Stock Market Mania

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Apollonaris Zeus
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Post by Apollonaris Zeus » Tue Apr 21, 2009 1:48 pm

Well I was wondering what happened today when I got back to the TV. It seems Geithner gave a pep rally and said "data suggests an improvement" blah, blah, blah.

The economy is getting worse but investors think they bought stocks at great prices.

Yes, if you bought them below 7,000 and are holding them for the long haul. I have some that I will hold at and some bought below those prices. I am not buying unless those stocks haven't been overbought. But I don't see them yet when better prices are around the corner.

Yahoo did better then expected, but isn't the shop at home internet sales just a continuation of a trend taking away sales from the store retail outlets. AMD met expectations and so did several others. But they still lost earnings from the year ago. Capital One Lost money.

Nothing to support higher stock prices and tommorrow No Geithner to say its all going to be alright. And there is the Stress Test in the beginning of May next week.

I bet on a down day tomorrow of half the gain of today!

AIIZ

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Apollonaris Zeus
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Post by Apollonaris Zeus » Thu Apr 23, 2009 6:31 am

Yesterday Market predicted perfectly.

Today should about as bad about a 80 point drop or bigger depending on the Mutual funds. They pumped a hugh amount of cash into the market until yesterday. If they do the same today the market could be a minor loss of 20-30 points.

Apple up on PDMs. UPS down a major bellweather of the retail slowdown

But it will go down when the housing report show worst sales of new homes and existing homes- foreclosures will still be the only sales that might have rose.

Layoff worst then the month before, earning as bad or worst then predicted.

But Futures are up so that throws some volitility in the market.
AIIZ

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Apollonaris Zeus
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Post by Apollonaris Zeus » Thu Apr 23, 2009 8:42 pm

Mutuals make a big move today! let's see if they sell off tomorrow and try to shake off a huge number of' shorts. I knew they would make a move but not the volume of millions of buys! It was amazing to see that much money come back into the market when the economy and earnings PE. Wow!

They can't sustain that for long they're just trying to make it a bull market so to entice more investments.

AIIZ

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Apollonaris Zeus
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Post by Apollonaris Zeus » Mon Apr 27, 2009 9:35 pm

We're been back in the bear market trend for over a week and the swine flu is helping to push down travel related stocks like cruises, hotels and car rentals.

Its a short sell market once again.

AIIZ

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Apollonaris Zeus
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Post by Apollonaris Zeus » Thu Apr 30, 2009 8:45 am

Market is taking bad news ass good news these past two day- First quarter worse off then expected. March Sales lower .02% then Feb. Housing sales lower with only Foreclosures selling- and who wouldn't buy if they have the money. Some markets are at 50% below highs, but can go lower to even 65% or less.

But will we be able to break the 8400 dow ceiling if we get there.

One must go with the flow of the big guys if they want to take it up you just go with them.

Really no good news to hold prices. But we hang with the herd for now and look for under priced stocks to buy and overprice stocks to short.

AIIZ

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Apollonaris Zeus
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Post by Apollonaris Zeus » Tue May 12, 2009 8:14 am

On April 13th
Apollonaris Zeus wrote: Onward to 8,400 by the 15th
As I predicted this 8,400 ceiling seems to be holding, many traders believe that this market is already overbought for the state of the economy. Unless we have some really good news or money people start pouring in more cash and that would be really hard to believe. Especially with news like this from the times:

"The gap between United States imports and exports widened for the first time in eight months in March, the government reported on Tuesday, primarily as a result of a drop in exports.

But economists said the sharp declines in the value of trade between the United States and the rest of the world appeared to be hitting a plateau. For economists, the new figures added another small piece of evidence to theories that the worst declines were over, and that the economy was beginning to stabilize, although at lower levels ..."

This shows you how flakey economists are: What Plateau? We haven't formed a plateau when we have "...widened for the first time in eight months..."!
Other nations are buying locally to boost their own economy!

