12%ayear's Account Talk

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Corepuncher said:
It's being used today. It's just not all in one day. Big crash. Waiting for the upward crash now!

Just wait until someone starts talking about the government literally putting money into the stock market. Just the anticipation of that occurring would spark a big rally.
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Yeah, I heard it used too on CNBC.
 
12%ayear said:
Relax, it will bounce back as fast as it dropped. Not worried.;)
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12% I am taking a good beatdown. I wonder with 2 IFT's if moving to the I Fund today could be huge if the World leaders have a plan in place by Sunday night. Then move back to the C Fund

I also expect the Fed to Cut again another .50 basis points. Thoughts !!!
 
Braveheart said:
12% I am taking a good beatdown. I wonder with 2 IFT's if moving to the I Fund today could be huge if the World leaders have a plan in place by Sunday night. Then move back to the C Fund

I also expect the Fed to Cut again another .50 basis points. Thoughts !!!
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Any fund will do at this stage. Stay postioned and do not panic. Jumping around at this stage (like going into the G Fund is scary). I am 100% in the C FUND. You are going to see +700-+1200 days. Remember, the markets are flushed out and shorts caused yesterdays huge drop along with GM. When they get squeezed, you are going to see the biggest one day gain in DJIA history. WATCH FOR GOVERNMENT TO HALT SHORTING AGAIN!!!!!!! jUST SIT AND WAIT.
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You will not see double digits gains or losses for the daily DJIA for awhile until this corrects itself. I see a mega one day pop like I said early for the DJIA. Looking easily for a +2000 day wonder pop. It will be quick when it happens. The day will start in red and then go nuts to the upside. cOULD THAT DAY BE TODAY???????;)
 
12%,
Analysts at CNBC Europe early today appear to expect the G7 meeting this weekend in Washington to address the credit and other issues to avert a deeper recession. The expectation is that their efforts would fail if they don't reach a consensus. Also interviewed was a representative from a British financial outfit (I think the name is Nab Capital). He suggested that confidence in the markets could be restored, for example, if the G7 countries would buy CDs and other paper from their Banks. This measure would have the effect of lowering money market yields that are currently higher than the fed fund rates (I think this is the explanation). This would free money market moneys to flow into the stock and currency markets, making at least a short term bounce possible. I hope that I was able to explain this properly. The G7 actions would not avoid an impending recession but it would avoid a deeper downturn. Makes sense?
 
I hope we don't get a measurable pop until I get some prescient buys under my belt. Sitting on $150K to throw done the well.
 
12%ayear said:
Any fund will do at this stage. Stay postioned and do not panic. Jumping around at this stage (like going into the G Fund is scary). I am 100% in the C FUND. You are going to see +700-+1200 days. Remember, the markets are flushed out and shorts caused yesterdays huge drop along with GM. When they get squeezed, you are going to see the biggest one day gain in DJIA history. WATCH FOR GOVERNMENT TO HALT SHORTING AGAIN!!!!!!! jUST SIT AND WAIT.
avatar165540_28.gif
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Thanks I feel better now LoL I am thinking of buying a 2007 SUV in the next week since they are dropping like a rock. All 2008 are garbage from every company and the 2007 were not even sold. I figure I walk in with cash and the sticker price on a 2007 Eddie Bauer Exp New Black is $17,000 well for me sitting in a lot for 2 years is old so I will offer $9,000 the salesman has 2 minutes to decide..no games take it or it will sit and go to auction we do have power and right now cash talks !!! The 2009's are out buy these dealers can't sell anything because no one can get a loan. I figure the 2007's all models will be made better than any 08/09 so that is my target. I will try this a 3 different dealers no games or BS this is my price take it or you won't pay the lease this month. Barter Rules are Back !!!:nuts:
 
It would appear that the U.S. small investor dropped a large one in their pants on the open - now they will be sorry for the cut and run emotion. This is perfecto.
 
DCguy said:
Cramer and Goldman Sachs CEO both predicted there's great possibility that Dow will drop below 8k
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I guess Cramer was right about the stock market. :mad:

Also I heard on radio Whoopi Goldberg said the bailout money should have been given to homeowners whos unable to refinance because they are upsaide down on montgage. The govt should have given the loan to homeowners to refinance at the current market value. $700 billion is enough to help 12+ million homeowners whos struggling to pay mortgage. The banks and IBs may survive, but 12 million ppl will go bankrupt..:worried:
 
Birchtree said:
It would appear that the U.S. small investor dropped a large one in their pants on the open - now they will be sorry for the cut and run emotion. This is perfecto.
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DOW and S&P dropped like a bomb early in trading. Maybe we are close to capitulation. Reminded me of 1987.........:worried:
 
At this point, I don't even care. I'm in for the long ride back up now. Good thing I have 12 years to retirement. BTW GO LONGHORNS!!!!!!
 
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