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What are the odds that the guy who does the voice for Winnie the Pooh, and the guy who does the voice for Piglet die on the same day?
You still looking for 2300 approx. on the COMP for this move? tia
Zeev, nice call on the headfake above 2100- right on target.
You said earlier this could get in the 1800s even. Any clarity on that?
STill thinking this gets to 2160?
I think 2 things are helping a lot here/driving things higher: (1) Euro constitional collapse and (2) lower int. rates/poor jobs numbers..
If the low end of your range is still 'valid', then I'd think we get quite a nice correction off the top now (given its extended)
Is it the forks that made the difference? They seem to point closer to that number...
Wells- Stick around and don't take any one poster too seriously.
One lives longer that way, and we all want you to live a long(er) life!
Are you still thinking down to 1530 NDX and then up to 1560 NDX and then down? Looks like a good call so far..
Dude, he (Shiller) wrote a book (that's why he's out promoting). He wrote one on the stock market bubble in 2000, and was on TV then. C'mon...
A real estate bubble is not exactly a novel concept.
Zeev, are you expecting much up next week (after maybe a bump up Tuesday morn?). I'd think the rest of week would be a good time for a retrace of the bigger move, vs. more up..
I take it, you will be surprised- quite a bit- if we go to 1560 on Tuesday AND blow right up thru it?
Hey man, get ready for another Tom Hanks movie g
http://news.yahoo.com/s/ap/20050527/ap_on_re_as/philippines_lost_soldiers
And happy holidays to you and yours
A- maybe we already got your dip to 1330 or so, and on late today/Tues we get the rush to a peak- and then a real correction of the correct move)- followed by the month of sideway?
Man, you guys are into ASS in your family (brother urologist, and you w/jlobuttocks) :)
BTW- She probably married the world's ugliest Latin man..
I'm assuming (though) you are talking about the next couple days (staying above 1530)? (and that you still thinking a bigger move down to 1505 gap or so?)- maybe next week?
edit: I see what you mean now.
A- For the end of the wave up, is your target 1560 NDX by next Tuesday (do I read you correctly on that?). To be followed by gap filling, multi-day down corrective move-lasting most of next week?
I would like the wiggle shorting up here, except for a holiday weekend coming up. Think maybe the larger corrective down move has better chance next week (after gap up Tues?)- that somehow it holds together until then..
Yeah, I'm thinking one more 'wave' up here into your targets...kindof a '4' here.
Anyone know where Steve is?
Sounds like you are sold on a pullback here, but it should be bought big-time?
How big a % is a "contained retrenchment" Zeev?
*OT* Syl- My wife is from Venz/family too/spent time there.
Chavez was democratically elected- no doubt. He is a populist, and in a country in which 80%+ are poor- a clever populist who caters to poor can win elections.
The 2 traditional parties squandered their advantage by (1) giving lip-service to the poor's problems and (2) corruption.
This has been/will be a problem for all parties in Central/Latin America. They don't automatically have 'goodwill' anymore
In Venezuela, They got what they deserved: Their worst nightmare (a 3rd party populist candidate).
It is highly questionable how much good Chavez has really done for the poor however: He has done some sensible things (that previous administrations should have done), however even with $50-60 oil, Venezuela's economist growth has been underwhelming over the last few years- and they only way out of the 'mess' is to grow at a rapid rate- not just redistribute.
Venezuelans have moved their money en masse OUT of Venezuela, and it will only return when Chavez is gone.
Democracy + corruption....well, let's just say I think benevolent dictators is what they need (however, you never know if a dictator will truly remain benevolent). Too bad they can't clone the Singapore guy...
You plan to short any morning gap up?
do fundamentals matter? do interest rate matters? I guess a bull would say this is stock specific. A bear would claim GM is a 'starters gun' of higher interest cycle/recession/weak companies in trouble coming period...
Pretty harsh reaction so far..interesting.
Thanks for that.
Anyone know if Les' scans are showing a bounce in the making soon (oversolds?)..
edit..
Lot of folks seem to be looking for some sort of temp. low here (from Fri. bottom), and at least a 3-5% run..you on board?
A- if Wednesday marks some sort of low, you have any idea/expectation of the % of possible up from there. Any inviting near-term targets come to mind? tia
anyone have link to Zeev's (cumulative) prediction thread? thanks.
How do charges affect revenues?????????/
I suppose you are talking earnings only..
Steve, quick scan of your post seems to show you don't think we are launching any large wave up here, but rather a long trap? (you will be shorting soon)
(CNBC says the bottom is close......all we need now is for Abby to come on and confirm.........that should give us a good 40 point spx capitulation flush. ggg)
Yahoo saying a similar thing in headlines...
I would NOT discount these 2 as contrarian indicators here...the bottom needs more work and at lower levels IMO
Here's a movie waiting to be made...
http://www.cnn.com/2005/WORLD/europe/04/18/italy.murder.ap/index.html
If you lived here, and your house has appreciated 50% in 2 years, does it still make you a 'dork'?
http://www.cnn.com/2005/US/04/18/dork.street.ap/index.html
'ausgestoppt'...love it! g
(not your loss of course, but that term sounds 'funny' to a German-speaking American)..
Yes...a total "insider rips off the lil' investor' story (there are so many...)
Just saw a Zeev post thinking a break of 1970 Naz brings 1750 by June...
Transports are crappin'...
Historically (calendar-wise), not the best time to look for a bump in Naz (over 2-3 months)
And the short-term bullish argument (outside bounces in downtrends) here is???
(I think we tried 1970 today and that is it, but if we do not take out 2040 in the next two weeks, then a breach of 1970 will be the beginning of a decline possibly to 1750, maybe even by late June. If we take out 2040 and the internals do not turn excessively bullish, we may have few weeks of a good move, maybe even just above 2100 (2106 is a major headache, though).
We never took out 2040, and we just broke 1970 hard.
Decline to 1750 on?
Could I get your opinion (when you get the time) on short/long-term chart prospects for DV? Anyone else is welcome to jump in....tia
Regarding your point about oil/Starbucks.
I agree for the upper middle class, the oil price hike should not be a big deal.
But it remains (as it always has) a regressive tax. Its hurting the poor for sure.
I read many of your posts over last day, and my take away was the Naz goes up to a high on Tuesday, and oil goes to 52 by Tues., and then (both) reversals. Thanks for clearing that up.
This is a bit more 'exciting' than the boring day you were looking for, no?