amoeba's Account Talk

[amoeba]

Hey, I've got your back on this one. Did you notice how nice retail sales were - the consumer lives. If we get a big bang tomorrow I'd unload that F fund like pronto.

I thought the same store sales were mixed; some up some down. I'm hoping for just a little out of the F-fund; I'm only 1/2 in there anyway, actually looking to add to that position on an F down-day, but there haven't been many of those.

I still think there could be a huge move tomorrow due to light volume and the pre-election jobs report coming in outside expectations. Whisper numbers have been moving down, however (i.e., more negative), so it may be more muted than I think.

 

[amoeba]

market crash warning for 10/14/10 or shortly after

because I just went 30% in COB 10/13/10. expect I and S funds to collapse on 10/14/10 like a lead balloon, or it will suck me in more, and then I'll go to the cleaners like the last 3X I tried this.

The boogyman cometh.

 

[Birchtree]

My friend, the sooner you accept your destiny the quicker you'll turn around. What is your destiny you may ask - #325.

 

[Birchtree]

http://www.cnbc.com/id/39651881

 

[amoeba]

My friend, the sooner you accept your destiny the quicker you'll turn around. What is your destiny you may ask - #325.

not a bad guess.....it's #322. And now that I'm in the market 30%, expect armageddon in the next 48h. I say 3% gap down either tomorrow or friday.

 

[Nordic]

not a bad guess.....it's #322. And now that I'm in the market 30%, expect armageddon in the next 48h. I say 3% gap down either tomorrow or friday.

Shhh, positive thoughts now.... I just went all in yesterday after watching from the sidelines the past month, but had the same thoughts..."ok, now it'll correct" :suspicious:

 

[amoeba]

Shhh, positive thoughts now.... I just went all in yesterday after watching from the sidelines the past month, but had the same thoughts..."ok, now it'll correct" :suspicious:

Sorry Nordic - my record remains perfect - a loss on the day following every move into the market (since 4/25/10) - I joke about it but no, it isn't my intent to lose money - it's the one thing I've been good at:

I got my clock cleaned and then some; with F-fund tanking on my 70% short term move into it.

I have one more IFT left - and not sure which way to go - I will keep my eye on Asia and the morning open; if I do move out it will not be of the averaging kind anymore - been there, done that. It will be a big move. Just be sure you do the exact opposite of me.

 

[Birchtree]

10-4

 

[Birchtree]

You should achieve your #325 ranking COB thanks to the F fund.

 

[amoeba]

Dumped most of the F-fund bet today in lieu of 35 S&I; 30 F;

Will dump the rest of F-fund if it puts together another day of positive share price.

Upside target for this month will be a lowly 1.75% net for the year (~.5% above my monthly high so far). Then out until after the election. Downside target is 0.25% (0.75% below current). Anything outside of this range, I bail.

 

[amoeba]

Unspeakably bad move, once again.

That I went 70% in yesterday; and hit my stoploss target before noon:

Unspeakably bad move. I'll be lucky to end this year at zero return.

I am averaging down, but for the last time (this violate's Spaf's mistakes of investing to avoid). I remain 30% in the market - going to G-fund if I get a net positive tomorrow.

The euphoria over QE2 appears to be ending. I was never excited about it, but it was looking like it would last up to the election; now out of steam.

 

[Birchtree]

It won't be long you'll be holding hands with hessisn at #346 for a special relationship. Seeking shelter is a mistake in this market. The bull wants you to enjoy a little pain before you get your reward.

 

[JTH]

Not once have I averaged down on a position (one that wasn't working) and had it work out for the better, no not once.

 

[Birchtree]

OMG - #351. Sorry, I'm all out of salt.

 

[Birchtree]

You should give thanx to the 27 lily padders helping to hold you up or you'd continue to drop. It's about time you had a little good luck. Try not to let emotion stand in your way of making progress. You've been humbled as we all share at some point - but you have two months remaining to grab some gains. Don't fear pain - take the hits and keep on comin. You don't need luck only courage.

 

[Boghie]

Amoeba,

Making big moves after a 2% collapse in the market is never a good idea. Especially when it is cross trend and the sell comes after a loss. You are locking in losses.

If you are that concerned about the market just sit in C/F. Probably the L2020 would be a proper spot.

By the way 'collapse' is a joke.

Its something you have to accept.

A cost of doing business in the market.

 

[Boghie]

Amoeba,

Did CoolHand out you:laugh:?

 

[Birchtree]

I see #375 in your future real soon. It does seem quiet in here though.

 

[crws]

Amoeba,

Did CoolHand out you:laugh:?

LOL!

 

[FUTURESTRADER]

A treacherous game you play, Padawan