12%ayear's Account Talk

Thanks ... Looking great for the week. Great time to be be fully invested because any glimer of good news will cause the markets to explode.So much bad news is baked in the downfall of the markets. Look at Monday for example, over 70,000 were laid off. The layoffs are the last stage of a bear market. The markets will only improve with some hiccups along the way. I think we are entering the very early stages of a bull market. Notice I said very early. We all know the facts about the recession,unemployment spikes,consumers not spending, and fear. Now lets look at some postive tea leaves. Inflation is under control, interest rates are at an all-time low,new government,bank failures is old news,and the Fed is creating new tools to fight this nasty economy. I can see the DJIA break 10,000 by 12-31-09. Remember the markets forecast the futures. Also with the earnings season, the bar was lowered so much that any hint of good news will be reward. There are many great buys to be had for short money. Mutual Funds are starting to buy again. Good Luck
grin.gif
Here is how the economy works....
nice day
 
Calling this the bottom.....Too much negative news baked in. 7200-7300 LEVEL is the bottom.

Haven't seen you for a while, good to have you back! I like your bottom call...at least for the short term. The main reason I like it so much is I want to sell! Target: 815
 
Calling this the bottom.....Too much negative news baked in. 7200-7300 LEVEL is the bottom.


It's great to have you back!!

7300 - (or slightly over) - is where I see Markets ending.

At this point I don't care what the politicians say - I go with the economists and still believe the BULL (and damn it I mean the real BULL and not a brief rally) will take place and hold THIS YEAR. :D:D
 
Thanks gang, we should see the markets bounce back from these low levels here. . IMO I see a nice bounce back to the 9000s -10000s this year. Good Luck
 
We have plenty of good news coming down the pipeline. The new Mortgage Plan goes into effect March. Tax cuts are in effect soon. Any hint of good news will cause the markets to explode. Bottom-line, stay fully invested because you will see major momo. ;).
 
I don't know. I have the older version. When I try and do a transfer on that E system I can get on the TSP site and log in but by the time I get to the transfer stage it tells me my IP address has changed while I was logged in with some security message and doesn't allow it.
 
I don't know. I have the older version. When I try and do a transfer on that E system I can get on the TSP site and long in but by the time I get to the transfer stage it tells me my IP address has changed while I was longed in with some security message and doesn't allow it.

Thanks mojo.
 
Nice to have you back 12%.

Btw, can you make IFTs on an Iphone?
Hope all is well. Mojo is correct. You can log into your TSP account, however; it will not allow any transfers. The best part about the Iphone 3G are the apps. If you have one or need help let me know. Just e-mail me, I have a ton of tricks on it.
 
Hope all is well. Mojo is correct. You can log into your TSP account, however; it will not allow any transfers. The best part about the Iphone 3G are the apps. If you have one or need help let me know. Just e-mail me, I have a ton of tricks on it.

I have the I-touch right now. I'm begining to dislike Apple. Whenever I try to download an update, the site seems to be down.

Thanks, but since I can't do IFTs on the I-phone, I'll pass on it.
 
I have the I-touch right now. I'm begining to dislike Apple. Whenever I try to download an update, the site seems to be down.

Thanks, but since I can't do IFTs on the I-phone, I'll pass on it.
350z, You if you get the Iphone 3G you would love it. 3G is the key, I cannot put my Iphone down.
 
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