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Sapiens
08-03-07, 04:16 PM
Ah, nothing like payday. Life is good! Cheers to you that know simple arithmetic, just don't get too greedy.

Regards,

-Sapiens
Tet
08-03-07, 04:35 PM
Ah, nothing like payday. Life is good! Cheers to you that know simple arithmetic, just don't get too greedy.

Regards,

-Sapiens
You holdin some Rydex today?? If you were in on their double down short NASDAQ fund today then you are a god. A very rich god. Even BEARX is selling finally at last years high. I remember paydays, it's been a long time ago though, I've been living on an allowance now for 19-years.
Sapiens
08-07-07, 08:55 AM
Tet,

I wonder who is the black hole that is doing all the buying after 3PM.

-Sapiens
Tet
08-07-07, 09:14 AM
Tet,

I wonder who is the black hole that is doing all the buying after 3PM.

-Sapiens

Those my friend aren't buyers, that's what happens when the shorts start to cover. Nothing I hate more than holding my short into the next day.
Sapiens
08-07-07, 10:29 AM
Those my friend aren't buyers, that's what happens when the shorts start to cover. Nothing I hate more than holding my short into the next day.

Tet,

This is more than short covering, I suspect someone is hidding within the herd providing artificial support. My question is, what is the big event they are trying to stall...?
Tet
08-07-07, 11:55 AM
Tet,

My question is, what is the big event they are trying to stall...?

My view is they are trying their best not to be left at the dock by having missed the boat. My read is the market heads higher, nobody wants these green pieces of paper any longer and there's not much they can do to get rid of them. I'd say buying stocks is one of the only ways to dispose of d0llars for the foreign holders, repatriation of d0llars hasn't even gotten started yet. Market is acting like they want the little guy out, not the little guy in. Who knows, maybe the invisible hand you're seeing is one of the hundreds of Hedges short the market, the downside to being a Hedge short the market and not the Fed short the market is eventually a Hedge has to cover. Market might be off close to 10% in the last week, but it's still up close to 30% for the last year and the Hedge that covers is underwater when he does. My view is they're trying to stall the markets rise not the other way around.
Rajiv
08-07-07, 03:46 PM
I wonder who is the black hole that is doing all the buying after 3PM.


Look at my response (http://www.itulip.com/forums/showpost.php?p=12993&postcount=4) in Dow Dissonance