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User Info Trading For The Lazy And Ignorant in forum [Ticker]
Genesis
Posts: 66463
Incept: 2007-06-26
A True American Patriot!
Royal Flush!
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http://market-ticker.org/archives/1191-T....

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I used to play flute; I wonder if I can play a fife?
I incite prosecutors to create "Bubba Sausage Parking Lot" projects
Darrell Issa has a middle finger and knows how to use it - Me
2009-07-08 11:50:20
Mtgspy
Posts: 5860
Incept: 2007-10-27
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Wow, a frontal assault - wonder what woodshedder feels in his ass right now?

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You kill them all! - Genesis
2009-07-08 12:01:51
Glock36
Posts: 327
Incept: 2009-06-03
Banned
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The other night that bull**** artist was discussing the POSITIVE aspects of the U.S. Employment report, as only HE could present and other have failed to do so - it was a riot watching his technology fail at every touch of the screen - and never once mentioned the Birth/Death Model additions.

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Black Helicopters Are Like ****roaches, You Never Find Just One
Glock36's Law: Murphy Was An Optimist
When You Find Yourself In A Hole, Don't Look Out Until You Identify The Type, As It Could Be A Foxhole
The Greatest Enemy Of Knowledge Is Not Ignorance, But The Illusion Of Knowledge - Dr. Hawking
2009-07-08 12:13:08
Bigcat
Posts: 1523
Incept: 2008-09-10

Nice, France
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good one. this crap must be stopped

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"When the goal shifts to simple survival for the Fed their goals will change drastically and their strategy will adjust accordingly...Like Congress, the Fed will throw its "allies" under the bus when they become a political liability. Look at Mozillo now! " Sushihorn, 07/09
2009-07-08 12:14:31
Pika-steph
Posts: 37242
Incept: 2007-09-11
A True American Patriot!
^Why I keep^ fighting; so he is not fighting for nothing.
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Who Kneal or Woodshedder?

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Stop the Looting; Start Prosecuting - http://www.FedUpUSA.org

"America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards."

2009-07-08 12:14:32
Genesis
Posts: 66463
Incept: 2007-06-26
A True American Patriot!
Royal Flush!
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Pika: Kneale - he couldn't get his "electroboard" to work. It was funny in a sad way, kinda like watching a retard try to figure out how to work an elevator.

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I used to play flute; I wonder if I can play a fife?
I incite prosecutors to create "Bubba Sausage Parking Lot" projects
Darrell Issa has a middle finger and knows how to use it - Me
2009-07-08 12:15:35
Pika-steph
Posts: 37242
Incept: 2007-09-11
A True American Patriot!
^Why I keep^ fighting; so he is not fighting for nothing.
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Oh jeez. I swore of CNBC other than for 8:30 am Rick Santelli data release...

That's just sad. Really.

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Stop the Looting; Start Prosecuting - http://www.FedUpUSA.org

"America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards."

2009-07-08 12:17:31
Themortgagedude
Posts: 3343
Incept: 2007-12-17

saint louis
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Isn't Woodshedder someone who posts on this board too? Using another name. I know I've seen his f'n mullet over here.

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Since September it's just gotten colder and colder. There's less daylight now, I've noticed too. This can only mean one thing - the sun is going out. In a few more months the Earth will be a dark and lifeless ball of ice.
2009-07-08 12:19:39
Genesis
Posts: 66463
Incept: 2007-06-26
A True American Patriot!
Royal Flush!
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He has an account under that name here.

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I used to play flute; I wonder if I can play a fife?
I incite prosecutors to create "Bubba Sausage Parking Lot" projects
Darrell Issa has a middle finger and knows how to use it - Me
2009-07-08 12:20:33
Phantomace
Posts: 1525
Incept: 2009-03-16

Las Vegas, NV, and your screen
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TMD:
He uses a close-up of the face of the guy in Joe-bob's avatar, IIRC.
Dunno who the pic is of though, or what the connection.

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"That was a little trick I call math. Oops, now I'm not emotionally invested..." - Dilbert
The only good thing I have to say about Barney Frank is at least he's not breeding...
2009-07-08 12:22:18
Pika-steph
Posts: 37242
Incept: 2007-09-11
A True American Patriot!
^Why I keep^ fighting; so he is not fighting for nothing.
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You're mixing him up with Joe-bob, TMD. They are NOT the same person. They just happen to use the same avatar picture.

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Stop the Looting; Start Prosecuting - http://www.FedUpUSA.org

"America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards."

2009-07-08 12:22:32
Themortgagedude
Posts: 3343
Incept: 2007-12-17

saint louis
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I think its a double reverse sock puppet.


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Since September it's just gotten colder and colder. There's less daylight now, I've noticed too. This can only mean one thing - the sun is going out. In a few more months the Earth will be a dark and lifeless ball of ice.
2009-07-08 12:24:21
Markjw
Posts: 91
Incept: 2008-10-01
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"The sad part is that they will probably find people who are dumb enough to get screwed not once, but twice,... "

Maybe they can get a hold of Madoff's client list?

