350zCommTech
Well-known member
This is what we need today.
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- Thread starter 350zCommTech
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350zCommTech
Well-known member
FogSailing
Well-known member
Today's Bee Gee song should be "How Do I Mend A Broken Hurt"..
FS
350zCommTech
Well-known member
Today's Bee Gee song should be "How Do I Mend A Broken Hurt"..
FS
It could still turn around this afternoon.
FogSailing
Well-known member
I'm conflicted today...this wave peetered out way too fast...the Citibank news shouldn't have shocked anyone, the oil news is a continuing problem, the rest of it appears to be flack...
I also think it will "almost bounce back" today...I'm guessing we'll close - 5 points in the S&P..
A +FV is expected for tommorow, plus the Nikkei is due a down day..FTSE will probably rebound so mixed results there..
So, are we going to get a dead cat bonce tomorrow..There's still more economic news forthcoming...so jobs is going to be the big driver..
I'm thinking if GDP is good, CPI seems to be in check, how can jobs be so bad...
I'm guessing S tomorrow is the smart bet...but I'm not certain
FS
350zCommTech
Well-known member
I agree. The I fund should be avoided due to the possible +FV.
S fund is looking good to me.
350zCommTech
Well-known member
Wow! 5.5 cents in the F fund so far today.
hessian
Member
Hey 350,
Appreciate your advice earlier - on bailing out of "I" due to consequeces of falling dollar.
Q: I've been trying to learn about FV. (I know -but Nnuut pointed me to all the links, and I read 'em all). Also I extensively read the thread below (last night) that discussed yesterday's FV issue at length. My question is, Re: 350Z's I fund thread OCT 07 ...
Quote:
Originally Posted by Frixxxx
Well looks like $0.23 Plus +FV $0.15. I was off a penny on my estimate. Should have been the full $.20
Yeah, they went conservative alright. They didn't use the dollar either. I think we got robbed.
-------------------
==>> Will any of those missing pennies that you all last night said ("we got robbed of") carry over to today? - interested, since I sold large chunk of "I" today (actually moved it mostly to S)??
I realize this is just an academic/a challenge question at this point - but hoping I might pick those pennies up as a little bonus, carried-over to today's selling.
VR
350zCommTech
Well-known member
No, we got robbed and what's done is done.. They went conservative, which was unusual. Your only hope today is for the USM to rally in the last hour. If we get enough short covering, it might happen. 12% seems to think it will.
350zCommTech
Well-known member
You're welcome.
Btw, the market just found another support. S&P 1510. If this doesn't hold, tomorrow might suck....:worried:
350zCommTech
Well-known member
I wish the markets could end right now...
Next support is 1490, followed by 1481.
WIND_HUNTER
Member
It doesn't look like 1510 is going to hold.
1510 held. I'm glad I didn't bail to G tomorrow. I think we get a good portion back.
350zCommTech
Well-known member
SCHAGAN
Member
August 9th...I remember it all too well. That day we saw the S&P -44.40, DOW -387.18.
budnipper1
Active member
Congrats, Z...You and one other member shown on the tracker make up the elite "winner's club" today. (of those who don't have their IFT's blocked, I should add) Two out of 108 being tracked, if you count the stock funds entries, ain't too shabby. So many 100%'ers dropped down today, it moved me UP on the list, even though I was one of the "LOSERS" too...just not 100% in. Here's to hoping you made the correct move today, for Friday. I'm arootin' for ya.(actually, I'm rootin' for myself):nuts:
350zCommTech
Well-known member
Thanks bud,
I'm superstitious, so I don't want to jinx us for tomorrow, but I will say one think. At the moment, the currency markets are saying we are going to .......
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P.S. If anybody says anything, I will never speak to you again...Similar threads
