12%ayear's Account Talk

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Relax, he was just joking with you. BTW, I have not used the tracker in a long time. I can care less about bragging rights. I care about my account $$. :p
 
12%ayear said:
Relax, he was just joking with you. BTW, I have not used the tracker in a long time. I can care less about bragging rights. I care about my account $$. :p
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Same hear, I was just going for a friendly bet!
Thought it would be fun!
But, between you and me, if someone is going to give me s--t, I'm going to give it back. Well intended or not!
 
camper65 said:
Same hear, I was just going for a friendly bet!
Thought it would be fun!
But, between you and me, if someone is going to give me s--t, I'm going to give it back. Well intended or not!
Click to expand...
No sweat. Dude, you can break my cans all you want. Just having some fun. With all that snow up there, you need to vent.;) Also Craig(Dogfather) is a great guy. He always teases me and I know where he stands.
 
12%ayear said:
No sweat. Dude, you can break my cans all you want. Just having some fun. With all that snow up there, you need to vent.;) Also Craig(Dogfather) is a great guy. He always teases me and I know where he stands.
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You know,,,,, YOUR RIGHT!!! SLIGHT CASE OF CABIN FEVER HERE!!!!:LOL

Have a GREAT DAY!!!
 
12% will U make any move today? or wait till tomorrow?
We bought some ebay @27 but I think it will be down some more next week,
C,CTBK,GS,FNM.. which one is your first choice?
what do you think of emerging market? emerging market man of fast money last month recommended CHL and some Brazil stocks(I could not remember),now I hear about China buble ...any thought? TIA
 
12%ayear said:
no, it will occur. I see today and tomorrow as red days. Friday looks good so far.
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posted above yesterday.. S Fund looks great for Friday. Jumping from 2 day of G Fund into the S Fund(down 2 days in a row) for Friday. Core PCE Inflation tomorrow and Dell reports after hours. GL
 
anidoc said:
HMMMMMM....more fun and games with Fannie and Freddie.:nuts:
Maybe no selloff today after all.

But after the earlier post about the billions in losses due to mortgages, does THIS make sense????:blink:

LONDON, Feb 27 (Reuters) - European shares pared losses late on Wednesday after the federal regulator for Fannie Mae (FNM.N: Quote, Profile, Research) and Freddie Mac (FMC.N: Quote, Profile, Research) said it would lift an invesmtent cap, freeing up billions of dollars for the mortgage finance companies to invest in the U.S. housing market. At 1554 GMT, the FTSEurofirst 300 index of top European shares was down 0.25 percent at 1,357.95. A trader said: "The main news is the regulators removing the investment cap; there also seem to be some bullish comments coming from (Federal Reserve Chairman Ben) Bernanke when he says he will do all he can about the economy." (Reporting by Sitaraman Shankar and Dominic Lau)
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Both FNM and FRE have now reported huge losses. The decision to lift their caps is idiotic. I think the regulator is being strong-armed. Lifting their caps will allow them to buy up more garbage loans, which will supposedly relieve liquidity pressure from banks and mortgage lenders. This is like putting a gun into your mouth and pulling the trigger, for FNE/FRE. And in this case, the Government/tax payers will end up cleaning the mess.
 
12%ayear said:
posted above yesterday.. S Fund looks great for Friday. Jumping from 2 day of G Fund into the S Fund(down 2 days in a row) for Friday. Core PCE Inflation tomorrow and Dell reports after hours. GL
Click to expand...

Is that a misquote or did you really mean you are going to the S fund tomorrow - friday?? You have personal income, Personal Spending, Core PCE Inflation, Core PCE Prices, Chicago PMI and Mich Sentiment-Rev. all coming out.

Hope it works out for you. ;)

We need to keep making money to keep our puppies happy. LOL

Best
 
Rally coming today for the USMs. We are a tad red in the futures..great sign. Staying away from the OSMs based on the US DOLLAR being way oversold. G Fund for Monday. Today I am in the S Fund FWIW.
 
weatherweenie said:
Futures very red on news of a snag in the Ambac bailout.
Click to expand...

Ambac aside the economy is going into a recession. Chicago PMI was contracting horribly, as were all the regional manufacturing indicators. Real hard data that we are going into a recession. The worst part of the Chicago report...employment contracted nearly 14 pts!

Looking ahead to early next week, we have the national ISM index which is likely to show a strong contraction as well. Not good. Good for F fund though. Also employment report at the end of the week.

Next week could be bad.

Carter Worth was just on and said he was "quite confident" that the next directional move will be to the downside.
 
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looking for a 3%-5% pop in the USMs this week. Staying in the S FUND all week. Easy money IMO..too many bears and shorts. Stay away from the I Fund..US DOLLAR is going to destroy the Euro/Yen this week. Love the markets at these levels. This is how money is made. :)
 
I literally had like 30 seconds before the deadline and saw you post, lol. I had already put in a transfer to 50/50 G/F but was able to cancel. Hopefully the market doesn't leg down again and we're not stuck waiting for the uptrend!
 
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