12%ayear's Account Talk

[Wrngway]

I'm sure that there are a lot of lending institutions that would love to see the Fed lower rates. In my un-infinite wisdom, I'll put on conspiracy cap and predict that those who are pulling the strings will try to put on a show of a weaker economy to bait the Fed into lowering interest rates.

Somebody tell me if I'm way off base here.

 

[12%ayear]

Here we go again with CNBC, the end of the world is coming. The Fed statement was stale to say the least. August 7th was about a month ago. Remember a ton of negative news hit the wire after Aug. 7th, which the Fed did not have. LOL, the Fed knows if they do not cut rates, the economy will go into a recession and the fingers will be pointing at them. I tend to stay fully invested at this stage. When you have Consumer Confidence down that is the blood of the economy. Very bad sign. Without spending, you have inventory problems,lays-offs,bad earnings,and global meltdown. The Fed has to try to help the economy or Ben will look very bad.

 

[12%ayear]

This market is setting-up for a blast into new highs. All the negative tone is great for the run. Many are sidelining,not a good move from here. The Fed will cut.25% basis point and become dovish. Thank God the Consumer number was bad. Reason more for the powder keg.I am looking for a new high before years end.

 

[12%ayear]

IMAX up 5% today. Thus far up 12% since I mentioned it Friday. Watch YHOO,STEM,VIAC,and IRBT

 

[12%ayear]

The small caps are the laggard of the bunch. It gave back (2.57) in 4 trading days vs. (1.03) in the I FUND 4 days. (2.12) in the C Fund 4 days.

 

[12%ayear]

This market is setting-up for a blast into new highs. All the negative tone is great for the run. Many are sidelining,not a good move from here. The Fed will cut.25% basis point and become dovish. Thank God the Consumer number was bad. Reason more for the powder keg.I am looking for a new high before years end.

see, here we go!! nice ending.It is what I was posting about. The Fed has to cut to improve the economy. It has nothing to do with bailing the lenders out.

 

[Wolverine]

Ok then. I will say Hyper Friday before this Holiday will be positive for a major Party at the Hamptons this weekend. LOL

 

[12%ayear]

Here we go again with CNBC, the end of the world is coming. The Fed statement was stale to say the least. August 7th was about a month ago. Remember a ton of negative news hit the wire after Aug. 7th, which the Fed did not have. LOL, the Fed knows if they do not cut rates, the economy will go into a recession and the fingers will be pointing at them. I tend to stay fully invested at this stage. When you have Consumer Confidence down that is the blood of the economy. Very bad sign. Without spending, you have inventory problems,lays-offs,bad earnings,and global meltdown. The Fed has to try to help the economy or Ben will look very bad.

Posted above yesterday. This is what the market said today..LOL.. http://biz.yahoo.com/ap/070829/wall_street.html?.v=31 Many investors believe the Federal Reserve will cut interest rates at its next meeting on Sept. 18 or even sooner and were preparing for Fed Chairman Ben Bernanke to hint at such a move on Friday at a speech in Jackson Hole, Wyo. The possibility of a rate cut has given Wall Street some hope that the stock market will recover from its summer volatility, and that right now, it's a good strategy to buy while the buying is cheap.

 

[12%ayear]

big number coming out today at 8:30am The GDP. Futrues a tad red. This is normal after coming off a rally yesterday. Looking for a very nice day today.

 

[12%ayear]

This is what I was talking about yesterday with the S Fund being the laggard. Look at it today, the best performer out of the bunch. That being said, the I Fund is looking like the fund for tomorrow. The I fund is the laggard today and is in my spotlight for Friday. It is very hard to trade the I Fund but today with that -.27 FV makes it look very attractive.

 

[12%ayear]

After doing some DD,I think I might be trying a new system out. Playing laggards. When a fund is down 1-3 days and lagging the rest. Play it for max.value. Of course I like to read data about what news is coming out to factor in such as earnings,fed meetings, and economic data.

 

[12%ayear]

I smell a push here for the USMs. Looking for rally to start the last 2 hours

 

[FogSailing]

I would love for you to be RIGHT ON!!!

