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Re: [RT] Bull to Bear - Another Bush Appearance..... PPT at work



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Not a major plus but the more these guys exhort their followers to extremes,
the more credibility they lose with the saner Muslim fundamentalists. That
said, it takes only a few thousand of these kooks to cause major problems
and free societies do not have the laws to round them up on suspicion
although the UK is further ahead in this regard than the US due to the IRA
problem. One hope is that the saner fundamentalists will become concerned
enough to expose the real extremists.

>From a market POV, I think these guys are going to cause enough problems to
keep the general population holed up ... not spending much money and
certainly not traveling.

Earl

----- Original Message -----
From: "David Jennings" <davidjennings@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, October 10, 2001 12:52 PM
Subject: Re: [RT] Bull to Bear - Another Bush Appearance..... PPT at work


> UK press is full of news of UK leader of muslim extremists exhorting
> followers to top Blair. However, this guy was on the radio from Middle
East
> saying he was misquoted, & that it should be government armies that top
him.
> Wouldn't be surprised to see a bit of bloodshed on our streets b4 too
long.
> One or two lessons to be learned from Pakistan methinks.
> ----- Original Message -----
> From: "Dorothy K. Carter" <dorothy.carter@xxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Wednesday, October 10, 2001 7:39 PM
> Subject: Re: [RT] Bull to Bear - Another Bush Appearance..... PPT at work
>
>
> > I HEAR YOU.. MAKES SENSE........   I pray  Blair will be safe.. he's
> hanging
> > out there pretty far ..... on our behalf..
> > ----- Original Message -----
> > From: "Earl Adamy" <eadamy@xxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Wednesday, October 10, 2001 2:34 PM
> > Subject: Re: [RT] Bull to Bear - Another Bush Appearance..... PPT at
work
> >
> >
> > > Not UN ... NATO which could have simply sent their AWACS to the Middle
> > East.
> > > I'd sure as hell prefer to have US Armed Forces protecting the
> "homeland"
> > > than NATO! These are supposed to be our very best allies who would
have
> > come
> > > to our defense had we been attacked by Russia ... they can't even
patrol
> > > over Afghanistan after we've shot the Afghan airforce and Air Defense
to
> > > hell. At least the Brits aren't afraid to fly with us ... I'd rather
> have
> > > the Brits protecting the "homeland" than NATO.
> > >
> > > Earl
> > >
> > > ----- Original Message -----
> > > From: "Lee Morris" <LMorris@xxxxxxxxxx>
> > > To: <realtraders@xxxxxxxxxxxxxxx>
> > > Sent: Wednesday, October 10, 2001 12:22 PM
> > > Subject: RE: [RT] Bull to Bear - Another Bush Appearance..... PPT at
> work
> > >
> > >
> > > > the UN awax will relieve the US awax so that the US can send thier
> awax
> > > > overseas. the US never planed to have to use 1/2 of thier awax overr
> the
> > > us
> > > > which is creating a shortage of AWAX overseas.
> > > >
> > > > -----Original Message-----
> > > > From: Dorothy K. Carter [mailto:dorothy.carter@xxxxxxxx]
> > > > Sent: Wednesday, October 10, 2001 2:04 PM
> > > > To: realtraders@xxxxxxxxxxxxxxx
> > > > Subject: Re: [RT] Bull to Bear - Another Bush Appearance..... PPT at
> > work
> > > >
> > > >
> > > > MY guess is we've rec'd some serious threats to the homefront... so
> they
> > > > have decided to get the AWAX here to patrol... I'm glad they are
> > here.....
> > > > remember   one of USA  AWAX planes crashed in Alaska about 2-3 yrs
ago
> > > when
> > > > Canadian Geese were sucked into the turbine engines........
> > > > ----- Original Message -----
> > > > From: "Earl Adamy" <eadamy@xxxxxxxxxx>
> > > > To: <realtraders@xxxxxxxxxxxxxxx>
> > > > Sent: Wednesday, October 10, 2001 1:59 PM
> > > > Subject: Re: [RT] Bull to Bear - Another Bush Appearance..... PPT at
> > work
> > > >
> > > >
> > > > > Ya gotta love NATO ... sending planes on the risky mission of
> > patrolling
> > > > US
> > > > > airspace instead of the safe mission of patrolling Afghanistan!
> > > > >
> > > > > ----- Original Message -----
> > > > > From: "Dorothy K. Carter" <dorothy.carter@xxxxxxxx>
> > > > > To: <realtraders@xxxxxxxxxxxxxxx>
