12%ayear's Account Talk

[Guest2]

May your 2 cents turn into 20 cents tomarrow.

 

[12%ayear]

Perfect set-up for +fv this afternoon. Stay Tuned!!

 

[12%ayear]

IMO, I fund will have a great day with some +fv this afternoon. Futures are nice and red. This is a postive sign for the start. Fed will cut again IMO..25% cut.

Posted above this morning before the bell. Setting-up for the +fv. Look at the spike .

 

[DAWG51]

You've got the MOJO working brother. Very good/accurate calls lately. Thanks for post'en.

 

[12%ayear]

Google quarterly profit swells 46 percent. GOOG behaving like a yo-yo after hours. Looking for a nice gain with the USMs for Friday. US DOLLAR should also bounce back Friday. I have seen this before right after earnings. I have seen this reaction before. When a stock announces earnings and falls. Many start to short, the the big boys(hedge funds and Instustions step in and crush them). Look at GOOG was trading in the 620s now it pop 20 bucks. Now 644. Watch and see how high they will take it. This will be fun. Keep an eye on 650.

 

[airlift]

12%,

Great calls AND behavior analysis! Thanks.

 

[12%ayear]

off topic..Torre is done!! http://sportsillustrated.cnn.com/2007/baseball/mlb/10/18/torre.thursday/index.html?cnn=yes

 

[12%ayear]

 

[Wolverine]

Actually, It looks to me that Joe told George F-U

Enough of this Yankee Soap.

Way to go Joe.

 

[12%ayear]

Actually, It looks to me that Joe told George F-U

Enough of this Yankee Soap.

Way to go Joe.

yup

 

[DakotaKid]

Hey 12%,

I read your posts everyday - very insightful. I'll be away from my computer all day tomorrow and am curious if you have a call / what your plan is for tomorrow.

Thanks for all of the great advice!

 

[12%ayear]

****REMINDER***October 31FOMC Meeting
Two-day meeting, October 30 - 31 Small-caps are the place to be in the next few trading days. Any cuts will benefit small-caps..eg...small banks,builders,and techs. The I fund is getting scary again with the US DOLLAR so low. Look for the DJIA to lead the way today after losing 4 days .

 

[fedgolfer]

Hope you're right 12%, it feels and looks awfully scary and ugly on the charts. I'm showing signs of distribution in QQQQ's the past few days. If we don't fill the down gap this AM... I think I'm selling my tech positions.

 

[Birchtree]

The tech stocks that are in the S&P 500 generate 53% of their earnings from overseas. Does that tell you anything?

 

[Frixxxx]

What's the record number days for a loss on the DJIA?

 

[Steadygain]

The tech stocks that are in the S&P 500 generate 53% of their earnings from overseas. Does that tell you anything?

I'm amazed at your insight Birch.

By the way I'm also a veteran (of the good ole days) that was trained to be a soldier to the bone marrow - and when your a soldier at that level you're a soldier forever.

 

[Uptrend]

Birchtree is right. A C buy is on the horizon. However, an S buy is here now! See the commentary in my thread.

 

[fedgolfer]

The tech stocks that are in the S&P 500 generate 53% of their earnings from overseas. Does that tell you anything?

No, it doesn't. Not in relation to what I'm saying. I'm talking about selling tech swing positions in RIMM and AAPL... which I did. AAPL broke to the downside of its 5 day ascending wedge, then kissed the channel goodbye. I guarantee I'll be able to buy back lower at some later point today, or the next few days.

 

[12%ayear]

Oh well, a little pothole that we hit. GOOG did well. 3M, Caterpillar,Honeywell, and Oil prices killed the NASDAQ. This pothole wiped my October gains. My account is pretty much where is was on Sept.30th. Part of doing business. Been through this many times before. Many will get spooked and run for the exit. That is what the markets want. However; I love the markets at this level. I see us breaking new highs very soon. All the bad news is already factored in. Too many bears are coming out. IMO we ramp on the FED cutting and oil prices coming down......S FUND IS THE PLACE TO BE FOR THE REST OF THE YEAR......US DOLLAR IMO will rebound causing the S FUND(small-caps) TO BE THE BEST FUND FOR HERE UNTIL THE END OF THE YEAR.............Howard Silverblatt, Standard & Poor's senior index analyst, still expects next year will see the return of the double-digit profit growth that ended in the second quarter. And, investors are hanging on every word CEOs utter to determine how last summer's credit problems harmed the economy.
.......He explained the market's retreat on Friday creates a buying opportunity for stocks that some investors feel were oversold. Once investors absorb the brunt of the third quarter's earnings releases, traders believe the market can rebound http://biz.yahoo.com/ap/071020/wall_main.html... I will be mostly in the S Fund, but on occasion jump into other funds. GL

 

[Uptrend]

I agree with 12% a year. I see samll caps as being very strong, being given a boast by the weak dollar and international sales. But now, for next week the batch of reports look mostly positive for Monday and Tuesday, and the markets should strongly rally (also because the short-term is oversold); Wednesday and Thursday look weaker, and Firday looks mixed. I expect the markets to go in similiar fashon. Also I expect the C fund to do well early in the week due to good large cap reporting. Read more at: http://www.cnbc.com/id/21383625 I made an IFT Friday to be 60% S and 40% C for next week. Looking forward to some nice rebound