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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call -- Ignore unavailable to you. Want to Upgrade?


To: Win-Lose-Draw who wrote (7009)3/17/2003 10:49:49 PM
From: LTK007  Read Replies (1) | Respond to of 11447
 
yes--- i am amazed how suicidal money is at times like this; with explosive wild thermometer busting greed running rampant on the idea that rapid and surgically efficient destruction is time too get rich(and forgetting that ALL fundamentals under it are cracking and straining under negative forces---which is happening now even as greed makes all blind).
I see a market under a cloud of dark hellish karma,today.
I think the wild ass swings, the wildest swings ever, if viewed in righter scale terms, are leading to plus 9 trin(CRASH).
I view the market as a Physics Problem, these readings are the readings of Critical Mass developing.
ALL BULLS HAVE BEEN CHORTLING FOR 3YEARS that we have never had an actual crash, have never had an actual full bore panic, and still that relentless sense of security that the Almighty Protection--called the Central Bank will preserve them and their money.
Well it DOES NOT HAPPEN until it HAPPENS does it? A crash that is? BTW, i have NEVER called a crash before today.
Yes, Livermore who happened to blow his brains out in his home a mile from here, after he had blown his vast fortune by forgetting all his OWN rules---when he was great, talked of the intuitive gnawing, something is wrong, very wrong, rare moments.
Well today i saw something wrong, and now i am beginning to see what it is, gamblers lust--the lust to repeat 1991 and thinking nothing but that---they are salivating thinking they have the sure thing.They are betting heavy longside for all the wrong reasons.
They say absolute corruption destroys absolutely.
Well when gamblers get lust they get destroyed absolutely.
Livermore himself left us with that final brutal lesson.
BTW i said that we would kiss 860 last week if we had a closed of 831 or higher, well we gave it a big sloppy drooling kiss.
Lady Luck despises bad kissing.
I have not felt this way since the week of April 3-7,2000.
We crater, we crash in 2003.Max