12%ayear's Account Talk

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12%ayear said:
avatar206_34.gif
Click to expand...
see what I mean
 
12%, What can I say - YOU ARE DA MAN!
WOW, what a day!
I'd have to check, but you must have made it awful close to your number 437 - just today!

VR!
 
I'm up to my neck in bull manure and it feels so snuggy warm. I'm on my Ducati for the next ride to the next top, which I think won't be seen until the Spring.
 
phillyfed said:
Im going in the market w/ TSP IFT 15% position for Tuesday. Once we hit bottom, you know we are bouncing 2.5% in one day. 15% wont kill me.

Im losing 1000's in my Aetna IRA daily that I am limited in trading. :mad:

My CSCO order got filled @ $28.35

Good luck all
Click to expand...

Glad I bumped this up to 40% (10s10c20i) instead of 15% last Friday.....

I went 100% G tomorrow. Great day to sell IMO. Im not buying this rally. Not yet. We need a big day of capitulation. We put in a bunch of 1-2.5% losses in consecutive days. A 4%+ down day would signal capitulation IMO. Then Im buying in 100%. A true correction is 10%.....We didnt see that. We took it down about 7%. Alot of stockpickers came out today getting their long-term holds on the cheap. I myself bought CSCO, AKAM, INAP for the long term last Friday before the relief rally today. Tomorrow should return to trend and thats DOWN.

Good sign for the Bulls thou:

I made my IFT before Noon. 100% G. I expected the market to sell-off towards the end of the day. INSTEAD IT GOT STRONGER. Breaking a trend of selling on strength.

Another argument can be made that we hit bottom on Monday when GOOG, APPL, RIMM all got toasted. Three market stalwarts were sold off heavily. No one was selling these stocks before when the markets sold-off. Thats a possible sign that a near-term bottom was put in and capitulation took place.

Lets see who gets it right ;)
 
Re: 12%ayear's Account Talk

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The shorts are trapped!! Rally stage 2 tomorrow!! Watch the S Fund, the true laggard.
__________________
12 %, I have been an observer on this site since Jan. 2006. I appreciate your insight and willingness to share your thoughts with your fellow government workers. You seem to have a rare rationale in reading today's market. Thanks once again.
 
You will see new highs before the year ends. Staying postioned. I cannot afford to jump around and miss super rallies. Small caps are so undervalued and a true laggard to boot. When everyone things the worst, you know that the markets will run.
1.gif
 
Kinda looks like the emotionalism to the green side this morning is getting ready to hit full stride. Nasdaq just shot up. :D

I wouldn't last two minutes on the Floor of these Exchanges, with all this emotionalism. LOL:D
 
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