Special daytrading strategy notes: available at http://208.56.99.174/gapopen.htm Hi all, here's my thoughts re playing gap trades long for this coming week. After careful consideration, I must concur with the sentiment that shorting in the current market is morally wrong, so I will not do this, rather waiting instead for bounces as they may occur this coming week. Shorting and donating a part to charity doesn't seem right/enough, I am encouraging all of us to trade long if and when the signals present themselves. As traders, I would like to see us do our part to rebuild America's financial and consumer confidence. For what it's worth, I have documented my thoughts on how I will be trading this coming week, with a chart pattern example, I hope the ideas are useful for all of you: I believe the market will be volatile and challenging, and caution folks that this should be for experienced traders only, the next week on wall street. fwiw, I plan on donating a lot to the relief agencies and others in the weeks ahead, I'm too old (37) for active / reserve duty, so at least I can help financially. Best wishes traders, Ken http://208.56.99.174/gapopen.htm p.s. sorry if my 'shoot osama' game page offends some, most of the response (and 4700+ hits in 24 hours) has been positive. like o'reilly, I'm a straight shooter. Semper fi.
It seems to me the "Nick" point of view is using a rhetorical trick frequently used by defense attorneys. The argument makes assumptions that are specious. (The root of the problem or the thing we need to worry about is the anger and therefore lets focus on what causes the anger right). Well the anger these people have is created and fanned by their leaders, not U.S. policy. It is how their leaders control them. They teach them to hate the enemy. Now the real concern here is that while we try to negotiate and act in a way reccommended by the doves on this site the terrorists are assembling missiles, and delivery systems for nuclear weapons, chemical weapons and biological weapons. The next attack may be an order magnitude worse than this one. Can we take the chance and wait while they build their terror infratructure and their bombs. The Russians loved their babies too, to quote Sting, Do these madmen. We already know they do not love their lives. The MAD doctine allowed us to wait with respect to the cold war. Everyday we wait with Bin Laden and the terror states is a day closer to more massive terror. The security experts were waiting for biological weapons to be released. Doves were burying our collective heads in the sand apparently feeling it would never happen. Now we know that they have the desire to kill us and the will power to carry out their desires. My question is what is the fastest way to eliminate the threat? You know the answer.
limbo, first, i most strongly disagree with your assesment on the basis that it is just unbelievably racist and inflammatory, but more importantly it is most absolutely factually wrong as you would realise if you had even the most perfunctory idea of arab history... second, the crimes and atrocities perpetrated by what you call supposedly "civilized" people in northern ireland on the one hand and "primitive barbarians" on the other hand are exactly the same, brutal violence, bloodshed, maiming of innocents, even up to the most disgusting crime of all, instrumentalisation of their children, and yes, ALSO in supposedly "civilized" northern ireland, and all with ZERO results, apart from a vicious cycle of blood shed... pray do tell me where the so-called "civilized" culture differed in it's unfathomable crimes from equally unfathomable crimes committed by both israelis and palestinians... third, these problems have not arisen out of a vacuum, in fact WE created a monster by building up bin laden and the taliban two decades ago as a weapon against the soviets... and WE have let the peace process totally slide since the start of the new administration... perhaps you should reread the TIME article by, after all, one of israels prime media commentators as well as the article by ambassador oakeley, a former anti-terror specialist in the us state department... and with both the northern ireland as well as with the israel/palestine conflicts responding to violence with contra violence has been absolutely ineffective... in the case of northern ireland for almost a century of senseless bloodshed until they woke up to reason and started tackling the underlying causes which then finally enabled them to achieve a peace agreement, in the case of israel since the creation of that state half a century ago the same thing, alas as of now minus the peace agreement because they are still engaged in their path of mutual self destruction without yet having demonstrated the necessary commitment to tackling the causes, the sine qua non for peace... this is really becoming ridiculous and absolutely unworthy and undignified.
