12%ayear's Account Talk

[12%ayear]

I see a tad of improvement, but its a trap. IMO, one more red day before we regroup and shot higher.

 

[12%ayear]

Retailers report sluggish October sales http://news.yahoo.com/s/ap/20071108/ap_on_bi_ge/retail_sales

 

[12%ayear]

watch the longs get trapped!! Markets will start to dip.

 

[12%ayear]

watch the longs get trapped!! Markets will start to dip.

see!! IMO triple digit losses again today.. The markets need the central banks to defend the dollar by buying it up and the Fed needs to cut. I think they will annouce something tomorrow about the US DOLLAR..............S FUND FOR FRIDAY

 

[love-to-bike]

Goldilocks just got out of bed and sat on a solar panel. Check out FSLR.

Fed,

Actually I own a chunk of FSLR - I'm a happy camper. I hold a bunch of AE stocks - since July, those holdings are up 81%.

 

[12%ayear]

"I think we are at a moment of economic crisis," Sen. Charles Schumer, D-N.Y., told Bernanke. "I am not surprised to hear experts such as your predecessor, Alan Greenspan, warn about the threat of a recession. I have begun to worry about it to."

 

[12%ayear]

It is very sad that the US DOLLAR is almost worthless. Our great country started big business should be the front runner. They(central bank) better get on the ball and start supporting the US DOLLAR by buying it up. I hate the fact that foreigners come here and shop because our currency starting to look like the Peso. Embrassing to say the least.

 

[Jonathan]

Interesting comments from Bernanke today...he's warning of stagflation. So basically, both equities and the bond market should be screwed.

No wonder the market's all over the place.

 

[Jonathan]

It is very sad that the US DOLLAR is almost worthless. Our great country started big business should be the front runner. They(central bank) better get on the ball and start supporting the US DOLLAR by buying it up. I hate the fact that foreigners come here and shop because our currency starting to look like the Peso. Embrassing to say the least.

It is, and it hurts the US consumer at exactly the time the US consumer has less to spend.

Frankly, with stagflation rearing its head, the responsible thing for Bernanke to do would be to crank interest rates, and rely on Congress to solve the mortgage crisis. That should get stagflation under control, while also raising the value of the dollar. It would hurt like hell given the current state of things, but considering the last few years, this adjustment SHOULD hurt and the pain is pretty much unavoidable, if we want an economy that is on sound footing.

 

[12%ayear]

watch the longs get trapped!! Markets will start to dip.

posted above this morning at 9:33 when markets were the highest level of the day.

 

[12%ayear]

see!! IMO triple digit losses again today.. The markets need the central banks to defend the dollar by buying it up and the Fed needs to cut. I think they will annouce something tomorrow about the US DOLLAR..............S FUND FOR FRIDAY

posted above at 9:36 am......I am going to say that Fed will cut sooner and the Central Bank will step in very soon.......The sell-off will get worse today. IMO....look for 300-500 points drop by the end of the day. This will set-up the FED and central bank to act as soon as tomorrow.

 

[Birchtree]

I'm going into the market at 1330 to make 21 individual purchases - no fear here just taking opportunity. Snort.

 

[Geaux4it]

I take it Uncle Ben has not said anything to help us out today.

Geaux

 

[12%ayear]

I'm going into the market at 1330 to make 21 individual purchases - no fear here just taking opportunity. Snort.

Best time to buy is closer to the bell today IMO

 

[charmed855]

I'm going into the market at 1330 to make 21 individual purchases - no fear here just taking opportunity. Snort.

Thanks - I'll buy in at 1325 before your huge volume has a chance to rally the market.

 

[12%ayear]

Trust me on this one. Brokerages will stepping up to the plate and declare that the Banks are a bargain and start a buying spree. I had a feeling that today was not going to be good. Glad I listened to myself. Now is the time to step in and be in stocks. Looking for a nice run up from these crappy levels. This is a true shake out and the FED/CENTRAL BANK will soon come to the aid. My 2 cents. MAX PAIN looking for 12000s levels.today...This would be a flushout that was needed.

 

[eccougar]

see!! IMO triple digit losses again today.

Great call 12%

 

[Minnow]

Trust me on this one. Brokerages will stepping up to the plate and declare that the Banks are a bargain and start a buying spree. I had a feeling that today was not going to be good. Glad I listened to myself. Now is the time to step in and be in stocks. Looking for a nice run up from these crappy levels. This is a true shake out and the FED/CENTRAL BANK will soon come to the aid. My 2 cents. MAX PAIN looking for 12000s levels.today...This would be a flushout that was needed.

Not second guessing or anything... simply wondering if a two day temper tantrum might be in the cards?.... you know, today around 13000 and then tomorrow down to 12800 or so just so everything is a bargain on the working holiday (maybe just ignore the housing reports since no one is looking on monday) and there's some egg thrown in the direction of Ben? not that I'm suspicious or anything.

 

[12%ayear]

Watch how fast we sell-off the last hour. It is going to get very nasty. I hope I am wrong.

 

[nnuut]

Watch how fast we sell-off the last hour. It is going to get very nasty. I hope I am wrong.

Opps!! Check again!:worried: