350Z's I fund thread OCT 07

[Minnow]

12% great to have you back.... but didn't you need one more day of Jack-O-Lantern? I mean you've been so hot and that monkey looks suspicious to me :notrust:


The lily pad looks good to me for what that's worth :laugh:

 

[whitemingo]

12%,

Welcome back. I am thrilled to see you posting again.

 

[fedgolfer]

As Griffin said, we are already near the top of the channel.

GL.

True, but the upside suprise could be crazy. I always appreciate Grif's insight and charts. But the 10 year chart shows a cup or v-formation... with what kinda looks like a tiny handle. If we get that upside suprise... we could have a breakout off the s&p on that 10 year chart. Of course that spinning top doji on the last candlestick makes me nervous though. The flipside is we get a double top on the 10 year... does the Fed want to declare this the start of a bear market? Nah. They have the PMI, slowed US growth, and weak financials and home building to hang a rate cut on... plus the job numbers they always seem to fix and revise later when people are looking elsewhere.

 

[350zCommTech]

True, but the upside suprise could be crazy. I always appreciate Grif's insight and charts. But the 10 year chart shows a cup or v-formation... with what kinda looks like a tiny handle. If we get that upside suprise... we could have a breakout off the s&p on that 10 year chart. Of course that spinning top doji on the last candlestick makes me nervous though. The flipside is we get a double top on the 10 year... does the Fed want to declare this the start of a bear market? Nah. They have the PMI, slowed US growth, and weak financials and home building to hang a rate cut on... plus the job numbers they always seem to fix and revise later when people are looking elsewhere.

If they cut .50%, we could see a 350+ point rally in the Dow. This would be a 100% retracement level. I would rather be safe than sorry.

Like they say, "bulls and bears make money, but pigs get slauthered."

 

[lesta993]

12%,

Welcome back. I am thrilled to see you posting again.

+10

 

[350zCommTech]

12%,

Glad to have you back.

 

[350zCommTech]

+10

Is that your estimate?

Unless it's your own spreadsheet, please preface the estimate with the name of the spreadsheet. Got to give the creators their due.

 

[RPM]

BTW, I closed my account based on obtaining a new postion at work, which did not pan out(happy about that) and it would have to do with working the overnight shift. No way I could function during the day.

Welcome back! Especially knowing everything is well with you! Good idea to keep your beauty sleep, little though as you need it!

 

[mtzfam]

glad 2 c u back 12% ur info is vital as well as 350z n james n all that post here. I think d lilypad is where I'm going. Thing seem unstable.

 

[lesta993]

No projection. Just echoing a 12% welcome back.

 

[Minnow]

Still believe 350z has the scariest halloween costume.... that tan guy scares me .... alot!

On the subject of the jobs report due Friday... even though they cook those books, will their numbers justify profit taking??? (still learning guys -- be patient)

 

[350zCommTech]

Up 13 cents.

 

[350zCommTech]

Still believe 350z has the scariest halloween costume.... that tan guy scares me .... alot!

Call me Tan-Z-Lo.

 

[James48843]

Quote:

Originally
I think "no cut" is more likely.

Just my 2 cents.

I think a move to L Income is prudent for me. Back into I tomorrow when things turn down. All trick, no treat.:notrust:

Or could be all treat.


I've decided to take the risk, and ride the wave another day. Market is just too strong today, I think the odds favor higher tomorrow.

At least that's how I feel at 11:53 am.

 

[12%ayear]

DJIA want to break 14000s in the worst way. BTW..Here is a great signal for the holiday sales. http://biz.yahoo.com/ap/071031/earns_mastercard.html

 

[350zCommTech]

Up 18 cents.

 

[SkyPilot]

Can we count on any +FV at the end of today?

No, we cannot count on it... indeed, too many variables at play, the FOMC not withstanding...

However, I do hope we get it...

 

[Frixxxx]

No, we cannot count on it... indeed, too many variables at play, the FOMC not withstanding...

If the insiders feel the 50 point announcement coming, serious buys this afternoon. +FV probable.

If the insiders see the built in 25 point cut....more than likely status quo.

No cut (very improbable) the market would have to drop substantially to even think a -FV could occur.

My $0.02

 

[James48843]

DJIA want to break 14000s in the worst way. BTW..Here is a great signal for the holiday sales. http://biz.yahoo.com/ap/071031/earns_mastercard.html

Credit card debt.

Yep, that's life.

Looks like the falling dollar is a real winner for Mastercard:

MasterCard Inc., the world's No. 2 credit card processor, said Wednesday that increased cardholder spending, particularly overseas, boosted its profit by 63 percent in the third quarter.

That falling dollar means that debt held by Brazilians and run up last year, is worth more in U.S. dollars this year.... and is worth more than the same debt held by Americans.

We're even exporting our taste for plastic credit cards around the world......

 

[fedgolfer]

We're even exporting our taste for plastic credit cards around the world......

waiting for the Visa IPO with eager arms.