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HOW ABOUT GOOD OLD FASHIONED MANIPULATION + THE PPT? In
answer to Ben being baffled. (Me too.)
chas
-----
On Mon, 10 Dec 2007 16:38:15 -0500
Ben <profitok@xxxxxxxxxxxxx> wrote:
> hello
> this asumes , european ,japan ,and other countries ,has
> trust in our banking ,and in our stocks,
> , us dollar is decreasing 15 years,
> stocks in us must do twice as good, in order for the
>time of sale, to compansate for the money returnning to
>other countries??
> Ben
> ----- Original Message -----
> From: grehert
> To: realtraders@xxxxxxxxxxxxxxx
> Sent: Monday, December 10, 2007 4:24 PM
> Subject: Re: RE: [RT] Trading Diary: False Breaks Warn
>Of A Market Top
>
>
>
> What's so hard to understand? It's going up in cheaper
>dollars. The market always goes up in dollars when the
>dollar weakens.
>
> JerryR
> ----- Original Message -----
> From: profitok@xxxxxxxxxxxxx
> To: realtraders@xxxxxxxxxxxxxxx
> Sent: Monday, December 10, 2007 10:23 AM
> Subject: Re: RE: [RT] Trading Diary: False Breaks
>Warn Of A Market Top
>
>
> Hello Gene
>
> Ira has been telling us this for month,,
> corp, and gov is cheating us daily
> we have at least 15-20% inflation
> gas double
> coffe double
> food shopping TRIPPLE
> and it is going to get worst,
> how is this mkt going up i do not know
> Ben
> ----- Original Message -----
> From: Gene Pope
> Date: Monday, December 10, 2007 8:19 am
> Subject: RE: [RT] Trading Diary: False Breaks Warn Of
>A Market Top
> To: realtraders@xxxxxxxxxxxxxxx
>
> > Hello All,
> >
> >
> >
> > For what it's worth, I just came back from my
>yearly "solo week"
> > in Florida,
> > Singer Island to be exact. I like to just go and
>detox, hang out
> > at local
> > establishments, stick my feet in the ocean and
>clear my mind,
> > while staying
> > as far away from the upper end hang outs as
>possible. My
> > observations were a
> > little disquieting and I'd like to share them with
>you.
> >
> >
> >
> > The taverns I like to hang out in have always been
>among the
> > most popular,
> > usually crowded to capacity on any weekend night,
>including
> > Sunday, and
> > still at least half-full on a Wednesday. One of
>them happens to
> > be have one
> > of the greatest Karaoke stages I've ever seen. Very
>elaborate
> > stage with
> > very high-end speakers and mics and even lighting.
>Very popular
> > DJ, people
> > coming from 100 miles away to get there. This is
>very a very
> > locals oriented
> > place. I've been going there now every year at the
>same time
> > since 1999.
> >
> >
> >
> > Last year, it started to change, fewer people, but
>still a good
> > time. But
> > this year, I was in total shock at what I saw. I
>came in first
> > on a
> > Wednesday, and Mel, the DJ I've known for years,
>tells me "Gene,
> > I think I
> > gotta hang it up soon. There's no traffic anymore.
>My nightly
> > fees are being
> > cut. They've cut out Sundays and it looks like
>Wednesday is
> > going too. I
> > can't live like this. " He was right about the
>traffic. The
> > place was like
> > an empty bowling alley. I had to wait an hour past
>the normal
> > start time
> > just to get one more singer in the joint.
> >
> >
> >
> > Then on Friday night, I returned and it was the
>same thing,
> > perhaps 10% of
> > the normal crowd size for a Friday. Then came
>Saturday. I go to
> > pull into
> > the parking lot at the regular time, and there were
>no cars
> > around AT ALL
> > except the employees. I was stunned. I went in, and
>I've never
> > seen so few
> > people in that bar, ever, on any night, in all
>these years. It
> > was worse
> > than the previous Wednesday, and you never see
>that. The
> > jukebox, which is
> > usually cranking until the Karaoke starts, was
>silent. The
> > employees and
> > bartenders looks rattled and scared, roaming around
>aimlessly.
> >
> >
> >
> > From my conversations with them, they told me the
>same story
> > over and over.
> > Nobody has any money to go out and have a good time
>anymore
> > (remember, this
> > is a very local joint, not some here today, gone
>tomorrow
> > tourist hang out).
> > Their customers all tell the same story, that gas
>is too
> > expensive, food is
> > too expensive, and their mortgages are swallowing
>up all their
> > money. They
> > can't afford to go out.
> >
> >
> >
> > This particular bar is also one of the rare ones in
>the area
> > that closes at
> > 5 AM, therefore, it becomes a bartenders bar after
>all the other
> > placesclose up at 2 or 3 AM. They tell me that this
>crowd is
> > gone as well. The
> > other bartenders and waitress's business is so bad,
>they have no tips,
> > therefore no money to use after quitting time. So
>this is not
> > just the tale
> > of some dump that fell under the radar. This IS the
>place to go
> > around these
> > parts. I think it's a hell of a barometer, one that
>is not being
> > picked up
> > on in the press.
> >
> >
> >
> > So what is this saying? If the majority of the
>populace cannot
> > afford to go
> > out for a good time anymore, and/or there's no
>tourists coming
> > around, are
> > we already in recession and why aren't we hearing
>more about
> > this? Even 9/11
> > or the hurricanes didn't affect business this much.
>What I saw
> > was truly
> > outside the bell curve. Where else is this
>happening? These
> > people are truly
> > frightened for their livelihoods.
> >
> >
> >
> > This may just be a localized phenom, but I wonder
>about that. To
> > quote my
> > friend Mel, "People I know, older couples up north
>tell me they
> > can't afford
> > to come down here anymore. They got too much to
>worry about back
> > up north."
> >
> >
> >
> > One more Mel quote: "My friends that work at local
>Publix
> > supermarkets say
> > the average "ticket" per customer is way down, as
>if they're
> > getting very
> > selective in what they're buying."
> >
> >
> >
> > Just one man's observations. Anybody else out there
>have any anecdotal
> > evidence?
> >
> >
> > Gene
> >
> >
>
>
>
>
> ------------------------------------------------------------------------------
>
>
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