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Pastimes : The Big Tex House of Coin

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To: ChrisJP who wrote (18004)4/4/2001 10:10:02 PM
From: Jeff  Read Replies (1) of 19297
 
yup.......where will retail stocks be in a few months when unemployments up and the dow is crashing.....

the ARMS index guy was on CNBC a few times already.....i believe he was calling bottoms in the 3k's and 2k's.....hey.....sooner or later he will be right..roll

fact is...there was never a bubble like this one.....and this bear will be the mother of all bear markets.....and nobody....and i mean nobody knows how it will end...

so all you can do is jump a few longs intraday and pray....cut losers fast...and short all rally's.....thats what has been working so far.....

and to even make it harder for longs.....most gains over this bear have come on gap ups.....or last minute ramp jobs...which means you are lucky if you can get a few percent point gain out of any move.....and if you try and jump a long early......you risk getting slaughtered in afterhours......

so the big money i made was all shorting the bogus rallies.....and as you have seen.....since the market has been making new lows again.....yes indeed...EVERY SINGLE RALLY HAS BEEN BOGUS......roll!!!!!

i'll know when the rally turns real...because it will come off a stoch 50 bounce on the nasdaq 3-month chart.....pure and simple.....

remember two weeks ago when nasdaq hit 1794.....it was ready to crash hard...they picked out MU and used them to pump up semi stocks...thus holding up the market...and thus sucking in more bagholders .....and as everybody witnessed....semi's and MU got trashed after the pump...and the market fell to new lows yet again.....

they have no ammo to hold this market up.....its all bad news.....so they will take the smallest bit of positive news and spin it with the clowns.....and shake out sheep shorts yet again....get the sheep thinking long.....then pull the rug out..yet again.....

now DELL didn't warn tonight.....so lets ramp up the market the last half hour......lets run up the futures...lets get the clown spin tomorrow...hey its PARTYYY TIMMMEEEEEE...HEE HAWWWWW!!!!!!

sheep shorters get squeezed.....sheep with short memory think long again......sheep with short memory becomes a bagholder again.....sheep shorters short rally again.....then wait for the next squeeze and clown act.....

fact is.....today was ready to crack into the 1500's......that would again create a panic sell.....so now DELL will be used to hold off the inevitable crash.....

but one little tidbit the bulls will hide with all this DELL pump.....

johnathon joseph...the semi analysts who had the guts to cut down the sector in august.......just said in a telephone interview that semi's won't bottom till august.....now remember that.....cause when the dump comes off this next pump...then you will hear more about this.....

had this guy come on t.v tonight and said that in person on CNBC.....the afterhour pump job would have ended fast.....but all it was...was a little tidbit of news on CNBC that few probably heard...

anyway.....the bottomline is...wallstreet needs you and your money invested in this market.....

and everybody knows the news is nothing but bad.....and will only get worse.....and they have no reason to be in the market now......no matter how hard they try and spin bad news into good news...

so the game goes on...

pump and dump......bagholders.....short rally's.....short squeeze......pump and dump.....bagholders...short rally's.....short squeeze.......

new lows......

nuff said.....
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