im seeing some reports on the net that the US now has troops in Pakistan.. "DEBKAfileâs military experts can disclose that the U.S. 82nd and 101st airborne divisions, or nearly half of the airborne combat forces at the immediate disposal of U.S. President George W. Bush, are currently being airlifted to bases in Pakistan. The bulk of these forces will be moved to the northern Punjab region of Pakistan and take up position near the city of Dera Ismail and in the valleys at the foot of the Suleiman mountain range, across from their main target â the Afghan city of Kandahar." I dont know how reliable this source is.. just thought it might be of interest since the mainstream media has not covered any troop movements.. -qwik
jem, i think vvv, CaroKann, and Nick deserve a bit of a rest, so I would like to reply to some of your comments: jem: "It seems to me the "Nick" point of view is using a rhetorical trick frequently used by defense attorneys. The argument makes assumptions that are specious. (The root of the problem or the thing we need to worry about is the anger and therefore lets focus on what causes the anger right). Well the anger these people have is created and fanned by their leaders, not U.S. policy. It is how their leaders control them. They teach them to hate the enemy." my reply: It is not US policy, but US actions which have caused so much anti-American sentiment. Case in point: during the Kuwait/Iraq conflict we bombed Baghdad incessantly for several weeks. Although our intent was to destroy infrastructure, we also undoubtedly KILLED many thousands of innocent people who committed no crime other than having had the bad luck of living in the wrong place at the wrong time. The rage that we all feel now is EXACTLY the same rage that they felt then (and still). It is a cycle, a self-perpetuating cycle of violence which will NEVER be ended simply by killing more efficeintly or with more passion. jem: "Now the real concern here is that while we try to negotiate and act in a way reccommended by the doves on this site the terrorists are assembling missiles, and delivery systems for nuclear weapons, chemical weapons and biological weapons. The next attack may be an order magnitude worse than this one. Can we take the chance and wait while they build their terror infratructure and their bombs....(edited)" my reply: 1) I am not a 'dove' and I don't think this term applies to the ideas which the 'Nick crowd' is articulating. If this were another Pearl Harbor I would strap on a rifle, as my grandfather did. But ANY SANE PERSON hates war and killing and these posters are offering their thoughts on how to solve a problem which is much larger in scope than the WTC attacks. They are saying: 'to solve a problem you should look at the cause' - how could anyone argue against this simple, and obvious logic? 2) Let's not panic, that's exactly what the terrorists want. Don't over-estimate the abilities of terrorists. It took them a long time to pull this off even though, when you think about it, it was an extremely simple plan which would not have been possible if not for: lax attitudes at OUR airlines; the fact that we had no contingency plan in place for off-course flights; they trained at a US flight school; etc - all OUR MISTAKES 3) I AGREE WITH YOU that we should disable the ability of any terrorist group to create/deliver weapons of mass destruction. I have not read any post which disagrees. Look, I want to find and punish the people responsible for these attacks, just like you. And I am confident this will happen. But I also think that for every innocent person killed in the process we will create, from their remaining family and friends, future terrorists - and thereby perpetuate the cycle of violence.
Roger, gosh, unfortunately I just saw your post after I sent mine in, ah well, but, anyway, I like your post and fully agree with your points. --------------------------------------------------------------------------- --------------------------------------------------------------------------- Ooops ahh, they did it again. Hey Jem, sorry, can't deliver da defense attorney, just a humble ole institutional prop trader here, even if it's not for the residual remains of my namesakes former employer sold for one sorry buck, and as far as politics go, well, hey, I'm neither dove nor hawk, just a realist without illusions, interested not in making a lot of waves as a means in itself, but with a real vested interest in results, meaning the US not becoming the next big terror zone in the world, or us starting something that could escalate beyond some pretty bad nightmares, I'm just interested in the most effective means to achieving that end, as it were. But, ok, you delivered the message of what a good old hawk should be up to these day's. Ok, let's see. So you think we've got da power and da money. Ok. We had that in Korea, right? Vietnam, also, agree? Haiti? Somalia? Ruanda? Bush I got ole Saddam's head in the Gulf War, right? Iraq is a free and democratic country these days, thanks to us, and no threat to civilisation any more, ok? We presented Saddams head to some War Crimes Tribunal, right? Heck, we just used our power and really kicked all those criminals out of office and into jail, agree, making the world a lot of a safer place than it was before we intervened? Ok, here's where it gets a bit tricky, those were CLEAR CUT COUNTRIES and CLEAR CUT ENEMIES we were fighting against, agreed? And, even so, we failed pretty badly, didn't we, even though every single of those conflicts had it's Joes on the street yelling, HEY PREZ, go nuke 'em, right? But, and this is where it's gonna