350Z's I fund thread NOV 07

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There- it's fixed.

*(Although I do not know who did it- they did it within seconds of me going to see if I could do it. Another mystery in the background edit by the background editors- Thank you Mr. (or MS) Mysteryman!)
 
Quite a nice day, no?

Now, it's time to figure out what will happen tomorrow. My thought is at least one more day of a small rise as the bubbly good mood carries over till tomorrow.
 
Quite a nice day, no?

Now, it's time to figure out what will happen tomorrow. My thought is at least one more day of a small rise as the bubbly good mood carries over till tomorrow.

Me, I'm 75% out tomorrow and probably 100% out Friday. Monday I start looking for the Christmas rally.
 
Yep- sorry I'm late- was handing out the candy. Darn brats cleaned me out of all the good stuff- I was hoping some of the full-size hershey bars would go unclaimed (buuurrrp), but no such luck.
 
Barton Biggs thinks we may have a stampede lurching forward. I'm not proud so I'll take a rampaging bull move anytime.
 
Me, I'm 75% out tomorrow and probably 100% out Friday. Monday I start looking for the Christmas rally.

If the market pulls back tomorrow, I might get back in for Friday. I have a feeling the jobs number will be decent(130-140K). The Fed's statement today basically gives them a neutral bias. That was why the market's initial reaction was to sell the news. I'm actually still surprise that the market finished the way it did.

So, with the Fed now neutral, I think the markets will look at the decent jobs report as "Goldilocks" and maybe bounce from tomorrows pull back.

Opinions?

Btw, tomorrow we have ISM and pending home sales.
 
Looks like the EFA and MSCI EAFE have broken out of a cup and handle formation and to a new high. A very bullish sign.
 
If the market pulls back tomorrow, I might get back in for Friday. I have a feeling the jobs number will be decent(130-140K). The Fed's statement today basically gives them a neutral bias. Opinions?
Btw, tomorrow we have ISM and pending home sales.

Hello 350,
Assuming you're correct on jobs, I'm wondering too - wiil markets maintain uptrend or pullback. Its early still(0745), futures are red, modestly, but as seen before they end up closing just fine. I don't feel that reaction to the FED was really overdone (like last time). Looking back over the last maybe 5-10 days, it seems to me that C & S are generally looking as continuing in an established direction. Of course there are wildcards, as you noted (along w/ $oil). I'm wondering, but thinking C & S could simply continue gains.

As for "I", as noted, Nikkei closed nicely green, as did the Aussie funds. Its Europe thats showing mixed, and bothering me - w/ a good amout of red early this morning. If this is due to dollar, then going forward isn't likely to get better is my guess. Opinions? Best to bail I today?
Thanks
 
I just woke up.

Folks this is not you're typical profit taking after Fed cut. Don't let the media fool you. The Yen carry trade is unwinding. My guess is that it has to do with Credit Swiss and Citigroup.
 
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