wackojaco's Blog : Auto bailout collapses over union wages

that's why GM should file CH 11 and fire the UAW. good job republicans, I don't want my tax dollars paying someone's exorbitant wages. What are we the Soviet Union?

Burtski, I give ol IPiGy an zone of > 2.00-1.70 from there we would have a 1st major @ 4.00 - 4.50..

And there is only one...Scratch that! two ways to find out ifn im right.

1. Watch and see

2. Ask Joeby

Jackpot baybeeeee! WOOHOOOOOO! EEEEEEYEAH! I wake up to see the Hang Seng down 5%+ overnight plus the GM newz....gonna open in the $2'z? :o "Looks like" it "might be" a GOOG day to be heavily chort! Who said bad newz wasn't GOOG newz? :-) 3J

Well...ifn RFMD opens lower it's gonna leave a mark. But methinks it'll buff out over the next few daze. OVTI gonna take out the low. I'm chittin n ssshtinkin 3.30 or less and it "should" move into sell mode here so we'll hasta see ifn a new n improved n lower trend low sets up. That'd be nice. :-) 3J

SSO now comes into play as a buy since I am only "expecting" the VIX to trade through 68.50 in here. The BIG selling in the markets will come in 2009. This move down will only be a scratch. :-) The low end o'me "zone of influence" for SSO is 16.50. *-) 3J

I think 16.50 may be a little low (though who am I to question the master). But for now I'm watchin the latest RSI low of 18 on 11/20.

Watch me take OWW and make it a WOW! Or...watch how I drive LDK higher. It has gotta be fun to watch me werk my majic...no? Well, I'm sure it ain't fun ifn you are CJC and yer trying to bet agin me like he does. CJC, did you capitulate on DRYS this moanin before Mr Sim woke up? Better hurry! LOL 3J

The lows on GM n F gonna go bye bye. Mr. Market was nice enuff to give the longs a $1+ rally in GM as it trades at 3.70 right cheeeya. Do yerself a flavor and say "bye bye" before the 2.61 low goes bye bye. Possible new trend low gonna be formed as the ADX line rises into the selloff. *-) 3J

Interesting to watch this in the making aina?

Ok maybe not for you but for me it is...

Looks like ifn i would had that limit order for 70 on RFMD it would gat tagged.

Well, you can sell right heeeya at .76...bank yer 5%...pick it up at say .68...and then go for the BIG bux! I mean...>>>Gulp! :o >>>> :-) 3J

What are ya reading my mind?

Hey get outa!

Not only does he have a time machine now he's got quantum physics.

Hey guyz...I got another one for ye. Here's one that I own for free! I already dubled my $$$ 3 times before it did a 1/10 reverse split. Since then it has done nothing but leave tops nonconfirmed and moved on to new lows. But it looks ready to WOWZA. Check out the chart on QMLM. I just "doubled down" again at .0021*-) 3J

OVTI werkin it's way towards "the beep" ....who wants to sound the alarm? .....ahhhh....go back to sleep moya foyas. :-) 3J

Sorry, I was out at meetings.

What happened to all the destruction? What no destruction? People actually think the GM bailout will pass this weekend? Hard to see GM at 4 after it opened below 3

GM n F also werkin towards a beep....just not quite as close as OVTI. Is somebody gonna sound the alarm on any of these for me? ....c'mon fellahs....this stuff is haaaard. I want my mommy. Wackojacob...can I borreee yer avatar?...I needs it bout now :-( 3J

Ding Ding Ding, Ding Ding Ding

;)

Is it me or is the VIX beeping a sell? SPX to go up?

The VIX ainna beepin....and neither are OVTI, F, or GM. Jeeez....yuns fellahs need more werk! And that be OK....cuz I need more beer! :-) 3J

Whadya mean? Dow just hit 100.

WHERE DO I SEND THE BEER???

Burtski....didn't you git my Email? :o 3J

Did you send it to burtman99@hotmail.com?

Unless your sellin a pill to make me bigger, I didn't. Send it again.

I'll try agaun tonight but that be the one I useded. :o 3J

Looka how bootimus the TOL chart is setting up with the series of lower highs n lows this past 5 daze. I'm already chort TOL with the putskis. I'm gonna add to the chort "ifn" they take the SRS down to retest the 80.75 low into the close. Open limit at 82.20...close enuff...now at 83.38...wish me luck! ....uh huh....gulp! :o 3J

SRS SAWEEET! order filt! *-) 3J

Funny...URE was trading at 5.47 with about 2 minutes left in trading so I figured I'd put er back up as a funny money chort....thinkin they'd at least hold 5.25. Looka wherst they closed da beeeyotch :o LOL I toldja this funny money trading crap wuz haaaard! LOL 3J

Who's fault is it that the UAW are paid so well??? The UAW have made some good gains over the years
(for the worker) and it was not overnight...Is the UAW out of control...if so...why and how did it happen???
I also feel that my tax dollars should not pay for just the UAW's health and welfare and or layoff's...more power to them...when you hear about the "golden-parachutes"ect. ect. ect...Has the UAW and other Unions laid the groundwork for much needed reform in the WORLD...??? Or; are unions like a bad stock pick...you sell them when they do not play and or pay..? How much does Gettelfinger get paid? Humm!!! And how many officers work for the union...are they taking pay cuts???

The unions are basically greedy sumbeeeyotches. Axe any worker what the unions do for them as individuals and they will "probly" say they have no idea. Unions were setup to take advantage of situations and to make the unions themselves powerful. Sure, they get lots of concessions for the workers but at what cost in the bitter end? You saw what happened to the steel industry in the U.S....done in by the unions...and poor U.S. trade policy under the Bush regime....which was the catlist for many things including what is happening in the auto industry. Well, the fokes who work building cars under the UAW now have an important decision to make....and that's whether or not they want a job at all. *-) The UAW is leading the U.S. auto industry down a path to extinction....just as surely as Uncle Fester is leading the U.S. economonomy down a path towards a depression. :o Luckily for America, I as your local Superhero am on the job making sure the markets dictate the "correct" action before Uncle Fester wastes ALL your grandchildren's money. *-) 3J