Detoxing the Markets: Bears Still Look Hungry

Source: www.thestreet.com ^ | 07/16/2002 | By Peter Eavis

[Securo]

Just maybe this stock market is Bin Laden's latest terrorist act. It would be really informative to know exactly who has made money in the market after each new announcement of possible terrorist threats. Personally I think that the government should intervene in the process of "going short." The difficulty of borrowing stock should be increased greatly, and much greater reporting of each short transaction should be required. It seems obvious to me that the market could be shorted down from its present levels down to almost nothing in the event of a massive terrorist strike against this country!!

[Dog Gone]

Show this chart to your friends who doubt the increase of our money supply.

[bvw]

While taking breaks from looking for gaps in resumes?

Doncha think that every other trader is trying to do the same thing, since markets were created?

[steveegg]

How about "Bears still gorging themselves"? Dow down 184, S&P down 10, NASDAQ down 4.

[steveegg]

Are you sure they aren't "L" trains?

[steveegg]

You're better off with French Dip and some chips to go with it.

Dow -170
NASDAQ -5
S&P 500 -11

[cibco]

"How about "Bears still gorging themselves"? Dow down 184, S&P down 10, NASDAQ down 4.

To: cibco You're better off with French Dip and some chips to go with it. Dow -170"

I am refering to the afternoon run up just before close. ;0)

[steveegg]

The question is will the PPT have it in them two days in a row?

Dow -230
NASDAQ -6
S&P -14
(latest numbers from FoxNews.com, which seems to be much faster than CNBC's website today)

[headsonpikes]

"Buy-high-Sell-low bump."

I've taken your advice before, and it's never worked for me. ;^)

RE the Money Supply Question....

I think you can never have too much money. Like Huey Long said,'Every man a millionaire and a chicken in every pot'.

And need I remind you, the Huey Long Democrats are making a comeback. ;^)

[cibco]

Let's watch and see... maybe we can start a daily PPT pool and have a chance to get RICH!

Remember that somedays they stay on the sidelines to make it look honest. We could place side bets on if they did or didn't.

[steveegg]

It's an artificial comeback, just as artificial as the market from 1998-2000.

Dow -120
NASDAQ flat
S&P -14
(Numbers as of 9:58 am CDT) The PPT is breathing a sigh of relief.

[steveegg]

Count me in. I'll say that it won't be necessary today.

[Willie Green]

Derailing the Market Maglev Train bump.

I Fell Into A Burning Ring Of Fire
I Went Down, Down, Down
And The Flames Went Higher

And It Burns, Burns, Burns
The Ring Of Fire
The Ring Of Fire

[steveegg]

Great song. I wonder if S(l)ick Willie and Alan Greenspan will be singing it on their way to their final destination <VBG>.

As of 10:08 am CDT...
Dow -23
NASDAQ +3 (that's right, positive territory; time to bail :)
S&P -12

[Lazamataz]

Oh yeah? Well, I shot a man in Reno, just to watch him die!!!

[headsonpikes]

I think Willie just needs some Preparation H.

They're still looking for you in Nevada, Laz; I'd keep my head down. ;^)

[Lazamataz]

I think Willie just needs some Preparation H.

Burning ring of fire!!!! Preparation H!!!!

LOL!!!!

Good one!

[headsonpikes]

Thanks. I'll save all of my most obvious humor for you!

[Lazamataz]

To me, subtlety is a two-by-four into the face.

Not-subtle is when you swing it so that the 3" two-penny nail imbedded therein sticks out.

[headsonpikes]

OW!!