johnpaulca
12,036 posts
msg #54926
- Ignore johnpaulca |
9/19/2007 8:56:08 AM
I am not a gold bug, but sure glad I loaded up on gold two weeks ago. Lots of pressure on the U.S dollar.
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heypa
283 posts
msg #54931
- Ignore heypa |
9/19/2007 12:18:05 PM
Karen. What's so special about BIDU? It's not even a 6 months triple with a chart that could indicate either a blow off top or a little ahead of itself continuation pattern.The one day at a time approach is more reliable than longer term predictions. IMHO
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karennma
8,057 posts
msg #54933
- Ignore karennma |
9/19/2007 1:15:14 PM
Ok heypa!
Whenever I say, "THAT STOCK IS NEVER GOING DOWN" .... it's time to SELL!
I posted yesterday, BIDU will NEVER see $250 again.
Excessive enthusiasm is my sell signal.
:>)
(Alan Greenspan would call it, "irrational exhuberance")
LOL!
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karennma
8,057 posts
msg #54934
- Ignore karennma |
9/19/2007 1:38:59 PM
everything's going down now.
the party's over.
thanks for the invite, Uncle Ben.
it was fun while it lasted.
i'm outta here!
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petrolpeter
439 posts
msg #54936
- Ignore petrolpeter
modified |
9/19/2007 2:21:07 PM
Bout an hour or so ago plugged in DXD,SDS,QID,TMM,MZZ,SRS to watch the fade.All +1% already.Did you take BIDU short?BIDU was all over my screens this week and did look like '99'!
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karennma
8,057 posts
msg #54937
- Ignore karennma |
9/19/2007 3:03:01 PM
No, I didn't.
The in-the-money puts were too expensive.
I'll just wait it out.
I still have SRS & TWM as my back-ups.
At some point, I'm sure I'll make $$ on SRS.
Not sure about TWM, as I believe Cramer is correct on the rate cuts.
I believe Bernanke will do 2 more cuts if the market gets in trouble.
RIMM & BIDU may be down the rest of the week.
Just a hunch.
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karennma
8,057 posts
msg #54938
- Ignore karennma |
9/19/2007 3:06:47 PM
curmudgeon
curmudgeon 9/18/2007 9:33:36 PM
Bidu has 2 things about it. 1) It's in China....good chance the boys on the street are gonna teach our new capitalist "friends" a lesson one day. 2) It's a search engine... web 2.0 is cooked.
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#1 - How timely. I think that "lesson" started at noon.
#2 - web 2.0 is cooked? what does that mean?
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karennma
8,057 posts
msg #54939
- Ignore karennma |
9/19/2007 3:16:11 PM
petrolpeter
petrolpeter
modified 9/19/2007 2:21:07 PM
Bout an hour or so ago plugged in DXD,SDS,QID,TMM,MZZ,SRS to watch the fade.All +1% already.Did you take BIDU short?BIDU was all over my screens this week and did look like '99'!
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Those B@#&$#!s.
How $#!TTY of them to do this right before options expiration.
That really pisses me off!
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nikoschopen
2,824 posts
msg #54940
- Ignore nikoschopen |
9/19/2007 4:18:24 PM
A few uninteresting observations...
1) I dunno about this guy, but I think Bernanke got himself into deep sh*t. If the dollar collapses, it's going to spill over into the bond market (and there's the rumor that China might dump the Greenback in the open market). And where will all that leave the poor subprime borrowers?
2) Did Greenspan's recent doom and gloom rant about how this great land of delusional optimistst full of Cramerites is on the verge of bankruptcy actually spook Bernanke? Why did Ben change his monetary outlook from fighting inflation to now fighting recession since his old boss made that halfass Freudian slip? (But isn't it ironic that Greenspan has the balls to say such a thing when he himself is the real culprit behind the subprime debacle? What a joke!)
3) While Greenspan was a man of surprises (no surprise in that), Bernanke is now confirmed as a man of downright predictability. Greenspan's motto: Give the market what it might ask for. Bernanke's motto: ("Crap, Bush and his cronies are all over my back." Ggrrrr!) Oh, hell, just give them what they beg for―and do they know how to beg, hehe.
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karennma
8,057 posts
msg #54943
- Ignore karennma |
9/19/2007 5:39:44 PM
johnpaulca
johnpaulca 9/19/2007 8:56:08 AM
I am not a gold bug, but sure glad I loaded up on gold two weeks ago. Lots of pressure on the U.S dollar.
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Reminds me of something that happened to me 6 years ago. I'll never forget it.
After the 1999-2000 crash, I'd lost a rather large sum of money.
I was desperate to "make my money back", so I flew all over the country attending a lot of seminars, subscribing to newsletters, etc.
While attending a seminar in Las Vegas, I signed up for a lecture given by Martin Weiss.
During the lecture, I'd raised my hand and asked a question about gold.
For the life of me, I can't remember what the question was. LOL! BUT, nevertheless ... here's the rest of the story.
After the lecture, an old man came up to me and introduced himself.
He said he was so glad I'd asked the question about gold because no one wanted to talk about gold.
The entire week-end I kept running into him. All he talked about was "gold".
Everywhere I went, there he was. "Gold this and Gold that". Geez! He drove me nuts!!!
That was 2001. Gold was about $275.
The day I left Las Vegas, he saw me in the lobby waiting for a cab.
His last words to me were, "don't forget ... Gold is going to $1000".
I got into the cab, thinking to myself, "what a weirdo".
This is 2007.
Where did Gold close today?
:>)
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