12%ayear's Account Talk

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I sell stuff on Ebay. The last 2 weeks seemed to have slowed down a bit. Ebay is even offering free listing fees for the month of September. I have to believe that Ebay has the pulse of the economy. I'd be curious to look at their numbers to see what things have slowed down.
 
Great day for the I FUND. Remember 2 keys things. The Fed meeting today after the market is closed and Labor Day the USMs are closed. That being said , the I Fund is in a great postion for Monday. The Fed shows any signs and were are off to the races. There will be 2 days of gains......Monday AND Tuesday.
 
12%ayear said:
Great day for the I FUND. Remember 2 keys things. The Fed meeting today after the market is closed and Labor Day the USMs are closed. That being said , the I Fund is in a great postion for Monday. The Fed shows any signs and were are off to the races. There will be 2 days of gains......Monday AND Tuesday.
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Could we see a rate cut today? Maybe, Prez is speaking as is Ben.....
 
Couldn't find your thread for the daily guess but I'm going to guess a market close of +198 today DJIA. We'll see what the roulette wheel hits at 4pm.
 
Fed and Bush were the push we needed today along with DELL. OSMs now are in great shape for Tuesday. Monday will be a easy postive for OSMs.
 
Look for a run to high 13000s before we see a mini-pullback. We should break new highs before the big correction 2008.
 
Obviously a good and a very popular thread and it was getting difficult to go back and find references. Still the same, just a monthly.'

Good luck everyone.
 
12%ayear said:
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.
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posted above last week.... read "Lower rates may trigger a period of high inflation, which would have to be dealt with over time, but this was the "lesser of two evils", said Mr Feldstein..... http://news.independent.co.uk/business/news/article2921895.ece
 
No time to run for shelter for Wednesday. Pending Home Sales and Fed's Beige Book coming out. This will spark a nice rally on improving home sales and hints from the Fed's beige book. IMO we blast-off tomorrow.
 
12%ayear said:
No time to run for shelter for Wednesday. Pending Home Sales and Fed's Beige Book coming out. This will spark a nice rally on improving home sales and hints from the Fed's beige book. IMO we blast-off tomorrow.
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staying in the I FUND for tomorrow based on being the laggard today. Also, Nikkei overdue for a bounce after 2 down days. Tomorrow, we have the Homes Sales coming out at 10 and Fed's Beige's book. Hints on the economy. US Dollar is overbought also. I FUND looking great for Wed. IMO. BTW so far my laggard plays have been 2-2.
 
NIKKEI easy 1-2% pop tonight and US DOLLAR selling off after-hours. Looking for a 1%+ gain tomorrow in the I FUND !! SHALOM
 
12%ayear said:
NIKKEI easy 1-2% pop tonight and US DOLLAR selling off after-hours. Looking for a 1%+ gain tomorrow in the I FUND !! SHALOM
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well,well,well..I was WRONG about that EASY1-2% pop. That was a very risky word I used that backfired on me...EASY...nothing is easy. However;I still have faith that today will be good based on the report at 10 and the FED Beige Book. Nikkei is now way oversold and I intend to stay in the I Fund for the bounce. Gl:)
 
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