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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Gofer who wrote (1731)1/11/2001 8:02:25 AM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Chugs are definitely more than Cheers, as it means bottoms up. From my Zeta Beta Tau (Zillions Billions Trillions, Zionist Bankers Trust, Zeta Beta Tomata) days. Happy Hours at Dunbars, followed by a drive to a little house on the edge of Cayuga Lake. I miss school.



To: Gofer who wrote (1731)1/11/2001 8:48:38 AM
From: TobagoJack  Respond to of 74559
 
Hi Gofer, not so fast with the chugs. I think the world will find itself missing a few hundred billion by close of NYSE trading your today, give or take a few hundred million, on top of the few trillion that has already gone to Greenspan nirvana. A few points from YHOO, CSCO, ABB and GE, and pretty soon we will have a fully recognized recession, triggering collapse of more rot.

Just back from a trip, hot bath drawn, jacuzzi jets jetting, Snapple at the ready, be back in a bit to watch the carnage (beats the TV). I wish I have two PCs at home, one for Death Match games, and one for Bloomberg.com.

I am actually adding a few shares here and there just to round off my watch list portfolio; I try to have some shares of all shares I want to watch, just so that I watch, and experience the pain and anguish first hand. Sort of like a virtual reality death match game with bio-tactile feedback.



To: Gofer who wrote (1731)1/11/2001 4:10:38 PM
From: Crystal ball  Read Replies (1) | Respond to of 74559
 
I'll take a Fu"rstenberg, or a GANTER, so fein so rein muss ein Ganter sein.
Ich bin,
Truly your$,
-Crystal Ball



To: Gofer who wrote (1731)1/11/2001 6:41:40 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Ariba shreds estimates on the upside and goes down;

Double Click clicks even and still no fireworks;

Gateway misses the mark and goes up, but oh, down in afterhours trading. GWT fires 10% of its staff who no doubt will be lining up to buy JDSU shares;

Yahoo! did a yahoo;

Hewlett Packard warns and did a Double Click, up in regular session, down at moment of truth;

Intel does a plus 1.14% and a minus 1.22% upon realizing its earlier mistake;

Oil up;

California (no, not California Fitness Club) issues blackout warning. The Silicon optioned workers will of course be all working on their mobile platforms running off the power of their car generators;

Inflation Indexed Treasury yields go down. Bulls say yields do not need to be that high, bears say I want to buy for safety, and so, price up, yields down;

GE goes up because it will use its cash to buy its shares and run down the balance sheet, loading up on cannon balls before setting sail into the recession storm, thus weighed down, the better to survive the storm;

Cisco is up, because I added it to my watch portfolio for real, but now thinking of unloading for an extra platinum coin to keep it real;

Summary for the day: The trap is sprung, as perfectly scientific minds accepts the 3-day rally charm.
The fundamentals are dying, the bull is not yet dead, the fear is not yet real. Folks are still looking for a January 31st Greenspan handout, even though they now believe the market is OK, just as a drug user needs a continuing fix.

Prescription: Ready to liquidate the portfolio of relatives to feed the coming frenzy when NAZ goes to 3600, go to cash on system-wide basis within the entire extended family. Start the short if NAZ even thinks about going to 5000.

Keep the faith, be patient, und dan ze dreme wil kom tu ...

and I like QPK's "why am I not worried?" quote.
Chugs