Patrick, you know my feelings on personal attacks. All opinions, no matter how different are encouraged on this thread. However, as long as you mentioned Zeev, I don't think he's a fan of one poster calling another's comments "moronic" as Langostino did to Mikemargin. Just take a look at Langostino's last 20 posts for example and you will see he takes that "tone" with everyone. It's the repeat offenders who come here just to attack others that starts to bug me.

OK, you pompous "know-it-all," time to call you at your own game:

You mention in a recent post to me that "I'd probably had more than my fill of the absolutist oversimplificiations."

Well, it looks like in all your elitist glee you had a little case of "absolutist oversimplifications" yourself in the post you responded to from Train Guy about RYVYX.

To quote you "That fund's managers failed miserably to do what they claim their fund does (and yes, I am well aware what is "supposed" to do) - namely give you a double-shot of QQQ performance." Just click on the post I'm replying to to check your exact words.

Here's more from your post: "When it opened on July 17, 2000, this particular fund was at 376. On that day, the Naz was at 4,275. Today the fund is at 17 and the Naz is at 1900."

Let me help you see the errors of your ways:

1) The fund was never at 376 at the inception. On April 23, 2001, the fund had a 1:10 reverse split (probably because prior to that, it went under $5 a share) so Yahoo goes back and takes the closing price on July 17, 2001 which was around $38 per share and roughly multiplies it by 10 to get your adjusted close of 376. The reason it's not a perfect multiple of 10 is due to dividend adjustments.
2) RYVYX tracks 200% of the NDX (Nasdaq 100), not the NAZ so as long as you're being a perfectionist, get your facts straight.
3) In my recent Rydex prospectus for calendar year 2003, the Nasdaq 100 increased 49.13% and RYVYX increased 98.54% - Do you think the fund manager is doing his or her job genius?

Looks like the fund does EXACTLY what it says it does here and it's all mathematical formulas as many others tried to point out to you. There's no fund manager making deep decisions on which stocks to buy or sell for this fund.

And do I have to respond for Mikemargin or Train Guy? No. But when I see guys like you who just run at the mouth with no facts in a deliberately bitter fashion, it is my duty to expose you.

And Langostino, that's what I just did.

Endeth the lesson.

Langostino, no dictionary necessary. Your tone in almost all your statements is bitter. There are enough smart people here that don't need to be lectured by your holiness every time you have a difference of opinion.

Looking at historic P/E levels mikemargin has a very valid argument. Using words like moronic to attack him or his statement (semantics as far as I'm concerned) is combative and deteriorates what otherwise could have been a healthy discussion.

And nobody was asking about SYMC. I could pick another hundred stocks on either side of the argument to make a point that is irrelevant to the discussion just like you did.

And great value investors like Buffett probably agree more with mikemargin's comment about historically high P/Es than you do so brining up Buffett weakens your hostile argument even more.

Take a deep breath before you tear the next person's head off for voicing their opinion.

Dude, you just sound bitter. Make your points without attacking individuals. The sad thing is your intelligence is overshadowed by your animosity.

If you can't address that deficiency in your personality, take it to a different thread that likes infighting vs. intelligent debate.

While I am in the camp of bouncing somewhere around here, my only fear is EVERYONE, AND I MEAN EVERYONE KNOWS we are bouncing here or up to 50 points lower than we are right here.

Is there ANYONE who thinks we're not going to bounce hundreds of points on the NAS or DOW around here? If so, feel free to share.

What would absolutely confuse everyone is if we went straight down to 1400 - 1600 right here.

That's twice now Zeev. You will don, not done, your shiny bull horns

Zeev will don his shiny bull horns.
Zeev is donning his shiny bull horns.
Zeev has donned his shiny bull horns.
Zeev dons his shiny bull horns.

Now you have the full arsenal of donning when the time comes...

Al Qaeda publicly stated a couple of days ago that Osama is "safe in Afghanistan." I wouldn't be surprised if that means he is nowhere near Afghanistan and they are perpetuating this wild goose chase.

