12%ayear's Account Talk

Hang tough in the C FUND. It will explode to the upside this month. Looking for at least 2%. This afternoon was just fluff news that caused the rally to fizzle. I went long on QQQQs.
 
Hang tough in the C FUND. It will explode to the upside this month. Looking for at least 2%. This afternoon was just fluff news that caused the rally to fizzle. I went long on QQQQs.
here you go. One more good day tomorrow in the C Fund and I am going into the I or F Fund for the 2nd ETF. C Fund will explode for the rest of the week.
 
here you go. One more good day tomorrow in the C Fund and I am going into the I or F Fund for the 2nd ETF. C Fund will explode for the rest of the week.

Oh Great One - this week ends tomorrow. So are you going I (or F) tomorrow??

My thinking is C Fund stability and upturn mainly starting today will set the stage for next week - with a 3% Gain in S Fund.

But then again my crystal ball is way outdated and losing power
 
First transaction of the month..went 100% C FUND for 6-4. So far +.08% for the month. Although,the futures are red, I see a rally today. The C FUND is lagging and will be the front runner for the month. I see the DJIA close in the 12500s today and 12600s-12700s for the week.
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:D 25 points to go . That post was from yesterday fwiw
 
I expect the USMs to do well,however that +.32 FV will not allow the I Fund to go postive. Also, I feel the USD will bounce on a very good unemployment report. As I am typing this the I FUND is -.60. and the C Fund is +.06. Looking for a nice bounce Monday for the I Fund off a good report today. Using my 2nd EFT from C FUND to The I Fund. GL
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12%,
I think you are on the right track. Trichet in Europe has suggested hiking the rates up further which seems good for the I fund. Also, the chart posted by Uptrend, and the P&F chart posted by James seem to be on our side. Best wishes!
 
In my last post I expressed my belief that we were going to get a nice bounce. We might still get a bounce next week. Intellectual honesty demands that I accept I was wrong in my estimation. Of course, I was quite surprised by the unexpected spike in oil prices, and there also were news of problems with Iran and their stubborn mindset of developing nuclear weapons. I really have no excuses. Technical analysis is not fullproof perfect, so we shall see. I am still in the C fund, waiting for some sort of recovery after such a big hit. The optimist side of me! :):)

12%,
I think you are on the right track. Trichet in Europe has suggested hiking the rates up further which seems good for the I fund. Also, the chart posted by Uptrend, and the P&F chart posted by James seem to be on our side. Best wishes!
 
12%,
Hope you are ok and that you can give us your views on the market. I'm still in the C fund hoping to see some sort of a bounce, but things are getting dicier with Bernanke talking about raising rates due to inflation. Banking problems continue. Oil is out of control with speculators. I know that a strong dollar usually is good for the dollar, stocks and for other U.S. assets, but we could get a hit to the downside shorter term.
 
I'm still adjusting to the "S Fund Champion" jumping ship to C.:laugh:

We're all here to make money, and 12% has the crystal ball to do it.
 
These oil prices remind me of the real estate market. There will be a oil crash and the US Dollar will explode to the upside. All this talk about oil tells me to we are closer to the top and ready for a nice pullback in the oil market. The markets are going to rally. Remember, you can only shake one down so much and it will backfire on OPEC. People will stop traveling and spending. Truckers are getting pissed off.
 
12%,

Did you see this? Your opinion?
Calling tops in crude is dangerous. I would wait for a break of the trendline before doing that, currently just under 120, putting heavy pressure on 121 recent lows. First clues will come from the 5 dma momentum line. The 135 level (May high) is definite reistance, so there is selling pressure. But that does not mean gasoline is cheap or that oil bulls are done.
 
Now is the time to start to short oil stocks. TULIP THEORY. BTW we should rally from here. SP is down .90% right now.

I started this 2 weeks ago. In 1 week I was up 50%. I posted over in the Oil thread that I should sell, but of course I didn't. As of now, I'm down 49%. :nuts:

Despite taking it in the shorts, I'm with you, I think I'll do well by shorting.
 
just a bump ,hang tight. ;) Buffett betting on the SP500 that it will beat hedge funds.

I don't know we are talking about someone who has more money than OPEC and $320,000 is like a $1 bet for him and this bet is over a 10 year period he won't even be around to pay it.

Buffett is going up against Protégé Partners LLC, a New York-based money manager that picks hedge funds for its clients.
Loomis writes: "Each side put up roughly $320,000. The total funds of about $640,000 were used to buy a zero-coupon Treasury bond that will be worth $1 million at the bet’s conclusion." Whichever side wins, the proceeds will go to charity.
Loomis, detailing the manager fees that will reduce the net returns realized by the hedge funds, figures that Protege can only win the bet by performing "much, much better than the S&P.
"And maybe they will. Buffett himself assesses his chances of winning at only 60%, which he grants is less of an edge than he usually likes to have," she writes.
"Protégé figures its own probabilities of winning at a heady 85%."
Before you read Buffett’s bet as a ringing endorsement of the S&P 500 index’s potential over the next decade, remember that he has made his multibillions by adeptly picking individual stocks and companies -- not by settling for the market return.​
 
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