12%ayear's Account Talk

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12%... how about that software update for the iPhone to finally get/send pics via the text messenger?! It's like 2003 all over again :) We should make a TSP app... a better GUI to enter IFTs on the fly.
 
October will be a good month. The I Fund is way under performing the rest. I did my first transfer for tomorrow into the I Fund. Also you will see the DJIA break the 10,000 level this month. Fedgolfer, yes the new software is the 3.1 and MMS (Multimedia Messaging Service) is here. u know you can e-mail pictures right?
hurray.gif
 
Locking the profits. Lookout for no deal in Greece over the weekend. Germany is thinking twice about throwing good money away. Also, Monday is a holiday. Too many bullish people in the media. Looking for a pullback with oil prices too high.
 
12%ayear said:
Locking the profits. Lookout for no deal in Greece over the weekend. Germany is thinking twice about throwing good money away. Also, Monday is a holiday. Too many bullish people in the media. Looking for a pullback with oil prices too high.
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12%, welcome back.
 
If you are a believer that earnings are sustainable, stocks certainly do not look expensive yet. It's always darkest before the dawn. It was darl out there - real dark. And yet, we should have all bought more. Hopefully you have overcome your fear of taphophobia.
 
nnuut said:
Why Hello 12%, I'm with you on this one!
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The rally was justified based on strong earnings. However, now we face the stage of news(earnings season gone) and selling into it. I see a pullback because many are buying into this rally phase. Oil prices are going to effect the bottom-line of any companies' balance sheet. Greece is a mess and I bet something will delay any results over the weekend. I do think the I Fund will be the winning fund for 2012. However, we will see fear come back into the markets. Also, Apple is a great stock to short here. The hype of the IPad 3 will kill sales this month because people are just waiting. You will see that the IPad 3 have problems. Looking for a red day today, you will see selling starting in a little while.
 
Europe is having a hard time swallowing the Greece Bailout. Looking for some pullback this week and next. Already, it is starting to show. Earning season is over and time for the markets to pullback. Everyone is too bullish. Oil prices are going to stall the rally. Euro-area manufacturing and services unexpectedly fell in February and China’s factory output shrank for the fourth month from Bloomberg. Fitch ratings agency on Wednesday slashed its rating for Greek sovereign debt to “C” from “CCC”, indicating that default is “highly likely in the near term”.
from CNBC. Markets are ahead of themselves this year. Locked profits Friday and waiting for a pullback. No need to be greedy this early on.
 
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