Hate to say Velo but just about everyone is looking for a BIG BOUNCE from here.

Hardly anyone is looking for a crash. The debate is whether we bounce right here, 1887, or 1842 and maybe there is a lone outlier suggesting 1750 but that's about it. I think we bounce as well but when everyone thinks the same thing is going to happen, it may not.

DOW GAMBIT IS MESSAGE #217513 FOR THOSE INTERESTED. (sorry don't know how to provide a link to the message).

Of the 8 stocks Zeev mentioned, only IBM is close to buying range and actually got in buying range earlier today.

TG, he added that in an edit of the original post.

Thanks, didn't see the EDIT. Will take what I can get. Looks like we're getting close to the horns but not quite there. When the horns are full on what is your daily end of day cash % target?

Thanks for the clarification on the Dow Gambit. Can you respond to the heart of the question or let me know you don't wish to respond (which is OK as well)? Thx.
-------------------------------------------------------
Zeev, what do you think your portfolio will look like at end of day?

% Cash?
% Core issues?
% Golds?
% DOW GAMBIT?
% Other?

+/- 5-10% would be great for a best guess if you can.

FED, pretty sure you are short SPY and others. What levels are you looking to cover?

Zeev, what do you think your portfolio will look like at end of day?

% Cash?
% Core issues?
% Golds?
% DOW GAMBIT?
% Other?

+/- 5-10% would be great for a best guess if you can.

Thanks.

Will you need to see Equity P/C over 1 again to call this a good bottom or what are you looking for later today in the Equity P/C?

Equity P/C back down under .5 Zeev. Think we've seen enough days of over 1 yet to get the extreme conditions you were looking for or is this just another temporary bounce before we take a hard turn down to 1842 - 1880?

A presidential assasination attempt will do that, especially since the guy was actually hit the night before the election and then won by less than 1% of the votes.

Japan down over 100 as well and futures taking a dive in US. Let's see what happens by morn.

Definitely not the first time you have mentioned the great Mouton but either way you have earned it. Try to keep one for 10 years from now if possible.

Do you have a source Canny?

OT - 86 Mouton. Zeev, you are living VERY, VERY LARGE if you're drinking 86 Moutons on a regular basis.

Wine Advocate #106 (Aug 1996) Robert Parker 100 points Drink 2011-2096
After stumbling over some wines I thought were high class Bordeaux, I nailed this wine in one of the blind tastings for this article. In most tastings where a great Bordeaux is inserted with California Cabernets, the Bordeaux comes across as drier, more austere, and not nearly as rich and concentrated (California wines are inevitably fruitier and more massive). To put it mildly, the 1986 Mouton-Rothschild held its own (and then some), in a flight that included the Caymus Special Selection, Stag's Leap Wine Cellars Cask 23, Dunn Howell Mountain, and Joseph Phelps Eisele Vineyard. Clearly the youngest looking, most opaque and concentrated wine of the group, it tastes as if it has not budged in development since I first tasted it out of barrel in March, 1987. An enormously concentrated, massive Mouton-Rothschild, comparable in quality, but not style, to the 1982, 1959, and 1945, this impeccably made wine is still in its infancy. Interestingly, when I was in Bordeaux several years ago, I had this wine served to me blind from a magnum that had been opened and decanted 48 hours previously. Even then, it still tasted like a barrel sample! I suspect the 1986 Mouton-Rothschild requires a minimum of 15-20 more years of cellaring; it has the potential to last for 50-100 years! Given the outrageously high prices being fetched by so many of the great 1982s and 1990s (and lest I forget, the 1995 Bordeaux futures), it appears this wine might still be one of the "relative bargains" in the fine wine marketplace. I wonder how many readers will be in shape to drink it when it does finally reach full maturity?

The tasting notes for this section are from two single blind tastings, one conducted in May, 1996, in California, and the other in June, 1996, in Baltimore.

Is this the LG mentioned in our Turnip Header? If so, may one ask why the alias and not using your simple LG tag?

