12%ayear's Account Talk

I decided to follow you guys in the I fund tomorrow also. With the markets over sold this is a risky move but maybe we will get a nice bounce...:nuts:
 
It is getting pretty close to pull the trigger and sideline. I do not like what I am seeing as of late. Like I said several days ago, you will see 13000 because many though it would retreat like 12000,11000, and 10000. My gut is DJIA 13200 range before a dip. However; It seems that the earnings are coming to an end and the Dow will start to focus on DATA not earnings. I would not be surprised to see a 5-10% correction. My personal goals have almost been met. Oil is rising,dollar is oversold,real estate sales are bad,building has slowed, spending is next.
 
You and the Ebbtracker are in sync today in the I fund. If you don't mind my asking, what do you think tomorrow will bring??? :confused:
Please do not go by me. But IMO, Japan is overdo for a bounce. Also you have APPLE reporting tonight. Apple should be good. My thinking is maybe one more day in the I Fund and then sidelining.
 
Please do not go by me. But IMO, Japan is overdo for a bounce. Also you have APPLE reporting tonight. Apple should be good. My thinking is maybe one more day in the I Fund and then sidelining.

Thanks for the info. And just why shouldn't I go by you?? You've been doing VERY well. I hope you can keep it up for the rest of the year. But then you'll have to change your name to 24%ayear (or more). :cool:
 
Remember folks...ahs Apple reports. Also Friday..Microsoft,,they are a jinx to markets. I plan to sideline tomorrow. Japanese markets will/explode tonight. They have been getting killed.
 
After tomorrow IMO be very careful. The markets are acting like there are no inflation problems. This last 2 weeks has been nothing but a suckers rally. Earnings have been running the show,however;that will soon end. That is why i put up my new avatar, to remind myself and others. I see the DJIA 's top around 13200.
 
12%ayear,

Is there a system you use to determine your IFTs? If so can you share it?

AIF
No, it is pretty much based on data. I try to look ahead to see what is coming in terms of news,earnings,historical data,and my gut feeling.
 
APPLE reported great numbers. After-hours the QQQQs are going insane. This will spill over into OSMs. After tomorrow, I am pressing the RED ALERT button. Markets are looking like a freight train ready to derail. It might be a tad soon, but I rather miss 200 up points in the Dow than get caught in a fishnet on the way down!!
 
APPLE reported great numbers. After-hours the QQQQs are going insane. This will spill over into OSMs. After tomorrow, I am pressing the RED ALERT button. Markets are looking like a freight train ready to derail. It might be a tad soon, but I rather miss 200 up points in the Dow than get caught in a fishnet on the way down!!

I just hope they don't take it down tomorrow afternoon.
 
I'm just sticking my bull horns here and there. With the MCSUM at better than +900 you are really not going to see any kind of chance of a trending decline in price until it gets closer to the +500 level of the previous March lows. Even bearish Griffin is at 100%C fund - what does that tell you.
 
Too many bullish people. Time to exit today and protect any profits. MSFT is know to start a sell-off with the NASDAQ with earnings. They report after-hours today. So far, OSMs look great, the only setback is the US DOLLAR is up just a tad. My gut feeling is that the I Fund will do good today,but others will be flat or down a tad. All this talk about a bullrun is crazy. In the 1990s when we had a bullrun, you had no inflation,new tech., such as the internet, people buying personal computers,oil was cheap...........Today you have high inflation and going higher..food and fuel costs. Also, the dollar is worth crap. Real Estate sales are bad, along with homeowners taking out less equity loans out because for 3 reasons..banks are tightning leading policies,they cannot afford the payments,and the property is worth less. IMO this market is set-up for a big drop. But I will jump in and out when I feel good about certain days. GL
 
Too many bullish people. Time to exit today and protect any profits. MSFT is know to start a sell-off with the NASDAQ with earnings. They report after-hours today. So far, OSMs look great, the only setback is the US DOLLAR is up just a tad. My gut feeling is that the I Fund will do good today,but others will be flat or down a tad. All this talk about a bullrun is crazy. In the 1990s when we had a bullrun, you had no inflation,new tech., such as the internet, people buying personal computers,oil was cheap...........Today you have high inflation and going higher..food and fuel costs. Also, the dollar is worth crap. Real Estate sales are bad, along with homeowners taking out less equity loans out because for 3 reasons..banks are tightning leading policies,they cannot afford the payments,and the property is worth less. IMO this market is set-up for a big drop. But I will jump in and out when I feel good about certain days. GL

HEY STOP IT! Your sounding like me and my return went in the crapper this year. LOL :laugh: ;)
 
Friend of mine who's father works in the Houston Oil Refineries has informed me there are problems that will spike gas prices next month or so. I think I will request to telework 100% from home.
 
Friend of mine who's father works in the Houston Oil Refineries has informed me there are problems that will spike gas prices next month or so. I think I will request to telework 100% from home.

Details........we need details!
 
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