350zCommtech's Account Talk

[350zCommTech]

I hate this market. I hate Obama. I hate congress. I hate Wall St.


I hate the F fund.

 

[poolman]

I hate this market. I hate Obama. I hate congress. I hate Wall St.


I hate the F fund.

Me too... It sucks...

 

[tsptalk]

I hate this market. I hate Obama. I hate congress. I hate Wall St.

I hate the F fund.

What's your point? :laugh:

 

[350zCommTech]

Me too... It sucks...

What's your point? :laugh:

I hate trying to make a trading decision on whether our government is going to flush another $60B down AIG's toilet, to pay for AIG's losses, or just finally saying "no more".

Also, the Citigroup's deal means massive dilution. Good chance this will happen to other banks to. Financials should be selling.

As for Obama, his spending spree is hurting bonds. He is either clueless or a complete fraud.

 

[Frixxxx]

He is either clueless or a complete fraud.

I vote for both.......His decision to choose Turbo Tax Tim shows he is clueless. His decision to keep throwing money at a broken system is fraudulent.

My $0.02

 

[kar_crazy]

I vote for both.......His decision to choose Turbo Tax Tim shows he is clueless. His decision to keep throwing money at a broken system is fraudulent.

My $0.02

i second this

 

[poolman]

I vote for both.......His decision to choose Turbo Tax Tim shows he is clueless. His decision to keep throwing money at a broken system is fraudulent.

My $0.02

I agree.

 

[350zCommTech]

I vote for both.......His decision to choose Turbo Tax Tim shows he is clueless. His decision to keep throwing money at a broken system is fraudulent.

My $0.02

$.02 is about where GE's dividend should be.

GE to cut dividend to 10 cents from 31 cents: WSJ

By Sue Chang
Last update: 1:47 p.m. EST Feb. 27, 2009

SAN FRANCISCO (MarketWatch) -- General Electric will cut its quarterly dividend to 10 cents from 31 cents, the Wall Street Journal reported on its Web site Friday. The dividend cut comes weeks after the company warned that it will be evaluating its dividend level for the second half of the year in light of the growing uncertainty in the economy. There had been lingering concerns that the company may be forced to slash dividend due to deteriorating business conditions. Shares of GE were down 5.1% to $8.64.

http://www.marketwatch.com/news/sto...x?guid={D1065092-1F39-481C-8595-32461E11B31E}

 

[WorkFE]

Sorry Frixxxx they only give you a "Penny for your Thoughts" but they'll gladly take 2 cents worth.

 

[mojo]

Have you or anyone seen anything in the mainstream media about this AIG China connection you posted a couple days ago? I haven't but I've been pretty busy.

http://market-ticker.org/archives/824-AIG-Inquiring-Minds-Want-To-Know.html

 

[350zCommTech]

Have you or anyone seen anything in the mainstream media about this AIG China connection you posted a couple days ago? I haven't but I've been pretty busy.

http://market-ticker.org/archives/824-AIG-Inquiring-Minds-Want-To-Know.html

No, I haven't. It's still speculation at this point. We might not know the truth until the siphoning of tax payer money is complete.

 

[tsptalk]

As for Obama, his spending spree is hurting bonds. He is either clueless or a complete fraud.

Stocks can't rally, bonds being hurt, the G-fund paying < 3%. We need more options in the TSP now! Gold, a short fund option, etc. We won't be able to retire if everything is going down.

 

[CountryBoy]

I vote for both.......His decision to choose Turbo Tax Tim shows he is clueless. His decision to keep throwing money at a broken system is fraudulent.

My $0.02

Well ya'll know where I stand on him.:laugh:

CB

 

[Frixxxx]

No, I haven't. It's still speculation at this point. We might not know the truth until the siphoning of tax payer money is complete.

You mean it's going to end????:suspicious:

Stocks can't rally, bonds being hurt, the G-fund paying < 3%. We need more options in the TSP now! Gold, a short fund option, etc. We won't be able to retire if everything is going down.

Agreed, can you imagine being able to short the market all the way from 14,000????? At the first hint of the real estate debacle, I would have been short...50% in the last year and a half an no love.....

Well ya'll know where I stand on him.:laugh:
CB

Yes sir, we do..... That's why we like you!!!!!

 

[CountryBoy]

Yes sir, we do..... That's why we like you!!!!!

And here I thought it was for my financial acumen. Ya'll have a good weekend.

CB

 

[Rod]

Hey Z, I know you are closely watching the $.

Watcha think? Especially since it now rests at the Apr 06 level... just prior to the over 2 year sell-off.

 

[Frixxxx]

Hey Z, I know you are closely watching the $.

Watcha think? Especially since it now rests at the Apr 06 level... just prior to the over 2 year sell-off.

You seein' that too? I'm skeptical about a retracement but it is in the land of sink or swim.......


350~ Did you buy back into FAZ? what a run!!!!!

 

[Rod]

You seein' that too? I'm skeptical about a retracement but it is in the land of sink or swim.......

I sure am, Bro.

Since Z is the $ pro, I wonder what he's thinking.

 

[hessian]

350,
Ya gotta love that last 3 minute dive in the F!

(What was that about? Barclay's games?)
Wonder what TSP will give tonight!:nuts:

 

[350zCommTech]

Hey Z, I know you are closely watching the $.

Watcha think? Especially since it now rests at the Apr 06 level... just prior to the over 2 year sell-off.

You seein' that too? I'm skeptical about a retracement but it is in the land of sink or swim.......


350~ Did you buy back into FAZ? what a run!!!!!

No, I did not get back in FAZ. Got stopped out yesterday and didn't want to chase. I had to work today, so no trading.

Here's the dollar.

View attachment 5915

My target is the green circle, between 89 and 90, which is right around the April 06 level.

I would expect it to retrace a little from that level, but I doubt that it will crash from there. Situation in Europe and the UK will push the dollar back up.

I know what you are thinking Rod. I've been eyeing the I fund for the last few days. I'm just waiting for a capitulation/big sell-off day. I also want to see a big spike in the VIX. The VIX not rising tells me there are still too many bulls/dip buyers/short covering.

Just look at today for example. Bad news from C and GDP, but buyers came in and bought the gap down. No fear. Today should have been capitulation day.