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  1. efficiency

    Plunge Protection Team working overtime

    The "controlled" descent is coming from the agendas of specialists on the 30. The distinction being inventory posture, yet to mature omnibus accounts, and factors you would diminish in importance such as voting power of shares. Mucho aggregate moola involved versus...................PPT...
  2. efficiency

    Plunge Protection Team working overtime

    Santa, the Easter Bunny, the Good Tooth fairy, Peace on earth, beneign inflation, full employment, and eternal youth don't, but the PPT does. Enacted in March 1988. Seen the legislation. Covert. Curbs (explicit to appease the public) introduced roughly the same time. But PPT is not...
  3. efficiency

    DOW ETF Short?

    Whoa..................................I have to comment on this. Particularly since you initated the thread. 1. You've been holding a losing position ALL year? There are times to sacrifice a pawn or two for a rook, but there also comes a point to draw the line. 2. You were going to ADD...
  4. efficiency

    Ignored sector will have it's day soon...

    Cash flow is all good and fine for officer salaires, meeting payrolls, fixed asset acquistions, and demonstrating capacity to lenders, but it doesn't move paper. And..............the PTT's paper's already moved. 12-bagger, since cut in half, and with minimal price history. Price to revenue...
  5. efficiency

    Breakout Massive Base ELON Buy Me!

    Whaddya know, closed at $30. Not $29.99 nor $30.01. What a coincidence. Or.............is it the human element? Nice big fat round number. There are orders sitting above there. Both sell limits since round numbers are natural profit taking points. But also buy stops from momo's buzzing at...
  6. efficiency

    CRNT and TBSI-30% per month

    Yep, it's running. For the moment. Virgin territory. Problem is, insiders don't have their money where your's is. Inconsistent with both lofty salaries and fiscal performance. I seem to remember playing musical chairs in grade school. Are the ingredients there for a parabola? More...
  7. efficiency

    PROOF that the entire Mortgage industry is infested with scum

    Well, I'll agree with you on Longhorns. However, you and I don't see quite eye to eye on insider sales. You slant things to give the appearance that insider sales are "unique" and dramatic to CFC. CFC's been in a distribution top for 4 years. Broke trend long ago and churning (albeit...
  8. efficiency

    Breakout Massive Base ELON Buy Me!

    1 PM CST. 2 hours to the bell. What was -6% is presently + 10%. Gosh, I guess it musta been an inventory pinch. More importantly, it's pierced the $30 level.
  9. efficiency

    CRNT and TBSI-30% per month

    Appreciated? Are you sure? CRNT, in markup. Having bought it at $6 or single digits would have been "luckier". $2 even better. TBSI, for me, price history too brief to draw a conclusion. Tankers/freighters domiciled in Bermuda isn't too unique. Yet officer salaries are ambitious as...
  10. efficiency

    What kind of drawdown percentage is reasonable to you ?

    Aside from long OR short, one can trade in different styles or for different reasons. For example quick trades (in my case Low day 1 to High day 2) to cover overhead, yet take on positions with longer horizons for capital formation. Acceptible drawdown should probably be a function of an...
  11. efficiency

    Breakout Massive Base ELON Buy Me!

    Off to a great start. Down 6% Modest gap. Musta been an order imbalance. Couldn't have been anything to do with inventory.
  12. efficiency

    Sell CountryWide!!!

    My ego? I didn't start the thread. Nor did I initially approach you. IF you sold, then you're flat. Then.........WHY are you here? Pat yourself on the back in the absence of anyone doing it for you? 500%? Yesterday it was 400%. Last week 100%. In fact, it was 100% after the first...
  13. efficiency

    signs, signs everywhere a sign - DAKT

    It does? It's at support. Safe. Cozy. A ways from a valid breakout. Your notion about volume is a little mis-guided. Safety in numbers is a primal instinct. The bell curve. Somebody(s) feeding all that's wanted. And feeding it at support. Not holding out for HIGHER prices...
  14. efficiency

    Motivational Quotes for Traders

    Folklore isn't just Paul Bunyon, Daniel Boone and Davey Crockett. There's a distinction between trading skill/money management versus 10% margin, no upticks, outside capital, acts of God, press releases, and insider information. For clarification, here's a sketchy chronology: By 1900...
  15. efficiency

    Tenet gets taken to the wood shed

    Maybe. Looks to me like a half decade of Chinese water torture to shake out low hanging fruit in a NYSE stock. Principal shareholder is on the Forbes 400. I wonder how he got there. You'll note the big move south (punctuated with a gap to serve as a moat) in late 2002. That's where...
  16. efficiency

    Breakout Massive Base ELON Buy Me!

    Half hour to the bell. 12% is now presently 21% for the day. Unfortunately, such a move brings bugs to the porchlight. So, after a decent open tommorow, I'll most likely have to grit my teeth until the bugs are zapped. To quantify things. The orginal poster snagged 6 points in a brief...
  17. efficiency

    ebay

    Foremost I have NO position. Did in 2005. Long time ago? Matter of perspective. I attached a chart in the "grand scheme" of things, suggesting there are better trades out there. Sailient point missed. Predator/prey arena needs a lot of prey to feed the machine. One avenue is...
  18. efficiency

    2:15pm

    "Rate" cut? "Rate" increase? "Rate" unchanged? Rates are STILL at a generational low. Banks don't borrow Fed Funds. Either from correpsondents or repo's. Latter, priced at what the market bears. Federal Reserve only influences the short end of the yield curve. Nuthin' but moral suasion...
  19. efficiency

    ebay

    Earnings? In January 2005, they had a penny shortfall to consensus. Consequently a 15 point gap down, and one of the better shorts I've had. (Doral was the best). 1. Could they have made their number had they "wanted" to? Merely a penny. 2. WHO feeds the analysts to arrive at...
  20. efficiency

    Breakout Massive Base ELON Buy Me!

    It's noonish. Up 12% (subject to change). No recent resisistance, aka half decade high. Virtually everyone long has a profit (to varying degrees). Anemic volume. This is good. Little for sale. Focal point, oh.............about $32.68. At that juncture, pretty much clear sailing.
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