FS

 

[fabijo]

After doing some DD,I think I might be trying a new system out. Playing laggards. When a fund is down 1-3 days and lagging the rest. Play it for max.value.

I thought of doing something similar earlier in the year. The problem was that, early on, the S fund just kept winning for weeks straight. To go with the laggard, you would've just waited in the C fund for a couple of weeks.

 

[12%ayear]

Bernanke plans to give a speech on housing and housing finance at an annual Fed conference in Jackson Hole, Wyo, on Friday, which will be closely studied for clues -- however subtle -- to any impending policy changes.
Some analysts on Wall Street expect Bernanke to signal that the Fed likely will cut its key interest rate at its Sept. 18 meeting from 5.25% currently. http://www.marketwatch.com/news/sto...E6-ED19-4ACA-B1AC-75D066426C5F}&dist=hplatest This is the time to be in the I Fund over the long weekend. Any hints will explode the OSMs and kill the US Dollar. Plus we get the bonus Monday. CROSS YOUR FINGERS. Ben will cut, he has no choice..Retail is very bad along with the real estate industy. I went to Home Depot today...no customers.

 

[GGal]

I went in a jewelry store today to get my ring cleaned. I asked the manager, "how's business."

He gave me a very negative response.

Incredibly, my husband keeps telling me that his business is very stable (his customers are other small businessess, primarily doctor groups and new car dealers and the like).

GGAL

 

[12%ayear]

Yes, the more data I read, the more I am thinking that a economic recession is going to occur. There has to be a fallout with all this surplus of real estate and bad lending. Although, I think we will have a run. Once earnings start to come out, you will see how bad it really is. Even if the Fed cuts rates, it will help the economy to a certain point. It is like breaking down on a main road, the towtruckdriver will take you to a gas station;however the rest is up to you. The towtruck driver is Ben..Anyway, the inventory problem is growing everyday. Also when was the last time the OSMs and USMs were down for the year. I will tell when ...2002, that is 5 years ago. We are overdue for a pause. I think we will break new highs and then retest ..don't laugh 10000-11000. Lending effects our driven power as a consumer. No money to buy products means inventory problems. Just look at the consumer conf. number. Horrible!! http://www.forbes.com/markets/econo...-closer-markets-econ-cx_af_0828markets26.html
Although the Consumer Confidence index remains at relatively high levels, further erosion would be a problem for the economy. Since consumer spending accounts for approximately two-thirds of U.S. economic activity, spendthrift shoppers would put the brakes on economic growth.

 

[Show-me]

I went to Home Depot today...no customers.

I went yesterday ........................ nada. My friend that works in cabinets said retail has dried up big time. I was a Lowe's also, same thing.

 

[12%ayear]

Yes, the more data I read, the more I am thinking that a economic recession is going to occur. There has to be a fallout with all this surplus of real estate and bad lending. Although, I think we will have a run. Once earnings start to come out, you will see how bad it really is. Even if the Fed cuts rates, it will help the economy to a certain point. It is like breaking down on a main road, the towtruckdriver will take you to a gas station;however the rest is up to you. The towtruck driver is Ben..Anyway, the inventory problem is growing everyday. Also when was the last time the OSMs and USMs were down for the year. I will tell when ...2002, that is 5 years ago. We are overdue for a pause. I think we will break new highs and then retest ..don't laugh 10000-11000. Lending effects our driven power as a consumer. No money to buy products means inventory problems. Just look at the consumer conf. number. Horrible!! http://www.forbes.com/markets/econo...-closer-markets-econ-cx_af_0828markets26.html
Although the Consumer Confidence index remains at relatively high levels, further erosion would be a problem for the economy. Since consumer spending accounts for approximately two-thirds of U.S. economic activity, spendthrift shoppers would put the brakes on economic growth.

read http://www.forbes.com/feeds/ap/2007/08/30/ap4069399.html

 

[Bullitt]

I went to Home Depot today...no customers.

Not much back to school shopping to be had at the Depot, unless you want to buy the kids plasma cutters for art class.