12%ayear's Account Talk

[kar_crazy]

cool spider thanks 12% pic even better:blink:

 

[12%ayear]

fwiw went to the I Fund for tomorrow based on NIKKEI and dollar.

 

[12%ayear]

nice comeback in the markets..Small caps were down heavy and fought there way back for a .10% return. I think Asia will rally and along with Europe.This will hold well for the I Fund, Wednesday... GL

 

[12%ayear]

OSMs looking great. US DOLLAR stronger today, but report can make it drop. GL

 

[12%ayear]

locking profits today and going into the f fund.

 

[12%ayear]

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.

I posted above last Wednesday. I see today we reached that 13200s level. The DJIA has has a huge run-up and to me it feels frothy/toppy right now. IMO...protect the profits and wait for the next move before being stuck in a downfall. When the DJIA falls, it will fall hard. I went to the bonds just for sidelining.

 

[12%ayear]

nice little profit today to add to our collection. Time to be careful!!

 

[12%ayear]

Here comes the tricky part for people. Do I chase the run-up? Is it for real? I missed the rally and I am mad some will say, so they throw in the towel. The pros will say...sideline and wait!! The DJIA hit my target of 13200. IMO I think you will see the 12000s so enough. The DJIA has not be down 2 days straight since early March. Earnings are coming to the end and oil is climbing. Guess what? Inflationary pressure resumes. Also I strongly feel that the later part of this year...you will see a huge sell-off. However; I still will be will a market-timer hobo and jump on a moving train here and there.

 

[Show-me]

False rally, IMO. Market desperate for any good news, but the Job Numbers could be spun any way they want. If #'s come in high........"see the economy is great more new jobs." If #'s come in low........."see business are cutting cost and make'n money."

Market expects 100k new jobs. I thought the economy needed 150+ just to keep up with the inflow of new kids coming into the labor market.

Flip of a coin on Friday.

 

[12%ayear]

False rally, IMO. Market desperate for any good news, but the Job Numbers could be spun any way they want. If #'s come in high........"see the economy is great more new jobs." If #'s come in low........."see business are cutting cost and make'n money."

Market expects 100k new jobs. I thought the economy needed 150+ just to keep up with the inflow of new kids coming into the labor market.

Flip of a coin on Friday.

here is a great avatar for you....http://www.scholastic.ca/education/show_me/images/show-me_logo.jpg

 

[Show-me]

Cool!

 

[12%ayear]

lol, now CNBC is talking about the S&P hitting record highs. Give me a break!!!

 

[wht00ss]

lol, now CNBC is talking about the S&P hitting record highs. Give me a break!!!

CNBC has become a joke. Traders I talk to at Merrill say only idiots listen to their sideline cheerleading but unfortunatley on TV they are still the only game. I can only watch it with the sound off. Maybe Rupert Murdoch will come up with something at FOX a little more realistic.

white

 

[IllinifanMichael]

CNBC has become a joke. Traders I talk to at Merrill say only idiots listen to their sideline cheerleading but unfortunatley on TV they are still the only game. I can only watch it with the sound off. Maybe Rupert Murdoch will come up with something at FOX a little more realistic.

white

They are a joke definitely, but I use them as a laugh and different perspective... and if you were watching yesterday Liz was briefly excited about the market going up!! Everyone of their analyst's are so wishy washy it's unbelievable, NONE of them ever want to make a commitment one way or another, so then following day they can say'" I said blah , blah, blah."

 

[12%ayear]

fwiw I am going to the I Fund for tomorrow.
``The market is bearish on the dollar,'' said Boris Schlossberg, senior currency strategist in New York at DailyFX.com in New York. ``There is evidence that the job data will be weak tomorrow.'' Also, with the Dollar up 2 days, I think that tomorrow the Dollar will sell-off...Friday.

 

[ChemEng]

Are all international markets open again tonight/tomorrow?

 

[USNAVYRETIRED]

fwiw I am going to the I Fund for tomorrow.
``The market is bearish on the dollar,'' said Boris Schlossberg, senior currency strategist in New York at DailyFX.com in New York. ``There is evidence that the job data will be weak tomorrow.'' Also, with the Dollar up 2 days, I think that tomorrow the Dollar will sell-off...Friday.

12%... Thanks, I got your PM but also I see your IFT here. Good Luck!!!

 

[12%ayear]

Are all international markets open again tonight/tomorrow?

Don't quote me on this. I believe Japan is closed tonight. Someone please confirm this. I will look it up..pretty sure though.

 

[IllinifanMichael]

Don't quote me on this. I believe Japan is closed tonight. Someone please confirm this. I will look it up..pretty sure though.

So then with the Japanese markets being closed Thur/Fri the I Fund should rise? Because of the "lack of volitility" the yen or maybe because the yen would be "stable" for those 2 days? :embarrest:

I read it yesterday somewhere. Do you want me to find it?

 

[wht00ss]

ADP report was 64k jobs. Japan still closed for Friday with Golden Week Vacation. Gutsy call on I fund. May just be a push till Monday when everyone is open.

white