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    All Forums | Investments

    Dow Jones Line 11/23

    whereismyhat
    wallstreetcappers
    claycourtlesson
    Dsn150
    Participants:
    Search
    Views: 111
    Posts: 13
     
    whereismyhat
    whereismyhat
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    Posted: Nov. 23, 2008 - 11:31 PM ET #1

    Up -135
     
    Down -110
     
    Are you kidding me?
    Reply
    To remove first post, remove entire topic.
    Up -135
     
    Down -110
     
    Are you kidding me?
     
    wallstreetcappers
    wallstreetcappers
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    Posted: Nov. 23, 2008 - 11:50 PM ET #2

    With Citi swirling I dont see how it would be up tomorrow.
    Reply
    With Citi swirling I dont see how it would be up tomorrow.
     
    whereismyhat
    whereismyhat
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    Posted: Nov. 23, 2008 - 11:53 PM ET #3

    Me either WS....this is absurd to me that they are putting it as a fav
    Reply
    Me either WS....this is absurd to me that they are putting it as a fav
     
    claycourtlesson
    claycourtlesson
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    Posted: Nov. 23, 2008 - 11:58 PM ET #4

    I'd bet Down down at -110, man.
     
    May be even more profitable, though, to just sell short the SP 500 right now than make 100 bucks on this prop bet from 5 Dimes, Hat.
     
    Cheers
    Reply
    I'd bet Down down at -110, man.
     
    May be even more profitable, though, to just sell short the SP 500 right now than make 100 bucks on this prop bet from 5 Dimes, Hat.
     
    Cheers
     
    Dsn150
    Dsn150
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    Posted: Nov. 23, 2008 - 11:58 PM ET #5

    Dow futures turned positive in past hour, so who knows? - looks like another nice chance to open some new short positions at some point tomorrow- preferably before noon.  Although Pres-elect Obama is supposed to formally announce his economic team- not sure why this would inspire buying ( or more likely short covering ), but it worked Friday.
    Reply
    Dow futures turned positive in past hour, so who knows? - looks like another nice chance to open some new short positions at some point tomorrow- preferably before noon.  Although Pres-elect Obama is supposed to formally announce his economic team- not sure why this would inspire buying ( or more likely short covering ), but it worked Friday.
     
    claycourtlesson
    claycourtlesson
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    Posted: Nov. 24, 2008 - 12:02 AM ET #6

    Who the f knows?
     
    Some dumb farking icehole could start some rumor tomorrow at any time about anything and force shorts to cover.
     
    The whole farking deal is nothing but lies and manipulation running amok----we all know that.
     
    The deal is this-----
     
    For "the long haul," the world is totally fckued--------and I am not talking about the gd stock markets and the world economy----I am talking about your freedoms are being taken away right in front of you.
     
    If you haven't done so, I suggest reading Orwell's "1984."  Won't take too long----easy reading.
     
    All this economic collapse hoopla is for one reason------power.
    Reply
    Who the f knows?
     
    Some dumb farking icehole could start some rumor tomorrow at any time about anything and force shorts to cover.
     
    The whole farking deal is nothing but lies and manipulation running amok----we all know that.
     
    The deal is this-----
     
    For "the long haul," the world is totally fckued--------and I am not talking about the gd stock markets and the world economy----I am talking about your freedoms are being taken away right in front of you.
     
    If you haven't done so, I suggest reading Orwell's "1984."  Won't take too long----easy reading.
     
    All this economic collapse hoopla is for one reason------power.
     
    claycourtlesson
    claycourtlesson
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    Posted: Nov. 24, 2008 - 12:04 AM ET #7

    BTW, the reason "the market" rallied so hard Friday is not cause of that icehole Gheitner getting chosen to be the new treasurer-----it was because of options expiration with a lot of short covering due to derivative unwinding.
     
    The idiots on the TV won't tell you this.
    Reply
    BTW, the reason "the market" rallied so hard Friday is not cause of that icehole Gheitner getting chosen to be the new treasurer-----it was because of options expiration with a lot of short covering due to derivative unwinding.
     
    The idiots on the TV won't tell you this.
     
    Dsn150
    Dsn150
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    Joined: Feb, 2008
    Posts: 11794
    Posted: Nov. 24, 2008 - 12:11 AM ET #8

    Quote Originally Posted by claycourtlesson:

    Who the f knows?
     
    Some dumb farking icehole could start some rumor tomorrow at any time about anything and force shorts to cover.
     
    The whole farking deal is nothing but lies and manipulation running amok----we all know that.
     
