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To: The Freep who wrote (131632)4/4/2006 10:15:52 AM
From: Henry J Costanzo  Respond to of 209892
 
<<I'd still just plain old like to see an impulsive rally across the board. Work on that, would ya? >>

Well, Freep, that's what you've had ...at least since the unnamed bottoms of Mar 8/10.......but seems, for some reason, you refuse to "see" it...LOL



To: The Freep who wrote (131632)4/4/2006 12:24:18 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
QCOM.........No ATH, Freep.......but a new high of sorts...which I think will please you ??

(Memory-challenged, as you know.....Can't remember whether you..... or Shack...or both....along with me here looking for 55ish.....vbg)



To: The Freep who wrote (131632)5/1/2006 2:24:31 PM
From: Rarebird  Respond to of 209892
 
>>I guess that's resilience<<

Some of the obstacles are that Iran has progressed in its defiant quest for nuclear weapons, oil broke $70 like it was nothing, 10-year bond yields broke the 5% level, gold broke $650/oz., the Fed is about to raise rates for the 16th straight time, refineries are stretched to the limit, and housing is slowing down, potentially hurting the consumer, but who is counting?

Perhaps the main reason for the market's resilience is the steady stream of strong earnings reports that keep coming in.

This market is so resilient that it reminds me of the prize fighter, Rocky and the way he kept on absorbing shot after shot after shot without ever giving up before he landed his own knockout punch. I know the Bears feel real confident here that this market is going down for the count any day now. But Rocky Balboa Markets have a way of hanging in there and stayin alive right before they land a crushing blow of their own.