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VIX of 50+ ? Close enough.
I can hear the chant in the pits now....
"It's all over, it's all over, it's all over......"
Die shorts, die.
Exception: AOL. Looks like they are going to zero.
> -----Original Message-----
> From: prosper1000 [mailto:brente@xxxxxxxxxxxx]
> Sent: Wednesday, July 24, 2002 11:21 AM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: [RT] Re: Dollar rumors : was astrology
>
>
> Hey Simms, wasn't it you that said that "it will all be over before
> August". If so, do you still think so?
>
> B.
>
> --- In realtraders@xxxx, "M. Simms" <prosys@xxxx> wrote:
> > Dollar shorts got absolutely CRUSHED today.....rumors of FED
> action......
> > still more rumors swirling...
> > S&P shorts now on "short" notice with "men in black" soon to arrive
> in
> > Chicago.
> >
> >
> > > -----Original Message-----
> > > From: chrischeatham [mailto:nchrisc@x...]
> > > Sent: Tuesday, July 23, 2002 3:30 PM
> > > To: realtraders@xxxx
> > > Subject: [RT] Re: astrology
> > >
> > >
> > > My work suggests that the dollar likely bottomed on friday against
> > > most majors...for a few months anyway...may need one more minor
> low
> > > vs yen.
> > >
> > > Also of note...I see a potential major low in dow utilities
> > > today...this has been the worst month for them since 1940, btw.
> > >
> > > chris
> > >
> > > --- In realtraders@xxxx, profitok <profitok@xxxx> wrote:
> > > > this is from a famous web site
> > > > Please note: This is not the same as our service
> > > titled "Weekly MMA Comments and Recommendations on Financial
> > > Markets," which is available by subscription only.
> > > > MMA COMMENTS FOR THE WEEK
> > > > BEGINNING JULY 22, 2002
> > > >
> > > > On Friday, July 19, as the Sun conjunct Jupiter and the
> Moon
> > > entered Sagittarius (the sign which Jupiter rules), the Dow Jones
> > > Industrial Averages closed down below the 8062 low of September
> 21,
> > > 2001. For the day, it was down 390 points. For the week, it was
> down
> > > 565 points. For the month, it is now down 1224 points – and there
> are
> > > still nearly two weeks to go.
> > > >
> > > > For the past several weeks, this column has discussed the
> > > possibility of a financial panic involving both the U.S. Dollar
> and
> > > the stock market. The period of time between Mars conjunct Jupiter
> > > (July 3), Sun conjunct Jupiter (July 19), and Sun conjunct Mars
> > > (August 10) was seen as period of potentially huge price moves in
> > > equity markets around the globe. Traditionally one might have
> > > expected this to be a period of a huge rally in stocks. But as
> > > pointed out, it could also result in a huge move down instead – in
> > > fact, a financial panic – as the nature of Jupiter is to
> exaggerate
> > > and enlarge. It is not always positive and optimistic. It can also
> > > develop into hysteria and a free fall. And that is exactly what is
> > > happening.
> > > >
> > > > Also, as stated last week, a severe decline in prices is
> not
> > > likely to end until the Leo-Aquarius full moon period, which
> occurs
> > > this week, July 24-26. That is likely to be a climax of some type,
> > > maybe even the final climax (but not necessarily).
> > > >
> > > > There are a multitude of geocosmic signatures still to
> unfold
> > > in the next 3-4 weeks. Besides the full moon this week, we also
> find
> > > Venus (currency) square Pluto (debt, bonds) on Wednesday, July 24.
> > > With the full moon, this could augur more bad corporate reports,
> or
> > > negative news about fraud and improper corporate accounting,
> which is
> > > not exactly what the market needs to hear right now. But it is
> > > exactly what the market might need to set off a final panic. Next
> > > Sunday, July 28, Mars will oppose Neptune, which isn't exactly a
> > > signature inclined towards honesty and openness. To the contrary,
> it
> > > may reveal an effort to distract attention from what is really
> > > important and accurate. It could also correlate with rumors and
> oil
> > > spills. How will it play out in the equity markets of the world?
> > > Possibly with a sense of denial and paralysis on the part of
> > > investors, who just refuse to believe what their eyes are seeing.
> It
> > > is a signature that might suggest capitulation (every one trying
> sell
> > > at once, and nobody believing the empty assurances of government
> > > leaders that "the economy is sound, the markets are over-
> reacting").
> > > It doesn't appear much better the following week, as the Sun then
> > > opposes Neptune on Thursday, August 1, followed by Venus square
> > > Saturn on Friday, August 2. After that, things might look up, as
> we
> > > move towards the Sun conjunct Mars. This signature alone (within
> an
> > > orb of 8 degrees) has probably a greater rate of frequency to 10%
> or
> > > greater reversals in stock prices than any other signature
> involving
> > > planets inside the orb of Jupiter. But the question remains: from
> > > what level?
> > > >
> > > > As dangerous as things appear in the next 3-10 trading
> days,
> > > investors and traders alike should keep in mind that this decline
> is
> > > due to end. 1-2 weeks is not that long of a time. And, with the
> > > promise of a 10% or greater reversal to follow, it behooves
> > > courageous traders to be alert for rather profitable trading
> > > opportunities coming up shortly. It may be even better than just a
> > > trading opportunity, for the U.S. stock market is also in the time
> > > band for a primary, 50-week, and 4-year cycle trough. If it is
> just a
> > > primary cycle, then the rally that follows may only be around a
> 10%
> > > correction, and may only last 2-5 weeks. But if it is a 4-year
> cycle
> > > too, then the rally may last several months, in which case many
> > > analysts will proclaim a new bull market to be in force,
> something no
> > > one is predicting now. If the 4-year cycle doesn't bottom with
> this
> > > primary cycle in the next 1-2 weeks, then I believe it will with
> the
> > > one due after this, due in about 3-4 months.
> > > >
> > > > ----------------------------------------------------------------
> ----
> > > ------
> > > >
> > > > To read the previous issue click here.
> > >
> > >
> > >
> > > To unsubscribe from this group, send an email to:
> > > realtraders-unsubscribe@xxxx
> > >
> > >
> > >
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> http://docs.yahoo.com/info/terms/
> > >
> > >
>
>
>
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>
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