2009-07-08 12:36:06
Curbyourrisk
Posts: 1617
Incept: 2008-08-19
Long Island, New York
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Gen: You mention the credit recession vs. the inventory recession, as you have in the past. Based on the business I am in....import/export, we see balance sheets of thousnads of private companies every year. I for one am a big believer that we are currently facing BOTH tyoes of recessions simultaneously, which in turn will make this recession even worse, just about gauranteeing a depression. Although the management at my Japanese owned company do not see it my way, this scenario is nothing they are not used to already. What is your take on the idea of facing both recessions at the same time? And if so....how does it effect the recovery (well...eventual recovery)?


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Hopium: hope filled delirium preached by the White House and Swallowed whole by the American Sheeple.

"We saved the world from disaster" - Ben Bernanke - Jackson Hole 08/21/2009
2009-07-08 13:14:59
Genesis
Posts: 66463
Incept: 2007-06-26
A True American Patriot!
Royal Flush!
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A credit recession IS an inventory recession with credit on top.

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I used to play flute; I wonder if I can play a fife?
I incite prosecutors to create "Bubba Sausage Parking Lot" projects
Darrell Issa has a middle finger and knows how to use it - Me
2009-07-08 13:15:43
Wisc-xc
Posts: 4479
Incept: 2007-07-14

outside chicago
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Gen, An excellent rebuttal to Wood****ter's bull****. His debating tactic was dishonest from the get go. He took the Ticker out of context, and in hindsight even got that part of his red herring wrong. He owes you a public apology.

2009-07-08 13:18:07
Sakete
Posts: 313
Incept: 2009-04-29
Netherlands
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Great article. I especially like the part about technical analysis and how you talk about putting it on 'context'. Which I completely agree with. I for one like to combine my TA with cycle analysis (for a view of the major-direction, 'north' or 'south':)) and macro-economic conditions (for a broad view of the economy, basically the 'context').

But very nice and methodical rebuttal :) I like people who use their mind to think properly! Keep up the great work Karl!

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Time is the most important!
2009-07-08 13:29:11
Dji
Posts: 554
Incept: 2009-04-21

orange park
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wonder if wood****ter is doubling down for more pain?
personally I am enjoying watching the ICE melt the last few days.

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What goes up Must come Down- Alan Parsons Project
THE TRUTH HURTS! -Dji

Last modified: 2009-07-08 13:33:44 by dji

2009-07-08 13:32:00
Marketman1012
Posts: 30
Incept: 2009-04-25
NY
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Hey Karl,

I was a little confused of your perspective on the SPX

You're looking for a move down to fib levels, then a bounce to the neckline?


Commodities look really dead too, i think that just adds more validation to your thesis. They probably had the same leverage game as stocks.

2009-07-08 13:47:56
Genesis
Posts: 66463
Incept: 2007-06-26
A True American Patriot!
Royal Flush!
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Market, I'm actually following a channel right now - if you watch the nightlies (you don't have a gold star :)) you'd have seen that for the last few days. When it violates that will mark the time of the correction.

On TIME the best fit for this is around the 14th, but those are crayon markers, not bright lines. It would be unusual but not unheard of for it to come this early (e.g. today.)

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I used to play flute; I wonder if I can play a fife?
I incite prosecutors to create "Bubba Sausage Parking Lot" projects
Darrell Issa has a middle finger and knows how to use it - Me
2009-07-08 13:49:40
Robert17
Posts: 63
Incept: 2009-03-15
Judsonia, Arkansas
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Karl, where do you access information on the NYSE credit and margin debt table?


2009-07-08 14:01:20
Sakete
Posts: 313
Incept: 2009-04-29
Netherlands
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Speaking from a cyclical perspective, a significant low shouldn't be formed until somewhere between early to mid august. A 22-week intermediate-term cyclical low will probably be placed somewhere within that timeframe. Until then stay short, but when you get close to that period, start dancing close to the exits...

Disclaimer: there's always the possibility that another scenario might play out.

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Time is the most important!
2009-07-08 14:10:50
Sewerduck
Posts: 72
Incept: 2009-03-18
Norman, OK
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What do you make of the explosive bond action today? Makes me think the market "bounce" at the end of the day is BS.

2009-07-08 18:42:39
Quik49
Posts: 2295
Incept: 2007-12-11

out yonderway
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Now I get it...all this talk about a woodshedder...thought it was something to do with Bernak's ass or something.....thats what I get for going to Montana fishing.

Nice mullet....lol, lordy, I wonder what that guys account looks like now...excellent salvo KD!

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Potter's not selling, he's buying;
2009-07-08 19:30:46
Ponzi_unit
Posts: 4155
Incept: 2007-09-05
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I'm surprised at the mention of 20 percent short. On the 1-10 Genesis scale is that just shy of shorting the phone book?

Add: Sakete, come to the technical analysis forum any time and share the cycle stuff if you care to. I have August 4th as a cycle low but only in my most bearish projection.

Last modified: 2009-07-08 20:42:20 by ponzi_unit

2009-07-08 20:38:37
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