12%ayear's Account Talk

[12%ayear]

Fed will cut again soon. Looking for a drop and pop. Some news goods will lift the markets.

 

[Steadygain]

Fed will cut again soon. Looking for a drop and pop. Some news goods will lift the markets.

You da Man bro.

Fed won't go to 0% - but we'll see.

 

[weatherweenie]

Fed will cut again soon. Looking for a drop and pop. Some news goods will lift the markets.

You make some good and gutsy calls, but I just don't see the Fed cutting anytime soon.

If they do, it will be a signal that things have become MUCH worse. Even then, all signs point to the Fed raising rates before they cut.

 

[Steadygain]

You make some good and gutsy calls, but I just don't see the Fed cutting anytime soon.

If they do, it will be a signal that things have become MUCH worse. Even then, all signs point to the Fed raising rates before they cut.

WOW - TSP Universe - that is very cool.

Sorry Birch - but Elite (as great as it looks) lost a little of its glow.



OK - 12% - I'm leaving.

 

[12%ayear]

You make some good and gutsy calls, but I just don't see the Fed cutting anytime soon.

If they do, it will be a signal that things have become MUCH worse. Even then, all signs point to the Fed raising rates before they cut.

Inflation is under control now because of oil falling from the high $140s to $100. Also, we have a stronger dollar to boot. I am looking for a green day today.

 

[tsptalk]

I heard that the futures are pointing toward an 80% chance of a rate cut at the December meeting. Rick Santelli gave some reason why that equated to only a 50% chance, but I missed what he said. They didn't mention next week's meeting.

 

[ATCJeff]

Fed will cut again soon. Looking for a drop and pop. Some news goods will lift the markets.

12 there is no chance in hell the Feds will cut!

 

[ATCJeff]

Inflation is under control now because of oil falling from the high $140s to $100. Also, we have a stronger dollar to boot. I am looking for a green day today.

No way!

 

[FUTURESTRADER]

one bright spot...we did bounce off 1214 on S&P, low july close, touched 1200 back then, 1211 low today...so far. I dunno about 1929 but 2000 -49% tech bubble is looking more and more familiar every day

 

[Frixxxx]

12 there is no chance in hell the Feds will cut!

You are absolutely correct. If there was an interest rate cut now, the US banking market would start to eat itself. They aren't making money NOW and the FED can't buy out everyone with a loan!!!!

 

[Steadygain]

I am looking for a green day today.

Well it's GREEN

We're likely entering the greatest BULL MARKET since the Markets came into being. Press and everyone else is just trying to fool us.

 

[ATCJeff]

.... I am looking for a green day today.

No way!

Man did we get close. Almost a nice call 12. Though there's still about 2 hours togo.

 

[amoeba]

bouncing of a ceiling

the market isn't bouncing off a bottom, it is bouncing off the ceiling, at about 1270.

Notwithstanding the recent dollar strength (and oil decline), the fed isn't likely to cut, and whatever they do - I'm not sure it matters that much;

What does matter are the financials, which are falling like a house of cards - one after the other - bear, lehman, countrywide, wamu;

Phony S&P ratings of LEH (compare to moody's) aren't helping matters; and don't tell me its over, there is some "pop" coming (sounds like real estate agents saying that 2008 is the time to buy).

I see nothing positive - except maybe the fact that the various equity funds have "only" dropped 15-20% in the face of this mess;

So tell me the truth - - - is there ANYONE out there that would not bail if the S&P hit 1270 again? Doubt it. Looks to me that there anyone left in the equities is looking for an opportunity to sell.

I won't be catching any falling knives in the near future; see you after the election......, or when the S&P hits 1,000, whichever comes first.

 

[Braveheart]

I heard that the futures are pointing toward an 80% chance of a rate cut at the December meeting. Rick Santelli gave some reason why that equated to only a 50% chance, but I missed what he said. They didn't mention next week's meeting.

I hope they pump that news all the way through tomorrow and we get back to 1267 and I move right over to the F Fund.

I dollar will lower on a cut which may help the I.

I don't fell at ease in this market and being in 100% was just stupid stupid stupid:nuts:

 

[Steadygain]

Re: bouncing of a ceiling

the market isn't bouncing off a bottom, it is bouncing off the ceiling, at about 1270.

Notwithstanding the recent dollar strength (and oil decline), the fed isn't likely to cut, and whatever they do - I'm not sure it matters that much;

What does matter are the financials, which are falling like a house of cards - one after the other - bear, lehman, countrywide, wamu;

Phony S&P ratings of LEH (compare to moody's) aren't helping matters; and don't tell me its over, there is some "pop" coming (sounds like real estate agents saying that 2008 is the time to buy).

I see nothing positive - except maybe the fact that the various equity funds have "only" dropped 15-20% in the face of this mess;

So tell me the truth - - - is there ANYONE out there that would not bail if the S&P hit 1270 again? Doubt it. Looks to me that there anyone left in the equities is looking for an opportunity to sell.

I won't be catching any falling knives in the near future; see you after the election......, or when the S&P hits 1,000, whichever comes first.

Amoeba, I'm impressed.

This is the kind of message you should post on your own thread to help others take note when you come on.

There is only ONE that would not Bail and that is the Truth -- he essentially collects shares over and over and will only let go when 'new highs' come in in the distant future.

 

[ATCJeff]

Man did we get close. Almost a nice call 12. Though there's still about 2 hours togo.

It's last 5 mins that counts. Wow, what a ride today. Nice call 12.

 

[nnuut]

:dView attachment 4657

 

[12%ayear]

Inflation is under control now because of oil falling from the high $140s to $100. Also, we have a stronger dollar to boot. I am looking for a green day today.

nice green day

 

[vic]

Great call 12%. U DA MAN

 

[12%ayear]

Re: bouncing of a ceiling

the market isn't bouncing off a bottom, it is bouncing off the ceiling, at about 1270.

Notwithstanding the recent dollar strength (and oil decline), the fed isn't likely to cut, and whatever they do - I'm not sure it matters that much;

What does matter are the financials, which are falling like a house of cards - one after the other - bear, lehman, countrywide, wamu;

Phony S&P ratings of LEH (compare to moody's) aren't helping matters; and don't tell me its over, there is some "pop" coming (sounds like real estate agents saying that 2008 is the time to buy).

I see nothing positive - except maybe the fact that the various equity funds have "only" dropped 15-20% in the face of this mess;

So tell me the truth - - - is there ANYONE out there that would not bail if the S&P hit 1270 again? Doubt it. Looks to me that there anyone left in the equities is looking for an opportunity to sell.

I won't be catching any falling knives in the near future; see you after the election......, or when the S&P hits 1,000, whichever comes first.

You are the majority in thinking this. I beg to differ. All the bad news is factored in and when everyone is talking how bad it is, it is too late to become a bear..the same with the opposite. Everyone compares this to 1929. We are living in a modern era with an active Fed and Tech., to block a depression to occur . We are seeing a stronger US Dollar ,lower inflation, cheap real estate prices,where buyers are stepping in,and moxie. Watch how this market fools everyone and rallies hard 12500-13000s range, before end of the year. Bookmark this!!!