12%ayear's Account Talk

[12%ayear]

This market is not for the faint of hearth. 2008 is starting to look like a sell-off is the works. The more I read, the more I will stay on the sidelines. It seems the markets want to test mid 12000s before getting steam to go back into the late 13000s early 14000s. Retailers will be suffering, higher oil prices, bad real estate market, and the Fed can only do so much.The Fed is done cutting, maybe one more .25% at best from pressure. Inflationary pressure is gaining momo...look at the grocery stores. http://www.forecasts.org/inflation.htm http://www.forecasts.org/djia.htm

 

[Birchtree]

Have you been introduced to the Technician - he's been a clucker for three years.

 

[12%ayear]

Lets make some better returns in 2008. Also may everyone have a healthy and a peaceful 2008. God Bless!!!

 

[12%ayear]

IMO..small-cap rally this month and then a sell-off mid-Jan.

 

[crs1306]

S for sure, for now!
Interesting year ahead.
Good Luck and Happy New Year!

 

[airlift]

HAPPY NEW YEAR to ALL!

 

[FogSailing]

Happy New Year to you too 12%!!!

FS

 

[hessian]

Ditto, Merry Christmas, and a happy (and prosperous) NEW YEAR!
View attachment 2943

 

[12%ayear]

My 2008 picks for the market...1. Year of the US DOLLAR 2. Financials will bounce back 3. The S Fund will be the winner of the bunch 4. Fed starts to increase rates 5. OSMs correct

 

[Bullitt]

I agree with the comeback in financials. I think we could also include homebuilders in there as well but both are probably going to have to wait until later in '08 to do so.

What do you think will trigger the fed to increase rates?

 

[12%ayear]

I agree with the comeback in financials. I think we could also include homebuilders in there as well but both are probably going to have to wait until later in '08 to do so.

What do you think will trigger the fed to increase rates?

Inflationary pressure along with a strong US Dollar.

 

[hessian]

I"m sure hoping all you guys picks for 2008 come to pass. We need certainly need it. I agree that early this year will be very volatile - sharks feeding:
View attachment 2951
Later, the political squabling will likey get worse (leading up to elections), so I think I'm less optomistic much will really get done then.
View attachment 2952
VR
BTW, I've heard recent rumors that phone booths may be taken away soon - what will "Money Man" do then?

 

[12%ayear]

I"m sure hoping all you guys picks for 2008 come to pass. We need certainly need it. I agree that early year will be very volatile - sharks feeding:
View attachment 2951
Later will be all the political squabling, leading up to elections, so I think I'm less optomistic much will get done then.
View attachment 2952
BTW, I've heard recent rumors that phone booths may not be around much longer - what will "Money Man" do then?.
VR

Mensroom

 

[12%ayear]

Fresh start, everyone push the rest button and here we go. Looks like the small-caps want to explode to the upside today. The I Fund is up .40% today and Nikkei is closed until Friday. Also, IMO I think that the Jan.7th crap will not occur based on not giving TSPers enough notice unless we get something this week. NEWS.....slowdown will give the Federal Reserve more reason to lower interest rates. ... 30 meeting rose to 92 percent from 76 percent a week ago http://www.bloomberg.com/apps/news?pid=20601085&sid=a3_Sjq2kGxxY&refer=europe.....Look for rally today based on that.

 

[12%ayear]

Jan 2..2:00 PM...FOMC Minutes....This will be the key today.

 

[hessian]

Jan 2..2:00 PM...FOMC Minutes....This will be the key today.

Hi 12%,
Are you expecting that this will rescue us from today's submarine races?

 

[12%ayear]

Hi 12%,
Are you expecting that this will rescue us from today's submarine races?

watch the short squeeze this afternoon. Too many shorts..this tells me that we will close green today. been buying the QQQQs

 

[Corepuncher]

watch the short squeeze this afternoon. Too many shorts..this tells me that we will close green today. been buying the QQQQs

Hello 12%. Are you serious or just joking?

In my opinion, the minutes will shed no light. FED already expects the economy to slowdown...it is. FED is still worried about inflation and I bet that fact staves off a major rebound today. I'm looking for a test of the 1435-1445 level to see if we bounce off it like we did recently.

I think the initial claims may be a precursor as to what to expect with the jobs report on Friday. I"m not an expert in this arena, just a hunch. Already baked into the cake is an expected 70-75K nonfarm payroll increase, which seems sorta low. Could be a reason for an up day on Friday if we 1) continue lower today and/or Thur, and 2) jobs/unemployment not as bad as expected on Friday. Will be watching closely.

Ever see a pattern like the I fund before? I's been moving sideways for 10 days, what a loooooooong flag it is! Break 78 soon?

 

[12%ayear]

buys QQQQs $50.34 avg. price $50.41

 

[12%ayear]

Hello 12%. Are you serious or just joking?

In my opinion, the minutes will shed no light. FED already expects the economy to slowdown...it is. FED is still worried about inflation and I bet that fact staves off a major rebound today. I'm looking for a test of the 1435-1445 level to see if we bounce off it like we did recently.

I think the initial claims may be a precursor as to what to expect with the jobs report on Friday. I"m not an expert in this arena, just a hunch. Already baked into the cake is an expected 70-75K nonfarm payroll increase, which seems sorta low. Could be a reason for an up day on Friday if we 1) continue lower today and/or Thur, and 2) jobs/unemployment not as bad as expected on Friday. Will be watching closely.

Ever see a pattern like the I fund before? I's been moving sideways for 10 days, what a loooooooong flag it is! Break 78 soon?

YES, I see a squeeze coming