get a bit more complicated in the future; we're not just dealing with some clearly definable and localizable enemy any more, we're dealing with anonymous and highly defragmented terrorists more than willing to die for their cause, and the two primary grudges they bear against us are that they see us as the main funder and defender of Israel with which they're having some problems of achieving a model that would allow for mutual and peaceful coexistence, and that we, the defender of their perceived enemy Israel, have got troops stationed in the custodian country of their holiest sites, Saudi Arabia, I wrote about that a bit earlier on this thread, maybe one or two pages back, where I also wrote, just to keep a bit of perspective, that there's plenty of Americans already getting fits - and more than that, unfortunately - just because the UN are based in NY, and they therefore subjectively feel threatened by little black helicopters, right? Anyway, ok, so let's go rain some couple hundred cruise missiles on Kabul or wherever, right? You think they're gonna go and reflect on the errors of their ways after that? Sort of of go and say, heck, they're right, we're wrong? Disavow Bin Laden or his successors and become big fans of us? Or do you think that they'll just become so scared of us that they'll refrain from all aggression against us in the future because we're so lean and mean? Sort of like they stopped attacking Israel just because they discovered that Israel was just so much more powerful and had such superior weapons? Or like the Afghanis realised that they'd better disarm and let the Soviet occupiers have their way because they were a Super Power? Or like Milosevic wasn't kicked out of office and brought to justice in The Hague's International War Crimes Tribunal for the former Yougoslavia by his own people more than a year after we stopped bombing him and more than 13 years after he started on his path of genocide and other war crimes against his own citizens, or at least former citizens, but instead pretty rapidly and as a direct consequence of us bombing the living daylights out of him? Or do you think that strong retaliatory action by us might indicate a remote possibility that that might instead just serve to swell the ranks of those radicals willing to go after revenge coupled with their strong readiness to die for their cause, particularly when that automatically means a one way ticket to paradise for them, never mind what or whom they leave behind and in what shape? Anyway, think that instead of becoming subdued they might clamor for revenge instead, sort of like what some people are clamoring for on these boards and in real time American life? Ok, so what do we want? Revenge and assured retaliation, and let's not forget here, because this is not a war against a country, it wouldn't take much for them to come here and do some biological or whatever warfare, they don't need spectacular wealth or weapons to achieve that. Or should we go about attempting to keeping the by far largest majority of the 2 billion Muslims on our side and trying to bring peace to Israel and the Palestinians, with us as a TRUE honest broker, and thereby eliminating much of the source of hatred between us and "them"? Heck, no Muslim country has a problem with us going after the criminals who attacked us and making sure that they get the punishment that they deserve, same situation as with the rest of the world currently standing behind us, but the Muslim and other parts of the intl community would understandably have a problem with us going on an extended spree of retaliation where many innocents would die and where we'd just be perpetuating the problem.
vvv--I just came home from a condolence call of a dead friend-and now have to face your post. Do you know how I feel? I wanna to puke-I swear. Be it known it is wimps like you that thoroughly disgust me. It is wimps like you that perpetuate these monstrous acts. I'm gonna stop because I'm gonna go overboard. Again-I repeat if there were a war you would be beggin me to to save your candyass. That's it --your on ignore--Shortnfool-you're off ignore. Moderator please do not delete this post.
limbo, i'm just completely dazed and horrified by somebody who is able to write something filled with such unbelievable and contraproductive hatred as that. btb, i also have a friend who is also a former colleague of mine in the wtc who is as of now still unaccounted for, but to be realistic probably dead, yet one should never allow a tragic loss due to terror to be the measure of one's own approach to the diabolical cycle of violence inherent to terror, particularly not so if one wishes to break that cycle to ensure that such a horror will not be repeated.
"limbo, i'm just completely dazed and horrified by somebody who is able to write something filled with such unbelievable and contraproductive hatred as that. vvv, You are a real piece of work. You're not too appalled to sit down and have a nice chat with a SERIAL KILLER /MADMAN (yes, he has killed many times before) who has just BRUTALLY MURDERED 5000+ innocent people inc children as young as 2 yrs... but you're "dazed and horrified" by comments on a message board asking for justice from someone whose best friends have been needlessly SLAUGHTERED by this lunatic. YOU, vvv, are a real piece of work. All you loving doves are FOOLS! My compassion, respect and empathy is reserved only for those who deserve it...the innocent victims and the heroes. NOT a SADISTIC KILLER & his deadly flunkies! Do you really believe you can negotiate with these animals? HA! Those that do are the NEXT VICTIMS! shortnfool