> > > > > Sent: Wednesday, October 10, 2001 11:54 AM
> > > > > Subject: Re: [RT] Bull to Bear - Another Bush Appearance..... PPT
at
> > > work
> > > > >
> > > > >
> > > > > > Well there's Bush's 2nd appearance today and the mkt is not
> rallying
> > > to
> > > > > new
> > > > > > highs... maybe time is up?... He's been the man for over a
week...
> > > > > everytime
> > > > > > they marched him to the Rose Garden you'de  been squeezed if you
> > were
> > > > > > short.. hee hee
> > > > > > ----- Original Message -----
> > > > > > From: "Ralph Volpe" <rjv@xxxxxxxxxx>
> > > > > > To: <realtraders@xxxxxxxxxxxxxxx>
> > > > > > Sent: Wednesday, October 10, 2001 1:46 PM
> > > > > > Subject: Re: [RT] Bull to Bear
> > > > > >
> > > > > >
> > > > > > > Earl, I agree with certain parts of your post but I question
the
> > > > pattern
> > > > > > analysis. First, you are absolutely correct about the buyers not
> > > > > > > allowing the sellers to overwhelm them. However, I think
that's
> > more
> > > > of
> > > > > a
> > > > > > sublime seller technique to entice the bulls in, no different
then
> > > > > > > gently tugging the bait to get the fish to bite. As Dorothy
> argued
> > > > > several
> > > > > > days ago, if this is a bull reversal, then where's the volume.
> This
> > > > > > > rally really lacks enthusiasm, especially after the sharp
drops
> > that
> > > > > > occurred. You would think there'd be a lot more enthusiasm to
> bottom
> > > > fish.
> > > > > > >
> > > > > > > As for the bull flag, I can argue it's a pennant, but that may
> be
> > > more
> > > > > > semantics or a trader's preference. If it's a pennant, then
today
> is
> > a
> > > > > > > break, but I think this will fail and lead to prices below the
> > > > > formation.
> > > > > > If that happens, then my bull to bear conversion is on target,
but
> > we
> > > > > > > have to see. Also, a flag or pennant is arguable and can be
> > defined
> > > as
> > > > a
> > > > > > forth wave correction in a five-wave corrective pattern that's
> > > > > > > countering the WTC drop --- and today is the final fifth wave
> > higher
> > > > in
> > > > > > that corrective pattern. If there isn't significant
follow-through
> > > > > > > after today , this move is doomed.
> > > > > > >
> > > > > > > Ralph
> > > > > > >
> > > > > > > Earl Adamy wrote:
> > > > > > >
> > > > > > > > A bull flag should project at least 62% expansion of the
first
> > leg
> > > > > from
> > > > > > the
> > > > > > > > retracement low or 1147+-. Like you, I am very dubious about
> > this
> > > > > market
> > > > > > but
> > > > > > > > if that's a bull flag, it's bullish especially in
combination
> > with
> > > > the
> > > > > > > > outside reversal and taking out of two inside days so far.
The
> > > > > critical
> > > > > > part
> > > > > > > > is what happens if/when it gets back to the high because
it's
> > not
> > > a
> > > > > bull
> > > > > > > > flag without a significant move above 1087.50. The only
> > > significance
> > > > > of
> > > > > > the
> > > > > > > > retracement levels is to show that the retracement has been
<
> > 25%.
> > > > > > > >
> > > > > > > > My trading timing is suffering from 3+ weeks off so take it
> with
> > a
> > > > > grain
> > > > > > of
> > > > > > > > salt. One thing I have noticed most of the way up is that
the
> > > emini
> > > > > > sellers
> > > > > > > > (ask size) have tried repeatedly to overwhelm the buyers but
> the
> > > > > buyers
> > > > > > keep
> > > > > > > > absorbing inventory and moving it up. The other thing which
I
> > > > noticed
> > > > > > was
> > > > > > > > the unusual configuration of the reversal out of the
triangle
> > > > > formation
> > > > > > > > discussed here yesterday. From what I hear a) there were big
> > > orders
> > > > in
> > > > > > the
> > > > > > > > spoo pit this morning at the lows which drove the futures up
> > > driving
> > > > > the
> > > > > > > > cash up in turn and b) the ESF (Exchange Stabilization Fund)
> is
> > > > being
> > > > > > used
> > > > > > > > to <interfere with> <support> <manipulate> the market (take
> your
> > > > > pick).
> > > > > > > >
> > > > > > > > Earl
> > > > > > >
> > > > > > >
> > > > > > >
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> > > > > > >
> > > > > > >
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