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Oh I get it:
W@G2~QQQQ 06/29/05 for a 07/01/05 close~
quiet 38.00
37.79 DrWorm
37.65 bob3
37.48 frenchee
37.51 patch
Couple minutes late. Mark me down for 37.51
Well gee, if the North County News sez so it must be true!
NVEC at 22.85 for a day trade.
You don't think it's a little high above the 50 day?
MVL had a big swoon after their last release too. Wonder if the Big Entertainment stocks should always be 'sell the release'.
I think the American people would win.
Have War Critics Even
Read the Duelfer Report?
By RICHARD SPERTZEL
October 14, 2004; Page A18
After the release of the Iraq Survey Group's Duelfer report, the headlines blazed "No WMD Found." Most stories continued by saying that Iraq did not constitute an imminent threat to the U.S. and thus the U.S. was wrong to eliminate that threat. This reflects the notion that Iraq was only a threat if it had military munitions filled with WMD. The claim "Iraq was not an imminent threat" was also expounded by pundits that seemingly crawled out of the woodwork as well as those opposed to President Bush. But have these individuals read carefully the report before engaging in such anti-Bush rhetoric?
* * *
While no facilities were found producing chemical or biological agents on a large scale, many clandestine laboratories operating under the Iraqi Intelligence Services were found to be engaged in small-scale production of chemical nerve agents, sulfur mustard, nitrogen mustard, ricin, aflatoxin, and other unspecified biological agents. These laboratories were also evaluating whether various poisons would change the texture, smell or appearance of foodstuffs. These aspects of the ISG report have been ignored by the pundits and press. Did these constitute an imminent threat? Perhaps it depends how you define "threat."
The chemical section reports that the M16 Directorate "had a plan to produce and weaponize nitrogen mustard in rifle grenades and a plan to bottle sarin and sulfur mustard in perfume sprayers and medicine bottles which they would ship to the United States and Europe." Are we to believe this plan existed because they liked us? Or did they wish to do us harm? The major threat posed by Iraq, in my opinion, was the support it gave to terrorists in general, and its own terrorist activity.
The ISG was also told that "ricin was being developed into stable liquid to deliver as an aerosol" in various munitions. Such development was not just for assassination. If Iraq was successful in developing an aerosolizable ricin, it made a significant step forward. The development had to be for terrorist delivery. Even on a small scale this must be considered as a WMD.
Biological agents, delivered on a small scale (terrorist delivery) can maim or kill a large number of people. The Iraqi Intelligence organizations had a history of conducting tests on humans with chemical and biological substances that went beyond assassination studies. While many of these were in the 1970s and 1980s, multiple documents and testimony indicate that such testing continued through the 1990s and into the next millennium, perhaps as late as 2002. Do we wait until such weapons are used against our domestic population before we act? Is that the way that some people wish to have the U.S. protected from terrorist activity?
It is asserted that Iraq was not supporting terrorists. Really? Documentation indicates that Iraq was training non-Iraqis at Salman Pak in terrorist techniques, including assassination and suicide bombing. In addition to Iraqis, trainees included Palestinians, Yemenis, Saudis, Lebanese, Egyptians and Sudanese.
As for the U.N. inspection system preventing such R&D, why did Iraq not declare these clandestine laboratories to Unscom and Unmovic and why did these inspection agencies not discover these laboratories? Might it have been that there were multiple informants working inside Unscom and Unmovic that kept the Iraqi Intelligence Service informed as to what sites were to be inspected? Information collected by ISG indicates that this was the case. In late 2002 and early 2003, equipment and materials were removed from several sites 24 hours before U.N. inspections. Such informants were said to be active since 1993. Ergo, no surprise inspections.
Furthermore, sanctions were rapidly eroding. Unscom was aware of this erosion but not to the degree that apparently developed post 1998. The accounts of bribery of officials from several countries that were pushing for lifting or weakening sanctions are legend and have been extensively reported this past week. Inspections can not be effective without the full support of the U.N. Security Council. Such full support did not exist from late 1996 onward. Perhaps, now we know why. Iraq exploited the power of wealth in the form of oil to buy influence in the Security Council and within governments throughout the World. This has now been well documented.
