actions whose purose will be to scare the world, (not to win) before Soddom befalls upon Babylon.
Time will not be on their side, nor initiative. And they don't have much time left, as I do not see how the hostilities between US and Irak could be postponed into the winter, whoever starts first.
Afterwards, the terrorist risk will tend to go to zero efficiency, the Iraki oil will be under US control, and the Saudis policymakers will sound like a choir of eunuchs.
It seems to me that Putin had made that analysis before, as he is into securing the forty billion $ contract with the Irakis with something like : "at least that as much as Russia can get before loosing this customer for good."
So all this is rather bullish, and I sure won't buy oil futures or gold on the day America starts moving.
Legs it has. But brains ?
And what will happen to us all when things will heat up with Saddomi? Think of all those patents he holds on solid state nuclei, high energies and all...
LOL. That should explain for the low Nas volume these days.
Hi LG, could you elaborate more on this conditioning on the downslope ?
Well, Softie, if I remember, everybody wanted better PEs, even Allan Redspan.
These are the days to clean the house.
The market is follwing the developments of the news with logic and cold blood. A retreat, but orderly. Had we had no news on JPM and C, and the market would have rallied.
Listen to what will happen tonight and premarket, if any, weight the significances, and you'll see tomorrows trend.
If nothing negative happens, we should get a good correction.
These last days were not for TA.
No capitulation. An orderly retreat beyond second lines of defence.
The Shorts need no pillow tonight.