12%ayear's Account Talk

The job report will be better than expected causing another rally today. I am locking profits....100% F Fund. Markets will be in trouble this month based on the notion many are saying we are out of the woods. Rebate checks will not work.
 
My concern is that the US DOLLAR is now free to run. The Fed is done cutting to fight oil prices. Also I feel the job number will better than expected causing another rally. I also think MAY will be a nasty month after this week is over.

12%,

Are you saying that May 5th to the 9th should be a rally week? Then making a slide maybe around the 12th. Or is this week now, like today?
 
Hi 12%,
Many of us here still listening/keeping an ear to the ground. Just wondering if you still think a drop next week is still likely, and safest is to punch out today? :blink:
 
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I keep hearing Oscar's refrain that it's better to be out of the market wanting to get in than in the market wishing you could get out.
 
Amen brother, & thanks! I think Oscars's refrain is a good one. And 12%, feel like you're gettin' you're groove back! Way to go. I'll take what I can get in this crazy, mixed-up market! :D
 
posted by 12% at 4:18AM:
The job report will be better than expected causing another rally today. I am locking profits....100% F Fund. Markets will be in trouble this month based on the notion many are saying we are out of the woods. Rebate checks will not work.
Nailed it again 12%. Nice call.

Rally and profit taking. Now down for a buy in opportunity for the long haul. :)
 
I locked my profits today and went 100% F FUND. Markets are very toppy. Overbought and I feel May will be a very bad month.
 
All rallies are preceded by declines....the bigger the decline the bigger the rally. The largest contributor to bond yields is not the economy, but inflation expectations. I believe that oil is about 8% of the total CPI package. When oil prices decline by 20% or so, you see a 1 1/2 to 2% subtraction from core CPI. The consumer price index will be in the 1% zone, plus or minus, by year end. It's not a short term play.
 
We will see the Dow break 13000s this week and then I forecast some serious downside. Earning season is coming to a end. The economy is in really bad shape. They are afraid to use the word Recession. I am looking to lock in 1%-2% and go into the F Fund for a few days. Then I will enjoy the G FUND for the rest of the month. 13000s will not hold. Too many negatives. You will also see the media come out and say that the rebate checks did not work. I see the first week of May to be good and then a sell-off. Just my 2 cents. Protect those profits!!! Hard to come by these days.
posted above last week. 13000s did not hold like I said, the first week was good. I am in the F FUND since Monday. Will lock profits in the F FUnd tomorrow and G Fund it until June. See you in June.
 
12% - Looks like a good start - but F Fund has some gains as well.


So tell us Magic Guru - how will the Markets end today???
You will see the Dow get slammed hard. Shorts are going to wipe out this gain today. Looking for a red close with the DJIA. Inflation is a serious issue and todays number was not postive. False rally
 
You will see the Dow get slammed hard. Shorts are going to wipe out this gain today. Looking for a red close with the DJIA. Inflation is a serious issue and todays number was not postive. False rally


Thanks man :o Now that was done in a way only you can do.

Too late for me to bail :embarrest: but I'm in for the ride.

Would rather bounce around a little than be bored on the sidelines.

Anyway - good to have ya back - was beginning to wonder :confused:
 
You will see the Dow get slammed hard. Shorts are going to wipe out this gain today. Looking for a red close with the DJIA. Inflation is a serious issue and todays number was not postive. False rally


I've got to give you credit - there have been many days that no one would have dreamed would end the way they did -
No One EXCEPT 12%
So when I saw the Markets going down I had to brace myself and expect the worse. It was still a very good call.
 
I've got to give you credit - there have been many days that no one would have dreamed would end the way they did -
No One EXCEPT 12%

So when I saw the Markets going down I had to brace myself and expect the worse. It was still a very good call.
It came very close to red from that high. This was a false rally. The markets are in trouble. The Fed is done cutting and now they sit and wait to hike. BTW...FWIW...
Cost of Living Adjustment (COLA) Update
For Employees Covered by the National Agreement and the Operating Services Agreement:
(Updated 05/14/08) In April, the Consumer Price Index (CPI-W) rose to 627.606. After the third month of the six-month measuring period, and assuming the adjustment were made based on the April CPI, the fourth COLA under the 2006 National Agreement would be $624 per year, which works out to $24.40 per pay period or 30 cents per hour. However, the fourth COLA will be based on the July 2008 CPI index point and will be effective Aug. 30, 2008 (pay period 19-2008, pay date Sept. 19, 2008.
 
It came very close to red from that high. This was a false rally. The markets are in trouble. The Fed is done cutting and now they sit and wait to hike. BTW...FWIW...
Cost of Living Adjustment (COLA) Update
For Employees Covered by the National Agreement and the Operating Services Agreement:
(Updated 05/14/08) In April, the Consumer Price Index (CPI-W) rose to 627.606. After the third month of the six-month measuring period, and assuming the adjustment were made based on the April CPI, the fourth COLA under the 2006 National Agreement would be $624 per year, which works out to $24.40 per pay period or 30 cents per hour. However, the fourth COLA will be based on the July 2008 CPI index point and will be effective Aug. 30, 2008 (pay period 19-2008, pay date Sept. 19, 2008.
We might get a COLA over$1000. 3 more months to go.
 
Cost of Living Adjustment (COLA) Update

It's probably been about 2 years already - but we did an extensive evaluation of the economy and showed how "Cheap Oil" was pretty much the underlying basis of the US Economy and how essentially everything has been based on the years and years of "Cheap Oil".

This was a time when we knew it was comming to an end. Enough research had already confirmed the predictions of supply and demand (the increasing demand and the limited supply) so what we have experienced in the recent past is simply a taste of what's to come. When Oil is no longer cheap - the underlying foundation behind the big homes - the cheap food - the cheap transportation - and everything else will disappear.

Of course we will blame the Oil Companies - the Refineries - Politicians - and everyone else - but in the end it's up to all of us to live our lives in such a way to do our part.

But the Markets are a seperate entity and despite the rising cost of Oil - I believe the real money will pump the Markets and sustain them
 
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