Home sales slide 14% over last month!

Just 15 years ago the dow was at 1,440! We should all remember that fact especially when companies are making less then that now.

AIIZ

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Post by can't sit still » Tue May 12, 2009 8:39 am

Zeus, it appears that most investors have their collective heads up their collective asses. They look at price without considering P / E. If we only lose 600,000 jobs instead of 700,000, they cal it a "green shoot" . I've got a chart / graph that shows the stock market in relation to the price of gold. After each boom, the price of the Dow returns to the price of 1 ounce of gold. One time, it was 1.5 ounces but, it always returns to very close.
That would put gold at $ 7,000 if the market bottomed at 7000. It's all very interesting.
Dan
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Apollonaris Zeus
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Post by Apollonaris Zeus » Wed May 13, 2009 9:58 am

can't sit still wrote:Zeus, it appears that most investors have their collective heads up their collective asses. They look at price without considering P / E. If we only lose 600,000 jobs instead of 700,000, they cal it a "green shoot" . I've got a chart / graph that shows the stock market in relation to the price of gold. After each boom, the price of the Dow returns to the price of 1 ounce of gold. One time, it was 1.5 ounces but, it always returns to very close.
That would put gold at $ 7,000 if the market bottomed at 7000. It's all very interesting.
Dan
Yes, and so far they can see their hearts fading. Overly optimistic, YES!

And today, they are realizing that they are holding overpriced stock. Retail sales have slumped again to about 1/2 % then predicted. You know were in for the fall. Its just that there is so much money in the hands of the wealthy (yes- their screaming more tax cuts for me!) that when they want to make the train go faster if they want. But the sad reality is just that the small guy will end up on the losing end when the market starts its decline back to under 7,000 Who knows maybe the 1,500 of 1984.

AIIZ

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Apollonaris Zeus
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Post by Apollonaris Zeus » Mon Jun 29, 2009 7:32 am

Bernie Madoff gets his sentencing today!

What would you give him

12 or Life???????


I don't think is should see the light of day until he's so old he can't walk and pisses his pants

30 years

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Apollonaris Zeus
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Post by Apollonaris Zeus » Mon Jun 29, 2009 10:03 am

Madoff with 150 years

Even his skeleton will look old

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Ugly Dougly
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Post by Ugly Dougly » Mon Jun 29, 2009 10:35 am

It will be over 9000 by the end of the year.

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Apollonaris Zeus
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Post by Apollonaris Zeus » Mon Jun 29, 2009 9:37 pm

Ugly Dougly wrote:It will be over 9000 by the end of the year.
that's not much, if the employment numbers are positive next week we could be there in two weeks. A friend of a friend is working now to Obama's stimulus plan. His company has a road work contract. As this money flows into the economy, we should some recovery.

Lets hope because I've lost a lot of galleries selling my work. My work is selling but many of these galleries have bought and brought in a lot artists that are mediocre but sell their work cheap. Still they don't sell and that hurts us artists that do sell art priced higher. Really some gallery owners are their own worst enemies- totally devoid of taste.


AIIZ

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Apollonaris Zeus
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Post by Apollonaris Zeus » Tue Jul 14, 2009 7:45 am

The market made a big gain on reports about banks recovering with goldman sucks reporting the greatist profits. But that is only one bank who's profit seems to come from an increase in FEES and a questionable profit in commodities- of which may be Oil!

Oil is on a downward slide because of fears of future government controls- Thanks Obama- fuck you GWB- so we will see what the next reporting period tell us about Goldman Sucks!

Now for the losers to post their losses and this part won't be pretty and they're pretty much been shorted to the till for the past month helping to drive down the market.

We will how much write-down on assets is going to help, but those were said to have been largely written off during the last reporting period.

Gas down to $2.25 and still dropping! Wheeee!

