350zCommtech's Account Talk

Sort by newest Sort by date
Looks like a great finish and expect nice second leg up tomorrow on resumed bottom fishing. I like the seesaw action and reconfirmation of the first explosive move up. Only up and sideways trading action from here. I agree with boxer...too much negative in and out of the market and chat rooms...Looks like a good time to be a market contrarian. :)
 
Show-me said:
I'm at home today with a sick wife, bronchitis. If you have it, look at the double top on a intra day 5 minute chart. Perfect set up for a mighty fall tomorrow.

Looks like we could get scalped on the F today. Easy come, easy go.
Click to expand...

Yup, I do see the double top on the intra day. But I also see the powers that be are trying setup a double bottom, 1/23 and now.

We got screwed in the F fund.
 
felixthecat said:
Looks like a great finish and expect nice second leg up tomorrow on resumed bottom fishing. I like the seesaw action and reconfirmation of the first explosive move up. Only up and sideways trading action from here. I agree with boxer...too much negative in and out of the market and chat rooms...Looks like a good time to be a market contrarian. :)
Click to expand...


It also helps when S&P outright lies and politicians propose garbage like this:

Rep. Frank offers new foreclosure-help proposal
Wants government to pledge up to $300 billion in loan guarantees

http://www.marketwatch.com/news/sto...F9-BA16-49A7-A26E-1E82933945DB}&dist=hplatest
 
350zCommTech said:
It also helps when S&P outright lies and politicians propose garbage like this:

Rep. Frank offers new foreclosure-help proposal
Wants government to pledge up to $300 billion in loan guarantees

http://www.marketwatch.com/news/sto...F9-BA16-49A7-A26E-1E82933945DB}&dist=hplatest
Click to expand...


The upside of all this is that the general investor sees all these bail outs as "a sound solution" - couple that with the "wonderful news" comming from the FED along with another small cut in another week and VOLUME WILL LIKELY SUSTAIN A RALLY. As bizarre as we see most of this stuff - it appears these tactics will pay off - the enormous BAIL OUTS and RATE CUTS may finally pay off in regards to "buying volume" - and that's the bottom line.

Only Griffen knows for sure - and he's not taking. So will have to see
 
350zCommTech said:
Yup, I do see the double top on the intra day. But I also see the powers that be are trying setup a double bottom, 1/23 and now.

We got screwed in the F fund.
Click to expand...

Unreal you just can't make this $hit up. I had a plan a good safe plan not looking for big money thinking well this is a good play and there is no way anything can stop this unless there is another rumor without proof and at 11:00 AM when they saw the market was going to tank they just throw this out of the blue.

I don't even know how much the F Fund dropped but to me it appears they are doing all they can to make sure the market holds up so tomorrow I would expect a better report tomorrow and the market will stay up WHY ???

BECAUSE THEY ARE GOING TO SAY ON TUESDAY NO RATE CUT THEY NEED TIME TO SEE IF THE 200 BILLION IS WORKING TO GAGE THE MARKET.!!!

WHY WOULD THEY CUT RATES AND DUMP 200 BILLION INTO THE MARKETS A WEEK AFTER THE MARKET WENT UP 400+ POINTS THERE IS THE OUT FOR THE FED ???
 
Do you really think that 200 Bil. was Mr. B's idea!
He's not smart enough!
According to my charts, this uptick will last about two weeks. Give or take.
 
Braveheart said:
Unreal you just can't make this $hit up. I had a plan a good safe plan not looking for big money thinking well this is a good play and there is no way anything can stop this unless there is another rumor without proof and at 11:00 AM when they saw the market was going to tank they just throw this out of the blue.
Click to expand...

Yeah, the last few weeks have been pretty tough to trade. We went through two weeks of CNBC ABK bailout garbage and this week it looks like they are throwing everything at the shorts to off-set TMA, Carlyle, and BSC.

FWIW, the Yen rose towards the end of trading and is continuing after hours.
 
I'd also ask, what about all those shorts that bought all those Puts? With triple opex next week, won't they be all be panicked, yelling: "SELL, SELL, SELL"!!! (to quote the movie: "Trading Places")? :worried::D
 
hessian said:
I'd also ask, what about all those shorts that bought all those Puts? With triple opex next week, won't they be all be panicked, yelling: "SELL, SELL, SELL"!!! (to quote the movie: "Trading Places")? :worried::D
Click to expand...

We will know on Tuesday. Actually, we might get a big clue tomorrow morning when the CPI is released. IF we get a hot CPI, you can pretty much rule out a .75% cut. They could still do a .50% cut, but that will probably disappoint the markets.

On the other hand, Ben likes to squeeze the shorts. A hot CPI will have the shorts piling in, thinking .25% or no cut. Then,on Tuesday, Ben can cut .75% causing a massive short squeeze taking the NDX above the 50dma. Despite what they say, the Feds actions have proven that they don't care about the dollar or inflation.
 
Quote: 350z
Care to post that chart? I think the key is the NDX. If they can get it to close above the 20dma, with confirmation, then I think you might be proven right. It's a big if though.

I would but haven't figured out how to do that yet,,,, plus,,, my charts are simplified.
When I do post them, I'll be asking for advice and input. (Do you see what I see? or is it just good guessing?)
 
camper65 said:
Quote: 350z
Care to post that chart? I think the key is the NDX. If they can get it to close above the 20dma, with confirmation, then I think you might be proven right. It's a big if though.

I would but haven't figured out how to do that yet,,,, plus,,, my charts are simplified.
When I do post them, I'll be asking for advice and input. (Do you see what I see? or is it just good guessing?)
Click to expand...

What exactly are you referring to? S&P?, Dow?

Use the paper clip icon to add attachments.
 
Braveheart said:
Z what did the F Fund lose today 8 cents about right. I would rather see 5 cents so that means 8.
Click to expand...

My calculations show -3 cents, but something tells me the F fund might have to give back some of yesterday's gains. The F fund got overpaid by 4 cents yesterday. I hope I'm wrong.
 
350zCommTech said:
What exactly are you referring to? S&P?, Dow?

Use the paper clip icon to add attachments.
Click to expand...

OK, I see what you mean. I'll work on it, Need to select a format.(But not tonight,, I'v got a Date!!!!)
(Computers? I Hate computers, all i want to know is how to turn the thing on and get it to do what i want!!!!! LOL )
 
350zCommTech said:
F fund -3 cents.:nuts:
Click to expand...

That was I had figured so based upon yesterday up 10 if we used yesterday's math it would be about 7 cents. I can deal with 3 cents but still we got screwed on bogus news. BTW I already made my move from the G Fund tomorrow to the F Fund for Monday. I think tomorrow it will drop even more hopefully back to $12.00 - Good Luck and please tell me what you think about Monday and the F Fund based upon what happens tomorrow. :)
 
You must log in or register to reply here.

Similar threads

tsptalk
December 2024 AutoTracker Winners!
Replies
1
Views
164
nasa1974
nasa1974
tsptalk
November 2024 AutoTracker Winners!
Replies
3
Views
507
tsptalk
tsptalk
tsptalk
October 2024 AutoTracker Winners!
Replies
5
Views
274
nasa1974
nasa1974
tsptalk
2024 Final AutoTracker Winners!
Replies
1
Views
145
nasa1974
nasa1974
TommyIV
  • Article Article
TSP Talk Weekly Wrap Up - Opportunistic Investors
Replies
0
Views
90
TommyIV
TommyIV
Back
Top