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Is this the start of the Lundy Rally? If there is follow through on Monday morning, which seems likely, then we could get a 100 pt nasdaq rally very quickly. I think the bears are too smug and its time to run those stops, but we'll see.

"Tech" has become a synonym for "IT" or "computers" or "networking" in the past 10 yrs due to the personal computer revolution and the Internet. In the next 5 or 10 yrs that can all change. Nanotechnology didn't even exist ten years ago and now IBM is already making prototypes with it. Like...

That is for sure, true believers always wind up poor. George Soros is known for his ability to turn on a dime and freak out his colleagues. Warren Buffett, known as the master of conservative buy and hold value investing, was selling massive positions in the S&P 500 futures recently. They are...

There is one thing that nobody has touched on yet. The indexes are what we are talking about here and not the individual stocks. How many of the Dow 30 even existed in 1929? I think 1, which is GE. That is nearly a 100% replacement. And the Dow is the stodgy slow to change index. The same...

as a native of florida, and old enough to remember when florida was truly a southern state, I can tell you that one thing rednecks know how to do is kick ass and shoot guns. I say we give all the rednecks a free plain ticket to places all over the middle east and let them do their thing. That...

I would like to add the possibility that they are saying 10 seconds just to cover their ass in case things get delayed. 10 seconds is probably their guaranteed time and a maximum. After all they wouldn't say 10 seconds unless that was a conservative number, otherwise they might get sued. It may...

lundy just expresses his feelings. He is allowed to do that even if he is completely wrong. what scares me is that if he is really doing the things he is doing he is risking total blowout.

Guess what the p/e of Worldcom was on the day it blew up completely.....6 !!!!!!!! Did that make it a value ? Heck no! And you may say that it was just fraud, but you know what? even without fraud they were completely losing their butts. They didn't need fraud to go under. DON'T BELIEVE...

actually I hope they try something but get busted before they do it. That would demoralize them.

well hey, a blind man can see that general business conditions are bad and the longer term trend is down. But as soon as everybody thinks a rally is impossible it will happen.

if this lasts all week we are in for an ugly summer and an ugly economy too. With the market this weak it would be an ideal time for a terrorist attack also. This whole situation is starting to get scary. My optimism is fading fast along with the support levels. MAYBE THAT IS A CONTRARY...

well, all discussion aside, if they are going to manipulate and save the market from a crash they had better be in there doing it this week. If all the indexes close at their lows again today I don't see any support for a long way down. 8500 on the dow seems like a conservative target for a...

I recommend Tim Ord if you like to swing trade index options.

actually that sounds like a nice built in circuit breaker. If you are rapidly daytrading and losing your butt and your account equity dips below $25k then they start restricting you. Makes perfect sense to me, especially if you are fully margined ( 4:1) and 75% of the money at risk is not even...

that IB is sounding better and better, almost too good to be true. Anybody got anything negative to say ? If IB is great I don't know why anybody would go to a "pro" brokerage firm to risk their own money and have to pay desk fees and sit in a room full of other traders that can distract you.

it is an attempt to avoid huge stock drops created solely by short selling. It prevents massive piling on of bearish traders so that ultimately the investors have to sell out for the stock to really tank during the trading session. Bullets as I understand them are really an options strategy...

I got off track by taking quick profits on the stocks with good fundamentals ( gold stocks in this particular case ) and holding the tech stocks overnight for swings that never happened. That was just lack of discipline and is my own fault entirely. Can't blame the market or wcom or anything...

Just to give you a chuckle, I'll let you know that people were saying that wcom was a value stock because its P/E was and still is listed in many places as being in single digits !

so, where is the all that fed liquidity going ? The way I was taught in school is that it is all about the multiplier rather than just the actual amount of money. I think a lot of it is going to new bond issues which are being issued solely for paying off older bonds and to meet fixed...

Tim Ord was stopped out of his bullish play and says he doesn't know what's going on right now ( sign of an honest man ) but he still doesn't want to be short. The 5 day ARMS is high, the VIX is high. I however am not high ( unless you count nyquil ). Somebody ( probably that group ran by...