Was Iraq an imminent threat? With the regime's intention and the activity of its intelligence organizations, and with the proven futility of uncovering its clandestine laboratory operations by the U.N. inspectors, it is hard to draw any other conclusion. Regretfully, terrorism is the wave of the future. The report by Charles Duelfer is unclassified and makes very interesting reading for those who really want to know. For those with a closed mind, it will be a waste of time.
Mr. Spertzel, head of the biological-weapons section of Unscom from 1994-99, just returned from Iraq, where he has been a member of the Iraq Survey Group (ISG).
maine
How dependent is Geron's research on fetal stem cells? I thought you wrote once that the ban didn't really affect their product development?
It's already over 40.00
It's nice and shady over here on the dark side.
Haven't they ever heard of cutting spending?
KLAC scares the bejeezus out of me. Nice bounce today with the sector but the chart is horrid. CREE made a similar move in to earnings - a headfake down followed by a ramp to eod - but KLAC didn't bounce off of any real support level.
Not going to say that calls are a bad idea because I don't have a clue but if it was me I would definitely hover my finger over the trigger.
At the risk of pushing the topic in a political direction, releases aren't all that useful when yoy are dealing with peoples' lives. Snake oil salesman had license to pitch whatever they wanted off the back of wagons 100 years ago and people would pay because the Hoped that the claims were true.
If we had no regulation then the same thing would happen today.
This isn't to say that the process isn't overly cumbersome, and that there aren't cases where normal approval should be circumvented but as a rule I think it would be unwise.
patch - pragmatic libertarian
I'd love to give you a detailed answer but it isn't that complicated. Price. Support/Resistance lines in trading ranges. Volume as an indicator.
So with MOT's volume yesterday the short wasn't wise. I had an OB in and actually cancelled the order when MOT kicked it in to gear but for some reason the cancel didn't take so I ended up short. If it had moved through 16.5 with any authority I would have dumped for the loss but it bounced hard off the resistance. I figure it has one more shot to push through and if it misses 12.50 could very well be in the cards.
Chart is ugly.
You asked, I told.
This board provides a great service and tools but to reiterate as long as the SOX is unstable oversold indicators aren't going to be terribly meaningful.
So yeah, it's my call and my money. Might be out of the trade this morning if I don't like the way the day sets up but I'll be wealthier than I was for entering the trade regardless.
I've been short SNDK and RMBS for a few days. Got stopped out (trail) and then reentered the positions. I was long CREE until yesterday when I rolled it over to a short. And I opened a short position on MOT yesterday when it collided with its 200 day.
SOX looking broken to me and indicators will be unreliable until a new pattern is built.
I'm completely short all semis right now.
Hope so.
There's more than one kind of pattern and quite often what looks like a falling knife in one time frame is merely completing a range in another.
Easy enough to get away from a trade when you are wrong. It's all risk/reward. Take TASR. Knife fell all the way to 25 why catch? Cause it caught there before. I would have jumped on it but I was tied up elsewhere. It busts through 24, get away but you at least got 50/50 for it to get back over 28. 3:1 risk/reward.
Lather, rinse, repeat.
IF you feel that way I doubt you've read much of his stuff elsewhere then.
Seriously. He's one of the very best.
hack, Rat is top notch. Just has his own style.
Short CREE from 22.26 average
I'm betting it's setting up for a pretty good short-term short here, but I can't since I am still 50% long.
I don't think this is the start of a big move up but it may be an indication that it's found a new level of support. I figure a double or triple bottom here then maybe a move later.
GERN moving off its lows with a little volume.
Who knows. I hope the bounce hits so I can get out and reposition even lower. Keep buying and selling and rebuying the dang thing ever lower. I think this time I will wait for a floor. (But 5.80 seems to be holding okay) (Which means it will be 5.00 by close)
Well it looks like it's getting sold into the speech but it isn't like volume is anything special.
When's the IPO?
Inside info: Taser is about to announce a bake sale. Load up now for a move back over $40 but keep it hush hush.
I'm thinking short the IPO but I will be surprised if IB has any shares to loan.
Is GOOG optionable?
Google IPO average of $127/share.
Short Bu$$ 17.18
Looking for a(nother) short entry.
Dude, what's your malfunction?
CREE breaking down today too. Might see 18.00 again.
If it's going to $14 you should get a piece now. Don't know where the $14 number comes from though. This thing is broken.