12%ayear's Account Talk

[Warrenlm]

I keep thinking Greenspan has some hidden motive to keep talking negatively. What he's saying has been said by many but he knows his words make stories. It's almost like he's trying to make his negative thoughts come true on his timeline. Is this the only way he can either stroke his ego or make a supplement to his pension?

Do you think the Fed will repeat its tactic of injecting even more M3 if another Shanghai contraction starts?

 

[12%ayear]

GM, IMO I think you will see a sell-off today based on the Chinese market getting slammed. It will not work twice, the fact that it was slammed and the USMs ignored it. Also, I think OSMs tonight will dip and tomorrow, we will see a rebound in the USMs on the ISM number coming out at 10:00. Went to the C Fund..large cap action time!!!!

 

[12%ayear]

Like to see when futures are red before the opening. Great sign for a run. The C Fund is overdue for a nice pop compared to the S Fund. Large Caps are overdue. Locked the .18% yesterday and will see what today brings. Still cautious, but risk is a must in order to achieve a higher rate of return.

 

[ChemEng]

Like to see when futures are red before the opening. Great sign for a run. The C Fund is overdue for a nice pop compared to the S Fund. Large Caps are overdue. Locked the .18% yesterday and will see what today brings. Still cautious, but risk is a must in order to achieve a higher rate of return.

Im tending to agree with you 12%. Looks like a good opportunity to buy the red. Now just got to figure out which one is the ripest.

 

[The_Technician]

Like to see when futures are red before the opening. Great sign for a run. The C Fund is overdue for a nice pop compared to the S Fund. Large Caps are overdue. Locked the .18% yesterday and will see what today brings. Still cautious, but risk is a must in order to achieve a higher rate of return.

I find that the opportunity is tempting, but the circumstances unique to a 10% or greater drop ......makes one hesitant to jump in......

 

[12%ayear]

I find that the opportunity is tempting, but the circumstances unique to a 10% or greater drop ......makes one hesitant to jump in......

It does look like a Perfect Storm is brewing, but I need more data to try to find out when. I do think the later part of the year, you will see a sell-off..opposite of the beginning part.

 

[12%ayear]

Call me crazy..I see a rally today...10:00 numbers come out..

 

[FogSailing]

The new looks a bit "bittersweet" to me at this momemt. I was expecting some profit taking to occur. Europe is set to raise interest rates, I looks like it needs a pause and must be tied (considering the China fluctuations), the chances for an interest rate reduction in the US are less given Ben's comments and P&G doesn't report a pofit. Only good news appears to be M&A....

So...I'm thinking the USM may be flat or slightly down today and "pop" tomorrow..but then again...I'm really a novice at this...and I'm always surprised when I attempt to apply logic to the market..

Right now I'm planning C or S for tomorrow..I'll watch what you guys do.

FS

 

[12%ayear]

This is a whacky market as of late, so I would not be surprised to see a strong push into the green. These hedge funds play games with this kind of stuff. Apply the No sense makes sense theory.

 

[12%ayear]

stayed put in the C Fund... thus far ..not too bad..after yesterday down .46%..today. Not worried, still feel, there will buying this afternoon and close green or close to it.

 

[12%ayear]

Watch the squeeze. Went long went QQQQs today for a trade.

 

[USNAVYRETIRED]

Watch the squeeze. Went long went QQQQs today for a trade.

12%... Just what the heck is a QQQQ????

 

[weatherweenie]

Just what the heck is a QQQQ????

QQQQ is the ticker symbol for PowerShares QQQ

 

[draggen3]

qqq is the stock to buy nasdaq , like spy is for the sp500
http://finance.yahoo.com/q?s=qqqq
I will still lurk ,banned member draggen3, for talking in the no chat forum .

thxs 12%, your comments are apart of my required reading , here is a forum you might like because you think like a trader as do I .Its just you seem to be better at it .I just wish we could short the c,s,i,f, fund . chow good luck to all but EWGUY! He knows why

http://traders-talk.com/mb2/index.php?act=home

 

[12%ayear]

not bad at all....lost .35% after yesterday gain of .18%. Easily make that up tomorrow.

 

[tsptalk]

I will still lurk ,banned member draggen3, for talking in the no chat forum .

OK, draggen - point taken, but please don't drag us down that path again. I'd appreciate it if we just moved on. Thanks!

 

[12%ayear]

This is how money is made. Everyone seems to be running for cover. However;with the futures in deep red, it gives me a postive feeling about today. It is better to be in the red with the futures because many will short and sell out of panic. That is when the real buyers step up. Looking for a green day for the C Fund and I might be going into the I Fund. I am bearish in the later part of the year. Also, remember what I wrote about that sub-prime was an issue,well the Fed confirmed it yesterday. I am up a tad under 15% for the year, so I could take a gamble. There is about 30 weeks left of the year and if you stay in the G Fund and grab the 0.08%, you will be able to obtain 2.40%. Love this kind of market. Also interest rates were raised overseas. GL

 

[Show-me]

I'm headed to the I fund today. It seem that when ever the FTSE flushes out it usually rebounds nicely. Also, FTSE should be at the 20 sma for support.

GL everyone.

 

[12%ayear]

OK, I think we hit the low of the day here IMO. Watch the buying come in and ramp up. THE DJIA LOW WAS 13505

 

[12%ayear]

OK, I think we hit the low of the day here IMO. Watch the buying come in and ramp up. THE DJIA LOW WAS 13505

Hmmmm, the dip was higher than I thought. I will eat my hat if we do not rally away from these loses today. Mark my words. Feeling you will see a rampup .