AIIZ

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Jiva
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Post by Jiva » Tue Jul 14, 2009 9:48 am

Ugly Dougly wrote:It will be over 9000 by the end of the year.
[youtube][/youtube]
[color=#ECE3BA][size=75]Stay home; the man will burn without you.[/size][/color]

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Apollonaris Zeus
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Post by Apollonaris Zeus » Tue Jul 14, 2009 3:13 pm

Sweeeeet

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Post by Apollonaris Zeus » Wed Jul 15, 2009 7:52 am

Obama is reeling in Oil spec, now he is going after the Derivatives Market.

Can't Sit Still and Cowboyangel, someone in the admin is listening to you!

Derivatives Are Focus of Antitrust Investigators

http://www.nytimes.com/2009/07/15/busin ... l?_r=1&hpw

By ERIC DASH
Published: July 14, 2009
The Justice Department is investigating the role of several major companies in the credit markets, in another indication that the government is intensifying its scrutiny of derivatives,

Markit Group Holdings, a data warehouse controlled by several big banks, said Tuesday that it had been notified by antitrust officials at the Justice Department of an inquiry into the “credit derivatives markets and related marketsâ€

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Ugly Dougly
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Post by Ugly Dougly » Wed Jul 15, 2009 10:20 am

Jiva wrote:
Ugly Dougly wrote:It will be over 9000 by the end of the year.
[youtube][/youtube]
Jiva, do I know you?
How is this possible??? :lol:

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Apollonaris Zeus
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Post by Apollonaris Zeus » Wed Jul 15, 2009 12:35 pm

Sounds like a mirage made in Ragnarok.

Shorts are taking a beating today

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Ugly Dougly
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Post by Ugly Dougly » Wed Jul 15, 2009 1:21 pm

One thing leads to another, that's all that I am permitted to say.

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ygmir
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Post by ygmir » Wed Jul 15, 2009 9:35 pm

Apollonaris Zeus wrote:Sounds like a mirage made in Ragnarok.

Shorts are taking a beating today
Ragnarok is an event, not a place.............
YGMIR

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Apollonaris Zeus
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Post by Apollonaris Zeus » Thu Jul 16, 2009 11:04 am

ygmir wrote:
Apollonaris Zeus wrote:Sounds like a mirage made in Ragnarok.

Shorts are taking a beating today
Ragnarok is an event, not a place.............
and a mirages don't happen at BM?

Paulson has fucking got to go!

http://www.nytimes.com/aponline/2009/07 ... erica.html

Paulson Says He Pressured Bank of America CEO Sign in to Recommend
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By THE ASSOCIATED PRESS
Published: July 16, 2009
Filed at 11:10 a.m. ET

WASHINGTON (AP) -- Former Treasury Secretary Henry Paulson says he pressured Bank of America last year to go through with its plans to buy Merrill Lynch but didn't tell the bank's chief to hide losses from shareholders.

In testimony Thursday before the House Oversight and Government Reform Committee, Paulson said he told Bank of America Corp. CEO Kenneth Lewis that the Federal Reserve could fire him if he backed out on the deal.

Paulson said that had the deal collapsed, it would have hurt the bank's stockholders as well as the broader financial system. The government ultimately gave $20 billion to the bank to blunt losses tied to the acquisition.

Oooo, me bad! Stockholders all over the world lose and win you can't expect both for investing in a poorly run business.

Fuck You Paulson!


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AIIZ

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Apollonaris Zeus
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Post by Apollonaris Zeus » Thu Jul 23, 2009 8:14 pm

Ugly Dougly, were over 9,000 already and talk is 11,000 before the end of summer.

The market is ballooning already for the next bubble burst. for me its ride the bull.

But as you can see, we have too many people with why too much money to cause this much volatility when the economy has even began to improve.

Our wealth structure needs some modification like higher taxes on the wealthy!

AIIZ

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Ugly Dougly
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Post by Ugly Dougly » Fri Jul 24, 2009 9:47 am

That's what my gods told me. I wouldn't expect 11,000 for a year or so. But probably toying with 10,000.

