350zCommtech's Account Talk

Someone let the grim reaper in
big-and-large-smiley-grim-reaper-smiley-5137.gif
. Keep your heads down during the last 5 minutes. Someone could get hurt. :sick:
 
We just seen the worst January in the history of the SPX.

Looks like a bearish close to me. NDX closed below the 50 but still in the triangle is the only caution for bears.

Lets see what sticksave they can pull out of their ass Sunday night/monday morning.
 
Japan is not having a good night...well if the news I'm getting on their tech companies is any sign, they are hurting big time. Layoffs in Japan!!!:blink: Check NEC and Sony and a couple other of the big players in the financial or tech news.
 
Japan is not having a good night...well if the news I'm getting on their tech companies is any sign, they are hurting big time. Layoffs in Japan!!!:blink: Check NEC and Sony and a couple other of the big players in the financial or tech news.

You must be looking at last night's numbers, since it's Saturday in Japan right now.:)
 
Looks like a bearish close to me. NDX closed below the 50 but still in the triangle is the only caution for bears.

Lets see what sticksave they can pull out of their ass Sunday night/monday morning.

I really think the only way they can is if Geithner looks under a rock and finds 2 trillion dollars in the White House lawn.

Barring that->Down,,Down,,Down
 
SPX 860 is the first test. If that is not taken out they may rush back into bonds for the weekend.

Also RSI +70 can last for weeks. It is when RSI gets closer to 90 when you are pretty safe to say it is time to get out of dodge or short it.
 
SPX 860 is the first test. If that is not taken out they may rush back into bonds for the weekend.

Also RSI +70 can last for weeks. It is when RSI gets closer to 90 when you are pretty safe to say it is time to get out of dodge or short it.

TNX RSI hasn't been near 90 since July 07. I'm just looking for a short term pop in the F fund.
 
I'm just looking for a short term pop in the F fund.
It's been bleeding down and trying my patience. Bonds don't seem to have snap back rallies like stocks. The AGG reached strong support today so I'd say it needs to bounce here and now or I will have to stop the bleeding. (Would that be a great overly bearish buy signal or what? :))
 
It's been bleeding down and trying my patience. Bonds don't seem to have snap back rallies like stocks. The AGG reached strong support today so I'd say it needs to bounce here and now or I will have to stop the bleeding. (Would that be a great overly bearish buy signal or what? :))

Capitulation out of the F fund? Yeah, I've done that.:D

But seriously, bond yields are due to drop back and at least test the 20dma before moving higher again.
 
I'm also in the same boat. Hoping for a quick rally in bond prices. Though the prefect storm would be to have bond yields move down to the 20dma and the S&P fall to 800 level. I do not want to waste a move into the G. I need to move from the F into stocks. However, right now I just don't see a move from F into stocks. This month may become a bad month for me.
 
I would think F fund will have good gains when the next stock down leg forms. Not sure if bonds selling off is just a "fad" (short bonds as seen on TV) or if it will accelerate. Looking at a chart of AGG...I would beware of a possible red waterfall forming! If I had to guess, I would say we bounce in F but it would be pure guesswork.

big.chart
 
I'm also in the same boat. Hoping for a quick rally in bond prices. Though the prefect storm would be to have bond yields move down to the 20dma and the S&P fall to 800 level. I do not want to waste a move into the G. I need to move from the F into stocks. However, right now I just don't see a move from F into stocks. This month may become a bad month for me.

Yeah, I'm willing to sit in the F for the whole month. Monday should be fun.
 
Not sure if bonds selling off is just a "fad" (short bonds as seen on TV) or if it will accelerate.

It's no fad. It's real. Foreigners are buying less treasuries these days. It also doesn't help when the .gov is bailing out everybody in sight and coming out with BS stimulus bills. Too much supply.

Bond yields are on an uptrend. F fund is on a down trend. Severe recession with high interest rates is coming.

I'm just looking to catch a bounce during the next two weeks and then maybe make a percent or two in stocks before heading back to G.
 
Swans are A'Circling

:(350z,

I value your advice.

I think TSP options - in this era - might be the worst ones that could be devised. I think your F Fund analysis is correct, but how fast can a short/mid-term laddered bond fund collapse?

Is the 'G Fund' the place to be with increasing interest rates and a strong potential for inflation at the same time? To my review, it doesn't look like it will do anything possitive in either inflation or rising interest rates. Yuk. And, 'The One' can borrow from it to fund the Porkulous Bill being tipped down the hill.

In the C and S and I Funds I hear the sound of a Black Swan in the past and another in the future. Maybe the same one. Maybe new and improved.
 
'Bad Bank' Is Dropped From Financial-Rescue Package

By: Albert Bozzo, Senior Features Editor | 09 Feb 2009 | 04:30 PM ET

The Obama administration’s wide-ranging plan to stabilize the financial system no longer includes creating a "bad bank" but will still contain measures to encourage private firms to buy up toxic assets from financial institutions, according to a source familiar with the plan.
In addition, funding for the bank-rescue plan is unlikely to exceed the $350 billion currently available under the TARP, this source said.

“They have to have enough to calm the markets, but there might not be as many details as previously thought,” he said.
A Treasury Department source said the plan was essentially complete with only minor “tweaks” being applied. The package will be unveiled Tuesday by Treasury Secretary Timothy Geithner at 11 am EST. CNBC.com will carry the speech live.
CNBC will also interview Geithner after the speech at 12 Noon EST. It will be his first television interview since becoming Treasury Secretary
There’s been great speculation in recent days about both the measures and terms involved in the bank-rescue plan. In particular, there’s been great uncertainty about the inclusion of the "bad bank" concept, where the government would set up an aggregate bank and buy up billions of dollars of bad debt from banks......http://www.cnbc.com/id/29104178

Sounds like TurboTax Timmy's plan might be a dud. The "bad bank" idea was probably never real. It was probably just thrown out there to sticksave the market.

The F fund might have lost a penny today. I still think it's close to a temporary bottom, if not there already.
 
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