Comments on: Total Bailout Cost = $23.7 Trillion Dollars

By: I-Man

I-Man — Tue, 21 Jul 2009 22:40:39 +0000

Firin up some smoke signals n0w mon… ya must be psychic. Ta ras.
Nah… seriously…

I hear ya, its an infrequent thing that we just do to not clog up the current discussions.

Point taken.

By: Swampfox

Swampfox — Tue, 21 Jul 2009 22:13:22 +0000

No bother. Have you thought of smoke signals?

By: cvienne

cvienne — Tue, 21 Jul 2009 22:09:27 +0000

@Swampfox

We were working on carrier pigeon, but I-Man is in the pacific NW & I’m in the Mid-Atlantic so it wasn’t feasible…

By: I-Man

I-Man — Tue, 21 Jul 2009 22:04:47 +0000

Is it bothering you or something? Or do you want in? Because we’re pretty pretentious… not sure you qualify bro-

By: cvienne

cvienne — Tue, 21 Jul 2009 22:04:08 +0000

OK I-Man…

I gotta bounce too…

I’m still working on different ideas…I think the KEY is going to be the dollar…It looked like it wanted to try and rally today but in the end didn’t do much…

I’m worried about a last 5 wave down in the dollar (which is why I’m hesitant to short stocks just yet)…When I see the final move on the dollar, I’ll be back in full force…

Lata brah

By: Swampfox

Swampfox — Tue, 21 Jul 2009 22:03:42 +0000

Have you two thought about IM, e-mail, or phone? Just throwing it out there.

By: I-Man

I-Man — Tue, 21 Jul 2009 22:03:10 +0000

I’m beginning to think you’re right… this could possibly be a minor bear trap within a much larger bull trap.

But honestly… I think there are too many I-Man’s out there hoping to cover at 910 for us to ever see 910. The sharks smell the blood, and its too easy to goose this tape right now.

I’m beginning to be haunted by murmurs of “never short a dull market… you idiot.” Your “if you were short at 930 then you should have covered today” missive from last Monday I think it was is going to live in infamy… in I and I dome anyhow.

Cool runnings to you.
Peace,
I-Man

By: I-Man

I-Man — Tue, 21 Jul 2009 22:00:10 +0000

Gotcha. Just checking in. I actually have to bounce… but thank you. I need to go over some stuff tonight, hopefully I can come up with something good for tomorrow. I’m thinking a wee dram of scotch should help spark the noggin.

By: cvienne

cvienne — Tue, 21 Jul 2009 21:59:08 +0000

Here’s kind of what I think…

I’m working on the notion that anyone expecting a pullback to 900 is going to be disappointed…

I’m more in the “consolidation” camp…Hang around here at 956 and let the bottom lines catch up…

I’m looking for a 930-989 range to become established…(a temporary one)

By: cvienne

cvienne — Tue, 21 Jul 2009 21:56:16 +0000

No…just chillin’…

When we went over 931 last week, I saw 956 in the cards so I bailed on EVERYTHING until further notice…

We hit 956 today (a little above)…I’m not even convinced that a pullback is imminent here…In fact, I’d made a small prediction this morning that we’d look at 943 (and I think that where we hit intraday…