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Apollonaris Zeus
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Post by Apollonaris Zeus » Fri Jul 24, 2009 1:08 pm

I noticed that I was getting fucked on some internet stock buys for a while
now I know why! For too long, the big house have had an unfair advantage. The market is rising faster then it can justify its ascent. It is a manipulation of the market!!!!

This has to be stopped!

http://www.nytimes.com/2009/07/24/busin ... g.html?hpw

AIIZ

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Ugly Dougly
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Post by Ugly Dougly » Fri Jul 24, 2009 1:53 pm

Yeah, freaking day traders, putting a spin on stocks without making anything of value. Got your manipulation right here.

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Post by can't sit still » Mon Jul 27, 2009 6:43 pm

Ugly, that is a beautiful piece of weaponry.



Jul 27, 2009, 2:11 p.m. EST
SEC makes temporary short-selling rule permanent
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Alert Email Print Share By Wallace Witkowski

SAN FRANCSICO (MarketWatch) -- The Securities and Exchange Commission on Monday made permanent a rule designed to curtail abusive "naked" short selling. "The new rule, Rule 204, requires broker-dealers to promptly purchase or borrow securities to deliver on a short sale," the SEC said. A temporary rule meant to curtail the practice was set to expire on July 31. The SEC said it is also working together with several self-regulatory organizations to make short sale volume and transaction data available.
I don't post things because I believe that they are the absolute truth. I post them because I believe that they should be considered.

can't sit still
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Post by can't sit still » Sun May 09, 2010 10:11 am

I was on the road and a friend called to say that the market was falling at 100 points a minute. Then, the whole thing skidded to a stop. The press is claiming that 1 little glitch was the cause of it all. I don't believe that this is possible. Just because Proctor and Gamble made a move, that wouldn't take down the whole DOW.
The other thing that I find suspicious is the trades. For every sell, there has to be a buyer. I just don't believe that there are any buyers. The investors have left the market for the most part. It's all black-box trading. The whole thing stinks;
http://www.newswithviews.com/Kincaid/cliff414.htm
I don't post things because I believe that they are the absolute truth. I post them because I believe that they should be considered.

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Post by geospyder » Sun May 09, 2010 1:54 pm

Not big time but we did buy that day in the last few minutes.
You know it's going to be a bad day when you jump out of bed and miss the floor.

can't sit still
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Post by can't sit still » Tue May 18, 2010 8:44 pm

Here's a bit of doom;
"Tell them that Richard Russell says that by the end of this year they won't recognize the country."
Such a downer :(
http://www.businessinsider.com/dow-theo ... ear-2010-5
Martin Armstrong is a bit bearish too;
http://www.businessinsider.com/martin-a ... ome-2010-5

It's OBVIOUSLY time to party :lol:
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....Whoa, Nelli ..................

Post by Rabbi Dali Rick » Thu May 20, 2010 11:56 am

Waterfall effect.

When they abandon the Euro next as it fails, wild swings will ensue, and as they will abandon us, as our real estate bubble gives up it's last gasp as it goes Nova. Unemployment figures show a 25% uptick this morning due to not computing the figure incorrectly. My bank manager at (big bank), who happens to be a friend of mine, told me of a note from upper management, to be prepared to place the 7 day hold on all bank withdrawals, and prepare handouts and paper work previously sent, readily available to customers, to explain the immediate change over. The stock market just did a dip of 300 points minutes ago. State entities start their failures beginning in June, especially those like CA, where even implementing deep, deep, cuts and instituting sever austere measures won't help. One of the news articles above, suggested sell everything that is not edible or help in some way to stay alive in an apocalyptic world, that will arrive on the wings of the final straw.


Anybody want to buy a used polo saddle cheap, how about the set of diamond encrusted soup ladle?....


but i'm keeping my sucker, damnit..

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