12%ayear's Account Talk

A lot of late buying was able to break the S&P, and almost the DJIA, back into positive, albeit just barely. Hopefully we can maintain this strength for a few days a recoup that slap in the face from Friday.
 
Fingers are crossed. If recent patterns remain, we should see a bit of an upswing. I wish I could be as confident as 12%, but I put some money in the "C" pot today. We'll see how she goes!
 
Fingers are crossed. If recent patterns remain, we should see a bit of an upswing. I wish I could be as confident as 12%, but I put some money in the "C" pot today. We'll see how she goes!

I decided to forgoe buying last Friday in hopes of some lower prices this week. Well, I bought back 50% today in C fund and low and behold it's flat lol. My plan is to sell some if we are up decent Tue, and then use the ADP and initial claims to gauge what Friday's report may hold.
 
With the beating we've taken I would hope he didn't bail out and lose all those shares. :worried:

At this point it looks like we're in for a siesta unless the bulls pull out all the stops through the end of the week. Rebuilding capital is way riskier than just waiting for it to come back with market oscillation, and I've had horrid luck this year.
 
DJIA will close over 12300. right now its 12197.

What LATE Breaking news does CNBC have today!!! They were all over this Ambac crap for 2 weeks and when it happens guess what they say how it's not really important in the big picture. The market falls and they pound away with every bit of bad news and don't even go into detail about Ambac but Bloomberg have all the details and explained what each meant. CNBC was exposed because they went to a break and onto other stories because simply put they have no idea of what the details meant. PATHETIC !!!!!!!!! :rolleyes:
 
12% I hope you are right and tomorrow IS good...so I can pull at least 50% back out into G.

The Friday employment report scares me. Just check this out:

Last month
ADP Report + 126K, Fed report -17K

This month
ADP Report - 23K, Fed report ????

Now lets look at the past few months of data...

(IC is initial jobless claims, an avg over the month)..

IC ADP FED
335 185 115 NOV
342 41 82 DEC
329 119 -17 JAN
361 -23 ??? FEB

The ??? scares me!
 
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