    The deal is this-----
     
    For "the long haul," the world is totally fckued--------and I am not talking about the gd stock markets and the world economy----I am talking about your freedoms are being taken away right in front of you.
     
    If you haven't done so, I suggest reading Orwell's "1984."  Won't take too long----easy reading.
     
    All this economic collapse hoopla is for one reason------power.

    Have read it ( several times )- actually own it - 

    I'm not a New World Order believer, but it does raise many questions that are yet unanswered.

    I really see no reason (other than pure speculation or trading) anyone would put any significant amount of $ long in the market- seems like there is plenty of bad news yet to come.  

    I had for a while figured 8000-8200 might be the bottom, but now I favor mid 6000's  - and only there if there is some sort of stabilization.  I plan on staying short for a while yet.
    Reply
    Quote Originally Posted by claycourtlesson:

    Who the f knows?
     
    Some dumb farking icehole could start some rumor tomorrow at any time about anything and force shorts to cover.
     
    The whole farking deal is nothing but lies and manipulation running amok----we all know that.
     
    The deal is this-----
     
    For "the long haul," the world is totally fckued--------and I am not talking about the gd stock markets and the world economy----I am talking about your freedoms are being taken away right in front of you.
     
    If you haven't done so, I suggest reading Orwell's "1984."  Won't take too long----easy reading.
     
    All this economic collapse hoopla is for one reason------power.

    Have read it ( several times )- actually own it - 

    I'm not a New World Order believer, but it does raise many questions that are yet unanswered.

    I really see no reason (other than pure speculation or trading) anyone would put any significant amount of $ long in the market- seems like there is plenty of bad news yet to come.  

    I had for a while figured 8000-8200 might be the bottom, but now I favor mid 6000's  - and only there if there is some sort of stabilization.  I plan on staying short for a while yet.
     
    Dsn150
    Dsn150
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    Posted: Nov. 24, 2008 - 12:12 AM ET #9

    Quote Originally Posted by claycourtlesson:

    BTW, the reason "the market" rallied so hard Friday is not cause of that icehole Gheitner getting chosen to be the new treasurer-----it was because of options expiration with a lot of short covering due to derivative unwinding.
     
    The idiots on the TV won't tell you this.

    I heard this as well- but it was odd that the market took off at almost the exact time the announcement was made- maybe everyone sitting and waiting, then not wanting to get caught selling last ?
    Reply
    Quote Originally Posted by claycourtlesson:

    BTW, the reason "the market" rallied so hard Friday is not cause of that icehole Gheitner getting chosen to be the new treasurer-----it was because of options expiration with a lot of short covering due to derivative unwinding.
     
    The idiots on the TV won't tell you this.

    I heard this as well- but it was odd that the market took off at almost the exact time the announcement was made- maybe everyone sitting and waiting, then not wanting to get caught selling last ?
     
    claycourtlesson
    claycourtlesson
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    Joined: Jan, 2006
    Posts: 14917
    Posted: Nov. 24, 2008 - 12:13 AM ET #10

    DSN-
     
    Best book ever written.
     
    Yeah, anyone buying now for anything other than "a trade" is spinning wheels, for sure.
     
    I say DOW 5800---eventually.
    Reply
    DSN-
     
    Best book ever written.
     
    Yeah, anyone buying now for anything other than "a trade" is spinning wheels, for sure.
     
    I say DOW 5800---eventually.
     
    Dsn150
    Dsn150
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    Posts: 11794
    Posted: Nov. 24, 2008 - 12:19 AM ET #11

    Quote Originally Posted by Dsn150:


    I heard this as well- but it was odd that the market took off at almost the exact time the announcement was made- maybe everyone sitting and waiting, then not wanting to get caught buying/covering  last ?
    Reply
    Quote Originally Posted by Dsn150:


    I heard this as well- but it was odd that the market took off at almost the exact time the announcement was made- maybe everyone sitting and waiting, then not wanting to get caught buying/covering  last ?
     
    wallstreetcappers
    wallstreetcappers
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    Joined: Feb, 2003
    Posts: 58464
    Posted: Nov. 24, 2008 - 11:59 AM ET #12

    Well I guess today is going to be an up day.


    Reply
    Well I guess today is going to be an up day.


     
     
    claycourtlesson
    claycourtlesson
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    Posts: 14917
    Posted: Nov. 24, 2008 - 12:33 PM ET #13

    Looks like it, WSC-----but eventually more bad news will hit the wires and the tape will go back to bleeding red all over the place.
    Reply
    Looks like it, WSC-----but eventually more bad news will hit the wires and the tape will go back to bleeding red all over the place.
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