Didn't Anthony have an insider at the SEC that he would pay handsomely for tips of companies they were investigating and then short those companies before the news was announced publicly?

I'm not sure if that's something he got into after calling all the crap companies on his own or if that's how he successfully shorted those companies.

Take a look at msg# 220329 and you will see what I am referring to. Another unnecessary attack when Fed Reserves did nothing to provoke you.

This free counseling can't go on forever.

My comment was in reference to the "other geniuses" on this board and I'm sure Fed Reserves doesn't deserve that so why don't you have that red beer courtesy of Fed Reserves today and call it a week?

Patrick, you're getting testy again and we're all watchin' ya...

Thanks Dietmar, good stuff re: MMGG.OB. Also, the Prudent Bear is the 2nd largest holder of MMGG along with tons of other metals stocks but they usually do a fair amount of due diligence.

This is the first non-gold I own and think it has potential.

Basserdan, do you know anything about MMGG? Silver / Zinc mine down in Mexico in the process of defining their reserve which looks pretty darn big - potentially the 2nd or 3rd biggest Zinc reserve in the world.

Any thoughts on a daily map after this little gap up this morning?

Thanks brainlessone, they seem to be executing pretty well out there in the consulting world (certainly better than EDS, CSC, and many of the other big consulting firms out there) so if it's a technical thing, I understand but think fundamentals may be kind of strong for ACN.

Can you tell us why ACN is a good short right now?

Alex, as I've stated before, I don't think "board cops" add any value here so it's my duty to let you know how appreciated your contributions are here.

The Black Box.

And by the way it's one of the few I have bookmarked and seems to be a good thread along with ajtj99's thread.

All 3 (including Zeev's) have some pretty smart people (IMO) and very little Yahoo type name calling and immaturity.

Alex, if you don't like this thread, get the hell out of here.

You pop in here every now and then with nothing but negativity so think of me as the "anti board cop." Guys like you don't last long here because there are enough people that don't want to put up with your crap. It's not like this is your first offense - you have a history of attacks here and I've even seen you make fun of Zeev's list on Wahz's thread on numerous occasions.

While I have seen Bearmove send you home more than once with your tail between your legs you still seem to invade my space over here with your useless cacophony of dribble.

Last year I followed Bearmove into 2 specific stocks, ORB and LU - after a quick 20+% gain in each I took my profits. Seems my only mistake was I should have held them longer.

Why pick a fight with Bearmove, jealousy? He's certainly one of the better stock pickers here and contributes great stuff on a continual basis. He's also been one of the few all over this recent decline while you have probably been clown long and are now a bit disappointed.

If somebody is full of it, feel free to call bullshit on it but try to have some specifics. TJ Parker already corrected you on Bearmove's most recent call so it seems the only one here who is bullshitting or looking for a fight is you - take it elsewhere.

And I don't care one bit about your trading style - it's your attitude that bugs me.

Board Cop in a bad mood again today?

Board Cop ventures out of his comfort zone on Wahz's thread (where he loves to bash Zeev and his "disciples") to get enough guts to come after Bearmove again only to get smashed back in his hole where he belongs.

Aren't internet message boards great Alex G? You finally get a chance to hide behind your computer and play "tough guy."

Zeev, do you have us going under 1900 this week? If so, is the bounce over or are you in aj's camp that we bounce tomorrow and weds?

Just look at those qqq's drop after the close...

You go boy!

While I was out most of the day, I knew for sure I would see a nice assortment of FR posts today.

Quite perceptive Choad, that may have been a slight fabrication to make one think how one comes across to others in an open forum.

No one picks on Fed Reserves and gets away with it on my watch

I checked with IHUB and you already have the maximum number of ignore marks allowed for one person so I'm stuck with you.

Besides someone's gotta call bull on people like you when all you like to do is pick fights.

Hope I didn't hit a nerve with the bad attitude comment - probably not relevant with your coworkers, right?

Hey, FR has his opinions but at least he is not offensive. He's pretty darn entertaining as far as I'm concerned and I very much like his contributions.